BP Capital TwinLine MLP A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-4.4%
3 Yr Avg Return
3.1%
5 Yr Avg Return
N/A
Net Assets
$106 M
Holdings in Top 10
60.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.89%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 63.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BPMAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.36%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBP Capital TwinLine MLP Fund
-
Fund Family Namebp capital
-
Inception DateDec 31, 2013
-
Shares Outstanding1605594
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBenton D. Cook
Fund Description
BPMAX - Performance
Return Ranking - Trailing
Period | BPMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 6.5% | 27.2% | N/A |
1 Yr | -4.4% | -15.7% | -0.1% | N/A |
3 Yr | 3.1%* | -14.8% | 0.8% | N/A |
5 Yr | N/A* | -23.7% | -6.8% | N/A |
10 Yr | N/A* | -1.8% | -1.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | BPMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -35.0% | -10.2% | N/A |
2022 | N/A | -25.3% | -3.3% | N/A |
2021 | N/A | 1.0% | 39.2% | N/A |
2020 | N/A | -57.7% | -25.7% | N/A |
2019 | N/A | -4.8% | 9.5% | N/A |
Total Return Ranking - Trailing
Period | BPMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 6.5% | 30.4% | N/A |
1 Yr | -9.9% | -15.7% | 2.8% | N/A |
3 Yr | 1.1%* | -14.8% | 2.7% | N/A |
5 Yr | N/A* | -20.9% | -3.6% | N/A |
10 Yr | N/A* | -1.2% | 0.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BPMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -30.1% | -9.4% | N/A |
2022 | N/A | -19.6% | 0.4% | N/A |
2021 | N/A | 1.0% | 39.2% | N/A |
2020 | N/A | -54.9% | -20.9% | N/A |
2019 | N/A | 0.5% | 13.1% | N/A |
BPMAX - Holdings
Concentration Analysis
BPMAX | Category Low | Category High | BPMAX % Rank | |
---|---|---|---|---|
Net Assets | 106 M | 380 K | 4.15 B | N/A |
Number of Holdings | 22 | 15 | 55 | N/A |
Net Assets in Top 10 | 64 M | 262 K | 2.64 B | N/A |
Weighting of Top 10 | 60.57% | 26.2% | 99.1% | N/A |
Top 10 Holdings
- Enterprise Products Partners LP 9.46%
- Targa Resources Corp 6.81%
- Magellan Midstream Partners LP 6.39%
- Energy Transfer Partners LP 6.33%
- Phillips 66 Partners LP 5.82%
- Williams Partners LP 5.58%
- Shell Midstream Partners LP 5.16%
- Antero Midstream GP LP 5.11%
- Kinder Morgan Inc P 5.06%
- MPLX LP Partnership Units 4.85%
Asset Allocation
Weighting | Return Low | Return High | BPMAX % Rank | |
---|---|---|---|---|
Stocks | 98.70% | 38.10% | 125.47% | N/A |
Cash | 1.30% | -24.43% | 13.61% | N/A |
Preferred Stocks | 0.00% | 0.00% | 2.34% | N/A |
Other | 0.00% | -25.67% | 44.05% | N/A |
Convertible Bonds | 0.00% | 0.00% | 0.12% | N/A |
Bonds | 0.00% | 0.00% | 33.15% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | BPMAX % Rank | |
---|---|---|---|---|
Energy | 98.70% | 2.79% | 122.55% | N/A |
Utilities | 0.00% | 0.00% | 3.58% | N/A |
Technology | 0.00% | 0.00% | 12.99% | N/A |
Real Estate | 0.00% | 0.00% | 2.91% | N/A |
Industrials | 0.00% | 0.00% | 8.15% | N/A |
Healthcare | 0.00% | 0.00% | 9.09% | N/A |
Financial Services | 0.00% | 0.00% | 11.51% | N/A |
Communication Services | 0.00% | 0.00% | 1.06% | N/A |
Consumer Defense | 0.00% | 0.00% | 3.81% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 6.93% | N/A |
Basic Materials | 0.00% | 0.00% | 3.67% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BPMAX % Rank | |
---|---|---|---|---|
US | 98.70% | 34.05% | 125.47% | N/A |
Non US | 0.00% | 0.00% | 29.32% | N/A |
BPMAX - Expenses
Operational Fees
BPMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.89% | 0.81% | 4.26% | N/A |
Management Fee | 1.10% | 0.70% | 1.25% | N/A |
12b-1 Fee | 0.25% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
BPMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 4.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BPMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BPMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 63.00% | 0.00% | 75.00% | N/A |
BPMAX - Distributions
Dividend Yield Analysis
BPMAX | Category Low | Category High | BPMAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.13% | N/A |
Dividend Distribution Analysis
BPMAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
BPMAX | Category Low | Category High | BPMAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.36% | -7.28% | 3.40% | N/A |
Capital Gain Distribution Analysis
BPMAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 04, 2018 | $0.258 | |
Jun 01, 2018 | $0.258 | |
Mar 01, 2018 | $0.258 | |
Dec 01, 2017 | $0.258 | |
Sep 01, 2017 | $0.258 | |
Jun 01, 2017 | $0.258 | |
Mar 01, 2017 | $0.258 | |
Dec 01, 2016 | $0.258 | |
Sep 01, 2016 | $0.258 | |
Jun 01, 2016 | $0.258 | |
Mar 01, 2016 | $0.258 | |
Dec 01, 2015 | $0.258 | |
Sep 01, 2015 | $0.258 | |
Jun 01, 2015 | $0.258 | |
Mar 02, 2015 | $0.240 | |
Dec 01, 2014 | $0.240 | |
Sep 02, 2014 | $0.240 | |
Jun 02, 2014 | $0.084 | |
Mar 03, 2014 | $0.096 |
BPMAX - Fund Manager Analysis
Managers
Benton D. Cook
Start Date
Tenure
Tenure Rank
Jun 13, 2017
1.3
1.3%
Benton Cook, CFA, Portfolio Manager, joined BP Capital Fund Advisors in June 2017, where he serves as a member of the Investment Committee. Prior to joining the team, Mr. Cook was a Portfolio Manager with Mariner Investment Group (2016 – 2017), and before that he was a Portfolio Manager with A.G. Hill Partners (2009 – 2015) and Opsis Capital Management (2005 -2009). Mr. Cook previously held positions as a Senior Analyst with Carlson Capital and as an Equity Research Analyst with Raymond James. Mr. Cook has an MBA in Finance from the University of Texas at Austin and a BA in Economics from Johns Hopkins University. He is also a CFA charter holder and member of the Chartered Financial Analyst Institute.
Toby Loftin
Start Date
Tenure
Tenure Rank
Dec 31, 2013
4.75
4.8%
Toby Loftin is the managing member of BP Capital Fund Advisors, LLC and the portfolio manager. Mr. Loftin founded BP Capital Fund Advisors, LLC in 2013. Prior thereto, between 2010 and the formation of the firm, Mr. Loftin served as a member of TBP’s Investment Committee, and managed the midstream/MLP assets. Before joining TBP, Mr. Loftin was a partner of Steelpath Fund Advisors and Steelpath Capital Management (formerly Alerian) (2009-2010). He also served as Director of Institutional Equity Research Sales with Royal Bank of Canada Capital Markets from 2003-2009. He earned a Bachelor of Science degree from the U.S. Air Force Academy (1995) and a Master of Science-Finance from University of Texas at San Antonio (1999).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.49 | 9.25 | 6.64 | 9.25 |