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Trending ETFs

Name

As of 08/03/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$26.77

$106 M

0.00%

1.64%

Vitals

YTD Return

9.6%

1 yr return

5.2%

3 Yr Avg Return

11.3%

5 Yr Avg Return

12.9%

Net Assets

$106 M

Holdings in Top 10

60.6%

52 WEEK LOW AND HIGH

$26.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.64%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 63.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 08/03/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$26.77

$106 M

0.00%

1.64%

BPMIX - Profile

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return 11.3%
  • 5 Yr Annualized Total Return 12.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    BP Capital TwinLine MLP Fund
  • Fund Family Name
    bp capital
  • Inception Date
    Dec 31, 2013
  • Shares Outstanding
    6110394
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Benton D. Cook

Fund Description


BPMIX - Performance

Return Ranking - Trailing

Period BPMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -11.3% 29.4% 16.28%
1 Yr 5.2% -13.4% 32.0% 60.47%
3 Yr 11.3%* -3.8% 36.4% 79.69%
5 Yr 12.9%* -12.7% 31.9% 15.93%
10 Yr N/A* -13.0% 11.5% N/A

* Annualized

Return Ranking - Calendar

Period BPMIX Return Category Return Low Category Return High Rank in Category (%)
2023 -11.8% -11.8% 56.2% 100.00%
2022 8.9% -6.1% 24.6% 81.25%
2021 1.5% -24.8% 46.7% 20.47%
2020 N/A -4.4% 5.2% N/A
2019 -3.2% -7.3% -1.8% 11.01%

Total Return Ranking - Trailing

Period BPMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -9.4% 30.4% 18.60%
1 Yr 5.2% -13.4% 32.5% 62.02%
3 Yr 11.3%* -3.8% 31.1% 75.78%
5 Yr 12.9%* -12.7% 32.8% 16.07%
10 Yr N/A* -13.0% 14.9% N/A

* Annualized

Total Return Ranking - Calendar

Period BPMIX Return Category Return Low Category Return High Rank in Category (%)
2023 -11.8% -11.8% 56.2% 100.00%
2022 8.9% -6.1% 24.6% 81.25%
2021 1.5% -24.8% 46.7% 20.47%
2020 N/A -12.8% 5.2% N/A
2019 -3.2% -7.3% -1.8% 33.94%

NAV & Total Return History


BPMIX - Holdings

Concentration Analysis

BPMIX Category Low Category High BPMIX % Rank
Net Assets 106 M 22 M 6.77 B 82.95%
Number of Holdings 22 1 175 81.30%
Net Assets in Top 10 64 M 0 5.88 B 86.18%
Weighting of Top 10 60.57% 39.8% 110.0% 58.62%

Top 10 Holdings

  1. Enterprise Products Partners LP 9.46%
  2. Targa Resources Corp 6.81%
  3. Magellan Midstream Partners LP 6.39%
  4. Energy Transfer Partners LP 6.33%
  5. Phillips 66 Partners LP 5.82%
  6. Williams Partners LP 5.58%
  7. Shell Midstream Partners LP 5.16%
  8. Antero Midstream GP LP 5.11%
  9. Kinder Morgan Inc P 5.06%
  10. MPLX LP Partnership Units 4.85%

Asset Allocation

Weighting Return Low Return High BPMIX % Rank
Stocks
98.70% 53.33% 133.88% 63.11%
Cash
1.30% -58.21% 13.09% 30.33%
Preferred Stocks
0.00% 0.00% 4.73% 100.00%
Other
0.00% -36.30% 3.66% 97.54%
Convertible Bonds
0.00% 0.00% 5.29% 100.00%
Bonds
0.00% 0.00% 44.12% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High BPMIX % Rank
Energy
98.70% 29.76% 100.00% 13.11%
Utilities
0.00% 0.00% 48.96% 100.00%
Technology
0.00% 0.00% 19.24% 100.00%
Real Estate
0.00% 0.00% 14.30% 100.00%
Industrials
0.00% 0.00% 10.08% 100.00%
Healthcare
0.00% 0.00% 0.00% 100.00%
Financial Services
0.00% 0.00% 0.66% 100.00%
Communication Services
0.00% 0.00% 5.06% 100.00%
Consumer Defense
0.00% 0.00% 0.82% 100.00%
Consumer Cyclical
0.00% 0.00% 13.46% 100.00%
Basic Materials
0.00% 0.00% 6.40% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High BPMIX % Rank
US
98.70% 48.92% 130.59% 12.30%
Non US
0.00% 0.00% 35.96% 100.00%

BPMIX - Expenses

Operational Fees

BPMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.64% 0.35% 8.56% 52.46%
Management Fee 1.10% 0.35% 1.38% 79.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.15% N/A

Sales Fees

BPMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

BPMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

BPMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 6.00% 248.00% 73.04%

BPMIX - Distributions

Dividend Yield Analysis

BPMIX Category Low Category High BPMIX % Rank
Dividend Yield 0.00% 0.00% 9.39% 100.00%

Dividend Distribution Analysis

BPMIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

BPMIX Category Low Category High BPMIX % Rank
Net Income Ratio -1.14% -6.38% 9.57% 81.67%

Capital Gain Distribution Analysis

BPMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

BPMIX - 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
0.08 15.78 7.6 12.18