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MLPYX Oppenheimer SteelPath MLP Select 40 W

  • Fund
  • MLPYX
  • Price as of: Apr 24, 2019
  • $7.87 - $0.02 - 0.25%
  • Category
  • MLPs

MLPYX - Profile

Vitals

  • YTD Return 8.9%
  • 3 Yr Annualized Return -5.1%
  • 5 Yr Annualized Return -9.3%
  • Net Assets $3.45 B
  • Holdings in Top 10 53.9%

52 WEEK LOW AND HIGH

$7.87
$6.88
$8.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.98%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$500

Investment Themes

CATEGORY

MLPs
  • Fund Type Open End Mutual Fund
  • Investment Style Energy Limited Partnership

Distributions

  • YTD Total Return 9.7%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return -2.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.23%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Oppenheimer SteelPath MLP Select 40 Fund
  • Fund Family Name OppenheimerFunds
  • Inception Date Mar 31, 2010
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States

MLPYX - Performance

Return Ranking - Trailing

Period MLPYX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.9% 8.1% 28.0% 93.33%
1 Yr -2.7% -11.5% 6.1% 48.33%
3 Yr -5.1%* -12.6% 4.9% 52.54%
5 Yr -9.3%* -22.3% -4.8% 25.93%
10 Yr N/A* -1.7% -1.0% N/A

* Annualized


Return Ranking - Calendar

Period MLPYX Return Category Return Low Category Return High Rank in Category (%)
2018 -16.9% -35.0% -10.2% 13.33%
2017 -10.8% -25.3% -3.3% 25.42%
2016 6.2% 1.0% 39.2% 88.14%
2015 -25.8% -57.7% -25.7% 5.08%
2014 0.8% -4.8% 9.5% 75.47%

Total Return Ranking - Trailing

Period MLPYX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.7% 9.0% 31.4% 93.33%
1 Yr 3.9% -11.5% 7.9% 38.33%
3 Yr 2.1%* -12.6% 7.6% 42.37%
5 Yr -2.7%* -15.8% -2.4% 11.11%
10 Yr N/A* -1.1% 0.1% N/A

* Annualized


Total Return Ranking - Calendar

Period MLPYX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.5% -30.1% -9.4% 5.00%
2017 -3.7% -19.6% 0.4% 10.17%
2016 14.8% 1.0% 39.2% 89.83%
2015 -21.0% -54.9% -20.9% 3.39%
2014 6.5% 0.5% 13.1% 60.38%

NAV & Total Return History

MLPYX - Holdings

Concentration Analysis

MLPYX Category Low Category High MLPYX % Rank
Net Assets 3.45 B 330 K 4.35 B 11.67%
Number of Holdings 41 15 56 26.67%
Net Assets in Top 10 1.56 B 259 K 2.82 B 18.33%
Weighting of Top 10 53.94% 39.2% 112.2% 90.00%

Top 10 Holdings

  1. Energy Transfer LP 8.80%

  2. Tallgrass Energy LP A 7.10%

  3. TC Pipelines LP 5.77%

  4. Holly Energy Partners LP 4.88%

  5. Enterprise Products Partners LP 4.86%

  6. Buckeye Partners LP 4.80%

  7. Genesis Energy LP 4.69%

  8. MPLX LP Partnership Units 4.47%

  9. Western Gas Partners, LP 4.44%

  10. Sunoco LP 4.12%


Asset Allocation

Weighting Return Low Return High MLPYX % Rank
Stocks
95.26% 63.09% 132.36% 71.67%
Preferred Stocks
2.78% 0.00% 2.78% 6.67%
Other
1.96% -35.31% 4.78% 25.00%
Convertible Bonds
0.00% 0.00% 0.09% 93.33%
Cash
0.00% -27.11% 20.53% 90.00%
Bonds
0.00% 0.00% 21.36% 93.33%

Stock Sector Breakdown

Weighting Return Low Return High MLPYX % Rank
Energy
90.90% 3.38% 128.15% 66.67%
Basic Materials
3.01% 0.00% 4.22% 20.00%
Industrials
1.34% 0.00% 7.07% 31.67%
Utilities
0.00% 0.00% 3.43% 96.67%
Technology
0.00% 0.00% 12.12% 93.33%
Real Estate
0.00% 0.00% 3.37% 93.33%
Healthcare
0.00% 0.00% 9.22% 93.33%
Financial Services
0.00% 0.00% 11.07% 93.33%
Communication Services
0.00% 0.00% 0.99% 93.33%
Consumer Defense
0.00% 0.00% 3.57% 93.33%
Consumer Cyclical
0.00% 0.00% 7.48% 93.33%

Stock Geographic Breakdown

Weighting Return Low Return High MLPYX % Rank
US
93.79% 55.89% 132.36% 45.00%
Non US
1.47% 0.00% 26.72% 75.00%

MLPYX - Expenses

Operational Fees

MLPYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.81% 4.26% 95.00%
Management Fee 0.70% 0.70% 1.25% 6.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

MLPYX 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

MLPYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Turnover 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.

MLPYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 75.00% 20.00%

MLPYX - Distributions

Dividend Yield Analysis

MLPYX Category Low Category High MLPYX % Rank
Dividend Yield 0.09% 0.00% 0.17% 50.00%

Dividend Distribution Analysis

MLPYX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

MLPYX Category Low Category High MLPYX % Rank
Net Income Ratio -1.23% -7.28% 2.72% 70.00%

Capital Gain Distribution Analysis

MLPYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

MLPYX - Managers

Tenure Analysis

Category Low

0.24

Category High

9.01

Category Average

6.39

Category Mode

9.01