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Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund Ranking and Research

Ranking, Research and Recommendation of Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) ManagerFund Manager - Brian D. Watson

Fund Manager Information

Fund Manager Tenure: 7.7 years
Similar Funds: MLPAX  MLPDX  MLPFX  MLPTX  MLPYX  MLPZX 
Fund Family: OppenheimerFunds
Fund Category: Energy Limited Partnership
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.76)     (What does this score mean?)

 

Graph of Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) ProfileOppenheimer SteelPath MLP Alpha Y Fund (MLPOX) Profile

Fund Profile and Description

Oppenheimer SteelPath MLP Alpha Y Fund seeks to provide investors with a concentrated portfolio of energy infrastructure Master Limited Partnerships which the advisor believes will provide substantial long-term capital appreciation through distribution growth and an attractive level of current income. Oppenheimer SteelPath MLP Alpha Y Fund invests in a concentrated portfolio of twenty (20) MLPs. It invests at least 90% of net assets in the equity securities of twenty Midstream MLPs. Oppenheimer SteelPath MLP Alpha Y Fund is non-diversified.

 

Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund Strength What we like about Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund

Data for Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) as of May 30, 2016

  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) management has been with Oppenheimer SteelPath MLP Alpha Y Fund for 7.7 years
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has good short-term performance (1-year return -18.28% vs -28.09% Energy Limited Partnership category median performance)
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has good mid-term performance (3-year return -1.71% vs -3.92% Energy Limited Partnership category median performance)
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has good Long-term performance (5-year return 3.45% vs 2.70% Energy Limited Partnership category median performance)
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) ratio of up-years vs down years is greater than 2
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has a Morningstar rating of 4 and above
  • Asset base in Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has an annual stock turnover rate of 36.00% vs Energy Limited Partnership average of 48.92%. It is good that Oppenheimer SteelPath MLP Alpha Y management does not trade extensively for its return.
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) is less volatile than its peers as it has a 3-year Standard Deviation of 17.67, lower than category average of 20.78
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) has a lower expense ratio than its Energy Limited Partnership average: 1.27% vs 1.65%
  • Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) Weakness What we are cautious about Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund

Data for Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) as of May 30, 2016

See Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) performance details as of May 30, 2016

 

What do you think?

 

Compare Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX)Compare with other top Energy Limited Partnership category mutual funds

Aadditional top Energy Limited Partnership mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Oppenheimer SteelPath MLP Alpha Y9.92-18.28-1.713.45

See top fund managers for Energy Limited Partnership Category Funds

 

Compare Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX)Compare with Energy Limited Partnership category ETFs

Some Energy Limited Partnership ETFs for your consideration

ETFYear to DateOne YearThree Year
Alerian MLP ETF (AMLP)7.07%-18.63%-4.18%

 

Graph of Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) Net Asset TrackingOppenheimer SteelPath MLP Alpha Y (MLPOX) Fund Net Asset

Track net asset change of Oppenheimer SteelPath MLP Alpha Y fund (MLPOX)

DateNet Asset
05/2016$3.45B
03/2016$2.94B
02/2016$2.69B
More historic net asset information on Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX)

  

Graph of Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) Portfolio TrackingOppenheimer SteelPath MLP Alpha Y (MLPOX) Fund Portfolio Allocation

Track portfolio allocation change of Oppenheimer SteelPath MLP Alpha Y fund (MLPOX)

DateCashStockBondOther
03/20160%92.1%0%7.9%
12/20150%91.74%0%8.26%
09/20150.99%93.11%0%5.9%
Click here to see more historic asset allocation information on Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX)

 

graph of Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) Top 10 Position TrackingTop 10 Holdings in Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund

Discover what Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) manager is buying

Mar 30, 2016
Magellan Midstream Partners L.P [8.8%]
Sunoco Logistics Partners LP Co [8.61%]
Enterprise Products Partners L. [8.17%]
TC PipeLines, LP Common Units r [6.95%]
Energy Transfer Partners, L.P. [6.94%]
MPLX LP Common Units Representi [5.89%]
Tallgrass Energy GP, LP Class A [4.86%]
Buckeye Partners L.P. Common St [4.25%]
Energy Transfer Equity, L.P. En [3.58%]
EQT Midstream Partners, LP Comm [3.46%]

Dec 30, 2015
Sunoco Logistics Partners LP Co [8.29%]
Magellan Midstream Partners L.P [8.16%]
Enterprise Products Partners L. [8.06%]
TC PipeLines, LP Common Units r [7.04%]
Energy Transfer Partners, L.P. [6.8%]
Energy Transfer Equity, L.P. En [6.48%]
Buckeye Partners L.P. Common St [4.4%]
EQT Midstream Partners, LP Comm [3.73%]
MPLX LP Common Units Representi [3.71%]
Williams Partners, L.P. Common [3.7%]

Sep 29, 2015
Enterprise Products Partners L. [8.25%]
Sunoco Logistics Partners LP Co [8.1%]
Magellan Midstream Partners L.P [8.08%]
Energy Transfer Partners, L.P. [7.32%]
Energy Transfer Equity, L.P. En [6.78%]
TC PipeLines, LP Common Units r [5.33%]
Buckeye Partners L.P. Common St [4.41%]
Williams Companies, Inc. (The) [4.08%]
Plains All American Pipeline, L [4.03%]
Williams Partners, L.P. Common [3.79%]
Click here for Stock Holding Change Map in Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX)

  

Latest News on Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund

See what is happening with Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX)

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Oppenheimer SteelPath MLP Alpha Y Fund (MLPOX) Related ResourcesSee more information on Oppenheimer SteelPath MLP Alpha Y (MLPOX) Fund

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