Mutual Funds

MLP & Energy Income Fund

The Advisory Research MLP & Energy Income Fund invests in publicly traded equity and debt securities of master limited partnerships (MLPs) and in equity and debt securities of other companies focused in the energy infrastructure sector. 

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The Fund will purchase securities across the capital structure of MLPs and their affiliates with the goal of providing greater liquidity and lower volatility with a high correlation to MLP returns. The Fund seeks to provide investors with the following benefits:

  • MLP and energy infrastructure portfolio with an increased opportunity set by investing across the capital structure.
  • Opportunistic midstream focus.
  • 1099 tax reporting – no K-1s, state tax filings, Unrelated Business Taxable Income (“UBTI”) or fund-level taxation.
  • Seeks current income and secondarily long-term capital appreciation.

Read about the advantages of the Advisory Research MLP & Energy Income Fund RIC structure.

Fund Facts
Share Class: A C I
CUSIP 461418543 461418238 461418535
Inception 5/18/11 4/1/12 12/27/10
Minimum Investment $2,500 $2,500 $2,500 - $1,000,000*
Gross Expense Ratio 1.40% 2.15% 1.15%
Total Net Assets (all classes) $866 million
Portfolio Managers Jim Cunnane and Quinn Kiley
Top 10 Holdings
DCP Midstream, LP 7.2%
MPLX LP 6.2%
The Williams Companies, Inc. 5.6%
ONEOK, Inc. 5.4%
EnLink Midstream, LLC 5.4%
Tallgrass Energy GP, LP 5.4%
Enbridge Incorporated 5.2%
Kinder Morgan, Inc. 5.2%
Anadarko Petroleum Corporation 7.5% Due 6-7-2018 Preferred 4.9%
Targa Resources Corp. 4.4%
Total 54.9%
Asset Allocation
76.9% MLP & Energy Infrastructure Equities:76.9|19.1% High Yield Bonds:19.1|1.2% Investment Grade Bonds:1.2|2.8% Cash & Equivalents:2.8

Fund risks and disclosures