Mutual Funds

MLP & Equity Fund

The Advisory Research MLP & Equity Fund seeks to provide total return by investing in master limited partnership (MLP) and energy infrastructure equities.  

Download Fact Sheet

Under normal market conditions, the Fund will invest at least 80% of its total assets in publicly traded equity of MLPs and other companies focused in the energy infrastructure sector. Fund attributes include:

  • MLP and energy infrastructure equity portfolio.
  • Opportunistic midstream focus.
  • RIC structure: provides a 1099 – no K-1s; no state tax filings.
  • No Unrelated Business Taxable Income (“UBTI”).
  • No fund-level taxation.
  • Seeks to provide total return.

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

Fund Facts
Share Class A C I
CUSIP 46141Q790 46141Q782 46141Q774
Inception 8/31/15 8/31/15 8/31/15
Minimum Investment $2,500 $2,500 $2,500 - 1,000,000*
Net Expense Ratio 1.36% 2.11% 1.11%
Gross Expense Ratio 3.01% 3.76% 2.76%
Portfolio Managers Jim Cunnane and Quinn Kiley
Top 10 Holdings
Targa Resources Corp. 9.33%
Kinder Morgan, Inc. 8.47%
Tallgrass Energy GP LP 8.39%
ONEOK, Inc. 8.29%
Plains GP Holdings LP 7.56%
The Williams Companies, Inc. 7.44%
Andeavor Logistics LP 4.93%
EnLink Midstream, LLC 4.87%
DCP Midstream, LP 4.54%
TransCanada Corporation 4.53%
Total 68.37%

Fund risks and disclosures

Sales Charge Schedule