Salient MLP & Energy Infrastructure C (SMFPX)
5.90
-0.11 (-1.83%)
USD |
Jan 26
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 2.28% | 558.52M | 4.09% | 66.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -117.57M | -10.55% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to maximize total return (capital appreciation and income). The fund normally seeks to achieve its investment objective by investing at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of MLPs and Energy Infrastructure Companies. It invests in equity securities such as common units, preferred units, subordinated units, general partner interests, common shares and preferred shares in MLPs and Energy Infrastructure Companies. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | SMLPX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Prospectus Objective | Specialty - Utility |
| Fund Owner Firm Name | Salient Funds |
| Prospectus Benchmark Index | |
| Alerian Midstream Energy Select TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Frank (Ted) Gardner | 8.29 yrs |
| Gregory Reid | 8.29 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
73
-117.57M
-1.178B
Category Low
202.21M
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of December 31, 2020
Performance Versus Category
As of January 26, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of January 26, 2021.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Cheniere Energy Inc | 9.38% | 59.51 | -1.90% |
| Plains GP Holdings LP Class A | 5.88% | 8.89 | -4.41% |
| Enterprise Products Partners LP | 5.39% | 20.74 | -2.45% |
| Targa Resources Corp | 5.15% | 26.99 | -2.17% |
| Kinder Morgan Inc Class P | 3.94% | 14.84 | -2.50% |
| Enphase Energy Inc | 3.90% | 177.40 | -5.31% |
| Keyera Corp | 3.53% | 24.10 | -1.87% |
| Pembina Pipeline Corp | 3.50% | 33.75 | -2.29% |
| Energy Transfer LP | 3.41% | 6.44 | -2.72% |
| MPLX LP Partnership Units | 3.30% | 21.96 | -3.17% |
Basic Info
| Investment Strategy | |
| The investment seeks to maximize total return (capital appreciation and income). The fund normally seeks to achieve its investment objective by investing at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of MLPs and Energy Infrastructure Companies. It invests in equity securities such as common units, preferred units, subordinated units, general partner interests, common shares and preferred shares in MLPs and Energy Infrastructure Companies. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | SMLPX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Prospectus Objective | Specialty - Utility |
| Fund Owner Firm Name | Salient Funds |
| Prospectus Benchmark Index | |
| Alerian Midstream Energy Select TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Frank (Ted) Gardner | 8.29 yrs |
| Gregory Reid | 8.29 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (1-26-21) | 4.09% |
| 30-Day SEC Yield (1-25-21) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 17.99 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of November 30, 2020
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 1/8/2013 |
| Last Annual Report Date | 12/31/2019 |
| Last Prospectus Date | 5/1/2020 |
| Share Classes | |
| SMAPX | A |
| SMLPX | Inst |
| SMRPX | Retirement |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |