MLP & Energy Infrastructure Fund

MLP & Energy Infrastructure Fund

Objective

The Fund seeks to maximize total return (capital appreciation and income).

Fund Overview

  • The Fund offers access to an expansive universe of Master Limited Partnerships (MLPs) and MLP-related companies, providing the potential to capture a broad range of energy infrastructure opportunities.
  • Salient’s portfolio management team is located minutes from 51% of the midstream companies within the MLP universe based on market capitalization.
  • The Fund employs a regulated investment company (RIC) structure which is eligible for the pass-through tax treatment.
Share Class*
Institutional
Ticker Symbol
SMLPX
CUSIP
90386K720
Inception Date
September 19, 2012
Net / Gross Expense Ratio
1.15% / 1.15%
Distribution Frequency
Quarterly
Total Holdings (as of 3/31/24)
28
SEC 30-Day Yield**
(as of 3/31/24)
4.30% / 4.30%
Benchmark
Alerian Midstream Energy Select Index
Benchmark 2
Alerian MLP Index
Account Access and Related Materials

*For additional information for other share classes, click Account Access and Related Materials.

**The subsidized SEC yield is calculated with a standardized formula mandated by the SEC. The formula is based on maximum offering price per share and includes the effect of any fee waivers. Without waivers, yields would be reduced.

Daily NAV
$8.87
Daily Change
0.07
Daily % Change
0.795%

Growth of a $10,000 Investment

Value as of xx/xx/xx
 

Assumes an initial investment of $10,000 was made on the fund's inception date of 09/19/2012. The growth of a $10,000 investment in the fund is hypothetical and for illustration only. It does not represent any actual investment.

Annualized Fund Performance
as of 03/31/2024

Trailing Year Performance YTD* 1-Yr
Trailing
3-Yrs
Trailing
5-Yrs
Trailing
10-Yrs
Trailing
Since
Inception
MLP and Energy Infrastructure Fund Net of Fees 11.57% 27.04% 17.95% 8.28% 1.26% 4.10%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call +1 (877) FUND-WHG. *YTD figure is calculated as of the most recent month end.


MLP and Energy Infrastructure Fund
Sector Allocation (%)

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MLP and Energy Infrastructure Fund Portfolio Managers