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MLPDX Oppenheimer SteelPath MLP Income A

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Fund MLPDX Oppenheimer SteelPath MLP Income A ATMP Barclays ETN+ Select MLP  
Similarity
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100% 88%
Annual Fees
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$145.82
(1.38% Exp. Ratio)
$100.39
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.67% annual return
$34,468.88 $39,274.59
Est. savings over 30 yrs +$4,805.71
Return
As of 10/31/16
1 YR RETURN -2.86%
3 YR -4.19%
5 YR 1.54%
10 YR --
1 YR RETURN 6.09%
3 YR -1.31%
5 YR --
10 YR --
Description
The investment seeks total return. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of master limited partnerships ("MLPs"). It normally invests substantially all of its net assets in the equity securities of MLPs. The fund principally invests in larger, more liquid energy MLPs that derive the majority of their revenue from energy infrastructure assets and energy related assets or activities. While the fund principally invests in larger, more liquid MLPs, it may invest in MLPs of all market capitalization ranges. The fund is non-diversified.
The investment seeks to replicate, net of expenses, the Atlantic Trust Select MLP Index. The index seeks to capture returns that may be available from investing in a basket of direct or indirect interests in master limited partnerships (“MLPs”), limited liability companies (“LLCs”) and corporations (collectively, “MLP Interests”) that are selected pursuant to the Atlantic Trust Select MLP Strategy.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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