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MLPGX Oppenheimer SteelPath MLP Alpha C

2 lower fee alternatives found

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Fund MLPGX Oppenheimer SteelPath MLP Alpha C MLPX Global X MLP & Energy Infrastructure ETF ATMP Barclays ETN+ Select MLP  
100% 88% 90%
Annual Fees
(2.27% Exp. Ratio)
(0.45% Exp. Ratio)
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.62% annual return
$25,874.77 $45,006.73 $38,696.70
Est. savings over 30 yrs +$19,131.96 +$12,821.93
As of 9/30/16
1 YR RETURN 5.47%
3 YR -2.48%
5 YR 4.15%
10 YR --
1 YR RETURN 17.60%
3 YR 3.84%
5 YR --
10 YR --
1 YR RETURN 23.13%
3 YR 1.09%
5 YR --
10 YR --
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 principally invests in a concentrated portfolio of approximately 25 to 35 MLPs that primarily derive their revenue from businesses involved in the gathering, transporting, processing, treating, terminalling, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined products or coal ("Midstream MLPs"). The fund is non-diversified.
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before they can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It 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.


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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