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MLPNX Oppenheimer SteelPath MLP Alpha Plus Y

2 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund MLPNX Oppenheimer SteelPath MLP Alpha Plus Y ATMP Barclays ETN+ Select MLP YMLI VanEck Vectors High Inc Infras MLP ETF  
Similarity
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100% 87% 88%
Annual Fees
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$176.52
(1.67% Exp. Ratio)
$100.41
(0.95% Exp. Ratio)
$160.66
(1.52% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.70% annual return
$31,825.96 $39,612.72 $33,315.13
Est. savings over 30 yrs +$7,786.77 +$1,489.17
Return
As of 12/31/16
1 YR RETURN 28.49%
3 YR -4.82%
5 YR 3.28%
10 YR --
1 YR RETURN 34.49%
3 YR -0.29%
5 YR --
10 YR --
1 YR RETURN 36.75%
3 YR -2.32%
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"). While the fund principally invests in Midstream MLPs, it may invest in MLPs that primarily derive their revenue from other energy infrastructure assets and energy related assets or activities. The fund may invest in MLPs of all market capitalization ranges. 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.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Solactive High Income Infrastructure MLP Index. The fund will normally invest at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a rules-based index designed to provide investors a means of tracking the performance of selected infrastructure master limited partnerships ("MLPs"); with an emphasis on current yield. The fund is non-diversified.

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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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