Salient MLP & Energy Infrastructure II A (SMAPX)
* As of 31-Aug-14
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Morningstar Overall Rating:||N/A|
|Category:||Energy Limited Partnership|
|Annual Report Expense Ratio (net):||1.60%|
Performance & Risk
|5y Avg Return:||N/A|
|Rank in Category (ytd):||2|
|% Rank in Category (ytd):||2.35%|
|Morningstar Risk Rating:|
The investment seeks to provide a high level of total return with an emphasis on making quarterly cash distributions to its shareholders.
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. View More