Oppenheimer Steelpath Mlp Fund Quote
| MLPTX Fund | USD 9.92 0.05 0.51% |
Performance21 of 100
| Odds Of DistressLess than 15
|
Oppenheimer Steelpath is trading at 9.92 as of the 25th of November 2024; that is 0.51 percent up since the beginning of the trading day. The fund's open price was 9.87. Oppenheimer Steelpath has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Oppenheimer Steelpath Mlp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of May 2024 and ending today, the 25th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources, and in derivatives and other instruments that have economic characteristics similar to such securities.. More on Oppenheimer Steelpath Mlp
Moving together with Oppenheimer Mutual Fund
Moving against Oppenheimer Mutual Fund
Oppenheimer Mutual Fund Highlights
| Fund Concentration | OppenheimerFunds Funds, Large Funds, Energy Limited Partnership Funds, Energy Limited Partnership, OppenheimerFunds, Large, Energy Limited Partnership (View all Sectors) |
| Update Date | 30th of September 2024 |
Oppenheimer Steelpath Mlp [MLPTX] is traded in USA and was established 25th of November 2024. Oppenheimer Steelpath is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Energy Limited Partnership category and is part of OppenheimerFunds family. This fund now has accumulated 3.52 B in assets with no minimum investment requirementsOppenheimer Steelpath Mlp is currently producing year-to-date (YTD) return of 31.77% with the current yeild of 0.06%, while the total return for the last 3 years was 24.6%.
Check Oppenheimer Steelpath Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Steelpath Mlp Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Steelpath Mlp Mutual Fund Constituents
| MPLX | MPLX LP | Stock | Energy | |
| WMB | Williams Companies | Stock | Energy | |
| WLKP | Westlake Chemical Partners | Stock | Materials | |
| WES | Western Midstream Partners | Stock | Energy | |
| USAC | USA Compression Partners | Stock | Energy | |
| TRGP | Targa Resources | Stock | Energy | |
| SUN | Sunoco LP | Stock | Energy | |
| PAA | Plains All American | Stock | Energy |
Oppenheimer Steelpath Mlp Risk Profiles
| Mean Deviation | 0.5998 | |||
| Semi Deviation | 0.3275 | |||
| Standard Deviation | 0.7844 | |||
| Variance | 0.6153 |
Oppenheimer Steelpath Against Markets
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Steelpath financial ratios help investors to determine whether Oppenheimer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oppenheimer with respect to the benefits of owning Oppenheimer Steelpath security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |