• Eagle MLP Strategy Fund

Eagle MLP
US, MLPs

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Eagle MLP Strategy Fund

EGLIX

Summary

The fund seeks total return by investing in companies across any size in the United States.

The investment process is designed to highlight companies in the benchmark index that are engaged in master limited partnerships and MLP-related securities.

The investment team defines MLP-related securities as general partners of MLPs, MLP institutional securities, exchange-traded notes, structured notes or options, or other publicly traded partnerships or limited liability companies.

The fund is managed by two co-advisers, Eagle Global Advisors, LLC and Princeton Fund Advisors, LLC. As co-advisers, Eagle Global Advisors is responsible for security selection and trade execution and Princeton Fund Advisors is responsible for regulatory oversight of the fund and oversight of the investment portfolio.

Next, the research team emphasizes MLPs and MLP-related securities that focus on midstream energy infrastructure and the transportation, storage and gathering & processing of oil, natural gas, natural gas liquids and other hydrocarbons.

The team may also consider MLPs and MLP-related securities that are engaged in one or more aspects of the exploration, production, marketing, or delivery of energy-related commodities such as natural gas, natural gas liquids, coal, crude oil or refined petroleum products.

Then the manager constructs a portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund invests in notes of any maturity that are rated BBB- or higher.

The fund is non-diversified, which means that it may invest in fewer securities at any one time than a diversified fund.

Strategy Process Research Risk Philosophy

Price

Last Close

$5.33 ( +0.12 )

52 Week HL

$5.85 - $3.08

Net Assets

$640 M

Expense Ratio

1.27 %

Sector Allocation

Mar 31, 2021

Top 10 Holdings

Mar 31, 2021

Company Name

  • Plains GP
  • Targa Resources
  • MPLX, LP
  • Enbridge Inc
  • Williams Companies,

Holding

  • 10.33
  • 10.18
  • 8.12
  • 7.66%
  • 7.62

Company Name

  • Western Midstream
  • Oneok, Inc.
  • Cheniere Energy
  • Keyera Corp
  • Kinder Morgan,
  • Total

Holding

  • 6.39%
  • 5.22%
  • 4.95%
  • 4.71%
  • 4.68%
  • 69.86%

Manager

Name

Edward R. Allen III

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Fact Sheet

Annual Reports

Website

Link

Performance

YTD

34.2 %

3 Year

-4.5%

5 Year

-21.52%

Best

39.25%
2016

Worst

-43.2%
2015

Returns +
Quarterly

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 18.1% -51.5% 20.5% -13.2% -0.4% -4.6% 0.6% 2.5% 18.8% - -
Q2 18.5% 29.9% -4.7% 13.9% -9.5% 24.9% -4.5% 18.2% 0.7% -100% -
Q3 -4.1% -9.9% -8.5% 4.1% 0.4% 11.2% -28.4% 0.3% 1.6% 0.5% -
Q4 - 21% -2.9% -21.2% 0.2% 5.1% -17.5% -14.2% 8% -2.3% -

Returns +
Monthly

J F M A M J J A S O N D
2021 3.3% 7.3% 6.6% 4% 7.2% 6.3% -6.1% -1% 3.1% - - -
2020 -6.7% -10.2% -42.1% 26% 7.3% -4% -2.2% 2% -9.6% -0.3% 18% 2.8%

Returns +
Annual

    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    0%16%29%-6%19%8%-1%14%29%13%0%

Alpha

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
EGLIX 34%-31%4%-19%-9%39%-43%4%33%--
S&P 500 -16%29%-6%19%8%-1%14%29%13%-
Alpha 34%-47%-25%-13%-28%31%-43%-9%4%--

EGLIX S&P 500

Chart +