Oppenheimer Steelpath Mlp Fund Quote

OSPMX Fund  USD 6.33  0.01  0.16%   

Performance

1 of 100

 
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Odds Of Distress

Less than 22

 
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Oppenheimer Steelpath is trading at 6.33 as of the 11th of October 2024; that is 0.16 percent up since the beginning of the trading day. The fund's open price was 6.32. Oppenheimer Steelpath has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading 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 11th of September 2024 and ending today, the 11th of October 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

  0.62OSCNX Oppenheimer Main StreetPairCorr
  0.72OSCYX Oppenheimer Main StreetPairCorr

Oppenheimer Mutual Fund Highlights

Fund ConcentrationOppenheimerFunds Funds, Large Funds, Energy Limited Partnership Funds, Energy Limited Partnership, OppenheimerFunds, Large, Energy Limited Partnership (View all Sectors)
Update Date30th of September 2024
Oppenheimer Steelpath Mlp [OSPMX] is traded in USA and was established 11th of October 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 3.47 B in assets with no minimum investment requirementsOppenheimer Steelpath Mlp is currently producing year-to-date (YTD) return of 20.26% with the current yeild of 0.07%, while the total return for the last 3 years was 21.15%.
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

WESWestern Midstream PartnersStockEnergy
USACUSA Compression PartnersStockEnergy
SUNSunoco LPStockEnergy
SPHSuburban Propane PartnersStockUtilities
NSNuStar Energy LPStockEnergy
NGLNGL Energy PartnersStockEnergy
MPLXMPLX LPStockEnergy
MMPMagellan Midstream PartnersStockEnergy
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Oppenheimer Steelpath Mlp Risk Profiles

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.
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