Center Coast MLP Focus Instl
(CCCNX)
11.03
-0.04
-0.36%
-0.04
-0.36%
MORE ON CCCNX
DETAILS
| Symbol | Value ($) |
|---|---|
| Morningstar Rating | NA |
| Previous Close | 11.07 |
| Category | Equity Energy |
| Net Assets | 508.11 Mil |
| Yield | 6.10% |
| Morningstar Risk | NA |
| Morningstar Return | NA |
- Last NAV update 6/19/2013 9:46 PM ET
INVESTMENT OBJECTIVE
| NA |
|---|
| The investment seeks maximum total return with an emphasis on providing cash distributions to shareholders. The fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in common units of MLPs and equity securities of "MLP affiliates" which the fund's sub-advisor defines as entities issuing MLP I-shares, general partners of MLPs and other entities that may own interests of MLPs. It will concentrate (i.e., invest more than 25% of its net assets) in securities of companies in the energy industry, and it intends to make the majority of its investments in "midstream" MLPs. The fund is non-diversified. |
CUMULATIVE PERFORMANCE OF $10,000
| 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|
| Return | NA | NA | 10.80% | 0.76% | 14.20% |
| Value ($) | NA | NA | NA | NA | NA |
- Year to date performance as of 6/19/2013 12:00 AM ET
MANAGEMENT & PURCHASE INFO
| Symbol | Value ($) |
|---|---|
| Fund Family | Center Coast Capital Advisers LP |
| Fund Manager | Dan Tutcher |
| Tenure (Years) | 2 |
| Fund Status | Open |
| Minimum Initial Purchase | 1.00 Mil |
| Minimum IRA Investment | NA |
| Front Load | 0.00 |
| Expense Ratio | 1.25% |
PERFORMANCE
| Symbol | Value ($) |
|---|---|
| 1 Month | -1.11% |
| 3 Months | 4.07% |
| 1 Year | 18.49% |
| 3 Years* | NA |
| 5 Years* | NA |
- * Annualized returns
- Performance as of 6/19/2013 12:00 AM ET
PEER COMPARISON
| CCCNX | Equity Energy | |
|---|---|---|
| 5-Yr Return | NA | -6.39% |
| Sharpe Ratio | 1.71 | 2.03 |
| Net Assets | 508.11 Mil | 253.04 Mil |
| Avg Market Cap | 6.84 Bil | 15.50 Bil |
| Avg P/E | 21.71 | 14.38 |
| Portfolio Turnover | 12 | 52 |
HOLDINGS
| Symbol | Value ($) |
|---|---|
| Stocks | 102.81% |
| Cash | 2.62% |
| Fixed Income | 0.00% |
| Other | 0.00% |
TOP 10 HOLDINGS
| NAME | % NET ASSETS |
|---|---|
| Buckeye Partners, L.P. | 7.99% |
| Enterprise Products Partners LP | 7.87% |
| Targa Resources Partners LP | 7.85% |
| Kinder Morgan Management LLC | 7.83% |
| El Paso Pipeline Partners LP | 7.82% |
| Plains All American Pipeline LP | 7.81% |
| TC Pipelines LP | 7.40% |
| Enbridge Energy Partners LP | 5.24% |
| ONEOK Partners, L.P. | 5.24% |
| NuStar Energy, L.P. | 5.19% |
DATA PROVIDERS
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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
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