Recurrent MLP & Infrastructure Fund Class I (RMLPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
31.52
+0.32 (1.03%)
At close: Apr 2, 2026
Fund Assets1.41B
Expense Ratio1.13%
Min. Investment$2,500
Turnover12.00%
Dividend (ttm)1.57
Dividend Yield5.05%
Dividend Growth-14.37%
Payout FrequencyQuarterly
Ex-Dividend DateMar 30, 2026
Previous Close31.20
YTD Return29.06%
1-Year Return32.84%
5-Year Return236.57%
52-Week Low21.26
52-Week High32.81
Beta (5Y)0.60
Holdings26
Inception DateNov 1, 2017

About RMLPX

Recurrent MLP & Infrastructure Fund Class I is a mutual fund designed to achieve total return with a focus on substantial current income by investing primarily in master limited partnerships (MLPs) and other energy infrastructure assets. The fund targets pipeline companies and related midstream energy businesses, aiming to provide investors with the benefits of dividend income and capital appreciation derived from critical energy infrastructure. With a portfolio heavily concentrated in leading energy companies—its top 10 holdings account for over half of the fund's assets—it emphasizes exposure to sectors such as natural gas, oil pipelines, and related infrastructure. Notably, the fund distributes quarterly dividends, often composed of both qualified and ordinary dividends as well as return of capital, structured for tax efficiency. Managed by experienced professionals with extensive backgrounds in energy and infrastructure investing, Recurrent MLP & Infrastructure Fund Class I plays an important role for institutional investors seeking diversification and consistent income within the broader energy and infrastructure markets.

Fund Family Rrecurrent Advisors
Category Energy Limited Partnership
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RMLPX
Share Class Class I
Index Alerian MLP TR

Performance

RMLPX had a total return of 32.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.56%.

Top 10 Holdings

55.58% of assets
NameSymbolWeight
Cenovus Energy Inc.CVE8.08%
Energy Transfer LPET6.80%
Targa Resources Corp.TRGP6.54%
ONEOK, Inc.OKE6.23%
Suncor Energy Inc.SU5.28%
Pembina Pipeline CorporationPPL5.04%
Phillips 66PSX4.76%
Cheniere Energy, Inc.LNG4.44%
Keyera Corp.KEY4.21%
Enterprise Products Partners L.P.EPD4.20%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Mar 30, 2026$0.325Mar 31, 2026
Dec 22, 2025$0.5998Dec 23, 2025
Sep 29, 2025$0.325Sep 30, 2025
Jun 27, 2025$0.325Jun 30, 2025
Mar 28, 2025$0.325Mar 31, 2025
Dec 16, 2024$0.864Dec 17, 2024
Full Dividend History