Recurrent MLP & Infrastructure Fund Class I (RMLPX)
| Fund Assets | 1.51B |
| Expense Ratio | 1.13% |
| Min. Investment | $2,500 |
| Turnover | 12.00% |
| Dividend (ttm) | 1.57 |
| Dividend Yield | 4.92% |
| Dividend Growth | -14.37% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 31.99 |
| YTD Return | 32.34% |
| 1-Year Return | 37.16% |
| 5-Year Return | 203.17% |
| 52-Week Low | 24.06 |
| 52-Week High | 34.10 |
| Beta (5Y) | 0.54 |
| Holdings | 29 |
| Inception Date | Nov 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.
Performance
RMLPX had a total return of 37.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.44%.
Top 10 Holdings
58.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Cenovus Energy Inc. | CVE | 8.33% |
| Targa Resources Corp. | TRGP | 7.27% |
| Energy Transfer LP | ET | 7.07% |
| ONEOK, Inc. | OKE | 6.39% |
| Murphy USA Inc. | MUSA | 5.02% |
| Kinder Morgan, Inc. | KMI | 5.01% |
| Sunoco LP | SUN | 4.90% |
| Cheniere Energy, Inc. | LNG | 4.83% |
| Enterprise Products Partners L.P. | EPD | 4.75% |
| Suncor Energy Inc. | SU | 4.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.325 | Jun 30, 2026 |
| Mar 30, 2026 | $0.325 | Mar 31, 2026 |
| Dec 22, 2025 | $0.5998 | Dec 23, 2025 |
| Sep 29, 2025 | $0.325 | Sep 30, 2025 |
| Jun 27, 2025 | $0.325 | Jun 30, 2025 |
| Mar 28, 2025 | $0.325 | Mar 31, 2025 |