Recurrent MLP & Infrastructure Fund Class I (RMLPX)

Fund Assets	1.60B
Expense Ratio	1.158%
Min. Investment	$2,500
Turnover	12.00%
Dividend (ttm)	1.30
Dividend Yield	3.84%
Dividend Growth	n/a
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	34.14
YTD Return	41.66%
1-Year Return	46.15%
5-Year Return	203.00%
52-Week Low	24.09
52-Week High	35.18
Beta (5Y)	0.59
Holdings	32
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.

• Fund Family: Recurrent Investment Advisors, LLC
• Category: Energy Limited Partnership
• Performance Rating: High
• 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 46.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.88%.

Top 10 Holdings

55.22% of assets

Name	Symbol	Weight
Targa Resources Corp.	TRGP	7.18%
Energy Transfer LP	ET	6.78%
Kinder Morgan, Inc.	KMI	6.16%
ONEOK, Inc.	OKE	5.96%
Cenovus Energy Inc.	CVE	5.28%
Sunoco LP	SUN	5.13%
Murphy USA Inc.	MUSA	4.93%
Keyera Corp.	KEY	4.84%
Phillips 66	PSX	4.53%
Enterprise Products Partners L.P.	EPD	4.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.325	Sep 30, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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