About SMAPX
Westwood Salient MLP & Energy Infrastructure Fund A Class Shares is a mutual fund focused on maximizing total return through both capital appreciation and income. Its core strategy involves allocating at least 80% of assets to securities of master limited partnerships (MLPs) and energy infrastructure companies. These holdings typically span the midstream energy sector, including activities like the gathering, processing, transporting, and storage of natural gas, oil, and refined products. The fund also invests in clean energy infrastructure, such as companies engaged in renewable energy generation, transmission, and related services.
As an actively managed fund, it primarily invests in equity securities—such as common and preferred units—of both MLPs and energy infrastructure companies, but may also hold investment grade debt issued by these companies. The portfolio is typically concentrated, with a significant share in its top holdings. The fund serves as a specialized vehicle for gaining targeted exposure to North American energy infrastructure, providing investors with a blend of income and growth potential tied to the evolving energy sector.
Fund Family Westwood
Category Energy Limited Partnership
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SMAPX
Share Class A Class Shares
Index Index is not available on Lipper Database
SMAPX had a total return of 27.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.43%.
