The fund seeks total return with substantial current income by investing in companies across any size in the United States.
The investment process is designed to highlight companies in the benchmark index that are engaged in energy infrastructure and master limited partnership investments.
The strategy seeks to construct a diversified portfolio of infrastructure companies specializing in transportation and storage of oil and gas, without K-1s.
Next, the research team focuses on companies which own and operate assets that are used in the energy sector, including assets used in exploring, developing, producing, generating, transporting, transmitting, terminal operation, storing, gathering, processing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined products, coal or electricity, or that provide energy related equipment or services.
Then the manager constructs a portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund may invest 20% of its net assets in sectors outside of energy infrastructure investments, including, securities of corporations that operate in the energy sector or that hold energy assets.
Also, the fund may, take a defensive position investing all or a substantial portion of its net assets in cash and/or cash equivalents when market signals warrant.
The fund may participate in an initial public offering.‘
The fund is non-diversified and may invest a larger percentage of its assets in fewer issuers than diversified mutual funds.
