Recurrent MLP & Infrastructure Fund (RMLPX)
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in energy infrastructure and master limited partnership ("MLP") investments. It may invest 20% of its net assets in sectors outside of energy infrastructure investments, including, without limitation, securities of corporations that operate in the energy sector or that hold energy assets.
Fund Info
US90214Q3039
90214Q303
Nov 1, 2017
$2,500
Expense Ratio
RMLPX has a high expense ratio of 1.25%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Recurrent MLP & Infrastructure Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Recurrent MLP & Infrastructure Fund had a return of 6.06% year-to-date (YTD) and 30.33% in the last 12 months.
RMLPX
6.06%
-1.84%
9.27%
30.33%
18.15%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RMLPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.44% | 6.06% | |||||||||||
| 2024 | 1.10% | 4.59% | 8.75% | -0.40% | 2.92% | 1.80% | 3.08% | 1.99% | -1.72% | 1.76% | 11.40% | -9.48% | 27.24% |
| 2023 | 5.23% | -3.47% | -0.59% | 0.16% | -4.82% | 6.80% | 6.86% | 1.59% | 1.64% | -2.28% | 5.49% | -0.14% | 16.79% |
| 2022 | 11.00% | 5.11% | 7.06% | 1.50% | 10.65% | -14.07% | 9.23% | 1.99% | -9.81% | 14.55% | 2.50% | -5.06% | 35.03% |
| 2021 | 4.71% | 10.03% | 3.81% | 5.56% | 7.00% | 3.83% | -6.18% | -1.20% | 6.20% | 7.17% | -7.01% | 3.59% | 42.56% |
| 2020 | -6.25% | -12.25% | -44.09% | 35.27% | 6.79% | -2.99% | -0.93% | 1.41% | -12.89% | -1.98% | 25.00% | 3.64% | -28.37% |
| 2019 | 15.47% | 0.11% | 4.59% | -1.40% | -5.78% | 5.52% | -0.48% | -5.46% | 2.15% | -2.98% | -2.56% | 7.11% | 15.33% |
| 2018 | 2.49% | -8.26% | -4.68% | 8.49% | 4.66% | -2.13% | 3.92% | 0.20% | -0.49% | -8.49% | -0.94% | -7.23% | -13.22% |
| 2017 | -2.20% | 4.91% | 2.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, RMLPX is among the top 14% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Recurrent MLP & Infrastructure Fund (RMLPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Recurrent MLP & Infrastructure Fund provided a 5.08% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.52 | $1.30 | $1.30 |
Dividend yield | 5.08% | 5.39% | 6.49% | 7.08% | 8.89% | 13.48% | 7.25% | 7.80% |
Monthly Dividends
The table displays the monthly dividend distributions for Recurrent MLP & Infrastructure Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $1.30 |
| 2023 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $1.30 |
| 2022 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $1.30 |
| 2021 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $1.30 |
| 2020 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.22 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $1.52 |
| 2019 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $1.30 |
| 2018 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $1.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Recurrent MLP & Infrastructure Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Recurrent MLP & Infrastructure Fund was 66.77%, occurring on Mar 18, 2020. Recovery took 398 trading sessions.
The current Recurrent MLP & Infrastructure Fund drawdown is 4.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.77% | Aug 23, 2018 | 394 | Mar 18, 2020 | 398 | Oct 14, 2021 | 792 |
| -22.83% | Jun 8, 2022 | 19 | Jul 6, 2022 | 275 | Aug 9, 2023 | 294 |
| -17.43% | Jan 24, 2018 | 45 | Mar 28, 2018 | 90 | Aug 6, 2018 | 135 |
| -12.74% | Nov 25, 2024 | 17 | Dec 18, 2024 | — | — | — |
| -12.33% | Oct 21, 2021 | 42 | Dec 20, 2021 | 15 | Jan 11, 2022 | 57 |
Volatility
Volatility Chart
The current Recurrent MLP & Infrastructure Fund volatility is 6.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.