Salient MLP & Energy Infrastructure Fund (SMLPX) belongs to the Infrastructure Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SMLPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMLPX
SMLPX charges 1.35% annually. There are 31 mutual funds in the Infrastructure Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | SMLPX vs FMGIX | |
| First Sentier American Listed Infrastructure Fund | 0.75% | — | Dec 2020 | SMLPX vs FLIAX | |
| Pax Global Sustainable Infrastructure Fund | 0.83% | — | Dec 2016 | SMLPX vs PAXDX | |
| Russell Investments Global Infrastructure Fund | 0.85% | — | Sep 2010 | SMLPX vs RGIYX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 0.86% | — | May 2004 | SMLPX vs CSUIX |
Best Risk-Adjusted Alternatives to SMLPX
SMLPX has a PortfoliosLab risk / return rank of 68. There are 12 mutual funds in the Infrastructure Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Recurrent MLP & Infrastructure Fund | 92 | — | Nov 2017 | SMLPX vs RMLPX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | 83 | — | Jul 2011 | SMLPX vs DPG | |
| abrdn Global Infrastructure Fund | 80 | — | Nov 2008 | SMLPX vs AIFRX | |
| ICON Natural Resources and Infrastructure Fund | 80 | — | May 1997 | SMLPX vs ICBMX | |
| JHancock Infrastructure Fund | 80 | — | Dec 2013 | SMLPX vs JEEIX |
Top Performing SMLPX Alternatives (YTD)
SMLPX is at 23.21% YTD. There are 6 mutual funds in the Infrastructure Equities category with higher YTD returns, going as high as 39.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Recurrent MLP & Infrastructure Fund | 39.48% | — | Nov 2017 | SMLPX vs RMLPX | |
| Catalyst Energy Infrastructure Fund | 33.21% | — | Dec 2014 | SMLPX vs MLXIX | |
| Goldman Sachs Energy Infrastructure Fund Class P | 26.95% | — | Apr 2018 | SMLPX vs GAMPX | |
| Goldman Sachs Energy Infrastructure Fund | 26.85% | — | Sep 2017 | SMLPX vs GLEIX | |
| Transamerica Energy Infrastructure | 25.97% | — | Apr 2013 | SMLPX vs TMLPX |
Lowest Volatility Alternatives to SMLPX
SMLPX has 14.11% 1-year volatility. There are 23 mutual funds in the Infrastructure Equities category with lower 1-year volatility, going as low as 7.12%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.12% | — | Dec 2016 | SMLPX vs PAXDX | |
| JHancock Infrastructure Fund | 9.99% | — | Dec 2013 | SMLPX vs JEEIX | |
| Centre Global Infrastructure Fund | 10.12% | — | Jan 2018 | SMLPX vs DHIVX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.13% | — | May 2004 | SMLPX vs CSUIX | |
| Cohen & Steers Global Infrastructure Fund Class A | 10.13% | — | Aug 2017 | SMLPX vs CSUAX |
Lowest Drawdown Alternatives to SMLPX
SMLPX has a 1-year max drawdown of -6.57%. There are 13 mutual funds in the Infrastructure Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | SMLPX vs PAXDX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | SMLPX vs GGINX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | -5.85% | — | Jul 2011 | SMLPX vs DPG | |
| Cohen & Steers Global Infrastructure Fund, Inc. | -5.96% | — | May 2004 | SMLPX vs CSUIX | |
| Nuveen Global Infrastructure Fund | -5.99% | — | Dec 2007 | SMLPX vs FGIYX |
Other Mutual Funds from Salient Funds
The 2 most viewed Salient Funds mutual funds shown here include BTPIX, KIFAX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Salient Tactical Plus Fund | Long-Short | 17 | 2.40% | — | Dec 2012 | SMLPX vs BTPIX | |
| Salient Select Income Fund | Preferred Stock | 26 | 4.19% | — | Mar 2001 | SMLPX vs KIFAX |
Often Compared With SMLPX
Investors most often compare SMLPX with JEPI, VDE, VGELX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare SMLPX with Any Fund or Stock
Compare SMLPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMLPX with funds that move differently
Salient MLP & Energy Infrastructure Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMLPX.
Explore SMLPX Diversifiers