C000164675 Performance — Salient MLP & Energy Infrastructure Fund, Class R6
Data updated: 2022-11-17
C000164675 returned +5.95% over one year to Sep 2022. The annualised 3-year return is +4.19%. The fund trailed its Energy Equity category average: $100 invested three years ago grew to $113, against $145 for the category, and to $106 over one year, against $126. Volatility over the past three years was 33.69% a year. In the 12 months to Sep 2022 the fund took in a net $120.8M, and assets reached $959.38M.
C000164675 Growth of $100
What $100 invested in Salient MLP & Energy Infrastructure Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Energy Equity category average over the same months.
| Period | C000164675 | Category average |
|---|---|---|
| 1 year (Oct 2021 – Sep 2022) | $106 | $126 |
| 3 years (Oct 2019 – Sep 2022) | $113 | $145 |
| Since data start (Jul 2019 – Sep 2022) | $109 | $136 |
C000164675 Trailing Returns
Total returns to Sep 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.95% |
| 3 years (annualised) | +4.19% |
C000164675 Annual Returns
Calendar-year total returns of Salient MLP & Energy Infrastructure Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Sep) | +6.99% |
| 2021 | +24.42% |
| 2020 | −17.27% |
| 2019 (Jul–Dec) | −1.20% |
C000164675 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | +3.7% | +6.3% | +8.3% | −2.3% | +5.2% | −13.7% | +11.6% | +1.2% | −10.5% | — | — | — |
| 2021 | +4.9% | +4.0% | +3.4% | +3.8% | +4.7% | +4.7% | −5.2% | −1.5% | +4.9% | +6.5% | −6.6% | −0.5% |
| 2020 | −4.1% | −9.0% | −33.9% | +24.4% | +6.9% | −2.9% | −1.6% | +2.1% | −11.3% | −0.4% | +19.3% | +4.8% |
| 2019 | — | — | — | — | — | — | −2.5% | −3.2% | +1.9% | −3.9% | −0.7% | +7.6% |
C000164675 Risk
Risk measures from monthly returns over Oct 2019 – Sep 2022.
- 3-year volatility (annualised): 33.69%
- 3-year Sharpe ratio: -0.01 (vs 4.5% risk-free rate)
- Best month: +24.38% (Apr 2020)
- Worst month: −33.88% (Mar 2020)
C000164675 Fund Flows
Monthly money in and out of Salient MLP & Energy Infrastructure Fund, from SEC Form N-PORT.
- 12-month net flow: $120.8M
- 12-month gross sales (incl. reinvestments): $413.5M
- Sales ÷ redemptions: 1.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2022 | $43.3M | $93.9M | −$50.6M |
| Aug 2022 | $28.1M | $17.8M | $10.3M |
| Jul 2022 | $22.5M | $7.9M | $14.6M |
| Jun 2022 | $25.3M | $20.3M | $5.0M |
| May 2022 | $35.4M | $17.0M | $18.3M |
| Apr 2022 | $44.0M | $11.0M | $32.9M |
| Mar 2022 | $72.4M | $15.4M | $57.0M |
| Feb 2022 | $20.8M | $17.4M | $3.3M |
| Jan 2022 | $25.2M | $20.4M | $4.8M |
| Dec 2021 | $23.6M | $47.5M | −$24.0M |
| Nov 2021 | $27.1M | $15.3M | $11.8M |
| Oct 2021 | $46.0M | $8.8M | $37.2M |
C000164675 Assets Under Management
Net assets of Salient MLP & Energy Infrastructure Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-09-30 | $959.38M |
| 2022-06-30 | $839.17M |
| 2022-03-31 | $901.54M |
| 2021-12-31 | $706.30M |
| 2021-09-30 | $701.63M |
| 2021-06-30 | $720.08M |
| 2021-03-31 | $609.22M |
| 2020-12-31 | $512.30M |
| 2020-09-30 | $423.16M |
| 2020-06-30 | $512.13M |
| 2020-03-31 | $436.89M |
| 2019-12-31 | $787.54M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.