RMLPX Performance — Recurrent MLP & Infrastructure Fund, Class I
Data updated: 2026-09-28
RMLPX returned +39.49% year to date and +44.46% over one year to Jul 2026. Annualised returns are +28.08% over 3 years and +27.56% over 5 years. The fund beat its Energy Equity category average: $100 invested three years ago grew to $210, against $179 for the category, and to $144 over one year, against $134. Volatility over the past three years was 15.45% a year. In the 12 months to Jul 2026 the fund took in a net $51.8M, and assets reached $1.65B.
RMLPX Growth of $100
What $100 invested in Recurrent MLP & 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 | RMLPX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $144 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $210 | $179 |
| 5 years (Aug 2021 – Jul 2026) | $338 | $288 |
| Since data start (Feb 2020 – Jul 2026) | $339 | $327 |
RMLPX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +39.49% |
| 1 year | +44.46% |
| 3 years (annualised) | +28.08% |
| 5 years (annualised) | +27.56% |
RMLPX Annual Returns
Calendar-year total returns of Recurrent MLP & Infrastructure Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +39.49% |
| 2025 | +8.99% |
| 2024 | +30.04% |
| 2023 | +16.71% |
| 2022 | +35.10% |
| 2021 | +42.64% |
| 2020 (Feb–Dec) | −23.71% |
RMLPX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.7% | +9.1% | +9.0% | +3.6% | −4.5% | −0.4% | +8.5% | — | — | — | — | — |
| 2025 | +3.4% | +1.0% | +0.7% | −7.1% | +2.5% | +4.1% | +1.0% | +2.1% | +1.8% | −3.9% | +5.7% | −2.0% |
| 2024 | +1.1% | +4.6% | +8.7% | −0.4% | +2.9% | +1.8% | +3.1% | +2.0% | −1.7% | +1.8% | +11.4% | −7.4% |
| 2023 | +5.2% | −3.5% | −0.6% | +0.2% | −4.8% | +6.8% | +6.9% | +1.6% | +1.6% | −2.3% | +5.5% | −0.1% |
| 2022 | +11.0% | +5.1% | +7.0% | +1.5% | +10.7% | −14.0% | +9.2% | +2.0% | −9.8% | +14.5% | +2.5% | −5.0% |
| 2021 | +4.7% | +10.0% | +3.8% | +5.6% | +7.0% | +3.8% | −6.2% | −1.2% | +6.2% | +7.2% | −7.0% | +3.6% |
| 2020 | — | −12.2% | −44.1% | +35.0% | +6.8% | −3.0% | −0.9% | +1.4% | −12.9% | −2.0% | +25.0% | +3.7% |
RMLPX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.45%
- 3-year Sharpe ratio: 1.53 (vs 4.5% risk-free rate)
- Best month: +11.40% (Nov 2024)
- Worst month: −7.44% (Dec 2024)
RMLPX Fund Flows
Monthly money in and out of Recurrent MLP & Infrastructure Fund, from SEC Form N-PORT.
- 12-month net flow: $51.8M
- 12-month gross sales (incl. reinvestments): $346.9M
- Sales ÷ redemptions: 1.18×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $32.2M | $16.3M | $15.8M |
| Jun 2026 | $38.0M | $16.5M | $21.5M |
| May 2026 | $26.8M | $15.7M | $11.1M |
| Apr 2026 | $30.6M | $32.5M | −$1.9M |
| Mar 2026 | $38.0M | $46.4M | −$8.4M |
| Feb 2026 | $31.9M | $22.5M | $9.4M |
| Jan 2026 | $20.0M | $19.4M | $553K |
| Dec 2025 | $43.3M | $15.9M | $27.4M |
| Nov 2025 | $14.4M | $67.9M | −$53.5M |
| Oct 2025 | $27.2M | $17.1M | $10.1M |
| Sep 2025 | $30.3M | $13.3M | $17.0M |
| Aug 2025 | $14.2M | $11.4M | $2.8M |
RMLPX Assets Under Management
Net assets of Recurrent MLP & Infrastructure Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.65B |
| 2026-04-30 | $1.57B |
| 2026-01-31 | $1.28B |
| 2025-10-31 | $1.18B |
| 2025-07-31 | $1.17B |
| 2025-04-30 | $1.06B |
| 2025-01-31 | $1.11B |
| 2024-10-31 | $1.01B |
| 2024-07-31 | $967.81M |
| 2024-04-30 | $841.05M |
| 2024-01-31 | $698.07M |
| 2023-10-31 | $630.53M |
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.