Best Performing MLP Closed End Funds in 2014

Find best performing MLP closed end funds in 2014. This energy sector CEF fund invests in master limited partnership (MLP) companies. Top funds are Salient Midstream & MLP Fund, Fid/Claymore MLP Opportunity.

Top Equity Energy Funds

One of the popular equity energy stock closed end funds is MLP CEF fund. MLP or master limited partnership fund invests in energy production or energy infrastructure companies. MLPs are tax-advantaged investments offering attractive cash flow potential. They are subjected to the risk of changing tax policies. Investing in MLP does involve risks related to concentrated ownership in the energy sector.

Whether you should invest in MLP fund, you need to do research. Find the top MLP fund below. These investment funds are managed actively by the fund manager(s). These best performing funds are sorted based on its performance for the past 1 year (up to January 26, 2014).

Best performing MLP closed end funds in 2014 are:

1. Salient Midstream & MLP Fund
2. Kayne Anderson MLP Fund
3. Fid/Claymore MLP Opportunity
4. Kayne Anderson MidstreamEnergy
5. Salient MLP & Energy Infra
6. ClearBridge Energy MLP TR Fund
7. Kayne Anderson Energy Dev Co
8. Cushing MLP Total Return Fund
9. ClearBridge Energy MLP Opps
10. Tortoise Energy Capital

Updated on 1/25/20014

Salient Midstream & MLP Fund (SMM)

Managed by Frank T. Gardner, III and Gregory A. Reid, Salient Midstream & MLP Fund utilizes its assets to purchase Midstream Companies and MLPs. The total net assets are $329 million. The current shares price is $24.02. This closed end fund has a total leverage ratio of 26.57%.

This best performing MLP closed end fund has a 1 year annualized return of 23.30%. The fund’s yield is 5.73%. The top 3 stocks are Enterprise Products Partners LP, Plains All American Pipeline LP, and Enbridge Energy Management LLC.

Kayne Anderson MLP Fund (KYN)

Kayne Anderson MLP Fund objective is to high total return through investment in energy related MLPs and other industrial transport companies. It has a high dividend yield of 6.25%. This top performing MLP closed end fund is popular among investors with $5.2 billion of assets. The expense ratio fee is 0.0%. The 52 week price range is between $32.02 and $40.22.

More: Alerian MLP ETF (AMLP)

Morningstar has ranked this CEF fund with 5 stars and bronze rating. This MLP fund has returned 14.42% over the past 3 year and 27.99% over the past 5 year. The top 4 stocks are Enterprise Products Partners LP, MarkWest Energy Partners LP, Plains All American Pipeline LP, and Williams Partners LP.

Fid/Claymore MLP Opportunity Fund (FMO)

Ranked with 3 star rating, Fid/Claymore MLP Opportunity Fund invests mainly in MLP entities. Its total assets are $1.06 billion. The distribution rate is 6.49%. This fund is sponsored by Guggenheim Partners Asset Management Inc. Its annual expense fee is 2.06%. The fund performance for the past 3 years:

• Year 2013: 24.98%
• Year 2012: 8.80%
• Year 2011: 6.25%

This best performing MLP closed end fund has 45 holdings. The top 3 stocks are Energy Transfer Equity LP, Enterprise Products Partners LP, and Buckeye Partners LP.

Fund Returns

No	Fund Name	Ticker	NAV Price	Yield	Market Cap	1 Year Return %
1	Salient Midstream & MLP Fund	SMM	$25.51	5.73%	$228M	23.30%
2	Kayne Anderson MLP	KYN	$34.40	6.25%	$3,707M	22.66%
3	Fid/Claymore MLP Opportunity	FMO	$24.89	6.49%	$839M	14.06%
4	Kayne Anderson MidstreamEnergy	KMF	$37.33	5.25%	$757M	13.72%
5	Salient MLP & Energy Infra	SMF	$29.71	6.47%	$204M	12.73%
6	ClearBridge Energy MLP TR Fund	CTR	$22.98	6.01%	$833M	12.43%
7	Kayne Anderson Energy Dev Co	KED	$29.97	6.62%	$286M	11.90%
8	Cushing MLP Total Return Fund	SRV	$6.98	11.26%	$265M	11.57%
9	ClearBridge Energy MLP Opps	EMO	$23.92	6.06%	$699M	11.02%
10	Tortoise Energy Capital	TYY	$32.49	5.40%	$637M	10.04%
11	ClearBridge Energy MLP	CEM	$26.77	6.13%	$1,764M	9.70%
12	Tortoise Energy Independence F	NDP	$26.42	7.18%	$352M	8.45%
13	Tortoise MLP Fund	NTG	$27.50	6.18%	$1,286M	8.07%
14	Tortoise Energy Infrastructure	TYG	$43.13	5.29%	$1,248M	7.65%
15	Kayne Anderson Energy TR	KYE	$29.42	7.13%	$962M	6.51%
16	Nuveen Energy MLP Total Return	JMF	$20.17	6.67%	$743M	5.60%
17	Tortoise North American Energy	TYN	$28.92	5.81%	$174M	4.54%
18	First Trust Energy Inc&Growth	FEN	$32.80	6.69%	$522M	1.79%
19	First Trust MLP and Energy Inc	FEI	$20.64	6.79%	$794M	0.53%