The Fund will purchase securities across the capital structure of MLPs and their affiliates with the goal of providing greater liquidity and lower volatility with a high correlation to MLP returns. The Fund seeks to provide investors with the following benefits:

• MLP and energy infrastructure portfolio with an increased opportunity set by investing across the capital structure.
• Opportunistic midstream focus.
• 1099 tax reporting – no K-1s, state tax filings, Unrelated Business Taxable Income (“UBTI”) or fund-level taxation.
• Seeks a higher level of current income.

Click here to read about the advantages of the Advisory Research MLP & Energy Income Fund RIC structure.

*Depending on agreements at broker and/or custodian.

Asset Allocation as of June 30, 2019.

All data as of the most recent quarter-end unless otherwise stated.

Holdings are subject to change.

The fund's gross expense ratio is 1.41% for the A share, 2.16% for the C share and 1.16% for the I share.

*Inception date: Class A: 05/18/2011; Class C 4/2/2012; Class I: 12/27/2010.

All data as of the most recent quarter-end unless otherwise stated.

Performance for periods over one year is annualized. The performance data quoted here represents past performance. Past performance is no guarantee of future results. Investment return and principal value will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. A redemption fee of 2.00% will be imposed on redemptions or exchanges of shares you have owned for 90 days or less.

The Alerian MLP Index is a leading gauge of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities, is disseminated real-time on a price-return basis (AMZ) and on a total-return basis (AMZX).

• MLP & Energy Income Fact Sheet

• MLP & Energy Income Commentary

• Summary Prospectus
• Prospectus
• Statement of Additional Information
• XBRL – MLP Funds

• MLP & Energy Income Fund Annual Report
• MLP & Energy Income Fund Semi-Annual Report

• Account Application
• Beneficial Ownership Form
• IRA Application Form
• IRA Transfer Form
• Roth IRA Custodial Amendment
• Traditional IRA Custodial Amendment
• Account Privileges Change Form
• Cost Basis Election Form
• Traditional IRA Custodial Agreement
• Roth IRA Custodial Agreement
• 2018 MLP & Energy Income Fund Tax Form 8937
• 2017 MLP & Energy Income Fund Tax Form 8937
• 2016 MLP & Energy Income Fund Tax Form 8937
• 2015 MLP & Energy Income Fund Tax Form 8937
• 2014 MLP & Energy Income Fund Tax Form 8937
• 2013 MLP & Energy Income Fund Tax Form 8937
• 2012 MLP & Energy Income Fund Tax Form 8937

View a list of glossary terms

The MLP & Energy Income Fund intends to make distributions quarterly and net capital gains, if any, at least annually.