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 high level of current income.

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

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 may have considerable cash balances for temporary periods and the potential benefit to the Fund of any market upswing during this time may be reduced adversely affecting the Fund’s performance.

The fund's net and gross expense ratio is .93%.

*Inception date: 9/9/2010

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 of an investment 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 of Fund shares owned less than 90 days.

The performance shown for periods prior to July 18, 2014, was for a privately-offered class of shares of the Fund that no longer exists and was exchanged for the current publicly-offered shares of the open-end mutual Fund.

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 Infrastructure Fact Sheet

• MLP & Energy Infrastructure Commentary

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

• MLP & Energy Infrastructure Fund Annual Report
• MLP & Energy Infrastructure 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 Infrastructure Fund Tax Form 8937
• 2017 MLP & Energy Infrastructure Fund Tax Form 8937
• 2016 MLP & Energy Infrastructure Fund Tax Form 8937
• 2015 MLP & Energy Infrastructure Fund Tax Form 8937
• 2014 MLP & Energy Infrastructure Fund Tax Form 8937

View a list of glossary terms

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