Center Coast MLP Focus Fund (CCCAX, CCCCX, CCCNX, CCCDX)
|As of 09/30/2017||Quarter||YTD||One Year||Three Years||Five Years||Cumulative ITD||Annualized ITD|
|A Shares w/Load||-7.50%||-9.65%||-7.21%||-8.73%||0.12%||15.21%||2.12%|
|Alerian MLP Index (TR)||-3.05%||-5.62%||-3.70%||-12.93%||-0.57%||20.10%||2.75%|
Performance data quoted represents past performance and is no guarantee of future results. Total return figures include the reinvestment of dividends and capital gains, and as the fund is taxable as a “C” corporation performance is net of federal, state and local taxes paid by the Fund. The Fund accrues deferred income tax liabilities/assets which are reflected daily in the Fund’s NAV. Index returns do not reflect deferred income tax liabilities/assets. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. For the most recent month end performance, please call (800)-207-7108. Returns showing less than one year are cumulative. The Fund’s total operating expense ratios for the class A, C, T, and Institutional Shares are 7.07%, 7.82%, 7.07%, and 6.82% respectively. While the Fund’s investment advisor contractually agreed, until March 31, 2018, to waive its fees and/or pay expenses so that the total annual fund operating expenses, excluding deferred income tax expenses, of the Class A, C, T and I Shares do not exceed 1.50%, 2.25%, 1.50% and 1.25%, respectively, such fee waiver or expense absorption was not necessary as the total annual fund operating expenses were below the caps as of the Fund’s fiscal year end November 30, 2016. Class T Shares were not offered prior to April 1, 2017 and therefore no performance for Class T Shares is provided. Currently, the Class T Shares are not available for purchase. Performance results with load reflect the deduction for Class A Shares of the 5.75% maximum front-end sales charge. Class C Shares are subject to a contingent deferred sales charge of 1.00% when redeemed within 12 months of purchase. Performance presented without the load would be lower if this charge was reflected. Because of ongoing market volatility, Fund performance may be subject to substantial short-term changes. *ITD – Inception to Date; inception 12/31/2010
The S&P 500 Index is a broad-based, unmanaged measurement of changes in stock market conditions based on the average of 500 widely held common stocks. The Alerian MLP Index is a market-cap weighted, float-adjusted index which tracks the performance of the 50 most prominent energy Master Limited Partnerships (MLPs). Unlike the Fund, the Alerian MLP Index is not structured as a C-corp. One cannot invest directly in an index.
|As of 9/30/2017||Net Assets|
|Center Coast MLP Focus Fund||$2,834,770,588|