Philip Trinder Profile Picture Individual Investor

Philip Trinder

  • EducationUniversity of Houston; University of Texas at Austin
  • QualificationsMBA in Finance; BBA in Finance
  • Investment ExperienceInvestment experience since 1993

MLP Protocol Sprint

For the MLP Protocol Sprint portfolio, I pursue higher risks with higher potential total returns. I use an opportunistic and concentrated approach that leverages MLPs and related C-Corps. I will also invest in recent MLP IPOs.

Risk score

Risk Score 4
4
12.2%

Best 30 days

-9.8%

Worst 30 days

Performance

  • -2.2%
    30 day
  • 0.8%
    90 day
  • 43.2%
    365 day
    June 27, 2012
Monthly vs S&P500
Philip Trinder - MLP Protocol Sprint Monthly vs S&P500
23.4% 12 months
Invest

Portfolio currently closed to new investors. Let me know if space becomes available.

  • $50,000 investment min
  • 0.5% fee

Replicability

100.0%
  • Replicable

Holdings are only visible to invested clients.

If you'd like to discuss this portfolio, contact client relations at 1.866.825.3005.

Portfolio commentary

  1. Think twice before investing in MLPs in retirement accounts

    10 October 2013

    Investors are hungry for income, but it’s important to do your homework before stretching for yield.

  2. QR Energy causes some confusion 8 April 2013
  3. CVR Refining appears poised to ride the shale boom 3 February 2013
  4. New taxes, corporate dividends and MLPs 3 January 2013
  5. The fiscal cliff's shadow over energy MLPs 11 December 2012

show more


Performance detail

  • Manager (net of fees)
  • Alerian MLP

Performance

Covestor inception June 27, 2012

as of September 16, 2014 Manager (net of fees) Alerian MLP S&P 500
Past 30 days -2.2% 0.8% 2.4%
Past 90 days 0.8% 7.0% 2.7%
Past 365 days 43.2% 29.5% 20.2%
Since Covestor inception (Annualized) 41.2% 24.8% 22.7%
2014 (YTD) 23.4% 19.0% 9.7%
2013 41.0% 27.6% 32.4%

Risk metrics

Last 365 days

as of September 16, 2014 Manager (net of fees) Alerian MLP S&P 500
Best 30 days 9.4% 9.1% 7.9%
Worst 30 days -3.3% -4.3% -4.8%
Volatility 11.3% 11.4% 10.2%
Sharpe Ratio 3.81 2.58 1.98
Sortino Ratio 5.59 4.56 2.71
Maximum Drawdown -5.0% -4.9% -5.7%
Value-at-risk (95%, 1 week) -2.6% -2.6% -2.4%
vs. Alerian MLP vs. S&P 500
Information Ratio 1.14 2.06
Alpha 25.0% 26.8%
Beta 0.44 0.52
R-Squared 0.20 0.22
Invest

Portfolio currently closed to new investors. Let me know if space becomes available.

  • $50,000 investment min
  • 0.5% fee

Latest transactions View all

Transactions are only visible to invested clients.

If you'd like to discuss this portfolio,
contact client relations at 1.866.825.3005.


Important Information

  1. Past performance is no guarantee of future results.
  2. Performance of the portfolio manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail Covestor's trading rules, as a result, actual client returns will differ. Covestor advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".
  3. Average client returns are calculated by Covestor and are composed of the average, time-weighted returns of all active client investments (some of which may contain investment restrictions) to the underlying portfolio. These daily average returns are then linked together for the timeframe presented. These returns include cash, dividends, earnings distributions, brokerage commissions and Covestor advisory fees.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  6. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not transaction costs. More
  7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  8. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Portfolio classifications are provided by Covestor, and are intended to serve as a general guide.
  9. Transactions that are marked as "Replicable" passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.