Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
2.45% 706.75M 14.12% 66.39%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-69.31M -38.27% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks total return. The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited partnership interests. It seeks to achieve its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in MLP interests under normal circumstances. MLPs are publicly traded partnerships primarily engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. Under normal circumstances, the fund concentrates its investments in MLPs in the energy sector. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol IMLPX
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Energy Limited Partnership
Category Index Morningstar MLP Composite TR USD
Prospectus Objective Growth and Income
Fund Owner Firm Name MainGate Trust
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Geoffrey Mavar 9.63 yrs
Matthew Mead 9.63 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 59
-69.31M
-969.64M Category Low
286.93M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of September 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
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As of October 23, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2013
2014
2015
2016
2017
2018
2019
YTD
24.69%
11.63%
-29.84%
23.72%
-8.82%
-22.87%
6.11%
-39.00%
26.68%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
4.48%
--
9.97%
-35.07%
24.69%
-5.28%
-15.14%
14.21%
-31.85%
--
6.38%
-33.20%
17.68%
-7.57%
-15.48%
6.05%
-41.22%
--
--
-46.06%
63.70%
-14.62%
-19.31%
10.73%
-35.89%
29.78%
7.44%
-43.46%
30.89%
-10.42%
-21.25%
9.15%
-53.17%
As of October 23, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-23-20) 14.12%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 9.839
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of September 30, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of September 30, 2020

Asset Allocation

As of September 30, 2020.
Type % Net % Long % Short
Cash 0.55% Upgrade Upgrade
Stock 99.45% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Enterprise Products Partners LP 11.62% 17.26 -2.10%
Magellan Midstream Partners LP 10.44% 36.10 -3.68%
Energy Transfer LP 10.10% 6.10 -3.17%
MPLX LP Partnership Units 9.12% 16.87 -2.93%
Williams Companies Inc 8.30% 19.26 -3.51%
Targa Resources Corp 8.13% 16.06 -6.14%
Kinder Morgan Inc Class P 7.14% 12.48 -2.35%
Shell Midstream Partners LP 6.58% 9.43 -1.26%
Plains All American Pipeline LP 4.96% 6.50 -4.69%
Plains GP Holdings LP Class A 4.77% 6.69 -4.84%

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load Upgrade
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks total return. The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited partnership interests. It seeks to achieve its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in MLP interests under normal circumstances. MLPs are publicly traded partnerships primarily engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. Under normal circumstances, the fund concentrates its investments in MLPs in the energy sector. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol IMLPX
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Energy Limited Partnership
Category Index Morningstar MLP Composite TR USD
Prospectus Objective Growth and Income
Fund Owner Firm Name MainGate Trust
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Geoffrey Mavar 9.63 yrs
Matthew Mead 9.63 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-23-20) 14.12%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 9.839
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of September 30, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of September 30, 2020

Fund Details

Key Dates
Inception Date 3/31/2014
Last Annual Report Date 11/30/2019
Last Prospectus Date 3/31/2020
Share Classes
AMLPX A
IMLPX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No