Key Stats
| Expense Ratio | 2.45% |
| Total Assets Under Management | 829.29M |
| Share Class Assets Under Management | 17.87M |
| Net Asset Value | 3.66 |
| Turnover Ratio | 66.39% |
| 1 Year Fund Level Flows | -37.71M |
Performance & Returns
| Total Return | Cat. Total Return (NAV) | % Rank in Cat. (NAV) | |
|---|---|---|---|
| 1M | 3.58% | 6.76% | 97 |
| 3M | 7.12% | 11.04% | 90 |
| 6M | -27.59% | -25.82% | 69 |
| YTD | -33.22% | -28.89% | 72 |
| 1Y | -33.33% | -26.43% | 78 |
| 3Y | -18.52% | -13.06% | 93 |
| 5Y | -13.31% | -9.15% | 93 |
| 10Y | -- | -0.20% | -- |
| 15Y | -- | -- | -- |
| 20Y | -- | -- | -- |
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | 3.35% | 3.35% | 0.00% |
| Stock | 96.65% | 96.65% | 0.00% |
| Bond | 0.00% | 0.00% | 0.00% |
| Convertible | 0.00% | 0.00% | 0.00% |
| Preferred | 0.00% | 0.00% | 0.00% |
| Other | 0.00% | 0.00% | 0.00% |
Region Exposure
| Americas | 100.0% |
| North America | 100.0% |
| Latin America | 0.00% |
| Greater Europe | 0.00% |
| United Kingdom | 0.00% |
| Europe Developed | 0.00% |
| Europe Emerging | 0.00% |
| Africa/Middle East | 0.00% |
| Greater Asia | 0.00% |
| Japan | 0.00% |
| Australasia | 0.00% |
| Asia Developed | 0.00% |
| Asia Emerging | 0.00% |
| Market Classification | |
| % Developed Markets | 100.0% |
| % Emerging Markets | 0.00% |
Stock Sector Exposure
| Basic Materials | 0.00% |
| Communication Services | 0.00% |
| Consumer Cyclical | 0.00% |
| Consumer Defensive | 0.00% |
| Energy | 100.0% |
| Financial Services | 0.00% |
| Healthcare | 0.00% |
| Industrials | 0.00% |
| Real Estate | 0.00% |
| Technology | 0.00% |
| Utilities | 0.00% |
Stock Market Capitalization
| Giant | 1.15% |
| Large | 18.83% |
| Medium | 61.28% |
| Small | 18.74% |
| Micro | 0.00% |
Stock Style Exposure
| Large Cap Value | 19.33% |
| Large Cap Blend | 0.65% |
| Large Cap Growth | 0.00% |
| Mid Cap Value | 60.77% |
| Mid Cap Blend | 0.51% |
| Mid Cap Growth | 0.00% |
| Small Cap Value | 13.15% |
| Small Cap Blend | 5.59% |
| Small Cap Growth | 0.00% |
View More Holdings
As of June 30, 2020
Top 10 Holdings
| Symbol | Name | % Weight | Price | % Chg |
|---|---|---|---|---|
| EPD | Enterprise Products Partners LP | 10.76% | 17.90 | -1.05% |
| ET | Energy Transfer LP | 9.90% | 6.43 | -3.02% |
| MMP | Magellan Midstream Partners LP | 9.84% | 40.70 | +0.87% |
| WMB | Williams Companies Inc | 8.67% | 20.85 | +0.14% |
| TRGP | Targa Resources Corp | 8.46% | 19.61 | +1.29% |
| MPLX | MPLX LP Partnership Units | 7.68% | 18.40 | -0.70% |
| KMI | Kinder Morgan Inc Class P | 7.43% | 14.32 | +0.14% |
| SHLX | Shell Midstream Partners LP | 6.35% | 11.73 | +1.47% |
| PAA | Plains All American Pipeline LP | 5.44% | 8.15 | +1.24% |
| PAGP | Plains GP Holdings LP Class A | 5.07% | 8.46 | +2.55% |
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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 |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | MainGate Trust |
| Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Reports | |
| One Page Report | Download |
Manager Info
| Name | Tenure |
|---|---|
| Geoffrey Mavar | 9.46 yrs |
| Matthew Mead | 9.46 yrs |
Net Fund Flows
| 1M | -30.57M |
| 3M | -27.17M |
| 6M | 88.34M |
| YTD | 117.34M |
| 1Y | -37.71M |
| 3Y | -328.18M |
| 5Y | 367.33M |
| 10Y | -- |
Risk Info
| Beta (5Y) | 1.849 |
| Historical Sharpe Ratio (10Y) | -- |
| Historical Sortino (All) | -0.0749 |
| Daily Value at Risk (VaR) 1% (All) | 5.65% |
| Monthly Value at Risk (VaR) 1% (All) | 41.94% |
Fundamentals
| Dividend Yield TTM (8-7-20) | 14.07% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Weighted Average PE Ratio | 11.41 |
| Weighted Average Price to Sales Ratio | 0.4400 |
| Weighted Average Price to Book Ratio | 1.291 |
| Weighted Median ROE | 2.33% |
| Weighted Median ROA | 2.46% |
| Forecasted Dividend Yield | 15.58% |
| Forecasted PE Ratio | 11.00 |
| Forecasted Price to Sales Ratio | 0.5944 |
| Forecasted Price to Book Ratio | 1.043 |
| Number of Holdings | 21 |
Growth Estimates
| Forecasted 5 Yr Earnings Growth | 11.29% |
| Forecasted Book Value Growth | -2.65% |
| Forecasted Cash Flow Growth | -7.32% |
| Forecasted Earnings Growth | 18.97% |
| Forecasted Revenue Growth | -16.55% |
Attributes
| Purchase Details | |
|---|---|
| Open to New Investors | Yes |
| Open to Existing Investors | Yes |
| Minimum Initial Investment | 2500.00 USD |
| Minimum Subsequent Investment | 100.00 USD |
| Fees | |
| Actual 12B-1 Fee | 1.00% |
| Actual Management Fee | 1.25% |
| Administration Fee | -- |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | 1.00% |
| Maximum Redemption Fee | -- |
| Key Dates | |
| Inception Date | 3/31/2014 |
| Termination Date | |
| Last Annual Report Date | 11/30/2019 |
| Last Prospectus Date | 3/31/2020 |
| Attributes | |
| Exchange Traded Share | No |
| Exchange Traded Note | No |
| Enhanced Index Fund | No |
| Fixed Distribution Fund | No |
| High-Net Worth Individual 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 |
| General Availability | |
| Available for Insurance Product | No |
| Available for Retirement Plan | No |
| Available for RRSP | No |
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