MainGate MLP Fund Class A (AMLPX)

13.20
Net Asset Value
+0.38%
1 Day
-0.08%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
5.75
Sales Expenses
8.09%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited partnership ("MLP") interests. It seeks to achieve its investment objective by investing at least 80% of its net assets 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.

Performance

1 month+1.05% 3 years+16.12%
3 months+0.82% 5 years--
1 year+1.84% Since inception+12.62%
Data through --

Peer Comparisonvs. Energy limited partnership

 AMLPXCategory
Performance 5-yr return--+9.47%
Expense ratio8.09%3.99%
Risk 5 year sharpe ratio--1.13
Net assets$1.3B$1.0B
Average market cap$10.3B--
Average P/E30.1--
Portfolio turnover58%58%

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Fund Management and Purchase Info

Fund familyMainGate Trust
Fund manager & tenureDavid Fleischer / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

U.S. stock97.90%
International stock2.10%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
WMB Williams Companies7.80%
EPD Enterprise Products Partners LP7.11%
PAA Plains All American Pipeline LP7.02%
ENLC EnLink Midstream LLC6.74%
ETE Energy Transfer Equity LP6.15%
GEL Genesis Energy LP6.09%
SXL Sunoco Logistics Partners LP6.05%
SHLX Shell Midstream Partners LP6.01%
TRGP Targa Resources Corp5.02%
WGP Western Gas Equity Partners LP4.69%

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