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MainGate MLP Fund Class A (AMLPX)

Net Asset Value
1 Day
Overall Morningstar Rating
Energy limited partnership
Style or Category
Sales Expenses
Expense Ratio
Above 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.


1 month+6.67% 3 years-4.03%
3 months+8.82% 5 years+2.76%
1 year-3.73% Since inception+3.89%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return+2.76%-0.05%
Expense ratio1.67%2.19%
Risk 5 year sharpe ratio0.220.11
Net assets$1.7B$796.7M
Average market cap$8.3B$8.9B
Average P/E25.421.9
Portfolio turnover25%25%

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Fund Management and Purchase Info

Fund familyMainGate Trust
Fund manager & tenureDavid Fleischer / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


U.S. stock100.00%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ETE Energy Transfer Equity LP8.22%
TRGP Targa Resources Corp8.22%
EPD Enterprise Products Partners LP8.05%
ENLC EnLink Midstream LLC6.18%
SHLX Shell Midstream Partners LP5.68%
SEMG SemGroup Corp5.40%
GEL Genesis Energy LP5.06%
WMB Williams Companies4.90%
WGP Western Gas Equity Partners LP4.65%
MMP Magellan Midstream Partners LP4.23%