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Morningstar

MainGate MLP A AMLPX

Morningstar Medalist Rating
Medalist Rating as of | See MainGate Funds Investment Hub
  • NAV / 1-Day Return 6.74  /  0.45 %
  • Total Assets 735.3 Mil
  • Adj. Expense Ratio
    1.690%
  • Expense Ratio 1.690%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Energy Limited Partnership
  • Investment Style Mid Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 6.14%
  • Turnover 3%

USD | NAV as of Jun 06, 2023 | 1-Day Return as of Jun 06, 2023, 9:40 PM GMT+0

Morningstar’s Analysis AMLPX

Will AMLPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMLPX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the AMLPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of AMLPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An incline in its Process Pillar rating is the primary driver of MainGate MLP A's upgrade to a Morningstar Medalist Rating of Bronze from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AMLPX

More AMLPX Holdings
  • Current Portfolio Date
  • Equity Holdings 20
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 85.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Midstream Partners LP

12.61
96,250,500
Energy

Targa Resources Corp

12.42
94,835,000
Energy

MPLX LP Partnership Units

12.18
93,015,000
Energy

Energy Transfer LP

10.66
81,366,750
Energy

EnLink Midstream LLC

9.37
71,544,000
Energy

Magellan Midstream Partners LP

8.88
67,825,000
Energy

Enterprise Products Partners LP

7.38
56,332,500
Energy

Cheniere Energy Inc

4.00
30,574,400
Energy

Plains All American Pipeline LP

4.00
30,551,500
Energy

Plains GP Holdings LP Class A

4.00
30,504,000
Energy