Morningstar

MainGate MLP A AMLPX

Morningstar Medalist Rating
Medalist Rating as of | See MainGate Funds Investment Hub
  • NAV / 1-Day Return 8.87  /  −2.21 %
  • Total Assets 822.0 Mil
  • Adj. Expense Ratio
    3.150%
  • Expense Ratio 3.150%
  • 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 4.69%
  • Turnover 8%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 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.

Strength in MainGate MLP A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AMLPX

More AMLPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 88.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Targa Resources Corp

13.47 112.7 Mil
Energy

Western Midstream Partners LP

13.42 112.2 Mil
Energy

MPLX LP Partnership Units

11.71 98.0 Mil
Energy

Energy Transfer LP

11.64 97.3 Mil
Energy

EnLink Midstream LLC

9.87 82.6 Mil
Energy

Enterprise Products Partners LP

7.80 65.2 Mil
Energy

ONEOK Inc

6.73 56.3 Mil
Energy

Plains GP Holdings LP Class A

5.85 48.9 Mil
Energy

Cheniere Energy Inc

3.87 32.3 Mil
Energy

Plains All American Pipeline LP

3.84 32.1 Mil
Energy

Sponsor Center