The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Cheniere Energy (ASE:LNG), Targa Resources Corp (NYSE:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Plains GP Holdings LP (NASDAQ:PAGP).
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. It is non-diversified.
The average market capitalization across the MainGate MLP A MF is 22.04B. The market cap for tickers in the group ranges from 3.26B to 59.48B. EPD holds the highest valuation in this group at 59.48B. The lowest valued company is PAGP at 3.26B.
The average weekly volume growth across all stocks in the MainGate MLP A MF was 247%. For the same stocks of the MF, the average monthly volume growth was 419% and the average quarterly volume growth was 378%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 18
P/E Growth Rating: 73
Price Growth Rating: 39
SMR Rating: 48
Profit Risk Rating: 54
Seasonality Score: -5 (-100 ... +100)