Notable companies
The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Kinder Morgan (NYSE:KMI), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP), Plains GP Holdings LP (NASDAQ:PAGP).
Industry description
The investment seeks current income and capital appreciation.
The fund, under normal market conditions, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of master limited partnerships ("MLPs") and MLP-related investments. "MLPs" are generally treated as partnerships for U.S. federal income tax purposes and are generally organized under state law as limited partnerships or limited liability companies. The fund may invest in companies of any market capitalization size. It is non-diversified.
Market Cap
The average market capitalization across the NYLI Cushing® MLP Premier Class A MF is 37.45B. The market cap for tickers in the group ranges from 3.63B to 63.68B. EPD holds the highest valuation in this group at 63.68B. The lowest valued company is PAGP at 3.63B.
Volume
The average weekly volume growth across all stocks in the NYLI Cushing® MLP Premier Class A MF was 12%. For the same stocks of the MF, the average monthly volume growth was -4% and the average quarterly volume growth was 97%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 35
Price Growth Rating: 49
SMR Rating: 49
Profit Risk Rating: 14
Seasonality Score: -38 (-100 ... +100)