The most notable companies in this group are Enterprise Products Partners LP (NASDAQ:EPD), Energy Transfer LP (NASDAQ:ET), Kinder Morgan (NASDAQ:KMI), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NASDAQ:AM).
The investment seeks capital appreciation through distribution growth and current income.
Under normal circumstances, the fund invests at least 80% of its net assets in midstream energy infrastructure companies. Investments consist primarily of master limited partnerships (“MLPs”) and common stocks. The fund may also invest in securities such as preferred stocks, warrants, equity-like instruments, and debt instruments. It is non-diversified.
The average market capitalization across the Hennessy Midstream Investor MF is 28.59B. The market cap for tickers in the group ranges from 4.52B to 57.82B. EPD holds the highest valuation in this group at 57.82B. The lowest valued company is ETRN at 4.52B.
The average weekly volume growth across all stocks in the Hennessy Midstream Investor MF was -13%. For the same stocks of the MF, the average monthly volume growth was 5% and the average quarterly volume growth was 1%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 15
P/E Growth Rating: 49
Price Growth Rating: 39
SMR Rating: 46
Profit Risk Rating: 47
Seasonality Score: 33 (-100 ... +100)