Notable companies
The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Plains GP Holdings LP (NASDAQ:PAGP).
Industry description
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.
Market Cap
The average market capitalization across the MainGate MLP I MF is 30.34B. 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 MainGate MLP I MF was -30%. For the same stocks of the MF, the average monthly volume growth was -24% and the average quarterly volume growth was 3%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 31
P/E Growth Rating: 30
Price Growth Rating: 45
SMR Rating: 43
Profit Risk Rating: 20
Seasonality Score: 18 (-100 ... +100)