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MLCPX MainGate MLP C Forecast, Technical & Fundamental Analysis

Category Energy
A.I.Advisor
published Highlights

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 C 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 C MF was -34%. For the same stocks of the MF, the average monthly volume growth was 57% and the average quarterly volume growth was 23%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 29
P/E Growth Rating: 34
Price Growth Rating: 36
SMR Rating: 55
Profit Risk Rating: 21
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Energy

Profile
Fundamentals
Details
Category
Energy Limited Partnership
Address
MainGate Trust6075 POPLAR AVE. SUITE 720MEMPHIS
Phone
901-537-1866
Web
www.maingatefunds.com
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MLCPX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MLCPX has been closely correlated with MLPOX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if MLCPX jumps, then MLPOX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MLCPX
1D Price
Change %
MLCPX100%
+1.04%
MLPOX - MLCPX
98%
Closely correlated
+1.10%
SPMGX - MLCPX
98%
Closely correlated
+1.20%
SPMHX - MLCPX
97%
Closely correlated
+1.16%
MLPNX - MLCPX
97%
Closely correlated
+1.42%
MLPMX - MLCPX
97%
Closely correlated
+1.20%
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