Notable companies
The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Suncor Energy (NYSE:SU), Energy Transfer LP (NYSE:ET), Kinder Morgan (NYSE:KMI), Targa Resources Corp (NYSE:TRGP), Cheniere Energy (NYSE:LNG).
Industry description
The investment seeks total return including substantial current income from a portfolio of MLP and energy infrastructure investments.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in energy infrastructure and master limited partnership ("MLP") investments. It may invest 20% of its net assets in sectors outside of energy infrastructure investments, including, without limitation, securities of corporations that operate in the energy sector or that hold energy assets. The fund is non-diversified.
Market Cap
The average market capitalization across the Recurrent MLP & Infrastructure Class I MF is 50.38B. The market cap for tickers in the group ranges from 10B to 82.64B. EPD holds the highest valuation in this group at 82.64B. The lowest valued company is MUSA at 10B.
Volume
The average weekly volume growth across all stocks in the Recurrent MLP & Infrastructure Class I MF was -16%. For the same stocks of the MF, the average monthly volume growth was 3% and the average quarterly volume growth was -6%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 26
P/E Growth Rating: 47
Price Growth Rating: 39
SMR Rating: 56
Profit Risk Rating: 14
Seasonality Score: -42 (-100 ... +100)