MainGate MLP Fund Class A (AMLPX)
| Fund Assets | 811.21M |
| Expense Ratio | 11.46% |
| Min. Investment | $2,500 |
| Turnover | 15.31% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.28% |
| Dividend Growth | 7.32% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 15, 2025 |
| Previous Close | 9.53 |
| YTD Return | 1.51% |
| 1-Year Return | 14.52% |
| 5-Year Return | 238.18% |
| 52-Week Low | 8.36 |
| 52-Week High | 10.46 |
| Beta (5Y) | 0.72 |
| Holdings | 17 |
| Inception Date | Feb 17, 2011 |
About AMLPX
MainGate MLP Fund A Class Mutual Fund is an open-end mutual fund focused on investments in master limited partnerships (MLPs), primarily within the energy sector. Its primary objective is to generate total return by combining current income with capital appreciation, offering investors exposure to infrastructure assets associated with the transport, storage, and processing of energy commodities. The fund's portfolio is concentrated in the midstream segment of the energy industry, holding interests in prominent companies such as Targa Resources Corp, Western Midstream Partners LP, and Energy Transfer LP, among others. One of the notable features of this fund is its structure, which allows investors mutual fund convenience—such as 1099 tax reporting—instead of the K-1s typically required for direct MLP investments. This makes it accessible to a wide range of investors, including those using tax-advantaged accounts. The fund is designed to deliver diversification within the energy infrastructure subsector, tapping into assets critical to U.S. energy supply chains. With daily liquidity at net asset value, it provides a liquid option to access the MLP asset class, while also maintaining a focus on distributions and total return potential over time.
Performance
AMLPX had a total return of 14.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.51%.
Top 10 Holdings
93.59% of assets| Name | Symbol | Weight |
|---|---|---|
| MPLX LP | MPLX | 12.96% |
| Energy Transfer LP | ET | 12.64% |
| Targa Resources Corp. | TRGP | 12.39% |
| Western Midstream Partners, LP | WES | 12.03% |
| Plains GP Holdings, L.P. | PAGP | 9.28% |
| The Williams Companies, Inc. | WMB | 8.41% |
| ONEOK, Inc. | OKE | 8.03% |
| Enterprise Products Partners L.P. | EPD | 7.92% |
| Cheniere Energy, Inc. | LNG | 7.23% |
| Genesis Energy, L.P. | GEL | 2.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 15, 2025 | $0.110 | Apr 16, 2025 |
| Jan 21, 2025 | $0.110 | Jan 22, 2025 |
| Oct 16, 2024 | $0.110 | Oct 17, 2024 |
| Jul 16, 2024 | $0.110 | Jul 17, 2024 |
| Apr 16, 2024 | $0.110 | Apr 17, 2024 |
| Jan 16, 2024 | $0.100 | Jan 17, 2024 |