About IMLPX
MainGate MLP Fund is a mutual fund designed to provide investors access to the master limited partnership (MLP) market, particularly within the natural resources and energy infrastructure sectors. Its primary objective is total return, striving to generate both current income and capital appreciation by investing predominantly in MLPs that are engaged in the transportation, storage, and processing of energy commodities such as crude oil, natural gas, and refined products. The fund is managed with a focus on companies operating strategic midstream assets, which often display stable, fee-based cash flows and are typically regulated, potentially supporting predictable income streams throughout economic cycles. Offering mutual fund convenience, MainGate MLP Fund features 1099 tax reporting, eliminating the need for K-1s or concerns over unrelated business taxable income, making it accessible for a broad array of investors including those in retirement accounts. By concentrating its holdings in a select group of MLPs, the fund provides targeted exposure to the energy infrastructure sector while seeking to exploit market inefficiencies inherent in the MLP space. The fund distributes income quarterly and aims to balance growth with consistent payouts for investors seeking exposure to the U.S. energy value chain.
Fund Family MainGate Trust
Category Energy Limited Partnership
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol IMLPX
Share Class Class I
Index S&P 500 TR
IMLPX had a total return of 30.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.04%.
