About MLCPX
MainGate MLP Fund is a mutual fund focused on providing exposure to master limited partnerships (MLPs) within the energy infrastructure sector. Its primary objective is to deliver total return through a combination of current income and capital appreciation, achieved by investing mainly in MLPs that operate vital energy infrastructure assets such as pipelines, storage facilities, and processing plants. The fund, managed by Chickasaw Capital Management, strategically selects MLPs that demonstrate stable and growing cash flows, driven by contracts or fee-based revenue models that are typically less sensitive to energy commodity prices. Investors benefit from the convenience and liquidity of a mutual fund structure, including simplified tax reporting via 1099 forms, with no K-1s or unrelated business taxable income complications. The fund’s holdings are predominantly in the natural resources sector, targeting companies that transport, store, or process oil, natural gas, and related products. By concentrating on these essential midstream assets, MainGate MLP Fund plays a role in offering portfolio diversification, income potential, and an inflation-hedging component, reflecting the enduring demand for energy infrastructure services in the broader financial market.
Fund Family MainGate Trust
Category Energy Limited Partnership
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MLCPX
Share Class Class C
Index S&P 500 TR
MLCPX had a total return of 32.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.88%.
