IMLPX MainGate MLP I Forecast, Technical & Fundamental Analysis

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).

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.

The average market capitalization across the MainGate MLP I MF is 39.05B. The market cap for tickers in the group ranges from 4.01B to 70.29B. EPD holds the highest valuation in this group at 70.29B. The lowest valued company is PAGP at 4.01B.

The average weekly volume growth across all stocks in the MainGate MLP I MF was 13%. For the same stocks of the MF, the average monthly volume growth was 27% and the average quarterly volume growth was 13%