Maingate Mlp Fund Quote
| AMLPX Fund | USD 8.23 0.08 0.96% |
Performance24 of 100
| Odds Of DistressLess than 15
|
Maingate Mlp is trading at 8.23 as of the 16th of April 2024; that is -0.96% down since the beginning of the trading day. The fund's open price was 8.31. Maingate Mlp has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Maingate Mlp Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
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 percent of its net assets in MLP interests under normal circumstances. More on Maingate Mlp Fund
Moving together with Maingate Mutual Fund
| 1.0 | MLCPX | Maingate Mlp | PairCorr |
| 0.99 | TORCX | Tortoise Mlp Pipeline | PairCorr |
| 0.99 | MLPTX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.99 | OSPSX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.99 | MLPZX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.98 | OSPMX | Oppenheimer Steelpath Mlp | PairCorr |
Maingate Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Maingate Mlp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Maingate Mlp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | MainGate Trust Funds, Large Funds, Energy Limited Partnership Funds, Energy Limited Partnership, MainGate Trust, Large, Energy Limited Partnership (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of March 2023 |
| Fiscal Year End | November |
Maingate Mlp Fund [AMLPX] is traded in USA and was established 16th of April 2024. Maingate Mlp is listed under MainGate Trust category by Fama And French industry classification. The fund is listed under Energy Limited Partnership category and is part of MainGate Trust family. This fund presently has accumulated 738.23 M in assets under management (AUM) with no minimum investment requirementsMaingate Mlp is currently producing year-to-date (YTD) return of 12.15% with the current yeild of 0.05%, while the total return for the last 3 years was 29.1%.
Check Maingate Mlp Probability Of Bankruptcy
Instrument Allocation
Top Maingate Mlp Fund Mutual Fund Constituents
| MMP | Magellan Midstream Partners | Stock | Energy |
| WMB | Williams Companies | Stock | Energy |
| WES | Western Midstream Partners | Stock | Energy |
| TRGP | Targa Resources | Stock | Energy |
| PAGP | Plains GP Holdings | Stock | Energy |
| PAA | Plains All American | Stock | Energy |
| MPLX | MPLX LP | Stock | Energy |
Maingate Mlp Target Price Odds Analysis
Based on a normal probability distribution, the odds of Maingate Mlp jumping above the current price in 90 days from now is about 17.8%. The Maingate Mlp Fund probability density function shows the probability of Maingate Mlp mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Maingate Mlp has a beta of 0.6267. This suggests as returns on the market go up, Maingate Mlp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Maingate Mlp Fund will be expected to be much smaller as well. Additionally, maingate Mlp Fund has an alpha of 0.1201, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Maingate Mlp to move above the current price in 90 days from now is about 17.8 (This Maingate Mlp Fund probability density function shows the probability of Maingate Mutual Fund to fall within a particular range of prices over 90 days) .
Maingate Mlp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Maingate Mlp market risk premium is the additional return an investor will receive from holding Maingate Mlp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Maingate Mlp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Maingate Mlp's alpha and beta are two of the key measurements used to evaluate Maingate Mlp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4944 | |||
| Semi Deviation | 0.3113 | |||
| Standard Deviation | 0.6293 | |||
| Variance | 0.396 |
Maingate Mlp Against Markets
Picking the right benchmark for Maingate Mlp mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Maingate Mlp mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Maingate Mlp is critical whether you are bullish or bearish towards Maingate Mlp Fund at a given time. Please also check how Maingate Mlp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Maingate Mlp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Alpha Finder Now
Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
How to buy Maingate Mutual Fund?
Before investing in Maingate Mlp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Maingate Mlp. To buy Maingate Mlp fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Maingate Mlp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Maingate Mlp fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Maingate Mlp Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Maingate Mlp Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Maingate Mlp Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Maingate Mlp Fund?
The danger of trading Maingate Mlp Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Maingate Mlp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Maingate Mlp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Maingate Mlp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Maingate Mlp Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.