MainGate MLP Fund (IMLPX)
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.
Fund Info
US5605992016
560599201
Feb 16, 2011
$1,000,000
Mid-Cap
Value
Expense Ratio
IMLPX has a high expense ratio of 1.44%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MainGate MLP Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MainGate MLP Fund had a return of 7.75% year-to-date (YTD) and 38.66% in the last 12 months. Over the past 10 years, MainGate MLP Fund had an annualized return of 5.03%, while the S&P 500 had an annualized return of 11.31%, indicating that MainGate MLP Fund did not perform as well as the benchmark.
IMLPX
7.75%
-0.73%
19.95%
38.66%
21.78%
5.03%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of IMLPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.97% | 7.75% | |||||||||||
| 2024 | 0.89% | 5.19% | 6.26% | 0.02% | 1.38% | 4.30% | 1.62% | 2.38% | -0.21% | 2.43% | 14.20% | -6.95% | 34.76% |
| 2023 | 5.47% | -1.66% | -0.98% | 1.55% | -2.97% | 5.69% | 6.69% | 1.44% | 0.91% | -0.15% | 5.46% | -2.22% | 20.26% |
| 2022 | 11.39% | 5.93% | 4.35% | -0.81% | 7.01% | -14.53% | 12.65% | 3.16% | -8.75% | 15.14% | 2.25% | -4.13% | 33.69% |
| 2021 | 5.35% | 6.31% | 5.71% | 7.36% | 8.30% | 7.48% | -6.69% | -2.04% | 5.12% | 6.05% | -7.25% | 3.16% | 44.24% |
| 2020 | -7.93% | -12.85% | -42.03% | 40.84% | 8.04% | -5.58% | -3.93% | -0.53% | -12.97% | 3.58% | 22.66% | 2.22% | -27.81% |
| 2019 | 15.13% | 0.14% | 4.21% | -2.29% | -2.72% | 3.08% | -1.88% | -6.92% | 2.58% | -6.60% | -5.36% | 9.95% | 7.17% |
| 2018 | 3.34% | -11.33% | -6.27% | 8.09% | 5.69% | -1.99% | 4.42% | 0.35% | -2.32% | -8.23% | -2.90% | -11.28% | -22.18% |
| 2017 | 1.15% | 0.19% | 0.00% | -1.26% | -5.41% | 0.10% | 0.83% | -4.93% | 1.65% | -5.33% | -1.63% | 7.12% | -7.90% |
| 2016 | -14.27% | 0.80% | 7.89% | 14.92% | 1.19% | 3.52% | -1.05% | 3.39% | 4.81% | -5.84% | 6.22% | 3.97% | 25.15% |
| 2015 | -2.11% | 2.79% | -1.88% | 3.91% | -1.27% | -2.04% | -3.31% | -5.02% | -17.46% | 8.88% | -8.37% | -5.57% | -29.15% |
| 2014 | 1.28% | 2.98% | 1.56% | 2.52% | 4.63% | 6.17% | -4.29% | 5.27% | -1.78% | -2.73% | -1.67% | -1.25% | 12.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 93, IMLPX is among the top 7% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MainGate MLP Fund (IMLPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MainGate MLP Fund provided a 4.05% dividend yield over the last twelve months, with an annual payout of $0.44 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.43 | $0.40 | $0.40 | $0.40 | $0.46 | $0.63 | $0.63 | $0.63 | $0.63 | $0.63 | $0.63 |
Dividend yield | 4.05% | 4.22% | 5.04% | 5.75% | 7.22% | 11.04% | 9.86% | 9.68% | 7.00% | 6.04% | 7.03% | 4.73% |
Monthly Dividends
The table displays the monthly dividend distributions for MainGate MLP Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.11 | $0.00 | $0.11 | ||||||||||
| 2024 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.43 |
| 2023 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.40 |
| 2022 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.40 |
| 2021 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.40 |
| 2020 | $0.16 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.46 |
| 2019 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.63 |
| 2018 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.63 |
| 2017 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.63 |
| 2016 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.63 |
| 2015 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.63 |
| 2014 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MainGate MLP Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MainGate MLP Fund was 76.36%, occurring on Mar 18, 2020. Recovery took 856 trading sessions.
The current MainGate MLP Fund drawdown is 2.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.36% | Sep 11, 2014 | 1389 | Mar 18, 2020 | 856 | Aug 11, 2023 | 2245 |
| -9.98% | Feb 28, 2012 | 68 | Jun 4, 2012 | 65 | Sep 6, 2012 | 133 |
| -9.42% | Dec 2, 2024 | 13 | Dec 18, 2024 | 18 | Jan 16, 2025 | 31 |
| -6.31% | Oct 18, 2012 | 19 | Nov 15, 2012 | 31 | Jan 2, 2013 | 50 |
| -6.15% | Jul 23, 2024 | 10 | Aug 5, 2024 | 19 | Aug 30, 2024 | 29 |
Volatility
Volatility Chart
The current MainGate MLP Fund volatility is 6.30%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.