MainGate MLP Fund (IMLPX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

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.

MainGate MLP Fund (IMLPX) has returned 20.45% so far this year and 15.84% over the past 12 months. Over the last ten years, IMLPX has returned 11.53% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Feb 22, 2011, IMLPX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +41.2%, while the worst month was Mar 2020 at -42.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IMLPX closed higher 51% of trading days. The best single day was Mar 19, 2020 with a return of +13.6%, while the worst single day was Mar 9, 2020 at -24.1%.

MainGate MLP Fund has an annualized alpha of 1.31%, beta of 0.79, and R² of 0.30 versus S&P 500 Index. Calculated based on daily prices since February 23, 2011.

• This fund participated in 96.68% of S&P 500 Index downside but only 83.69% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.30 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

IMLPX has a high expense ratio of 1.44%, indicating above-average management fees.

IMLPX ranks 37 for risk / return — below 37% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for MainGate MLP Fund (IMLPX) and compare them to a chosen benchmark (S&P 500 Index).

MainGate MLP Fund provided a 3.95% dividend yield over the last twelve months, with an annual payout of $0.47 per share. The fund has been increasing its distributions for 4 consecutive years.

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.

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.

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 76.39%, occurring on Mar 18, 2020. Recovery took 857 trading sessions.

The current MainGate MLP Fund drawdown is 0.75%.

The chart below shows the rolling one-month volatility.