5 / 5 Stars
5 5 5 1 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 48 Equity Energy Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 19.80 percent over the past year, and 14.31 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||4.3%|
|3 Years (Annualized)||14.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited partnership ("MLP") interests. It seeks to achieve its investment objective by investing at least 80% of its net assets 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. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
MainGate MLP Fund has an expense ratio of 1.50 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.