MainGate MLP Fund logo

MainGate MLP Fund (IMLPX)

Market Closed
12 Aug, 20:00
NASDAQ NASDAQ
$
12. 20
+0.09
+0.7432%
After Hours
$
12. 20
0 0%
- Market Cap
0.4% Div Yield
0 Volume
$ 12.11
Previous Close
Add Transaction
Day Range
12.2 12.2
Year Range
9.46 12.24
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Summary

IMLPX closed yesterday higher at $12.2, an increase of 0.7432% from Tuesday's close, completing a monthly increase of 2.2632% or $0.27. Over the past 12 months, IMLPX stock gained 20.9118%.
IMLPX pays dividends to its shareholders, with the most recent payment made on Jul 17, 2024. The next estimated payment will be in 17 Oct 2024 on Oct 17, 2024 for a total of $0.11.
The stock of the company had never split.
The company's stock is traded on one exchange.

IMLPX Chart

MainGate MLP Fund (IMLPX) FAQ

What is the stock price today?

The current price is $12.20.

On which exchange is it traded?

MainGate MLP Fund is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is IMLPX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.4%.

What is its market cap?

As of today, no market cap data is available.

Has MainGate MLP Fund ever had a stock split?

No, there has never been a stock split.

MainGate MLP Fund Profile

NASDAQ Exchange
United States Country

Overview

The fund is designed to offer investors a blend of capital appreciation and income, focusing predominantly on investments in master limited partnerships (MLPs). These MLPs are mainly involved in the vast energy sector, covering areas such as transportation, storage, and processing of natural resources. By allocating at least 80% of its assets into MLP interests, the fund commits itself to the energy industry, aiming to leverage the sector's dynamics for returns. It operates under a non-diversified investment strategy, primarily concentrating its investments in energy MLPs, which can lead to higher risk and potentially higher returns due to the focused exposure.

Products and Services

  • Investment in Master Limited Partnerships (MLPs) - The primary service offered by the fund is investment in MLPs, which are entities primarily engaged in the operations relating to the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. This specialization allows investors to gain exposure to the essential services within the energy sector, potentially leading to both capital appreciation and income.
  • Focus on Energy Sector MLPs - While the fund invests broadly in MLPs, it specifically concentrates its efforts and resources on those within the energy sector. This focused approach seeks to capitalize on the unique opportunities and dynamics present in the energy industry, offering a targeted investment option for those interested in this sector.
  • Total Return Strategy - The fund's objective encompasses generating a total return through a combination of capital appreciation and income. This is achieved via strategic investments in MLP interests, positioning the fund as an attractive option for investors seeking a balanced approach to growth and income generation within the natural resources and energy sectors.

Contact Information

Address: MEMPHIS TN 38119
Phone: 901-537-1866