| MainGate MLP Fund | ||||||||
| Schedule of Investments | ||||||||
| August 31, 2024 (Unaudited) | ||||||||
| MASTER LIMITED PARTNERSHIPS AND RELATED COMPANIES - 106.2% | Shares/Units | Fair Value | ||||||
Crude/Refined Products Pipelines and Storage - 26.4% | ||||||||
| Canada - 0.3% | ||||||||
| Enbridge, Inc. | 70,000 | $ | 2,812,600 | |||||
| $ | – | |||||||
| United States - 26.1% | ||||||||
| Genesis Energy, L.P. | 1,670,000 | 23,146,200 | ||||||
| MPLX, L.P. | 2,300,000 | 98,624,000 | ||||||
| Phillips 66 | 60,000 | 8,418,600 | ||||||
| Plains All American Pipeline, L.P. | 1,800,000 | 32,292,000 | ||||||
| Plains GP Holdings, L.P. | 2,593,000 | 49,785,600 | ||||||
| 212,266,400 | ||||||||
| Total Crude/Refined Products Pipelines and Storage | 215,079,000 | |||||||
Natural Gas Gathering/Processing - 41.7% | ||||||||
| United States - 41.7% | ||||||||
| Antero Midstream Corp. | 570,000 | 8,475,900 | ||||||
| EnLink Midstream, LLC | 5,755,000 | 82,641,800 | ||||||
| Kinetik Holdings, Inc. | 292,000 | 12,918,080 | ||||||
| Targa Resources Corp. | 865,000 | 127,068,500 | ||||||
| Western Midstream Partners, L.P. | 2,790,000 | 107,638,200 | ||||||
| Total Natural Gas Gathering/Processing | 338,742,480 | |||||||
Natural Gas/Natural Gas Liquid Pipelines and Storage - 38.1% | ||||||||
| United States - 38.1% | ||||||||
| Cheniere Energy, Inc. | 185,000 | 34,273,100 | ||||||
| DT Midstream, Inc. | 75,000 | 5,894,250 | ||||||
| Energy Transfer, L.P. | 6,000,000 | 96,600,000 | ||||||
| Enterprise Products Partners, L.P. | 2,250,000 | 66,015,000 | ||||||
| Kinder Morgan, Inc. | 400,000 | 8,628,000 | ||||||
| ONEOK, Inc. | 690,000 | 63,728,400 | ||||||
| Williams Companies, Inc. | 752,000 | 34,419,040 | ||||||
| Total Natural Gas/Natural Gas Liquid Pipelines and Storage | 309,557,790 | |||||||
TOTAL MASTER LIMITED PARTNERSHIPS AND RELATED COMPANIES (Cost $234,418,881) | 863,379,270 | |||||||
TOTAL INVESTMENTS - 106.2% (Cost $234,418,881) | $ | 863,379,270 | ||||||
| Liabilities in Excess of Other Assets - (6.2)% | (50,283,716 | ) | ||||||
| TOTAL NET ASSETS - 100.0% | $ | 813,095,554 | ||||||
| Percentages are stated as a percent of net assets. | ||||||||
| • | Level 1 — unadjusted quoted prices in active markets for identical securities that the Fund has the ability to access |
| • | Level 2 — significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| • | Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments) |
| Fair Value Measurements at Reporting Date Using | ||||||||||||||||
| Quoted Prices in | Significant | |||||||||||||||
| Active Markets for | Significant Other | Unobservable | ||||||||||||||
| Fair Value at | Identical Assets | Observable Inputs | Inputs | |||||||||||||
Description | August 31, 2024 | (Level 1) | (Level 2) | (Level 3) | ||||||||||||
Equity Securities | ||||||||||||||||
| Master Limited Partnerships and Related Companies (a) | $ | 863,379,270 | $ | 863,379,270 | $ | - | $ | - | ||||||||
| Total | $ | 863,379,270 | $ | 863,379,270 | $ | - | $ | - | ||||||||
| (a) | All other industry classifications are identified in the Schedule of Investments. |
