# EDGAR Filing Document

**Accession Number:** 0001505064
**File Stem:** 0001145549-25-047946
**Filing Date:** 2025-7
**Character Count:** 8979
**Document Hash:** 096583cb371f582ebce43bf50466a1a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-047946.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001145549-25-047946

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MainGate Trust
- **CENTRAL INDEX KEY:** 0001505064

**ORGANIZATION NAME:**
- **EIN:** 276896939
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22492
- **FILM NUMBER:** 251150173

**BUSINESS ADDRESS:**
- **STREET 1:** 6075 POPLAR AVE.
- **STREET 2:** SUITE 720
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38119
- **BUSINESS PHONE:** 901-537-1866

**MAIL ADDRESS:**
- **STREET 1:** 6075 POPLAR AVE.
- **STREET 2:** SUITE 720
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38119

## Series and Classes Contracts Data

### MainGate MLP Fund (Series ID: S000031058)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000096312 | Class A      | AMLPX           |
| C000096313 | Class I      | IMLPX           |
| C000142071 | Class C      | MLCPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MainGate Trust

- **b. Investment Company Act file number:** 811-22492

- **c. CIK number of Registrant:** 0001505064

- **d. LEI of Registrant:** 549300NCVQ1F5Z5QPV45

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 6075 Poplar Ave

  - **City:** Memphis

  - **State:** TN

  - **Foreign country:** US

  - **Zip / Postal Code:** 38119

  - **Telephone number:** 901-537-1866

**Item A.2. Information about the Series.**

- **a. Name of Series:** MainGate MLP Fund

- **b. EDGAR series identifier (if any):** S000031058

- **c. LEI of Series:** 5493007FR82GCWWCWR12

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $881783166.51

**Total Liabilities:** $70568285.59

**Net Assets:** $811214880.92

**Cash Not Reported:** $16301228.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000096312 | 0.00%                | -7.99%               | 1.52%                |
| Class ID C000096313 | 0.09%                | -7.99%               | 1.53%                |
| Class ID C000142071 | 0.00%                | -8.01%               | 1.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $1290375.00                                |
| Month 2  | $-5532258.67             | $-84489920.83                              |
| Month 3  | $1069532.48              | $9429071.91                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Enterprise Products Partners L | Enterprise Products Partners LP | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |   2250000 | NS      | $69345000.00  | 8.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                        | MPLX LP                         | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |   2300000 | NS      | $117300000.00 | 14.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                    | Phillips 66                     | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     60000 | NS      | $6808800.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp           | Targa Resources Corp            | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    600000 | NS      | $94758000.00  | 11.68%            |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                       | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    785000 | NS      | $63459400.00  | 7.82%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc               | DT Midstream Inc                | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $10474000.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Energy LP              | Genesis Energy LP               | CUSIP: 371927104<br>LEI: 549300VJ5D6MDK138782 | Long             | EC               | CORP              | US        |   1650000 | NS      | $26020500.00  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP          | Plains GP Holdings LP           | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |   4218000 | NS      | $74236800.00  | 9.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP             | Energy Transfer LP              | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   6600000 | NS      | $115368000.00 | 14.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP  | Western Midstream Partners LP   | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2850000 | NS      | $106590000.00 | 13.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The            | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |   1325000 | NS      | $80175750.00  | 9.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc            | Cheniere Energy Inc             | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    300000 | NS      | $71097000.00  | 8.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                   | Enbridge Inc                    | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     70000 | NS      | $3253600.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc               | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    300000 | NS      | $8412000.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc           | Kinetik Holdings Inc            | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    272000 | NS      | $12114880.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp          | Antero Midstream Corp           | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    300000 | NS      | $5634000.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-21

**Name of Applicant:** MainGate Trust

**Signature:** /s/Andrew Garrett

**Name of Signer:** Andrew Garrett

**Title:** Secretary