MainGate MLP Fund
  
Schedule of Investments
  
February 28, 2026 (Unaudited)
  
   
MASTER LIMITED PARTNERSHIPS AND RELATED COMMON STOCKS - 111.8%
  
Shares/ Units
    
Fair Value
 
Crude/Refined Products Pipelines and Storage - 29.4%
        
Canada - 0.4%
            
Enbridge, Inc.
    
70,000
    
$
3,719,800
  
                 
United States - 29.0%
                
Genesis Energy, L.P.
    
1,275,000
      
23,026,500
  
MPLX, L.P.
    
1,950,000
      
114,933,000
  
Phillips 66
    
58,000
      
8,951,140
  
Plains GP Holdings, L.P.
    
4,218,000
      
95,073,720
  
             
241,984,360
  
Total Crude/Refined Products Pipelines and Storage
      
245,704,160
  
                 
Natural Gas Gathering/Processing - 31.4%
          
United States - 31.4%
                
Antero Midstream Corp.
    
450,000
      
10,116,000
  
Kinetik Holdings, Inc.
    
400,000
      
18,196,000
  
Targa Resources Corp.
    
625,000
      
147,375,000
  
Western Midstream Partners, L.P.
    
2,075,000
      
86,299,250
  
Total Natural Gas Gathering/Processing
      
261,986,250
  
                 
Natural Gas/Natural Gas Liquid Pipelines and Storage - 51.0%
          
United States - 51.0%
                
Cheniere Energy, Inc.
    
275,000
      
64,825,750
  
DT Midstream, Inc.
    
85,000
      
11,801,400
  
Energy Transfer, L.P.
    
5,800,000
      
109,272,000
  
Enterprise Products Partners, L.P.
    
1,800,000
      
65,052,000
  
Kinder Morgan, Inc.
    
300,000
      
9,981,000
  
ONEOK, Inc.
    
1,000,000
      
82,770,000
  
Williams Companies, Inc.
    
1,100,000
      
82,192,000
  
Total Natural Gas/Natural Gas Liquid Pipelines and Storage
      
425,894,150
  
                 
TOTAL MASTER LIMITED PARTNERSHIPS AND RELATED COMMON STOCKS (Cost $326,371,887)
      
933,584,560
  
                 
TOTAL INVESTMENTS - 111.8% (Cost $326,371,887)
      
933,584,560
  
Liabilities in Excess of Other Assets - (11.8)%
      
(98,865,718
)
                 
TOTAL NET ASSETS - 100.0%
          
$
834,718,842
  
                 
Percentages are stated as a percent of net assets.
          


Fair Value Measurements

Various inputs that are used in determining the fair value of the Fund’s investments are summarized in the three broad levels listed below:

•
Level 1 — Unadjusted quoted prices in active markets for identical securities that the Fund has the ability to access
•
Level 2 — Other significant 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)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

These inputs are summarized in the three broad levels that follow.

         
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
  
February 28, 2026
    
(Level 1)
    
(Level 2)
    
(Level 3)
  
Equity Securities
                        
Master Limited Partnerships and Related Common Stocks(1)
  
$
933,584,560
    
$
933,584,560
    
$
-
    
$
-
  
Total
  
$
933,584,560
    
$
933,584,560
    
$
-
    
$
-
  

(1)
All other industry classifications are identified in the Schedule of Investments.

The Fund did not hold Level 2 or Level 3 investments at any time during the period ended February 28, 2026. There were no transfers into and out of all Levels during the current period presented. It is the Fund’s policy to record transfers between all Levels at the end of the reporting period.