Invesco SteelPath MLP Alpha Plus Fund Class A (MLPLX)
| Fund Assets | 299.12M |
| Expense Ratio | 8.06% |
| Min. Investment | $1,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 5.07% |
| Dividend Growth | 16.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 3, 2025 |
| Previous Close | 5.93 |
| YTD Return | 2.19% |
| 1-Year Return | 17.45% |
| 5-Year Return | 390.49% |
| 52-Week Low | 5.06 |
| 52-Week High | 6.72 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Feb 6, 2012 |
About MLPLX
The Invesco SteelPath MLP Alpha Plus Fund Class A is a mutual fund focused on delivering total return by investing primarily in U.S. energy infrastructure, with a particular emphasis on midstream master limited partnerships (MLPs). This fund targets companies that own and operate critical energy assets such as pipelines, storage facilities, and processing plants, which are essential to the transportation and storage of oil, natural gas, and related products. Managed using a bottom-up, research-driven approach, the fund concentrates on energy infrastructure holdings that offer stable cash flows and potential for growth across varying commodity price environments. Its portfolio is notably concentrated, typically holding about 20 securities, with significant allocations to established industry leaders like MPLX, Energy Transfer, and Targa Resources. As a non-diversified fund, it offers investors focused exposure to a specialized segment of the energy sector, playing a distinctive role in portfolios seeking the income and growth characteristics of MLP investments within the U.S. energy landscape.
Performance
MLPLX had a total return of 17.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.82%.
Top 10 Holdings
122.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Energy Transfer LP | ET | 20.01% |
| MPLX LP | MPLX | 19.25% |
| Western Midstream Partners, LP | WES | 17.20% |
| Targa Resources Corp. | TRGP | 16.08% |
| Enterprise Products Partners L.P. | EPD | 12.60% |
| ONEOK, Inc. | OKE | 10.14% |
| Plains All American Pipeline, L.P. | PAA | 8.99% |
| The Williams Companies, Inc. | WMB | 7.14% |
| Sunoco LP | SUN | 6.32% |
| Cheniere Energy, Inc. | LNG | 4.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 3, 2025 | $0.029 | Jul 3, 2025 |
| Jun 4, 2025 | $0.029 | Jun 4, 2025 |
| May 5, 2025 | $0.029 | May 5, 2025 |
| Apr 3, 2025 | $0.029 | Apr 3, 2025 |
| Mar 5, 2025 | $0.0253 | Mar 5, 2025 |
| Feb 5, 2025 | $0.0253 | Feb 5, 2025 |