About MLPOX
The Invesco SteelPath MLP Alpha Fund Class Y is an actively managed mutual fund focused on U.S. energy infrastructure, specializing in investments in master limited partnerships (MLPs). Its primary objective is to seek total return by allocating at least 80% of its assets to MLPs and related instruments involved in the transportation, storage, refining, processing, and marketing of oil, gas, and other natural resources. The fund is non-diversified, meaning it can concentrate its investments in a select group of issuers, which can lead to a higher impact from individual holdings. Its portfolio is heavily weighted toward the oil and gas storage and transportation industry, representing over 90% of assets, with top holdings including Energy Transfer, MPLX, Western Midstream Partners, and Targa Resources. Managed by an experienced team with a long tenure in energy infrastructure, the fund aims to identify assets with durable cash flows and growth potential. Invesco SteelPath MLP Alpha Fund Class Y plays a significant role for investors seeking targeted exposure to midstream energy infrastructure through MLPs, providing a specialized vehicle within the sector equity fund category.
Fund Family Invesco
Category Energy Limited Partnership
Stock Exchange NASDAQ
Ticker Symbol MLPOX
Share Class Class Y
Index S&P 500 TR
MLPOX had a total return of 3.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.63%.
