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
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MLPOX
Share Class Class Y
Index S&P 500 TR
MLPOX had a total return of 26.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.40%.
