About MLPRX
The Invesco SteelPath MLP Income Fund is an open-end mutual fund that primarily targets investments in U.S. energy infrastructure through master limited partnerships (MLPs). Its main objective is to seek total return, with an explicit focus on generating income by investing at least 80% of its net assets in MLPs that are integral to the transportation, storage, processing, and marketing of natural resources, especially within the midstream energy sector. The fund’s portfolio is concentrated in companies operating pipelines, storage facilities, and other critical assets necessary for moving oil, natural gas, and other resources across North America. Notable holdings often include MPLX, Energy Transfer, Western Midstream Partners, and Enterprise Products Partners, reflecting its reliance on some of the largest and most established energy infrastructure operators. The fund is popular for its high distribution yield and monthly income payments, appealing to investors who seek cash flow and exposure to energy infrastructure without direct ownership of individual MLPs. With a multi-billion-dollar asset base, it serves as a key vehicle for those aiming to participate in U.S. energy sector income strategies and access diversified MLP exposure within a single fund structure.
Fund Family Invesco
Category Energy Limited Partnership
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MLPRX
Share Class Class C
Index Alerian MLP TR
MLPRX had a total return of 28.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.09%.
