About MLPZX
The Invesco SteelPath MLP Income Fund Class Y is an actively managed mutual fund specializing in investments within the U.S. energy infrastructure sector, with a primary emphasis on midstream master limited partnerships (MLPs). Its core objective is to provide investors with total return, achieved through a blend of income and capital appreciation. The portfolio is predominantly composed of MLPs involved in the transportation, storage, and processing of oil, natural gas, and other natural resources, making it highly concentrated in the energy sector—particularly among leading midstream companies. Typically, at least 80% of the fund’s assets are allocated to MLP investments, including related derivatives or instruments with similar economic characteristics.
This fund is classified as non-diversified, with a significant portion of its assets concentrated in its top holdings, reflecting a focused sector approach. It targets institutional investors and requires a minimum initial investment. The fund is notable for its high distribution yield, catering to those seeking regular income distributions, but it also carries a higher-than-average expense ratio relative to its category. Overall, the Invesco SteelPath MLP Income Fund Class Y plays a distinct role in the financial market by offering targeted exposure to midstream energy infrastructure, a segment that can provide both income and diversification benefits within a broader portfolio.
Fund Family Invesco
Category Energy Limited Partnership
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MLPZX
Share Class Class Y
Index Alerian MLP TR
MLPZX had a total return of 29.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.50%.
