Invesco SteelPath MLP Alpha R (SPMGX)

Fund Assets	1.19B
Expense Ratio	1.79%
Min. Investment	$1,000
Turnover	50.00%
Dividend (ttm)	0.54
Dividend Yield	5.52%
Dividend Growth	10.12%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 5, 2026

Previous Close	9.81
YTD Return	24.45%
1-Year Return	26.37%
5-Year Return	193.36%
52-Week Low	7.77
52-Week High	9.99
Beta (5Y)	n/a
Holdings	22
Inception Date	May 24, 2019

About SPMGX

The Invesco SteelPath MLP Alpha Fund Class R is an open-end mutual fund focused on generating total return through investment in U.S. energy infrastructure, with a particular emphasis on midstream master limited partnerships (MLPs). This fund strategically targets MLPs engaged in the transportation, storage, and processing of oil, natural gas, and natural gas liquids—an essential segment supporting North America's energy supply chain. Its portfolio is concentrated, typically holding a select group of companies that the investment team identifies through comprehensive bottom-up analysis, seeking stable cash flows and growth opportunities in the energy sector. The fund is actively managed, employing both fundamental and quantitative analysis to balance growth and value opportunities across diversified market capitalizations. With its strong orientation toward midstream assets, the fund plays a key role for investors seeking exposure to the infrastructure backbone of the energy industry, aiming to capture both income and long-term capital appreciation potential from the sector’s unique characteristics.

• Fund Family: Invesco
• Category: Energy Limited Partnership
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SPMGX
• Share Class: Class R
• Index: S&P 500 TR

Performance

SPMGX had a total return of 26.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SPMHX	Class R5	1.20%
OSPAX	Class R6	1.20%
MLPOX	Class Y	1.29%
MLPAX	Class A	1.54%

Top 10 Holdings

75.04% of assets

Name	Symbol	Weight
MPLX LP	MPLX	11.86%
Energy Transfer LP	ET	11.11%
Western Midstream Partners, LP	WES	9.94%
Enterprise Products Partners L.P.	EPD	9.24%
Targa Resources Corp.	TRGP	9.12%
Plains All American Pipeline, L.P.	PAA	6.75%
Sunoco LP	SUN	4.95%
Hess Midstream LP	HESM	4.95%
ONEOK, Inc.	OKE	3.68%
Cheniere Energy, Inc.	LNG	3.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 5, 2026	$0.0451	Aug 5, 2026
Jul 6, 2026	$0.0451	Jul 6, 2026
Jun 3, 2026	$0.0451	Jun 3, 2026
May 5, 2026	$0.0451	May 5, 2026
Apr 6, 2026	$0.0451	Apr 6, 2026
Mar 4, 2026	$0.041	Mar 4, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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