About SPMHX
Invesco SteelPath MLP Alpha Fund Class R5 is an actively managed mutual fund focused on generating total return by investing primarily in U.S. energy infrastructure, with an emphasis on midstream master limited partnerships (MLPs). The fund allocates at least 80% of its net assets to MLPs involved in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. Managed by experienced professionals, the fund takes a granular, bottom-up research approach, seeking stable cash flows from energy infrastructure assets that can withstand various commodity price environments.
Notable for its targeted exposure to the midstream energy sector, the fund holds a concentrated portfolio of leading companies such as Targa Resources Corp, Energy Transfer LP, MPLX LP, and Western Midstream Partners LP. It pays monthly distributions and is designed for investors seeking to benefit from the income and growth potential of U.S. midstream energy assets. By emphasizing durable cash flows and disciplined active management, the fund serves a specialized role for those looking to participate in the evolving North American energy infrastructure landscape.
Fund Family Invesco
Category Energy Limited Partnership
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SPMHX
Share Class Class R5
Index S&P 500 TR
SPMHX had a total return of 26.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.93%.
