Invesco SteelPath MLP Alpha Plus R (SPMJX)
| Fund Assets | 304.36M |
| Expense Ratio | 8.31% |
| Min. Investment | $1,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 5.65% |
| Dividend Growth | 15.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 4, 2025 |
| Previous Close | 5.74 |
| YTD Return | 1.00% |
| 1-Year Return | 12.02% |
| 5-Year Return | 390.65% |
| 52-Week Low | 5.25 |
| 52-Week High | 6.61 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | May 24, 2019 |
About SPMJX
The Invesco SteelPath MLP Alpha Plus Fund Class R is a mutual fund focused on the U.S. energy infrastructure sector, with an emphasis on investing in midstream Master Limited Partnerships (MLPs). Its primary goal is to generate total return by targeting both capital appreciation and current income. The fund typically allocates at least 80% of its net assets to equity securities of MLPs that are engaged in activities such as processing, storing, refining, distributing, mining, or marketing natural gas, crude oil, refined petroleum products, or coal. Key holdings often include leading names in the midstream space, highlighting its significant exposure to energy transport and logistics companies. By concentrating on this sector, the fund offers investors access to an essential segment of the energy supply chain that is vital to the broader energy market. The fund’s portfolio generally comprises around 20-24 securities, reflecting a focused investment approach. It distributes income on a monthly basis and is designed to be suitable for investors seeking exposure to the performance and income characteristics of midstream MLPs within the U.S. energy infrastructure landscape.
Performance
SPMJX had a total return of 12.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.55%.
Top 10 Holdings
118.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Energy Transfer LP | ET | 19.35% |
| MPLX LP | MPLX | 19.14% |
| Western Midstream Partners, LP | WES | 16.67% |
| Targa Resources Corp. | TRGP | 14.94% |
| Enterprise Products Partners L.P. | EPD | 12.20% |
| Plains All American Pipeline, L.P. | PAA | 8.81% |
| The Williams Companies, Inc. | WMB | 8.03% |
| Hess Midstream LP | HESM | 7.37% |
| Sunoco LP | SUN | 6.22% |
| ONEOK, Inc. | OKE | 5.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 4, 2025 | $0.029 | Sep 4, 2025 |
| Aug 5, 2025 | $0.029 | Aug 5, 2025 |
| Jul 3, 2025 | $0.029 | Jul 3, 2025 |
| Jun 4, 2025 | $0.029 | Jun 4, 2025 |
| May 5, 2025 | $0.029 | May 5, 2025 |
| Apr 3, 2025 | $0.029 | Apr 3, 2025 |