Invesco SteelPath MLP Alpha Plus Fund Class R5 (SPMPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.08
-0.03 (-0.49%)
Jul 9, 2025, 4:00 PM EDT
11.76%
Fund Assets 299.12M
Expense Ratio 7.73%
Min. Investment $1,000,000
Turnover 26.00%
Dividend (ttm) 0.32
Dividend Yield 5.24%
Dividend Growth 16.72%
Payout Frequency Monthly
Ex-Dividend Date Jul 3, 2025
Previous Close 6.11
YTD Return 2.31%
1-Year Return 17.85%
5-Year Return 399.59%
52-Week Low 5.17
52-Week High 6.88
Beta (5Y) n/a
Holdings 23
Inception Date May 24, 2019

About SPMPX

The Invesco SteelPath MLP Alpha Plus Fund Class R5 is a mutual fund specializing in U.S. energy infrastructure by investing primarily in master limited partnerships (MLPs), particularly within the midstream energy segment. Its primary objective is to achieve total return by targeting MLPs that own and operate energy transportation, storage, and processing assets. The fund employs a granular, bottom-up investment approach, seeking companies with durable cash flows and strong growth prospects, which allows it to identify unrecognized opportunities in the energy infrastructure sector. Notable holdings typically include leading names such as MPLX, Energy Transfer, Western Midstream Partners, and Targa Resources, offering exposure to a diversified array of midstream energy businesses. Class R5 shares are tailored for retirement plans, featuring a fee structure designed for institutional investors. The fund serves an important role for investors aiming to access the U.S. energy infrastructure market and diversify their portfolios with assets that may provide stable cash flows and historically low correlation to traditional equity markets.

Fund Family Invesco
Category Energy Limited Partnership
Stock Exchange NASDAQ
Ticker Symbol SPMPX
Share Class Class R5
Index S&P 500 TR

Performance

SPMPX had a total return of 17.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.75%.

Other Share Classes

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

Symbol Share Class Expense Ratio
OSPPX Class R6 7.73%
MLPNX Class Y 7.81%
MLPLX Class A 8.06%
SPMJX Class R 8.31%

Top 10 Holdings

122.58% of assets
Name Symbol Weight
Energy Transfer LP ET 20.01%
MPLX LP MPLX 19.25%
Western Midstream Partners, LP WES 17.20%
Targa Resources Corp. TRGP 16.08%
Enterprise Products Partners L.P. EPD 12.60%
ONEOK, Inc. OKE 10.14%
Plains All American Pipeline, L.P. PAA 8.99%
The Williams Companies, Inc. WMB 7.14%
Sunoco LP SUN 6.32%
Cheniere Energy, Inc. LNG 4.85%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Mar 5, 2025 $0.0253 Mar 5, 2025
Feb 5, 2025 $0.0253 Feb 5, 2025
Full Dividend History