Invesco SteelPath MLP Alpha Plus R5 (SPMPX)
| Fund Assets | 320.01M |
| Expense Ratio | 3.42% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.78% |
| Dividend Growth | 13.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 6, 2026 |
| Previous Close | 7.57 |
| YTD Return | 29.63% |
| 1-Year Return | 32.58% |
| 5-Year Return | 249.84% |
| 52-Week Low | 5.61 |
| 52-Week High | 7.90 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| 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.
Performance
SPMPX had a total return of 32.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.47%.
Top 10 Holdings
79.06% of assets| Name | Symbol | Weight |
|---|---|---|
| MPLX LP | MPLX | 12.43% |
| Energy Transfer LP | ET | 11.71% |
| Targa Resources Corp. | TRGP | 9.92% |
| Enterprise Products Partners L.P. | EPD | 9.87% |
| Western Midstream Partners, LP | WES | 9.72% |
| Plains All American Pipeline, L.P. | PAA | 7.05% |
| Hess Midstream LP | HESM | 5.31% |
| Sunoco LP | SUN | 4.95% |
| Cheniere Energy, Inc. | LNG | 4.18% |
| ONEOK, Inc. | OKE | 3.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 6, 2026 | $0.0325 | Jul 6, 2026 |
| Jun 3, 2026 | $0.0325 | Jun 3, 2026 |
| May 5, 2026 | $0.0325 | May 5, 2026 |
| Apr 6, 2026 | $0.0325 | Apr 6, 2026 |
| Mar 4, 2026 | $0.029 | Mar 4, 2026 |
| Feb 4, 2026 | $0.029 | Feb 4, 2026 |