About SPMQX
Invesco SteelPath MLP Income Fund Class R5 is an open-end mutual fund focused on generating total return through investments in U.S. energy infrastructure, primarily targeting midstream master limited partnerships (MLPs). The fund invests at least 80% of its net assets in MLPs and related securities involved in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. Its portfolio is concentrated in top U.S. midstream energy names, such as MPLX, Energy Transfer, and Enterprise Products Partners, reflecting a strong emphasis on the pipeline and energy transportation sub-sectors. The fund maintains around 25 to 28 holdings, with a high percentage of assets allocated to its top ten positions. Benchmarked against the Alerian MLP Index, the fund seeks to capitalize on income and growth opportunities in energy infrastructure, offering monthly distributions and a notable yield characteristic of the MLP sector. By focusing on these sectors, the fund plays a significant role for investors seeking exposure to the income-generating potential of U.S. energy infrastructure companies through actively managed MLP investments.
Fund Family Invesco
Category Energy Limited Partnership
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SPMQX
Share Class Class R5
Index Alerian MLP TR
SPMQX had a total return of 15.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 26.23%.
