Invesco SteelPath MLP Select 40 R5 (SPMVX)
| Fund Assets | 2.33B |
| Expense Ratio | 1.10% |
| Min. Investment | $1,000,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 5.24% |
| Dividend Growth | 7.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 3, 2026 |
| Previous Close | 10.86 |
| YTD Return | 21.55% |
| 1-Year Return | 24.66% |
| 5-Year Return | 155.07% |
| 52-Week Low | 8.74 |
| 52-Week High | 11.71 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | May 24, 2019 |
About SPMVX
The Invesco SteelPath MLP Select 40 Fund Class R5 is an actively managed mutual fund focused on providing total return by investing primarily in master limited partnerships (MLPs) within the U.S. energy infrastructure sector. The fund's strategy centers on constructing a concentrated portfolio of approximately 40 MLPs, chosen for their potential to generate both income and long-term growth. These holdings typically operate in vital segments such as the transportation, storage, and processing of energy commodities—especially oil, natural gas, and related products. The fund benchmarks its performance against the Alerian MLP Index, reflecting its alignment with the broader midstream energy industry. The Class R5 share class is specifically designed for retirement plans, offering a lower expense ratio compared to other share classes to better suit institutional investors. Through its focus on energy infrastructure, the fund plays a significant role in portfolios seeking exposure to the cash flow stability and income characteristics associated with MLPs, while also participating in the evolving landscape of North American energy logistics.
Performance
SPMVX had a total return of 24.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.25%.
Top 10 Holdings
52.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Energy Transfer LP | ET | 6.17% |
| Western Midstream Partners, LP | WES | 6.00% |
| MPLX LP | MPLX | 5.91% |
| Targa Resources Corp. | TRGP | 5.25% |
| Archrock, Inc. | AROC | 5.25% |
| ONEOK, Inc. | OKE | 5.03% |
| Plains All American Pipeline, L.P. | PAA | 4.92% |
| The Williams Companies, Inc. | WMB | 4.64% |
| Enterprise Products Partners L.P. | EPD | 4.62% |
| Kinder Morgan, Inc. | KMI | 4.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 3, 2026 | $0.0495 | Jun 3, 2026 |
| May 5, 2026 | $0.0495 | May 5, 2026 |
| Apr 6, 2026 | $0.0495 | Apr 6, 2026 |
| Mar 4, 2026 | $0.0467 | Mar 4, 2026 |
| Feb 4, 2026 | $0.0467 | Feb 4, 2026 |
| Jan 6, 2026 | $0.0467 | Jan 6, 2026 |