About SPNNX
The Invesco SteelPath MLP Income Fund Class R is a mutual fund centered on total return through investment in U.S. energy infrastructure, with a particular focus on midstream master limited partnerships (MLPs). The fund’s strategic allocation targets companies that own and operate assets critical to the transportation, storage, and processing of oil, natural gas, and related products. Its portfolio is dominated by established industry leaders, including MPLX, Energy Transfer, Western Midstream Partners, and Enterprise Products Partners, reflecting a bias towards businesses with stable cash flow generation and significant roles in North American energy logistics.
By emphasizing midstream MLPs, the fund is positioned to benefit from sectors that historically offer resilient income streams less sensitive to commodity price fluctuations. Its holdings span operators involved in pipeline transportation, storage terminals, and compression services, underpinning the energy supply chain’s reliability and efficiency. The fund benchmarks its performance against the Alerian MLP Index, highlighting its commitment to mirroring the broader performance of the MLP sector. Overall, the fund plays a vital role in providing exposure to energy infrastructure within a diversified investment strategy, appealing to those seeking potential income and diversification through a specialized segment of the equity market.
Fund Family Invesco
Category Energy Limited Partnership
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SPNNX
Share Class Class R
Index Alerian MLP TR
SPNNX had a total return of 14.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 25.82%.
