Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Invesco SteelPath MLP Select 40 C MLPEX
- NAV / 1-Day Return 6.75 / +0.61 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 7.340%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Energy Limited Partnership
- Investment Style Small Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 7.18%
- Turnover 13%
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MLPEX
Will MLPEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 53.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Energy Transfer LP | 7.41 | 152.7 Mil | Energy |
MPLX LP Partnership Units | 6.93 | 142.8 Mil | Energy |
Western Midstream Partners LP | 5.37 | 110.6 Mil | Energy |
Targa Resources Corp | 4.97 | 102.3 Mil | Energy |
Plains All American Pipeline LP | 4.95 | 102.0 Mil | Energy |
Williams Companies Inc | 4.93 | 101.7 Mil | Energy |
EnLink Midstream LLC | 4.92 | 101.4 Mil | Energy |
Antero Midstream Corp | 4.74 | 97.7 Mil | Energy |
Enterprise Products Partners LP | 4.74 | 97.6 Mil | Energy |
ONEOK Inc | 4.55 | 93.7 Mil | Energy |