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Morningstar

Invesco SteelPath MLP Income Y MLPZX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 6.06  /  +0.72 %
  • Total Assets 3.7 Bil
  • Adj. Expense Ratio
    6.290%
  • Expense Ratio 6.310%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Energy Limited Partnership
  • Investment Style Mid Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.61%
  • Turnover 24%

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0

Morningstar’s Analysis MLPZX

Will MLPZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MLPZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MLPZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MLPZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Invesco SteelPath MLP Income Y's recent fee hike drives a downgrade to this strategy's Morningstar Medalist Rating to Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MLPZX

More MLPZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 87.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
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