Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Invesco SteelPath MLP Alpha A MLPAX
- NAV / 1-Day Return 7.65 / +0.53 %
- Total Assets 996.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 3.110%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Energy Limited Partnership
- Investment Style Mid Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.20%
- Turnover 32%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MLPAX
Will MLPAX 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 —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Energy Transfer LP | 13.31 | 129.2 Mil | Energy |
MPLX LP Partnership Units | 13.18 | 127.9 Mil | Energy |
Targa Resources Corp | 12.43 | 120.6 Mil | Energy |
Western Midstream Partners LP | 11.89 | 115.3 Mil | Energy |
Enterprise Products Partners LP | 9.11 | 88.4 Mil | Energy |
Plains All American Pipeline LP | 6.56 | 63.6 Mil | Energy |
ONEOK Inc | 6.22 | 60.3 Mil | Energy |
Williams Companies Inc | 3.94 | 38.3 Mil | Energy |
Cheniere Energy Inc | 2.91 | 28.2 Mil | Energy |
EnLink Midstream LLC | 2.63 | 25.6 Mil | Energy |