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 7.48 / −0.13 %
- Total Assets 972.0 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 5.19%
- Turnover 32%
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:18 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 | 13.72 | 117.7 Mil | Energy |
MPLX LP Partnership Units | 13.54 | 116.2 Mil | Energy |
Targa Resources Corp | 13.51 | 115.9 Mil | Energy |
Western Midstream Partners LP | 11.06 | 94.9 Mil | Energy |
Enterprise Products Partners LP | 9.30 | 79.8 Mil | Energy |
Plains All American Pipeline LP | 6.40 | 54.9 Mil | Energy |
ONEOK Inc | 6.16 | 52.8 Mil | Energy |
Williams Companies Inc | 3.99 | 34.2 Mil | Energy |
Cheniere Energy Inc | 3.48 | 29.9 Mil | Energy |
EnLink Midstream LLC | 2.66 | 22.8 Mil | Energy |