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Morningstar

Invesco SteelPath MLP Select 40 C MLPEX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 5.68  /  1.43 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    1.850%
  • Expense Ratio 3.860%
  • 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 8.52%
  • Turnover 11%

USD | NAV as of Jun 07, 2023 | 1-Day Return as of Jun 07, 2023, 10:15 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.

Process Pillar

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

People Pillar

The People Pillar is our evaluation of the MLPEX 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 MLPEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Invesco SteelPath MLP Select 40 C's Average People and Parent ratings limit this strategy to a Morningstar Medalist Rating of 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
Rated on Published on

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Portfolio Holdings MLPEX

More MLPEX Holdings
  • Current Portfolio Date
  • Equity Holdings 39
  • Bond Holdings 0
  • Other Holdings 4
  • % Assets in Top 10 Holdings 53.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Energy Transfer LP

7.24
125,195,957
Energy

MPLX LP Partnership Units

6.97
120,506,927
Energy

Westlake Chemical Partners LP

5.19
89,729,686
Basic Materials

Targa Resources Corp

4.99
86,209,611
Energy

Genesis Energy LP

4.92
85,060,968
Energy

NuStar Energy LP

4.89
84,451,417
Energy

Magellan Midstream Partners LP

4.82
83,265,605
Energy

Western Midstream Partners LP

4.73
81,778,380
Energy

Plains All American Pipeline LP

4.72
81,532,589
Energy

Antero Midstream Corp

4.68
80,857,098
Energy