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Morningstar

Invesco SteelPath MLP Select 40 A MLPFX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 7.71  /  +0.26 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    6.570%
  • Expense Ratio 6.590%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Energy Limited Partnership
  • Investment Style Small Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.07%
  • Turnover 13%

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MLPFX

Will MLPFX 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 MLPFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Strength in Invesco SteelPath MLP Select 40 A's Process Pillar is partially offset by an Average People Pillar rating, leading 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
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Portfolio Holdings MLPFX

More MLPFX Holdings
  • 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

7.40 136.7 Mil
Energy

MPLX LP Partnership Units

6.82 126.1 Mil
Energy

Genesis Energy LP

5.19 96.0 Mil
Energy

Western Midstream Partners LP

4.92 91.0 Mil
Energy

Targa Resources Corp

4.88 90.2 Mil
Energy

NuStar Energy LP Common Units

4.80 88.8 Mil
Energy

Usd Currency Cash

4.67 86.4 Mil
Cash and Equivalents

Antero Midstream Corp

4.64 85.8 Mil
Energy

Plains All American Pipeline LP

4.60 85.0 Mil
Energy

EnLink Midstream LLC

4.56 84.3 Mil
Energy