SPMJX: Invesco Oppenheimer SteelPath MLP Alpha Plus Fund

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SPMJX Invesco Oppenheimer SteelPath MLP Alpha Plus Fund


Profile

SPMJX - Profile

Vitals

  • YTD Return -57.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $83.5 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$1.94
$0.94
$5.01

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.54%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 52.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Energy Limited Partnership

Distributions

  • YTD Total Return -57.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.76%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Oppenheimer SteelPath MLP Alpha Plus Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in master limited partnership ("MLP") investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources, and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.


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Categories

Fund Company Quick Screens

SPMJX - Fund Company Quick Screens


Performance

SPMJX - Performance

Return Ranking - Trailing

Period SPMJX Return Category Return Low Category Return High Rank in Category (%)
YTD -57.6% -85.9% 105.8% 98.51%
1 Yr -60.1% -87.4% 109.6% 98.88%
3 Yr N/A* -55.5% 35.9% 78.14%
5 Yr N/A* -43.6% 30.7% 76.50%
10 Yr N/A* -12.3% 35.0% N/A

* Annualized

Return Ranking - Calendar

Period SPMJX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -24.2% 71.9% N/A
2018 N/A -35.0% 12.7% N/A
2017 N/A -25.3% 59.5% N/A
2016 N/A -15.5% 42.5% N/A
2015 N/A -65.1% 11.8% N/A

Total Return Ranking - Trailing

Period SPMJX Return Category Return Low Category Return High Rank in Category (%)
YTD -57.6% -85.9% 105.8% 98.51%
1 Yr -60.1% -87.4% 109.6% 98.88%
3 Yr N/A* -55.5% 41.4% 85.85%
5 Yr N/A* -43.6% 33.9% 88.89%
10 Yr N/A* -6.3% 36.7% N/A

* Annualized

Total Return Ranking - Calendar

Period SPMJX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -22.9% 71.9% N/A
2018 N/A -31.5% 12.7% N/A
2017 N/A -25.3% 68.6% N/A
2016 N/A -15.5% 42.5% N/A
2015 N/A -65.1% 11.8% N/A

NAV & Total Return History


Holdings

SPMJX - Holdings

Concentration Analysis

SPMJX Category Low Category High SPMJX % Rank
Net Assets 83.5 M 105 K 8.41 B 47.06%
Number of Holdings 19 5 1562 77.94%
Net Assets in Top 10 96.9 M -225 M 2.73 B 36.76%
Weighting of Top 10 N/A 16.4% 238.7% 14.44%

Top 10 Holdings

  1. Magellan Midstream Partners LP 16.87%
  2. Enterprise Products Partners LP 16.86%
  3. Energy Transfer LP 16.46%
  4. MPLX LP Partnership Units 14.13%
  5. TC Pipelines LP 13.41%
  6. Williams Companies Inc 12.73%
  7. Targa Resources Corp 11.52%
  8. Equitrans Midstream Corp 5.82%
  9. Westlake Chemical Partners LP 4.38%
  10. Plains All American Pipeline LP 3.84%

Asset Allocation

Weighting Return Low Return High SPMJX % Rank
Stocks
130.91% 80.60% 325.56% 9.56%
Cash
2.01% -225.56% 20.91% 43.75%
Preferred Stocks
0.00% -0.29% 7.00% 95.96%
Convertible Bonds
0.00% 0.00% 4.97% 96.69%
Bonds
0.00% -43.96% 56.94% 93.75%
Other
-32.92% -52.75% 85.39% 98.90%

Stock Sector Breakdown

Weighting Return Low Return High SPMJX % Rank
Energy
96.66% 0.00% 100.00% 15.32%
Basic Materials
3.34% 0.00% 16.01% 28.23%
Utilities
0.00% 0.00% 48.22% 98.79%
Technology
0.00% 0.00% 53.21% 97.98%
Real Estate
0.00% 0.00% 97.46% 97.98%
Industrials
0.00% 0.00% 46.89% 97.98%
Healthcare
0.00% 0.00% 98.52% 97.98%
Financial Services
0.00% 0.00% 46.18% 97.98%
Communication Services
0.00% 0.00% 24.63% 97.58%
Consumer Defense
0.00% 0.00% 23.50% 97.98%
Consumer Cyclical
0.00% 0.00% 36.79% 97.98%

Stock Geographic Breakdown

Weighting Return Low Return High SPMJX % Rank
US
130.91% 80.06% 325.56% 8.46%
Non US
0.00% -5.02% 39.88% 93.75%

Expenses

SPMJX - Expenses

Operational Fees

SPMJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.54% 0.37% 37.17% 19.85%
Management Fee 1.25% 0.00% 2.64% 92.28%
12b-1 Fee 0.50% 0.00% 1.00% 71.79%
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

SPMJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SPMJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPMJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 0.00% 5191.00% 55.47%

Distributions

SPMJX - Distributions

Dividend Yield Analysis

SPMJX Category Low Category High SPMJX % Rank
Dividend Yield 0.00% 0.00% 23.05% 96.32%

Dividend Distribution Analysis

SPMJX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

SPMJX Category Low Category High SPMJX % Rank
Net Income Ratio -1.76% -3.05% 6.50% 95.54%

Capital Gain Distribution Analysis

SPMJX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SPMJX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 17.51 4.81 1.5