Invesco SteelPath MLP Alpha Plus Fund (MLPNX)
Nasdaq - Nasdaq Delayed price. Currency in USD
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Invesco SteelPath MLP Alpha Plus Fund
Dallas, TX 75201
2100 McKinney Avenue, Suite 1401
SteelPath MLP Funds Trust
(214) 740-6040
Management information
,Lead manager since 29 December 2011
Stuart Cartner, Portfolio Manager, who has been responsible for the Invesco Advisers, Inc. since 2019 and has been associated with Invesco and/or its affiliates since 2019. Prior to the commencement of operations, Mr. Cartner managed the predecessor fund since 2010 and was associated with OppenheimerFunds, a global asset management firm, since 2012.
Stuart Cartner served as portfolio manager for SteelPath Alpha, Income, Select 40, Alpha Plus, Focused MLP, and MLP & Energy Infrastructure strategies. Prior to joining SteelPath, Stuart was Vice President in the Private Wealth Management Division of Goldman, Sachs & Co. As a Private Wealth Advisor for nineteen years at Goldman, he was responsible for managing a $200 million portfolio of midstream Master Limited Partnerships for over a decade. Prior to his time at Goldman, Stuart worked at Trammell Crow Company and General Electric.
Stuart holds a B.S. in Finance and Management from Indiana University and an MBA in Finance and Marketing with Distinction from the Kellogg Graduate School of Management, Northwestern University.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.
Fund overview
CategoryEnergy Limited Partnership
Fund familyInvesco
Net assets231.16M
YTD return17.55%
Yield4.98%
Morningstar rating★★
Inception date27 Jun 2013
Fund operations
Last dividend0.11
Last cap gain18.00
Holdings turnover42.00%
Average for categoryN/A
Fees and expenses
ExpenseMLPNXCategory average
Annual report expense ratio (net)7.73%1.56%
Prospectus net expense ratio7.73%N/A
Prospectus gross expense ratio7.73%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.44%
Max deferred sales loadN/A1.00%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A
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