MLPEX Performance — Invesco SteelPath MLP Select 40 Fund, Class C
Data updated: 2026-07-28
MLPEX returned +20.12% year to date and +25.03% over one year to May 2026. Annualised returns are +26.04% over 3 years and +20.80% over 5 years. Against its Energy Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $200, against $195 for the category, and to $125 over one year, against $134. Volatility over the past three years was 13.00% a year. In the 12 months to May 2026 the fund lost a net $106.5M, and assets reached $2.33B.
MLPEX Growth of $100
What $100 invested in Invesco SteelPath MLP Select 40 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Energy Equity category average over the same months.
| Period | MLPEX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $125 | $134 |
| 3 years (Jun 2023 – May 2026) | $200 | $195 |
| 5 years (Jun 2021 – May 2026) | $257 | $274 |
| Since data start (Sep 2019 – May 2026) | $261 | $307 |
MLPEX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +20.12% |
| 1 year | +25.03% |
| 3 years (annualised) | +26.04% |
| 5 years (annualised) | +20.80% |
MLPEX Annual Returns
Calendar-year total returns of Invesco SteelPath MLP Select 40 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +20.12% |
| 2025 | +7.46% |
| 2024 | +29.82% |
| 2023 | +21.68% |
| 2022 | +20.85% |
| 2021 | +38.38% |
| 2020 | −25.82% |
| 2019 (Sep–Dec) | +3.10% |
MLPEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.9% | +8.4% | +2.0% | +4.1% | −3.3% | — | — | — | — | — | — | — |
| 2025 | +5.8% | +1.6% | +0.7% | −6.9% | +2.4% | +2.5% | −0.2% | +0.2% | −0.3% | −3.0% | +4.9% | 0.0% |
| 2024 | +2.8% | +3.8% | +4.5% | −0.3% | +2.0% | +2.7% | +0.8% | +1.8% | +0.3% | +0.9% | +13.1% | −5.1% |
| 2023 | +5.4% | −0.7% | −2.0% | +1.4% | −2.2% | +4.9% | +4.8% | +0.8% | +1.7% | +0.7% | +6.1% | −0.8% |
| 2022 | +8.0% | +2.8% | +3.5% | −0.4% | +5.4% | −13.0% | +10.8% | +1.8% | −9.4% | +13.2% | +1.9% | −2.3% |
| 2021 | +4.5% | +7.5% | +4.8% | +6.4% | +5.8% | +4.9% | −4.6% | −2.4% | +5.4% | +4.8% | −7.0% | +4.2% |
| 2020 | −7.8% | −13.7% | −48.5% | +45.0% | +10.5% | −5.4% | +1.7% | +2.7% | −12.0% | +2.5% | +21.3% | +4.5% |
| 2019 | — | — | — | — | — | — | — | — | +2.0% | −3.3% | −4.7% | +9.7% |
MLPEX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.00%
- 3-year Sharpe ratio: 1.66 (vs 4.5% risk-free rate)
- Best month: +13.09% (Nov 2024)
- Worst month: −6.85% (Apr 2025)
MLPEX Fund Flows
Monthly money in and out of Invesco SteelPath MLP Select 40 Fund, from SEC Form N-PORT.
- 12-month net flow: −$106.5M
- 12-month gross sales (incl. reinvestments): $414.9M
- Sales ÷ redemptions: 0.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $27.7M | $40.3M | −$12.7M |
| Apr 2026 | $32.1M | $124.3M | −$92.3M |
| Mar 2026 | $107.2M | $35.0M | $72.2M |
| Feb 2026 | $26.0M | $29.1M | −$3.0M |
| Jan 2026 | $30.4M | $32.6M | −$2.2M |
| Dec 2025 | $22.0M | $49.1M | −$27.1M |
| Nov 2025 | $29.8M | $34.6M | −$4.8M |
| Oct 2025 | $30.1M | $37.4M | −$7.3M |
| Sep 2025 | $22.9M | $38.7M | −$15.8M |
| Aug 2025 | $22.4M | $35.2M | −$12.8M |
| Jul 2025 | $29.7M | $38.6M | −$8.9M |
| Jun 2025 | $34.6M | $26.5M | $8.1M |
MLPEX Assets Under Management
Net assets of Invesco SteelPath MLP Select 40 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.33B |
| 2026-02-28 | $2.33B |
| 2025-11-30 | $2.04B |
| 2025-08-31 | $2.07B |
| 2025-05-31 | $2.06B |
| 2025-02-28 | $2.21B |
| 2024-11-30 | $2.19B |
| 2024-08-31 | $1.96B |
| 2024-05-31 | $1.89B |
| 2024-02-29 | $1.81B |
| 2023-11-30 | $1.76B |
| 2023-08-31 | $1.69B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.