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SPMJX Mutual Fund Price & Analysis

The Invesco SteelPath MLP Alpha Plus Fund Class R (SPMJX) is a mutual fund that focuses on investing in master limited partnerships (MLPs) in the energy infrastructure sector. This fund aims to provide investors with long-term capital appreciation by selecting MLPs with strong growth potential and attractive valuations. The "Alpha Plus" in the fund's name suggests that it seeks to outperform its benchmark index through active management and strategic investment decisions. As a Class R fund, it is designed for retirement accounts and has a lower expense ratio compared to other share classes. Overall, SPMJX offers investors the opportunity to gain exposure to the energy sector and potentially benefit from the growth of MLPs.

SPMJX Mutual Fund Chart & Stats

SPMJX Mutual Fund Smart Score

10
Outperform
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10
Learn more about TipRanks Smart Score
For Mutual Funds, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the Mutual Fund's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual Mutual Fund ticker.​

Top 10 Holdings

Name
Weight %
Energy Transfer Equity
18.81%
MPLX LP
18.31%
Targa Resources Corp.
15.88%
Western Midstream Partners, Lp
14.76%
Enterprise Products Partners
12.37%
Oneok Inc
9.48%
Plains All American Pipeline
9.03%
Sunoco LP
6.73%
Williams Companies
6.25%
Cheniere Energy Inc.
4.44%
Total116.06%

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