Key stats
About Invesco SteelPath MLP & Energy Infrastructure ETF
Home page
Inception date
Feb 20, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46090A6635
PIPE invests in master limited partnerships, MLPs, and securities from energy infrastructure companies. Investors consider MLPs for stable income and preferred tax treatment. PIPE targets MLPs and energy firms generating revenue from activities like gathering, processing, and transporting natural gas and oil. MLP exposure is capped at 25% of the fund's assets and are considered qualified publicly traded partnerships for tax purposes, tax deferred. The fund also invests in energy infrastructure companies with significant energy-related assets or income, with up to 40% of assets in foreign securities, primarily Canadian. The funds portfolio emphasizes companies with strong fundamentals, cash flow growth, and stable management, minimizing commodity price exposure. Holdings are adjusted based on changing conditions or risk-return profiles.
Related funds
Classification
What's in the fund
Exposure type
Industrial Services
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PIPE assets under management is 50.56 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PIPE invests in stocks. See more details in our Analysis section.
PIPE expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PIPE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PIPE pays dividends to its holders with the dividend yield of 4.54%.
PIPE shares are issued by Invesco Ltd.
PIPE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 20, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.