Invesco SteelPath MLP Income Fund Class A (MLPDX) Alternatives
Invesco SteelPath MLP Income Fund Class A (MLPDX) belongs to the MLPs category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MLPDX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MLPDX
MLPDX charges 9.02% annually. Among mutual funds in the MLPs category, these options have the lowest expense ratios among MLPDX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Alpha Fund Class A | 1.54% | Mar 31, 2010 | MLPDX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | 1.75% | Dec 31, 2013 | MLPDX vs HMSFX | |
| Neuberger Berman MLP | 2.72% | Mar 26, 2013 | MLPDX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 2.90% | — | MLPDX vs TYG | |
| Invesco SteelPath MLP Select 40 Fund Class A | 10.29% | Mar 31, 2010 | MLPDX vs MLPFX |
Best Risk-Adjusted Alternatives to MLPDX
Among mutual funds in the MLPs category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Tortoise Energy Infrastructure Closed Fund | 72 | — | MLPDX vs TYG | |
| Neuberger Berman MLP | 67 | Mar 26, 2013 | MLPDX vs NML | |
| Invesco SteelPath MLP Select 40 Fund Class A | 54 | Mar 31, 2010 | MLPDX vs MLPFX | |
| ClearBridge Energy Midstream Opportunity Fund | 42 | Jun 10, 2011 | MLPDX vs EMO | |
| Invesco SteelPath MLP Alpha Fund Class A | 34 | Mar 31, 2010 | MLPDX vs MLPAX |
Top Performing MLPDX Alternatives (YTD)
MLPDX alternatives from the MLPs category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Neuberger Berman MLP | 25.95% | Mar 26, 2013 | MLPDX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 25.59% | — | MLPDX vs TYG | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | 24.85% | Feb 6, 2012 | MLPDX vs MLPLX | |
| ClearBridge Energy Midstream Opportunity Fund | 20.88% | Jun 10, 2011 | MLPDX vs EMO | |
| Invesco SteelPath MLP Select 40 Fund Class A | 20.14% | Mar 31, 2010 | MLPDX vs MLPFX |
Lowest Volatility Alternatives to MLPDX
MLPDX alternatives from the MLPs category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Alpha Fund Class A | 16.71% | Mar 31, 2010 | MLPDX vs MLPAX | |
| Invesco SteelPath MLP Select 40 Fund Class A | 16.92% | Mar 31, 2010 | MLPDX vs MLPFX | |
| Hennessy Midstream Fund Investor Class | 19.31% | Dec 31, 2013 | MLPDX vs HMSFX | |
| ClearBridge Energy Midstream Opportunity Fund | 21.39% | Jun 10, 2011 | MLPDX vs EMO | |
| Neuberger Berman MLP | 21.79% | Mar 26, 2013 | MLPDX vs NML |
Lowest Drawdown Alternatives to MLPDX
MLPDX alternatives from the MLPs category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Select 40 Fund Class A | -14.55% | Mar 31, 2010 | MLPDX vs MLPFX | |
| Invesco SteelPath MLP Alpha Fund Class A | -14.80% | Mar 31, 2010 | MLPDX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | -15.26% | Dec 31, 2013 | MLPDX vs HMSFX | |
| Neuberger Berman MLP | -15.72% | Mar 26, 2013 | MLPDX vs NML | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | -18.61% | Feb 6, 2012 | MLPDX vs MLPLX |
Other Mutual Funds from Invesco
Most popular Invesco mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 48 | -8.99% | Oct 13, 2020 | MLPDX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 28 | -1.47% | — | MLPDX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | -13.54% | Jun 23, 2005 | MLPDX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 92 | 0.44% | Jul 18, 1983 | MLPDX vs OPGSX | |
| Invesco Comstock Fund | Large Cap Value Equities | 36 | -2.22% | Oct 7, 1968 | MLPDX vs ACSTX | |
| Invesco Global Fund | Global Equities | 9 | -13.35% | Dec 21, 1969 | MLPDX vs OPPAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 20 | -9.61% | Feb 3, 1988 | MLPDX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 56 | -1.20% | Aug 2, 1960 | MLPDX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 29 | -1.41% | Jul 28, 1997 | MLPDX vs VADDX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 76 | 3.20% | Jun 25, 2001 | MLPDX vs VVOAX |
Compare MLPDX with Any Fund or Stock
Compare MLPDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.