Invesco SteelPath MLP Select 40 Fund Class A (MLPFX) Alternatives
Invesco SteelPath MLP Select 40 Fund Class A (MLPFX) 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 MLPFX. 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 MLPFX
MLPFX charges 10.29% annually. Among mutual funds in the MLPs category, these options have the lowest expense ratios among MLPFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Alpha Fund Class A | 1.54% | Mar 31, 2010 | MLPFX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | 1.75% | Dec 31, 2013 | MLPFX vs HMSFX | |
| Neuberger Berman MLP | 2.72% | Mar 26, 2013 | MLPFX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 2.90% | — | MLPFX vs TYG | |
| Invesco SteelPath MLP Income Fund Class A | 9.02% | Mar 31, 2010 | MLPFX vs MLPDX |
Best Risk-Adjusted Alternatives to MLPFX
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 | — | MLPFX vs TYG | |
| Neuberger Berman MLP | 67 | Mar 26, 2013 | MLPFX vs NML | |
| ClearBridge Energy Midstream Opportunity Fund | 42 | Jun 10, 2011 | MLPFX vs EMO | |
| Invesco SteelPath MLP Income Fund Class A | 40 | Mar 31, 2010 | MLPFX vs MLPDX | |
| Invesco SteelPath MLP Alpha Fund Class A | 34 | Mar 31, 2010 | MLPFX vs MLPAX |
Top Performing MLPFX Alternatives (YTD)
MLPFX alternatives from the MLPs category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Neuberger Berman MLP | 25.95% | Mar 26, 2013 | MLPFX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 25.59% | — | MLPFX vs TYG | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | 24.85% | Feb 6, 2012 | MLPFX vs MLPLX | |
| ClearBridge Energy Midstream Opportunity Fund | 20.88% | Jun 10, 2011 | MLPFX vs EMO | |
| Hennessy Midstream Fund Investor Class | 17.51% | Dec 31, 2013 | MLPFX vs HMSFX |
Lowest Volatility Alternatives to MLPFX
MLPFX alternatives from the MLPs category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Income Fund Class A | 16.15% | Mar 31, 2010 | MLPFX vs MLPDX | |
| Invesco SteelPath MLP Alpha Fund Class A | 16.71% | Mar 31, 2010 | MLPFX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | 19.31% | Dec 31, 2013 | MLPFX vs HMSFX | |
| ClearBridge Energy Midstream Opportunity Fund | 21.39% | Jun 10, 2011 | MLPFX vs EMO | |
| Neuberger Berman MLP | 21.79% | Mar 26, 2013 | MLPFX vs NML |
Lowest Drawdown Alternatives to MLPFX
MLPFX alternatives from the MLPs category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Income Fund Class A | -14.45% | Mar 31, 2010 | MLPFX vs MLPDX | |
| Invesco SteelPath MLP Alpha Fund Class A | -14.80% | Mar 31, 2010 | MLPFX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | -15.26% | Dec 31, 2013 | MLPFX vs HMSFX | |
| Neuberger Berman MLP | -15.72% | Mar 26, 2013 | MLPFX vs NML | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | -18.61% | Feb 6, 2012 | MLPFX 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 | MLPFX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 28 | -1.47% | — | MLPFX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | -13.54% | Jun 23, 2005 | MLPFX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 92 | 0.44% | Jul 18, 1983 | MLPFX vs OPGSX | |
| Invesco Comstock Fund | Large Cap Value Equities | 36 | -2.22% | Oct 7, 1968 | MLPFX vs ACSTX | |
| Invesco Global Fund | Global Equities | 9 | -13.35% | Dec 21, 1969 | MLPFX vs OPPAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 20 | -9.61% | Feb 3, 1988 | MLPFX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 56 | -1.20% | Aug 2, 1960 | MLPFX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 29 | -1.41% | Jul 28, 1997 | MLPFX vs VADDX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 76 | 3.20% | Jun 25, 2001 | MLPFX vs VVOAX |
Compare MLPFX with Any Fund or Stock
Compare MLPFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.