Invesco SteelPath MLP Alpha Plus Fund Class A (MLPLX) Alternatives
Invesco SteelPath MLP Alpha Plus Fund Class A (MLPLX) 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 MLPLX. 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 MLPLX
MLPLX charges 17.25% annually. Among mutual funds in the MLPs category, these options have the lowest expense ratios among MLPLX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Invesco SteelPath MLP Alpha Fund Class A | 1.54% | Mar 31, 2010 | MLPLX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | 1.75% | Dec 31, 2013 | MLPLX vs HMSFX | |
| Neuberger Berman MLP | 2.72% | Mar 26, 2013 | MLPLX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 2.90% | — | MLPLX vs TYG | |
| Invesco SteelPath MLP Income Fund Class A | 9.02% | Mar 31, 2010 | MLPLX vs MLPDX |
Best Risk-Adjusted Alternatives to MLPLX
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 | — | MLPLX vs TYG | |
| Neuberger Berman MLP | 67 | Mar 26, 2013 | MLPLX vs NML | |
| Invesco SteelPath MLP Select 40 Fund Class A | 54 | Mar 31, 2010 | MLPLX vs MLPFX | |
| ClearBridge Energy Midstream Opportunity Fund | 42 | Jun 10, 2011 | MLPLX vs EMO | |
| Invesco SteelPath MLP Income Fund Class A | 40 | Mar 31, 2010 | MLPLX vs MLPDX |
Top Performing MLPLX Alternatives (YTD)
MLPLX alternatives from the MLPs category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Neuberger Berman MLP | 25.95% | Mar 26, 2013 | MLPLX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 25.59% | — | MLPLX vs TYG | |
| ClearBridge Energy Midstream Opportunity Fund | 20.88% | Jun 10, 2011 | MLPLX vs EMO | |
| Invesco SteelPath MLP Select 40 Fund Class A | 20.14% | Mar 31, 2010 | MLPLX vs MLPFX | |
| Hennessy Midstream Fund Investor Class | 17.51% | Dec 31, 2013 | MLPLX vs HMSFX |
Lowest Volatility Alternatives to MLPLX
MLPLX 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 | MLPLX vs MLPDX | |
| Invesco SteelPath MLP Alpha Fund Class A | 16.71% | Mar 31, 2010 | MLPLX vs MLPAX | |
| Invesco SteelPath MLP Select 40 Fund Class A | 16.92% | Mar 31, 2010 | MLPLX vs MLPFX | |
| Hennessy Midstream Fund Investor Class | 19.31% | Dec 31, 2013 | MLPLX vs HMSFX | |
| ClearBridge Energy Midstream Opportunity Fund | 21.39% | Jun 10, 2011 | MLPLX vs EMO |
Lowest Drawdown Alternatives to MLPLX
MLPLX 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 | MLPLX vs MLPDX | |
| Invesco SteelPath MLP Select 40 Fund Class A | -14.55% | Mar 31, 2010 | MLPLX vs MLPFX | |
| Invesco SteelPath MLP Alpha Fund Class A | -14.80% | Mar 31, 2010 | MLPLX vs MLPAX | |
| Hennessy Midstream Fund Investor Class | -15.26% | Dec 31, 2013 | MLPLX vs HMSFX | |
| Neuberger Berman MLP | -15.72% | Mar 26, 2013 | MLPLX vs NML |
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 | MLPLX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 28 | -1.47% | — | MLPLX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | -13.54% | Jun 23, 2005 | MLPLX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 92 | 0.44% | Jul 18, 1983 | MLPLX vs OPGSX | |
| Invesco Comstock Fund | Large Cap Value Equities | 36 | -2.22% | Oct 7, 1968 | MLPLX vs ACSTX | |
| Invesco Global Fund | Global Equities | 9 | -13.35% | Dec 21, 1969 | MLPLX vs OPPAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 20 | -9.61% | Feb 3, 1988 | MLPLX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 56 | -1.20% | Aug 2, 1960 | MLPLX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 29 | -1.41% | Jul 28, 1997 | MLPLX vs VADDX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 76 | 3.20% | Jun 25, 2001 | MLPLX vs VVOAX |
Compare MLPLX with Any Fund or Stock
Compare MLPLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.