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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Stocks98.29%
Industrial Services80.21%
Utilities8.12%
Process Industries4.14%
Distribution Services3.83%
Energy Minerals1.98%
Bonds, Cash & Other1.71%
Mutual fund1.64%
Cash0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PIPE invests in stocks. The fund's major sectors are Industrial Services, with 80.21% stocks, and Utilities, with 8.12% of the basket. The assets are mostly located in the North America region.
PIPE top holdings are Williams Companies, Inc. and Targa Resources Corp., occupying 6.42% and 6.21% of the portfolio correspondingly.
PIPE last dividends amounted to 0.09 USD. The month before, the issuer paid 0.09 USD in dividends,
PIPE assets under management is 51.34 M USD. It's risen 11.24% over the last month.
PIPE fund flows account for 50.42 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PIPE pays dividends to its holders with the dividend yield of 4.38%. The last dividend (Sep 26, 2025) amounted to 0.09 USD. The dividends are paid monthly.
PIPE shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Feb 20, 2025, and its management style is Active.
PIPE expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
PIPE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PIPE invests in stocks.
PIPE trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.