See what your fund actually adds
Invesco SteelPath MLP Alpha Fund Class A MLPAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MLPAX | Replication |
|---|---|---|
| Annualized growth | 20.6% | 16.5% |
| Annualized volatility | 19.4% | 18.0% |
| Sharpe ratio | 1.07 | 0.94 |
| Maximum drawdown | 17.6% | 16.4% |
| Replication fit (R²) | 0.77 · Tracking error 9.3% | |
Replication portfolio
The published portfolio below is the investable basket used to model MLPAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLE | Sector · Energy | 52.3% |
| IGF | Sector · Infrastructure | 29.9% |
| XLF | Sector · Financials | 7.8% |
| BCI | Alternatives · Commodities | 6.1% |
| USMV | Factor · Min Vol | 3.9% |