The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Targa Resources Corp (NYSE:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NYSE:AM).
The investment seeks total return.
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in master limited partnership (MLP) investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources, and in derivatives and other instruments that have economic characteristics similar to such securities.
The average market capitalization across the Invesco SteelPath MLP Select 40 R6 MF is 15.97B. The market cap for tickers in the group ranges from 791.22M to 57.82B. EPD holds the highest valuation in this group at 57.82B. The lowest valued company is WLKP at 791.22M.
The average weekly volume growth across all stocks in the Invesco SteelPath MLP Select 40 R6 MF was 245%. For the same stocks of the MF, the average monthly volume growth was -14% and the average quarterly volume growth was -13%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 16
P/E Growth Rating: 54
Price Growth Rating: 39
SMR Rating: 50
Profit Risk Rating: 44
Seasonality Score: 48 (-100 ... +100)