Invesco SteelPath MLP Alpha Fund Q1 2025 Commentary
2025-05-13 07:00:00 ET
Summary
- For the first quarter, master limited partnerships, as measured by the Alerian MLP Index, were up 10.71% on a price basis and returned 12.58% when including distributions.
- The S&P 500 Index lost 4.60% on a price basis and had a total return of -4.27%.
- During the quarter, 56% of midstream sector participants reported fourth quarter results in line with or better than consensus.
- We believe valuations remain attractive and fundamentals support expectations for cash flow growth.
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Invesco SteelPath MLP Alpha Fund Q1 2025 CommentaryNASDAQ: PGX
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