Is mlpdx's parent pillar a good investment?

The Parent Pillar is our rating of MLPDX’s parent organization’s priorities and whether they’re in line with investors’ interests. Invesco SteelPath MLP Income A's recent fee hike drives a downgrade to this strategy's Morningstar Medalist Rating to Negative from Neutral. Fees are a weakness here.

How does mlpdx invest?

Under normal circumstances, the Fund invests at least 80% of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. No news for MLPDX in the past two years.

What happens if a fund changes its investments in MLPs?

Changes in the laws, regulations or related interpretations relating to the Fund’s investments in MLPs could increase the Fund’s expenses, reduce its cash distributions, negatively impact the value of an investment in an MLP, or otherwise impact the Fund’s ability to implement its investment strategy.