Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Dist

Investment Risks

For complete information on risks, refer to the legal documents. The value of investments, and any income from them, will fluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. The Fund’s ability to track the benchmark’s performance is reliant on the counterparties to continuously deliver the performance of the benchmark in line with the swap agreements and would also be affected by any spread between the pricing of the swaps and the pricing of the benchmark. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. The Fund might be concentrated in a specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the Fund than for a fund that is more diversified. The value of equities and equity-related securities can be affected by a number of factors including the activities and results of the issuer and general and regional economic and market conditions. This may result in fluctuations in the value of the Fund. The fund might purchase securities that are not contained in the reference index and will enter into swap agreements to exchange the performance of those securities for the performance of the reference index.

Product description

The Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Dist aims to provide the total return performance of the Morningstar MLP Composite Index (the “Reference Index”), less the impact of fees. The fund declares and distributes dividends on a quarterly basis.

The Reference Index aims to provide representative, diversified exposure to US publicly traded energy master limited partnerships (MLPs). Each constituent is weighted by the dollar value of their annual distribution and is capped at 10%. The Reference Index targets the top 97% of MLPs by market capitalisation. It is calculated daily, rebalanced quarterly and reviewed semi-annually.

The fund aims to achieve its objective by holding a basket of equities, which typically delivers most of the fund’s return but ordinarily would not be the same as those in the Reference Index. The fund will also use unfunded swaps, which are contracts whereby one or more approved counterparties agrees to exchange with the fund any difference between the returns of the Reference Index and the basket of equities held. The aim is to achieve a closer and more consistent performance relative to the Reference Index than would generally be possible through physical replication alone.

This ETF is passively managed.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker MLPD
Bloomberg ticker MLPD LN
Bloomberg iNAV INMLPD
Reuters ticker MLPD.L
Reuters iNAV X226INAV.DE
WKN A1T96S
Valor 21426047
Sedol B6T6TR0
SIX Swiss Exchange
Trading currency USD
Settlement period T+2
Exchange ticker MLPD
Bloomberg ticker MLPD SW
Bloomberg iNAV INMLPD
Reuters ticker MLPD.S
Reuters iNAV X226INAV.DE
WKN A1T96S
Valor 21426047
Borsa Italiana
Trading currency EUR
Settlement period T+2
Exchange ticker MLPD
Bloomberg ticker MLPD IM
Bloomberg iNAV INMLPB
Reuters ticker MLPD.MI
Reuters iNAV X225INAV.DE
WKN A1T96S
Valor 21426047
London Stock Exchange
Trading currency GBX
Settlement period T+2
Exchange ticker MLPP
Bloomberg ticker MLPP LN
Bloomberg iNAV INMLPP
Reuters ticker MLPP.L
Reuters iNAV X228INAV.DE
WKN A1T96S
Valor 21426047
Sedol BBCR9S6
Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker SMLD
Bloomberg ticker SMLD GY
Bloomberg iNAV INMLPB
Reuters ticker SMLD.DE
Reuters iNAV X225INAV.DE
WKN A1T96S
Valor 21426047
Yield information (19 May 2022)
Distribution yield 6.82%

Key information

Bloomberg ticker MLPD LN
ISIN IE00B8CJW150
Benchmark BBG ticker MSMLPCT
Management fee 0.50%
Swap fee 0.75%
NAV (19 May 2022) $41.35
AUM $347,847,906
Base currency USD
Umbrella AUM (19 May 2022) $33,766,629,405

Costs may increase or decrease as result of currency and exchange rate fluctuations. Consult the legal documents for further information on costs.

The investment concerns the acquisition of units in a fund and not in a given underlying asset.

The Invesco Morningstar US Energy Infrastructure MLP UCITS ETF is not sponsored, endorsed, sold or promoted by Morningstar. Morningstar makes no representation or warranty, express or implied, to the owners of the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF or any member of the public regarding the advisability of investing in securities generally or in the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF. Morningstar’s only relationship to Invesco Markets plc and is Invesco Morningstar US Energy Infrastructure MLP UCITS ETF is the licensing of: (i) certain trade and service marks and names of Morningstar; and (ii) the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF which is determined, composed and calculated by Morningstar without regard to Invesco Markets plc or the Invesco Markets plc Irish UCITS ETF. Morningstar has no obligation to take the needs of Invesco Markets plc or the Invesco Markets plc Irish UCITS ETF into consideration in determining, composing or calculating the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF. Morningstar is not responsible for and has not participated in the determination of the prices and amount of the Invesco Markets plc Irish UCITS ETF or the timing of the issuance or sale of the Invesco Markets plc Irish UCITS ETF or in the determination or calculation of the equation by which the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF is converted into cash. Morningstar has no obligation or liability in connection with the administration, marketing or trading of the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF.

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco.