Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE) is an actively managed exchange-traded fund focused on North American midstream energy infrastructure equities, including master limited partnerships (MLPs) and related corporations that provide gathering, processing, transportation, and storage services for natural gas, natural gas liquids, crude oil, and other hydrocarbons. The fund aims to deliver exposure to the midstream sector’s potential for current income through distributions and long-term capital appreciation, leveraging the SteelPath investment framework and an active management approach to select holdings.
Main products and services
Invesco SteelPath MLP & Energy Infrastructure ETF provides: an actively managed equity ETF that targets midstream energy infrastructure equities; exposure to a diversified portfolio of North American energy infrastructure companies and MLPs; distribution-focused income characteristics through holdings that generate fee-based midstream cash flows; periodic rebalancing and security selection guided by sector fundamentals, growth opportunities, and risk controls; transparent daily liquidity and tradability on major exchanges; regulatory compliance and disclosure aligned with U.S. ETF standards.
Latest major company changes
The fund launches as Invesco’s actively managed vehicle for SteelPath’s midstream expertise, introducing a dedicated ETF to access midstream energy infrastructure with an emphasis on accumulation of distributions and growth potential; strategic alignment with Invesco’s broader ETF platform to enhance access to midstream infrastructure through an active management framework; targeted product expansion to meet investor demand for income-oriented energy exposure; ongoing measurements of performance, risk, and cost efficiency within the ETF’s mandate.
Industry context and business segments
PIPE operates within the financial products industry, specifically exchange-traded funds offering targeted equity exposure to energy infrastructure; its investment strategy centers on midstream energy infrastructure operators, including gathering, processing, transportation, and storage entities; the fund participates in market segments related to public energy infrastructure equities, with a focus on entities that benefit from fee-based services and stable cash flow.
Geographic operations and markets
The fund provides exposure to North American energy infrastructure equities, with holdings comprising U.S. and Canadian-listed companies and partnerships; it serves global investors seeking U.S.-listed ETF access to midstream energy infrastructure assets; its operational scope includes fund administration, trading, and compliance within U.S. markets.
Founding year and headquarters
Invesco SteelPath MLP & Energy Infrastructure ETF is managed by Invesco and launched in 2025 as part of the Invesco ETF lineup; the primary administrative and distribution oversight is coordinated from Invesco’s U.S. headquarters.
Subsidiaries and parent relationships
The ETF is part of Invesco’s family of exchange-traded funds, leveraging the SteelPath brand’s midstream investing heritage; it operates under the umbrella of Invesco’s investment management and distribution framework, with advisory input from SteelPath personnel in its active management approach.
Notes
PIPE offers exposure to midstream energy infrastructure equities through an actively managed ETF, seeking a combination of current distributions and capital appreciation, supported by sector fundamentals and growth in data center demand and LNG exports. The fund is part of Invesco’s strategy to broaden access to energy infrastructure investments via an active ETF structure, and its top holdings frequently include major midstream operators to reflect the sector’s yield and growth dynamics.