Alerian MLP ETF

  • Which of These MLPs Is a Bargain?

    By Sarfaraz Khan - July 2, 2013 | Tickers: AMLP, EPD, WES

    The midstream arm of Anadarko Petroleum, Western Gas Partners (NYSE: WES) and midstream energy firm Enterprise Products Partners (NYSE: EPD) have formed a joint venture for two natural gas liquid, or NGL, fraction trains. Both of these energy infrastructure firms will become bigger and better in the coming years on the back of the U.S. oil and gas boom. Although I am bullish on these two firms, Enterprise Products more »

  • The Sector to Avoid if You Sold Your Bonds for Higher Yielding Stocks

    By Justin Carley - May 20, 2013 | Tickers: AMLP, KMI, OKS

    Using dividend stocks as a proxy for fixed income has been gaining traction as pundits continue to call for an imminent collapse in the “bond bubble.” Many investors have been, or are considering, selling their fixed income assets and buying dividend stocks because they have a fear of rising interest rates. On the surface this isn’t a horrible idea and will likely produce excess returns for those willing to more »

  • Last Yield Standing

    By Victor Lai - May 9, 2013 | Tickers: AMLP, AMJ, YMLP

    For those living off fixed income, the current interest environment is, to say the least, quite unsavory.  Extending out to 30 years on the Treasury curve only fetches a paltry 3% (and a taxable 3% at that).  This has interest-starved investors loading up on junk bonds and leveraging up bond portfolios (risk parity anyone?).  Yet, both of those approaches may be ill-timed based on current interest rate levels. 

    Another choice more »

  • Finding Yield in a Yield Free World: Midstream MLP’s

    By Peter Pham - March 31, 2013 | Tickers: AMLP, BWP, CMLP, PAA

    Master limited partnerships (MLPs), particularly those related to the midstream oil and gas sector, have become a popular form of investment vehicle due to their distinctive structure, relatively high yield in a near-zero interest rate environment and unique tax benefits. However, some investors avoid MLPs due to their complex tax filing needs and instead prefer investing in exchange traded funds (ETFs) that are comprised of MLPs. This option has its more »

  • 3 Ways to Profit from the U.S. Debt Crisis that Wasn't

    By Justin Carley - February 22, 2013 | Tickers: AMLP, BP, EXC, RDS-A, TOT

    The biggest and most overblown fear factor circling the economy these days is that the U.S. faces a looming and inevitable debt crisis that will rival that of Greece.  Interest rates will soar and the depression will start.  Barron’s recent cover, “Next Stop, Greece” pumps up this false fear to unbeknownst investors.  Don’t fall prey to these false claims.  They have been ongoing for decades and will continue to go meritless in the next decade as well.  In fact, it is likely that interest rates will continue to hug the zero bound for longer than many anticipate.  At some point there will be some interest rate normalization- a real risk to both stocks and bonds- but this will likely come later than many expect.  Given the resilience in the U.S. economy many are wondering if the FED will raise rates sooner than 2015.  Don’t count on it.  Below are three industries poised to outperform amid continued low interest rates.

  • Apple Fiasco Proves That Fixed-Income Could Blow Up

    By Chris Marasco - February 13, 2013 | Tickers: AMLP, AAPL, JNK | Editor's Choice

    If Wall Street Journal columnist Rolfe Winkler is right, then investors seeking “safety” could be on the verge of losing billions of dollars.

    “Mr. Einhorn’s move might be the clearest signal yet that the bull market in fixed-income and high-yielding securities is well into bubble territory,” writes Winkler.

    To me, the fixed-income marketplace appears to be overheating.  There certainly could be more upside, but I see four distinct areas more »

  • Why You Should Sell your Bonds for the Safety of MLPs

    By Justin Carley - November 28, 2012 | Tickers: AMLP, MPC, MPLX, PAA

    Investors continue to dive head first into bond funds on the assumption that consistent positive returns are inevitable.  According to the Investment Company Institute, more than $290 billion NET dollars have made their way into long-term bond funds this year.  In contrast, more than $110 billion NET dollars have been withdrawn from total equity funds.  This situation has lasted longer than many anticipated and to some degree has held back more »

  • Dividend Seekers - Beware!

    By Shmulik Karpf - November 15, 2012 | Tickers: AMLP, NLY, YMLP

    With investors forced to accept extremely low yields on their fixed income products, many investors hungry for yield are beginning to explore new fields of investment. One field that is worth mentioning is the Master Limited partnerships, or MLPs. A master limited partnership (MLP) is a publicly traded limited partnership. Shares of ownership are referred to as units. MLPs generally operate in the natural resource, financial services, and real estate more »

  • 2 Stocks that Make Bond Investors Look Foolish

    By Justin Carley - May 31, 2012 | Tickers: AMLP, BWP, EPB, EPD, L | Editor's Choice

    Natural gas prices are up 45% from their April low!  Is this the start of the coming surge that just had to happen ever since the price broke below $5, $4, $3, $2?  Not likely.  I detailed in a mid-April piece to stay clear of E&P companies with heavy reliance on natural gas.  It is still early and the context was based on a time horizon on two or more »