“There’s a measurable benefit to be had in these funds (closed-end funds), on the order of 5% to 12%,” says Tyson Halsey, head of Income Growth Advisors, an investment-management firm in Charleston, S.C. that specializes in MLPs. “Based on the funds’ reports of their net assets as of Nov. 30, I estimate that the change in tax rates will increase the per-share value of Kayne Anderson Energy Development by 5.2%, ClearBridge Energy MLP Fund and Tortoise MLP Fund by 6.5% each, Kayne Anderson MLP Investment by 10.8% and Tortoise Energy Infrastructure by 11.6%.”
“Tyson Halsey of Income Growth Advisors has been managing separately managed accounts made up of master limited partnerships for 15 years. He has weathered the ups and downs of the past two years to boast a 77% one-year return and a 1.7% three-year return, (including a 5% dip in February), in his latest letter to shareholders.”
“Unfortunately, most people who buy [royalty trusts] don’t realize that they tend to be depleting assets,” says Tyson Halsey of Income Growth Advisors, an investment firm in Charleston, S.C. “They end up being bad for retired people who think they are getting a fixed-income alternative.”
“When we last interviewed our next guest, about a year and a half ago, he was predicting that oil prices were bottoming and about to move higher. And he was right. The price moved from $38 a barrel up into the $50s. What does he think about the energy markets now?”
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MLPs offer historically high returns versus the S&P 500. MLPs offer high tax advantaged income generated from stable midstream energy companies. Midstream MLPs benefit from the growth of the US energy industry. Our Bespoken MLP Portfolio Profiles provide the five unique strategies investors typically prefer.
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The first quarter’s powerful rebound in US equities was driven by improving prospects of a comprehensive enforceable trade deal with China and a complete reversal of the Federal Reserve’s hawkish fourth-quarter policy and posture. With
February built on January’s sharp equity market rebound as the Federal Reserve affirmed its commitment to a neutral posture that would not jeopardize the economy’s health simply for the sake of monetary normalization. Further, progress
The S&P 500’s 8.01% January rally reversed December’s 8.80% loss driven by dovish Federal Reserve commentary and improved prospects for a trade dispute resolution between the US and China that calmed global recessionary fears. Tangible
What distinguishes MLPs from other income vehicles is their high and durable distribution growth.
Observe the power of compounding distribution growth through our portfolio case studies.
See how MLPs can provide vastly superior future income streams.
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