“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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Strong economic growth and inflation are persistently driving the “great rotation” from growth stocks to cyclical stocks. Were it not for the historically low Treasury yields, which make stocks attractive by comparison, the
Interest rates are rising rapidly, ending a 40-year bond bull market and shifting the economy from deflationary to inflationary. Rising interest rates are replacing COVID-19 as the main factor driving global economies and
Heading into the second quarter, the US economy is rapidly strengthening with COVID-19 cases plummeting and vaccinations driving the US toward herd immunity. Further economic strength will come from the $1.9 trillion “CARES
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.
(Examples and presentations arriving soon.)