“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?”
“Calumet Specialty Products Partners, LP (CLMT) is a MLP turnaround opportunity which has a real chance of reinstating its distribution and doubling in price in the next twelve months.”
Specialists In Portfolio Construction
Exceptional income generation through astute and innovative MLP strategies.
Bespoken MLP Portfolio Profiles
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.
Click on a Bespoken MLP Portfolio Profile to learn more.
Latest Monthly Newletters
Learn more about our market perspective on MLPs.
Browse through our recent monthly articles.
The Greater Fool Theory and Jenga Mirror Today’s Market
Current market valuations are extreme, but overvaluations can persist for long periods before a market peaks. Today, several negative factors are increasingly weighing on the market, while the benefit of the economic recovery
Major Warning Signs Point to Market Top
The US stock market is forming a major market top. Valuation measures, price charts, decelerating earnings in leading tech stocks, broad-based margin deterioration, inflation, rising interest rates, and rising taxes are increasingly weighing
Delta Variant Pauses Reflation Cycle
COVID-19 is still the leading global market factor Rising interest rates pause with Delta Variant Great Rotation could drive 800% outperformance Inflation could torpedo benign interest rates Natural Gas is
Representative MLP Holdings
Read more about the MLP businesses we invest in.
(Clicking on an MLP logo opens a new page.)
