6 Mid Cap MLPs That Yield Over 6%: Recent Performance and Distribution Growth

MLPs are a growing asset class. There are a few giants in the business, but the middle-sized MLPs may be preferable because it is far easier for them to grow. The smaller companies often exhibit higher risk/reward characteristics. Simply put, a $3 billion-sized company goes up by 33% if another billion enters it, while a $20 billion-sized company would only go up 5% with that same billion dollar increase. Such an amount leaving, of course, would go down by the same percentages. That is a risk.There has been significant growth in interest for this asset class. This growth in interest is most notably by individuals at or near retirement age that need higher yield options in a low yield world. Several of these MLPs appreciated with the oil markets, and can be overvalued in the short term. Nonetheless, as more money comes into the MLP asset class in search... Read more