After climbing higher for much of the year, the Alerian MLP Index has paused, along with the broader market, for a welcome breather.
Investors should regard this pullback as an opportunity to add to or establish positions in our favorite MLPs.
We continue to favor these names for their above-average distribution yields and the market’s failure to appreciate the various levers that these blue-chip master limited partnerships (MLP) can pull to unlock value for unitholders.