Should You Invest in MLPs?
Master limited partnerships may hold appeal for income seekers, but mind their complexity and risks, says contributor John Waggoner.
Note: This article is part of Morningstar's November 2015 Income Investing Week special report.
The average oil and gas master-limited-partnership fund has been pumping mud this year along with the rest of the energy sector. But if you're investing for income, MLPs may offer plenty--if you choose the right ones.
John Waggoner does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.