According to Deutsche Bank, MLPs are in for a positive year ahead, reports Michael Aneiro for Barron’s.
“We continue to expect investors to favor MLPs in 2013 based on the growth inherent in the $30 billion in organic capital expenditures that are building new infrastructure and the delivery of distribution growth of about 7% on top of the current 6.7% yield,” Deutsche Bank analyst said. “We also view the MLPs as well positioned for upside within the confines of tax-related issues and the current fiscal debate.”
Some other MLP funds include:
- JP Morgan Alerian MLP Index ETN (NYSEArca: AMJ): 5.35% 12-month yield; up 8.4% over the past year
- Alerian MLP ETF (NYSEArca: AMLP): 6.24% 12-month yield; up 4.9% over the past year
- Cushing 30 MLP Index (NYSEArca: MLPN): 5.73% 12-month yield; up 6.8% over the past year
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Max Chen contributed to this article.