Positive
Seeking Alpha
29 days ago
MLPA: Time To Get Defensive With Your Income Investments
Global X MLP ETF offers a 7.3% yield, low expenses, and diversified exposure to midstream MLPs, making it attractive for income investors. MLPA's structure avoids K-1 tax hassles, provides 100% return of capital distributions, and is especially tax-efficient for taxable accounts. Compared to leveraged CEF peers, MLPA is less volatile and safer in downturns, though it has underperformed over the past year but improved over five years.