Positive
Seeking Alpha
19 days ago
MLPX: Higher Dividends And Better Comps Make This Midstream ETF A Buy (Rating Upgrade)
MLPX invests in midstream energy companies, with good dividend yields, below-average energy price exposure. Share prices are flat YTD, valuations down, sentiment negative. Dividends have grown, with the fund yielding 4.9%. Although recent developments have been broadly negative for shareholders in the past, they present a buying opportunity for new investors.