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Asset Management

Master Limited Partnerships and the Search for Yield

The Legal Intelligencer

August 30, 2012

In today's investment climate, investors seeking income are facing tough challenges. Considering that U.S. 10-year treasuries are yielding less than 1.5 percent and most money markets are less than 0.5 percent, where is an investor to turn for income? Frequently, investors look at high-yield bonds and so-called "value" stocks (or stock funds) that focus on companies paying hefty dividends. Some investors turn to REITs, real estate investment trusts, for an additional source of income. This article discusses another type of investment that is often employed for yield: master limited partnerships (MLPs).

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