Did I read correctly? That we are receiving units of NRGM as a special dividend .43 unit of ngrm for each unit of INRGY. plus the merger and it is ex-dividend today. At todays price of NRGM that would be a $9 dollar special dividend to INRGY unit holders
A little FYI........the majority of the MLP funds who own NRGY & NRGM are selling NRGY, and BUYING NRGM. Perhaps their contact sources may have provided some prior insight to this deal taking place. I own KYE & KMF (Kayne Anderson MLP Mid-Stream) in a Roth IRA. I follow and add selective single MLP investment new positions when they BUY or ADD, I buy to my brokerage account. Never a loser, returns have been great following their holdings. I view their other fund holdings to pick out buys to diversify across the energy sector. I consider them my personal insider, and a leader in the MLP fund sector with a first class set of energy analyst on staff.