Petr Message Board
-
Oil & Gas fund with 5% yield
I like the fund AMJ which has a good group of oil and gas stocks and has a yield of 5%. Also, the fund is the pick of the year on the following site. If you look at the past performance of AMJ, it had a pull back with the gulf oil spill, but it is now moving higher. I like the dividend yield over PBR. And AMJ should move higher if PBR does turn around.
http://tradestockspicks.wordpress.com/-
I see PBR is strating to move back up in price. So is AMJ.
- 1 Reply to ob1sson
-
AMJ and PBR moving up together. AMJ has a nice dividend, you might want to look into it.
-
Here is more info from the J. P. Morgan website on their ETN for the oil and gas MLPs:
http://www.jpmorgan.com/pages/jpmorgan/investbk/solutions/sp/etn/amj -
thanks for the info ob1sson/
-
cool. my bad.
-
I own Kinder Morgan Partners (KMP) which is contained in AMJ. I am looking for stocks and ETFs with high dividend yields. AMJ might work with the big dividend.
- 2 Replies to flytop32
-
I am a big fan of the mid-stream NG MLP... so go with KMP, MMP, PAA, ETP, etc.
These companies have high yields (above your 5%), are required to distribute profits to the partners (which they do with no taxation at the corporate level, i.e. tax-advantaged), operate as quasi-monopolies (how many pipelines do you have running from any point A to any point B?), with long term contracts, in a growing industry (NG is a growth industry in the USA and world-wide) and without the pricing, cost and operational risks of E & P.
If you are an income investor, what is not to like? -
With AMJ's dividend, I think AMJ will outperform PBR.
-
Gee is there anyway I can send you my money so I can get some more of this amazing information?
- 2 Replies to hirsute_123
-
any info is better than no info, what do you recomend ?
-
BTE has been a winner
-