you're assuming the distribution isn't going to grow, which we know it will, and apparantly at a greater pace than what we thought. 70 is a bit aggressive, but depending on cash flow, it's possible. If the DIV tax rate increases, MLPS are only going to be more desirable. close to 5% with usually no tax (before unit sales) is a lot better than 8% with a 40% tax hit.
Funds might go over to stock with great potential growth and a larger dist. i.e. my question in "question" comment. I check the funds and they are all invested in EPD but they are also growing their cash in LINE I want serious replys/comments.