Question for MLP Guru's:
Does anyone follow the Alerian MLP Index (amz).
I'm somewhat mystified why the index has dropped 41 points from its high of $471 on 05-22-13.
Looks like ALL mlp's are down the past 2 months. Could be due to gov't. cut backs?
Why pump mlp's for treasury bonds?
There is no indication MLPs would lose their tax status, so this is all just idle speculation on your part. Most MLP analysts consider any change to the tax status to be very unlikely (though you never know what congress might do).
Taper talk is the clear reason why yield assets have underperformed in the last few months and we don't need to invent additional reasons.
It's due to spiking interest rates since the Fed started their taper talk.
That along with the usual post distribution doldrums.
A good source is to read the mlpguy blog each week where he discusses the week's action in mlps and factors causing it.