|Bid||9.90 x 42300|
|Ask||9.93 x 38500|
|Day's Range||9.86 - 9.99|
|52 Week Range||8.27 - 11.41|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.21|
|Expense Ratio (net)||0.85%|
Five MLPs with Strong Total Return Potential(Continued from Prior Part)Moving averages Currently, the Alerian MLP ETF (AMLP) is trading at $10.02—on par with its 200-day moving average level. AMLP is marginally above its 50-day moving average
Five MLPs with Strong Total Return Potential(Continued from Prior Part)EQM Midstream Partners So far, EQM Midstream Partners (EQM) has risen ~6% in 2019. Analysts seem cautious about the stock. Analysts have given EQM Midstream a target price of
Five MLPs with Strong Total Return Potential(Continued from Prior Part)Enable Midstream Partners Enable Midstream Partners (ENBL) has a potential upside of 24% based on its median target price of $16.91. Currently, Enable Midstream Partners is
Five MLPs with Strong Total Return Potential(Continued from Prior Part)Energy Transfer Based on Wall Street analysts’ consensus estimates, Energy Transfer (ET) stock has a target price of $20.83 compared to its current market price of $15.43,
Five MLPs with Strong Total Return PotentialStrong upside potential After a fairly strong start, MLPs have been dull for the last few months. So far, crude oil has risen more than 40% this year, while the Alerian MLP ETF (AMLP) has risen
Executive orders aim to foster oil and gas permitting, but Trump's own trade policies also put kibosh on rapidly growing export markets. President Donald Trump's executive orders to speed up approvals of new oil and gas pipelines is no doubt welcome in an industry long plagued by regulatory delays.
Markets opened the second quarter of 2019 on an upbeat mood thanks to progress in trade talks, manufacturing revival in the United States and China, and hopes of a soft Brexit.
Where Cheniere Energy Stock Could Head from Here(Continued from Prior Part)Cheniere Energy Partners’ yieldCheniere Energy Partners (CQP), Cheniere Energy’s MLP subsidiary, is currently trading at a distribution yield of 5.6%, lower than its
U.S. energy development could be the single most important driver of economic growth in America over the next 25 years. The idea that the U.S. has become one of the largest oil and gas producers in the world will continue to drive investment and prosperity well beyond just the oil fields.Source: Shutterstock Capital expenditures and investments should continue to swell, resulting in numerous other industries thriving on demand for equipment and technologies to expand production and efficiencies. And the expansion will mean more jobs and rising consumer demand -- fueling the economy towards further growth. In November 2017, the International Energy Agency (IEA) issued a forecast that U.S. crude-oil production will soar to 17 million barrels a day by 2030 from the current 11.9 million barrels per day. And the U.S. Energy Information Agency recently forecast that the U.S. will become a net oil exported by 2021. Click to Enlarge Source: U.S. Department of Energy & Bloomberg Now, this is not without the risk of supplies threatening prices. But as we seem to see, even with lower crude prices in prior years of 2015-2016, shale field efficiencies continue to improve. This means the cost of lifting oil and gas out of the ground could be much lower than in the last decade. Aiding prices though is the continued proof of the Organization of Petroleum Exporting Countries Plus Russia (OPEC+) reducing production per their agreement. The proof comes from tracked shipping from member nations.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut while there are opportunities in the production or upstream segment of the market, there's another area that shows lower potential price and supply risk than producers. * 10 Best ETFs for 2019: A Close Race at the Front My favorite part of the energy sector, which enjoys a collection of stocks in my Profitable Investing model portfolios, is the pipeline and storage terminal business. These outfits operate a steady, utility-like "toll taker" business -- still sensitive to the price of oil and gas, but not to the same extent as a producer or refiner who buys or sells crude would be.And my favorite among the pipeline companies are master limited partnerships (MLPs). With their rich quarterly cash payouts and tax advantages, MLPs are a kind of "wealth in the ground" investment.However, there are certain tax complications if you own MLPs directly. Limited partnerships send you a K-1 form at tax time instead of the usual 1099 for dividends. The K-1 is a fairly straight-forward document that for a long time, many investors needed the help of a professional tax preparer to help place all the numbers in the right slots on their returns. However, most tax software programs these days make K-1 forms pretty much plug and play.Furthermore, I don't recommend holding individual MLPs inside a tax-sheltered retirement account. Because of a quirk in the tax law, Uncle Sam may deem part of your MLP earnings to be Unrelated Business Taxable Income (UBTI). Inside a retirement account (yes, even a Roth IRA), you'll owe income tax on any UBTI credited to you above $1,000 a year.The solution to both of these problems is to invest in MLP funds -- particularly closed-end funds, but also some open-end funds and exchange-traded funds (ETFs) that are not partnerships themselves, but corporations that invest in partnerships (and, as such, pay taxes, but at the reduced corporate level, as do most ETFs).One MLP fund that has been a longtime Profitable Investing favorite of mine is the Alerian MLP ETF (NYSE:AMLP), which delivers exposure to the Alerian MLP Infrastructure Index, a capitalization-weighted composite of MLPs in the storage terminal and pipeline businesses. AMLP is unleveraged and totally eligible for IRAs and will give you a shot at earning exceptional returns from a deeply undervalued market sector -- you're looking at nearly an 8% current yield from exposure to a multiple of leading U.S. MLPs.And over the past trailing year alone, the ETF has generated a total return of 18.12%. Click to Enlarge Source: Bloomberg The largest holding in AMLP is Enterprise Products Partners (NYSE:EPD), a holding in my flagship Total Return Portfolio, also acknowledged as one of the strongest and safest pipeline partnerships, and another MLP that increased its quarterly distributions on average by nearly 5% per year over the past five years (it has either maintained or increased them for more than 50 quarters in a row). And the stock is a particularly good bargain as it's trading at a mere 1.7 times trailing revenues and just a bit more than twice its book value, which, given the limitations for new construction, makes it even more compelling to own. * 7 Energy ETFs That Could Be Running Out of Fuel Another of the largest holding is Magellan Midstream Partners, L.P. (NYSE:MMP), a stock in my Incredible Dividend Machine income portfolio -- a superbly managed pipeline partnership with a rock-ribbed balance sheet that managed strong business momentum and a 12% increase in its payout over the past five years (a period of severe testing for the oil-and-gas industry). The company has wide operating margins at over 42%, making for great efficiency. And the debts are controlled at only 6% of assets.If you're an investor with a time horizon of three to five years, or longer, I think you'll be very pleased with the returns you chalk up on high-quality energy assets purchased at today's bargain prices in the Alerian MLP ETF.You'll be receiving a near 8% yield on your investment while you're watching your shares of the ETF appreciate in value as the U.S. petroleum market further develops and expands.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post Why Alerian MLP Is the High-Yield ETF Everyone Should Own Now appeared first on InvestorPlace.
What Has Limited Your Energy Portfolio Gains in Q1?(Continued from Prior Part)Correlation with US crude oilSo far in the first quarter, major energy ETFs had the following correlations with US crude oil active futures:the VanEck Vectors Oil
Will TC PipeLines Maintain Its Rally?(Continued from Prior Part)Short interestThe short interest in TC PipeLines (TCP) fell 22.7% to ~1.1 million shares on March 15. A fall in the short interest indicates that fewer investors expect the price of the
Analyzing Energy Transfer's Recent Indicators(Continued from Prior Part)Implied volatility Recently, Energy Transfer (ET) stock had an implied volatility of 23%, which is close to its 15-day average volatility. The implied volatility indicates
Analyzing Energy Transfer's Recent Indicators(Continued from Prior Part)Valuation Currently, Energy Transfer (ET) is trading at a forward EV-to-EBITDA multiple close to 11x based on the consensus earnings estimates for the next 12 months. The stock
Analyzing Energy Transfer's Recent IndicatorsBayou Bridge pipeline to start operationsOn March 26, Energy Transfer (ET) announced that the second phase of the Bayou Bridge pipeline is complete. The pipeline is expected to be operational by April 1.
Why 2019 Could Be a Strong Year for Williams Companies(Continued from Prior Part)Implied volatility On March 21, the implied volatility of Williams Companies (WMB) stock was 17%, lower than its 15-day average. Implied volatility represents investor
Why 2019 Could Be a Strong Year for Williams Companies(Continued from Prior Part)Dividend profile Williams Companies (WMB) declared a dividend of $0.38 per share last month, which is set to be paid next week. This payment indicates an annualized
Oil's Impact on Energy ETFs(Continued from Prior Part)Equity markets Among the energy ETFs, only the Alerian MLP ETF (AMLP) had a positive correlation with the S&P 500 Index in the past five trading sessions. AMLP had a correlation of 39.1%
The search for high-yield funds is not as difficult as it was in the past, especially if you are looking in the ETF universe. However, choosing the best high-yield ETFs in 2019 may prove to be a challenge in the current economic environment.When investors are looking for high yields, they are typically looking for income from investments. This income can come from dividend stocks, high-yield bonds or a combination of both. High-yield ETFs can conveniently package together a targeted selection of high-yield securities that share one particular objective or as a broad, and diverse range of holdings in one, low-cost portfolio.Investors looking for the best high-yield ETFs for 2019 are wise to consider several funds from different categories and then choose one or a combination that works best for their personal investment objectives and portfolio.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Top 7 Service Sector Stocks That Will Pay You to Own Them With that backdrop in mind, and in no particular order, here are the best high-yield funds for 2019 and beyond: Best High-Yield ETFs: Vanguard High Dividend Yield ETF (VYM)Source: Shutterstock 12-Month Yield: 3.1% Expenses: 0.06% or $6 annually for every $10,000 investedInvestors looking for income from a low-cost ETF will like what they see in Vanguard High Dividend Yield (NYSEARCA:VYM).VYM tracks the FTSE High Dividend Yield Index, which consists of about 400 stocks of companies that pay above-average dividends to investors. This combination of low expenses and high yield from dividends can make for an outstanding equity addition to an income-producing portfolio.Digging down into the portfolio composition, the fund's holdings are U.S. stocks, 90% of which are large-caps, and the greatest sector exposure is to financial services, consumer defensive and healthcare stocks. Top holdings include Johnson & Johnson (NYSE:JNJ), JPMorgan Chase (NYSE:JPM) and Exxon Mobil (NYSE:XOM). iShares iBoxx $ High-Yield Corporate Bond ETF (HYG)12-Month Yield: 5.3% Expenses: 0.49%If you want to add one of the most widely traded high-yield ETFs on the market, iShares iBoxx $ High-Yield Corporate Bond ETF (NYSEARCA:HYG).HYG tracks the Markit iBoxx USD High Liquid Index. To achieve the high yields, the average credit quality of the bonds in the HYG portfolio is below investment grade (mostly BB and B rated) and the maturities average around 4.3 years, which puts it in the intermediate range (between three and 10 years). * 7 Small-Cap Stocks That Make the Grade Although the low credit quality makes for higher market risk compared to the aggregate bond index, the intermediate term maturities reduce interest rate risk when compared to long-term bonds, which is especially important in a rising rate environment. SPDR Bloomberg Barclays High-Yield Bond (JNK)12-Month Yield: 5.6% Expenses: 0.49%If you don't mind taking a bit more market risk for a higher-yielding bond fund, SPDR Bloomberg Barclays High-Yield Bond (NYSEARCA:JNK) should be on your radar.As this high-yield ETF's ticker suggests, JNK invests in bonds with credit quality below investment grade, which are also known as "junk bonds." While these bonds don't come from the bottom of the junk pile, they are all rated below BBB, 85% of which are at BB or B ratings.To boost yields higher, as much as 15% of the portfolio consists of non-U.S. bonds and the maturities average intermediate-term. Best High-Yield Funds for 2019: VanEck Vectors High-Yield Municipal Index (HYD)12-Month Yield: 4.4% Expenses: 0.35%Investors with taxable accounts may want to consider the tax advantages of a fund like VanEck Vectors High-Yield Municipal Index (NYSEARCA:HYD).HYD tracks the performance of the Bloomberg Barclays Municipal Custom High Yield Composite Index, which consists of U.S. high-yield, long-term, municipal bonds that offer tax-free income. * 15 Stocks That May Be Hurt by This Year's Big IPOs Investors in high tax brackets may especially find this high-yield ETF attractive. After factoring in the tax-free income at the Federal level, the tax-effective yield is higher than the 4.4% Yield. Alerian MLP (AMLP)12-Month Yield: 8.3% Expenses: 0.85%ETFs that invest in master limited partnerships are some of the highest-yielding funds on the market and one of the best MLP funds is Alerian MLP (NYSEARCA:AMLP).MLP funds invest in master limited partnerships, which typically focus on energy-related industries. MLPs are similar to REITs in that they are "pass through" investment vehicles that don't pay tax at the entity level and are required to pay out most of their current income to investors. However, when purchased through an ETF, investors can avoid the headache of complex tax filings and enjoy the high yields without the extra complexities.AMLP holds just 23 stocks, such as Magellan Midstream Partners (NYSE:MMP), Plains All American Pipeline (NYSE:PAA) and Enterprise Products Partners (NYSE:EPD). Invesco KBW High Dividend Yield Financial ETF (KBWD)Source: Shutterstock 12-Month Yield: 8.1% Expenses: 2.42%If you're willing to pay high expenses and accept above-average market risk to get high yields, Invesco KBW High Dividend Yield Financial ETF (NYSEARCA:KBWD) may be the right fund for you.KBWD tracks the KBW NASDAQ index, which consists of more than 90% financial services and real estate stocks that pay consistent dividends. Most of the portfolio is concentrated in small- and mid-cap stocks, which makes for greater market risk compared to dividend funds that focus on large-caps. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% The fund only holds 40 stocks, which makes it more concentrated than most ETFs, but this is part of the strategy to get the most out of a handful of high-yield stocks like top holdings Orchid Island Capital (NYSE:ORC), New York Mortgage Trust (NASDAQ:NYMT) and BlackRock Investment Capital Corp (NASDAQ:BKCC). First Trust Preferred Securities and Income ETF (FPE)SEC Yield: 5.39% Expenses: 0.85%Investors wanting a diverse mix of holdings in a high-yield ETF should take a close look at First Trust Preferred Securities and Income (NYSEARCA:FPE).The first quality that sets FPE apart from most high-yield ETFs is that the fund is actively managed. While it makes the fund a bit more expensive than passively managed ETFs, the management team has put in a solid performance history with above-average returns.The portfolio assets include preferred and convertible securities, as well as corporate bonds and high-yield bonds. It makes it a solid addition for anyone looking for some high-yield ETFs to consider.As of this writing, Kent Thune did not personally hold a position in any of the aforementioned securities. Under no circumstances does this information represent a recommendation to buy or sell securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 7 of the Best High-Yield Funds for 2019 and Beyond appeared first on InvestorPlace.
What's behind Your Energy Portfolio Gains?(Continued from Prior Part)Correlation with US crude oilBetween March 7 and March 14, major energy ETFs had the following correlations with US crude oil April futures:the Energy Select Sector SPDR ETF
What to Expect from Enterprise Products Partners Stock(Continued from Prior Part)EPD’s distributable cash flow Enterprise Products Partners’ (EPD) DCF (distributable cash flow) for 2018 rose 34% over 2017. The significant rise in Enterprise
Energy Sector: Key Development Last Week(Continued from Prior Part)Energy sub-sector ETFs In the week ending March 8, major energy subsector ETFs had the following performances: The Alerian MLP ETF (AMLP) rose 0.1%. The VanEck Vectors Oil Refiners
Midstream Sector Indicators: Analyzing Key Trends(Continued from Prior Part)Fund flows in 2019 So far in 2019, the Alerian MLP ETF (AMLP), the InfraCap MLP ETF (AMZA), and the First Trust North American Energy Infrastructure Fund (EMLP) have seen net
What's Weakening Your Energy Portfolio?(Continued from Prior Part)Correlation with US crude oilOn February 28–March 7, major energy ETFs had the following correlations with US crude oil April futures:the Alerian MLP ETF (AMLP): 17.4%the SPDR