Tag: master limited partnerships

Tortoise in FundFire

MLP Manager Attracts Strong Flows Despite Market Plunge Master limited partnerships (MLPs) have taken a beating since September last year, swept up in the energy industry turmoil caused by the plunge in crude oil prices. MLP manager Tortoise Capital Advisors has seen its assets under management dragged down with the market, but the firm has […]

Tortoise in Barron's

Wild Swings Buffet MLP Investors Many factors contributed to the 26% drop in these energy infrastructure companies over the past year. Unfortunately those factors aren’t going away any time soon. By Amey Stone Master limited partnerships (MLPs) have long been prized by income investors for their attractive yields, favorable tax treatment, and relative stability. But […]

Tortoise in Barron's

DESPITE THE FLURRY, these deals aren’t an indictment of MLPs in general and don’t make sense for that many companies. “It’s a unique situation for a limited number of MLPs that are very mature,” says Matt Sallee, a portfolio manager at Tortoise Capital Advisors, an energy-investing specialist. Individual investors may have reason to be disgruntled, […]