The Kayne Anderson MLP/Midstream Investment Company (KYN) has generated YTD returns of -3.5%. The fund offers a yield of ~10.1% and has $3.3 billion of assets under management. The fund has 73% of its portfolio invested in midstream MLPs, 25% in midstream companies, 1% in MLP GPs (general partners), and 1% in shipping MLPs.
Tortoise Energy Infrastructure
ClearBridge Energy MLP Fund
ClearBridge Energy MLP Fund (CEM) has generated YTD returns of -4%. The fund has $1.5 billion of assets under management and yields ~9.8%. EPD, ETP, and ONEOK (OKE) are the fund’s top three holdings, accounting for ~25.7% of its portfolio.
The Tortoise MLP Fund (NTG) and the First Trust MLP and Energy Income Fund (FEI) have generated YTD returns of -5.7% and -13.3%, respectively. NTG and FEI have dividend yields of 10.5% and 9.6%, respectively. The Tortoise MLP Fund invests 82% in MLPs and 15% in midstream c-corporations or LLCs.
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