Reported about 1 month ago
Billionaire Bill Gross advocates for investing in master limited partnerships (MLPs) such as Enterprise Products Partners and Energy Transfer, citing their higher yields and favorable tax advantages over traditional pipeline companies like Kinder Morgan and Williams. Although MLPs have complexities like annual K-1 tax forms, they offer stronger growth potential and steady dividend distributions, making them an attractive long-term investment for income-seeking investors.
Source: YAHOO