Our view on the impact of the changes on master limited partnerships.
Over long-term periods, MLPs have not meaningfully correlated with interest-rate moves.
A growing number of MLPs are taking action to eliminate incentive distribution rights.
Investors with near-term goals may want to consider strategies with less downside risk.
Industry fundamentals indicate improving growth potential for the U.S. energy sector.
The fundamentals of midstream MLPs remain strong and aren't tied to oil prices long term.
Seeking refuge during periods of distress through broad diversification and low volatility.
Retailers are discovering that, to compete today, they need to do more with less.
MLPs and Midstream operators are likely to benefit from normalizing energy markets.