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Bond Kings Gundlach and Gross on Investing, Not Invective

Por: MarketWatch Business September 16, 2023

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Gross said that 40% of his stock portfolio is in master limited partnerships, which mostly own oil and natural gas pipelines and typically pay hefty dividends. The exchange-traded fund yielded 7.9% over the past 12 months, while a Gross holding, , has a nearly 9% dividend yield. Investors can also defer taxes on distributions until the MLP is sold, he noted. That can be a long time. MLPs come with a warning. They were hot in 2014, when energy... + full article



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