Alerian MLP ETF

AMLP-N

US Pipelines. This is a candidate for tax loss selling. He expects more pressure between now and mid-December and then it will be a good buy.

There is a risk of tax loss harvesting on this ETF. He is not at his limit in this position yet. It is the best way to harvest yield and play US energy in a defensive way.

(A Top Pick Oct 16/18, Down 9%) The yield is about 8% and it is well supported. Stick with the dividend on this one.

(A Top Pick Aug 07/18, Down 12%) A commodity down turn impacted this. Pipes and mid-stream assets in the Permian, where there is still some good tailwinds. He continues to own it. No fundamental reason to step away. Pays an 8% dividend.

He bought it for the 8% yield, not growth. He expects it to stay within $9-11 for the next five years. He sells in the upper range and buys back in the lower.

The master limited partnership trust. The yields are very high because they pay all the yields of the holdings out. We will be very well supplied in the US for oil. Sell at $11 and collect 6-7% for Canadians in yield after tax.

This is highly correlated to the energy sector. He owns a lot of this. This could hit $11 if the oil price continues to surge. He's been accumulating this at lower prices and will reduce his exposure towards that level--and doesn't expect the price to break out. Warning: this is a very sensitive sector, meaning it will underperform during a market pullback. This stock is more a trade than an investment.

A U.S. pipeline? The US has a better regulatory environment than Canada. He's not famliar with US pipeline names. AMLP pays around 8% dividend. He's long owned this. It bounced back well after December. Caveat: this is American, so you benefit from Canadian taxation rules.

He likes the the oil midstreamers. This trades sideways but you get a high single-digit yield. They have the pricing power with pipeline constraints and rising oil prices.

He likes midstream and pipe sector in the US -- shale is booming. He likes the yield, but wouldn't defend it on that alone. He added to it recently as energy demand is improving.

Cautious about energy. Constrained capacity, demand is holding up globally, OPEC making the right noises in Saudi. Definitively a more conservative play. Stock price has gone down with the market. Market performer with a great yield at 8.3%. Fundamentals really are well supported here.

Once the dividend gets above 6-8% it is a red flag bit in pipeline trusts, almost none of the tax is paid at the corporate level and profits are passed on to the investor and that is why the yields are so high. US pipelines are full for years and years to come. This is a low risk way to play US pipelines.

Mid–stream and pipes. He thinks oil will be higher in 12 months. Pipelines capacity is constrained. Global growth continues. They have pricing power. You need oil to work.

It is the pipeline sector in the US. The yield is north of 8%. He likes it. He accumulated a lot of it under $11. It is now very attractive down here. There is not huge growth here. It will just trade in a range. The yield is very sustainable.