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Strategies & Market Trends : Dividend investing for retirement

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To: LTBH who wrote (5456)8/16/2010 9:54:44 PM
From: Steve Felix  Read Replies (1) of 34328
 
I've looked at that MLP before and the only thing I can see that would have caused the high UBTI is their hedging. Looks like they gambled and won. If someone knows otherwise I'd appreciate knowing.

At the same time, Miller holds these as of the last quarter. No doubt they owned many of the same last year and stated they had no problems with UBTI.

Enterprise Prods Ptns 15.2%
Kinder Morgan En. Ptns 12.4%
Plains All Amer. Pipeline 6.4%
Energy Transfer Partners 6.1%
Energy Transfer Equity 5.6%
Regency Energy Ptns 5.1%
Williams Partner 4.8%
Magellan Midstream Ptn 4.5%
Linn Energy LLC 4.1%
Kinder Morgan Mgt 4.0%

Besides what you said before about their UBTI, I've never gotten past their numbers.

Profit Margin (ttm): -20.01%
Operating Margin (ttm): -9.78%
Net Income Avl to Common (ttm): -13.39M
Levered Free Cash Flow (ttm): -169.46M
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