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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (154691)8/3/2011 8:34:18 AM
From: Dennis Roth2 Recommendations  Read Replies (1) | Respond to of 206085
 
CS Take on MLPs
MLPs are Better than Cash
25 pages, 42 exhibits
Download Link: sendspace.com

MLPs are Better than Cash: Our CS Fixed Income Strategy Group lowered
its forecast for interest rates last week and now expects the 10 year treasury
to remain below 3.25% through 1H12 (US Interest Rate Strategy Focus).
Within this context, we believe MLPs present a sound investment
opportunity with yields having risen to 6.4% and 2Q11 distribution growth
averaging 4.8% (see exhibit 1 & 16). Broadly speaking, while an economic
slowdown may dampen MLPs’ growth prospects, their attractive yields
should provide downside support in a low-interest rate environment. Our top
picks remain: EPB, EPD, & NGLS.

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FUNDamental Insights
1 August 2011 ¦ 28 pages
citigroupgeo.com

In this report, we aim to provide investors with a regular update and our latest views
of the closed-end fund (CEF) sector.