BPAQF - FMO: A High Yielding Midstream Fund If The New Distribution Is Sustainable

• Midstream companies have long been favorites of income investors due to their high yields and stable cash flows.
• FMO invests in a decent portfolio of midstream MLPs but it is a bit too heavily weighted to crude oil for my liking.
• Midstream fundamentals are quite strong, particularly in the natural gas space, as demand for resources grows in the coming years.
• The fund appears to be over distributing to its investors so we have to see if this new distribution proves better.
• The price is reasonable currently.

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