ET - FMO: Earn A High Yield In The Midstream Space With This Solid Fund

• The midstream sector has long been a favored sector for those seeking income and it has recently begun to recover.
• FMO invests in some of the best names in the sector, although it does not have the diversification that I would really like to see.
• The future of the midstream sector is quite bright as growing wealth and climate change fears drive growth of fossil fuels, particularly natural gas.
• The fund easily covered its distribution during the most recent period and looks much more sustainable now.
• The fund is trading at a reasonably attractive valuation.

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