Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / CEN - The CEF MLP Bloodbath: Assessing The Damage


CEN - The CEF MLP Bloodbath: Assessing The Damage

MLPs cannot get a bid. Since I warned to avoid these assets on March 20, they've slid further even as the broader market has recovered - as evidenced by the Alerian MLP ETF (AMLP):

(A similar decline is found in other MLP funds - this is not unique to Alerian).

While energy bulls can hold their unlevered MLPs without the fear of a margin call, energy-focused closed-end funds (CEFs), which gorged on leverage in the post-2014 low oil price years. And as a result, funds are scrambling to pay back loans as they

Read more ...

Stock Information

Company Name: Center Coast Brookfield MLP & Energy Infrastructure Fund
Stock Symbol: CEN
Market: NYSE

Menu

CEN CEN Quote CEN Short CEN News CEN Articles CEN Message Board
Get CEN Alerts

News, Short Squeeze, Breakout and More Instantly...