MIE News and Press, Cohen & Steers MLP Income and Energy Opportunity Fund Inc. From 04/16/20

While Alerian's research has almost exclusively focused on midstream energy infrastructure, today's note takes a broader look at infrastructure, comparing global listed infrastructure with energy infrastructure in terms of investment characteristics and recent performance. What does global l...

Originally published on April 11, 2020 By Brian Watson, CFA, Senior Portfolio Manager The midstream sector takes proactive steps to weather the recent volatility. March MLP performance reflected the unprecedented combination of significant and abrupt crude oil demand dest...

Past performance does not mean anything for future performance as practically every piece of financial collateral will remind you. However, it can be informative to look at historical MLP sell-offs to get a sense for how the space has recovered in the past. Today's note examines the forward th...

(The following is our weekly commentary published each Sunday evening to our members. This is from April 12th, 2020) Macro Picture Stocks again recorded one of their best weekly gains on record as investors saw encouraging trends in the virus spread data. The flattening of the curve is...

It is no surprise to many of my followers that we have been bearish on energy and CLOs. The risk for the amount of return in the two areas of the market were far too great. For master limited partnerships ("MLPs"), they are an extension of the energy complex and we believe they are a flawed st...

Author's note : This article was released to CEF/ETF Income Laboratory members on March 30, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements...

NEW YORK , April 7, 2020 /PRNewswire/ -- Over the last month, Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE), the "Fund", has reduced its leverage following a period of extreme volatility and price depreciation in the market for master limited partnerships (...

March was a historically tough month for midstream given the start of an oil price war and continued coronavirus uncertainty that together have lowered equity valuations in the space. While uncertainty remains, investors may be seeking further clarity on midstream investment considerations, in...

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 hol...

Originally published on 04/03/20 Given the staggering 58.5% year-to-date drop in oil prices to $25.32 per barrel (bbl) as of yesterday, investors have begun to compare the current energy environment to the downturn from 2014 to 2016. For context, additional supply from OPEC drove WTI crude...