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 three-month, one-year, and three-year returns for the Alerian MLP Infrastructure Index (AMZI) for instances when the index has fallen by 15% or more on a total-return basis from relative peak to relative trough going back to 2011. This simplistic approach is meant only to provide context, not