We are in the process of producing an "MLP series" for Marketplace subscribers and are sharing a truncated version of the third piece: An analysis of Magellan Midstream Partners, L.P. (MMP). The second component was an in-depth analysis of Enterprise Products Partners L.P. (EPD).
Outside of diversification, we include multiple stocks in our model portfolio's MLP sleeve because each provides a differentiated business model and risk profile. As a quick example, despite Magellan's position as the most conservative MLP in many facets, it will achieve approximately 1.35x distribution coverage in