Collecting Huge Yields On A Double-Digit Rally (EPD, KMP, PAA, LGCY, EVEP, NWE, TGP, DPM, NGLS)

As of Thursday’s close a number of high-yielding master limited partnerships (MLPs) had soared higher by double-digits over the past month.

Income-oriented investors often look to MLPs for their high yields, but you don’t hear much complaining when the stocks shoot up by 10% or more in a month. The power of compounding cash payments in a bull market are huge, and select components of the MLPs Index are proving that in a big way.

Sorting the Index by one-month performance brings a number of lesser-known names to the top of the list. While Enerprise Products Partners (EPD), Kinder Morgan Energy Partners (KMP), and Plains All American Pipeline (PAA) have all turned in more than 5% gains in the past month, they pale in comparison to many of their high-yielding peers.

Perhaps the most impressive MLP over the last month is Legacy Reserves (LGCY). The Texas-based independent oil and natural gas company has shot higher by 14% for the period, and based on its current value, investors are earning a 9% annual yield on cash distributions. Meanwhile, EV Energy Partners (EVEP) has gained 11% for the period with a 9.2% annual yield, and Markwest Energy Partners (NWE) has added 12.5% in equity gains with an 8% yield.

Investors are also cashing in on Teekay LNG Partners (TGP), DCP Midstream Partners (DPM), and Targa Resources (NGLS). All three pay out more than 7.2% annual yields, and the stocks have shot up by more than 10% in the month leading to Thursday’s close.

The MLPs Index is consistently among tickerspy’s top-10 Indexes by ranked by yield with components dishing out an average 6.5% annually.

Investors can track the MLPs Index for performance trends and a suite of other metrics at tickerspy.com.

Tags: DPM, EPD, EVEP, KMP, LGCY, NGLS, NWE, PAA, TGP