: Investors who want exposure to these yields without the K-1 paperwork often use funds like the Alerian MLP ETF (AMLP) . These ETFs issue a standard 1099-DIV and can be held in IRAs without UBTI concerns. Enterprise Products
: Widely considered the highest-quality MLP, Enterprise has a massive integrated network and has increased its distribution for 27 consecutive years. It carries a rare A- credit rating and generates stable, fee-based cash flow that is largely insulated from commodity price swings. 6 mlps to buy now
: Offering one of the highest yields among large-caps, Energy Transfer operates an extensive midstream network across North America. It is in its strongest financial position ever, with a leverage ratio at the low end of its target and enough cash to cover distributions by nearly 1.8 times. : Investors who want exposure to these yields
: Unlike typical stocks that issue a 1099-DIV, MLPs issue a Schedule K-1 . This form can delay tax filings and may require you to file in multiple states where the partnership operates. It carries a rare A- credit rating and