Capital Product Partners, LP (CPLP)
Another highly attractive energy MLP is Capital Product Partners, LP (CPLP). Formed in 2007, Capital Product Partners is an international diversified shipping company. It’s involved in seaborne transportation of oil, refined oil products and chemicals as well as dry cargo and containerized goods, and it offers medium- to long-term, fixed-rate time and bareboat charters.
CPLP can be a bit more volatile, so it’s not an appropriate place for my steady, income strategy in Cash Machine — at this time.