Kayne Anderson Energy Total Return (KYE)
Kayne Anderson Energy Total Return Fund (KYE) isn’t actually an MLP itself, but rather a closed-end fund that invests in them.
Shares of KYE bottomed out in the mid-$25 range, but with the rest of the big-cap MLP sector, it actually rallied back to the current downtrend line.
As a collection of the leading energy-related MLPs — some of which are underperforming — the shares need to find support before I’d recommend buying them.
Bryan Perry is the editor of Cash Machine, a newsletter focused on high-yield income investing with the goal of maintaining a blended total yield of 10% across two portfolios. Bryan is also the editor of Extreme Income, which uses the power of historically cheap money to create a leveraged “baby hedge fund” strategy that paves the way to massive profits and 4x greater income.