Dow gives back 0.2%. Watch these stock charts: NKE, S, CREE >>> READ MORE

3 High Yielding ETFs That Hit 52-Week Highs

ETF investors continue to search for yield, and these 3 hit the mark

      View All  

Yorkville High Income MLP (YMLP)

It only took a few weeks last May for YMLP to fall 6% in value. From some people’s perspective, it may be difficult to get excited about an investment where most of the annualized cash flow could be wiped out in a few weeks of rapidly rising rates. Then again, with $250 million in assets under management and a distribution yield of 8.9%, there are plenty of dollars chasing the pipeline possibility.

Perhaps surprisingly, YMLP recently hit a 52-week high. If rates manage to finish 2014 where I expect them to finish — with the 10-year at 2.75% — YMLP could see a modicum of capital appreciation to add to “junk-bond-like” cash flow. Keep in mind, I am not recommending that investors hold-n-hope for a particular outcome with this price sensitive investment; rather, I am pointing out that yield chasing has not evaporated in the wake of expert predictions that rates have to go higher.


YMLP 52 Week High

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC