Institutional Investors Take a Close Look at MLPs 2.0

In recent years master limited partnerships (MLPs) have been transitioning to what’s become known as the “MLP 2.0 model,” broadly defined by self-funding, capital discipline, and balance sheet strength. It is a long-overdue improvement for the asset class that has led institutional investors to take a new look at these vehicles.

MLPs Keep Tax-Favored Status Under New Law

Despite some concerns about preliminary versions of the tax overhaul bill last year, investors in master limited partnerships (MLPs) fared well at the end. Under the old and new tax code, the pass-through nature of MLPs protects investors from double taxation; income is only taxed at the investor’s individual tax rate. The new tax law […]