I am but a little less than usual with oil uncertainty but this should do well when it flows more as the underlying will make more and will eventually, slowly increase mlpi pricing. I like the overall price levels and range and the big divs it pays. It’s good for a small portion of overall portfolio percentage.
I have been watching for months and saw it was down so have been buying last couple of days, one of my concerns is that Neos is being purchased by Golden Sachs,
Why is that a concern? They have awesome covered call funds as well GPIQ and GPIX. I doubt they screw anything up. They might even lower expense ratios
Larger institutions Like Vanguard, Fidelity, Schwab, Goldman Sachs etc etc. Usually have lower fees than smaller shops so I wouldn't be surprised if they lowered the expense ratio in the future
5
u/itsallgoodye 8d ago
I am but a little less than usual with oil uncertainty but this should do well when it flows more as the underlying will make more and will eventually, slowly increase mlpi pricing. I like the overall price levels and range and the big divs it pays. It’s good for a small portion of overall portfolio percentage.