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MLPs: Mid-Year Review

Jun 30, 2009 - 3:51 AM EDT

Avi Morris submits:

MLPs have been one of the most exciting groups in the markets in the first half of 2009. The Alerian MLP Index began the year at 176 and rose to 221 for a 26% advance. Alerian also has a second index which includes reinvested income. That one started the year at 428 and rose 31% to 560. Each index began on Dec 31, 1995, at 100. The first index has performed quiet well over the long term, especially when compared to other industry groups.

However with reinvested income the compounded annual growth rate has been nearly 13%, an envy for almost any industry.

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Source: Seeking Alpha (Jun 30, 2009 - 3:51 AM EDT)