Half the Gain Gone in Energy Partnerships Bitten by Rates, Oil
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An energy investment vehicle best known for providing reliable cash payouts is running out of gas.
The Alerian MLP Index has retraced half of the 254 percent gain it realized over a six-year period starting November 2008. The gauge, which tracks 50 master-limited partnerships, is 22 percent below its 200-day moving average, the biggest discount to the technical measure since 2009.