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Midstream Toll Road

Pipeline MLPs: 90% fee-based contracts, 7%+ yield, 27yr distribution growth, toll roads of energy

Midstream Toll Road Income

3Y
Total Return
+74.8%
3Y
Sharpe Ratio
0.98
3Y
Max Drawdown
-16.4%
3Y
Win Rate
55.7%
3Y
Alpha
-2.6%
3Y
Comp. Score *
0.40
Risk Parameters
Max Allocation10.6%
Stop Loss21.3%
Take Profit16.4%
Max DD Tolerance16.4%
Rebalanceweekly
Execution Guidance
Order TypeLimit
Entry RuleBuy on ex-dividend date dips or when yield exceeds 5-year average.
TimingSAFE TO BUY. *
ScalingBuild position over 4-6 weeks. Reinvest all dividends.
Positions — Vol-Adjusted Sizing
SymbolActionVol Stop LossTake ProfitSizeLinks
WMB BUY 25% 22.0% below entry 17.0% above entry 10.2% TVYH
MPLX BUY 18% 16.3% below entry 12.6% above entry 13.8% TVYH
AM BUY 23% 21.0% below entry 16.2% above entry 10.7% TVYH
KMI BUY 23% 20.6% below entry 15.9% above entry 10.9% TVYH
EPD BUY 17% 15.4% below entry 11.9% above entry 14.6% TVYH
TRGP BUY 32% 28.5% below entry 22.0% above entry 7.9% TVYH
CTRA BUY 29% 25.9% below entry 20.0% above entry 8.7% TVYH
▶ For Passive Investors (Buy & Hold)

This strategy has moderate long-term potential but requires monitoring. - Take profit: Rebalance when any position exceeds 2x its target weight. Trim back to target, redeploy to underweight positions. - Stop loss: NO price-based stop loss. This strategy recovered from -52% drawdown to return 129% long-term. - Exit rule: Exit if distribution cut. Fee-based revenue is predictable — price dips are noise.

Avg 5Y Return
61.7%
Avg 5Y Sharpe
0.24
10Y Return
129.0%
10Y Sharpe
0.32
HODL Composite
0.21
Consistency
53%
Suitable for passive
No