MLPA Overview

RSI Comparison: Global X MLP's RSI is at 28.9, indicating potential exhaustion of selling pressure, while the S&P 500's RSI is significantly higher at 65.9.

Stock Performance: MLPA's 52-week range is between $45.09 and $54.53, with the last trade at $47.25, reflecting a 1.4% decline for the day.

Investment Options: The article highlights three ETFs for passive income investors: Global X MLP ETF (7.5% yield), Schwab U.S. Dividend Equity ETF (3.8% yield with low expenses), and JP Morgan Nasdaq Equity Premium Income ETF (11.2% yield through options trading).

Market Context: As the S&P 500 reaches all-time highs, some investors may prefer diversified ETFs to mitigate risk and generate income without relying solely on stock price increases.

Stock Performance: MLPA's stock has a 52-week low of $45.09 and a high of $54.53, with the last trade recorded at $50.31.

Author's Opinion Disclaimer: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.

Oil Price Trends: Oil prices fell 1% due to geopolitical changes and economic uncertainty, with potential easing of sanctions on Russian fuel exports following U.S.-Russia diplomatic talks. However, analysts caution that significant recovery in Russian oil output will take time.

Energy ETFs Overview: Various types of energy ETFs, including diversified, exploration and production, and midstream ETFs, offer investors exposure to the energy sector while managing risks associated with oil price volatility and geopolitical events.

Municipal-Bond Market Insights: Morgan Stanley and BlackRock share their perspectives on investing in the municipal-bond market in this week's ETF Wrap.

Contact Information: Feedback and tips can be sent to the provided email addresses, and social media handles for the authors are also shared for further engagement.

ONEOK's Acquisition of EnLink Midstream: ONEOK, Inc. is acquiring Global Infrastructure Partners' 43% stake in EnLink Midstream for $3 billion, along with additional interests for a total of approximately $3.3 billion, enhancing its gas processing and crude gathering capacities in the Permian Basin.

Market Impact and Future Plans: Following the acquisition, EnLink shares rose by 13.22%, and ONEOK anticipates achieving annual synergies of $250 million to $450 million within three years, supporting its $2 billion share repurchase program.