whats a MLP

A MLP, or Master Limited Partnership, is a type of publicly traded limited partnership that is focused on the real estate or natural resources sector. Investors can buy units of a MLP and receive a share of the partnership's income and assets. MLPs are required to distribute at least 90% of their taxable income to their investors, making them a popular choice for income-seeking investors. Additionally, MLPs have a unique tax structure that allows them to pass through income to their investors without being subject to corporate income tax.