Stock #4:

Mammoth Firm with Mammoth Profits

Most MLPs are in energy or real estate, but this company represents one of the world’s largest investment-management firms. It offers more than 100 mutual funds to over 6.8 million mutual fund shareholder accounts. Offering every financial service to individual and institutional investors alike, it’s a mammoth firm that rakes in mammoth management fees.

Profitable Investing subscribers first bought the units for $32. Now that it has more than doubled its distribution rate since our purchase, Wall Street is understandably willing to pay more for the units. You’ll receive a current dividend pay-off of 7.2%. Get the name here.

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