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Billionaire Bill Gross' Enthusiasm for These Ultra-High-Yield Dividend Stocks Is Cooling Off
Bill Gross knows a thing or two about yield-focused investments. He co-founded PIMCO, where he became a legendary bond investor. According to Forbes, Gross, known as the "Bond King," is worth about $1.7 billion. Gross had recently been pounding the table for another yield-focused investment vehicle: master limited partnerships (MLP). Given their high tax-advantaged yields and attractive valuations, he believed MLPs offered compelling total return potential. However, his enthusiasm for MLPs has started to cool. He recently posted on X: Continue reading
Bill Gross knows a thing or two about yield-focused investments. He co-founded PIMCO, where he became a legendary bond investor. According to Forbes, Gross, known as the "Bond King," is worth about $1.7 billion.
Gross had recently been pounding the table for another yield-focused investment vehicle: master limited partnerships (MLP). Given their high tax-advantaged yields and attractive valuations, he believed MLPs offered compelling total return potential.
However, his enthusiasm for MLPs has started to cool. He recently posted on X:
