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Re: Rebalancing MLPs make up about 34% of my equity portfolio, with MWE (at 7%), and VNR, EVEP and GEL the top holdings. Most of the MLPs were bought in 2008-09, so, yes, they have doubled, or tripled, or quadrupled (MWE), and yes, i don't feel entirely comfortable being so heavy in MLPs, but trimming brings a huge tax hit. Besides, I think the sector's prospects going forward are as good as any out there.... so i'm sitting tight....
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