8% midstream income yield with volume-based stability.
NML offers an income-focused midstream setup with an 8% yield, and it’s typically less volatile because midstream is paid on volume.
NML is positioned as a midstream focused fund producing revenue from storing, processing, and transporting North American oil and gas. The key support is the 8% current yield plus lower volatility versus oil producers because midstream cashflows are paid on volume rather than crude prices. Performance can still lag during oil-price shock periods like an OPEC price war or the 2020 pandemic.
"NML: 8% Yield"