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Memos From Howard Marks: What’s Going on in Private Credit?An actively-managed portfolio of publicly-traded energy infrastructure companies
The Fund seeks maximum total return, with an emphasis on providing cash distributions to shareholders. Invests primarily in “midstream” MLPs, which are issuers generally engaged in the treatment, gathering, compression, processing, transportation, transmission, fractionation, storage and terminalling of natural gas, natural gas liquids, crude oil, refined products or coal.
