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With April behind us, it is time to have a look at what asset classes performed best and the changes on the YoY (year on year) ranking. Not surprisingly, large and small caps in the United States made it to the top three last month.
US MLPs (Master Limited Partnerships) have led the pack. While underperforming on a yearly basis, they benefited from the Fed’s actions in March and April.
The industry known for offering…
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