Have you suffered losses investing in Nuveen Energy MLP Total Return Fund? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.
According to Bloomberg, Nuveen Energy MLP Total Return Fund is a closed-end management investment company. The fund seeks to provide tax-advantaged total returns with an emphasis on current distributions. Nuveen Energy MLP Total Return Fund invests a large percentage of its funds in energy master limited partnerships. The fund, according to Bloomberg, is down over 46% over the last year.
Bloomberg also indicates that the following are its current top holdings:
ENTERPRISE PRODUCTS PARTNERS
BUCKEYE PARTNERS LP
KINDER MORGAN INC
ENERGY TRANSFER PARTNERS LP
MAGELLAN MIDSTREAM PARTNERS LP
PLAINS ALL AMERICAN PIPELINE
DCP MIDSTREAM PARTNERS LP
WILLIAMS PARTNERS LP
MARKWEST ENERGY PARTNERS LP
GENESIS ENERGY LP
The White Law Group is investigating the liability that brokerage firms may have for recommending high risk investments like the Nuveen Energy MLP Total Return Fund to their clients.
Brokerage firms are required to perform adequate due diligence on the investments they recommend to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
If you suffered losses investing Nuveen Energy MLP Total Return Fund or another MLP and would like to discuss your litigation options, please call The White Law Group at (312)238-9650 for a free consultation.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. The firm represents investors throughout the country in FINRA arbitration claims against their brokerage firm.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.