Billionaire Bill Gross' Enthusiasm for These Ultra-High-Yield Dividend Stocks Is Cooling Off

Bill Gross knows a thing or two about yield-focused investments. He co-founded PIMCO, where he became a legendary bond investor. According to Forbes, Gross, known as the "Bond King," is worth about $1.7 billion. Gross had recently been pounding the table for another yield-focused investment vehicle: master limited partnerships (MLP). Given their high tax-advantaged yields and attractive valuations, he believed MLPs offered compelling total return potential. However, his enthusiasm for MLPs has started to co ...