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As all three major U.S. indices were trading down on Monday, I wanted to examine three MLPs that should serve to enhance my income-based portfolio. The three I've chosen all have dividend yields of at least 11.9%, should attract various types of income investors.

Capital Product Partners, LP. (CPLP) - Shares of CPLP traded down roughly 0.13% at the close of Monday's trading session, making the stock very attractive at these levels. Currently trading in a 52-week range of $4.85/share (52 week low) and $8.92/share (52 week high), CPLP yields 11.9% ($0.93) and will release second quarter earnings on July 31st 2012. That being said, I think CPLP presents potential investors with a great opportunity to establish a position especially at the $7.81/share level. If the stock drops to $7.40/share or lower I would then begin to establish a medium-sized position, and any drop below $7.00/share should allow investors the ability to establish a much larger position.

When it comes to CPLP, the yield isn't the only attractive quality I like. There are a few ancillary variables that I find very attractive. First, analysts are expecting CPLP to grow almost 11.1% this year, which is 1.21 times that of the S&P 500, and pretty impressive if you ask me. Second, the company is currently trading at a 2.5% premium to its 200-day moving average which is $7.62/share. Finally, the company has a 2.58% return on its assets and a 23.52% return on equity in the last twelve months, and anytime a company demonstrates a positive return, I see that as a good sign moving forward.

Navios Maritime Partners, L.P. (NMM) - Shares of NMM traded up roughly 2.58% at the close of Monday's trading session, making the stock very attractive at these levels. Currently trading in a 52-week range of $11.06/share (52 week low) and $17.75/share (52 week high), NMM yields 13.4% ($1.76) and will release second quarter earnings on July 18st 2012. That being said, I think NMM presents potential investors with a great opportunity to establish a position especially at the $13.50/share level. If the stock drops to $13.00/share or lower I would then begin to establish a medium-sized position, and any drop below $12.45/share should allow investors the ability to establish a much larger position.

When it comes to NMM, the yield isn't the only attractive quality I like. There are a few ancillary variables that I find very attractive. First, analysts are expecting NMM to earn $0.31/share on revenue of $48.28 million dollars, which is slightly below last year's earnings during the same period, however if NMM can surpass estimates we could see a short-term rally by as much as 5% on the conservative side. Second, the company is currently trading at a 10.8% discount to its 200-day moving average which is $15.15/share. Finally, the company has a 5.79% return on its assets and a 12.65% return on equity in the last twelve months, and anytime a company demonstrates a positive return, I see that as a good sign moving forward.

Rhino Resource Partners, L.P. (RNO) - Shares of RNO traded up roughly 2.33% at the close of Monday's trading session, making the stock very attractive at these levels. Currently trading in a 52-week range of $12.61/share (52 week low) and $26.22/share (52 week high), RNO yields 14.0% ($1.92) and is currently in the process of assessing the possible damage to joint venture it had with Patriot Coal (PCX), in the midst of PCX's bankruptcy filing last week. That being said, I think RNO presents potential investors with a great opportunity to establish a position especially at the $14.05/share level. If the stock drops to $13.70/share or lower I would then begin to establish a medium-sized position, and any drop below $13.10/share should allow investors the ability to establish a much larger position.

When it comes to RNO, the yield isn't the only attractive quality I like. There are a few ancillary variables that I find very attractive. First, analysts are expecting RNO to earn $0.34/share on revenue of $80.85 million dollars, which is slightly below last year's earnings during the same period, however if RNO can surpass estimates we could see a short-term rally by as much as 7% on the conservative side. Second, the company is currently trading at a 20.44% discount to its 200-day moving average which is $17.66/share. Finally, the company has a 5.21% return on its assets and a 15.00% return on equity in the last twelve months, and anytime a company demonstrates a positive return, I see that as a good sign moving forward.

Source: 3 MLPs Yielding At Least 11.9% I'm Starting To Consider