When the grasping for yield goes bad: BP Prudhoe Bay Royalty Trust (BPT -5.9%) adds to recent...

|About: BP Prudhoe Bay Royalty T... (BPT)|By:, SA News Editor

When the grasping for yield goes bad: BP Prudhoe Bay Royalty Trust (BPT -5.9%) adds to recent losses, now off 27% in 2 weeks. The entire royalty trust sector has been shaken of late thanks to payout cuts at several (HGT, SJT, DOM), and the idea prices for these popular income plays have gotten far ahead of what they could ever pay out.