The late day sell off in the oils took its toll on MLPS as most finished closer to their lows of the day. Nonetheless the volume was not exactly spiking and there is still alot of X-DIS activity going on. Energy Transfer Partners (ETP) closed -1.20 off its 36.50 intraday low digesting several days of gains.

Buckeye Partners closed its deal on NGL..BPL down 14 cents. Magellan Midstream Partners...the ipo of its GP ticker symbol MMG commenced this afternoon.

Losing major fractions this afternoon Kinder Morgan Partners (KMP) Hiland Partners (HLND) Northern Border Partners (NBP)....Holly Partners was down 38 cents.

The closed end funds Tortoise (TGY,TYY) and First Energy Income Trust (FEN) gained solid fractions.