Hummmmmmmmmmm, MLP's? I assume you mean Master Limited Partnerships? Or the stocks and mutual funds that trade in them? Not Maui Land and Pineapple?
I have looked at them a few times and was going to do some testing on them, but the detailed information I like before investing is just not as easy to get as it is for stocks. I like investments I really understand, ones that are very liquid, and those that I can do easy research to understand the real value.
So no, I have not invested in MLP's or studied them enough to provide comments. There are so many really great stocks that are way under their target value price that I stay with those.
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