Nothing remedies fear of the unknown like known facts, which is why this month’s issue provides actionable data on every one of our portfolio recommendations.

In Focus pulls together recent distribution coverage and growth data for each pick to gauge the midstream sector’s health a year into the energy slump.

Things have held up surprisingly well even as the valuations have come down, while fuel demand has soared. This is an industry that’s been discounted as if it serves solely the domestic energy producers, while continuing to meet the undiminished needs of the utilities as well as consumers.

Best Buys this month is actually a list of top tactical buys that look particularly oversold relative to their business prospects.

Portfolio Update analyzes the recent results reported by every one of our recommendations, and provides a glimpse of how each has fared and traded.

Don’t be misled by the wholesale lowering of buy limits, which simply acknowledges current realities. Global demand and domestic production trends suggest a lot of upside for energy prices next year. The midstream sector, in contrast, remains priced for unrelenting misery. We’re cautiously optimistic.

Portfolio Changes

• KKR (NYSE: KKR) downgraded to Sell in Aggressive Portfolio
• Navios Maritime Partners (NYSE: NMM) downgraded to Sell in Aggressive Portfolio
• SunEdison (NYSE: SUNE) downgraded to Sell in Aggressive Portfolio
• Capital Products Partners (NASDAQ: CPLP) upgraded to Buy below $7 in Aggressive Portfolio
• Shell Midstream Partners (NYSE: SHLX) upgraded to Buy below $35 in Growth Portfolio
• Global Partners (NYSE: GLP) downgraded to Hold in Growth Portfolio
• Plains GP Holdings (NYSE: PAGP) downgraded to Hold in Growth Portfolio
• Targa Resources Partners (NYSE: NGLS) downgraded to Hold in Growth Portfolio
• TransCanada (NYSE: TRP) downgraded to Hold in Conservative Portfolio
• UBS E-TRACS 2x Monthly Leveraged Long Alerian MLP Index (NYSE: MLPL) downgraded to Hold in Aggressive Portfolio
• Archrock (NYSE: AROC) buy limit set at $15 in Growth Portfolio
• Archrock Partners (NASDAQ: APLP) buy limit reduced to $25 in Growth Portfolio
• Boardwalk Pipeline Partners (NYSE: BWP) buy limit reduced to $16 in Aggressive Portfolio
• Buckeye Partners (NYSE: BPL) buy limit reduced to $70 in Aggressive Portfolio
• Columbia Pipeline Group (NYSE: CPGX) buy limit reduced to $24 in Growth Portfolio
• DCP Midstream Partners (NYSE: DPM) buy limit reduced to $33 in Growth Portfolio
• Delek Logistics Partners (NYSE: DKL) buy limit reduced to $40 in Growth Portfolio
• Energy Transfer Equity (NYSE: ETE) buy limit reduced to $27 in Growth Portfolio
• Energy Transfer Partners (NYSE: ETP) buy limit reduced to $48 in Growth Portfolio
• EnLink Midstream (NYSE: ENLC) buy limit reduced to $24 in Aggressive Portfolio
• Enterprise Products Partners (NYSE: EPD) buy limit reduced to $34 in Conservative Portfolio
• EQT (NYSE: EQT) buy limit reduced to $85 in Aggressive Portfolio
• EQT GP Holdings (NYSE: EQGP) buy limit reduced to $29 in Aggressive Portfolio
• New Residential Investment (NYSE: NRZ) buy limit reduced to $15 in Aggressive Portfolio
• NuStar Energy (NYSE: NS) buy limit reduced to $46 in Growth Portfolio
• NuStar GP Holdings (NYSE: NSH) buy limit reduced to $27 in Growth Portfolio
• Plains All American Pipeline (NYSE: PAA) buy limit reduced to $26 in Conservative Portfolio
• SemGroup (NYSE: SEMG) buy limit reduced to $45 in Growth Portfolio
• Spectra Energy (NYSE: SE) buy limit reduced to $32 in Conservative Portfolio
• Spectra Energy Partners (NYSE: SEP) buy limit reduced to $57 in Conservative Portfolio
• Sunoco Logistics Partners (NYSE: SXL) buy limit reduced to $36 in Growth Portfolio
• Targa Resources (NYSE: TRGP) buy limit reduced to $50 in Growth Portfolio
• Williams (NYSE: WMB) buy limit reduced to $45 in Growth Portfolio