Energy Transfer is one of my largest income-generating investments.

I own over 100 stocks, many of which pay dividends. Energy Transfer ( ET 0.40% ) currently clocks in as my third-biggest source of dividend income, at over $700 per year.

Here's my honest assessment of the master limited partnership (MLP).

How Energy Transfer became one of my largest income-generating investments

Energy Transfer didn't become one of my top income producers by choice. I added the MLP's units to my portfolio in early 2020, right as the pandemic disrupted energy markets. This wasn't due to a bold bet on an eventual market recovery, but rather from a prior put option I wrote to generate income and possibly buy units at a lower price. The options trade seemed to backfire as Energy Transfer units

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