
Energy Transfer L.P. Series I 9.25% Perpetual Preferred Units (ETPRI) are the company's sole exchange-traded preferred after redemptions. ETPRI offers a fixed $0.8444 annual distribution, yielding around 8% post-rate panic. Tax treatment is nuanced: IRA holders must limit to 1,184 shares to avoid UTBI, while regular accounts receive ordinary income with potential offsets.










