There is no better place to find value and high yields in the market right now than these 3 MLPs. Don't miss out on this fire sale because once investors realize that the price of oil has no effect on these companies, you won't see a deal like this again for a long time. 

November was a rough month for master limited partnerships – MLPs – as a group. While corporate stocks, represented by the S&P 500, recovered from the October correction, the Alerian MLP index – AMZ – lost ground for the month, with a big sell off to match the fall in crude oil on Black Friday. For the month of November, the S&P 500 gained 3.7% and over the same period the AMZ shed 8.8% of its value.

The majority of MLPs operate in the energy sector, but the majority of them have revenue streams that are not directly dependent on the price of crude oil. Most MLPs function in the midstream portion of the energy sector. These companies own energy pipelines, storage facilities, loading and unloading facilities, and natural gas processing plants. These are fee driven services and the MLPs earn basically the same revenues at $65 oil as they do when crude is at $100 a barrel.

Another factor is that many MLPs operate some, a lot, or all of their services and assets in the natural gas side of the energy sector. While the price of crude has been falling off a cliff, natural gas has been pretty stable and a cold winter – seems like we are well on the way to one of those – will boost the price of natural gas.

Yet the stock market sold off the MLP sector almost universally, with no regard to what type of business or sources of revenues generate income for a particular MLP. As a result, some individual MLPs have been driven down to prices that make them very compelling values on a combination of current yield and distribution growth potential.

To find some great MLP buys for my Dividend Hunter and 30 Day Dividends newsletters, I ranked all 120 or so companies in the MLP universe by their one-month returns at the end of November. I ignored the ones that have revenues tied to the price of oil and selected three – plus one speculative bonus – that are now at once in a decade – OK, half-decade – low valuations. From here, investors will earn a very attractive and growing yield that will be hard to match from any other investments you may find.