Publicly Traded Limited Partnerships (PTPs): Represent ownership stakes, which categorize them as equity securities. PTPs often involve sectors like real estate or energy.
Incorrect Options:
A: Mutual funds are pooled investment vehicles, not partnerships.
C: Fixed-income securities are debt instruments like bonds.
D: Derivatives include options or futures, not ownership stakes.
SEC Guidance on Publicly Traded Partnerships: SEC PTPs.
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