Beacon Street Capital Named "Top Gun"

High Income MLP rated Best of the Best by PSN.

Atlanta, GA, August 25, 2010 --( In PSN’s Mid-Cap Universe Beacon Street Capital’s High Income MLP product was rated #1 and Best of the Best for its annual performance ending June 30, 2010. Returning 58.3% in appreciation with a cash distribution yield of 8% put it ahead of the 304 other managers in the Mid-Cap space.

Beacon Street Capital, LLC, created its high income strategy for separately managed accounts to provide clients with an alternative to traditional fixed income securities and dividend stocks. The portfolio managers select best-of-breed in the energy Master Limited Partnership (MLP) space which have steady predictable cash flows with growth potential. Risk is minimized through detailed fundamental research and prudent risk management.

Portfolio manager, Herron Weems, is Managing Director of Beacon Street Capital, LLC and specializes in the analysis of energy Master Limited Partnerships and invests his own capital along with his clients. He has over 30 years experience in the securities industry having served as a Managing Director with Salomon Brothers, which he joined in 1977. In 2000, he left Salomon Smith Barney to concentrate on private investments and in late 2001 he co-founded Beacon Street Capital with Terry Burke. Mr. Weems holds a B.A. in Economics from Vanderbilt University and an MBA in Finance/Accounting from the University of Chicago. To learn more about MLPs, visit

Firm Description
Beacon Street Capital, LLC is an independent, employee owned investment advisor unaffiliated with any bank or broker dealer. The firm’s principals invest their own capital alongside their clients.

Beacon Street Capital, LLC
Terry Burke
770 984 5433