SMM - Salient Midstream & MLP Fund reports 10% sequential growth in March NAV

Salient Midstream & MLP Fund (NYSE:SMM) on Thursday has reported total assets of $234M as on Mar. 31, sequentially up from Feb's $206.5M asset value. Net Asset Value closed at $9.52 (vs. $8.65 in Feb) compared to Fund's last traded stock price of $8.24 on month end, reflecting shares trading at 13.4% discount. This energy sector focused fund has returned a year-to-date market price growth of 23.7% and 28.8% upside in net asset value. That compares with 21.5% return of Alerian Midstream Energy Select Total Return Index.  Earlier: Salient Midstream&MLP Fund raises dividend by 25%.

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Salient Midstream & MLP Fund reports 10% sequential growth in March NAV