MIE News and Press, Cohen & Steers MLP Income and Energy Opportunity Fund Inc. From 04/30/20

Expanding on the theme of yesterday's note discussing midstream defensiveness, today's piece examines the resilience of forward estimates for the midstream space despite oil's price collapse. In contrast with other segments of energy, 2020 and 2021 midstream EBITDA estimates have seen only m...

One of the most common questions we have received in recent weeks is "will the NAVs on my closed-end funds recover? The largest concern being if the NAVs have become permanently impaired by deleveraging or other factors. This is a good question to ask and the answer isn't very straightforward....

Written by Nick Ackerman, co-produced by Stanford Chemist We are continuing to navigate a volatile environment. Most are quite aware of the risks of the distribution cuts that will be coming down the pipeline shortly. We have already begun seeing cuts from some of the funds in the CEF wo...

Given their greater income, we have typically prioritized MLPs in our research covering yields and distributions ( read more ). However, the recent sell-off and consequential increase in the yields of the broader midstream space has prompted many income-oriented investors to consider both ener...

Written by Nick Ackerman, co-produced by Stanford Chemist Throughout the massive COVID-19 selloff, Stanford Chemist and I have received several inquiries relating to the bankruptcy of closed-end funds or funds going "bust." As we aren't out of the woods yet with selloff pressures, now mi...

Closed-end-funds offer investors exposure to actively managed investment portfolios that oftentimes feature more dynamic strategies compared to passive ETFs. While many investors are attracted to the income profile of the various funds with corresponding impressively high yields and managed ...

NEW YORK , April 21, 2020 /PRNewswire/ -- The Boards of Directors (the "Boards") of the following funds (the "Funds") announced today that the Joint Annual Meeting of Stockholders of the Funds (the "Meeting") has been postponed from April 23, 2020 at 11:00 a.m. EDT , to May 14, 2020 ...

Originally published on April 20, 2020 With benchmark West Texas Intermediate oil prices hovering around $22 per barrel 1 for the June contract and regional prices even lower, netbacks for producers are admittedly dismal, making the current outlook for US oil production tenuous. Headlines...

When a sell-off occurs, the question on everyone’s mind turns to when things will recover. Tuesday’s research note addressed this question by looking at past drawdowns and recoveries, while today’s note takes another approach using oil price projections. Of course, no on...

While Alerian's research has almost exclusively focused on midstream energy infrastructure, today's note takes a broader look at infrastructure, comparing global listed infrastructure with energy infrastructure in terms of investment characteristics and recent performance. What does global l...