Previous 10 | Next 10 |
Our FMP is a portfolio solely composed of funds aimed at outperforming the largest ETF (SPY) on a risk-adjusted basis. The FMP, by definition, is a low-maintenance portfolio. It meant to serve those with little time, desire, energy, and/or knowledge. Nonetheless, we never thought ...
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of May 31, 2021. As of May 31, 2021, the Fund’s net assets were $432.1 million, and its net asset...
For the seventh month in a row, equity closed-end funds (CEFs) on average posted positive returns, rising 1.90% on a NAV basis for May. While for the third month running fixed income CEFs posted plus-side returns (+0.86%). Thirty percent of all CEFs traded at a premium to their NA...
1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while convertibles lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 16, 2021
Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 7.10% last month. The index has increased by 45.19% since last April. The current yield on MLPs stands at 8.52%. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color ...
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of April 30, 2021. As of April 30, 2021, the Fund’s net assets were $398.8 million, and its net a...
President Biden supports raising the corporate tax rate from 21% to 28%, and the Biden Administration has also proposed raising the income tax rate for the highest earners from 37% to 39.6% and increasing the rate on capital gains and dividends from 20% to 39.6% for those with annual inco...
ClearBridge MLP and Midstream Fund (CEM) declares $0.48/share quarterly dividend, 1.1% increase from prior dividend of $0.47.Forward yield 7.4%Payable May 28; for shareholders of record May 21; ex-div May 20.See CEM Dividend Scorecard, Yield Chart, & Dividend Growth. For further details...
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of May 2021. The following dates apply to the distribution schedule below: The increased distribution rates better align with each Fund’s ca...
Cost management and asset optimization helped partially offset macro headwinds in 2020, contributing to stable EBITDA and allowing excess cash flow to be used for debt reduction and in some cases, buybacks. While controlling costs helped many companies navigate market headwinds, some ...
News, Short Squeeze, Breakout and More Instantly...
ClearBridge MLP and Midstream Fund Inc. Company Name:
CEM Stock Symbol:
NYSE Market:
2024-07-10 10:14:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of June 30, 2024. As of June 30, 2024, the Fund’s net assets were $381.0 million, and its net asset value p...
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) (the “Fund”) announced today the final results for its issuer tender offer for up to 50% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on...