Previous 10 | Next 10 |
NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund...
The recent rally in energy prices has improved investor sentiment for midstream assets, even though US oil production remains well below pre-pandemic levels. Natural gas is expected to be a major growth driver for the midstream sector in 2022, and the current supply shortfall makes th...
In an interesting set of events, KYN and FMO have agreed to enter into a merger. This is a unique situation, because these are two different fund sponsors in the CEF space. FMO is sub-$100 million in AUM, Guggenheim probably doesn't see FMO as worth their time. For further d...
OPEC+ agreed to maintain their existing plan to raise oil output by 400,000 barrels per day in January. The U.S., along with India, China, Japan, South Korea, and the U.K., announced coordinated release of oil from reserves to counter accelerating inflation. Midstream MLPs, as mea...
Despite the significant pullback in oil prices lately and uncertainty posed by the Omicron variant, midstream performance has been largely resilient. Multiple factors arguably exacerbated the recent downward move in oil prices, and oil market fundamentals have likely changed less than...
Strong free cash flow generation has made the mainstream adoption of buyback programs possible for energy infrastructure companies. Buyback activity ramped in 3Q21 as midstream companies purchased more than $804 million of their equity during the quarter, representing a more than two-...
NEW YORK, NY / ACCESSWIRE / November 23, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) concerning potential violations of the federal securities laws and/or breaches of fi...
For midstream operators, managing energy consumption and modernizing assets present viable ways to drive immediate efficiencies and reduce emissions. While many midstream companies today are already incorporating renewable energy into their energy mix, scaling the use of renewable ene...
21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: November 7, 2021
Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 5.30% last month. The index has increased by 84.08% since last October. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, increased by 1.32%...
News, Short Squeeze, Breakout and More Instantly...
Fiduciary/Claymore Energy Infrastructure Fund of Beneficial Interest Company Name:
FMO Stock Symbol:
NYSE Market:
HOUSTON, March 07, 2022 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today the completion of the merger with Fiduciary/Claymore Energy Infrastructure Fund (NYSE: FMO) with and into KYN. FMO was merged with and ...
HOUSTON, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that the proposal to merge Fiduciary/Claymore Energy Infrastructure Fund (NYSE: FMO) with and into KYN has been approved by FMO shareholders. ...
NEW YORK, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Acquired Fund”) announced today that FMO shareholders approved a merger of FMO with and into Kayne Anderson Energy Infrastructure Fund, Inc. (“KYN ...