ClearBridge MLP and Midstream Fund Inc CEM

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44.64 0.00 (+0.00%)

Sep 6, 2024, 3:59 PM EDT

44.38 Day range 44.98

52-week range unavailable

Market cap
593.45M
Shares out
13.29M
Dividend
3.08 (8.74%)
Ex-dividend date
Aug 22, 2023
Volume
14.09K
Open
44.44
Previous close
44.64
Day's range
44.38 – 44.98

2Y +16.73 (+47.50%)

304050Nov 22Apr 23Sep 23Feb 24Jun 2451.95

Key statistics

Enterprise value
0
PEG ratio
0.00
Price / sales
0.00
Price / book
0.00
Dividend yield
8.74%
Payout ratio
0.00%
Revenue growth
0.00%
Free cash flow
0
Total cash
0
Total debt
0
Return on equity
0.00%
Short % of float
0.00%
50-day average
44.90
200-day average
43.81

Next earnings

Consensus EPS estimate 0.00.

Earnings history

Upgrades / downgrades

CEM analyst upgrades and downgrades
DateFirmActionFromTo
Feb 16, 2016B of A SecuritiesdownBuyNeutral
Jul 9, 2015B of A SecuritiesupNeutralBuy

About ClearBridge MLP and Midstream Fund Inc

ClearBridge Energy MLP Fund Inc. is a closed-ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in equity securities of MLPs and growth stocks of companies operating across diversified market capitalizations. It employs fundamental analysis with a bottom-up stock selection approach, focusing on companies with long-lived assets, predictable cash flows, and low direct commodity exposure to create its portfolio. ClearBridge Energy MLP Fund Inc. was formed on March 31, 2010 and is domiciled in the United States.

Sector
Financial Services
Industry
Asset Management
Country
United States

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Insider holders

CEM insider holders
InsiderRelationLatest transactionDateShares held
AGDERN ROBERT DDirectorSaleDec 18, 20190
CLARFELD MICHAELOther ExecutivePurchaseMar 12, 20207,000
COHEN HARRY DAffiliated PersonSaleNov 20, 20190
CRONIN DANIEL PDirectorSaleOct 4, 20220
EADES CHRISOther ExecutivePurchaseNov 15, 20209,292
FREEMAN RICHARD AOther ExecutiveSaleDec 27, 20180

Institution ownership

CEM institution ownership
Holder% heldSharesValueReported
Saba Capital Management, L.P.10.75%1,431,46349.63MJun 29, 2023
Morgan Stanley5.02%668,55323.18MJun 29, 2023
Penserra Capital Management LLC2.36%313,89410.88MJun 29, 2023
Bank of America Corporation2.03%270,8329.39MJun 29, 2023
Woodline Partners LP1.69%225,7457.83MJun 29, 2023
McGowan Group Asset Management, Inc.1.65%220,4007.64MJun 29, 2023

Fund ownership

CEM fund ownership
Holder% heldSharesValueReported
Starboard Investment Tr-Matisse Discounted Closed End Fund Strategy0.44%58,0002.01MJun 29, 2023
Goldman Sachs Tr-Goldman Sachs MLP & Energy Fund0.19%25,684804.68KMay 30, 2023
Saba Capital Income & Opportunities Fd0.13%17,796668.60KJul 30, 2023