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Full Name:

ClearBridge MLP and Midstream Fund Inc

Country:

United States

IPO:

25 June 2010

Indexes:

Not included

Description:

ClearBridge MLP and Midstream Fund (CEM) focuses on investing in master limited partnerships (MLPs) and midstream energy companies. The fund aims to provide income and capital appreciation by investing in firms involved in energy infrastructure, such as pipelines and storage, benefiting from the growing energy sector.

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Aug 14, 2024
Splits

Next split:

N/A

Recent split:

July 28, 2020

Analyst ratings

Recent major analysts updates

25 Nov '20 Bank of America
Buy
17 Feb '16 B of A Securities
Neutral
10 July '15 B of A Securities
Buy

Screeners with CEM included

No data

Market Data

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Institutional Ownership

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ClearBridge MLP and Midstream Fund Inc. offers exposure to energy infrastructure companies without K-1 forms, suitable for tax-advantaged accounts. The fund has a lower yield than its peers but has shown strong performance, outperforming the S&P 500 Index over one and three years. The fund employs leverage below the industry average, covers distributions with excess investment profits, and trades at a 4.30% discount to net asset value.

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A small closed-end fund you likely have never heard of is beating the popular SPDR S&P 500 (SPY), Schwab US Dividend Equity (SCHD), and Invesco QQQ (QQQ) this year.  It is doing this while investing in some of the most boring assets in the United States and trading at a 3.

FAQ

  • What is the primary business of ClearBridge MLP and Midstream Fund?
  • What is the ticker symbol for ClearBridge MLP and Midstream Fund?
  • Does ClearBridge MLP and Midstream Fund pay dividends?
  • What sector is ClearBridge MLP and Midstream Fund in?
  • What industry is ClearBridge MLP and Midstream Fund in?
  • What country is ClearBridge MLP and Midstream Fund based in?
  • When did ClearBridge MLP and Midstream Fund go public?
  • Is ClearBridge MLP and Midstream Fund in the S&P 500?
  • Is ClearBridge MLP and Midstream Fund in the NASDAQ 100?
  • Is ClearBridge MLP and Midstream Fund in the Dow Jones?
  • When does ClearBridge MLP and Midstream Fund report earnings?

What is the primary business of ClearBridge MLP and Midstream Fund?

ClearBridge MLP and Midstream Fund (CEM) focuses on investing in master limited partnerships (MLPs) and midstream energy companies. The fund aims to provide income and capital appreciation by investing in firms involved in energy infrastructure, such as pipelines and storage, benefiting from the growing energy sector.

What is the ticker symbol for ClearBridge MLP and Midstream Fund?

The ticker symbol for ClearBridge MLP and Midstream Fund is NYSE:CEM

Does ClearBridge MLP and Midstream Fund pay dividends?

No, ClearBridge MLP and Midstream Fund does not pay dividends

What sector is ClearBridge MLP and Midstream Fund in?

ClearBridge MLP and Midstream Fund is in the Financial Services sector

What industry is ClearBridge MLP and Midstream Fund in?

ClearBridge MLP and Midstream Fund is in the Asset Management industry

What country is ClearBridge MLP and Midstream Fund based in?

ClearBridge MLP and Midstream Fund is headquartered in United States

When did ClearBridge MLP and Midstream Fund go public?

ClearBridge MLP and Midstream Fund's initial public offering (IPO) was on 25 June 2010

Is ClearBridge MLP and Midstream Fund in the S&P 500?

No, ClearBridge MLP and Midstream Fund is not included in the S&P 500 index

Is ClearBridge MLP and Midstream Fund in the NASDAQ 100?

No, ClearBridge MLP and Midstream Fund is not included in the NASDAQ 100 index

Is ClearBridge MLP and Midstream Fund in the Dow Jones?

No, ClearBridge MLP and Midstream Fund is not included in the Dow Jones index

When does ClearBridge MLP and Midstream Fund report earnings?

The date for ClearBridge MLP and Midstream Fund's next earnings report has not been announced yet