NYSE:CEM - ClearBridge Energy MLP Fund Stock Price, News, & Analysis

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$15.21 +0.22 (+1.47 %)
(As of 08/19/2018 09:07 AM ET)
Previous Close$15.21
Today's Range$14.97 - $15.22
52-Week Range$12.10 - $17.36
Volume153,675 shs
Average Volume214,555 shs
Market Capitalization$1.01 billion
P/E RatioN/A
Dividend Yield10.73%
Beta1.34
ClearBridge Energy MLP Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector. Under normal market conditions, the Fund will invest at least 80% of its managed assets in MLPs in the energy sector. The Fund considers an entity to be within the energy sector if it derives at least 50% of its revenues from the business of exploring, developing, producing, gathering, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fund's investment manager and ClearBridge Investments, LLC (ClearBridge) is the Fund's sub advisor.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:CEM
CUSIPN/A
Phone+1-888-7770102

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares70,080,000
Market Cap$1.01 billion

ClearBridge Energy MLP Fund (NYSE:CEM) Frequently Asked Questions

What is ClearBridge Energy MLP Fund's stock symbol?

ClearBridge Energy MLP Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEM."

How often does ClearBridge Energy MLP Fund pay dividends? What is the dividend yield for ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund announced a quarterly dividend on Wednesday, July 4th. Investors of record on Friday, August 24th will be paid a dividend of $0.355 per share on Friday, August 31st. This represents a $1.42 dividend on an annualized basis and a dividend yield of 9.34%. The ex-dividend date is Thursday, August 23rd. View ClearBridge Energy MLP Fund's Dividend History.

Who are ClearBridge Energy MLP Fund's key executives?

ClearBridge Energy MLP Fund's management team includes the folowing people:
  • Jane E. Trust, Chairman of the Board, President, Chief Executive Officer, Trustee (Age 55)
  • Richard F. Sennett, Principal Financial Officer (Age 47)
  • Ted P. Becker, Chief Compliance Officer (Age 66)
  • Steven Frank, Treasurer (Age 50)
  • Jenna Bailey, Identity Theft Prevention Officer (Age 39)
  • Robert I. Frenkel, Secretary, Chief Legal Officer (Age 63)
  • William R. Hutchinson, Lead Independent Director (Age 75)
  • Robert D. Agdern, Director (Age 67)
  • Carol L. Colman, Independent Director (Age 71)
  • Daniel P. Cronin, Independent Director (Age 71)

Has ClearBridge Energy MLP Fund been receiving favorable news coverage?

Press coverage about CEM stock has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ClearBridge Energy MLP Fund earned a news and rumor sentiment score of 0.12 on Accern's scale. They also assigned media headlines about the investment management company an impact score of 46.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for ClearBridge Energy MLP Fund.

Who are ClearBridge Energy MLP Fund's major shareholders?

ClearBridge Energy MLP Fund's stock is owned by many different of retail and institutional investors. Top institutional investors include Morgan Stanley (7.60%), NorthRock Partners LLC (2.14%), Bank of America Corp DE (1.92%), Signature Estate & Investment Advisors LLC (1.68%), Sit Investment Associates Inc. (1.55%) and Terril Brothers Inc. (1.40%). Company insiders that own ClearBridge Energy MLP Fund stock include Carol L Colman, Chris Eades, Eileen A Kamerick, James Garfield Macveigh, John Tognetti, Peter Vanderlee, Richard A Freeman and William R Hutchinson. View Institutional Ownership Trends for ClearBridge Energy MLP Fund.

Which institutional investors are selling ClearBridge Energy MLP Fund stock?

CEM stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Bank of America Corp DE, Fiduciary Trust Co., NINE MASTS CAPITAL Ltd, D.A. Davidson & CO., Signature Estate & Investment Advisors LLC, Private Advisor Group LLC and Cedar Hill Associates LLC. View Insider Buying and Selling for ClearBridge Energy MLP Fund.

Which institutional investors are buying ClearBridge Energy MLP Fund stock?

CEM stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Allen Investment Management LLC, First Republic Investment Management Inc., Parkside Investments LLC, Jane Street Group LLC, BB&T Securities LLC, Sit Investment Associates Inc. and NorthRock Partners LLC. Company insiders that have bought ClearBridge Energy MLP Fund stock in the last two years include Carol L Colman, Chris Eades, Eileen A Kamerick, James Garfield Macveigh, John Tognetti, Peter Vanderlee and William R Hutchinson. View Insider Buying and Selling for ClearBridge Energy MLP Fund.

How do I buy shares of ClearBridge Energy MLP Fund?

Shares of CEM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ClearBridge Energy MLP Fund's stock price today?

One share of CEM stock can currently be purchased for approximately $15.21.

How big of a company is ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund has a market capitalization of $1.01 billion.

How can I contact ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States. The investment management company can be reached via phone at +1-888-7770102.


MarketBeat Community Rating for ClearBridge Energy MLP Fund (NYSE CEM)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  196
MarketBeat's community ratings are surveys of what our community members think about ClearBridge Energy MLP Fund and other stocks. Vote "Outperform" if you believe CEM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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