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NYSE:CEMClearbridge MLP and Midstream Fund Stock Price, Forecast & News

$2.51
+0.05 (+2.03 %)
(As of 04/10/2020 09:10 AM ET)
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Today's Range
$2.26
Now: $2.51
$2.85
50-Day Range
$0.82
MA: $5.00
$10.97
52-Week Range
$0.75
Now: $2.51
$12.88
Volume1.29 million shs
Average Volume794,659 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.11%
BetaN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.47 out of 5 stars


Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
Phone+1-888-7770102

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

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Clearbridge MLP and Midstream Fund (NYSE:CEM) Frequently Asked Questions

How has Clearbridge MLP and Midstream Fund's stock been impacted by COVID-19 (Coronavirus)?

Clearbridge MLP and Midstream Fund's stock was trading at $4.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CEM shares have decreased by 44.2% and is now trading at $2.51. View which stocks have been most impacted by Coronavirus.

How often does Clearbridge MLP and Midstream Fund pay dividends? What is the dividend yield for Clearbridge MLP and Midstream Fund?

Clearbridge MLP and Midstream Fund announced a quarterly dividend on Friday, January 24th. Stockholders of record on Friday, February 21st will be given a dividend of $0.295 per share on Friday, February 28th. This represents a $1.18 annualized dividend and a yield of 47.01%. The ex-dividend date is Thursday, February 20th. View Clearbridge MLP and Midstream Fund's dividend history.

Has Clearbridge MLP and Midstream Fund been receiving favorable news coverage?

News stories about CEM stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Clearbridge MLP and Midstream Fund earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutClearbridge MLP and Midstream Fund.

Are investors shorting Clearbridge MLP and Midstream Fund?

Clearbridge MLP and Midstream Fund saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 44,000 shares, an increase of 21.9% from the February 27th total of 36,100 shares. Based on an average daily trading volume, of 499,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company's shares are sold short. View Clearbridge MLP and Midstream Fund's Current Options Chain.

Who are some of Clearbridge MLP and Midstream Fund's key competitors?

What other stocks do shareholders of Clearbridge MLP and Midstream Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearbridge MLP and Midstream Fund investors own include Enterprise Products Partners (EPD), AT&T (T), Clearbridge Energy MidstreamOprtntyFdInc (EMO), Kinder Morgan (KMI), Duff and Phelps Global Utlity Inm Fd (DPG), Duff & Phelps Selct Mlp Mdsm Egy Fd (DSE), Pfizer (PFE), AbbVie (ABBV), Southern (SO) and Visa (V).

Who are Clearbridge MLP and Midstream Fund's key executives?

Clearbridge MLP and Midstream Fund's management team includes the following people:
  • Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 61)
  • Mr. Richard F. Sennett, Principal Financial Officer and Principal Accounting Officer (Age 49)
  • Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 65)
  • Mr. Theodore Paul Becker, Chief Compliance Officer (Age 68)
  • Mr. Steven Frank, Treasurer (Age 52)

What is Clearbridge MLP and Midstream Fund's stock symbol?

Clearbridge MLP and Midstream Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEM."

Who are Clearbridge MLP and Midstream Fund's major shareholders?

Clearbridge MLP and Midstream Fund's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alpine Global Management LLC (0.00%). Company insiders that own Clearbridge MLP and Midstream Fund stock include Barbara Brooke Manning, Harry D Cohen, Michael Clarfeld, Richard A Freeman, Robert D Agdern, Scott Glasser, Terrence Murphy and William R Hutchinson. View institutional ownership trends for Clearbridge MLP and Midstream Fund.

Which institutional investors are buying Clearbridge MLP and Midstream Fund stock?

CEM stock was bought by a variety of institutional investors in the last quarter, including Alpine Global Management LLC. Company insiders that have bought Clearbridge MLP and Midstream Fund stock in the last two years include Michael Clarfeld, and William R Hutchinson. View insider buying and selling activity for Clearbridge MLP and Midstream Fund.

How do I buy shares of Clearbridge MLP and Midstream 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, Robinhood, Fidelity, and Charles Schwab.

What is Clearbridge MLP and Midstream Fund's stock price today?

One share of CEM stock can currently be purchased for approximately $2.51.

What is Clearbridge MLP and Midstream Fund's official website?

The official website for Clearbridge MLP and Midstream Fund is http://www.leggmason.com/.

How can I contact Clearbridge MLP and Midstream Fund?

Clearbridge MLP and Midstream 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.

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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