NYSE:SMM - Salient Midstream & MLP Fund Stock Price, News, & Analysis

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$10.47 +0.10 (+0.96 %)
(As of 08/20/2018 02:25 AM ET)
Previous Close$10.47
Today's Range$10.36 - $10.4799
52-Week Range$8.53 - $12.20
Volume69,908 shs
Average Volume87,490 shs
Market Capitalization$163.76 million
P/E RatioN/A
Dividend Yield10.45%
Beta1.52
Salient Midstream & MLP Fund (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 making quarterly cash distributions to its common shareholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of midstream companies and master limited partnerships (MLPs). The Fund may invest up to but not more than 25% of its total assets in equity or debt securities of MLPs. The Fund may invest up to 30% of its total assets in unregistered or otherwise restricted securities of, which up to 10% may be in securities of privately held companies. The Fund may invest in derivatives in order to meet its investment objectives. Salient Capital Advisors, LLC is the Fund's investment advisor.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:SMM
CUSIPN/A
Phone+1-713-9934675

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 Shares17,720,000
Market Cap$163.76 million

Salient Midstream & MLP Fund (NYSE:SMM) Frequently Asked Questions

What is Salient Midstream & MLP Fund's stock symbol?

Salient Midstream & MLP Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMM."

How often does Salient Midstream & MLP Fund pay dividends? What is the dividend yield for Salient Midstream & MLP Fund?

Salient Midstream & MLP Fund declared a quarterly dividend on Tuesday, August 7th. Stockholders of record on Thursday, August 16th will be given a dividend of $0.171 per share on Thursday, August 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date is Wednesday, August 15th. View Salient Midstream & MLP Fund's Dividend History.

Who are Salient Midstream & MLP Fund's key executives?

Salient Midstream & MLP Fund's management team includes the folowing people:
  • John A. Blaisdell, Chairman of the Board of Trustee (Age 55)
  • Gregory A. Reid, President, Chief Executive Officer, Trustee (Age 50)
  • John E. Price CPA, Principal Financial Officer, Treasurer (Age 47)
  • Paul A. Bachtold, Chief Compliance Officer (Age 41)
  • Jeremy L. Radcliffe, Secretary (Age 40)
  • G. Edward Powell, Lead Independent Director (Age 78)
  • Karin B. Bonding CPA, Independent Trustee (Age 75)
  • Jonathan P. Carroll, Independent Trustee (Age 53)
  • Bernard A. Harris Jr., Independent Trustee (Age 60)
  • Richard C. Johnson, Independent Trustee (Age 77)

Has Salient Midstream & MLP Fund been receiving favorable news coverage?

Media stories about SMM stock have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Salient Midstream & MLP Fund earned a coverage optimism score of 0.20 on Accern's scale. They also gave headlines about the investment management company an impact score of 48.11 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Salient Midstream & MLP Fund.

Who are Salient Midstream & MLP Fund's major shareholders?

Salient Midstream & MLP Fund's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (1.78%), Segall Bryant & Hamill LLC (1.47%), Wolverine Asset Management LLC (0.56%), Bank of America Corp DE (0.48%), NINE MASTS CAPITAL Ltd (0.36%) and Oppenheimer & Co. Inc. (0.24%). View Institutional Ownership Trends for Salient Midstream & MLP Fund.

Which major investors are selling Salient Midstream & MLP Fund stock?

SMM stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Bank of America Corp DE, Oppenheimer & Co. Inc., Segall Bryant & Hamill LLC and Brown Advisory Inc.. View Insider Buying and Selling for Salient Midstream & MLP Fund.

Which major investors are buying Salient Midstream & MLP Fund stock?

SMM stock was purchased by a variety of institutional investors in the last quarter, including Wolverine Asset Management LLC, NINE MASTS CAPITAL Ltd, Private Advisor Group LLC, Zazove Associates LLC and Raymond James & Associates. View Insider Buying and Selling for Salient Midstream & MLP Fund.

How do I buy shares of Salient Midstream & MLP Fund?

Shares of SMM 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 Salient Midstream & MLP Fund's stock price today?

One share of SMM stock can currently be purchased for approximately $10.47.

How big of a company is Salient Midstream & MLP Fund?

Salient Midstream & MLP Fund has a market capitalization of $163.76 million.

How can I contact Salient Midstream & MLP Fund?

Salient Midstream & MLP Fund's mailing address is 4265 San Felipe St Ste 800, HOUSTON, TX 77027-2929, United States. The investment management company can be reached via phone at +1-713-9934675.


MarketBeat Community Rating for Salient Midstream & MLP Fund (NYSE SMM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  55 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about Salient Midstream & MLP Fund and other stocks. Vote "Outperform" if you believe SMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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