About Salient Midstream & MLP Fund (NYSE:SMM)
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.
Industry, Sector and Symbol
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
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 announced a quarterly dividend on Tuesday, February 6th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.244 per share on Tuesday, February 27th. This represents a $0.98 annualized dividend and a yield of 10.59%. The ex-dividend date is Wednesday, February 14th. View Salient Midstream & MLP Fund's Dividend History.
Who are some of Salient Midstream & MLP Fund's key competitors?
Some companies that are related to Salient Midstream & MLP Fund include Oxford Lane Capital (OXLC), Center Coast Brookfield MLP&Enrg Inf Fnd (CEN), Kayne Anderson Energy Development (KED), BlackRock LT Municipal Advantage Trust (BTA), Voya Asia Pacific High Divid Eqt Incm Fd (IAE), Malaysia Fund (MAY), Full Circle Capital (FULL), GLI Finance (GLIF), Andalas Energy and Power (ADL), Helios Advantage Income Fund (HAV), MCG Capital (MCGC) and Warehouse REIT (WHR).
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?
Headlines about SMM stock have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Salient Midstream & MLP Fund earned a coverage optimism score of 0.12 on Accern's scale. They also gave news stories about the investment management company an impact score of 46.32 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Salient Midstream & MLP Fund's major shareholders?
Salient Midstream & MLP Fund's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Guggenheim Capital LLC (4.71%), Wells Fargo & Company MN (1.61%), Segall Bryant & Hamill LLC (1.58%), Sit Investment Associates Inc. (1.38%), Thomas J. Herzfeld Advisors Inc. (0.80%) and Oppenheimer & Co. Inc. (0.29%). View Institutional Ownership Trends for Salient Midstream & MLP Fund.
Which institutional investors are selling Salient Midstream & MLP Fund stock?
Which institutional investors are buying Salient Midstream & MLP Fund stock?
SMM stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, AlphaStar Capital Management LLC, Thomas J. Herzfeld Advisors Inc., Yorkville Capital Management LLC, Claraphi Advisory Network LLC, First Republic Investment Management Inc., M Holdings Securities Inc. and Oppenheimer & Co. Inc.. 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 $9.22.
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 (SMM)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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Salient Midstream & MLP Fund (NYSE:SMM) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Salient Midstream & MLP Fund (NYSE:SMM)
No earnings announcements for this company have been tracked by MarketBeat.com
Salient Midstream & MLP Fund (NYSE:SMM) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Salient Midstream & MLP Fund (NYSE:SMM) Dividend Information
|Most Recent Dividend:||2/27/2018|
|Dividend Growth:||-11.90% (3 Year Average)|
Salient Midstream & MLP Fund (NYSE:SMM) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Salient Midstream & MLP Fund (NYSE SMM) News Headlines
Salient Midstream & MLP Fund (NYSE:SMM) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Salient Midstream & MLP Fund (NYSE:SMM) Income Statement, Balance Sheet and Cash Flow Statement
Salient Midstream & MLP Fund (NYSE SMM) Stock Chart for Sunday, March, 18, 2018