ClearBridge MLP and Midstream Fund (CEM) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $44.38 to $44.98
• 50-Day Range: $41.75 to $45.36
• 52-Week Range: $33.11 to $48.61
• Volume: 14,093 shs
• Average Volume: 33,830 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 5.17%
• Price Target: N/A
• Consensus Rating: N/A

CEM Stock Analysis - Frequently Asked Questions

When did ClearBridge MLP and Midstream Fund's stock split?

ClearBridge MLP and Midstream Fund shares reverse split on the morning of Tuesday, July 28th 2020.The 1-5 reverse split was announced on Tuesday, July 14th 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, July 27th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that ClearBridge MLP and Midstream Fund investors own include ClearBridge Energy Midstream Opportunity Fund (EMO), Pfizer (PFE), Energy Transfer (ET), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), AbbVie (ABBV) and AT&T (T).

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:CEM
• CIK: 1488775
• Web: www.leggmason.com
• Phone: (888) 777-0102
• Fax: N/A
• Employees: 6,600
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $221.64 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A