ClearBridge MLP and Midstream Fund Inc (CEM)
ClearBridge MLP and Midstream Fund Inc operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $44.64, down 0.09% on the session, giving a market capitalisation of $593.5M. On trailing twelve-month figures it carries a trailing P/E of 9.79, a net margin of 73.0%. Its beta of 2.21 implies it has historically moved more than the broad market.
The ClearBridge Energy MLP Fund Inc. functions as a closed-end equity investment vehicle, primarily managed by Legg Mason Partners Fund Advisor, LLC, and co-managed by Clearbridge Advisors, LLC. This fund focuses its investments within the public equity markets of the United States, targeting companies operating in the energy sector. Its portfolio predominantly comprises equity securities of Master Limited Partnerships (MLPs) and growth-oriented firms across various market capitalizations. The fund employs a fundamental analysis, bottom-up stock selection strategy, prioritizing businesses with enduring assets, stable cash flows, and limited direct exposure to commodity price volatility. Formed in the United States on March 31, 2010, the fund is domiciled domestically.
ClearBridge MLP and Midstream Fund Inc is most often compared with the following Financial Services names: