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ClearBridge MLP and Midstream Fund Inc CEM NYSE

NYSE • Financial Services • Asset Management • US • USD

SharesGrow Score
58/100
1/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$32.50
-27.2%

ClearBridge MLP and Midstream Fund Inc (CEM) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in New York City, NY, United States. The current CEO is Kenneth Donald Fuller.

CEM has IPO date of 2010-06-25, listed on the NYSE, a market capitalization of $593.45M.

About ClearBridge MLP and Midstream Fund Inc

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.

📍 280 Park Avenue, New York City, NY 10017 📞 800-822-5544
Company Details
SectorFinancial Services
IndustryAsset Management
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date2010-06-25
CEOKenneth Donald Fuller
Trading Info
Current Price$44.64
Market Cap$593.45M
52-Week Range33.83-53.07
Beta2.21
ETFNo
ADRNo
CUSIP184692200
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