Fund Companies Rights Offerings Managed Distributions Leveraged Funds IPOs Asset Classes CEF Advisors

My Fund Comparison
Initilizing list...

Salient Midstream & MLP Fund  as of 07/21/2017

NYSE / SMM Asset Class:  Energy MLP Funds 1 YR Lipper Avg:  5.05%

Growth of $10K

Avg Annual Total Return %
  10 YR 5 YR 1 YR YTD
Market Return -- -2.58% 4.47% -9.06%
Lipper Pct. Rank -- 65 79 92
NAV Return -- -1.77% 6.89% -11.17%
Lipper Pct. Rank -- 70 32 92
Premium/Discount History

Premium/Discount
10 YR Avg 5 YR Avg YTD Avg
-- -6.500% -7.920%

NAV $12.96 Market Price $11.91
Net Change -$0.09 Market Change $0.03
Premium/Discount -8.10%
1 YR NAV Return 6.892%
1 YR NAV Rank 32
12-Mo Yield as of 6/30/2017 Yield Def
Income Only Yield 1.01%
Distribution Yield (Market) 8.33%
Most Recent Income Dividend $0.244
Ex-Div Date 5/17/2017
Most Recent Cap Gain Dividend $0.197
Ex-Div Date 1/22/2015
Dividend Frequency Quarterly
YTD Dividends $0.488
YTD Capital Gains --
Inception Date 5/24/2012
Fund Advisor Salient Capital Advisors LLC
Manager & Tenure Gardner since 2012
Reid since 2012
Phone 800-809-0525
Website www.salientpartners.com
Total Net Assets (mil) as of 6/30/2017 $227.0
% Leveraged Assets as of 11/30/2016 32.59%
Portfolio Turnover 93.00%
Mgmt Fees 1.883%
Expense Ratio 3.090%
Fund Objective
The Fund seeks providing 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 MLPs.
Top Holdings (as of 11/30/2016)
ONEOK Inc ORD 12.20%
Plains GP Holdings LP ORD 11.26%
Enbridge Energy Management LLC ORD 10.91%
Targa Resources Corp ORD 8.80%
SemGroup Corp ORD 7.02%
EnLink Midstream LLC 6.65%
Williams Companies Inc ORD 6.57%
Energy Transfer Equity LP 6.22%
Macquarie Infrastructure Corp ORD 6.20%
Energy Transfer Partners LP 6.10%
Top Sectors (as of 11/30/2016)
Oil & Gas 54.92%
Non Classified Equity 15.89%
Utilities 12.20%
Industrials 6.20%
Financials 3.26%


Resources

Aberdeen Closed-End TV

Asset TV — CEF Channel

CEF Connect

Harvest — CEFA Channel

Legg Mason CEFs

Seeking Alpha — CEFA Channel


SySys Logo

Lipper Logo
Powered by a SySys data & content management system.

© Thomson Reuters 2011. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.