ClearBridge MLP and Midstream Fund Inc. pProvides an efficient, single investment for accessing a portfolio of energy-related master limited partnerships (MLPs) and midstream entities.
The fund seeks a high level of total return with an emphasis on cash distributions and targets energy-related midstream entities and MLPs with long-lived assets and predictable cash flows
Company profile
Ticker
CEM
Exchange
Website
CEO
Jane Trust
Employees
Incorporated
Location
Fiscal year end
Former names
ClearBridge Energy MLP Fund Inc.
SEC CIK
Corporate docs
IRS number
272282398
CEM stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
6 Mar 24
N-CEN
Annual report (registered investment company)
7 Feb 24
8-K
Amendments to Articles of Incorporation or Bylaws
29 Jan 24
N-CSR
Certified annual shareholder report (management investment company)
24 Jan 24
SC TO-C
Information about tender offer
26 Dec 23
N-CSRS/A
Certified semi-annual shareholder report (management investment company) (amended)
7 Nov 23
N-PX
Annual report of proxy voting record
18 Aug 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
28 Jul 23
DEFA14A
Additional proxy soliciting materials
12 May 23
Latest ownership filings
3
Nicole Tarallo
10 Apr 24
SC 13G/A
MORGAN STANLEY
12 Feb 24
NPORT-P
ClearBridge MLP & Midstream Fund Inc. (Nov 2023 report)
23 Jan 24
3
Matthew T. Hinkle
3 Jan 24
3
Patrick McElroy
2 Jan 24
SC 13D/A
Saba Capital Management, L.P.
27 Dec 23
SC 13D/A
Saba Capital Management, L.P.
13 Dec 23
SC 13D/A
Saba Capital Management, L.P.
11 Dec 23
4
Boaz Weinstein
7 Dec 23
4
Boaz Weinstein
5 Dec 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
ClearBridge MLP & Midstream Fund Inc. | – | -3.80 | -2.27 | 13.57 | 865.38 mm | 23 | Nov 2023 |
Institutional ownership, Q3 2023
37.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 72 |
Opened positions | 12 |
Closed positions | 7 |
Increased positions | 21 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 168.58 bn |
Total shares | 4.96 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Saba Capital Management | 1.68 mm | $59.19 bn |
MS Morgan Stanley | 657.05 k | $23.15 bn |
BAC Bank Of America | 259.43 k | $9.14 bn |
Woodline Partners | 225.75 k | $7.95 bn |
Advisors Asset Management | 197.84 k | $6.97 bn |
Aristides Capital | 193.48 k | $6.82 bn |
Terril Brothers | 152.82 k | $5.38 bn |
WFC Wells Fargo & Co. | 145.77 k | $5.14 bn |
Raymond James Financial Services Advisors | 127.62 k | $4.50 bn |
McGowan Group Asset Management | 121.79 k | $4.29 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Dec 23 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 38.34 | 300 | 11.50 k | 2,189,802 |
5 Dec 23 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 38.63 | 22,986 | 887.95 k | 2,189,502 |
4 Dec 23 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 38.66 | 17,378 | 671.83 k | 2,166,516 |
1 Dec 23 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 38.78 | 13,440 | 521.20 k | 2,149,138 |
Press releases
ClearBridge MLP and Midstream Fund Inc. Announces Results of Annual Meeting of Stockholders
17 Apr 24
ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of March 31, 2024
5 Apr 24
ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of February 29, 2024
7 Mar 24
ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of January 31, 2024
7 Feb 24
ClearBridge MLP Funds Announce Proposed Mergers and Updates for Tender Offers
26 Jan 24