ClearBridge MLP and Midstream Fund Inc (CEM) Stock
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.
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About ClearBridge MLP and Midstream Fund Inc
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 headquartered in US.
ClearBridge MLP and Midstream Fund Inc (CEM) stock trades at $44.64 with a market capitalization of $593.45M. The stock is valued at a price-to-earnings (P/E) ratio of 9.79, price-to-book of 1.01, price-to-sales of 7.15. Over the past 52 weeks the stock has ranged between $33.83 and $53.07, and currently trades 15.9% below its 52-week high. It pays a dividend yielding 6.90%.
On profitability, ClearBridge MLP and Midstream Fund Inc generates a return on equity (ROE) of 10.45%, return on capital employed of 9.06%, an operating margin of 93.02%, a net profit margin of 73.03%.
Official website: www.leggmason.com/en-us/products/closed-end-funds/clearbridge-energy-mlp-fund-inc.html