Salient Midstream & MLP Fund is a closed ended equity mutual fund launched and managed by Salient Capital Advisors, LLC.
Share Price & News
How has Salient Midstream & MLP Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMM has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: SMM underperformed the US Capital Markets industry which returned 17.9% over the past year.
Return vs Market: SMM underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Salient Midstream & MLP Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Salient Midstream & MLP Fund undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Salient Midstream & MLP Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Salient Midstream & MLP Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Salient Midstream & MLP Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Salient Midstream & MLP Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Salient Midstream & MLP Fund performed over the past 5 years?
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Salient Midstream & MLP Fund has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
How is Salient Midstream & MLP Fund's financial position? (This company is analysed differently as a bank or financial institution)
In this section we usually analyse Salient Midstream & MLP Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Salient Midstream & MLP Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
What is Salient Midstream & MLP Fund's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SMM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Salient Midstream & MLP Fund has no CEO, or we have no data on them.
|Lead Independent Trustee||8.1yrs||US$15.00k||no data|
Experienced Board: SMM's board of directors are considered experienced (8.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SMM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Salient Midstream & MLP Fund's company bio, employee growth, exchange listings and data sources
- Name: Salient Midstream & MLP Fund
- Ticker: SMM
- Exchange: NYSE
- Founded: 2012
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$0
- Shares outstanding: 0
- Website: https://www.salientmlpfund.com/smm_overview.html
- Salient Midstream & MLP Fund
- 4265 San Felipe
- 8th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMM||NYSE (New York Stock Exchange)||Yes||SH BEN INT||US||USD||May 2012|
Salient Midstream & MLP Fund is a closed ended equity mutual fund launched and managed by Salient Capital Advisors, LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector, including transporting, storing, gathering, processing, distributing, marketing and/or delivering natural gas, natural gas liquids, crude oil or refined products or coal. The fund primarily invests in midstream companies and master limited partnerships. It invests in stocks of large-cap, mid-cap, and small-cap companies. The fund benchmarks the performance of its portfolio against the Alerian MLP Index. Salient Midstream & MLP Fund was formed on May 24, 2012 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:38|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.