ClearBridge MLP and Midstream Fund Inc (CEM) Research
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.
Market snapshot
- Symbol
- CEM
- Price
- $44.64
- Day change
- -0.09%
- Market cap
- $593.5M
- P/E ratio
- 9.79x
- 52-week range
- 33.83-53.07
- Sector
- Financial Services
- Industry
- Asset Management
- Analyst price target
- $32.50
Peer companies
- BMO Large-Cap Growth Fund Class A (BALGX)
- BMO Large-Cap Growth Fund Class R6 (BLGRX)
- ClearBridge MLP and Midstream Total Return Fund Inc. (CTR)
- AIG Focused Growth Fund Class C (FOCCX)
- AIG Focused Growth Fund Class W (FOCWX)
- BMO Large-Cap Growth Fund Class Y (MASTX)
- BMO Large-Cap Growth Fund Class I (MLCIX)
- Royce International Premier Fund Consultant Class (RINPX)
Recent insider activity
- PRUDENTIAL FINANCIAL INC — J-Other (160 shares) on 2024-09-09
- PRUDENTIAL FINANCIAL INC — J-Other (285715 shares) on 2024-09-09
- Corebridge Financial, Inc. — J-Other (82 shares) on 2024-09-09
- Corebridge Financial, Inc. — J-Other (1492293.86 shares) on 2024-09-09
- Corebridge Financial, Inc. — J-Other (44 shares) on 2024-09-09
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