SMM
NYSESalient Midstream
Latest news
25 items- SECSEC Form N-8F NTC filed by Salient MidstreamN-8F NTC - Salient Midstream & MLP Fund (0001534293) (Filer)
- 13D/GSEC Form SC 13G/A filed by Salient Midstream (Amendment)SC 13G/A - Salient Midstream & MLP Fund (0001534293) (Subject)
- SECSEC Form NPORT-P filed by Salient MidstreamNPORT-P - Salient Midstream & MLP Fund (0001534293) (Filer)
- SECSEC Form N-8F filed by Salient MidstreamN-8F - Salient Midstream & MLP Fund (0001534293) (Filer)
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES CLOSING OF REORGANIZATIONHOUSTON, Sept. 14, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) announced today that the reorganization of the Fund with and into Salient MLP & Energy Infrastructure Fund ("SMAPX"), a series of Salient MF Trust ("Reorganization"), with SMAPX being the surviving fund, is effective as of the opening for business of the New York Stock Exchange ("NYSE") on Wednesday September 14, 2022. In the Reorganization, shareholders of the Fund received an amount of SMAPX Class A shares equal to the aggregate net asset value of their holdings of SMM shares as dete
- INSIDERSEC Form 4 filed by Allecta Julie4 - Salient Midstream & MLP Fund (0001534293) (Issuer)
- SECSEC Form 25-NSE filed by Salient Midstream25-NSE - Salient Midstream & MLP Fund (0001534293) (Subject)
- 13D/GSEC Form SC 13G filed by Salient MidstreamSC 13G - Salient Midstream & MLP Fund (0001534293) (Subject)
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES UNAUDITED NET ASSET VALUE AS OF AUGUST 31, 2022HOUSTON, Sept. 8, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) provided today a summary of unaudited statement of assets and liabilities and announced Net Asset Value (NAV) as of August 31, 2022. The Fund also reminded shareholders that Fund shareholders have approved the reorganization of the Fund with and into Salient MLP & Energy Infrastructure Fund, a series of Salient MF Trust ("Reorganization"). Today was the last day of trading of Fund shares on the New York Stock Exchange ("NYSE"). The Fund currently anticipates the Reorganization will be completed after market close of the NYSE on September 13, 2022.
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES SHAREHOLDER APPROVAL OF REORGANIZATION WITH SALIENT MLP & ENERGY INFRASTRUCTURE FUNDHOUSTON, Sept. 1, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) announced today that at a special meeting of shareholders of the Fund, shareholders approved the reorganization of the Fund with and into Salient MLP & Energy Infrastructure Fund ("SMAPX") (the "Reorganization"). As previously announced, it is currently expected that the Reorganization will be completed after the market close of the New York Stock Exchange ("NYSE") on September 13, 2022, subject to the satisfaction of customary closing conditions and the unwinding of the Fund's leverage
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES TRADING HALT IN ADVANCE OF ANTICIPATED REORGANIZATIONHOUSTON, Aug. 29, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) previously announced that if shareholders approve the reorganization of the Fund with and into Salient MLP & Energy Infrastructure Fund ("SMAPX") (the "Reorganization"), the Fund intends to complete the Reorganization as soon as possible after the shareholder vote. It is currently expected that the Reorganization will be completed after the market close of the New York Stock Exchange ("NYSE") on September 13, 2022 subject to the satisfaction of customary closing conditions and the unwinding of the Fund's leverage. To facilitate the anticipated Reorganization, Automated Customer Account Transfer Servi
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES SPECIAL SHAREHOLDER MEETINGHOUSTON, Aug. 17, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) announced today that it will hold a Special Shareholder Meeting on September 1, 2022 at which shareholders will vote on the reorganization of SMM with and into Salient MLP & Energy Infrastructure Fund ("SMAPX") (the "Reorganization"). SMAPX is an open-end fund that is a series of Salient MF Trust with approximately $849 million in net assets and is also managed by Salient Capital Advisors, LLC, the investment adviser of SMM, using a similar investment strategy. As previously announced, the record date for shareholders entitled to vote on the Reorganization is August 10, 2022. If shareholders approv
- INSIDERSEC Form 4: Saba Capital Management, L.P. bought $138,830 worth of shares (15,687 units at $8.85)4 - Salient Midstream & MLP Fund (0001534293) (Issuer)
- SECSEC Form N-PX filed by Salient MidstreamN-PX - Salient Midstream & MLP Fund (0001534293) (Filer)
- 13D/GSEC Form SC 13D/A filed by Salient Midstream (Amendment)SC 13D/A - Salient Midstream & MLP Fund (0001534293) (Subject)
- SECSEC Form N-CSRS filed by Salient MidstreamN-CSRS - Salient Midstream & MLP Fund (0001534293) (Filer)
- PRSaba Capital Reaches Agreement Regarding Salient Midstream & MLP FundAgreement Secures "Saba Special Distribution" Paid to All Shareholders Saba Capital Management, L.P. and certain associated parties (collectively "Saba" or "we") today announced that it has reached an agreement regarding Salient Midstream & MLP Fund (NYSE:SMM) (the "Fund"). Under the terms of the agreement, Saba has agreed to support the Fund's reorganization into a lower fee open-end mutual fund, Salient MLP & Energy Infrastructure Fund. In addition, the Fund's investment advisor will make a payment of $300,000 to the Fund, to be paid out to all shareholders as a special "Saba Special Distribution". "Saba is excited to have reached this agreement through constructive engagement with the
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES THIRD QUARTER 2022 DISTRIBUTION AND ACCOMPANYING SPECIAL DISTRIBUTION, NET ASSET VALUE AS OF JULY 31, 2022 AND RECORD DATE FOR REORGANIZATIONHOUSTON, Aug. 4, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) today announced a distribution of $0.0875 per share for the third quarter ending August 31, 2022. The Fund also announced a special distribution of $0.0169 per share, for an aggregate amount of $300,000, in connection with the Fund's potential reorganization and an anticipated payment by the Advisor. These distributions will be payable on August 30, 2022 to common shareholders of record on August 18, 2022. It is anticipated that these distributions will be a combination of return of capital and ordinary income for tax purposes. The final tax status of the distribution may differ substantially from thi
- SECSEC Form NPORT-P filed by Salient MidstreamNPORT-P - Salient Midstream & MLP Fund (0001534293) (Filer)
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES UNAUDITED NET ASSET VALUE AS OF JUNE 30, 2022HOUSTON, July 11, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) provided today a summary of unaudited statement of assets and liabilities and announced Net Asset Value (NAV) as of June 30, 2022. On June 30, 2022, the Fund's total assets were $199.7 million and the NAV per share was $7.94. On June 30, 2022 the closing share price of the Fund was $7.57, which was trading at a 4.7% discount to the NAV.1 The Fund's NAV and market price total returns for the month of June were -18.3% and -10.9%, respectively, compared to -13.2% for the Alerian Midstream
- 13D/GSEC Form SC 13G/A filed by Salient Midstream (Amendment)SC 13G/A - Salient Midstream & MLP Fund (0001534293) (Subject)
- INSIDERSEC Form 4: Saba Capital Management, L.P. was granted 11 shares4 - Salient Midstream & MLP Fund (0001534293) (Issuer)
- PRSALIENT MIDSTREAM & MLP FUND ANNOUNCES PLANNED REORGANIZATIONHOUSTON, June 28, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) announced today that its Board of Trustees determined to reorganize SMM into Salient MLP & Energy Infrastructure Fund ("SMLPX") (the reorganization of SMM into SMLPX is the "Reorganization"). SMLPX is an open-end fund that is a series of Salient MF Trust with approximately $849 million in net assets and is also managed by Salient Capital Advisors, LLC, the investment adviser of SMM, using a similar investment strategy. After careful consideration of a variety of factors and alternative
- NEWSSalient Midstream Shares Halted On Code News Pending
- SECSEC Form DEFA14A filed by Salient MidstreamDEFA14A - Salient Midstream & MLP Fund (0001534293) (Filer)
SMM FAQ
6 questionsWhat does Salient Midstream do?
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...Where does SMM stock trade?
Salient Midstream (SMM) is listed on NYSE.What sector and industry is SMM in?
Salient Midstream operates in the Finance sector, Trusts Except Educational Religious and Charitable industry.When did Salient Midstream go public?
Salient Midstream (SMM) completed its IPO in 2012.What companies are similar to SMM?
Notable peers in the same industry include BNY (BlackRock New York Municipal Income Trust), BXSL (Blackstone Secured Lending Fund), PDI (PIMCO Dynamic Income Fund), BGR (BlackRock Energy and Resources Trust), NUV (Nuveen Municipal Value Fund Inc.). Compare SMM side-by-side with any of them on Quantisnow.How can I track SMM on Quantisnow?
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