Salient Midstream & MLP Fund (SMM) Receiving Somewhat Critical Press Coverage, Accern Reports
News articles about Salient Midstream & MLP Fund (NYSE:SMM) have been trending somewhat negative recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Salient Midstream & MLP Fund earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 47.4905615168299 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Salient Midstream & MLP Fund (NYSE:SMM) traded down $0.20 on Friday, hitting $11.52. 70,804 shares of the stock were exchanged, compared to its average volume of 162,964. Salient Midstream & MLP Fund has a fifty-two week low of $9.64 and a fifty-two week high of $14.32.
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Salient Midstream & MLP Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of midstream companies and master limited partnerships (MLPs).
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