Somewhat Favorable News Coverage Somewhat Unlikely to Impact ClearBridge Energy MLP Fund (CEM) Stock Price
News articles about ClearBridge Energy MLP Fund (NYSE:CEM) have trended somewhat positive on Monday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ClearBridge Energy MLP Fund earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.7542423180632 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
CEM opened at $13.12 on Monday. ClearBridge Energy MLP Fund has a 1-year low of $12.10 and a 1-year high of $17.36.
In other news, Director Carol L. Colman purchased 5,000 shares of the company’s stock in a transaction on Thursday, March 8th. The stock was acquired at an average cost of $14.15 per share, for a total transaction of $70,750.00. Following the completion of the transaction, the director now directly owns 6,120 shares in the company, valued at approximately $86,598. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Carol L. Colman purchased 2,000 shares of the company’s stock in a transaction on Monday, March 12th. The stock was purchased at an average price of $14.48 per share, with a total value of $28,960.00. Following the completion of the transaction, the director now owns 8,120 shares of the company’s stock, valued at $117,577.60. The disclosure for this purchase can be found here.
ClearBridge Energy MLP Fund Company Profile
ClearBridge Energy MLP Fund Inc (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 cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.
Receive News & Ratings for ClearBridge Energy MLP Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge Energy MLP Fund and related companies with MarketBeat.com's FREE daily email newsletter.