SMM - Dividend announcements

HOUSTON, 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

HOUSTON, 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

HOUSTON, 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

HOUSTON, June 7, 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 May 31, 2022. On May 31, 2022, the Fund's total assets were $233.8 million and the NAV per share was $9.72. On May 31, 2022 the closing share price of the Fund was $8.50, which was trading at a 12.6% discount to the NAV.1 The Fund's NAV and market price total returns for the month of May were 6.6% and 8.1%, respectively, compared to 6.6% for the Alerian Midstream Energy Sel

HOUSTON, April 7, 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 March 31, 2022. On March 31, 2022, the Fund's total assets were $234.1 million and the NAV per share was $9.52. On March 31, 2022 the closing share price of the Fund was $8.24, which was trading at a 13.4% discount to the NAV.1 The Fund's NAV and market price total returns for the month of March were 10.1% and 11.9%, respectively, compared to 7.4% for the Alerian Midstream

HOUSTON, March 7, 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 February 28, 2022. On February 28, 2022, the Fund's total assets were $206.5 million and the NAV per share was $8.65. On February 28, 2022 the closing share price of the Fund was $7.36, which was trading at a 14.9% discount to the NAV.1 The Fund's NAV and market price total returns for the month of February were 7.4% and 5.4%, respectively, compared to 4.6% for the Aleria

HOUSTON, Jan. 6, 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 December 31, 2021. On December 31, 2021, the Fund's total assets were $187.0 million and the NAV per share was $7.48. On December 31, 2021, the closing share price of the Fund was $6.74, which was trading at a 9.89% discount to the NAV.1 The Fund's NAV and market price total returns for the month of December were -0.5% and 5.8%, respectively, compared to 1.7% for the Aleri

HOUSTON, Dec. 7, 2021 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund" or "SMM") (NYSE:SMM) provided today a summary of its unaudited statement of assets and liabilities and announced Net Asset Value (NAV) as of November 30, 2021. On November 30, 2021, the Fund's total assets were $192.8 million and the NAV per share was $7.63. On November 30, 2021, the closing share price of the Fund was $6.37, which represented a 16.5% discount to the NAV.1 The Fund's NAV and market price total returns for the month of November were -7.9% and -4.6%, respectively, compared to -7.6% f

HOUSTON, Nov. 4, 2021 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) today announced a dividend of $0.07 per share for the fourth quarter ending November 30, 2021. This distribution is payable to common stockholders on November 29, 2021. At the close of business on October 31, 2021, the Fund's total assets were $204.7 million and the Net Asset Value (NAV) per share was $8.37. On October 31, 2021, the closing share price of the Fund was $6.75, which was trading at a 19.4% discount to the NAV.1 For the month ending October 31, 2021 the Fund's NAV and market price total returns were 7.7% and 6.3%, respectively, compared to 5.6% for the Alerian Midstream Energy Select Index

HOUSTON, Oct. 11, 2021 /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 September 30, 2021. On September 30, 2021, the Fund's total assets were $193.9 million and the NAV per share was $7.77. On September 30, 2021, the closing share price of the Fund was $6.35, which was trading at a 18.3% discount to the NAV.1 The Fund's NAV and market price total returns for the month of September were 6.4% and 14.0%, respectively, compared to 4.7% for the

HOUSTON, Sept. 8, 2021 /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, 2021. On August 31, 2021, the Fund's total assets were $181.0 million and the NAV per share was $7.30. On August 31, 2021, the closing share price of the Fund was $5.57, which was trading at a 23.7% discount to the NAV.1 The Fund's NAV and market price total returns for the month of August were -2.0% and -1.6%, respectively, compared to -1.5% for the Alerian Mi

HOUSTON, Aug. 5, 2021 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) today announced a dividend of $0.07 per share for the third quarter ending August 31, 2021. This distribution, which is an increase of $0.01 per share over the prior distribution, is payable to common stockholders on August 30, 2021. The Fund's management and its Board of Trustees recognize that distributions are a meaningful part of the total return proposition that the Fund provides to its investors. Based on our current outlook, we believe this distribution level is sustainable and is consistent with our distribution policy. Management expects this distribution increase will enhance shareholde

HOUSTON, July 8, 2021 /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, 2021. On June 30, 2021, the Fund's total assets were $192.1 million and the NAV per share was $7.93. On June 30, 2021, the closing share price of the Fund was $5.96, which was trading at a 24.8% discount to the NAV.1 The Fund's NAV and market price total returns for the month of June were 5.3% and 4.9%, respectively, compared to 4.7% for the Alerian Midstream Energ

HOUSTON, June 7, 2021 /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 May 31, 2021. On May 31, 2021, the Fund's total assets were $178.1 million and the NAV per share was $7.53. On May 31, 2021, the closing share price of the Fund was $5.68, which was trading at a 24.6% discount to the NAV.1 The Fund's NAV and market price total returns for the month of May were 6.7% and 7.1%, respectively, compared to 6.6% for the Alerian Midstream Energy Select Index (AMEI).2 The Fund's Top 10 holdings as of May 31, 2021 are shown below:3 No. Symbol Name Countr

HOUSTON, May 6, 2021 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE:SMM) today announced a dividend of $0.06 per share for the second quarter ending May 31, 2021. At the close of business on April 30, 2021, the Fund's total assets were $174.6 million and the Net Asset Value (NAV) per share was $7.13. On April 30, 2021, the closing share price of the Fund was $5.36, which was trading at a 24.8% discount to the NAV.1 For the month ending April 30, 2021 the Fund's NAV and market price total returns were 5.8% and 5.1%, respectively, compared to 5.9% for the Alerian Midstream Energy Select Index (AMEI).2 The Fund's second quarter dividend will be payable on May 27, 2021 to commo

HOUSTON, April 8, 2021 /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 March 31, 2021. On March 31, 2021, the Fund's total assets were $166.1 million and the NAV per share was $6.74. On March 31, 2021, the closing share price of the Fund was $5.10, which was trading at a 24.3% discount to the NAV.1 The Fund's NAV and market price total returns for the month of March were 7.5% and 4.9%, respectively, compared to 7.1% for the Alerian Midstream Energy Select Index (AMEI).2 The Fund's Top 10 holdings as of March 31, 2021 are shown below:3 No. Symbol N

HOUSTON, March 9, 2021 /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 February 28, 2021. On February 28, 2021, the Fund's total assets were $156.7 million and the NAV per share was $6.27. On February 28, 2021, the closing share price of the Fund was $4.86, which was trading at a 22.5% discount to the NAV.1 The Fund's NAV and market price total returns for the month of February were 4.9% and 7.4%, respectively, compared to 7.5% for the Alerian Midstream Energy Select Index (AMEI).2  The Fund's Top 10 holdings as of February 28, 2021 are shown below:3

HOUSTON, Feb. 5, 2021 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE: SMM) today announced a dividend of $0.06 per share for the first quarter ending February 28, 2021. The Fund’s investment allocation as of January 31, 2021 is shown in the pie chart. For illustrative purposes only. Figures are based on the Fund’s gross assets ex-cash. Source: Salient Capital Advisors, LLC, January 31, 2021. At the close of business on January 31, 2021, the Fund's total assets were $170.4 million and the Net Asset Value (NAV) per share was $6.05. On January 31, 2021, the closing share price of the Fund was $4.58, which was trading at a 24.3% discount to the NAV.[1] F

HOUSTON, Jan. 11, 2021 /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 December 31, 2020. On December 31, 2020, the Fund's total assets were $139.7 million and the NAV per share was $5.73. On December 31, 2020, the closing share price of the Fund was $4.27, which was trading at a 25.5% discount to the NAV.1 The Fund's NAV and market price total returns for the month of December were 1.6% and 1.2%, respectively, compared to 1.2% for the Alerian Midstream Energy Select Index (AMEI).2  The Fund's Top 10 holdings as of December 31, 2020 are shown below:3

HOUSTON, Dec. 7, 2020 /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 November 30, 2020. The Fund’s investment allocation as of November 30, 2020 is shown in the pie chart. For illustrative purposes only. Figures are based on the Fund’s gross assets. Source: Salient Capital Advisors, LLC, November 30, 2020. On November 30, 2020, the Fund's total assets were $121.4 million and the NAV per share was $5.64. On November 30, 2020, the closing share price of the Fund was $4.22, which was trading at a 25.2% discount to the NAV.1 The Fund'