Headlines about ClearBridge Energy MLP Fund (NYSE:CEM) have been trending somewhat positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest 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, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of NYSE CEM opened at $13.12 on Monday. ClearBridge Energy MLP Fund has a 12-month low of $12.10 and a 12-month high of $17.36.
In other ClearBridge Energy MLP Fund news, Director Carol L. Colman bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was bought at an average cost of $14.48 per share, for a total transaction of $28,960.00. Following the completion of the transaction, the director now owns 8,120 shares of the company’s stock, valued at approximately $117,577.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carol L. Colman bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 8th. The shares were acquired at an average price of $14.15 per share, with a total value of $70,750.00. Following the completion of the transaction, the director now directly owns 6,120 shares of the company’s stock, valued at approximately $86,598. The disclosure for this purchase can be found here.
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.
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