Salient Midstream & MLP Fund

Salient Midstream & MLP Fundverified

SMM

Price:

$8.95

Market Cap:

$158.62M

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 the performance of its portfolio against the Alerian MLP Index. Salient Midstream & MLP Fund was forme...[Read more]

Industry

Asset Management

IPO Date

2012-05-25

Stock Exchange

NYSE

Ticker

SMM

The PE Ratio as of March 2025 (TTM) for Salient Midstream & MLP Fund (SMM) is 3.58

According to Salient Midstream & MLP Fund’s latest financial reports and current stock price. The company's current PE Ratio is 3.58. This represents a change of Infinity% compared to the average of 0 of the last 4 quarters.

Salient Midstream & MLP Fund (SMM) Historical PE Ratio (quarterly & annually)

How has SMM PE Ratio performed in the past?

The mean historical PE Ratio of Salient Midstream & MLP Fund over the last ten years is -6.09. The current 3.58 PE Ratio has changed -5977.19% with respect to the historical average. Over the past ten years (40 quarters), SMM's PE Ratio was at its highest in in the May 2018 quarter at 0. The PE Ratio was at its lowest in in the May 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

-6.09

Median

-4.73

Minimum

-19.56

Maximum

2.98

Salient Midstream & MLP Fund (SMM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Salient Midstream & MLP Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 313.36%

Maximum Annual PE Ratio = 2.98

Minimum Annual Increase = -269.29%

Minimum Annual PE Ratio = -19.56

Quarterly (TTM)
Annual
YearPE RatioChange
20212.98-269.29%
2020-1.76-76.19%
2019-7.39-62.24%
2018-19.56313.36%

Salient Midstream & MLP Fund (SMM) Average PE Ratio

How has SMM PE Ratio performed in the past?

The current PE Ratio of Salient Midstream & MLP Fund (SMM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.06

5-year avg

-6.09

10-year avg

-6.09

Salient Midstream & MLP Fund (SMM) PE Ratio vs. Peers

How is SMM’s PE Ratio compared to its peers?

Salient Midstream & MLP Fund’s PE Ratio is

CompanyPE RatioMarket cap

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Frequently asked questions❓

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What is the 5-year average PE Ratio for Salient Midstream & MLP Fund (SMM)?

How does the current PE Ratio for Salient Midstream & MLP Fund (SMM) compare to its historical average?