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 ROE as of March 2025 (TTM) for Salient Midstream & MLP Fund (SMM) is 32.54%

According to Salient Midstream & MLP Fund’s latest financial reports and current stock price. The company's current ROE is 32.54%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

Salient Midstream & MLP Fund (SMM) Historical ROE (quarterly & annually)

How has SMM ROE performed in the past?

The mean historical ROE of Salient Midstream & MLP Fund over the last ten years is -9.82%. The current 32.54% ROE has changed -431.16% with respect to the historical average. Over the past ten years (40 quarters), SMM's ROE was at its highest in in the May 2018 quarter at 0%. The ROE was at its lowest in in the May 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

-9.82%

Median

-11.47%

Minimum

-42.53%

Maximum

28.47%

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

Discovering the peaks and valleys of Salient Midstream & MLP Fund ROE, 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 = 270.65%

Maximum Annual ROE = 28.47%

Minimum Annual Increase = -166.94%

Minimum Annual ROE = -42.53%

Quarterly (TTM)
Annual
YearROEChange
202128.47%-166.94%
2020-42.53%270.65%
2019-11.47%163.27%
2018-4.36%-77.34%

Salient Midstream & MLP Fund (SMM) Average ROE

How has SMM ROE performed in the past?

The current ROE 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

-8.51%

5-year avg

-9.82%

10-year avg

-9.82%

Salient Midstream & MLP Fund (SMM) ROE vs. Peers

How is SMM’s ROE compared to its peers?

Salient Midstream & MLP Fund’s ROE is less than The Weitz Funds, Hickory Fund (0%), less than Insight Select Income Fund (5.21%), less than Tortoise Pipeline & Energy Fund, Inc. (6.07%), greater than Invesco High Income 2023 Target Term Fund (-2.88%), less than Virtus Convertible & Income 2024 Target Term Fund (3.90%), less than Fiduciary/Claymore Energy Infrastructure Fund (49.70%), less than BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (16.09%), less than Goldman Sachs MLP and Energy Renaissance Fund (33.08%), less than Nuveen Small Cap Growth Opportunities Fund (0%), less than Fund X Upgrader Fund (0%),

Build a custom stock screener for Salient Midstream & MLP Fund (SMM) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Salient Midstream & MLP Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Salient Midstream & MLP Fund (SMM) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Salient Midstream & MLP Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Salient Midstream & MLP Fund's ROE?

How is the ROE calculated for Salient Midstream & MLP Fund (SMM)?

What is the highest ROE for Salient Midstream & MLP Fund (SMM)?

What is the 3-year average ROE for Salient Midstream & MLP Fund (SMM)?

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

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