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Clearbridge MLP and Midstream Fund Inc CEM

ClearBridge MLP and Midstream 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 energy master limited partnerships (MLPs) and energy midstream entities. The Fund considers an entity to be within the energy sector if it derives at least 50% of its revenues from the business of exploring, developing, producing, gathering, fractionating, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil and refined petroleum products or coal. The Fund may also invest up to 20% of its managed assets in other securities that are not MLPs or midstream entities. The Fund's investment manager is Legg Mason Partners Fund Advisor, LLC and ClearBridge Investments, LLC is the Fund's sub adviser.


NYSE:CEM - Post by User

Comment by huqjaon Mar 16, 2009 7:06pm
470 Views
Post# 15848119

RE: surrrrrrrrrrrre it's a buy

RE: surrrrrrrrrrrre it's a buyYES MR DAVE THE REASON CEM IS DROPPING LIKE A BALL IS FUNDS CANNOT HOLD SHARES IF THEY GET OUT OF S&P. AFTER ALL THE FUNDS AND FUND MANAGERS FINSISH SELLING, THAT SHOULD BE AN OPPRORTUNITY OF A LIFETIME. WAIT FOR THE BUYING TO BEGIN SOON. I AM WAITING WITH LOTSA CASH TO SUCK THIS BABY UP AT LOW LOW.

GOOD LUCK.
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