Salient Midstream & MLP Fund Announces Fourth Quarter 2021 Dividend Of $0.070 Per Share And Net Asset Value As Of October 31, 2021
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
