EMO Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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💰 An energy midstream closed-end fund (CEF) managed by ClearBridge, this is an income-oriented product that seeks cash distributions by investing in MLPs and related companies that operate pipelines and gas processing facilities.
It runs 24% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 8.9% cheaper.
Its holdings are worth $55.41 per share, but it trades at $50.46. That is close to its past-year average (9.9% below value).
Over the past 1 year, roughly in the middle
15% below its 1-year high.
Traded more than usual. That is 146% of its average volume.
Ex-dividend date: November 20
14 days to go. Buy before this date to receive the dividend.
Holding long would have paid off
Bought 5 years ago, your return today would be +110.5%. The S&P 500 did +56% over the same period.
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Dividends are paid consistently
Pays 9.19% annually in dividends.
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Ownership is about average
Institutions hold 27.8%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
Special products that amplify (leveraged) or invert this single stock. They decay quickly and are not for long-term holding.
It ranks #471 of 1436 in the industry
Based on market cap of $963M.
FAQ
What kind of CEF is EMO?
EMO is a closed-end fund (CEF).
What is the distribution yield of EMO?
EMO's distribution yield is approximately 9.19%, paid out on a regular basis.
What is the NAV of EMO?
EMO's NAV is $55.41, which can be compared to the market price to determine any discount or premium.
What are the assets under management of EMO?
EMO's assets under management (AUM) are approximately $1.2B.
What is the 52-week high and low for EMO?
EMO has recorded a 52-week high of $56.33 and a low of $41.54.