SteelPath

Kayne Anderson Midstream/Energy Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at October 31, 2019

Retrieved on: 
Friday, November 1, 2019
Corporate finance, Master limited partnership, SteelPath

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Funds most recent quarterly or annual report.
  • Kayne Anderson Midstream/Energy Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund anticipates that the majority of its investments will consist of investments in Midstream MLPs and Midstream Companies.

First Trust MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.10 Per Share for November, December and January

Retrieved on: 
Monday, October 21, 2019
Professional services, Finance, Finance, Money, Economy, Sovereign wealth funds, Investment, Corporate finance, Legal entities, Funds, SteelPath, Alerian

The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of total return with an emphasis on current distributions paid to common shareholders.

Key Points: 
  • The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of total return with an emphasis on current distributions paid to common shareholders.
  • Under normal market conditions, the Fund invests at least 85% of its managed assets in equity and debt securities of MLPs, MLP-related entities and other energy sector and energy utilities companies.
  • To generate additional income, the Fund expects to write (or sell) covered call options on up to 35% of its managed assets.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.58 Per Share

Retrieved on: 
Thursday, October 10, 2019
Professional services, Finance, Economy, Registered Investment Adviser, Financial services, Finance, Financial adviser, Alberta Investment Management Corporation, SteelPath

The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.

Key Points: 
  • The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.
  • The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Kayne Anderson Midstream/Energy Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at September 30, 2019

Retrieved on: 
Tuesday, October 1, 2019
Corporate finance, Master limited partnership, SteelPath

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Funds most recent quarterly or annual report.
  • Kayne Anderson Midstream/Energy Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund anticipates that the majority of its investments will consist of investments in Midstream MLPs and Midstream Companies.

Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® 30 MLP Index

Retrieved on: 
Friday, September 13, 2019
Companies, Corporate finance, Master limited partnership, Finance, Bloomberg L.P., Money, Alerian, SteelPath

DALLAS, Sept. 13, 2019 /PRNewswire/ --Cushing Asset Management,LP, and Swank Capital,LLC, announce today the upcoming rebalancing of The Cushing 30 MLP Index (the "Index") as part of normal index operations.

Key Points: 
  • DALLAS, Sept. 13, 2019 /PRNewswire/ --Cushing Asset Management,LP, and Swank Capital,LLC, announce today the upcoming rebalancing of The Cushing 30 MLP Index (the "Index") as part of normal index operations.
  • The Cushing 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a "Midstream Company" and collectively, "Midstream Companies").
  • Cushing Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas.
  • Cushing is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The Cushing 30 MLP Market Cap Index (Bloomberg Ticker:CMCI), The Cushing MLP High Income Index (Bloomberg Ticker: MLPY), The CushingEnergy Index (Bloomberg Ticker: CENI), The CushingEnergy Supply Chain Index (Bloomberg Ticker: CSCI), The CushingTransportation Index (Bloomberg Ticker: CTRI) and The CushingUtility Index (Bloomberg Ticker: CUTI).

Kayne Anderson Midstream/Energy Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2019

Retrieved on: 
Thursday, September 5, 2019
Corporate finance, Master limited partnership, SteelPath

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Funds most recent quarterly or annual report.
  • Kayne Anderson Midstream/Energy Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund anticipates that the majority of its investments will consist of investments in Midstream MLPs and Midstream Companies.

Kayne Anderson Midstream/Energy Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at July 31, 2019

Retrieved on: 
Friday, August 2, 2019
Corporate finance, Master limited partnership, SteelPath

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Funds most recent quarterly or annual report.
  • Kayne Anderson Midstream/Energy Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund anticipates that the majority of its investments will consist of investments in Midstream MLPs and Midstream Companies.

Goldman Sachs MLP and Energy Renaissance Fund Announces Quarterly Distribution of $0.16 Per Share

Retrieved on: 
Wednesday, August 7, 2019
Banking, Professional services, Finance, Finance, Companies, Financial services, Corporate finance, Master limited partnership, Goldman Sachs, SteelPath, Alerian

Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company managed by Goldman Sachs Asset Managements (GSAMs) Energy & Infrastructure Team, which is among the industrys largest MLP investment groups.

Key Points: 
  • Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company managed by Goldman Sachs Asset Managements (GSAMs) Energy & Infrastructure Team, which is among the industrys largest MLP investment groups.
  • The Fund invests primarily in master limited partnerships (MLPs) and other energy investments.
  • The Fund currently expects to concentrate its investments in the energy sector, with an emphasis on midstream MLP investments.
  • 1Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion.

Goldman Sachs MLP Income Opportunities Fund Announces Quarterly Distribution of $0.21 Per Share

Retrieved on: 
Wednesday, August 7, 2019
Banking, Professional services, Finance, Finance, Financial services, Money, Goldman Sachs, Subprime mortgage crisis, SteelPath, Gabriel Hammond

Goldman Sachs MLP Income Opportunities Fund is a non-diversified, closed-end management investment company managed by Goldman Sachs Asset Managements (GSAMs) Energy & Infrastructure Team, which is among the industrys largest MLP investment groups.

Key Points: 
  • Goldman Sachs MLP Income Opportunities Fund is a non-diversified, closed-end management investment company managed by Goldman Sachs Asset Managements (GSAMs) Energy & Infrastructure Team, which is among the industrys largest MLP investment groups.
  • The Fund invests primarily in master limited partnership (MLP) investments, a significant portion of which deliver midstream infrastructure to support growing hydrocarbon extraction.
  • 1Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion.
  • An investment in the Fund is not appropriate for all investors, and the Fund is not intended to be a complete investment program.

 Goldman Sachs Asset Management to Host Quarterly MLP Closed-End Funds Conference Call

Retrieved on: 
Tuesday, July 30, 2019
Banking, Professional services, Finance, Finance, Financial services, Economy of New York City, Goldman Sachs, Subprime mortgage crisis, SteelPath, Gabriel Hammond

Goldman Sachs Asset Management (GSAM) will host a conference call for the Goldman Sachs MLP Income Opportunities Fund (NYSE: GMZ) and Goldman Sachs MLP and Energy Renaissance Fund (NYSE: GER) (together, the Funds) on August 8th, 2019 at 4:15 PM EDT.

Key Points: 
  • Goldman Sachs Asset Management (GSAM) will host a conference call for the Goldman Sachs MLP Income Opportunities Fund (NYSE: GMZ) and Goldman Sachs MLP and Energy Renaissance Fund (NYSE: GER) (together, the Funds) on August 8th, 2019 at 4:15 PM EDT.
  • The Goldman Sachs MLP Income Opportunities Fund began trading on the NYSE on November 26, 2013, and the Goldman Sachs MLP and Energy Renaissance Fund began trading on the NYSE on September 26, 2014.
  • The Goldman Sachs MLP Income Opportunities Fund invests primarily in MLP investments.
  • The Goldman Sachs MLP and Energy Renaissance Fund invests across the energy value chain, including upstream, midstream and downstream investments.