Salient Midstream & MLP Fund to Host Annual Shareholders Meeting On June 25, 2021

Rhea-AI Summary

Salient Partners, L.P. announced that the Salient Midstream & MLP Fund (SMM) will hold its annual shareholder meeting on June 25, 2021, at 3:00 pm CT in Houston, Texas. The record date for the meeting is May 12, 2021, with proxy materials to be distributed to shareholders and filed with the SEC. The Fund aims to provide high total returns through quarterly cash distributions by investing at least 80% of its assets in MLPs and midstream companies. Forward-looking statements are included, highlighting potential risks affecting future performance.

HOUSTON, April 29, 2021 /PRNewswire/ -- Salient Partners, L.P. ("Salient") today announced that the Salient Midstream & MLP Fund (NYSE: SMM) (the "Fund") will hold its annual meeting of shareholders as set forth in the proxy statement on Friday, June 25, 2021, beginning at 3:00 pm CT at Salient's corporate headquarters, located at 4265 San Felipe Suite 800, Houston, Texas.

The record date of the annual meeting of shareholders of the Fund is May 12, 2021. Proxy materials will be mailed to shareholders of record and filed with the Securities and Exchange Commission prior to the meeting. Please refer to the proxy materials for all current shareholder meeting details.

Past performance is no guarantee of future results.

Salient Midstream & MLP Fund is a Delaware statutory trust registered as a non-diversified, closed-end management investment company under the Investment Company Act of 1940, as amended. The Fund's investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The Fund seeks to achieve that objective by investing at least 80% of its total assets in securities of MLPs and midstream companies. There can be no assurance that the Fund will achieve its investment objective.

This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual future results to differ significantly from the Fund's present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; leverage risk; valuation risk; interest rate risk; tax risk; the volume of sales and purchase of shares; the continuation of investment advisory, administration and other service arrangements; and other risks discussed in the Fund's filings with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Fund's investment objective will be attained.

About Salient
Salient Partners, L.P. ("Salient") offers a suite of strategies focused on real assets, comprised of master limited partnerships (MLPs), real estate, and tactical alternatives. Institutions and investment advisors turn to Salient to build smarter, more efficient portfolios. Strategies are offered in the form of open- and closed-end funds and separately managed accounts. Learn more about Salient at www.salientpartners.com. Salient was founded in 2002 and has offices in Houston and San Francisco.

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SOURCE Salient Partners, L.P.

FAQ

When is the Salient Midstream & MLP Fund (SMM) annual meeting scheduled?

The annual meeting for the Salient Midstream & MLP Fund (SMM) is set for June 25, 2021, at 3:00 pm CT.

What is the record date for the SMM shareholder meeting?

The record date for the Salient Midstream & MLP Fund (SMM) shareholder meeting is May 12, 2021.

Where will the SMM annual meeting be held?

The SMM annual meeting will be held at Salient's corporate headquarters in Houston, Texas.

What materials will be provided to shareholders for the SMM meeting?

Proxy materials will be mailed to shareholders of record and filed with the SEC prior to the SMM meeting.

What is the investment objective of the Salient Midstream & MLP Fund (SMM)?

The investment objective of the Salient Midstream & MLP Fund (SMM) is to provide a high level of total return with an emphasis on quarterly cash distributions.