Clearbridge American Energy MLP Fund Inc 2018 Q1 Institutional Investor Sentiment Better Than Expected

July 14, 2018 - By Michael Collier

Sentiment for Clearbridge American Energy MLP Fund Inc (NYSE:CBA)

Clearbridge American Energy MLP Fund Inc (NYSE:CBA) institutional sentiment increased to 1.06 in Q1 2018. Its up 0.01, from 1.05 in 2017Q4. The ratio is positive, as 17 active investment managers started new and increased stock positions, while 16 cut down and sold positions in Clearbridge American Energy MLP Fund Inc. The active investment managers in our partner’s database now own: 13.15 million shares, up from 12.86 million shares in 2017Q4. Also, the number of active investment managers holding Clearbridge American Energy MLP Fund Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 11 Increased: 11 New Position: 6.

ClearBridge American Energy MLP Fund Inc. is a closed-ended equity mutual fund of funds launched and managed by Legg Mason Partners Fund Advisor, LLC. The company has market cap of $. The fund is co-managed by ClearBridge Investments, LLC. It currently has negative earnings. It invests in the public equity markets of the United States.

The stock increased 1.05% or $0.08 during the last trading session, reaching $7.69. About 125,194 shares traded. ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) has declined 20.41% since July 14, 2017 and is downtrending. It has underperformed by 32.98% the S&P500.

Rock Point Advisors Llc holds 3.11% of its portfolio in ClearBridge American Energy MLP Fund Inc. for 925,920 shares. Mcgowan Group Asset Management Inc. owns 1.72 million shares or 2.01% of their US portfolio. Moreover, Terril Brothers Inc. has 1.43% invested in the company for 693,255 shares. The California-based Signature Estate & Investment Advisors Llc has invested 0.53% in the stock. Advisory Alpha Llc, a Michigan-based fund reported 190,199 shares.

More notable recent ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) news were published by: Digitaljournal.com which released: “ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2018” on July 09, 2018, also Streetinsider.com with their article: “Australia’s CBA slapped with shareholder class action” published on July 02, 2018, Streetinsider.com published: “Australia’s CBA says court approves settlement of money-laundering charges” on June 20, 2018. More interesting news about ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) were released by: Streetinsider.com and their article: “New Zealand central bank tightens capital adequacy rules to tackle risk” published on July 05, 2018 as well as Streetinsider.com‘s news article titled: “Australia lenders CBA, ANZ censured for pushing pension products” with publication date: July 06, 2018.

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