Fiduciary / Claymore Mlp Opportunity Fund

Fiduciary/Claymore Energy Infrastructure Fund is a closed-end management investment company. It engages in the provision of after-tax total return with an emphasis on current distributions paid to shareholders. The company was founded on October 4, 2004 and is headquartered in Chicago, IL.

Guggenheim oversaw FMO's loss of over $200 million in early 2020 (~80% of the fund) with another $20 million following a botched tax accrual. Management now proposes to merge FMO into KYN, a higher fee fund, with no additional consideration to FMO shareholders.

FMO: Proposed Merger Looks Like A Bad Deal For Shareholders

Kayne Anderson MLP Investment

In an interesting set of events, KYN and FMO have agreed to enter into a merger.

KYN: Merger With FMO Could Face A Hurdle

Liberty All-Star Growth Fund

BlackRock 2022 Global Income Opportunity Trust

BlackRock Virginia Municipal Bond Trust

MFS Intermediate High Income Fund

Calamos Long/Short Equity & Dynamic Income Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

BNY Mellon Strategic Municipal Bond Fund, Inc.

Allspring Income Opportunities Fund

Wells Fargo Multi-Sector Income Fund

Wells Fargo Utilities and High Income Fund

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance California Municipal Bond Fund

Templeton Global Income Fund

Clough Global Opportunities Fund

Eagle Capital Growth Fund Inc

Highland Global Credit Allocation Fund.

abrdn Healthcare Investors 

Nuveen Tax-Advantaged Dividend Growth Fund

Deutsche Municipal Income Trust

BNY Mellon Strategic Municipals, Inc.  

BlackRock MuniYield California Quality Fund Inc

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags.

Weekly Closed-End Fund Roundup: November 7, 2021

The midstream sector has long been a favored sector for those seeking income and it has recently begun to recover. FMO invests in some of the best names in the sector, although it does not have the diversification that I would really like to see.

FMO: Earn A High Yield In The Midstream Space With This Solid Fund

Triple-S Management

JMP Group

Kraton

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Kraton Corporation (NYSE: KRA)  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to DL Chemical Co., Ltd.

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates KRA, GTS, JMP, FMO; Shareholders are Encouraged to Contact the Firm

Apollo Tactical Income Fund, Inc.

Blackstone Long-Short Credit Income Fund

Blackstone/GSO Senior Floating Rate Term Fund

Brandywine Global Income Opportunities Fund Inc

Eagle Point Income Company Inc

First Trust Senior Floating Rate 2022 Target Term Fund

Western Asset Global Corp Defined Opportunity Fund Inc

Guggenheim Strategic Opportunities Fund

We review CEF market valuation and performance over the third week of September and highlight recent market events. We discuss a few considerations for investors sitting on large CEF capital gains who are getting nervous.

CEF Weekly Market Review: CEF Gains Are A Nice Problem To Have

BayCom Corp

Echo Global Logistics

Great Western Bancorp

AdShs KIM Kr Eq Shs

NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Echo Global Logistics, Inc. (NASDAQ: ECHO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to funds managed by The Jordan Company, L.P.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ECHO, KOR, GWB, FMO, BCML; Shareholders are Encouraged to Contact the Firm

New York, New York--(Newsfile Corp. - September 17, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Fiduciary/Claymore Energy Infrastructure Fund (NYSE: FMO) ("FMO" of the "Company") stock prior to September 16, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of FMO with Kayne Anderson Energy Infrast

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Fiduciary/Claymore Energy Infrastructure Fund with Kayne Anderson Energy Infrastructure Fund, Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Fiduciary/Claymore Energy Infrastructure Fund (NYSE: FMO) to Kayne Anderson Energy Infrastructure Fund, Inc. is fair to FMO shareholders. As a result of the merger, the outstanding common stock of FMO will be exchanged for newly issued common stock of Kayne Anderson. Halper Sadeh encourages FMO shareholders to click here to learn more about their legal rights and options or conta

FMO Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Fiduciary/Claymore Energy Infrastructure Fund Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – FMO

NEW YORK, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Acquired Fund”) announced today that FMO's Board of Trustees approved a merger of FMO with and into Kayne Anderson Energy Infrastructure Fund, Inc. (“KYN” or the “Acquiring Fund”, and together with FMO, the “Funds”), subject to FMO shareholder approval.

FMO Announces Board Approval of Merger with KYN

ASA Gold and Precious Metals Ltd

ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Total Return Fund Inc

ClearBridge Energy MLP Opportunity Fund Inc

Highland Income Fund

NexPoint Strategic Opportunities Fund

Nuveen Municipal Credit Opportunities Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund

For the seventh month in a row, equity closed-end funds (CEFs) on average posted positive returns, rising 1.90% on a NAV basis for May. While for the third month running fixed income CEFs posted plus-side returns (+0.86%).

The Month In Closed-End Funds: May 2021

NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) -- The Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Fund”) and its investment adviser, Guggenheim Funds Investment Advisors, LLC (“GFIA”), announced today that GFIA has determined to initiate a Shareholder Compensation Program (the “Program”) in connection with certain previously disclosed adjustments made to the Fund's Net Asset Value (“NAV”). These adjustments arose from accruals for estimated federal and state income tax expenses resulting from the application of income tax recapture rules to its sales of certain master limited partnership (“MLP”) energy infrastructure investments that occurred in the first and second quarters of 2020.

FMO Provides Information Regarding Shareholder Compensation Program

Midstream companies have long been favorites of income investors due to their high yields and stable cash flows.

FMO: A High Yielding Midstream Fund If The New Distribution Is Sustainable

Aberdeen Income Credit Strategies Fund

BlackRock Energy and Resources Trust

John Hancock Financial Opportunities Fund

Herzfeld Caribbean Basin Fund Inc

Adams Natural Resources Fund Inc

RiverNorth Capital and Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

For the fourth month in a row, equity CEFs on average posted positive returns, rising 2.42% on an NAV basis for February. While for the first month in 11, fixed income CEFs witnessed losses (-0.52%).

The Month In Closed-End Funds: February 2021

Invesco High Income 2023 Target Term Fund

Tortoise MLP Fund

RENN Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

For the third month in a row, equity CEFs on average posted positive returns, rising 0.84% on a NAV basis for January. While for the tenth month running, fixed income CEFs witnessed returns in the black (+1.13%).

The Month In Closed-End Funds: January 2021

NEW YORK, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Fund”) and its investment adviser, Guggenheim Funds Investment Advisors, LLC (“GFIA”), today provided additional information regarding the Fund's recent tax accrual adjustment.

FMO Provides Additional Information About Income Tax Accrual Adjustment

NEW YORK, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Fund”) today announced an adjustment to the date of the Fund's accrual of estimated federal and state income tax expense related to sales of certain of the Fund's MLP energy infrastructure investments in the first and second quarters of 2020. The accrual was initially announced and reflected in the Fund's net asset value per share (“NAV”) on November 13, 2020, and will be adjusted to reflect appropriate accruals beginning in March 2020.

FMO Announces Income Tax Accrual Adjustment

NEW YORK, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Fund”) today announced a change in the estimate of the accrual of federal and state income tax expense caused by sales of investments. The Fund's net asset value per share (“NAV”), which was impacted on November 13, 2020, is $6.20, which takes into account such accrual. The accrual is estimated, and the Fund's actual tax liability could vary.

FMO Announces Accrual for Income Tax Expense

J.P. Morgan Alerian MLP Index ETN

Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP ETN

Alerian MLP ETF

ETRACS Alerian MLP Index ETN

UBS AG London Branch - FR SP ETRACS REDEEM 18/07/2042 USD 25 - Ser B

InfraCap MLP

Barclays ETN+ Select MLP ETN

Bank of Montreal Structured Notes 2016-10.12.36 (Exp. 05.12.36) on DWA MLP Select Series C

ClearBridge American Energy MLP Fund, Inc.

Center Coast Brookfield MLP & Energy Infrastructure Fund

Virtus Investment Partners Duff & Phelps Select Energy MLP Fund

First Trust North American Energy Infrastructure Fund

Alerian Energy Infrastructure ETF

First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust New Opportunities Mlp & Energy Fund

Goldman Sachs MLP and Energy Renaissance Fund

Goldman Sachs MLP Income Opportunities Fund

iPath S&P MLP ETN

Nuveen Energy MLP Total Return Fund

Nuveen All Cap Energy MLP Opportunities Fund

The ETF Investor's Guide To MLPs, With Alerian And ALPS (Podcast Transcript)

If you have built an MLP portfolio in the past five years, chances are you feel like you are using dollar bills to fuel your furnace.

Oil & Gas MLPs: Why Such A Sell-Off

FMO: Undervalued By Historical Trends, Midstream Valuations Should Pick Up In 2020

News for Fiduciary / Claymore Mlp Opportunity Fund ETF (FMO)