Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Salient Midstream & MLP Fund (SMM)
Sector: Financial Services; Industry: Asset Management

Salient Midstream & MLP Fund is a closed ended equity mutual fund launched and managed by Salient Capital Advisors, LLC. The fund primarily invests in midstream companies and master limited partnerships. It invests in stocks of large-cap, mid-cap, and small-cap companies. Salient Midstream & MLP Fund was formed on May 24, 2012 and is domiciled in the United States.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-02-10 Saba Capital Management, L.P. 10%-Owner Buy 59,457 $7.45 $442,955 No
2022-02-07 Saba Capital Management, L.P. 10%-Owner Buy 25,777 $7.38 $190,197 No
2022-02-02 Saba Capital Management, L.P. 10%-Owner Buy 13,942 $7.21 $100,522 No
2022-02-01 Saba Capital Management, L.P. 10%-Owner Buy 600 $7.17 $4,302 No
2022-01-24 Saba Capital Management, L.P. 10%-Owner Buy 100 $6.25 $625 No
2022-01-19 Saba Capital Management, L.P. 10%-Owner Buy 36,106 $7.21 $260,430 No
2022-01-18 Saba Capital Management, L.P. 10%-Owner Buy 51,055 $7.10 $362,522 No
2022-01-13 Saba Capital Management, L.P. 10%-Owner Buy 28,582 $7.15 $204,469 No
2022-01-11 Saba Capital Management, L.P. 10%-Owner Buy 22,595 $6.94 $156,698 No
2021-12-28 Saba Capital Management, L.P. 10%-Owner Buy 49,290 $6.82 $336,023 No
2021-12-20 Saba Capital Management, L.P. 10%-Owner Buy 27,911 $6.51 $181,818 No
2021-12-16 Saba Capital Management, L.P. 10%-Owner Buy 74,163 $6.58 $487,848 No
2021-12-14 Saba Capital Management, L.P. 10%-Owner Buy 74,299 $6.43 $477,465 No
2021-12-10 Saba Capital Management, L.P. 10%-Owner Buy 59,500 $6.61 $393,151 No
2021-12-08 Saba Capital Management, L.P. 10%-Owner Buy 46,751 $6.65 $310,968 No
2021-12-06 Saba Capital Management, L.P. 10%-Owner Buy 155,032 $6.37 $987,866 No
2021-12-02 Saba Capital Management, L.P. 10%-Owner Buy 245,517 $6.36 $1,562,542 No
2021-11-30 Saba Capital Management, L.P. 10%-Owner Buy 95,915 $6.45 $619,101 No
2021-11-26 Saba Capital Management, L.P. 10%-Owner Buy 72,925 $6.58 $479,994 No

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.