HOUSTON, Sept. 26, 2014 /PRNewswire/ -- Salient MLP
& Energy Infrastructure Fund (the "Fund") will hold a
shareholder meeting on Thursday, November
13, 2014, beginning at 3:00 pm
CST at the Fund's corporate headquarters located at 4265 San
Felipe, Suite 800, Houston, as
will be set forth in the joint proxy statement/prospectus.
The purpose of the shareholder meeting is to request shareholder
approval for the proposed reorganization of Salient MLP &
Energy Infrastructure Fund (NYSE: SMF) with and into Salient
Midstream & MLP Fund (NYSE: SMM) (together, the "Funds"), under
which shareholders of SMF will receive SMM common shares and SMM
would acquire substantially all of the assets and liabilities of
SMF. Such transaction would occur on the basis of relative net
asset value of the Funds.
The record date of the shareholder meeting of the Fund is
Monday, October 6, 2014. Proxy
materials will be mailed to shareholders of record and filed with
the Securities and Exchange Commission ("SEC") prior to the
meeting. When filed with the SEC, the joint proxy
statement/prospectus and other documents filed will be available
free of charge on the SEC's web site, http://www.sec.gov.
Shareholders can also obtain copies of the definitive joint proxy
statement/prospectus, when available, free of charge by dialing
(713) 548-2636. Shareholders are urged to read the definitive joint
proxy statement/prospectus carefully and in its entirety, including
the risk factors therein, when available as it will contain
important information about the proposed reorganization.
Salient MLP & Energy Infrastructure 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
shareholders. The Fund seeks to achieve that objective by investing
at least 80% of its total assets in securities of MLPs and energy
infrastructure 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.
CONTACT:
Chris Moon
JCPR
cmoon@jcprinc.com
973-850-7304
Salient Capital Advisors,
LLC
Investor
Relations
mlpinvestorrelations@salientpartners.com
713-548-2636
Logo -
http://photos.prnewswire.com/prnh/20120917/NY75507LOGO
SOURCE Salient MLP & Energy Infrastructure Fund