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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 fe

KYN: Merger With FMO Could Face A Hurdle

01:58pm, Wednesday, 15'th Dec 2021
In an interesting set of events, KYN and FMO have agreed to enter into a merger.
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 di
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 potenti
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
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 Infrast
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

FMO Announces Board Approval of Merger with KYN

09:39pm, Wednesday, 15'th Sep 2021
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

The Month In Closed-End Funds: May 2021

12:08am, Saturday, 05'th Jun 2021
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-
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 (“GFI
Midstream companies have long been favorites of income investors due to their high yields and stable cash flows.

The Month In Closed-End Funds: February 2021

08:33am, Friday, 05'th Mar 2021
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: January 2021

08:38am, Tuesday, 09'th Feb 2021
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�

FMO Announces Income Tax Accrual Adjustment

06:11pm, Monday, 28'th Dec 2020
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 fed
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