Salient MLP & Energy Infrastructure Fund Announces Third Quarter 2012 Distribution of $0.44 per Share which represents 10% Annual Growth and 2.3% Sequential Growth in Cash Distributions to Investors

Jul 10, 2012, 15:22 ET from Salient MLP & Energy Infrastructure Fund

HOUSTON, July 10, 2012 /PRNewswire/ -- Salient MLP & Energy Infrastructure Fund (the "Fund") (NYSE: SMF) announced today its quarterly distribution of $0.44 per share for the period June 1, 2012 to August 31, 2012, which represents a 2.3% sequential increase over the $0.43 paid in the previous quarter. 

The increased distribution for the quarter ended August 31, 2012 will be payable on August 22, 2012 to common stockholders of record on August 17, 2012. It is anticipated that a significant portion of this distribution will be treated as a return of capital for tax purposes. The final tax status of the distribution may differ substantially from this preliminary information, and the final determination of such amount will be made in early 2013 when the Fund can determine its earnings and profits for the 2012 fiscal year.

The Fund's quarterly distributions per share[1] as of August 31, 2012 are listed below:










August 25, 2011

August 17, 2011

August 19, 2011



November 22, 2011

November 15, 2011

November 17, 2011



February 22, 2012

February 15, 2012

February 17, 2012



May 22, 2012

May 15, 2012

May 17, 2012



August 22, 2012

August 15, 2012

August 17, 2012

Salient MLP & Energy Infrastructure Fund is a newly organized 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.


Chris Moon JCPR 973-850-7304

Salient Capital Advisors, LLC Investor Relations 800-809-0525

[1] The amount of distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of distributions on Fund common shares could change. A portion of the Fund's returns may be comprised of ordinary income, return of capital and net realized capital gains. The Fund will determine the tax characteristics of all fund distributions after the end of the calendar year and will provide shareholders such information at that time.

SOURCE Salient MLP & Energy Infrastructure Fund