Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Month of November 2021

Rhea-AI Summary

Legg Mason Partners Fund Advisor announced the distributions for several closed-end funds for November 2021. The key dates include:

• Record Date: 11/22/2021
• Ex-Dividend Date: 11/19/2021
• Payable Date: 11/30/2021

The funds and their respective distribution amounts are:

• CEM: $0.4800
• EMO: $0.3800
• CTR: $0.4200

Distributions may be classified for tax purposes as either dividend income or return of capital.

Positive

• CEM, EMO, and CTR declared stable distributions of $0.4800, $0.3800, and $0.4200 respectively, showing consistency in returns for investors.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of November 2021.

The following dates apply to the distribution schedule below:

Month		Record Date		Ex-Dividend Date		Payable Date
November		11/22/2021		11/19/2021		11/30/2021

Ticker		Fund Name		Amount		Change from Previous Distribution
CEM		ClearBridge MLP and Midstream Fund Inc.		$0.4800		-
EMO		ClearBridge Energy Midstream Opportunity Fund Inc.		$0.3800		-
CTR		ClearBridge MLP and Midstream Total Return Fund Inc.		$0.4200		-

The distributions may be treated as dividend income, return of capital or a combination thereof for tax purposes. This press release is not for tax reporting purposes. In early 2022, after definitive information is available, the Funds will send stockholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Funds during the prior calendar year should be characterized for purposes of reporting the distributions on a stockholder’s tax return (e.g., dividend income or return of capital).

Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”).

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026005557/en/

Investor Contact: Fund Investor Services 1-888-777-0102

 

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

FAQ

What are the distribution amounts for CEM, EMO, and CTR for November 2021?

CEM's distribution is $0.4800, EMO's is $0.3800, and CTR's is $0.4200.

What are the record and ex-dividend dates for the distributions?

The record date is 11/22/2021, and the ex-dividend date is 11/19/2021.

When will the distributions for CEM, EMO, and CTR be paid?

The distributions will be payable on 11/30/2021.

How are the distributions classified for tax purposes?

Distributions may be treated as dividend income, return of capital, or a combination of both for tax reporting.