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

Rhea-AI Summary

Legg Mason Partners Fund Advisor, LLC announced the distributions for February 2021 for several closed-end funds. Key dates include the record date of 2/19/2021, ex-dividend date of 2/18/2021, and payable date of 2/26/2021. The funds include:

• CEM: $0.4750, no change from previous distribution.
• EMO: $0.3250, no change from previous distribution.
• CTR: $0.4000, no change from previous distribution.

The distributions may involve dividend income, return of capital, or both for tax purposes.

Positive

• Funds maintained distribution amounts, indicating stability during the period.

Negative

• None.

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of February 2021.

The following dates apply to the distribution schedule below:

Month		Record Date		Ex-Dividend Date		Payable Date
February		2/19/2021		2/18/2021		2/26/2021

Ticker		Fund Name		Amount		Change from Previous Distribution
CEM		ClearBridge MLP and Midstream Fund Inc.		$0.4750		-
EMO		ClearBridge Energy Midstream Opportunity Fund Inc.		$0.3250		-
CTR		ClearBridge MLP and Midstream Total Return Fund Inc.		$0.4000		-

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).

On July 31, 2020, Franklin Resources, Inc. (“Franklin Resources”) acquired Legg Mason, Inc. (“Legg Mason”) in an all-cash transaction. As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly-owned subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.lmcef.com. 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/20210125005329/en/

FAQ

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

For February 2021, CEM declared $0.4750, EMO declared $0.3250, and CTR declared $0.4000.

What are the key dates for the February 2021 distributions for CEM, EMO, and CTR?

The record date is 2/19/2021, the ex-dividend date is 2/18/2021, and the payable date is 2/26/2021.

Did the distributions for CEM, EMO, and CTR change compared to previous distributions?

No, all three funds maintained the same distribution amounts as before.

How are the distributions for CEM, EMO, and CTR characterized for tax purposes?

The distributions may be treated as dividend income, return of capital, or a combination of both.