ClearBridge MLP and Midstream Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2024
ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) released its unaudited financial statement as of July 31, 2024. The Fund's net assets were $161.3 million, with a net asset value per share of $46.83. The Fund's asset coverage ratio under the Investment Company Act of 1940 was 447% for senior indebtedness and 366% for total leverage.
The Fund's total assets were $233.7 million, including $227.6 million in investments. The top holdings include Energy Transfer LP (10.8%), Targa Resources Corp. (9.7%), and ONEOK Inc. (8.5%). The Fund is advised by Franklin Templeton Fund Adviser, and subadvised by ClearBridge Investments, , both indirect subsidiaries of Franklin Resources, Inc.
Il ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) ha pubblicato il suo bilancio non auditato al 31 luglio 2024. Gli attivi netti del Fondo ammontano a 161,3 milioni di dollari, con un valore netto per azione di 46,83 dollari. Il rapporto di copertura degli attivi ai sensi dell'Investment Company Act del 1940 è stato del 447% per il debito senior e del 366% per la leva totale.
Gli attivi totali del Fondo ammontano a 233,7 milioni di dollari, di cui 227,6 milioni di dollari in investimenti. I principali investimenti includono Energy Transfer LP (10,8%), Targa Resources Corp. (9,7%) e ONEOK Inc. (8,5%). Il Fondo è gestito da Franklin Templeton Fund Adviser e co-gestito da ClearBridge Investments, entrambi sussidiari indiretti di Franklin Resources, Inc.
ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) publicó su estado financiero no auditado al 31 de julio de 2024. Los activos netos del Fondo eran de 161,3 millones de dólares, con un valor neto por acción de 46,83 dólares. El índice de cobertura de activos bajo la Investment Company Act de 1940 fue del 447% para deudas senior y del 366% para apalancamiento total.
Los activos totales del Fondo fueron de 233,7 millones de dólares, incluyendo 227,6 millones de dólares en inversiones. Las principales participaciones incluyen Energy Transfer LP (10,8%), Targa Resources Corp. (9,7%) y ONEOK Inc. (8,5%). El Fondo es asesorado por Franklin Templeton Fund Adviser y co-asesorado por ClearBridge Investments, ambos subsidiarios indirectos de Franklin Resources, Inc.
ClearBridge MLP 및 Midstream Total Return Fund Inc. (NYSE: CTR)는 2024년 7월 31일 기준의 비감사 재무제표를 발표했습니다. 이 펀드의 순자산은 1억 6,130만 달러이며, 주당 순자산 가치는 46.83달러입니다. 1940년 투자 회사 법에 따른 자산 커버리지 비율은 선순위 부채에 대해 447%, 총 레버리지에 대해 366%였습니다.
이 펀드의 총 자산은 2억 3,370만 달러이며, 그 중 2억 2,760만 달러가 투자로 구성되어 있습니다. 주요 투자로는 Energy Transfer LP (10.8%), Targa Resources Corp. (9.7%), 및 ONEOK Inc. (8.5%)가 있습니다. 이 펀드는 Franklin Templeton Fund Adviser의 자문을 받고 있으며, ClearBridge Investments에 의해 공동 자문을 받습니다. 두 회사 모두 Franklin Resources, Inc.의 간접 자회사입니다.
Le ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) a publié son état financier non audité au 31 juillet 2024. Les actifs nets du Fonds s'élevaient à 161,3 millions de dollars, avec une valeur nette par action de 46,83 dollars. Le taux de couverture des actifs selon la loi de 1940 sur les sociétés d'investissement était de 447 % pour l'endettement senior et de 366 % pour l'effet de levier total.
Les actifs totaux du Fonds s'élevaient à 233,7 millions de dollars, dont 227,6 millions de dollars en investissements. Les principales participations comprennent Energy Transfer LP (10,8 %), Targa Resources Corp. (9,7 %) et ONEOK Inc. (8,5 %). Le Fonds est conseillé par Franklin Templeton Fund Adviser et co-conseillé par ClearBridge Investments, tous deux des filiales indirectes de Franklin Resources, Inc.
Der ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) hat seinen ungeprüften Finanzbericht zum 31. Juli 2024 veröffentlicht. Die Nettovermögen des Fonds betrugen 161,3 Millionen Dollar, mit einem Nettovermögen pro Aktie von 46,83 Dollar. Das Vermögensdeckungsverhältnis gemäß dem Investment Company Act von 1940 lag bei 447% für nachrangige Verschuldung und 366% für die Gesamthebelschuld.
Die Gesamtvermögen des Fonds beliefen sich auf 233,7 Millionen Dollar, einschließlich 227,6 Millionen Dollar in Investitionen. Die Top-Bestände umfassen Energy Transfer LP (10,8%), Targa Resources Corp. (9,7%) und ONEOK Inc. (8,5%). Der Fonds wird von Franklin Templeton Fund Adviser beraten und von ClearBridge Investments mitberaten, beides indirekte Tochtergesellschaften von Franklin Resources, Inc.
- Net assets of $161.3 million
- High asset coverage ratios: 447% for senior indebtedness, 366% for total leverage
- Diverse portfolio with top 10 holdings representing 70.8% of total equity investments
- None.
As of July 31, 2024, the Fund’s net assets were
| As of July 31, 2024 | |||||||
| Amount (millions) | Per Share | ||||||
| Investments | $ |
227.6 |
$ |
66.08 |
|
||
| Cash and Cash Equivalents |
|
4.6 |
|
1.34 |
|
||
| Other Assets |
|
1.5 |
|
0.44 |
|
||
| Total Assets | $ |
233.7 |
$ |
67.86 |
|
||
| Senior Notes* | $ |
15.6 |
$ |
4.53 |
|
||
| Loans Outstanding* |
|
34.0 |
|
9.87 |
|
||
| Mandatory Redeemable Preferred Shares* |
|
11.0 |
|
3.19 |
|
||
| Total Leverage | $ |
60.6 |
$ |
17.59 |
|
||
| Income Tax Payable | $ |
4.6 |
$ |
1.34 |
|
||
| Deferred Tax Liability |
|
4.6 |
|
1.34 |
|
||
| Other Liabilities |
|
2.6 |
|
0.76 |
|
||
| Total Liabilities | $ |
11.8 |
$ |
3.44 |
|
||
| Net Assets | $ |
161.3 |
$ |
46.83 |
|
||
| Outstanding Shares |
|
3,443,417 |
|||||
| * The Fund's asset coverage ratio under the 1940 Act with respect to senior indebtedness was |
|||||||
| * The Fund's asset coverage ratio under the 1940 Act with respect to total leverage was |
|||||||
| Top Ten Equity Holdings (as of July 31, 2024)** | |||||||
| Market Value | |||||||
| Name | (millions) | % of Investments | *** | ||||
| Energy Transfer LP | $ |
24.6 |
|
10.8 |
% |
||
| Targa Resources Corp. | $ |
22.0 |
|
9.7 |
% |
||
| ONEOK Inc. | $ |
19.5 |
|
8.5 |
% |
||
| Western Midstream Partners LP | $ |
18.0 |
|
7.9 |
% |
||
| MPLX LP | $ |
16.6 |
|
7.3 |
% |
||
| Enterprise Products Partners LP | $ |
13.9 |
|
6.1 |
% |
||
| Williams Cos. Inc. | $ |
13.4 |
|
5.9 |
% |
||
| Plains All American Pipeline LP | $ |
11.3 |
|
5.0 |
% |
||
| Enbridge Inc. | $ |
11.2 |
|
4.9 |
% |
||
| Kinder Morgan Inc. | $ |
10.8 |
|
4.7 |
% |
||
$ |
161.3 |
|
70.8 |
% |
|||
| ** Subject to change at any time | |||||||
| *** Percent of Total Equity Investments | |||||||
ClearBridge MLP and Midstream Total Return Fund Inc. is a non-diversified, closed-end management investment company, which is advised by Franklin Templeton Fund Adviser, LLC (“FTFA”) (formerly known as Legg Mason Partners Fund Advisor, LLC) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). FTFA and ClearBridge are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (“Franklin Resources”).
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Form N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s 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 Fund.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20240807102317/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
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