ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2024
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) released its unaudited financial statement as of July 31, 2024. The Fund's net assets were $299.7 million, with a net asset value per share of $46.87. The Fund's asset coverage ratio for senior indebtedness was 488%, and 347% for total leverage. Total assets stood at $432.1 million, with investments accounting for $421.6 million. The Fund's top equity holding was Energy Transfer LP, representing 11.7% of investments. The Fund is advised by Franklin Templeton Fund Adviser, and subadvised by ClearBridge Investments, , both indirect subsidiaries of Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) ha pubblicato il suo bilancio non verificato al 31 luglio 2024. Gli attivi netti del Fondo ammontano a 299,7 milioni di dollari, con un valore netto per azione di 46,87 dollari. Il rapporto di copertura degli attivi per i debiti senior era del 488% e del 347% per la leva totale. Gli attivi totali erano di 432,1 milioni di dollari, con investimenti pari a 421,6 milioni di dollari. Il principale investimento azionario del Fondo era Energy Transfer LP, che rappresentava l'11,7% degli investimenti. Il Fondo è gestito da Franklin Templeton Fund Adviser e co-gestito da ClearBridge Investments, entrambi sussidiari indiretti di Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) publicó su estado financiero no auditado al 31 de julio de 2024. Los activos netos del Fondo eran de 299,7 millones de dólares, con un valor neto por acción de 46,87 dólares. El ratio de cobertura de activos para la deuda senior era del 488% y del 347% para la deuda total. Los activos totales alcanzaban los 432,1 millones de dólares, con inversiones que representaban 421,6 millones de dólares. La principal inversión en acciones del Fondo era Energy Transfer LP, que representaba el 11,7% de las inversiones. El Fondo es asesorado por Franklin Templeton Fund Adviser y co-asesorado por ClearBridge Investments, ambos subsidiarios indirectos de Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO)는 2024년 7월 31일 기준의 감사되지 않은 재무제표를 발표했습니다. 이 펀드의 순자산은 2억 9,970만 달러였으며, 주당 순자산 가치는 46.87 달러였습니다. 펀드의 자산 커버리지 비율은 선순위 채무에 대해 488%, 총 레버리지에 대해 347%였습니다. 총 자산은 4억 3,210만 달러였으며, 투자액은 4억 2,160만 달러를 차지했습니다. 펀드의 주요 주식 보유는 에너지 전송 LP로, 전체 투자에서 11.7%를 차지했습니다. 펀드는 Franklin Templeton Fund Adviser가 자문하며 ClearBridge Investments가 공동 자문을 하고 있으며, 두 회사 모두 Franklin Resources, Inc.의 간접 자회사입니다.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) a publié son état financier non audité au 31 juillet 2024. Les actifs nets du Fonds s'élevaient à 299,7 millions de dollars, avec une valeur nette par action de 46,87 dollars. Le rapport de couverture des actifs pour la dette senior était de 488% et de 347% pour la levée totale. Les actifs totaux s'élevaient à 432,1 millions de dollars, les investissements représentant 421,6 millions de dollars. La principale participation en actions du Fonds était Energy Transfer LP, représentant 11,7% des investissements. Le Fonds est conseillé par Franklin Templeton Fund Adviser et co-conseillé par ClearBridge Investments, tous deux filiales indirectes de Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) hat am 31. Juli 2024 seine ungeprüften Finanzunterlagen veröffentlicht. Die Nettovermögen des Fonds beliefen sich auf 299,7 Millionen US-Dollar, mit einem Nettovermögen pro Aktie von 46,87 US-Dollar. Das Vermögensdeckungsverhältnis für vorrangige Verbindlichkeiten betrug 488% und 347% für die gesamte Hebelwirkung. Die Gesamtvermögen lagen bei 432,1 Millionen US-Dollar, wobei die Investitionen 421,6 Millionen US-Dollar ausmachten. Die wichtigste Beteiligung des Fonds war Energy Transfer LP, die 11,7% der Investitionen ausmachte. Der Fonds wird von Franklin Templeton Fund Adviser beraten und von ClearBridge Investments mitberaten, beides indirekte Tochtergesellschaften von Franklin Resources, Inc.
- Net assets of $299.7 million
- High asset coverage ratio of 488% for senior indebtedness
- Diversified 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 | $ |
421.6 |
$ |
65.94 |
|
||
| Cash and Cash Equivalents |
|
5.5 |
|
0.86 |
|
||
| Other Assets |
|
5.0 |
|
0.78 |
|
||
| Total Assets | $ |
432.1 |
$ |
67.58 |
|
||
| Senior Notes* | $ |
21.3 |
$ |
3.33 |
|
||
| Loans Outstanding* |
|
65.0 |
|
10.17 |
|
||
| Mandatory Redeemable Preferred Shares* |
|
34.9 |
|
5.46 |
|
||
| Total Leverage | $ |
121.2 |
$ |
18.96 |
|
||
| Deferred Tax Liability | $ |
6.6 |
$ |
1.03 |
|
||
| Other Liabilities |
|
4.6 |
|
0.72 |
|
||
| Total Liabilities | $ |
11.2 |
$ |
1.75 |
|
||
| Net Assets | $ |
299.7 |
$ |
46.87 |
|
||
| Outstanding Shares |
|
6,393,646 |
|||||
| * 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 | $ |
49.2 |
|
11.7 |
% |
||
| Targa Resources Corp. | $ |
38.2 |
|
9.1 |
% |
||
| Western Midstream Partners LP | $ |
34.2 |
|
8.1 |
% |
||
| ONEOK Inc. | $ |
33.6 |
|
8.0 |
% |
||
| MPLX LP | $ |
32.2 |
|
7.6 |
% |
||
| Enterprise Products Partners LP | $ |
27.2 |
|
6.4 |
% |
||
| Williams Cos. Inc. | $ |
22.5 |
|
5.3 |
% |
||
| Kinder Morgan Inc. | $ |
21.9 |
|
5.2 |
% |
||
| Plains All American Pipeline LP | $ |
19.8 |
|
4.7 |
% |
||
| Plains GP Holdings LP | $ |
19.6 |
|
4.7 |
% |
||
$ |
298.4 |
|
70.8 |
% |
|||
| ** Subject to change at any time | |||||||
| *** Percent of Total Equity Investments | |||||||
ClearBridge Energy Midstream Opportunity 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/20240807193041/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
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