ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of September 30, 2021
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its unaudited asset statement as of September 30, 2021. The fund's net assets stood at $361.4 million, with a net asset value per share of $27.16. The asset coverage ratio with respect to senior indebtedness was 460%, while the total leverage ratio was 333%. Total assets reached $527.8 million, indicating a stable investment position for the fund.
- Net assets at $361.4 million indicating strong capital base.
- Net asset value per share of $27.16 suggests solid valuation.
- Asset coverage ratio of 460% shows strong capacity to cover senior debts.
- Total assets of $527.8 million reflect robust financial health.
- None.
As of
As of |
||||||
Amount (millions) | Per Share | |||||
Investments | $ |
507.2 |
$ |
38.11 |
||
Cash and Cash Equivalents |
|
4.2 |
|
0.32 |
||
Other Assets |
|
16.4 |
|
1.23 |
||
Total Assets | $ |
527.8 |
$ |
39.66 |
||
Senior Notes* | $ |
45.1 |
$ |
3.39 |
||
Loans Outstanding* |
|
67.0 |
|
5.03 |
||
Mandatory Redeemable Preferred Shares* |
|
43.1 |
|
3.24 |
||
Total Leverage | $ |
155.2 |
$ |
11.66 |
||
Other Liabilities | $ |
11.2 |
$ |
0.84 |
||
Total Liabilities | $ |
11.2 |
$ |
0.84 |
||
Net Assets | $ |
361.4 |
$ |
27.16 |
||
Outstanding Shares |
|
13,307,118 |
||||
* 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 |
||||||
Market Value | ||||||
(millions) | % of Investments | *** | ||||
Targa Resources Corp. | $ |
42.1 |
|
|
||
MPLX LP | $ |
41.3 |
|
|
||
Enterprise Products Partners LP | $ |
34.5 |
|
|
||
Western Midstream Partners LP | $ |
30.8 |
|
|
||
Williams Cos. Inc. | $ |
28.5 |
|
|
||
DCP Midstream LP | $ |
28.2 |
|
|
||
Energy Transfer LP | $ |
23.4 |
|
|
||
Magellan Midstream Partners LP | $ |
21.3 |
|
|
||
Enbridge Inc. | $ |
20.2 |
|
|
||
Antero Midstream Corp. | $ |
19.4 |
|
|
||
$ |
289.7 |
|
|
|||
** Subject to change at any time | ||||||
*** Percent of Total Equity Investments |
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the
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/20211007005476/en/
Investor Contact:
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What are the net assets of ClearBridge Energy Midstream Opportunity Fund (EMO) as of September 30, 2021?
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