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ClearBridge Energy Midstream Opportunity Fund Inc. Announces Change in Portfolio Management Team

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ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) has announced a change in its portfolio management team. Chris Eades will retire and step down from the team effective December 31, 2024. The Fund will continue to be managed by ClearBridge Investments, portfolio managers Peter Vanderlee, CFA and Patrick McElroy, CFA.

The Fund is a non-diversified, closed-end management investment company managed by Franklin Templeton Fund Adviser, (FTFA) and subadvised by ClearBridge. Both FTFA and ClearBridge are indirect wholly-owned subsidiaries of Franklin Resources, Inc., which operates as Franklin Templeton.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) ha annunciato un cambiamento nel team di gestione del suo portafoglio. Chris Eades si ritirerà e lascerà il team a partire dal 31 dicembre 2024. Il Fondo continuerà ad essere gestito da ClearBridge Investments, dai manager di portafoglio Peter Vanderlee, CFA e Patrick McElroy, CFA.

Il Fondo è una società di investimento a gestione chiusa e non diversificata gestita da Franklin Templeton Fund Adviser (FTFA) e ulteriormente consigliata da ClearBridge. Sia FTFA che ClearBridge sono sussidiarie indirettamente interamente possedute da Franklin Resources, Inc., che opera come Franklin Templeton.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) ha anunciado un cambio en su equipo de gestión de cartera. Chris Eades se retirará y dejará el equipo a partir del 31 de diciembre de 2024. El Fondo seguirá siendo gestionado por ClearBridge Investments, por los gestores de cartera Peter Vanderlee, CFA y Patrick McElroy, CFA.

El Fondo es una sociedad de inversión de gestión cerrada y no diversificada, gestionada por Franklin Templeton Fund Adviser (FTFA) y asesorada por ClearBridge. Tanto FTFA como ClearBridge son subsidiarias indirectamente de propiedad total de Franklin Resources, Inc., que opera como Franklin Templeton.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO)는 포트폴리오 관리 팀의 변화를 발표했습니다. Chris Eades가 은퇴하고 팀에서 물러납니다.2024년 12월 31일부로 효력이 발생합니다. 이 펀드는 Peter Vanderlee, CFA와 Patrick McElroy, CFA가 있는 ClearBridge Investments에 의해 계속 관리될 것입니다.

이 펀드는 Franklin Templeton Fund Adviser(FTFA)가 관리하고 ClearBridge가 자문을 제공하는 비다각화된 폐쇄형 투자회사입니다. FTFA와 ClearBridge는 모두 Franklin Resources, Inc.의 간접 완전 자회사로 Franklin Templeton으로 운영됩니다.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) a annoncé un changement dans son équipe de gestion de portefeuille. Chris Eades prendra sa retraite et se retirera de l'équipe à compter du 31 décembre 2024. Le Fonds continuera d'être géré par ClearBridge Investments, par les gestionnaires de portefeuille Peter Vanderlee, CFA et Patrick McElroy, CFA.

Le Fonds est une société d'investissement de gestion fermée et non diversifiée, gérée par Franklin Templeton Fund Adviser (FTFA) et sous-conseillée par ClearBridge. FTFA et ClearBridge sont toutes deux des filiales indirectes entièrement détenues par Franklin Resources, Inc., qui opère sous le nom de Franklin Templeton.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) hat eine Änderung im Portfolio-Management-Team bekannt gegeben. Chris Eades wird in den Ruhestand gehen und das Team verlassen, wirksam zum 31. Dezember 2024. Der Fonds wird weiterhin von ClearBridge Investments, den Portfoliomanagern Peter Vanderlee, CFA und Patrick McElroy, CFA, verwaltet.

Der Fonds ist ein nicht diversifizierter, geschlossener Investmentfonds, der von Franklin Templeton Fund Adviser (FTFA) verwaltet und von ClearBridge beraten wird. Sowohl FTFA als auch ClearBridge sind indirekte, vollständig im Besitz von Franklin Resources, Inc., das als Franklin Templeton agiert.

Positive
  • Continuity in management with two experienced portfolio managers remaining
Negative
  • Loss of expertise with the retirement of Chris Eades from the portfolio management team

NEW YORK--(BUSINESS WIRE)-- ClearBridge Energy Midstream Opportunity Fund Inc. (the “Fund”) (NYSE: EMO) announced today that effective December 31, 2024, Chris Eades will retire and step down as a member of the Fund’s portfolio management team. The Fund will continue to be managed by ClearBridge Investments, LLC (“ClearBridge”) portfolio managers Peter Vanderlee, CFA and Patrick McElroy, CFA.

The Fund is a non-diversified, closed-end management investment company managed by Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) (“FTFA”), and subadvised by ClearBridge. FTFA and ClearBridge are both indirect wholly-owned subsidiaries of Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton.

For more information, please call Investor Relations on 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.

About Franklin Templeton

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of July 31, 2024. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

Category: Fund Announcement

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

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

Media Contact: Lisa Tibbitts

+1 (904) 942-4451

Lisa.Tibbitts@franklintempleton.com

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

FAQ

When will Chris Eades retire from ClearBridge Energy Midstream Opportunity Fund Inc. (EMO)?

Chris Eades will retire and step down as a member of the Fund's portfolio management team effective December 31, 2024.

Who will manage ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) after Chris Eades' retirement?

The Fund will continue to be managed by ClearBridge Investments, portfolio managers Peter Vanderlee, CFA and Patrick McElroy, CFA.

What type of investment company is ClearBridge Energy Midstream Opportunity Fund Inc. (EMO)?

ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) is a non-diversified, closed-end management investment company.

Who manages and subadvises ClearBridge Energy Midstream Opportunity Fund Inc. (EMO)?

The Fund is managed by Franklin Templeton Fund Adviser, (FTFA) and subadvised by ClearBridge Investments,

ClearBridge Energy Midstream Opportunity Fund Inc.

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