ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2024
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) has released its unaudited financial statement as of August 31, 2024. The Fund's net assets stood at $306.7 million, with a net asset value per share of $47.97. The Fund's asset coverage ratio under the Investment Company Act of 1940 was 440% for senior indebtedness and 353% for total leverage. Total assets were $438.5 million, with investments accounting for $425.9 million. The Fund's top equity holding was Energy Transfer LP, representing 11.4% of investments. The Fund is advised by Franklin Templeton Fund Adviser, and subadvised by ClearBridge Investments,
Il ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) ha pubblicato il suo bilancio non verificato al 31 agosto 2024. Gli attivi netti del Fondo ammontavano a $306,7 milioni, con un valore netto per azione di $47,97. Il rapporto di copertura degli attivi del Fondo secondo il Investment Company Act del 1940 era del 440% per il debito senior e del 353% per la leva totale. Gli attivi totali ammontavano a $438,5 milioni, con gli investimenti che rappresentavano $425,9 milioni. La principale partecipazione azionaria del Fondo era Energy Transfer LP, che rappresentava il 11,4% degli investimenti. Il Fondo è consigliato da Franklin Templeton Fund Adviser e coadiuvato da ClearBridge Investments.
El ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) ha publicado su estado financiero no auditado al 31 de agosto de 2024. Los activos netos del Fondo eran de $306.7 millones, con un valor de activos netos por acción de $47.97. El ratio de cobertura de activos del Fondo bajo la Ley de Compañías de Inversión de 1940 fue de 440% para la deuda senior y de 353% para el apalancamiento total. Los activos totales eran de $438.5 millones, con inversiones que representaban $425.9 millones. La principal participación en acciones del Fondo era Energy Transfer LP, representando el 11.4% de las inversiones. El Fondo es asesorado por Franklin Templeton Fund Adviser y subasesorado por ClearBridge Investments.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO)는 2024년 8월 31일 현재의 감사되지 않은 재무 제표를 발표했습니다. 이 펀드의 순자산은 $306.7백만에 달하며, 주당 순자산 가치는 $47.97입니다. 1940년 투자회사법에 따른 자산 커버리지 비율은 선순위 부채에 대해 440%, 총 레버리지에 대해 353%였습니다. 총 자산은 $438.5백만이며 투자는 $425.9백만을 차지했습니다. 펀드의 주요 주식 보유는 Energy Transfer LP로, 투자의 11.4%를 차지했습니다. 이 펀드는 Franklin Templeton Fund Adviser에 의해 조언을 받으며, ClearBridge Investments에 의해 보조 조언을 받습니다.
Le ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) a publié son état financier non audité au 31 août 2024. Les actifs nets du Fonds s'élevaient à 306,7 millions de dollars, avec une valeur nette d'actif par action de 47,97 dollars. Le ratio de couverture des actifs du Fonds selon la loi sur les sociétés d'investissement de 1940 était de 440% pour la dette senior et de 353% pour l'effet de levier total. Les actifs totaux étaient de 438,5 millions de dollars, avec des investissements représentant 425,9 millions de dollars. La principale participation en actions du Fonds était Energy Transfer LP, représentant 11,4% des investissements. Le Fonds est conseillé par Franklin Templeton Fund Adviser et sous-conseillé par ClearBridge Investments.
Der ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) hat seinen nicht überprüften Finanzbericht zum 31. August 2024 veröffentlicht. Das Nettovermögen des Fonds betrug 306,7 Millionen USD, mit einem Nettovermögenswert pro Aktie von 47,97 USD. Das Vermögensdeckungsverhältnis des Fonds gemäß dem Investment Company Act von 1940 lag bei 440% für vorrangige Schulden und 353% für die gesamte Hebelwirkung. Die gesamten Vermögenswerte betrugen 438,5 Millionen USD, wobei die Investitionen 425,9 Millionen USD ausmachten. Der größte Aktienanteil des Fonds war Energy Transfer LP, was 11,4% der Investitionen ausmachte. Der Fonds wird von Franklin Templeton Fund Adviser beraten und von ClearBridge Investments unterstützt.
- Net assets of $306.7 million, indicating a strong financial position
- High asset coverage ratios: 440% for senior indebtedness and 353% for total leverage
- Diversified portfolio with top 10 holdings representing 71.5% of total equity investments
- Energy Transfer LP as the largest holding at 11.4% of investments, showing strategic positioning in the energy sector
- None.
As of August 31, 2024, the Fund’s net assets were
| As of August 31, 2024 | |||||||
| Amount (millions) | Per Share | ||||||
| Investments | $ |
425.9 |
$ |
66.62 |
|
||
| Cash and Cash Equivalents |
|
9.4 |
|
1.47 |
|
||
| Other Assets |
|
3.2 |
|
0.50 |
|
||
| Total Assets | $ |
438.5 |
$ |
68.59 |
|
||
| Senior Notes* | $ |
21.3 |
$ |
3.33 |
|
||
| Loans Outstanding* |
|
76.0 |
|
11.89 |
|
||
| Mandatory Redeemable Preferred Shares* |
|
24.0 |
|
3.75 |
|
||
| Total Leverage | $ |
121.3 |
$ |
18.97 |
|
||
| Deferred Tax Liability | $ |
6.3 |
$ |
0.99 |
|
||
| Other Liabilities |
|
4.2 |
|
0.66 |
|
||
| Total Liabilities | $ |
10.5 |
$ |
1.65 |
|
||
| Net Assets | $ |
306.7 |
$ |
47.97 |
|
||
| 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 August 31, 2024)** | |||||||
| Market Value | |||||||
| Name | (millions) | % of Investments |
*** | ||||
| Energy Transfer LP | $ |
48.7 |
|
11.4 |
% |
||
| Targa Resources Corp. | $ |
41.5 |
|
9.7 |
% |
||
| ONEOK Inc. | $ |
37.2 |
|
8.7 |
% |
||
| Western Midstream Partners LP | $ |
32.3 |
|
7.6 |
% |
||
| MPLX LP | $ |
32.3 |
|
7.6 |
% |
||
| Enterprise Products Partners LP | $ |
27.6 |
|
6.5 |
% |
||
| Williams Cos. Inc. | $ |
24.0 |
|
5.6 |
% |
||
| Kinder Morgan Inc. | $ |
22.3 |
|
5.2 |
% |
||
| Plains GP Holdings LP | $ |
19.7 |
|
4.6 |
% |
||
| Plains All American Pipeline LP | $ |
19.5 |
|
4.6 |
% |
||
$ |
305.1 |
|
71.5 |
% |
|||
| ** 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/20240906449978/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
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