ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of February 28, 2025
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) has released its unaudited financial statement as of February 28, 2025. The Fund reported net assets of $1,003.6 million and a net asset value per share of $55.17.
The Fund's asset coverage ratios under the Investment Company Act of 1940 showed strong leverage management, with 604% coverage for senior indebtedness and 424% coverage for total leverage. The Fund is a non-diversified, closed-end management investment company managed 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 auditato al 28 febbraio 2025. Il Fondo ha riportato attivi netti di $1,003.6 milioni e un valore netto per azione di $55.17.
I rapporti di copertura degli attivi del Fondo, ai sensi dell'Investment Company Act del 1940, hanno mostrato una gestione della leva finanziaria robusta, con una copertura del 604% per il debito senior e una copertura del 424% per la leva totale. Il Fondo è una società di investimento chiusa e non diversificata, gestita da Franklin Templeton Fund Adviser e co-gestita da ClearBridge Investments, entrambe sussidiarie indirette di Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) ha publicado su estado financiero no auditado a fecha del 28 de febrero de 2025. El Fondo reportó activos netos de $1,003.6 millones y un valor neto por acción de $55.17.
Los ratios de cobertura de activos del Fondo bajo la Ley de Compañías de Inversión de 1940 mostraron una sólida gestión de apalancamiento, con una cobertura del 604% para la deuda senior y una cobertura del 424% para el apalancamiento total. El Fondo es una compañía de inversión cerrada y no diversificada, gestionada por Franklin Templeton Fund Adviser y asesorada por ClearBridge Investments, ambas subsidiarias indirectas de Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO)는 2025년 2월 28일 기준의 감사되지 않은 재무제표를 발표했습니다. 이 기금은 순자산이 10억 36백만 달러와 주당 순자산 가치가 55.17달러라고 보고했습니다.
1940년 투자회사법에 따른 기금의 자산 커버리지 비율은 강력한 레버리지 관리를 보여주었으며, 선순위 채무에 대한 604%의 커버리지와 총 레버리지에 대한 424%의 커버리지를 기록했습니다. 이 기금은 Franklin Templeton Fund Adviser에 의해 관리되는 비다양화 폐쇄형 투자 회사이며, ClearBridge Investments에 의해 보조 관리되고 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 28 février 2025. Le Fonds a déclaré des actifs nets de 1 003,6 millions de dollars et une valeur nette par action de 55,17 dollars.
Les ratios de couverture des actifs du Fonds selon la loi de 1940 sur les sociétés d'investissement ont montré une gestion solide de l'effet de levier, avec une couverture de 604 % pour la dette senior et une couverture de 424 % pour l'effet de levier total. Le Fonds est une société d'investissement fermée et non diversifiée, gérée par Franklin Templeton Fund Adviser et conseillée par ClearBridge Investments, toutes deux des filiales indirectes de Franklin Resources, Inc.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) hat seinen ungeprüften Finanzbericht zum 28. Februar 2025 veröffentlicht. Der Fonds berichtete von Nettovermögen in Höhe von 1.003,6 Millionen Dollar und einem Nettovermögenswert pro Aktie von 55,17 Dollar.
Die Vermögensdeckungsquoten des Fonds gemäß dem Investment Company Act von 1940 zeigten ein starkes Hebelmanagement, mit einer 604%igen Deckung für vorrangige Verbindlichkeiten und einer 424%igen Deckung für das Gesamthebel. Der Fonds ist ein nicht diversifizierter, geschlossener Investmentfonds, der von Franklin Templeton Fund Adviser verwaltet und von ClearBridge Investments beraten wird, beides indirekte Tochtergesellschaften von Franklin Resources, Inc.
- Strong net assets of $1,003.6 million
- Robust asset coverage ratio of 604% for senior indebtedness
- Healthy total leverage coverage ratio of 424%
- None.
Insights
ClearBridge Energy Midstream Opportunity Fund's latest balance sheet information reveals some interesting metrics for investors tracking this closed-end fund. The fund reported
What's particularly notable is the significant discount at which the fund is trading - with a current market price of
The fund's leverage metrics also deserve attention. With an asset coverage ratio of
For context, EMO focuses on energy infrastructure investments, particularly midstream assets like pipelines and storage facilities that typically generate fee-based revenues. The strong asset coverage ratios suggest the management team is maintaining a prudent approach to leverage while positioning the fund to capitalize on opportunities in the energy transportation and storage sector.
As of February 28, 2025, the Fund’s net assets were
| As of February 28, 2025 | |||||
| Amount (millions) | Per Share | ||||
| Investments | $ |
1,334.4 |
$ |
73.36 |
|
| Cash and Cash Equivalents |
|
50.5 |
|
2.78 |
|
| Other Assets |
|
11.7 |
|
0.64 |
|
| Total Assets | $ |
1,396.6 |
$ |
76.78 |
|
| Senior Notes* | $ |
53.4 |
$ |
2.94 |
|
| Loans Outstanding* |
|
164.0 |
|
9.02 |
|
| Mandatory Redeemable Preferred Shares* |
|
92.4 |
|
5.08 |
|
| Total Leverage | $ |
309.8 |
$ |
17.04 |
|
| Deferred Tax Liability | $ |
71.7 |
$ |
3.94 |
|
| Distributions Payable |
|
6.0 |
|
0.33 |
|
| Other Liabilities |
|
5.5 |
|
0.30 |
|
| Total Liabilities | $ |
83.2 |
$ |
4.57 |
|
| Net Assets | $ |
1,003.6 |
$ |
55.17 |
|
| Outstanding Shares |
|
18,190,226 |
|||
| * 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 February 28, 2025)** | ||||||
| Market Value | ||||||
| Name | (millions) | % of Investments | *** | |||
| Energy Transfer LP | $ |
156.9 |
11.8 |
% |
||
| Targa Resources Corp. | $ |
148.6 |
11.1 |
% |
||
| ONEOK Inc. | $ |
121.9 |
9.1 |
% |
||
| MPLX LP | $ |
117.3 |
8.8 |
% |
||
| Western Midstream Partners LP | $ |
94.3 |
7.1 |
% |
||
| Enterprise Products Partners LP | $ |
89.0 |
6.7 |
% |
||
| Williams Cos. Inc. | $ |
85.5 |
6.4 |
% |
||
| Kinder Morgan Inc. | $ |
73.8 |
5.5 |
% |
||
| Plains All American Pipeline LP | $ |
63.8 |
4.8 |
% |
||
| Plains GP Holdings LP | $ |
63.4 |
4.8 |
% |
||
$ |
1,014.5 |
76.1 |
% |
|||
** 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”) 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/20250307618160/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What is the current net asset value (NAV) per share of ClearBridge Energy Midstream Opportunity Fund (EMO)?
How much are EMO's total net assets as of February 2025?
What is EMO's asset coverage ratio for senior indebtedness?
What is the total leverage coverage ratio for EMO Fund?
