ClearBridge Energy Midstream Opportunity - EMO STOCK NEWS

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) released its unaudited financials as of September 30, 2022. The Fund has net assets of $388.8 million and a net asset value per share of $30.10. The asset coverage ratios are strong, with 378% for senior indebtedness and 308% for total leverage. Total assets stand at $579.1 million, with investments totaling $566.4 million. The Fund maintains a total leverage of $187.2 million. This information is crucial for investors assessing the Fund's financial health.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) released its unaudited financial statement for August 31, 2022, reporting net assets of $448.7 million and a net asset value per share of $34.74. The Fund boasts a robust asset coverage ratio of 418% for senior indebtedness and 340% for total leverage. Total assets amount to $637.4 million, while total liabilities are $1.5 million. Cash and cash equivalents stand at $1.8 million. The Fund's top ten equity holdings represent 57.5% of its total investments.

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its unaudited financials as of July 31, 2022. The Fund's net assets were $442.0 million with a net asset value per share of $34.22. It boasts a strong asset coverage ratio of 416% for senior debt and 331% for total leverage. Total assets stood at $635.1 million, with total liabilities at just $2.0 million. Investments totaled $605.3 million, reflecting strong management under Legg Mason Partners and ClearBridge Investments.

Legg Mason Partners Fund Advisor announced August 2022 distributions for closed-end funds including CEM, EMO, and CTR. Key dates are the record date of August 24, 2022, ex-dividend date of August 23, 2022, and payable date of August 31, 2022. The distributions are $0.6100 for CEM, $0.5100 for EMO, and $0.5300 for CTR, each reflecting a $0.0100 increase from previous distributions. According to Portfolio Manager Chris Eades, midstream industry fundamentals are improving, leading to accelerated free cash flow and expected higher dividend growth.

ClearBridge MLP and Midstream Fund (CEM), ClearBridge Energy Opportunity Fund (EMO), and ClearBridge MLP and Midstream Total Return Fund (CTR) have announced the amendment of their share repurchase programs. Each Fund is authorized to repurchase an additional 10% of outstanding common stock whenever shares trade below net asset value (NAV). This initiative aims to enhance shareholder value by canceling repurchased shares, thus increasing NAV for remaining shareholders. The Funds’ management will decide on repurchases without specific obligations on amount or discount levels.

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) released its unaudited financial report for June 30, 2022. The Fund reported net assets of $379.3 million and a net asset value per share of $29.36. Its asset coverage ratio was 375% for senior indebtedness and 298% for total leverage. The Fund holds total assets of $572 million and has outstanding shares totaling 12,917,291. In June, the Fund repurchased 1,817 shares for $55,447.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) reported its unaudited financial status as of May 31, 2022. The Fund's net assets totaled $474.4 million, resulting in a net asset value per share of $36.70. The asset coverage ratios stood at 411% for senior indebtedness and 332% for total leverage. Over the month, the Fund repurchased and retired 63,136 common shares, totaling $1,835,226. The financial data remains unaudited and reports are accessible via the SEC's website.

ClearBridge Energy Midstream Opportunity Fund announced its unaudited financial results as of April 30, 2022. The Fund's net assets reached $446.7 million, with a net asset value per share of $34.41. The asset coverage ratio for senior indebtedness was 394%, while total leverage stood at 319%. Key investments included Enterprise Products Partners LP and MPLX LP, contributing significantly to the overall investment portfolio.

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its financials as of March 31, 2022. The Fund's net assets stood at $455.5 million, with a net asset value (NAV) per share of $35.08. It boasted an impressive asset coverage ratio of 399% for senior indebtedness and 323% for total leverage. The Fund has total assets of $661.3 million, including investments worth $648.2 million. Notably, it repurchased 124,913 common shares during the month for a total of $3.25 million.