ClearBridge Energy MLP Opportunity Fund Inc. Portfolio Composition as of June 30, 2018
ClearBridge Energy MLP Opportunity Fund Inc. (NYSE:EMO) announces its portfolio composition as of June 30, 2018.
Investment Objective: The Fund seeks to provide long-term investors a high level of total return with an emphasis on cash distributions.
Investment Strategy: The Fund seeks to achieve its objective by investing at least 80% of its managed assets in master limited partnerships (“MLPs”) in the energy sector under normal market conditions. The Fund focuses on MLPs with operations in crude oil, natural gas liquids and refined products infrastructure, though this may change over time, as the dynamic nature of the energy markets may create new and potentially attractive opportunities.
|
Portfolio Composition:* |
||||
|
Diversified Energy Infrastructure |
42.1% |
|||
|
Liquids Transportation & Storage |
26.4% |
|||
|
Gathering/Processing |
20.2% |
|||
|
Natural Gas Transportation & Storage |
5.3% |
|||
|
Refining |
2.7% |
|||
|
Propane |
1.5% |
|||
|
Shipping |
1.1% |
|||
|
Cash |
0.5% |
|||
|
Top 10 Holdings |
||||
| Enterprise Products Partners LP | 10.0% | |||
| Energy Transfer Partners LP | 7.4% | |||
| Williams Partners LP | 6.5% | |||
| Oneok Partners LP MLP | 6.3% | |||
| Magellan Midstream Partners LP | 4.8% | |||
| Genesis Energy LP | 4.6% | |||
| Targa Resources Corp. | 4.3% | |||
| Buckeye Partners LP | 3.9% | |||
| Plains All Americans Pipeline LP MLP | 3.7% | |||
| Western Gas Partners LP | 3.4% | |||
|
Portfolio Statistics: |
||||
|
Inception Date |
June 10, 2011 | |||
|
Inception Price |
$ 20.00 | |||
|
Total Assets |
$ 542,148,231 | |||
|
Net Assets** |
$ 360,148,231 | |||
|
Loans*** |
6.64% | |||
|
Fixed Rate Notes*** |
22.69% | |||
|
Preferred Shares*** |
4.24% | |||
|
Reverse Repos*** |
0.00% | |||
|
Market Price: |
$ 10.93 | |||
|
NAV |
$ 11.54 |
(Daily NAV is available on market quotation systems using the symbol XEMOX.)
|
Distribution Rate |
$ 0.3200 per share | |
|
Frequency |
Quarterly (declared quarterly, paid quarterly) | |
| * | Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time. | |
| ** | The difference between total assets and net assets, if any, is due primarily to the Fund’s use of borrowings and other liabilities; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund’s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded. | |
| *** | Percentages are based on total assets. | |
ClearBridge Energy MLP Opportunity Fund Inc. is a non-diversified, closed-end management investment company which is advised by Legg Mason Partners Fund Advisor, LLC (“LMPFA”) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). LMPFA and ClearBridge are wholly owned subsidiaries of Legg Mason, Inc.
An investment in the Fund involves risk, including loss of principal. The Fund's concentration of investments in energy related MLPs subject it to the risks of investing in MLPs and the energy sector. Investment return and the value of shares will fluctuate.
Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.
For more information, please call Fund Investor Services at 1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.
FN1112155
View source version on businesswire.com: https://www.businesswire.com/news/home/20180802005997/en/
For ClearBridge Energy MLP Opportunity Fund Inc.:
Fund Investor
Services, 1-888-777-0102
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
