Powered by Business Wire
Search Results for Topix.net

ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2014

NEW YORK--(BUSINESS WIRE)--ClearBridge Energy MLP Opportunity Fund Inc. (NYSE: EMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of June 30, 2014. The information stated below will be provided by the 5th business day of each month.

As of June 30, 2014, the Fund’s net assets were $851.7 million, and its net asset value per share was $27.54. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to total leverage was 476%.

   
As of June 30, 2014
     

Amount (millions)

Per Share

 
Investments $ 1,304.7 $ 42.19
Other Assets   2.9   0.09  
Total Assets $ 1,307.6 $ 42.28  
 
Senior Notes* $ 150.0 $ 4.85
Loan Outstanding*   62.0   2.01  
Total Leverage $ 212.0 $ 6.86  
 
Deferred Tax Liability $ 226.8 $ 7.33
Other Liabilities   17.1   0.55  
Total Liabilities $ 243.9

 

$ 7.88
   
Net Assets $ 851.7 $ 27.54  
 
Outstanding Shares 30,920,882
 
* As of June 30, 2014, the Fund's asset coverage ratio under the 1940 Act was 476%.
 
Top Ten Holdings (as of June 30, 2014)**
Market Value
Name   (millions) % of Investments ***
Enterprise Products Partners LP $ 109.9 8.4 %
Targa Resources Partners LP 83.1 6.4 %
Energy Transfer Equity LP 68.2 5.2 %
Magellan Midstream Partners LP 65.5 5.0 %
Plains All American Pipeline LP 64.7 5.0 %
MarkWest Energy Partners LP 61.7 4.7 %
Kinder Morgan Management LLC Shares 59.4 4.6 %
DCP Midstream Partners LP 52.7 4.0 %
Enbridge Energy Partners LP 43.1 3.3 %
Genesis Energy LP   42.9   3.3 %
$ 651.2   49.9 %
 
**Subject to change at any time
***Percent of Total Investments
 
 
 

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. (“Legg Mason”).

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

For more information, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com.

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.

Contacts

Media:
Legg Mason, Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com