Franklin Templeton Fund Adviser, LLC Announces Distributions for the Month of February 2024

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Franklin Templeton Fund Adviser, LLC announced the February 2024 distributions for certain closed-end funds, including ClearBridge MLP and Midstream Fund Inc. (CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (EMO), and ClearBridge MLP and Midstream Total Return Fund Inc. (CTR). The distributions may be treated as dividend income, return of capital, or a combination thereof for tax purposes. Stockholders will receive a Form 1099-DIV in early 2025 for tax reporting purposes.

NEW YORK--(BUSINESS WIRE)--

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the month of February 2024.

The following dates apply to the distribution schedule below:

Month	Record Date	Ex-Dividend Date	Payable Date
February	2/22/2024	2/21/2024	2/29/2024

Ticker	Fund Name	Amount	Change from Previous Distribution
CEM	ClearBridge MLP and Midstream Fund Inc.	$0.7700	--
EMO	ClearBridge Energy Midstream Opportunity Fund Inc.	$0.6700	$0.0200
CTR	ClearBridge MLP and Midstream Total Return Fund Inc.	$0.7000	--

The distributions may be treated as dividend income, return of capital or a combination thereof for tax purposes. This press release is not for tax reporting purposes. In early 2025, after definitive information is available, the Funds will send stockholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Funds during the prior calendar year should be characterized for purposes of reporting the distributions on a stockholder’s tax return (e.g., dividend income or return of capital).

Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”).

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ 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 Funds.

The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20240119863226/en/

Investor Contact: Fund Investor Services 1-888-777-0102

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

What are the distribution dates for February 2024 for CEM, EMO, and CTR?

The record date is 2/22/2024, the ex-dividend date is 2/21/2024, and the payable date is 2/29/2024.

What is the distribution amount for CEM in February 2024?

The distribution amount for ClearBridge MLP and Midstream Fund Inc. (CEM) is $0.7700.

What is the change in distribution amount for EMO compared to the previous distribution?

The distribution amount for ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) is $0.6700, with a change of $0.0200 from the previous distribution.

How will the distributions be treated for tax purposes?

The distributions may be treated as dividend income, return of capital, or a combination thereof for tax purposes.

When will stockholders receive a Form 1099-DIV for tax reporting purposes?

Stockholders will receive a Form 1099-DIV in early 2025 for tax reporting purposes.