ClearBridge MLP and Midstream Total Return Fund (NYSE:CTR) released its unaudited statement of assets and liabilities as of January 31, 2021. The Fund’s net assets totaled $148.0 million, with a net asset value per share of $20.38. Its asset coverage ratios under the Investment Company Act of 1940 were 435% for senior indebtedness and 353% for total leverage. Additionally, it repurchased and retired 10,706 shares for $175,213 during January 2021.
Legg Mason Partners Fund Advisor, LLC announced the distributions for February 2021 for several closed-end funds. Key dates include the record date of 2/19/2021, ex-dividend date of 2/18/2021, and payable date of 2/26/2021. The funds include:
- CEM: $0.4750, no change from previous distribution.
- EMO: $0.3250, no change from previous distribution.
- CTR: $0.4000, no change from previous distribution.
The distributions may involve dividend income, return of capital, or both for tax purposes.
ClearBridge MLP and Midstream Total Return Fund (NYSE: CTR) reported its unaudited assets and liabilities as of December 31, 2020. The Fund's net assets totaled $137.3 million with a net asset value per share of $18.87. It exhibited strong asset coverage ratios: 427% for senior debt and 343% for total leverage. Total assets amount to $194.5 million, while total liabilities were only $0.8 million. The Fund repurchased 96,242 shares for $1,533,876 during December 2020.
ClearBridge MLP and Midstream Total Return Fund (NYSE: CTR) released its unaudited financials as of October 31, 2020. The Fund reported net assets of $104.3 million and a net asset value per share of $14.01. It achieved an asset coverage ratio of 456% for senior indebtedness and 340% for total leverage under the Investment Company Act of 1940. Total assets were $153.9 million, including investments of $144.8 million. The Fund retired 77,561 shares for $873,592 during the month.