Welcome to our dedicated page for ClearBridge MLP and Midstream TR news (Ticker: CTR), a resource for investors and traders seeking the latest updates and insights on ClearBridge MLP and Midstream TR stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ClearBridge MLP and Midstream TR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ClearBridge MLP and Midstream TR's position in the market.
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.