ClearBridge Energy Midstream Opportunity Fund Inc. reports recurring closed-end fund updates on net asset value, statements of assets and liabilities, asset coverage under the Investment Company Act of 1940, and leverage that includes senior notes, loans outstanding and mandatory redeemable preferred shares. The Fund is a non-diversified closed-end management investment company focused on energy midstream entities involved in services such as gathering, transportation, processing, storage and distribution of oil, natural gas liquids and natural gas.
News also covers stockholder meeting results, director elections, auditor ratification and capital actions such as rights offerings. The Fund is advised by Franklin Templeton Fund Adviser, LLC and subadvised by ClearBridge Investments, LLC.
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its unaudited financials as of December 31, 2021. The Fund's net assets stood at $361.8 million with a net asset value per share of $27.60. The asset coverage ratio for senior indebtedness reached 426% and 316% for total leverage. The Fund's investments totaled $507.7 million, while cash and equivalents were $15.9 million. During December, 94,774 shares were repurchased, totaling $2,063,074 in market value.
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its unaudited assets and liabilities as of November 30, 2021. The total net assets were $350.5 million, with a net asset value per share of $26.53. The Fund's asset coverage ratio for senior indebtedness was a robust 417%, while total leverage stood at 310%. Additionally, during November 2021, the Fund repurchased 105,187 shares for approximately $2.43 million.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) reported its unaudited asset statement as of October 31, 2021. The Fund's net assets total $393.2 million, with a net asset value per share at $29.55. Key metrics include an asset coverage ratio of 452% for senior indebtedness and 335% for total leverage under the Investment Company Act of 1940. Total assets reached $561.9 million, and investments amounted to $538.5 million. The outstanding shares are reported at 13,307,118. This data is unaudited and available for review on the SEC's website.
Legg Mason Partners Fund Advisor announced the distributions for several closed-end funds for November 2021. The key dates include:
- Record Date: 11/22/2021
- Ex-Dividend Date: 11/19/2021
- Payable Date: 11/30/2021
The funds and their respective distribution amounts are:
- CEM: $0.4800
- EMO: $0.3800
- CTR: $0.4200
Distributions may be classified for tax purposes as either dividend income or return of capital.
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its unaudited asset statement as of September 30, 2021. The fund's net assets stood at $361.4 million, with a net asset value per share of $27.16. The asset coverage ratio with respect to senior indebtedness was 460%, while the total leverage ratio was 333%. Total assets reached $527.8 million, indicating a stable investment position for the fund.
On August 31, 2021, ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported net assets of $341.1 million and a net asset value per share of $25.63. The Fund achieved an asset coverage ratio of 443% regarding senior indebtedness and 320% for total leverage. Total assets were valued at $497.4 million, with investments amounting to $486.5 million. The Fund's operational metrics indicate strong financial leverage management, supporting its investment strategy in the energy midstream sector.
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) reported its unaudited financials as of July 31, 2021. The Fund's net assets stood at $353.0 million with a net asset value per share of $26.53. Notably, the asset coverage ratio for senior debt was 453%, while total leverage was at 327%. Total assets amounted to $510.1 million, with investments of $496.6 million. The Fund's total leverage is $155.2 million, highlighting its financial positioning.
Legg Mason Partners Fund Advisor, LLC has declared monthly distributions for August 2021 for several closed-end funds. Key dates include:
- Record Date: 8/24/2021
- Ex-Dividend Date: 8/23/2021
- Payable Date: 8/31/2021
The funds involved are ClearBridge MLP and Midstream Fund (CEM) with $0.4800, ClearBridge Energy Midstream Opportunity Fund (EMO) with $0.3800, and ClearBridge MLP and Midstream Total Return Fund (CTR) with $0.4200. Distributions may be classified as dividend income or return of capital for tax purposes.
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) reported its unaudited financials as of June 30, 2021, showing net assets of $381.9 million and a net asset value (NAV) per share of $28.70. The asset coverage ratio for senior indebtedness stands at 479%, while total leverage is at 346%.
The Fund’s total assets amount to $538.6 million, with investments worth $524.3 million. Cash and cash equivalents are reported at $7.4 million.
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) announced its unaudited financials as of May 31, 2021. The Fund reported net assets of $353.8 million and a net asset value (NAV) per share of $26.58. Its asset coverage ratio for senior indebtedness was 489%, and 344% for total leverage. The Fund's total assets stood at $500.1 million, with a total leverage of $145.2 million. It also disclosed a portfolio with investments totaling $487.9 million.