ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2017
July 07 2017 - 8:00AM
Business Wire
ClearBridge Energy MLP Total Return Fund Inc. (NYSE: CTR)
announced today the unaudited statement of assets and liabilities,
the net asset value and asset coverage ratio of the Fund as of June
30, 2017.
As of June 30, 2017, the Fund’s net assets were $516.3 million,
and its net asset value per share was $13.44. The Fund’s asset
coverage ratio under the Investment Company Act of 1940 (the “1940
Act”) with respect to senior indebtedness was 391% and the Fund’s
asset coverage ratio under the 1940 Act with respect to total
leverage was 363%.
As of June 30, 2017
Amount
(millions)
Per Share
Investments $ 728.7 $ 18.98 Cash and Cash Equivalents 4.2 $
0.11 Other Assets 1.6 $ 0.04 Total Assets $ 734.5 $ 19.13
Senior Notes* $ 142.0 $ 3.70 Loans Outstanding* 40.0 1.04
Mandatory Redeemable Preferred Shares* 14.0 0.37
Total Leverage $ 196.0 $ 5.11 Deferred Tax Liability $ 19.0
$ 0.50 Other Liabilities 3.2 0.08 Total Liabilities $
22.2 $ 0.58 Net Assets $ 516.3 $ 13.44
Outstanding Shares 38,400,142 * The Fund's asset coverage
ratio under the 1940 Act with respect to senior indebtedness was
391%. * The Fund's asset coverage ratio under the 1940 Act with
respect to total leverage was 363%. Top Ten Holdings (as of
June 30, 2017)** Market Value Name (millions) % of
Investments *** Enterprise Products Partners LP $ 62.4 8.5% Energy
Transfer Partners LP $ 45.7 6.2% Brookfield Infrastructure Partners
LP $ 41.6 5.7% Magellan Midstream Partners LP $ 41.2 5.6% Williams
Partners LP $ 40.2 5.5% Buckeye Partners LP $ 38.9 5.3% Oneok
Partners LP $ 36.7 5.0% Genesis Energy LP $ 35.7 4.9% Targa
Resources Corp $ 25.9 3.5% Enlink Midstream Partners LP $ 23.7
3.2% $ 392.0 53.4% **Subject to change at any
time ***Percent of Total Investments
ClearBridge Energy MLP Total Return 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 about the Fund, please call 1-888-777-0102
or consult the Fund’s website at www.lmcef.com. Hard copies of the
Fund’s complete audited financial statements are available free of
charge upon request.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170707005087/en/
Legg MasonMaria Rosati, 212-805-6036mrosati@leggmason.com.
ClearBridge MLP and Mids... (NYSE:CTR)
Historical Stock Chart
From Aug 2024 to Sep 2024
ClearBridge MLP and Mids... (NYSE:CTR)
Historical Stock Chart
From Sep 2023 to Sep 2024