ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2018
July 09 2018 - 8:30AM
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, 2018.
As of June 30, 2018, the Fund’s net assets were $451.3 million,
and its net asset value per share was $11.75. The Fund’s asset
coverage ratio under the Investment Company Act of 1940 (the “1940
Act”) with respect to senior indebtedness was 337% and the Fund’s
asset coverage ratio under the 1940 Act with respect to total
leverage was 315%.
As of June 30, 2018 Amount
(millions) Per Share Investments $ 662.2
$ 17.24 Cash and Cash Equivalents 6.8 $ 0.18 Other Assets
2.3 $ 0.06 Total Assets $ 671.3 $ 17.48 Senior
Notes* $ 142.0 $ 3.70 Loans Outstanding* 54.0 1.41 Mandatory
Redeemable Preferred Shares* 14.0 0.36 Total
Leverage $ 210.0 $ 5.47 Deferred Tax Liability $ 4.2
$ 0.11 Other Liabilities 5.8 0.15 Total
Liabilities $ 10.0 $ 0.26 Net Assets $ 451.3 $ 11.75
Outstanding Shares 38,400,142 * The Fund's
asset coverage ratio under the 1940 Act with respect to senior
indebtedness was 337%. * The Fund's asset coverage ratio under the
1940 Act with respect to total leverage was 315%. Top Ten
Holdings (as of June 30, 2018)** Market Value Name (millions)
% of Investments ***
Enterprise Products Partners LP $ 65.0 9.8 % Energy Transfer
Partners LP $ 46.3 7.0 % Williams Partners LP $ 41.9 6.3 % ONEOK,
Inc. $ 41.5 6.2 % Magellan Midstream Partners LP $ 35.7 5.4 %
Genesis Energy LP $ 29.7 4.5 % Targa Resources Corp. $ 28.4 4.3 %
EnLink Midstream Partners LP $ 23.1 3.5 % Plains All American
Pipeline LP $ 22.5 3.4 % Enable Midstream Partners LP $ 22.2
3.3 % $ 356.3 53.7 % **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: https://www.businesswire.com/news/home/20180709005157/en/
ClearBridge Energy MLP Total Return Fund Inc.Investor
Contact: Fund Investor Services 1-888-777-0102
ClearBridge MLP and Mids... (NYSE:CTR)
Historical Stock Chart
From Mar 2024 to Apr 2024
ClearBridge MLP and Mids... (NYSE:CTR)
Historical Stock Chart
From Apr 2023 to Apr 2024