ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of September 30, 2017
06 October 2017 - 11:00PM
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
September 30, 2017.
As of September 30, 2017, the Fund’s net assets were $499.5
million, and its net asset value per share was $13.01. The Fund’s
asset coverage ratio under the Investment Company Act of 1940 (the
“1940 Act”) with respect to senior indebtedness was 382% and the
Fund’s asset coverage ratio under the 1940 Act with respect to
total leverage was 355%
As of September 30, 2017
Amount (millions) Per Share
Investments $ 696.0 $ 18.12 Cash and Cash Equivalents 16.0 $ 0.42
Other Assets 1.5 $ 0.04 Total Assets $ 713.5 $ 18.58
Senior Notes* $ 142.0 $ 3.70 Loans Outstanding* 40.0
1.04 Mandatory Redeemable Preferred Shares* 14.0 0.36
Total Leverage $ 196.0 $ 5.10 Deferred Tax
Liability $ 15.6 $ 0.41 Other Liabilities 2.4 0.06
Total Liabilities $ 18.0 $ 0.47 Net Assets $
499.5 $ 13.01 Outstanding Shares 38,400,142 *
The Fund's asset coverage ratio under the 1940 Act with respect to
senior indebtedness was 382%. * The Fund's asset coverage ratio
under the 1940 Act with respect to total leverage was 355%.
Top Ten Holdings (as of September 30, 2017)** Market Value Name
(millions)
% of Investments ***
Enterprise Products Partners LP $ 60.1 8.4 % Magellan Midstream
Partners LP $ 41.0 5.8 % Energy Transfer Partners LP $ 41.0 5.8 %
ONEOK, Inc. $ 39.2 5.5 % Williams Partners LP $ 39.0 5.5 % Buckeye
Partners LP $ 34.6 4.9 % Genesis Energy LP $ 33.7 4.7 % Brookfield
Infrastructure Partners LP $ 30.2 4.2 % Targa Resources Corp $ 27.1
3.8 % Enlink Midstream Partners LP $ 24.9 3.5 % $ 370.8
52.1 % **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/20171006005079/en/
For ClearBridge Energy MLP Total Return Fund Inc.Maria Rosati,
212-805-6036mrosati@leggmason.com
ClearBridge MLP and Mids... (NYSE:CTR)
Historical Stock Chart
From Apr 2024 to May 2024
ClearBridge MLP and Mids... (NYSE:CTR)
Historical Stock Chart
From May 2023 to May 2024