ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) will hold a live
conference call to provide an update on its investment activities since
its initial public offering on June 26, 2013. Portfolio managers,
Michael Clarfeld and Chris Eades, from ClearBridge Investments, LLC,
will discuss the Fund's investment portfolio, give an update on the
energy master limited partnership (MLP) sector and outlook, and hold a
question and answer session.
Conference Call Dial-in Information:
Date: September 12, 2013
Time: 4:00 p.m. (Eastern Time)
USA Toll Free Number: 1-877-456-4467
Password: ClearBridge
A replay of the call will be made available and instructions on how to
access the replay will be provided at a future date by press release.
The Fund offers portfolio of MLPs that may benefit from the growing
production and usage of natural gas.
The Fund’s investment objective is to provide a high level of total
return, consisting of cash distributions and capital appreciation. There
can be no assurance that the Fund will achieve its investment objective.
The Fund seeks to achieve its objective by investing primarily in MLPs.
Under normal market conditions, the Fund will invest at least 80% of its
Managed Assets in U.S. based energy MLPs. Currently, the Fund intends to
focus its investments on MLPs that, in ClearBridge’s opinion, are poised
to benefit from the growing production and usage of natural gas, while
minimizing exposure to commodity price fluctuations. The Fund considers
investments in MLPs to include investments that offer economic exposure
to public and private MLPs in the form of MLP equity securities,
securities of entities holding primarily general partner or managing
member interests in MLPs, securities that are derivatives of interests
in MLPs, including I-Shares, exchange-traded funds that primarily hold
MLP interests and debt securities of MLPs. Energy entities are engaged
in the business of exploring, developing, producing, gathering,
transporting, processing, storing, refining, distributing, mining or
marketing natural gas, natural gas liquids (including propane), crude
oil, refined petroleum products or coal. “Managed Assets” means net
assets plus the amount of any borrowings and assets attributable to any
preferred stock of the Fund that may be outstanding. Currently, the Fund
has no intention of issuing preferred stock.
ClearBridge American Energy MLP Inc. is a non-diversified closed-end
investment management company traded on the New York Stock Exchange
under the symbol “CBA”. The Fund is advised by Legg Mason Partners Fund
Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is
sub-advised by ClearBridge Investments, LLC, an affiliate of the advisor.
Legg Mason affiliated investment advisors comprise the 6th largest
closed-end fund manager in the U.S., with $12.8 billion in closed-end
fund assets under management as of June 30, 2013.
All data and commentary provided is for informational purposes only.
Legg Mason, Inc. and all of its affiliates do not engage in selling any
of the shares of this Fund.
For more information please call 1-888-777-0102 or consult the
Fund’s website at www.lmcef.com.
SYMBOLS:
NYSE: CBA; CEM; CTR; EMO
Copyright Business Wire 2013