ClearBridge Energy MLP Opportunity Fund Inc. (NYSE:EMO) announced today
the unaudited statement of assets and liabilities, the net asset value
and asset coverage ratio of the Fund as of February 29, 2016.
As of February 29, 2016, the Fund’s net assets were $322.2 million, and
its net asset value per share was $10.33. The Fund’s asset coverage
ratio under the Investment Company Act of 1940 (the “1940 Act”) with
respect to senior indebtedness was 381% and the Fund’s asset coverage
ratio under the 1940 Act with respect to total leverage was 321%.
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As of February 29, 2016
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Amount (millions)
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Per Share
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Investments
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$
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456.8
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$
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14.64
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Cash and Cash Equivalents
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10.1
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0.32
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Other Assets
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2.1
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0.07
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Total Assets
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$
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469.0
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$
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15.03
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Senior Notes*
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$
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123.0
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$
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3.94
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Loan Outstanding*
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-
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-
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Mandatory Redeemable Preferred Shares*
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23.0
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0.74
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Total Leverage
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$
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146.0
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$
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4.68
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Deferred Tax Liability
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$
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-
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$
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-
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Other Liabilities
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0.8
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0.02
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Total Liabilities
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$
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0.8
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$
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0.02
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Net Assets
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$
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322.2
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$
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10.33
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Outstanding Shares
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31,196,057
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* The Fund's asset coverage ratio under the 1940 Act with respect to
senior indebtedness was 381%.
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* The Fund's asset coverage ratio under the 1940 Act with respect to
total leverage was 321%.
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Top Ten Holdings (as of February 29, 2016)**
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Market Value
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Name
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(millions)
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% of Investments
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***
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Enterprise Products Partners LP
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$
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35.0
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7.5%
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Buckeye Partners LP
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33.7
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7.2%
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Magellan Midstream Partners LP
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33.6
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7.2%
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Plains All American Pipeline LP
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26.5
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5.7%
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MPLX LP
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20.4
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4.4%
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Targa Resources Corp
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20.2
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4.3%
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Enbridge Energy Partners LP
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19.5
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4.2%
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Energy Transfer Partners LP
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18.4
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3.9%
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DCP Midstream Partners LP
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16.9
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3.6%
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Oneok Partners LP
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16.4
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3.5%
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$
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240.6
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51.5%
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**Subject to change at any time
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***Percent of Total Investments
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ClearBridge Energy MLP Opportunity 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.
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