9-9-13 8:00 AM EDT | Email Article

ClearBridge Energy MLP Fund Inc. (NYSE:CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratios of the Fund as of August 31, 2013. The information stated below will be provided by the 5th business day of each month.

As of August 31, 2013, the Fund’s net assets were $1,769.0 million, and its net asset value per share was $25.71. As of August 31, 2013, the Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 act”) with respect to total leverage was 513%.

 
As of August 31, 2013
   

Amount (millions)

Per Share

 
Investments $ 2,625.1 $ 38.15
Cash and Cash Equivalents 11.4 0.16
Other Assets   7.9   0.11  
Total Assets $ 2,644.4 $ 38.42  
 
Senior Notes* $ 367.0 $ 5.33
Loan Outstanding*   58.0   0.84  
Total Leverage $ 425.0 $ 6.17  
 
Deferred Tax Liability $ 445.4 $ 6.47
Other Liabilities   5.0   0.07  
Total Liabilities $ 450.4 $ 6.54
   
Net Assets $ 1,769.0 $ 25.71  
 
Outstanding Shares 68,801,459
 
* As of August 31, 2013, the Fund's asset coverage ratio under the 1940 Act was 513%.
 
 
Top Ten Holdings (as of August 31, 2013)**
Market Value
Name (millions) % of Investments ***
Enterprise Products Partners LP $ 201.7 7.6 %
Kinder Morgan Management LLC Shares 172.2 6.5 %
Plains All American Pipeline LP 171.1 6.5 %
Energy Transfer Equity LP 133.1 5.0 %
MarkWest Energy Partners LP 131.1 5.0 %
Magellan Midstream Partners LP 128.2 4.9 %
Williams Partners LP 117.3 4.4 %
Access Midstream Partners LP 114.5 4.3 %
Targa Resources Partners LP 111.1 4.2 %
Energy Transfer Partners LP   108.6   4.1 %
$ 1,388.9   52.5 %
 
**Subject to change at any time
***Percent of Total Investments
 

ClearBridge Energy MLP 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, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com.

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.

Media:
Legg Mason
Maria Rosati, 212-805-6036
mrosati@leggmason.com

Copyright Business Wire 2013
Add a Comment

News   More...

Start Premium Trial Register For Free

P F Fund Financial Data (13,000+ funds)
P F Stock Financial Data (7,000+ stocks)
P F Stock and Fund Screeners (basic)
P F Investing Articles and Market Commentary
P F Articles Archive (>30 days)
P F Discuss (dozens of stock, fund, bond, and general bulletin boards)
P F Portfolio Manager (basic)
P F Morningstar Investment Classroom
P F Access Your Portfolio Anytime, Anywhere via Your Mobile Device
P   Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)
P   Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)
P   Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)
P   Portfolio Monitor (monthly and on-demand personalized portfolio statements)
P   Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)
P   Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters
P   Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)
P   Discounts on Morningstar newsletters, books, seminars, and more

Sign-up to Morningstar


Basic Access

Articles and Videos
Morningstar video reports, articles, data, and tools. Dig into our lineup of e-newsletters and investing classroom courses outlining sensible strategies for maximizing your investments.
Morningstar Discuss
Follow the buzz on individual stocks or fund families. Plus, read the latest posts from Morningstar members and analysts.
Portfolio Manager
Track your investments and watch lists with our Portfolio Manager. Customize your view with our comprehensive stock, fund, and ETF data.

Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.

Unlimited Access

Analyst Research
Gather in-depth, actionable insight on over 3,700 stock and mutual funds covered by Morningstar analysts. View our mutual fund Analyst Reports favored by professionals, savvy experienced investors, and new investors researching options for retirement savings, college plans, or other investment needs.
Portfolio X-Ray®
Ensure your portfolio is positioned exactly how you want with Morningstar's X-Ray Interpreter and Stock Intersection tools. A Barron's "Best of the Web" award winner for five years running, X-Ray Interpreter goes under the hood of your portfolio to provide a useful allocation, sector, and geographic analysis. And you can discover how much of a stock you really own, individually and through mutual funds, with Stock Intersection.
Investment Picks
Find new 5-star stocks (greatly undervalued companies) to consider daily. Our 5-star stock rating is a proven winner, consistently beating benchmarks like the S&P 500. Plus, browse our Fund Analyst Picks and Stewardship Grades to find shareholder-friendly mutual funds that are poised for outperformance.
Portfolio Monitor
Get a clear view of your investments with personalized reports about your portfolio. Receive monthly statements and generate reports on-demand to help you stay on track to meet your investment goals.

Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.

Content Partners
Morningstar - - ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2013
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Author |  Collection |  Interest |  Popularity

Previous: ClearBridge Energy MLP Fund Inc. (“CEM”) Announces Increased Quarterly Distribution Rate for February 2014  |  Next: ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of December 31, 2013