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ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2014

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ClearBridge Energy MLP Fund Inc. (NYSE:CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of August 31, 2014.

As of August 31, 2014, the Fund’s net assets were $2,179.3 million, and its net asset value per share was $31.43. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to total leverage was 530%.

As of August 31, 2014

Amount (millions)

Per Share

Investments $ 3,378.7 48.73
Cash and Cash Equivalents 23.7 0.34
Other Assets 6.9 0.10
Total Assets $ 3,409.3 $ 49.17
Senior Notes* $ 442.0 $ 6.37
Loan Outstanding* 60.0 0.87
Total Leverage $ 502.0 $ 7.24
Deferred Tax Liability $ 717.8 $ 10.35
Other Liabilities 10.2 0.15
Total Liabilities $ 728.0 $ 10.50
Net Assets $ 2,179.3 $ 31.43
Outstanding Shares 69,335,796
* The Fund’s asset coverage ratio under the 1940 Act was 530%.
Top Ten Holdings (as of August 31, 2014)**

Market Value


% of Investments

Enterprise Products Partners LP $ 275.8 8.1%
Energy Transfer Equity LP 251.0 7.4%
Kinder Morgan Management LLC Shares 230.2 6.8%
Magellan Midstream Partners LP 198.4 5.8%
Plains All American Pipeline LP 194.4 5.7%
Targa Resources Partners LP 169.1 5.0%
MarkWest Energy Partners LP 156.5 4.6%
Access Midstream Partners LP 122.8 3.6%
DCP Midstream Partners LP 117.4 3.5%
Brookfield Infrastructure Partners LP 112.4 3.3%
$ 1,828.0 53.8%
**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 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

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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