Company News »

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

Business Wire
Share on StockTwits
Published on

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 October 31, 2014.

As of October 31, 2014, the Fund’s net assets were $960.7 million, and its net asset value per share was $25.08. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to total leverage was 468%.

As of October 31, 2014

Amount (millions)

Per Share

Investments $ 1,406.9 $ 36.73
Cash and Cash Equivalents 8.6 0.22
Other Assets 17.4 0.46
Total Assets $ 1,432.9 $ 37.41
Senior Notes* $ 180.0 $ 4.70
Loans Outstanding* 80.0 2.09
Total Leverage $ 260.0 $ 6.79
Deferred Tax Liability $ 199.4 $ 5.21
Other Liabilities 12.8 0.33
Total Liabilities $ 212.2 $ 5.54
Net Assets $ 960.7 $ 25.08
Outstanding Shares 38,305,191
* The Fund’s asset coverage ratio under the 1940 Act was 468%.
Top Ten Holdings (as of October 31, 2014)**
Market Value
Name (millions)

% of Investments

***

Enterprise Products Partners LP $ 89.3 6.3 %
MarkWest Energy Partners LP 88.7 6.3 %
Kinder Morgan Management LLC Shares 79.3 5.6 %
Plains All American Pipeline LP 79.1 5.6 %
Targa Resources Partners LP 70.8 5.0 %
Energy Transfer Equity LP 55.0 3.9 %
Energy Transfer Partners LP 53.1 3.8 %
Access Midstream Partners LP 52.9 3.7 %
Enbridge Energy Partners LP 48.8 3.4 %
DCP Midstream Partners LP 43.6 3.1 %
$ 660.6 46.7 %
**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.

Share on StockTwits

What others are reading on Finances

Sorry. No data so far.


Iron FX 1.11156/1.11128 2.8
XM Markets 1.09948/1.09928 2
FxPro 1.10184/1.10171 1.3
FXCM 1.13943/1.13912 3.1