ClearBridge Energy MLP Opportunity Fund Inc. (NYSE:EMO) today announced a quarterly distribution of $0.3500 per common share payable in August 2014. The Fund had previously paid a quarterly distribution of $0.3450 per share.

The distribution schedule appears below:

Month

 

Ex-Date

 

Record Date

 

Payable Date

 

Amount

August 08/20/2014 08/22/2014 08/29/2014 $0.3500

In declaring the new rate, the Fund cited increased distributions received from the Fund's energy MLP portfolio holdings which are reflected in the Fund’s increased distribution rate of $0.3500 per common share.

The distribution may be treated as dividend income, return of capital or a combination thereof for tax purposes. This press release is not for tax reporting purposes. In early 2015, after definitive information is available, the Fund will send stockholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a stockholder’s tax return (e.g., dividend income or return of capital).

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”).

For more information, please contact the Fund at 1-888-777-0102 or visit 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.