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 28, 2014. The information stated below will be provided by the 5th business day of each month.

As of February 28, 2014, the Fund's net assets were $740.7 million, and its net asset value per share was $23.96. The Fund's asset coverage ratio under the Investment Company Act of 1940 (the "1940 Act") with respect to total leverage was 449%.

                     
As of February 28, 2014
         
Amount (millions) Per Share
 
Investments $       1,105.5 $       35.75
Cash and Cash Equivalents 2.7 0.09
Other Assets         1.2         0.04  
Total Assets $       1,109.4 $       35.88  
 
Senior Notes* $ 150.0 $ 4.85
Loan Outstanding*         62.0         2.01  
Total Leverage $       212.0 $       6.86  
 
Deferred Tax Liability $ 155.0 $ 5.01
Other Liabilities         1.7         0.05  
Total Liabilities $ 156.7 $ 5.06
   
Net Assets $       740.7 $       23.96  
 
Outstanding Shares 30,920,882
 
* As of February 28, 2014, the Fund's asset coverage ratio under the 1940 Act was 449%.

 

 

Top Ten Holdings (as of February 28, 2014)**
Market Value
Name             (millions) % of Investments

***

 

Enterprise Products Partners LP $ 94.2 8.5 %
Targa Resources Partners LP 62.0 5.6 %
Plains All American Pipeline LP 58.3 5.3 %
MarkWest Energy Partners LP 55.0 5.0 %
Magellan Midstream Partners LP 52.8 4.8 %
Kinder Morgan Management LLC Shares 51.6 4.7 %
Williams Partners LP 51.3 4.6 %
Energy Transfer Equity LP 50.5 4.6 %
DCP Midstream Partners LP 45.1 4.1 %
Genesis Energy LP         42.1         3.8 %
$       562.9         51.0 %
 
**Subject to change at any time
***Percent of Total Investments
 

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, 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:
ClearBridge Energy MLP Opportunity Fund Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com