By ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) 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 $1,064.9 million, and its net asset value per share was $18.27. 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 526%.
| As of August 31, 2013 | |||||||||||||
Amount (millions) | Per Share | ||||||||||||
| Investments | $ | 1,305.8 | $ | 22.40 | |||||||||
| Cash and Cash Equivalents | 16.2 | 0.28 | |||||||||||
| Other Assets | 0.4 | 0.01 | |||||||||||
| Total Assets | $ | 1,322.4 | $ | 22.69 | |||||||||
| Senior Notes* | - | - | |||||||||||
| Loans Outstanding* | $ | 250.0 | $ | 4.29 | |||||||||
| Total Leverage | $ | 250.0 | $ | 4.29 | |||||||||
| Deferred Tax Liability | - | - | |||||||||||
| Other Liabilities | $ | 7.5 | $ | 0.13 | |||||||||
| Total Liabilities | $ | 7.5 | $ | 0.13 | |||||||||
| Net Assets | $ | 1,064.9 | $ | 18.27 | |||||||||
| Outstanding Shares | 58,289,007 | ||||||||||||
| * As of August 31, 2013, the Fund's asset coverage ratio under the 1940 Act was 526%. | |||||||||||||
| Top Ten Holdings (as of August 31, 2013)** | |||||||||||||
| Market Value | |||||||||||||
| Name | (millions) | % of Investments | *** | ||||||||||
| Energy Transfer Partners LP | $ | 126.1 | 9.7 | % | |||||||||
| Williams Partners LP | 87.6 | 6.7 | % | ||||||||||
| Boardwalk Pipeline Partners LP | 84.2 | 6.5 | % | ||||||||||
| El Paso Pipeline Partners LP | 82.8 | 6.3 | % | ||||||||||
| Kinder Morgan Energy Partners LP | 80.6 | 6.2 | % | ||||||||||
| Enterprise Products Partners LP | 78.4 | 6.0 | % | ||||||||||
| Oneok Partners LP | 69.4 | 5.3 | % | ||||||||||
| Kinder Morgan Management LLC Shares | 67.1 | 5.1 | % | ||||||||||
| Regency Energy Partners LP | 62.3 | 4.8 | % | ||||||||||
| Targa Resources Partners LP | 60.5 | 4.6 | % | ||||||||||
| $ | 799.0 | 61.2 | % | ||||||||||
| **Subject to change at any time | |||||||||||||
***Percent of Total Investments | |||||||||||||
ClearBridge American 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.
Legg Mason
Maria Rosati, 212-805-6036
mrosati@leggmason.com
