ClearBridge Energy MLP Total Return Fund Inc. (NYSE: CTR) today announced its initial quarterly distribution of $0.3250 per common share payable in August 2012. Based on the Fund’s offering price of $20.00 per share, this equates to an annualized distribution yield of 6.50%.
The distribution schedule appears below:
|Record Date||Payable Date||Amount|
It is currently anticipated that substantially all of this distribution will be treated for tax purposes as a return of capital. The final determination of such amount will be made in early 2013 when the Fund can determine its earnings and profits. The final tax status of the distribution may differ substantially from this preliminary information.
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