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ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information As Of June 30, 2014

Stocks in this article: CTR

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 June 30, 2014. The information stated below will be provided by the 5 th business day of each month.

As of June 30, 2014, the Fund’s net assets were $993.4 million, and its net asset value per share was $25.93. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to total leverage was 477%.

   

As of June 30, 2014

Amount (millions)

     

Per Share

 
Investments $ 1,465.5 $ 38.26
Other Assets   4.3   0.11
Total Assets $ 1,469.8 $ 38.37
 
Senior Notes* $ 180.0 $ 4.70
Loans Outstanding*   80.0   2.09
Total Leverage $ 260.0 $ 6.79
 
Deferred Tax Liability $ 211.2 $ 5.51
Other Liabilities   5.2   0.14
Total Liabilities $ 216.4 $ 5.65
   
Net Assets $ 993.4 $ 25.93
 
Outstanding Shares 38,305,191
 
* As of June 30, 2014, the Fund's asset coverage ratio under the 1940 Act was 477%.

 

 
 
Top Ten Holdings (as of June 30, 2014)**
Name     Market Value(millions) % of Investments

***

Enterprise Products Partners LP $ 94.5 6.4 %
MarkWest Energy Partners LP 90.4 6.2 %
Plains All American Pipeline LP 84.1 5.7 %
Targa Resources Partners LP 83.1 5.7 %
Kinder Morgan Management LLC Shares 63.7 4.3 %
DCP Midstream Partners LP 58.4 4.0 %
Energy Transfer Equity LP 55.4 3.8 %
Access Midstream Partners LP 53.8 3.7 %
Enbridge Energy Partners LP 48.6 3.3 %
Energy Transfer Partners LP   47.7   3.3 %
$ 679.7   46.4 %
 
**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”).

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