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

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

As of April 30, 2014, the Fund’s net assets were $922.0 million, and its net asset value per share was $24.07. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to total leverage was 453%.
     
As of April 30, 2014
 

Amount (millions)

Per Share
 
Investments $ 1,337.9 $ 34.93
Cash and Cash Equivalents 0.4 0.01
Other Assets   7.7   0.20  
Total Assets $ 1,346.0 $ 35.14  
 
Senior Notes* $ 180.0 $ 4.70
Loans Outstanding*   80.0   2.09  
Total Leverage $ 260.0 $ 6.79  
 
Deferred Tax Liability $ 162.1 $ 4.23
Other Liabilities   1.9   0.05  
Total Liabilities $ 164.0 $ 4.28
   
Net Assets $ 922.0 $ 24.07  
 
Outstanding Shares 38,305,191
 
* As of April 30, 2014, the Fund's asset coverage ratio under the 1940 Act was 453%.
 
 
Top Ten Holdings (as of April 30, 2014)**
Name    

Market Value(millions)

% of Investments

***
Enterprise Products Partners LP $ 88.3 6.6 %
MarkWest Energy Partners LP 80.0 6.0 %
Plains All American Pipeline LP 78.1 5.8 %
Targa Resources Partners LP 68.4 5.1 %
Williams Partners LP 68.3 5.1 %
Kinder Morgan Management LLC Shares 58.3 4.4 %
DCP Midstream Partners LP 54.8 4.1 %
Access Midstream Partners LP 50.3 3.8 %
Energy Transfer Partners LP 45.4 3.4 %
Buckeye Partners LP   44.8   3.4 %
$ 636.7   47.7 %
 
**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”).

If you liked this article you might like

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: RIT, HIE, CTR

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: SBW, HYI, CTR

3 Stocks With Upcoming Ex-Dividend Dates: MHY, HIO, CTR

3 Stocks Going Ex-Dividend Tomorrow: EFF, TTP, CTR

Tomorrow's Ex-Dividends To Watch: FLC, BWG, CTR