ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information As Of October 31, 2016

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 October 31, 2016.

As of October 31, 2016, the Fund's net assets were $528.4 million, and its net asset value per share was $13.76. The Fund's asset coverage ratio under the Investment Company Act of 1940 (the "1940 Act") with respect to senior indebtedness was 433% and the Fund's asset coverage ratio under the 1940 Act with respect to total leverage was 399%.
   
As of October 31, 2016
 
Amount (millions) Per Share
 
Investments $ 694.9 $ 18.10
Cash and Cash Equivalents 11.9 $ 0.31
Other Assets   6.8 $ 0.17  
Total Assets $ 713.6 $ 18.58  
 
Senior Notes* $ 142.0 $ 3.70
Loans Outstanding* 21.0 0.55
Mandatory Redeemable Preferred Shares*   14.0   0.36  
Total Leverage $ 177.0 $ 4.61  
 
Deferred Tax Liability $ 7.7 $ 0.20
Other Liabilities   0.5   0.01  
Total Liabilities $ 8.2 $ 0.21
   
Net Assets $ 528.4 $ 13.76  
 
Outstanding Shares 38,400,142
 
* The Fund's asset coverage ratio under the 1940 Act with respect to senior indebtedness was 433%.
* The Fund's asset coverage ratio under the 1940 Act with respect to total leverage was 399%.
 
Top Ten Holdings (as of October 31, 2016)**
Market Value
Name     (millions)  

% of Investments***
Enterprise Products Partners LP $ 47.5 6.7 %
Energy Transfer Partners LP 44.1 6.2 %
Magellan Midstream Partners LP 35.7 5.1 %
Buckeye Partners LP 35.5 5.0 %
Targa Resources Corp 35.3 5.0 %
Brookfield Infrastructure Partners LP 34.4 4.9 %
Enbridge Energy Partners LP 31.0 4.4 %
MPLX LP 28.7 4.0 %
Genesis Energy LP 27.4 3.9 %
Oneok Partners LP   25.8   3.7 %
$ 345.4   48.9 %
 
**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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