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

ClearBridge Energy MLP Fund Inc. (NYSE:CEM) 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 $1,143.6 million, and its net asset value per share was $16.32. The Fund's asset coverage ratio under the Investment Company Act of 1940 (the "1940 Act") with respect to senior indebtedness was 411% and the Fund's asset coverage ratio under the 1940 Act with respect to total leverage was 360%.
     
As of October 31, 2016
   

Amount (millions)

Per Share
 
Investments $ 1,785.9 $ 25.48
Cash and Cash Equivalents 11.9 0.17
Other Assets   29.0   0.41  
Total Assets $ 1,826.8 $ 26.06  
 
Senior Notes* $ 370.0 $ 5.28
Loans Outstanding* 15.0 0.21
Mandatory Redeemable Preferred Shares*   55.0   0.78  
Total Leverage $ 440.0 $ 6.27  
 
Deferred Tax Liability $ 243.2 $ 3.47
Other Liabilities   -   -  
Total Liabilities $ 243.2 $ 3.47  
   
Net Assets $ 1,143.6 $ 16.32  
 
Outstanding Shares 70,079,518
 
* The Fund's asset coverage ratio under the 1940 Act with respect to senior indebtedness was 411%.
* The Fund's asset coverage ratio under the 1940 Act with respect to total leverage was 360%.
 
Top Ten Holdings (as of October 31, 2016)**
Market Value
Name       (millions) % of Investments

***
Enterprise Products Partners LP $ 149.2 8.3 %
Brookfield Infrastructure Partners LP 109.7 6.1 %
Magellan Midstream Partners LP 100.5 5.6 %
Buckeye Partners LP 99.5 5.5 %
Energy Transfer Partners LP 98.5 5.5 %
Genesis Energy LP 95.2 5.3 %
MPLX LP 91.2 5.0 %
Enbridge Energy Partners LP 85.5 4.8 %
Oneok Partners LP 85.4 4.8 %
Western Gas Partners LP   74.2   4.1 %
$ 988.9   55.0 %
 
**Subject to change at any time
***Percent of Total Investments
 

ClearBridge 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").

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