ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information As Of June 30, 2023; Fund's Net Assets Were $442.3M, And Its Net Asset Value Per Share Was $34.59
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ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE:EMO) has released its unaudited balance sheet information as of June 30, 2023. The Fund's net assets were $442.3 million, and its net asset value per share was $34.59. The Fund's asset coverage ratio under the Investment Company Act of 1940 was 423% for senior indebtedness and 316% for total leverage.
July 10, 2023 | 12:09 pm
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ClearBridge Energy Midstream Opportunity Fund's net assets were $442.3 million, and its net asset value per share was $34.59. The asset coverage ratios were 423% and 316% for senior indebtedness and total leverage respectively.
The announcement of ClearBridge Energy Midstream Opportunity Fund's unaudited balance sheet information is a routine disclosure. While it provides important information about the Fund's financial position, it does not necessarily indicate a change in the Fund's performance or outlook. Therefore, the short-term impact on the Fund's stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100