EMO

ClearBridge Energy Midstream Opportunity Fund
EMO

$42.04

0.17%

Market Cap: $538M

About: ClearBridge Energy Midstream Opportunity Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide long-term investors with a high level of total return with an emphasis on cash distributions.

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

17% less funds holding

Funds holding: 66 [Q1] → 55 (-11) [Q2]

26.25% less ownership

Funds ownership: 56.67% [Q1] → 30.42% (-26.25%) [Q2]

58% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 19

73% less capital invested

Capital invested by funds: $292M [Q1] → $77.3M (-$214M) [Q2]

81% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 32

100% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for EMO.

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Financial journalist opinion

EMO: An Alternative Way To Play This Fund With Capital Gains Potential

ClearBridge Energy Midstream Opportunity Fund focuses on midstream master limited partnerships and corporations, offering high yields and stable cash flows. The EMO closed-end fund's current 6.50% yield is higher than most equities, but it still lags many of its peers in terms of yield. The fund is in the process of merging with other ClearBridge energy infrastructure funds.

EMO: An Alternative Way To Play This Fund With Capital Gains Potential

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2024

NEW YORK--(BUSINESS WIRE)--ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of June 30, 2024. As of June 30, 2024, the Fund's net assets were $292.0 million, and its net asset value per share was $45.66. The Fund's asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to senior indebtedness was 496% and the Fund's asse.

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2024

EMO fund is beating S&P 500, Nasdaq 100 in 2024: what next?

American stocks have done well this year, with the S&P 500 and Nasdaq 100 indices soaring by over 15% and sitting at their all-time highs. This growth has been driven by the strong corporate earnings, anticipation of Fed rate cuts, and artificial intelligence, which has pushed companies like Nvidia to record highs.

EMO fund is beating S&P 500, Nasdaq 100 in 2024: what next?

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Final Results of Issuer Tender Offer for Common Stock

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Final Results of Issuer Tender Offer for Common Stock

ClearBridge MLP and Midstream Total Return Fund Inc. Announces Preliminary Results of Issuer Tender Offer for Common Stock and Anticipated Date of Merger

ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) (the “Fund”) announced today the expiration and preliminary results for its issuer tender offer for up to 50% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on Thursday, June 20, 2024 at 5:00 p.m., New York City time.

ClearBridge MLP and Midstream Total Return Fund Inc. Announces Preliminary Results of Issuer Tender Offer for Common Stock and Anticipated Date of Merger

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Preliminary Results of Issuer Tender Offer for Common Stock And Anticipated Date of Merger

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Preliminary Results of Issuer Tender Offer for Common Stock And Anticipated Date of Merger

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of May 31, 2024

NEW YORK--(BUSINESS WIRE)--Category: Financials.

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of May 31, 2024

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Tender Offer Details

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Tender Offer Details

ClearBridge Midstream Funds Announce Results of Stockholder Votes at Special Stockholder Meetings Relating to Proposed Mergers

NEW YORK--(BUSINESS WIRE)--ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) and ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) today announced the results of the votes cast at the Joint Special Meeting of Stockholders of EMO, CEM and CTR (collectively, the “Funds”) held on May 17, 2024.

ClearBridge Midstream Funds Announce Results of Stockholder Votes at Special Stockholder Meetings Relating to Proposed Mergers

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