EMO
ClearBridge Energy Midstream Opportunity FundEMO
EMO
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. he Fund considers investments in midstream entities as those entities that provide midstream services including the gathering, transporting, processing, fractionation, storing, refining, and distribution of oil, natural gas liquids and natural gas.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
867% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 6
560% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 5
134% more capital invested
Capital invested by funds: $95.4M [Q2] → $223M (+$128M) [Q3]
89% more funds holding
Funds holding: 56 [Q2] → 106 (+50) [Q3]
7.86% less ownership
Funds ownership: 37.29% [Q2] → 29.43% (-7.86%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for EMO.
Financial journalist opinion
Based on 3 articles about EMO published over the past 30 days
Positive
Seeking Alpha
1 week ago
EMO: Another Midstream Energy CEF To Consider In 2025
Midstream energy CEFs like KYN, NML, SRV, and EMO offer high yields, leverage benefits, and avoid K-1 tax issues, making them attractive for income-oriented investors. ClearBridge Energy Midstream Opportunity Fund — EMO — has shown significant NAV growth, but its market price remains discounted; it's best held in tax-deferred accounts due to its dividend income classification. The energy sector, particularly midstream companies, is set to benefit from rising natural gas demand and pro-oil policies, with strong prospects for continued growth in 2025.
Neutral
Seeking Alpha
3 weeks ago
Closed-End Funds: A Look At Comparing Some Energy Infrastructure Plays
The energy sector seems to be in constant boom or bust, resulting in wildly swinging performance from year to year relative to most other sectors. That said, energy is still essential for civilization to function and that requires ways to produce and move it. Today, we are comparing several closed-end funds in the energy infrastructure space, including a few that are more heavily focused on MLPs.
Neutral
Business Wire
3 weeks ago
ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of December 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Neutral
Business Wire
1 month ago
ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of November 30, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Positive
Seeking Alpha
2 months ago
Four Midstream Energy CEFs Now Offer Strong Total Return Potential
The energy sector, particularly midstream companies, is set to benefit from Trump's pro-oil and gas policies, boosting fossil fuel investments. Midstream companies like Energy Transfer are experiencing significant growth due to rising natural gas demand from power plants and data centers. Investing in CEFs holding midstream assets offers high yields, leverage benefits, and avoids K-1 tax issues, making them attractive for income-oriented investors.
Neutral
Business Wire
2 months ago
ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of October 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Positive
Seeking Alpha
3 months ago
EMO: Very Attractive Portfolio, Albeit With Some Risk
The ClearBridge Energy Midstream Opportunity Fund is a very popular fund that helps investors get a very high yield without tax problems. The fund boasts a 9.24% yield at the current share price, which is higher than most of its peers. EMO makes no attempt to invest in the "energy transition" or "clean power," which is nice given the economic problems facing that sector.
Positive
Forbes
3 months ago
These 3 Energy Closed-End Funds Are Still On Sale
If you're as bullish on oil as I am, let's look past vanilla bean favorites like Exxon Mobil (XOM) and Chevron (CVX). Great companies but a bit pricey, as they only yield 3% to 4%.
Positive
Seeking Alpha
6 months ago
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.
Neutral
Business Wire
6 months ago
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.
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