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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 18469Q207 (prev. 18469Q108 )
- Market Cap
- Small Cap · $379 Million
- IPO
- 6/26/2012 · $20.00/share
- Previous Name
- ClearBridge Energy MLP Total Return Fund, Inc.
Fund Description: ClearBridge MLP and Midstream Total Return Fund, Inc., formerly ClearBridge Energy MLP Total Return Fund, Inc. is an exchange-traded closed-end fund or a closed-end ETF which is officially described in its prospectus as a non-diversified, closed-end management investment company. <p> INVESTMENT OBJECTIVE: The ClearBridge MLP and Midstream Total Return Fund, Inc. seeks to provide high level of total return, consisting of cash distributions and capital appreciation. <p> FUND STRATEGY: Under normal market conditions the Fund invests at least 80% of its managed assets in energy master limited partnerships (MLPs) and energy midstream entities. Energy entities are engaged in the business of exploring, developing, producing, gathering, fractionating, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal. The Fund may also invest up to 20% of its managed assets in other securities that are not MLPs or midstream entities. <p> FUND MANAGEMENT: Legg Mason Partners Fund Advisor LLC serves as the Fund’s investment manager and will provide administrative and management services to the Fund. ClearBridge Investments, LLC serves as the Fund’s sub-adviser.
Notes: July 28, 2020 -- ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) and ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) (each a “Fund” and together, the “Funds”) announced today that the previously disclosed 1-for-5 reverse stock split for each Fund, as outlined below, will be executed prior to the open of trading on the New York Stock Exchange (the “NYSE”) today, July 28, 2020. Each Fund’s common stock will begin trading on a split-adjusted basis under their current symbols, but with new CUSIP numbers.
Company Contact
- Headquarters
- 620 Eighth Avenue, 47th Floor, New York, NY 10018
- Phone
- 888-777-0102 · Toll-Free 888-777-0102
- Investor Relations
- 888-777-0102