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 January 27, 2016 - 8:45 AM EST
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ClearBridge Energy MLP Fund Inc. Portfolio Composition as of December 31, 2015

ClearBridge Energy MLP Fund Inc. (NYSE:CEM) announces its portfolio composition as of December 31, 2015.

Investment Objective: The Fund seeks to provide a high level of total return with an emphasis on cash distributions.

Investment Strategy: The Fund seeks to achieve its objective by investing primarily in master limited partnerships (“MLPs”) in the energy sector. The Fund considers MLPs to be in the energy sector if they derive at least 50% of their revenues from the businesses of exploring, developing, producing, gathering, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal.

   

Portfolio Composition:*

Liquids Transportation & Storage

39.4%

Diversified Energy Infrastructure

37.7%

Gathering/Processing

17.1%

Natural Gas Transportation & Storage

4.1%

Shipping

1.3%

Refining

0.2%

Cash

0.1%

 

Top 10 Holdings

Enterprise Products Partners LP 9.6%
Magellan Midstream Partners LP 8.2%
Buckeye Partners LP 6.9%
MPLX LP MLP 6.0%
Energy Transfer Equity LP 5.5%
Brookfield Infrastructure 5.3%
Enbridge Energy Partners LP 4.6%
Plains All Amer Pipeline LP MLP 4.5%
Genesis Energy LP 3.9%
EnLink Midstream Partners LP 3.6%
 

Portfolio Statistics:

Inception Date

June 25, 2010

Inception Price

$20.00

Total Assets

$1,982,553,198

Net Assets**

$1,114,636,191

Loans***

1.41%

Fixed Rate Notes***

23.10%

Reverse Repos***

0.0%

Preferred Shares***

10.09%
 

Market Price:

$15.18

NAV

$15.99
(Daily NAV is available on market quotation systems using the symbol XCEMX.)
 

Distribution Rate

$ 0.440 per share

Frequency

Quarterly (declared quarterly, paid quarterly)
 
*     Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time.
** The difference between total assets and net assets, if any, is due primarily to the Fund’s use of borrowings and other liabilities; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund’s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded.
*** Percentages are based on total assets.
 

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.

An investment in the Fund involves risk, including loss of principal. The Fund's concentration of investments in energy related MLPs subject it to the risks of investing in MLPs and the energy sector. Investment return and the value of shares will fluctuate.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.

For more information, please call Fund Investor Services at 1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

FN1112198

For ClearBridge Energy MLP Fund Inc.:
Maria Rosati, 212-805-6036
mrosati@leggmason.com


Source: Business Wire (January 27, 2016 - 8:45 AM EST)

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