ClearBridge Energy Midstream Opportunity:EMO

    Manage Alerts

    Overview

    As of 10/6/2026

     Share
    Price    		NAVPremium/
    Discount
    Current$51.05$57.21-10.77%
    52 Wk Avg$49.15$54.52-9.77%
    52 Wk High$56.33$60.90-5.52%
    52 Wk Low$41.54$46.08-13.88%
    Regular Distribution Type†Income Only
    Distribution Rate9.63761000%
    Distribution Amount$0.4100
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is to provide long-term investors a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy midstream entities.Under normal market conditions, the Fund invests at least 80% of its managed assets in energy midstream entities including entities structured as both partnerships and corporations

    Capital Structure

    As of 10/6/2026

    Total Investment Exposure:$1,518.850M
    Total Common Assets:$1,143.641M
    Common Shares Outstanding:19,990,236
    Leverage

    As of 10/6/2026

    Preferred Share Assets:
    Total Debt (USD): $375.209M
    Regulatory Leverage (USD): $375.209M
    Effective Leverage (USD): $375.209M
    Effective Leverage (%): 24.70%
    Annual Expense Ratios

    As of 11/30/2025

      Per Common Share
    Management Fees1.28%
    Other Expenses:0.80%
    Baseline Expense: N/A
    Interest Expense:1.04%
    Total: 3.12%
    Fund Management

    Fund Sponsor
    Franklin Templeton Fund Adviser, LLC

    Portfolio Managers
    Peter Vanderlee, Patrick McElroy

    Basics
    Category: Equity-MLP
    Ticker: EMO
    NAV Ticker: XEMOX
    Average Daily Volume (shares): 52,680
    Average Daily Volume (USD): $2.538M
    Inception Date: 6/13/2011
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 10/6/2026

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 5/31/2026    		 -$0.0899
    Annualized Distribution Rate on NAV:
    As of 10/6/2026    		8.60%
    Total Return on NAV (12 months):
    As of 10/6/2026    		23.21%
    Total % Portfolio Effectively Leveraged:
    As of 10/6/2026     		24.70%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/7/2026

    PeriodAvg Discount
    6 Month-11.11%
    1 Year-9.77%
    3 Year-9.51%
    5 Year-12.43%
    Z-Score

    As of 10/6/2026

    PeriodZStat
    3 Month-0.40
    6 Month0.20
    1 Year-0.50
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2026
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD19.66%19.59%15.98%16.05%
    20257.73%5.95%6.13%5.15%
    202444.37%45.71%54.42%40.80%
    202331.77%21.15%20.36%10.57%
    202240.16%27.47%25.20%21.74%
    202174.80%64.01%56.43%44.11%
    2020-64.52%-59.80%-61.23%-56.67%
    201919.62%18.21%17.37%14.66%
    2018-25.77%-18.39%-22.71%-17.74%
    20170.01%-6.51%-0.99%-6.10%
    201615.66%15.90%34.01%32.63%
    2015-41.84%-39.62%-44.56%-43.51%
    20147.93%8.36%4.09%6.22%
    201318.65%29.42%  
    201216.29%6.00%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2026
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 8/31/2026    		22
    Annual Portfolio Turnover:
    As of 11/30/2025    		14.00%
    Asset Allocation

    As of 8/31/2026

    Top Sectors

    As of 8/31/2026

    Sector%Portfolio
    Energy98.52%
    Sensitive (Super Sector)98.52%
    Cash Equivalents1.48%
    Cash Equivalents (Super Sector)1.48%
    Top Holdings

    As of 8/31/2026

    HoldingValue% Portfolio
    Targa Resources Corp$187.99M11.70%
    Energy Transfer LP$156.30M9.73%
    Williams Companies Inc$125.99M7.84%
    Western Midstream Partners LP$116.42M7.25%
    MPLX LP Partnership Units$115.17M7.17%
    ONEOK Inc$112.69M7.01%
    Kinder Morgan Inc Class P$102.56M6.38%
    Enterprise Products Partners LP$97.76M6.08%
    Antero Midstream Corp$74.10M4.61%
    Plains GP Holdings LP Class A$73.79M4.59%
    Country Allocation

    As of 8/31/2026

    Country% Portfolio
    United States - Equity90.35%
    Canada - Equity8.18%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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