ClearBridge Energy MLP Fund Inc. Replay Now Available for Conference Call
NEW YORK--([ BUSINESS WIRE ])--ClearBridge Energy MLP Fund Inc. (NYSE: CEM), held a live conference call on September 8, 2010 to provide an update on the Fund's performance and investment activities since its successful initial public offering on June 24, 2010. ClearBridge Advisors, LLC (aClearBridgea) portfolio managers Michael Clarfeld, Chris Eades, Richard Freeman and Peter Vanderlee discussed the Fund's investment portfolio and outlook and then concluded with a question and answer session.
Investors can access the replay of this call by phone or by visiting our website:
Phone: | ||||
Dial-in number: | USA Toll Free Number | 888-433-2203 | ||
USA Toll Number | 203-369-3725 | |||
Pass code: | 8546 | |||
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Web site: |
The Funda™s investment objective is to provide a high level of total return with an emphasis on cash distributions. There can be no assurance the Fund will achieve its investment objective. An investment in the Fund entails a risk of loss and the Funda™s shares may decline in value.
The Fund seeks to achieve its objective by investing primarily in master limited partnerships (aMLPsa) 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. When a company is organized as a MLP, it benefits from a structure that combines the tax benefits associated with limited partnerships with the liquidity of publicly traded securities.
An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Commentary is provided for informational purposes only. The shares of the Fund trade on the NYSE and are not sold by Legg Mason Partners Fund Advisor, LLC or any of its affiliates.
ClearBridge Energy MLP Fund Inc. is a non-diversified, closed-end management investment company which is advised by Legg Mason Partners Fund Advisor, LLC (aLMPFAa) and subadvised by ClearBridge. LMPFA and ClearBridge are wholly owned subsidiaries of Legg Mason, Inc. (aLegg Masona).
Legg Mason is the 6th largest closed-end fund manager in the U.S., with over $9.0 billion in assets under management as of June 30, 2010.
For more information please call 1-888-777-0102 or consult the Fundsa™ web site at [ www.leggmason.com/cef ].
SYMBOLS:
NYSE: CEM