ClearBridge Energy Midstream Opportunity Fund

EMO

Market cap $854M

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

NEW YORK--(BUSINESS WIRE)--Category: Financials.

ClearBridge Energy Midstream Opportunity Fund offers a 10.07% yield, monthly distributions, and K-1-free midstream energy exposure for income-focused investors. EMO trades at a -7.48% discount to NAV, invests in 20 holdings with top exposure to TRGP, ET, and MPLX, and concentrates assets in diversified infrastructure. Key investment themes include U.S. natural gas demand for data centers, EU energy trade, and potential Fed rate cuts supporting midstream cash flows and distributions.

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Closed-end funds (CEFs) are the last bargains left on the board. CEFs are often confused with mutual funds and ETFs, but they are different because they often trade at discounts to their net asset values (NAVs).

NEW YORK--(BUSINESS WIRE)--Category: Financials.

NEW YORK--(BUSINESS WIRE)--Category: Financials.

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

I rate EMO a strong buy due to its focused exposure to booming natural gas exports and resilient midstream infrastructure, supporting both income and growth. The fund's concentrated portfolio targets fee-based energy infrastructure, offering stable cash flows and capital appreciation, while trading at a 4.4% NAV discount. Despite a lower yield than peers, EMO's lower adjusted expense ratio and strong historical performance make it attractive for long-term investors.