ClearBridge Energy Midstream Opportunity Fund

EMO

Market cap $793M

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.

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

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

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

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