ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August

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ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2013

NEW YORK--(BUSINESS WIRE)-- ClearBridge American Energy MLP Fund Inc. (NYS: CBA) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratios of the Fund as of August 31, 2013. The information stated below will be provided by the 5th business day of each month.

As of August 31, 2013, the Fund's net assets were $1,064.9 million, and its net asset value per share was $18.27. As of August 31, 2013, the Fund's asset coverage ratio under the Investment Company Act of 1940 (the "1940 act") with respect to total leverage was 526%.

    As of August 31, 2013
  

Amount (millions)

Per Share

 
Investments$1,305.8$22.40
Cash and Cash Equivalents16.20.28
Other Assets 0.4 0.01 
Total Assets$1,322.4$22.69 
 
Senior Notes*--
Loans Outstanding*$250.0$4.29 
Total Leverage$250.0$4.29 
 
Deferred Tax Liability--
Other Liabilities$7.5$0.13 
Total Liabilities$7.5$0.13
  
Net Assets$1,064.9$18.27 
 
Outstanding Shares58,289,007
 
* As of August 31, 2013, the Fund's asset coverage ratio under the 1940 Act was 526%.
 
 
Top Ten Holdings (as of August 31, 2013)**
Market Value
Name   (millions)% of Investments

 ***

Energy Transfer Partners LP$126.19.7%
Williams Partners LP87.66.7%
Boardwalk Pipeline Partners LP84.26.5%
El Paso Pipeline Partners LP82.86.3%
Kinder Morgan Energy Partners LP80.66.2%
Enterprise Products Partners LP78.46.0%
Oneok Partners LP69.45.3%
Kinder Morgan Management LLC Shares67.15.1%
Regency Energy Partners LP62.34.8%
Targa Resources Partners LP 60.5 4.6%
$799.0 61.2%
 
**Subject to change at any time

***Percent of Total Investments

 

ClearBridge American 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. ("Legg Mason").

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q.These reports are available on the Commission's website atwww.sec.gov.To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

For more information, please call 1-888-777-0102 or consult the Fund's web site at www.lmcef.com.

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.



Legg Mason
Maria Rosati, 212-805-6036
mrosati@leggmason.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

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