Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
7.51% -8.12% 605.02M 48637.13
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
6.66% 85.00% -- Upgrade

Basic Info

Investment Strategy
The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy master limited partnerships and energy midstream entities. Under normal market conditions, the Fund invests at least 80% of its managed assets in energy MLPs and energy midstream entities.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Energy Limited Partnership
Category Index Morningstar MLP Composite TR USD
Global Category Name Energy Sector Equity
YCharts Categorization Energy Equity
YCharts Benchmark S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR)
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name ClearBridge
Prospectus Benchmark Index
Alerian MLP TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Chris Eades 13.61 yrs
Peter Vanderlee 13.61 yrs
Patrick McElroy 0.09 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of February 20, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
0.90%
-24.79%
19.97%
-66.71%
72.88%
32.77%
30.05%
5.26%
22.40%
-8.71%
27.67%
15.90%
21.82%
-18.14%
23.79%
3.45%
9.23%
-22.00%
34.08%
-45.73%
41.13%
11.07%
11.41%
3.81%
7.34%
-19.35%
11.51%
-53.10%
44.11%
20.40%
13.25%
4.78%
-10.21%
-27.00%
23.53%
-85.44%
50.45%
20.22%
16.89%
8.39%
-2.83%
-24.75%
1.94%
-70.29%
46.83%
24.12%
-0.37%
3.27%
As of February 20, 2024.

Asset Allocation

As of December 31, 2023.
Type % Net % Long % Short
Cash 3.43% Upgrade Upgrade
Stock 96.57% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy master limited partnerships and energy midstream entities. Under normal market conditions, the Fund invests at least 80% of its managed assets in energy MLPs and energy midstream entities.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Energy Limited Partnership
Category Index Morningstar MLP Composite TR USD
Global Category Name Energy Sector Equity
YCharts Categorization Energy Equity
YCharts Benchmark S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR)
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name ClearBridge
Prospectus Benchmark Index
Alerian MLP TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Chris Eades 13.61 yrs
Peter Vanderlee 13.61 yrs
Patrick McElroy 0.09 yrs

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