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The Fund’s investment objective is to provide long-term investors a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (“MLPs”) in the Energy sector. The Fund considers an entity to be within the Energy sector if it derives at least 50% of its revenues from the business 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. The funds present focus is primarily on investments in MLPs with operations in crude oil, natural gas liquids and refined products infrastructure. The fund believes that the increased supply of domestic oil and natural gas liquids — due primarily to recent shale gas discoveries — makes MLPs focused on these liquid products well positioned for long-term growth. However, should macroeconomic energy, political, regulatory or tax considerations evolve, and other types of MLPs become more attractive, the fund may look to invest in these new opportunities. ClearBridge Investments, LLC is the Fund’s subadviser
Clearbridge Energy MLP Opportunities trades on the NYSE stock market under the symbol EMO.
As of April 9, 2025, EMO stock price declined to $40.26 with 27,599 million shares trading.
EMO has a beta of 0.93, meaning it tends to be less sensitive to market movements. EMO has a correlation of 0.45 to the broad based SPY ETF.
EMO has a market cap of $732.34 million. This is considered a Small Cap stock.
In the last 3 years, EMO traded as high as $51.87 and as low as $21.93.
EMO has outperformed the market in the last year with a return of +5.9%, while the SPY ETF lost -2.4%. In the last 3 month period, EMO beat the market returning -12.7%, while SPY returned -15.1%. However, in the most recent 2 weeks EMO has underperformed the stock market by returning -19.6%, while SPY returned -13.3%.
EMO support price is $40.24 and resistance is $41.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EMO shares will trade within this expected range on the day.