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ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Selling, General, & Admin. Expense : $1.84 Mil (TTM As of Nov. 2023)


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What is ClearBridge Energy Midstream Opportunity Fund Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ClearBridge Energy Midstream Opportunity Fund's selling, general, & admin. expense for the six months ended in Nov. 2023 was $0.91 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Nov. 2023 was $1.84 Mil.


ClearBridge Energy Midstream Opportunity Fund Selling, General, & Admin. Expense Historical Data

The historical data trend for ClearBridge Energy Midstream Opportunity Fund's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ClearBridge Energy Midstream Opportunity Fund Selling, General, & Admin. Expense Chart

ClearBridge Energy Midstream Opportunity Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1.24 1.23 1.01 0.98 1.84

ClearBridge Energy Midstream Opportunity Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.44 0.54 0.93 0.91

Competitive Comparison of ClearBridge Energy Midstream Opportunity Fund's Selling, General, & Admin. Expense

For the Asset Management subindustry, ClearBridge Energy Midstream Opportunity Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ClearBridge Energy Midstream Opportunity Fund's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ClearBridge Energy Midstream Opportunity Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where ClearBridge Energy Midstream Opportunity Fund's Selling, General, & Admin. Expense falls into.



ClearBridge Energy Midstream Opportunity Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.84 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ClearBridge Energy Midstream Opportunity Fund  (NYSE:EMO) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


ClearBridge Energy Midstream Opportunity Fund Selling, General, & Admin. Expense Related Terms

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ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge Energy Midstream Opportunity Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide long-term investors with a high level of total return with an emphasis on cash distributions.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Variable Annuity Life Insurance Co /tx/ other: See Remarks 2929 ALLEN PARKWAY A28-40, HOUSTON TX 77019-2155
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560
Chris Eades other: Portfolio Manager 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018
Terrence Murphy other: CEO of Subadviser CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Gwen L Shaneyfelt other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906

ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Headlines