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ClearBridge Energy MLP Total Return Fund (ClearBridge Energy MLP Total Return Fund) Scaled Net Operating Assets : 1.08 (As of Nov. 2023)


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What is ClearBridge Energy MLP Total Return Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ClearBridge Energy MLP Total Return Fund's operating assets for the quarter that ended in Nov. 2023 was $389.35 Mil. ClearBridge Energy MLP Total Return Fund's operating liabilities for the quarter that ended in Nov. 2023 was $21.99 Mil. ClearBridge Energy MLP Total Return Fund's Total Assets for the quarter that ended in May. 2023 was $339.36 Mil. Therefore, ClearBridge Energy MLP Total Return Fund's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was 1.08.

ClearBridge Energy MLP Total Return Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ClearBridge Energy MLP Total Return Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2023 )
=(Operating Assets (A: Nov. 2023 )-Operating Liabilities (A: Nov. 2023 ))/Total Assets (A: Nov. 2022 )
=(389.348-21.994)/367.696
=1.00

where

Operating Assets(A: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=389.348 - 0
=389.348

Operating Liabilities(A: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.045 - 91.051 - 0
=21.994

ClearBridge Energy MLP Total Return Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2023 )
=(Operating Assets (Q: Nov. 2023 )-Operating Liabilities (Q: Nov. 2023 ))/Total Assets (Q: May. 2023 )
=(389.348-21.994)/339.357
=1.08

where

Operating Assets(Q: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=389.348 - 0
=389.348

Operating Liabilities(Q: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.045 - 91.051 - 0
=21.994

* 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 MLP Total Return Fund Scaled Net Operating Assets Related Terms

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ClearBridge Energy MLP Total Return Fund (ClearBridge Energy MLP Total Return Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ClearBridge Energy MLP Total Return Fund (NYSE:CTR) » Definitions » Scaled Net Operating Assets
Comparable Companies
BNY RCS RIV TEI FDEU AGD VPV TSI PMF PMX BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Website
https://www.franklintempleton.com
ClearBridge Energy MLP Total Return Fund is the United States-based non-diversified, closed-end management investment company. Its investment objective is to provide a high level of total return consisting of cash distributions and capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Prudential Financial Inc 10 percent owner 751 BROAD ST, NEWARK NJ 07102
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Franklin Resources Inc other: Affiliate of Investment Adv. FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
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
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
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403