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EMO: Provides A 8.6% Yield With No Safety Net

ClearBridge Energy Midstream Opportunity Fund maintains a hold rating due to its high yield but concentrated risk profile and lack of downside protection. EMO offers an 8.6% dividend yield, paid monthly, with distributions currently well-supported by earnings and classified as return of capital for tax efficiency. The fund trades at an 11.86% discount to NAV, but its success hinges on a handful of midstream energy…

Seeking Alpha • Jul 1, 2026

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