SCHEDULE: Morgan Stanley Reports 8.3% Stake in ClearBridge Energy Fund

Morgan Stanley and its subsidiary, Morgan Stanley Smith Barney LLC, disclose a combined 8.3% beneficial ownership in ClearBridge Energy Midstream Opportunity Fund Inc. via an amended Schedule 13G filing.

Summary

• Morgan Stanley and its subsidiary, Morgan Stanley Smith Barney LLC, filed an Amendment No. 2 to Schedule 13G.
• The filing reports beneficial ownership of Common Stock in ClearBridge Energy Midstream Opportunity Fund Inc. (CUSIP No. 18469P209).
• Morgan Stanley beneficially owns an aggregate of 1,535,805 shares, representing 8.3% of the class.
• Morgan Stanley Smith Barney LLC beneficially owns an aggregate of 1,534,891 shares, also representing 8.3% of the class.
• The shares are stated to be acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing reports a significant institutional ownership stake (8.3%) by Morgan Stanley in ClearBridge Energy Midstream Opportunity Fund Inc. While a 13G does not provide performance metrics, a substantial holding by a major financial institution can be viewed as a neutral to slightly positive signal regarding the fund's perceived stability or investment appeal, assuming the stake is maintained or increased. The filing itself is purely factual and regulatory.

Future Outlook

NA

Industry Context

This filing indicates a significant institutional stake in an energy midstream fund. The energy midstream sector typically involves the transportation, storage, and processing of oil and gas, often characterized by stable cash flows from long-term contracts. Morgan Stanley's reported position suggests continued institutional interest in this sector, potentially for income or diversification within investment portfolios.

Stakeholder Impact

• Shareholders: Increased institutional ownership by a major firm like Morgan Stanley could be seen as a vote of confidence, potentially influencing market perception and liquidity for ClearBridge Energy Midstream Opportunity Fund Inc.

Key Dates

Keywords

ClearBridge Energy Midstream Opportunity Fund, Morgan Stanley, Morgan Stanley Smith Barney, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investment, Energy Midstream