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Thesis
ClearBridge Energy MLP Opportunity (NYSE:EMO) is a closed-end fund that provides exposure to a portfolio of energy midstream entities. The fund seeks a high level of total return with an emphasis on
EMO - MLP CEF Up 89% YTD
Summary
- The fund is one of the best performers in the energy CEF space this year being up 89%.
- EMO provides exposure to a portfolio of energy midstream entities.
- The fund is a very cyclical investment vehicle and not appropriate for buy-and-hold investors.
With an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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