ClearBridge Energy Midstream Opportunity Fund — Proxy Contest (March 2023)

6 slides from ClearBridge Energy Midstream Opportunity Fund's proxy contest presentation, Mar 27, 2023

Slide 1: ClearBridge Energy Midstream Opportunity Fund (EMO) Presentation to ISS
ClearBridge Energy Midstream Opportunity Fund (EMO) A PRESENTATION TO INSTITUIONAL SHAREHOLDER SERVICES INC. March 27, 2023
Slide 2: Discount to NAV
PAGE 2 Saba Capital Strictly Private and Confidential Discount to NAV
Slide 3: Performance
PAGE 3 Saba Capital Strictly Private and Confidential Performance
Slide 4: Holdings
PAGE 4 Saba Capital Strictly Private and Confidential Holdings Ticker Security Name Quantity Sector NameWeight (%)Market Value ($) ET Energy Transfer Equity LP 4,176,293 Energy 8.38 52,871,868.00 MPLX MPLX LP MLP 1,407,331 Energy 7.72 48,735,872.00 EPD Enterprise Products Partners LP 1,807,049 Energ
Slide 5: Benefits of the closed-end fund structure
PAGE 5 Saba Capital Strictly Private and Confidential 2020 With respect to the benefits of the closed - end fund structure, closed - end funds are not subject to daily cash flows , portfolio managers are not burdened by non - investment considerations , such as continuous sales or redemptions of sha
Slide 6: Private Placements of Preferred Stock; Important Information
PAGE 6 Saba Capital Strictly Private and Confidential Private Placements of Preferred Stock Saba Capital 13D 9/26/2022 Bulldog Investors 13D 9/20/2019 Important Information Saba Capital Management, L.P. (“Saba Capital”), Saba Capital Master Fund, Ltd. (“Saba I”), Boaz R. Weinstein (“Mr. Weinstein,”