Business Context and Reporting Period
This Form 8-K is a current report filed by ClearBridge Energy Midstream Opportunity Fund Inc. on January 2, 2019, regarding events occurring on December 31, 2018, and January 1, 2019. The Fund is a closed-end fund advised by Legg Mason Partners Fund Advisors, LLC.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
The primary material change reported is a restructuring of the Board of Directors effective December 31, 2018, and January 1, 2019:
- Appointment: Nisha Kumar was appointed as a director, effective January 1, 2019. She will serve on the Audit, Nominating, Compensation, and Pricing and Valuation Committees.
- Retirements: Dr. Riordan Roett and Leslie H. Gelb retired as directors, effective December 31, 2018.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. The document is limited to the disclosure of officer and director changes.
Key Facts for Investor Verification
- Verify the effective dates of the director appointments and retirements (January 1, 2019, and December 31, 2018, respectively).
- Confirm Nisha Kumar's committee assignments (Audit, Nominating, Compensation, Pricing and Valuation).
- Note that the press release detailing these changes is attached as Exhibit 99.1.
- Understand that this filing does not include financial results; investors should refer to the Fund's most recent 10-K or 10-Q for financial data.