UPDATE: Bank of America Initiates Coverage on Clearbridge Energy MLP Total Return Fund on Valuation
September 16, 2013 at 08:52 AM EDT
In a report published Monday, Bank of America analyst Gabe Moreen initiated coverage on Clearbridge Energy MLP Total Return Fund (NYSE: CTR ) with a Neutral rating. In the report, Bank of America noted, “We believe CTR's current yield fairly reflects underlying MLP sector characteristics. YTD as of 13 September