LMP Real Estate Income Fund Inc. Announces Financial Position as of September 30, 2014

LMP Real Estate Income Fund Inc. (NYSE:RIT) announced today the financial position of the Fund as of September 30, 2014.

Current Q

Previous Q

Prior Yr Q

September 30, 2014

June 30, 2014

September 30, 2013

        
      
      
        
          Total Assets (a)
        
        
          $
        
        
          183,126,826
        
        
        
        
        
        
          $
        
        
          191,046,743
        
        
        
        
        
        
          $
        
        
          174,345,686
        
        
        
      
      
        
          Total Net Assets (a)
        
        
          $
        
        
          145,893,633
        
        
        
        
        
        
          $
        
        
          153,833,533
        
        
        
        
        
        
          $
        
        
          137,081,528
        
        
        
      
      
        
          NAV Per Share of Common Stock (b)
        
        
          $
        
        
          12.75
        
        
        
        
        
        
          $
        
        
          13.45
        
        
        
        
        
        
          $
        
        
          11.98
        
        
        
      
      
        
          Market Price Per Share
        
        
          $
        
        
          11.23
        
        
        
        
        
        
          $
        
        
          11.51
        
        
        
        
        
        
          $
        
        
          10.53
        
        
        
      
      
        
          Premium / (Discount)
        
        
        
        
          (11.92
        
        
          )%
        
        
        
        
        
        
          (14.42
        
        
          )%
        
        
        
        
        
        
          (12.10
        
        
          )%
        
      
      
        
          Outstanding Shares
        
        
        
        
          11,441,022
        
        
        
        
        
        
        
        
          11,441,022
        
        
        
        
        
        
        
        
          11,441,022
        
        
        
      
      
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Total Net Investment Income (c)
        
        
          $
        
        
          2,985,719
        
        
        
        
        
        
          $
        
        
          (199,119
        
        
          )
        
        
        
        
          $
        
        
          1,469,450
        
        
        
      
      
        
          Total Net Realized/Unrealized Gain/(Loss) (c)
        
        
          $
        
        
          (8,866,235
        
        
          )
        
        
        
        
          $
        
        
          11,943,077
        
        
           
        
        
        
        
          $
        
        
          (7,523,199
        
        
          )
        
      
      
        
          Net Increase (Decrease) in Net Assets From Operations (c)
        
        
          $
        
        
          (5,880,516
        
        
          )
        
        
        
        
          $
        
        
          11,743,958
        
        
           
        
        
        
        
          $
        
        
          (6,053,749
        
        
          )
        
      
      
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Earnings per Common Share Outstanding

        
        
        
        
        
        
        
        
        
        
        
      
      
        
          Total Net Investment Income (c)
        
        
          $
        
        
          0.26
        
        
        
        
        
        
          $
        
        
          (0.02
        
        
          )
        
        
        
        
          $
        
        
          0.13
        
        
        
      
      
        
          Total Net Realized/Unrealized Gain/(Loss) (c)
        
        
          $
        
        
          (0.78
        
        
          )
        
        
        
        
          $
        
        
          1.04
        
        
           
        
        
        
        
          $
        
        
          (0.66
        
        
          )
        
      
      
        
          Net Increase (Decrease) in Net Assets From Operations (c)
        
        
          $
        
        
          (0.52
        
        
          )
        
        
        
        
          $
        
        
          1.02
        
        
           
        
        
        
        
          $
        
        
          (0.53
        
        
          )
        
      
      
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Undistributed/(Overdistributed) Net Investment Income (d)
        
        
          $
        
        
          (1,216,010
        
        
          )
        
        
        
        
          $
        
        
          (2,142,345
        
        
          )
        
        
        
        
          $
        
        
          (3,459,011
        
        
          )
        
      
      
        
          Undistributed/(Overdistributed) Net Investment Income
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          Per Share (d)
        
        
          $
        
        
          (0.11
        
        
          )
        
        
        
        
          $
        
        
          (0.19
        
        
          )
        
        
        
        
          $
        
        
          (0.30
        
        
          )
        
      
      
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          Loan Outstanding (d)
        
        
          $
        
        
          37,000,000
        
        
        
        
        
        
          $
        
        
          37,000,000
        
        
        
        
        
        
          $
        
        
          37,000,000
        
        
        
      
    
    

Footnotes:

(a) The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings, which are included in total assets; total net assets do not include borrowings.

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

(c) For the quarter indicated.

(d) As of the date indicated above.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

LMP Real Estate Income Fund Inc. is a non-diversified management investment company. Legg Mason Partners Fund Advisor, LLC (“LMPFA”), a wholly owned subsidiary of Legg Mason, Inc. ("Legg Mason"), serves as the Fund's manager and ClearBridge Investments, LLC (“ClearBridge”) acts as sub-adviser. ClearBridge is an affiliate of LMPFA.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.

Media:LMP Real Estate Income Fund Inc.Maria Rosati, (212) [e-mail]