LMP Capital and Income (NYSE:SCD)
Historical Stock Chart
From Jul 2019 to Jul 2024
LMP Capital and Income Fund Inc. (NYSE: SCD) announces its portfolio
composition as of March 31, 2008.
Investment Objective: The Fund's Investment objective is total
return with an emphasis on income.
Portfolio Composition*:
Asset Allocation
Equities
64.5%
High Yield
12.5%
Mortgage Backed
5.9%
Investment Grade
4.1%
Government
2.0%
Emerging Market Debt
0.1%
Cash and Other Securities
10.8%
Equity Sector Allocation
Financials
20.5%
Energy
17.1%
Industrials
16.7%
Information Technology
13.1%
Consumer Discretionary
10.4%
Health Care
8.4%
Telecommunication
4.5%
Utilities
4.5%
Consumer Staples
3.6%
Materials
1.2%
Top Ten Equity Holdings
General Electric Co
2.7%
Dover Corp
2.6%
Crosstex Energy Inc
2.5%
Halliburton Co
2.2%
Liberty Media Corp New
2.0%
Lamar Advertising Co
2.0%
Assa Abloy
1.9%
Invesco Ltd
1.9%
American Express Co
1.8%
Covanta Hldg Corp
1.8%
Fixed Income Credit Quality
Allocation (Higher of S&P/Moody/Fitch)
AAA
29.9%
AA
4.7%
A
5.5%
BBB
9.0%
BB
18.5%
B
27.3%
CCC
5.1%
Top Five Fixed Income High Yield
Industries
Consumer Cyclical
9.9%
Communications
5.5%
Basic Industry
5.3%
Electric
5.3%
Consumer Non Cyclical
5.1%
Fixed Income - Statistics **
Average Life (years)
9.1
Effective Duration (years)
4.0
Average Credit Quality (S&P)
BBB
Portfolio Statistics:
Inception Date
February 24, 2004
Inception Price
$20.00
Total Net Assets
$531,845,287
Market Price
$16.09
NAV
$17.75
(Daily NAV is available on market quotation systems using the symbol
XSCDX.)
Distribution Rate***
$0.1400 per share
Frequency
Monthly (Declared quarterly, paid monthly)
Leverage****
24.09%
* Portfolio holdings and weightings are historical and are presented
here for informational purposes only. They are subject to change at any
time.
** Average Life, Effective Duration and Average Credit Quality are based
solely on the fixed income portion of the total portfolio.
*** Pursuant to its managed distribution policy, the Fund intends to
make regular monthly distributions to shareholders of its common stock
at a fixed rate per common share, which may be adjusted from time to
time by the Fund's Board of Directors. Under the Fund's managed
distribution policy, if, for any monthly distribution, the total of net
investment income and net realized capital gain is less than the amount
of the distribution, the difference will be distributed from the Fund's
assets (and will constitute a "return of capital"). The Board of
Directors may terminate the managed distribution policy at any time,
including when certain events would make part of any return of capital
taxable to shareholders. Any such termination could have an adverse
effect on the market price for the Fund's shares.
**** The Fund may employ leverage in the form of loans, preferred stock,
reverse repurchase agreements and/or other instruments. If the Fund
establishes a segregated account in which it maintains cash and/or
liquid securities equal in value to its obligation in respect of the
reverse repurchase agreements (or other instruments), these investments
are not considered to be a borrowing or a "senior security" for purposes
of the asset coverage requirements under the 1940 Act, although they may
have the same economic effect as other types of leverage.
LMP Capital and Income Fund Inc., a non-diversified closed-end
investment management company traded on the New York Stock Exchange
under the symbol “SCD,”
is advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned
subsidiary of Legg Mason, Inc. and is sub-advised by ClearBridge
Advisors, LLC, Western Asset Management Company, and Western Asset
Management Company Limited, affiliates of the adviser.
Past performance is no guarantee of future results. An investment in the
Fund involves risk, including loss of principal. Investment return and
the value of shares will fluctuate.
For more information, please call Fund Investor Relations at
888-777-0102, or consult the Fund’s web site
at www.leggmason.com/cef.