![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
LMP Capital and Income Fund Inc | NYSE:SCD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.62 | 0 | 01:00:00 |
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy.
The following dates apply to the distribution schedule below:
Month Record Date Ex-Dividend Date Payable Date March 3/18/2016 3/16/2016 3/24/2016 April 4/22/2016 4/20/2016 4/29/2016 May 5/20/2016 5/18/2016 5/27/2016 TickerFund Name
Month
AmountChange from Previous Distribution
SCD LMP Capital and Income Fund Inc.1 March $0.31000 a - BWG Legg Mason BW Global Income Opportunities Fund Inc. 1 March $0.11000 b $(0.02000) April $0.11000 May $0.11000 ESD Western Asset Emerging Markets Debt Fund Inc. 1 March $0.10500 - April $0.10500 May $0.10500 EMD Western Asset Emerging Markets Income Fund Inc. 1 March $0.21000 a - SBW Western Asset Worldwide Income Fund Inc. 1 March $0.07250 - April $0.07250 May $0.07250 RIT LMP Real Estate Income Fund Inc. 1 April $0.06000 - 1 – Please see table below for each Fund’s estimated source of distributions. a Quarterly paying distribution. b The Fund has decreased its distribution rate to a level that better approximates the current level of net investment income generated by its investment portfolio.Under the terms of each Fund’s managed distribution policy, the Fund seeks to maintain a consistent distribution level derived from the income and capital gains generated from the Fund’s investment portfolio. Shareholders should note that if the Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distributions paid, the difference will be distributed from the Fund's assets and may constitute a return of the shareholder’s capital. The Board of Directors may modify, terminate or suspend the managed distribution policy at any time. Any such modification, termination or suspension could have an adverse effect on the market price of the Fund’s shares.
The Fund’s distributions have been set based on the current level of income generated from the Fund’s investment portfolio and accumulated capital gains, if any. Based on the Fund's tax accounting records, which also factors in currency fluctuations, each Fund’s estimated source of cumulative fiscal year-to-date distributions is presented in the table below:
FundFiscal Year End
IncomeShort-Term Capital Gains
Long-Term Capital Gains
Return of Capital
SCD Nov 30 28.14% - - 71.86% c BWG Oct 31 100.00% - - - d ESD Dec 31 40.39% - - 59.61% d EMD May 31 63.48% - - 36.52% c SBW Dec 31 47.33% - - 52.67% d RIT Dec 31 67.79% - - 32.21% e
c
Sources of cumulative fiscal year-to-date distributions are estimated through March 31, 2016.
d
Sources of cumulative fiscal year-to-date distributions are estimated through May 31, 2016.
e
Sources of cumulative fiscal year-to-date distributions are estimated through April 30, 2016.
The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate notice when the distributions are paid.
This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2017, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).
For more information about the Funds, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Funds’ 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 Funds.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160218005252/en/
For Legg Mason Partners Fund Advisor, LLCMaria Rosati, 212-805-6036mrosati@leggmason.com
1 Year LMP Capital and Income Chart |
1 Month LMP Capital and Income Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions