LMP Capital and Income Fund Inc. Portfolio Composition as of June 30, 2012
August 02 2012 - 8:30AM
Business Wire
LMP Capital and Income Fund Inc. (NYSE:SCD) announces its
portfolio composition as of June 30, 2012.
Investment Objective: The Fund’s Investment objective is
total return with an emphasis on income.
Portfolio Composition1:
Asset
Allocation
Equities 36.9% MLPs 25.1% REITs 22.2% Bonds/Hybrids 13.2%
Cash & Other Securities 2.6%
Equity Sector
Allocation2
Financials (including REITs) 28.9% Energy (including MLPs) 26.8%
Utilities 14.9% Telecommunications 14.0% Industrials 4.8% Health
Care 4.2% Cash & Other Securities 2.6% Consumer Staples 2.4%
Information Technology 1.5%
Top Holdings-
MLPs2
Energy Transfer Equity LP 4.2% Linn Energy LLC 3.4% Enterprise
Products Partners LP 3.4% DCP Midstream Partners LP 1.6% Buckeye
Partners LP 1.5%
Top Holdings-
REITs2
Annaly Capital Management Inc. 3.2% Hatteras Financial Corp 2.2%
Health Care Reit Inc 1.8% American Capital Agency Corp 1.8%
Westfield Group 1.3%
Top
Holdings-Equities2
Vodafone Group PLC 3.7% CenturyLink Inc 3.2% Great Plains Energy
Inc. 3.1% Verizon Communications Inc. 2.4% AT&T Inc. 2.4%
Portfolio Statistics:
Inception Date
February 24, 2004
Inception Price
$20.00
Total Assets3
$335,709,925
Net Assets
$250,391,707
Loans
22.94%
Preferred Shares
0.00%
Reverse Repos
0.00%
Market Price
$12.85
NAV
$13.92 (Daily NAV is available on market quotation systems using
the symbol XSCDX.)
Distribution Rate4
$0.2800 per share
Frequency
Quarterly
1 Portfolio holdings and weightings are historical and are
presented here for informational purposes only. They are subject to
change at any time. Negative allocations and allocations in excess
of 100%, if any, are primarily due to the Fund's unsettled trade
activity.
2 Percentage based on the total portfolio.
3 The difference between total assets and net assets, if any, is
due primarily to the Fund’s use of borrowings; net assets do not
include borrowings. The Fund may employ leverage in the form of
loans, preferred stock, reverse repurchase agreements and/or other
instruments. When the Fund engages in transactions that have a
leveraging effect on the Fund’s portfolio, the value of the Fund
will be more volatile and all other risks will tend to be
compounded.
4 Pursuant to its managed distribution policy, the Fund intends
to make regular quarterly 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 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.
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 and Western Asset
Management Company, affiliates of the advisor.
An investment in the Fund involves risk, including loss of
principal. Investment return and the value of shares will
fluctuate. Fixed income securities are subject to credit risk,
inflation risk, call risk, and interest rate risks. As interest
rates rise, bond prices fall, reducing the value of the Fund's
share price.
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.
For more information, please call Fund Investor Relations at
888-777-0102, or consult the Fund’s web site at
www.leggmason.com/cef.
FN1112223
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