PRESS RELEASE


LMP Capital and Income Fund Inc. Portfolio Composition as of June 30, 2018


August 2, 2018

 

NEW YORK--(BUSINESS WIRE)-- LMP Capital and Income Fund Inc. (NYSE:SCD) announces its portfolio composition as of June 30, 2018.

Investment Objective: The Fund’s Investment objective is total return with an emphasis on income.

Portfolio Composition 1 :

Asset Allocation

Common Stocks

62.4%

Energy MLPs

17.5%

Equity REITs

9.1%

Convertible Preferred Stocks

4.8%

Cash

6.2%

 

Equity Sector Allocation 2

Financials 18.0%
Energy - MLPs 17.5%
Information Technology 12.6%
Real Estate 10.1%
Consumer Staples 6.5%
Health Care 6.1%
Utilities 5.3%
Industrials 4.8%
Materials 4.8%
Telecommunication Services 4.3%
Consumer Discretionary 3.3%
Energy - Other 0.7%
Cash & Other Securities 6.2%
 

Top Holdings-Equities 2

Microsoft Corp. 3.2%
Lockheed Martin Corp 2.9%
The Blackstone Group L.P. 2.7%
Dr. Pepper Snapple Group Inc. 2.5%
DowDuPont Inc. 2.3%
 

Top Holdings- MLPs 2

Energy Transfer Partners, LP 2.1%
Genesis Energy, LP 1.9%
Hoegh LNG Partners, LP 1.9%
Williams Partners LP 1.5%
Enterprise Products Partners LP 1.4%
 

Top Holdings- Equity REITs 2

Weyerhaeuser 1.5%
Park Hotels & Resorts Inc. 1.2%
American Tower Corp. 1.2%
Simon Property Group Inc. 0.9%
EPR Properties 0.8%
 

Portfolio Statistics:

 

Inception Date

February 24, 2004

Inception Price

$20.00

Total Assets 3

$343,730,649

Net Assets

$253,730,649

Loans 4

26.18%

Preferred Shares 4

0.00%

Reverse Repos 4

0.00%
 

Market Price

$12.85

NAV

$14.11
(Daily NAV is available on market quotation systems using the symbol XSCDX.)
 

Distribution Rate 5

$0.3100 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 Equity sleeve of the 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 Percentages based on total assets.
 
5 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 quarterly distribution, the value of the Fund’s 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 modify, terminate or suspend the managed distribution policy at any time, including when certain events would make part of any return of capital taxable to shareholders. Any such modification termination or suspension 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 Investments, LLC, Western Asset Management Company and Western Asset Management Company Limited, 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 Services at 1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

FN1112223

Media Contact

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