[April 25, 2019] |
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LMP Capital and Income Fund Inc. Portfolio Composition as of March 31, 2019
LMP Capital and Income Fund Inc. (NYSE: SCD) announces its portfolio
composition as of March 31, 2019.
Investment Objective: The Fund's Investment objective is total
return with an emphasis on income.
Portfolio Composition1:
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Asset Allocation
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Common Stocks
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60.9%
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Energy MLPs
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20.6%
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Equity REITs
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8.9%
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Convertible Preferred Stocks
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7.2%
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Cash
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2.3%
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Equity Sector Allocation2
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Energy - MLPs
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20.6%
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Financials
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19.1%
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Information Technology
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11.0%
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Real Estate
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10.8%
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Health Care
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7.3%
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Utilities
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6.6%
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Industrials
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5.1%
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Materials
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4.7%
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Communication Services
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4.4%
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Consumer Staples (News - Alert)
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4.4%
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Energy - Other
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2.6%
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Consumer Discretionary
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1.0%
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Cash & Other Securities
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2.3%
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Top Holdings-Equities2
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The Blackstone Group L.P.
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3.0%
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Lockheed Martin (News - Alert) Corp
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2.9%
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Microsoft Corp.
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2.7%
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Merck & Co. Inc.
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2.6%
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Verizon (News - Alert) Communications
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2.3%
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Top Holdings- MLPs2
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Energy Transfer Equity LP
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2.7%
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Enterprise Products Partners LP
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2.2%
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Genesis Energy, LP
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2.1%
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Hoegh LNG Partners, LP
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2.0%
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KNOT Offshore Partners LP
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1.9%
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Top Holdings- Equity REITs2
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Park Hotels & Resorts Inc.
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1.2%
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Weyerhaeuser
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1.1%
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STORE Capital Corp.
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1.1%
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Simon Property Group Inc.
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1.0%
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EPR Properties
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1.0%
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Portfolio Statistics:
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Inception Date
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February 24, 2004
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Inception Price
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$20.00
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Total Assets3
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$341,625,447
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Net Assets
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$259,625,447
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Loans4
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24.00%
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Preferred Shares4
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0.00%
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Reverse Repos4
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0.00%
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Market Price
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$12.90
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NAV
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$14.44
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(Daily NAV is available on market quotation systems using the symbol
XSCDX.)
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Distribution Rate5
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$0.3100 per share
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Frequency
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Quarterly
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1
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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.
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2
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Percentage based on the Equity sleeve of the portfolio.
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3
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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.
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4
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Percentages based on total assets.
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5
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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.
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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
View source version on businesswire.com: https://www.businesswire.com/news/home/20190425005853/en/
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