LMP Capital and Income Fund Inc. Announces Financial Position as of August 31, 2012
NEW YORK--(BUSINESS WIRE)-- LMP Capital and Income Fund Inc. (SCD) announced today the financial position of the Fund as of August 31, 2012.
|Current Q||Previous Q||Q Ended|
|August 31, 2012||May 31, 2012||September 30, 2011||*|
|Total Assets (a)||$||342,902,620||$||319,527,860||$||334,699,090|
|Total Net Assets (a)||$||265,469,007||$||240,386,092||$||248,539,385|
|NAV Per Share of Common Stock (b)||$||14.76||$||13.37||$||12.47|
|Market Price Per Share||$||14.24||$||12.52||$||11.45|
|Premium / (Discount)||(3.52||)%||(6.36||)%||(8.18||)%|
|Total Net Investment Income (c)||$||3,673,182||$||3,413,246||$||4,599,411|
|Total Net Realized/Unrealized Gain/(Loss) (c)||$||26,445,066||$||(15,343,276||)||$||(42,446,981||)|
|Net Increase (Decrease) in Net Assets From Operations (c)||$||30,118,248||$||(11,930,030||)||$||(37,847,570||)|
Earnings per Common Share Outstanding
|Total Net Investment Income (c)(d)||$||0.20||$||0.19||$||0.22|
|Total Net Realized/Unrealized Gain/(Loss) (c)(d)||$||1.47||$||(0.84||)||$||(2.02||)|
|Net Increase (Decrease) in Net Assets From Operations (c)(d)||$||1.67||$||(0.65||)||$||(1.80||)|
|Undistributed/(Overdistributed) Net Investment Income (e)||$||1,801,115||$||3,163,266||$||3,181,237|
|Undistributed/(Overdistributed) Net Investment Income|
|Per Share (e)||$||0.10||$||0.18||$||0.16|
|Loan Outstanding (e)||$||77,000,000||$||77,000,000||$||73,000,000|
(a) The difference between total assets and total net assets is due primarily to the Funds use of borrowings, which are included in total assets; total net assets do not include borrowings.
(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(c) For the quarter indicated.
(d) Per share amounts have been calculated using the average shares method.
(e) As of the period indicated above.
* In mid-November 2011, the Funds fiscal year-end changed from December 31 to November 30.
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commissions website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
LMP Capital and Income Fund Inc. is a non-diversified, closed-end management investment company. Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., serves as the Fund's investment manager. The Fund is sub-advised by ClearBridge Advisors, LLC and Western Asset Management Company, affiliates of the investment manager.
For more information, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com.
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.
LMP Capital and Income Fund Inc.
Maria Rosati, 212-805-6036
Source: LMP Capital and Income Fund Inc.Copyright Business Wire 2012