FMP
LMP Capital and Income Fund Inc.
SCD
NYSE
LMP Capital and Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies, intermediate period corporate bonds and notes rated at least A-, energy and non-energy master limited partnerships, and real estate investment trusts. It focuses on such factors as economic, market, or political conditions, fiscal and monetary policy, and security valuation to create its portfolio. The fund benchmarks the performance of its portfolio against the U.S. Aggregate Index and S&P 500 Index. It was formerly known as Salomon Brothers Capital and Income Fund Inc. LMP Capital and Income Fund Inc. was formed on November 12, 2003 and is domiciled in the United States.
15.22 USD
0.13 (0.854%)
Stuart Mooney
Apr 10, 2025
Tesco PLC, trading as PNK:TSCDY, is the largest supermarket chain in the UK. It operates in the highly competitive grocery sector, facing rivals like J Sainsbury PLC and Marks and Spencer Group PLC. On April 10, 2025, TSCDY reported its earnings, achieving an earnings per share (EPS) of $0.4488, which matched the estimated EPS. The company's revenue was approximately $43.1 billion, aligning perfectly with the estimated revenue. Despite meeting earnings expectations, TSCDY's shares fell by 6.6%,...
Alex Lavoie
Jan 9, 2025
Tesco PLC, trading as TSCDY on the PNK exchange, is a leading supermarket group in Britain. It operates across the UK, Ireland, and Central Europe, with a significant presence in the wholesale market through its Booker division. Despite facing competition from other major retailers, Tesco has maintained a strong market position. On January 9, 2025, TSCDY reported earnings per share of $0.1985, missing the estimated $0.524. However, the company exceeded revenue expectations, reporting $45.93 bil...
Tony Dante
Oct 7, 2024
On October 7, 2024, Morgan Stanley maintained its "Overweight" rating for Tesco PLC, traded as TSCDY on the PNK exchange. The stock was held at a price of $14.15. Morgan Stanley also increased its price target for Tesco from 393 GBp to 427 GBp, as highlighted by TheFly. This suggests confidence in Tesco's future performance. Despite this positive outlook from Morgan Stanley, TSCDY has been downgraded from a "buy" to a "hold" rating. This downgrade reflects the stock's current valuation, which a...
Seeking Alpha
Aug 24, 2024
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate th...
Seeking Alpha
Aug 15, 2024
LMP Capital and Income Fund offers a fairly diversified portfolio but with a tilt toward more unique allocations emphasizing technology and energy sectors. The fund has outperformed the S&P 500 Index since our last update, but long-term performance has been mixed as energy struggled for years. The fund shifted to a monthly distribution schedule since our last update, which is generally more favorable to income-focused investors.
Seeking Alpha
Aug 4, 2024
LMP Capital and Income Fund Inc is mostly an equity fund that is focused on energy (MLPs) and technology stocks. However, shares had a decent run in 2024 with nearly 17% total return year-to-date, making them a bit overvalued. The SCD closed-end fund currently provides a reasonably high yield of 8.7% plus; however, it uses a moderate level of leverage, roughly 20% of total assets. SCD has a decent long-term record of over 20 years. Moreover, it has outperformed most similar funds during the last...
Seeking Alpha
Jul 27, 2024
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate th...
Seeking Alpha
Jul 14, 2024
LMP Capital and Income Fund offers high current income from equities with an 8.75% yield, higher than most market indices. The fund invests in equities, providing inflation protection, but its yield is lower compared to peers in the Hybrid-Global Allocation category. The Fund's leverage is reasonable at 19.95% of assets, distributions are sustainable, and shares trade at an 8.69% discount to net asset value.
Seeking Alpha
Jun 23, 2024
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate th...
Seeking Alpha
May 19, 2024
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate th...