LMP Capital and Income Fund, Inc. - SCD STOCK NEWS

ClearBridge Investments has announced updates to the portfolio management team of the LMP Capital and Income Fund Inc. (NYSE: SCD). The team structure, effective December 31, 2024, includes key members from both ClearBridge Investments and Western Asset Management Company.

From ClearBridge, Peter Vanderlee (team member since 2009) and Patrick McElroy (since 2022) will manage equity investments and oversee allocation between equity and fixed income securities. The Western Asset team includes Michael Buchanan, Ryan Brist, Mark Lindbloom (all since 2010), and Christopher Kilpatrick (since 2023), who will manage the fixed income portion.

The Fund trades on the NYSE, and like other closed-end funds, its shares may trade at a discount to NAV and are subject to market fluctuations and risk of loss.

LMP Capital and Income Fund Inc. (NYSE: SCD) has announced its distribution details for December 2, 2024. The Fund's monthly distribution of $0.1130 per share consists of 3.21% from net investment income, 9.69% from short-term capital gains, and 87.10% from long-term capital gains. For the fiscal year 2024 to date, the cumulative distribution of $1.2430 per share follows a similar pattern. The Fund's performance shows an average annual total return of 11.53% over the five-year period and a cumulative total return of 25.87% for the current fiscal period through October 31, 2024.

Franklin Templeton Fund Adviser has announced distributions for certain closed-end funds for December 2024, January and February 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) will distribute $0.08000 per share monthly, while Western Asset Emerging Markets Debt Fund (EMD) will distribute $0.08750, reflecting a $0.00300 increase. BWG's fiscal year-to-date distributions are estimated to come from 67.43% income and 32.57% return of capital. The distributions will be paid on December 31, 2024, February 3, 2025, and March 3, 2025, respectively.

LMP Capital and Income Fund Inc. (NYSE: SCD) has announced its distribution details for November 1, 2024. The monthly distribution of $0.1130 per share consists of 3.47% from net investment income, 10.31% from short-term capital gains, and 86.22% from long-term capital gains. The Fund's performance metrics show an average annual total return of 11.94% for the 5-year period and a cumulative total return of 26.80% for the fiscal period through September 30, 2024. The Fund maintains a managed distribution policy aimed at delivering long-term total returns through regular monthly distributions.

LMP Capital and Income Fund Inc. (NYSE: SCD) has announced its distribution sources for October 1, 2024, and the fiscal year 2024 to date. The Fund's September monthly distribution of $0.1130 per share comprises 2.33% from net investment income, 11.18% from net realized short-term capital gains, and 86.49% from net realized long-term capital gains. No return of capital is included in this distribution.

The Fund's cumulative fiscal year-to-date distribution of $1.0170 per share follows the same allocation percentages. SCD's average annual total return for the 5-year period ended August 31, 2024, is 12.28%, with an annualized distribution rate of 7.79%. The Fund maintains a managed distribution policy aiming to deliver long-term total return potential through regular monthly distributions.

LMP Capital and Income Fund Inc. (NYSE: SCD) has announced its distribution details for September 3, 2024, and fiscal year 2024 to date. The Fund's estimated allocations for the August monthly distribution of $0.1130 per share are: 8.59% from net investment income, 17.08% from net realized short-term capital gains, and 74.33% from net realized long-term capital gains. No return of capital is expected.

The Fund's 5-year average annual total return is 11.47%, with an annualized distribution rate of 7.95%. The cumulative total return for the fiscal period through July 31, 2024, is 21.05%. SCD maintains a managed distribution policy aiming to deliver long-term total return potential through regular monthly distributions.

Franklin Templeton Fund Adviser, has announced distributions for certain closed-end funds for September, October, and November 2024. The funds include BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG), LMP Capital and Income Fund Inc. (SCD), and Western Asset Emerging Markets Debt Fund Inc. (EMD). BWG will distribute $0.08000 per share each month.

The distributions are part of the funds' managed distribution policy, aiming to maintain consistent distribution levels from income, capital gains, and potentially return of capital. For BWG, the estimated source of distributions for the fiscal year-to-date is 55.04% from income and 44.96% from return of capital. Shareholders are advised not to draw conclusions about fund performance from these distributions.

LMP Capital and Income Fund Inc. (NYSE: SCD) has announced its distribution details for August 1, 2024, and fiscal year 2024. The Fund's estimated sources of distribution include:

- July Monthly Distribution: $0.1130 per share
- Fiscal Year-to-Date Distribution: $0.7910 per share

The distribution sources are broken down into net investment income, short-term and long-term capital gains, and return of capital. SCD estimates it has distributed more than its income and net realized capital gains, indicating a portion may be a return of capital. The Fund's 5-year average annual total return is 11.19%, with a current annualized distribution rate of 8.17%.

LMP Capital and Income Fund (NYSE: SCD) released an announcement regarding the sources of its distributions slated for July 1, 2024. The fund disclosed estimated allocations for the June monthly distribution, noting that a significant portion (78.42%) comprises net realized long-term capital gains, with the rest from net investment income (10.05%) and net realized short-term capital gains (11.52%). No return of capital was reported. For the fiscal year-to-date, the distribution per share is $0.6780, with similar allocation percentages. Notably, SCD has distributed more than its income and net realized capital gains, which could imply a return of capital. This distribution does not necessarily reflect fund performance. Performance metrics include a 5-year average annual total return of 12.35% and a cumulative total return of 14.45% for the fiscal period through May 31, 2024. The managed distribution policy allows for regular monthly payouts, potentially including returns of capital. Investors will receive Form 1099-DIV for tax purposes.