LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions
LMP Capital and Income Fund Inc. (NYSE: SCD) has announced its January 2025 distribution details. The Fund will distribute $0.1130 per share on February 3, 2025, comprising 27.65% from net investment income ($0.0312) and 72.35% from net realized long-term capital gains ($0.0818).
The Fund's performance metrics as of December 31, 2024, show an average annual total return of 10.82% over the past 5 years, an annualized distribution rate of 7.69%, and a cumulative total return of -4.76% for the fiscal period. The cumulative fiscal year-to-date distribution rate stands at 0.64%.
The Fund maintains a managed distribution policy aimed at delivering long-term total return potential through regular monthly distributions. Shareholders are advised that if the Fund's aggregate net investment income and realized capital gains are less than the distribution amount, the difference will be distributed as a return of capital.
LMP Capital and Income Fund Inc. (NYSE: SCD) ha annunciato i dettagli della distribuzione di gennaio 2025. Il Fondo distribuirà $0.1130 per azione il 3 febbraio 2025, di cui il 27.65% derivante da reddito da investimento netto ($0.0312) e il 72.35% da guadagni di capitale realizzati a lungo termine ($0.0818).
I parametri di rendimento del Fondo al 31 dicembre 2024 mostrano un ritorno totale annuale medio del 10.82% negli ultimi 5 anni, un tasso di distribuzione annualizzato del 7.69% e un ritorno totale cumulativo del -4.76% per il periodo fiscale. Il tasso di distribuzione cumulativa dall'inizio dell'anno fiscale è pari allo 0.64%.
Il Fondo mantiene una politica di distribuzione gestita mirata a offrire un potenziale di ritorno totale a lungo termine attraverso distribuzioni mensili regolari. Si consiglia agli azionisti che, se il reddito netto da investimento aggregato del Fondo e i guadagni di capitale realizzati sono inferiori all'importo della distribuzione, la differenza sarà distribuita come un ritorno di capitale.
LMP Capital and Income Fund Inc. (NYSE: SCD) ha anunciado los detalles de su distribución de enero de 2025. El Fondo distribuirá $0.1130 por acción el 3 de febrero de 2025, que comprende un 27.65% de ingresos netos de inversión ($0.0312) y un 72.35% de ganancias de capital realizas a largo plazo ($0.0818).
Las métricas de rendimiento del Fondo al 31 de diciembre de 2024 muestran un retorno total promedio anual del 10.82% en los últimos 5 años, una tasa de distribución anualizada del 7.69%, y un retorno total acumulado del -4.76% para el período fiscal. La tasa de distribución acumulada desde el inicio del año fiscal es del 0.64%.
El Fondo mantiene una política de distribución gestionada destinada a ofrecer un potencial de retorno total a largo plazo a través de distribuciones mensuales regulares. Se aconseja a los accionistas que, si el ingreso neto de inversión agregado del Fondo y las ganancias de capital realizadas son inferiores al monto de la distribución, la diferencia se distribuirá como un retorno de capital.
LMP Capital and Income Fund Inc. (NYSE: SCD)는 2025년 1월 배당 세부 정보를 발표했습니다. 이 펀드는 2025년 2월 3일에 주당 $0.1130을 배당할 예정이며, 여기에는 순 투자 수익의 27.65%($0.0312)와 실현된 장기 자본 이득의 72.35%($0.0818)가 포함됩니다.
2024년 12월 31일 기준 펀드의 성과 지표는 지난 5년 동안 연평균 총 수익률 10.82%를 나타내며, 연간 배당 수익률은 7.69%, 누적 총 수익률은 -4.76%입니다. 회계 연도 시작부터의 누적 배당 수익률은 0.64%입니다.
펀드는 정기적인 월 배당을 통해 장기 총 수익 잠재력을 제공하는 것을 목표로 하는 관리 배당 정책을 유지하고 있습니다. 펀드의 총 순 투자 수익 및 실현된 자본 이득이 배당금 금액보다 적은 경우, 차액은 자본 환급으로 분배된다는 점을 주주들에게 알립니다.
LMP Capital and Income Fund Inc. (NYSE: SCD) a annoncé les détails de sa distribution de janvier 2025. Le Fonds distribuera $0.1130 par action le 3 février 2025, dont 27.65% proviennent du revenu net d'investissement ($0.0312) et 72.35% des gains en capital réalisés à long terme ($0.0818).
Les indicateurs de performance du Fonds au 31 décembre 2024 montrent un rendement total annualisé moyen de 10.82% au cours des cinq dernières années, un taux de distribution annualisé de 7.69%, et un rendement total cumulé de -4.76% pour la période fiscale. Le taux de distribution cumulée depuis le début de l'exercice fiscal s'élève à 0.64%.
Le Fonds maintient une politique de distribution gérée visant à offrir un potentiel de rendement total à long terme par le biais de distributions mensuelles régulières. Il est conseillé aux actionnaires que si le revenu net d'investissement agrégé du Fonds et les gains en capital réalisés sont inférieurs au montant de la distribution, la différence sera distribuée comme retour de capital.
LMP Capital and Income Fund Inc. (NYSE: SCD) hat die Einzelheiten zur Ausschüttung im Januar 2025 bekannt gegeben. Der Fonds wird am 3. Februar 2025 $0.1130 pro Aktie ausschütten, wobei 27.65% aus Nettoanlageerträgen ($0.0312) und 72.35% aus realisierten langfristigen Kapitalgewinnen ($0.0818) stammen.
Die Leistungskennzahlen des Fonds zum 31. Dezember 2024 zeigen eine durchschnittliche jährliche Gesamtrendite von 10.82% über die letzten 5 Jahre, eine annualisierte Ausschüttungsquote von 7.69% und eine kumulierte Gesamtrendite von -4.76% für den Geschäftsjahrzeitraum. Die kumulierte Ausschüttungsrendite seit Beginn des Geschäftsjahres liegt bei 0.64%.
Der Fonds verfolgt eine verwaltete Ausschüttungspolitik, die darauf abzielt, ein langfristiges Gesamtertragspotenzial durch regelmäßige monatliche Ausschüttungen zu bieten. Aktionären wird geraten, dass, wenn die aggregierten Nettoanlageerträge und realisierten Kapitalgewinne des Fonds unter dem Ausschüttungsbetrag liegen, die Differenz als Kapitalrückgabe ausgezahlt wird.
- 5-year average annual total return of 10.82%
- Annualized distribution rate of 7.69%
- Consistent monthly distribution policy maintained
- Negative cumulative total return of -4.76% for the fiscal period
- Low cumulative fiscal year-to-date distribution rate of 0.64%
Notification of Sources of Distributions
Pursuant to Section 19(a) of the Investment Company Act of 1940
The Fund’s estimated sources of the distribution to be paid February 3, 2025, and for the fiscal year 2025 year-to-date are as follows:
Estimated Allocations for the January Monthly Distribution as of December 31, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Cumulative Estimated Allocations fiscal year-to-date as of December 31, 2024, for the fiscal year ending November 30, 2025:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Plan. SCD estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the SCD distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect SCD’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.
Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 12/31/2024)1 |
Annualized Distribution Rate (as a percentage of NAV as of 12/31/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 12/31/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 12/31/2024)4 |
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Fund Performance and Distribution Rate Information:
- Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through December 31, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of December 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from November 30, 2024 through December 31, 2024, assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period November 30, 2024 through December 31, 2024, as a percentage of the Fund’s NAV as of December 31, 2024.
This Fund has a managed distribution policy that seeks to deliver the Fund’s long-term total return potential through regular monthly distributions declared at a fixed rate per common share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if a Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund. The Board of Directors of the Fund may terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund’s shares.
For further information on LMP Capital and Income Fund Inc.,
please visit our web site at: www.franklintempleton.com/investments/options/closed-end-funds.
Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.
Category: Distribution Related
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20250203470670/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
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