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 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.
LMP Capital and Income Fund Inc. (NYSE: SCD) ha annunciato i dettagli della sua distribuzione per il 3 settembre 2024 e per l'anno fiscale 2024 fino ad oggi. Le allocazioni stimate del fondo per la distribuzione mensile di agosto di $0.1130 per azione sono: 8.59% da reddito netto da investimenti, 17.08% da guadagni di capitale realizzati a breve termine e 74.33% da guadagni di capitale realizzati a lungo termine. Non è prevista restituzione di capitale.
Il rendimento totale annuale medio su 5 anni del fondo è dell'11.47%, con un tasso di distribuzione annualizzato del 7.95%. Il rendimento totale cumulativo per il periodo fiscale fino al 31 luglio 2024 è del 21.05%. SCD mantiene una politica di distribuzione gestita con l'obiettivo di offrire un potenziale di rendimento totale a lungo termine attraverso distribuzioni mensili regolari.
LMP Capital and Income Fund Inc. (NYSE: SCD) ha anunciado los detalles de su distribución para el 3 de septiembre de 2024 y para el año fiscal 2024 hasta la fecha. Las asignaciones estimadas del fondo para la distribución mensual de agosto de $0.1130 por acción son: 8.59% de ingresos netos de inversiones, 17.08% de ganancias de capital realizados a corto plazo y 74.33% de ganancias de capital realizados a largo plazo. No se espera devolución de capital.
El rendimiento total anual promedio de 5 años del fondo es del 11.47%, con una tasa de distribución anualizada del 7.95%. El rendimiento total acumulado para el período fiscal hasta el 31 de julio de 2024 es del 21.05%. SCD mantiene una política de distribución gestionada que busca ofrecer potencial de rendimiento total a largo plazo a través de distribuciones mensuales regulares.
LMP Capital and Income Fund Inc. (NYSE: SCD)는 2024년 9월 3일 및 2024 회계연도까지의 배포 세부사항을 발표했습니다. 8월 월간 배당금 $0.1130 당 추정 배분은 다음과 같습니다: 순투자소득의 8.59%, 단기 실현된 자본 이익의 17.08%, 장기 실현된 자본 이익의 74.33%. 자본 반환은 예상되지 않습니다.
당 фонд의 5년 평균 연간 총 수익률은 11.47%이며, 연환산 배당률은 7.95%입니다. 2024년 7월 31일까지의 회계 기간에 대한 누적 총 수익률은 21.05%입니다. SCD는 정기적인 월간 배당을 통해 장기적인 총 수익 가능성을 제공하기 위해 관리된 배급 정책을 유지하고 있습니다.
LMP Capital and Income Fund Inc. (NYSE: SCD) a annoncé les détails de sa distribution pour le 3 septembre 2024 et pour l'exercice fiscal 2024 à ce jour. Les allocations estimées du Fonds pour la distribution mensuelle d'août de 0,1130 $ par action sont : 8,59 % provenant du revenu net d'investissement, 17,08 % provenants de gains en capital réalisés à court terme et 74,33 % provenant de gains en capital réalisés à long terme. Aucun remboursement de capital n'est attendu.
Le rendement total annuel moyen sur 5 ans du fonds est de 11,47 %, avec un taux de distribution annualisé de 7,95 %. Le rendement total cumulé pour la période fiscale jusqu'au 31 juillet 2024 est de 21,05 %. SCD maintient une politique de distribution gérée visant à offrir un potentiel de rendement total à long terme grâce à des distributions mensuelles régulières.
LMP Capital and Income Fund Inc. (NYSE: SCD) hat die Einzelheiten seiner Ausschüttung für den 3. September 2024 und für das Geschäftsjahr 2024 bis dato bekannt gegeben. Die geschätzten Zuteilungen des Fonds für die monatliche Ausschüttung im August von 0,1130 $ pro Aktie sind: 8,59% aus Nettomieteinnahmen, 17,08% aus realisierten kurzfristigen Kapitalgewinnen und 74,33% aus realisierten langfristigen Kapitalgewinnen. Es wird keine Kapitalrückzahlung erwartet.
Der 5-Jahres-Durchschnittsrendite des Fonds beträgt 11,47%, mit einem annualisierten Ausschüttungsquote von 7,95%. Die kumulierte Gesamtrendite für den Geschäftzeitraum bis zum 31. Juli 2024 beträgt 21,05%. SCD verfolgt eine verwaltete Ausschüttungspolitik, die darauf abzielt, das Potenzial für langfristige Gesamtrendite durch regelmäßige monatliche Ausschüttungen zu liefern.
- Fund's 5-year average annual total return of 11.47%
- Cumulative total return of 21.05% for the fiscal period through July 31, 2024
- No return of capital expected in the distribution, indicating earnings cover the payout
- None.
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 September 3, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for the August Monthly Distribution as of July 31, 2024:
Distribution
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Net Investment
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Net Realized
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Net Realized
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Return of
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Cumulative Estimated Allocations fiscal year-to-date as of July 31, 2024, for the fiscal year ending November 30, 2024:
Distribution
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Net Investment
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Net Realized
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Net Realized
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Return of
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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
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Annualized
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Cumulative Total
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Cumulative Fiscal
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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 July 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 July 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from November 30, 2023 through July 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, 2023 through July 31, 2024, as a percentage of the Fund’s NAV as of July 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/20240903187131/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What is the distribution amount per share for SCD in August 2024?
What is the 5-year average annual total return for SCD as of July 31, 2024?
Does SCD's August 2024 distribution include any return of capital?
What is SCD's annualized distribution rate as of July 31, 2024?
