NEW YORK--(BUSINESS WIRE)--The replay of the LMP Capital and Income Fund Inc. (NYSE:SCD) conference call, held on February 13, 2014, is now available. The Fund’s portfolio management team from ClearBridge Investments, LLC provided an update on the Fund’s investment portfolio, strategy and market outlook.
Investors can access the replay of this call by phone or by visiting our website:
The Fund's primary investment objective is total return with an emphasis on income.
The Fund will vary its allocation between equity and fixed-income securities depending on ClearBridge Investments, LLC’s (“ClearBridge”) view of economic, market or political conditions, fiscal and monetary policy and security valuation. Depending on ClearBridge’s view of these factors, which may vary from time to time, ClearBridge may allocate substantially all of the investments in the portfolio to equity securities or fixed income securities.
Legg Mason Partners Fund Advisor, LLC (“LMPFA”) is the Fund's investment manager. Investment sub-advisory services are provided by ClearBridge, Western Asset Management Company (“Western Asset”) and Western Asset Management Company Limited (“Western Asset Limited”). LMPFA, ClearBridge, Western Asset and Western Asset Limited are wholly owned subsidiaries of Legg Mason, Inc. (“Legg Mason”). LMPFA delegates to the subadvisers the day-to-day portfolio management of the Fund. ClearBridge provides investment advisory services to the Fund by both determining the allocation of the Fund’s assets between equity and fixed-income investments and performing the day-to-day management of the Fund’s investments in equity securities. Western Asset and Western Asset Limited provide advisory services to the Fund by performing the day-to-day management of the Fund’s fixed-income investments.
Legg Mason is one of the nation's top 10 providers of closed-end funds with over $14 billion in assets under management as of 12/31/13, per Lipper.
All data and commentary provided in this press release are for informational purposes only. Legg Mason, Inc. and its affiliates do not engage in selling shares of the Fund.
For more information please call 1-888-777-0102 or consult the Funds’ website at www.lmcef.com.