LMP Capital and Income Fund

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions

Adams Diversified Equity Fund

Barings Global Short Duration High Yield Fund

Calamos Strategic Total Return Fund

Chevron

Enterprise Products Partners

General American Investors

abrdn Life Sciences Investors 

India Fund Inc

JPMorgan Chase & Co

New Linde PLC

Eli Lilly

Marathon Oil

Microsoft

Neuberger Berman MLP Income Fund, Inc.

NVIDIA

Adams Natural Resources Fund Inc

Columbia Seligman Premium Technology Growth Func Inc

XAI Octagon Floating Rate & Alternative Income Term Trust

Energy Select Sector SPDR Fund

Exxon Mobil

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 drawdowns 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 the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 8.5% Yield (November 2024)

The LMP Capital and Income Fund offers a high-income yield of 7.96%, along with a very strong performance history in recent years. The fund's strategy of favoring equities over fixed-income securities is advantageous in an inflationary environment, providing better protection and higher returns. The fund does not do very much trading, but it appears to have done some profit-taking in Apple over the summer.

SCD: An Excellent Choice For Investors Seeking Income Or Total Return

ArrowMark Financial

ConocoPhillips

EOG Resources

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

Liberty All Star Equity Fund

5 Best CEFs This Month For 9% Plus Yield (September 2024)

BlackRock Capital Allocation Trust

Blackstone Strategic Credit Fund

Blackstone Secured Lending Fund

Calamos Global Dynamic Income Fund

Golub Capital BDC

Hercules Capital

Kayne Anderson MLP Investment

Blue Owl Capital Corp

Solar Capital

24/7 Wall Street Insights The Federal Reserve's rate cut to calm market speculation may potentially re-fuel higher inflation and possibly trigger a recession.

Want $1,500 in Annual Passive Income? Invest $1,500 in Each Of These 10 Stocks

Virtus Artificial Intelligence & Technology Opportunities Fund

Alpine Global Premier Properties Fund

BlackRock Health Sciences Trust II

Calamos Convertible Opportunities And Income Fund

First Trust Senior Floating Rate Income Fund II

PGIM Global High Yield Fund

Guggenheim Active Allocation Fund

Voya Global Equity Dividend and Premium Opportunity Fund

Nuveen Core Equity Alpha Fund

Nuveen Credit Strategies Income Fund

Pimco High Income Fund

RiverNorth Opportunities Fund, Inc.

24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.

Need $15,000 Passive Income? Buy These Dividend Stocks

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.

SCD: Tech And MLP Leaning CEF Providing A Steady Monthly Distribution

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 3, 5, and 10 years. Having an outsized exposure to technology stocks and energy via MLPs at the same time gives it a unique blend of income and growth, at the same time.

SCD: Fund With 8.75% Reliable Income For The Long Term, But A Bit Expensive

Apple

Broadcom

Energy Transfer LP Unit

ONEOK

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 the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For Nearly 9% Yield (July 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.

SCD: Still A Good Fund, But The Buy Case Is Weakening (Rating Downgrade)

NEW YORK--(BUSINESS WIRE)--Effective June 3, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: ClearBridge Peter Vanderlee Patrick McElroy Tatiana Thibodeau Eades Western Asset Michael Buchanan Ryan Brist Christopher Kilpatrick Mark Lindbloom Also as of June 3, 2024, Chia-Liang (CL) Lian is no longer a portfolio manager of the Fund. Data and commentary provided in this press release are for informational purposes only. Franklin Resourc.

LMP Capital and Income Fund Inc. (NYSE: SCD) Announces Portfolio Management Team Update

AutoZone

BlackRock Enhanced Capital and Income Fund

Discover

Eaton Vance Enhanced Equity Income Fund II

Essent Group

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Barings Participation Investors

Steel Dynamics

U.S. Bancorp

Williams-Sonoma

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 the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For A 10% Yield (May 2024)

LMP Capital and Income Fund has delivered strong performance, outperforming the benchmark and peer group. The fund's portfolio is well-positioned to navigate the current macroeconomic environment, with a positive sector exposure. The fund's discount to NAV is near historical highs, making shares more vulnerable, but it is still worth keeping an eye on.

SCD: Interesting Equity Portfolio, A Fund To Keep In The Watchlist

Barings Corporate Investors

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns.

5 Best CEFs This Month For A 9% Yield (April 2024)

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

LMP Capital and Income Fund Inc. Announces Results of Annual Meeting of Stockholders

Morgan Stanley India Investment Fund Inc

Oxford Lane Capital

PIMCO Dynamic Income Strategy Fund

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns 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 the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 8.5% Yield (March 2024)

Ares Capital

Apollo Commercial Real Estate Finance

Barings BDC Inc

BlackRock Science and Technology Trust II

Doubleline Opportunistic Credit Fund

Delek Logistics Partners

Eaton Vance Floating-Rate Income Trust

MidCap Financial Investment Corp

Virtus AllianzGI Convertible & Income Fund II

PennantPark Investment

Chicago Atlantic Real Estate Finance

Western Asset Diversified Income Fund

Total Annual Passive Dividend Income  $10,898.00    ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.

Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks

LMP Capital and Income Fund Inc is a unique closed-end fund that invests in a combination of common stocks, fixed-income securities, and specialized business structures. The fund has a current yield of 9.44%, significantly higher than other equity closed-end funds on the market. The fund's performance has been reasonable, with a 3.61% gain since December 2023, but it has underperformed the S&P 500 Index.

SCD: A Very Diversified CEF That Is Fully Covering Its 9.44% Yield

NEW YORK--(BUSINESS WIRE)--Please replace the release issued on March 4th 2024 with the following corrected version due to multiple revisions.

CORRECTING and REPLACING LMP Capital and Income Fund Inc. (NYSE: SCD) Announces Portfolio Management Team Update

BlackRock Resources & Commodities Strategy Trust

Central Securities

Allspring Global Dividend Opportunity Fund

5 Best CEFs This Month For 9% Plus Yield (February 2024)

Brandywine Global Income Opportunities Fund Inc

Western Asset Emerging Markets Debt Fund

Franklin Templeton Fund Adviser, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of March, April and May 2024

5 Best CEFs This Month For 9% Yield (January 2024)

LMP Capital and Income Fund offers a high yield of 9.94% and exposure to common stocks, making it appealing to income-focused investors. The fund's performance has been reasonable, with a 5.98% return since the previous article was published. The fund's portfolio includes master limited partnerships and high-yielding dividend-paying stocks, providing diversification and potential for high income.

SCD: Add Diversification To Your Portfolio With This High-Yielding Fund At A Discount

BlackRock Enhanced Equity Dividend Trust

abrdn World Healthcare Fund 

5 Best CEFs This Month For 10% Yield (November 2023)

Virtus AllianzGI Diversified Income & Convertible Fund

Eagle Point Credit

Eaton Vance Tax-Advantaged Dividend Income Fund

John Hancock Premium Dividend Fund

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns 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, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 10% Yield (October 2023)

News for LMP Capital and Income Fund ETF (SCD)