LMP Capital and Income Fund Inc. (NYSE:SCD) Stake Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in shares of LMP Capital and Income Fund Inc. (NYSE:SCD) by 1,659.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,645 shares of the real estate investment trust’s stock after acquiring an additional 219,419 shares during the period. International Assets Investment Management LLC’s holdings in LMP Capital and Income Fund were worth $4,092,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. increased its stake in LMP Capital and Income Fund by 10.9% in the 1st quarter. Advisors Asset Management Inc. now owns 633,763 shares of the real estate investment trust’s stock worth $9,912,000 after purchasing an additional 62,529 shares in the last quarter. Aristides Capital LLC acquired a new stake in shares of LMP Capital and Income Fund during the 1st quarter valued at about $3,815,000. Raymond James & Associates grew its position in LMP Capital and Income Fund by 0.5% in the second quarter. Raymond James & Associates now owns 902,108 shares of the real estate investment trust’s stock valued at $13,965,000 after acquiring an additional 4,460 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of LMP Capital and Income Fund by 6.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 916,130 shares of the real estate investment trust’s stock worth $14,182,000 after acquiring an additional 53,523 shares in the last quarter. Finally, Atomi Financial Group Inc. acquired a new stake in shares of LMP Capital and Income Fund in the second quarter valued at approximately $367,000.

LMP Capital and Income Fund Price Performance

SCD stock opened at $16.76 on Friday. LMP Capital and Income Fund Inc. has a twelve month low of $11.93 and a twelve month high of $17.96. The business’s fifty day moving average is $17.03 and its 200-day moving average is $15.95.

LMP Capital and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be issued a dividend of $0.113 per share. The ex-dividend date is Thursday, November 21st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 8.09%.

LMP Capital and Income Fund Profile

LMP Capital and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe.