LMP Real Estate Income:RIT

    Overview

    As of 9/22/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$11.16$12.89-13.42%
    52 Wk Avg$10.91$12.62-13.54%
    52 Wk High$11.89$13.74-11.32%
    52 Wk Low$9.69$11.36-15.50%
    Regular Distribution Type*Managed Distribution
    Distribution Rate6.46%
    Distribution Amount$0.0600
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income and capital appreciation through investment in income producing common, preferred and convertible preferred shares and debt securities issued by real estate companies

    Capital Structure

    As of 9/22/2014

    Total Net Assets:$184.474M
    Total Common Assets:$147.474M
    Common Shares Outstanding:11,441,022
    Leverage

    As of 6/30/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $37.000M
    Structural Leverage (USD): $37.000M
    Structural Leverage (%): 19.38%
    Effective Leverage (USD): $37.000M
    Effective Leverage (%): 19.38%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 12/31/2013

      Per Common Share
    Management Fees1.13%
    Other Expenses:0.17%
    Baseline Expense: 1.30%
    Interest Expense:0.24%
    Total: 1.54%

    Fund Management

    Fund Sponsor
    Legg Mason Partners Fund Advisors, LLC

    Portfolio Managers
    Matthew A. Troxell (31 Jul 2002)

    Basics
    Category:US Equity-Real Estate (US)
    Ticker:RIT
    NAV Ticker:XRITX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:7/31/2002
    Inception Share Price:$15.00
    Inception NAV:$14.30
    Tender Offer:No
    Term:No
    Fiscal Year End:December 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2014
    -$0.0058
    Annualized Distribution Rate on NAV:
    As of 9/22/2014
    5.59%
    Total Return on NAV (12 months):
    As of 9/22/2014
    12.50%
    Avg. UNII Per Share:
    As of 6/30/2014
    -$0.1872
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2014
    19.38%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/22/2014

    PeriodAvg Discount
    6 Month-13.67%
    1 Year-13.54%
    3 Year-10.16%
    5 Year-9.48%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/22/2014
    Category: Real Estate (US)

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD16.44%15.88%18.53%18.90%
    2013-2.40%0.97%-1.34%2.45%
    201226.89%20.84%27.33%24.14%
    2011-1.36%3.33%4.98%6.21%
    201035.93%32.46%46.18%30.76%
    200998.44%61.29%85.56%56.19%
    2008-58.99%-51.16%-69.05%-62.13%
    2007-25.63%-27.70%-25.68%-24.19%
    200631.52%32.63%46.37%33.72%
    200511.62%6.12%4.78%6.39%
    200412.82%23.97%17.04%27.84%
    200339.04%44.72%36.15%45.40%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/22/2014
    Category: Real Estate (US)

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2014
    59
    Annual Portfolio Turnover:
    As of 12/31/2013
    65.00%
    Asset Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    REITs - Diversified 76.00%
    Debt - Pref Shrs 22.59%
    Net Current Assets 1.41%
    Top Holdings

    As of 6/30/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Macerich Company$8.34M4.37%
    Starwood Property Trust Inc$7.30M3.82%
    Liberty Property Trust$6.68M3.50%
    Kilroy Realty Corporation$6.46M3.38%
    Entertainment Properties Trust$6.26M3.28%
    Simon Property Group Inc$5.25M2.75%
    Inland Real Estate Corporation$5.10M2.67%
    Hospitality Properties Trust$5.05M2.64%
    Regency Centers Corporation$4.93M2.58%
    HCP Inc$4.82M2.52%
    Senior Housing Properties Trust$4.62M2.42%
    Country Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

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