LMP Capital and Income:SCD

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$14.86$16.02-7.24%
    52 Wk Avg$11.63$13.30-12.63%
    52 Wk High$14.94$16.02-7.00%
    52 Wk Low$9.69$11.01-16.44%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.00%
    Distribution Amount$0.2600
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Under normal market conditions, the Fund will invest up to 25% of its total assets in energy master limited partnerships (MLPs). It may use leverage in an effort to maximize returns through such techniques as borrowing from certain financial institutions and the use of mortgage rolls and reverse repurchase agreements. It may invest a portion of its Managed Assets in fixed income securities rated below investment grade. It may invest up to 15% of its Managed Assets in illiquid securities. The investment approach is designed to offer the potential for total return performance similar to that of the S&P 500 Index over long term. The Fund usually will attempt to maintain a portfolio with a weighted average credit quality rated between Ba3 and A2 by Moodys or between BB- and A by S&P. The average portfolio duration of the fixed income securities will normally be within one and seven years, including the effect of leverage, based on the Investment Managers forecast for interest rates.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$343.093M
    Total Common Assets:$288.093M
    Common Shares Outstanding:17,983,330
    Leverage

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $55.000M
    Regulatory Leverage (USD): $55.000M
    Effective Leverage (USD): $55.000M
    Effective Leverage (%): 16.03%
    Annual Expense Ratios

    As of 11/30/2020

      Per Common Share
    Management Fees1.08%
    Other Expenses:0.17%
    Baseline Expense: N/A
    Interest Expense:0.40%
    Total: 1.65%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Peter Vanderlee, Tim Daubenspeck, Tatiana Thibodeau, Mark J. McAllister

    Basics
    Category: Hybrid-Global Allocation
    Ticker: SCD
    NAV Ticker: XSCDX
    Average Daily Volume (shares): 61,435
    Average Daily Volume (USD): $0.702M
    Inception Date: 2/24/2004
    Inception Share Price: $20.00
    Inception NAV: $19.02
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    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

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2020
    $0.2149
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    6.49%
    Total Return on NAV (12 months):
    As of 6/11/2021
    43.90%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    5.07%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    16.03%

    Pricing Information

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

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-11.98%
    1 Year-12.63%
    3 Year-10.50%
    5 Year-10.64%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month2.65
    6 Month2.44
    1 Year3.09
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF Global Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD23.39%17.48%21.67%12.80%
    2020-14.41%-6.17%-3.30%2.74%
    201959.11%38.71%32.69%22.80%
    2018-15.39%-10.43%-18.78%-12.01%
    201714.65%7.78%28.74%18.14%
    201618.27%13.03%8.69%9.54%
    2015-19.90%-16.01%-7.10%-4.69%
    201413.37%12.76%7.81%6.00%
    201326.19%33.39%21.98%22.48%
    201218.35%14.32%18.62%18.00%
    20116.45%4.84%-4.51%-3.46%
    201026.30%14.83%28.97%26.03%
    200942.20%29.52%62.84%38.80%
    2008-50.71%-44.43%  
    200711.05%7.41%  
    200619.04%14.88%  
    20055.28%8.90%  
    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 5/31/2021
    Category: Morningstar US CEF Global Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    5.07%
    Number of Holdings:
    As of 4/30/2021
    88
    Annual Portfolio Turnover:
    As of 11/30/2020
    52.00%
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)44.94%
    Cyclical (Super Sector)22.75%
    Energy19.13%
    Corporate (Super Sector)17.85%
    Technology16.59%
    Preferred Stock15.34%
    Financial Services13.95%
    Defensive (Super Sector)13.81%
    Industrials8.83%
    Utilities7.04%
    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A$14.41M4.45%
    Microsoft Corp$12.97M4.00%
    Enterprise Products Partners LP$12.48M3.85%
    Blackstone Group Inc$10.90M3.36%
    Energy Transfer LP$10.68M3.30%
    Apple Inc$10.11M3.12%
    Magellan Midstream Partners LP$9.46M2.92%
    Qualcomm Inc$8.26M2.55%
    2020 Cash Mandatory Exchangeable Trust 5.25%$7.22M2.23%
    Westlake Chemical Partners LP$6.58M2.03%
    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity76.09%
    United Kingdom - Equity2.01%
    China - Equity1.51%
    Switzerland - Equity0.69%
    Taiwan - Equity0.64%
    Netherlands - Equity0.57%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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