LMP Capital and Income Fund Inc., which is traded on the New York Stock Exchange under the symbol "SCD," announced today that the Board of Directors of the Fund has appointed Western Asset Management Company Limited (�Western Asset Limited�) as a sub-adviser to the Fund under an additional sub-advisory agreement between Western Asset Management Company (�Western Asset�) and Western Asset Limited. Western Asset Limited will provide certain advisory services to the Fund relating to currency transactions and investments in non-dollar-denominated securities. The current management fee of 0.85% will remain the same; it will not increase due to the addition of Western Asset Limited as a sub-adviser to the Fund, which will become effective on November 30, 2006. LMP Capital and Income Fund Inc. is a non-diversified investment management company advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised by ClearBridge Advisors, LLC and Western Asset Management Company, affiliates of the adviser. For more information, call 1-888-777-0102, or log on to the Fund's website at www.leggmason.com/InvestorServices. LMP Capital and Income Fund Inc., which is traded on the New York Stock Exchange under the symbol "SCD," announced today that the Board of Directors of the Fund has appointed Western Asset Management Company Limited ("Western Asset Limited") as a sub-adviser to the Fund under an additional sub-advisory agreement between Western Asset Management Company ("Western Asset") and Western Asset Limited. Western Asset Limited will provide certain advisory services to the Fund relating to currency transactions and investments in non-dollar-denominated securities. The current management fee of 0.85% will remain the same; it will not increase due to the addition of Western Asset Limited as a sub-adviser to the Fund, which will become effective on November 30, 2006. LMP Capital and Income Fund Inc. is a non-diversified investment management company advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised by ClearBridge Advisors, LLC and Western Asset Management Company, affiliates of the adviser. For more information, call 1-888-777-0102, or log on to the Fund's website at www.leggmason.com/InvestorServices.
LMP Capital and Income (NYSE:SCD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more LMP Capital and Income Charts.
LMP Capital and Income (NYSE:SCD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more LMP Capital and Income Charts.