LMP Capital and Income Fund Inc. Announces Change in Benchmark Index
03 March 2007 - 9:00AM
Business Wire
LMP Capital and Income Fund Inc. (NYSE: SCD) today announced that
the Fund�s Board of Directors has approved a change in the
benchmark indices for the Fund to include the Lehman Brothers U.S.
Aggregate Index in addition to the S&P 500 Index. This change
will become effective April 2, 2007. In the opinion of the
investment manager, the use of both the S&P 500 Index and the
Lehman Brothers U.S. Aggregate Index will provide more effective
benchmark indices for the Fund, which has the ability to allocate
assets to both equity and fixed income investments. The Fund�s
investment objective is total return with an emphasis on income.
Under normal market conditions, the Fund seeks to achieve its
investment objective by investing at least 80% of its assets in a
broad range of equity and fixed income securities of both U.S. and
foreign issuers. LMP Capital and Income Fund Inc., a
non-diversified closed-end investment management company traded on
the New York Stock Exchange under the symbol �SCD,� is advised by
Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of
Legg Mason, Inc. and is sub-advised by ClearBridge Advisors, LLC,
Western Asset Management Company and Western Asset Management Ltd.,
affiliates of the adviser. For more information on the Fund, please
call Investor Relations at 1-888-777-0102 or consult the Fund�s web
site at www.leggmason.com/InvestorServices.
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