International Assets Investment Management LLC Has $2.60 Million Stock Holdings in LMP Capital and Income Fund Inc. (NYSE:SCD)

International Assets Investment Management LLC lifted its holdings in LMP Capital and Income Fund Inc. (NYSE:SCD) by 1,301.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 185,296 shares of the real estate investment trust’s stock after acquiring an additional 172,070 shares during the quarter. International Assets Investment Management LLC’s holdings in LMP Capital and Income Fund were worth $2,596,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Almitas Capital LLC acquired a new stake in LMP Capital and Income Fund during the fourth quarter valued at $67,000. UBS Group AG boosted its position in LMP Capital and Income Fund by 17.8% during the first quarter. UBS Group AG now owns 6,609 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 1,001 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in LMP Capital and Income Fund during the fourth quarter valued at $157,000. Walleye Capital LLC acquired a new stake in LMP Capital and Income Fund during the first quarter valued at $158,000. Finally, Bank of America Corp DE boosted its position in LMP Capital and Income Fund by 4.5% during the fourth quarter. Bank of America Corp DE now owns 20,589 shares of the real estate investment trust’s stock valued at $248,000 after purchasing an additional 895 shares during the last quarter.

LMP Capital and Income Fund Price Performance

SCD opened at $14.42 on Friday. LMP Capital and Income Fund Inc. has a 1 year low of $11.33 and a 1 year high of $15.90. The stock has a fifty day moving average price of $14.67 and a 200 day moving average price of $13.62.

LMP Capital and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 23rd will be given a dividend of $0.113 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $1.36 dividend on an annualized basis and a yield of 9.40%.

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.