Calamos Advisors LLC Takes $540,000 Position in LMP Capital and Income Fund Inc. $SCD

Calamos Advisors LLC acquired a new stake in shares of LMP Capital and Income Fund Inc. (NYSE:SCD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,474 shares of the real estate investment trust’s stock, valued at approximately $540,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Shaker Financial Services LLC raised its stake in shares of LMP Capital and Income Fund by 341.1% during the fourth quarter. Shaker Financial Services LLC now owns 83,807 shares of the real estate investment trust’s stock valued at $1,241,000 after acquiring an additional 64,807 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of LMP Capital and Income Fund during the fourth quarter valued at about $970,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of LMP Capital and Income Fund by 48.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 202,691 shares of the real estate investment trust’s stock valued at $3,075,000 after acquiring an additional 66,224 shares during the last quarter. Quarry LP raised its stake in shares of LMP Capital and Income Fund by 117.5% during the third quarter. Quarry LP now owns 64,727 shares of the real estate investment trust’s stock valued at $1,005,000 after acquiring an additional 34,961 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of LMP Capital and Income Fund during the third quarter valued at about $251,000.

LMP Capital and Income Fund Stock Down 0.7%

Shares of NYSE:SCD opened at $14.97 on Tuesday. The company has a 50-day moving average price of $15.31 and a 200-day moving average price of $15.14. LMP Capital and Income Fund Inc. has a 12 month low of $13.79 and a 12 month high of $16.89.

LMP Capital and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date of this dividend is Thursday, May 21st.

LMP Capital and Income Fund Company Profile

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.