Legg Mason Partners Capital & Income Fund Inc. (SCD)
Frequently Asked Questions About Legg Mason Partners Capital & Income Fund Inc. (SCD)
Can investors reinvest their distributions from Legg Mason Partners Capital & Income Fund Inc.?
Yes, investors in Legg Mason Partners Capital & Income Fund Inc. have the option to reinvest their distributions through a Dividend Reinvestment Plan (DRIP). This plan allows shareholders to automatically reinvest dividends to purchase additional shares of the fund, potentially compounding returns over time without incurring transaction fees.
How can investors purchase shares of Legg Mason Partners Capital & Income Fund Inc.?
Investors can purchase shares of Legg Mason Partners Capital & Income Fund Inc. through brokerage accounts, just like they would other publicly traded stocks. Shares can be bought or sold on the New York Stock Exchange under the ticker symbol SCD during trading hours, allowing for straightforward access to the fund.
How does Legg Mason Partners Capital & Income Fund Inc. determine its asset allocation?
Legg Mason Partners Capital & Income Fund Inc. determines its asset allocation through a disciplined investment process that involves thorough research and credit analysis. The management team evaluates various investment opportunities within the income-generating securities market, adjusting the portfolio's asset allocation based on market conditions and the outlook for various sectors to optimize income and manage risk.
How is Legg Mason Partners Capital & Income Fund Inc. regulated?
Legg Mason Partners Capital & Income Fund Inc. is regulated by the U.S. Securities and Exchange Commission (SEC) as a registered investment company. This regulatory framework ensures that the fund adheres to strict guidelines regarding disclosures, financial reporting, and investment practices, providing a level of protection for investors.
How often does Legg Mason Partners Capital & Income Fund Inc. report its performance?
Legg Mason Partners Capital & Income Fund Inc. regularly reports its performance through quarterly and annual reports, which include updates on the fund's NAV, performance metrics, portfolio composition, and distribution activity. These reports provide transparency to investors and help them assess the fund's progress towards achieving its income objectives.
Is Legg Mason Partners Capital & Income Fund Inc. publicly traded?
Yes, Legg Mason Partners Capital & Income Fund Inc. is publicly traded on the New York Stock Exchange under the ticker symbol SCD. Being publicly traded allows investors to buy and sell shares of the fund on the stock market, enabling greater liquidity and accessibility.
What are closed-end funds like Legg Mason Partners Capital & Income Fund Inc.?
Closed-end funds, such as Legg Mason Partners Capital & Income Fund Inc., are investment companies that raise capital through an initial public offering (IPO) and then trade on stock exchanges like individual stocks. Unlike open-end funds, closed-end funds do not continually issue shares and are managed based on a fixed number of shares outstanding, which can lead to share prices that differ from their net asset value (NAV).
What are the distribution policies of Legg Mason Partners Capital & Income Fund Inc.?
Legg Mason Partners Capital & Income Fund Inc. typically distributes income to its shareholders on a regular basis, often monthly or quarterly. The fund aims to provide a consistent flow of income through these distributions, which may comprise dividends generated from its investment portfolio. However, investors should remain aware that distributions are not guaranteed and can be affected by market conditions and the fund's performance.
What are the key benefits of investing in Legg Mason Partners Capital & Income Fund Inc.?
Some key benefits of investing in Legg Mason Partners Capital & Income Fund Inc. include access to professional management from experienced investment experts, diversification across a wide array of income-generating securities, and the potential for high current income. Additionally, the fund's closed-end structure can provide attractive opportunities during periods of market volatility.
What are the risks associated with investing in Legg Mason Partners Capital & Income Fund Inc.?
Investing in Legg Mason Partners Capital & Income Fund Inc. carries various risks, including interest rate risk, credit risk, and market risk. As interest rates rise, the value of fixed-income securities may decline. Additionally, credit risk is related to the issuer's ability to meet its obligations, and market risk pertains to overall market fluctuations that can affect the fund's performance.
What does Legg Mason Partners Capital & Income Fund Inc. do?
Legg Mason Partners Capital & Income Fund Inc. is a closed-end management investment company that primarily seeks to provide its shareholders with high current income. The fund invests a significant portion of its assets in income-generating securities, including a mix of corporate bonds, convertible securities, and dividend-paying equities, with a focus on generating consistent income while maintaining reasonable risk levels.
What factors can influence the share price of Legg Mason Partners Capital & Income Fund Inc.?
The share price of Legg Mason Partners Capital & Income Fund Inc. can be influenced by several factors, including changes in interest rates, overall market conditions, the performance of the fund's underlying securities, and investor sentiment towards income-generating investments. As a closed-end fund, its share price may also diverge from its net asset value based on supply and demand dynamics in the market.
What is the current yield of Legg Mason Partners Capital & Income Fund Inc.?
The current yield of Legg Mason Partners Capital & Income Fund Inc. is a measure of the fund's annual income (dividends) relative to its share price. Investors can check the latest yield on financial news websites or through brokerage platforms, as it can fluctuate based on share price changes and distribution adjustments. This yield is an essential indicator for income-focused investors considering an investment in the fund.
What is the expense ratio of Legg Mason Partners Capital & Income Fund Inc.?
The expense ratio of Legg Mason Partners Capital & Income Fund Inc. reflects the total costs associated with operating the fund, including management fees and other operational expenses. It's important for investors to consider the expense ratio as it can impact net returns over time. As of the last reporting, the expense ratio is competitively structured to provide a favorable balance between cost and management quality.
What is the investment objective of Legg Mason Partners Capital & Income Fund Inc.?
The primary investment objective of Legg Mason Partners Capital & Income Fund Inc. is to provide a high level of current income. The fund aims to achieve this objective by investing in a diversified portfolio of income-generating securities while maintaining an emphasis on capital preservation to withstand market volatility.
What should investors consider before investing in Legg Mason Partners Capital & Income Fund Inc.?
Before investing in Legg Mason Partners Capital & Income Fund Inc., investors should carefully assess their financial goals, risk tolerance, and investment horizon. It's important to understand the fund's objectives, distribution policies, expense ratios, and the specific risks inherent in the types of securities it holds, as well as the potential impact of market fluctuations on overall performance.
What types of securities does Legg Mason Partners Capital & Income Fund Inc. invest in?
Legg Mason Partners Capital & Income Fund Inc. invests mainly in a diverse range of income-producing securities, including U.S. and foreign corporate bonds, preferred stocks, convertible securities, and dividend-paying common stocks. The fund's strategy is to balance risk and return by carefully selecting securities that can generate stable income in a variety of market conditions.
When was Legg Mason Partners Capital & Income Fund Inc. established?
Legg Mason Partners Capital & Income Fund Inc. was established in 2002. Since its inception, the fund has been dedicated to enhancing investor portfolios by providing high income potential through a diversified investment strategy, navigating various market conditions to deliver consistent returns.
Who manages Legg Mason Partners Capital & Income Fund Inc.?
The fund is managed by a team of experienced investment professionals at Western Asset Management Company, a subsidiary of Legg Mason. This team utilizes a disciplined investment approach that emphasizes credit analysis, thorough research, and risk management to optimize the fund's performance in line with its income-focused objective.
What is the current price of Legg Mason Partners Capital & Income Fund Inc.?
The current price of Legg Mason Partners Capital & Income Fund Inc. is 16.08
When was Legg Mason Partners Capital & Income Fund Inc. last traded?
The last trade of Legg Mason Partners Capital & Income Fund Inc. was at 7:00 pm EDT on April 2nd, 2025