LMP Capital and Income Fund Inc. (NYSE: SCD) (the “Fund”) Announces Portfolio Management Team Update
ClearBridge Investments, LLC (“ClearBridge”) manages the Fund’s equity investments and oversees the Fund’s allocation between equity and fixed income securities. Western Asset Management Company, LLC (“Western Asset”) manages the fixed income portion of the Fund.
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
The Board of each Fund announced the retirements of Daniel J. Cronin and Paolo M. Cucchi as Directors, and the number of Directors constituting the entire Board of the Funds will be decreased from ten to eight, effective December 31, 2024.
Franklin Templeton Fund Adviser, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of December 2024, January and February 2025
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of December 2024, January and February 2025.
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Appointment of New Chair and Directors
The Board of each Fund announced today the elevation of independent Director Eileen A. Kamerick to Chair of Board, effective November 15, 2024. Ms. Kamerick replaces Jane Trust, the former Chair of the Board of the Funds. Ms. Trust will continue to serve as an interested Director of the Funds. The Boards also announced the appointments of Anthony Grillo, Peter Mason and Hillary Sale as Directors of the Funds, effective November 15, 2024.
Franklin Templeton Fund Adviser, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of September, October and November 2024
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of September, October and November 2024.
LMP Capital and Income Fund Inc. (NYSE: SCD) Announces Portfolio Management Team Update
Effective June 3, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
LMP Capital and Income Fund Inc. Announces Results of Annual Meeting of Stockholders
LMP Capital and Income Fund Inc. (the “Fund”) (
NYSESCD) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024.
CORRECTING and REPLACING LMP Capital and Income Fund Inc. (NYSE: SCD) Announces Portfolio Management Team Update
Please replace the release issued on March 4th 2024 with the following corrected version due to multiple revisions.
Franklin Templeton Fund Adviser, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of March, April and May 2024
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of March, April and May 2024.
ClearBridge MLP and Midstream Fund Inc., ClearBridge Energy Midstream Opportunity Fund Inc. and ClearBridge MLP and Midstream Fund Total Return Inc. Announce Plans for Tender Offers
ClearBridge MLP and Midstream Fund Inc. (
NYSECEM), ClearBridge Energy Midstream Opportunity Fund Inc.
NYSE: EMONYSEEMO)
(NYSE: CTRNYSECTR
and LMP Capital and Income Fund Inc. (NYSE: SCDNYSE
) (individually, a “Fund” and collectively, the “Funds”) announced today that the Funds have entered into an agreement with Saba Capital Management, L.P. (“Saba”) and certain associated parties (the “Settlement Agreement”). The Settlement Agreement has been approved by each Fund’s Board. During the effective period of the Settlement Agreement, Saba has agreed to (1) be bound by the terms of the Settlement Agreement, including certain standstill covenants, and (2) vote its Shares (as defined below) on all proposals submitted to shareholders in accordance with the recommendation of each Fund’s Board of Directors. The Funds have been advised that Saba will file a copy of the Settlement Agreement with the U.S. Securities and Exchange Commission (“SEC”) as an exhibit to its Schedule 13D.
Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of December 2023, January and February 2024
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of December 2023, January and February 2024.
