LMP Capital and Income Fund Inc. $SCD Holdings Decreased by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. cut its position in shares of LMP Capital and Income Fund Inc. (NYSE:SCD) by 67.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 557,857 shares of the real estate investment trust’s stock after selling 1,131,396 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in LMP Capital and Income Fund were worth $8,664,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Quarry LP lifted its holdings in LMP Capital and Income Fund by 117.5% in the third quarter. Quarry LP now owns 64,727 shares of the real estate investment trust’s stock worth $1,005,000 after acquiring an additional 34,961 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of LMP Capital and Income Fund during the third quarter valued at approximately $251,000. Landscape Capital Management L.L.C. acquired a new stake in shares of LMP Capital and Income Fund during the 3rd quarter worth approximately $1,421,000. Cornerstone Advisors LLC grew its position in shares of LMP Capital and Income Fund by 660.1% during the third quarter. Cornerstone Advisors LLC now owns 299,286 shares of the real estate investment trust’s stock worth $4,648,000 after acquiring an additional 259,910 shares during the last quarter. Finally, Truist Financial Corp acquired a new stake in shares of LMP Capital and Income Fund in the 3rd quarter worth about $224,000.

LMP Capital and Income Fund Trading Down 1.7%

Shares of NYSE:SCD opened at $15.07 on Thursday. The company’s 50-day moving average price is $15.60 and its 200 day moving average price is $15.25. LMP Capital and Income Fund Inc. has a fifty-two week low of $13.35 and a fifty-two week high of $16.89.

LMP Capital and Income Fund Announces Dividend

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

LMP Capital and Income Fund 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.