LMP Capital and Income Fund offers a high yield and trades at a discount

seekingalpha.com

LMP Capital and Income Fund (SCD) offers a 9.34% yield, exceeding major indices, with a portfolio focused on high-dividend equities and limited bonds. The fund's holdings are primarily common stocks and convertible preferreds, aiming for inflation resilience and capital appreciation, outperforming over five years due to energy sector investments. SCD trades at an 8.92% NAV discount, slightly above its historical average, and recently increased its distribution while maintaining lower tech sector exposure.


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