LMP Capital and Income Fund

LMP Capital and Income Fund Inc. is a non-diversified, closed-end management investment company designed to provide investors with a total return, emphasizing income generation. The fund seeks to achieve its objectives by investing at least 80% of its managed assets in a diversified mix of equity and fixed income securities issued by both U.S. and foreign entities, including master limited partnerships (MLPs), common stocks, and various debt instruments. Its flexible mandate allows portfolio allocation to shift in response to changing economic, market, and political conditions, as well as fiscal and monetary policies. Managed by Franklin Templeton Fund Adviser, LLC and sub-advised by ClearBridge Investments and Western Asset Management, the fund also employs leverage to enhance income opportunities. LMP Capital and Income Fund Inc. plays a significant role in the financial market by offering investors access to a broad-based, actively managed portfolio that aims to deliver competitive returns and income through multiple market cycles, and it may distribute returns from sources including net investment income, realized capital gains, and return of capital.