secwatch.observer — SEC 8-K summary
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Issuer:     LMP CAPITAL & INCOME FUND INC. (SCD)
CIK:        0001270131
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001193125-22-093317
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

LMP Capital and Income Fund Board approves leverage policy changes allowing up to 50% total net assets
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- Board approved borrowings up to approximately 33 1/3% of total net assets immediately after such borrowings.
- Fund may also issue preferred stock combined with borrowings up to approximately 50% of total net assets.
- Policy clarifies leverage limits under Investment Company Act; effective as of April 1, 2022.
- Changes apply to LMP Capital and Income Fund Inc. (NYSE: SCD).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270131/000119312522093317/0001193125-22-093317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270131/000119312522093317/d326783d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-093317

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