Positive
Seeking Alpha
1 month ago
SCD: An Excellent Hybrid Fund For Income Investors, 9% Plus Yield
LMP Capital and Income Fund Inc. is a multi-sector hybrid fund that invests in a fairly diversified portfolio of common stocks, equity REITs, midstream MLPs, and fixed income securities. Recent 3- and 5-year performance has been strong, matching or exceeding the S&P 500, though long-term returns lag the index slightly. The SCD fund is fairly valued at this time with an attractive yield and a discount.