{"id":952487,"date":"2026-04-17T08:05:59","date_gmt":"2026-04-17T12:05:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\/"},"modified":"2026-04-17T08:05:59","modified_gmt":"2026-04-17T12:05:59","slug":"lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\/","title":{"rendered":"LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEffective May 1, 2026, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:<\/p>\n<ul class=\"bwlistdisc\">\n<li><span class=\"bwuline\">ClearBridge<\/span>\n<ul class=\"bwlistcircle\">\n<li>\nPeter Vanderlee<\/p>\n<\/li>\n<li>\nPatrick McElroy<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li><span class=\"bwuline\">Western Asset<\/span>\n<ul class=\"bwlistcircle\">\n<li>\nMichael Buchanan<\/p>\n<\/li>\n<li>\nRyan Brist<\/p>\n<\/li>\n<li>\nChristopher Kilpatrick<\/p>\n<\/li>\n<li>\nMark Lindbloom<\/p>\n<\/li>\n<li>\nWalter Kilcullen<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>\nEffective September 30, 2026, Christopher Kilpatrick will no longer be a member of the portfolio management team of the Fund.<\/p>\n<p>\nData and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund.<\/p>\n<p>\nFor more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.franklintempleton.com%2Finvestments%2Foptions%2Fclosed-end-funds&amp;esheet=54516767&amp;newsitemid=20260417335693&amp;lan=en-US&amp;anchor=www.franklintempleton.com%2Finvestments%2Foptions%2Fclosed-end-funds&amp;index=1&amp;md5=099574c78ede8f0522beb64a0e1f4b5c\">www.franklintempleton.com\/investments\/options\/closed-end-funds<\/a>. The information contained on the Fund\u2019s website is not part of this press release. Hard copies of the Fund\u2019s complete audited financial statements are available free of charge upon request.<\/p>\n<p>\nThe Fund\u2019s shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor\u2019s risk of loss. All investments are subject to risk, including the risk of loss.<\/p>\n<p><b>About Western Asset<\/b><\/p>\n<p>\nWestern Asset is a leading global fixed-income manager with more than 50 years of experience and $228.9 billion in assets under management as of March 31, 2026. As an active manager, the firm pursues long-term, value-oriented strategies, integrating top-down macro views with bottom-up fundamental research across fixed-income sectors. With investment teams in seven major markets, Western Asset combines global perspective with local expertise. Its collaborative, team-based approach is supported by proprietary research and disciplined risk management, with a focus on consistent outcomes for clients. Western Asset is an investment group of Franklin Templeton, benefiting from the firm\u2019s global resources, distribution capabilities, and multi-asset platform. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furl.us.m.mimecastprotect.com%2Fs%2FJoVfCqx92xiLpX5kZsZfvTEzb6x%3Fdomain%3Dwesternasset.com&amp;esheet=54516767&amp;newsitemid=20260417335693&amp;lan=en-US&amp;anchor=www.westernasset.com&amp;index=2&amp;md5=bbaf7816a203da755af264413306e663\">www.westernasset.com<\/a>.<\/p>\n<p><b>About Franklin Templeton<\/b><\/p>\n<p>\nFranklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients\u2019 strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation \u2013 providing the tools and resources to navigate change and capture opportunity. With more than $1.68 trillion in assets under management as of March 31, 2026, Franklin Templeton operates globally in more than 35 countries.<\/p>\n<p>\nCategory: Fund Announcement<\/p>\n<p>\nSource: Franklin Resources, Inc.<\/p>\n<p>\nSource: Legg Mason Closed End Funds<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260417335693r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260417335693\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260417335693\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Contact: Fund Investor Services 1-888-777-0102<\/p>\n<p>\nMedia Contact: Jeaneen Terrio<br \/>\n<br \/>+1 (212) 632-4005<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jeaneen.Terrio@franklintempleton.com\">Jeaneen.Terrio@franklintempleton.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update NEW YORK&#8211;(BUSINESS WIRE)&#8211; Effective May 1, 2026, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: ClearBridge Peter Vanderlee Patrick McElroy Western Asset Michael Buchanan Ryan Brist Christopher Kilpatrick Mark Lindbloom Walter Kilcullen Effective September 30, 2026, Christopher Kilpatrick will no longer be a member of the portfolio management team of the Fund. Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund. For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund\u2019s website &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952487","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update NEW YORK&#8211;(BUSINESS WIRE)&#8211; Effective May 1, 2026, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: ClearBridge Peter Vanderlee Patrick McElroy Western Asset Michael Buchanan Ryan Brist Christopher Kilpatrick Mark Lindbloom Walter Kilcullen Effective September 30, 2026, Christopher Kilpatrick will no longer be a member of the portfolio management team of the Fund. Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund. For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund\u2019s website &hellip; Continue reading &quot;LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-17T12:05:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260417335693r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update\",\"datePublished\":\"2026-04-17T12:05:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\\\/\"},\"wordCount\":497,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260417335693r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lmp-capital-and-income-fund-inc-nyse-scd-the-fund-announces-portfolio-management-team-update-2\\\/\",\"name\":\"LMP Capital and Income Fund Inc (NYSE: SCD) (the \u201cFund\u201d) Announces Portfolio Management Team Update - 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Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund. 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