January 26, 2015 3:36 AM ET

Capital Markets

Company Overview of LMP Real Estate Income Fund Inc.

Company Overview

LMP Real Estate Income Fund Inc. is a close ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Clearbridge Advisors, LLC. It invests in the public equity and fixed income markets of the United States. It seeks to invest in income-producing common shares, preferred shares, convertible preferred shares and debt securities operating in real estate sector, including the real estate investment trust. The fund invests in value stocks. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI U.S. REIT Index. The fund was formerly kn...

620 Eighth Avenue

49th Floor

New York, NY 10018

United States

Founded in 2002

Key Executives for LMP Real Estate Income Fund Inc.

Chairman
Age: 56
Manager
Age: 59
Principal Financial Officer
Age: 44
Treasurer
Age: 47
Chief Legal Officer and Secretary
Age: 60
Compensation as of Fiscal Year 2014.

LMP Real Estate Income Fund Inc. Key Developments

LMP Corporate Loan Fund Inc., LMP Real Estate Income Fund Inc., Permal Hedge Strategies Fund I, Permal Hedge Strategies Fund II, Permal Hedge Strategies Portfolio, and Western Asset Emerging Markets Debt Fund Inc. Appoint Robert D. Agdern as Member of the Board of Directors Nominating Committee and Audit Committee

LMP Corporate Loan Fund Inc., LMP Real Estate Income Fund Inc., Permal Hedge Strategies Fund I, Permal Hedge Strategies Fund II, Permal Hedge Strategies Portfolio, and Western Asset Emerging Markets Debt Fund Inc. announced that, effective January 1, 2015, the Board of Directors of each Fund has appointed Robert D. Agdern as a member of the Board of Directors. In addition, Mr. Agdern has been appointed to each Fund’s Nominating Committee and Audit Committee. Since 2002, Mr. Agdern has served a Member of the Advisory Committee of the Dispute Resolution Research Center at the Kellogg Graduate School of Business, Northwestern University.

LMP Real Estate Income Fund Inc. Announces Unaudited Earnings Results for the Quarter Ended September 30, 2014

LMP Real Estate Income Fund Inc. announced unaudited earnings results for the quarter ended September 30, 2014. For the quarter, the company reported total net investment income of $2,985,719 or $0.26 per share against $1,469,450 or $0.13 per share a year ago. NAV per share of common stock was $12.75 against $11.98 a year ago. Net decrease in net assets from operations was $5,880,516 or $0.52 per share against $6,053,749 or $0.53 per share a year ago. Net investment loss was $1,216,010 or $0.11 per share against $3,459,011 or $0.30 per share a year ago.

LMP Real Estate Income Fund Inc. Declares Dividend for January 2015, February 2015, March 2015, Payable on January 30, 2015, February 27, 2015 and March 27, 2015 Respectively

LMP Real Estate Income Fund Inc. declared dividend of $0.06000 per share for January 2015. The dividend is payable on January 30, 2015 with the record date of January 23, 2015 and the ex-date is January 21, 2015. The company also declared dividend of $0.06000 per share for February 2015. The dividend is payable on February 27, 2015 with the record date of February 20, 2015 and the ex-date is February 18, 2015. The company also declared dividend of $0.06000 per share for March 2015. The dividend is payable on March 27, 2015 with the record date of March 20, 2015 and the ex-date is March 18, 2015.

Similar Private Companies By Industry

Company Name Region
Preferred Equities Co., Inc. United States
ABG Sundal Collier, Inc. United States
InvestSearch, LLC United States
Renaissance Capital Group, Inc. United States
GEM Financial Advisors, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LMP Real Estate Income Fund Inc., please visit individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=35. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.