August 27, 2014 11:14 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 Real Estate Income Fund Inc. Estimates Distributions for the Month of October, November and December 2014, Payable on October 31, November 28 and December 26, 2014, Respectively

LMP Real Estate Income Fund Inc. estimated monthly distribution of $0.0600 per common share for October, November and December 2014, payable on October 31, November 28 and December 26, 2014 respectively. Record dates are October 24, November 21 and December 19, 2014. Ex-dividend dates are October 22, November 19 and December 17, 2014, respectively.

LMP Real Estate Income Fund Inc. Reports Unaudited Earnings Results for the Quarter Ended March 31, 2014

LMP Real Estate Income Fund Inc. reported unaudited earnings results for the quarter ended March 31, 2014. For the quarter, NAV per share of common stock was $12.60 against $13.61 a year ago. Total net investment income was $2,862,515 or $0.25 per share against $1,358,451 or $0.12 per share a year ago. Total net realized/unrealized gain was $10,665,292 or $0.93 per share against total net realized/unrealized gain of $17,281,894 or $1.51 per share a year ago. Net increase in net assets from operations was $13,527,807 or $1.18 per share against net increase in net assets from operations $13,527,807 or $1.63 per share a year ago.

LMP Real Estate Income Fund Inc. Announces Directorate Changes

LMP Real Estate Income Fund Inc. announced the retirement of Jeswald W. Salacuse as Director of the Fund, effective June 30, 2014. Mr. Salacuse has served the Fund for twenty-two years, including as Lead Independent Director. In addition, the Board of the Fund has appointed William R. Hutchinson as Lead Independent Director, effective May 28, 2014.

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