LMP Real Estate Income Fund Inc. Announces Financial Position As Of March 31, 2011
LMP Real Estate Income Fund Inc. (NYSE: RIT) today announced the financial position of the Fund as of March 31, 2011.
| Current Q | Previous Q | Prior Yr Q | ||||||||||
| March 31, 2011 | December 31, 2010 | March 31, 2010 | ||||||||||
| Total Assets (a) | $ | 174,396,828 | $ | 172,500,629 | $ | 147,881,631 | ||||||
| Total Net Assets (a) | $ | 129,118,910 | $ | 126,516,301 | $ | 111,486,191 | ||||||
| NAV Per Share of Common Stock (b) | $ | 11.30 | $ | 11.07 | $ | 9.75 | ||||||
| Market Price Per Share | $ | 10.38 | $ | 10.10 | $ | 9.03 | ||||||
| Premium / (Discount) | -8.14 | % | -8.76 | % | -7.38 | % | ||||||
| Outstanding Shares | 11,431,201 | 11,431,201 | 11,431,201 | |||||||||
| Total Net Investment Income (c) | $ | 1,292,582 | $ | 250,003 | $ | 1,258,702 | ||||||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 3,367,643 | $ | 7,852,369 | $ | 9,600,004 | ||||||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ | 4,660,225 | $ | 8,102,372 | $ | 10,858,706 | ||||||
| Earnings per Common Share Outstanding | ||||||||||||
| Total Net Investment Income (c) | $ | 0.11 | $ | 0.02 | $ | 0.11 | ||||||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 0.29 | $ | 0.69 | $ | 0.84 | ||||||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ | 0.40 | $ | 0.71 | $ | 0.95 | ||||||
| Undistributed/(Overdistributed) Net Investment Income (d) | $ | (132,129 | ) | $ | 632,905 | $ | (280,473 | ) | ||||
| Undistributed/(Overdistributed) Net Investment Income | ||||||||||||
| Per Share (d) | $ | (0.01 | ) | $ | 0.06 | $ | (0.02 | ) | ||||
| Loan Outstanding (d) | $ | 45,000,000 | $ | 45,000,000 | $ | 36,000,000 | ||||||
| Footnotes: | ||
| (a) | The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings, which are included in total assets; total net assets do not include borrowings. | |
| (b) | NAVs are calculated as of the close of business on the last business day in the periods indicated above. | |
| (c) | For the quarter indicated. | |
| (d) | As of the date indicated above. | |
This financial data is unaudited.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
