This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs