Press Releases
LMP Corporate Loan Fund Inc. As Of September 30, 2011
Stock quotes in this article:TLI
LMP Corporate Loan Fund Inc. (NYSE: TLI) announces its portfolio composition as of September 30, 2011.
Investment Objective: The Fund’s investment objective is to maximize current income consistent with prudent efforts to preserve capital.| Portfolio Composition*: | |||
| Asset Allocation | |||
| Collateralized Senior Loans | 88.9% | ||
| Corporate Bonds | 8.2% | ||
| Short-Term | 2.9% | ||
| Credit Quality Allocation (Moody’s) ** | |||
| Baa3 | 0.6% | ||
| Ba1 | 4.7% | ||
| Ba2 | 9.4% | ||
| Ba3 | 24.1% | ||
| B1 | 31.8% | ||
| B2 | 11.2% | ||
| B3 | 9.4% | ||
| Caa1 | 5.3% | ||
| Caa2 | 2.4% | ||
| NR | 1.1% | ||
| Top Ten Industries | |||
| Healthcare | 18.0% | ||
| Electronics/Electric | 10.8% | ||
| Broadcast Radio & Television | 9.9% | ||
| Diversified/Conglomerate Manufacturing | 8.1% | ||
| Diversified/Conglomerate Service | 8.1% | ||
| Leisure | 8.1% | ||
| Oil & Gas | 8.1% | ||
| Chemicals & Plastics | 7.2% | ||
| Retailers (ex Food & Drug) | 7.2% | ||
| Finance | 7.2% | ||
| Average to next reset | 49 days | ||
| Portfolio Statistics: | |||
| Inception Date | November 20, 1998 | ||
| Inception Price | $15.00 | ||
| Total Assets*** | $185,148,921 | ||
| Net Assets | $116,257,309 | ||
| Loans**** | 16.78% | ||
| Preferred Shares**** | 19.26% | ||
| Reverse Repos**** | 0.00% | ||
| Market Price | $10.69 | ||
| NAV | $11.72 | ||
| (Daily NAV is available on market quotation systems using the symbol XTLIX.) | |||
| Distribution Rate | $0.0595 per share | ||
| Frequency | Monthly (Declared monthly, paid monthly) | ||
| * | Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time. | |
| ** | Credit quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by Moody's Investors Service and typically range from Aaa (highest) to C (lowest). The credit quality of the investments in the Fund's portfolio does not apply to the stability or safety of the Fund. These ratings are updated monthly and may change over time. Please note, the Fund itself has not been rated by an independent rating agency. | |
| *** | The difference between total assets and net assets, if any, is due primarily to the Fund’s use of borrowings; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund’s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded. | |
| **** | Percentages based on total assets. |
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