LMP Real Estate Income Fund Inc. Announces Financial Position As Of March 31, 2012
LMP Real Estate Income Fund Inc. (NYSE:RIT) announced today the financial position of the Fund as of March 31, 2012.
| Current Q | Previous Q | Prior Yr Q | |||||||||||
| March 31, 2012 | December 31, 2011 | March 31, 2011 | |||||||||||
| Total Assets (a) | $ | 173,200,156 | $ | 159,654,488 | $ | 174,396,828 | |||||||
| Total Net Assets (a) | $ | 132,075,869 | $ | 122,340,559 | $ | 129,118,910 | |||||||
| NAV Per Share of Common Stock (b) | $ | 11.55 | $ | 10.70 | $ | 11.30 | |||||||
| Market Price Per Share | $ | 10.26 | $ | 9.25 | $ | 10.38 | |||||||
| Premium / (Discount) | (11.17)% | (13.55)% | (8.14)% | ||||||||||
| Outstanding Shares | 11,431,201 | 11,431,201 | 11,431,201 | ||||||||||
| Total Net Investment Income (c) | $ | 1,334,197 | $ | 1,490,319 | $ | 1,292,582 | |||||||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 10,458,729 | $ | 9,731,804 | $ | 3,367,643 | |||||||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ | 11,792,926 | $ | 11,222,123 | $ | 4,660,225 | |||||||
| Earnings per Common Share Outstanding | |||||||||||||
| Total Net Investment Income (c) | $ | 0.12 | $ | 0.13 | $ | 0.11 | |||||||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 0.91 | $ | 0.85 | $ | 0.29 | |||||||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ | 1.03 | $ | 0.98 | $ | 0.40 | |||||||
| Undistributed/(Overdistributed) Net Investment Income (d) | $ | (307,427) | $ | 415,992 | $ | (132,129) | |||||||
| Undistributed/(Overdistributed) Net Investment Income | |||||||||||||
| Per Share (d) | $ | (0.03) | $ | 0.04 | $ | (0.01) | |||||||
| Loan Outstanding (d) | $ | 37,000,000 | $ | 37,000,000 | $ | 45,000,000 | |||||||
| 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.
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