AICA – Excellence Beyond Indexing

LMP Cap & Incm Fd

The Fund announced today that its Board of Directors has approved the issuance of up to $45,000,000 of fixed-rate Mandatory Redeemable Preferred Stock (“MRPS”) by private placement. The MRPS issuance is expected to be priced in the fourth quarter of 2026. Net proceeds from the offering will be used to repay a portion of the Fund’s existing leverage and make new portfolio investments. As of 2026-10-19, the Fund’s leverage was 21.0% and Hybrid / Balanced Funds Group leverage was 19.7%.

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