LMP Capital and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor LLC It is comanaged by Clearbridge Investments LLC Western Asset Management Company Limited and Western Asset Management Company The fund invests in public equity and fixed income markets across the globe It seeks to invest in securities of companies operating across diversified sectors The fund primarily invests in stocks of largecap companies intermediate period corporate bonds and notes rated at least A energy and nonenergy master limited partnerships and real estate investment trusts It focuses on such factors as economic market or political conditions fiscal and monetary policy and security valuation to create its portfolio The fund benchmarks the performance of its portfolio against the US Aggregate Index and SP 500 Index It was formerly known as Salomon Brothers Capital and Income Fund Inc LMP Capital and Income Fund Inc was formed on November 12 2003 and is domiciled in the United States