LMP Capital & Income Fund Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by LMP Capital & Income Fund Inc. (the "Fund") on April 2, 2020, covering events occurring on April 1, 2020. The Fund is incorporated in Maryland and its common stock trades on the New York Stock Exchange under the symbol "SCD".
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding corporate governance amendments and does not contain financial statements or performance metrics.
Material Changes
On April 1, 2020, the Board of Directors amended and restated the Fund's bylaws in their entirety. The primary material change is the addition of a new Article II, Section 3(b), which clarifies the process for holding stockholder meetings solely by means of remote communication. These amendments were deemed effective immediately on April 1, 2020.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is strictly limited to the procedural amendment of the bylaws to facilitate remote stockholder meetings.
Key Facts for Investor Verification
- The Fund amended its bylaws to explicitly permit stockholder meetings conducted entirely via remote communication.
- The amendment became effective on April 1, 2020.
- The full text of the new Article II, Section 3(b) is included as Exhibit 99.1 to this filing.
- No financial data or operational updates are included in this specific report.