NYSE:TLILMP Corporate Loan Fund Inc. Closed-End Fund Stock Price, Forecast & News

$8.33

+0.06 (+0.73 %)

(As of 05/25/2020 01:22 PM ET)

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Today's Range

$8.29

Now: $8.33▼

$8.34

50-Day Range

$6.89

MA: $7.76▼

$8.21

52-Week Range

$5.31

Now: $8.33▼

$10.30

Volume14,348 shs

Average Volume28,375 shs

Market Capitalization$82.47 million

P/E RatioN/A

Dividend Yield9.18%

Beta0.76

Western Asset Corporate Loan Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management. The fund invests in the public fixed income markets across the globe. It invests in securities of companies operating across diversified sectors. The fund invests primarily in floating or variable rate collateralized senior loans to corporations, partnerships or other business entities operating in various industries with an average credit quality of B1 by Moodys. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Index. The fund was formerly known as LMP Corporate Loan Fund, Inc. Western Asset Corporate Loan Fund Inc. was formed November 20, 1998 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for LMP Corporate Loan Fund Inc. Closed-End Fund.

2.6 Community Rank

Outperform Votes
LMP Corporate Loan Fund Inc. Closed-End Fund has received 99 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LMP Corporate Loan Fund Inc. Closed-End Fund has received 94 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LMP Corporate Loan Fund Inc. Closed-End Fund has received 51.30% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about LMP Corporate Loan Fund Inc. Closed-End Fund and other stocks. Vote “Outperform” if you believe TLI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TLI will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
LMP Corporate Loan Fund Inc. Closed-End Fund is a leading dividend payer. It pays a dividend yield of 9.18%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
LMP Corporate Loan Fund Inc. Closed-End Fund has only been increasing its dividend for 1 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LMP Corporate Loan Fund Inc. Closed-End Fund insiders have not sold or bought any company stock.
Percentage Held by Institutions
39.94% of the stock of LMP Corporate Loan Fund Inc. Closed-End Fund is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.05 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry N/A

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:TLI

Previous Symbol

CUSIPN/A

CIK1068963

WebN/A

PhoneN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares9,900,000

Market Cap$82.47 million

Next Earnings DateN/A

OptionableNot Optionable

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LMP Corporate Loan Fund Inc. Closed-End Fund (NYSE:TLI) Frequently Asked Questions

How has LMP Corporate Loan Fund Inc. Closed-End Fund's stock been impacted by COVID-19 (Coronavirus)?

LMP Corporate Loan Fund Inc. Closed-End Fund's stock was trading at $9.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TLI stock has decreased by 10.0% and is now trading at $8.33. View which stocks have been most impacted by Coronavirus.

Has LMP Corporate Loan Fund Inc. Closed-End Fund been receiving favorable news coverage?

News articles about TLI stock have been trending somewhat positive on Monday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. LMP Corporate Loan Fund Inc. Closed-End Fund earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutLMP Corporate Loan Fund Inc. Closed-End Fund.

Who are some of LMP Corporate Loan Fund Inc. Closed-End Fund's key competitors?

Some companies that are related to LMP Corporate Loan Fund Inc. Closed-End Fund include HBT Financial (HBT), Adams Natural Resources Fund (PEO), Urban&Civic (UANC), Customers Bancorp (CUBI), Firm Capital Mortgage Investment (FC), Citizens (CIA), Invesco Municipal Income Opp Trust (OIA), Hingham Institution for Savings (HIFS), Pzena Investment Management (PZN), Pennantpark Floating Rate Capital (PFLT), Capital City Bank Group (CCBG), Flushing Financial (FFIC), Farmers National Banc (FMNB), Health Insurance Innovations (HIIQ) and Crescent Capital BDC (CCAP). View all competitors.

What other stocks do shareholders of LMP Corporate Loan Fund Inc. Closed-End Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LMP Corporate Loan Fund Inc. Closed-End Fund investors own include Western Asset High Income Fund II (HIX), Putnam Premier Income Trust (PPT), BlackRock Resources and Commodities (BCX), Blackrock Enhanced Internationl Dvdnd Tr (BGY), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), Western Asst High Incm Opprtnty Fnd (HIO), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY) and Permian Basin Royalty Trust (PBT).

Who are LMP Corporate Loan Fund Inc. Closed-End Fund's key executives?

LMP Corporate Loan Fund Inc. Closed-End Fund's management team includes the following people:

Mr. Stephen Arthur Walsh, Portfolio Mang. (Age 60)
Mr. Michael C. Buchanan CFA, Portfolio Mang.
Mr. Timothy J. Settel, Portfolio Mang.

What is LMP Corporate Loan Fund Inc. Closed-End Fund's stock symbol?

LMP Corporate Loan Fund Inc. Closed-End Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "TLI."

Who are LMP Corporate Loan Fund Inc. Closed-End Fund's major shareholders?

LMP Corporate Loan Fund Inc. Closed-End Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Cohen & Steers Inc. (0.82%). Company insiders that own LMP Corporate Loan Fund Inc. Closed-End Fund stock include Paolo M Cucchi and William R Hutchinson. View institutional ownership trends for LMP Corporate Loan Fund Inc. Closed-End Fund.

Which institutional investors are selling LMP Corporate Loan Fund Inc. Closed-End Fund stock?

TLI stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc.. View insider buying and selling activity for LMP Corporate Loan Fund Inc. Closed-End Fund.

How do I buy shares of LMP Corporate Loan Fund Inc. Closed-End Fund?

Shares of TLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is LMP Corporate Loan Fund Inc. Closed-End Fund's stock price today?

One share of TLI stock can currently be purchased for approximately $8.33.

How big of a company is LMP Corporate Loan Fund Inc. Closed-End Fund?

LMP Corporate Loan Fund Inc. Closed-End Fund has a market capitalization of $82.47 million.

This page was last updated on 5/25/2020 by MarketBeat.com Staff