Lind Capital Partners Municipal Credit Income Fund logo

Lind Capital Partners Municipal Credit Income Fund (LCPMX)

Market Closed
10 Aug, 20:00
NASDAQ NASDAQ
$
8. 71
-0.01
-0.1147%
$
50.35M Market Cap
0.42% Div Yield
0 Volume
$ 8.72
Previous Close
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Day Range
8.71 8.71
Year Range
8.27 8.87
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Summary

LCPMX closed today lower at $8.71, a decrease of -0.1147% from yesterday's close, completing a monthly decrease of -1.8038% or -$0.16. Over the past 12 months, LCPMX stock gained 0.4614%.
LCPMX pays dividends to its shareholders, with the most recent payment made on Aug 03, 2026. The next estimated payment will be in In 3 weeks on Sep 03, 2026 for a total of $0.03572.
The stock of the company had never split.
The company's stock is traded on one exchange.

LCPMX Chart

Lind Capital Partners Municipal Credit Income Fund (LCPMX) FAQ

What is the stock price today?

The current price is $8.71.

On which exchange is it traded?

Lind Capital Partners Municipal Credit Income Fund is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is LCPMX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.42%.

What is its market cap?

As of today, the market cap is 50.35M.

Has Lind Capital Partners Municipal Credit Income Fund ever had a stock split?

No, there has never been a stock split.

Lind Capital Partners Municipal Credit Income Fund Profile

NASDAQ Exchange
US Country

Overview

The company is a closed-end interval fund that strategically invests a minimum of 80% of its assets in U.S. municipal bonds. The interest on these bonds is exempt from federal taxes, providing a tax-efficient investment option for individuals seeking income without the burden of federal taxation. The fund emphasizes investments in non-rated or lower-rated bonds, which are often perceived as high-risk but can potentially offer attractive yields. The investment philosophy is guided by fundamental credit analysis, aiming not only for high current income but also to ensure capital preservation for its investors.

Products and Services

  • Closed-End Interval Fund

    This fund structure allows for periodic repurchase offers, providing a level of liquidity not typically available in standard closed-end funds. Investors can periodically sell their shares back to the fund at net asset value.

  • U.S. Municipal Bonds

    The main investment focus is on U.S. municipal bonds, which are issued by states, cities, and other local government entities. These bonds often offer attractive yields while being exempt from federal income tax, making them beneficial for investors in higher tax brackets.

  • Non- or Lower-Rated Bond Investments

    The fund targets non-rated or lower-rated bonds, which may carry higher risk but also the potential for higher returns. By carefully analyzing the creditworthiness of these bonds, the fund seeks to capitalize on opportunities that others may overlook.

  • Fundamental Credit Analysis

    A core service of the company is its commitment to rigorous fundamental credit analysis. This approach involves a detailed examination of the financial health of bond issuers, ensuring informed investment decisions that align with the fund's goals of income generation and risk management.

  • Income Generation

    The primary objective is to generate high current income for its investors through strategic investments in tax-exempt municipal bonds, enhancing the overall yield potential of the portfolio while adhering to the investment mandate.

  • Capital Preservation

    In addition to income, the fund prioritizes capital preservation, utilizing careful credit selection and market analysis to minimize risks associated with bond investments. This focus aims to protect investor capital against market volatility and potential losses.

Contact Information

Address: 500 Davis Center, Suite 1004
Phone: 312-878-3830