You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Bulldog Investors | 329,122 | 294,241 | 329,122 | 294,241 | 4.58% | |
| Phillip Goldstein | 329,122 | 294,241 | 329,122 | 294,241 | 4.58% | |
| Andrew Dakos | 329,122 | 294,241 | 329,122 | 294,241 | 4.58% | |
| Steven Samuels | 329,122 | 294,241 | 329,122 | 294,241 | 4.58% |
Follow Phillip Goldstein, Andrew Dakos And Steven Samuels's Bulldog Investors
Page 1 of 1 – SEC Filing
SCHEDULE 13D/A
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
6/21/17
1. NAME OF REPORTING PERSON
Bulldog Investors, LLC
2. CHECK THE BOX IF MEMBER OF A GROUP a[ ]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DE
___________________________________________________________
7. SOLE VOTING POWER
329,122
8. SHARED VOTING POWER
294,241
9. SOLE DISPOSITIVE POWER
329,122
_______________________________________________________
10. SHARED DISPOSITIVE POWER
294,241
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
623,363 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
4.58%
14. TYPE OF REPORTING PERSON
IA
___________________________________________________________
1. NAME OF REPORTING PERSON
Phillip Goldstein
2. CHECK THE BOX IF MEMBER OF A GROUP a[ ]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
329,122
8. SHARED VOTING POWER
294,241
9. SOLE DISPOSITIVE POWER
329,122
_______________________________________________________
10. SHARED DISPOSITIVE POWER
294,241
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
623,363 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
4.58%
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________
1. NAME OF REPORTING PERSON
Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[ ]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
77. SOLE VOTING POWER
329,122
8. SHARED VOTING POWER
294,241
9. SOLE DISPOSITIVE POWER
329,122
_______________________________________________________
10. SHARED DISPOSITIVE POWER
294,241
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
623,363 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
4.58%
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________
1. NAME OF REPORTING PERSON
Steven Samuels
2. CHECK THE BOX IF MEMBER OF A GROUP a[ ]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
329,122
8. SHARED VOTING POWER
294,241
9. SOLE DISPOSITIVE POWER
329,122
_______________________________________________________
10. SHARED DISPOSITIVE POWER
294,241
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
623,363 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
4.58%
14. TYPE OF REPORTING PERSON
IN
_______________________________________________________
Item 1. SECURITY AND ISSUER
This statement constitutes Amendment #7 to the schedule 13d
filed July 10, 2015. Except as specifically set forth
herein, the Schedule 13d remains unmodified.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As per the N-CSR filed on January 6, 2017, there were 13,603,025 shares
of common stock outstanding as of October 31, 2016. The percentages set forth
herein were derived using such number. Phillip Goldstein, Andrew Dakos and
Steven Samuels own Bulldog Investors, LLC, a registered investment advisor.
As of June 21, 2017, Bulldog Investors, LLC is deemed to be the beneficial
owner of 623,363 shares of LCM (representing 4.58% of LCM’s outstanding
shares) solely by virtue of Bulldog Investors LLC’s power to direct the vote
of, and dispose of, these shares. These 623,363 shares of LCM include 329,122
shares (representing 2.42% of LCM’s outstanding shares) that are beneficially
owned by the following entities over which Messrs. Goldstein, Dakos and Samuels
exercise control: Opportunity Partners LP, Calapasas West Partners LP, Full
Value Special Situations Fund, LP, Full Value Partners, LP, Opportunity Income
Plus, LP, and MCM Opportunity Partners, LP (collectively,”Bulldog Investors
Group of Funds”). Bulldog Investors Group of Funds may be deemed to constitute
a group. All other shares included in the aforementioned 623,363 shares of LCM
beneficially owned by Bulldog Investors, LLC (solely by virtue of its power to
sell or direct the vote of these shares) are also beneficially owned by clients
of Bulldog Investors, LLC who are not members of any group. The total number
of these “non-group” shares is 294,241 shares (representing 2.16% of LCM’s
outstanding shares).
(b)Bulldog Investors,LLC has sole power to dispose of and vote 329,122 shares.
Bulldog Investors, LLC has shared power to dispose of and vote 294,241 shares.
Certain of Bulldog Investors, LLC’s clients (none of whom beneficially own more
than 5% of LCM’s shares) share this power with Bulldog Investors, LLC. Messrs.
Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC.
c) Since the last filing on 6/20/17 the following shares of LCM were sold:
Date: Shares: Price:
06/20/17 6,873 8.8090
06/21/17 157,727 8.790937
d) Clients of Bulldog Investors, LLC are entitled to receive any dividends or
sales proceeds.
e) The Reporting Persons ceased to be the beneficial owner of more
than 5% of LCM’s common stock on June 21 2017 based on the N-CSR filed
January 6 2017
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 6/22/2017
By: /S/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos
By: /S/ Steven Samuels
Name: Steven Samuels
Bulldog Investors, LLC
By: /s/ Andrew Dakos
Andrew Dakos, Member
Footnote 1: The reporting persons disclaim beneficial ownership except
to the extent of any pecuniary interest therein.
