-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AOpiz+bkjMccLIK/bvlrNoTmiiXWh/4DFty/iuS7aU1D5TfmAIGk/hJMmtTZ/A4K wH6j4QUu4hiBIHhbEu5lug== 0001445546-10-002120.txt : 20100507 0001445546-10-002120.hdr.sgml : 20100507 20100507172906 ACCESSION NUMBER: 0001445546-10-002120 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100507 DATE AS OF CHANGE: 20100507 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LMP CORPORATE LOAN FUND INC. CENTRAL INDEX KEY: 0001068963 IRS NUMBER: 521568099 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-61123 FILM NUMBER: 10813619 BUSINESS ADDRESS: STREET 1: CITIGROUP ASSET MANAGEMENT STREET 2: 125 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 212-291-2556 MAIL ADDRESS: STREET 1: CITIGROUP ASSET MANAGEMENT STREET 2: 125 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 FORMER COMPANY: FORMER CONFORMED NAME: CITIGROUP INVESTMENTS CORPORATE LOAN FUND INC. DATE OF NAME CHANGE: 20050421 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS CORP LOAN FUND INC DATE OF NAME CHANGE: 19980826 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST TRUST PORTFOLIOS LP CENTRAL INDEX KEY: 0001184765 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 12O EAST LIBERTY DRIVE STREET 2: SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 BUSINESS PHONE: 630-765-8000 MAIL ADDRESS: STREET 1: 12O EAST LIBERTY DRIVE STREET 2: SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 SC 13D 1 tli_sc13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. __)* LMP Corporate Loan Fund, Inc. ------------------------------------ (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 50208B100 -------------- (CUSIP Number) W. Scott Jardine, Esq. 120 East Liberty Drive Wheaton, Illinois 60187 630-765-8000 --------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 5, 2010 ----------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [X]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 50208B100 1. Names of Reporting Persons. First Trust Portfolios L.P. I.R.S. Identification Nos. of above persons (entities only). 36-3768815 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization Illinois, U.S.A. Number of 7. Sole Voting Power 0 Shares Beneficially 8. Shared Voting Power 2,004,023 Owned by Each Reporting 9. Sole Dispositive Power 0 Person With: 10. Shared Dispositive Power 2,004,023 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,004,023 12. Check box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 20.2% 14. Type of Reporting Person (See Instructions) BD CUSIP No. 50208B100 1. Names of Reporting Persons. First Trust Advisors L.P. I.R.S. Identification Nos. of above persons (entities only). 36-3788904 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization Illinois, U.S.A. Number of 7. Sole Voting Power 0 Shares Beneficially 8. Shared Voting Power 2,004,023 Owned by Each Reporting 9. Sole Dispositive Power 0 Person With: 10. Shared Dispositive Power 2,004,023 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,004,023 12. Check box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 20.2% 14. Type of Reporting Person (See Instructions) IA CUSIP No. 50208B100 1. Names of Reporting Persons. The Charger Corporation I.R.S. Identification Nos. of above persons (entities only). 36-3772451 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization Illinois, U.S.A. Number of 7. Sole Voting Power 0 Shares Beneficially 8. Shared Voting Power 2,004,023 Owned by Each Reporting 9. Sole Dispositive Power 0 Person With: 10. Shared Dispositive Power 2,004,023 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,004,023 12. Check box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 20.2% 14. Type of Reporting Person (See Instructions) HC Item 1. Security and Issuer LMP Corporate Loan Fund, Inc. Item 2. Identity and Background First Trust Portfolios L.P., an Illinois limited partnership, is the sponsor, distributor and principal underwriter unit investment trusts, closed-end funds, mutual fund and exchange-traded funds (the "First Trust Fund Complex"). Its principal address is 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187. First Trust Advisors L.P., an Illinois limited partnership, is the investment advisor to the funds in the First Trust Fund Complex. Its principal address is 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187. First Trust Portfolios L.P. and First Trust Advisors L.P. are each a limited partnership with one general partner, The Charger Corporation. The Charger Corporation is an Illinois corporation controlled by the Robert Donald Van Kampen family. Its principal address is 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187. The Charger Corporation The Judith M. Van Kampen Trust, Shareholder Judith M. Van Kampen, Shareholder and Director Karla M. Van Kampen-Pierre, Shareholder and Director Kristen Joy Wisen, Shareholder David G. Wisen, President and Director Jerald A. Trannel - Senior Vice President and Director Address for each should be : The Charger Corporation 407 S. Third Street, Suite 230 Geneva, IL 60134 During the last five years, none of the Item 2 Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration All purchases of LMP Corporate Loan Fund, Inc. common stock were made using working capital. No other funds or consideration were used in making such purchases. Item 4. Purpose of Transaction The Reporting Persons intend to hold the shares of Issuer's common stock for investment purposes, and not for the purpose of acquiring control of the Issuer. The Reporting Persons intend to acquire additional shares of the Issuer's common stock from time to time, provided such acquisition is economical in the discretion of the Reporting Persons based on the price of such shares. The Reporting Persons have no plans or proposals which relate to or would result in: (a) an acquisition by any person of additional securities of the Issuer; (b) an extraordinary corporate transactions, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's charter, bylaws or instruments corresponding thereto, or other actions which may impede the acquisition of control of the Issuer by any person; (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to any of those enumerated above. First Trust Portfolios L.P. is sponsor of several unit investment trusts which hold shares of common stock of the issuer. No unit investment trust sponsored by First Trust Portfolios L.P. holds more than 3% of the issuer's common stock. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P. and acts as portfolio supervisor of the unit investment trusts which hold shares of common stock of the issuer. Individual unit investment trusts sponsored by First Trust Portfolios L.P., which hold shares of the issuer, will sell shares of the issuer to satisfy unit redemption requests, as required under provisions of the Investment Company Act of 1940, as amended, or pursuant to normal trust operations. In addition, First Trust Advisors L.P. also acts as investment advisor to certain separately managed accounts which hold shares of the issuer. First Trust Advisors L.P. may sell shares of the issuer contained in such accounts. The Charger Corporation is the general partner of both First Trust Portfolios L.P. and First Trust Advisors L.P. Item 5. Interest in Securities of the Issuer Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 2,004,023 Percent of class: 20.2% (b) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0. (ii) Shared power to vote or to direct the vote 2,004,023. (iii) Sole power to dispose or to direct the disposition of 0. (iv) Shared power to dispose or to direct the disposition of 2,004,023. (c) First Trust Portfolios L.P. and/or First Trust Advisors L.P. entered into transactions in the common stock of the issuer within the last sixty days as set forth on Schedule A. Each transaction included on Schedule A was effected in the open market through brokers. No other transactions in the common stock of the issuer were effected in the last sixty days. (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of common stock. (e) Not applicable. Instruction. For computations regarding securities which represent a right to acquire an underlying security see Sec. 204.13d-3(d)(1). Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer There are no contracts, arrangements, understandings or relationships between Reporting Persons and any of the persons identified in Item 2 with respect to any of the securities of the Issuer. Item 7. Materials to be Filed as Exhibits None. SCHEDULE A Date of Price per Shares Transaction Share Purchased 3/8/2010 $11.02 15,001 3/8/2010 11.04 1,350 3/9/2010 10.95 1,966 3/9/2010 10.9956 14,147 3/10/2010 10.95 2,658 3/10/2010 10.99847 1,821 3/11/2010 11.05 2,546 3/12/2010 11.04 2,009 3/12/2010 11.13508 957 3/15/2010 11.1 2,958 3/16/2010 11.1 2,246 3/16/2010 11.1024 1,182 3/17/2010 11.09 3,021 3/18/2010 11.07 2,464 3/18/2010 11.0839 1,027 3/19/2010 11.11 2,783 3/22/2010 11.11 3,677 3/23/2010 11.1088 8,101 3/23/2010 11.11 3,587 3/24/2010 11.08 2,294 3/24/2010 11.1045 10,737 3/24/2010 11.1126 20,784 3/25/2010 11.2 1,713 3/25/2010 11.2615 19,900 3/26/2010 11.3 2,904 3/26/2010 11.306 36,810 3/29/2010 11.25 965 3/29/2010 11.3005 33,355 3/30/2010 11.2923 9,306 3/30/2010 11.3189 23,082 3/30/2010 11.32 2,007 3/31/2010 11.24 1,696 3/31/2010 11.2961 15,729 3/31/2010 11.3048 12,416 4/1/2010 11.29 2,294 4/1/2010 11.2974 27,440 4/1/2010 11.3128 6,213 4/5/2010 11.31 3,461 4/5/2010 11.3128 29,915 4/6/2010 11.299 10,520 4/6/2010 11.3045 22,717 4/6/2010 11.34 1,102 4/6/2010 11.3427 885 4/7/2010 11.25 1,723 4/7/2010 11.2997 13,330 4/7/2010 11.2998 17,172 4/7/2010 11.2985 180 4/8/2010 11.2985 20 4/8/2010 11.34 20 4/8/2010 11.34 20 4/8/2010 11.34 20 4/8/2010 11.34 195 4/8/2010 11.34 20 4/8/2010 11.34 20 4/8/2010 11.34 20 4/8/2010 11.34 30 4/8/2010 11.33 20 4/8/2010 11.34 20 4/8/2010 11.34 40 4/8/2010 11.34 145 4/8/2010 11.34 35 4/8/2010 11.34 35 4/8/2010 11.34 90 4/8/2010 11.34 20 4/8/2010 11.34 20 4/8/2010 11.34 30 4/8/2010 11.34 20 4/8/2010 11.34 105 4/8/2010 11.34 35 4/8/2010 11.34 25 4/8/2010 11.34 80 4/8/2010 11.34 20 4/8/2010 11.34 100 4/8/2010 11.34 30 4/8/2010 11.3358 13,100 4/8/2010 11.34 1,811 4/9/2010 11.41 1,598 4/9/2010 11.4852 29,900 4/12/2010 11.4929 40,546 4/12/2010 11.5 737 4/13/2010 11.34 275 4/13/2010 11.5 330 4/13/2010 11.5 1,672 4/13/2010 11.5549 27,816 4/14/2010 11.58 1,153 4/14/2010 11.593 35,890 4/15/2010 11.57 3,285 4/15/2010 11.5712 34,452 4/15/2010 11.5 300 4/16/2010 11.57 1,043 4/16/2010 11.5727 46,978 4/19/2010 11.57 3,057 4/19/2010 11.571 10,362 4/19/2010 11.5829 28,723 4/19/2010 11.55 270 4/20/2010 11.57 1,694 4/20/2010 11.5867 19,091 4/21/2010 11.5964 24,725 4/21/2010 11.6 1,689 4/22/2010 11.62 1,898 4/22/2010 11.6316 23,278 4/23/2010 11.68 1,001 4/23/2010 11.7165 50,371 4/26/2010 11.84 1,476 4/26/2010 11.8538 22,487 4/27/2010 11.89 1,912 4/27/2010 11.8913 33,162 4/28/2010 11.99 1,917 4/28/2010 11.9973 39,058 4/29/2010 12.05 1,715 4/29/2010 12.089 32,714 4/29/2010 11.58 260 4/30/2010 12.1429 73,832 4/30/2010 12.18 2,618 5/3/2010 12.2211 42,824 5/3/2010 12.3 1,634 5/4/2010 12.2071 72,190 5/4/2010 12.28 2,403 5/4/2010 12.05 285 5/5/2010 12.1 185 5/5/2010 11.9732 35,451 5/5/2010 12 1,360 SIGNATURE 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. FIRST TRUST PORTFOLIOS L.P. Date: May 7, 2010 By: /s/ James A. Bowen ------------------------- James A. Bowen, President FIRST TRUST ADVISORS, L.P. Date: May 7, 2010 By: /s/ James A. Bowen ------------------------- James A. Bowen, President THE CHARGER CORPORATION Date: May 7, 2010 By: /s/ James A. Bowen ----------------------------------------- James A. Bowen, Senior Vice President -----END PRIVACY-ENHANCED MESSAGE-----