NYSE : LDP
-$0.11 (-0.52%)
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LDP: The 7% Yield Is Safe, But No Growth Catalyst
Cohen & Steers Limited Duration Preferred and Income Fund remains a hold due to a lack of growth catalysts and elevated interest rate risks. LDP offers a 7.4% dividend yield, with distributions well covered by net investment income, appealing to income-focused investors. The fund's portfolio is heavily concentrated in banking preferreds, exposing it to sector-specific risks despite some diversification into insurance and utilities. seekingalpha.com - 2026-07-17 16:17:12 |