NYSE : LDP
-$0.11 (-0.52%)
NYSE
Adam Derechin
Asset Management - Income
Financial Services
LDP
N/A
US
USD
212-832-3232
19248C105
0001548717
0.48
12.52
12.52
0.84
0.71
$80.15M
7.62
0.93
20.26
1.04
$2.21
$64.4M
80.35%
80.35%
9.94%
6.62%
9.51
-0.39
-0.39
4/5
0 Analysts
%
About Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Stock
The Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) is a closed-end investment vehicle dedicated to fixed income, initially established by Cohen & Steers, Inc., and now managed by Cohen & Steers Capital Management, Inc. This U.S.-domiciled fund, which commenced operations on May 1, 2012, pursues investment opportunities across global fixed income markets. Its strategy involves allocating capital primarily to companies within the financial industry, including banks, diversified financial services, real estate, and insurance sectors. The portfolio predominantly comprises a diverse range of preferred securities, such as floating-rate, fixed-to-floating-rate, traditional, and hybrid-preferred instruments, in addition to various debt and convertible securities. The fund em ... ploys derivatives, like interest rate swaps, to facilitate its investment objectives. Portfolio construction is grounded in fundamental analysis, with a keen focus on assessing the credit quality of issuers and responding to prevailing market dynamics. The fund measures its performance against two benchmarks: the BofA Merrill Lynch Capital Securities Index, and a composite index consisting of 75% BofA Merrill Lynch Capital Securities Index and 25% BofA Merrill Lynch 7% Constrained Adjustable Rate Preferred Securities Index.
LDP: The 7% Yield Is Safe, But No Growth Catalyst
2026-07-17 16:17:12
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.
Frequently Asked Questions
What is the current Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) stock price?
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.(NYSE:LDP) stock price is $21.01 in the last trading session. During the trading session, LDP stock reached the peak price of $22.05 while $19.35 was the lowest point it dropped to. The percentage change in LDP stock occurred in the recent session was --0.52% while the dollar amount for the price change in LDP stock was -$0.11.
LDP's industry and sector of operation?
The NYSE listed LDP is part of Asset Management - Income industry that operates in the broader Financial Services sector.
Who are the executives of LDP?
Francis Casimir Poli
| Executive Vice President, General Counsel, Corporate Secretary and Member of Executive Committee
Elaine Zaharis-Nikas
| Portfolio Manager
Joseph Harvey
| Portfolio Manager
Adam Derechin
| Chief Operating Officer and Member of Executive Committee
|
How many employees does LDP have?
Number of LDP employees currently stands at None. LDP operates from 280 Park Avenue, New York City, NY 10017-1216, US.
Link for LDP official website?
Official Website of LDP is: https://www.cohenandsteers.com/funds/details/limited-duration-preferred-and-income-fund
How do I contact LDP?
LDP could be contacted at phone #212-832-3232 and can also be accessed through its website. LDP operates from 280 Park Avenue, New York City, NY 10017-1216, US.
How many shares of LDP are traded daily?
The average number of LDP shares traded daily for last 3 months was 56.91K.
What is the market cap of LDP currently?
The market value of LDP currently stands at $610.95M with its latest stock price at $21.01