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.
Cohen & Steers Limited Duration Preferred & Income Fund offers diversified preferred and income security exposure, yielding 7.67% with monthly distributions. LDP currently trades at a 7% discount to NAV, wider than its 1-, 3-, and 5-year averages, but not at its deepest historical discount. Net investment income rose 14% in 2025, with distribution coverage improving to 1.24x and net assets increasing for two consecutive years.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 500 | $9,985 | $10,580 | $595 | 5.96% |
Jeff Ameen Spire Wealth Management | 2,919 | $79,630.32 | $61,766.04 | -$17,864.28 | -22.43% |
Kyle P. Smith NewEdge Wealth LLC | 195,343 | $3.89M | $4.14M | $246,968.09 | 6.35% |
Mariana Coli Dunhill Financial LLC | 1,000 | $20,200 | $21,135 | $935 | 4.63% |
Kristy DeJarnette Financial Security Advisor, Inc. | 13,500 | $285,795 | $285,255 | -$540 | -0.19% |