The Cohen & Steers Limited Duration Preferred and Income Fund offers an 8.32% yield, focusing on traditional preferred stocks from banks, utilities, and insurers. LDP underperformed the preferred stock index YTD due to rising inflation and Fed tightening, despite historically outperforming over the long term. The fund's distribution remains covered by net investment income and realized gains but lacks inflation protection as it avoids convertible preferreds.
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 (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 13,872 | $293,530 | $263,290.56 | -$30,239.44 | -10.3% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 500 | $9,985 | $9,490 | -$495 | -4.96% |
| WGS Wilson G. Saville BARRETT & COMPANY Inc. | 3,500 | $64,436.05 | $66,185 | $1,748.95 | 2.71% |
| RAS Robert A. Saperstein Guggenheim Capital LLC | 66,580 | $1.35M | $1.26M | -$84,122.23 | -6.25% |
Jeff Ameen Spire Wealth Management | 2,919 | $79,630.32 | $55,402.62 | -$24,227.7 | -30.43% |