Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP)
NYSE NYSE Primary 
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.
LDP: 7% Yield On Preferreds And Bonds
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.
