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Cohen & Steers Duration Preferred & Income Fund

LDP

Market cap $557M

19.15 USD

-0.07

0.36%

At close Updated Oct 30, 4:00 PM EDT

1 day

-0.36%

5 days

2.57%

1 month

-0.98%

3 months

-7.17%

6 months

-8.64%

Year to date

-10.35%

1 year

-11.99%

5 years

-30.08%

10 years

-22.34%

About: Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. is a diversified closed-end management investment company. Its primary investment objective is high current income and capital appreciation is its secondary investment objective. The Fund invests at least its managed assets in preferred and other income securities issued by U.S. and non-U.S. companies under normal market conditions.

Financials Asset Management

News

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Sentiment 3-Months

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LDP: The Family Favorite But Not Enough

I rate Cohen & Steers Limited Duration Preferred and Income Fund a Hold, with a fair value at $17.89, 4.4% below the current price. LDP offers an 8.4% yield and trades at an 11% discount to NAV but faces downside risks from rate hikes, swap roll costs, and potential distribution cuts. LDP's shorter duration, lower expenses, and higher liquidity make it more attractive than PSF, yet not compelling enough for a Buy rating.

LDP: The Family Favorite But Not Enough

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, using data as of the close of October 9, 2026. PIMCO funds take six of the top seven spots on the yield list, as several that traded at premiums until recently have slipped to discounts. Among our model portfolio holdings, DHF appears on all five lists, and HFRO again has the widest discount at -43.06%.

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

LDP: Sustainable Distribution, But Rising Yields And Inflation Could Pressure Returns

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.

LDP: Sustainable Distribution, But Rising Yields And Inflation Could Pressure Returns

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

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: The 7% Yield Is Safe, But No Growth Catalyst

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.

LDP: 7% Yield On Preferreds And Bonds

LDP: The Success Is Reliant On Lower Interest Rates

Cohen & Steers Limited Duration Preferred and Income Fund remains a hold, reflecting its sensitivity to interest rates and concentrated banking sector exposure. LDP trades at a 4.3% discount to NAV, near its five-year average, suggesting reasonable valuation but also highlighting ongoing challenges. The fund's 7.3% yield relies on high leverage (32% of assets) and a portfolio with 70% below-investment-grade securities, increasing risk in a high-rate environment.

LDP: The Success Is Reliant On Lower Interest Rates

LDP: This Fund Should Outperform Preferred Stock ETFs If The Fed Keeps Cutting

The Cohen & Steers Limited Duration Preferred and Income Fund offers a 7.35% yield, better than major preferred stock indices, and provides leveraged exposure. LDP's leverage and foreign currency-denominated preferreds position it to benefit if the Fed continues rate cuts and the U.S. dollar weakens. While the fund's distribution is mostly covered by investment income and realized gains, some reliance on unrealized gains introduces modest sustainability risk.

LDP: This Fund Should Outperform Preferred Stock ETFs If The Fed Keeps Cutting

The Fed Is Juicing These 3 Massive Monthly Dividends

The Fed is cutting, and that's bullish for preferred stocks and their big payouts. Let's look at a trio yielding up to 9.8% (paying monthly dividends) that will benefit from every ease from Mr.

The Fed Is Juicing These 3 Massive Monthly Dividends

LDP: CEF Focused On Preferred Securities

Cohen & Steers Limited Duration Preferred and Income Fund (LDP) offers a 7.2% yield and trades at a 3.41% discount to NAV. LDP's reliance on net realized gains and leverage, along with high exposure to below investment grade securities, creates sensitivity to interest rates and market declines. Dividend sustainability is questionable, as LDP has only covered its payout with earnings in one of the last five years, making income less reliable.

LDP: CEF Focused On Preferred Securities

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