Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP)
NYSE: LDP · Real-Time Price · USD
21.60
+0.12 (0.56%)
Oct 11, 2024, 4:00 PM EDT - Market closed

Company Description

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. is a closed-ended fixed income fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in fixed income markets across the globe.

The fund uses derivatives like interest rate swaps to make its investments. It seeks to invest in companies that are operating across financial sectors including banks, diversified financials, real estate, and insurance industries.

The fund primarily invests in floating-rate and fixed-to-floating-rate preferred securities, preferred securities, traditional preferred securities, hybrid-preferred securities, debt securities, and convertible securities.

It employs fundamental analysis, with a focus on issuers’ creditworthiness, and prevailing market factors to create its portfolio.

The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch Capital Securities Index and a composite benchmark of 75% BofA Merrill Lynch Capital Securities Index and 25% BofA Merrill Lynch 7% Constrained Adjustable Rate Preferred Securities Index.

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. fund was formed on May 1, 2012 and is domiciled in the United States.

Cohen & Steers Limited Duration Preferred and Income Fund, Inc.
Cohen & Steers Limited Duration Preferred and Income Fund logo
Country United States
Founded 2012
Industry Asset Management
Sector Financials
CEO Adam Derechin

Contact Details

Address:
1166 Avenue of the Americas, 30th Floor
New York, New York 10036
United States
Phone 212 832 3232
Website cohenandsteers.com

Stock Details

Ticker Symbol LDP
Exchange NYSE
Reporting Currency USD
CIK Code 0001548717
CUSIP Number 19248C105
ISIN Number US19248C1053