Cohen & Steers Dur Prf & Stock Price, News & Analysis

Cohen & Steers Limited Duration Preferred and Income Fund Inc. (NYSE: LDP) is a diversified, closed-end management investment company dedicated to providing high current income and capital appreciation. Founded in 1986, Cohen & Steers is a global investment manager with a rich history of specializing in liquid real assets such as real estate securities, listed infrastructure, commodities, natural resource equities, and preferred securities.

The Fund maintains a portfolio comprised primarily of preferred and other income securities issued by both U.S. and non-U.S. companies. The strategic allocation aims to balance income generation with capital preservation. The investment strategy involves rigorous research and risk management to ensure the Fund aligns with its objectives under varying market conditions.

Based in New York City, Cohen & Steers extends its global footprint with offices in major financial centers including London, Hong Kong, Tokyo, and Seattle. This geographic diversity supports a broad understanding of global markets, enhancing the Fund’s ability to identify and capitalize on diverse investment opportunities.

In recent developments, the Fund has implemented significant changes to its distribution policies. Effective July 1, 2023, the Fund adopted a new policy to make regular monthly distributions at a level rate. This change is intended to provide a more predictable income stream for shareholders. The new policy replaces the managed distribution plan put in place in 2016, allowing the Fund to adapt to evolving market conditions and investment performance.

As part of its commitment to transparency, the Fund provides detailed information regarding the sources and characteristics of its distributions. Shareholders receive notices and updates through the company’s website and direct communications, ensuring they are well-informed about their investments.

Cohen & Steers prides itself on delivering strong investment performance and maintaining a disciplined approach to asset management. The Fund’s performance metrics, including year-to-date cumulative total return and average annual total return over a five-year period, are regularly disclosed to provide investors with a comprehensive overview of their investment’s performance.

Investors are encouraged to consult the Fund’s periodic reports and regulatory filings available on the Cohen & Steers website and the Securities and Exchange Commission’s EDGAR Database for detailed information on investment objectives, risks, charges, and expenses. These resources are essential for informed decision-making and ongoing investment management.

Overall, Cohen & Steers Limited Duration Preferred and Income Fund Inc. stands out for its focused investment approach, robust distribution policy, and commitment to transparency, making it a notable player in the realm of preferred and income securities.