Cohen & Steers Ltd Duration Pref & Inc:LDP

    Manage Alerts

    Overview

    As of 12/24/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$20.45$21.89-6.58%
    52 Wk Avg$20.06$21.39-6.23%
    52 Wk High$21.87$22.20-1.40%
    52 Wk Low$18.38$20.42-10.23%
    Regular Distribution TypeIncome Only
    Distribution Rate7.69%
    Distribution Amount$0.1310
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is high current income. The Fund’s secondary objective is capital appreciation. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies

    Capital Structure

    As of 12/24/2024

    Total Investment Exposure:$951.544M
    Total Common Assets:$636.544M
    Common Shares Outstanding:29,079,221
    Leverage

    As of 12/24/2024

    Preferred Share Assets:
    Total Debt (USD): $315.000M
    Regulatory Leverage (USD): $315.000M
    Effective Leverage (USD): $315.000M
    Effective Leverage (%): 33.10%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.07%
    Other Expenses:0.21%
    Baseline Expense: N/A
    Interest Expense:3.18%
    Total: 4.47%
    Fund Management

    Fund Sponsor
    Cohen & Steers

    Portfolio Managers
    Elaine Zaharis-Nikas, Jerry Dorost

    Basics
    Category: Fixed Income - Taxable-Preferreds
    Ticker: LDP
    NAV Ticker: XLDPX
    Average Daily Volume (shares): 79,785
    Average Daily Volume (USD): $1.596M
    Inception Date: 7/27/2012
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/24/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2024
    $0.5722
    Annualized Distribution Rate on NAV:
    As of 12/24/2024
    7.18%
    Total Return on NAV (12 months):
    As of 12/24/2024
    19.47%
    Avg. Portfolio Coupon:
    As of 12/24/2024
    6.41%
    Total % Portfolio Effectively Leveraged:
    As of 12/24/2024
    33.10%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/25/2024

    PeriodAvg Discount
    6 Month-5.28%
    1 Year-6.23%
    3 Year-6.84%
    5 Year-4.04%
    Z-Score

    As of 12/25/2024

    PeriodZStat
    3 Month-1.85
    6 Month-0.71
    1 Year-0.19
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Preferreds

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD22.73%14.64%23.28%15.93%
    20235.78%7.01%3.41%7.07%
    2022-22.33%-11.73%-22.47%-15.85%
    202110.02%7.75%8.08%8.68%
    20209.46%5.82%4.66%3.39%
    201929.71%22.67%34.61%24.84%
    2018-9.68%-8.02%-10.75%-7.07%
    201714.58%14.85%15.74%14.49%
    201617.94%8.54%12.97%6.81%
    20157.69%5.77%7.23%5.58%
    20149.62%11.35%18.73%17.64%
    2013-2.33%6.44%-4.38%2.61%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/24/2024
    6.41%
    Number of Holdings:
    As of 9/30/2024
    268
    Annual Portfolio Turnover:
    As of 12/31/2023
    49.00%
    Average Bond Price:
    As of 9/30/2024
    $104.67
    Asset Allocation

    As of 9/30/2024

    Top Sectors

    As of 9/30/2024

    Sector%Portfolio
    Corporate (Super Sector)87.65%
    Corporate Bond52.40%
    Preferred Stock33.19%
    Convertible2.06%
    Government (Super Sector)2.03%
    Government Related2.03%
    Cash Equivalents0.25%
    Cash Equivalents (Super Sector)0.25%
    Financial Services0.20%
    Cyclical (Super Sector)0.20%
    Top Holdings

    As of 9/30/2024

    HoldingValue% Portfolio
    B0806782s Irs Usd R V 09msofr Ccpois Sofr +0.11448$94.00M9.84%
    B5753851s Irs Usd R V 09msofr Ccpois Sofr +0.11448$90.00M9.42%
    B5653645s Irs Usd R V 09msofr Ccpois Sofr +0.11448$85.00M8.89%
    Goldman Sachs Group, Inc. 7.5%$12.64M1.32%
    Citigroup Inc. 7.625%$11.86M1.24%
    The Charles Schwab Corporation 4%$11.42M1.19%
    NextEra Energy Capital Holdings Inc 6.75%$10.76M1.13%
    B5653645s Irs Usd P F .54800$-82.25M-8.61%
    B5753851s Irs Usd P F .93000$-83.67M-8.75%
    B0806782s Irs Usd P F 1.18100$-89.77M-9.39%
    Credit Quality

    As of 9/30/2024

    Maturity Breakdown

    As of 9/30/2024

    Country Allocation

    As of 9/30/2024

    Country% Portfolio
    United States - Fixed Income18.71%
    Canada - Fixed Income10.55%
    United Kingdom - Fixed Income7.92%
    France - Fixed Income7.04%
    Switzerland - Fixed Income2.76%
    Japan - Fixed Income1.64%
    Australia - Fixed Income1.47%
    Spain - Fixed Income1.44%
    Netherlands - Fixed Income1.37%
    Italy - Fixed Income0.67%
    Germany - Fixed Income0.57%
    Ireland - Fixed Income0.36%
    Finland - Fixed Income0.28%
    United Kingdom - Equity0.20%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W