LDP: The Success Is Reliant On Lower Interest Rates
2025-12-12 06:28:19 ET
Overview
Cohen & Steers Limited Duration Preferred and Income Fund ( LDP ) is structured as a closed-end fund that aims to provide attractive total returns through its portfolio of preferred and income securities. The fund strategically allocates the majority of its assets to securities within the banking sector, which can be a strength or weakness based on market conditions. When I previously covered LDP, I issued a hold rating due to the high sensitivity to interest rates and inconsistent earnings. Since my last coverage, the Fed has reduced interest rates once more, so I wanted to reassess the fund as we approach the new year....
Read the full article on Seeking Alpha
For further details see:
LDP: The Success Is Reliant On Lower Interest Rates
NASDAQ: LDP
LDP Trading
-0.93% G/L:
$20.90 Last:
28,458 Volume:
$21 Open:
