| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
LDP Stock Overview
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.03 |
| 52 Week High | US$27.75 |
| 52 Week Low | US$24.74 |
| Beta | 0 |
| 1 Month Change | -5.76% |
| 3 Month Change | -8.88% |
| 1 Year Change | -2.98% |
| 3 Year Change | 8.21% |
| 5 Year Change | -0.40% |
| Change since IPO | -0.08% |
Recent News & Updates
LDP: A Reasonably Safe Income Fund With A High Price
Investors need a safe source of income due to the policies of the Federal Reserve. LDP invests in a portfolio of reasonably safe assets to provide investors with this safe income. The fund is very heavily exposed to the financial sector, but overall, it is reasonably well-diversified. The 6.29% distribution appears to be reasonably secure. The fund is trading at a historically high premium so it makes sense to wait for the price to come down before making an investment.
Cohen & Steers Limited Duration Preferred and Income Fund goes ex-dividend tomorrow
Cohen & Steers Limited Duration Preferred and Income Fund (LDP) had declared $0.143/share monthly dividend, in line with previous.Payable Jan. 29; for shareholders of record Jan. 13; ex-div Jan. 12.Additionally, declared $0.143/share monthly dividend for February and March.Payable Feb. 26; for shareholders of record Feb. 10; ex-div Feb. 09.Payable Mar. 31; for shareholders of record Mar. 17; ex-div Mar. 16.See LDP Dividend Scorecard, Yield Chart, & Dividend Growth.
Cohen & Steers Limited Duration Preferred and Income Fund goes ex-dividend tomorrow
Cohen & Steers Limited Duration Preferred and Income Fund (LDP) had declared $0.143/share monthly dividend, in line with previous.Payable Nov. 30; for shareholders of record Nov. 18; ex-div Nov. 17.Additionally declared $0.143/share monthly dividend for December.Payable Dec. 31; for shareholders of record Dec. 16; ex-div Dec. 15See LDP Dividend Scorecard, Yield Chart, & Dividend Growth.
Cohen & Steers Limited Duration Preferred & Income Fund Yielding 7% Selling At A Discount
Introduction When safe fixed income investments yield below 1%, income investors have to take on some risk to earn above inflation returns. For those willing to take on a little more risk, leveraged CEFs is an asset class to explore. Some risk is offset if the investor can purchase at a discount. Leveraged fixed income funds are designed to help investors who require cash flow to meet expenses and maybe prevent the need to withdraw
Shareholder Returns
| LDP | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -5.3% | -5.5% | -4.6% |
| 1Y | -3.0% | 24.6% | 7.7% |
Return vs Industry: LDP underperformed the US Capital Markets industry which returned 24.6% over the past year.
Return vs Market: LDP underperformed the US Market which returned 7.7% over the past year.
Price Volatility
| LDP volatility | |
|---|---|
| LDP Average Weekly Movement | 1.9% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: LDP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: LDP's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Adam Derechin | https://www.cohenandsteers.com/funds/details/limited-duration-preferred-and-income-fund |
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.
Cohen & Steers Limited Duration Preferred and Income Fund Fundamentals Summary
| LDP fundamental statistics | |
|---|---|
| Market Cap | US$777.76m |
| Earnings (TTM) | US$0 |
| Revenue (TTM) | n/a |
n/a
P/E Ration/a
P/S RatioIs LDP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LDP income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Expenses | US$0 |
| Earnings | US$0 |
Last Reported Earnings
n/a
Next Earnings Date
n/a
| Earnings per share (EPS) | 0 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did LDP perform over the long term?
See historical performance and comparisonValuation
Is Cohen & Steers Limited Duration Preferred and Income Fund undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Cohen & Steers Limited Duration Preferred and Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Cohen & Steers Limited Duration Preferred and Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Future Growth
How is Cohen & Steers Limited Duration Preferred and Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.3%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cohen & Steers Limited Duration Preferred and Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Cohen & Steers Limited Duration Preferred and Income Fund performed over the past 5 years?
20.3%
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Cohen & Steers Limited Duration Preferred and Income Fund has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
Financial Health
How is Cohen & Steers Limited Duration Preferred and Income Fund's financial position?
In this section we usually analyse Cohen & Steers Limited Duration Preferred and Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Cohen & Steers Limited Duration Preferred and Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
Dividend
What is Cohen & Steers Limited Duration Preferred and Income Fund current dividend yield, its reliability and sustainability?
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LDP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LDP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LDP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LDP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LDP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Management
How experienced are the management team and are they aligned to shareholders interests?
21.0yrs
Average board tenure
CEO
Adam Derechin (56 yo)
no data
Tenure
Mr. Adam M. Derechin, CFA, serves as the Chief Operating Officer and Executive Vice President at Cohen & Steers Capital Management, Inc. Mr. Derechin serves as the President and Chief Executive Officer at...
Board Members
Experienced Board: LDP's board of directors are seasoned and experienced ( 21 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LDP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Cohen & Steers Limited Duration Preferred and Income Fund, Inc.
- Ticker: LDP
- Exchange: NYSE
- Founded: 2012
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$777.763m
- Shares outstanding: 28.92m
- Website: https://www.cohenandsteers.com/funds/details/limited-duration-preferred-and-income-fund
Location
- Cohen & Steers Limited Duration Preferred and Income Fund, Inc.
- 280 Park Avenue
- 10th Floor
- New York
- New York
- 10017-1216
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 00:10 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | N/A |
| Annual Earnings | N/A |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.