NYSE | 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.
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.
Top 20 Holdings
| Name | Weight |
|---|---|
| Credit Suisse Group AG 7.5% | 1.57% |
| JPMorgan Chase & Co. 6.1% | 1.50% |
| Wells Fargo & Company 3.9% | 1.49% |
| PNC Financial Services Group Inc 1/100th Non-Cum Perp Pfd Shs Series -O- | 1.47% |
| Bank of America Corporation 6.25% | 1.32% |
| First Horizon Bank 0% | 1.29% |
| TransCanada Trust 5.875% | 1.19% |
| Cobank ACB 0% | 1.19% |
| BP Capital Markets plc 4.875% | 1.18% |
| Citigroup Inc. 5.95% | 1.15% |
| The Charles Schwab Corporation 4% | 1.15% |
| MetLife Inc. 9.25% | 1.14% |
| WESCO International Inc 10.625% PRF PERPETUAL USD 25 - Ser A 1/1000 Dep Sh | 1.04% |
| Bank of America Corporation 6.1% | 1.02% |
| Societe Generale S.A. 7.875% | 1.00% |
| Enbridge Incorporation 5.75% | 0.98% |
| Standard Chartered PLC 7.75% | 0.96% |
| Citigroup Inc. 5.9% | 0.93% |
| Barclays PLC 8% | 0.89% |
| Sempra 4.875% | 0.88% |