Address And Details
|280 Park Avenue, 10th Fl , New York, NY 10017|
|Fund Manager||William Scapell|
|Manager Tenure||6 Years 1 Months|
Strategy And Objective
The primary investment objective of Cohen & Steers Low Duration Preferred and Income Fund, Inc. (the Fund) is to seek to provide shareholders with high current income, and the secondary objective is to provide capital preservation. The Fund pursues its objectives primarily by investing in issues of preferred and other income securities believed to be undervalued relative to credit quality and other investment characteristics. In making this determination, the Advisor evaluates the fundamental characteristics of an issuer, including an issuers creditworthiness, and also takes into account prevailing market factors. In analyzing credit quality, the Advisor considers not only fundamental analysis, but also an issuers corporate and capital structure and the placement of the preferred or other income securities within that structure. In evaluating relative value, the Advisor also takes into account call,conversion and other structural security features, in addition to such factors as the likely directions of credit ratings and relative value versus other income security classes. The Advisor also incorporates relevant environmental, social and governance (ESG) factors. In assessing duration, the Advisor considers potential changes to interest rates, and a securitys yield, coupon payments (including the frequency of coupon resets, if applicable), price and par value and call features, in addition to the amount of time until the security matures.Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter ( OTC). Such securities include traditional preferred securities; hybrid preferred securities that have investment and economic characteristics of both preferred stock and debt securities; floating rate preferred securities; corporate debt securities; convertible securities;contingent capital securities (CoCos); and securities of other open-end, closed-end or exchange-traded funds (ETFs) that invest primarily in preferred and/or debt securities as described here in. To the extent the Fund invests in securities of other open-end, closed-end or ETFs, the Fund will consider the investments of these funds, to the extent known by the Fund, in determining compliance with this policy. The Fund may also invest in certain restricted securities including securities that are only eligible for resale pursuant to Rule 144A under the Securities Act of1933 (the Securities Act) (referred to as Rule 144A Securities) and securities of U.S. and non-U.S. issuers that are issued through private offerings without registration with the Securities and Exchange Commission (the SEC) pursuant to Regulation under the Securities Act.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||330.00 K|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 11/30/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 11/30/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
Master The Market with the Help of Our Financial Experts
Recent Articles from TheStreet
AMC Stock: What to Expect From the Domestic Box Office
The movie business has changed and that's not good for AMC shareholders.
Pear Therapeutics Stock to Begin Trading After SPAC Merger
Pear Therapeutics received its second breakthrough device designation from the Food and Drug Administration for its reSET-A product candidate that is designed for the treatment of alcohol substance use disorder.
Elon Musk's SpaceX Building Starship Launch Pad for Mars, Moon Trips
SpaceX CEO Elon Musk tweets Saturday that the company has started construction on an orbital launch pad at the Kennedy Space Center in Florida for missions to the Moon and Mars.
What's Next for Planet 13: A U.S. Listing, Chicago, and Florida
The company solidifies its hold on Nevada while launching its California Superstore and planning a U.S. stock listing as well as moves into Chicago and Florida.
Robot Vacuums, Air Fryers, Hermes Bags: What Shoppers Bought Cyber Monday
Based on Cyber Mondays sales, robot vacuums are on a lot of holiday gift lists this year, with sales of the home appliances up 2,250% from last year.
Cramer's Mad Money Recap 12/3: DocuSign, GameStop, Costco
Valuations for many stocks are high, says Jim Cramer. That means investors should be on the lookout for potential shocks and new buying opportunities.
Lyft Taps Amazon, Disney Veteran Elaine Paul as CFO
Paul has worked at Amazon Studios and Disney in the past and led teams across finance, strategy, analytics and technology.
Facebook Tests Bill-Splitting Feature In Messenger
Known as Split Payments, the feature is set to launch for U.S. users next week.