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Stock impact report

LDP: This Fund Should Outperform Preferred Stock ETFs If The Fed Keeps Cutting [Seeking Alpha]

Cohen & Steers Inc (CNS) 
Last cohen & steers inc earnings: 4/22 04:23 pm Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/cohen_(surname)
Company Research Source: Seeking Alpha
LDP's leverage and foreign currency-denominated preferreds position it to benefit if the Fed continues rate cuts and the U.S. dollar weakens. While the fund's distribution is mostly covered by investment income and realized gains, some reliance on unrealized gains introduces modest sustainability risk. LDP trades at a 4.16% discount to NAV, is competitively valued among peers, but its five-year real returns have been questionable. ahei/iStock via Getty Images The Cohen & Steers Limited Duration Preferred and Income Fund ( LDP ) is a closed-end fund that primarily invests in preferred stocks. Preferred stocks have, in general, not been as responsive to the Federal Reserve's interest rate cuts as More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general Show less Read more
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