LDP News and Press, Cohen & Steers Limited Duration Preferred and Income Fund Inc. From 01/21/23

Summary We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row. We look at the key lessons of 2022 that can guide investors in their ...

Summary PTA continues to trade at an attractive discount for what should be a relatively safer fund being invested in preferred holdings. They recently increased their distribution heading into the new year, which is great to see, although their coverage is coming in light. On the o...

Summary Gradually growing income levels of income portfolios is a goal of many income investors. In this article, we discuss some of the typical but unsustainable ways some investors pursue this goal which often results in disappointment. And highlight a few more sustainable alterna...

Summary We review CEF market valuation and performance through the first week of November and highlight recent market action. CEFs were broadly flat on the week with equity-linked sectors underperforming. We discuss some of the key questions surrounding the tax-loss season. ...

Summary PTA launched near the end of 2020 and is now trading near an all-time wide discount. Interest rate increases have continued to pressure this fund, and the discount widening makes it look worse. For an income investor, this could be presenting an opportunity to invest i...

As contrarian income seekers we buy when yields are high and prices are low. Today, we’re going to explore a three-pack of dividend funds that pays 8.5%. This is “retire in style” income. We put a million dollars in these plays and get paid $85,000 per year. Plus, w...

Summary Cohen & Steers Limited Duration Preferred & Income Fund 'LDP' is a fixed income closed-end fund. The vehicle focuses on bank and insurance-preferred securities. The fund has a granular build with a well-balanced credit rating profile. Despite its 2.7-year d...

Summary High-yield corporate bond yields are approaching 10%. When this happened this century, forward returns were almost universally positive over 1-3 years. We also consider why the current environment may not be a repeat of the past and what this means for investor allocations...

Summary Recent market volatility has opened up valuation divergences between very similar CEFs, creating opportunities for switches or outright holds. This offers income investors an opportunity to pick up additional yield, adopt a more defensive stance and generate alpha in their...

Summary The market environment of high volatility and rising short-term rates has lowered the income-generating capacity of most CEFs. In this article, we highlight the five types of CEFs whose incomes have either been unaffected or have actually improved this year. We also hi...