LDP CEF — Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Limited Duration Preferred and Income Fund (LDP)

Updated November 12, 2026.

LDP is a CEF. Its distribution rate is 8.41%, its trailing-12-month yield is 8.41%, its expense ratio is 1.8752%. Dividend Vision Distribution Safety Score™ is 80/100 (Safe). Total return is 129.4% over the past 14.3 years, 468.4 points behind SPY at 597.8%.

At the current 8.41% distribution rate, a $10,000 investment would generate approximately $841 per year, or $70.08 per month.

Cohen & Steers Limited Duration Preferred and Income is a closed-end fund that invests primarily in floating-rate and fixed-rate preferred securities, hybrid-preferred securities, and debt securities issued by financial services companies, using interest rate derivatives to manage interest rate risk. The fund distributes income monthly and focuses on issuers in banking, diversified financials, real estate, and insurance sectors through fundamental credit analysis. It appeals to income-focused investors seeking regular monthly distributions from preferred and fixed income securities.

LDP performance versus SPY

As of Nov 12, 2026

Total return is 129.4% over the past 14.3 years, 468.4 points behind SPY at 597.8%. Over the past year its total return — price change plus distributions reinvested — is -7.0%. Its deepest 1-year drawdown was 10.2%.

LDP key facts

Distribution Safety Score™

80 · Safe

Safety-Adjusted Yield

6.73%

Issuer

Cohen & Steers

Asset type

CEF

Asset class

Fixed Income

Inception date

07/27/2012

Expense ratio

1.8752%

Distribution rate

8.41%

Distribution frequency

Monthly

Trailing yield

8.41%

5-year average yield

7.92

Last close

$18.69 (as of 2026-11-12)

NAV

$20.40; NAV date unknown

Premium / discount

Premium not shown · NAV date unknown

Market cap

$551,923,648

Average volume

148,369

Dividend

$0.131

Ex-dividend date

11/10/2026

Payment date

11/30/2026

Beta

0.4551

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (8.41%) uses latest regular dividend ($0.131) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (8.41%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Cohen & Steers; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

LDP risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.2%.

Who may consider LDP — and who may not

LDP may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on LDP

• CEFs going ex-dividend this week
• All tickers starting with L

Tagged: CEF, Preferred Stock, Fixed Income, Floating Rate.

Frequently asked questions

More securities from Cohen & Steers.