(LDP) Cohen & Steers Duration - Ratings and Ratios

The Cohen & Steers Limited Duration Preferred and Income Closed Fund is a USA-originated investment fund specializing in preferred stock, traded on the NYSE under the ticker symbol LDP. As a closed-end fund, it is designed to provide investors with a stable income stream and potentially lower volatility compared to common stock investments.

Analyzing the funds recent performance, we observe that it is currently trading at $20.11, slightly above its short-term and long-term moving averages, indicating a positive trend. The Average True Range (ATR) of 0.34, or 1.70%, suggests moderate daily price volatility. Over the past 52 weeks, the funds price has fluctuated between $18.08 and $20.91, showcasing its resilience during market fluctuations.

With Assets Under Management (AUM) totaling $622.52 million, the fund demonstrates a considerable presence in the market. Its focus on preferred stock allows it to capitalize on the relatively stable income generated by these securities, making it an attractive option for investors seeking regular returns.

By examining the funds technical and fundamental data, we can forecast its potential future performance. Given its current price is near the upper end of its 52-week range and above its moving averages, a slight correction or consolidation might be expected. However, the overall trend appears positive. If the fund maintains its AUM and continues to attract investors, it may see further appreciation. A potential target could be $21.00, representing a 4.4% increase from its current price, assuming the market continues to support preferred stock investments and the funds management continues to effectively navigate the market.

Investors should closely monitor the funds dividend yield, payout ratio, and the overall interest rate environment, as these factors can significantly impact its attractiveness and performance. A rising interest rate environment might make the funds current yield more competitive, potentially driving its price higher. Conversely, a decline in interest rates could lead to increased demand for existing higher-yielding preferred stocks, also benefiting the fund.