Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Cohen & Steers Low Duration Pref & Inc C LPXCX
- NAV / 1-Day Return 9.21 / −0.11 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.600%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 3.94%
- Effective Duration —
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis LPXCX
Will LPXCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
State Street Instl Treasury MMkt Premier | 3.05 | 55.5 Mil | Cash and Equivalents |
The Charles Schwab Corporation 5.375% | 2.27 | 41.3 Mil | Corporate |
Bank of America Corp. 6.1% | 1.84 | 33.6 Mil | Corporate |
Emera Inc 6.75% | 1.80 | 32.8 Mil | Corporate |
SPDR® Portfolio Short Term Corp Bd ETF | 1.63 | 29.8 Mil | — |
Energy Transfer LP FXDFR PRF PERPETUAL USD 25 - Ser E | 1.52 | 27.7 Mil | Energy |
JPMorgan Chase & Co. 6.875% | 1.50 | 27.2 Mil | Corporate |
Nippon Life Insurance Co. 5.1% | 1.45 | 26.5 Mil | Corporate |
Dai-ichi Life Holdings Inc. 5.1% | 1.37 | 24.9 Mil | Corporate |
Enbridge Inc. 8.25% | 1.37 | 24.9 Mil | Corporate |