Is Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. (LDP) Halal?

NYSE Financial Services United States $567M
✗ NOT HALAL
Confidence: 95/100
Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. (LDP) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
8.8
EPS
$2.21
Dividend Yield
807.0%
Payout: 71.1%
Revenue
$86M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$45M
Free Cash Flow$45M
Total Debt$315M
Total Assets$954M

Price & Trading

Last Close$19.92
50-Day MA$20.99
200-Day MA$21.26
Avg Volume75K
52-Week Range
$18.38
$22.05

About Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. (LDP)

CEO
Mr. Adam M. Derechin C.F.A.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$567M
Currency
USD

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. is a closed-ended fixed income fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in fixed income markets across the globe. The fund uses derivatives like interest rate swaps to make its investments. It seeks to invest in companies that are operating across financial sectors including banks, diversified financials, real estate, and insurance industries. The fund primarily invests in floating-rate and fixed-to-floating-rate preferred securities, preferred securities, traditional preferred securities, hybrid-preferred securities, debt securities, and convertible securities. It employs fundamental analysis, with a focus on issuers' creditworthiness, and prevailing market factors to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch Capital Securities Index and a composite benchmark of 75% BofA Merrill Lynch Capital Securities Index and 25% BofA Merrill Lynch 7% Constrained Adjustable Rate Preferred Securities Index. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. fund was formed on May 1, 2012 and is domiciled in the United States.

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Frequently Asked Questions

Is Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. (LDP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Cohen & Steers Ltd Duration Preferred & Income Fund, Inc.'s debt ratio?

Cohen & Steers Ltd Duration Preferred & Income Fund, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Cohen & Steers Ltd Duration Preferred & Income Fund, Inc.'s key financial metrics?

Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. has a market capitalization of $567M, trailing P/E ratio of 8.8, and revenue of $86M.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.