Daphne Richards - Cohen Steers Independent Director

LDP Fund  USD 20.82  0.15  0.72%   
Daphne Richards is Fund Manager at Cohen Steers Limited
Age 54
Tenure 7 years
Phone212-832-3232
Webhttps://www.cohenandsteers.com/funds/details/limited-duration-preferred-and-income-fund

Cohen Steers Management Performance (%)

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Cohen Steers Limited Duration Preferred and Income Fund, Inc. is a closed-ended fixed income fund launched by Cohen Steers, Inc. Cohen Steers Limited Duration Preferred and Income Fund, Inc. fund was formed on May 1, 2012 and is domiciled in the United States. Cohen Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Cohen Steers Limited Leadership Team

Elected by the shareholders, the Cohen Steers' board of directors comprises two types of representatives: Cohen Steers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cohen. The board's role is to monitor Cohen Steers' management team and ensure that shareholders' interests are well served. Cohen Steers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cohen Steers' outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Derechin, President, Chief Executive Officer
Robert Steers, Co-Chairman of the Board
William Scapell, Vice President
Albert Laskaj, Treasurer
Stephen Murphy, Chief Compliance Officer, Vice President
Michael Clark, Lead Independent Director
Dana DeVivo, Secretary, Chief Legal Officer
James Giallanza, CFO, Principal Accounting Officer and Treasurer
Lisa Phelan, Chief Compliance Officer
Gerald Maginnis, Independent Director
Ramona RogersWindsor, Independent Director
Daphne Richards, Independent Director
Dean Junkans, Independent Director
George Grossman, Independent Director
C Ward, Independent Director
Joseph Harvey, Vice President, Acting Chairman of the Board
Elaine ZaharisNikas, Vice President
Jane Magpiong, Independent Director

Cohen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Cohen Steers a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cohen Steers

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cohen Steers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cohen Steers will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cohen Fund

  0.66PEO Adams Natural ResourcesPairCorr
  0.74ERH Allspring Utilities AndPairCorr

Moving against Cohen Fund

  0.74VVR Invesco Senior IncomePairCorr
  0.68BA Boeing Fiscal Year End 29th of January 2025 PairCorr
  0.42JNJ Johnson Johnson Sell-off TrendPairCorr
  0.41MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
The ability to find closely correlated positions to Cohen Steers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cohen Steers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cohen Steers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cohen Steers Limited to buy it.
The correlation of Cohen Steers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cohen Steers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohen Steers Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cohen Steers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Cohen Fund

Cohen Steers financial ratios help investors to determine whether Cohen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cohen with respect to the benefits of owning Cohen Steers security.
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