LPXIX Fees and Costs — Cohen & Steers Low Duration Preferred and Income Fund, Inc., Class I
Data updated: 2026-09-29
The net expense ratio is 0.60%: a 0.65% management fee plus 0.17% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $13K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 46%.
LPXIX Fees and Expenses
Annual operating expenses and sales charges of LPXIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LPXIX Costs Over Time
On $10,000 invested in LPXIX, assuming 5% a year before costs, total costs come to $379 over 5 years, cutting the return by 0.63% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $379 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
LPXIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
LPXIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $12K | 91.99% |
| Jefferies LLC | $1K | 7.66% |
| National Financial Services LLC | $46 | 0.34% |
LPXIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.4B | 56.89% |
| BNY Capital Markets, LLC | $167.3M | 6.72% |
| J.P. Morgan Securities LLC | $159.4M | 6.41% |
| BofA Securities, Inc. | $150.2M | 6.04% |
| Citigroup Global Markets Inc. | $118.2M | 4.75% |
| Goldman Sachs & Co. LLC | $111.8M | 4.49% |
| RBC Capital Markets, LLC | $100.5M | 4.04% |
| Barclays Capital Inc. | $92.6M | 3.72% |
| Mizuho Securities USA LLC | $86.9M | 3.49% |
| Wells Fargo Securities, LLC | $85.5M | 3.44% |
Cohen & Steers Low Duration Preferred and Income Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LPXFX | Class F | 0.60% | none |
| LPXIX | Class I | 0.60% | none |
| LPXZX | Class Z | 0.60% | none |
| LPXAX | Class A | 0.95% | 2.00% |
| LPXRX | Class R | 1.10% | none |
| LPXCX | Class C | 1.60% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.