Small-cap stocks were down Friday afternoon as interest rates in the bond market rose. The Russell 2000, a gauge of small-cap U.S. stocks, was slumping 0.9%, according to FactSet data, at last check.

Cohen & Steers Limited Duration Preferred and Income Fund remains a hold, reflecting its sensitivity to interest rates and concentrated banking sector exposure. LDP trades at a 4.3% discount to NAV, ...

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