The Cohen & Steers Low Duration Preferred and Income Fund, Inc. Class R (LPXRX) is a mutual fund that focuses on investing in preferred securities and fixed-income instruments with shorter durations. This fund is managed by Cohen & Steers, a leading investment management firm known for its expertise in real estate and income-oriented strategies. The Class R shares of this fund are designed for retirement accounts and offer a lower expense ratio compared to other share classes. LPXRX aims to provide investors with a steady stream of income while also maintaining a low level of interest rate risk.