KIFAX vs. LPXZX
Compare and contrast key facts about Salient Select Income Fund (KIFAX) and Cohen & Steers Low Duration Preferred and Income Fund (LPXZX).
KIFAX is managed by Salient Funds. It was launched on Mar 29, 2001. LPXZX is managed by Cohen & Steers. It was launched on Nov 29, 2015.
Performance
KIFAX vs. LPXZX - Performance Comparison
Loading graphics...
KIFAX vs. LPXZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KIFAX Salient Select Income Fund | -2.46% | 1.49% | 6.73% | 14.45% | -15.79% | 14.98% | -3.07% | 18.13% | -8.76% | 1.47% |
LPXZX Cohen & Steers Low Duration Preferred and Income Fund | -0.77% | 6.89% | 8.75% | 6.91% | -5.78% | 2.08% | 4.27% | 11.38% | -1.44% | 5.82% |
Returns By Period
In the year-to-date period, KIFAX achieves a -2.46% return, which is significantly lower than LPXZX's -0.77% return. Over the past 10 years, KIFAX has underperformed LPXZX with an annualized return of 3.30%, while LPXZX has yielded a comparatively higher 4.14% annualized return.
KIFAX
- 1D
- 0.40%
- 1M
- -3.29%
- YTD
- -2.46%
- 6M
- -3.90%
- 1Y
- 1.38%
- 3Y*
- 5.75%
- 5Y*
- 2.22%
- 10Y*
- 3.30%
LPXZX
- 1D
- 0.00%
- 1M
- -1.88%
- YTD
- -0.77%
- 6M
- -0.06%
- 1Y
- 4.51%
- 3Y*
- 7.62%
- 5Y*
- 3.40%
- 10Y*
- 4.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KIFAX vs. LPXZX - Expense Ratio Comparison
KIFAX has a 1.53% expense ratio, which is higher than LPXZX's 0.60% expense ratio.
Return for Risk
KIFAX vs. LPXZX — Risk / Return Rank
KIFAX
LPXZX
KIFAX vs. LPXZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Salient Select Income Fund (KIFAX) and Cohen & Steers Low Duration Preferred and Income Fund (LPXZX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KIFAX | LPXZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.11 | 2.05 | -1.93 |
Sortino ratioReturn per unit of downside risk | 0.21 | 2.58 | -2.37 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.52 | -0.49 |
Calmar ratioReturn relative to maximum drawdown | 0.08 | 2.11 | -2.03 |
Martin ratioReturn relative to average drawdown | 0.24 | 8.95 | -8.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KIFAX | LPXZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | 2.05 | -1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 1.28 | -1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 1.10 | -0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 1.05 | -0.58 |
Correlation
The correlation between KIFAX and LPXZX is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
KIFAX vs. LPXZX - Dividend Comparison
KIFAX's dividend yield for the trailing twelve months is around 7.77%, more than LPXZX's 4.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KIFAX Salient Select Income Fund | 7.77% | 7.48% | 6.88% | 6.50% | 4.62% | 4.72% | 4.62% | 5.04% | 6.00% | 9.13% | 6.40% | 12.33% |
LPXZX Cohen & Steers Low Duration Preferred and Income Fund | 4.59% | 4.84% | 5.10% | 4.92% | 4.45% | 4.21% | 4.36% | 4.51% | 4.71% | 3.78% | 4.10% | 0.00% |
Drawdowns
KIFAX vs. LPXZX - Drawdown Comparison
The maximum KIFAX drawdown since its inception was -70.56%, which is greater than LPXZX's maximum drawdown of -18.13%. Use the drawdown chart below to compare losses from any high point for KIFAX and LPXZX.
Loading graphics...
Drawdown Indicators
| KIFAX | LPXZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -18.13% | -52.43% |
Max Drawdown (1Y)Largest decline over 1 year | -6.65% | -2.14% | -4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -20.46% | -9.69% | -10.77% |
Max Drawdown (10Y)Largest decline over 10 years | -45.84% | -18.13% | -27.71% |
Current DrawdownCurrent decline from peak | -5.92% | -2.14% | -3.78% |
Average DrawdownAverage peak-to-trough decline | -6.99% | -1.50% | -5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 0.50% | +1.79% |
Volatility
KIFAX vs. LPXZX - Volatility Comparison
Salient Select Income Fund (KIFAX) has a higher volatility of 2.15% compared to Cohen & Steers Low Duration Preferred and Income Fund (LPXZX) at 0.87%. This indicates that KIFAX's price experiences larger fluctuations and is considered to be riskier than LPXZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KIFAX | LPXZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.15% | 0.87% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 4.18% | 1.40% | +2.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.19% | 2.23% | +5.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.99% | 2.68% | +6.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.18% | 3.77% | +10.41% |