Cohen & Steers Preferred Securities & Income Fund (CPXAX)
The investment objective of Cohen & Steers Preferred Securities & Income Fund is to seek total return. The mutual fund utilizes its assets to purchase a portfolio of preferred and debt securities issued by U.S. and non-U.S. companies. It also will invest >25% of its net assets in the financials sector including bank, diversified financials, real estate and real estate investment trusts (REITs), and insurance industries. The fund may invest without limit in securities of non-U.S. companies, which may be non-U.S. dollar denominated, including up to 15% of the fund's net assets in securities issued by companies domiciled in emerging market countries. It is non-diversified.
Fund Details
fund details |
- Fund Inception Date: May 2, 2010
- Ticker Symbol: CPXAX
- CUSIP: 19248X109
- Beta (3yr): N/A
- Rank in category (YTD): 15%
- Category: Long-Term Bond
- Yield: 5.98%
- Capital Gains: 0%
- Expense Ratio: 1.10%
- Net Assets: $ 1.9 billion
- Number of Years Up: 2 years
- Number of Years Down: 0 years
- Average Duration: 7.4 years
- Annual Turnover Rate: 39%