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Address And Details

280 Park Avenue, 10th Fl , New York, NY 10017
Fund Manager William Scapell
Manager Tenure 11 Years 7 Months

Strategy And Objective

The investment objective of Cohen & Steers Preferred Securities and Income Fund, Inc. (the Fund) is to seek total return (high current income and capital appreciation). The Fund pursues its objective primarily by investing in issues of preferred and debt securities believed to be undervalued relative to credit quality and other investment characteristics. In making this determination, the Advisor evaluates the fundamental characteristics of an issuer, including an issuers creditworthiness, and also takes into account prevailing market factors. In analyzing credit quality, the Advisor considers not only fundamental analysis, but also an issuers corporate and capital structure and the placement of the preferred or debt securities within that structure. In evaluating relative value, the Advisor also takes into account call, conversion and other structural security features, in addition touch factors as the likely directions of credit ratings and relative value versus other income security classes. The Advisor also incorporates relevant environmental, social and governance (ESG) factors. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of preferred and debt securities issued by U.S. and non-U.S. companies, including traditional preferred securities; hybrid preferred securities that have investment and economic characteristics of both preferred stock and debt securities; floating rate preferred securities; corporate debt securities; convertible securities; contingent capital securities (Cocos); and securities of other open-end, closed-end or exchange-traded funds (ETFs) that invest primarily in preferred and/or debt securities as described herein. To the extent the Fund invests in securities of other open-end, closed-end or ETFs, the Fund will consider the investments of these funds, to the extent known by the Fund, in determining compliance with this policy. The Fund may also invest in certain restricted securities including securities that are only eligible for resale pursuant to Rule 144A under the Securities Act of 1933 (the Securities Act) (referred to as Rule 144A Securities) and securities of U.S. and on-U.S. issuers that are issued through private offerings without registration with the Securities and Exchange Commission (the SEC) pursuant to Regulation S under the Securities Act. The Fund also will invest at least 25% of its net assets in the financial sector, which is comprised of the bank, diversified financials, real estate (including real estate investment trusts (REITs) and insurance industries. From time to time, the Fund may have 25% or more of its net assets invested in any one of these industries. In addition, the Fund also may focus its investments in other sectors or industries, such as (but not limited to) energy, industrials, utilities, pipelines, health care and telecommunications.

Net Asset Value

as of 5:51 PM ET 12/06/2021

Performance

  • 1 Week
  • -0.14%
  • 1 Month
  • -1.68%
  • 3 Months
  • -2.76%
  • 1 Yr Return
  • -1.61%
  • 5 Yr Return
  • +5.31%

Equity Sector Breakdown

Finance 67.36%
Energy 7.08%
Utilities 6.10%
Technology 1.31%
IndustrialCyclical 1.09%
RetailTrade 1.04%
ConsumerDurables n/a
Health n/a
NonDurables n/a
Services n/a

Asset Allocation

Asset Type % Of Allocation
Preferred 90.60%
Stocks 6.80%
Convertible 0.11%
Cash 0.00%
Bonds 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 1.23 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -1.35 -1.72 1.95
Beta 0.42 0.38 0.33
R Squared 0.57 0.49 0.41
Std Deviation 10.30 8.33 6.74
Sharpe Ratio 0.72 0.60 n/a

Purchase Information

as of 5:55 PM ET 12/03/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +3.17%
  • +9.04%
+3.17% +9.04%
3 Year
  • +8.08%
  • +7.60%
+8.08% +7.60%
10 Year
  • +7.75%
  • +8.05%
+7.75% +8.05%
Life Of Fund
  • +7.60%
  • +7.86%
+7.60% +7.86%

Top 10 Holdings

Symbol Company Name % Of Assets
JPMpA JP MORGAN CHASE & CO 4.54%
BAC BANK OF AMERICA CORP 4.07%
C CITIGROUP INC 3.98%
WFC WELLS FARGO & CO 3.63%
CSGN:SW CREDIT SUISSE GROUP AG 3.55%
V0000 ~SOCIETE GENERALE DE FRANCE S 2.57%
ENB ENBRIDGE INC 2.16%
TRP TRANSCANADA CORP 1.78%
TFC TRUIST FINANCIAL CORP 1.71%
BCS BARCLAYS PLC 1.68%

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