Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (ticker: PTA) is a closed-end fixed income mutual fund launched by Cohen & Steers, Inc. and managed by Cohen & Steers Capital Management, Inc. The fund invests primarily in preferred stock and debt securities, including floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, and contingent capital securities. It focuses on securities rated BBB- or above by S&P and can invest in any maturity. The fund employs fundamental analysis to construct its portfolio. Its objective is to provide tax-advantaged income by investing in preferred securities and related instruments across global fixed income markets.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) is listed on the New York Stock Exchange (NYSE). The fund trades in U.S. dollars (USD), which is the currency of its domicile, the United States. Being listed on the NYSE provides investors with liquidity and access to one of the world's largest stock exchanges. The fund's shares can be bought and sold during regular trading hours, and its price is quoted in USD. As a closed-end fund, its market price may differ from its net asset value (NAV) due to supply and demand dynamics.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) operates in the Financial Services sector and is classified under the Asset Management industry. As an asset management company, it pools capital from investors and invests in a diversified portfolio of preferred securities and fixed-income instruments. The fund is managed by Cohen & Steers Capital Management, Inc., a subsidiary of Cohen & Steers, Inc., which is a global investment manager specializing in real assets and alternative income. The fund's focus on tax-advantaged preferred securities aligns with the broader asset management industry's goal of generating income for shareholders.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) is domiciled in the United States, specifically in the region designated as 'us'. The fund invests in fixed income markets of the global region, meaning it seeks opportunities in preferred securities and debt instruments issued by companies worldwide, though it is managed from the United States. As a U.S.-domiciled fund, it is subject to U.S. securities regulations and tax laws. The fund's investment strategy targets global markets, allowing it to diversify across different geographies while providing tax-advantaged income to its shareholders, primarily U.S. investors.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) generates returns primarily through income from its investments in preferred securities and debt instruments. The fund invests directly and through derivatives in a variety of securities, including preferred stock, floating-rate and fixed-to-floating-rate preferred securities, corporate debt, convertible securities, and contingent capital securities. It focuses on investment-grade securities rated BBB- or above by S&P. The fund employs fundamental analysis to select securities and manages a portfolio with no specific maturity constraints. By investing in tax-advantaged preferred securities, the fund aims to provide shareholders with regular income that may be taxed at favorable rates. The fund was formed on October 26, 2020, and has since focused on generating income through a diversified portfolio of preferred and fixed-income securities.