The Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) is an actively managed investment vehicle designed to achieve substantial current income alongside potential for capital appreciation. Its primary focus is on short-duration, income-generating preferred and other debt-like instruments originating from global corporations. This encompasses a range of security types, such as conventional, hybrid, and variable-rate preferred shares, as well as convertible bonds and contingent capital notes. CSSD intends to allocate a minimum of 50% of its net assets to investment-grade holdings, with the flexibility to commit up to 50% to high-yield instruments. Portfolio construction involves a thorough assessment of an issuer's underlying financial health, particularly its credit profile, in conjunction with an analysis of broader market dynamics. Environmental, Social, and Governance (ESG) considerations may also inform investment selections. Regarding sector and geographic allocation, the ETF has the potential to dedicate 25% or more of its net assets to the financials sector, can commit up to 15% to offerings from emerging market entities, and aims to maintain an overall exposure of at least 40% to non-U.S. securities. Currency exposure for non-USD denominated assets is typically hedged back to the U.S. Dollar.
What is Cohen & Steers Short Duration Preferred and Income Active stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Boats exchange Cohen & Steers Short Duration Preferred and Income Active stocks are traded under the ticker CSSD.BOATS.
Does Cohen & Steers Short Duration Preferred and Income Active pay dividends?▼
Yes, CSSD.BOATS dividends are paid monthly. The last dividend per share was 0.12 . As of today, Dividend Yield (FWD)% is 0%.
In which sector is Cohen & Steers Short Duration Preferred and Income Active located?▼
Cohen & Steers Short Duration Preferred and Income Active operates in the Other sector.
When did Cohen & Steers Short Duration Preferred and Income Active complete a stock split?▼
Cohen & Steers Short Duration Preferred and Income Active has not had any recent stock splits.