The Cohen & Steers Select Preferred and Income Fund, Inc. operates as a closed-end mutual fund concentrating on fixed income investments, established by Cohen & Steers Inc., with management responsibilities handled by Cohen & Steers Capital Management, Inc. The fund allocates its capital to fixed income instruments globally. A segment of its portfolio may also be deployed into other investment vehicles, such as open-end funds, closed-end funds, or exchange-traded funds (ETFs), which predominantly focus on preferred and/or debt instruments. Its investment objective involves targeting traditional, hybrid, and floating-rate preferred securities, along with corporate debt and convertible securities, specifically those with a maturity period of at least ten years. The fund is authorized to employ financial leverage, borrowing up to 33.33% of its managed assets. Its investment methodology relies on fundamental analysis, evaluating criteria such as an issuer's financial soundness, current market conditions, the issuer's corporate and capital framework, and the positioning of preferred or debt securities within that framework. To gauge its performance, the portfolio is benchmarked against the BofA Merrill Lynch Fixed Rate Preferred Index, the Barclays Capital U.S. Aggregate Bond Index, and a custom composite index composed of equal parts of the BofA Merrill Lynch US Capital Securities Index and the BofA Merrill Lynch Fixed Rate Preferred Index. Established on August 16, 2010, the Cohen & Steers Select Preferred and Income Fund, Inc. is headquartered in the United States.
What is Cohen & Steers Select Preferred and Income Fund stock price today?▼
The current price of XPSFX is $21.83 USD — it has increased by +0.37% in the past 24 hours. Watch Cohen & Steers Select Preferred and Income Fund stock price performance more closely on the chart.
What is Cohen & Steers Select Preferred and Income Fund stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Cohen & Steers Select Preferred and Income Fund stocks are traded under the ticker XPSFX.
Is Cohen & Steers Select Preferred and Income Fund stock price growing?▼
XPSFX stock has risen by +0.74% compared to the previous week, the month change is a +0.46% rise, over the last year Cohen & Steers Select Preferred and Income Fund has showed a +2.34% increase.
Does Cohen & Steers Select Preferred and Income Fund pay dividends?▼
Yes, XPSFX dividends are paid monthly. The last dividend per share was 0.13 USD. As of today, Dividend Yield (FWD)% is 6.95%.
In which sector is Cohen & Steers Select Preferred and Income Fund located?▼
Cohen & Steers Select Preferred and Income Fund operates in the Other sector.
When did Cohen & Steers Select Preferred and Income Fund complete a stock split?▼
Cohen & Steers Select Preferred and Income Fund has not had any recent stock splits.