CPXIX: Cohen & Steers Preferred Securities and Income Fund, Inc. - MutualFunds.com

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Cohen & Steers Preferred Sec & Inc I

CPXIX - Snapshot

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return 4.7%
  • 5 Yr Annualized Return 6.1%
  • Net Assets $10.4 B
  • Holdings in Top 10 13.0%

52 WEEK LOW AND HIGH

$14.33
$10.85
$14.64

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 47.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Preferred Stock

Compare CPXIX to Popular Preferred Stock Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$37.82

+0.19%

$17.55 B

5.18%

$1.96

0.61%

-

$14.34

+0.07%

$10.36 B

5.23%

$0.75

0.35%

-

$10.40

0.00%

$7.59 B

4.58%

$0.48

0.00%

-

$15.08

+0.07%

$6.42 B

4.98%

$0.75

0.47%

-

$19.98

+0.35%

$5.43 B

5.04%

$1.00

-0.45%

-

CPXIX - Profile

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.60%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Cohen & Steers Preferred Securities and Income Fund, Inc.
  • Fund Family Name
    Cohen & Steers
  • Inception Date
    May 03, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Scapell

Fund Description

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. It also will invest at least 25% of its net assets in the financial sector. 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.


CPXIX - Performance

Return Ranking - Trailing

Period CPXIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -79.6% 4.4% 20.48%
1 Yr 3.2% -27.1% 5.0% 12.05%
3 Yr 4.7%* -7.9% 6.0% 23.68%
5 Yr 6.1%* -2.4% 8.4% 27.69%
10 Yr 7.6%* 4.5% 10.6% 23.08%

* Annualized

Return Ranking - Calendar

Period CPXIX Return Category Return Low Category Return High Rank in Category (%)
2019 11.8% 2.3% 20.1% 53.75%
2018 -9.8% -19.0% -5.7% 41.10%
2017 5.4% -7.3% 18.5% 35.82%
2016 -1.2% -6.1% 6.5% 61.54%
2015 0.1% -28.6% 3.1% 19.30%

Total Return Ranking - Trailing

Period CPXIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -26.0% 4.4% 21.69%
1 Yr 3.2% -30.3% 5.0% 12.05%
3 Yr 4.7%* -8.9% 6.0% 22.37%
5 Yr 6.1%* -2.7% 8.4% 27.69%
10 Yr 7.6%* 4.5% 10.6% 23.08%

* Annualized

Total Return Ranking - Calendar

Period CPXIX Return Category Return Low Category Return High Rank in Category (%)
2019 12.9% 2.3% 20.1% 43.75%
2018 -5.1% -19.0% -1.8% 10.96%
2017 11.4% -5.0% 18.5% 7.46%
2016 4.6% -6.1% 20.1% 16.92%
2015 6.2% -28.6% 6.2% 1.75%

NAV & Total Return History


CPXIX - Holdings

Concentration Analysis

CPXIX Category Low Category High CPXIX % Rank
Net Assets 10.4 B 2.6 M 17.6 B 5.81%
Number of Holdings 287 47 522 18.60%
Net Assets in Top 10 1.29 B -276 M 2.42 B 5.81%
Weighting of Top 10 13.01% 13.0% 66.4% 97.67%

Top 10 Holdings

  1. State Street Instl Treasury MMkt Instl 2.71%
  2. BP Capital Markets plc 4.88% 1.56%
  3. EMERA INCORPORATED 6.75% 1.30%
  4. Bank of America Corporation 5.88% 1.17%
  5. The Charles Schwab Corporation 5.38% 1.13%
  6. MetLife Inc. 9.25% 1.09%
  7. Credit Suisse Group AG 7.5% 1.05%
  8. Southern Company 0% 1.04%
  9. JPMorgan Chase & Co Deposit Shs Repr 1/10th Non-Cum Perp Pfd Shs Series -S- 1.04%
  10. TransCanada Trust 5.5% 1.03%

Asset Allocation

Weighting Return Low Return High CPXIX % Rank
Bonds
54.04% -1.16% 77.03% 20.93%
Preferred Stocks
22.55% 1.27% 120.98% 62.79%
Convertible Bonds
20.01% 0.00% 46.42% 48.84%
Cash
3.13% -28.41% 6.56% 25.58%
Other
0.27% 0.00% 13.70% 58.14%
Stocks
0.00% -0.82% 48.53% 95.35%

Bond Sector Breakdown

Weighting Return Low Return High CPXIX % Rank
Corporate
96.32% 70.64% 100.00% 53.49%
Cash & Equivalents
3.27% 0.00% 8.90% 30.23%
Government
0.41% 0.00% 21.36% 59.30%
Derivative
0.00% 0.00% 18.89% 97.67%
Securitized
0.00% 0.00% 0.04% 97.67%
Municipal
0.00% 0.00% 0.00% 97.67%

Bond Geographic Breakdown

Weighting Return Low Return High CPXIX % Rank
US
31.93% -9.85% 57.70% 50.00%
Non US
22.11% 0.00% 29.86% 10.47%

CPXIX - Expenses

Operational Fees

CPXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.24% 4.46% 74.70%
Management Fee 0.70% 0.00% 1.21% 60.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.55% 50.00%

Sales Fees

CPXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

CPXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CPXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 5.67% 153.00% 65.48%

CPXIX - Distributions

Dividend Yield Analysis

CPXIX Category Low Category High CPXIX % Rank
Dividend Yield 0.00% 0.00% 6.57% 97.65%

Dividend Distribution Analysis

CPXIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

CPXIX Category Low Category High CPXIX % Rank
Net Income Ratio 4.60% 1.54% 7.26% 54.22%

Capital Gain Distribution Analysis

CPXIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

CPXIX - Fund Manager Analysis

Managers

William Scapell


Start Date

Tenure

Tenure Rank

May 03, 2010

10.5

10.5%

William Scapell, CFA, Executive Vice President, is Head of Fixed Income and Preferred Securities and a senior portfolio manager for the firm’s preferred securities portfolios. He has 28 years of investment experience. Prior to joining Cohen & Steers in 2003, Mr. Scapell worked in the fixed income research department at Merrill Lynch, where he was their chief strategist for preferred securities for three years, and a vice president in corporate finance and treasury department for two years. Previously, he held bank supervision and monetary policy roles at the Federal Reserve Bank of New York for five years. Mr. Scapell holds a BA from Vassar College and an MA from Columbia University's School of International and Public Affairs. He is based in New York.

Elaine Zaharis-Nikas


Start Date

Tenure

Tenure Rank

Jan 14, 2015

5.8

5.8%

Elaine Zaharis-Nikas, CFA, Senior Vice President, is a senior portfolio manager for fixed income and preferred securities portfolios and has analyst coverage responsibilities for European and Latin American banks. She has 21 years of investment experience. Prior to joining Cohen & Steers in 2003, Ms. Zaharis-Nikas worked at J.P. Morgan Chase for five years as a credit analyst and J.P. Morgan for three years as an internal auditor. Ms. Zaharis-Nikas holds a BS from New York University. She is based in New York.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.36 28.73 7.52 9.84
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