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Morningstar

Cohen & Steers Preferred Sec & Inc A CPXAX

Morningstar Medalist Rating
Medalist Rating as of | See Cohen & Steers Investment Hub
  • NAV / 1-Day Return 11.41  /  0.21 %
  • Total Assets 6.9 Bil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Preferred Stock
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 5.65%
  • Effective Duration 3.63 years

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:15 PM GMT+0

Morningstar’s Analysis CPXAX

Will CPXAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CPXAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the CPXAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of CPXAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Cohen& Steers Preferred Sec& Inc A's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CPXAX

More CPXAX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 157
  • Other Holdings 153
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Company 3.9%

2.14
152,836,081
Corporate

BP Capital Markets plc 4.875%

1.28
91,458,695
Corporate

Citigroup Inc. 3.875%

1.26
90,175,856
Corporate

The Charles Schwab Corporation 4%

1.26
89,750,131
Corporate

BNP Paribas SA 7.75%

1.18
84,231,149
Corporate

Emera Inc 6.75%

1.17
83,257,277
Corporate

MetLife Capital Trust IV 7.875%

1.07
76,297,089
Corporate

State Str Instl Invt Tr Treasury Plus Fd Premier Cl

1.01
72,297,509
Cash and Equivalents

Bank of America Corporation 6.1%

1.01
72,013,244
Corporate

Sempra 4.875%

0.95
67,777,715
Corporate