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.
Cohen & Steers Preferred Sec & Inc A CPXAX
- NAV / 1-Day Return 12.04 / −0.14 %
- Total Assets 7.9 Bil
-
Adj. Expense Ratio
- 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 5.35%
- Effective Duration 3.63 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Wells Fargo & Co. 3.9% | 2.15 | 161.7 Mil | Corporate |
iShares Preferred&Income Securities ETF | 2.03 | 152.8 Mil | — |
BP Capital Markets PLC 4.875% | 1.29 | 97.2 Mil | Corporate |
The Charles Schwab Corporation 4% | 1.23 | 92.8 Mil | Corporate |
Citigroup Inc. 3.875% | 1.15 | 86.6 Mil | Corporate |
BNP Paribas SA 7.75% | 1.14 | 86.1 Mil | Corporate |
MetLife Capital Trust IV 7.875% | 1.05 | 79.2 Mil | Corporate |
UBS Group AG 9.25% | 1.03 | 77.8 Mil | Corporate |
Emera Inc 6.75% | 1.02 | 76.9 Mil | Corporate |
The Charles Schwab Corporation 4% | 0.96 | 72.3 Mil | Corporate |