Cohen & Steers Select Preferred and Income Fund

Cohen & Steers Select Preferred and Income Fund is a closed-end fund focused on generating high current income as its primary objective, with capital appreciation as a secondary goal. The fund invests predominantly—at least 80% of managed assets— in a diversified portfolio of preferred and other income securities issued by both U.S. and non-U.S. companies. The portfolio includes various types of preferred securities, such as institutional and retail preferreds, as well as some floating-rate preferred instruments, providing broad exposure across sectors like financials, utilities, and telecommunications. Managed by Cohen & Steers, a firm recognized for its expertise in real assets and alternative income strategies, this fund seeks to offer investors a way to access the traditionally higher yields of the preferred securities market, which may feature low correlation with traditional stocks and bonds. Its structure allows for regular income distributions, aiming to meet the needs of income-focused investors while also pursuing long-term capital stability within the fixed income universe. The fund is notable for its global diversification and active management approach within the preferred and hybrid securities landscape.