Description

The Cohen & Steers Preferred Securities and Income Funds Inc. Class A (CPXAX) primarily focuses its investments by dedicating a minimum of 80% of its total investable capital (including any leveraged funds) to a diverse portfolio of preferred shares and debt instruments. These securities are sourced from both domestic (U.S.) and international corporations. A significant portion of its holdings, at least 25% of its net assets, is specifically directed towards companies within the financial services sector. The fund exhibits considerable flexibility regarding non-U.S. investments; there is no cap on its allocation to securities issued by companies located outside the United States, and these international holdings may also be denominated in currencies other than the U.S. dollar. Furthermore, it has the latitude to invest up to 15% of its net assets in securities originating from companies based in emerging market countries.