Business Description
This U.S.-based closed-end fund, established in 2006 and managed by Cohen & Steers Capital Management, gains exposure to public markets by holding positions in other funds rather than individual securities. Its strategy focuses on identifying undervalued funds?typically those with a market capitalization above $200 million?that operate across a range of asset types, including equities, real estate, energy, convertible securities, and high-yield and preferred income instruments. Investment decisions are guided by quantitative research conducted internally, with portfolio performance measured against the S&P 500 Index and the Morningstar U.S. All Taxable Ex-Foreign Equity Index.
