Business Description
Cohen & Steers Select Preferred and Income Fund is a US-based closed-end fund that invests in fixed income securities worldwide, including preferred stocks, corporate debt, and convertible securities with maturities of ten years or more. The fund may borrow up to one-third of its managed assets to enhance returns and can also hold positions in other funds focused on preferred and debt securities. Investment decisions are guided by fundamental analysis, with close attention paid to each issuer's financial strength, market conditions, and capital structure. The fund has been operating since August 2010 and measures its results against several fixed income benchmarks.
