dollar-denominated preferred securities issued in the U.S. ICE BofA Core Fixed Rate Preferred Securities Index tracks the perforce of fixed rate U.S. The ICE BofA US IG Institutional Capital Securities Index is a subset of the ICE BofA US Corporate Index including off fixed-to-floating rate, perpetual callable and capita securities. domestic market, consisting of fixed-to-floating-rate, perpetual callable and capital securities. dollar-denominated investment-grade corporate debt publicly issued in the U.S. The ICE BofA Capital Securities Index tracks the performance of U.S. The ICE BofA Fixed Rate Preferred Securities Index tracks the performance of fixed-rate U.S. The S&P 500 Index is an unmanaged index of 500 large-capitalization stocks that is frequently used as a general measure of U.S. Without this arrangement, performance would be lower. Returns are historical and include change in share price and reinvestment of all distributions.ĭuring certain periods presented above, the advisor waived fees and/or reimbursed expenses. Periods greater than 12 months are annualized.
The investment return and the principal value of an investment will fluctuate and shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Past performance is no guarantee of future results. Performance data quoted represents past performance. **Blended benchmark consists of 50% ICE BofA Fixed Rate Preferred Securities Index and 50% ICE BofA Capital Securities Index since inception and through Decemand 60% ICE BofA US IG Institutional Capital Securities Index, 30% ICE BofA Core Fixed Rate Preferred Securities Index and 10% Bloomberg Developed Market USD Contingent Capital Index through Decem60% ICE BofA US IG Institutional Capital Securities Index, 20% ICE BofA Core Fixed Rate Preferred Securities Index and 20% Bloomberg Developed Market USD Contingent Capital Index through Maand 55% ICE BofA US IG Institutional Capital Securities Index, 20% ICE BofA Core Fixed Rate Preferred Securities Index, and 25% Bloomberg Developed Market USD Contingent Capital Index thereafter.īenchmark returns are shown for comparative purposes only and may not necessarily be representative of the Fund’s portfolio. * Maximum 3.75% sales charge returns for other share classes will differ due to differing expense structures and sales charges. Through June 30, 2024, Cohen & Steers Capital Management, Inc., the Fund’s investment advisor (the Advisor), has contractually agreed to waive its fee and/or reimburse expenses so that the Fund’s total annual operating expenses (excluding acquired fund fees and expenses, taxes and extraordinary expenses) do not exceed 1.20% for the Class A shares. ICE BofA Fixed Rate Preferred Securities IndexĬlass A Expense Ratio as disclosed in the May 1, 2022 prospectus: Investors are cautioned that some peer groups are inherently more volatile than others, and even Lipper Leaders for Consistent Return in the most volatile groups may not be well suited to shorter-term goals or less risk-tolerant investors. Lipper Leaders for Consistent Return may be the best fit for investors who value a fund’s year-to-year consistency relative to other funds in a particular peer group. The overall calculation is based on an equal-weighted average of percentile ranks for the Consistent Return metrics over 3-year, 5-year, and 10-year periods (if applicable). The highest 20% of funds in each classification are named Lipper Leaders for Consistent Return. The ratings are subject to change every month and are calculated for the following time periods: 3-year, 5-year, 10-year, and overall. Ratings are computed for all Lipper classifications with five or more distinct portfolios and span both equity and fixed-income funds. Ratings for consistent return reflect funds’ historic returns, adjusted for volatility, relative to peers. *About Lipper Leader Ratings for Consistent Return. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Fund has received a 2022 Refinitiv Lipper Fund Award for its strong risk-adjusted performance for the 10-year period ending December 31, 2021.
Cohen & Steers Preferred Securities and Income Fund receives Refinitiv Lipper Award.*
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