Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund

# Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund

Headquartered in New York, this closed-end fixed income fund is managed by Cohen & Steers Capital Management, a subsidiary of Cohen & Steers, Inc. The fund invests in global fixed income markets with a focus on generating tax-efficient income through a diversified portfolio of preferred securities and debt instruments. Holdings include preferred stock, floating-rate and fixed-to-floating-rate preferred securities, corporate debt securities rated BBB- or above, and convertible securities. The fund also allocates to contingent capital securities and employs derivative instruments to implement its investment strategy.

The fund's portfolio construction relies on fundamental analysis to identify securities across various maturity profiles. Its investment mandate encompasses both traditional preferred shares and hybrid capital instruments, targeting securities with investment-grade ratings while maintaining flexibility in security selection. The fund was established in October 2020 and operates as a United States domiciled entity incorporated in Maryland.

As a closed-end fund structure, PTA generates revenue through management fees on its asset base of approximately $1.1 billion. Cohen & Steers manages multiple investment vehicles across equities and fixed income, operating on a global basis with a substantial institutional and retail investor clientele.