PSF

Cohen Steers Select Preferred and Income Fund Inc is a closed ended fixed income mutual fund launched by Cohen Steers Inc It is managed by Cohen Steers Capital Management Inc The fund invests in the fixed income markets across the globe It also invests some portion of its portfolio in other openend funds closedend funds or exchange traded funds that invest primarily in preferred andor debt securities The fund seeks to invest in traditional preferred securities hybridpreferred securities floating rate preferred securities corporate debt securities and convertible securities with maturity of ten years or more It intends to utilize leverage in an amount up to 3333 of its managed assets through borrowings The fund uses fundamental analysis and focuses on factors like issuers creditworthiness account prevailing market factors issuers corporate and capital structure and the placement of the preferred or debt securities within that structure It benchmarks the performance of its portfolio against the BofA Merrill Lynch Fixed Rate Preferred Index Barclays Capital US Aggregate Bond Index and a composite benchmark comprising of 50 of the BofA Merrill Lynch US Capital Securities Index and 50 of the BofA Merrill Lynch Fixed Rate Preferred Index Cohen Steers Select Preferred and Income Fund Inc was formed on August 16 2010 and is domiciled in the United States