3 / 5 Stars
4 5 2 3 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 7 Preferred Stock Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.58 percent over the past year, and 8.48 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.7%|
|3 Years (Annualized)||8.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund at least 80% of its net assets in a portfolio of preferred and debt securities issued by U.S. and non-U.S. companies. It also will invest at least 25% of its net assets in the financials sector, which is comprised of the bank, diversified financials, real estate (including real estate investment trusts) and insurance industries. The fund may invest without limit in securities of non-U.S. companies, which may be non-U.S. dollar denominated, including up to 15% of the fund's net assets in securities issued by companies domiciled in emerging market countries. It is non-diversified.
Fees are High compared to funds in the same category.
Cohen & Steers Preferred Securities and Income Fund has an expense ratio of 1.75 percent.
Risk is Average compared to funds in the same category according to Morningstar.