4 / 5 Stars
5 5 2 3 3
Zacks Investment Research
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 10.64 percent over the past year, and 9.63 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||9.5%|
|3 Years (Annualized)||9.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) 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. 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.