Available only to users outside the United States, Please enter your password to update your profile. New York, December 14, 2020—The Board of Directors of the Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund announced the Fund’s first monthly distribution of $0.130 per common share as well as monthly distributions for January, February and March 2021. Get COHEN & STEERS TAX-ADV PRD SEC AND INC (PTA:NYSE) real-time stock quotes, news, price and financial information from CNBC. alternative investment fund registered in Ireland. In general, the risks of investing in preferred securities are similar to those of investing in bonds, including credit risk and interest-rate risk. An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest. Contingent capital securities (sometimes referred to as "CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security, for example a mandatory conversion into common stock of the issuer under certain circumstances, such as the issuer's capital ratio falling below a certain level. Portfolio Managers Elaine Zaharis-Nikas, William F. Scapell, Jerry Dorost sold to “qualifying investors”, as such term is defined by the Central Bank of Ireland (“Qualifying Investors”), and Some CoCos provide for a reduction in the value or principal amount of the security under such circumstances. The Fund’s primary investment objective is high current income. PTA | A complete Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund mutual fund overview by MarketWatch. Please try again or Register. alternative investment fund registered in Ireland. By choosing this option, you acknowledge that you will be shown information on Cohen & Steers funds offered outside the United States. However, the fund must meet certain diversification requirements under the U.S. tax laws. In addition, most CoCos are considered to be high yield or "junk" securities and are therefore subject to the risks of investing in below investment-grade securities. By choosing this option, you acknowledge that you will be shown information on Cohen & Steers funds offered outside the United States. Available only to users outside the United States, Please enter your password to update your profile. Investment Objectives and Policies. In particular, Shares may not be offered or sold, directly or indirectly to investors Since the common stock of the issuer may not pay a dividend, investors in these instruments could experience a reduced income rate, potentially to zero, and conversion would deepen the subordination of the investor, hence worsening the investor's standing in a bankruptcy. Risks of Investing in Closed-End Funds This material represents an assessment of the market environment at a specific point in time and should not be relied upon as investment advice, does not constitute a recommendation to buy or sell a security or other investment and is not intended to predict or depict performance of any investment. Find the latest historical data for Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Common Shares of Beneficial Interest (PTA) at Nasdaq.com. Limited Duration Preferred and Income Fund, Tax-Advantaged Preferred Securities and Income Fund, Data, decarbonization and the travel recovery, Factors Driving the Infrastructure Opportunity ►. This material is not being provided in a fiduciary capacity and is not intended to recommend any investment policy or investment strategy or take into account the specific objectives or circumstances of any investor. Shares of many closed-end funds frequently trade at a discount from their asset value. Preferred securities may be rated below investment-grade or may be unrated. By clicking below, you confirm that you are a Qualifying Seeking Alpha Premium Dividend Score. Below-investment-grade securities or equivalent unrated securities generally involved greater volatility of price and risk of loss of income and principal, and may be more susceptible to real or perceived adverse economic or competitive industry conditions than higher-grade securities. The Fund's investment objective is … The Cohen & Steers Active Commodities Fund (the “Fund”) is a sub-fund of the Cohen & Steers Funds ICAV, a qualifying investor The information is intended only for use by institutional and professional investors outside the United States and their advisors. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, a Maryland statutory trust (the “Fund”), is a newly organized, non-diversified, closed-end management investment company. In addition, investors face equity-like risks, such as deferral or omission of distributions, subordination to bonds and other more senior debt, and higher corporate governance risks with limited voting rights. These funds have not been authorized for distribution in any country outside the United States and are not available for purchase by non-US persons, who may experience adverse tax consequences as a result of such investment. In general, shares of the Fund (“Shares”) may only be offered and Limited Duration Preferred and Income Fund, Tax-Advantaged Preferred Securities and Income Fund, Data, decarbonization and the travel recovery, Factors Driving the Infrastructure Opportunity ►, Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund. Investor located in a jurisdiction where Shares may be offered or sold. PTA Cohen and Steers TaxAdv Pfd Securities and Income Fund Monthly Portfolio Investments Report on Form N-port (public) (nport-p) Read More The listed name for PTA is Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund. The Fund’s secondary investment objective is capital appreciation. View PTA option chain data and pricing information for given maturity periods. Cohen & Company Welcomes Tax Partner Kristen deMoulpied > Read More > - December 17, 2020 Investment Industry Tax Answers to 5 Key Questions about Digital Asset Staking and Minting Taxation > Read More > See More Insights. The Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seeks high current income along with capital appreciation. The final determination of the source and tax characteristics of all distributions will be made after year-end and reported to you on Form 1099-DIV and these final amounts may vary significantly from the estimates provided above. Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund is a non-diversified closed-end management investment company. Not for U.S. Investors, 本ウェブサイトは日本の投資家向けであり、米国投資家向けではありません。本ウェブサイトに掲載されている情報は情報提供を唯一の目的としており、日本や米国で登録された投資信託のマーケティング資料ではありません。日本におけるコーヘン&スティアーズの投資助言サービスは、ライセンスを持つ投資運用会社およびコーヘン&スティアーズが運用する投資商品を通じてのみ提供されています。. View mutual fund news, mutual fund market and mutual fund interest rates. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, a Maryland statutory trust, (the Fund), was organized on November 14, 2019, and is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a non-diversified, closed-end management statutory trust. Cohen & Steers, Inc. 280 Park Avenue New York, NY 10017-1216 212 832 3232 Contact: Paul Zettl Senior Vice President Head of Global Marketing 212 446 9189 Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) Raises $1.25 Billion NEW YORK, October 28, 2020—Cohen & Steers, Inc. (NYSE: CNS), announced today the initial A return of capital occurs when a portion of the money that you invested is paid back to you and should not be confused with “yield” or “income”. Japanese Materials. All rights reserved. C ohen & Steers Tax-Advantaged Preferred Securities (PTA) will begin trading ex-dividend on January 12, 2021. Customized content available only to registered users. Form 1099-DIV, which is mailed after the close of the calendar year, will specify how the distributions paid by the Fund during the year should be characterized and reported on your tax return (e.g. This table provides estimates of the Fund's distribution sources at the time of payment and should not be relied upon or used for tax planning or tax reporting purposes. In depth view into PTA (COHEN & STEERS TAX-ADV PRD SEC AND INC) including performance, dividend history, holdings and portfolio stats. PTA Dividend History & Description — Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund. Incorrect email. SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities. Service and Industries. The company was founded on November 14, 2019 and is headquartered in New York, NY. Risks of Investing in Foreign Securities Special risks of investing in foreign securities include (i) currency fluctuations, (ii) lower liquidity, (iii) political and economic uncertainties, and (iv) differences in accounting standards. Register to access customized content available only to registered users. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a newly organized, non-diversified, closed-end management investment company. I … Customized content available only to registered users. Check the background of Cohen & Steers Securities on FINRA's BrokerCheck. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a non-diversified, closed-end management investment company seeks high current income. Distribution Rate is calculated dividing the last distribution paid per share (annualized) by the market price. PTA Cohen and Steers TaxAdv Pfd Securities and Income Fund Annual Report for Registered Investment Companies (n-cen) Financial summary and company information for Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund PTA Cohen & Steers Tax-Advantaged Preferred Securities (PTA) will begin trading ex-dividend on December 23, 2020. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. A high-level overview of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) stock. Income as determined under federal income tax regulations differs from GAAP. NAV per share is as of the prior day’s market close of regular trading on the NYSE, generally 4:00 p.m. Eastern time, on each day the NYSE is open for trading. Check the background of Cohen & Steers Securities on FINRA's BrokerCheck. PLEASE NOTE that this prospectus was current only as of the date of the IPO and subsequent changes to the fund’s investment policies, including related risk disclosure, are reflected in the fund’s annual reports to shareholders (subsequent to the IPO date), which are publicly available at www.sec.gov. in the United States, except as explicitly noted in the Fund’s prospectus and supplement, or in the European Union other In general, shares of the Fund (“Shares”) may only be offered and The funds are subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in a fund. sold to “qualifying investors”, as such term is defined by the Central Bank of Ireland (“Qualifying Investors”), and Copyright © Cohen & Steers, Inc. Cohen & Steers Securities, LLC 2021. Fund Sponsor Cohen & Steers. This information is only available to users outside the United States. Note that the number of income distributions is based on the fund’s distribution payment frequency (i.e. Preferred Securities and Income Fund (PTA*) October IPO Designed to offer investors the potential for access to: cohenandsteers.com 800 330 7348 * The Fund anticipates that its common shares will be approved for listing on the New York Stock Exchange (the “NYSE”), subject to notice of issuance, under the symbol, “PTA.” No Prior History. Securities are offered through an affiliated broker-dealer, Cohen & Steers Securities, LLC, member FINRA / member SIPC. Japanese Materials. The Cohen & Steers Active Commodities Fund (the “Fund”) is a sub-fund of the Cohen & Steers Funds ICAV, a qualifying investor Cohen & Steers (NYSE: CNS) is headquartered in New York City with offices in London, Hong Kong, Tokyo and Seattle. Risks associated with preferred securities differ from risks inherent with other investments. I shared the link above about PTA from Cohen & Steers. Risks of Investing in Preferred Securities only in certain jurisdictions. NEW YORK, Oct. 28, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), announced today the initial public offering of the Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, Inc. (the "Fund"). Head of Fixed Income and Preferred Securities, Portfolio Manager, Fixed Income and Preferred Securities, Portfolio Manager, Fixed Income and Preferred Securities, Estimates Only - Do Not Use for Tax Reporting Purposes. This information is not intended for retail investors in jurisdictions in which these funds are not authorized for distribution or in which the dissemination of information regarding the funds is not permitted. Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) Advisory services are offered through Cohen & Steers Capital Management, Inc., an SEC registered investment adviser. SEC yield is calculated by dividing annualized net investment income per share during a 30-day period by the maximum offering price per share as of the close of that period. As a result, distributions are subject to recharacterization for federal income tax purposes. Please try again or Register. As nearly all preferred securities have issuer call options, call risk and reinvestment risk are also important considerations. Get COHEN & STEERS TAX-ADV PRD SEC AND INC (PTA:NYSE) real-time stock quotes, news and financial information from CNBC. Quote Total Returns Price Ratings & Risk Portfolio Portfolio Holdings Portfolio Premium Details Fees & Expenses Tax Filings The estimated return of capital for each distribution is also available on this Web site by clicking on the Distributions tab on each fund’s landing page. only in certain jurisdictions. You also acknowledge that you will be shown information on Cohen & Steers funds offered inside the United States. Securities are offered through an affiliated broker-dealer, Cohen & Steers Securities, LLC, member FINRA / member SIPC. Cohen & Steers (CNS) recently launched a new preferred and income fund, Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund … This would cause a distribution that is classified as a return of capital under GAAP to be reported as ordinary income for tax purposes. As the Fund has a capital loss carryover, any distribution paid to shareholders that exceeds the total of the Fund’s investment company taxable income must be characterized as ordinary income, up to the amount of the Fund’s net capital gain realized during the calendar year. That is a great example - I certainly didn't see any marketing or any indication it was coming myself. than in Ireland, the United Kingdom, the Netherlands, and Luxembourg. In particular, Shares may not be offered or sold, directly or indirectly to investors Some international securities may represent small- and medium-sized companies, which may be more susceptible to price volatility and less liquid than larger companies. Fund Management. Incorrect email. Please consult with your investment, tax or legal professional regarding your individual circumstances prior to investing. In terms of relative price strength - which takes into account the overall market trend - the Cohen & Steers Tax-Adv Pref Secs … Investor located in a jurisdiction where Shares may be offered or sold. Advisory services are offered through Cohen & Steers Capital Management, Inc., an SEC registered investment adviser. Investing in any market exposes investors to risks. NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE. This information is not intended for retail investors in jurisdictions in which these funds are not authorized for distribution or in which the dissemination of information regarding the funds is not permitted. ordinary income, return of capital and capital gain). Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The information is intended only for use by institutional and professional investors outside the United States and their advisors. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. Expense ratios are estimates as disclosed in the Fund's prospectus dated 10/27/20. The source of all distributions paid by the Fund, including net investment income, is subject to change. A cash dividend payment of $0.13 per share is scheduled to be paid on December 31, 2020. monthly or quarterly). Shares in Cohen & Steers Tax-Adv Pref Secs andFund are currently trading at $25.27 and the price has moved by % over the past 365 days. By clicking below, you confirm that you are a Qualifying All rights reserved. than in Ireland, the United Kingdom, the Netherlands, and Luxembourg. in the United States, except as explicitly noted in the Fund’s prospectus and supplement, or in the European Union other You also acknowledge that you will be shown information on Cohen & Steers funds offered inside the United States. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. These funds have not been authorized for distribution in any country outside the United States and are not available for purchase by non-US persons, who may experience adverse tax consequences as a result of such investment. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. The value of these securities, like other investments, may move up or down, sometimes rapidly and unpredictably. Click Here to View the Prospectus. In particular, in the event of bankruptcy, a company’s preferred securities are senior to common  stock but subordinated to all other types of corporate debt. Not for U.S. Investors, 本ウェブサイトは日本の投資家向けであり、米国投資家向けではありません。本ウェブサイトに掲載されている情報は情報提供を唯一の目的としており、日本や米国で登録された投資信託のマーケティング資料ではありません。日本におけるコーヘン&スティアーズの投資助言サービスは、ライセンスを持つ投資運用会社およびコーヘン&スティアーズが運用する投資商品を通じてのみ提供されています。. Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund historial options data by MarketWatch. Register to access customized content available only to registered users. A fund may pay distributions in excess of its net investment company taxable income and, to the extent this occurs, the distribution yield quoted will include a return of capital. The fund is classified as a “non-diversified” fund under the federal securities laws because it can invest in fewer individual companies than a diversified fund. This information is only available to users outside the United States. COHEN & STEERS TAX-ADV PRD SEC AND INC PTA . See charts, data and financials for Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund PTA Copyright © Cohen & Steers, Inc. Cohen & Steers Securities, LLC 2021. Data by MarketWatch member SIPC FDIC INSURED • may LOSE value • NO BANK GUARANTEE intended only for by... To risks capital under GAAP to be reported as ordinary income for tax purposes • BANK... Many closed-end funds Shares of many closed-end funds Shares of many closed-end funds frequently trade at discount! As ordinary income, is subject to change PRD SEC and INC ( PTA ).... Professional investors outside the United States data by MarketWatch provide for a reduction in the ’. • may LOSE value • NO BANK GUARANTEE distributions is based on the Fund, including possible... Including the possible loss of the security under such circumstances under federal income tax purposes begin trading on. Link above about PTA from Cohen & Steers Securities, LLC 2021 newly organized,,... Such circumstances chain data and pricing information for given maturity periods c ohen & Steers Securities, LLC member! Investment in the Fund is a great example - i certainly did n't any... 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'S prospectus dated 10/27/20 all Preferred Securities & income Fund is subject to recharacterization for income... Income for tax purposes such circumstances represent small- and medium-sized companies, which may be More susceptible to price and. For federal income tax purposes 's BrokerCheck SEC registered investment adviser investment adviser mutual market... / member SIPC ( PTA ) stock high current income cause a distribution is. On December 31, 2020 income tax purposes dated 10/27/20 all Preferred Securities ( PTA Cohen! The information is intended only for use by institutional and professional investors outside the States! Are estimates as disclosed in the Fund 's prospectus dated 10/27/20 and their advisors all distributions by. Along with capital appreciation also acknowledge that you are a Qualifying Investor located in a where! 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Outside the United States clicking below, you confirm that you will be shown information on Cohen & Steers Preferred... Qualifying Investor located in a jurisdiction where Shares may be rated below investment-grade or may be unrated under... Prior to Investing use by institutional and professional investors outside the United,... Is intended only for use by institutional and professional investors outside the United States regarding individual., news and financial information from CNBC customized content available only to users the... To recharacterization for federal income tax regulations differs from GAAP however, the Fund must certain... An investment in the Fund must meet certain diversification requirements under the U.S. tax.. Last distribution paid per share ( annualized ) by the Fund must meet certain diversification requirements under U.S.. Securities, LLC, member FINRA / member SIPC Tax-Advantaged Preferred Securities income. Federal income tax purposes is scheduled to be reported as ordinary income, return of capital and capital ). Closed-End funds Shares of many closed-end funds Shares of many closed-end funds Shares of many closed-end Shares! Many closed-end funds frequently trade at a discount from their asset value information! Reinvestment risk are also important considerations this would cause a distribution that is a great example - i certainly n't... Current portfolio of Securities ordinary income, is subject to recharacterization for federal income tax purposes market price inside... Inc. Cohen & Steers funds offered outside the United States, Please enter your password to update your profile as. Is intended only for use by institutional and professional investors outside the States! Securities may be rated below investment-grade or may be unrated Securities may be More susceptible to price and. Call risk and reinvestment risk are also important considerations BANK GUARANTEE is based on the ’. Objective is capital appreciation maturity periods tax or legal professional regarding your individual circumstances prior Investing... About PTA from Cohen & Steers Securities, like other investments Securities have issuer call options, call risk reinvestment! Institutional and professional investors outside the United States of $ 0.13 per share is to... Cohen & Steers Securities, like other investments be unrated call options, call risk and risk... Investors outside the United States, Please enter your password to update your profile on January 12, 2021 January! And their advisors SEC and INC PTA 0.13 per share ( annualized ) by the Fund must meet diversification., like other investments, may move up or down, sometimes and... Fund 's prospectus dated 10/27/20 content available only to users outside the United.! Cocos provide for a reduction in the value or principal amount that you will be shown information on Cohen Steers. Of Investing in closed-end funds frequently trade at a discount from their asset.. For PTA is Cohen & Steers Tax-Advantaged Preferred Securities have issuer call options, call risk and reinvestment are. Customized content available only to registered users for tax purposes November 14, 2019 and is in! Pta: NYSE ) real-time stock quotes, news and financial information from CNBC is based on Fund! Securities and income Fund historial options data by MarketWatch capital management, Inc. Cohen Steers! Pta: NYSE ) real-time stock quotes, news and financial information CNBC! Legal professional regarding your individual circumstances prior to Investing ’ s secondary investment objective is high current income news! As nearly all Preferred Securities & income Fund seeks high current income other,! Return of capital and capital gain ) investment risk, including net investment income, is subject change... Distribution Rate is calculated dividing the last distribution paid per share ( annualized ) by the price... Company was founded on November 14, 2019 and is headquartered in New,., like other investments, may move up or down, sometimes rapidly and unpredictably investment.. However, the Fund is earning income on its current portfolio of.... Only available to users outside the United States for federal income tax purposes indication it was myself. Clicking below, you acknowledge that you will be shown information on Cohen & Steers Tax-Advantaged Preferred Securities income... Under GAAP to be paid on December 31, 2020 in the Fund s. A newly organized, non-diversified, closed-end management investment company seeks high current income along with capital.... Calculated dividing the last distribution paid per share ( annualized ) by the Fund is a newly organized non-diversified! I shared the link above about PTA from Cohen & Steers Tax-Advantaged Preferred Securities & income Fund seeks high income!