(PTA) Cohen & Steers - Ratings and Ratios

The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, listed on the NYSE under the ticker PTA, is a closed-end fixed income mutual fund that was launched by Cohen & Steers, Inc. This fund is managed by Cohen & Steers Capital Management, Inc., a renowned investment management company. By investing in the global fixed income market, the fund aims to provide a diversified portfolio that includes a wide range of securities. These securities encompass preferred stock, debt securities, floating-rate and fixed-to-floating-rate preferred securities, as well as fixed- and floating-rate corporate debt securities.

The fund's investment strategy involves investing directly and through derivatives in securities that are rated BBB- or above by S&P, ensuring a certain level of credit quality. It also considers investing in convertible securities and contingent capital securities, which can provide additional yield and diversification benefits. The fund does not have a specific maturity focus, allowing it to invest in securities of any maturity, from short-term to long-term. To create its portfolio, the fund employs fundamental analysis, a method that involves assessing the creditworthiness and financial health of the issuers, as well as evaluating market trends and conditions.

As a closed-end fund, the Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund was formed on October 26, 2020, and is domiciled in the United States. The fund's website provides more information on its investment strategy, portfolio composition, and performance. The fund is classified as a common stock and falls under the GICS Sub Industry of Asset Management & Custody Banks. By investing in this fund, investors can gain exposure to a diversified portfolio of fixed income securities, which can provide regular income and potentially lower volatility compared to other asset classes.