XPTAX

About XPTAX

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a diversified mutual fund designed primarily to generate high levels of current income, with a secondary goal of capital appreciation. The fund principally invests in preferred securities and other income-oriented instruments, focusing on securities issued by high-quality, historically stable companies. Its strategy emphasizes generating income that is tax-advantaged for shareholders, seeking to minimize U.S. federal income tax consequences through careful security selection and tax-aware management. A notable feature of this fund is its access to a broad, institutional universe of preferred securities, which generally offer higher yields than similarly rated bonds and can provide meaningful diversification from traditional stock and bond investments. By investing across global markets and utilizing an active management approach, the fund seeks both attractive relative value and risk management, such as limiting exposure to credit and interest-rate changes. Cohen & Steers, the fund sponsor, brings deep experience in preferred securities and income-focused strategies, appealing to investors who value reliable income with an eye toward after-tax returns.