- What does CPXAX invest in?
- 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 financial 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.
- What is the expense ratio of CPXAX?
- Cohen & Steers Preferred Sec & Inc A (CPXAX) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CPXAX?
- Cohen & Steers Preferred Sec & Inc A (CPXAX) manages $7.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CPXAX actively managed or an index fund?
- CPXAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CPXAX launched?
- Cohen & Steers Preferred Sec & Inc A (CPXAX) launched in May 2010 and is managed by the fund issuer.
- How has CPXAX performed?
- CPXAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
