# Cohen & Steers Preferred Sec & Inc I (CPXIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cpxix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Cohen & Steers · Asset class: Bond - Strategy: Actively Managed · Inception: 2010-05-03 The Cohen & Steers Preferred Sec & Inc I fund allocates a significant portion—at least 80% of its total investable capital (net assets plus any borrowed funds)—to a diverse portfolio of preferred shares and fixed-income instruments. These income-generating assets are issued by both U.S. and international corporations. Furthermore, a minimum of 25% of the fund's net assets is specifically directed towards companies operating within the financial sector. The fund maintains unlimited flexibility regarding its exposure to securities from non-U.S. companies, and these investments may be denomina... ## Key Facts | Metric | Value | |---|---| | Price | $12.07 | | Expense Ratio | 0.85% | | AUM (All Share Classes) | $6.91B | | NAV | $12.07 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 6.09% | | Annual Distribution (TTM) | $0.74 /share | | Distribution Frequency | Monthly | | 52-Week Range | $11.98 – $12.76 | | Beta | 0.66 | ## Latest Distribution - Amount: $0.0625 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does CPXIX invest in? The Cohen & Steers Preferred Sec & Inc I fund allocates a significant portion—at least 80% of its total investable capital (net assets plus any borrowed funds)—to a diverse portfolio of preferred shares and fixed-income instruments. These income-generating assets are issued by both U.S. and international corporations. Furthermore, a minimum of 25% of the fund's net assets is specifically directed towards companies operating within the financial sector. The fund maintains unlimited flexibility regarding its exposure to securities from non-U.S. companies, and these investments may be denominated in currencies other than the U.S. dollar. It also has the option to invest up to 15% of its net assets in securities from entities located in emerging market nations. ### What is the expense ratio of CPXIX? Cohen & Steers Preferred Sec & Inc I (CPXIX) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations. ### What is CPXIX's dividend yield? CPXIX's trailing-twelve-month yield is 6.09%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of CPXIX? Effective duration measures CPXIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CPXIX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of CPXIX? CPXIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of CPXIX? Yield to maturity (YTM) is the total return you'd earn from CPXIX if every bond in the portfolio is held to maturity at the current price. CPXIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does CPXIX pay a dividend? Yes, Cohen & Steers Preferred Sec & Inc I (CPXIX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.09%. Full dividend history is on this page. ### How often does CPXIX pay dividends? Cohen & Steers Preferred Sec & Inc I pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is CPXIX's next ex-dividend date? The most recently announced ex-dividend date for CPXIX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will CPXIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.85% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CPXIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CPXIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CPXIX cost more than a fund like VOO? CPXIX is actively managed (current expense ratio 0.85%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether CPXIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CPXIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CPXIX (0.85%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cpxix - Distribution history: https://www.dividenddata.com/funds/cpxix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cpxix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cpxix/expenses - Peer comparison: https://www.dividenddata.com/funds/cpxix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.