# Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cssd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: CohenSteers · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2025-12-09 The Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) is an actively managed investment vehicle designed to achieve substantial current income alongside potential for capital appreciation. Its primary focus is on short-duration, income-generating preferred and other debt-like instruments originating from global corporations. This encompasses a range of security types, such as conventional, hybrid, and variable-rate preferred shares, as well as convertible bonds and contingent capital notes. CSSD intends to allocate a minimum of 50% of its net assets to investment-grade ho... ## Key Facts | Metric | Value | |---|---| | Price | $24.67 | | Expense Ratio | 0.49% | | Assets Under Management | $62.5M | | NAV | $24.53 | | Holdings Count | 179 | | Distribution Yield (TTM) | 4.16% | | Annual Distribution (TTM) | $1.03 /share | | Distribution Frequency | Monthly | | 52-Week Range | $24.45 – $25.84 | | Beta | 0.09 | ## Latest Distribution - Amount: $0.1290 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does CSSD invest in? The Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) is an actively managed investment vehicle designed to achieve substantial current income alongside potential for capital appreciation. Its primary focus is on short-duration, income-generating preferred and other debt-like instruments originating from global corporations. This encompasses a range of security types, such as conventional, hybrid, and variable-rate preferred shares, as well as convertible bonds and contingent capital notes. CSSD intends to allocate a minimum of 50% of its net assets to investment-grade holdings, with the flexibility to commit up to 50% to high-yield instruments. Portfolio construction involves a thorough assessment of an issuer's underlying financial health, particularly its credit profile, in conjunction with an analysis of broader market dynamics. Environmental, Social, and Governance (ESG) considerations may also inform investment selections. Regarding sector and geographic allocation, the ETF has the potential to dedicate 25% or more of its net assets to the financials sector, can commit up to 15% to offerings from emerging market entities, and aims to maintain an overall exposure of at least 40% to non-U.S. securities. Currency exposure for non-USD denominated assets is typically hedged back to the U.S. Dollar. ### What is the expense ratio of CSSD? Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### What is CSSD's dividend yield? CSSD's trailing-twelve-month yield is 4.16%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of CSSD? Effective duration measures CSSD's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CSSD's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of CSSD? CSSD'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 CSSD? Yield to maturity (YTM) is the total return you'd earn from CSSD if every bond in the portfolio is held to maturity at the current price. CSSD'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 CSSD pay a dividend? Yes, Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) distributes dividends to shareholders. The trailing-twelve-month yield is 4.16%. Full dividend history is on this page. ### How often does CSSD pay dividends? Cohen & Steers Short Duration Preferred and Income Active ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is CSSD's next ex-dividend date? The most recently announced ex-dividend date for CSSD was 2026-09-29. 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 CSSD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% 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 CSSD charge its expense ratio? The expense ratio is deducted in tiny daily slices from CSSD'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 CSSD cost more than a fund like VOO? CSSD is actively managed (current expense ratio 0.49%). 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 CSSD's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CSSD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CSSD (0.49%) 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/cssd - Distribution history: https://www.dividenddata.com/funds/cssd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cssd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cssd/expenses - Peer comparison: https://www.dividenddata.com/funds/cssd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.