# Cohen & Steers Select Preferred and Income Fund, Inc. (PSF): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/psf 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: Passive Index · Inception: 2010-11-26 Cohen & Steers Select Preferred and Income Fund, Inc. is a closed ended fixed income mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities. The fund seeks to invest in traditional preferred securities, hybrid-preferred securities, floating rate preferred securities, corporate debt securities, and convertible secur... ## Key Facts | Metric | Value | |---|---| | Price | $18.03 | | Expense Ratio | 3.76% | | Assets Under Management | $216.9M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 8.39% | | Annual Distribution (TTM) | $1.51 /share | | Distribution Frequency | Monthly | | 52-Week Range | $17.80 – $21.06 | | Beta | 0.82 | ## Latest Distribution - Amount: $0.1260 /share - Ex-date: 2026-12-08 - Pay date: 2026-12-31 ## Frequently Asked Questions ### What does PSF invest in? Cohen & Steers Select Preferred and Income Fund, Inc. is a closed ended fixed income mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities. The fund seeks to invest in traditional preferred securities, hybrid-preferred securities, floating rate preferred securities, corporate debt securities, and convertible securities with maturity of ten years or more. It intends to utilize leverage in an amount up to 33.33% of its managed assets through borrowings. The fund uses fundamental analysis and focuses on factors like issuer’s creditworthiness, account prevailing market factors, issuer’s corporate and capital structure, and the placement of the preferred or debt securities within that structure. It benchmarks the performance of its portfolio against the BofA Merrill Lynch Fixed Rate Preferred Index, Barclays Capital U.S. Aggregate Bond Index, and a composite benchmark comprising of 50% of the BofA Merrill Lynch US Capital Securities Index and 50% of the BofA Merrill Lynch Fixed Rate Preferred Index. Cohen & Steers Select Preferred and Income Fund, Inc. was formed on August 16, 2010 and is domiciled in the United States. ### What is the expense ratio of PSF? Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) charges an expense ratio of 3.76%. This is the annual fee deducted from fund assets to cover management and operations. ### What is PSF's dividend yield? PSF's trailing-twelve-month yield is 8.39%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of PSF? Effective duration measures PSF's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PSF's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PSF? PSF'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 PSF? Yield to maturity (YTM) is the total return you'd earn from PSF if every bond in the portfolio is held to maturity at the current price. PSF'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 PSF pay a dividend? Yes, Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) distributes dividends to shareholders. The trailing-twelve-month yield is 8.39%. Full dividend history is on this page. ### How often does PSF pay dividends? Cohen & Steers Select Preferred and Income Fund, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PSF's next ex-dividend date? The most recently announced ex-dividend date for PSF was 2026-12-08. 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 PSF's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.76% 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 PSF charge its expense ratio? The expense ratio is deducted in tiny daily slices from PSF'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 PSF cost more than a fund like VOO? PSF is a passive index fund (current expense ratio 3.76%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to PSF? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PSF (3.76%) 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/psf - Distribution history: https://www.dividenddata.com/funds/psf/dividend - Holdings & diversification: https://www.dividenddata.com/funds/psf/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/psf/expenses - Peer comparison: https://www.dividenddata.com/funds/psf/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.