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The Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) functions as a specialized, closed-end investment vehicle. This fund commenced operations on November 14, 2019, and has its principal office located in New York, NY.
Is PTA's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund offers an 8.83% yield, significantly above the preferred stock index average. PTA's share price has been flat over three years and declined recently, reflecting sensitivity to interest rates and leverage-driven volatility. The fund covers its distribution with net investment income and realized gains, but large unrealized losses warrant monitoring for sustainability.
HONG KONG, July 22, 2026 - (ACN Newswire) - OrbusNeich Medical Group Holdings Limited ('OrbusNeich' or the 'Group'; stock code: 6929), a multinational medical d
Income-focused investors often appreciate distributions that are paid on a monthly basis, which can help to pay bills or compound a bit faster. In the CEF space, there is no lack of choices to consider, but we are also looking at two names that provide an attractive discount to NAV per share. In addition to paying monthly and trading at attractive discounts, these funds also pay out relatively tax-friendlier distributions as well.
Cohen & Steers Tax-Adv Pref Secs and Inc Fund offers an 8.5% yield, appealing mainly to income-focused investors seeking portfolio diversification. PTA trades at a 7.5% discount to NAV, but rising interest rates and high leverage (34.61%) present notable risks to earnings and capital preservation. 77% of PTA's holdings are below investment grade, with heavy concentration in financials, increasing default and sector-specific risk exposure.
Preferred stocks are a little-known dividend secret. Worth knowing, by the way—they can yield up to 9.9%!