Cohen & Steers Launches SICAV Short Duration Preferred Income Fund
Cohen & Steers (NYSE: CNS) has announced the launch of its SICAV Short Duration Preferred Income Fund, marking the firm's second preferred securities fund for UCITS investors. The new fund targets the $1.2 trillion preferred securities market, focusing on investment-grade, institutional preferreds with a target duration of less than three years.
The fund aims to provide high current income and capital preservation through investments in global preferred and debt securities. It is managed by Elaine Zaharis-Nikas, Head of Fixed Income and Preferred Securities, alongside Portfolio Managers Jerry Dorost and Robert Kastoff.
Preferred securities offer key benefits including:
- High and stable income potential
- Portfolio diversification
- Low correlation to fixed income universe
Cohen & Steers (NYSE: CNS) ha annunciato il lancio del suo Fondo SICAV Short Duration Preferred Income, segnando il secondo fondo di titoli preferenziali dell'azienda per investitori UCITS. Il nuovo fondo si concentra sul mercato dei titoli preferenziali da 1,2 trilioni di dollari, focalizzandosi su titoli preferenziali di grado investimento e istituzionali con una durata target inferiore ai tre anni.
Il fondo mira a fornire un elevato reddito attuale e preservazione del capitale attraverso investimenti in titoli preferenziali e di debito globali. È gestito da Elaine Zaharis-Nikas, Responsabile del Reddito Fisso e dei Titoli Preferenziali, insieme ai Gestori di Portafoglio Jerry Dorost e Robert Kastoff.
I titoli preferenziali offrono vantaggi chiave tra cui:
- Elevato e stabile potenziale di reddito
- Diversificazione del portafoglio
- Bassa correlazione con l'universo dei redditi fissi
Cohen & Steers (NYSE: CNS) ha anunciado el lanzamiento de su Fondo SICAV Short Duration Preferred Income, marcando el segundo fondo de valores preferentes de la firma para inversores UCITS. El nuevo fondo se dirige al mercado de valores preferentes de 1.2 billones de dólares, centrándose en preferentes institucionales de grado de inversión con una duración objetivo de menos de tres años.
El fondo tiene como objetivo proporcionar altos ingresos actuales y preservación de capital a través de inversiones en valores preferentes y de deuda global. Está gestionado por Elaine Zaharis-Nikas, Jefa de Renta Fija y Valores Preferentes, junto con los Gerentes de Portafolio Jerry Dorost y Robert Kastoff.
Los valores preferentes ofrecen beneficios clave que incluyen:
- Alto y estable potencial de ingresos
- Diversificación de la cartera
- Baja correlación con el universo de renta fija
코헨 & 스티어스 (NYSE: CNS)는 SICAV 단기 우선주 수익 기금의 출범을 발표하며, UCITS 투자자를 위한 회사의 두 번째 우선주 기금을 기념했습니다. 새로운 기금은 1.2조 달러 규모의 우선주 시장을 목표로 하며, 만기가 3년 미만인 투자 등급의 기관 우선주에 중점을 두고 있습니다.
이 기금은 글로벌 우선주 및 채무 증권에 대한 투자를 통해 높은 현재 수익과 자본 보존을 제공하는 것을 목표로 합니다. 엘레인 자하리스-니카스가 고정 수입 및 우선주 책임자로 관리하며, 포트폴리오 매니저인 제리 도로스트와 로버트 카스토프와 함께 운영됩니다.
우선주는 다음과 같은 주요 이점을 제공합니다:
- 높고 안정적인 수익 잠재력
- 포트폴리오 다각화
- 고정 수입 세계와의 낮은 상관관계
Cohen & Steers (NYSE: CNS) a annoncé le lancement de son Fonds SICAV Short Duration Preferred Income, marquant le deuxième fonds de titres préférentiels de la société pour les investisseurs UCITS. Le nouveau fonds cible le marché des titres préférentiels de 1,2 trillion de dollars, en se concentrant sur les titres préférentiels institutionnels de qualité investissement avec une durée cible de moins de trois ans.
Le fonds vise à fournir un revenu actuel élevé et une préservation du capital grâce à des investissements dans des titres préférentiels et des titres de créance mondiaux. Il est géré par Elaine Zaharis-Nikas, responsable des titres à revenu fixe et des titres préférentiels, aux côtés des gestionnaires de portefeuille Jerry Dorost et Robert Kastoff.
Les titres préférentiels offrent des avantages clés, notamment :
- Un potentiel de revenu élevé et stable
- Diversification du portefeuille
- Une faible corrélation avec l'univers des revenus fixes
Cohen & Steers (NYSE: CNS) hat die Einführung seines SICAV Short Duration Preferred Income Fund angekündigt, was den zweiten Fonds für Vorzugsaktien der Firma für UCITS-Investoren markiert. Der neue Fonds zielt auf den 1,2 Billionen Dollar schweren Markt für Vorzugsaktien ab und konzentriert sich auf investment-grade institutionelle Vorzugsaktien mit einer Ziel-Dauer von weniger als drei Jahren.
Der Fonds hat das Ziel, hohe aktuelle Einkünfte und Kapitalerhalt durch Investitionen in globale Vorzugs- und Schuldverschreibungen zu bieten. Er wird von Elaine Zaharis-Nikas, Leiterin für festverzinsliche Wertpapiere und Vorzugsaktien, zusammen mit den Portfoliomanagern Jerry Dorost und Robert Kastoff geleitet.
Vorzugsaktien bieten wesentliche Vorteile, darunter:
- Hohe und stabile Einkommenspotenziale
- Portfoliodiversifizierung
- Geringe Korrelation zum festverzinslichen Universum
- None.
- None.
With some of the highest yields in fixed income, preferred securities offer several key benefits, including the potential for high and stable income, portfolio diversification and low correlation to the fixed income universe. Preferreds act like bonds, paying a fixed or floating rate of income, but are a form of equity for issuers that lie between common stock and senior debt in a company's capital structure. They are generally issued by large, regulated companies with relatively stable cash flows, such as banks, insurance companies, utilities and other sectors that are less represented in other fixed income strategies.
Elaine Zaharis-Nikas, Head of Fixed Income and Preferred Securities, said:
"We see significant opportunities in the
The Fund seeks to provide investors with high current income and capital preservation as a secondary objective through investments in the global preferred and debt securities universe with a focus on investment-grade, institutional preferreds. It offers a lower target duration of less than three years, though the duration may be longer depending on market conditions, and seeks to reduce portfolio interest rate sensitivity and manage volatility. The Fund is managed by Elaine Zaharis-Nikas, Head of Fixed Income and Preferred Securities, and Portfolio Managers Jerry Dorost and Robert Kastoff.
David
"In an environment where income and quality matter more than ever, we're excited to launch the Cohen & Steers SICAV Short Duration Preferred Income Fund to provide investors with access to a diversified portfolio of institutional preferred securities. We believe this fund is a compelling solution for investors seeking long-term total return through high and resilient income."
As a global leader in actively managed preferred securities strategies, Cohen & Steers manages
To learn more about the Cohen & Steers SICAV Short Duration Preferred Income Fund, please visit: https://www.cohenandsteers.com/funds/short-duration-preferred-income-fund/.
To learn more about the global preferred securities market, please visit: https://www.cohenandsteers.com/themes-post/preferred-securities-knowledge-center/.
This is a marketing communication. Please refer to the prospectus of the Cohen & Steers SICAV and to the relevant KIID/KID before making any final investment decisions. These documents are available free of charge on the Cohen & Steers website.
About Cohen & Steers SICAV Funds. The Funds are sub-funds of Cohen & Steers SICAV, a Luxembourg-domiciled undertaking for collective investment in transferrable securities (UCITS). Shares of the Funds are only offered pursuant to the current prospectus and the sales of shares of the Funds may be restricted in certain jurisdictions. In particular, shares may not be offered or sold, directly or indirectly in
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in
This communication is not contractually binding or legislatively required. This communication is not sufficient to make an investment decision. Past performance is no guarantee of future results. There is no guarantee that any historical trend illustrated herein will be repeated in the future, and there is no way to predict precisely when such a trend will begin. There is no guarantee that any market forecast made in this commentary will be realized. This material is not being provided in a fiduciary capacity, and represents an assessment of the market environment at a specific point in time, should not be relied upon as investment or tax advice and is not intended to predict or depict performance of any investment, nor may it be construed as investment advice for any product or service sponsored by Cohen & Steers, Inc. or any of its affiliates or agents.
Risk
Risks of investing in the Fund are described in the prospectus and key investor documents, which are available on the Cohen & Steers website (see link to documents above). Investment risk including possible loss of entire amount invested. Increased credit risk due to subordination to all other types of corporate debt. Default risk because the issuer experiences a decline in its financial status. Contingent Convertible Securities("CoCos") are typically subject to greater levels of credit and liquidity risk. Call risk causing sub-fund to invest in lower yielding securities. Increases in interest rates may cause process to fall. Foreign security risk due to currency fluctuations, lower liquidity, political and economic uncertainties and differences in accounting standards. Subject to liquidity risk.
CONTACT: Robert Klemens
Vice President, Communications
media@cohenandsteers.com
Website: https://www.cohenandsteers.com
Symbols: NYSE: CNS
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SOURCE Cohen & Steers, Inc.
FAQ
What is the target duration of Cohen & Steers' new SICAV Short Duration Preferred Income Fund?
How large is the preferred securities market that CNS is targeting with this fund?
What are the main investment objectives of CNS's new Short Duration Preferred Income Fund?
How much does Cohen & Steers (CNS) currently manage in preferred securities?
What types of companies typically issue the preferred securities that CNS invests in?
