Cohen & Steers REIT and Preferred and Income Fund, Inc. Overview
Pro stress-test →Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Cohen & Steers Inc. The Fund's primary investment objective is high current income, with capital appreciation as a secondary objective.
Strategic Profile
Pro stress-test →The fund invests in the public equity and fixed income markets of the United States, focusing on stocks of companies operating in the real estate sector including real estate investment trusts, and typically invests in debt and preferred securities of companies operating across diversified sectors. Cohen & Steers is a global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities and multi-strategy solutions.
Competitive Landscape
Pro stress-test →Cohen & Steers operates in the real assets and alternative income investment management space, competing with other firms specializing in listed and private real estate, preferred securities, and infrastructure. The closed-end fund format positions RNP against other CEF income vehicles and open-end REIT/preferred stock mutual funds in the institutional investor market.
Industry Context
Cohen & Steers REIT and Preferred and Income Fund, Inc. operates in Asset Management / Closed-End Investment Funds.
Key facts
Founded: 2003 · Headquarters: New York, US · Revenue: $70.41M · Market cap: $1.0B