Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF)

The Cohen & Steers Preferred and Income Opportunities Active ETF is an actively managed fund from Cohen & Steers, the New York-based investment manager known for its focus on real assets and alternative income.

The fund invests mainly in preferred securities and other income-producing instruments, including exchange-traded and over-the-counter preferred stock, contingent capital securities and subordinated or hybrid debt, much of it issued by banks, insurers, utilities and other financial and industrial companies in the U.S. and abroad.

The managers select securities based on credit research and relative value rather than following an index, with the goal of providing high current income and, secondarily, capital preservation and appreciation.