PSF

Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) operates as a diversified, closed-end management investment company. The fund seeks total return through high current income and capital appreciation by investing primarily in preferred and debt securities issued by U.S. and non-U.S. companies. PSF is managed by Cohen & Steers Capital Management, Inc., a leading global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities, and natural resource equities, as well as preferred securities and other income solutions. The fund's portfolio typically consists of institutional preferred stocks, $25 par retail preferred securities, and corporate bonds, with a focus on sectors such as financials, utilities, and real estate. PSF employs leverage to enhance returns, utilizing borrowings and reverse repurchase agreements as part of its investment strategy. The fund trades on the New York Stock Exchange and provides monthly distributions to shareholders. As a closed-end fund, PSF maintains a fixed number of shares that trade based on supply and demand, often at premiums or discounts to net asset value. The fund's investment approach emphasizes credit analysis, sector allocation, and active management of its preferred securities portfolio to navigate varying interest rate environments and market conditions.