Cohen & Steers Preferred Securities and Income SMA Shares (PISHX)
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies. It may invest a significant portion of its assets in OTC preferred and income securities. The fund also will invest at least 25% of its net assets in the financials sector. It may invest without limit in securities of non-U.S. companies including up to 15% of the fund's net assets in securities issued by companies domiciled in emerging market countries.
Fund Info
ISIN | US19249N1000 |
---|---|
Issuer | Cohen & Steers |
Inception Date | Feb 28, 2019 |
Category | Preferred Stock/Convertible Bonds |
Min. Investment | $0 |
Asset Class | Equity |
Expense Ratio
PISHX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Popular comparisons: PISHX vs. FDFIX, PISHX vs. CPXIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Cohen & Steers Preferred Securities and Income SMA Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Cohen & Steers Preferred Securities and Income SMA Shares had a return of 4.72% year-to-date (YTD) and 17.74% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 4.72% | 9.47% |
1 month | 1.21% | 1.91% |
6 months | 11.15% | 18.36% |
1 year | 17.74% | 26.61% |
5 years (annualized) | 4.70% | 12.90% |
10 years (annualized) | N/A | 10.79% |
Monthly Returns
The table below presents the monthly returns of PISHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.53% | 0.60% | 2.03% | -0.85% | 4.72% | ||||||||
2023 | 5.99% | -1.45% | -7.64% | 0.94% | 0.51% | 0.96% | 2.62% | -0.48% | -0.58% | -1.02% | 4.69% | 3.78% | 7.91% |
2022 | -1.80% | -2.76% | -0.65% | -2.86% | -1.15% | -4.09% | 3.95% | -1.28% | -4.68% | 0.48% | 2.42% | 0.74% | -11.38% |
2021 | 0.00% | -0.15% | 0.34% | 1.67% | 0.69% | 1.05% | 0.94% | 0.51% | 0.08% | -0.39% | -1.06% | 1.32% | 5.08% |
2020 | 1.96% | -1.73% | -14.80% | 9.38% | 1.92% | 1.07% | 3.65% | 2.78% | -0.85% | 0.97% | 4.20% | 1.57% | 8.57% |
2019 | 0.53% | 1.85% | -0.59% | 2.96% | 1.24% | 1.07% | 1.12% | 1.65% | 0.85% | 1.17% | 12.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PISHX is 92, placing it in the top 8% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
PISHX (Cohen & Steers Preferred Securities and Income SMA Shares)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Cohen & Steers Preferred Securities and Income SMA Shares (PISHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Cohen & Steers Preferred Securities and Income SMA Shares granted a 5.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.57 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.57 | $0.57 | $0.55 | $0.56 | $0.52 | $0.37 |
Dividend yield | 5.83% | 5.92% | 5.87% | 4.99% | 4.59% | 3.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Cohen & Steers Preferred Securities and Income SMA Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 | $0.19 | |||||||
2023 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.57 |
2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.10 | $0.55 |
2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.14 | $0.56 |
2020 | $0.02 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.52 |
2019 | $0.03 | $0.05 | $0.00 | $0.04 | $0.05 | $0.04 | $0.03 | $0.04 | $0.04 | $0.06 | $0.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Cohen & Steers Preferred Securities and Income SMA Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Cohen & Steers Preferred Securities and Income SMA Shares was 27.12%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
The current Cohen & Steers Preferred Securities and Income SMA Shares drawdown is 0.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-27.12% | Feb 24, 2020 | 21 | Mar 23, 2020 | 159 | Nov 5, 2020 | 180 |
-18.82% | Sep 24, 2021 | 373 | Mar 20, 2023 | — | — | — |
-1.65% | Feb 16, 2021 | 15 | Mar 8, 2021 | 25 | Apr 13, 2021 | 40 |
-0.88% | May 6, 2019 | 19 | May 31, 2019 | 5 | Jun 7, 2019 | 24 |
-0.62% | Jan 11, 2021 | 2 | Jan 12, 2021 | 5 | Jan 20, 2021 | 7 |
Volatility
Volatility Chart
The current Cohen & Steers Preferred Securities and Income SMA Shares volatility is 1.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.