PSF CEF — Cohen & Steers Select Preferred and Income Fund

Cohen & Steers Select Preferred and Income Fund (PSF)

Updated November 12, 2026.

PSF is a CEF. Its distribution rate is 8.23%, its trailing-12-month yield is 8.23%, its expense ratio is 2.1671%. Dividend Vision Distribution Safety Score™ is 65/100 (Generally safe). Total return is 174.2% over the past 16 years, 560.0 points behind SPY at 734.2%.

At the current 8.23% distribution rate, a $10,000 investment would generate approximately $823 per year, or $68.58 per month.

Cohen & Steers Select Preferred and Income is a closed-end fund that invests globally in preferred securities, corporate debt, and convertible securities, with the ability to use leverage up to one-third of its managed assets to enhance returns. The fund distributes income monthly and has an expense ratio not publicly specified by the issuer. It appeals to income-focused investors seeking regular cash flow from a diversified fixed income portfolio.

PSF performance versus SPY

As of Nov 12, 2026

Total return is 174.2% over the past 16 years, 560.0 points behind SPY at 734.2%. Over the past year its total return — price change plus distributions reinvested — is -4.3%. Its deepest 1-year drawdown was 9.1%.

PSF key facts

Distribution Safety Score™

65 · Generally safe

Safety-Adjusted Yield

5.35%

Issuer

Cohen & Steers

Asset type

CEF

Asset class

Fixed Income

Inception date

11/24/2010

Expense ratio

2.1671%

Distribution rate

8.23%

Distribution frequency

Monthly

Trailing yield

8.23%

5-year average yield

7.91

Last close

$18.37 (as of 2026-11-12)

NAV

$21.39; NAV date unknown

Premium / discount

Premium not shown · NAV date unknown

Market cap

$220,957,808

Average volume

49,812

Dividend

$0.126

Ex-dividend date

11/10/2026

Payment date

11/30/2026

Beta

0.4079

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (8.23%) uses latest regular dividend ($0.126) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (8.23%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Cohen & Steers; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PSF risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.1%.

Who may consider PSF — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PSF

• CEFs going ex-dividend this week
• All tickers starting with P

Tagged: CEF, Fixed Income, Preferred Stock, Leverage.

Frequently asked questions

More securities from Cohen & Steers.