PFDAWX Cohen & Steers Preferred Income Opportunities Portfolio

Objective

The trust seeks to provide high current income.

Strategy Description

The trust seeks to provide high current income by investing in a diversified portfolio of preferred securities. Cohen & Steers Capital Management, Inc. (the “Portfolio Consultant”) selected the portfolio for the trust. The Portfolio Consultant considered a variety of factors in selecting the portfolio, including industry and company trends and fundamentals, broad economic indicators, the current regulatory environment, fundamental credit quality, and portfolio diversification. The Portfolio Consultant also applied valuation screens that considered security call features, premiums and discounts, and liquidity.

Summary Data

Label Value
Symbol PFDAWX
Status
Sponsor
Series Series 2019-4Q
Asset Class
Investment Strategy/Goal
Investment Type/Style