Cohen & Steers Select Preferred and Income Fund, Inc. (PSF)
Competitors to Cohen & Steers Select Preferred and Income Fund, Inc. (PSF)
BlackRock Science and Technology Trust II BSTZ -5.40%
BlackRock Science and Technology Trust II operates in a different segment of the market, focusing on technology sector investments while also considering income generation. Although it has a distinct investment focus relative to PSF, its growth-oriented nature and potential for high returns competing in the same space for investors seeking income can lead to competition for capital. However, its specialized expertise in the technology sector provides BSTZ with a growth advantage that appeals to a different investment profile compared to PSF’s income-centric approach.
Cohen & Steers Quality Income Realty Fund, Inc. RQI -2.46%
Cohen & Steers Quality Income Realty Fund focuses on real estate investments that provide income and price appreciation, similar to the investment strategy of Cohen & Steers Select Preferred and Income Fund. Both funds aim to offer investors high income potential, but RQI is more focused on real estate investment trusts (REITs) while PSF leans towards preferred securities and income-producing equities. This differentiates their portfolios and may attract different types of investors, with RQI appealing more to those looking for exposure to real estate.
Invesco Preferred Fund PGF -2.54%
Invesco Preferred Fund primarily invests in preferred securities, similar to Cohen & Steers Select Preferred and Income Fund, targeting income-oriented investors. The primary distinction is the management style and the fee structures. Invesco has a broad range of fund offerings, which allows them to cross-market and effectively attract investors looking for diversified income options. This points to a potential advantage for PGF in terms of broader reach and investor options, although PSF has seasoned management and a focused strategy that may resonate more deeply with specific market segments.
Nuveen Preferred & Income Term Fund JPI -5.74%
Nuveen Preferred & Income Term Fund competes directly with Cohen & Steers Select Preferred and Income Fund by also investing in preferred securities and seeking to provide income for investors. However, JPI benefits from the strong brand reputation of Nuveen, combined with a long-standing expertise in managing fixed-income securities which lends credibility and potentially attracts more conservative investors looking for stable returns. This may give Nuveen a competitive edge over PSF in terms of brand trust and investor recognition.