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Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP)

NYSE - NYSE Delayed price. Currency in USD
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20.02+0.03 (+0.15%)
At close: 04:00PM EDT

Cohen & Steers REIT and Preferred Income Fund, Inc.

1166 Avenue of the Americas
30th Floor
New York, NY 10036
United States
212 832 3232
https://www.cohenandsteers.com/funds/details/reit-and-preferred-income-fund

Sector(s)Financial Services
IndustryAsset Management
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Adam M. Derechin C.F.A.Chief Operating Officer and Member of Executive CommitteeN/AN/A1965
Mr. Francis Casimir Poli Esq.Executive Vice President, General Counsel, Corporate Secretary and Member of Executive CommitteeN/AN/A1963
Mr. William F. Scapell C.F.A.Portfolio ManagerN/AN/A1967
Mr. Joseph Martin HarveyPortfolio ManagerN/AN/A1964
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts. For its fixed income portfolio, the fund typically invests in debt and preferred securities of companies operating across diversified sectors. It employs fundamental analysis to create its fixed income portfolio with a focus on the issuer's creditworthiness, corporate and capital structure, placement of the preferred or debt securities within that structure, momentum and other exogenous signals, and relative value versus other income security classes and for its equity portfolio also it employs fundamental analysis to create its portfolio with a focus on growth potential, earnings estimates, and the quality of management. The fund benchmarks the performance of its portfolio against the FTSE NAREIT Equity Index, S&P 500 Index, Merrill Lynch Fixed Rate Preferred Index, and FTSE NAREIT Equity REIT Index. It was formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund. Cohen & Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States.

Corporate governance

Cohen & Steers REIT and Preferred Income Fund, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.