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Morgan Stanley (PSF) trims Cohen & Steers fund holdings below 5% threshold

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Morgan Stanley and its affiliate Morgan Stanley Smith Barney LLC report beneficial ownership of Cohen & Steers Select Preferred & Income Fund, Inc. common stock, holding 546,936 shares, representing 4.6% of the class, with shared voting and dispositive power.

Both reporting persons state that, as of this date, each has ceased to be the beneficial owner of more than five percent of this class of securities, indicating their ownership has fallen below the 5% reporting threshold for large shareholders.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 546,936 shares Beneficial ownership of PSF common stock reported by each Morgan Stanley entity
Percent of class 4.6% Portion of PSF common stock class beneficially owned
Shared voting power 2 shares Number of PSF shares over which Morgan Stanley reports shared voting power
Shared dispositive power 546,936 shares Number of PSF shares over which Morgan Stanley reports shared dispositive power
beneficial owner financial
"has ceased to be the beneficial owner of more than five percent"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared dispositive power financial
"Shared Dispositive Power 546,936.00"
Schedule 13G regulatory
"this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

FAQ

What ownership stake in PSF does Morgan Stanley report in this Schedule 13G/A?

Morgan Stanley reports beneficial ownership of 546,936 shares of Cohen & Steers Select Preferred & Income Fund (PSF) common stock, equal to 4.6% of the outstanding class, held with shared voting and dispositive power.

What does it mean that Morgan Stanley owns 4.6% of PSF?

Owning 4.6% means Morgan Stanley and its affiliate jointly hold 546,936 PSF shares with shared voting and dispositive power, making them a significant but sub-5% institutional shareholder in the fund’s common stock.

Has Morgan Stanley’s beneficial ownership in PSF changed relative to the 5% threshold?

Yes. Morgan Stanley and Morgan Stanley Smith Barney LLC each state they have ceased to be beneficial owners of more than 5% of PSF, indicating their holdings have declined below the 5% large‑holder threshold.

How much voting power does Morgan Stanley report over PSF shares?

Morgan Stanley reports shared voting power over 2 shares and shared dispositive power over 546,936 shares of PSF, with no sole voting or dispositive power reported for either reporting person.

Who are the reporting persons in this PSF Schedule 13G/A filing?

The filing lists two reporting persons: Morgan Stanley and Morgan Stanley Smith Barney LLC, both organized in Delaware and sharing a principal business address at 1585 Broadway, New York, NY 10036.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





19248Y107

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities.


SCHEDULE 13G




Comment for Type of Reporting Person: As of the date hereof, Morgan Stanley Smith Barney LLC has ceased to be the beneficial owner of more than five percent of the class of securities.


SCHEDULE 13G



Morgan Stanley
Signature:Claire Gordon
Name/Title:Authorized Signatory, Morgan Stanley
Date:08/12/2026
Morgan Stanley Smith Barney LLC
Signature:David Galasso
Name/Title:Authorized Signatory, Morgan Stanley Smith Barney LLC
Date:08/12/2026
Exhibit Information

EXHIBIT NO. EXHIBITS ------------------ ------------------------------------ 99.1 Joint Filing Agreement 99.2 Item 7 Information * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).