Cohen & Steers Tax-adv Prd Sec and Inc SEC Filings

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund reported a solid year for the period ended October 31, 2025. Net asset value (NAV) total return was 8.49%, while market price total return was 7.10%, both ahead of the Linked Blended Benchmark’s 6.93%. Over one year, average annual total returns were 8.49% at NAV and 7.10% at market value.

The portfolio benefited most from preferred securities issued by banks, especially European contingent capital securities, along with selective gains in insurance, utilities and pipelines. Certain finance and real estate holdings lagged, including positions in Oaktree Capital Group and DigitalBridge Group.

Leverage is a core part of the strategy: as of October 31, 2025, leverage represented 34% of managed assets, supported by a mix of variable and fixed-rate financing with a weighted average cost of 3.1%. Net investment income was $63.5 million, against total expenses of $50.0 million, and the fund paid total dividends and distributions of $88.9 million, including $8.1 million classified as tax return of capital. Net assets were $1,169,918,385, with NAV per share of $21.17 and a market price of $19.94, a 5.81% discount to NAV.

Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund officer and portfolio manager reported annual changes in ownership of the fund’s common shares on a Form 5 for the fiscal year ended 10/31/2025. The filing shows multiple acquisitions of common stock on 10/31/2025 coded as "A" for acquired, with a transaction price of $0 because the shares were obtained through dividend reinvestment at fair market value during the 2025 reporting year.

After these transactions, the reporting person held common shares both directly and indirectly, including positions attributed to a child’s account and a spouse’s account, while disclaiming beneficial ownership beyond her pecuniary interest. The form is filed by a single reporting person and reflects routine dividend reinvestment activity rather than open-market purchases.

Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) reported an annual update on insider holdings. A portfolio manager filed a Form 5 for the fiscal year ended 10/31/2025, disclosing changes in beneficial ownership.

The filing shows the reporting person acquired 71.2361 common shares on 10/31/2025 at a stated price of $0, with the note that these shares were accumulated through dividend reinvestments at fair market value throughout the 2025 reporting year. Following these transactions, the reporting person beneficially owned 914.967 common shares, held in direct form.

The Form 5 indicates no derivative securities were reported as acquired, disposed of, or held at year-end, focusing solely on non-derivative common stock obtained via the fund's dividend reinvestment process.

Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund reported an initial ownership filing for one of its officers. The reporting person is an officer of the fund, serving as Deputy Chief Compliance Officer and Vice President. This Form 3 indicates that, as of the event date of 12/09/2025, the officer does not beneficially own any shares or derivative securities of the fund. The filing is made by a single reporting person and simply records that there are no holdings to disclose.

Bank of America Corporation filed Amendment No. 1 to Schedule 13G for Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA), reporting passive beneficial ownership. As of 09/30/2025, Bank of America beneficially owned 3,995,717 shares, representing 7.2% of the class.

The filing lists sole voting power: 0, shared voting power: 2,567, sole dispositive power: 0, and shared dispositive power: 3,995,717. It certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.