Cohen & Steers Select Preferred and Income Fund, Inc. Estimates Distribution for the Month and Year-To-Date Ended December 31, 2017, Payable on December 29, 2017
December 21, 2017 at 06:25 pm EST
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Cohen & Steers Select Preferred and Income Fund, Inc. estimated distribution for the month and year-to-date ended December 31, 2017. For the month, the company announced total current distribution of $0.1720 per share and for the year-to-date the company announced net realized long-term capital gains of $0.3622 per share and total current distribution of $2.1740 per share, to be paid on December 29, 2017 and cumulative distributions paid fiscal year-to-date.
Cohen & Steers Select Preferred and Income Fund, Inc. (the Fund) is a closed-end management investment company. The Fundâs primary investment objective is high current income. The Fundâs secondary investment objective is capital appreciation. It invests in preferred securities, short-term investments, interest rate swap contracts, purchased option contracts, written option contracts and forward foreign currency exchange contracts. The Fund invests at least 25% of its net assets in the financial sector. The Fund invests in various sectors, such as utilities, real estate, electric, pipelines, financial, insurance, bank, oil and gas, and integrated telecommunications services. Its portfolio has an investment in a geographic region, including the United States, the United Kingdom, Canada, France, Switzerland, Australia, Germany, Japan, Ireland, Denmark, the Netherlands, Bermuda, Hong Kong, Italy, and Spain. The Fundâs investment advisor is Cohen & Steers Capital Management, Inc.
Cohen & Steers Select Preferred and Income Fund, Inc. Estimates Distribution for the Month and Year-To-Date Ended December 31, 2017, Payable on December 29, 2017