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PTA - CEF Weekly Review: Bank Wobble Drives Deleveraging In Some Preferreds CEFs
April, 30 2023 01:47 AM
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund of Beneficial Interest
2023-04-30 01:47:42 ET
Summary We review CEF market valuation and performance through the third week of April and highlight recent market action. The CEF market was mostly down as interest rates and credit spreads rose over the week. A number of preferred CEFs deleveraged in March on the back of the bank tantrum. For further details see:
CEF Weekly Review: Bank Wobble Drives Deleveraging In Some Preferreds CEFs
Stock Information
Company Name:
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund of Beneficial Interest
Stock Symbol:
PTA
Market:
NYSE
Website:
cohenandsteers.com/
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