CEF Advisors AICA Event NAVigator Podcast

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Tax-Advantaged Preferred Securities and Income Fund (PTA)

Specialty Equity Funds - Preferred Equity

Data as of July 16, 2024
Market Price $19.86 (- $0.04)
NAV (July 16, 2024) $20.70 (- $0.13)
Fund Listed NYSE
Premium / Discount -4.06% (+0.41%)
Fund Info
Inception Oct. 28, 2020
Sponsor Cohen & Steers Capital Management
Website https://www.cohenandst...
Phone 866 227 0757
Location New York
Incorporated Maryland
Staggered Board No
Term Date Oct. 27, 2032
Objective: Primary high current income and secondary capital appreciation by investing 80% portfolio of preferred and other income securities. Fund intends to terminate as of the twelfth anniversary of the effective date of the Fund
Related Indexes
15 Major CEF Sectors Index
60/40 Balanced (w/ BDCs) Index
Tax-Sensitive Income Index
Taxable Bond & BDC Index
Preferred Equity Index
Capital & Leverage
Outstanding Shares 55,273,457
Total Assets (Reported: April 30, 2024) $1,729M
Estimated Total Assets $1,758M
Net Assets $1,144M
Market Cap $1,098M
Portfolio Turnover 35.00%
Total Leverage 34.93%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 5.03%
Non Lev Exp Ratio 1.68%
Rel Lev Cost 6.21%
Discount Data
Average Discount (3 Yr) -7.75%
Discount Low(3 Yr) -13.97%
Discount High(3 Yr) -1.37%
Discount Rel Range (3 Yr) 78.68%
Comp Discount 0.50
Discount St Dev (1Yr) 1.42
Z-Stat (6mo) 1.60
Z-Stat (1Yr) 2.03
Z-Stat (3Yr) 1.36
Comp Z-Stat (6mo) 0.17
Comp Z-Stat (3Yr) 1.21
Distribution Data
Market Yield 8.10%
Income Yield 6.48%
Lev Adj NAV Yield 5.76%
Distribution Frequency M
Current Distribution $0.134
Current Income $0.107
Ex-Date 7/16/24
Payable Date 7/31/24
Div Growth (3yr) 3.08%
Dividend Change 3.1% on 12/13/22
Expected Div 9/24/24
RoC (1yr) 21.50%
RoC (3yr) 10.24%
Tax Dividend Data 2023 2021 - 2023
Income 92.5% 95.2%
ST Gains 0% 0%
QDI 92.5% 95.2%
LT Gains 0% 0.5%
RoC 7.5% 4.3%
Volume & Liquidity
Average Daily $ (K) $2,268
Avg Volume 30 day 122,946
Avg Volume 90 day 114,215
Volume Trend 7.64%
Comp Volume Trend -0.19%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Preferred Equity Index
Most Correlated Peer (Mk Pr): DFP 83.0%
NAV - Price Correlation (30 d) 80.7%
NAV - Price Correlation (90 d) 92.2%
NAV - Price Correlation (1 Yr) 95.5%
Price St Dev (1Yr) 12.9%
NAV St Dev (1Yr) 4.9%
Earnings / Share (4/30/24) $0.071
Earn Coverage 52.84%
Earnings Trend Up
UNII / Share (4/30/24) $-1.464
Rel UNII -113.79
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Preferred Equity Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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