Business
Cohen & Steers Renames UCITS Preferred Securities Strategies as Hybrid Credit Strategies
Cohen & Steers, Inc. (NYSE: CNS) announced today that it has changed the name of two of its SICAV funds to better align with market definitions of the types of securities in which the funds invest. The Cohen & Steers SICAV Preferred Income Fund is now the Cohen & Steers SICAV Hybrid Credit & Income Fund, and the Cohen & Steers SICAV Short Duration Preferred Income Fund is now the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund.
About this update from Cohen & Steers Inc
[{"type":"text","content":"SINGAPORE and LONDON, April 30, 2026 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that it has changed the name of two of its SICAV funds to better align with market definitions of the types of securities in which the funds invest. The Cohen & Steers SICAV Preferred Income Fund is now the Cohen & Steers SICAV Hybrid Credit & Income Fund, and the Cohen & Steers SICAV Short Duration Preferred Income Fund is now the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund.","length":533,"tagName":"p"},{"type":"text","content":"These changes do not alter the funds' strategies. Rather, they reflect investor expectations with regard to hybrid credit strategies, mirroring feedback from clients outside the U.S. to more clearly represent the funds' investible universe than the term "preferreds."","length":285,"tagName":"p"},{"type":"text","content":"To learn more about all of Cohen & Steers' SICAV funds, please visit the full Cohen & Steers list of Funds: Funds - Cohen & Steers.","length":157,"tagName":"p"},{"type":"text","content":"This is a marketing communication. Please refer to the prospectus of the Cohen & Steers SICAV and to the relevant KIID/KID before making any final investment decisions. These documents are available free of charge on the Cohen & Steers website.","length":252,"tagName":"p"},{"type":"text","content":"About Cohen & Steers SICAV Funds. The Funds are sub-funds of Cohen & Steers SICAV, a Luxembourg-domiciled undertaking for collective investment in transferrable securities (UCITS). Shares of the Funds are only offered pursuant to the current prospectus and the sales of shares of the Funds may be restricted in certain jurisdictions. In particular, shares may not be offered or sold, directly or indirectly in the United States or to U.S. persons, as more fully described in the Funds' prospectus. Please see the prospectus for additional information including important risk considerations, potential loss of capital, and details about fees and expenses. Past performance is no guarantee of future results.","length":729,"tagName":"p"},{"type":"text","content":"About Cohen & Steers, Inc. Cohen & Steers, Inc. ("Cohen & Steers") is a leading global investment manager specia...