Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP)

Profile

https://www.cohenandsteers.com/funds/details/reit-and-preferred-income-fund

Cohen & Steers REIT and Preferred and Income Fund Inc. is a closed-end mutual fund that specializes in investing in real estate and diversified preferred securities. Its primary objective is to generate high current income, with a secondary focus on capital appreciation. The fund invests in income-producing common stocks of real estate investment trusts (REITs) and in preferred and other debt securities across various sectors. By combining real estate and fixed income investments, the fund aims to provide a balanced portfolio with low correlation to traditional stocks and bonds. This strategy allows the fund to offer a unique combination of income potential and capital growth, making it an attractive option for investors seeking stable returns and reduced risk.