Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA)
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P. The fund seeks to invest in securities of any maturity. It employs fundamental analysis to create its portfolio. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund was formed on October 26, 2020 and is domiciled in the United States.
- Ticker
- PTA
- Exchange
- NYSE
- Sector
- Financial Services
- Industry
- Asset Management
- Market cap
- $1.06B
- 52-week range
- $16.66 - $19.98
Valuation
- Share price
- $17.25 (close of Nov 6, 2026)
- P/E (TTM)
- 11.01x
- Price to book
- 0.84x
- Price to free cash flow
- 12.15x
- Enterprise value
- $1.66B
- Book value per share
- $22.69
Price performance
| Period | Change |
|---|---|
| 1 day | +1.59% |
| 5 days | +0.58% |
| 1 month | +0.41% |
| 3 months | -9.07% |
| 6 months | -12.97% |
| Year to date | -10.67% |
| 1 year | -13.10% |
| 3 years | -1.48% |
| 5 years | -30.78% |
| All time | -31.00% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 0.03%
- Shares short
- 15.12K
- Days to cover
- 0.05
- Change since prior report
- -62.35%
- Source
- FINRA consolidated short interest
Profitability and growth
- Return on equity
- 20.65%
- Return on invested capital
- -47.56%
- Return on assets
- 13.55%
- Return on capital employed
- -31.21%
- Gross margin
- 100.00%
- Net margin
- 99.32%
- EBITDA margin
- 0.00%
- Free cash flow growth
- -51.21%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 8.23%
- Current ratio
- 2.73x
- Net debt to EBITDA
- 6.73x
Latest reported year
- Period end
- Oct 31, 2024
- Fiscal year
- 2024
- Revenue
- $243.11M
- Gross profit
- $243.11M
- Net income
- $241.46M
Income statement by year
| Period end | Revenue | Gross profit | Net income |
|---|---|---|---|
| 2024-10-31 | $243.11M | $243.11M | $241.46M |
| 2023-10-31 | -$1.98M | -$1.98M | -$3.61M |
| 2022-10-31 | -$228.81M | -$228.81M | -$230.39M |
| 2021-10-31 | $133.57M | $133.57M | $131.07M |
| 2020-10-31 | -$289.72K | -$289.72K | -$451.26K |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2024-10-31 | 100.00% | 99.32% | 20.65% | -47.56% |
| 2023-10-31 | 100.00% | 182.00% | -0.36% | -0.21% |
| 2022-10-31 | 100.00% | 100.69% | -20.78% | -12.85% |
| 2021-10-31 | 100.00% | 98.13% | 9.14% | 6.17% |
| 2020-10-31 | 100.00% | 155.76% | -0.04% | -0.02% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2024-10-31 | $1.41M | - |
| 2023-10-31 | $1.33M | $600.11M |
| 2022-10-31 | $259.82K | $682.84M |
| 2021-10-31 | $1.24M | $690.16M |
Free cash flow by year
| Period end | Free cash flow |
|---|---|
| 2024-10-31 | $82.62M |
| 2023-10-31 | $169.34M |
| 2022-10-31 | $102.68M |
| 2021-10-31 | -$731.70M |
Investor relations
Filings and sources
- Company website
- cohenandsteers.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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