(PSF) Cohen Steers Select - Ratings and Ratios

The Cohen & Steers Select Preferred and Income Closed Fund (NYSE:PSF) is a US-based investment fund specializing in preferred stock. As a closed-end fund, it provides a diversified portfolio of preferred securities, aiming to generate income for its investors.

Analyzing the funds characteristics, we can infer that its investment strategy focuses on preferred stocks, which typically offer a higher yield than common stocks, but with a lower volatility profile. The funds portfolio likely comprises a mix of high-quality, income-generating preferred securities, potentially including those from financial institutions, real estate investment trusts (REITs), and other sectors.

From a technical analysis perspective, the funds price is currently at $19.51, slightly above its 20-day simple moving average (SMA) of $19.14, indicating a potential short-term uptrend. The 50-day SMA is at $19.43, and the 200-day SMA is at $19.59, suggesting a relatively stable long-term trend. The average true range (ATR) is 0.35, or 1.78% of the current price, indicating moderate volatility. The 52-week high and low prices are $20.57 and $17.84, respectively, providing context for the funds recent price movements.

With assets under management (AUM) of $259.47 million, the fund is of moderate size, allowing for a reasonable level of diversification and economies of scale. The funds relatively small size may also enable it to capitalize on niche investment opportunities that larger funds might overlook.

Forecasting the funds future performance, we can consider both technical and fundamental factors. Based on the current technical indicators, the funds price may continue to trend upwards, potentially targeting the 52-week high of $20.57. From a fundamental perspective, the funds focus on preferred stock and its diversified portfolio should continue to attract income-seeking investors, supporting the funds AUM and potentially driving long-term stability. Assuming a stable interest rate environment and a continued demand for income-generating securities, we forecast a potential price target of $20.80 in the next 6-12 months, representing a 6.6% increase from the current price.