Cohen & Steers REIT & Preferred Income Fund: A Solid Performer Amid Market Optimism

Cohen & Steers REIT & Preferred Income Fund (RNP) has delivered double-digit returns since the start of the year, reflecting investor optimism. The fund primarily invests in REITs, preferred shares, and bonds. Despite its solid performance, the article suggests that rate-sensitive REITs and selective preferred shares could be a winning strategy for RNP.