CSPF

CSPF is an actively managed fund that seeks high current income and capital growth. It primarily invests in undervalued preferred and income-producing securities issued by companies around the globe, including traditional, hybrid, and floating rate preferred securities, convertible securities, and contingent capital securities. To construct the portfolio, the fund evaluates issuer fundamentals, including creditworthiness, and considers market factors. ESG factors may also be incorporated into decision-making. The fund may invest at least 25% of its net assets in the financials sector, up to 15% in securities issued by emerging market firms, and an aggregate of at least 40% in foreign securities. The portfolio comprises preferred and other income securities of any maturity or credit rating. The fund may enter into derivative transactions to manage the interest rate, foreign currency, and credit risk. The fund typically intends to hedge currency exposure back to the USD.