Cohen & Steers Reit & Preferred & Income Fund (RNP) Plunges 1.72%

Cohen & Steers Reit & Preferred & Income Fund (RNP) experienced a significant decline, dropping 1.72% and marking its fourth consecutive day of losses, with a cumulative decrease of 13.54% over the past four days. The share price fell to its lowest level since April 2024 today, with an intraday decline of 2.63%.

On April 8, 2025, the fund's decline was attributed to a lack of specific reasons, indicating a broader market sentiment or internal adjustments within the fund. This period of sustained losses suggests that investors may be reassessing their positions in response to recent market conditions or changes in the fund's strategy.

Investors are advised to monitor the fund's performance closely and consider the potential impact of broader market trends on their investment decisions. The recent decline may present an opportunity for long-term investors to acquire shares at a discounted price, but it also underscores the importance of conducting thorough research and staying informed about the fund's management and market outlook.