CNS AR24 Digital - Book - Page 25
estate securities, or force us to reduce existing ownership amounts in general or at prices that are not attractive, our revenue
and our ability to invest available assets and increase the assets we manage could be negatively affected.
A decline in the absolute or relative performance or value of preferred securities or similar securities in which
we invest, or the attractiveness of portfolios or investment strategies utilizing such securities, would have an adverse
effect on the assets we manage and our revenue.
As of December 31, 2024, approximately 21.4% of our total assets under management was concentrated in preferred
securities strategies, including approximately 9.2% in the Cohen & Steers Preferred Securities and Income Fund. Preferred
securities investments are subject to varying degrees of market, contractual, financial, regulatory, litigation and other risks
that could affect investment performance, returns and attractiveness, including risks related to actual or anticipated
inflationary trends, interest rates, comparative returns on senior credit or
