- CEO
- Elaine Zaharis Nikas
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1166 Avenue of the Americas, 30th Floor New York NY United States of America 10036
- IPO Date
- Dec 9, 2025
- Business
- Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) is an actively managed exchange-traded fund that seeks total return through a portfolio of short-duration preferred securities and income-producing debt securities with an average duration of less than three years; it emphasizes investment-grade, institutional preferred securities to deliver tax-efficient income and capital preservation as an alternative to traditional short-term fixed income. The fund, issued by Cohen & Steers ETF Trust and listed on NYSE Arca under the ticker CSSD, employs fundamental analysis for security selection and portfolio construction, focusing on high-quality holdings to maintain attractive credit profiles while targeting current income and total returns. CSSD targets institutional and retail investors seeking income solutions amid volatile interest rates, with operations primarily in U.S. markets through global securities exposure.
Launched on December 9, 2025, CSSD represents a recent expansion of Cohen & Steers' active ETF suite, alongside the simultaneous debut of the Cohen & Steers Infrastructure Opportunities Active ETF (CSIO); this launch builds on the firm's earlier 2025 introductions of funds like Cohen & Steers Real Estate Active ETF (CSRE), Natural Resources Active ETF (CSNR), and Preferred and Income Opportunities Active ETF (CSPF). Managed by Elaine Zaharis-Nikas, Head of Fixed Income and Preferred Securities, along with Portfolio Managers Jerry Dorost and Robert Kastoff, the ETF carries an expense ratio of 0.49% and had initial assets under management of approximately $15 million shortly after inception.
Cohen & Steers, Inc. (NYSE: CNS), the fund's investment adviser, specializes in real assets and alternative income strategies, including real estate securities, preferred securities, infrastructure, and natural resource equities; founded in 1986 by Martin Cohen and Robert Steers, the firm is headquartered in New York City with additional offices in London, Dublin, Hong Kong, Tokyo, and Singapore. CSSD operates within Cohen & Steers' broader platform managing over $91 billion in assets as of November 30, 2025, serving institutional accounts, mutual funds, and closed-end funds globally. No subsidiaries or parent relationships apply directly to CSSD, which trades as a standalone ETF product.