Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) Research
The Cohen & Steers REIT and Preferred Income Fund, Inc., initially launched by Cohen & Steers Inc. on June 27, 2003, is a closed-ended, balanced mutual fund based in the United States. Formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund, it is currently managed by Cohen & Steers Capital Management, Inc. The fund strategically invests across both public equity and fixed income markets within the U.S. Its equity holdings are primarily concentrated in companies within the real estate sector, including Real Estate Investment Trusts (REITs). For its fixed income allocations, the fund typically acquires debt and preferred securities from businesses spanning diverse industries. Fundamental analysis underpins the fund's investment approach for both asset classes. When constructing its fixed income portfolio, managers prioritize factors such as an issuer's financial stability, its corporate and capital structure, the specific ranking of the preferred or debt securities within that structure, market trends and external indicators, and the relative attractiveness compared to other income investments. Similarly, for its equity portfolio, the fund evaluates companies based on their growth prospects, projected earnings, and the caliber of their management teams. The fund's performance is measured against several industry benchmarks, including the FTSE NAREIT Equity Index, the S&P 500 Index, the Merrill Lynch Fixed Rate Preferred Index, and the FTSE NAREIT Equity REIT Index.
Market snapshot
- Symbol
- RNP
- Price
- $19.87
- Day change
- -0.25%
- Market cap
- $953.8M
- P/E ratio
- 16.64x
- 52-week range
- 19.27-22.99
- Sector
- Financial Services
- Industry
- Asset Management - Income
Recent news
- High-Yield REITs Are Still On The Mat, But It's Time For A Rebound
Let me take you back to April 2001 for a second. Because that year brought a key turning point for income investors.
Peer companies
- Sterling Capital Equity Income Fund Class A (BAEIX)
- Sterling Capital Equity Income Fund Institutional Class (BEGIX)
- BlackRock Credit Allocation Income Trust (BTZ)
- Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC)
- First Trust Intermediate Duration Preferred & Income Fund (FPF)
- Heartland Value Fund Insti Class Shs (HNTVX)
- Oakmark Global Select Fund Investor Class (OAKWX)
- PIMCO Municipal Income Fund II (PML)
Recent insider activity
- DERECHIN ADAM M — trade (0 shares) on 2025-12-31
- Clark Michael G — trade (0 shares) on 2025-12-31
- Maginnis Gerald J. — trade (0 shares) on 2025-12-31
- Rogers-Windsor Ramona Lynn — trade (0 shares) on 2025-12-31
- Hilal Nargis — trade (0 shares) on 2025-12-09
Open Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.