Core Viewpoint - Cohen & Steers, Inc. plans to convert the Cohen & Steers Future of Energy Fund into an actively managed ETF, aiming to enhance trading flexibility, portfolio transparency, and tax efficiency for shareholders [1]. Group 1: Fund Conversion Details - The conversion of the Cohen & Steers Future of Energy Fund to an ETF has been approved by the Fund's Board of Directors and is expected to be completed in June 2026 [1]. - The ETF will be managed by the same portfolio management team and will pursue the same investment objectives as the current mutual fund [1]. Group 2: Benefits of Conversion - The conversion is intended to provide shareholders with enhanced trading flexibility, increased transparency of portfolio holdings, and improved tax efficiency [1]. Group 3: Existing ETFs - Upon completion of the conversion, the Cohen & Steers Future of Energy Fund will become the firm's sixth actively managed ETF, joining five other ETFs: CSSD, CSPF, CSNR, CSIO, and CSRE [1]. Group 4: Company Overview - Cohen & Steers, Inc. is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, and commodities [1]. - The firm was founded in 1986 and is headquartered in New York City, with additional offices in London, Dublin, Hong Kong, Tokyo, and Singapore [1].
Cohen & Steers Announces Plan to Convert the Cohen & Steers Future of Energy Fund to ETF