Cohen & Steers Preferred Securities and Income Fund Announces March 2014 Distribution

NEW YORK, March 20, 2014 /PRNewswire/ -- The Board of Directors of the Cohen & Steers Preferred Securities and Income Fund, Inc. (the "Fund" ) will declare the distribution for the Fund's Class I shares for the month of March 2014, as summarized in the chart below. Distribution rates for the Fund's Class A and Class C shares will vary based upon class specific expenses. The distribution for each class will be payable on March 31, 2014 to shareholders of record on March 28, 2014, with an ex-dividend date of March 31, 2014. 

Please note that distributions paid by the Fund to shareholders are subject to recharacterization for tax purposes and are taxable up to the amount of the Fund's investment company taxable income and net realized gains. Distributions in excess of the Fund's investment company taxable income and realized gains are a return of capital distributed from the Fund's assets.  The amount and composition of the Fund's distributions is disclosed at cohenandsteers.com; however, this information may change after the calendar year end once the final tax characteristics of the Fund's distributions can be determined with certainty.  Final tax characteristics of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.

More information is available at cohenandsteers.com.

//Website: http://cohenandsteers.com/
Symbol:NYSE: CNS

About Cohen & Steers. Founded in 1986, Cohen & Steers is a leading global investment manager with a long history of innovation and a focus on real assets, including real estate, infrastructure and commodities. Headquartered in New York City, with offices in London, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors around the world.

Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. A summary prospectus and prospectus containing this and other information may be obtained, free of charge, by visiting cohenandsteers.com or by calling 800 330 7348. Please read the summary prospectus and prospectus carefully before investing.

SOURCE Cohen & Steers

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