Is Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) Halal?

NYSE Financial Services United States $1.0B
✗ NOT HALAL
Confidence: 95/100
Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from October 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
11.2
EPS
$1.63
Dividend Yield
883.0%
Payout: 98.7%
Revenue
$91M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$87M
Free Cash Flow$87M
Total Debt$603M
Total Assets$1.8B

Price & Trading

Last Close$18.61
50-Day MA$19.43
200-Day MA$19.78
Avg Volume159K
52-Week Range
$17.40
$20.92

About Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA)

CEO
Mr. Adam M. Derechin C.F.A.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$1.0B
Currency
USD

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P. The fund seeks to invest in securities of any maturity. It employs fundamental analysis to create its portfolio. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund was formed on October 26, 2020 and is domiciled in the United States.

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Frequently Asked Questions

Is Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund's debt ratio?

Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund's key financial metrics?

Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund has a market capitalization of $1.0B, trailing P/E ratio of 11.2, and revenue of $91M.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.