Cohen & Steers is expanding its active ETF lineup with two new funds designed to capture what the firm sees as major investment opportunities in infrastructure and income generation.
The Cohen & Steers Infrastructure Opportunities Active ETF (CSIO) and Cohen & Steers Short Duration Preferred & Income Active ETF (CSSD) began trading on December 10. These launches bring the firm's total active ETF count to five as it continues building out its platform throughout 2025.
CSIO takes a high-conviction approach to global infrastructure investing, unconstrained by benchmark limitations. The strategy is all about identifying sustained growth themes, particularly the exploding demand for electricity driven by data centers and artificial intelligence. Think about it: every ChatGPT query, every AI model training session, every cloud computing workload needs power, and lots of it. The infrastructure supporting that demand becomes increasingly valuable.
CSSD takes a different angle, targeting income-focused investors who want less exposure to interest rate fluctuations. According to the company, this ETF uses a rules-based methodology concentrating on short-duration investment-grade institutional preferred securities. The goal is offering an alternative to traditional short-term fixed income investments while maximizing tax efficiency and maintaining high credit quality. For investors nervous about rate movements but still seeking income, that's an appealing combination.
Cohen & Steers pointed to strong investor appetite for actively managed ETFs, especially from wealth managers searching for opportunities outside the traditional 60/40 stock-bond split. The firm also highlighted favorable market conditions for real assets and preferred stocks as catalysts for the new launches.
The expansion follows earlier 2025 launches focused on real estate, natural resources, and preferred securities. Cohen & Steers says its active ETF strategy leverages its established expertise in listed real assets while delivering the benefits investors expect from ETFs: intraday liquidity, transparency, and tax efficiency.
