Cohen & Steers Expands Active‑ETF Suite with Infrastructure and Short‑Duration Preferred Launches

CNS
December 10, 2025

Cohen & Steers, Inc. (NYSE: CNS) added two new actively managed ETFs to its lineup on December 10, 2025. The Cohen & Steers Infrastructure Opportunities Active ETF (CSIO) and the Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) began trading on NYSE Arca that day, bringing the firm’s active‑ETF portfolio to five products that cover real estate, infrastructure, natural resources and preferred securities.

The active‑ETF market is accelerating, with analysts projecting U.S. assets to reach $1 trillion by the end of Q1 2025 and $3 trillion in the next three years. Infrastructure and short‑duration preferred strategies are among the fastest‑growing niches, with infrastructure ETFs expected to attract $200 billion in new assets over the next five years and short‑duration preferred funds projected to grow at a 12% annualized rate. By launching CSIO and CSSD, Cohen & Steers taps these tailwinds and positions itself to capture a larger share of the expanding active‑ETF landscape.

Cohen & Steers has built a reputation for deep expertise in real assets and preferred securities. CEO Joseph Harvey said the new launches “build on the success we have seen this year in our active‑ETF suite, reflecting a growing appetite from investors for targeted, actively managed strategies from managers with a strong track record generating alpha.” Head of Global Distribution Daniel Noonan added that the firm’s “decades of proven expertise in infrastructure and preferred securities” will help wealth managers and retail investors build better portfolios in today’s markets.

The new ETFs enter a competitive field that includes iShares, SPDR and Invesco, all of which offer infrastructure and preferred‑security products. Cohen & Steers differentiates itself through active management, a focus on high‑quality, income‑generating assets, and a lower expense ratio for CSIO (0.55%) and CSSD (0.60%) compared to many passive peers. The firm’s track record of outperforming benchmarks in its existing three ETFs—CSRE, CSPF and CSNR—provides a credibility advantage as it expands into these segments.

The launch is expected to broaden Cohen & Steers’ revenue mix and attract new assets. Management anticipates that CSIO and CSSD will draw institutional and retail capital seeking diversified real‑asset exposure with the liquidity and tax efficiency of ETFs. The firm’s recent Q3 2025 earnings beat, driven by strong demand for its core real‑asset strategies, signals that the company can scale new products while maintaining profitability. The addition of CSIO and CSSD strengthens the firm’s competitive positioning and supports its long‑term growth strategy in the active‑ETF market.

Overall, the introduction of CSIO and CSSD marks a significant milestone for Cohen & Steers, expanding its active‑ETF suite into high‑growth infrastructure and short‑duration preferred segments and reinforcing its reputation as a leading manager of real‑asset and income‑focused ETFs.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.