Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA)
Company Profile
| N-2 | 6 Months Ended |
| Apr. 30, 2024 | |
| Cover [Abstract] | |
| Entity Central Index Key | 0001793882 |
| Amendment Flag | false |
| Document Type | N-CSRS |
| Entity Registrant Name | Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund |
| General Description of Registrant [Abstract] | |
| Risk Factors [Table Text Block] | Note 8. Other Risks Risk of Market Price Discount from Net Asset Value closed-end conditions, and other factors beyond the control of the Fund, Fund shares may trade at, above or below NAV, or at below or above the initial public offering price. Preferred Securities Risk Contingent Capital Securities Risk: non-cumulative Concentration Risk: to) energy, industrials, utilities, pipelines, health care and telecommunications, the Fund will be subject to the risks associated with these particular sectors and industries. These sectors and industries may be adversely affected by, among others, changes in government regulation, world events and economic conditions. Credit and Below-Investment-Grade Securities Risk: Liquidity Risk: Foreign (Non-U.S.) Foreign Currency Risk: foreign currency risks, and such investments are subject to the risks described under “Derivatives and Hedging Transactions Risk” below. Leverage Risk: Derivatives and Hedging Transactions Risk: Geopolitical Risk On January 31, 2020, the United Kingdom (UK) withdrew from the European Union (EU) (referred to as Brexit). An agreement between the UK and the EU governing their future trade relationship became effective January 1, 2021. Brexit has resulted in volatility in European and global markets and could have potentially significant negative long-term impacts on financial markets in the UK and throughout Europe. On February 24, 2022, Russia launched a large-scale invasion of Ukraine significantly amplifying already existing geopolitical tensions. The United States and many other countries have instituted various economic sanctions against Russia, Russian individuals and entities and Belarus. The extent and duration of the military action, sanctions imposed and other punitive actions taken (including any Russian retaliatory responses to such sanctions and actions), and resulting disruptions in Europe and globally cannot be predicted, but could be significant and have a severe adverse effect on the global economy, securities markets and commodities markets globally, including through global supply chain disruptions, increased inflationary pressures and reduced economic activity. Ongoing conflicts in the Middle East could have similar negative impacts. To the extent the Fund has exposure to the energy sector, the Fund may be especially susceptible to these risks. Furthermore, in March 2023, the shut-down of certain financial institutions raised economic concerns over disruption in the U.S. banking system. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system. These disruptions may also make it difficult to value the Fund’s portfolio investments and cause certain of the Fund’s investments to become illiquid. The strengthening or weakening of the U.S. dollar relative to other currencies may, among other things, adversely affect the Fund’s investments denominated in non-U.S. Regulatory Risk 18f-4, |
| Risk of Market Price Discount from Net Asset Value [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Risk of Market Price Discount from Net Asset Value closed-end conditions, and other factors beyond the control of the Fund, Fund shares may trade at, above or below NAV, or at below or above the initial public offering price. |
| Preferred Securities Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Preferred Securities Risk |
| Contingent Capital Securities Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Contingent Capital Securities Risk: non-cumulative |
| Concentration Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Concentration Risk: to) energy, industrials, utilities, pipelines, health care and telecommunications, the Fund will be subject to the risks associated with these particular sectors and industries. These sectors and industries may be adversely affected by, among others, changes in government regulation, world events and economic conditions. |
| Credit and BelowInvestmentGrade Securities Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Credit and Below-Investment-Grade Securities Risk: |
| Liquidity Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Liquidity Risk: |
| Foreign Non US Securities Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Foreign (Non-U.S.) |
| Foreign Currency Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Foreign Currency Risk: foreign currency risks, and such investments are subject to the risks described under “Derivatives and Hedging Transactions Risk” below. |
| Leverage Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Leverage Risk: |
| Derivatives and Hedging Transactions Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Derivatives and Hedging Transactions Risk: |
| Geopolitical Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Geopolitical Risk On January 31, 2020, the United Kingdom (UK) withdrew from the European Union (EU) (referred to as Brexit). An agreement between the UK and the EU governing their future trade relationship became effective January 1, 2021. Brexit has resulted in volatility in European and global markets and could have potentially significant negative long-term impacts on financial markets in the UK and throughout Europe. On February 24, 2022, Russia launched a large-scale invasion of Ukraine significantly amplifying already existing geopolitical tensions. The United States and many other countries have instituted various economic sanctions against Russia, Russian individuals and entities and Belarus. The extent and duration of the military action, sanctions imposed and other punitive actions taken (including any Russian retaliatory responses to such sanctions and actions), and resulting disruptions in Europe and globally cannot be predicted, but could be significant and have a severe adverse effect on the global economy, securities markets and commodities markets globally, including through global supply chain disruptions, increased inflationary pressures and reduced economic activity. Ongoing conflicts in the Middle East could have similar negative impacts. To the extent the Fund has exposure to the energy sector, the Fund may be especially susceptible to these risks. Furthermore, in March 2023, the shut-down of certain financial institutions raised economic concerns over disruption in the U.S. banking system. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system. These disruptions may also make it difficult to value the Fund’s portfolio investments and cause certain of the Fund’s investments to become illiquid. The strengthening or weakening of the U.S. dollar relative to other currencies may, among other things, adversely affect the Fund’s investments denominated in non-U.S. |
| Regulatory Risk [Member] | |
| General Description of Registrant [Abstract] | |
| Risk [Text Block] | Regulatory Risk 18f-4, |