COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND, INC. 280 Park Avenue New York, New York 10017 August 1, 2018 COHEN & STEERS CAPITAL MANAGEMENT, INC. 280 Park Avenue New York, New York 10017 Dear Sirs: Cohen & Steers Preferred Securities and Income Fund, Inc. (the "Corporation") herewith confirms its agreement with Cohen & Steers Capital Management, Inc. (the "Advisor") to offer a breakpoint relative to the Corporation's management fee on assets in excess of $8.5 billion. The Corporation will pay the Advisor a monthly investment advisory fee at the annual rate of 0.70% of the average daily net asset value of the Corporation up to $8.5 billion and 0.65% of such assets in excess of $8.5 billion. If the foregoing is in accordance with your understanding, please sign and return the enclosed copy hereof. Very truly yours, COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND, INC. By:		/s/ Dana A. DeVivo Name:		Dana A. DeVivo Title:		Assistant Secretary Agreed to and Accepted as of the date first set forth above. COHEN & STEERS CAPITAL MANAGEMENT, INC. By:		/s/ James Giallanza Name:		James Giallanza Title:		Executive Vice President