Cohen & Steers ETF Trust has updated its prospectus for the Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD), which includes significant clarifications regarding the purchase and sale of shares. This update, filed on October 30, 2026, is essential for investors and intermediaries involved in trading the fund.

The update specifies that shares of the fund are issued and redeemed only through Authorized Participants, typically broker-dealers who have agreements with the fund's distributor, Foreside Fund Services, LLC. This change aims to streamline the trading process and provide clarity on how shares can be purchased and sold.

Background

Cohen & Steers ETF Trust is an investment management firm that focuses on managing exchange-traded funds (ETFs). The firm is known for its expertise in preferred securities and income-generating investments. The recent filing, dated October 30, 2026, is part of the company's ongoing efforts to maintain transparency and provide up-to-date information to investors.

What the Filing Says

The filing states: "The section titled 'Purchase and Sale of Fund Shares' of the Fund's Prospectus is hereby deleted and restated in its entirety." The update clarifies that shares are only redeemable in large blocks called Creation Units and emphasizes the role of financial intermediaries in the trading process.

Impact

This update may affect investors and financial intermediaries involved in the trading of the CSSD ETF. By clarifying the process for purchasing and selling shares, Cohen & Steers aims to enhance investor understanding and potentially improve trading efficiency.

What's Next

The filing does not say what happens next.