Cohen & Steers REIT and Preferred Income Fund, Inc. (the Fund) is a diversified, closed-end management investment fund. The Fund's investment objective is high current income through investment in real estate and diversified preferred securities. The secondary investment objective is capital appreciation. Real estate securities include securities of any market capitalization issued by real estate companies (including real estate investment trusts (REITs)) and preferred securities issued by the United States and non-United States companies. The Fund invests in sectors, including industrials, electric, financials, utilities, real estate, insurance and banks. The Fund's investment manager is Cohen & Steers Capital Management, Inc.