Cohen & Steers
280 Park Avenue
New York, NY 10017
December 14, 2010
Securities and Exchange Commission
Filing Desk
100 F. Street, N.E.
Washington, D.C. 20549
| Re: | Joint Insured Fidelity Bond of: |
Cohen & Steers Select Preferred and Income Fund, Inc. (File No. 811-22455)
Ladies and Gentlemen:
Enclosed for filing on behalf of the above-referenced registered investment management company (the “Fund”) pursuant to Rule 17g-1 of the Investment Company Act of 1940, as amended, are the following documents:
| (i) | A copy of the Fidelity Bond (the “Bond”), effective June 30, 2010, issued by St. Paul Fire and Marine Insurance Company insuring the Fund is attached as Exhibit 1; |
| (ii) | A copy of the joint Fidelity Bond Agreement in accordance with Rule 17g-1(f) is attached as Exhibit 2; |
| (iii) | A copy of the resolutions of the Directors of the Board, a majority of whom are not “interested persons” of the Fund, approving the amount, type, form and coverage of the Bond is attached as Exhibit 3; and |
| (iv) | A Rule 17g-1 Minimum Amount of Bond worksheet, showing the amount of a single insured bond which the Fund would have to maintain, had it not been named as an insured under the joint Bond, is attached as Exhibit 4. |
The Fund is a newly created fund that was added to the Bond effective December 7, 2010. The Bond permits a new fund to be added to the Bond and the Bond is automatically increased to comply with Rule 17g-1 without the payment of any additional premium.
If there are any questions regarding this filing, please contact the undersigned at (212) 832-3232.
Very truly yours,
| /s/ Tina M. Payne |
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| Tina M. Payne | ||
| Assistant Secretary | ||