Cohen & Steers Realty Shares L CSRSX |
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Release date as of 2024-03-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2024-03-31 |
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Out of 236 Real Estate Funds
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Total Fund Assets ($ Mil) |
5,562.31 |
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Investment Objective & Strategy |
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The investment seeks total return through investment in real estate securities.
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Under normal market conditions, the fund invests at least 80% of its total assets in common stocks and other equity securities issued by real estate companies. It may invest up to 20% of its total assets in securities of foreign issuers which meet the same criteria for investment as domestic companies, including investments in such companies in the form of American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs") and European Depositary Receipts ("EDRs"). The fund is non-diversified. |
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Morningstar Category: Real Estate |
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Real estate portfolios invest primarily in real estate investment trusts of various types. REITs are companies that develop and manage real estate properties. There are several different types of REITs, including apartment, factory-outlet, health-care, hotel, industrial, mortgage, office, and shopping center REITs. Some portfolios in this category also invest in real estate operating companies.
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Growth of $10,000 |
(from 2014-01-01
to 2024-03-31)
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Investment: |
Cohen & Steers Realty Shares L |
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Benchmark 1: |
MSCI ACWI NR USD |
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Benchmark 2: |
S&P United States REIT TR USD |
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Category: |
Real Estate |
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This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden.
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Total Annualized Returns % |
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YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
Investment |
-0.49 |
9.53 |
3.39 |
5.73 |
7.65 |
10.74 |
MSCI ACWI NR USD |
8.20 |
23.22 |
6.96 |
10.92 |
8.66 |
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S&P United States REIT TR USD |
-0.36 |
10.36 |
4.10 |
4.05 |
6.45 |
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Category |
-0.97 |
8.45 |
1.69 |
3.45 |
5.85 |
9.62 |
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Morningstar Rating |
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# of compared
Real Estate
funds covered
(3 yrs : out of
236
funds)
(5 yrs : out of
217
funds)
(10 yrs : out of
160
funds)
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Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods. |
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Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown. |
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Total Annual Operating Expense
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0.93%
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Prospectus Net Expense Ratio |
0.88%
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Maximum Sales Charge |
--- |
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The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio. |
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Type |
Date |
% |
ExpenseRatio |
Contractual |
2024-06-30 |
0.05 |
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% of Net Assets |
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U.S. Stocks |
98.7 |
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Non-U.S. Stocks |
0.0 |
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Bonds |
0.0 |
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Cash |
0.4 |
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Other |
0.9 |
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Data through 2024-03-31 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
100.00 |
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Basic Materials |
0.00 |
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Consumer Cyclical |
2.09 |
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Financial Services |
0.00 |
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Real Estate |
97.91 |
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Sensitive |
0.00 |
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Communication Services |
0.00 |
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Energy |
0.00 |
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Industrials |
0.00 |
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Technology |
0.00 |
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Defensive |
0.00 |
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Consumer Defensive |
0.00 |
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Healthcare |
0.00 |
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Utilities |
0.00 |
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Data through 2024-03-31 |
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Total Number of Stock Holdings |
30 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
64.56 |
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Turnover % |
(as of 2023-12-31) |
35.00 |
30 Day SEC Yield % |
2.26 |
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Sector |
P/E |
% of Net Assets
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American Tower Corp |
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9.81 |
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Prologis Inc |
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8.27 |
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Welltower Inc |
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8.08 |
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Simon Property Group Inc |
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7.44 |
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Digital Realty Trust Inc |
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7.26 |
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Crown Castle Inc |
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4.94 |
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Realty Income Corp |
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4.79 |
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Iron Mountain Inc |
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4.69 |
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Invitation Homes Inc |
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4.65 |
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Equinix Inc |
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4.63 |
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Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, Nondiversification, Active Management, Market/Market Volatility, Equity Securities, ETF, Industry and Sector Investing, Other, Preferred Stocks, Shareholder Activity, Real Estate/REIT Sector |
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Show Risk Definitions |
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Inception Date: 1991-07-02 |
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Jon Y. Cheigh (2007-10-17) |
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Jon Cheigh, Executive Vice President, Chief Investment Officer and Head of Real Estate, leads the investment department and oversees the real estate team, serving as senior portfolio manager for all global real estate strategies. Mr. Cheigh joined the company in 2005 as a REIT analyst and has served as a portfolio manager since 2008. He was named Head of Global Real Estate in 2012 and was appointed Chief Investment Officer in 2019. Prior to joining the company, Mr. Cheigh was a vice president and senior REIT analyst at Security Capital Research & Management. Prior to that, he was a vice presid |
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Jason Yablon (2013-05-01) |
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Jason A. Yablon, Executive Vice President, is Head of Listed Real Estate and a senior portfolio manager for listed real estate securities portfolios and oversees the research process for listed real estate securities. He has 24 years of experience. Prior to joining Cohen & Steers in 2004, Mr.Yablon was a sell-side analyst at Morgan Stanley for four years, focusing most recently on apartment and health care REITs. Mr. Yablon has a BA from the University of Pennsylvania. He is based in New York. |
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Mathew Kirschner (2020-11-30) |
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Mathew Kirschner, CFA, Senior Vice President, is a portfolio manager for U.S. real estate portfolios. He has 23 years of experience. Prior to joining the firm in 2004, Mr. Kirschner was a product research and development analyst at AllianceBernstein for three years. Mr. Kirschner has a BA from Emory University and an MBA from New York University Stern School of Business, with a concentration in Finance and Accounting. He is based in New York. |
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Ji Zhang (2024-01-01) |
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Ms. Zhang joined Cohen & Steers Capital Management, Inc in 2018 and currently serves as Vice President, and a member of the Global Real Estate investment team. Ms. Zhang is a Chartered Financial Analyst charterholder. She is based in New York.
Ji Zhang – Advisor, and a member of the global real estate investment team. |
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Cohen & Steers Capital Management, Inc. |
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© Copyright 2024 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance. |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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