Morningstar
3 Real Estate Funds That Still Offer Real Benefits
In Morningstar, Janet Yang Rohr discussed the benefits of owning REITs and how Cohen & Steers has used bottom-up company analyses to generate strong returns in listed real estate.
Total Returns (L Share Class)
Calculated quarterly
As of September 30, 2025
| Period | Fund | Linked Index | S&P 500 Index |
|---|---|---|---|
| YTD | 5.67% | 4.51% | 14.83% |
| QTD | 1.16% | 2.67% | 8.12% |
| 1 Year | -3.11% | -4.00% | 17.60% |
| 3 Year | 9.56% | 8.34% | 24.93% |
| 5 Year | 8.06% | 6.97% | 16.47% |
| 10 Year | 7.42% | 6.25% | 15.30% |
| Since Inception (7/2/91) | 10.65% | 9.75% | 10.91% |
Returns are shown net of fees. Gross Expense Ratio: 0.94% Net Expense Ratio: 0.88%. The Net Expense Ratio reflects a contractual commitment by the Fund’s investment advisor to waive its fees and/or reimburse expenses through June 30, 2026. Absent such arrangements, returns would have been lower. Please see the prospectus for details.
Share classes have different investment minimums, expense structures and sales charges, which are detailed in the Fund prospectus.
Performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate and shares, when redeemed, may be worth more or less than their original cost. Periods greater than 12 months are annualized. Returns are historical and include change in share price and reinvestment of all distributions.
An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. Index comparisons have limitations as volatility and other characteristics may differ from a particular investment. For index definitions, please visit www.cohenandsteers.com/indexdefinitions.
Please consider the investment objectives, risks, charges and expenses of any U.S. Registered open-end fund carefully before investing. A summary prospectus and prospectus containing this and other information may be obtained by calling 1-800-330-7348 or visiting the applicable fund page on cohenandsteers.com. Please read the prospectus carefully before investing.
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This material is for informational purposes and reflects prevailing conditions and our judgment as of the date of this material, which are subject to change. This material should not be relied upon as investment advice, does not constitute a recommendation to buy or sell a security or other investment and is not intended to predict or depict performance of any investment. This material is not being provided in a fiduciary capacity and is not intended to recommend any investment policy or investment strategy or take into account the specific objectives or circumstances of any investor. We consider the information in this material to be accurate, but we do not represent that it is complete or should be relied upon as the sole source of appropriateness for investment. Please consult with your investment, tax or legal professional regarding your individual circumstances prior to investing.
Real estate securities. The risks of investing in real estate securities are similar to those associated with direct investments in real estate, including falling property values due to increasing vacancies; declining rents resulting from economic, legal, political or technological developments; lack of liquidity; limited diversification; and sensitivity to certain economic factors such as interest rate changes and market recessions. No representation or warranty is made as to the efficacy of any particular strategy or fund or the actual returns that may be achieved.
Cohen & Steers Capital Management, Inc. (Cohen & Steers) is a registered investment advisory firm that provides investment management services to corporate retirement, public and union retirement plans, endowments, foundations and mutual funds. Cohen & Steers U.S. registered open-end funds are distributed by Cohen & Steers Securities, LLC and are only available to U.S. residents. Cohen & Steers UK Limited is authorized and regulated by the Financial Conduct Authority (FRN 458459). Cohen & Steers Asia Limited is authorized and regulated by the Securities and Futures Commission of Hong Kong (ALZ 367). Cohen & Steers Japan Limited is a registered financial instruments operator (investment advisory and agency business and discretionary investment management business with the Financial Services Agency of Japan and the Kanto Local Finance Bureau No. 3157) and is a member of the Japan Investment Advisers Association. Cohen & Steers Ireland Limited is regulated by the Central Bank of Ireland (No.C188319). Cohen & Steers Singapore Private Limited is a private company limited by shares in the Republic of Singapore.
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