Skip to main content

Address And Details

280 Park Avenue, 10th Fl , New York, NY 10017
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The investment objective of Cohen & Steers Global Realty Shares, Inc. (the Fund) is total return through investment in global real estate equity securities. In managing the Funds portfolio, Cohen & Steers Capital Management, Inc. (the Advisor), and the Funds sub-investment advisors, Cohen & Steers Asia Limited and Cohen & Steers UK Limited (the Subadvisors ), adhere to an integrated, bottom-up, relative value investment process when selecting publicly traded real estate securities. To guide the portfolio construction process, the Advisor and Subadvisors utilize a proprietary valuation model that quantifies relative valuation of real estate securities based on price-to-net asset value (NAV), cash flow multiple/growth ratios and a dividend discount model (DDM). Analysts incorporate both quantitative and qualitative analysis in their NAV, cash flow, growth and DDM estimates. The company research process includes an evaluation of the commercial real estate supply and demand dynamics, management, strategy, property qualityfinancial strength, corporate structure and environmental, social and governance (ESG) factors. Judgments with respect to global macroeconomic factors, risk control, geographic and property sector diversification, liquidity and other factors are considered along with the models output and drive the portfolio managers investment decisions. Under normal market conditions, the Fund invests at least 80%, and usually substantially all, of its total assets in common stocks and other equity securities issued by U.S. and non U.S. real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities. A real estate company is one that (i) derives at least 50% of its revenue from the ownership, construction, financing, management or sale of commercial, industrial or residential real estate and land; or (ii) has at least 50% of its assets invested in such real estate. REITs are companies that own interests in real estate or in real estate related loans or other interests, and their revenue primarily consists of rent derived from owned, income producing real estate properties and capital gains from the sale of such properties. A REIT in the U.S. is generally not taxed on income distributed to shareholders so long as it meets certain tax related requirements, including the requirement that it distribute substantially all of its taxable income to such shareholders. Foreign REITs and REIT-like entities are organized outside of the U.S. and have operations and receive tax treatment in their respective countries similar to that of U.S. REITs. The Fund retains the ability to invest in real estate companies of any market capitalization.

Net Asset Value

as of 5:02 PM ET 05/20/2022

Performance

  • 1 Week
  • -1.16%
  • 1 Month
  • -13.87%
  • 3 Months
  • -9.36%
  • 1 Yr Return
  • -9.56%
  • 5 Yr Return
  • +7.68%

Equity Sector Breakdown

Finance 78.18%
NonDurables 4.05%
Technology 0.68%
IndustrialCyclical 0.62%
RetailTrade 0.30%
ConsumerDurables 0.26%
Energy n/a
Health n/a
Services n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 98.82%
ForeignStocks 41.43%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 87.18 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -3.55 -2.47 -2.28
Beta 0.81 0.76 0.75
R Squared 0.72 0.66 0.54
Std Deviation 17.93 15.46 13.91
Sharpe Ratio 0.45 0.50 n/a

Purchase Information

as of 6:01 PM ET 05/19/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • +1.78%
  • +14.62%
+1.78% +14.62%
3 Year
  • +6.98%
  • +8.37%
+6.98% +8.37%
10 Year
  • +7.48%
  • +8.26%
+7.48% +8.26%
Life Of Fund
  • +6.00%
  • +6.34%
+6.00% +6.34%

Top 10 Holdings

Symbol Company Name % Of Assets
PSA PUBLIC STORAGE 5.26%
PLD PROLOGIS INC 4.95%
SPG SIMON PROPERTY GROUP INC 4.45%
UDR UDR INC 3.80%
WELL WELLTOWER INC 3.25%
DLR DIGITAL REALTY TRUST INC 3.06%
VNA:GR VONOVIA SE 3.05%
PEAK HEALTHPEAK PROPERTIES INC 2.99%
ESS ESSEX PROPERTY TRUST INC 2.87%
O REALTY INCOME CORP 2.75%

Recommended for You