Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
3.9%
3 Yr Avg Return
4.3%
5 Yr Avg Return
6.0%
Net Assets
$830 M
Holdings in Top 10
29.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 71.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RAPZX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 4.3%
- 5 Yr Annualized Total Return 6.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.07%
- Dividend Yield 2.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameCohen & Steers Real Assets Fund, Inc.
-
Fund Family NameCOHENSTEER
-
Inception DateJan 31, 2012
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBenjamin Morton
Fund Description
Asset Class | AllocationRange | ||
Real Estate Companies/REITs | 20‑35% | ||
Commodities | 20‑35% | ||
Natural Resource Companies | 10‑20% | ||
Infrastructure Companies and Master Limited Partnerships (“MLPs”) | 10‑20% | ||
Gold and Other Precious Metals | 0‑10% | ||
Fixed Income Securities | 0‑20% |
RAPZX - Performance
Return Ranking - Trailing
Period | RAPZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -23.7% | 16.4% | 3.00% |
1 Yr | 3.9% | -8.9% | 48.3% | 1.50% |
3 Yr | 4.3%* | -2.2% | 16.4% | 2.90% |
5 Yr | 6.0%* | -0.7% | 13.4% | 7.94% |
10 Yr | 2.7%* | 0.9% | 11.8% | 86.07% |
* Annualized
Return Ranking - Calendar
Period | RAPZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -40.8% | 20.6% | 11.53% |
2022 | -5.0% | -21.0% | 24.5% | 81.32% |
2021 | 12.5% | -24.2% | 27.8% | 32.94% |
2020 | -2.7% | -23.1% | 11.7% | 28.61% |
2019 | 14.1% | -100.0% | 20.6% | 93.73% |
Total Return Ranking - Trailing
Period | RAPZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -23.7% | 16.4% | 3.43% |
1 Yr | 3.9% | -12.8% | 48.3% | 1.27% |
3 Yr | 4.3%* | -3.4% | 16.4% | 2.40% |
5 Yr | 6.0%* | -1.1% | 13.4% | 7.09% |
10 Yr | 2.7%* | 0.9% | 11.8% | 85.08% |
* Annualized
Total Return Ranking - Calendar
Period | RAPZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.9% | -40.8% | 20.6% | 11.53% |
2022 | -2.0% | -21.0% | 24.5% | 81.32% |
2021 | 23.0% | -24.2% | 27.8% | 32.94% |
2020 | -0.8% | -23.1% | 11.7% | 50.87% |
2019 | 17.3% | -2.9% | 23.1% | 96.19% |
NAV & Total Return History
RAPZX - Holdings
Concentration Analysis
RAPZX | Category Low | Category High | RAPZX % Rank | |
---|---|---|---|---|
Net Assets | 830 M | 1.12 M | 110 B | 45.14% |
Number of Holdings | 344 | 2 | 10961 | 49.90% |
Net Assets in Top 10 | 254 M | -31.7 M | 22 B | 41.75% |
Weighting of Top 10 | 29.81% | 10.8% | 100.0% | 38.36% |
Top 10 Holdings
- United States Treasury Bill 7.52%
- United States Treasury Bill 4.53%
- United States Treasury Bill 4.16%
- United States Treasury Bill 3.26%
- SPDR Gold MiniShares Trust 2.80%
- Prologis Inc 1.82%
- American Tower Corp 1.70%
- Welltower Inc 1.58%
- Invitation Homes Inc 1.25%
- iShares Gold Trust 1.20%
Asset Allocation
Weighting | Return Low | Return High | RAPZX % Rank | |
---|---|---|---|---|
Stocks | 64.53% | -45.72% | 98.42% | 69.52% |
Cash | 22.44% | -97.12% | 185.58% | 35.28% |
Bonds | 13.76% | -39.76% | 93.84% | 86.64% |
Convertible Bonds | 0.61% | 0.00% | 25.49% | 33.61% |
Preferred Stocks | 0.07% | -0.03% | 14.00% | 15.03% |
Other | -0.81% | -1.25% | 197.12% | 3.97% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RAPZX % Rank | |
---|---|---|---|---|
Real Estate | 46.12% | 0.00% | 90.14% | 2.97% |
Energy | 17.83% | 0.00% | 38.61% | 10.19% |
Basic Materials | 13.40% | 0.00% | 60.23% | 11.04% |
Utilities | 9.73% | 0.00% | 40.29% | 13.16% |
Industrials | 6.12% | 0.09% | 32.39% | 89.17% |
Consumer Defense | 5.06% | 0.00% | 31.85% | 63.69% |
Communication Services | 1.16% | 0.00% | 28.59% | 91.51% |
Consumer Cyclical | 0.40% | 0.00% | 20.84% | 97.24% |
Technology | 0.18% | 0.00% | 39.48% | 94.90% |
Healthcare | 0.00% | 0.00% | 30.30% | 100.00% |
Financial Services | 0.00% | 0.00% | 30.34% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RAPZX % Rank | |
---|---|---|---|---|
US | 39.68% | -4.82% | 95.75% | 54.28% |
Non US | 24.85% | -46.69% | 57.06% | 58.25% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RAPZX % Rank | |
---|---|---|---|---|
Corporate | 53.48% | 0.00% | 99.90% | 21.50% |
Cash & Equivalents | 21.63% | 0.10% | 100.00% | 19.83% |
Government | 4.27% | 0.00% | 98.64% | 81.42% |
Securitized | 0.00% | 0.00% | 83.28% | 98.54% |
Municipal | 0.00% | 0.00% | 31.28% | 98.12% |
Derivative | -0.81% | 0.00% | 41.88% | 98.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RAPZX % Rank | |
---|---|---|---|---|
US | 13.76% | -177.12% | 87.76% | 82.46% |
Non US | 0.00% | -39.00% | 137.36% | 71.82% |
RAPZX - Expenses
Operational Fees
RAPZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.16% | 2.71% | 79.12% |
Management Fee | 0.75% | 0.00% | 1.70% | 75.16% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 0.70% | 43.16% |
Sales Fees
RAPZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
RAPZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RAPZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 71.00% | 0.00% | 441.00% | 64.11% |
RAPZX - Distributions
Dividend Yield Analysis
RAPZX | Category Low | Category High | RAPZX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.87% | 0.00% | 10.92% | 98.96% |
Dividend Distribution Analysis
RAPZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Monthly |
Net Income Ratio Analysis
RAPZX | Category Low | Category High | RAPZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.07% | -5.20% | 6.33% | 67.10% |
Capital Gain Distribution Analysis
RAPZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 07, 2023 | $0.142 | OrdinaryDividend |
Jun 30, 2023 | $0.125 | OrdinaryDividend |
Dec 08, 2022 | $0.210 | OrdinaryDividend |
Jun 30, 2022 | $0.091 | OrdinaryDividend |
Jun 30, 2021 | $0.060 | OrdinaryDividend |
Dec 10, 2020 | $0.074 | OrdinaryDividend |
Dec 04, 2019 | $0.165 | OrdinaryDividend |
Jun 28, 2019 | $0.103 | OrdinaryDividend |
Dec 06, 2018 | $0.088 | OrdinaryDividend |
Jun 29, 2018 | $0.081 | OrdinaryDividend |
Dec 06, 2017 | $0.090 | OrdinaryDividend |
Jun 30, 2017 | $0.071 | OrdinaryDividend |
Dec 08, 2016 | $0.179 | OrdinaryDividend |
Jun 30, 2016 | $0.068 | OrdinaryDividend |
Dec 10, 2015 | $0.087 | OrdinaryDividend |
Jun 30, 2015 | $0.073 | OrdinaryDividend |
Dec 11, 2014 | $0.079 | OrdinaryDividend |
Jun 30, 2014 | $0.041 | OrdinaryDividend |
Dec 12, 2013 | $0.049 | OrdinaryDividend |
Jun 28, 2013 | $0.053 | OrdinaryDividend |
Dec 13, 2012 | $0.092 | OrdinaryDividend |
Jun 29, 2012 | $0.047 | OrdinaryDividend |
RAPZX - Fund Manager Analysis
Managers
Benjamin Morton
Start Date
Tenure
Tenure Rank
Jan 31, 2012
10.34
10.3%
Benjamin Morton, Executive Vice President, is Head of Global Infrastructure and a senior portfolio manager for Cohen & Steers' infrastructure portfolios, including those focused on master limited partnerships. He has 21 years of infrastructure-related investment experience. Prior to joining Cohen & Steers in 2003, Mr. Morton worked at Salomon Smith Barney as a research associate for three years, covering the utility and pipelines sectors. He also worked at New York Mercantile Exchange as a research analyst. Mr. Morton holds a BA from the University of Rochester and an MES from Yale University. He is based in New York.
Jon Cheigh
Start Date
Tenure
Tenure Rank
May 31, 2012
10.01
10.0%
Jon Y. Cheigh joined Cohen & Steers in 2005 and currently serves as Executive Vice President and head of the global real estate investment team. Prior to joining Cohen & Steers in 2005, Mr. Cheigh was a vice president and senior REIT analyst for two years at Security Capital Research & Management. Previously, he was a vice president of real estate acquisitions at InterPark and an acquisitions associate at Urban Growth Property Trust, two privately held REITs. Mr. Cheigh holds a BA cum laude from Williams College and an MBA from the University of Chicago.
Nicholas Koutsoftas
Start Date
Tenure
Tenure Rank
May 01, 2013
9.09
9.1%
Nick Koutsoftas, Senior Vice President, is a portfolio manager for Cohen & Steers’ commodities strategy. Prior to joining the firm in 2013, Mr. Koutsoftas was a senior vice president at GE Asset Management and co-portfolio manager of the GE Active Commodities strategy since its 2006 inception. He joined GE Asset Management in 1999 and began his career at GE in 1995. Mr. Koutsoftas has a BSE from the University of Massachusetts and an MBA from New York University Stern School of Business. He is based in New York.
Benjamin Ross
Start Date
Tenure
Tenure Rank
May 01, 2013
9.09
9.1%
Ben Ross—Mr. Ross joined Cohen & Steers Capital Management, Inc. in 2013 and currently serves as senior vice president of the Advisor and CNS. Previously at GE Asset Management (“GEAM”), Mr. Ross was co-portfolio manager of the GE Active Commodities strategy since inception. Earlier, Mr. Ross was a Senior Trader at GEAM, leading the international equity trading desk. Before joining GE in 1996, he worked at State Street Bank & Trust. Mr. Ross has a BS from Northeastern University.
Vincent Childers
Start Date
Tenure
Tenure Rank
Aug 12, 2013
8.81
8.8%
Vince Childers, CFA, Senior Vice President, is a portfolio manager for Cohen & Steers’ real assets strategy. He has 19 years of investment experience. Prior to joining the firm in 2013, Mr. Childers was a portfolio manager for real asset strategies at AllianceBernstein, where he co-managed a research team overseeing $2.3 billion in assets. Previously, Mr. Childers was an associate in the financial advisory services department of Houlihan Lokey. Mr. Childers has an MBA from Carnegie Mellon University and a BS from Vanderbilt University. He is based in New York.
Jeffrey Palma
Start Date
Tenure
Tenure Rank
Apr 29, 2022
0.09
0.1%
On November 15, 2021 Jeff Palma, Senior Vice President and Head of Multi-Asset Solutions, joined the firm. In a newly created position reporting to Jon Cheigh, Chief Investment Officer, Mr. Palma is responsible for leading the firm’s asset allocation teams and strategies, and macroeconomic research. Mr. Palma joins Cohen & Steers with 25 years of investment experience. Most recently at State Street Global Advisors, he was a Managing Director and Head of Public Investments for SSGA’s Outsourced Chief Investment Officer (OCIO) platform, overseeing teams responsible for investment strategy, portfolio construction, manager research, tactical market positioning and portfolio implementation. Prior to that, Mr. Palma was the Head of Tactical Asset Allocation for GE Pension Trust, Portfolio Manager for GE Institutional Strategic Investment Fund, and Chief Market Strategist at GE Asset Management when it was acquired by SSGA in 2016. Before joining GE in 2012, he was most recently the Head of Global Equity Strategy at UBS Investment Bank. At UBS, he was responsible for the firm’s regional and sector allocation view on global equities, and served as a member of its macro strategy board.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |