FYI: Cohen & Steers Realty Shares earns a Morningstar Analyst Rating of Bronze thanks to a number of positive features. It’s managed by a veteran three-person team who are supported by a half-dozen analysts and the resources of Cohen & Steers, which has specialized in real-asset investing for more than 30 years. They use a sensible strategy that combines top-down macro analysis and bottom-up stock-picking, and which also looks at the net asset value of a REIT’s underlying assets, as well as the growth potential of the cash flows those assets generate. That means there’s valuation discipline here, but the managers are also willing to own REITs that the market is valuing on their future growth prospects, such as data center and cell tower REITs.
Regards,
Ted
https://www.morningstar.com/videos/933875/will-size-limit-this-strong-real-estate-fund.html
