George Grossman - Cohen Steers Independent Director
| RNP Fund | USD 23.31 0.05 0.21% |
Mr. George Grossman is Independent Director of Cohen Steers Reit and Preferred Income Fund Inc. He is AttorneyatLaw. In addition to his tenure as a Director of various Cohen Steers funds, Mr. Grossman has practiced commercial and residential real estate law, real estate development, zoning and complex financing for over 30 years, managing his own law firm. Mr. Grossman also serves as the Chairman of the Boards Contracts Review Committee, coordinating the information presented to the Boards in connection with the renewal of each Funds management contracts as well as interacting with the independent third party service provider. In addition to his tenure as a Director of various Cohen Steers funds, Mr. Grossman has practiced commercial and residential real estate law, real estate development, zoning and complex financing for over 30 years, managing his own law firm. Mr. Grossman also serves as the Chairman of the Boards Contracts Review Committee, coordinating the information presented to the Boards in connection with the renewal of each Funds management contracts as well as interacting with the independent third party service provider.
| Age | 67 |
| Tenure | 21 years |
| Phone | 212 832 3232 |
| Web | https://www.cohenandsteers.com/funds/details/reit-and-preferred-income-fund |
Cohen Steers Management Performance (%)
The company has Return on Asset of 1.78 % which means that on every $100 spent on assets, it made $1.78 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (9.16) %, meaning that it generated no profit with money invested by stockholders. Cohen Steers' management efficiency ratios could be used to measure how well Cohen Steers manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Philip McLoughlin | Dnp Select Income | 75 | |
| Gerald Maginnis | Cohen Steers Qualityome | 65 | |
| Dean Junkans | Cohen Steers Qualityome | 61 | |
| Dean Junkans | Cohen And Steers | 61 | |
| Edgar Nordberg | Reaves Utility If | 81 | |
| Jane Magpiong | Cohen Steers Total | 60 | |
| Donald Burke | Dnp Select Income | 60 | |
| Michael Clark | Cohen Steers Total | 55 | |
| Daphne Richards | Cohen Steers Total | 54 | |
| Jane Magpiong | Cohen And Steers | 60 | |
| Geraldine McNamara | Dnp Select Income | 69 | |
| Robert Genetski | Dnp Select Income | 77 | |
| Michael Clark | Cohen Steers Qualityome | 55 | |
| Dean Junkans | Cohen Steers Total | 61 | |
| Gerald Maginnis | Cohen And Steers | 65 | |
| Michael Clark | Cohen And Steers | 55 | |
| Gerald Maginnis | Cohen Steers Total | 65 | |
Management Performance
| Return On Equity | -9.16 | |||
| Return On Asset | 1.78 |
Cohen Steers Reit Leadership Team
Elected by the shareholders, the Cohen Steers' board of directors comprises two types of representatives: Cohen Steers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cohen. The board's role is to monitor Cohen Steers' management team and ensure that shareholders' interests are well served. Cohen Steers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cohen Steers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Derechin, President, Chief Executive Officer | ||
| Robert Steers, Chairman of the Board | ||
| William Scapell, Vice President | ||
| Albert Laskaj, Treasurer | ||
| Stephen Murphy, Chief Compliance Officer, Vice President | ||
| Thomas Bohjalian, Vice President | ||
| Michael Clark, Lead Independent Director | ||
| Dana DeVivo, Secretary, Chief Legal Officer | ||
| James Giallanza, Chief Financial Officer | ||
| Lisa Phelan, Chief Compliance Officer | ||
| Gerald Maginnis, Independent Director | ||
| Yigal Jhirad, Vice President | ||
| Jason Yablon, Vice President | ||
| Ramona RogersWindsor, Independent Director | ||
| Daphne Richards, Independent Director | ||
| Mathew Kirschner, Vice President | ||
| Dean Junkans, Independent Director | ||
| George Grossman, Independent Director | ||
| C Ward, Independent Director | ||
| Joseph Harvey, Acting Chairman of the Board, Vice President | ||
| Jane Magpiong, Independent Director |
Cohen Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Cohen Steers a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -9.16 | |||
| Return On Asset | 1.78 | |||
| Profit Margin | (181.16) % | |||
| Operating Margin | 77.62 % | |||
| Current Valuation | 1.46 B | |||
| Shares Outstanding | 47.59 M | |||
| Shares Owned By Institutions | 16.99 % | |||
| Number Of Shares Shorted | 83.42 K | |||
| Price To Earning | 60.05 X | |||
| Price To Book | 0.96 X |
Pair Trading with Cohen Steers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cohen Steers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cohen Steers will appreciate offsetting losses from the drop in the long position's value.Moving against Cohen Fund
| 0.44 | BDJ | Blackrock Enhanced Equity | PairCorr |
| 0.44 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.43 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.35 | FAFGX | American Funds | PairCorr |
| 0.35 | FFAFX | American Funds | PairCorr |
The ability to find closely correlated positions to Cohen Steers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cohen Steers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cohen Steers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cohen Steers Reit to buy it.
The correlation of Cohen Steers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cohen Steers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohen Steers Reit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cohen Steers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Cohen Fund
Cohen Steers financial ratios help investors to determine whether Cohen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cohen with respect to the benefits of owning Cohen Steers security.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |