Cohen & Steers, Inc. (CNS), incorporated on March 17, 2004, is a holding company. The Company is an investment manager with a focus on liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The Company serves institutional and individual investors. The Company manages three types of investment vehicles: institutional accounts, open-end funds and closed-end funds. The Company also provides services in connection with model-based strategies (MBS) accounts. In addition, the Company provides several services in connection with assets held by unit investment trusts (UITs). As a portfolio consultant to a number of UITs, the Company constructs a portfolio of securities that suit the investment objective of the UIT. The Company also provides ongoing portfolio monitoring services and provides a license to certain firms to use its name in connection with certain of their investment products.
Institutional Accounts
The Institutional accounts for which CNS serves as the investment advisor represent portfolios of securities it manages for institutional clients. The Company manages the assets in each institutional account according to the investment requirements of that client as set forth in the client's investment advisory agreement and investment guidelines. Subadvisory assets, which represent accounts for which the Company has been appointed as a subadvisor by the investment advisor to that vehicle, are included in the Company's institutional account assets. As subadvisor, the Company is responsible for managing the investments, while the investment advisor oversees its performance as subadvisor.
Open-end Funds
The open-end funds for which the Company is the investment advisor offer and issue new shares continuously as assets are invested and redeem shares when assets are withdrawn. The share price for purchases and redemptions of each of the open-end funds is determined by each fund's net asset value, which is calculated at the end of each business day. In addition, the Company receives a separate fee for providing administrative services to certain open-end funds at a rate that is designed to reimburse the Company for the cost of providing these services.
Closed-end Funds
The closed-end funds for which the Company is the investment advisor are registered investment companies that have issued a fixed number of shares through public offerings. These shares are listed on the New York Stock Exchange and cannot be redeemed by the fund's shareholders. As of December 31, 2016, in addition, the Company received a separate fee for providing administrative services to eight of the nine closed-end funds at a rate that is designed to reimburse the Company for the cost of providing these services.
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The company trades on NYSE exchange. The company headquarter is located in New York, NY. The company was established in the 1986.| Ticker | CNS |
| Long Name | Cohen and Steers Inc |
| Short Name | Cohen and Steers |