Yigal Jhirad - Cohen Steers Vice President

RNP Fund  USD 21.82  0.10  0.46%   
Yigal Jhirad is Fund Manager at Cohen Steers Reit
Mr. Yigal D. Jhirad is Vice President of Cohen Steers Reit and Preferred Income Fund Inc. He joined the Advisor in 2007 as a Senior Vice President. Prior thereto, He served as Executive Director at Morgan Stanley heading the portfolio and derivatives strategies effort.
Age 56
Phone212 832 3232
Webhttps://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.
Cohen Steers Reit has 450 M in debt with debt to equity (D/E) ratio of 0.41, which is OK given its current industry classification. Cohen Steers Reit has a current ratio of 0.05, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Cohen Steers until it has trouble settling it off, either with new capital or with free cash flow. So, Cohen Steers' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cohen Steers Reit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cohen to invest in growth at high rates of return. When we think about Cohen Steers' use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

William ScapellCohen And Steers
53
Thomas BohjalianCohen Steers Qualityome
55
Daniel PetriskoDnp Select Income
60
Peter StrelowPimco Dynamic Income
51
Joseph HarveyCohen And Steers
57
WuKwan KitPimco Dynamic Income
40
Robert BeckerCohen And Steers
51
Stephen MurphyCohen And Steers
54
Thomas BohjalianCohen Steers Total
55
William ScapellCohen Steers Qualityome
53
Stephen MurphyCohen Steers Total
54
Joshua RatnerPimco Corporate Income
45
Stephen MurphyCohen Steers Qualityome
54
Albert LaskajCohen Steers Total
43
Jason YablonCohen Steers Total
41
William ScapellCohen Steers Total
53
Joseph HarveyCohen Steers Qualityome
57
William RenahanDnp Select Income
50
Connie LueckeDnp Select Income
62
Eric JohnsonPimco Corporate Income
51
Eric JohnsonPimco Dynamic Income
51
Cohen Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen Steers Inc. Cohen Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States. Cohen Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Management Performance

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.

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

  0.55DAAIX Dunham AppreciationPairCorr
  0.46ADAEX Alliancebernstein Potential GrowthPairCorr
  0.37LUBYX Lord Abbett UltraPairCorr
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.
Pair CorrelationCorrelation Matching

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities