During the past 12 months, Cohen & Steers REIT and Preferredome Fund's average Total Assets Growth Rate was 2.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.40% per year.
During the past 7 years, Cohen & Steers REIT and Preferredome Fund's highest 3-Year average Total Assets Growth Rate was 11.70%. The lowest was -2.60%. And the median was 0.20%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Cohen & Steers REIT and Preferredome Fund Total Assets Chart
Cohen & Steers REIT and Preferredome Fund Annual Data
Cohen & Steers REIT and Preferredome Fund Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cohen & Steers REIT and Preferredome Fund (NYSE:RNP) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Cohen & Steers REIT and Preferredome Fund's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Cohen & Steers REIT and Preferredome Fund Total Assets Related Terms
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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Business Description
Cohen & Steers REIT and Preferred Income Fund Inc is a diversified, closed-ended investment management fund. Its investment objective is to provide high current income with capital appreciation as its secondary objective. The Fund invests at least 80% of its total assets in common stocks issued by real estate investment trusts (REITs) and preferred securities under normal circumstances.
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