CNSREIT-AR-2024 Final - Flipbook - Page 9
Portfolio allocation
Investment
allocation
Private
real estate
Real estate
securities
Equity
91% Investments in real estate
9% Real estate securities
87% Community shopping centers
13% Grocery anchored shopping centers
At December 31, 2024. Source: Cohen & Steers. Due to rounding, values might not add up to 100%.
17% Other
11% Telecommunications
10% Health care
5% Industrial
5% Data centers
48% Corporate bonds
4% Preferreds
(a) Other includes timberland, data centers, single family homes, office,
self storage, specialty, hotel, shopping centers.
Distribution(2)
Performance summary(1)
(Distributions are not guaranteed)
Total returns (net of fees)
Share class
Fixed income
(a)
Since inception
NAV per share
$ Distribution per share
Class I
Inception 01/11/2024
11.6%
$10.85
$0.0435
Class F-I
Inception 08/01/2024
4.6%
$10.71
$0.0435
Source: Cohen & Steers. Data quoted represents past performance, which is no guarantee of future results. All figures as of December 31, 2024 unless otherwise noted.
Distributions are not guaranteed and may be funded from sources other than cash flow from operations, including, without limitation, the sale of or repayments under our assets, borrowings, return of capital or offering proceeds. Distributions may also be funded at least in part, indirectly, due to expenses paid on our behalf by the Advisor pursuant to the Expense Limitation and Reimbursement Agreement,
which may be subject to reimbursement to the Advisor, and other temporary waivers or expense reimbursements to the Advisor or its affiliates, that may be subject to reimbursement to the Advisor or its
affiliates. We have no limits on the amounts we may pay from such sources.
Temporary waivers or expense reimbursements borne by the Advisor or its affiliates that may be subject to reimbursement and the repayment of any amounts owed to CNSREIT’s affiliates, may reduce
future distributions to which an investor would otherwise be entitled.
(1) Returns shown reflect the percent change in the NAV per share from the beginning of the applicable period, plus the amount of any distribution per share declared in the period. Return information is not
a measure used under generally accepted accounting principles. All returns shown assume reinvestment of distributions pursuant to CNSREIT’s distribution reinvestment plan, are derived from unaudited
financial information and are net of all CNSREIT expenses, including general and administrative expenses, management fees, performance participation allocation, and share class specific fees, but exclude
the impact of early repurchase deductions on the repurchase of shares that have been outstanding for less than one year. Returns for less than one year are not annualized. The returns have been prepared
using unaudited data and valuations of the underlying investments in CNSREIT’s portfolio, which are estimates of fair value and form the basis for CNSREIT’s NAV. Valuations based upon unaudited reports
from the underlying investments may be subject to later adjustments, may not correspond to realized value and may not accurately reflect the price at which assets could be liquidated. (2) Represents the
distribution per share as of December 31, 2024. Distributions are not guaranteed and will be at the Board’s discretion. As of December 31, 2024, 100% of inception to date distributions were funded from
cash flows from operations.
9
