Fund Evaluator:

Cohen & Steers Global Infrastructure Z Overview

Cohen & Steers Global Infrastructure Z (CSUZX) is an actively managed Sector Equity Infrastructure fund. Cohen & Steers launched the fund in 2014.

The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its total assets in U.S. and non-U.S. common stocks and other equity securities issued by infrastructure companies, which consist of utilities, pipelines, toll roads, airports, railroads, marine ports, telecommunications companies and other infrastructure companies. It invests at least 40%, unless market conditions are not deemed favorable by the Advisor, in which case the fund would invest at least 30%, of its total assets in companies organized or located outside the U.S. or doing a substantial amount of business outside of the U.S.

About Cohen & Steers Global Infrastructure Z (CSUZX)

There are 3 members of the management team with an average tenure of 9.07 years: Benjamin Morton (2008), Tyler Rosenlicht (2022), Thuy Quynh Dang (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and FTSE Global Core Infra 50/50 NtTx NR USD index with a weighting of 100%. Cohen & Steers Global Infrastructure Z has 75 securities in its portfolio. The top 10 holdings constitute 38.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Cohen & Steers Global Infrastructure Z is part of the Equity global asset class and is within the Sector Equity fund group. Cohen & Steers Global Infrastructure Z has 39.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 60.0%. There is 39.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Cohen & Steers Global Infrastructure Z has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $3 million in total assets, which is below the $318 million average for the Infrastructure category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CSUZX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Cohen & Steers Global Infrastructure Z expense ratio is high compared to funds in the Infrastructure category. Cohen & Steers Global Infrastructure Z has an expense ratio of 0.86%, which is 28% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Cohen & Steers Global Infrastructure Z has a portfolio turnover rate of 82%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 56% for the Infrastructure category.

Recently, in the month of June 2026, Cohen & Steers Global Infrastructure Z returned 1.9%, which earned it a grade of A, as the Infrastructure category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Cohen & Steers Global Infrastructure Z has a trailing yield of 1.90%, which is below the 1.96% category average. The fund normally distributes its income semi-annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Cohen & Steers Global Infrastructure Z Grades

Year to date, the fund has returned 11.7%, 1.0 percentage points better than the category, which translates into a grade of B. The fund has returned 18.0% over the past year (grade of A), 13.2% over the past three years (grade of C) and 8.5% per year over the past five years (grade of C) and 8.1% per year over the past 10 years (grade of B).

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