Cohen & Steers Announces Preliminary Assets Under Management and Net Flows for November 2025

Rhea-AI Summary

Cohen & Steers (NYSE:CNS) reported preliminary assets under management of $91.9 billion as of November 30, 2025, up from $90.6 billion at October 31, 2025.

The change reflected $2.0 billion of market appreciation, partially offset by $502 million of net outflows and $151 million of distributions. By vehicle, open-end funds held $44.2 billion, institutional accounts totaled $35.5 billion, and closed-end funds were $12.2 billion as of November 30, 2025.

Key Figures

Total AUM $91.9B Preliminary AUM as of November 30, 2025

Prior AUM $90.6B AUM as of October 31, 2025

AUM change $1.3B Increase from October 31 to November 30, 2025

Market appreciation $2.0B Market appreciation in November 2025

Net flows $502M outflows Net outflows during November 2025

Distributions $151M Distributions in November 2025

Total AUM (table) $90,585M to $91,933M Total AUM from Oct 31 to Nov 30, 2025 (table data)

Net flows (table) $502M outflows Total net flows row in AUM table

Market Reality Check

$60.05 Last Close

Volume Volume 387,677 is below the 20-day average of 539,495 (relative volume 0.72x). normal

Technical Price $60.05 is trading below the $73.86 200-day MA and 42.02% under the 52-week high, but only 2.13% above the 52-week low.

Peers on Argus

CNS was down 0.72% pre-news, while key asset-management peers like AB (-1.85%), APAM (-3.04%), DNP (-0.79%) and FHI (-1.03%) were also negative, pointing to broader pressure but without momentum-scanner confirmation of a sector-wide move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 26	Distribution notice	Neutral	-0.8%	RFI detailed November and YTD distribution sources and NAV return figures.
Nov 26	Distribution notice	Neutral	-0.8%	FOF outlined current and YTD distributions and performance metrics.
Nov 26	Distribution notice	Neutral	-0.8%	RNP reported composition of distributions and YTD total return data.
Nov 26	Distribution notice	Neutral	-0.8%	RQI disclosed November and YTD distributions and NAV performance figures.
Nov 26	Distribution notice	Neutral	-0.8%	UTF described monthly distribution sources and YTD NAV and payout metrics.

Pattern Detected

Recent fund distribution and source-of-distribution notices were followed by modest negative price moves of about -0.82%, suggesting routine income-related updates have not acted as strong positive catalysts for CNS shares.

Recent Company History

In the last few weeks, CNS-related vehicles reported multiple Section 19(a) distribution notices, detailing payout composition and performance metrics. Across RFI, FOF, RNP, RQI and UTF, distributions per share ranged from $0.0800 to $0.1550, with varying mixes of net investment income, capital gains and return of capital, and YTD NAV returns up to 15.79%. Each of these informational updates coincided with similar -0.82% 24-hour price reactions, framing today’s AUM/flows update against a backdrop of muted responses to recent fund news.

Market Pulse Summary

This announcement highlighted a rise in preliminary AUM to $91.9B as of November 30, 2025, up from $90.6B a month earlier, helped by $2.0B of market appreciation against $502M of net outflows and $151M of distributions. Compared with recent distribution-focused updates that saw limited impact, this gives a clearer picture of underlying flows and market effects. Investors may watch future AUM releases for changes in net flow direction and the balance between market gains and client activity.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 8, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $91.9 billion as of November 30, 2025, an increase of $1.3 billion from assets under management of $90.6 billion at October 31, 2025. The increase was due to market appreciation of $2.0 billion, partially offset by net outflows of $502 million and distributions of $151 million.

Assets Under Management (unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	10/31/2025	Flows	App/(Dep)	Distributions	11/30/2025
Institutional Accounts:
Advisory	$20,274	$175	$555	-	$21,004
Subadvisory	14,540	(344)	344	(54)	14,486
Total Institutional Accounts	34,814	(169)	899	(54)	35,490
Open-end Funds	43,647	(333)	923	(43)	44,194
Closed-end Funds	12,124	-	179	(54)	12,249
Total AUM	$90,585	($502)	$2,001	($151)	$91,933

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-november-2025-302635805.html

SOURCE Cohen & Steers, Inc.

FAQ

What were Cohen & Steers (CNS) preliminary assets under management on November 30, 2025?

Preliminary AUM were $91.9 billion as of November 30, 2025.

How much did market appreciation contribute to CNS AUM change in November 2025?

Market appreciation contributed $2.0 billion to AUM in November 2025.

What were net flows for Cohen & Steers (CNS) in November 2025 and how did they affect AUM?

Net outflows were $502 million in November 2025, which partially offset market gains.

How much did distributions reduce Cohen & Steers (CNS) AUM in November 2025?

Distributions reduced AUM by $151 million during November 2025.

What was the AUM breakdown by investment vehicle for Cohen & Steers (CNS) on November 30, 2025?

On November 30, 2025, open-end funds were $44.2B, institutional accounts $35.5B, and closed-end funds $12.2B.

Did Cohen & Steers (CNS) report an overall AUM increase for November 2025?

Yes. AUM increased from $90.6B on October 31, 2025 to $91.9B on November 30, 2025.