UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2008
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Cohen & Steers Capital Management Inc.
Address: 280 Park Avenue
10th Floor
New York, NY 10017
Form 13F File Number: 28-2405
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Lisa Phelan
Title: Senior Vice President and Chief Compliance Officer
Phone: (212) 832-3232
Signature, Place, and Dating of Signing:
/s/ Lisa Phelan New York, NY November 14, 2008
----------------- --------------- ------------------
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
028-01190 FRANK RUSSELL COMPANY
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 360
Form 13F Information Table Value Total: 14,632,361 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
01 Cohen & Steers Europe SA
FORM 13F INFORMATION TABLE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
---------------------------- -------- ------- --------------- ------- -------- --------------------------
TITLE
OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
---------------------------- -------- ------- --------- -------- ------- -------- ------ ------- -------
Abbott Laboratories COM 002824100 32,899 571,363 SH Sole 571,363 -
Acadia Realty Trust COM 004239109 43,089 1,704,497 SH Sole 1,635,102 69,395
ACE Ltd Common COM H0023R105 8,877 164,000 SH Sole 164,000 -
ACM Income Fund CEF COM 01881E101 2,336 310,200 SH Sole 310,200 -
Advent Claymore Conv COM 00764C109 10,819 677,518 SH Sole 677,518 -
Advent Claymore Glob COM 007639107 5,021 609,403 SH Sole 609,403 -
Advent/Claymore Enh COM 00765E104 1,062 102,349 SH Sole 102,349 -
Aflac Inc COM 001055102 25,183 428,649 SH Sole 428,649 -
AGL Resources Inc COM 001204106 9,351 298,000 SH Sole 298,000 -
Alcoa Inc Common COM 013817101 6,269 277,658 SH Sole 277,658 -
Alexandria Real Esta COM 015271109 8,910 79,200 SH Sole 79,200 -
Allegheny Energy, In COM 017361106 8,519 231,672 SH Sole 231,672 -
Alliant Energy Corp COM 018802108 2,454 76,200 SH Sole 76,200 -
Allstate Corp/The Co COM 020002101 6,683 144,900 SH Sole 144,900 -
Altria Group Inc Com COM 02209S103 12,719 641,108 SH Sole 641,108 -
AMB Property Corp Co COM 00163T109 48,543 1,071,586 SH Sole 978,135 93,451
Ameren Corp Common COM 023608102 40,990 1,050,200 SH Sole 1,050,200 -
America Movil SAB de COM 02364W105 1,261 27,200 SH Sole 27,200 -
American Campus Comm COM 024835100 143,425 4,233,318 SH Sole 4,035,729 197,589
American Land Lease COM 027118108 1,019 52,468 SH Sole 52,468 -
American Tower Corpo COM 029912201 3,923 109,073 SH Sole 109,073 -
Apache Corp Common COM 037411105 8,895 85,300 SH Sole 85,300 -
Apartment Invt & Mgm COM 03748R101 96,322 2,750,475 SH Sole 2,717,245 33,230
Archer Daniels Midla COM 039483102 8,409 383,779 SH Sole 383,779 -
AT&T Common COM 00206R102 20,290 726,709 SH Sole 726,709 -
AvalonBay Communitie COM 053484101 364,727 3,705,830 SH Sole 3,413,318 292,512
Avery Dennison Corp COM 053611109 1,428 32,100 SH Sole 32,100 -
Bank of America Corp COM 060505104 23,233 663,799 SH Sole 663,799 -
Bank Of New York Mel COM 064058100 1,854 56,900 SH Sole 56,900 -
Barclays Bank 7.10% PFD 06739H776 101 7,000 SH Sole 6,000 1,000
Barclays Bank 8.125% PFD 06739H362 24,370 1,425,150 SH Sole 1,424,150 1,000
Barclays Bank Plc 7 PFD 06739H511 560 35,600 SH Sole 34,600 1,000
BB&T Corp Common COM 054937107 5,704 150,900 SH Sole 150,900 -
Becton Dickinson &am COM 075887109 6,910 86,100 SH Sole 86,100 -
Bemis Co Common COM 081437105 1,303 49,700 SH Sole 49,700 -
BioMed Realty Trust COM 09063H107 57,435 2,171,471 SH Sole 2,140,792 30,679
Blackrock Corp HY Fu COM 09255P107 2,237 278,600 SH Sole 278,600 -
Blackrock Corporate COM 09255L106 1,238 247,600 SH Sole 247,600 -
Blackrock Corporate COM 09255N102 262 32,800 SH Sole 32,800 -
Blackrock Corporate COM 09255M104 407 83,800 SH Sole 83,800 -
BlackRock Debt Strat COM 09255R103 324 83,300 SH Sole 83,300 -
Blackrock Global Enr COM 09250U101 4,880 207,300 SH Sole 207,300 -
Blackrock Health Sci COM 09250W107 5,399 212,300 SH Sole 212,300 -
Blackrock Inc. COM COM 09247X101 10,192 52,400 SH Sole 52,400 -
Blackrock Internatio COM 092524107 1,107 103,000 SH Sole 103,000 -
Blackrock Ltd Durati COM 09249W101 5,330 425,371 SH Sole 425,371 -
Blackrock Pfd & Eq A COM 092508100 6,213 600,318 SH Sole 600,318 -
Blackrock Preferred COM 09249V103 968 101,400 SH Sole 101,400 -
Blackrock Real Asset COM 09254B109 3,448 321,600 SH Sole 321,600 -
Blackrock World Inve COM 09250K103 460 43,600 SH Sole 43,600 -
Boeing Co Common COM 097023105 11,657 203,268 SH Sole 203,268 -
Boston Properties In COM 101121101 615,064 6,566,987 SH Sole 6,041,754 525,233
Brandywine Realty Tr COM 105368203 111,623 6,963,453 SH Sole 6,572,767 390,686
BRE Properties Inc C COM 05564E106 113,203 2,310,254 SH Sole 2,132,710 177,544
Brookfield Propertie COM 112900105 90,179 5,693,273 SH Sole 5,029,218 664,055
Calamos Convertible COM 12811P108 4,815 481,512 SH Sole 481,512 -
Calamos Strat Tot Re COM 128125101 11,455 1,325,800 SH Sole 1,325,800 -
Camden Property Trus COM 133131102 98,242 2,142,201 SH Sole 2,055,687 86,514
Capital And Inc Stra COM 09256A109 2,140 159,200 SH Sole 159,200 -
Carnival Corp Common COM 143658300 9,465 267,750 SH Sole 267,750 -
Cedar Shopping Cente COM 150602209 15,194 1,149,286 SH Sole 1,149,286 -
Cemig SA-Spons ADR C COM 204409601 336 17,000 SH Sole 17,000 -
CenterPoint Energy, COM 15189T107 4,451 305,500 SH Sole 305,500 -
Chevron Corp Common COM 166764100 17,337 210,200 SH Sole 210,200 -
China Mobile Ltd ADR COM 16941M109 2,304 46,000 SH Sole 46,000 -
Citigroup Inc Common COM 172967101 13,312 649,038 SH Sole 649,038 -
Cleco Corp Common COM 12561W105 13,001 514,900 SH Sole 514,900 -
Clough Global Alloca COM 18913Y103 1,045 77,100 SH Sole 77,100 -
Clough Global Equity COM 18914C100 3,241 245,500 SH Sole 245,500 -
Clough Global Opport COM 18914E106 12,421 1,030,785 SH Sole 1,030,785 -
CNOOC Ltd ADR COM 126132109 487 4,250 SH Sole 4,250 -
Colonial Properties COM 195872106 18,807 1,006,256 SH Sole 1,001,956 4,300
Consolidated Edison COM 209115104 6,165 143,500 SH Sole 143,500 -
Corning Inc Common COM 219350105 15,077 964,000 SH Sole 964,000 -
Corporate Office Pro COM 22002T108 4,983 123,500 SH Sole 123,500 -
Corrections Corp of COM 22025Y407 245 9,867 SH Sole 9,867 -
Costco Wholesale Cor COM 22160K105 4,720 72,700 SH Sole 72,700 -
Crown Castle Intl Co COM 228227104 1,722 59,425 SH Sole 59,425 -
DCP Midstream Partne COM 23311P100 6,227 368,000 SH Sole 368,000 -
DCT Industrial Trust COM 233153105 261 34,900 SH Sole 30,567 4,333
Developers Diversifi COM 251591103 201,049 6,344,257 SH Sole 5,923,969 420,288
Devon Energy Corp Co COM 25179M103 13,750 150,773 SH Sole 150,773 -
Diageo PLC ADR COM 25243Q205 2,651 38,500 SH Sole 38,500 -
DiamondRock Hospital COM 252784301 28,525 3,134,574 SH Sole 3,073,161 61,413
Digital Realty Trust COM 253868103 18,288 387,044 SH Sole 338,330 48,714
Disney Co Common COM 254687106 11,911 388,100 SH Sole 388,100 -
Dominion Resources I COM 25746U109 48,196 1,126,600 SH Sole 1,126,600 -
Douglas Emmett Commo COM 25960P109 138,225 5,991,609 SH Sole 5,501,326 490,283
Dow 30 Enhanced Prei COM 260537105 5,815 510,572 SH Sole 510,572 -
Dow Chemical Co/The COM 260543103 6,940 218,400 SH Sole 218,400 -
DPL Inc Common COM 233293109 11,968 482,600 SH Sole 482,600 -
Duff & Phelps Utilit COM 26432K108 216 21,700 SH Sole 21,700 -
Duke Energy Corp Com COM 26441C105 141,439 8,114,668 SH Sole 8,114,668 -
Duncan Energy Partne COM 265026104 2,360 147,900 SH Sole 147,900 -
DuPont Fabros Techno COM 26613Q106 67,275 4,411,427 SH Sole 3,943,974 467,453
DWS Glbl Commodities COM 23338Y100 1,808 142,137 SH Sole 142,137 -
DWS RREEF Real Estat COM 233384106 3,098 232,547 SH Sole 232,547 -
DWS RREEF Real Estat COM 23338X102 3,430 424,000 SH Sole 424,000 -
EastGroup Properties COM 277276101 103,300 2,128,152 SH Sole 2,001,412 126,740
Eaton Vance Enh Eqt COM 278277108 9,182 657,264 SH Sole 657,264 -
Eaton Vance Enhanced COM 278274105 3,623 272,235 SH Sole 272,235 -
Eaton Vance Float Ra COM 278279104 286 25,500 SH Sole 25,500 -
Eaton Vance Ltd Dura COM 27828H105 6,309 572,509 SH Sole 572,509 -
Eaton Vance Senior F COM 27828Q105 1,467 134,600 SH Sole 134,600 -
Eaton Vance Short Du COM 27828V104 1,346 108,400 SH Sole 108,400 -
Eaton Vance T/M Buy- COM 27828X100 3,602 275,996 SH Sole 275,996 -
Eaton Vance T/M Buy- COM 27828Y108 9,247 772,546 SH Sole 772,546 -
Eaton Vance TA Gl Di COM 27828S101 6,922 480,700 SH Sole 480,700 -
Eaton Vance TA GL Di COM 27828U106 2,526 130,600 SH Sole 130,600 -
Eaton Vance Tax Man COM 27829C105 12,455 1,073,665 SH Sole 1,073,665 -
Eaton Vance Tax Man COM 27829F108 12,227 1,089,726 SH Sole 1,089,726 -
Eaton Vance Tax-Adv COM 27828G107 9,020 575,300 SH Sole 575,300 -
Eaton Vance Tax-Mgd COM 27828N102 18,834 1,535,005 SH Sole 1,535,005 -
Education Realty Tru COM 28140H104 35,183 3,175,348 SH Sole 3,076,395 98,953
EI Du Pont de Nemour COM 263534109 1,257 31,200 SH Sole 31,200 -
Eli Lilly and Co Com COM 532457108 2,400 54,500 SH Sole 54,500 -
Enbridge Energy Comm COM 29250R106 11,735 295,000 SH Sole 295,000 -
Energy Income And Gr COM 292697109 2,708 137,100 SH Sole 137,100 -
Energy Transfer Part COM 29273R109 15,568 422,700 SH Sole 422,700 -
Entergy Corp Common COM 29364G103 74,765 839,954 SH Sole 839,954 -
Enterprise Products COM 293792107 19,879 771,400 SH Sole 771,400 -
Entertainment Proper COM 29380T105 79,078 1,445,138 SH Sole 1,421,677 23,461
Equitable Resources COM 294549100 30,121 821,188 SH Sole 821,188 -
Equity Lifestyle Pro COM 29472R108 143,546 2,706,869 SH Sole 2,395,233 311,636
Equity One Inc Commo COM 294752100 441 21,500 SH Sole 18,831 2,669
Equity Residential C COM 29476L107 412,062 9,278,598 SH Sole 8,294,916 983,682
Essex Property Trust COM 297178105 11,470 96,937 SH Sole 88,094 8,843
Ethan Allen Interior COM 297602104 1,561 55,700 SH Sole 55,700 -
Evergreen Global Div COM 30024H101 9,741 916,300 SH Sole 916,300 -
Evergreen Income Adv COM 30023Y105 2,344 314,608 SH Sole 314,608 -
Evergreen Managed In COM 30024Y104 2,237 181,100 SH Sole 181,100 -
Evergreen Util & Hig COM 30034Q109 39 2,600 SH Sole 2,600 -
Exelon Corp Common COM 30161N101 155,611 2,485,004 SH Sole 2,485,004 -
Exterran Partners LP COM 30225N105 2,637 174,300 SH Sole 174,300 -
Extra Space Storage COM 30225T102 59,789 3,892,468 SH Sole 3,892,468 -
Exxon Mobil Corp Com COM 30231G102 25,787 332,047 SH Sole 332,047 -
F&C / Claymore Pfd S COM 338478100 1,757 230,900 SH Sole 230,900 -
F&C / Claymore Total COM 338479108 286 37,100 SH Sole 37,100 -
Fairpoint Communicat COM 305560104 10,721 1,236,626 SH Sole 1,236,626 -
Federal Realty Invs COM 313747206 290,326 3,391,637 SH Sole 3,004,796 386,841
Fiduciary/Claymore M COM 31647Q106 3,051 164,661 SH Sole 164,661 -
First Trust Aberdeen COM 33731K102 958 72,100 SH Sole 72,100 -
First Trust Aberdeen COM 337319107 750 63,100 SH Sole 63,100 -
First Trust/Four Crn COM 33733U108 1,327 127,000 SH Sole 127,000 -
FirstEnergy Corp Com COM 337932107 101,862 1,520,569 SH Sole 1,520,569 -
FPL Group Inc Common COM 302571104 94,691 1,882,515 SH Sole 1,882,515 -
Franklin Resources I COM 354613101 5,059 57,400 SH Sole 57,400 -
Franklin Templeton L COM 35472T101 625 74,800 SH Sole 74,800 -
Frontier Communicati COM 35906A108 13,679 1,189,500 SH Sole 1,189,500 -
Gabelli Dividend & I COM 36242H104 10,531 764,208 SH Sole 764,208 -
Gabelli Global Deal COM 36245G103 1,071 76,400 SH Sole 76,400 -
Gannett Co Common COM 364730101 2,318 137,100 SH Sole 137,100 -
General American Inv COM 368802104 2,367 91,500 SH Sole 91,500 -
General Dynamics Cor COM 369550108 17,522 238,019 SH Sole 238,019 -
General Electric Co COM 369604103 22,205 870,785 SH Sole 870,785 -
General Growth Prope COM 370021107 94,208 6,238,929 SH Sole 5,401,209 837,720
Glimcher Realty Trus COM 379302102 33,205 3,180,500 SH Sole 3,180,500 -
Goldman Sach Group, COM 38141G104 1,984 15,500 SH Sole 15,500 -
Google Inc CL A Comm COM 38259P508 888 2,600 SH Sole 2,600 -
Great Plains Energy COM 391164100 6,528 293,767 SH Sole 293,767 -
H & Q Healthcare Inv COM 404052102 2,869 209,400 SH Sole 209,400 -
H & Q Life Sciences COM 404053100 2,719 257,000 SH Sole 257,000 -
Harley-Davidson Inc COM 412822108 1,514 40,600 SH Sole 40,600 -
Harris Corp Common COM 413875105 10,215 221,100 SH Sole 221,100 -
HCC Insurance Holdin COM 404132102 18,562 687,481 SH Sole 687,481 -
HCP Inc Common COM 40414L109 259,027 6,454,706 SH Sole 6,288,278 166,428
Health Care REIT Inc COM 42217K106 336,958 6,330,228 SH Sole 6,019,545 310,683
Health Care REIT Inc PFD 42217K502 1,140 30,000 SH Sole 30,000 -
Healthcare Realty Tr COM 421946104 18,311 628,148 SH Sole 547,547 80,601
Hewlett-Packard Co C COM 428236103 5,839 126,274 SH Sole 126,274 -
Highland Credit Stra COM 43005Q107 5,910 618,221 SH Sole 618,221 -
Highwoods Properties COM 431284108 146,590 4,122,337 SH Sole 3,934,227 188,110
Home Depot Inc COM 437076102 1,419 54,800 SH Sole 54,800 -
Home Properties Inc COM 437306103 171,456 2,958,685 SH Sole 2,945,120 13,565
Hospitality Properti COM 44106M102 53,546 2,609,443 SH Sole 2,474,281 135,162
Host Hotels & Resort COM 44107P104 369,626 27,812,300 SH Sole 25,094,445 2,717,855
HSBC Holdings PLC 6. PFD 404280604 19 1,100 SH Sole 1,100 -
HSBC Holdings PLC AD COM 404280406 5,569 68,900 SH Sole 68,900 -
ING Asia Pacific Hig COM 44983J107 832 62,800 SH Sole 62,800 -
ING Clarion Global R COM 44982G104 3,886 441,613 SH Sole 441,613 -
ING Global Advntge & COM 44982N109 4,202 338,300 SH Sole 338,300 -
ING Global Eqty Div COM 45684E107 2,296 206,844 SH Sole 206,844 -
ING Risk Managed Nat COM 449810100 5,721 426,931 SH Sole 426,931 -
Inland Real Estate C COM 457461200 51,319 3,270,856 SH Sole 3,270,856 -
Intel Corp Common COM 458140100 13,126 700,836 SH Sole 700,836 -
International Busine COM 459200101 15,308 130,883 SH Sole 130,883 -
International Paper COM 460146103 2,896 110,600 SH Sole 110,600 -
ITC Holdings Corp Co COM 465685105 14,159 273,500 SH Sole 273,500 -
John Hancock Preferr COM 41013W108 732 62,600 SH Sole 62,600 -
John Hancock Preferr COM 41013X106 1,334 113,300 SH Sole 113,300 -
John Hancock Preferr COM 41021P103 1,102 107,871 SH Sole 107,871 -
John Hancock T/A Dvd COM 41013V100 2,435 216,100 SH Sole 216,100 -
Johnson & Johnson Co COM 478160104 26,124 377,086 SH Sole 377,086 -
Johnson Controls Com COM 478366107 1,177 38,800 SH Sole 38,800 -
JPMorgan Chase Commo COM 46625H100 19,489 417,339 SH Sole 417,339 -
Kayne Anderson Energ COM 48660P104 1,428 64,432 SH Sole 64,432 -
Kilroy Realty Corp C COM 49427F108 88,484 1,851,531 SH Sole 1,642,698 208,833
Kimberly-Clark Corp COM 494368103 3,067 47,300 SH Sole 47,300 -
Kimco Realty Corp Co COM 49446R109 62,480 1,691,422 SH Sole 1,462,300 229,122
Kinder Morgan Energy COM 494550106 31,873 612,592 SH Sole 612,592 -
Korea Equity Fund CE COM 50063B104 343 43,100 SH Sole 43,100 -
Kraft Foods Inc Comm COM 50075N104 3,820 116,626 SH Sole 116,626 -
L-3 Communications H COM 502424104 11,631 118,300 SH Sole 118,300 -
LaSalle Hotel Proper COM 517942108 43,471 1,864,123 SH Sole 1,645,341 218,782
Liberty All Star Equ COM 530158104 2,792 618,986 SH Sole 618,986 -
Liberty All-Star Gro COM 529900102 1,086 312,900 SH Sole 312,900 -
Liberty Property Tru COM 531172104 333,370 8,854,444 SH Sole 8,457,401 397,043
LMP Cap & Inc CEF CE COM 50208A102 6,768 585,459 SH Sole 585,459 -
Lockheed Martin Corp COM 539830109 18,415 167,900 SH Sole 167,900 -
Macerich Co/The Comm COM 554382101 656,880 10,320,193 SH Sole 9,164,227 1,155,966
Mack-Cali Realty Cor COM 554489104 271,469 8,015,026 SH Sole 7,664,130 350,896
Macquarie Global Inf COM 55608D101 1,525 100,500 SH Sole 100,500 -
Magellan Midstream P COM 559080106 10,592 326,900 SH Sole 326,900 -
Maguire Properties I COM 559775101 9,386 1,575,083 SH Sole 1,378,746 196,337
Marathon Oil Corp Co COM 565849106 15,577 390,700 SH Sole 390,700 -
Markwest Energy Part COM 570759100 8,772 347,000 SH Sole 347,000 -
Marshall & Ilsley Co COM 571837103 4,010 199,000 SH Sole 199,000 -
Mattel Inc Common COM 577081102 7,176 397,800 SH Sole 397,800 -
McDonald's Corp Comm COM 580135101 23,998 388,939 SH Sole 388,939 -
Medtronic Common COM 585055106 26,900 536,925 SH Sole 536,925 -
Merck and Co Inc Com COM 589331107 3,709 117,529 SH Sole 117,529 -
Metlife Inc Common COM 59156R108 14,442 257,900 SH Sole 257,900 -
MFA Mortgage Investm COM 55272X102 298 45,800 SH Sole 45,800 -
MFS Intermediate Inc COM 55273C107 1,450 245,300 SH Sole 245,300 -
MFS Mutimarket Inc. COM 552737108 1,787 357,300 SH Sole 357,300 -
Microchip Technology COM 595017104 16,643 565,548 SH Sole 565,548 -
Microsoft Common COM 594918104 23,410 877,080 SH Sole 877,080 -
Mid-America Apartmen COM 59522J103 50,865 1,035,100 SH Sole 1,035,100 -
Mission West Propert COM 605203108 14,043 1,441,700 SH Sole 1,441,700 -
MLP & Strategic Equi COM 55312N106 2,562 240,103 SH Sole 240,103 -
Monsanto Co Common COM 61166W101 4,170 42,134 SH Sole 42,134 -
Morgan Stanley Commo COM 617446448 5,964 259,300 SH Sole 259,300 -
MS Emerging Mkts Dom COM 617477104 2,476 207,200 SH Sole 207,200 -
Nasdaq Premium Incom COM 63110R105 5,919 478,500 SH Sole 478,500 -
National Retail Prop COM 637417106 39,475 1,648,228 SH Sole 1,517,079 131,149
Nationwide Health Pr COM 638620104 168,289 4,677,300 SH Sole 4,677,300 -
Neuberger Berman Dvd COM 64127J102 2,141 161,700 SH Sole 161,700 -
Newell Rubbermaid In COM 651229106 2,097 121,500 SH Sole 121,500 -
NFJ Dvd Interest & P COM 65337H109 8,205 503,700 SH Sole 503,700 -
Nicholas Applegate E COM 65370K100 2,930 200,650 SH Sole 200,650 -
Nicholas-Applegate C COM 65370F101 914 113,100 SH Sole 113,100 -
Nicholas-Applegate C COM 65370G109 4,277 571,004 SH Sole 571,004 -
Nike Inc Common COM 654106103 18,166 271,537 SH Sole 271,537 -
Nokia OYJ ADR COM 654902204 2,695 144,500 SH Sole 144,500 -
Nordstrom Inc Common COM 655664100 6,038 209,540 SH Sole 209,540 -
Norfolk Southern Cor COM 655844108 3,887 58,700 SH Sole 58,700 -
Northeast Utilities COM 664397106 17,348 676,345 SH Sole 676,345 -
NSTAR Common COM 67019E107 23,306 695,713 SH Sole 695,713 -
Nuveen Diversified D COM 6706EP105 2,749 298,132 SH Sole 298,132 -
Nuveen Equity Premiu COM 6706ET107 2,951 234,000 SH Sole 234,000 -
Nuveen Floating Rate COM 6706EN100 387 51,200 SH Sole 51,200 -
Nuveen Global Value COM 6706EH103 487 37,600 SH Sole 37,600 -
Nuveen Multi-Currenc COM 67090N109 1,113 80,400 SH Sole 80,400 -
Nuveen Real Estate I COM 67071B108 2,041 180,657 SH Sole 180,657 -
OGE Energy Corp Comm COM 670837103 20,418 661,200 SH Sole 661,200 -
Omega Healthcare Inv COM 681936100 132,939 6,761,962 SH Sole 6,555,133 206,829
Paccar Inc Common COM 693718108 3,706 97,050 SH Sole 97,050 -
Parkway Properties I COM 70159Q104 29,104 768,701 SH Sole 746,601 22,100
Pepco Holdings Inc C COM 713291102 45,297 1,977,195 SH Sole 1,977,195 -
PepsiCo, Inc. COM 713448108 9,351 131,210 SH Sole 131,210 -
Petro-Canada Common COM 71644E102 3,902 117,000 SH Sole 117,000 -
Pfizer Inc Common COM 717081103 14,482 785,359 SH Sole 785,359 -
PG&E Corp Common COM 69331C108 58,761 1,569,062 SH Sole 1,569,062 -
Philip Morris Intern COM 718172109 2,205 45,833 SH Sole 45,833 -
Pinnacle West Capita COM 723484101 21,338 620,100 SH Sole 620,100 -
Pioneer Diversified COM 723653101 214 15,300 SH Sole 15,300 -
Pioneer Floating Rat COM 72369J102 283 28,300 SH Sole 28,300 -
Pioneer High Income COM 72369H106 2,892 280,200 SH Sole 280,200 -
Pitney Bowes Inc Com COM 724479100 2,850 85,700 SH Sole 85,700 -
Plains All Amer Pipe COM 726503105 4,279 108,000 SH Sole 108,000 -
Plum Creek Timber co COM 729251108 180,726 3,624,657 SH Sole 3,549,744 74,913
PNC Financial Servic COM 693475105 3,444 46,100 SH Sole 46,100 -
Post Properties Inc COM 737464107 78 2,772 SH Sole 2,772 -
PPG Industries Inc C COM 693506107 1,388 23,800 SH Sole 23,800 -
PPL Corp Common COM 69351T106 45,204 1,221,072 SH Sole 1,221,072 -
Preferred & Corp. In COM 09255J101 257 30,800 SH Sole 30,800 -
Procter & Gamble Co COM 742718109 28,885 414,476 SH Sole 414,476 -
Progress Energy Inc COM 743263105 11,587 268,650 SH Sole 268,650 -
Prologis Common COM 743410102 268,086 6,495,895 SH Sole 5,777,177 718,718
PS Business Parks In COM 69360J107 81,682 1,418,109 SH Sole 1,262,527 155,582
Public Service Enter COM 744573106 93,194 2,842,130 SH Sole 2,842,130 -
Public Storage Inc C COM 74460D109 540,038 5,454,381 SH Sole 4,828,507 625,874
Public Storage Inc S COM 74460D729 21,514 826,200 SH Sole 802,400 23,800
Putnam Premier Incom COM 746853100 1,634 300,900 SH Sole 300,900 -
Qualcomm Inc COM COM 747525103 6,050 140,800 SH Sole 140,800 -
Ramco-Gershenson Pro COM 751452202 13,471 600,823 SH Sole 600,823 -
Rayonier Inc Common COM 754907103 60,074 1,268,722 SH Sole 1,229,783 38,939
Reaves Utility Inc C COM 756158101 1,646 97,800 SH Sole 97,800 -
Regency Centers Corp COM 758849103 367,813 5,515,239 SH Sole 4,984,572 530,667
Royal Bank of Scotla PFD 780097754 231 26,300 SH Sole 26,300 -
Royal Bank of Scotla PFD 780097739 1,255 144,998 SH Sole 142,498 2,500
Royal Bank of Scotla PFD 780097713 4,456 445,602 SH Sole 443,572 2,030
Royal Bank of Scotla PFD 780097770 1,261 130,700 SH Sole 130,700 -
RR Donnelley & Sons COM 257867101 1,224 49,900 SH Sole 49,900 -
S & P Covered Call COM 78381P109 459 36,600 SH Sole 36,600 -
SB Emerging Markets COM 95766A101 940 73,400 SH Sole 73,400 -
SBA Communications C COM 78388J106 629 24,300 SH Sole 24,300 -
SCANA Corp Common COM 80589M102 4,520 116,100 SH Sole 116,100 -
Schlumberger LTD Com COM 806857108 17,118 219,198 SH Sole 219,198 -
Sempra Energy Common COM 816851109 35,872 710,751 SH Sole 710,751 -
Senior Housing Prop COM 81721M109 111,063 4,660,643 SH Sole 4,660,643 -
Simon Property Group COM 828806109 1,001,536 10,325,120 SH Sole 8,401,146 1,923,974
SL Green Realty Corp COM 78440X101 161,740 2,496,012 SH Sole 2,332,530 163,482
Small Cap Prem & Div COM 83165P101 466 37,000 SH Sole 37,000 -
Sonoco Products Comm COM 835495102 3,078 103,700 SH Sole 103,700 -
Southern Union Co Co COM 844030106 409 19,797 SH Sole 19,797 -
Sovran Self Storage COM 84610H108 107,875 2,413,857 SH Sole 2,385,594 28,263
Spectra Energy Corp COM 847560109 53,468 2,246,555 SH Sole 2,246,555 -
Starwood Hotels & Re COM 85590A401 175,675 6,242,872 SH Sole 5,597,129 645,743
Strategic Hotel Capi COM 86272T106 32,757 4,338,597 SH Sole 4,153,501 185,096
Sunamerica Focused A COM 867037103 6,483 505,700 SH Sole 505,700 -
Sunstone Hotel Inves COM 867892101 3,171 234,848 SH Sole 207,242 27,606
SunTrust Banks Commo COM 867914103 3,496 77,700 SH Sole 77,700 -
Swiss Helvetia Fund COM 870875101 972 77,600 SH Sole 77,600 -
Sysco Corp Common COM 871829107 1,668 54,100 SH Sole 54,100 -
Targa Resources Part COM 87611X105 1,345 79,029 SH Sole 79,029 -
Taubman Centers Inc COM 876664103 170,534 3,410,678 SH Sole 2,825,193 585,485
TCF Financial Corp C COM 872275102 3,940 218,900 SH Sole 218,900 -
Teco Energy Common COM 872375100 5,001 317,900 SH Sole 317,900 -
Teekay LNG Partners PRTNRS Y8564M105 1,099 70,000 SH Sole 70,000 -
Teekay Offshore Part PRTNRS Y8565J101 982 85,000 SH Sole 85,000 -
Teva Pharmaceutical COM 881624209 13,182 287,884 SH Sole 287,884 -
Texas Instruments In COM 882508104 2,107 98,000 SH Sole 98,000 -
The Hershey Company COM 427866108 1,613 40,800 SH Sole 40,800 -
The Southern Co Comm COM 842587107 141,504 3,754,400 SH Sole 3,754,400 -
Total SA Spon ADR COM 89151E109 1,872 30,850 SH Sole 30,850 -
Transocean Inc COM G90073100 9,787 89,096 SH Sole 89,096 -
U-Store-It Trust Com COM 91274F104 11,987 977,048 SH Sole 927,181 49,867
UDR INC Common COM 902653104 198,034 7,572,970 SH Sole 7,189,548 383,422
United Parcel Servic COM 911312106 13,268 210,960 SH Sole 210,960 -
United Technologies COM 913017109 6,593 109,773 SH Sole 109,773 -
Urstadt Biddle Prope COM 917286205 25,755 1,373,577 SH Sole 1,353,277 20,300
US Bancorp Common COM 902973304 20,448 567,700 SH Sole 567,700 -
Valero Energy Corp C COM 91913Y100 1,230 40,600 SH Sole 40,600 -
Vectren Corp Common COM 92240G101 12,005 431,067 SH Sole 431,067 -
Ventas Inc Common COM 92276F100 489,885 9,912,669 SH Sole 9,434,698 477,971
Verizon Communicatio COM 92343V104 17,047 531,186 SH Sole 531,186 -
VF Corp Common COM 918204108 1,531 19,800 SH Sole 19,800 -
Vornado Realty Trust COM 929042109 799,943 8,795,418 SH Sole 8,155,740 639,678
Wachovia Corp Common COM 929903102 614 175,470 SH Sole 175,470 -
Wal-Mart Stores Inc COM 931142103 10,367 173,100 SH Sole 173,100 -
Washington Real Esta COM 939653101 16,888 461,044 SH Sole 461,044 -
Weingarten Realty In COM 948741103 43,636 1,223,325 SH Sole 1,097,844 125,481
Wells Fargo & Co Com COM 949746101 22,968 611,987 SH Sole 611,987 -
Western Asset Emergi COM 95766E103 1,149 125,300 SH Sole 125,300 -
Western Asset Gl Hig COM 95766B109 894 106,800 SH Sole 106,800 -
Western Asset High I COM 95766J102 2,359 333,674 SH Sole 333,674 -
Western Asset Manage COM 95766K109 2,195 505,800 SH Sole 505,800 -
Western Asset Opport COM 95766L107 2,316 518,087 SH Sole 518,087 -
Western Asset Premie COM 957664105 215 23,400 SH Sole 23,400 -
Western Asset Worldw COM 957668106 420 43,000 SH Sole 43,000 -
Western Asset/Claymo COM 95766R104 2,957 283,276 SH Sole 283,276 -
WGL Holdings Inc Com COM 92924F106 3,099 95,500 SH Sole 95,500 -
Williams Cos Inc Com COM 969457100 1,157 48,928 SH Sole 48,928 -
Williams Partners LP PRTNRS 96950F104 4,976 192,500 SH Sole 192,500 -
Wilmington Trust Cor COM 971807102 2,946 102,200 SH Sole 102,200 -
Wisconsin Energy Gro COM 976657106 6,786 151,128 SH Sole 151,128 -
Worthington Industri COM 981811102 2,190 146,600 SH Sole 146,600 -
Xcel Energy Inc Comm COM 98389B100 40,420 2,022,034 SH Sole 2,022,034 -
Zweig Fund Inc CEF COM 989834106 824 230,300 SH Sole 230,300 -
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360 Data Records
14,632,361 Value Total
01 Other Manager on whose behalf report is filed