UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 August 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: 377
Form 13F Information Table Value Total: 16,561,494 (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 Comm COM 002824100 28,008 528,763 SH Sole 528,763 -
Acadia Realty Trust Comm COM 004239109 27,229 1,176,215 SH Sole 1,132,806 43,409
ACM Income Fund CEF COM 01881E101 829 101,800 SH Sole 101,800 -
Advent Claymore Conv Sec COM 00764C109 15,061 677,218 SH Sole 677,218 -
Advent Claymore Global C COM 007639107 7,518 542,803 SH Sole 542,803 -
Advent/Claymore Enh Gr & COM 00765E104 2,757 195,549 SH Sole 195,549 -
AES Corp Common COM 00130H105 533 27,755 SH Sole 27,755 -
Aflac Inc COM 001055102 25,915 412,649 SH Sole 412,649 -
AGL Resources Inc COM 001204106 10,305 298,000 SH Sole 298,000 -
Alcoa Inc Common COM 013817101 8,319 233,558 SH Sole 233,558 -
Alexandria Real Estate E COM 015271109 8,361 85,900 SH Sole 85,900 -
Allegheny Energy, Inc. COM 017361106 11,810 235,672 SH Sole 235,672 -
Alliant Energy Corp Comm COM 018802108 2,611 76,200 SH Sole 76,200 -
Allstate Corp/The Common COM 020002101 8,097 177,600 SH Sole 177,600 -
Altria Group Inc Common COM 02209S103 8,530 414,908 SH Sole 414,908 -
AMB Property Corp Common COM 00163T109 20,795 412,763 SH Sole 398,180 14,583
Ameren Corp Common COM 023608102 44,350 1,050,200 SH Sole 1,050,200 -
America Movil SAB de CV COM 02364W105 2,717 51,500 SH Sole 51,500 -
American Campus Communit COM 024835100 119,575 4,295,068 SH Sole 4,077,897 217,171
American Electric Power COM 025537101 16,085 399,819 SH Sole 399,819 -
American International G COM 026874107 11,260 425,522 SH Sole 425,522 -
American Land Lease Inc COM 027118108 646 34,019 SH Sole 34,019 -
American Tower Corporati COM 029912201 5,453 129,073 SH Sole 129,073 -
American Water Works Co COM 030420103 2,839 128,000 SH Sole 128,000 -
Apache Corp Common COM 037411105 11,829 85,100 SH Sole 85,100 -
Apartment Invt & Mgmt COM 03748R101 223,466 6,560,947 SH Sole 6,164,112 396,835
Archer Daniels Midland C COM 039483102 11,295 334,679 SH Sole 334,679 -
AT&T Common COM 00206R102 20,915 620,809 SH Sole 620,809 -
AvalonBay Communities In COM 053484101 435,404 4,883,408 SH Sole 4,478,788 404,620
Avery Dennison Corp Comm COM 053611109 1,410 32,100 SH Sole 32,100 -
Bank of America Corp Com COM 060505104 15,105 632,799 SH Sole 632,799 -
Bank Of New York Mellon COM 064058100 1,082 28,600 SH Sole 28,600 -
Barclays Bank 7.10% (BCS PFD 06739H776 147 7,000 SH Sole 6,000 1,000
Barclays Bank 8.125% (BC PFD 06739H362 37,804 1,537,350 SH Sole 1,536,350 1,000
Barclays Bank Plc 7.75% PFD 06739H511 489 21,600 SH Sole 20,600 1,000
BB&T Corp Common COM 054937107 3,272 143,700 SH Sole 143,700 -
Becton Dickinson and Co COM 075887109 5,325 65,500 SH Sole 65,500 -
Bemis Co Common COM 081437105 1,287 57,400 SH Sole 57,400 -
BioMed Realty Trust Inc COM 09063H107 86,638 3,531,965 SH Sole 3,368,670 163,295
Blackrock Corp HY Fund V COM 09255P107 3,076 278,600 SH Sole 278,600 -
Blackrock Corporate High COM 09255L106 1,639 247,600 SH Sole 247,600 -
Blackrock Corporate High COM 09255N102 359 32,800 SH Sole 32,800 -
Blackrock Corporate HY F COM 09255M104 551 83,800 SH Sole 83,800 -
Blackrock Global Enrg & COM 09250U101 7,923 213,100 SH Sole 213,100 -
Blackrock Global Eq Inc COM 09255D104 978 70,285 SH Sole 70,285 -
Blackrock Health Science COM 09250W107 5,281 215,300 SH Sole 215,300 -
Blackrock Inc. COM COM 09247X101 7,549 42,650 SH Sole 42,650 -
Blackrock International COM 092524107 1,575 103,000 SH Sole 103,000 -
Blackrock Ltd Duration I COM 09249W101 5,990 391,480 SH Sole 391,480 -
Blackrock Pfd & Eq Adv T COM 092508100 9,234 606,318 SH Sole 606,318 -
Blackrock Preferred Oppo COM 09249V103 930 53,000 SH Sole 53,000 -
Blackrock Real Asset Equ COM 09254B109 5,950 329,100 SH Sole 329,100 -
Boeing Co Common COM 097023105 13,444 204,568 SH Sole 204,568 -
Boston Properties Inc Co COM 101121101 585,621 6,491,039 SH Sole 6,028,375 462,664
Brandywine Realty Trust COM 105368203 74,713 4,740,677 SH Sole 4,694,777 45,900
BRE Properties Inc Commo COM 05564E106 137,897 3,186,135 SH Sole 2,891,368 294,767
Brookfield Properties Co COM 112900105 92,844 5,218,922 SH Sole 4,500,887 718,035
Brunswick Corp Common COM 117043109 1,011 95,400 SH Sole 95,400 -
Calamos Convertible & In COM 12811P108 5,617 423,912 SH Sole 423,912 -
Calamos Strat Tot Return COM 128125101 15,025 1,327,300 SH Sole 1,327,300 -
Calpine Corp Common COM 131347304 526 23,300 SH Sole 23,300 -
Camden Property Trust Co COM 133131102 97,091 2,193,661 SH Sole 2,107,665 85,996
Capital And Inc Strat Fd COM 09256A109 3,534 203,200 SH Sole 203,200 -
Carnival Corp Common COM 143658300 8,867 269,050 SH Sole 269,050 -
Cedar Shopping Centers I COM 150602209 25,400 2,167,200 SH Sole 2,167,200 -
Cemig SA-Spons ADR Commo COM 204409601 270 11,000 SH Sole 11,000 -
CenterPoint Energy, Inc. COM 15189T107 4,903 305,500 SH Sole 305,500 -
Chevron Corp Common COM 166764100 20,560 207,400 SH Sole 207,400 -
China Mobile Ltd ADR COM 16941M109 2,658 39,700 SH Sole 39,700 -
Citigroup Inc Common COM 172967101 10,978 655,038 SH Sole 655,038 -
Cleco Corp Common COM 12561W105 12,013 514,900 SH Sole 514,900 -
Clough Global Allocation COM 18913Y103 1,818 84,600 SH Sole 84,600 -
Clough Global Equity Fun COM 18914C100 4,788 239,300 SH Sole 239,300 -
Clough Global Opportunit COM 18914E106 18,199 1,021,285 SH Sole 1,021,285 -
CNOOC Ltd ADR COM 126132109 1,033 5,950 SH Sole 5,950 -
Colonial Properties Trus COM 195872106 52,635 2,629,068 SH Sole 2,442,573 186,495
Consolidated Edison Inc COM 209115104 31,276 800,100 SH Sole 800,100 -
Constellation Energy Gro COM 210371100 73,341 893,306 SH Sole 893,306 -
Corning Inc Common COM 219350105 19,240 834,700 SH Sole 834,700 -
Corporate Office Propert COM 22002T108 4,954 144,300 SH Sole 144,300 -
Corrections Corp of Amer COM 22025Y407 176 6,402 SH Sole 6,402 -
Costco Wholesale Corp Co COM 22160K105 5,471 78,000 SH Sole 78,000 -
Crown Castle Intl Corp C COM 228227104 1,956 50,500 SH Sole 50,500 -
DCP Midstream Partners L COM 23311P100 13,133 449,000 SH Sole 449,000 -
Developers Diversified R COM 251591103 281,154 8,100,095 SH Sole 7,568,555 531,540
Devon Energy Corp Common COM 25179M103 18,008 149,873 SH Sole 149,873 -
Diageo PLC ADR COM 25243Q205 5,806 78,600 SH Sole 78,600 -
DiamondRock Hospitality COM 252784301 41,074 3,771,700 SH Sole 3,709,600 62,100
Digital Realty Trust Inc COM 253868103 41,446 1,013,102 SH Sole 902,766 110,336
Disney Co Common COM 254687106 13,872 444,600 SH Sole 444,600 -
Dominion Resources Inc/V COM 25746U109 56,732 1,194,600 SH Sole 1,194,600 -
Douglas Emmett Common COM 25960P109 129,567 5,897,471 SH Sole 5,398,980 498,491
Dow 30 Enhanced Preimium COM 260537105 8,087 543,072 SH Sole 543,072 -
Dow Chemical Co/The Comm COM 260543103 7,929 227,100 SH Sole 227,100 -
DPL Inc Common COM 233293109 12,731 482,600 SH Sole 482,600 -
DTE Energy Co Common COM 233331107 1,625 38,300 SH Sole 38,300 -
Duff & Phelps Utility & COM 26432K108 210 19,700 SH Sole 19,700 -
Duke Energy Corp Common COM 26441C105 139,861 8,047,268 SH Sole 8,047,268 -
Duke Realty Corp Common COM 264411505 98 4,356 SH Sole 4,356 -
Duncan Energy Partners C COM 265026104 2,668 147,900 SH Sole 147,900 -
DuPont Fabros Technology COM 26613Q106 41,991 2,252,713 SH Sole 1,976,177 276,536
DWS Glbl Commodities Stk COM 23338Y100 3,347 164,872 SH Sole 164,872 -
DWS RREEF Real Estate CE COM 233384106 3,753 232,547 SH Sole 232,547 -
DWS RREEF Real Estate II COM 23338X102 4,884 424,000 SH Sole 424,000 -
EastGroup Properties Inc COM 277276101 128,881 3,004,223 SH Sole 2,783,083 221,140
Eaton Vance Enh Eqt Inc COM 278277108 11,338 660,725 SH Sole 660,725 -
Eaton Vance Enhanced Eq COM 278274105 4,790 274,047 SH Sole 274,047 -
Eaton Vance Float Rate I COM 278279104 370 25,500 SH Sole 25,500 -
Eaton Vance Ltd Duration COM 27828H105 7,816 540,157 SH Sole 540,157 -
Eaton Vance Senior Float COM 27828Q105 1,925 134,600 SH Sole 134,600 -
Eaton Vance Short Durati COM 27828V104 1,674 108,400 SH Sole 108,400 -
Eaton Vance T/M Buy-Writ COM 27828X100 4,564 271,153 SH Sole 271,153 -
Eaton Vance T/M Buy-Writ COM 27828Y108 12,324 752,863 SH Sole 752,863 -
Eaton Vance TA Gl Div & COM 27828S101 10,276 472,700 SH Sole 472,700 -
Eaton Vance TA GL Div Op COM 27828U106 3,450 115,100 SH Sole 115,100 -
Eaton Vance Tax Man Glbl COM 27829C105 16,365 1,049,065 SH Sole 1,049,065 -
Eaton Vance Tax Man Glbl COM 27829F108 16,082 1,057,326 SH Sole 1,057,326 -
Eaton Vance Tax-Adv Dvd COM 27828G107 13,171 568,700 SH Sole 568,700 -
Eaton Vance Tax-Mgd Dvsf COM 27828N102 22,854 1,499,605 SH Sole 1,499,605 -
Education Realty Trust I COM 28140H104 35,766 3,069,993 SH Sole 2,976,293 93,700
EI Du Pont de Nemours an COM 263534109 1,338 31,200 SH Sole 31,200 -
El Paso Corp Common COM 28336L109 783 36,000 SH Sole 36,000 -
Eli Lilly and Co Common COM 532457108 2,723 59,000 SH Sole 59,000 -
Empresa Nacional de Elec COM 29244T101 214 5,000 SH Sole 5,000 -
Enbridge Energy Common COM 29250R106 14,841 295,000 SH Sole 295,000 -
Energy Income And Growth COM 292697109 3,000 132,100 SH Sole 132,100 -
Energy Transfer Partners COM 29273R109 18,144 417,400 SH Sole 417,400 -
EnergySouth Common COM 292970100 466 9,496 SH Sole 9,496 -
Entergy Corp Common COM 29364G103 159,667 1,325,254 SH Sole 1,325,254 -
Enterprise Products Ptnr COM 293792107 23,304 788,900 SH Sole 788,900 -
Entertainment Properties PFD 29380T600 1,603 60,500 SH Sole 60,500 -
Entertainment Properties COM 29380T105 111,987 2,265,105 SH Sole 2,097,197 167,908
Equitable Resources Inc COM 294549100 79,225 1,147,188 SH Sole 1,147,188 -
Equity Lifestyle Propert COM 29472R108 119,773 2,722,115 SH Sole 2,397,715 324,400
Equity One Inc Common COM 294752100 36,288 1,765,828 SH Sole 1,524,628 241,200
Equity Residential Commo COM 29476L107 747,415 4,787,826 SH Sole 4,287,698 485,371
Essex Property Trust Inc COM 297178105 2,823 26,511 SH Sole 26,511 -
Ethan Allen Interiors In COM 297602104 1,370 55,700 SH Sole 55,700 -
Evergreen Global Div Opp COM 30024H101 13,458 888,900 SH Sole 888,900 -
Evergreen Income Advanta COM 30023Y105 3,320 318,608 SH Sole 318,608 -
Evergreen Managed Income COM 30024Y104 2,608 168,500 SH Sole 168,500 -
Exelon Corp Common COM 30161N101 224,891 2,499,904 SH Sole 2,499,904 -
Exterran Partners LP Com COM 30225N105 6,012 193,500 SH Sole 193,500 -
Extra Space Storage Inc COM 30225T102 116,130 7,560,574 SH Sole 7,117,670 442,904
Exxon Mobil Corp Common COM 30231G102 28,824 327,047 SH Sole 327,047 -
F&C / Claymore Pfd Sec I COM 338478100 2,557 183,400 SH Sole 183,400 -
F&C / Claymore Total Ret COM 338479108 499 33,300 SH Sole 33,300 -
Fairpoint Communications COM 305560104 8,916 1,236,626 SH Sole 1,236,626 -
Federal Realty Invs Trus COM 313747206 263,338 3,816,492 SH Sole 3,360,943 455,549
Fiduciary/Claymore Mlp O COM 31647Q106 3,404 164,661 SH Sole 164,661 -
First Industrial Realty COM 32054K103 10,829 394,200 SH Sole 394,200 -
First Trust Aberdeen Emg COM 33731K102 1,314 75,300 SH Sole 75,300 -
First Trust Aberdeen Glo COM 337319107 1,047 64,100 SH Sole 64,100 -
First Trust/Four Crns SR COM 33733U108 1,719 121,100 SH Sole 121,100 -
FirstEnergy Corp Common COM 337932107 127,329 1,546,569 SH Sole 1,546,569 -
Forest City Enterprises COM 345550107 42,497 1,318,923 SH Sole 1,163,873 155,050
FPL Group Inc Common COM 302571104 122,216 1,863,615 SH Sole 1,863,615 -
Franklin Resources Inc C COM 354613101 5,326 58,100 SH Sole 58,100 -
Franklin Templeton Ltd D COM 35472T101 836 74,800 SH Sole 74,800 -
Freddie Mac Common COM 313400301 3,551 216,540 SH Sole 216,540 -
Frontier Communications COM 17453B101 13,489 1,189,500 SH Sole 1,189,500 -
Gabelli Dividend & Incom COM 36242H104 13,201 747,908 SH Sole 747,908 -
Gabelli Global Deal Fund COM 36245G103 1,284 82,800 SH Sole 82,800 -
Gannett Co Common COM 364730101 3,500 161,500 SH Sole 161,500 -
General American Investo COM 368802104 2,802 86,600 SH Sole 86,600 -
General Dynamics Corp Co COM 369550108 17,347 206,019 SH Sole 206,019 -
General Electric Co Comm COM 369604103 23,981 898,485 SH Sole 898,485 -
General Growth Propertie COM 370021107 582,429 16,626,563 SH Sole 14,388,940 2,237,623
Glimcher Realty Trust Co COM 379302102 55,076 4,926,200 SH Sole 4,694,300 231,900
Goldman Sach Group, Inc. COM 38141G104 2,711 15,500 SH Sole 15,500 -
Google Inc CL A Common COM 38259P508 2,527 4,800 SH Sole 4,800 -
Gramercy Capital Corp/Ne COM 384871109 7,768 670,276 SH Sole 670,276 -
Great Plains Energy Inc COM 391164100 4,353 172,200 SH Sole 172,200 -
H & Q Healthcare Investo COM 404052102 2,689 183,300 SH Sole 183,300 -
H & Q Life Sciences Invs COM 404053100 2,935 257,000 SH Sole 257,000 -
Harley-Davidson Inc Comm COM 412822108 1,472 40,600 SH Sole 40,600 -
Harris Corp Common COM 413875105 10,997 217,800 SH Sole 217,800 -
HCC Insurance Holdings I COM 404132102 15,573 736,681 SH Sole 736,681 -
HCP Inc Common COM 40414L109 618,684 7,339,470 SH Sole 7,060,214 267,134
Health Care REIT Inc Com COM 42217K106 219,968 4,943,104 SH Sole 4,839,320 103,784
Health Care REIT Inc PFD PFD 42217K502 3,192 100,000 SH Sole 100,000 -
Hewlett-Packard Co Commo COM 428236103 5,551 125,574 SH Sole 125,574 -
Highland Credit Strategi COM 43005Q107 8,299 620,221 SH Sole 620,221 -
Highwoods Properties Inc COM 431284108 102,509 3,262,546 SH Sole 3,178,842 83,704
Home Depot Inc COM 437076102 1,283 54,800 SH Sole 54,800 -
Home Properties Inc Comm COM 437306103 161,532 3,361,029 SH Sole 3,328,864 32,165
Hospitality Properties T COM 44106M102 50,136 2,049,700 SH Sole 2,049,700 -
Host Hotels & Resorts Co COM 44107P104 324,275 23,756,371 SH Sole 21,579,354 2,177,017
HSBC Holdings PLC ADR COM 404280406 7,915 103,200 SH Sole 103,200 -
ING Asia Pacific High Di COM 44983J107 418 22,100 SH Sole 22,100 -
ING Clarion Global Real COM 44982G104 6,053 456,113 SH Sole 456,113 -
ING Global Advntge & Pre COM 44982N109 5,548 338,300 SH Sole 338,300 -
ING Global Eqty Div & Pr COM 45684E107 3,274 206,844 SH Sole 206,844 -
ING Risk Managed Natural COM 449810100 7,440 433,831 SH Sole 433,831 -
Inland Real Estate Corp COM 457461200 47,816 3,315,974 SH Sole 3,315,974 -
Intel Corp Common COM 458140100 13,331 620,636 SH Sole 620,636 -
International Business M COM 459200101 15,703 132,483 SH Sole 132,483 -
International Paper Co C COM 460146103 2,577 110,600 SH Sole 110,600 -
ITC Holdings Corp Common COM 465685105 14,081 275,500 SH Sole 275,500 -
John Han Bk & Thrift Opp COM 409735107 1,445 316,960 SH Sole 316,960 -
John Hancock Preferred I COM 41013W108 500 26,400 SH Sole 26,400 -
John Hancock Preferred I COM 41013X106 802 42,900 SH Sole 42,900 -
John Hancock Preferred I COM 41021P103 168 10,100 SH Sole 10,100 -
John Hancock T/A Dvd Inc COM 41013V100 7,369 503,000 SH Sole 503,000 -
Johnson & Johnson Common COM 478160104 24,333 378,186 SH Sole 378,186 -
Johnson Controls Common COM 478366107 1,113 38,800 SH Sole 38,800 -
JPMorgan Chase Common COM 46625H100 13,901 405,139 SH Sole 405,139 -
Kayne Anderson Energy To COM 48660P104 2,516 86,232 SH Sole 86,232 -
Kilroy Realty Corp Commo COM 49427F108 65,238 1,387,172 SH Sole 1,217,609 169,563
Kimberly-Clark Corp Comm COM 494368103 2,828 47,300 SH Sole 47,300 -
Kimco Realty Corp Common COM 49446R109 403,442 1,707,174 SH Sole 1,474,787 222,397
Kinder Morgan Energy Par COM 494550106 21,434 384,592 SH Sole 384,592 -
Korea Electric Power Cor COM 500631106 294 20,200 SH Sole 20,200 -
Korea Equity Fund CEF COM 50063B104 374 35,800 SH Sole 35,800 -
Kraft Foods Inc Common COM 50075N104 3,247 114,126 SH Sole 114,126 -
L-3 Communications Holdi COM 502424104 10,714 117,900 SH Sole 117,900 -
LaSalle Hotel Properties COM 517942108 72,785 2,896,254 SH Sole 2,547,418 348,836
Liberty All Star Equity COM 530158104 3,633 618,986 SH Sole 618,986 -
Liberty All-Star Growth COM 529900102 1,481 317,900 SH Sole 317,900 -
Liberty Property Trust C COM 531172104 284,404 8,579,363 SH Sole 8,147,875 431,488
LMP Cap & Inc CEF CEF COM 50208A102 9,045 585,459 SH Sole 585,459 -
Lockheed Martin Corp Com COM 539830109 19,969 202,400 SH Sole 202,400 -
Macerich Co/The Common COM 554382101 645,103 10,383,112 SH Sole 9,294,521 1,088,591
Mack-Cali Realty Corp Co COM 554489104 243,161 7,116,205 SH Sole 6,812,223 303,982
Magellan Midstream Partn COM 559080106 11,634 326,900 SH Sole 326,900 -
Maguire Properties Inc C COM 559775101 60,849 4,999,873 SH Sole 4,617,843 382,030
Marathon Oil Corp Common COM 565849106 19,083 367,900 SH Sole 367,900 -
Markwest Energy Partners COM 570759100 15,556 435,739 SH Sole 435,739 -
Marshall & Ilsley Corp C COM 571837103 3,051 199,000 SH Sole 199,000 -
Mattel Inc Common COM 577081102 6,904 403,300 SH Sole 403,300 -
McDonald's Corp Common COM 580135101 19,043 338,739 SH Sole 338,739 -
Medtronic Common COM 585055106 27,672 534,725 SH Sole 534,725 -
Merck and Co Inc Common COM 589331107 4,430 117,529 SH Sole 117,529 -
Merrill Lynch Debt Strat COM 09255R103 446 83,300 SH Sole 83,300 -
Metlife Inc Common COM 59156R108 9,937 188,300 SH Sole 188,300 -
MFS Intermediate Income COM 55273C107 1,531 245,300 SH Sole 245,300 -
MFS Mutimarket Inc. Trus COM 552737108 2,037 357,300 SH Sole 357,300 -
Microchip Technology Inc COM 595017104 16,729 547,748 SH Sole 547,748 -
Microsoft Common COM 594918104 24,019 873,080 SH Sole 873,080 -
Mid-America Apartment Co COM 59522J103 66,046 1,294,000 SH Sole 1,294,000 -
Mission West Properties COM 605203108 18,779 1,713,476 SH Sole 1,713,476 -
MLP & Strategic Equity F COM 55312N106 3,361 238,203 SH Sole 238,203 -
Monsanto Co Common COM 61166W101 5,416 42,834 SH Sole 42,834 -
Morgan Stanley Common COM 617446448 8,087 224,200 SH Sole 224,200 -
MS Emerging Mkts Domesti COM 617477104 2,972 195,000 SH Sole 195,000 -
Nasdaq Premium Income & COM 63110R105 7,604 482,500 SH Sole 482,500 -
National Retail Properti COM 637417106 19,525 934,200 SH Sole 934,200 -
Nationwide Health Proper COM 638620104 180,895 5,744,533 SH Sole 5,720,133 24,400
Neuberger Berman Dvd Adv COM 64127J102 2,406 163,700 SH Sole 163,700 -
Neuberger Berman Real Es COM 64190A103 1,680 179,729 SH Sole 179,729 -
Newell Rubbermaid Inc Co COM 651229106 2,255 134,300 SH Sole 134,300 -
NFJ Dvd Interest & Pr St COM 65337H109 10,591 498,400 SH Sole 498,400 -
Nicholas Applegate Eq & COM 65370K100 3,965 200,650 SH Sole 200,650 -
Nicholas-Applegate Conv. COM 65370G109 5,821 504,004 SH Sole 504,004 -
Nicholas-Applegate Conv. COM 65370F101 1,314 110,900 SH Sole 110,900 -
Nike Inc Common COM 654106103 15,942 267,437 SH Sole 267,437 -
Nokia OYJ ADR COM 654902204 6,551 267,400 SH Sole 267,400 -
Nordstrom Inc Common COM 655664100 6,243 206,040 SH Sole 206,040 -
Norfolk Southern Corpora COM 655844108 4,236 67,600 SH Sole 67,600 -
Northeast Utilities Comm COM 664397106 17,420 682,345 SH Sole 682,345 -
NRG Energy Common COM 629377508 556 12,966 SH Sole 12,966 -
NSTAR Common COM 67019E107 23,776 703,013 SH Sole 703,013 -
Nuveen Diversified Divid COM 6706EP105 3,834 318,428 SH Sole 318,428 -
Nuveen Equity Premium Ad COM 6706ET107 3,147 205,000 SH Sole 205,000 -
Nuveen Floating Rate Inc COM 6706EN100 544 51,200 SH Sole 51,200 -
Nuveen Global Value Oppt COM 6706EH103 1,895 104,100 SH Sole 104,100 -
Nuveen Real Estate Incom COM 67071B108 2,985 201,688 SH Sole 201,688 -
Nuveen Tax-Adv Tot Ret S COM 67090H102 1,454 89,500 SH Sole 89,500 -
OGE Energy Corp Common COM 670837103 21,172 667,700 SH Sole 667,700 -
Omega Healthcare Investo COM 681936100 121,839 7,317,649 SH Sole 7,109,109 208,540
Paccar Inc Common COM 693718108 4,198 100,350 SH Sole 100,350 -
Parkway Properties Inc/M COM 70159Q104 36,825 1,091,773 SH Sole 1,069,673 22,100
Pepco Holdings Inc Commo COM 713291102 63,691 2,483,100 SH Sole 2,483,100 -
PepsiCo, Inc. COM 713448108 7,835 123,210 SH Sole 123,210 -
Petro-Canada Common COM 71644E102 8,095 145,200 SH Sole 145,200 -
Pfizer Inc Common COM 717081103 11,611 664,659 SH Sole 664,659 -
PG&E Corp Common COM 69331C108 62,455 1,573,562 SH Sole 1,573,562 -
Philip Morris Internatio COM 718172109 8,406 170,208 SH Sole 170,208 -
Pinnacle West Capital Co COM 723484101 23,696 770,100 SH Sole 770,100 -
Pioneer Diversified High COM 723653101 296 15,300 SH Sole 15,300 -
Pioneer Floating Rate Tr COM 72369J102 390 28,300 SH Sole 28,300 -
Pitney Bowes Inc Common COM 724479100 2,922 85,700 SH Sole 85,700 -
Plum Creek Timber co Com COM 729251108 182,413 4,271,005 SH Sole 4,114,553 156,452
PNC Financial Services G COM 693475105 2,855 50,000 SH Sole 50,000 -
Post Properties Inc Comm COM 737464107 17,001 571,448 SH Sole 499,148 72,300
PPG Industries Inc Commo COM 693506107 1,365 23,800 SH Sole 23,800 -
PPL Corp Common COM 69351T106 63,721 1,219,072 SH Sole 1,219,072 -
Preferred & Corp. Inc. S COM 09255J101 414 27,100 SH Sole 27,100 -
Procter & Gamble Co Comm COM 742718109 26,135 429,776 SH Sole 429,776 -
Progress Energy Inc Comm COM 743263105 10,819 258,650 SH Sole 258,650 -
Prologis Common COM 743410102 338,273 6,223,976 SH Sole 5,512,773 711,203
Prudential PLC 6.52% (PU PFD G7293H189 1,850 100,000 SH Sole 100,000 -
PS Business Parks Inc Co COM 69360J107 87,043 1,686,851 SH Sole 1,492,216 194,635
Public Service Enterpris COM 744573106 130,586 2,843,130 SH Sole 2,843,130 -
Public Storage Inc Commo COM 74460D109 412,495 5,105,776 SH Sole 4,539,277 566,499
Public Storage Inc Serie COM 74460D729 21,448 826,200 SH Sole 802,400 23,800
Putnam Premier Income Fu COM 746853100 1,812 300,900 SH Sole 300,900 -
Qualcomm Inc COM COM 747525103 6,842 154,200 SH Sole 154,200 -
Questar Corp Common COM 748356102 945 13,300 SH Sole 13,300 -
Ramco-Gershenson Propert COM 751452202 16,130 785,300 SH Sole 785,300 -
Rayonier Inc Common COM 754907103 50,838 1,197,325 SH Sole 1,153,857 43,468
Reaves Utility Inc CEF COM 756158101 1,976 87,800 SH Sole 87,800 -
Regency Centers Corp Com COM 758849103 281,600 4,763,200 SH Sole 4,304,556 458,644
Royal Bank of Scotland 6 PFD 780097754 36 1,900 SH Sole 1,900 -
Royal Bank of Scotland G PFD 780097739 1,933 103,798 SH Sole 102,298 1,500
Royal Bank of Scotland G PFD 780097713 5,172 252,902 SH Sole 251,872 1,030
Royal Bank of Scotland P PFD 780097770 2,358 130,700 SH Sole 130,700 -
RR Donnelley & Sons Co C COM 257867101 1,482 49,900 SH Sole 49,900 -
S & P Covered Call Fund COM 78381P109 1,688 113,600 SH Sole 113,600 -
SB Emerging Markets Debt COM 95766A101 1,269 73,400 SH Sole 73,400 -
SBA Communications Corp COM 78388J106 1,797 49,900 SH Sole 49,900 -
SCANA Corp Common COM 80589M102 4,296 116,100 SH Sole 116,100 -
Schlumberger LTD Common COM 806857108 23,096 214,998 SH Sole 214,998 -
SemGroup Energy Partners COM 81662W108 4,282 169,000 SH Sole 169,000 -
Sempra Energy Common COM 816851109 63,295 1,121,251 SH Sole 1,121,251 -
Senior Housing Prop Trus COM 81721M109 114,471 5,861,218 SH Sole 5,728,918 132,300
Simon Property Group Inc COM 828806109 749,994 8,343,472 SH Sole 6,675,189 1,668,283
SL Green Realty Corp Com COM 78440X101 382,108 4,619,283 SH Sole 4,325,862 293,421
Small Cap Prem & Div Inc COM 83165P101 1,705 116,000 SH Sole 116,000 -
Sonoco Products Common COM 835495102 3,210 103,700 SH Sole 103,700 -
Southern Union Co Common COM 844030106 535 19,797 SH Sole 19,797 -
Sovran Self Storage Inc COM 84610H108 107,355 2,583,110 SH Sole 2,506,410 76,700
Spectra Energy Corp Comm COM 847560109 64,566 2,246,555 SH Sole 2,246,555 -
Starwood Hotels & Resort COM 85590A401 109,166 2,724,396 SH Sole 2,435,545 288,851
Strategic Hotel Capital COM 86272T106 78,303 8,356,738 SH Sole 7,890,234 466,504
Sunamerica Focused Alpha COM 867037103 7,810 498,100 SH Sole 498,100 -
Sunstone Hotel Investors COM 867892101 59,009 3,554,675 SH Sole 3,185,998 368,677
SunTrust Banks Common COM 867914103 2,630 72,600 SH Sole 72,600 -
Swiss Helvetia Fund CEF COM 870875101 853 56,200 SH Sole 56,200 -
Sysco Corp Common COM 871829107 1,488 54,100 SH Sole 54,100 -
Targa Resources Partners COM 87611X105 8,920 387,000 SH Sole 387,000 -
Taubman Centers Inc Comm COM 876664103 78,075 1,604,844 SH Sole 1,267,425 337,419
TCF Financial Corp Commo COM 872275102 2,633 218,900 SH Sole 218,900 -
Teco Energy Common COM 872375100 6,832 317,900 SH Sole 317,900 -
Teekay LNG Partners LP C PRTNRS Y8564M105 4,732 179,700 SH Sole 179,700 -
Teekay Offshore Partners PRTNRS Y8565J101 4,106 207,900 SH Sole 207,900 -
Teva Pharmaceutical ADR COM 881624209 15,535 339,184 SH Sole 339,184 -
Texas Instruments Inc Co COM 882508104 2,337 83,000 SH Sole 83,000 -
The Hershey Company Comm COM 427866108 1,337 40,800 SH Sole 40,800 -
The Southern Co Common COM 842587107 126,739 3,629,400 SH Sole 3,629,400 -
Thomas Properties Group COM 884453101 906 92,024 SH Sole 92,024 -
Total SA Spon ADR COM 89151E109 2,852 33,450 SH Sole 33,450 -
Transocean Inc COM G90073100 12,677 83,196 SH Sole 83,196 -
UDR INC Common COM 902653104 212,127 9,478,300 SH Sole 8,954,981 523,319
United Parcel Service In COM 911312106 10,650 173,260 SH Sole 173,260 -
United Technologies Corp COM 913017109 6,668 108,073 SH Sole 108,073 -
Urstadt Biddle Propertie COM 917286205 24,026 1,638,877 SH Sole 1,583,477 55,400
US Bancorp Common COM 902973304 15,406 552,400 SH Sole 552,400 -
U-Store-It Trust Common COM 91274F104 43,001 3,598,487 SH Sole 3,186,544 411,943
Valero Energy Corp Commo COM 91913Y100 1,178 28,600 SH Sole 28,600 -
Vectren Corp Common COM 92240G101 13,454 431,067 SH Sole 431,067 -
Ventas Inc Common COM 92276F100 447,749 10,517,967 SH Sole 9,975,947 542,020
Verizon Communications I COM 92343V104 17,905 505,786 SH Sole 505,786 -
VF Corp Common COM 918204108 1,409 19,800 SH Sole 19,800 -
Vornado Realty Trust Com COM 929042109 618,957 7,033,603 SH Sole 6,576,378 457,225
Wachovia Corp Common COM 929903102 2,421 155,870 SH Sole 155,870 -
Wal-Mart Stores Inc COM 931142103 6,767 120,400 SH Sole 120,400 -
Washington Real Estate I COM 939653101 13,854 461,044 SH Sole 461,044 -
Weingarten Realty Invest COM 948741103 239 7,895 SH Sole 7,895 -
Wells Fargo & Co Common COM 949746101 18,043 759,687 SH Sole 759,687 -
Western Asset Emerging M COM 95766E103 1,546 125,300 SH Sole 125,300 -
Western Asset Gl High In COM 95766B109 1,182 106,800 SH Sole 106,800 -
Western Asset High Incom COM 95766J102 3,606 377,574 SH Sole 377,574 -
Western Asset Managed In COM 95766K109 2,853 505,800 SH Sole 505,800 -
Western Asset Opportunit COM 95766L107 2,958 518,087 SH Sole 518,087 -
Western Asset Premier Bo COM 957664105 195 15,900 SH Sole 15,900 -
Western Asset Worldwide COM 957668106 558 43,000 SH Sole 43,000 -
Western Asset/Claymore I COM 95766R104 3,134 255,376 SH Sole 255,376 -
Weyerhaeuser Co Common COM 962166104 2,470 48,300 SH Sole 48,300 -
WGL Holdings Inc Common COM 92924F106 3,318 95,500 SH Sole 95,500 -
Williams Cos Inc Common COM 969457100 2,295 56,928 SH Sole 56,928 -
Williams Partners LP Com PRTNRS 96950F104 10,131 308,400 SH Sole 308,400 -
Wilmington Trust Corp Co COM 971807102 2,702 102,200 SH Sole 102,200 -
Wisconsin Energy Group C COM 976657106 1,114 24,628 SH Sole 24,628 -
Worthington Industries C COM 981811102 3,305 161,200 SH Sole 161,200 -
Xcel Energy Inc Common COM 98389B100 39,499 1,968,034 SH Sole 1,968,034 -
Zweig Fund Inc CEF COM 989834106 783 169,500 SH Sole 169,500 -
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377 Data Records
16.561,494 Value Total
01 Other Manager on whose behalf report is filed