# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0000035402-26-004077
**Filing Date:** 2026-6
**Character Count:** 52097
**Document Hash:** 04e0c5b26569f3202a4b3bcc0fc95fda
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-004077.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000035402-26-004077

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SELECT PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000320351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03114
- **FILM NUMBER:** 261127041

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity International Real Estate Fund (Series ID: S000039314)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000121125 | Fidelity Advisor International Real Estate Fund: Class A | FIRAX           |
| C000121127 | Fidelity Advisor International Real Estate Fund: Class C | FIRCX           |
| C000121128 | Fidelity Advisor International Real Estate Fund: Class M | FIRTX           |
| C000121129 | Fidelity International Real Estate Fund                  | FIREX           |
| C000121130 | Fidelity Advisor International Real Estate Fund: Class I | FIRIX           |
| C000205046 | Fidelity Advisor International Real Estate Fund: Class Z | FIKLX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® International Real Estate Fund**

**April 30, 2026**

IRE-NPRT3-0626

1.815812.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 96.5%** | &nbsp;&nbsp;**Common Stocks - 96.5%** | &nbsp;&nbsp;**Common Stocks - 96.5%** |
|  | Shares | Value ($)<br>|
| AUSTRALIA - 14.3%  |  |  |
| Real Estate - 14.3% |  |  |
| Diversified REITs - 1.8% |  |  |
| Stockland unit  | 2104964 | 6173222 |
| Industrial REITs - 3.5% |  |  |
| Goodman Group unit  | 555424 | 12033674 |
| Real Estate Management & Development - 0.8% |  |  |
| Gemlife Communities Group unit  | 784354 | 2646841 |
| Residential REITs - 2.7% |  |  |
| Ingenia Communities Group unit  | 3214822 | 9317101 |
| Retail REITs - 3.0% |  |  |
| Charter Hall Retail REIT  | 3597655 | 10207967 |
| Specialized REITs - 2.5% |  |  |
| Abacus Storage King unit  | 1994914 | 2049932 |
| Arena REIT unit  | 2710834 | 6496483 |
|  |  | 8546415 |
| TOTAL AUSTRALIA |  | 48925220 |
| BELGIUM - 4.3%  |  |  |
| Real Estate - 4.3% |  |  |
| Industrial REITs - 2.9% |  |  |
| Montea NV  | 27561 | 2277227 |
| Warehouses De Pauw CVA  | 275750 | 7249401 |
| Warehouses De Pauw CVA rights (b)(e) | 275750 | 398070 |
|  |  | 9924698 |
| Real Estate Management & Development - 1.4% |  |  |
| Inclusio SA  | 224158 | 4656570 |
| Residential REITs - 0.0% |  |  |
| Xior Student Housing NV rights (b)(e) | 108842 | 63730 |
| TOTAL BELGIUM |  | 14644998 |
| BRAZIL - 0.8%  |  |  |
| Real Estate - 0.8% |  |  |
| Real Estate Management & Development - 0.8% |  |  |
| LOG Commercial Properties e Participacoes SA  | 514133 | 2764926 |
| CANADA - 2.3%  |  |  |
| Health Care - 1.5% |  |  |
| Health Care Providers & Services - 1.5% |  |  |
| Chartwell Retirement Residences (a) | 164700 | 2611726 |
| Sienna Senior Living Inc (a) | 155200 | 2673597 |
| TOTAL HEALTH CARE |  | 5285323 |
| Real Estate - 0.8% |  |  |
| Residential REITs - 0.8% |  |  |
| Killam Apartment Real Estate Investment Trust (a) | 218700 | 2741900 |
| TOTAL CANADA |  | 8027223 |
| FINLAND - 1.2%  |  |  |
| Real Estate - 1.2% |  |  |
| Real Estate Management & Development - 1.2% |  |  |
| Cityvarasto Oyj  | 222793 | 4170622 |
| FRANCE - 5.2%  |  |  |
| Real Estate - 5.2% |  |  |
| Industrial REITs - 1.7% |  |  |
| ARGAN SA  | 78904 | 5676728 |
| Retail REITs - 3.5% |  |  |
| Carmila SA  | 12269 | 244503 |
| Mercialys SA  | 173300 | 2534284 |
| Unibail-Rodamco-Westfield unit  | 76500 | 9256754 |
|  |  | 12035541 |
| TOTAL FRANCE |  | 17712269 |
| GERMANY - 5.9%  |  |  |
| Real Estate - 5.9% |  |  |
| Real Estate Management & Development - 5.9% |  |  |
| Instone Real Estate Group SE (c)(d) | 473076 | 4897090 |
| LEG Immobilien SE  | 152401 | 10669323 |
| TAG Immobilien AG (a) | 258332 | 4496328 |
| TOTAL GERMANY |  | 20062741 |
| GREECE - 0.3%  |  |  |
| Real Estate - 0.3% |  |  |
| Retail REITs - 0.3% |  |  |
| Trade Estates Real Estate Investment SA  | 412089 | 964395 |
| HONG KONG - 8.9%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Hotels, Restaurants & Leisure - 0.1% |  |  |
| Magnificent Hotel Investment Ltd (b) | 51423000 | 447613 |
| Information Technology - 0.3% |  |  |
| IT Services - 0.3% |  |  |
| SUNeVision Holdings Ltd (a) | 1324000 | 1042218 |
| Real Estate - 8.5% |  |  |
| Real Estate Management & Development - 6.9% |  |  |
| CK Asset Holdings Ltd  | 288000 | 1814186 |
| Great Eagle Holdings Ltd  | 785541 | 1789019 |
| Sun Hung Kai Properties Ltd  | 766000 | 13410427 |
| TAI Cheung Holdings Ltd  | 11037116 | 5594617 |
| Wing Tai Properties Ltd  | 3448000 | 976699 |
|  |  | 23584948 |
| Retail REITs - 1.6% |  |  |
| Link REIT  | 1089400 | 5485449 |
| TOTAL REAL ESTATE |  | 29070397 |
| TOTAL HONG KONG |  | 30560228 |
| IRELAND - 3.7%  |  |  |
| Consumer Discretionary - 2.3% |  |  |
| Household Durables - 2.3% |  |  |
| Cairn Homes PLC (Ireland)  | 1886100 | 4825694 |
| Glenveagh Properties PLC (b)(c)(d) | 1228959 | 3043396 |
| TOTAL CONSUMER DISCRETIONARY |  | 7869090 |
| Real Estate - 1.4% |  |  |
| Residential REITs - 1.4% |  |  |
| Irish Residential Properties Reit PLC  | 3811400 | 4795324 |
| TOTAL IRELAND |  | 12664414 |
| ITALY - 0.1%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Infrastrutture Wireless Italiane SpA (a)(c)(d) | 49700 | 421437 |
| JAPAN - 21.4%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Household Durables - 0.1% |  |  |
| Ki-Star Real Estate Co Ltd  | 24000 | 486557 |
| Real Estate - 21.3% |  |  |
| Health Care REITs - 2.7% |  |  |
| Health Care & Medical Investment Corp  | 12587 | 9288777 |
| Industrial REITs - 2.1% |  |  |
| Japan Logistics Fund Inc  | 6000 | 3654513 |
| Mitsubishi Estate Logistics REIT Investment Corp  | 2000 | 1553620 |
| Mitsui Fudosan Logistics Park Inc  | 3000 | 2153047 |
|  |  | 7361180 |
| Real Estate Management & Development - 12.5% |  |  |
| Hulic Co Ltd  | 765100 | 8629165 |
| JINUSHI Co Ltd  | 44700 | 964511 |
| Kasumigaseki Capital Co Ltd (a) | 12500 | 519555 |
| Katitas Co Ltd  | 183200 | 3657149 |
| Nomura Real Estate Holdings Inc  | 983700 | 6417907 |
| Star Mica Holdings Co Ltd  | 47900 | 502364 |
| Starts Corp Inc  | 84400 | 2576807 |
| Tokyo Tatemono Co Ltd  | 577100 | 13279521 |
| Tosei Corp  | 588300 | 6112406 |
|  |  | 42659385 |
| Residential REITs - 4.0% |  |  |
| Advance Residence Investment Corp  | 10000 | 10337264 |
| Comforia Residential REIT Inc  | 4500 | 3165201 |
|  |  | 13502465 |
| TOTAL REAL ESTATE |  | 72811807 |
| TOTAL JAPAN |  | 73298364 |
| MEXICO - 0.5%  |  |  |
| Real Estate - 0.5% |  |  |
| Real Estate Management & Development - 0.5% |  |  |
| Corp Inmobiliaria Vesta SAB de CV  | 513800 | 1828897 |
| NETHERLANDS - 1.0%  |  |  |
| Real Estate - 1.0% |  |  |
| Real Estate Management & Development - 1.0% |  |  |
| CTP NV (c)(d) | 182250 | 3439475 |
| NEW ZEALAND - 0.9%  |  |  |
| Health Care - 0.5% |  |  |
| Health Care Providers & Services - 0.5% |  |  |
| Ryman Healthcare Ltd (b) | 1310311 | 1648009 |
| Industrials - 0.3% |  |  |
| Transportation Infrastructure - 0.3% |  |  |
| Auckland International Airport Ltd  | 187834 | 922768 |
| Real Estate - 0.1% |  |  |
| Diversified REITs - 0.1% |  |  |
| Stride Property Group unit  | 740632 | 486762 |
| TOTAL NEW ZEALAND |  | 3057539 |
| SINGAPORE - 8.7%  |  |  |
| Real Estate - 8.7% |  |  |
| Health Care REITs - 3.0% |  |  |
| Parkway Life Real Estate Investment Trust  | 3253600 | 10294794 |
| Real Estate Management & Development - 5.7% |  |  |
| Singapore Land Group Ltd  | 873595 | 2569794 |
| Wing Tai Holdings Ltd  | 13266222 | 16826593 |
|  |  | 19396387 |
| TOTAL SINGAPORE |  | 29691181 |
| SPAIN - 1.5%  |  |  |
| Communication Services - 0.7% |  |  |
| Diversified Telecommunication Services - 0.7% |  |  |
| Cellnex Telecom SA (c)(d) | 74900 | 2521331 |
| Consumer Discretionary - 0.7% |  |  |
| Household Durables - 0.7% |  |  |
| Neinor Homes SA (c)(d) | 124343 | 2428361 |
| Real Estate - 0.1% |  |  |
| Real Estate Management & Development - 0.1% |  |  |
| Inmobiliaria del Sur SA  | 18027 | 341692 |
| TOTAL SPAIN |  | 5291384 |
| SWEDEN - 4.0%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Hotels, Restaurants & Leisure - 0.2% |  |  |
| SkiStar AB B Shares  | 47500 | 820070 |
| Real Estate - 3.8% |  |  |
| Real Estate Management & Development - 3.8% |  |  |
| Catena AB  | 39580 | 1864807 |
| Heba Fastighets AB B Shares  | 569847 | 1570779 |
| Intea Fastigheter AB B Shares  | 288300 | 2301341 |
| John Mattson Fastighetsforetagen AB  | 155100 | 989455 |
| Logistea AB B Shares  | 1778500 | 2696813 |
| Stendorren Fastigheter AB B Shares (a)(b) | 170536 | 3450340 |
| TOTAL REAL ESTATE |  | 12873535 |
| TOTAL SWEDEN |  | 13693605 |
| SWITZERLAND - 1.2%  |  |  |
| Industrials - 0.4% |  |  |
| Ground Transportation - 0.4% |  |  |
| Jungfraubahn Holding AG  | 4360 | 1523363 |
| Real Estate - 0.8% |  |  |
| Real Estate Management & Development - 0.8% |  |  |
| PSP Swiss Property AG  | 12540 | 2505272 |
| TOTAL SWITZERLAND |  | 4028635 |
| UNITED KINGDOM - 10.3%  |  |  |
| Consumer Discretionary - 1.3% |  |  |
| Household Durables - 1.3% |  |  |
| Bellway PLC  | 84806 | 2200673 |
| Persimmon PLC  | 164400 | 2364586 |
| TOTAL CONSUMER DISCRETIONARY |  | 4565259 |
| Real Estate - 9.0% |  |  |
| Health Care REITs - 2.6% |  |  |
| Primary Health Properties PLC  | 3273153 | 4159982 |
| Target Healthcare REIT PLC  | 3352600 | 4762781 |
|  |  | 8922763 |
| Industrial REITs - 1.9% |  |  |
| LondonMetric Property PLC  | 1829526 | 4715165 |
| Segro PLC  | 180400 | 1706081 |
|  |  | 6421246 |
| Real Estate Management & Development - 0.9% |  |  |
| Harworth Group PLC  | 1624446 | 2944339 |
| Residential REITs - 0.7% |  |  |
| Grainger PLC  | 1147225 | 2502422 |
| Specialized REITs - 2.9% |  |  |
| Big Yellow Group PLC (The)  | 383500 | 4707066 |
| Safestore Holdings PLC  | 581914 | 5293447 |
|  |  | 10000513 |
| TOTAL REAL ESTATE |  | 30791283 |
| TOTAL UNITED KINGDOM |  | 35356542 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $311,125,979) |  | <br> **330604095** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 5.1%** | &nbsp;&nbsp;**Money Market Funds - 5.1%** | &nbsp;&nbsp;**Money Market Funds - 5.1%** | &nbsp;&nbsp;**Money Market Funds - 5.1%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (f) | 3.69 | 10659745 | 10661877 |
| Fidelity Securities Lending Cash Central Fund (f)(g) | 3.69 | 6919728 | 6920420 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $17,582,297) |  |  | **17582297** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 101.6%**<br> (Cost $328,708,276)<br>| <br>**348186392** |
| **NET OTHER ASSETS (LIABILITIES) - (1.6)%**  | **(5351802)** |
| **NET ASSETS - 100.0%** | **342834590** |

---

**Legend**

(a) Security or a portion of the security is on loan at period end.

(b) Non-income producing.

(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $16,751,090 or 4.9% of net assets.

(d) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $16,751,090 or 4.9% of net assets.

(e) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(g) Investment made with cash collateral received from securities on loan.

At period end, the value of non-cash collateral for securities on loan amounted to $2,117,932.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 13588431 | 109029735 | 111954116 | 173084 | (2173) | - | 10661877 | 10659745 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 22164753 | 116698653 | 131943247 | 60327 | 261 | - | 6920420 | 6919728 | 0.0% |
| Total | 35753184 | 225728388 | 243897363 | 233411 | (1912) | - | 17582297 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Select Portfolios

- **b. Investment Company Act file number:** 811-03114

- **c. CIK number of Registrant:** 0000320351

- **d. LEI of Registrant:** Z57125JG1LHEQKDYS630

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity International Real Estate Fund

- **b. EDGAR series identifier (if any):** S000039314

- **c. LEI of Series:** PQO8CVTW1FBUXT6K1P39

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $349348922.46

**Total Liabilities:** $6450706.56

**Net Assets:** $342898215.90

**Delayed Delivery Securities:** $461800.50

**Cash Not Reported:** $82598.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000121128 | 5.38%                | -12.06%              | 4.20%                |
| Class ID C000205046 | 5.48%                | -12.03%              | 4.23%                |
| Class ID C000121130 | 5.46%                | -12.09%              | 4.22%                |
| Class ID C000121127 | 5.40%                | -12.13%              | 4.19%                |
| Class ID C000121125 | 5.43%                | -12.05%              | 4.17%                |
| Class ID C000121129 | 5.43%                | -12.03%              | 4.20%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4328090.78              | $14936899.49                               |
| Month 2  | $-941520.55              | $-45539712.54                              |
| Month 3  | $-279763.26              | $13745073.62                               |

### Schedule of Portfolio Investments

| Name                                                    | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CARMILA SA                                              | CARMILA                                                 | CUSIP: N/A<br>LEI: 222100P6D3QKU33LZQ72       | Long             | EC               | CORP              | FR        |     12269 | NS      | $244503.71    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HARWORTH GROUP PLC                                      | HARWORTH GROUP PLC                                      | CUSIP: N/A<br>LEI: 213800R8JSSGK2KPFG21       | Long             | EC               | CORP              | GB        |   1624446 | NS      | $2944339.23   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKWAY LIFE REAL ESTATE INVESTMENT TRUST               | PARKWAY LIFE REA EST INV TRUST                          | CUSIP: N/A<br>LEI: 549300I4DKVD2OF5LW91       | Long             | EC               | CORP              | SG        |   3253600 | NS      | $10294794.03  | 3.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BELLWAY PLC                                             | BELLWAY PLC                                             | CUSIP: N/A<br>LEI: 213800CY4L3HST4FGZ98       | Long             | EC               | CORP              | GB        |     84806 | NS      | $2200673.50   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| STAR MICA HOLDINGS CO LTD                               | STAR MICA HOLDINGS CO LTD                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     47900 | NS      | $502363.62    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| WING TAI PROPERTIES LTD                                 | WING TAI PROPERTIES LTD                                 | CUSIP: N/A<br>LEI: 5299002ICXRUDJG20N51       | Long             | EC               | CORP              | BM        |   3448000 | NS      | $976699.58    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                                  | WAREHOUSES DE PAUW SCA                                  | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    275750 | NS      | $7249401.34   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INGENIA COMMUNITIES                                     | INGENIA COMMUNITIES GROUP (STPLD)                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   3214822 | NS      | $9317100.72   | 2.72%             |  |  |  | No            |                  2 | On Loan: No      |
| STRIDE STAPLED GROUP                                    | STRIDE STAPLED GROUP STPLD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |    740632 | NS      | $486762.21    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| KILLAM APARTMENT REAL ESTATE INVESTMENT TRUST           | KILLAM APARTMENT REAL ESTATE INVESTMENT TRUST           | CUSIP: 49410M102<br>LEI: 2549001RZSL75H60JE41 | Long             | EC               | CORP              | CA        |    218700 | NS      | $2741900.84   | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| KASUMIGASEKI CAPITAL CO LTD                             | KASUMIGASEKI CAPITAL CO LTD                             | CUSIP: N/A<br>LEI: 353800K2AQIR06QHCT28       | Long             | EC               | CORP              | JP        |     12500 | NS      | $519555.40    | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| PERSIMMON PLC                                           | PERSIMMON PLC ORD                                       | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |    164400 | NS      | $2364586.15   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNIFICENT HOTEL INVESTMENT LTD                        | MAGNIFICENT HOTEL INVESTMENT LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |  51423000 | NS      | $447613.17    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| INSTONE REAL ESTATE GROUP SE                            | INSTONE REAL ESTATE GROUP                               | CUSIP: N/A<br>LEI: 391200DINUIRPDZQHX03       | Long             | EC               | CORP              | DE        |    473076 | NS      | $4897090.22   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TOKYO TATEMONO CO LTD                                   | TOKYO TATEMONO CO                                       | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    577100 | NS      | $13279520.61  | 3.87%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPORACION INMOBILIARIA VESTA SAB. DE CV.              | CORPORACION INMO VESTA SAB CV                           | CUSIP: N/A<br>LEI: 4469000001BIRIFZJ959       | Long             | EC               | CORP              | MX        |    513800 | NS      | $1828896.81   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER HALL RETAIL REIT                                | CHARTER HALL RETAIL REIT                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   3597655 | NS      | $10207967.43  | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNEVISION HOLDINGS LTD                                 | SUNEVISION HOLDINGS LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   1324000 | NS      | $1042217.99   | 0.30%             |  |  |  | No            |                  2 | On Loan: —       |
| JAPAN LOGISTICS FUND INC                                | JAPAN LOGISTICS FUND INC                                | CUSIP: N/A<br>LEI: 3538004KZWISCQO70151       | Long             | EC               | CORP              | JP        |      6000 | NS      | $3654512.68   | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| HULIC CO LTD                                            | HULIC CO LTD                                            | CUSIP: N/A<br>LEI: 3538002E12E7IHAKTB10       | Long             | EC               | CORP              | JP        |    765100 | NS      | $8629165.01   | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| INFRASTRUTTURE WIRELESS ITALIANE SPA                    | INFRASTRUTTURE WIRELESS ITALIANE SPA                    | CUSIP: N/A<br>LEI: 81560066183FE361C071       | Long             | EC               | CORP              | IT        |     49700 | NS      | $421437.18    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| MITSUBISHI ESTATE LOGISTICS REIT INVESTMENT CORPORATION | MITSUBISHI ESTATE LOGISTICS REIT INVESTMENT CORPORATION | CUSIP: N/A<br>LEI: 353800YYSGZU31ICQK38       | Long             | EC               | CORP              | JP        |      2000 | NS      | $1553620.83   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| MONTEA NV                                               | MONTEA NV                                               | CUSIP: N/A<br>LEI: 5493006K5LQDD0GK1T60       | Long             | EC               | CORP              | BE        |     27561 | NS      | $2277226.53   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                                  | WAREHOUSES DE PAUW CVA SCRIP RT 12/31/49                | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    275750 | NS      | $398069.81    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ABACUS STORAGE KING                                     | ABACUS STORAGE KING (STAPLED)                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1994914 | NS      | $2049932.47   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAINGER PLC                                            | GRAINGER PLC                                            | CUSIP: N/A<br>LEI: 2138007CEIRKZMNI2979       | Long             | EC               | CORP              | GB        |   1147225 | NS      | $2502421.53   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KI STAR REAL ESTATE CO LTD                              | KI STAR REAL ESTATE CO LTD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24000 | NS      | $486557.46    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTWELL RETIREMENT RESIDENCES                         | CHARTWELL RETIREMENT RESIDENCES                         | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |    164700 | NS      | $2611725.99   | 0.76%             |  |  |  | No            |                  1 | On Loan: —       |
| KATITAS CO LTD                                          | KATITAS CO LTD                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    183200 | NS      | $3657148.78   | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JOHN MATTSON FASTIGHETSFORETAGEN AB                     | JOHN MATTSON FASTIGHETSFORETAGEN AB                     | CUSIP: N/A<br>LEI: 549300UP4ZA93HCPRZ59       | Long             | EC               | CORP              | SE        |    155100 | NS      | $989454.93    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BIG YELLOW GROUP PLC (THE)                              | BIG YELLOW GROUP PLC                                    | CUSIP: N/A<br>LEI: 213800W7Q4V2ZI8LIW31       | Long             | EC               | CORP              | GB        |    383500 | NS      | $4707065.57   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE LAND GROUP LTD                                | SINGAPORE LAND GROUP LTD                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |    873595 | NS      | $2569793.93   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| SIENNA SENIOR LIVING INC                                | SIENNA SENIOR LIVING INC                                | CUSIP: 82621K102<br>LEI: 549300K3HNLZV4V5LL42 | Long             | EC               | CORP              | CA        |    155200 | NS      | $2673596.64   | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| LONDONMETRIC PROPERITY PLC                              | LONDONMETRIC PROPERITY PLC                              | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |   1829526 | NS      | $4715165.08   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODMAN GROUP                                           | GOODMAN GROUP STAPLED UNIT                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    555424 | NS      | $12033673.53  | 3.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SEGRO PLC                                               | SEGRO PLC                                               | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    180400 | NS      | $1706081.13   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT EAGLE HOLDINGS LTD                                | GREAT EAGLE HOLDINGS LTD                                | CUSIP: N/A<br>LEI: 529900V6LG3TC9XC5S67       | Long             | EC               | CORP              | BM        |    785541 | NS      | $1789018.86   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ADVANCE RESIDENCE INVESTMENT CORP                       | ADVANCE RESID INV CRP NEW REIT                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     10000 | NS      | $10337263.03  | 3.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JUNGFRAUBAHN HOLDING AG                                 | JUNGFRAUBAHN HOLDING AG                                 | CUSIP: N/A<br>LEI: 5067009MCPE99B3E4489       | Long             | EC               | CORP              | CH        |      4360 | NS      | $1523363.41   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CATENA AB                                               | CATENA AB                                               | CUSIP: N/A<br>LEI: 549300EMLM7AH5LDLY65       | Long             | EC               | CORP              | SE        |     39580 | NS      | $1864807.34   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TOSEI CORP                                              | TOSEI CORP                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    588300 | NS      | $6112405.55   | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUI FUDOSAN LOGISTICS PARK INC                       | MITSUI FUDOSAN LOGISTICS PARK INC                       | CUSIP: N/A<br>LEI: 353800DN63EIYS760S59       | Long             | EC               | CORP              | JP        |      3000 | NS      | $2153046.92   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| CELLNEX TELECOM SAU                                     | CELLNEX TELECOM SAU                                     | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |     54100 | NS      | $1821148.04   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA REAL ESTATE HOLDING INC                          | NOMURA REAL ESTATE HOLDING INC                          | CUSIP: N/A<br>LEI: 353800UZ91CT24OL9P59       | Long             | EC               | CORP              | JP        |    983700 | NS      | $6417907.01   | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| TARGET HEALTHCARE REIT PLC                              | TARGET HEALTHCARE REIT PLC                              | CUSIP: N/A<br>LEI: 213800RXPY9WULUSBC04       | Long             | EC               | CORP              | GB        |   3352600 | NS      | $4762780.66   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CITYVARASTO OY                                          | CITYVARASTO OYJ                                         | CUSIP: N/A<br>LEI: 743700C5DUJLBB97FA59       | Long             | EC               | CORP              | FI        |    222793 | NS      | $4170622.03   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| XIOR STUDENT HOUSING NV                                 | XIOR STUDENT HOUSING NV SCRIP RT 31/12/2049             | CUSIP: N/A<br>LEI: 549300JK7HFOCP0U8K85       | Long             | EC               | CORP              | BE        |    108842 | NS      | $63730.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JINUSHI CO LTD                                          | JINUSHI CO LTD                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     44700 | NS      | $964511.33    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| WING TAI HOLDINGS LTD                                   | WING TAI HOLDINGS LTD                                   | CUSIP: N/A<br>LEI: 984500SB157F8C2A6839       | Long             | EC               | CORP              | SG        |  13266222 | NS      | $16826593.31  | 4.91%             |  |  |  | No            |                  2 | On Loan: No      |
| LINK REIT                                               | LINK REAL ESTATE INVESTMENT TR                          | CUSIP: N/A<br>LEI: 529900XUE70U36QX5M62       | Long             | EC               | CORP              | HK        |   1089400 | NS      | $5485448.66   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| AUCKLAND INTERNATIONAL AIRPORT LIMITED                  | AUCKLAND INTL AIRPORT LTD                               | CUSIP: N/A<br>LEI: 549300HFZIZDJWB7AK60       | Long             | EC               | CORP              | NZ        |    187834 | NS      | $922767.77    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| CTP NV                                                  | CTP NV                                                  | CUSIP: N/A<br>LEI: 3157000YTVO4TN65UM14       | Long             | EC               | CORP              | NL        |    182250 | NS      | $3439475.23   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TAG IMMOBILIEN AG                                       | TAG IMMOBILIEN AG                                       | CUSIP: N/A<br>LEI: 529900TAE68USJNXLR59       | Long             | EC               | CORP              | DE        |    258332 | NS      | $4496327.76   | 1.31%             |  |  |  | No            |                  1 | On Loan: —       |
| HEALTH CARE and MEDICAL INVESTMENT CORP                 | HEALTH CARE and MEDICAL INVESTMENT CORP                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     12587 | NS      | $9288777.46   | 2.71%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIMARY HEALTH PROPERTIES PLC                           | PRIMARY HEALTH PROPERTIES PLC                           | CUSIP: N/A<br>LEI: 213800Y5CJHXOATK7X11       | Long             | EC               | CORP              | GB        |   3273153 | NS      | $4159982.70   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| STENDORREN FASTIGHETER AB                               | STENDORREN FASTIGHETER AB                               | CUSIP: N/A<br>LEI: 5493003YS3NSPZJ5WU39       | Long             | EC               | CORP              | SE        |    170536 | NS      | $3450339.80   | 1.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity Revere Street Trust                            | Fidelity Cash Central Fund                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  10659745 | NS      | $10661877.41  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TAI CHEUNG HOLDINGS LTD                                 | TAI CHEUNG HOLDINGS LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |  11037116 | NS      | $5594616.79   | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| CAIRN HOMES PLC                                         | CAIRN HOMES PLC                                         | CUSIP: N/A<br>LEI: 635400DPX6WP2KKDOA83       | Long             | EC               | CORP              | IE        |   1886100 | NS      | $4825694.37   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| IRISH RESIDENTIAL PROPERTIES REIT PLC                   | IRISH RESIDENTIAL PROPERTIES REIT PLC                   | CUSIP: N/A<br>LEI: 635400EOPACLULRENY18       | Long             | EC               | CORP              | IE        |   3811400 | NS      | $4795323.60   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFESTORE HOLDINGS PLC                                  | SAFESTORE HOLDINGS PLC                                  | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |    581914 | NS      | $5293446.88   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LOGISTEA AB                                             | LOGISTEA AB-B                                           | CUSIP: N/A<br>LEI: 549300ZSB0ZCKM1SL747       | Long             | EC               | CORP              | SE        |   1778500 | NS      | $2696812.98   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| PSP SWISS PROPERTY AG                                   | PSP SWISS PROPERTY AG                                   | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |     12540 | NS      | $2505271.65   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN HUNG KAI PROPERTIES LTD                             | SUN HUNG KAI PROPERTIES LTD                             | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    766000 | NS      | $13410426.80  | 3.91%             |  |  |  | No            |                  2 | On Loan: No      |
| LEG IMMOBILIEN GMBH                                     | LEG IMMOBILIEN SE                                       | CUSIP: N/A<br>LEI: 391200SO40AKONBO0Z96       | Long             | EC               | CORP              | DE        |    152401 | NS      | $10669323.15  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ARENA REIT                                              | ARENA REIT (STAPLED)                                    | CUSIP: N/A<br>LEI: 984500FEAC9A1C1FC967       | Long             | EC               | CORP              | AU        |   2710834 | NS      | $6496482.22   | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| INTEA FASTIGHETER AB                                    | INTEA FASTIGHETER AB B                                  | CUSIP: N/A<br>LEI: 549300KD3XGX3754UW61       | Long             | EC               | CORP              | SE        |    288300 | NS      | $2301341.42   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| INCLUSIO SA                                             | INCLUSIO SA                                             | CUSIP: N/A<br>LEI: 967600NU10CMHYJZUH44       | Long             | EC               | CORP              | BE        |    224158 | NS      | $4656569.76   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LOG COMMERCIAL PROPERTIES E PARTICIPACOES SA            | LOG COMMERCIAL PROPERTIES E PARTICIPACOES SA            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    514133 | NS      | $2764926.25   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCIALYS SA                                            | MERCIALYS                                               | CUSIP: N/A<br>LEI: 969500081CGAXB7YS433       | Long             | EC               | CORP              | FR        |    173300 | NS      | $2534283.58   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                            | Fidelity Securities Lending Cash Central Fund           | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   5718816 | NS      | $5719388.20   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| RYMAN HEALTHCARE LTD                                    | RYMAN HEALTHCARE LTD                                    | CUSIP: N/A<br>LEI: 529900UR74KKRFG56I57       | Long             | EC               | CORP              | NZ        |   1310311 | NS      | $1648008.67   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| GLENVEAGH PROPERTIES PLC                                | GLENVEAGH PROPERTIES PLC 144U                           | CUSIP: N/A<br>LEI: 635400QUQ2YYGMOAK834       | Long             | EC               | CORP              | IE        |   1228959 | NS      | $3043395.92   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GEMLIFE COMMUNITIES GROUP                               | GEMLIFE COMMUNITIES GROUP (STAPLED)                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    784354 | NS      | $2646841.50   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| INMOBILIARIA DEL SUR SA                                 | INMOBILIARIA DEL SUR SA                                 | CUSIP: N/A<br>LEI: 959800WGUAJ7RBWZRY77       | Long             | EC               | CORP              | ES        |     18027 | NS      | $341691.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFIELD                               | UNIBAIL-RODAMCO-WESTFIELD (STAPLED)                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     76500 | NS      | $9256753.63   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGAN SA                                                | ARGAN                                                   | CUSIP: N/A<br>LEI: 529900FXM41XSCUSGH04       | Long             | EC               | CORP              | FR        |     78904 | NS      | $5676728.18   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCKLAND                                               | STOCKLAND UNITS (STAPLED)                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   2104964 | NS      | $6173222.56   | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| STARTS CORPORATION INC                                  | STARTS CORP                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     84400 | NS      | $2576806.69   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Comforia Residential REIT                               | Comforia Residential REIT                               | CUSIP: N/A<br>LEI: 353800BJ2SV3UPG9JU05       | Long             | EC               | CORP              | JP        |      4500 | NS      | $3165201.21   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| TRADE ESTATES REAL ESTATE INVESTMENT SA                 | TRADE ESTATES REAL ESTATE INVESTMENT SA                 | CUSIP: N/A<br>LEI: 2138006STLTDFRIZTC42       | Long             | EC               | CORP              | GR        |    412089 | NS      | $964394.63    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SKISTAR AB                                              | SKISTAR AB B                                            | CUSIP: N/A<br>LEI: 529900CD7HSJ1CZS7089       | Long             | EC               | CORP              | SE        |     47500 | NS      | $820069.86    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NEINOR HOMES SLU                                        | NEINOR HOMES SLU                                        | CUSIP: N/A<br>LEI: 959800FW4JL65YWSQ217       | Long             | EC               | CORP              | ES        |    124343 | NS      | $2428361.10   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| HEBA FASTIGHETS AB                                      | HEBA FASTIGHETS AB - B                                  | CUSIP: N/A<br>LEI: 549300B1UZTBDU27UJ88       | Long             | EC               | CORP              | SE        |    569847 | NS      | $1570778.60   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CK ASSET HOLDINGS LTD                                   | CK ASSET HOLDINGS LTD                                   | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    288000 | NS      | $1814185.66   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer