# EDGAR Filing Document

**Accession Number:** 0000881773
**File Stem:** 0000940400-25-002944
**Filing Date:** 2025-9
**Character Count:** 63059
**Document Hash:** 7c54046e9b6c2913702842b2e292b2a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002944.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002944

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Investment Funds V, Inc.
- **CENTRAL INDEX KEY:** 0000881773

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06490
- **FILM NUMBER:** 251350023

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER INVESTMENT FUNDS, INC.
- **DATE OF NAME CHANGE:** 20170522

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 20080401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER INTERNATIONAL FUNDS INC
- **DATE OF NAME CHANGE:** 20020517

## Series and Classes Contracts Data

### BNY Mellon Developed Markets Real Estate Securities Fund (Series ID: S000019790)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000055458 | Class A      | DRLAX           |
| C000055459 | Class C      | DGBCX           |
| C000055460 | Class I      | DRLIX           |
| C000130451 | Class Y      | DRLYX           |

## Nport-Ex

BNY Mellon Developed Markets Real Estate Securities Fund

STATEMENT OF INVESTMENTS

July 31, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks — 99.4%** | **Common Stocks — 99.4%** | **Common Stocks — 99.4%** |
| **Australia — 6.8%** | **Australia — 6.8%** | **Australia — 6.8%** |
| Dexus | 370820 | 1684834 |
| DigiCo Infrastructure REIT | 265460 | 566385 |
| Goodman Group | 365950 | 8273554 |
| Mirvac Group | 1661200 | 2402033 |
| National Storage REIT | 679110 | 1047432 |
| NEXTDC Ltd.<sup>(a),(b)</sup> <br>| 72155 | 672835 |
| Region Group | 889400 | 1337480 |
| Scentre Group | 1080430 | 2603769 |
| The GPT Group | 487540 | 1597919 |
|  |  | **20186241** |
| **Belgium — 1.5%** | **Belgium — 1.5%** | **Belgium — 1.5%** |
| Aedifica SA | 20730 | 1530613 |
| Cofinimmo SA | 9420 | 820771 |
| Warehouses De Pauw, CVA | 83762 | 1961490 |
|  |  | **4312874** |
| **Canada — 2.2%** | **Canada — 2.2%** | **Canada — 2.2%** |
| Allied Properties Real Estate Investment Trust | 42130 | 526017 |
| Chartwell Retirement Residences | 160410 | 2050275 |
| First Capital Real Estate Investment Trust | 66900 | 897568 |
| H&R Real Estate Investment Trust | 78130 | 653527 |
| RioCan Real Estate Investment Trust | 178590 | 2274909 |
|  |  | **6402296** |
| **France — 2.0%** | **France — 2.0%** | **France — 2.0%** |
| Gecina SA | 26380 | 2595039 |
| Klepierre SA | 32300 | 1237047 |
| Unibail-Rodamco-Westfield | 21450 | 2086568 |
|  |  | **5918654** |
| **Germany — 2.7%** | **Germany — 2.7%** | **Germany — 2.7%** |
| LEG Immobilien SE | 36013 | 2866588 |
| Vonovia SE | 167560 | 5216467 |
|  |  | **8083055** |
| **Hong Kong — 3.1%** | **Hong Kong — 3.1%** | **Hong Kong — 3.1%** |
| Hongkong Land Holdings Ltd. | 73100 | 442255 |
| Link REIT | 553100 | 3093133 |
| Sun Hung Kai Properties Ltd. | 344000 | 4097325 |
| Swire Properties Ltd. | 139658 | 375386 |
| Wharf Real Estate Investment Co. Ltd. | 405000 | 1287229 |
|  |  | **9295328** |
| **Japan — 8.9%** | **Japan — 8.9%** | **Japan — 8.9%** |
| Activia Properties, Inc. | 1384 | 1186679 |
| Comforia Residential REIT, Inc. | 941 | 1853296 |
| Daiwa Office Investment Corp. | 511 | 1189397 |
| GLP J-REIT | 1497 | 1314342 |
| Invincible Investment Corp. | 2644 | 1178228 |
| Japan Real Estate Investment Corp. | 1431 | 1166246 |
| KDX Realty Investment Corp. | 1741 | 1876078 |
| Mitsubishi Estate Co. Ltd. | 159200 | 2993973 |
| Mitsui Fudosan Co. Ltd. | 574900 | 5179056 |

---

**3**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks — 99.4% (continued)** | **Common Stocks — 99.4% (continued)** | **Common Stocks — 99.4% (continued)** |
| **Japan — 8.9% (continued)** | **Japan — 8.9% (continued)** | **Japan — 8.9% (continued)** |
| Mitsui Fudosan Logistics Park, Inc. | 872 | 586345 |
| Nippon Building Fund, Inc. | 1813 | 1667527 |
| Nippon Prologis REIT, Inc. | 1167 | 632254 |
| Nomura Real Estate Master Fund, Inc. | 2042 | 2158454 |
| Orix JREIT, Inc. | 333 | 436786 |
| Sumitomo Realty & Development Co. Ltd. | 87600 | 3219358 |
|  |  | **26638019** |
| **Mexico — .5%** | **Mexico — .5%** | **Mexico — .5%** |
| Corp Inmobiliaria Vesta SAB de CV, ADR<sup>(b)</sup> <br>| 52260 | **1467983** |
| **Singapore — 2.9%** | **Singapore — 2.9%** | **Singapore — 2.9%** |
| CapitaLand Ascendas REIT | 537800 | 1155624 |
| CapitaLand Integrated Commercial Trust | 918300 | 1555961 |
| CapitaLand Investment Ltd. | 435000 | 931377 |
| City Developments Ltd. | 116500 | 552711 |
| Digital Core REIT Management Pte Ltd. | 1353211 | 710436 |
| Frasers Logistics & Commercial Trust<sup>(b)</sup> <br>| 2056800 | 1394011 |
| Mapletree Logistics Trust | 1110800 | 992397 |
| NTT DC REIT<sup>(a)</sup> <br>| 1515000 | 1424100 |
|  |  | **8716617** |
| **Spain — 1.2%** | **Spain — 1.2%** | **Spain — 1.2%** |
| Cellnex Telecom SA<sup>(c)</sup> <br>| 33400 | 1181599 |
| Merlin Properties Socimi SA | 176820 | 2457765 |
|  |  | **3639364** |
| **Sweden — .7%** | **Sweden — .7%** | **Sweden — .7%** |
| Castellum AB<sup>(b)</sup> <br>| 137115 | 1564548 |
| Fastighets AB Balder, Cl. B<sup>(a)</sup> <br>| 81300 | 550623 |
|  |  | **2115171** |
| **United Kingdom — 3.6%** | **United Kingdom — 3.6%** | **United Kingdom — 3.6%** |
| Empiric Student Property PLC | 521500 | 663925 |
| Grainger PLC | 559778 | 1519202 |
| LondonMetric Property PLC | 715449 | 1804678 |
| Safestore Holdings PLC | 126638 | 1126392 |
| The British Land Company PLC | 492583 | 2274254 |
| The UNITE Group PLC | 128029 | 1265575 |
| Tritax Big Box REIT PLC | 1174050 | 2190869 |
|  |  | **10844895** |
| **United States — 63.3%** | **United States — 63.3%** | **United States — 63.3%** |
| Agree Realty Corp.<sup>(b),(d)</sup> <br>| 63440 | 4548648 |
| American Healthcare REIT, Inc.<sup>(d)</sup> <br>| 89030 | 3440119 |
| American Homes 4 Rent, Cl. A<sup>(d)</sup> <br>| 101180 | 3509934 |
| Americold Realty Trust, Inc.<sup>(d)</sup> <br>| 77630 | 1248290 |
| Brixmor Property Group, Inc.<sup>(d)</sup> <br>| 222360 | 5810267 |
| Broadstone Net Lease, Inc.<sup>(d)</sup> <br>| 146160 | 2373638 |
| BXP, Inc.<sup>(d)</sup> <br>| 34130 | 2233126 |
| Camden Property Trust<sup>(d)</sup> <br>| 62300 | 6803160 |
| Cousins Properties, Inc.<sup>(b),(d)</sup> <br>| 133990 | 3631129 |
| DiamondRock Hospitality Co.<sup>(d)</sup> <br>| 166040 | 1281829 |
| Digital Realty Trust, Inc.<sup>(d)</sup> <br>| 62750 | 11071610 |
| Douglas Emmett, Inc.<sup>(d)</sup> <br>| 47880 | 725861 |
| Equinix, Inc.<sup>(d)</sup> <br>| 19810 | 15554218 |
| Equity LifeStyle Properties, Inc.<sup>(d)</sup> <br>| 6590 | 394873 |

---

**4**

------

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks — 99.4% (continued)** | **Common Stocks — 99.4% (continued)** | **Common Stocks — 99.4% (continued)** |
| **United States — 63.3% (continued)** | **United States — 63.3% (continued)** | **United States — 63.3% (continued)** |
| Equity Residential<sup>(d)</sup> <br>| 69860 | 4415152 |
| Essex Property Trust, Inc.<sup>(d)</sup> <br>| 6170 | 1605311 |
| Extra Space Storage, Inc.<sup>(d)</sup> <br>| 63560 | 8539922 |
| Federal Realty Investment Trust<sup>(d)</sup> <br>| 26660 | 2456986 |
| First Industrial Realty Trust, Inc.<sup>(d)</sup> <br>| 47880 | 2332714 |
| Healthcare Realty Trust, Inc.<sup>(b),(d)</sup> <br>| 114790 | 1763174 |
| Healthpeak Properties, Inc.<sup>(d)</sup> <br>| 354980 | 6013361 |
| Host Hotels & Resorts, Inc.<sup>(d)</sup> <br>| 268000 | 4212960 |
| Hudson Pacific Properties, Inc.<sup>(d)</sup> <br>| 121269 | 297109 |
| Invitation Homes, Inc.<sup>(d)</sup> <br>| 121840 | 3734396 |
| Iron Mountain, Inc.<sup>(d)</sup> <br>| 39881 | 3882814 |
| Kimco Realty Corp.<sup>(d)</sup> <br>| 265220 | 5630621 |
| Kite Realty Group Trust<sup>(d)</sup> <br>| 190360 | 4184113 |
| Lineage, Inc.<sup>(d)</sup> <br>| 27230 | 1174974 |
| National Health Investors, Inc.<sup>(d)</sup> <br>| 19370 | 1353188 |
| NNN REIT, Inc.<sup>(d)</sup> <br>| 42120 | 1737871 |
| Omega Healthcare Investors, Inc.<sup>(d)</sup> <br>| 88570 | 3445373 |
| Prologis, Inc.<sup>(d)</sup> <br>| 118630 | 12667311 |
| Public Storage<sup>(d)</sup> <br>| 21600 | 5873904 |
| Realty Income Corp.<sup>(d)</sup> <br>| 85500 | 4799115 |
| Rexford Industrial Realty, Inc.<sup>(b),(d)</sup> <br>| 83050 | 3033816 |
| Simon Property Group, Inc.<sup>(d)</sup> <br>| 27940 | 4576293 |
| UDR, Inc.<sup>(d)</sup> <br>| 176490 | 6934292 |
| Ventas, Inc.<sup>(d)</sup> <br>| 151840 | 10200611 |
| VICI Properties, Inc.<sup>(d)</sup> <br>| 67790 | 2209954 |
| Vornado Realty Trust<sup>(d)</sup> <br>| 76080 | 2922994 |
| Welltower, Inc.<sup>(d)</sup> <br>| 98090 | 16191716 |
|  |  | **188816747** |
| &nbsp;&nbsp;&nbsp; **Total Common Stocks** <br>(cost $256,006,893)<br>|  | **296437244** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Day <br>Yield (%)<br>|  |  |
| **Investment Companies — .7%** |  |  |  |
| **Registered Investment Companies — .7%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional <br> Shares<sup>(e)</sup> <br>(cost $2,201,077)<br>| 4.43 | 2201077 | **2201077** |
| **Investment of Cash Collateral for Securities Loaned — .1%** |  |  |  |
| **Registered Investment Companies — .1%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional <br> Shares<sup>(e)</sup> <br>(cost $286,960)<br>| 4.43 | 286960 | **286960** |
| **Total Investments** (cost $258,494,930) |  | **100.2%**<br>| **298925281** |
| **Liabilities, Less Cash and Receivables** |  | **(.2)%**<br>| **(707769)**<br>|
| **Net Assets** |  | **100.0%**<br>| **298217512** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*ADR—American Depositary Receipt* <br> *CVA—Company Voluntary Arrangement*

**5**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

*REIT—Real Estate Investment Trust*<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> *Non-income producing security.*

<sup>(b)</sup> *Security, or portion thereof, on loan. At July 31, 2025, the value of the fund's securities on loan was $13,070,935 and the value of the collateral was* *$13,563,766, consisting of cash collateral of $286,960 and U.S. Government & Agency securities valued at $13,276,806. In addition, the value of collateral* *may include pending sales that are also on loan.* 

<sup>(c)</sup> *Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from* *registration, normally to qualified institutional buyers. At July 31, 2025, these securities amounted to $1,181,599 or 0.4% of net assets.* 

<sup>(d)</sup> *Investment in real estate investment trust within the United States.*

<sup>(e)</sup> *Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company's* *prospectus.* 

*See notes to statement of investments.*

**6**

------

Statement of Investments

BNY Mellon Developed Markets Real Estate Securities Fund

July 31, 2025 (Unaudited)

The following is a summary of the inputs used as of July 31, 2025 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| Investments in Securities:<sup>†</sup> <br>|  |  |  |  |
| Equity Securities - Common Stocks | &nbsp;&nbsp; 296437244 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; **296437244** |
| Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 2488037 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; **2488037** |
|  | &nbsp;&nbsp; **298925281** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **298925281** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>†</sup> *See Statement of Investments for additional detailed categorizations, if any.*

**7**

------

The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission ("SEC") under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed 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, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The Company's Board of Directors (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

Investments in equity securities are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. These securities are generally categorized within Level 2 of the fair value hierarchy.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant ADRs and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

**8**

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For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

Investments denominated in foreign currencies are translated to U.S. dollars at the prevailing rates of exchange.

Pursuant to a securities lending agreement with BNY, the fund may lend securities to qualified institutions. It is the fund's policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral equivalent to at least 100% of the market value of securities on loan is maintained at all times. Collateral is either in the form of cash, which can be invested in certain money market mutual funds managed by the Adviser, or U.S. Government and Agency securities. The securities on loan, if any, are also disclosed in the fund's Statement of Investments. The fund is entitled to receive all dividends, interest and distributions on securities loaned, in addition to income earned as a result of the lending transaction. Should a borrower fail to return the securities in a timely manner, BNY is required to replace the securities for the benefit of the fund or credit the fund with the market value of the unreturned securities and is subrogated to the fund's rights against the borrower and the collateral. Additionally, the contractual maturity of security lending transactions are on an overnight and continuous basis.

At July 31, 2025, accumulated net unrealized appreciation on investments was $40,430,351, consisting of $51,776,671 gross unrealized appreciation and $11,346,320 gross unrealized depreciation.

At July 31, 2025, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

**9**

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Investment Funds V, Inc.

- **b. Investment Company Act file number:** 811-06490

- **c. CIK number of Registrant:** 0000881773

- **d. LEI of Registrant:** 549300E6YYE1FQWV1O19

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon Developed Markets Real Estate Securities Fund

- **b. EDGAR series identifier (if any):** S000019790

- **c. LEI of Series:** 549300ZNDDIWU1ZNWJ83

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $298843352.33

**Total Liabilities:** $694016.30

**Net Assets:** $298149336.03

**Cash Not Reported:** $838.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000130451 | 2.66%                | 0.71%                | -1.29%               |
| Class ID C000055460 | 2.66%                | 0.71%                | -1.29%               |
| Class ID C000055459 | 2.67%                | 0.59%                | -1.41%               |
| Class ID C000055458 | 2.61%                | 0.69%                | -1.38%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-100360.78              | $6847123.47                                |
| Month 2  | $412133.01               | $358070.51                                 |
| Month 3  | $-271826.34              | $-3993020.63                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nomura Real Estate Master Fund                                    | Nomura Real Estate Master Fund Inc                                | CUSIP: 000000000<br>LEI: 353800TNNZOQ1CPZE086 | Long             | EC               | CORP              | JP        |      2042 | NS      | $2158453.58   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp Inmobiliaria Vesta SAB de                                    | Corp Inmobiliaria Vesta SAB de CV                                 | CUSIP: 92540K109<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |     52260 | NS      | $1467983.40   | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Federal Realty Investment Trus                                    | Federal Realty Investment Trust                                   | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |     26010 | NS      | $2397081.60   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Empiric Student Property PLC                                      | Empiric Student Property PLC                                      | CUSIP: 000000000<br>LEI: 213800FPF38IBPRFPU87 | Long             | EC               | CORP              | GB        |    521500 | NS      | $663925.09    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexus                                                             | Dexus                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    370820 | NS      | $1684833.83   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc                                     | National Health Investors Inc                                     | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     19370 | NS      | $1353188.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                                        | Vonovia SE                                                        | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |    167560 | NS      | $5216467.20   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                                                      | NNN REIT Inc                                                      | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     42120 | NS      | $1737871.20   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The                                               | UNITE Group PLC/The                                               | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |    128029 | NS      | $1265575.02   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Link REIT                                                         | Link REIT                                                         | CUSIP: 000000000<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               | CORP              | HK        |    553100 | NS      | $3093132.48   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                                              | Vornado Realty Trust                                              | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76080 | NS      | $2922993.60   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                                                | Cellnex Telecom SA                                                | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |     33400 | NS      | $1181598.48   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc                                     | Hudson Pacific Properties Inc                                     | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121269 | NS      | $297109.05    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                                         | Healthpeak Properties Inc                                         | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |    354980 | NS      | $6013361.20   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                                             | American Homes 4 Rent                                             | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    101180 | NS      | $3509934.20   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Comforia Residential REIT Inc                                     | Comforia Residential REIT Inc                                     | CUSIP: 000000000<br>LEI: 353800BJ2SV3UPG9JU05 | Long             | EC               | CORP              | JP        |       941 | NS      | $1853295.76   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tritax Big Box REIT PLC                                           | Tritax Big Box REIT PLC                                           | CUSIP: 000000000<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               | CORP              | GB        |   1174050 | NS      | $2190869.40   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapletree Logistics Trust                                         | Mapletree Logistics Trust                                         | CUSIP: 000000000<br>LEI: 549300M9EBZIYH387075 | Long             | EC               | CORP              | SG        |   1110800 | NS      | $992396.80    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                                      | Prologis Inc                                                      | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    118630 | NS      | $12667311.40  | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| First Capital Real Estate Inve                                    | First Capital Real Estate Investment Trust                        | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               | CORP              | CA        |     66900 | NS      | $897568.56    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Wharf Real Estate Investment C                                    | Wharf Real Estate Investment Co Ltd                               | CUSIP: 000000000<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | HK        |    405000 | NS      | $1287229.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Building Fund Inc                                          | Nippon Building Fund Inc                                          | CUSIP: 000000000<br>LEI: 52990053R8NL2MB32172 | Long             | EC               | CORP              | JP        |      1813 | NS      | $1667527.19   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Safestore Holdings PLC                                            | Safestore Holdings PLC                                            | CUSIP: 000000000<br>LEI: 213800WGA3YSJC1YOH73 | Long             | EC               | CORP              | GB        |    126638 | NS      | $1126391.54   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Integrated Commerci                                    | CapitaLand Integrated Commercial Trust                            | CUSIP: 000000000<br>LEI: 54930031292WUTXF0L29 | Long             | EC               | CORP              | SG        |    918300 | NS      | $1555961.18   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                                                | Equity Residential                                                | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     69860 | NS      | $4415152.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cofinimmo SA                                                      | Cofinimmo SA                                                      | CUSIP: 000000000<br>LEI: 549300TM914CSF6KI389 | Long             | EC               | CORP              | BE        |      9420 | NS      | $820770.44    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirvac Group                                                      | Mirvac Group                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1661200 | NS      | $2402032.91   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Frasers Logistics & Commercial                                    | Frasers Logistics & Commercial Trust                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   2056800 | NS      | $1394011.09   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Simon Property Group Inc                                          | Simon Property Group Inc                                          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     27940 | NS      | $4576292.60   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Prologis REIT Inc                                          | Nippon Prologis REIT Inc                                          | CUSIP: 000000000<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               | CORP              | JP        |      1167 | NS      | $632253.98    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Office Investment Corp                                      | Daiwa Office Investment Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       511 | NS      | $1189396.55   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chartwell Retirement Residence                                    | Chartwell Retirement Residences                                   | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |    160410 | NS      | $2050275.04   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co                                        | DiamondRock Hospitality Co                                        | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    166040 | NS      | $1281828.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| British Land Co PLC/The                                           | British Land Co PLC/The                                           | CUSIP: 000000000<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |    492583 | NS      | $2274254.05   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongkong Land Holdings Ltd                                        | Hongkong Land Holdings Ltd                                        | CUSIP: 000000000<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | HK        |     76200 | NS      | $461010.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG Immobilien SE                                                 | LEG Immobilien SE                                                 | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |     36013 | NS      | $2866587.98   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTDC Ltd                                                        | NEXTDC Ltd                                                        | CUSIP: 000000000<br>LEI: 529900RTERU3X7G3D672 | Long             | EC               | CORP              | AU        |     72155 | NS      | $672834.66    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| DigiCo Infrastructure REIT                                        | DigiCo Infrastructure REIT                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    265460 | NS      | $566384.93    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                                           | UDR Inc                                                           | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    176490 | NS      | $6934292.10   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Region Group                                                      | Region Group                                                      | CUSIP: 000000000<br>LEI: 549300MS6NZV0B7K7D28 | Long             | EC               | CORP              | AU        |    889400 | NS      | $1337480.61   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| KDX Realty Investment Corp                                        | KDX Realty Investment Corp                                        | CUSIP: 000000000<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               | CORP              | JP        |      1741 | NS      | $1876077.59   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                                                 | Kimco Realty Corp                                                 | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |    257830 | NS      | $5473730.90   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd                                       | Sun Hung Kai Properties Ltd                                       | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    344000 | NS      | $4097324.84   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                                               | VICI Properties Inc                                               | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     67790 | NS      | $2209954.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                                                 | Iron Mountain Inc                                                 | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     39881 | NS      | $3882814.16   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc                                          | Essex Property Trust Inc                                          | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      4996 | NS      | $1299859.28   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                                            | Cousins Properties Inc                                            | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    133990 | NS      | $3631129.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Lineage Inc                                                       | Lineage Inc                                                       | CUSIP: 53566V106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27230 | NS      | $1174974.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Estate Co Ltd                                          | Mitsubishi Estate Co Ltd                                          | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |    159200 | NS      | $2993973.47   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc                                    | Omega Healthcare Investors Inc                                    | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     88570 | NS      | $3445373.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Warehouses De Pauw CVA                                            | Warehouses De Pauw CVA                                            | CUSIP: 000000000<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               | CORP              | BE        |     83762 | NS      | $1961490.27   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Real Estate Investment Tru                                    | H&R Real Estate Investment Trust                                  | CUSIP: 403925407<br>LEI: 549300TGNP6B6GUVGW10 | Long             | EC               | CORP              | CA        |     78130 | NS      | $653526.78    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                                               | Sun Communities Inc                                               | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      7590 | NS      | $941387.70    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                                                | Realty Income Corp                                                | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     85500 | NS      | $4799115.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                                           | Extra Space Storage Inc                                           | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59480 | NS      | $7991732.80   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                                     | Rexford Industrial Realty Inc                                     | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     83050 | NS      | $3033816.50   | 1.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Goodman Group                                                     | Goodman Group                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    365950 | NS      | $8273553.86   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                                     | Welltower Inc                                                     | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     98090 | NS      | $16191716.30  | 5.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                                           | Kite Realty Group Trust                                           | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179140 | NS      | $3937497.20   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                                        | Brixmor Property Group Inc                                        | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    222360 | NS      | $5810266.80   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                                                 | Agree Realty Corp                                                 | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63440 | NS      | $4548648.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Klepierre SA                                                      | Klepierre SA                                                      | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               | CORP              | FR        |     32300 | NS      | $1237047.11   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                       | Equinix Inc                                                       | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     19810 | NS      | $15554217.70  | 5.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                                        | Americold Realty Trust Inc                                        | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               | CORP              | US        |     77630 | NS      | $1248290.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT DC REIT                                                       | NTT DC REIT                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   1515000 | NS      | $1424100.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc                                      | American Healthcare REIT Inc                                      | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     89030 | NS      | $3440119.20   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development                                     | Sumitomo Realty & Development Co Ltd                              | CUSIP: 000000000<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |     87600 | NS      | $3219358.09   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc                                       | Healthcare Realty Trust Inc                                       | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    114790 | NS      | $1763174.40   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| LondonMetric Property PLC                                         | LondonMetric Property PLC                                         | CUSIP: 000000000<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               | CORP              | GB        |    715449 | NS      | $1804678.25   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastighets AB Balder                                              | Fastighets AB Balder                                              | CUSIP: 000000000<br>LEI: 549300GHKJCEZOAEUU82 | Long             | EC               | CORP              | SE        |     81300 | NS      | $550623.39    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GLP J-Reit                                                        | GLP J-Reit                                                        | CUSIP: 000000000<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               | CORP              | JP        |      1497 | NS      | $1314342.18   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Gecina SA                                                         | Gecina SA                                                         | CUSIP: 000000000<br>LEI: 9695003E4MMA10IBTR26 | Long             | EC               | CORP              | FR        |     26380 | NS      | $2595038.59   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Logistics Park                                     | Mitsui Fudosan Logistics Park Inc                                 | CUSIP: 000000000<br>LEI: 353800DN63EIYS760S59 | Long             | EC               | CORP              | JP        |       872 | NS      | $586344.83    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage REIT                                             | National Storage REIT                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    679110 | NS      | $1047432.10   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP Inc                                                           | BXP Inc                                                           | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     34130 | NS      | $2233125.90   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Real Estate Investment C                                    | Japan Real Estate Investment Corp                                 | CUSIP: 000000000<br>LEI: 3538003YAIR3CBGJJ928 | Long             | EC               | CORP              | JP        |      1431 | NS      | $1166246.02   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                                                | Douglas Emmett Inc                                                | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47880 | NS      | $725860.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Core REIT Management P                                    | Digital Core REIT Management Pte Ltd                              | CUSIP: 000000000<br>LEI: 254900RTT7SLEEJYGV92 | Long             | EC               | CORP              | SG        |   1353211 | NS      | $710435.78    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corp                                        | Invincible Investment Corp                                        | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |      2644 | NS      | $1178228.12   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Ascendas REIT                                          | CapitaLand Ascendas REIT                                          | CUSIP: 000000000<br>LEI: 549300ILIBAEMQZK3L20 | Long             | EC               | CORP              | SG        |    537800 | NS      | $1155623.84   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Activia Properties Inc                                            | Activia Properties Inc                                            | CUSIP: 000000000<br>LEI: 353800RPGYN3ML8CXV54 | Long             | EC               | CORP              | JP        |      1384 | NS      | $1186679.05   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Merlin Properties Socimi SA                                       | Merlin Properties Socimi SA                                       | CUSIP: 000000000<br>LEI: 959800L8KD863DP30X04 | Long             | EC               | CORP              | ES        |    176820 | NS      | $2457765.47   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                                             | Camden Property Trust                                             | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     62300 | NS      | $6803160.00   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                          | Digital Realty Trust Inc                                          | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     62750 | NS      | $11071610.00  | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Aedifica SA                                                       | Aedifica SA                                                       | CUSIP: 000000000<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               | CORP              | BE        |     20730 | NS      | $1530612.82   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRE                                    | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | CUSIP: 000000000<br>LEI: 549300RBWL04JG8SIX57 | Long             | STIV             | RF                | US        |   2201077 | NS      | $2201076.98   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GPT Group/The                                                     | GPT Group/The                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    487540 | NS      | $1597919.66   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Investment Ltd/Sing                                    | CapitaLand Investment Ltd/Singapore                               | CUSIP: 000000000<br>LEI: 254900AT4UQDU7SNXX49 | Long             | EC               | CORP              | SG        |    435000 | NS      | $931377.08    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Castellum AB                                                      | Castellum AB                                                      | CUSIP: 000000000<br>LEI: 549300GU5OHTR1T5IY68 | Long             | EC               | CORP              | SE        |    137115 | NS      | $1564547.39   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Swire Properties Ltd                                              | Swire Properties Ltd                                              | CUSIP: 000000000<br>LEI: 5299001L12PHYVQ92465 | Long             | EC               | CORP              | HK        |    132558 | NS      | $356302.39    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| RioCan REIT                                                       | RioCan Real Estate Investment Trust                               | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               | CORP              | CA        |    178590 | NS      | $2274908.70   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease Inc                                          | Broadstone Net Lease Inc                                          | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    146160 | NS      | $2373638.40   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| City Developments Ltd                                             | City Developments Ltd                                             | CUSIP: 000000000<br>LEI: 254900BPLPJS0RJ72373 | Long             | EC               | CORP              | SG        |    116500 | NS      | $552711.03    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Properties Real Estate                                     | Allied Properties Real Estate Investment Trust                    | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               | CORP              | CA        |     42130 | NS      | $526016.89    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Orix JREIT Inc                                                    | Orix JREIT Inc                                                    | CUSIP: 000000000<br>LEI: 353800WVNTBIU65TA247 | Long             | EC               | CORP              | JP        |       333 | NS      | $436786.47    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Scentre Group                                                     | Scentre Group                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1080430 | NS      | $2603768.77   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    286964 | NS      | $286964.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                                        | Ventas Inc                                                        | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    151840 | NS      | $10200611.20  | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                                         | Unibail-Rodamco-Westfield                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     21450 | NS      | $2086567.80   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                                    | Public Storage                                                    | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     21080 | NS      | $5732495.20   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust                                     | First Industrial Realty Trust Inc                                 | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47880 | NS      | $2332713.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                                              | Invitation Homes Inc                                              | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121840 | NS      | $3734396.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger PLC                                                      | Grainger PLC                                                      | CUSIP: 000000000<br>LEI: 2138007CEIRKZMNI2979 | Long             | EC               | CORP              | GB        |    559778 | NS      | $1519201.53   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Co Ltd                                             | Mitsui Fudosan Co Ltd                                             | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    574900 | NS      | $5179056.03   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                                         | Host Hotels & Resorts Inc                                         | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    268000 | NS      | $4212960.00   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-23

**Name of Applicant:** BNY Mellon Investment Funds V, Inc.

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer