# EDGAR Filing Document

**Accession Number:** 0001486048
**File Stem:** 0001486048-25-000032
**Filing Date:** 2025-8
**Character Count:** 113805
**Document Hash:** ba9c844bab7de96f0d43a3371e427ca5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001486048-25-000032.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001486048-25-000032

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Real Assets Fund, Inc.
- **CENTRAL INDEX KEY:** 0001486048

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22410
- **FILM NUMBER:** 251256872

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Real Assets Fund, Inc. (Series ID: S000029428)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000090373 | T. Rowe Price Real Assets Fund, Inc.    | PRAFX           |
| C000159678 | T. Rowe Price Real Assets Fund-I Class  | PRIKX           |
| C000219347 | T. Rowe Price Real Assets Funds-Z Class | TRZRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. ROWE PRICE REAL ASSETS FUND, INC.

- **b. Investment Company Act file number:** 811-22410

- **c. CIK number of Registrant:** 0001486048

- **d. LEI of Registrant:** 549300LFFRMLJN2FGQ21

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price Real Assets Fund, Inc.

- **b. EDGAR series identifier (if any):** S000029428

- **c. LEI of Series:** 5493008NLR7XEV5QEO07

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $10864865329.16

**Total Liabilities:** $155748914.78

**Net Assets:** $10709116414.38

**Assets Attributable to Miscellaneous Securities:** $21488498.87

**Cash Not Reported:** $9929161.77

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000159678 | -1.77%               | 2.50%                | 2.64%                |
| Class ID C000090373 | -1.82%               | 2.54%                | 2.61%                |
| Class ID C000219347 | -1.69%               | 2.61%                | 2.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-18432031.71            | $-192614523.71                             |
| Month 2  | $4392293.24              | $247314533.40                              |
| Month 3  | $28066597.86             | $198178173.73                              |

**Designated Index Information**

- **Index Name:** REAL ASSETS FUND BLENDED BENCHMARK AUGMENTED

- **Index Identifier:** RAFBBAUG

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Acadia Realty Trust                             | ACADIA REALTY TRUST                                          | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |   3243259 | NS      | $60227319.63  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Antofagasta PLC                                 | ANTOFAGASTA PLC                                              | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | EC               | CORP              | GB        |    682216 | NS      | $16961859.79  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd                          | AGNICO EAGLE MINES LTD                                       | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |    233463 | NS      | $27765754.59  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                               | AGREE REALTY CORP                                            | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71397 | NS      | $5216264.82   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| GOLDMAN SACHS & CO                              | JPY/USD FWD 20250715 GSILGB2X                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | JP        |         1 | NC      | $279168.71    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamos Gold Inc                                 | ALAMOS GOLD INC                                              | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |    794686 | NS      | $21106860.16  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp                                      | ALCOA CORP                                                   | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    399462 | NS      | $11788123.62  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities Inc             | ALEXANDRIA REAL ESTATE EQUITIES INC                          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |    179467 | NS      | $13034688.21  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                                     | AMEREN CORP                                                  | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    122385 | NS      | $11753855.40  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                           | AMERICAN HOMES 4 RENT                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |   2478686 | NS      | $89406204.02  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Big Yellow Group PLC                            | BIG YELLOW GROUP PLC                                         | CUSIP: 000000000<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               | CORP              | GB        |   1676711 | NS      | $23308931.20  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corp                             | AMERICAN TOWER CORP                                          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    831960 | NS      | $183879799.20 | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Management Co          | APARTMENT INVESTMENT AND MANAGEMENT CO                       | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |    579955 | NS      | $5016610.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                      | APPLE HOSPITALITY REIT INC                                   | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |   1453259 | NS      | $16959532.53  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc                       | AVALONBAY COMMUNITIES INC                                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |    607445 | NS      | $123615057.50 | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                 | BAKER HUGHES CO                                              | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    778390 | NS      | $29843472.60  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Persimmon PLC                                   | PERSIMMON PLC                                                | CUSIP: 000000000<br>LEI: 213800XI72Y57UWN6F31 | Long             | EC               | CORP              | GB        |   1150352 | NS      | $20465211.62  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE Group PLC/The                             | UNITE GROUP PLC/THE                                          | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |   1415117 | NS      | $16492823.28  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                   | RIO TINTO PLC                                                | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |   2303818 | NS      | $134091689.66 | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| BP PLC                                          | BP PLC                                                       | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |   5345586 | NS      | $26633298.91  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK N A                                    | TRS/GB/XVTD/SOFRCOMPOUND/19000102/106785693_C/CITIUS33XXX    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               | CORP              | LU        |         1 | NC      | $137707.34    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA                                 | TRS/VNM/SOFRCOMPOUND/19000102/107339960CA_C/BOFAUS6SGDS      | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |         1 | NC      | $113481.34    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO LLC                         | TRS/SPSIHOTR/SOFRCOMPOUND/19000102/108321517_C/MSLNGB2XXXX   | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         1 | NC      | $1080615.56   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO LLC                         | TRS/FNERTR/SOFRCOMPOUND/19000102/108407930_C/MSLNGB2XXXX     | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         1 | NC      | $72424.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & COMPANY LLC                    | TRS/RUGL/SOFRCOMPOUND/19000102/108412328_C/MSLNGB2XXXX       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         1 | NC      | $72146.57     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO                              | TRS/SPSIHOTR/SOFRCOMPOUND/19000102/109108360_C/GSILGB2XXXX_C | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $572489.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadstone Net Lease Inc                        | BROADSTONE NET LEASE INC                                     | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    120609 | NS      | $1935774.45   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & COMPANY LLC                    | TRS/SPXT/SOFRCOMPOUND/19000102/112581561_C/MSLNGB2XXXX_C     | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1130553.79  | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & COMPANY LLC                    | TRS/SPXT/SOFRCOMPOUND/19000102/113374581_C/MSLNGB2XXXX_C     | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1068047.90  | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & COMPANY LLC                    | TRS/SPSIOPTR/SOFRCOMPOUND/19000102/113374584_C/MSLNGB2XXXX_C | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         1 | NC      | $-2819992.85  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CBRE Group Inc                                  | CBRE GROUP INC                                               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     94319 | NS      | $13215978.28  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                           | CAMDEN PROPERTY TRUST                                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |    226891 | NS      | $25568346.79  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                     | CAMECO CORP                                                  | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    819796 | NS      | $60853457.08  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                              | EXPAND ENERGY CORP                                           | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    325461 | NS      | $38059409.34  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                    | CHEVRON CORP                                                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    743398 | NS      | $106447159.62 | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc                                | COEUR MINING INC                                             | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |   1032560 | NS      | $9148481.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group Inc                | COLLIERS INTERNATIONAL GROUP INC                             | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |    208154 | NS      | $27172423.16  | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Agnico Eagle Mines Ltd                          | AGNICO EAGLE MINES LTD                                       | CUSIP: 000000000<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |   1300076 | NS      | $154892109.59 | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ConocoPhillips                                  | CONOCOPHILLIPS                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   1169573 | NS      | $104957481.02 | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                       | CONSTELLATION ENERGY CORP                                    | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     39000 | NS      | $12587640.00  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Apartment Properties REIT              | CANADIAN APARTMENT PROPERTIES REIT                           | CUSIP: 134921105<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               | CORP              | CA        |    648591 | NS      | $21152139.75  | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| Canadian Natural Resources Ltd                  | CANADIAN NATURAL RESOURCES LTD                               | CUSIP: 000000000<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   2031426 | NS      | $63848013.81  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Vale SA                                         | VALE SA                                                      | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |   6995106 | NS      | $67851150.58  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Corteva Inc                                     | CORTEVA INC                                                  | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    324600 | NS      | $24192438.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                | CROWN CASTLE INC                                             | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    478973 | NS      | $49204896.29  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                       | CUBESMART                                                    | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1925422 | NS      | $81830435.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                      | FIRST QUANTUM MINERALS LTD                                   | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |   2908487 | NS      | $51666091.82  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Foran Mining Corp                               | FORAN MINING CORP                                            | CUSIP: 000000000<br>LEI: 529900LRYPIWB6RISB58 | Long             | EC               | CORP              | CA        |   4363047 | NS      | $9772200.00   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrias Penoles SAB de CV                    | INDUSTRIAS PENOLES SAB DE CV                                 | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | EC               | CORP              | MX        |   1025560 | NS      | $28673814.83  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                          | DIAMONDBACK ENERGY INC                                       | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |    251554 | NS      | $34563519.60  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                        | DIGITAL REALTY TRUST INC                                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     98197 | NS      | $17118683.01  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                              | DOUGLAS EMMETT INC                                           | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2159355 | NS      | $32476699.20  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico SAB de CV                          | GRUPO MEXICO SAB DE CV                                       | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |   4737668 | NS      | $28593402.49  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| DuPont de Nemours Inc                           | DUPONT DE NEMOURS INC                                        | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |    350300 | NS      | $24027077.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                               | EOG RESOURCES INC                                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    608978 | NS      | $72839858.58  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                                        | EQT CORP                                                     | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    787165 | NS      | $45907462.80  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                  | EPR PROPERTIES                                               | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     46480 | NS      | $2707924.80   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                        | EASTGROUP PROPERTIES INC                                     | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |    546480 | NS      | $91327737.60  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                    | ENBRIDGE INC                                                 | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |   1568109 | NS      | $71066699.88  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                     | EQUINIX INC                                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |    375366 | NS      | $298592392.02 | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                 | EQUITY LIFESTYLE PROPERTIES INC                              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |   1107046 | NS      | $68271526.82  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                              | EQUITY RESIDENTIAL                                           | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |   1668953 | NS      | $112637637.97 | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co Ltd                       | WEST FRASER TIMBER CO LTD                                    | CUSIP: 000000000<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |    328177 | NS      | $24065911.67  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Essential Properties Realty Trust Inc           | ESSENTIAL PROPERTIES REALTY TRUST INC                        | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    149972 | NS      | $4785606.52   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc                        | ESSEX PROPERTY TRUST INC                                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |    465973 | NS      | $132056748.20 | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC.                    | CNH/USD FWD 20250715 WFBIUS6W                                | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | CN        |         1 | NC      | $-244379.36   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                | EXXON MOBIL CORP                                             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   1205488 | NS      | $129951606.40 | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                 | FEDERAL REALTY INVESTMENT TRUST                              | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |    128967 | NS      | $12250575.33  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowco Holdings Inc                             | FLOWCO HOLDINGS INC                                          | CUSIP: 342909108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    194959 | NS      | $3472219.79   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                            | FREEPORT-MCMORAN INC                                         | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |   4675486 | NS      | $202682318.10 | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc               | GAMING AND LEISURE PROPERTIES INC                            | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |   1322600 | NS      | $61738968.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Copper Miners ETF                      | GLOBAL X COPPER MINERS ETF                                   | CUSIP: 37954Y830<br>LEI: 549300L5RUQZ388WGS57 | Long             | EC               | RF                | US        |   1384481 | NS      | $62301645.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC SECURITIES INC                             | KRW/USD FWD 20250715 MRMDUS33                                | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | KR        |         1 | NC      | $190593.69    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HF Sinclair Corp                                | HF SINCLAIR CORP                                             | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |    527900 | NS      | $21686132.00  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc                     | HEALTHCARE REALTY TRUST INC                                  | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    259783 | NS      | $4120158.38   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                                       | HESS CORP                                                    | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |    231576 | NS      | $32082539.04  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                   | HILTON WORLDWIDE HOLDINGS INC                                | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     52728 | NS      | $14043575.52  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                          | INTERNATIONAL PAPER CO                                       | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    560065 | NS      | $26227843.95  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Electric Inc / US                       | IVANHOE ELECTRIC INC / US                                    | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2398469 | NS      | $21754113.83  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                             | IVANHOE ELECTRIC INC / US WTS 02/06                          | CUSIP: 46578C116<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    786226 | NS      | $1627487.82   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Kilroy Realty Corp                              | KILROY REALTY CORP                                           | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    503969 | NS      | $17291176.39  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                               | KIMCO REALTY CORP                                            | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |    771431 | NS      | $16215479.62  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                               | KINDER MORGAN INC                                            | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    674106 | NS      | $19818716.40  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp                                | KNIFE RIVER CORP                                             | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    180800 | NS      | $14760512.00  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE BANK                            | CNH/USD FWD 20250715 CHASGB2L                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | CN        |         1 | NC      | $29191.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP                     | SEK/USD FWD 20250715 BNPAFRPP                                | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | SE        |         1 | NC      | $1400484.33   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kodiak Gas Services Inc                         | KODIAK GAS SERVICES INC                                      | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    417876 | NS      | $14320610.52  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Oyj                                 | UPM-KYMMENE OYJ                                              | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    605543 | NS      | $16536180.05  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Stora Enso Oyj                                  | STORA ENSO OYJ                                               | CUSIP: 000000000<br>LEI: 7437000ZP669LKUTZ738 | Long             | EC               | CORP              | FI        |   1923254 | NS      | $20908820.52  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                         | BASF SE                                                      | CUSIP: 000000000<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |    608194 | NS      | $30080984.77  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG                         | HEIDELBERG MATERIALS AG                                      | CUSIP: 000000000<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |    148436 | NS      | $34956203.36  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Interpump Group SpA                             | INTERPUMP GROUP SPA                                          | CUSIP: 000000000<br>LEI: 815600C79D0F31F4D395 | Long             | EC               | CORP              | IT        |    405744 | NS      | $16883960.17  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Lineage Inc                                     | LINEAGE INC                                                  | CUSIP: 53566V106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    234102 | NS      | $10188119.04  | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Louisiana-Pacific Corp                          | LOUISIANA-PACIFIC CORP                                       | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |    175394 | NS      | $15082130.06  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET GLOBAL MARKETS LLC                 | JPY/USD FWD 20250715 SBOSGB2X                                | CUSIP: 000000000<br>LEI: 549300FDEDF5ORXCMQ56 | N/A              | DFE              | CORP              | JP        |         1 | NC      | $718832.06    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| thyssenkrupp AG                                 | THYSSENKRUPP AG                                              | CUSIP: 000000000<br>LEI: 549300UDG16DOYUPR330 | Long             | EC               | CORP              | DE        |   1085587 | NS      | $11700675.59  | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                         | MARATHON PETROLEUM CORP                                      | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    417269 | NS      | $69312553.59  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd                                   | FORTESCUE LTD                                                | CUSIP: 000000000<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |   1842038 | NS      | $18516594.86  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Emerald Resources NL                            | EMERALD RESOURCES NL                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |  10847230 | NS      | $28308748.92  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd                                   | BHP GROUP LTD                                                | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |  11861683 | NS      | $285363594.94 | 2.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                                    | MIRVAC GROUP                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |  13333686 | NS      | $19346624.91  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| China Steel Corp                                | CHINA STEEL CORP                                             | CUSIP: 000000000<br>LEI: 529900D3N7UIJMVJ9120 | Long             | EC               | CORP              | TW        |  19776000 | NS      | $12719270.05  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Ltd                                   | RIO TINTO LTD                                                | CUSIP: 000000000<br>LEI: 529900X2VMAQT2PE0V24 | Long             | EC               | CORP              | AU        |    659909 | NS      | $46715134.61  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Ltd                                 | GOLD FIELDS LTD                                              | CUSIP: 000000000<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |   2880067 | NS      | $68199117.34  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                  | NRG ENERGY INC                                               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |    103500 | NS      | $16620030.00  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                                    | NNN REIT INC                                                 | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |    156172 | NS      | $6743506.96   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Real Estate Investment Corp               | JAPAN REAL ESTATE INVESTMENT CORP                            | CUSIP: 000000000<br>LEI: 3538003YAIR3CBGJJ928 | Long             | EC               | CORP              | JP        |     20264 | NS      | $16589362.83  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Harmony Gold Mining Co Ltd                      | HARMONY GOLD MINING CO LTD                                   | CUSIP: 000000000<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |   1456125 | NS      | $20260448.65  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust          | CAPITALAND INTEGRATED COMMERCIAL TRUST                       | CUSIP: 000000000<br>LEI: 54930031292WUTXF0L29 | Long             | EC               | CORP              | SG        |  12607444 | NS      | $21528153.57  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp                                     | KAJIMA CORP                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    395300 | NS      | $10310101.85  | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Properties Ltd                            | KERRY PROPERTIES LTD                                         | CUSIP: 000000000<br>LEI: 5299006T5ULIIRZ7LK49 | Long             | EC               | CORP              | BM        |   6234500 | NS      | $16137441.66  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kubota Corp                                     | KUBOTA CORP                                                  | CUSIP: 000000000<br>LEI: 549300CSY4INHEHQQT13 | Long             | EC               | CORP              | JP        |   1283800 | NS      | $14477287.41  | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Newmont Corp                                    | NEWMONT CORP                                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |   2485908 | NS      | $144829000.08 | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Prime Realty Investment Corp              | JAPAN PRIME REALTY INVESTMENT CORP                           | CUSIP: 000000000<br>LEI: 353800NJOQJAY1ODEX72 | Long             | EC               | CORP              | JP        |     24549 | NS      | $15777550.94  | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| NextEra Energy Inc                              | NEXTERA ENERGY INC                                           | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    430153 | NS      | $29861221.26  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Estate Co Ltd                        | MITSUBISHI ESTATE CO LTD                                     | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |   3078800 | NS      | $57718628.96  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                           | MITSUI FUDOSAN CO LTD                                        | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |   2213400 | NS      | $21428104.84  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Sanso Holdings Corp                      | NIPPON SANSO HOLDINGS CORP                                   | CUSIP: 000000000<br>LEI: 353800F1K6653B4VPY57 | Long             | EC               | CORP              | JP        |    339600 | NS      | $12850976.54  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp                               | NIPPON STEEL CORP                                            | CUSIP: 000000000<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |   1797900 | NS      | $34001771.14  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO Holdings Inc                              | POSCO HOLDINGS INC                                           | CUSIP: 000000000<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |    150866 | NS      | $29063714.38  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Nucor Corp                                      | NUCOR CORP                                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |    463709 | NS      | $60068863.86  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd                     | NORTHERN STAR RESOURCES LTD                                  | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |   3349436 | NS      | $41372684.04  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                       | ZIJIN MINING GROUP CO LTD                                    | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |  24316000 | NS      | $62536174.43  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Valterra Platinum Ltd                           | VALTERRA PLATINUM LTD                                        | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |   1305093 | NS      | $58111933.63  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimizu Corp                                    | SHIMIZU CORP                                                 | CUSIP: 000000000<br>LEI: 353800BRAE0QFP3ZLY22 | Long             | EC               | CORP              | JP        |    621800 | NS      | $6945359.07   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEOK Inc                                       | ONEOK INC                                                    | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    579952 | NS      | $47341481.76  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd                     | SUN HUNG KAI PROPERTIES LTD                                  | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |   2244500 | NS      | $25863478.78  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                     | OVINTIV INC                                                  | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |    673055 | NS      | $25609742.75  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                              | PPG INDUSTRIES INC                                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     95100 | NS      | $10817625.00  | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                       | PACKAGING CORP OF AMERICA                                    | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |    128735 | NS      | $24260110.75  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                         | PEBBLEBROOK HOTEL TRUST                                      | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |   1104922 | NS      | $11038170.78  | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                       | HOLCIM AG                                                    | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |    313325 | NS      | $23267245.34  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Permian Resources Corp                          | PERMIAN RESOURCES CORP                                       | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |   1647189 | NS      | $22434714.18  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                     | PHILLIPS 66                                                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |    455236 | NS      | $54309654.80  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                    | PROLOGIS INC                                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   2093063 | NS      | $220022782.56 | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                  | PUBLIC STORAGE                                               | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |    571837 | NS      | $167788412.54 | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc                           | RPM INTERNATIONAL INC                                        | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |    174532 | NS      | $19170594.88  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                            | RANGE RESOURCES CORP                                         | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |    637503 | NS      | $25927247.01  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Inc                                    | RAYONIER INC                                                 | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |    964479 | NS      | $21392144.22  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                              | REALTY INCOME CORP                                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    609485 | NS      | $35112430.85  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                            | REGENCY CENTERS CORP                                         | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |   1811485 | NS      | $129032076.55 | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                    | RELIANCE INC                                                 | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |    211727 | NS      | $66461105.30  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Treasury Reserve Fund             | T. Rowe Price Treasury Reserve Fund                          | CUSIP: 76105Y208<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        |  89883819 | NS      | $89883819.24  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund           | T. Rowe Price Government Reserve Fund - Collateral           | CUSIP: 76105YYY8<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        | 133323513 | NS      | $133323512.75 | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                   | REXFORD INDUSTRIAL REALTY INC                                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |   2749880 | NS      | $97813231.60  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                  | ROYAL GOLD INC                                               | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |    142291 | NS      | $25305031.44  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                         | SBA COMMUNICATIONS CORP                                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    112892 | NS      | $26511557.28  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P Oil & Gas Exploration & Production ETF | SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF              | CUSIP: 78468R556<br>LEI: 5493001H1FSSB667C124 | Long             | EC               | RF                | US        |    371526 | NS      | $46737970.80  | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Schlumberger NV                                 | SCHLUMBERGER NV                                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |   1584019 | NS      | $53539842.20  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                         | SHERWIN-WILLIAMS CO/THE                                      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |    133866 | NS      | $45964229.76  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                        | SIMON PROPERTY GROUP INC                                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    865457 | NS      | $139130867.32 | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT Inc                 | SMARTSTOP SELF STORAGE REIT INC                              | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               | CORP              | US        |   1359686 | NS      | $49261423.78  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                                 | SOUTHERN CO/THE                                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    270556 | NS      | $24845157.48  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                            | SOUTHERN COPPER CORP                                         | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |    289189 | NS      | $29257251.13  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                              | STEEL DYNAMICS INC                                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |    801218 | NS      | $102563916.18 | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                             | SUN COMMUNITIES INC                                          | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |    928798 | NS      | $117483659.02 | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                            | TARGA RESOURCES CORP                                         | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    308637 | NS      | $53727528.96  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                              | TECK RESOURCES LTD                                           | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |   1446130 | NS      | $58394729.40  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                      | TENARIS SA                                                   | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    506749 | NS      | $18952412.60  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                             | TERRENO REALTY CORP                                          | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1313304 | NS      | $73636955.28  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BANK                                   | BRL/USD FWD 20250804 DEUTGB2L                                | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              | CORP              | BR        |         1 | NC      | $896402.91    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury Bill                     | UNITED STATES TREASURY BILL                                  | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24000000 | PA      | $23737429.92  | 0.22%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bill                     | UNITED STATES TREASURY BILL                                  | CUSIP: 912797QJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8240000 | PA      | $8198614.60   | 0.08%             | 2025-08-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bill                     | UNITED STATES TREASURY BILL                                  | CUSIP: 912797QU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6376000 | PA      | $6318108.60   | 0.06%             | 2025-09-16      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| Uranium Energy Corp                             | URANIUM ENERGY CORP                                          | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |   4261074 | NS      | $28975303.20  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                              | VALERO ENERGY CORP                                           | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    424293 | NS      | $57033465.06  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                      | VENTAS INC                                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |   2179204 | NS      | $137616732.60 | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                             | VICI PROPERTIES INC                                          | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |   1542916 | NS      | $50299061.60  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                                | VIPER ENERGY INC                                             | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |    536119 | NS      | $20442217.47  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Energy SAB de CV                          | VISTA ENERGY SAB DE CV                                       | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |    269300 | NS      | $12875233.00  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                            | VORNADO REALTY TRUST                                         | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1109403 | NS      | $42423570.72  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                                    | WP CAREY INC                                                 | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |    181336 | NS      | $11311739.68  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                            | WARRIOR MET COAL INC                                         | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |    382495 | NS      | $17529745.85  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                   | WELLTOWER INC                                                | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |   1664983 | NS      | $255957836.59 | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                                 | WEYERHAEUSER CO                                              | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    663313 | NS      | $17040510.97  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                            | WILLIAMS COS INC/THE                                         | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |   1525350 | NS      | $95807233.50  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP                     | AUD/USD FWD 20250715 BNPAFRPP                                | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | AU        |         1 | NC      | $237216.15    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corp                      | INVINCIBLE INVESTMENT CORP                                   | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |     34799 | NS      | $14985477.92  | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Dundee Precious Metals Inc                      | DUNDEE PRECIOUS METALS INC                                   | CUSIP: 000000000<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |    278681 | NS      | $4477723.72   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                                   | GOODMAN GROUP                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   4004903 | NS      | $90289033.83  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                               | KINROSS GOLD CORP                                            | CUSIP: 000000000<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |   1577987 | NS      | $24659124.92  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesdome Gold Mines Ltd                          | WESDOME GOLD MINES LTD                                       | CUSIP: 95083R100<br>LEI: 254900D63U62QS84H719 | Long             | EC               | CORP              | CA        |   1016674 | NS      | $14162882.89  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                | TOTALENERGIES SE                                             | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |   1435867 | NS      | $87764010.55  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Real Estate Holdings Inc                 | NOMURA REAL ESTATE HOLDINGS INC                              | CUSIP: 000000000<br>LEI: 353800UZ91CT24OL9P59 | Long             | EC               | CORP              | JP        |   1778600 | NS      | $10417650.59  | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Impala Platinum Holdings Ltd                    | IMPALA PLATINUM HOLDINGS LTD                                 | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |   6294196 | NS      | $56554943.02  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia SGPS SA                            | GALP ENERGIA SGPS SA                                         | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |   1895771 | NS      | $34703693.96  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Aedifica SA                                     | AEDIFICA SA                                                  | CUSIP: 000000000<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               | CORP              | BE        |    184391 | NS      | $14387914.63  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sovereign Metals Ltd                            | SOVEREIGN METALS LTD                                         | CUSIP: 000000000<br>LEI: 213800NSPXSASTENFQ34 | Long             | EC               | CORP              | AU        |   5106264 | NS      | $2254867.09   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Symrise AG                                      | SYMRISE AG                                                   | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |    178855 | NS      | $18755519.54  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                  | AIR LIQUIDE SA                                               | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |    275157 | NS      | $56737685.02  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Genesis Minerals Ltd                            | GENESIS MINERALS LTD                                         | CUSIP: 000000000<br>LEI: 894500AK5BVRCNP0FP48 | Long             | EC               | CORP              | AU        |   2773874 | NS      | $7974589.39   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoa Phat Group JSC                              | HOA PHAT GROUP JSC                                           | CUSIP: 000000000<br>LEI: 549300ODJEFGL5CWKD32 | Long             | EC               | CORP              | VN        |  80806524 | NS      | $70410885.85  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp                              | FRANCO-NEVADA CORP                                           | CUSIP: 000000000<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |   1089656 | NS      | $178898029.68 | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Arabian Mining Co                         | SAUDI ARABIAN MINING CO                                      | CUSIP: 000000000<br>LEI: 254900R4HAVLB4GY9713 | Long             | EC               | CORP              | SA        |   1064213 | NS      | $15197591.71  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Predictive Discovery Ltd                        | PREDICTIVE DISCOVERY LTD                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |  59522095 | NS      | $15206716.78  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                               | SUNCOR ENERGY INC                                            | CUSIP: 000000000<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |   1384082 | NS      | $51846537.78  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Tourmaline Oil Corp                             | TOURMALINE OIL CORP                                          | CUSIP: 000000000<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |    524700 | NS      | $25315065.17  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution Mining Ltd                            | EVOLUTION MINING LTD                                         | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |    548870 | NS      | $2857579.59   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Aluminium Bahrain BSC                           | ALUMINIUM BAHRAIN BSC                                        | CUSIP: 000000000<br>LEI: 213800YLHRSLSVOHFH73 | Long             | EC               | CORP              | BH        |   3598687 | NS      | $9386659.61   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Ausgold Ltd                                     | AUSGOLD LTD                                                  | CUSIP: 000000000<br>LEI: 894500N1FW604CKRQQ71 | Long             | EC               | CORP              | AU        |   7449854 | NS      | $3166393.76   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore PLC                                    | GLENCORE PLC                                                 | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |  29689967 | NS      | $115691190.00 | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Polyus PJSC                                     | OFAC RESTR POLYUS PJSC                                       | CUSIP: 000000000<br>LEI: 549300FUXVT7TF6ZKV71 | Long             | EC               | CORP              | RU        |    630610 | NS      | $0.81         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Segro PLC                                       | SEGRO PLC                                                    | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               | CORP              | GB        |   5589206 | NS      | $52321371.55  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Properties Ltd                            | SWIRE PROPERTIES LTD                                         | CUSIP: 000000000<br>LEI: 5299001L12PHYVQ92465 | Long             | EC               | CORP              | HK        |   8130000 | NS      | $20322005.20  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Alrosa PJSC                                     | OFAC RESTR ALROSA PJSC                                       | CUSIP: 000000000<br>LEI: 894500DKUWVBYZLLE651 | Long             | EC               | CORP              | RU        |  19084530 | NS      | $24.40        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nippon Prologis REIT Inc                        | NIPPON PROLOGIS REIT INC                                     | CUSIP: 000000000<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               | CORP              | JP        |     24207 | NS      | $13381502.15  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| LEG Immobilien SE                               | LEG IMMOBILIEN SE                                            | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |    196727 | NS      | $17510965.99  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| KION Group AG                                   | KION GROUP AG                                                | CUSIP: 000000000<br>LEI: 5299005KY91C4C6U9H17 | Long             | EC               | CORP              | DE        |    426452 | NS      | $23820655.21  | 0.22%             |  |  |  | No            |                  2 | On Loan: —       |
| SG ISSUER SA                                    | SPX US 09/19/25 P5325                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       938 | NC      | $2523220.00   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SG ISSUER SA                                    | SPX US 08/15/25 P5250                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       536 | NC      | $469000.00    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SG ISSUER SA                                    | SPX US 08/15/25 P5320                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       427 | NC      | $424865.00    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Expro Group Holdings NV                         | EXPRO GROUP HOLDINGS NV                                      | CUSIP: 000000000<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |   1461148 | NS      | $12551261.32  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Railway Co                               | KYUSHU RAILWAY CO                                            | CUSIP: 000000000<br>LEI: 5299002CCI6HLWAN3K50 | Long             | EC               | CORP              | JP        |    857100 | NS      | $22158485.41  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Torex Gold Resources Inc                        | TOREX GOLD RESOURCES INC                                     | CUSIP: 000000000<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |    192933 | NS      | $6293434.08   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Open House Group Co Ltd                         | OPEN HOUSE GROUP CO LTD                                      | CUSIP: 000000000<br>LEI: 529900WQOGPBIJEHW865 | Long             | EC               | CORP              | JP        |    547700 | NS      | $24768219.26  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Ivanhoe Mines Ltd                               | IVANHOE MINES LTD                                            | CUSIP: 000000000<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |   3002127 | NS      | $22553155.29  | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| Capricorn Metals Ltd                            | CAPRICORN METALS LTD                                         | CUSIP: 000000000<br>LEI: 529900CRG304NUYMOV23 | Long             | EC               | CORP              | AU        |   6130410 | NS      | $39047700.54  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnipFMC PLC                                  | TECHNIPFMC PLC                                               | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |   1057634 | NS      | $36424914.96  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ERO Copper Corp                                 | ERO COPPER CORP                                              | CUSIP: 000000000<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |   1730336 | NS      | $29225429.04  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Wheaton Precious Metals Corp                    | WHEATON PRECIOUS METALS CORP                                 | CUSIP: 000000000<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |   1834848 | NS      | $165004946.63 | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Yellow Cake PLC                                 | YELLOW CAKE PLC                                              | CUSIP: 000000000<br>LEI: 213800CVMYUGOA9EZY95 | Long             | EC               | CORP              | JE        |   1155883 | NS      | $8349338.79   | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| Kojamo Oyj                                      | KOJAMO OYJ                                                   | CUSIP: 000000000<br>LEI: 7437007YPUOQZ8OV1R42 | Long             | EC               | CORP              | FI        |   2761935 | NS      | $35879691.20  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| NAC Kazatomprom JSC                             | NAC KAZATOMPROM JSC                                          | CUSIP: 000000000<br>LEI: 5493008JG5TXJP2JSY44 | Long             | EC               | CORP              | KZ        |    533180 | NS      | $23088874.92  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                                   | AKZO NOBEL NV                                                | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |    263945 | NS      | $18519349.80  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Warehouses De Pauw CVA                          | WAREHOUSES DE PAUW CVA                                       | CUSIP: 000000000<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               | CORP              | BE        |   1457023 | NS      | $35693001.20  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| NGEx Minerals Ltd                               | NGEX MINERALS LTD                                            | CUSIP: 000000000<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |   1863810 | NS      | $21762128.88  | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| Ora Banda Mining Ltd                            | ORA BANDA MINING LTD                                         | CUSIP: 000000000<br>LEI: 984500DAD3BDFDHBD844 | Long             | EC               | CORP              | AU        |  12948606 | NS      | $6634419.85   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinox Gold Corp                               | EQUINOX GOLD CORP                                            | CUSIP: 000000000<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |    668883 | NS      | $3860781.21   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Artemis Gold Inc                                | ARTEMIS GOLD INC                                             | CUSIP: 04302L100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   2047945 | NS      | $37251769.89  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Sibanye Stillwater Ltd                          | SIBANYE STILLWATER LTD                                       | CUSIP: 000000000<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |   7349968 | NS      | $13385294.46  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Champion Iron Ltd                               | CHAMPION IRON LTD                                            | CUSIP: 000000000<br>LEI: 894500WQI96G4T75O202 | Long             | EC               | CORP              | AU        |   4518369 | NS      | $12448459.55  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Weatherford International PLC                   | WEATHERFORD INTERNATIONAL PLC                                | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |    386456 | NS      | $19442601.36  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Scentre Group                                   | SCENTRE GROUP                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   9240721 | NS      | $21703833.21  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Turaco Gold Ltd                                 | TURACO GOLD LTD                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   7789489 | NS      | $2324751.34   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Skeena Resources Ltd                            | SKEENA RESOURCES LTD                                         | CUSIP: 000000000<br>LEI: 549300DCWSQFVVZ21289 | Long             | EC               | CORP              | CA        |   2997297 | NS      | $47675015.99  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Energy Group Ltd                       | WOODSIDE ENERGY GROUP LTD                                    | CUSIP: 000000000<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |   1967315 | NS      | $30388938.57  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Capstone Copper Corp                            | CAPSTONE COPPER CORP                                         | CUSIP: 000000000<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |   5040761 | NS      | $30946034.12  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Northam Platinum Holdings Ltd                   | NORTHAM PLATINUM HOLDINGS LTD                                | CUSIP: 000000000<br>LEI: 3789009D0712C7101695 | Long             | EC               | CORP              | ZA        |   1264625 | NS      | $13748545.76  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| South Bow Corp                                  | SOUTH BOW CORP                                               | CUSIP: 000000000<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |    801659 | NS      | $20810461.28  | 0.19%             |  |  |  | No            |                  2 | On Loan: —       |
| Endeavour Mining PLC                            | ENDEAVOUR MINING PLC                                         | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |    644851 | NS      | $19884188.35  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Snowline Gold Corp                              | SNOWLINE GOLD CORP                                           | CUSIP: 000000000<br>LEI: 529900VVFSE66NAIST38 | Long             | EC               | CORP              | CA        |   2844715 | NS      | $17464158.18  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Barrick Mining Corp                             | BARRICK MINING CORP                                          | CUSIP: 000000000<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |   1377203 | NS      | $28671712.91  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexus Select Trust                              | NEXUS SELECT TRUST                                           | CUSIP: 000000000<br>LEI: 3358005ZHLYHK1WZGL78 | Long             | EC               | CORP              | IN        |   7607838 | NS      | $12404027.75  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantage Energy Ltd                            | ADVANTAGE ENERGY LTD                                         | CUSIP: 000000000<br>LEI: 549300WK5YRPOB2DTT64 | Long             | EC               | CORP              | CA        |    128856 | NS      | $1119417.28   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Core REIT Management Pte Ltd            | DIGITAL CORE REIT MANAGEMENT PTE LTD                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |  14408100 | NS      | $7636817.61   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                                       | LINDE PLC                                                    | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |    199548 | NS      | $93623930.64  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Physical Uranium Trust                   | SPROTT PHYSICAL URANIUM TRUST                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | CA        |    443500 | NS      | $8304938.50   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                       | SHELL PLC                                                    | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   4088574 | NS      | $142648519.89 | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| OR Royalties Inc                                | OR ROYALTIES INC                                             | CUSIP: 000000000<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |   2224991 | NS      | $57187211.31  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Steel Ltd                                  | TATA STEEL LTD                                               | CUSIP: 000000000<br>LEI: 335800E6C75YGSGD5T66 | Long             | EC               | CORP              | IN        |  15817010 | NS      | $29500099.30  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Syensqo SA                                      | SYENSQO SA                                                   | CUSIP: 000000000<br>LEI: 549300060XNJ90PLNS10 | Long             | EC               | CORP              | BE        |    157703 | NS      | $12216358.13  | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Greatland Resources Ltd                         | GREATLAND RESOURCES LTD                                      | CUSIP: 000000000<br>LEI: 213800KQI75ZGE53GX44 | Long             | EC               | CORP              | AU        |    404517 | NS      | $1832360.22   | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Robex Resources Inc                             | ROBEX RESOURCES INC                                          | CUSIP: 000000000<br>LEI: 529900UBILRW1I57HF58 | Long             | EC               | CORP              | CA        |    871090 | NS      | $2063908.38   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Robex Resources Inc                             | ROBEX RESOURCES INC                                          | CUSIP: 000000000<br>LEI: 529900UBILRW1I57HF58 | Long             | EC               | CORP              | CA        |    777250 | NS      | $1883550.58   | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Shurgard Self Storage Ltd                       | SHURGARD SELF STORAGE LTD                                    | CUSIP: 000000000<br>LEI: 549300J0UEIKU81XO336 | Long             | EC               | CORP              | GG        |    576142 | NS      | $25169621.69  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Meridian Mining UK Societas                     | MERIDIAN MINING UK SOCIETAS                                  | CUSIP: 000000000<br>LEI: 984500EB404A37FD8886 | Long             | EC               | CORP              | NL        |   4104710 | NS      | $2381289.44   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Newmont Corp                                    | NEWMONT CORP                                                 | CUSIP: 000000000<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    374942 | NS      | $21867201.46  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglogold Ashanti Plc                           | ANGLOGOLD ASHANTI PLC                                        | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |   1754710 | NS      | $80157759.82  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| G Mining Ventures Corp                          | G MINING VENTURES CORP                                       | CUSIP: 000000000<br>LEI: 894500N5AZEQU0BLOT06 | Long             | EC               | CORP              | CA        |   2885929 | NS      | $37680791.35  | 0.35%             |  |  |  | No            |                  2 | On Loan: —       |
| Keppel DC REIT                                  | KEPPEL DC REIT                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |  15103200 | NS      | $27685213.23  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American PLC                              | ANGLO AMERICAN PLC                                           | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |   2701327 | NS      | $79629440.48  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Lundin Gold Inc                                 | LUNDIN GOLD INC                                              | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |    630965 | NS      | $33314766.66  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Valterra Platinum Ltd                           | VALTERRA PLATINUM LTD                                        | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |    304681 | NS      | $13383051.99  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Amrize Ltd                                      | AMRIZE LTD                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |    313325 | NS      | $15629722.73  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                              | CELLNEX TELECOM SA                                           | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |    558485 | NS      | $21746421.71  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                | ARCELORMITTAL SA                                             | CUSIP: 000000000<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |    832365 | NS      | $26431177.18  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA                                         | SPIE SA                                                      | CUSIP: 000000000<br>LEI: 969500TJNS5GSFWJ8X85 | Long             | EC               | CORP              | FR        |    243498 | NS      | $13692018.94  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamos Gold Inc                                 | ALAMOS GOLD INC                                              | CUSIP: 000000000<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |   2686634 | NS      | $71459433.43  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| JSW Steel Ltd                                   | JSW STEEL LTD                                                | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | EC               | CORP              | IN        |   1405369 | NS      | $16739445.05  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                              | NOK/USD FWD 20250715 UBSWGB2L                                | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | NO        |         1 | NC      | $65395.48     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES INC                             | GBP/USD FWD 20250715 MRMDUS33                                | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | GB        |         1 | NC      | $2875936.75   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK N A                                    | KRW/USD FWD 20250715 CITIGB2L                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | KR        |         1 | NC      | $256903.38    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CME E-MINI STANDARD & POOR'S 500 INDEX FUTURE   | S&P500 EMINI FUT  SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -252 | NC      | $-2506550.87  | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| CME E-MINI STANDARD & POOR'S 500 INDEX FUTURE   | S&P500 EMINI FUT  SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -163 | NC      | $-1621300.76  | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                                | BRL/USD FWD 20250702 SOGEFRPP                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              | CORP              | BR        |         1 | NC      | $1240124.80   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC.                    | BRL/USD FWD 20250804 WFBIUS6W                                | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | BR        |         1 | NC      | $483769.23    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | XAV  HEALTH CARE  SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       325 | NC      | $-346722.54   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | XAI EMINI INDUSTR SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       274 | NC      | $1247443.78   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | XAP CONS STAPLES  SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       498 | NC      | $2144.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC.                    | BRL/USD FWD 20250702 WFBIUS6W                                | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | BR        |         1 | NC      | $-504190.44   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ICE US MSCI EMERGING MARKETS EM INDEX FUTURES   | MSCI EMGMKT       SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -118 | NC      | $-161522.08   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | LCH - USD ZCIS 4/28/55 REC CPI_C                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DO               | CORP              | US        |         1 | NC      | $267737.93    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | LCH - USD ZCIS 4/29/55 REC CPI_C                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DO               | CORP              | US        |         1 | NC      | $300175.31    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | LCH - USD ZCIS 4/29/55 REC CPI_C                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DO               | CORP              | US        |         1 | NC      | $299115.80    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | LCH - USD ZCIS 4/29/55 REC CPI_C                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DO               | CORP              | US        |         1 | NC      | $338761.11    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC - Wholesale (SING)            | TRY/USD FWD 20250714 BARCGB5G                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              | CORP              | TR        |         1 | NC      | $1048874.97   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO                              | EUR/USD FWD 20250715 GSILGB2X                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $5263018.18   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES INC                             | CNH/USD FWD 20250715 MRMDUS33                                | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | CN        |         1 | NC      | $35136.55     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | KOBOLD METALS SER B-PRIME CVT PFD STOCK                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    464875 | NS      | $39492386.41  | 0.37%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | KOBOLD METALS SR B-PRIME-1 PRTVT CVT PFD                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    141490 | NS      | $12019957.52  | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | JETTI HOLDINGS SER D CVT PFD STOCK PP                        | CUSIP: TC268FIM0<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    252242 | NS      | $33520943.86  | 0.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | ENERGY RESERVOIR HLDG LLC TAX BLOCKER PP                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2530088 | NS      | $1366247.52   | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | JETTI HOLDINGS SER C CVT PFD STOCK PP                        | CUSIP: TC2S64YY5<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     64540 | NS      | $6861247.40   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | ENERGY RESERVOIR 2022 CL A-3 PREFEQ PP                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    141772 | NS      | $161620.08    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | SORTERA TECH SER C-1 CVT PFD STOCK PP                        | CUSIP: TC3IWOQO4<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    305757 | NS      | $4213884.88   | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FARMERS BUSINESS NETWORK INC                    | FARMERS BUSINESS NETWORK INC CVT SR D PP                     | CUSIP: 000000000<br>LEI: 5493003KO0NA75DM0Y81 | Long             | EP               | CORP              | US        |     39365 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | VERAI DISCOVERIES SR A1 CVT PFD                              | CUSIP: TC58P4SD8<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     62199 | NS      | $2815269.80   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | TONIAN HOLDINGS NON-VOTING CVT PFD                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    699536 | NS      | $909396.80    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lilac Solutions Inc                             | LILAC SOLUNTIONS SER C-1                                     | CUSIP: 000000000<br>LEI: 2549003PYCNMV1SNZ851 | Long             | EC               | CORP              | US        |    234786 | NS      | $2122465.44   | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | TONIAN HOLDINGS VOTING CVT PFD UNITS                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    983766 | NS      | $1278895.80   | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lilac Solutions Inc                             | LILAC SOLUTIONS SERIES B CVT PFD STOCK P                     | CUSIP: TC6T8T2V3<br>LEI: 2549003PYCNMV1SNZ851 | Long             | EP               | CORP              | US        |    696477 | NS      | $6470271.33   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FARMERS BUSINESS NETWORK INC                    | Farmers Business Network Inc PP                              | CUSIP: TC7HUI213<br>LEI: 5493003KO0NA75DM0Y81 | Long             | EC               | CORP              | US        |    107511 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | FORM ENERGY SER F CVT PFD PP                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    318116 | NS      | $7693285.53   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | KOBOLD METALS SER B-1 CVT PFD STOCK PP                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    666457 | NS      | $56617321.58  | 0.53%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                             | VERAI DISCOVERIES SER A CVT PFD STK PP                       | CUSIP: TC9MMU7R0<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    121855 | NS      | $5515437.57   | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TSE TOPIX (TOKYO PRICE INDEX) FUTURE            | TOPIX INDX FUTR   SEP25                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | JP        |       138 | NC      | $525611.29    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-04

**Name of Applicant:** T. ROWE PRICE REAL ASSETS FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President