# EDGAR Filing Document

**Accession Number:** 0001284812
**File Stem:** 0001193125-26-225177
**Filing Date:** 2026-5
**Character Count:** 48679
**Document Hash:** 03235b91ef5cae28e6c06da7b3733c52
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-225177.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001193125-26-225177

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COHEN & STEERS, INC.
- **CENTRAL INDEX KEY:** 0001284812
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 141904657
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11197
- **FILM NUMBER:** 26982008

**BUSINESS ADDRESS:**
- **STREET 1:** 1166 AVENUE OF THE AMERICAS
- **STREET 2:** 30TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212 832 3232

**MAIL ADDRESS:**
- **STREET 1:** 1166 AVENUE OF THE AMERICAS
- **STREET 2:** 30TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COHEN & STEERS INC
- **DATE OF NAME CHANGE:** 20040324

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** COHEN  STEERS INC.<br>**Address:** 1166 AVENUE OF THE AMERICAS<br>30th Floor<br>NEW YORK, NY 10036

**Form 13F File Number:** 028-11197

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Nargis Hilal<br>**Title:** SVP Global CCO  Associate General Counsel<br>**Phone:** 212-832-3232

**Signature, Place, and Date of Signing:**

/s/ Nargis Hilal  New York, NY  05-15-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 442

**Form 13F Information Table Value Total:** $57573138

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                           | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | Russell Investments Group Ltd. | 028-17598              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 |  | 205 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| AbbVie Inc. | COM | 00287Y109 |  | 370 | 1700 | SH |  | SOLE | 1 | 0 | 0 | 1700 |
| Abrdn Bloomberg All Commodit | COM | 003261203 |  | 847 | 23678 | SH |  | SOLE | 1 | 23678 | 0 | 0 |
| Acadia Realty Trust | COM | 004239109 |  | 311041 | 16267828 | SH |  | SOLE | 1 | 11752520 | 0 | 4515308 |
| Adams Express Co | COM | 006212104 |  | 24553 | 1121635 | SH |  | SOLE | 1 | 1121635 | 0 | 0 |
| Adams Natural Resources Fund | COM | 00548F105 |  | 5059 | 181985 | SH |  | SOLE | 1 | 181985 | 0 | 0 |
| Adobe Systems Incorporated | COM | 00724F101 |  | 146 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| Advanced Micro Devic | COM | 007903107 |  | 285 | 1400 | SH |  | SOLE | 1 | 0 | 0 | 1400 |
| Aecom Technology Cor | COM | 00766T100 |  | 93 | 1100 | SH |  | SOLE | 1 | 0 | 0 | 1100 |
| Aflac Incorporated | COM | 001055102 |  | 143 | 1300 | SH |  | SOLE | 1 | 0 | 0 | 1300 |
| Agco Corp. | COM | 001084102 |  | 13427 | 115880 | SH |  | SOLE | 1 | 115880 | 0 | 0 |
| Agnico Eagle Mines Ltd | COM | 008474108 |  | 18070 | 89026 | SH |  | SOLE | 1 | 88126 | 0 | 900 |
| Agree Realty Corp. | COM | 008492100 |  | 1346615 | 17864344 | SH |  | SOLE | 12 | 13697479 | 0 | 4166865 |
| Alcoa Corp | COM | 013872106 |  | 385 | 5806 | SH |  | SOLE | 1 | 5806 | 0 | 0 |
| Alliance National Muni Inc. | COM | 01864U106 |  | 834 | 78000 | SH |  | SOLE | 1 | 78000 | 0 | 0 |
| Alliant Energy Corporation | COM | 018802108 |  | 235104 | 3276260 | SH |  | SOLE | 12 | 3154107 | 0 | 122153 |
| Allspring Income Opportunities Fund | COM | 94987B105 |  | 5604 | 864743 | SH |  | SOLE | 1 | 864743 | 0 | 0 |
| Alphabet Inc CL A | COM | 02079K305 |  | 2588 | 9000 | SH |  | SOLE | 1 | 0 | 0 | 9000 |
| Altria Group Inc. | COM | 02209S103 |  | 231 | 3500 | SH |  | SOLE | 1 | 0 | 0 | 3500 |
| Amazon.com Inc. | COM | 023135106 |  | 1395 | 6700 | SH |  | SOLE | 1 | 0 | 0 | 6700 |
| Ameren Corporation | COM | 023608102 |  | 200966 | 1828297 | SH |  | SOLE | 12 | 1772742 | 0 | 55555 |
| American Electric Power Company Inc. | COM | 025537101 |  | 180 | 1375 | SH |  | SOLE | 1 | 0 | 0 | 1375 |
| American Homes 4 Rent-CL | COM | 02665T306 |  | 68 | 2447 | SH |  | SOLE | 1 | 2447 | 0 | 0 |
| American Tower Corporation | COM | 03027X100 |  | 2177938 | 12619866 | SH |  | SOLE | 12 | 11985075 | 0 | 634791 |
| American Water Works Company Inc. | COM | 030420103 |  | 35455 | 260526 | SH |  | SOLE | 12 | 255065 | 0 | 5461 |
| Americold Realty Trust | COM | 03064D108 |  | 0 | 7 | SH |  | SOLE | 1 | 7 | 0 | 0 |
| Ameriprise Financial Inc. | COM | 03076C106 |  | 156 | 350 | SH |  | SOLE | 1 | 0 | 0 | 350 |
| AMETEK Inc. | COM | 031100100 |  | 171 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| Antero Resources Corporation | COM | 03674X106 |  | 6691 | 157648 | SH |  | SOLE | 1 | 157648 | 0 | 0 |
| Anthem Inc. | COM | 036752103 |  | 64 | 220 | SH |  | SOLE | 1 | 0 | 0 | 220 |
| Apple Hospitality REIT Inc | COM | 03784Y200 |  | 693 | 60206 | SH |  | SOLE | 1 | 60206 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 3045 | 12000 | SH |  | SOLE | 1 | 0 | 0 | 12000 |
| Applied Materials Inc. | COM | 038222105 |  | 342 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Applovin Corp-Class A | COM | 03831W108 |  | 199 | 500 | SH |  | SOLE | 1 | 0 | 0 | 500 |
| Archer-Daniels-Midland Company | COM | 039483102 |  | 6458 | 88843 | SH |  | SOLE | 1 | 86343 | 0 | 2500 |
| Arko Petroleum Corp | COM | 04124A100 |  | 19530 | 1091697 | SH |  | SOLE | 1 | 1091697 | 0 | 0 |
| Astera Labs Inc | COM | 04626A103 |  | 581 | 5300 | SH |  | SOLE | 1 | 4500 | 0 | 800 |
| Atmos Energy Corp. | COM | 049560105 |  | 147821 | 800246 | SH |  | SOLE | 12 | 766950 | 0 | 33296 |
| Automatic Data Processing Inc. | COM | 053015103 |  | 134 | 660 | SH |  | SOLE | 1 | 0 | 0 | 660 |
| AvalonBay Communities Inc | COM | 053484101 |  | 14097 | 86297 | SH |  | SOLE | 1 | 119 | 0 | 86178 |
| Avenue Income Credit Strategy | COM | 003057106 |  | 3598 | 705500 | SH |  | SOLE | 1 | 705500 | 0 | 0 |
| Avery Dennison Corporation | COM | 053611109 |  | 155 | 900 | SH |  | SOLE | 1 | 0 | 0 | 900 |
| Babson Cap Global | COM | 06760L100 |  | 2541 | 186013 | SH |  | SOLE | 1 | 186013 | 0 | 0 |
| Bank of America 7.25 CV Pfd. L | PFD | 060505682 |  | 238 | 200 | SH |  | SOLE | 1 | 200 | 0 | 0 |
| Barrick Mining Corp | COM | 06849F108 |  | 18003 | 441353 | SH |  | SOLE | 1 | 441353 | 0 | 0 |
| Berkshire Hathaway Inc. | COM | 084670702 |  | 527 | 1100 | SH |  | SOLE | 1 | 0 | 0 | 1100 |
| Black Hills Corp | COM | 092113109 |  | 88031 | 1268274 | SH |  | SOLE | 12 | 1211512 | 0 | 56762 |
| Blackrock Capital Allocation | COM | 09260U109 |  | 23281 | 1647657 | SH |  | SOLE | 1 | 1647657 | 0 | 0 |
| Blackrock Corporate High Yield Fund 6 | COM | 09255P107 |  | 8098 | 950417 | SH |  | SOLE | 1 | 950417 | 0 | 0 |
| BlackRock Credit Allocation Income Trust | COM | 092508100 |  | 3343 | 331022 | SH |  | SOLE | 1 | 331022 | 0 | 0 |
| Blackrock Enh Cap And Inc | COM | 09256A109 |  | 1797 | 85487 | SH |  | SOLE | 1 | 85487 | 0 | 0 |
| Blackrock Esg Capital Alloca | COM | 09262F100 |  | 11796 | 868615 | SH |  | SOLE | 1 | 868615 | 0 | 0 |
| Blackrock Glbl Flt Rt Inc Tr | COM | 091941104 |  | 1096 | 101865 | SH |  | SOLE | 1 | 101865 | 0 | 0 |
| Blackrock Inc. | COM | 09290D101 |  | 221 | 230 | SH |  | SOLE | 1 | 0 | 0 | 230 |
| Blackrock Limited Duration Income Trust | COM | 09249W101 |  | 4681 | 371801 | SH |  | SOLE | 1 | 371801 | 0 | 0 |
| BlackRock Multi-Sector Inc Tst | COM | 09258A107 |  | 1002 | 80000 | SH |  | SOLE | 1 | 80000 | 0 | 0 |
| BlackRock Muni Target Term Tr | COM | 09257P105 |  | 2111 | 93000 | SH |  | SOLE | 1 | 93000 | 0 | 0 |
| Blackrock Muniassets Fund | COM | 09254J102 |  | 857 | 80760 | SH |  | SOLE | 1 | 80760 | 0 | 0 |
| BlackRock MuniHoldings Fd Inc | COM | 09253N104 |  | 2741 | 243007 | SH |  | SOLE | 1 | 243007 | 0 | 0 |
| Blackrock Muniyield Insured | COM | 09254E103 |  | 4122 | 392152 | SH |  | SOLE | 1 | 392152 | 0 | 0 |
| Blackrock Muniyield Quality | COM | 09254F100 |  | 2542 | 231524 | SH |  | SOLE | 1 | 231524 | 0 | 0 |
| Blackstone/GSO Long-Short CR | COM | 09257D102 |  | 1635 | 149996 | SH |  | SOLE | 1 | 149996 | 0 | 0 |
| Bluerock Private Real Estate | COM | 09631P102 |  | 1661 | 100000 | SH |  | SOLE | 1 | 100000 | 0 | 0 |
| Book Holdings Inc | COM | 09857L108 |  | 211 | 50 | SH |  | SOLE | 1 | 0 | 0 | 50 |
| Boulder Growth  Income Fund Inc. | COM | 101507101 |  | 5064 | 296158 | SH |  | SOLE | 1 | 296158 | 0 | 0 |
| Bowhead Specialty Holdings I | COM | 10240L102 |  | 628 | 28000 | SH |  | SOLE | 1 | 28000 | 0 | 0 |
| Boyd Gaming Corp. | COM | 103304101 |  | 203027 | 2470510 | SH |  | SOLE | 1 | 2146125 | 0 | 324385 |
| Bristol-Myers Squibb Company | COM | 110122108 |  | 364 | 6000 | SH |  | SOLE | 1 | 0 | 0 | 6000 |
| Broadcom Inc | COM | 11135F101 |  | 1145 | 3700 | SH |  | SOLE | 1 | 0 | 0 | 3700 |
| Bunge Global Sa | COM | H11356104 |  | 28416 | 223398 | SH |  | SOLE | 1 | 223398 | 0 | 0 |
| BXP Inc. | COM | 101121101 |  | 1082080 | 20849327 | SH |  | SOLE | 12 | 15197552 | 0 | 5651775 |
| Caesars Entertainment Inc | COM | 12769G100 |  | 322768 | 12212160 | SH |  | SOLE | 12 | 11501225 | 0 | 710935 |
| Calamos Convertible  High Income Fund | COM | 12811P108 |  | 5472 | 502484 | SH |  | SOLE | 1 | 502484 | 0 | 0 |
| Calamos Convertible Opp | COM | 128117108 |  | 591 | 55000 | SH |  | SOLE | 1 | 55000 | 0 | 0 |
| Calamos Global Total Return | COM | 128118106 |  | 719 | 64457 | SH |  | SOLE | 1 | 64457 | 0 | 0 |
| Cameco Corp | COM | 13321L108 |  | 12060 | 111042 | SH |  | SOLE | 1 | 111042 | 0 | 0 |
| Caretrust REIT Inc | COM | 14174T107 |  | 439191 | 11983376 | SH |  | SOLE | 12 | 9200883 | 0 | 2782493 |
| Carlisle Corp | COM | 142339100 |  | 200 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| Carrier Global Corp | COM | 14448C104 |  | 225 | 4000 | SH |  | SOLE | 1 | 0 | 0 | 4000 |
| Caterpillar Inc. | COM | 149123101 |  | 638 | 900 | SH |  | SOLE | 1 | 0 | 0 | 900 |
| Cboe Global Markets Inc | COM | 12503M108 |  | 112 | 400 | SH |  | SOLE | 1 | 0 | 0 | 400 |
| Cencora Inc | COM | 03073E105 |  | 94 | 300 | SH |  | SOLE | 1 | 0 | 0 | 300 |
| CenterPoint Energy Inc. | COM | 15189T107 |  | 139705 | 3236906 | SH |  | SOLE | 12 | 3110353 | 0 | 126553 |
| Central Securities Corp | COM | 155123102 |  | 2185 | 44000 | SH |  | SOLE | 1 | 44000 | 0 | 0 |
| Centrus Energy Corp | COM | 15643U104 |  | 4633 | 26692 | SH |  | SOLE | 1 | 26692 | 0 | 0 |
| Century Alum Co | COM | 156431108 |  | 6936 | 118183 | SH |  | SOLE | 1 | 118183 | 0 | 0 |
| Cheniere Energy Inc. | COM | 16411R208 |  | 64043 | 225694 | SH |  | SOLE | 12 | 221675 | 0 | 4019 |
| Chevron Corporation | COM | 166764100 |  | 2045 | 9884 | SH |  | SOLE | 1 | 7184 | 0 | 2700 |
| Chn  Strs Prfr A I Op A Etf | COM | 19249U203 |  | 19944 | 778000 | SH |  | SOLE | 1 | 778000 | 0 | 0 |
| Cintas Corporation | COM | 172908105 |  | 101 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| Circle Internet Group Inc | COM | 172573107 |  | 286 | 3000 | SH |  | SOLE | 1 | 3000 | 0 | 0 |
| Cisco Systems Inc. | COM | 17275R102 |  | 303 | 3900 | SH |  | SOLE | 1 | 0 | 0 | 3900 |
| CME Group Inc. | COM | 12572Q105 |  | 148 | 500 | SH |  | SOLE | 1 | 0 | 0 | 500 |
| Coeur D Alene Mines Cor | COM | 192108504 |  | 7441 | 396407 | SH |  | SOLE | 1 | 396407 | 0 | 0 |
| Cognizant Technology Solutions Corporation | COM | 192446102 |  | 123 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| Cohen  Steers Infra Opp Etf | COM | 19249U500 |  | 16228 | 585000 | SH |  | SOLE | 1 | 585000 | 0 | 0 |
| Cohen  Steers Nat Res A Etf | COM | 19249U302 |  | 21984 | 585000 | SH |  | SOLE | 1 | 585000 | 0 | 0 |
| Cohen  Steers Real Es A Etf | COM | 19249U104 |  | 10315 | 392500 | SH |  | SOLE | 1 | 392500 | 0 | 0 |
| Cohen  Steers Short Dp Etf | COM | 19249U401 |  | 19667 | 787000 | SH |  | SOLE | 1 | 787000 | 0 | 0 |
| Columbia Selig Prem Tech Equity | COM | 19842X109 |  | 1138 | 30000 | SH |  | SOLE | 1 | 30000 | 0 | 0 |
| Comcast Corporation | COM | 20030N101 |  | 115 | 4000 | SH |  | SOLE | 1 | 0 | 0 | 4000 |
| Concentra Group Holdings Par | COM | 20603L102 |  | 438 | 20420 | SH |  | SOLE | 1 | 20420 | 0 | 0 |
| Conocophillips | COM | 20825C104 |  | 35179 | 266504 | SH |  | SOLE | 1 | 266504 | 0 | 0 |
| Consolidated Edison Inc. | COM | 209115104 |  | 136 | 1200 | SH |  | SOLE | 1 | 0 | 0 | 1200 |
| Constellation Energy Corp | COM | 21037T109 |  | 20565 | 73645 | SH |  | SOLE | 1 | 44591 | 0 | 29054 |
| Core Natural Resources Inc. | COM | 218937100 |  | 3204 | 30594 | SH |  | SOLE | 1 | 30594 | 0 | 0 |
| Cornerstone Strategic Value Fund Inc | COM | 21924B302 |  | 4586 | 629931 | SH |  | SOLE | 1 | 629931 | 0 | 0 |
| Cornerstone Total Return Fund Inc | COM | 21924U300 |  | 1877 | 270000 | SH |  | SOLE | 1 | 270000 | 0 | 0 |
| Corning Incorporated | COM | 219350105 |  | 136 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Corteva Inc-W/I | COM | 22052L104 |  | 18662 | 222941 | SH |  | SOLE | 1 | 221441 | 0 | 1500 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 149 | 150 | SH |  | SOLE | 1 | 0 | 0 | 150 |
| Cousins Properties Inc. | COM | 222795502 |  | 1701 | 75383 | SH |  | SOLE | 1 | 75383 | 0 | 0 |
| Crh Plc | COM | G25508105 |  | 158 | 1500 | SH |  | SOLE | 1 | 0 | 0 | 1500 |
| Crown Castle Inc. | COM | 22822V101 |  | 3282026 | 40364357 | SH |  | SOLE | 12 | 32729343 | 0 | 7635014 |
| CSX Corporation | COM | 126408103 |  | 337809 | 8229214 | SH |  | SOLE | 12 | 8019053 | 0 | 210161 |
| Curbline Properties Corp | COM | 23128Q101 |  | 77079 | 2988720 | SH |  | SOLE | 1 | 0 | 0 | 2988720 |
| Danaher Corporation | COM | 235851102 |  | 131 | 690 | SH |  | SOLE | 1 | 0 | 0 | 690 |
| Darden Restaurants Inc. | COM | 237194105 |  | 118 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| Deckers Outdoor Corp | COM | 243537107 |  | 120 | 1200 | SH |  | SOLE | 1 | 0 | 0 | 1200 |
| Delek Logistics Partners Lp | COM | 24664T103 |  | 9481 | 190528 | SH |  | SOLE | 1 | 190528 | 0 | 0 |
| Denison Mines Corp | COM | 248356107 |  | 4399 | 1246072 | SH |  | SOLE | 1 | 1246072 | 0 | 0 |
| Devon Energy Corporation | COM | 25179M103 |  | 2984 | 59298 | SH |  | SOLE | 1 | 59298 | 0 | 0 |
| Diamondrock Hospitality Co. | COM | 252784301 |  | 93981 | 10029993 | SH |  | SOLE | 1 | 9610246 | 0 | 419747 |
| Digital Realty Trust Inc. | COM | 253868103 |  | 5077861 | 28177457 | SH |  | SOLE | 12 | 21556508 | 0 | 6620949 |
| DNP Select Income Fund | COM | 23325P104 |  | 9185 | 891770 | SH |  | SOLE | 1 | 891770 | 0 | 0 |
| Docusign Inc | COM | 256163106 |  | 66 | 1400 | SH |  | SOLE | 1 | 0 | 0 | 1400 |
| Dominion Resources Inc. | COM | 25746U109 |  | 120674 | 1952024 | SH |  | SOLE | 12 | 1921619 | 0 | 30405 |
| Doubleline Income Solutions | COM | 258622109 |  | 4646 | 428993 | SH |  | SOLE | 1 | 428993 | 0 | 0 |
| Doubleline Yield Opport | COM | 25862D105 |  | 2436 | 175007 | SH |  | SOLE | 1 | 175007 | 0 | 0 |
| Dreyfus Strategic Municipal Bond Fund | COM | 09662E109 |  | 301 | 50000 | SH |  | SOLE | 1 | 50000 | 0 | 0 |
| Dreyfus Strategic Municipals | COM | 05588W108 |  | 1877 | 298400 | SH |  | SOLE | 1 | 298400 | 0 | 0 |
| Dt Midstream Inc | COM | 23345M107 |  | 2045 | 15182 | SH |  | SOLE | 1 | 15182 | 0 | 0 |
| DTE Energy Company | COM | 233331107 |  | 146898 | 1004636 | SH |  | SOLE | 12 | 958350 | 0 | 46286 |
| Duff  Phelps Global Utility | COM | 26433C105 |  | 7781 | 538869 | SH |  | SOLE | 1 | 538869 | 0 | 0 |
| Duke Energy Corporation | COM | 26441C204 |  | 211465 | 1614973 | SH |  | SOLE | 12 | 1581302 | 0 | 33671 |
| DWS Municipal Income Trust | COM | 233368109 |  | 819 | 90000 | SH |  | SOLE | 1 | 90000 | 0 | 0 |
| Eastgroup Properties Inc. | COM | 277276101 |  | 678754 | 3667151 | SH |  | SOLE | 12 | 2240643 | 0 | 1426508 |
| Eaton Vance Enh Eqt Inc Ii | COM | 278277108 |  | 2647 | 129355 | SH |  | SOLE | 1 | 129355 | 0 | 0 |
| Eaton Vance Floating Rate Income Trust | COM | 278279104 |  | 1580 | 147240 | SH |  | SOLE | 1 | 147240 | 0 | 0 |
| Eaton Vance Insured Muni Bnd | COM | 27827X101 |  | 1630 | 166840 | SH |  | SOLE | 1 | 166840 | 0 | 0 |
| Eaton Vance Limited Duration Fund | COM | 27828H105 |  | 3548 | 375463 | SH |  | SOLE | 1 | 375463 | 0 | 0 |
| Eaton Vance Risk-Managed Diversified Equity Income | COM | 27829G106 |  | 1972 | 241380 | SH |  | SOLE | 1 | 241380 | 0 | 0 |
| Eaton Vance Sr Fltg Rate Trust | COM | 27828Q105 |  | 3720 | 352902 | SH |  | SOLE | 1 | 352902 | 0 | 0 |
| Eaton Vance T/A Global Dividend Income | COM | 27828S101 |  | 2593 | 128868 | SH |  | SOLE | 1 | 128868 | 0 | 0 |
| Eaton Vance T/M Buy-Wr In | COM | 27828X100 |  | 1023 | 70963 | SH |  | SOLE | 1 | 70963 | 0 | 0 |
| Eaton Vance T/M Buy-Write Opportunity | COM | 27828Y108 |  | 1380 | 100931 | SH |  | SOLE | 1 | 100931 | 0 | 0 |
| Eaton Vance Tax Adv Global Dividend O | COM | 27828U106 |  | 400 | 15000 | SH |  | SOLE | 1 | 15000 | 0 | 0 |
| Eaton Vance Tax Man Global Br | COM | 27829C105 |  | 922 | 105000 | SH |  | SOLE | 1 | 105000 | 0 | 0 |
| Eaton Vance Tax-Managed Dividend | COM | 27828N102 |  | 4283 | 310617 | SH |  | SOLE | 1 | 310617 | 0 | 0 |
| Eaton Vance Tax-Managed Global | COM | 27829F108 |  | 9093 | 1049977 | SH |  | SOLE | 1 | 1049977 | 0 | 0 |
| Ebay Inc | COM | 278642103 |  | 228 | 2500 | SH |  | SOLE | 1 | 0 | 0 | 2500 |
| Edison International | COM | 281020107 |  | 49004 | 669640 | SH |  | SOLE | 1 | 669640 | 0 | 0 |
| Eli Lilly and Company | COM | 532457108 |  | 552 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| Emcor Group Inc | COM | 29084Q100 |  | 148 | 200 | SH |  | SOLE | 1 | 0 | 0 | 200 |
| Emerson Electric Co. | COM | 291011104 |  | 138 | 1050 | SH |  | SOLE | 1 | 0 | 0 | 1050 |
| Empire State Realty Trust | COM | 292104106 |  | 54905 | 10558673 | SH |  | SOLE | 1 | 7761395 | 0 | 2797278 |
| Enbridge Inc | COM | 29250N105 |  | 1637 | 30245 | SH |  | SOLE | 1 | 30245 | 0 | 0 |
| Energy Transfer LP | COM | 29273V100 |  | 68527 | 3550610 | SH |  | SOLE | 1 | 3550610 | 0 | 0 |
| Entergy Corporation | COM | 29364G103 |  | 341392 | 3038377 | SH |  | SOLE | 12 | 2889334 | 0 | 149043 |
| Enterprise Products Partners | COM | 293792107 |  | 12214 | 322791 | SH |  | SOLE | 1 | 322791 | 0 | 0 |
| Entertainment Properties Trust Pfd. E | PFD | 26884U307 |  | 1734 | 57085 | SH |  | SOLE | 1 | 57085 | 0 | 0 |
| EOG Resources Inc. | COM | 26875P101 |  | 145 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Equinix Inc. | COM | 29444U700 |  | 2775472 | 2831410 | SH |  | SOLE | 12 | 2251342 | 0 | 580068 |
| Equity Lifestyle Properties | COM | 29472R108 |  | 688558 | 11031032 | SH |  | SOLE | 1 | 6337670 | 0 | 4693362 |
| Equity Residential | COM | 29476L107 |  | 381602 | 6451417 | SH |  | SOLE | 12 | 5973299 | 0 | 478118 |
| Essential Properties Realty | COM | 29670E107 |  | 898880 | 29607357 | SH |  | SOLE | 12 | 21786412 | 0 | 7820945 |
| Essex Property Trust Inc. | COM | 297178105 |  | 1172039 | 4843126 | SH |  | SOLE | 12 | 3596896 | 0 | 1246230 |
| Evergy Inc | COM | 30034W106 |  | 177700 | 2169187 | SH |  | SOLE | 12 | 2118505 | 0 | 50682 |
| Eversource Energy | COM | 30040W108 |  | 93243 | 1345893 | SH |  | SOLE | 12 | 1310288 | 0 | 35605 |
| Expedia Inc. | COM | 30212P303 |  | 231 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Extra Space Storage Inc. | COM | 30225T102 |  | 2152167 | 16412456 | SH |  | SOLE | 12 | 12384660 | 0 | 4027796 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 58650 | 345690 | SH |  | SOLE | 1 | 342490 | 0 | 3200 |
| Facebook Inc. | COM | 30303M102 |  | 858 | 1500 | SH |  | SOLE | 1 | 0 | 0 | 1500 |
| Federal Realty Investment Trust | COM | 313745101 |  | 22 | 205 | SH |  | SOLE | 1 | 205 | 0 | 0 |
| FedEx Corporation | COM | 31428X106 |  | 249 | 700 | SH |  | SOLE | 1 | 0 | 0 | 700 |
| Figure Technology Solut-Cl A | COM | 349381103 |  | 340 | 10000 | SH |  | SOLE | 1 | 10000 | 0 | 0 |
| First Industrial Realty Trust | COM | 32054K103 |  | 157884 | 2729198 | SH |  | SOLE | 12 | 2589024 | 0 | 140174 |
| First Solar Inc. | COM | 336433107 |  | 5265 | 26692 | SH |  | SOLE | 1 | 26692 | 0 | 0 |
| First Trust High Yld Opport | COM | 33741Q107 |  | 879 | 65000 | SH |  | SOLE | 1 | 65000 | 0 | 0 |
| First Trust Intermediate Duration Pref  Inc Fund | COM | 33718W103 |  | 6368 | 361198 | SH |  | SOLE | 1 | 361198 | 0 | 0 |
| Fiserv Inc | COM | 337738108 |  | 45 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| Flah  Crum/Claymore Preferred S I | COM | 338478100 |  | 9097 | 587296 | SH |  | SOLE | 1 | 587296 | 0 | 0 |
| Flaherty  Crumrine Dynamic | COM | 33848W106 |  | 9563 | 476489 | SH |  | SOLE | 1 | 476489 | 0 | 0 |
| Flowserve Corporation | COM | 34354P105 |  | 4702 | 63958 | SH |  | SOLE | 1 | 63958 | 0 | 0 |
| Ford Motor Company | COM | 345370860 |  | 100 | 8700 | SH |  | SOLE | 1 | 0 | 0 | 8700 |
| Franco-Nevada Corp | COM | 351858105 |  | 12069 | 48851 | SH |  | SOLE | 1 | 48851 | 0 | 0 |
| Freeport-Mcmoran Inc. | COM | 35671D857 |  | 15387 | 261773 | SH |  | SOLE | 1 | 259573 | 0 | 2200 |
| Fs Specialty Lending Fund | COM | 644323107 |  | 2690 | 215000 | SH |  | SOLE | 1 | 215000 | 0 | 0 |
| Gabelli Dividend  Income Trust | COM | 36242H104 |  | 9557 | 354886 | SH |  | SOLE | 1 | 354886 | 0 | 0 |
| Gabelli Equity Trust | COM | 362397101 |  | 1568 | 280000 | SH |  | SOLE | 1 | 280000 | 0 | 0 |
| Gabelli Equity Trust-Rt W/I | RIGHT | 362397226 |  | 2 | 280000 | SH |  | SOLE | 1 | 280000 | 0 | 0 |
| Gaming and Leisure Prop | COM | 36467J108 |  | 364165 | 8207449 | SH |  | SOLE | 12 | 7508142 | 0 | 699307 |
| GE HealthCare Technologies Inc | COM | 36266G107 |  | 71 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Ge Vernova Llc | COM | 36828A101 |  | 175 | 200 | SH |  | SOLE | 1 | 0 | 0 | 200 |
| General American Investors | COM | 368802104 |  | 15202 | 259999 | SH |  | SOLE | 1 | 259999 | 0 | 0 |
| General Electric Company | COM | 369604301 |  | 284 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Genesis Energy LP | COM | 371927104 |  | 524 | 29366 | SH |  | SOLE | 1 | 29366 | 0 | 0 |
| Gilead Sciences Inc. | COM | 375558103 |  | 167 | 1200 | SH |  | SOLE | 1 | 0 | 0 | 1200 |
| Golar LNG Ltd | COM | G9456A100 |  | 2046 | 37815 | SH |  | SOLE | 1 | 37815 | 0 | 0 |
| Guggenheim Active Allocation | COM | 40170T106 |  | 12909 | 848149 | SH |  | SOLE | 1 | 848149 | 0 | 0 |
| Guggenheim Build America | COM | 401664107 |  | 2043 | 140924 | SH |  | SOLE | 1 | 140924 | 0 | 0 |
| Guggenheim Strategic Opp Fund | COM | 40167F101 |  | 13464 | 1221789 | SH |  | SOLE | 1 | 1221789 | 0 | 0 |
| H20 America | COM | 784305104 |  | 94339 | 1607964 | SH |  | SOLE | 12 | 1525896 | 0 | 82068 |
| Halliburton Company | COM | 406216101 |  | 195 | 5000 | SH |  | SOLE | 1 | 0 | 0 | 5000 |
| Healthcare Realty Trust Inc. | COM | 42226K105 |  | 891066 | 52446482 | SH |  | SOLE | 12 | 40741957 | 0 | 11704525 |
| Highwoods Properties Inc. | COM | 431284108 |  | 265706 | 12410383 | SH |  | SOLE | 1 | 9168406 | 0 | 3241977 |
| HJ Heinz Holdings Corp | COM | 500754106 |  | 56 | 2500 | SH |  | SOLE | 1 | 0 | 0 | 2500 |
| Host Hotels  Resorts Inc. | COM | 44107P104 |  | 1056183 | 55124367 | SH |  | SOLE | 12 | 44449132 | 0 | 10675235 |
| Hudson Pacific Prop | COM | 444097406 |  | 56993 | 9643541 | SH |  | SOLE | 12 | 7637862 | 0 | 2005679 |
| I Shares Gold Trust | COM | 464285204 |  | 18223 | 206708 | SH |  | SOLE | 1 | 206708 | 0 | 0 |
| Illinois Tool Works Inc. | COM | 452308109 |  | 182 | 700 | SH |  | SOLE | 1 | 0 | 0 | 700 |
| International Business Machines Corporation | COM | 459200101 |  | 412 | 1700 | SH |  | SOLE | 1 | 0 | 0 | 1700 |
| International Paper Company | COM | 460146103 |  | 5509 | 154303 | SH |  | SOLE | 1 | 154303 | 0 | 0 |
| Intuit Inc. | COM | 461202103 |  | 130 | 300 | SH |  | SOLE | 1 | 0 | 0 | 300 |
| Intuitive Surgical Inc. | COM | 46120E602 |  | 184 | 400 | SH |  | SOLE | 1 | 0 | 0 | 400 |
| Invesco Preferred ETF | COM | 46138E511 |  | 3298 | 303146 | SH |  | SOLE | 1 | 303146 | 0 | 0 |
| Invesco Van Kampen Muni Trust | COM | 46131J103 |  | 238 | 25000 | SH |  | SOLE | 1 | 25000 | 0 | 0 |
| Invesco Van Kampen Senior Income Trust | COM | 46131H107 |  | 2967 | 921433 | SH |  | SOLE | 1 | 921433 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 |  | 874198 | 35178976 | SH |  | SOLE | 12 | 27082297 | 0 | 8096679 |
| Iron Mountain Incorporated | COM | 46284V101 |  | 1651537 | 16169341 | SH |  | SOLE | 12 | 12423809 | 0 | 3745532 |
| Ishares Bitcoin Trust Etf | COM | 46438F101 |  | 1022 | 26600 | SH |  | SOLE | 1 | 26600 | 0 | 0 |
| Ishares Bloomberg Roll Selec | COM | 46431W598 |  | 902 | 15179 | SH |  | SOLE | 1 | 15179 | 0 | 0 |
| iShares Cohen  Steers Rlty | COM | 464287564 |  | 52 | 845 | SH |  | SOLE | 1 | 845 | 0 | 0 |
| iShares Iboxx Inv Gr Corp. Bd | COM | 464287242 |  | 0 | 1 | SH |  | SOLE | 1 | 1 | 0 | 0 |
| Ishares Silver Trust | COM | 46428Q109 |  | 9608 | 141000 | SH |  | SOLE | 1 | 141000 | 0 | 0 |
| iShares U.S. Preferred Stock ETF | COM | 464288687 |  | 1726 | 56940 | SH |  | SOLE | 1 | 56940 | 0 | 0 |
| Itron Inc | COM | 465741106 |  | 1169 | 13046 | SH |  | SOLE | 1 | 13046 | 0 | 0 |
| Jbs Nv-A | COM | N4732M103 |  | 12497 | 695826 | SH |  | SOLE | 1 | 695826 | 0 | 0 |
| JBT Marel Corp | COM | 477839104 |  | 5771 | 45128 | SH |  | SOLE | 1 | 45128 | 0 | 0 |
| John Hancock Investors Trust | COM | 410142103 |  | 309 | 23927 | SH |  | SOLE | 1 | 23927 | 0 | 0 |
| John Hancock Patriot Premium Dividend Fund II | COM | 41013T105 |  | 11791 | 900089 | SH |  | SOLE | 1 | 900089 | 0 | 0 |
| John Hancock Preferred Income Fund | COM | 41013W108 |  | 2784 | 177458 | SH |  | SOLE | 1 | 177458 | 0 | 0 |
| John Hancock Preferred Income II | COM | 41013X106 |  | 2693 | 172487 | SH |  | SOLE | 1 | 172487 | 0 | 0 |
| John Hancock Preferred Income III | COM | 41021P103 |  | 872 | 61234 | SH |  | SOLE | 1 | 61234 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 978 | 4000 | SH |  | SOLE | 1 | 0 | 0 | 4000 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 912 | 3100 | SH |  | SOLE | 1 | 0 | 0 | 3100 |
| Kayne Anderson MLP Investment | COM | 486606106 |  | 1514 | 106000 | SH |  | SOLE | 1 | 106000 | 0 | 0 |
| Kilroy Realty Corp. | COM | 49427F108 |  | 224143 | 7945504 | SH |  | SOLE | 12 | 3024270 | 0 | 4921234 |
| Kimco Realty Corp 7.250 Conv/Perp Sr:N | PFD | 49446R687 |  | 4568 | 76459 | SH |  | SOLE | 1 | 0 | 0 | 76459 |
| Kimco Realty Corporation | COM | 49446R109 |  | 1206947 | 53713713 | SH |  | SOLE | 12 | 37277385 | 0 | 16436328 |
| Kinder Morgan Inc. | COM | 49456B101 |  | 45137 | 1346161 | SH |  | SOLE | 1 | 1346161 | 0 | 0 |
| Kinetik Holdings Inc | COM | 02215L209 |  | 72333 | 1494165 | SH |  | SOLE | 1 | 1458306 | 0 | 35859 |
| Kite Realty Group Trust | COM | 49803T300 |  | 638432 | 26005377 | SH |  | SOLE | 12 | 24105954 | 0 | 1899423 |
| KKR Income Opportunities | COM | 48249T106 |  | 966 | 87779 | SH |  | SOLE | 1 | 87779 | 0 | 0 |
| Lamar Advertising Co | COM | 512816109 |  | 305262 | 2410089 | SH |  | SOLE | 1 | 1218346 | 0 | 1191743 |
| Liberty All-Star Equity Fund | COM | 530158104 |  | 4163 | 750000 | SH |  | SOLE | 1 | 750000 | 0 | 0 |
| Linde Plc | COM | G54950103 |  | 149 | 300 | SH |  | SOLE | 1 | 0 | 0 | 300 |
| LXP Industrial Trust 6.5 Perp | PFD | 529043309 |  | 10634 | 231170 | SH |  | SOLE | 1 | 186017 | 0 | 45153 |
| LyondellBasell Industries N.V. | COM | N53745100 |  | 242 | 3000 | SH |  | SOLE | 1 | 0 | 0 | 3000 |
| Mainstay Cbre Glbl Infr Mega | COM | 56064Q107 |  | 2018 | 137391 | SH |  | SOLE | 1 | 137391 | 0 | 0 |
| Mainstay DefTerm Muni Opps | COM | 56064K100 |  | 668 | 45000 | SH |  | SOLE | 1 | 45000 | 0 | 0 |
| Mastec Inc | COM | 576323109 |  | 9757 | 30326 | SH |  | SOLE | 1 | 30326 | 0 | 0 |
| McDonald's Corporation | COM | 580135101 |  | 186 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| Medtronic plc | COM | G5960L103 |  | 108 | 1250 | SH |  | SOLE | 1 | 0 | 0 | 1250 |
| Mercadolibre | COM | 58733R102 |  | 173 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| Merck  Co. Inc. | COM | 58933Y105 |  | 289 | 2400 | SH |  | SOLE | 1 | 0 | 0 | 2400 |
| Metlife Inc. | COM | 59156R108 |  | 106 | 1500 | SH |  | SOLE | 1 | 0 | 0 | 1500 |
| MFS High Yield Municipal Trust | COM | 59318E102 |  | 54 | 15000 | SH |  | SOLE | 1 | 15000 | 0 | 0 |
| MFS Investment Grade Muni | COM | 59318B108 |  | 120 | 15000 | SH |  | SOLE | 1 | 15000 | 0 | 0 |
| MFS Multimarket Income Trust | COM | 552737108 |  | 1523 | 329603 | SH |  | SOLE | 1 | 329603 | 0 | 0 |
| MFS Municipal Income Trust | COM | 552738106 |  | 916 | 170000 | SH |  | SOLE | 1 | 170000 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 1925 | 5200 | SH |  | SOLE | 1 | 0 | 0 | 5200 |
| Mid-America Apartment Communities | COM | 59522J103 |  | 20 | 164 | SH |  | SOLE | 1 | 164 | 0 | 0 |
| Molson Coors Brewing Company | COM | 60871R209 |  | 82 | 1900 | SH |  | SOLE | 1 | 0 | 0 | 1900 |
| Mondelez International Inc. Class A | COM | 609207105 |  | 81 | 1400 | SH |  | SOLE | 1 | 0 | 0 | 1400 |
| Morgan Stanley | COM | 617446448 |  | 642 | 3900 | SH |  | SOLE | 1 | 0 | 0 | 3900 |
| Morgan Stanley China A Share | COM | 617468103 |  | 1925 | 110000 | SH |  | SOLE | 1 | 110000 | 0 | 0 |
| MPLX LP | COM | 55336V100 |  | 53061 | 929751 | SH |  | SOLE | 1 | 929751 | 0 | 0 |
| National Fuel Gas Co | COM | 636180101 |  | 29144 | 310177 | SH |  | SOLE | 1 | 310177 | 0 | 0 |
| National Storage Affiliates | COM | 637870106 |  | 169625 | 4494564 | SH |  | SOLE | 1 | 2790348 | 0 | 1704216 |
| Net Power Inc | COM | 64107A105 |  | 1392 | 892140 | SH |  | SOLE | 1 | 892140 | 0 | 0 |
| Net Power Inc warrant | WARRANT | 64107A113 |  | 52 | 193606 | SH |  | SOLE | 1 | 193606 | 0 | 0 |
| NetApp Inc. | COM | 64110D104 |  | 164 | 1600 | SH |  | SOLE | 1 | 0 | 0 | 1600 |
| NetFlix Inc | COM | 64110L106 |  | 577 | 6000 | SH |  | SOLE | 1 | 0 | 0 | 6000 |
| Netstreit Corp | COM | 64119V303 |  | 278688 | 14800212 | SH |  | SOLE | 1 | 12197510 | 0 | 2602702 |
| Neuberger Berman Intmd Muni | COM | 64124P101 |  | 2213 | 217982 | SH |  | SOLE | 1 | 217982 | 0 | 0 |
| Neuberger Berman MLP Income | COM | 64129H104 |  | 3016 | 287000 | SH |  | SOLE | 1 | 287000 | 0 | 0 |
| Newmont Mining Corporation | COM | 651639106 |  | 19403 | 179245 | SH |  | SOLE | 1 | 179245 | 0 | 0 |
| NextEra Energy Inc. | COM | 65339F101 |  | 644295 | 6936849 | SH |  | SOLE | 12 | 6622658 | 0 | 314191 |
| Nextracker Inc | COM | 65290E101 |  | 4964 | 41177 | SH |  | SOLE | 1 | 41177 | 0 | 0 |
| NiSource Inc. | COM | 65473P105 |  | 219207 | 4697973 | SH |  | SOLE | 12 | 4646945 | 0 | 51028 |
| NNN REIT Inc | COM | 637417106 |  | 10314 | 245403 | SH |  | SOLE | 1 | 0 | 0 | 245403 |
| Norfolk Southern Corporation | COM | 655844108 |  | 213568 | 744140 | SH |  | SOLE | 12 | 722558 | 0 | 21582 |
| Nutrien Ltd | COM | 67077M108 |  | 20976 | 277971 | SH |  | SOLE | 1 | 277971 | 0 | 0 |
| Nuveen Dividend Adv Muni Fd 3 | COM | 67070X101 |  | 2744 | 225295 | SH |  | SOLE | 1 | 225295 | 0 | 0 |
| Nuveen Dividend Advan Muni Inc | COM | 67071L106 |  | 1911 | 154978 | SH |  | SOLE | 1 | 154978 | 0 | 0 |
| Nuveen Dividend Advantage Muni Fd | COM | 67066V101 |  | 3762 | 327123 | SH |  | SOLE | 1 | 327123 | 0 | 0 |
| Nuveen Dynamic Muni Opport | COM | 67079X102 |  | 412 | 40000 | SH |  | SOLE | 1 | 40000 | 0 | 0 |
| Nuveen Floating Rate Income | COM | 67072T108 |  | 6417 | 853263 | SH |  | SOLE | 1 | 853263 | 0 | 0 |
| Nuveen Global High Income | COM | 67075G103 |  | 5612 | 459239 | SH |  | SOLE | 1 | 459239 | 0 | 0 |
| Nuveen Ins T/F Adv Municipal | COM | 670657105 |  | 3422 | 304711 | SH |  | SOLE | 1 | 304711 | 0 | 0 |
| Nuveen Multi-Strategy Income  Growth 2 | COM | 67073D102 |  | 3578 | 734738 | SH |  | SOLE | 1 | 734738 | 0 | 0 |
| Nuveen Municipal Credit Opp | COM | 670663103 |  | 1957 | 185000 | SH |  | SOLE | 1 | 185000 | 0 | 0 |
| Nuveen Preferred Income Opportunities Fund | COM | 67073B106 |  | 5921 | 785251 | SH |  | SOLE | 1 | 785251 | 0 | 0 |
| Nuveen Real Asset Inc and Grow | COM | 67074Y105 |  | 2796 | 227308 | SH |  | SOLE | 1 | 227308 | 0 | 0 |
| Nuveen Var Rt Pref  Inc | COM | 67080R102 |  | 3721 | 205000 | SH |  | SOLE | 1 | 205000 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 3226 | 18500 | SH |  | SOLE | 1 | 0 | 0 | 18500 |
| OGE Energy Corporation | COM | 670837103 |  | 96725 | 2016779 | SH |  | SOLE | 12 | 1968797 | 0 | 47982 |
| Omega Healthcare Investors | COM | 681936100 |  | 524856 | 11977541 | SH |  | SOLE | 12 | 8729812 | 0 | 3247729 |
| Oneok Inc. | COM | 682680103 |  | 30467 | 337066 | SH |  | SOLE | 1 | 337066 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 162 | 1100 | SH |  | SOLE | 1 | 0 | 0 | 1100 |
| Outfront Media Inc | COM | 69007J304 |  | 570269 | 21519564 | SH |  | SOLE | 12 | 17571690 | 0 | 3947874 |
| Owens Corning | COM | 690742101 |  | 87 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| Pacs Group Inc | COM | 69380Q107 |  | 293035 | 9123136 | SH |  | SOLE | 12 | 8104756 | 0 | 1018380 |
| Palantir Technologies Inc. | COM | 69608A108 |  | 263 | 1800 | SH |  | SOLE | 1 | 0 | 0 | 1800 |
| Palo Alto Networks Inc | COM | 697435105 |  | 128 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| Paychex Inc. | COM | 704326107 |  | 74 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| PayPal Holdings Inc | COM | 70450Y103 |  | 136 | 3000 | SH |  | SOLE | 1 | 0 | 0 | 3000 |
| Pebblebrook Hotel Trust 6.3 Perp | PFD | 70509V704 |  | 1807 | 93641 | SH |  | SOLE | 1 | 0 | 0 | 93641 |
| Pebblebrook Hotel Trust 6.375 Perp | PFD | 70509V605 |  | 3248 | 169066 | SH |  | SOLE | 1 | 0 | 0 | 169066 |
| Pepsico Inc. | COM | 713448108 |  | 217 | 1400 | SH |  | SOLE | 1 | 0 | 0 | 1400 |
| Perpetua Resources Corp | COM | 714266103 |  | 6303 | 224139 | SH |  | SOLE | 1 | 224139 | 0 | 0 |
| Petroleo Brasileiro S.A. - ADR | ADR | 71654V408 |  | 12355 | 595410 | SH |  | SOLE | 1 | 595410 | 0 | 0 |
| PG Corporation | COM | 69331C108 |  | 150127 | 8544515 | SH |  | SOLE | 12 | 8141829 | 0 | 402686 |
| PGIM Short Duration High Yield FD | COM | 69346H100 |  | 6399 | 486278 | SH |  | SOLE | 1 | 486278 | 0 | 0 |
| Pgim Shrt Durat Hi Yld | COM | 69355J104 |  | 4365 | 272450 | SH |  | SOLE | 1 | 272450 | 0 | 0 |
| Piedmont Office Realty Trust A | COM | 720190206 |  | 48796 | 7427057 | SH |  | SOLE | 1 | 3874300 | 0 | 3552757 |
| Pilgrims Pride Corporation | COM | 72147K108 |  | 7683 | 203459 | SH |  | SOLE | 1 | 203459 | 0 | 0 |
| Pimco Access Income Fund | COM | 72203T100 |  | 14741 | 1023000 | SH |  | SOLE | 1 | 1023000 | 0 | 0 |
| Pimco Dynamic Income Fund | COM | 72201Y101 |  | 24414 | 1426864 | SH |  | SOLE | 1 | 1426864 | 0 | 0 |
| Pimco Dynamic Income Opport | COM | 69355M107 |  | 16393 | 1267824 | SH |  | SOLE | 1 | 1267824 | 0 | 0 |
| PIMCO Dynamic Income Strategy | COM | 69346N107 |  | 22541 | 1021789 | SH |  | SOLE | 1 | 1021789 | 0 | 0 |
| PIMCO Global Stocksplus  In | COM | 722011103 |  | 1156 | 138801 | SH |  | SOLE | 1 | 138801 | 0 | 0 |
| PIMCO High Income Fund | COM | 722014107 |  | 5496 | 1187044 | SH |  | SOLE | 1 | 1187044 | 0 | 0 |
| PIMCO Income Strategy Fund II | COM | 72201J104 |  | 5555 | 806234 | SH |  | SOLE | 1 | 806234 | 0 | 0 |
| Pimco Municipal Income Fund II | COM | 72200W106 |  | 530 | 70000 | SH |  | SOLE | 1 | 70000 | 0 | 0 |
| Plains All American Pipeline LP | COM | 726503105 |  | 44197 | 1979254 | SH |  | SOLE | 1 | 1979254 | 0 | 0 |
| PPG Industries Inc. | COM | 693506107 |  | 86 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| PPL Corporation | COM | 69351T106 |  | 92116 | 2411409 | SH |  | SOLE | 1 | 2411409 | 0 | 0 |
| Prologis Inc. | COM | 74340W103 |  | 3078219 | 23288074 | SH |  | SOLE | 12 | 17649634 | 0 | 5638440 |
| Prudential Gbl Shrt Dur Hi Yld | COM | 69346J106 |  | 6928 | 594659 | SH |  | SOLE | 1 | 594659 | 0 | 0 |
| Public Service Enterprise Group Incorporated | COM | 744573106 |  | 67090 | 828787 | SH |  | SOLE | 1 | 828787 | 0 | 0 |
| Public Storage | COM | 74460D109 |  | 1194388 | 4409277 | SH |  | SOLE | 12 | 3287320 | 0 | 1121957 |
| PulteGroup Inc. | COM | 745867101 |  | 172 | 1463 | SH |  | SOLE | 1 | 63 | 0 | 1400 |
| Putnam Managed Municipal Income Trust | COM | 746823103 |  | 123 | 20000 | SH |  | SOLE | 1 | 20000 | 0 | 0 |
| Putnam Muni Opportunities Tst | COM | 746922103 |  | 1743 | 169200 | SH |  | SOLE | 1 | 169200 | 0 | 0 |
| Qualcomm Incorporated | COM | 747525103 |  | 309 | 2400 | SH |  | SOLE | 1 | 0 | 0 | 2400 |
| Quanta Services Inc. | COM | 74762E102 |  | 3113 | 5671 | SH |  | SOLE | 1 | 5671 | 0 | 0 |
| Raymond James Financial Inc. | COM | 754730109 |  | 203 | 1400 | SH |  | SOLE | 1 | 0 | 0 | 1400 |
| Rayonier Inc. | COM | 754907103 |  | 447269 | 21691004 | SH |  | SOLE | 12 | 18289048 | 0 | 3401956 |
| Realty Income Corporation | COM | 756109104 |  | 407671 | 6663458 | SH |  | SOLE | 1 | 5020778 | 0 | 1642680 |
| Reaves Utility Income Fund | COM | 756158101 |  | 2082 | 53000 | SH |  | SOLE | 1 | 53000 | 0 | 0 |
| Reddit Inc-Cl A | COM | 75734B100 |  | 404 | 3000 | SH |  | SOLE | 1 | 3000 | 0 | 0 |
| Regency Centers Corporation | COM | 758849103 |  | 27 | 359 | SH |  | SOLE | 1 | 359 | 0 | 0 |
| Regeneron Pharmaceuticals Inc. | COM | 75886F107 |  | 100 | 130 | SH |  | SOLE | 1 | 0 | 0 | 130 |
| Regions Financial Corporation | COM | 7591EP100 |  | 144 | 5500 | SH |  | SOLE | 1 | 0 | 0 | 5500 |
| Reliance Steel  Alu | COM | 759509102 |  | 70 | 230 | SH |  | SOLE | 1 | 0 | 0 | 230 |
| ResMed Inc. | COM | 761152107 |  | 83 | 370 | SH |  | SOLE | 1 | 0 | 0 | 370 |
| Rio Tinto PLC-Sponsored ADR | ADR | 767204100 |  | 12863 | 137879 | SH |  | SOLE | 1 | 137879 | 0 | 0 |
| Rlj Lodging Trust 7.8 Perp Sr:A  Cvt | PFD | 74965L200 |  | 5984 | 248289 | SH |  | SOLE | 1 | 130699 | 0 | 117590 |
| Rockwell Automation Inc. | COM | 773903109 |  | 108 | 300 | SH |  | SOLE | 1 | 0 | 0 | 300 |
| Rubrik Inc-A | COM | 781154109 |  | 441 | 9000 | SH |  | SOLE | 1 | 9000 | 0 | 0 |
| Ryman Hospitality Properties | COM | 78377T107 |  | 73098 | 792215 | SH |  | SOLE | 1 | 0 | 0 | 792215 |
| Saba Capital Income  Opportunities Fund | COM | 78518H202 |  | 539 | 80000 | SH |  | SOLE | 1 | 80000 | 0 | 0 |
| Sabra Healthcare Reit Inc | COM | 78573L106 |  | 1300 | 67625 | SH |  | SOLE | 1 | 67625 | 0 | 0 |
| Sailpoint Inc | COM | 78781J109 |  | 265 | 20000 | SH |  | SOLE | 1 | 20000 | 0 | 0 |
| salesforce.com inc. | COM | 79466L302 |  | 112 | 600 | SH |  | SOLE | 1 | 0 | 0 | 600 |
| SBA Communications Corporation | COM | 78410G104 |  | 539264 | 3133241 | SH |  | SOLE | 1 | 2970877 | 0 | 162364 |
| Schlumberger Ltd. | COM | 806857108 |  | 11102 | 216036 | SH |  | SOLE | 1 | 216036 | 0 | 0 |
| Sempra Energy | COM | 816851109 |  | 322513 | 3319062 | SH |  | SOLE | 12 | 3145699 | 0 | 173363 |
| Shoals Technologies Group In | COM | 82489W107 |  | 1219 | 185333 | SH |  | SOLE | 1 | 185333 | 0 | 0 |
| Shopify Inc - Class A | COM | 82509L107 |  | 237 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| Simon Property Group Inc. | COM | 828806109 |  | 1097173 | 5882007 | SH |  | SOLE | 12 | 4193585 | 0 | 1688422 |
| SITE Centers Corp | COM | 82981J851 |  | 455 | 84315 | SH |  | SOLE | 1 | 84315 | 0 | 0 |
| SL Green Realty Corp. | COM | 78440X887 |  | 137206 | 3714293 | SH |  | SOLE | 1 | 3282554 | 0 | 431739 |
| Smithfield Foods Inc | COM | 832248207 |  | 21785 | 778858 | SH |  | SOLE | 1 | 778858 | 0 | 0 |
| Snap On Tools Corp. | COM | 833034101 |  | 131 | 360 | SH |  | SOLE | 1 | 0 | 0 | 360 |
| Solaris Energy Infrastructure | COM | 83418M103 |  | 5556 | 98322 | SH |  | SOLE | 1 | 98322 | 0 | 0 |
| Southwest Gas Holdings Inc. | COM | 844895102 |  | 40210 | 462720 | SH |  | SOLE | 12 | 433758 | 0 | 28962 |
| Spdr Dow Jones Reit Etf | COM | 78464A607 |  | 120 | 1185 | SH |  | SOLE | 1 | 1185 | 0 | 0 |
| Spdr Gold Minishares Trust | COM | 98149E303 |  | 103583 | 1117518 | SH |  | SOLE | 1 | 1117518 | 0 | 0 |
| Spdr Port Shrt Trm Corp Bnd | COM | 78464A474 |  | 17025 | 566191 | SH |  | SOLE | 1 | 566191 | 0 | 0 |
| SPDR Trust Series 1 | COM | 78462F103 |  | 1626 | 2500 | SH |  | SOLE | 1 | 2500 | 0 | 0 |
| Sprott Physical Gold And Silver Trust | COM | 85208R101 |  | 16153 | 338497 | SH |  | SOLE | 1 | 338497 | 0 | 0 |
| Ss Technologies Hldgs | COM | 78467J100 |  | 95 | 1400 | SH |  | SOLE | 1 | 0 | 0 | 1400 |
| Standardaero Inc | COM | 85423L103 |  | 258 | 10000 | SH |  | SOLE | 1 | 10000 | 0 | 0 |
| Steel Dynamics Inc | COM | 858119100 |  | 5297 | 29427 | SH |  | SOLE | 1 | 29427 | 0 | 0 |
| Stem Inc. | COM | 85859N300 |  | 282 | 31887 | SH |  | SOLE | 1 | 31887 | 0 | 0 |
| Sun Communities Inc. | COM | 866674104 |  | 1519509 | 12063415 | SH |  | SOLE | 12 | 9350649 | 0 | 2712766 |
| Sunococorp Llc | COM | 86765Q106 |  | 19599 | 317904 | SH |  | SOLE | 1 | 317904 | 0 | 0 |
| Sysco Corporation | COM | 871829107 |  | 114 | 1600 | SH |  | SOLE | 1 | 0 | 0 | 1600 |
| Tamboran Resources Corp | COM | 87507T101 |  | 6853 | 137091 | SH |  | SOLE | 1 | 137091 | 0 | 0 |
| Targa Resources Corp. | COM | 87612G101 |  | 259079 | 1033297 | SH |  | SOLE | 12 | 967780 | 0 | 65517 |
| Target Corporation | COM | 87612E106 |  | 133 | 1100 | SH |  | SOLE | 1 | 0 | 0 | 1100 |
| Te Connectivity Plc | COM | G87052109 |  | 167 | 800 | SH |  | SOLE | 1 | 0 | 0 | 800 |
| Tekla Healthcare Investors | COM | 87911J103 |  | 1594 | 89573 | SH |  | SOLE | 1 | 89573 | 0 | 0 |
| Tekla Healthcare Opportunities Fund | COM | 879105104 |  | 636 | 37845 | SH |  | SOLE | 1 | 37845 | 0 | 0 |
| Templeton Dragon Fund Inc | COM | 88018T101 |  | 1156 | 108960 | SH |  | SOLE | 1 | 108960 | 0 | 0 |
| Tempus Ai Inc | COM | 88023B103 |  | 317 | 7000 | SH |  | SOLE | 1 | 7000 | 0 | 0 |
| Tesla Motors Inc. | COM | 88160R101 |  | 744 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| The American Express Co. | COM | 025816109 |  | 151 | 500 | SH |  | SOLE | 1 | 0 | 0 | 500 |
| The Goldman Sachs Group Inc. | COM | 38141G104 |  | 398 | 470 | SH |  | SOLE | 1 | 0 | 0 | 470 |
| The Home Depot Inc. | COM | 437076102 |  | 395 | 1200 | SH |  | SOLE | 1 | 0 | 0 | 1200 |
| The Kroger Co. | COM | 501044101 |  | 130 | 1800 | SH |  | SOLE | 1 | 0 | 0 | 1800 |
| The Mosaic Company | COM | 61945C103 |  | 16925 | 663739 | SH |  | SOLE | 1 | 663739 | 0 | 0 |
| The PNC Financial Services Group Inc. | COM | 693475105 |  | 146 | 700 | SH |  | SOLE | 1 | 0 | 0 | 700 |
| The Procter  Gamble Company | COM | 742718109 |  | 289 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| The Southern Company | COM | 842587107 |  | 66750 | 691562 | SH |  | SOLE | 1 | 689332 | 0 | 2230 |
| The TJX Companies Inc. | COM | 872540109 |  | 319 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| The Travelers Companies Inc. | COM | 89417E109 |  | 204 | 700 | SH |  | SOLE | 1 | 0 | 0 | 700 |
| The Walt Disney Company | COM | 254687106 |  | 125 | 1300 | SH |  | SOLE | 1 | 0 | 0 | 1300 |
| The Williams Companies Inc. | COM | 969457100 |  | 478789 | 6578577 | SH |  | SOLE | 12 | 6158608 | 0 | 419969 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 246 | 500 | SH |  | SOLE | 1 | 0 | 0 | 500 |
| T-Mobile US Inc. | COM | 872590104 |  | 189 | 900 | SH |  | SOLE | 1 | 0 | 0 | 900 |
| Tortoise Energy Infrastructu | COM | 89147L886 |  | 1285 | 25782 | SH |  | SOLE | 1 | 25782 | 0 | 0 |
| Transportador Gas Sur-Sp B | ADR | 893870204 |  | 3038 | 87782 | SH |  | SOLE | 1 | 87782 | 0 | 0 |
| Tyson Foods Inc | COM | 902494103 |  | 128 | 2000 | SH |  | SOLE | 1 | 0 | 0 | 2000 |
| U.S. Bancorp | COM | 902973304 |  | 182 | 3500 | SH |  | SOLE | 1 | 0 | 0 | 3500 |
| Uber Technologies Inc | COM | 90353T100 |  | 165 | 2300 | SH |  | SOLE | 1 | 0 | 0 | 2300 |
| UDR Inc. | COM | 902653104 |  | 701452 | 20765298 | SH |  | SOLE | 12 | 15190011 | 0 | 5575287 |
| Ul Solutions Inc - Class A | COM | 903731107 |  | 2143 | 25000 | SH |  | SOLE | 1 | 25000 | 0 | 0 |
| Union Pacific Corporation | COM | 907818108 |  | 325796 | 1342825 | SH |  | SOLE | 12 | 1309511 | 0 | 33314 |
| United Rentals Inc | COM | 911363109 |  | 146 | 200 | SH |  | SOLE | 1 | 0 | 0 | 200 |
| UnitedHealth Group Incorporated | COM | 91324P102 |  | 271 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| Vale S.A. ADR | ADR | 91912E105 |  | 3314 | 208278 | SH |  | SOLE | 1 | 208278 | 0 | 0 |
| Valero Energy Corporation | COM | 91913Y100 |  | 16278 | 65881 | SH |  | SOLE | 1 | 64781 | 0 | 1100 |
| Vanguard Reit Etf | COM | 922908553 |  | 5454 | 61486 | SH |  | SOLE | 1 | 61486 | 0 | 0 |
| Ventas Inc. | COM | 92276F100 |  | 491125 | 6005439 | SH |  | SOLE | 12 | 504557 | 0 | 5500882 |
| Venture Global Inc | COM | 92333F101 |  | 78930 | 5008244 | SH |  | SOLE | 12 | 4779480 | 0 | 228764 |
| Verisign Inc | COM | 92343E102 |  | 184 | 740 | SH |  | SOLE | 1 | 0 | 0 | 740 |
| Verizon Communications Inc. | COM | 92343V104 |  | 191 | 3800 | SH |  | SOLE | 1 | 0 | 0 | 3800 |
| Versant Media Group Inc | COM | 925283103 |  | 6 | 160 | SH |  | SOLE | 1 | 0 | 0 | 160 |
| VICI Properties Inc. | COM | 925652109 |  | 31853 | 1165909 | SH |  | SOLE | 1 | 999586 | 0 | 166323 |
| Virtus Alliangzi Convertible  Income FD II | COM | 92838U801 |  | 3822 | 285042 | SH |  | SOLE | 1 | 285042 | 0 | 0 |
| Visa Inc. | COM | 92826C839 |  | 453 | 1500 | SH |  | SOLE | 1 | 0 | 0 | 1500 |
| Vistra Energy Corp | COM | 92840M102 |  | 5750 | 38248 | SH |  | SOLE | 1 | 25722 | 0 | 12526 |
| Walmart Inc. | COM | 931142103 |  | 199 | 1600 | SH |  | SOLE | 1 | 0 | 0 | 1600 |
| Waystar Holding Corp | COM | 946784105 |  | 820 | 34000 | SH |  | SOLE | 1 | 34000 | 0 | 0 |
| Wells Fargo  Co. 7.5 | PFD | 949746804 |  | 10841 | 9386 | SH |  | SOLE | 1 | 9386 | 0 | 0 |
| Wells Fargo  Company | COM | 949746101 |  | 279 | 3500 | SH |  | SOLE | 1 | 0 | 0 | 3500 |
| Wells Fargo Advantage Utilities and High Income Fund | COM | 94987E109 |  | 1611 | 133159 | SH |  | SOLE | 1 | 133159 | 0 | 0 |
| Wells Fargo Multi-Sector Income Fund | COM | 94987D101 |  | 1295 | 143767 | SH |  | SOLE | 1 | 143767 | 0 | 0 |
| Welltower Inc. | COM | 95040Q104 |  | 7086971 | 35845277 | SH |  | SOLE | 12 | 28988869 | 0 | 6856408 |
| Weride Inc-Adr | ADR | 950915108 |  | 445 | 55000 | SH |  | SOLE | 1 | 55000 | 0 | 0 |
| Western Asset Divers Inc | COM | 95790K109 |  | 3669 | 272993 | SH |  | SOLE | 1 | 272993 | 0 | 0 |
| Western Asset Emerging Marke | COM | 95766A101 |  | 2651 | 270000 | SH |  | SOLE | 1 | 270000 | 0 | 0 |
| Western Asset Global High In | COM | 95766B109 |  | 2436 | 412919 | SH |  | SOLE | 1 | 412919 | 0 | 0 |
| Western Asset Managed Munici | COM | 95766M105 |  | 545 | 53000 | SH |  | SOLE | 1 | 53000 | 0 | 0 |
| Western Asset Mtg Def O | COM | 95790B109 |  | 430 | 40000 | SH |  | SOLE | 1 | 40000 | 0 | 0 |
| Weyerhaeuser Company | COM | 962166104 |  | 470895 | 19275260 | SH |  | SOLE | 1 | 16400643 | 0 | 2874617 |
| Wheaton Precious Metals | COM | 962879102 |  | 1156 | 8826 | SH |  | SOLE | 1 | 8826 | 0 | 0 |
| Xcel Energy Inc. | COM | 98389B100 |  | 147999 | 1863026 | SH |  | SOLE | 12 | 1742678 | 0 | 120348 |

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