# EDGAR Filing Document

**Accession Number:** 0001486048
**File Stem:** 0001486048-23-000010
**Filing Date:** 2023-2
**Character Count:** 93173
**Document Hash:** 29ade3ab58f3057230b17da7b86b9392
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001486048-23-000010.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001486048-23-000010

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Real Assets Fund, Inc.
- **CENTRAL INDEX KEY:** 0001486048
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22410
- **FILM NUMBER:** 23667795

**BUSINESS ADDRESS:**
- **STREET 1:** 100 EAST PRATT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202
- **BUSINESS PHONE:** 410-345-4981

**MAIL ADDRESS:**
- **STREET 1:** 100 EAST PRATT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202

## 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:** 100 East Pratt Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21202

  - **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:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $6818605809.37

**Total Liabilities:** $160336934.83

**Net Assets:** $6658268874.54

**Cash Not Reported:** $2529592.20

**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 C000090373 | 7.43%                | 9.91%                | -4.05%               |
| Class ID C000159678 | 7.45%                | 9.94%                | -4.06%               |
| Class ID C000219347 | 7.47%                | 10.00%               | -3.97%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-33291783.29            | $428573537.62                              |
| Month 2  | $-30911316.62            | $640276219.37                              |
| Month 3  | $-12078073.37            | $-262966427.20                             |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                               | SPI 200 FUTURES MAR23                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | AU        |       341 | NC      | $-1039113.61  | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | SPI 200 FUTURES MAR23                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | AU        |        36 | NC      | $-109701.14   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | US ULTRA BOND CBT MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |      -255 | NC      | $-72080.85    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | US 10YR NOTE (CBT)MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |      -794 | NC      | $240796.38    | 0.00%             |  |  |  | No            |                  1 | 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      | $2463908.10   | 0.04%             |  |  |  | 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      | $18268186.18  | 0.27%             |  |  |  | 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      | $9506911.05   | 0.14%             |  |  |  | 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      | $1180519.20   | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lilac Solutions Inc                               | LILAC SOLUTIONS SAFE INVESTMENT PP                           | CUSIP: TC696KWH6<br>LEI: 2549003PYCNMV1SNZ851 | Long             | EP               | CORP              | US        |   2465817 | NS      | $2465817.00   | 0.04%             |  |  |  | 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      | $839443.20    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                               | VERAI DISCOVERIES SR A1 CVT PFD                              | CUSIP: TC58P4SD8<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62199 | NS      | $1257663.78   | 0.02%             |  |  |  | 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        |    146876 | NS      | $7348206.28   | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Venture Global LNG Inc                            | VENTURE GLOBAL LNG INC SR B PP                               | CUSIP: 000000000<br>LEI: 54930011XLBUWMQUC829 | Long             | EC               | CORP              | US        |        37 | NS      | $547423.88    | 0.01%             |  |  |  | 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      | $141772.00    | 0.00%             |  |  |  | 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      | $8576849.68   | 0.13%             |  |  |  | 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      | $1138539.60   | 0.02%             |  |  |  | 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  | 0.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Venture Global LNG Inc                            | VENTURE GLOBAL LNG INC SR C PP                               | CUSIP: 000000000<br>LEI: 54930011XLBUWMQUC829 | Long             | EC               | CORP              | US        |       759 | NS      | $11229587.16  | 0.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GOLDMAN SACHS & CO                                | USD/SEK FWD 20230113 GSILGB2X                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $347337.45    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | CME - USD SOFR IRS 5/18/23 REC FIX                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |         1 | NC      | $1104.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK                                     | NOK/EUR FWD 20230113 DEUTGB2L                                | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              | CORP              | NO        |         1 | NC      | $183165.07    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | XAE ENERGY MAR23                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      2833 | NC      | $12070923.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | XAB MATERIALS MAR23                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       584 | NC      | $-2216181.74  | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BANK                                     | NOK/USD FWD 20230113 DEUTGB2L                                | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              | CORP              | NO        |         1 | NC      | $550124.42    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                                         | LINDE PLC                                                    | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |    168684 | NS      | $55021347.12  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Logistics Park Inc                 | MITSUI FUDOSAN LOGISTICS PARK INC                            | CUSIP: 000000000<br>LEI: 353800DN63EIYS760S59 | Long             | EC               | CORP              | JP        |      3771 | NS      | $13784855.74  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Orla Mining Ltd                                   | ORLA MINING LTD                                              | CUSIP: 000000000<br>LEI: 529900DU63EUQ1UZKL30 | Long             | EC               | CORP              | CA        |   3237686 | NS      | $13103780.86  | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| K92 Mining Inc                                    | K92 MINING INC                                               | CUSIP: 000000000<br>LEI: 254900EA8H0X9FEVZU11 | Long             | EC               | CORP              | CA        |   7755572 | NS      | $43932966.94  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| SilverCrest Metals Inc                            | SILVERCREST METALS INC                                       | CUSIP: 000000000<br>LEI: 549300M4CUMXUHSXYQ10 | Long             | EC               | CORP              | CA        |     68005 | NS      | $406824.59    | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| Cellnex Telecom SA                                | CELLNEX TELECOM SA                                           | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |    283714 | NS      | $9411148.80   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| South32 Ltd                                       | SOUTH32 LTD                                                  | CUSIP: 000000000<br>LEI: 213800LAZNPXSBKVHR17 | Long             | EC               | CORP              | AU        |   6361516 | NS      | $17440915.51  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                         | SHELL PLC                                                    | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1349957 | NS      | $38056391.69  | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Core REIT Management Pte Ltd              | DIGITAL CORE REIT MANAGEMENT PTE LTD                         | CUSIP: 000000000<br>LEI: 549300IIGO612K0POE26 | Long             | EC               | CORP              | SG        |  12325400 | NS      | $6785797.78   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Northam Platinum Holdings Ltd                     | NORTHAM PLATINUM HOLDINGS LTD                                | CUSIP: 000000000<br>LEI: 3789009D0712C7101695 | Long             | EC               | CORP              | ZA        |    160716 | NS      | $1767338.04   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging SA                         | ARDAGH METAL PACKAGING SA                                    | CUSIP: L02235106<br>LEI: 5493009WKQTU4FN9G032 | Long             | EC               | CORP              | LU        |   1385678 | NS      | $6665111.18   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Epiroc AB                                         | EPIROC AB                                                    | CUSIP: 000000000<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |    942037 | NS      | $15154736.74  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                         | EPIROC AB                                                    | CUSIP: 000000000<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |   1652618 | NS      | $30092704.47  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd                                 | H WORLD GROUP LTD                                            | CUSIP: 000000000<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | KY        |   1999100 | NS      | $8523040.01   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Scentre Group                                     | SCENTRE GROUP                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   8157999 | NS      | $15880038.43  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Boliden AB                                        | BOLIDEN AB                                                   | CUSIP: 000000000<br>LEI: 21380059QU7IM1ONDJ56 | Long             | EC               | CORP              | SE        |   2105218 | NS      | $79076613.62  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Sibanye Stillwater Ltd                            | SIBANYE STILLWATER LTD                                       | CUSIP: 000000000<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |   1340959 | NS      | $3555191.15   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Verallia SA                                       | VERALLIA SA                                                  | CUSIP: 000000000<br>LEI: 5299007YZU978DE0ZY32 | Long             | EC               | CORP              | FR        |    398201 | NS      | $13494915.68  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Victoria Gold Corp                                | VICTORIA GOLD CORP                                           | CUSIP: 000000000<br>LEI: 549300VUIN6RQ5764L78 | Long             | EC               | CORP              | CA        |   2192007 | NS      | $11575221.60  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Lendlease Global Commercial REIT                  | LENDLEASE GLOBAL COMMERCIAL REIT                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |  11307010 | NS      | $5950823.14   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Karora Resources Inc                              | KARORA RESOURCES INC                                         | CUSIP: 000000000<br>LEI: 549300S6PWY0YYVHMC70 | Long             | EC               | CORP              | CA        |   7899135 | NS      | $27127753.14  | 0.41%             |  |  |  | No            |                  2 | On Loan: —       |
| Warehouses De Pauw CVA                            | WAREHOUSES DE PAUW CVA                                       | CUSIP: 000000000<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               | CORP              | BE        |    631823 | NS      | $18099699.84  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                                     | AKZO NOBEL NV                                                | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |    204486 | NS      | $13721536.64  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| InterContinental Hotels Group PLC                 | INTERCONTINENTAL HOTELS GROUP PLC                            | CUSIP: 000000000<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |    254333 | NS      | $14593323.32  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| NAC Kazatomprom JSC                               | NAC KAZATOMPROM JSC                                          | CUSIP: 000000000<br>LEI: 5493008JG5TXJP2JSY44 | Long             | EC               | CORP              | KZ        |   1259617 | NS      | $35374536.18  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Shurgard Self Storage SA                          | SHURGARD SELF STORAGE SA                                     | CUSIP: 000000000<br>LEI: 549300J0UEIKU81XO336 | Long             | EC               | CORP              | LU        |    328976 | NS      | $15085032.67  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Kojamo Oyj                                        | KOJAMO OYJ                                                   | CUSIP: 000000000<br>LEI: 7437007YPUOQZ8OV1R42 | Long             | EC               | CORP              | FI        |    944808 | NS      | $13972779.56  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Tietto Minerals Ltd                               | TIETTO MINERALS LTD                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |  45440752 | NS      | $21876536.14  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Great Portland Estates PLC                        | GREAT PORTLAND ESTATES PLC                                   | CUSIP: 000000000<br>LEI: 213800JMEDD2Q4N1MC42 | Long             | EC               | CORP              | GB        |   1818253 | NS      | $10836706.72  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Wheaton Precious Metals Corp                      | WHEATON PRECIOUS METALS CORP COM                             | CUSIP: 000000000<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    403245 | NS      | $15754549.85  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Katitas Co Ltd                                    | KATITAS CO LTD                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    563800 | NS      | $12870035.40  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Wharf Real Estate Investment Co Ltd               | WHARF REAL ESTATE INVESTMENT CO LTD                          | CUSIP: 000000000<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | KY        |   3112000 | NS      | $18124723.38  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| ERO Copper Corp                                   | ERO COPPER CORP                                              | CUSIP: 000000000<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |    583653 | NS      | $8034927.56   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnipFMC PLC                                    | TECHNIPFMC PLC                                               | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |   1550959 | NS      | $18906190.21  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Capricorn Metals Ltd                              | CAPRICORN METALS LTD                                         | CUSIP: 000000000<br>LEI: 529900CRG304NUYMOV23 | Long             | EC               | CORP              | AU        |   1068943 | NS      | $3351923.65   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Osisko Mining Inc                                 | OSISKO MINING INC                                            | CUSIP: 000000000<br>LEI: 254900SJU6CW31RVHW15 | Long             | EC               | CORP              | CA        |   3442091 | NS      | $8897576.44   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Adriatic Metals PLC                               | ADRIATIC METALS PLC                                          | CUSIP: 000000000<br>LEI: 549300OHAH2GL1DP0L61 | Long             | EC               | CORP              | GB        |   3355935 | NS      | $7163333.00   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoshino Resorts REIT Inc                          | HOSHINO RESORTS REIT INC                                     | CUSIP: 000000000<br>LEI: 353800DF2MUZWFL4IL56 | Long             | EC               | CORP              | JP        |      2031 | NS      | $10938934.77  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Granite Real Estate Investment Trust              | GRANITE REAL ESTATE INVESTMENT TRUST                         | CUSIP: 000000000<br>LEI: 549300A6I7CLE0ZC0396 | Long             | EC               | CORP              | CA        |    223700 | NS      | $11412995.57  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ALS Ltd                                           | ALS LTD                                                      | CUSIP: 000000000<br>LEI: 549300RYCQ8DMIO2J661 | Long             | EC               | CORP              | AU        |   4844543 | NS      | $40165699.90  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Alrosa PJSC                                       | ALROSA PJSC                                                  | CUSIP: 000000000<br>LEI: 894500DKUWVBYZLLE651 | Long             | EC               | CORP              | RU        |  19084530 | NS      | $25.88        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Central Asia Metals PLC                           | CENTRAL ASIA METALS PLC                                      | CUSIP: 000000000<br>LEI: 213800EYQBJZIT64NH43 | Long             | EC               | CORP              | GB        |   6860118 | NS      | $20679072.17  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Bakkafrost P/F                                    | BAKKAFROST P/F                                               | CUSIP: 000000000<br>LEI: 2138007LH7OP4V112978 | Long             | EC               | CORP              | FO        |    314662 | NS      | $19643473.49  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Holdings Inc                                | ASAHI HOLDINGS INC                                           | CUSIP: 000000000<br>LEI: 353800W25FCOFE32EM73 | Long             | EC               | CORP              | JP        |     36700 | NS      | $536121.83    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MMC Norilsk Nickel PJSC                           | MMC NORILSK NICKEL PJSC                                      | CUSIP: 000000000<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |     75310 | NS      | $0.10         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Royal Bafokeng Platinum Ltd                       | ROYAL BAFOKENG PLATINUM LTD                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     40401 | NS      | $394311.89    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Polyus PJSC                                       | POLYUS PJSC                                                  | CUSIP: 000000000<br>LEI: 549300FUXVT7TF6ZKV71 | Long             | EC               | CORP              | RU        |     63061 | NS      | $0.09         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Glencore PLC                                      | GLENCORE PLC                                                 | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |  14269981 | NS      | $95161468.50  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp                                | FRANCO-NEVADA CORP                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    391291 | NS      | $53338685.28  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| StorageVault Canada Inc                           | STORAGEVAULT CANADA INC                                      | CUSIP: 000000000<br>LEI: 254900A6LDI0HRL1VD69 | Long             | EC               | CORP              | CA        |   2029700 | NS      | $9024220.09   | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Iberdrola SA                                      | IBERDROLA SA                                                 | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    482911 | NS      | $5637262.89   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Infrastructure Fund Investment Corp  | INDUSTRIAL & INFRASTRUCTURE FUND INVESTMENT CORP             | CUSIP: 000000000<br>LEI: 353800WCHFY04YKYCI19 | Long             | EC               | CORP              | JP        |     13461 | NS      | $15537784.33  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American PLC                                | ANGLO AMERICAN PLC                                           | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    290204 | NS      | $11364356.25  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                          | SVENSKA CELLULOSA AB SCA                                     | CUSIP: 000000000<br>LEI: 549300FW5JDRV1IJ0M67 | Long             | EC               | CORP              | SE        |    789230 | NS      | $9995340.27   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandvik AB                                        | SANDVIK AB                                                   | CUSIP: 000000000<br>LEI: 5299008ZUAXN43LVZF54 | Long             | EC               | CORP              | SE        |   3493824 | NS      | $63138940.77  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia SGPS SA                              | GALP ENERGIA SGPS SA                                         | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |   1949744 | NS      | $26303289.00  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Rhyolite Resources Ltd                            | RHYOLITE RESOURCES LTD                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   5805039 | NS      | $643098.86    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metso Outotec Oyj                                 | METSO OUTOTEC OYJ                                            | CUSIP: 000000000<br>LEI: 549300R0VN9C371W0E07 | Long             | EC               | CORP              | FI        |   5140532 | NS      | $52934509.98  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Impala Platinum Holdings Ltd                      | IMPALA PLATINUM HOLDINGS LTD                                 | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |    404986 | NS      | $5089405.86   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi PLC                                         | MONDI PLC                                                    | CUSIP: 000000000<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |    195262 | NS      | $3302057.63   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TGS ASA                                           | TGS ASA                                                      | CUSIP: 000000000<br>LEI: 549300NUPLAXPB0WYH90 | Long             | EC               | CORP              | NO        |    695934 | NS      | $9410713.47   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                  | TOTALENERGIES SE                                             | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |   1658410 | NS      | $104103708.39 | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                                        | LEGRAND SA                                                   | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |    105314 | NS      | $8444258.93   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                   | NORSK HYDRO ASA                                              | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |   5644755 | NS      | $42179680.12  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesdome Gold Mines Ltd                            | WESDOME GOLD MINES LTD                                       | CUSIP: 000000000<br>LEI: 254900D63U62QS84H719 | Long             | EC               | CORP              | CA        |   7505538 | NS      | $41463385.70  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                                     | GOODMAN GROUP                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1939369 | NS      | $22807666.38  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Perseus Mining Ltd                                | PERSEUS MINING LTD                                           | CUSIP: 000000000<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |  35398362 | NS      | $50937015.16  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corp                        | INVINCIBLE INVESTMENT CORP                                   | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |     22892 | NS      | $8870460.81   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                   | XCEL ENERGY INC                                              | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     88978 | NS      | $6238247.58   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                                   | WEYERHAEUSER CO                                              | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    616059 | NS      | $19097829.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Westrock Co                                       | WESTROCK CO                                                  | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               | CORP              | US        |    184257 | NS      | $6478476.12   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP                       | USD/BRL FWD 20230202 BNPAFRPP                                | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-23208.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Welltower Inc                                     | WELLTOWER INC                                                | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |    963706 | NS      | $63170928.30  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                               | VULCAN MATERIALS CO                                          | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    214078 | NS      | $37487198.58  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                        | VENTAS INC                                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    915852 | NS      | $41259132.60  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Oil Services ETF                           | VANECK OIL SERVICES ETF                                      | CUSIP: 92189H607<br>LEI: 549300WSDUDKDJCJOV22 | Long             | EC               | RF                | US        |     70267 | NS      | $21364681.35  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| United States Treasury Bill                       | UNITED STATES TREASURY BILL                                  | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  46700000 | PA      | $46467978.99  | 0.70%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bill                       | UNITED STATES TREASURY BILL                                  | CUSIP: 912796W47<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 111500000 | PA      | $109603803.13 | 1.65%             | 2023-05-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United Airlines Holdings Inc                      | UNITED AIRLINES HOLDINGS INC                                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |    406835 | NS      | $15337679.50  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                | UNION PACIFIC CORP                                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    135282 | NS      | $28012843.74  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                               | TERRENO REALTY CORP                                          | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    856415 | NS      | $48704321.05  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                        | TENARIS SA                                                   | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    326352 | NS      | $11474536.32  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                                    | TC ENERGY CORP                                               | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    371087 | NS      | $14791527.82  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc                 | SUN COUNTRY AIRLINES HOLDINGS INC                            | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |   1004171 | NS      | $15926152.06  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                                | STEEL DYNAMICS INC                                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |    756483 | NS      | $73908389.10  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co                             | SOUTHWEST AIRLINES CO                                        | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    460967 | NS      | $15520758.89  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                              | SOUTHERN COPPER CORP                                         | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |    442257 | NS      | $26707900.23  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                                   | SOUTHERN CO/THE                                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    200921 | NS      | $14347768.61  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                          | SIMON PROPERTY GROUP INC                                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    752423 | NS      | $88394654.04  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc                     | SHOALS TECHNOLOGIES GROUP INC                                | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    450802 | NS      | $11121285.34  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                           | SHERWIN-WILLIAMS CO/THE                                      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |    161299 | NS      | $38281091.67  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                                     | SEMPRA ENERGY                                                | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     98778 | NS      | $15265152.12  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Select Sector SPDR Fund                | INDUSTRIAL SELECT SECTOR SPDR FUND                           | CUSIP: 81369Y704<br>LEI: 549300HQI51T8KP6U325 | Long             | EC               | RF                | US        |    824061 | NS      | $80931030.81  | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Schlumberger Ltd                                  | SCHLUMBERGER LTD                                             | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    190800 | NS      | $10200168.00  | 0.15%             |  |  |  | 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        |    171496 | NS      | $23302876.48  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P Homebuilders ETF                         | SPDR S&P HOMEBUILDERS ETF                                    | CUSIP: 78464A888<br>LEI: 549300MSE80LL1UJS132 | Long             | EC               | RF                | US        |    527723 | NS      | $31832251.36  | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| SL Green Realty Corp                              | SL GREEN REALTY CORP                                         | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |    161795 | NS      | $5455727.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| SBA Communications Corp                           | SBA COMMUNICATIONS CORP                                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    229135 | NS      | $64228831.85  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                    | ROYAL GOLD INC                                               | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |     58722 | NS      | $6619143.84   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gecina SA                                         | GECINA SA                                                    | CUSIP: 000000000<br>LEI: 9695003E4MMA10IBTR26 | Long             | EC               | CORP              | FR        |     67448 | NS      | $6871603.82   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexford Industrial Realty Inc                     | REXFORD INDUSTRIAL REALTY INC                                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |   1113936 | NS      | $60865463.04  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Government Reserve Investment Fund   | T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND - Collateral | CUSIP: 76105YYY8<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        | 150448505 | NS      | $150448504.85 | 2.26%             |  |  |  | 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        | 203614022 | NS      | $203614022.27 | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co                      | RELIANCE STEEL & ALUMINUM CO                                 | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |    484444 | NS      | $98070843.36  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                              | REGENCY CENTERS CORP                                         | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |   1014879 | NS      | $63429937.50  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Inc                                      | RAYONIER INC                                                 | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |    799422 | NS      | $26348949.12  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc                             | RPM INTERNATIONAL INC                                        | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |    270179 | NS      | $26328943.55  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                               | QUANTA SERVICES INC                                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     93282 | NS      | $13292685.00  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                    | PUBLIC STORAGE                                               | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |    387628 | NS      | $108609489.32 | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                      | PROLOGIS INC                                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   1316919 | NS      | $148456278.87 | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alfa Laval AB                                     | ALFA LAVAL AB                                                | CUSIP: 000000000<br>LEI: 549300UCKT2UK88AG251 | Long             | EC               | CORP              | SE        |    359837 | NS      | $10409127.07  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co                      | PIONEER NATURAL RESOURCES CO                                 | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |    223226 | NS      | $50982586.14  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                                       | EQUINOR ASA                                                  | CUSIP: 000000000<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |   1702489 | NS      | $61187924.98  | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Pebblebrook Hotel Trust                           | PEBBLEBROOK HOTEL TRUST                                      | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |   1571609 | NS      | $21043844.51  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Packaging Corp of America                         | PACKAGING CORP OF AMERICA                                    | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |    202645 | NS      | $25920321.95  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                             | TOKYO TATEMONO CO LTD                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    802200 | NS      | $9711716.06   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd                       | SUN HUNG KAI PROPERTIES LTD                                  | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |   1682000 | NS      | $22975063.21  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                         | SHIN-ETSU CHEMICAL CO LTD                                    | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |     46900 | NS      | $5727062.80   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American Platinum Ltd                       | ANGLO AMERICAN PLATINUM LTD                                  | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     25206 | NS      | $2103609.70   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd                       | NORTHERN STAR RESOURCES LTD                                  | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |   9621024 | NS      | $71997170.78  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                       | NUTRIEN LTD                                                  | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |   1294298 | NS      | $94522582.94  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                                        | NUCOR CORP                                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |    510523 | NS      | $67292036.63  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc                                | POSCO HOLDINGS INC                                           | CUSIP: 000000000<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |    198645 | NS      | $43473840.78  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu REIT Inc                                    | TOKYU REIT INC                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4506 | NS      | $7099619.22   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp                                 | NIPPON STEEL CORP                                            | CUSIP: 000000000<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |   2326300 | NS      | $40363957.71  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                             | MITSUI FUDOSAN CO LTD                                        | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |   1606000 | NS      | $29352821.83  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                             | NORFOLK SOUTHERN CORP                                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |    118067 | NS      | $29094070.14  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                | NEXTERA ENERGY INC                                           | CUSIP: 65339F770<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    476548 | NS      | $24194341.96  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                                | NEXTERA ENERGY INC                                           | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80035 | NS      | $6690926.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueScope Steel Ltd                               | BLUESCOPE STEEL LTD                                          | CUSIP: 000000000<br>LEI: 529900H6UQI16XACWC95 | Long             | EC               | CORP              | AU        |   2584424 | NS      | $29455280.63  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Newmont Corp                                      | NEWMONT CORP                                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    688003 | NS      | $32473741.60  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Zinc Co Ltd                                 | KOREA ZINC CO LTD                                            | CUSIP: 000000000<br>LEI: 988400D0HSQUB1I1VO41 | Long             | EC               | CORP              | KR        |     13502 | NS      | $6050937.95   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyoritsu Maintenance Co Ltd                       | KYORITSU MAINTENANCE CO LTD                                  | CUSIP: 000000000<br>LEI: 353800IO2MFHL1NA0986 | Long             | EC               | CORP              | JP        |    202700 | NS      | $9049638.03   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| IGO Ltd                                           | IGO LTD                                                      | CUSIP: 000000000<br>LEI: 2549005DZO8VGXM5QN07 | Long             | EC               | CORP              | AU        |   2136000 | NS      | $19538746.30  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongkong Land Holdings Ltd                        | HONGKONG LAND HOLDINGS LTD                                   | CUSIP: 000000000<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |   4432400 | NS      | $20392654.98  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust            | CAPITALAND INTEGRATED COMMERCIAL TRUST                       | CUSIP: 000000000<br>LEI: 54930031292WUTXF0L29 | Long             | EC               | CORP              | SG        |  14423200 | NS      | $21998443.22  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| OZ Minerals Ltd                                   | OZ MINERALS LTD                                              | CUSIP: 000000000<br>LEI: 529900O2VBT5CL7EZT27 | Long             | EC               | CORP              | AU        |   1856799 | NS      | $34999107.12  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Ltd                                     | RIO TINTO LTD                                                | CUSIP: 000000000<br>LEI: 529900X2VMAQT2PE0V24 | Long             | EC               | CORP              | AU        |    646049 | NS      | $50989796.69  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd                                     | BHP GROUP LTD                                                | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |   8581329 | NS      | $265823353.42 | 3.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                     | MARTIN MARIETTA MATERIALS INC                                | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     75604 | NS      | $25551883.88  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD                     | MARRIOTT INTERNATIONAL INC/MD                                | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     99844 | NS      | $14865773.16  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                           | MAGNOLIA OIL & GAS CORP                                      | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    827063 | NS      | $19394627.35  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP                       | USD/BRL FWD 20230104 BNPAFRPP                                | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $30932.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Energy Inc                                | LIBERTY ENERGY INC                                           | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    326138 | NS      | $5221469.38   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Oyj                                   | UPM-KYMMENE OYJ                                              | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    552012 | NS      | $20657055.91  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| KRC Interim Corp                                  | KIMCO REALTY CORP                                            | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |    611691 | NS      | $12955615.38  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                                | KILROY REALTY CORP                                           | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    472172 | NS      | $18258891.24  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                             | SCHNEIDER ELECTRIC SE                                        | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |    113190 | NS      | $15895797.85  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| JetBlue Airways Corp                              | JETBLUE AIRWAYS CORP                                         | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |    865365 | NS      | $5607565.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWOOL A/S                                      | ROCKWOOL A/S                                                 | CUSIP: 000000000<br>LEI: 213800QRC7LNX935OZ09 | Long             | EC               | CORP              | DK        |     32872 | NS      | $7695430.40   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares MSCI Global Metals & Mining Producers ETF | ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF            | CUSIP: 46434G848<br>LEI: 549300P22YCPXTDJWG70 | Long             | EC               | RF                | US        |    961117 | NS      | $39405797.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| International Paper Co                            | INTERNATIONAL PAPER CO                                       | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    368460 | NS      | $12759769.80  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                       | HUBBELL INC                                                  | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |     89982 | NS      | $21116975.76  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Corp/The                            | HOWARD HUGHES CORP/THE                                       | CUSIP: 44267D107<br>LEI: 549300BVHY25JZC1KI49 | Long             | EC               | CORP              | US        |     77616 | NS      | $5931414.72   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                         | HOST HOTELS & RESORTS INC                                    | CUSIP: 44107P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    647331 | NS      | $10389662.55  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                     | HILTON WORLDWIDE HOLDINGS INC                                | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    268287 | NS      | $33900745.32  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                                         | HESS CORP                                                    | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |    458904 | NS      | $65081765.28  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                                    | HALLIBURTON CO                                               | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    364488 | NS      | $14342602.80  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Group Holdings Inc                       | FRONTIER GROUP HOLDINGS INC                                  | CUSIP: 35909R108<br>LEI: 549300DT3Y2BHO6G7T02 | Long             | EC               | CORP              | US        |   1630975 | NS      | $16750113.25  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                   | FEDERAL REALTY INVESTMENT TRUST                              | CUSIP: 313745101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32725 | NS      | $3306534.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                          | FMC CORP                                                     | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |    230674 | NS      | $28788115.20  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                           | EXTRA SPACE STORAGE INC                                      | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74157 | NS      | $10914427.26  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc                          | ESSEX PROPERTY TRUST INC                                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |    231787 | NS      | $49120301.04  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co Ltd                         | WEST FRASER TIMBER CO LTD                                    | CUSIP: 000000000<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     66668 | NS      | $4813981.06   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity Residential                                | EQUITY RESIDENTIAL                                           | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |   1023735 | NS      | $60400365.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                   | EQUITY LIFESTYLE PROPERTIES INC                              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |   1350232 | NS      | $87224987.20  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                       | EQUINIX INC                                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |    201543 | NS      | $132016711.29 | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Toromont Industries Ltd                           | TOROMONT INDUSTRIES LTD                                      | CUSIP: 000000000<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |    506208 | NS      | $36529973.18  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Element Solutions Inc                             | ELEMENT SOLUTIONS INC                                        | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    500211 | NS      | $9098838.09   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                          | EASTGROUP PROPERTIES INC                                     | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |    206438 | NS      | $30565210.28  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                 | EOG RESOURCES INC                                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    551179 | NS      | $71388704.08  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico SAB de CV                            | GRUPO MEXICO SAB DE CV                                       | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |   3588248 | NS      | $12604396.66  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Douglas Emmett Inc                                | DOUGLAS EMMETT INC                                           | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1195448 | NS      | $18744624.64  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                               | DOMINION ENERGY INC                                          | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    143620 | NS      | $8806778.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                                 | DEVON ENERGY CORP                                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    763136 | NS      | $46940495.36  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                               | DELTA AIR LINES INC                                          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |    513966 | NS      | $16888922.76  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrias Penoles SAB de CV                      | INDUSTRIAS PENOLES SAB DE CV                                 | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | EC               | CORP              | MX        |     64998 | NS      | $803865.14    | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| Deere & Co                                        | DEERE & CO                                                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     85738 | NS      | $36761024.88  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                           | DARLING INGREDIENTS INC                                      | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    407827 | NS      | $25525891.93  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                                     | DTE ENERGY CO                                                | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     71700 | NS      | $8426901.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                       | CUMMINS INC                                                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     97162 | NS      | $23541380.98  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                         | CUBESMART                                                    | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1324424 | NS      | $53308066.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                                | CROWN HOLDINGS INC                                           | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |    148156 | NS      | $12179904.76  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                  | CROWN CASTLE INC                                             | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    277068 | NS      | $37581503.52  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                           | VALE SA                                                      | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    713739 | NS      | $12153423.98  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian National Railway Co                      | CANADIAN NATIONAL RAILWAY CO                                 | CUSIP: 000000000<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |    172978 | NS      | $20547844.55  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                    | CANADIAN NATURAL RESOURCES LTD                               | CUSIP: 000000000<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    443164 | NS      | $24609675.89  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Apartment Properties REIT                | CANADIAN APARTMENT PROPERTIES REIT                           | CUSIP: 000000000<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               | CORP              | CA        |    426638 | NS      | $13448234.74  | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| ConocoPhillips                                    | CONOCOPHILLIPS                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    949298 | NS      | $112017164.00 | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                      | CHEVRON CORP                                                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    387029 | NS      | $69467835.21  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Energy Corp                            | CHESAPEAKE ENERGY CORP                                       | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    193400 | NS      | $18251158.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ChampionX Corp                                    | CHAMPIONX CORP                                               | CUSIP: 15872M104<br>LEI: 549300EP2909K6DYYP38 | Long             | EC               | CORP              | US        |    445612 | NS      | $12918291.88  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                   | CATERPILLAR INC                                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     71919 | NS      | $17228915.64  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Railway Ltd                      | CANADIAN PACIFIC RAILWAY LTD                                 | CUSIP: 13645T100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    257331 | NS      | $19194319.29  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Camden Property Trust                             | CAMDEN PROPERTY TRUST                                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |    346395 | NS      | $38754672.60  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                        | CACTUS INC                                                   | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |    277801 | NS      | $13962278.26  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                          | CSX CORP                                                     | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    583123 | NS      | $18065150.54  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                   | CMS ENERGY CORP                                              | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |    111964 | NS      | $7090680.12   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                        | CF INDUSTRIES HOLDINGS INC                                   | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    250366 | NS      | $21331183.20  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Weir Group PLC/The                                | WEIR GROUP PLC/THE                                           | CUSIP: 000000000<br>LEI: 549300KDR56WHY9I3D10 | Long             | EC               | CORP              | GB        |   2952018 | NS      | $59378177.76  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                     | RIO TINTO PLC                                                | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |   1528680 | NS      | $107594676.59 | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE Group PLC/The                               | UNITE GROUP PLC/THE                                          | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |   1372629 | NS      | $15058698.45  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Persimmon PLC                                     | PERSIMMON PLC                                                | CUSIP: 000000000<br>LEI: 213800XI72Y57UWN6F31 | Long             | EC               | CORP              | GB        |    359543 | NS      | $5271845.37   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ball Corp                                         | BALL CORP                                                    | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |    664488 | NS      | $33981916.32  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                   | BAKER HUGHES CO                                              | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    405648 | NS      | $11978785.44  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                               | AVERY DENNISON CORP                                          | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     70727 | NS      | $12801587.00  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc                         | AVALONBAY COMMUNITIES INC                                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |    380199 | NS      | $61409742.48  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                        | APPLE HOSPITALITY REIT INC                                   | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |   2128444 | NS      | $33586846.32  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Income REIT Corp                        | APARTMENT INCOME REIT CORP                                   | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    354282 | NS      | $12155415.42  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Management Co            | APARTMENT INVESTMENT AND MANAGEMENT CO                       | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |    441316 | NS      | $3142169.92   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                               | AMERICAN TOWER CORP                                          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    390093 | NS      | $82645102.98  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & COMPANY LLC                      | BRL/USD FWD 20230104 MSLNGB2X                                | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | BR        |         1 | NC      | $839037.07    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Big Yellow Group PLC                              | BIG YELLOW GROUP PLC                                         | CUSIP: 000000000<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               | CORP              | GB        |    656631 | NS      | $9095225.21   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                             | AMERICAN HOMES 4 RENT                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |   1634533 | NS      | $49264824.62  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Derwent London PLC                                | DERWENT LONDON PLC                                           | CUSIP: 000000000<br>LEI: 213800BXKQ9KZNUR1M61 | Long             | EC               | CORP              | GB        |    397381 | NS      | $11373546.04  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Ameren Corp                                       | AMEREN CORP                                                  | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     96954 | NS      | $8621149.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co                               | ALLEGIANT TRAVEL CO                                          | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |    128741 | NS      | $8753100.59   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities Inc               | ALEXANDRIA REAL ESTATE EQUITIES INC                          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |    425002 | NS      | $61910041.34  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                    | ALBEMARLE CORP                                               | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     32147 | NS      | $6971398.42   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                              | ALASKA AIR GROUP INC                                         | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    207574 | NS      | $8913227.56   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                    | AIR PRODUCTS AND CHEMICALS INC                               | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     88702 | NS      | $27343278.52  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                               | ACADIA REALTY TRUST                                          | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1991000 | NS      | $28570850.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                         | AGCO CORP                                                    | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     68731 | NS      | $9532302.39   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-31

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

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President