# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001145549-23-010253
**Filing Date:** 2023-2
**Character Count:** 50724
**Document Hash:** ffaa5532557c8a1a3b357e844b60c65c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-010253.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001145549-23-010253

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476
- **IRS NUMBER:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 23670674

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower Real Estate Index Fund (Series ID: S000038789)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000119487 | Investor Class      | MXREX           |
| C000155815 | Institutional Class | MXSFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EMPOWER FUNDS, INC.

- **b. Investment Company Act file number:** 811-03364

- **c. CIK number of Registrant:** 0000356476

- **d. LEI of Registrant:** RUYOMHMDMSPQ01U66388

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

  - **Street Address 1:** 8515 E Orchard Road

  - **City:** Greenwood Village

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 866-831-7129

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

- **a. Name of Series:** Empower Real Estate Index Fund

- **b. EDGAR series identifier (if any):** S000038789

- **c. LEI of Series:** 549300XP0KJCX9NXMH47

**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:** $552976852.17

**Total Liabilities:** $5950739.70

**Net Assets:** $547026112.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000119487 | 4.49%                | 5.72%                | -5.27%               |
| Class ID C000155815 | 4.51%                | 5.80%                | -5.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5273857.68              | $21963769.17                               |
| Month 2  | $5273131.87              | $29315613.91                               |
| Month 3  | $5218256.77              | $-32563655.46                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CITIGROUP GLOBAL MARKETS INC REPO           | CITIGROUP GLOBAL MARKETS INC REPO SLRPD 4.300% 01/03/2023 | CUSIP: 744900241<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | RA               | CORP              | US        |   1058861 | PA      | $1058861.00   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE CIB REPO                    | CREDIT AGRICOLE CIB REPO SLRPD 4.300% 01/03/2023          | CUSIP: 744900242<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | RA               | CORP              | US        |   1058861 | PA      | $1058861.00   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| BOFA SECURITIES INC REPO.                   | BOFA SECURITIES INC REPO. SLRPD 4.300% 01/03/2023         | CUSIP: 744900250<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |   1058861 | PA      | $1058861.00   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC  REPO               | TD SECURITIES (USA) LLC  REPO SLRPA 4.270% 01/03/2023     | CUSIP: 744900204<br>LEI: SUVUFHICNZMP2WKHG940 | Long             | RA               | CORP              | US        |    218679 | PA      | $218679.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| RBC DOMINION SECURITIES INC REPO            | RBC DOMINION SECURITIES INC REPO SLRPD 4.300% 01/03/2023  | CUSIP: 744900253<br>LEI: 549300QJJX6CVVUXLE15 | Long             | RA               | CORP              | US        |   1058861 | PA      | $1058861.00   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CME GLOBEX                                  | S&P 500 EMINI FUTURES                                     | CUSIP: 00001ESH3<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        23 | NC      | $-30183.33    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                           | Agree Realty Corp COM                                     | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54656 | NS      | $3876750.08   | 0.71%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc.      | Essential Properties Realty Trust Inc. COM                | CUSIP: 29670E107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87455 | NS      | $2052568.85   | 0.38%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Eastgroup Properties, Inc.                  | Eastgroup Properties, Inc. COM                            | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     26888 | NS      | $3981037.28   | 0.73%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Franklin Street Properties Corp MA          | Franklin Street Properties Corp MA COM                    | CUSIP: 35471R106<br>LEI: 549300STLK2T6QY5WO82 | Long             | EC               | CORP              | US        |     58447 | NS      | $159560.31    | 0.03%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                   | Healthpeak Properties Inc COM                             | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |    331697 | NS      | $8315643.79   | 1.52%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc.                    | Extra Space Storage Inc. COM USD0.01                      | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |     82639 | NS      | $12162808.02  | 2.22%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| The Macerich Company                        | The Macerich Company COM                                  | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    133408 | NS      | $1502174.08   | 0.27%             | N/A             | Fixed         | 2.44%                 | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc               | Independence Realty Trust Inc COM                         | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    137235 | NS      | $2313782.10   | 0.42%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.     | Mid-America Apartment Communities, Inc. COM               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     71256 | NS      | $11186479.44  | 2.04%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Veris Residential Inc                       | Veris Residential Inc COM                                 | CUSIP: 554489104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49469 | NS      | $788041.17    | 0.14%             | N/A             | Fixed         | 2.52%                 | No            |                  1 | On Loan: No      |
| Medical Properties Trust Inc.               | Medical Properties Trust Inc. COM                         | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    369004 | NS      | $4110704.56   | 0.75%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: —       |
| National Health Investors, Inc.             | National Health Investors, Inc. COM                       | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     27048 | NS      | $1412446.56   | 0.26%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| National Retail Properties, Inc.            | National Retail Properties, Inc. COM                      | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |    110289 | NS      | $5046824.64   | 0.92%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc.                  | Park Hotels & Resorts Inc. COM                            | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    139076 | NS      | $1639706.06   | 0.30%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Terreno Realty Corporation                  | Terreno Realty Corporation COM                            | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41038 | NS      | $2333831.06   | 0.43%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Realty Income Corp.                         | Realty Income Corp. COM                                   | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    386994 | NS      | $24547029.40  | 4.49%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                       | Regency Centers Corp. COM                                 | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     95034 | NS      | $5939625.00   | 1.09%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Urban Edge Properties                       | Urban Edge Properties COM                                 | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72351 | NS      | $1019425.59   | 0.19%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                    | Simon Property Group Inc COM                              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    201746 | NS      | $23701120.08  | 4.33%             | N/A             | Fixed         | 2.60%                 | No            |                  1 | On Loan: No      |
| STORE Capital Corp.                         | STORE Capital Corp. COM                                   | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               | CORP              | US        |    163969 | NS      | $5256846.14   | 0.96%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Elme Communities                            | Elme Communities SH BEN INT                               | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |     54206 | NS      | $964866.80    | 0.18%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Apple Hospitality Reit Inc                  | Apple Hospitality Reit Inc COM NEW                        | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    130682 | NS      | $2062161.96   | 0.38%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Corporate Office Properties Trust           | Corporate Office Properties Trust COM USD0.01             | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     69373 | NS      | $1799535.62   | 0.33%             | N/A             | Fixed         | 0.94%                 | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                          | Douglas Emmett Inc COM                                    | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108541 | NS      | $1701922.88   | 0.31%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Global Net Lease Inc                        | Global Net Lease Inc COM NEW                              | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |     65052 | NS      | $817703.64    | 0.15%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Global Medical REIT Inc.                    | Global Medical REIT Inc. COM NEW                          | CUSIP: 37954A204<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EC               | CORP              | US        |     38213 | NS      | $362259.24    | 0.07%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Life Storage Inc                            | Life Storage Inc COM                                      | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |     52449 | NS      | $5166226.50   | 0.94%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| NETSTREIT Corp.                             | NETSTREIT Corp. COM                                       | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |     33210 | NS      | $608739.30    | 0.11%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Nexpoint Residential Trust Inc              | Nexpoint Residential Trust Inc COM                        | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |     14183 | NS      | $617244.16    | 0.11%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Paramount Group Inc                         | Paramount Group Inc COM                                   | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Long             | EC               | CORP              | US        |     99884 | NS      | $593310.96    | 0.11%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Ashford Hospitality Trust Inc               | Ashford Hospitality Trust Inc COM SHS                     | CUSIP: 044103869<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21568 | NS      | $96408.96     | 0.02%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Camden Property Trust                       | Camden Property Trust SH BEN INT                          | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     65735 | NS      | $7354431.80   | 1.34%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Cousins Properties Incorporated             | Cousins Properties Incorporated COM NEW                   | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     92841 | NS      | $2347948.90   | 0.43%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                     | Pebblebrook Hotel Trust COM USD0.01 SBI                   | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |     80147 | NS      | $1073168.33   | 0.20%             | N/A             | Fixed         | 0.48%                 | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust LP                        | RLJ Lodging Trust LP COM                                  | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100975 | NS      | $1069325.25   | 0.20%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| UDR Inc                                     | UDR Inc COM                                               | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    188827 | NS      | $7313269.71   | 1.34%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co.                 | DiamondRock Hospitality Co. COM USD0.01                   | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    129768 | NS      | $1062799.92   | 0.19%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc             | Equity Lifestyle Properties Inc COM                       | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    107952 | NS      | $6973699.20   | 1.27%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Getty Realty Corp                           | Getty Realty Corp COM                                     | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     26637 | NS      | $901662.45    | 0.16%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| HRTI LLC                                    | HRTI LLC CL A COM                                         | CUSIP: 42226K105<br>LEI: 549300CB86LH2IOKHH22 | Long             | EC               | CORP              | US        |    234838 | NS      | $4525328.26   | 0.83%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Innovative Industrial Propertes Inc         | Innovative Industrial Propertes Inc COM USD0.001          | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |     17261 | NS      | $1749402.35   | 0.32%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc.              | Rexford Industrial Realty Inc. COM                        | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    113226 | NS      | $6186668.64   | 1.13%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Tanger Factory Outlet Centers Incorporation | Tanger Factory Outlet Centers Incorporation COM           | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     65099 | NS      | $1167876.06   | 0.21%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| UMH Properties Inc                          | UMH Properties Inc COM STK USD0.10                        | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     32865 | NS      | $529126.50    | 0.10%             | N/A             | Fixed         | 0.72%                 | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts Inc                  | Xenia Hotels & Resorts Inc COM                            | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     70752 | NS      | $932511.36    | 0.17%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                         | Acadia Realty Trust COM SH BEN INT                        | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57717 | NS      | $828238.95    | 0.15%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| American Assets Trust Inc.                  | American Assets Trust Inc. COM                            | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31654 | NS      | $838831.00    | 0.15%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| The Necessity Retail Reit Inc               | The Necessity Retail Reit Inc COM CLASS A                 | CUSIP: 02607T109<br>LEI: 549300GN4H0K3IUS8983 | Long             | EC               | CORP              | US        |     82514 | NS      | $489308.02    | 0.09%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Community Healthcare Trust Inc              | Community Healthcare Trust Inc COM                        | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |     14106 | NS      | $504994.80    | 0.09%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| CubeSmart L.P.                              | CubeSmart L.P. COM                                        | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138578 | NS      | $5577764.50   | 1.02%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                   | Host Hotels & Resorts Inc COM                             | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    436616 | NS      | $7007686.80   | 1.28%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                        | JBG SMITH Properties COM                                  | CUSIP: 46590V100<br>LEI: 549300HHIW6GDQCPEC54 | Long             | EC               | CORP              | US        |     60323 | NS      | $1144930.54   | 0.21%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| LTC Properties Inc                          | LTC Properties Inc COM                                    | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     25105 | NS      | $891980.65    | 0.16%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                        | LXP Industrial Trust COM USD0.0001                        | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |    170465 | NS      | $1708059.30   | 0.31%             | N/A             | Fixed         | 1.40%                 | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.       | Alexandria Real Estate Equities, Inc. COM USD0.01         | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     92140 | NS      | $13422033.80  | 2.45%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| EPR Properties                              | EPR Properties COM SH BEN INT                             | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     46293 | NS      | $1746171.96   | 0.32%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Piedmont Office Realty Trust, Inc.          | Piedmont Office Realty Trust, Inc. COM CL A               | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77734 | NS      | $712820.78    | 0.13%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Service Properties Trust                    | Service Properties Trust COM SH BEN INT                   | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               | CORP              | US        |    101551 | NS      | $740306.79    | 0.14%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc          | Easterly Government Properties Inc COM                    | CUSIP: 27616P103<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |     56373 | NS      | $804442.71    | 0.15%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: —       |
| Hersha Hospitality Trust                    | Hersha Hospitality Trust PR SHS BEN INT                   | CUSIP: 427825500<br>LEI: 549300DNC58BIN1VO064 | Long             | EC               | CORP              | US        |     18630 | NS      | $158727.60    | 0.03%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Office Properties Income Trust              | Office Properties Income Trust COM SHS BEN INT            | CUSIP: 67623C109<br>LEI: 529900A38AW14ELBTL34 | Long             | EC               | CORP              | US        |     30203 | NS      | $403210.05    | 0.07%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Prologis Inc.                               | Prologis Inc. COM USD0.01                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    569596 | NS      | $64210557.13  | 11.74%            | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Retail Opportunity Investments Corp         | Retail Opportunity Investments Corp COM                   | CUSIP: 76131N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76159 | NS      | $1144669.77   | 0.21%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc            | Ryman Hospitality Properties Inc COM                      | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     34133 | NS      | $2791396.74   | 0.51%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                  | Americold Realty Trust Inc COM                            | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |    166237 | NS      | $4706169.47   | 0.86%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                    | Digital Realty Trust Inc COM                              | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    177420 | NS      | $17789903.40  | 3.25%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Apartment Investment and Management Company | Apartment Investment and Management Company CL A          | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |     94367 | NS      | $671893.05    | 0.12%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust                       | Chatham Lodging Trust COM                                 | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29217 | NS      | $358492.59    | 0.07%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Equity Residential Properties Trust         | Equity Residential Properties Trust SH BEN INT            | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    209881 | NS      | $12382979.00  | 2.26%             | N/A             | Fixed         | 1.73%                 | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                  | Essex Property Trust, Inc. COM                            | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |     39958 | NS      | $8467899.36   | 1.55%             | N/A             | Fixed         | 3.16%                 | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc.            | Four Corners Property Trust Inc. COM                      | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     51922 | NS      | $1346337.46   | 0.25%             | N/A             | Fixed         | 0.08%                 | No            |                  1 | On Loan: No      |
| Kilroy Realty Corporation                   | Kilroy Realty Corporation COM                             | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     65216 | NS      | $2521902.72   | 0.46%             | N/A             | Fixed         | 1.98%                 | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                     | Kite Realty Group Trust COM NEW                           | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    135468 | NS      | $2851601.40   | 0.52%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Sl Green Realty Corp                        | Sl Green Realty Corp COM                                  | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     39535 | NS      | $1333120.23   | 0.24%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Summit Hotel Properties, Inc.               | Summit Hotel Properties, Inc. COM                         | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |     65932 | NS      | $476029.04    | 0.09%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Equinix, Inc.                               | Equinix, Inc. COM                                         | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     57102 | NS      | $37403523.06  | 6.84%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Kimco Realty Corporation                    | Kimco Realty Corporation COM                              | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |    381630 | NS      | $8082923.41   | 1.48%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust           | National Storage Affiliates Trust COM SHS BEN IN          | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52526 | NS      | $1897239.12   | 0.35%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.            | Omega Healthcare Investors, Inc. COM                      | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    144505 | NS      | $4038914.75   | 0.74%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Orion Office Reit Inc                       | Orion Office Reit Inc COM                                 | CUSIP: 68629Y103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34088 | NS      | $291111.56    | 0.05%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Public Storage                              | Public Storage COM                                        | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |     97541 | NS      | $27330012.79  | 5.00%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Site Centers Corp                           | Site Centers Corp COM                                     | CUSIP: 82981J109<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |    114282 | NS      | $1561092.12   | 0.29%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Caretrust Reit Inc                          | Caretrust Reit Inc COM                                    | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     59196 | NS      | $1099861.68   | 0.20%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc               | Hudson Pacific Properties Inc COM                         | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77550 | NS      | $754561.50    | 0.14%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                  | Brixmor Property Group Inc COM                            | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    185066 | NS      | $4195446.22   | 0.77%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.         | First Industrial Realty Trust, Inc. COM                   | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81536 | NS      | $3934927.36   | 0.72%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                  | Highwoods Properties, Inc. COM                            | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     64914 | NS      | $1816293.72   | 0.33%             | N/A             | Fixed         | 1.70%                 | No            |                  1 | On Loan: No      |
| Spirit Realty Capital Inc                   | Spirit Realty Capital Inc COM NEW                         | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |     86179 | NS      | $3441127.47   | 0.63%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Industrial Logistics Properties Trust       | Industrial Logistics Properties Trust COM SHS BEN INT     | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               | CORP              | US        |     40815 | NS      | $133465.05    | 0.02%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc.               | Plymouth Industrial REIT Inc. COM                         | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24550 | NS      | $470869.00    | 0.09%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| W. P. Carey Inc                             | W. P. Carey Inc COM                                       | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |    128369 | NS      | $10032037.35  | 1.83%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                       | STAG Industrial, Inc. COM                                 | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    110587 | NS      | $3573065.97   | 0.65%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                       | Sun Communities, Inc. COM                                 | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     76448 | NS      | $10932064.00  | 2.00%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust        | Universal Health Realty Income Trust SH BEN INT           | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |      7620 | NS      | $363702.60    | 0.07%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Ventas Inc.                                 | Ventas Inc. COM                                           | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    246651 | NS      | $11111627.55  | 2.03%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                        | Vornado Realty Trust SH BEN INT                           | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98914 | NS      | $2058400.34   | 0.38%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Welltower OP LLC                            | Welltower OP LLC COM                                      | CUSIP: 95040Q104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    291575 | NS      | $19112741.25  | 3.49%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                 | AvalonBay Communities, Inc. COM                           | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     86326 | NS      | $13943375.52  | 2.55%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Boston Properties, Inc.                     | Boston Properties, Inc. COM                               | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     88023 | NS      | $5948594.34   | 1.09%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                     | Brandywine Realty Trust SH BEN INT NEW                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    104882 | NS      | $645024.30    | 0.12%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Broadstone Net Lease Inc                    | Broadstone Net Lease Inc COM                              | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    106824 | NS      | $1731617.04   | 0.32%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| City Office REIT Inc                        | City Office REIT Inc COM                                  | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               | CORP              | US        |     25703 | NS      | $215391.14    | 0.04%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc               | Empire State Realty Trust Inc CL A                        | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     79453 | NS      | $535513.22    | 0.10%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors Inc.               | Sunstone Hotel Investors Inc. COM                         | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    129437 | NS      | $1250361.42   | 0.23%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                       | American Homes 4 Rent COM USD0.01 'A'                     | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    189405 | NS      | $5708666.70   | 1.04%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Apartment Income Reit Corp                  | Apartment Income Reit Corp COM                            | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92516 | NS      | $3174223.97   | 0.58%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Diversified Healthcare Trust                | Diversified Healthcare Trust COM SH BEN INT               | CUSIP: 25525P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150840 | NS      | $97563.32     | 0.02%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust             | Federal Realty Investment Trust SH BEN INT NEW            | CUSIP: 313745101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45101 | NS      | $4557005.04   | 0.83%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Invitation Homes Inc.                       | Invitation Homes Inc. COM                                 | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    358415 | NS      | $10623420.60  | 1.94%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| RPT Realty                                  | RPT Realty SH BEN INT                                     | CUSIP: 74971D101<br>LEI: 549300344BKLXBZOOF93 | Long             | EC               | CORP              | US        |     51563 | NS      | $517692.52    | 0.09%             | N/A             | Fixed         | 1.68%                 | No            |                  1 | On Loan: No      |
| Equity Commonwealth                         | Equity Commonwealth COM SH BEN INT                        | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               | CORP              | US        |     67857 | NS      | $1694389.29   | 0.31%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| Centerspace                                 | Centerspace COM                                           | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      9309 | NS      | $546159.03    | 0.10%             | N/A             | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-17

**Name of Applicant:** GREAT-WEST FUNDS INC

**Signature:** /s/Kelly New

**Name of Signer:** Kelly New

**Title:** Treasurer, Great-West Funds, Inc.