# EDGAR Filing Document

**Accession Number:** 0001112996
**File Stem:** 0001752724-25-180519
**Filing Date:** 2025-7
**Character Count:** 70729
**Document Hash:** d016c29d362ed6812dd4bb900ebd898f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180519.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180519

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
- **CENTRAL INDEX KEY:** 0001112996

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09913
- **FILM NUMBER:** 251154403

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 713-626-1919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES TRUST
- **DATE OF NAME CHANGE:** 20040322

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS
- **DATE OF NAME CHANGE:** 20031126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 20031001

## Series and Classes Contracts Data

### Invesco Global Real Estate Income Fund (Series ID: S000014560)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000039690 | CLASS A      | ASRAX           |
| C000039692 | CLASS C      | ASRCX           |
| C000039693 | CLASS R5     | ASRIX           |
| C000071349 | Class Y      | ASRYX           |
| C000120776 | Class R6     | ASRFX           |

## Nport-Ex

**Schedule of Investments** 

*May 31, 2025*

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares** | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares** | **Value** |
| **Common Stocks & Other Equity Interests–78.28%** | **Common Stocks & Other Equity Interests–78.28%** | **Common Stocks & Other Equity Interests–78.28%** |
| **Australia–4.62%** | **Australia–4.62%** | **Australia–4.62%** |
| Goodman Group | 477188 | &nbsp;&nbsp; $10121258 |
| NEXTDC Ltd.<sup>(a)</sup>  | 212180 | &nbsp;&nbsp; 1795079 |
| Stockland | 1422687 | &nbsp;&nbsp; 5010478 |
|  |  | &nbsp;&nbsp; 16926815 |
| **Canada–0.91%** | **Canada–0.91%** | **Canada–0.91%** |
| Allied Properties REIT | 128400 | &nbsp;&nbsp; 1476411 |
| RioCan REIT | 146800 | &nbsp;&nbsp; 1854856 |
|  |  | &nbsp;&nbsp; 3331267 |
| **France–0.77%** | **France–0.77%** | **France–0.77%** |
| Unibail-Rodamco-Westfield | 29765 | &nbsp;&nbsp; 2822918 |
| **Germany–3.77%** | **Germany–3.77%** | **Germany–3.77%** |
| LEG Immobilien SE | 40383 | &nbsp;&nbsp; 3428744 |
| Sirius Real Estate Ltd. | 3291636 | &nbsp;&nbsp; 4238208 |
| Vonovia SE | 187599 | &nbsp;&nbsp; 6146591 |
|  |  | &nbsp;&nbsp; 13813543 |
| **Hong Kong–2.06%** | **Hong Kong–2.06%** | **Hong Kong–2.06%** |
| Hongkong Land Holdings Ltd. | 398800 | &nbsp;&nbsp; 2060080 |
| Link REIT | 633200 | &nbsp;&nbsp; 3351043 |
| Sun Hung Kai Properties Ltd. | 200000 | &nbsp;&nbsp; 2148334 |
|  |  | &nbsp;&nbsp; 7559457 |
| **Japan–6.65%** | **Japan–6.65%** | **Japan–6.65%** |
| Activia Properties, Inc. | 3222 | &nbsp;&nbsp; 2572837 |
| GLP J-Reit | 4089 | &nbsp;&nbsp; 3607005 |
| Invincible Investment Corp. | 4116 | &nbsp;&nbsp; 1751477 |
| &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Investment <br> Corp. | 3667 | &nbsp;&nbsp; 2510304 |
| Mitsui Fudosan Co. Ltd. | 1074700 | &nbsp;&nbsp; 10292919 |
| &nbsp;&nbsp;&nbsp; Sumitomo Realty & Development Co. <br> Ltd. | 94300 | &nbsp;&nbsp; 3612337 |
|  |  | &nbsp;&nbsp; 24346879 |
| **Netherlands–0.71%** | **Netherlands–0.71%** | **Netherlands–0.71%** |
| CTP N.V.<sup>(b)</sup>  | 136668 | &nbsp;&nbsp; 2601563 |
| **Singapore–1.38%** | **Singapore–1.38%** | **Singapore–1.38%** |
| &nbsp;&nbsp;&nbsp; CapitaLand Integrated Commercial <br> Trust | 1318329 | &nbsp;&nbsp; 2135390 |
| CapitaLand Investment Ltd. | 808600 | &nbsp;&nbsp; 1576784 |
| Mapletree Logistics Trust | 1548000 | &nbsp;&nbsp; 1333011 |
|  |  | &nbsp;&nbsp; 5045185 |
| **Spain–0.66%** | **Spain–0.66%** | **Spain–0.66%** |
| Merlin Properties SOCIMI S.A. | 193757 | &nbsp;&nbsp; 2400490 |
| **Sweden–1.60%** | **Sweden–1.60%** | **Sweden–1.60%** |
| Fastighets AB Balder, Class B<sup>(a)</sup>  | 836972 | &nbsp;&nbsp; 5868411 |
| **United Kingdom–2.40%** | **United Kingdom–2.40%** | **United Kingdom–2.40%** |
| LondonMetric Property PLC | 2088597 | &nbsp;&nbsp; 5670711 |
| Segro PLC | 332356 | &nbsp;&nbsp; 3125545 |
|  |  | &nbsp;&nbsp; 8796256 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; <br> **Shares** | &nbsp;&nbsp; <br> **Shares** | **Value** |
| **United States–52.75%** | **United States–52.75%** | **United States–52.75%** | **United States–52.75%** |
| Agree Realty Corp. | Agree Realty Corp. | 39532 | &nbsp;&nbsp; $2976760 |
| American Healthcare REIT, Inc. | American Healthcare REIT, Inc. | 142128 | &nbsp;&nbsp; 4965952 |
| American Homes 4 Rent, Class A | American Homes 4 Rent, Class A | 124804 | &nbsp;&nbsp; 4723831 |
| AvalonBay Communities, Inc. | AvalonBay Communities, Inc. | 50881 | &nbsp;&nbsp; 10520664 |
| Brixmor Property Group, Inc. | Brixmor Property Group, Inc. | 134780 | &nbsp;&nbsp; 3424760 |
| Camden Property Trust | Camden Property Trust | 27506 | &nbsp;&nbsp; 3231680 |
| CareTrust REIT, Inc. | CareTrust REIT, Inc. | 126719 | &nbsp;&nbsp; 3644438 |
| Digital Realty Trust, Inc. | Digital Realty Trust, Inc. | 80126 | &nbsp;&nbsp; 13743212 |
| EastGroup Properties, Inc. | EastGroup Properties, Inc. | 10761 | &nbsp;&nbsp; 1824528 |
| Equinix, Inc. | Equinix, Inc. | 19453 | &nbsp;&nbsp; 17290216 |
| Equity LifeStyle Properties, Inc. | Equity LifeStyle Properties, Inc. | 70199 | &nbsp;&nbsp; 4462550 |
| Equity Residential | Equity Residential | 98081 | &nbsp;&nbsp; 6879401 |
| Extra Space Storage, Inc. | Extra Space Storage, Inc. | 32396 | &nbsp;&nbsp; 4896655 |
| Federal Realty Investment Trust | Federal Realty Investment Trust | 26626 | &nbsp;&nbsp; 2542251 |
| First Industrial Realty Trust, Inc. | First Industrial Realty Trust, Inc. | 156928 | &nbsp;&nbsp; 7756951 |
| Gaming and Leisure Properties, Inc. | Gaming and Leisure Properties, Inc. | 145981 | &nbsp;&nbsp; 6817313 |
| Healthpeak Properties, Inc. | Healthpeak Properties, Inc. | 292545 | &nbsp;&nbsp; 5093209 |
| Hilton Worldwide Holdings, Inc. | Hilton Worldwide Holdings, Inc. | 8235 | &nbsp;&nbsp; 2045903 |
| Invitation Homes, Inc. | Invitation Homes, Inc. | 83605 | &nbsp;&nbsp; 2817489 |
| Iron Mountain, Inc. | Iron Mountain, Inc. | 71916 | &nbsp;&nbsp; 7098828 |
| Kimco Realty Corp. | Kimco Realty Corp. | 222249 | &nbsp;&nbsp; 4725014 |
| Marriott International, Inc., Class A | Marriott International, Inc., Class A | 7855 | &nbsp;&nbsp; 2072385 |
| Prologis, Inc. | Prologis, Inc. | 150417 | &nbsp;&nbsp; 16335286 |
| Public Storage | Public Storage | 37556 | &nbsp;&nbsp; 11582646 |
| Simon Property Group, Inc. | Simon Property Group, Inc. | 51971 | &nbsp;&nbsp; 8474911 |
| UDR, Inc. | UDR, Inc. | 94024 | &nbsp;&nbsp; 3895414 |
| Vornado Realty Trust | Vornado Realty Trust | 189981 | &nbsp;&nbsp; 7156584 |
| Welltower, Inc. | Welltower, Inc. | 144201 | &nbsp;&nbsp; 22247330 |
|  |  |  | &nbsp;&nbsp; 193246161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $264,680,585) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $264,680,585) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br> (Cost $264,680,585) | &nbsp;&nbsp; 286758945 |
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** |  |
| **Asset-Backed Securities–13.84%** | **Asset-Backed Securities–13.84%** | **Asset-Backed Securities–13.84%** | **Asset-Backed Securities–13.84%** |
| &nbsp;&nbsp;&nbsp; ALA Trust, Series 2025-OANA, Class C, <br> 6.39% (1 mo. Term SOFR + 2.09%), <br> 06/15/2030<sup>(b)(c)</sup> <br>|  | $2000000 | &nbsp;&nbsp; 2001341 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, <br> Series 2025-V14, Class AM, 6.09%, <br> 04/15/2057<sup>(d)</sup> <br>|  | 1500000 | &nbsp;&nbsp; 1552586 |
| &nbsp;&nbsp;&nbsp; BPR Trust, Series 2022-OANA, Class D, <br> 8.02% (1 mo. Term SOFR + 3.70%), <br> 04/15/2037<sup>(b)(c)</sup> <br>|  | 2375000 | &nbsp;&nbsp; 2380602 |
| BX Commercial Mortgage Trust, | BX Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-VOLT, Class E, 6.44% <br> (1 mo. Term SOFR + 2.11%), <br> 09/15/2036<sup>(b)(c)</sup> <br>|  | 1095000 | &nbsp;&nbsp; 1087675 |
| &nbsp;&nbsp;&nbsp; Series 2022-CSMO, Class C, 8.22% <br> (1 mo. Term SOFR + 3.89%), <br> 06/15/2027<sup>(b)(c)</sup> <br>|  | 600000 | &nbsp;&nbsp; 604815 |
| &nbsp;&nbsp;&nbsp; Series 2022-CSMO, Class D, 8.67% <br> (1 mo. Term SOFR + 4.34%), <br> 06/15/2027<sup>(b)(c)</sup> <br>|  | 2380000 | &nbsp;&nbsp; 2408469 |
| &nbsp;&nbsp;&nbsp; Series 2021-SOAR, Class D, 5.84% <br> (1 mo. Term SOFR + 1.51%), <br> 06/15/2038<sup>(b)(c)</sup> <br>|  | 1315107 | &nbsp;&nbsp; 1314402 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Global Real Estate Income Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| BX Trust, | BX Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-RISE, Class D, 6.19% (1 <br> mo. Term SOFR + 1.86%), <br> 11/15/2036<sup>(b)(c)</sup> <br>|  | $1601053 | &nbsp;&nbsp; $1590347 |
| &nbsp;&nbsp;&nbsp; Series 2019-OC11, Class C, 3.86%, <br> 12/09/2041<sup>(b)</sup> <br>|  | 1500000 | &nbsp;&nbsp; 1399711 |
| &nbsp;&nbsp;&nbsp; CEDR Commercial Mortgage Trust, <br> Series 2022-SNAI, Class E, 7.35% (1 <br> mo. Term SOFR + 3.02%), <br> 02/15/2039<sup>(b)(c)</sup> <br>|  | 500000 | &nbsp;&nbsp; 454370 |
| &nbsp;&nbsp;&nbsp; CFK Trust, Series 2019-FAX, Class E, <br> 4.64%, 01/15/2039<sup>(b)(d)</sup> <br>|  | 1000000 | &nbsp;&nbsp; 894636 |
| Citigroup Commercial Mortgage Trust, | Citigroup Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2020-420K, Class E, 3.31%, <br> 11/10/2042<sup>(b)(d)</sup> <br>|  | 4586000 | &nbsp;&nbsp; 3854742 |
| &nbsp;&nbsp;&nbsp; Series 2020-555, Class F, 3.50%, <br> 12/10/2041<sup>(b)(d)</sup> <br>|  | 800000 | &nbsp;&nbsp; 668442 |
| &nbsp;&nbsp;&nbsp; Series 2020-555, Class E, 3.50%, <br> 12/10/2041<sup>(b)(d)</sup> <br>|  | 427000 | &nbsp;&nbsp; 363063 |
| Commercial Mortgage Trust, | Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019-GC44, Class 180B, <br> 3.40%, 08/15/2057<sup>(b)(d)</sup> <br>|  | 1500000 | &nbsp;&nbsp; 1349276 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC44, Class 180C, <br> 3.40%, 08/15/2057<sup>(b)(d)</sup> <br>|  | 2500000 | &nbsp;&nbsp; 2201221 |
| &nbsp;&nbsp;&nbsp; CONE Trust, Series 2024-DFW1, Class D, <br> 7.37% (1 mo. Term SOFR + 3.04%), <br> 08/15/2041<sup>(b)(c)</sup> <br>|  | 1200000 | &nbsp;&nbsp; 1200128 |
| Hilton USA Trust, | Hilton USA Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016-HHV, Class E, 4.19%, <br> 11/05/2038<sup>(b)(d)</sup> <br>|  | 581000 | &nbsp;&nbsp; 562141 |
| &nbsp;&nbsp;&nbsp; Series 2016-HHV, Class C, 4.19%, <br> 11/05/2038<sup>(b)(d)</sup> <br>|  | 1396500 | &nbsp;&nbsp; 1369076 |
| &nbsp;&nbsp;&nbsp; Independence Plaza Trust, <br> Series 2018-INDP, Class E, 5.00%, <br> 07/10/2035<sup>(b)</sup> <br>|  | 3000000 | &nbsp;&nbsp; 2940652 |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Chase Commercial Mortgage <br> Securities Trust, Series 2019-OSB, <br> Class A, 3.40%, 06/05/2039<sup>(b)</sup> <br>|  | 1000000 | &nbsp;&nbsp; 930591 |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase Commercial Mortgage <br> Securities Trust, | &nbsp;&nbsp;&nbsp; JP Morgan Chase Commercial Mortgage <br> Securities Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019-UES, Class F, 4.45%, <br> 05/05/2032<sup>(b)(d)</sup> <br>|  | 558000 | &nbsp;&nbsp; 529668 |
| &nbsp;&nbsp;&nbsp; Series 2019-UES, Class B, 4.14%, <br> 05/05/2032<sup>(b)</sup> <br>|  | 1284000 | &nbsp;&nbsp; 1248382 |
| &nbsp;&nbsp;&nbsp; Series 2019-UES, Class C, 4.34%, <br> 05/05/2032<sup>(b)</sup> <br>|  | 116000 | &nbsp;&nbsp; 112061 |
| &nbsp;&nbsp;&nbsp; Series 2019-UES, Class D, 4.45%, <br> 05/05/2032<sup>(b)(d)</sup> <br>|  | 119000 | &nbsp;&nbsp; 114379 |
| &nbsp;&nbsp;&nbsp; Series 2019-UES, Class E, 4.45%, <br> 05/05/2032<sup>(b)(d)</sup> <br>|  | 138000 | &nbsp;&nbsp; 131307 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| &nbsp;&nbsp;&nbsp; MHC Commercial Mortgage Trust, <br> Series 2021-MHC, Class F, 7.04% (1 <br> mo. Term SOFR + 2.72%), <br> 04/15/2038<sup>(b)(c)</sup> <br>|  | $1920000 | &nbsp;&nbsp; $1921053 |
| &nbsp;&nbsp;&nbsp; Natixis Commercial Mortgage Securities <br> Trust, Series 2018-SOX, Class E, <br> 4.77%, 06/17/2038<sup>(b)(d)</sup> <br>|  | 922000 | &nbsp;&nbsp; 873166 |
| &nbsp;&nbsp;&nbsp; NYC Trust 2024-3ELV, Series 2024-<br> 3ELV, Class D, 8.17% (1 mo. Term <br> SOFR + 3.84%), 08/15/2029<sup>(b)(c)</sup> <br>|  | 3000000 | &nbsp;&nbsp; 2978486 |
| &nbsp;&nbsp;&nbsp; Prima Capital CRE Securitization Ltd., <br> Series 2019-RK1, Class BT, 4.45%, <br> 04/15/2038<sup>(b)</sup> <br>|  | 4154000 | &nbsp;&nbsp; 4047386 |
| &nbsp;&nbsp;&nbsp; SREIT Trust, Series 2021-PALM, Class E, <br> 6.35% (1 mo. Term SOFR + 2.02%), <br> 10/15/2034<sup>(b)(c)</sup> <br>|  | 1240000 | &nbsp;&nbsp; 1233996 |
| &nbsp;&nbsp;&nbsp; STWD Trust, Series 2021-FLWR, Class E, <br> 6.37% (1 mo. Term SOFR + 2.04%), <br> 07/15/2036<sup>(b)(c)</sup> <br>|  | 3960000 | &nbsp;&nbsp; 3942799 |
| &nbsp;&nbsp;&nbsp; MF1 2021-W10X, Series 2021-W10, <br> Class D, 6.30% (1 mo. Term SOFR + <br> 1.97%), 12/15/2034<sup>(b)(c)</sup> <br>|  | 2500000 | &nbsp;&nbsp; 2453578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Asset-Backed Securities (Cost $50,841,701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Asset-Backed Securities (Cost $50,841,701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Asset-Backed Securities (Cost $50,841,701) | &nbsp;&nbsp; 50714547 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares** |  |
| **Preferred Stocks–5.44%** | **Preferred Stocks–5.44%** | **Preferred Stocks–5.44%** | **Preferred Stocks–5.44%** |
| **United States–5.44%** | **United States–5.44%** | **United States–5.44%** | **United States–5.44%** |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, 5.88%, Series G, <br> Pfd. | &nbsp;&nbsp;&nbsp; American Homes 4 Rent, 5.88%, Series G, <br> Pfd. | 83600 | &nbsp;&nbsp; 1906916 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, 6.25%, Series H, <br> Pfd. | &nbsp;&nbsp;&nbsp; American Homes 4 Rent, 6.25%, Series H, <br> Pfd. | 198800 | &nbsp;&nbsp; 4725476 |
| DiamondRock Hospitality Co., 8.25%, Pfd. | DiamondRock Hospitality Co., 8.25%, Pfd. | 167478 | &nbsp;&nbsp; 4203698 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust, 6.00%, <br> Series A, Pfd. | &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust, 6.00%, <br> Series A, Pfd. | 241700 | &nbsp;&nbsp; 5624359 |
| UMH Properties, Inc., 6.38%, Series D, Pfd. | UMH Properties, Inc., 6.38%, Series D, Pfd. | 160000 | &nbsp;&nbsp; 3467200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Preferred Stocks (Cost $20,749,320) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Preferred Stocks (Cost $20,749,320) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Preferred Stocks (Cost $20,749,320) | &nbsp;&nbsp; 19927649 |
| **Money Market Funds–2.53%** | **Money Market Funds–2.53%** | **Money Market Funds–2.53%** | **Money Market Funds–2.53%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(e)(f)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(e)(f)</sup>  | 3238413 | &nbsp;&nbsp; 3238413 |
| &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 4.22%<sup>(e)(f)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional <br> Class, 4.22%<sup>(e)(f)</sup>  | 6014080 | &nbsp;&nbsp; 6014080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $9,252,493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $9,252,493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $9,252,493) | &nbsp;&nbsp; 9252493 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES—100.09% <br> (Cost $345,524,099) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES—100.09% <br> (Cost $345,524,099) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES—100.09% <br> (Cost $345,524,099) | &nbsp;&nbsp; 366653634 |
| OTHER ASSETS LESS LIABILITIES–(0.09)% | OTHER ASSETS LESS LIABILITIES–(0.09)% | OTHER ASSETS LESS LIABILITIES–(0.09)% | &nbsp;&nbsp; (336855)<br>|
| NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp; $366316779 |

---

Investment Abbreviations:

Pfd. – Preferred <br> REIT – Real Estate Investment Trust <br> SOFR – Secured Overnight Financing Rate

See accompanying notes which are an integral part of this schedule.

**Invesco Global Real Estate Income Fund**

------

Notes to Schedule of Investments:

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

<sup>(b)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2025 was $51,763,524, which represented 14.13% of the Fund's Net Assets. 

<sup>(c)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2025.

<sup>(d)</sup> Interest rate is redetermined periodically based on the cash flows generated by the pool of assets backing the security, less any applicable fees. The rate shown is the rate in effect on May 31, 2025. 

<sup>(e)</sup> Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended May 31, 2025. 

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2024**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**May 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money Market** <br> **Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class<br>| $4566512 | &nbsp;&nbsp; $53286664 | &nbsp;&nbsp; $(54614763) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $3238413 | &nbsp;&nbsp; $88853 |
| &nbsp;&nbsp;&nbsp; Invesco Liquid Assets Portfolio, Institutional <br> Class<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 805 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp; 8480393 | &nbsp;&nbsp;&nbsp; 98960947 | &nbsp;&nbsp; (101427260) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 6014080 | &nbsp;&nbsp;&nbsp;&nbsp; 163396 |
| **Investments Purchased with Cash Collateral** <br> **from Securities on Loan:**<br>|  |  |  |  |  |  |  |
| Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 5460184 | &nbsp;&nbsp;&nbsp; 46151451 | &nbsp;&nbsp;&nbsp; (51611635) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; 75,974\* |
| Invesco Private Prime Fund | &nbsp;&nbsp; 14338579 | &nbsp;&nbsp; 106099918 | &nbsp;&nbsp; (120437750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (422) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 205,752\* |
| **Investments in Other Affiliates:** |  |  |  |  |  |  |  |
| Pebblebrook Hotel Trust, Series E, Pfd | &nbsp;&nbsp;&nbsp; 5025679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; (4460267) | &nbsp;&nbsp;&nbsp; 22948 | &nbsp;&nbsp;&nbsp;&nbsp; (588360) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; 164834 |
| UMH Properties, Inc., Series D, Pfd.\*\* | &nbsp;&nbsp; 13461500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; (9283643) | &nbsp;&nbsp; 353512 | &nbsp;&nbsp; (1064169) | &nbsp;&nbsp;&nbsp; 3467200 | &nbsp;&nbsp;&nbsp;&nbsp; 477010 |
| Total | $51332847 | &nbsp;&nbsp; $304498980 | &nbsp;&nbsp; $(341835318) | &nbsp;&nbsp; $376038 | &nbsp;&nbsp; $(1652854) | &nbsp;&nbsp; $12719693 | &nbsp;&nbsp; $1176624 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. 

\*\* At May 31, 2025, this security was no longer an affiliate of the Fund.

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

<sup>(f)</sup> The rate shown is the 7-day SEC standardized yield as of May 31, 2025.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Global Real Estate Income Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*May 31, 2025*

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of May 31, 2025. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <br>**Investments in Securities** |  |  |  |  |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $16926815 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $16926815 |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp; 3331267 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3331267 |
| Cayman Islands | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2453578 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2453578 |
| France | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2822918 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2822918 |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13813543 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13813543 |
| Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 7559457 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 7559457 |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24346879 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24346879 |
| Netherlands | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2601563 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2601563 |
| Singapore | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5045185 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5045185 |
| Spain | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2400490 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2400490 |
| Sweden | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5868411 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5868411 |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8796256 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8796256 |
| United States | &nbsp;&nbsp;&nbsp;&nbsp; 213173810 | &nbsp;&nbsp;&nbsp;&nbsp; 48260969 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 261434779 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp; 9252493 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 9252493 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp; $225757570 | &nbsp;&nbsp;&nbsp;&nbsp; $140896064 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $366653634 |

---

**Invesco Global Real Estate Income Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

- **b. Investment Company Act file number:** 811-09913

- **c. CIK number of Registrant:** 0001112996

- **d. LEI of Registrant:** LZYC3CZ7P12IRF1LLV60

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Global Real Estate Income Fund

- **b. EDGAR series identifier (if any):** S000014560

- **c. LEI of Series:** 5493000PRO2ZTOGLEV29

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $370598626.61

**Total Liabilities:** $4291689.18

**Net Assets:** $366306937.43

**Delayed Delivery Securities:** $1995000.00

**Cash Not Reported:** $544219.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000039693 | -2.79%               | 1.02%                | 2.40%                |
| Class ID C000039692 | -2.85%               | 0.89%                | 2.27%                |
| Class ID C000120776 | -2.88%               | 1.15%                | 2.27%                |
| Class ID C000039690 | -2.90%               | 1.02%                | 2.39%                |
| Class ID C000071349 | -2.85%               | 1.02%                | 2.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3277498.57             | $-9658779.12                               |
| Month 2  | $-2985788.94             | $5064677.51                                |
| Month 3  | $219255.94               | $6840437.00                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Independence Plaza Trust                               | Independence Plaza Trust, Series 2018-INDP, Class E                              | CUSIP: 45378YAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2940651.60   | 0.80%             | 2035-07-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| First Industrial Realty Trust, Inc.                    | First Industrial Realty Trust, Inc.                                              | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    156928 | NS      | $7756951.04   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2022-CSMO, Class C                          | CUSIP: 05610MAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $604815.36    | 0.17%             | 2027-06-15      | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| Benchmark 2025-V14 Mortgage Trust                      | Benchmark 2025-V14 Mortgage Trust, Series 2025-V14, Class AM                     | CUSIP: 08164BAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1552586.10   | 0.42%             | 2057-04-15      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                  | American Homes 4 Rent, Class A                                                   | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    124804 | NS      | $4723831.40   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                    | Citigroup Commercial Mortgage Trust, Series 2020-555, Class F                    | CUSIP: 17328EAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $668441.76    | 0.18%             | 2041-12-10      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ALA Trust 2025-OANA                                    | ALA Trust 2025-OANA, Series 2025-OANA, Class C                                   | CUSIP: 009920AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2001340.80   | 0.55%             | 2030-06-15      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| CTP N.V.                                               | CTP N.V.                                                                         | CUSIP: N2368S105<br>LEI: 3157000YTVO4TN65UM14 | Long             | EC               | CORP              | NL        |    137857 | NS      | $2624196.62   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| CONE Trust 2024-DFW1                                   | CONE Trust 2024-DFW1, Series 2024-DFW1, Class D                                  | CUSIP: 20682AAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1200128.16   | 0.33%             | 2041-08-15      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| Glp J-Reit                                             | Glp J-Reit                                                                       | CUSIP: J17305103<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               | CORP              | JP        |      4089 | NS      | $3607005.37   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Brixmor Property Group Inc.                            | Brixmor Property Group Inc.                                                      | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    134780 | NS      | $3424759.80   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.                    | Gaming and Leisure Properties, Inc.                                              | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |    145981 | NS      | $6817312.70   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                              | UDR, Inc.                                                                        | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     94024 | NS      | $3895414.32   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CEDR Commercial Mortgage Trust                         | CEDR Commercial Mortgage Trust, Series 2022-SNAI, Class E                        | CUSIP: 12524AAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $454370.25    | 0.12%             | 2039-02-15      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2019-UES, Class F | CUSIP: 46651CAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    558000 | PA      | $529668.33    | 0.14%             | 2032-05-05      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Invincible Investment Corp.                            | Invincible Investment Corp.                                                      | CUSIP: J2442V103<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |      4116 | NS      | $1751476.54   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Treasury Portfolio                             | Invesco Treasury Portfolio, Institutional Class                                  | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   6014080 | NS      | $6014079.97   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2019-OC11, Class C                                              | CUSIP: 05606FAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1399711.20   | 0.38%             | 2041-12-09      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Allied Properties REIT                                 | Allied Properties REIT                                                           | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               | CORP              | CA        |    128400 | NS      | $1476410.54   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd.                           | Sun Hung Kai Properties Ltd.                                                     | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    200000 | NS      | $2148333.63   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Activia Properties Inc.                                | Activia Properties Inc.                                                          | CUSIP: N/A<br>LEI: 353800RPGYN3ML8CXV54       | Long             | EC               | CORP              | JP        |      3222 | NS      | $2572837.23   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2021-RISE, Class D                                              | CUSIP: 12434EAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1601053 | PA      | $1590346.59   | 0.43%             | 2036-11-15      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings Inc.                         | Hilton Worldwide Holdings Inc.                                                   | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      8235 | NS      | $2045903.40   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co.                            | DiamondRock Hospitality Co., Pfd.                                                | CUSIP: 252784400<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EP               | CORP              | US        |    167478 | NS      | $4203697.80   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties, Inc.                            | Healthpeak Properties, Inc.                                                      | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |    292545 | NS      | $5093208.45   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NYCT Trust 2024-3ELV                                   | NYCT Trust 2024-3ELV, Series 2024-3ELV, Class D                                  | CUSIP: 62956HAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2978486.40   | 0.81%             | 2029-08-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co., Ltd.                               | Mitsui Fudosan Co., Ltd.                                                         | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |   1074700 | NS      | $10292918.92  | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| LondonMetric Property PLC                              | LondonMetric Property PLC                                                        | CUSIP: G5689W109<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               | CORP              | GB        |   2088597 | NS      | $5670710.92   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| CareTrust REIT, Inc.                                   | CareTrust REIT, Inc.                                                             | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |    126719 | NS      | $3644438.44   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                             | Vonovia SE                                                                       | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    187599 | NS      | $6146591.21   | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Extra Space Storage Inc.                               | Extra Space Storage Inc.                                                         | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |     32396 | NS      | $4896655.40   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastgroup Properties, Inc.                             | Eastgroup Properties, Inc.                                                       | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     10761 | NS      | $1824527.55   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton USA Trust                                       | Hilton USA Trust, Series 2016-HHV, Class E                                       | CUSIP: 43300LAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    581000 | PA      | $562141.03    | 0.15%             | 2038-11-05      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                          | MHC Commercial Mortgage Trust, Series 2021-MHC, Class F                          | CUSIP: 55316VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1920000 | PA      | $1921052.93   | 0.52%             | 2038-04-15      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| Goodman Group                                          | Goodman Group                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    477188 | NS      | $10121258.22  | 2.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co., Ltd.                | Sumitomo Realty & Development Co., Ltd.                                          | CUSIP: N/A<br>LEI: 353800SO2DCLOI3LNZ64       | Long             | EC               | CORP              | JP        |     94300 | NS      | $3612336.75   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Agree Realty Corp.                                     | Agree Realty Corp.                                                               | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |     39532 | NS      | $2976759.60   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastighets AB Balder                                   | Fastighets AB Balder, Class B                                                    | CUSIP: N/A<br>LEI: 549300GHKJCEZOAEUU82       | Long             | EC               | CORP              | SE        |    836972 | NS      | $5868411.29   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity Residential                                     | Equity Residential                                                               | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     98081 | NS      | $6879401.34   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BPR Trust                                              | BPR Trust, Series 2022-OANA, Class D                                             | CUSIP: 05592DAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2375000 | PA      | $2380601.68   | 0.65%             | 2037-04-15      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                    | Citigroup Commercial Mortgage Trust, Series 2020-555, Class E                    | CUSIP: 17328EAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    427000 | PA      | $363063.16    | 0.10%             | 2041-12-10      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Equity LifeStyle Properties, Inc.                      | Equity LifeStyle Properties, Inc.                                                | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     70199 | NS      | $4462550.43   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                             | Simon Property Group, Inc.                                                       | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     51971 | NS      | $8474910.97   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                          | Equinix, Inc.                                                                    | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     19453 | NS      | $17290215.46  | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                                   | Vornado Realty Trust                                                             | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    189981 | NS      | $7156584.27   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                         | Prologis, Inc.                                                                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    150417 | NS      | $16335286.20  | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Metropolitan Fund Investment Corp.               | Japan Metropolitan Fund Investment Corp.                                         | CUSIP: J27544105<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               | CORP              | JP        |      3667 | NS      | $2510303.91   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| National Storage Affiliates Trust                      | National Storage Affiliates Trust, Series A, Pfd.                                | CUSIP: 637870205<br>LEI: 529900FS06O8GOYNR108 | Long             | EP               | CORP              | US        |    241700 | NS      | $5624359.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                                  | Camden Property Trust                                                            | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     27506 | NS      | $3231679.94   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom, S.A.                                  | Cellnex Telecom, S.A.                                                            | CUSIP: BC9140528<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      7938 | NS      | $304345.23    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                           | Marriott International, Inc., Class A                                            | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      7855 | NS      | $2072384.65   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Segro PLC                                              | Segro PLC                                                                        | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    332356 | NS      | $3125545.23   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                  | American Homes 4 Rent, Series H, Pfd.                                            | CUSIP: 02665T868<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EP               | CORP              | US        |    198800 | NS      | $4725476.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapletree Logistics Trust                              | Mapletree Logistics Trust                                                        | CUSIP: Y5759Q107<br>LEI: 549300M9EBZIYH387075 | Long             | EC               | CORP              | SG        |   1548000 | NS      | $1333010.74   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust                 | CapitaLand Integrated Commercial Trust                                           | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |   1318329 | NS      | $2135390.42   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2019-UES, Class B | CUSIP: 46651CAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1284000 | PA      | $1248382.35   | 0.34%             | 2032-05-05      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                  | American Homes 4 Rent, Series G, Pfd.                                            | CUSIP: 02665T876<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EP               | CORP              | US        |     83600 | NS      | $1906916.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                             | Digital Realty Trust, Inc.                                                       | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     80126 | NS      | $13743211.52  | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-SOAR, Class D                          | CUSIP: 05608WAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1315107 | PA      | $1314402.21   | 0.36%             | 2038-06-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                    | COMM Mortgage Trust, Series 2019-GC44, Class 180                                 | CUSIP: 12655TBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2201221.50   | 0.60%             | 2057-08-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| American Healthcare REIT, Inc.                         | American Healthcare REIT, Inc.                                                   | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |    142128 | NS      | $4965952.32   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-VOLT, Class E                          | CUSIP: 05609VAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1095000 | PA      | $1087675.00   | 0.30%             | 2036-09-15      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                    | COMM Mortgage Trust, Series 2019-GC44, Class 180                                 | CUSIP: 12655TAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1349275.65   | 0.37%             | 2057-08-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2019-UES, Class C | CUSIP: 46651CAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116000 | PA      | $112061.39    | 0.03%             | 2032-05-05      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2019-UES, Class D | CUSIP: 46651CAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119000 | PA      | $114378.91    | 0.03%             | 2032-05-05      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Hilton USA Trust                                       | Hilton USA Trust, Series 2016-HHV, Class C                                       | CUSIP: 43300LAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1396500 | PA      | $1369076.23   | 0.37%             | 2038-11-05      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| LEG Immobilien SE                                      | LEG Immobilien SE                                                                | CUSIP: D4960A103<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |     42167 | NS      | $3580215.29   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Link REIT                                              | Link REIT                                                                        | CUSIP: N/A<br>LEI: 529900XUE70U36QX5M62       | Long             | EC               | CORP              | HK        |    633200 | NS      | $3351042.57   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongkong Land Holdings Ltd.                            | Hongkong Land Holdings Ltd.                                                      | CUSIP: G4587L109<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |    398800 | NS      | $2060080.36   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Securities Trust           | Natixis Commercial Mortgage Securities Trust, Series 2018-SOX, Class E           | CUSIP: 63874NAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    922000 | PA      | $873166.18    | 0.24%             | 2038-06-17      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                        | Federal Realty Investment Trust                                                  | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |     26626 | NS      | $2542250.48   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                              | Unibail-Rodamco-Westfield                                                        | CUSIP: N/A<br>LEI: 969500SHQITWXSIS7N89       | Long             | EC               | CORP              | FR        |     25740 | NS      | $2441186.58   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| SREIT Trust                                            | SREIT Trust, Series 2021-PALM, Class E                                           | CUSIP: 85237AAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1240000 | PA      | $1233996.04   | 0.34%             | 2034-10-15      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                  | Invesco Government & Agency Portfolio, Institutional Class                       | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   3238413 | NS      | $3238412.68   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| STWD Trust                                             | STWD Trust, Series 2021-FLWR, Class E                                            | CUSIP: 78485GAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3960000 | PA      | $3942798.55   | 1.08%             | 2036-07-15      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Welltower Inc.                                         | Welltower Inc.                                                                   | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |    144201 | NS      | $22247330.28  | 6.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CFK Trust                                              | CFK Trust, Series 2019-FAX, Class E                                              | CUSIP: 12528XAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $894636.00    | 0.24%             | 2039-01-15      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| RioCan REIT                                            | RioCan REIT                                                                      | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               | CORP              | CA        |    146800 | NS      | $1854856.27   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2019-UES, Class E | CUSIP: 46651CAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138000 | PA      | $131306.53    | 0.04%             | 2032-05-05      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| NEXTDC Ltd.                                            | NEXTDC Ltd.                                                                      | CUSIP: Q6750Y106<br>LEI: 529900RTERU3X7G3D672 | Long             | EC               | CORP              | AU        |    128070 | NS      | $1083493.83   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Storage                                         | Public Storage                                                                   | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     37556 | NS      | $11582645.96  | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius Real Estate Ltd.                                | Sirius Real Estate Ltd.                                                          | CUSIP: G8187C104<br>LEI: 213800NURUF5W8QSK566 | Long             | EC               | CORP              | GG        |   3291636 | NS      | $4238207.86   | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Prima Capital CRE Securitization Ltd.                  | Prima Capital CRE Securitization Ltd., Series 2019-RK1, Class BT                 | CUSIP: 74166GAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4154000 | PA      | $4047385.93   | 1.10%             | 2038-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MF1 2021-W10X                                          | MF1 2021-W10X, Series 2021-W10, Class D                                          | CUSIP: 55284DAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2453577.75   | 0.67%             | 2034-12-15      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| CAPITALAND INVESTMENT Ltd.                             | CAPITALAND INVESTMENT Ltd.                                                       | CUSIP: N/A<br>LEI: 254900AT4UQDU7SNXX49       | Long             | EC               | CORP              | SG        |   1164600 | NS      | $2270990.32   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2022-CSMO, Class D                          | CUSIP: 05610MAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2380000 | PA      | $2408468.85   | 0.66%             | 2027-06-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                    | Citigroup Commercial Mortgage Trust, Series 2020-420K, Class E                   | CUSIP: 17328QAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4586000 | PA      | $3854741.66   | 1.05%             | 2042-11-10      | Variable      | 3.31%                 | No            |                  2 | On Loan: No      |
| Merlin Properties SOCIMI S.A.                          | Merlin Properties SOCIMI S.A.                                                    | CUSIP: E7390Z100<br>LEI: 959800L8KD863DP30X04 | Long             | EC               | CORP              | ES        |    193757 | NS      | $2400489.92   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Kimco Realty Corp.                                     | Kimco Realty Corp.                                                               | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |    222249 | NS      | $4725013.74   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc.                                  | Invitation Homes Inc.                                                            | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |     83605 | NS      | $2817488.50   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                              | Stockland                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1422687 | NS      | $5010478.29   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                     | Iron Mountain Inc.                                                               | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     71916 | NS      | $7098828.36   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2019-OSB, Class A | CUSIP: 46651EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $930591.20    | 0.25%             | 2039-06-05      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                            | AvalonBay Communities, Inc.                                                      | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     50881 | NS      | $10520664.37  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties, Inc.                                   | UMH Properties, Inc., Series D, Pfd.                                             | CUSIP: 903002509<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EP               | CORP              | US        |    165700 | NS      | $3590719.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer