# EDGAR Filing Document

**Accession Number:** 0001051562
**File Stem:** 0001752724-23-068042
**Filing Date:** 2023-3
**Character Count:** 56856
**Document Hash:** 4ddb848a09144833f1d258ec0f0a78d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-068042.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-068042

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRUDENTIAL INVESTMENT PORTFOLIOS 12
- **CENTRAL INDEX KEY:** 0001051562
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08565
- **FILM NUMBER:** 23764281

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102-4077
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102-4077

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRUDENTIAL GLOBAL REAL ESTATE FUND
- **DATE OF NAME CHANGE:** 20100219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DRYDEN GLOBAL REAL ESTATE FUND
- **DATE OF NAME CHANGE:** 20070111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STRATEGIC PARTNERS REAL ESTATE FUND
- **DATE OF NAME CHANGE:** 20050616

## Series and Classes Contracts Data

### PGIM GLOBAL REAL ESTATE FUND (Series ID: S000004628)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000012602 | Class C      | PURCX           |
| C000012603 | Class Z      | PURZX           |
| C000012604 | Class A      | PURAX           |
| C000064697 | Class R      | PURRX           |
| C000130267 | Class R6     | PGRQX           |
| C000196787 | Class R2     | PUREX           |
| C000196788 | Class R4     | PURGX           |

## Nport-Ex

#### PGIM Global Real Estate Fund

#### Schedule of Investments as of January 31, 2023 (unaudited)

---

| | | |
|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Long-Term Investments 99.8%** | **Long-Term Investments 99.8%** | **Long-Term Investments 99.8%** |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Australia 3.7%** | **Australia 3.7%** | **Australia 3.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingenia Communities Group, REIT | 1484522 | &nbsp;&nbsp; $4888945 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Storage REIT, REIT | 7320567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12047740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Region Re Ltd., REIT | 3914925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7512338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scentre Group, REIT | 4853399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10530945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stockland, REIT | &nbsp;&nbsp;&nbsp;714324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1996014 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36975982 |
| **Belgium 1.9%** | **Belgium 1.9%** | **Belgium 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Aedifica SA, REIT | &nbsp;&nbsp;&nbsp;&nbsp;96965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8508878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cofinimmo SA, REIT | &nbsp;&nbsp;&nbsp;&nbsp;20820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1893768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shurgard Self Storage SA | &nbsp;&nbsp;&nbsp;159310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7687370 |
| &nbsp;&nbsp;&nbsp;&nbsp;VGP NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816956 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18906972 |
| **Canada 2.9%** | **Canada 2.9%** | **Canada 2.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Boardwalk Real Estate Investment Trust, REIT | &nbsp;&nbsp;&nbsp;175309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7407367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chartwell Retirement Residences, UTS | &nbsp;&nbsp;&nbsp;737049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5434182 |
| &nbsp;&nbsp;&nbsp;&nbsp;InterRent Real Estate Investment Trust, REIT | &nbsp;&nbsp;&nbsp;902185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9770761 |
| &nbsp;&nbsp;&nbsp;&nbsp;RioCan Real Estate Investment Trust, REIT | &nbsp;&nbsp;&nbsp;375386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6511524 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29123834 |
| **Finland 0.8%** | **Finland 0.8%** | **Finland 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Kojamo OYJ | &nbsp;&nbsp;&nbsp;513714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7887884 |
| **France 0.7%** | **France 0.7%** | **France 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Klepierre SA, REIT\* | &nbsp;&nbsp;&nbsp;288869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7331594 |
| **Germany 0.5%** | **Germany 0.5%** | **Germany 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Vonovia SE | &nbsp;&nbsp;&nbsp;162483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4589804 |
| **Hong Kong 5.2%** | **Hong Kong 5.2%** | **Hong Kong 5.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Asset Holdings Ltd. | &nbsp;&nbsp;&nbsp;873933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5587500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Link REIT, REIT | 1934627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15485465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Hung Kai Properties Ltd. | 1330648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18870762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Properties Ltd. | 1823504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5125065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wharf Real Estate Investment Co. Ltd. | 1020488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5841953 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50910745 |

---

------

#### PGIM Global Real Estate Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (Continued)** | **Common Stocks (Continued)** | **Common Stocks (Continued)** |
| **Japan 9.5%** | **Japan 9.5%** | **Japan 9.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GLP J-REIT, REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8133 | &nbsp;&nbsp; $9202987 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hoshino Resorts REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6811733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invincible Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;19262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8214690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Hotel REIT Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;11121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7047226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Metropolitan Fund Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Estate Co. Ltd. | &nbsp;&nbsp;&nbsp;212728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2734219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Co. Ltd. | 1193629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22372975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Accommodations Fund, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3931857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Building Fund, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7857915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Prologis REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8956302 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Real Estate Master Fund, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7478729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyu Fudosan Holdings Corp. | 1591278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8074517 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94383163 |
| **Singapore 4.9%** | **Singapore 4.9%** | **Singapore 4.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Ascendas REIT, REIT | 4391474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9664014 |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Ascott Trust, UTS | 8853993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7505845 |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Integrated Commercial Trust, REIT | 6129810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10029196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capitaland Investment Ltd. | 4480439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13573988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Frasers Logistics & Commercial Trust, REIT | 2011456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1936016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lendlease Global Commercial REIT, REIT | 9700149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5371998 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48081057 |
| **Sweden 2.1%** | **Sweden 2.1%** | **Sweden 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Castellum AB | &nbsp;&nbsp;&nbsp;227826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3126016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catena AB | &nbsp;&nbsp;&nbsp;&nbsp;67262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastighets AB Balder (Class B Stock)\* | &nbsp;&nbsp;&nbsp;852725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4393445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandox AB\* | &nbsp;&nbsp;&nbsp;334966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4611787 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sagax AB (Class B Stock) | &nbsp;&nbsp;&nbsp;242395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6029575 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20974797 |
| **Switzerland 0.6%** | **Switzerland 0.6%** | **Switzerland 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;PSP Swiss Property AG | &nbsp;&nbsp;&nbsp;&nbsp;17666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2202310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Prime Site AG | &nbsp;&nbsp;&nbsp;&nbsp;39280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500175 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5702485 |
| **United Kingdom 4.6%** | **United Kingdom 4.6%** | **United Kingdom 4.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Big Yellow Group PLC, REIT | &nbsp;&nbsp;&nbsp;573770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8557898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grainger PLC | 2728314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8737639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Portland Estates PLC, REIT | &nbsp;&nbsp;&nbsp;378489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2662339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Land Securities Group PLC, REIT | &nbsp;&nbsp;&nbsp;602514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5278512 |

---

------

#### PGIM Global Real Estate Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (Continued)** | **Common Stocks (Continued)** | **Common Stocks (Continued)** |
| **United Kingdom (cont'd.)** | **United Kingdom (cont'd.)** | **United Kingdom (cont'd.)** |
| &nbsp;&nbsp;&nbsp;&nbsp;Segro PLC, REIT | 1227431 | &nbsp;&nbsp; $12634688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tritax Big Box REIT PLC, REIT | 2326599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4482820 |
| &nbsp;&nbsp;&nbsp;&nbsp;UNITE Group PLC (The), REIT | &nbsp;&nbsp;&nbsp;234518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2889060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45242956 |
| **United States 62.4%** | **United States 62.4%** | **United States 62.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Agree Realty Corp., REIT | &nbsp;&nbsp;&nbsp;141245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10541114 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent (Class A Stock), REIT | &nbsp;&nbsp;&nbsp;221927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7609877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Americold Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;651335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20458432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple Hospitality REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;246830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4376296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brixmor Property Group, Inc., REIT | &nbsp;&nbsp;&nbsp;414628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9756197 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust, REIT | &nbsp;&nbsp;&nbsp;130715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16105395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Community Healthcare Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;313983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13463591 |
| &nbsp;&nbsp;&nbsp;&nbsp;CubeSmart, REIT | &nbsp;&nbsp;&nbsp;104815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4799479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc., REIT(a) | &nbsp;&nbsp;&nbsp;255202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29251253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;57481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42428451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;93189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6689106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Residential, REIT | &nbsp;&nbsp;&nbsp;471399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30004546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Properties Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;507868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12940477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;42326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6680313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts, Inc., REIT | &nbsp;&nbsp;&nbsp;978566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18445969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independence Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;521812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9825720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes, Inc., REIT | &nbsp;&nbsp;&nbsp;114147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3709777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corp., REIT | &nbsp;&nbsp;&nbsp;222543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4998316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kite Realty Group Trust, REIT | &nbsp;&nbsp;&nbsp;300626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6523584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Storage, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;36480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3941299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medical Properties Trust, Inc., REIT(a) | &nbsp;&nbsp;&nbsp;518115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6709589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;15070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2512470 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Retail Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;192024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9092336 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Storage Affiliates Trust, REIT | &nbsp;&nbsp;&nbsp;126873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5176418 |
| &nbsp;&nbsp;&nbsp;&nbsp;NETSTREIT Corp., REIT | &nbsp;&nbsp;&nbsp;395577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7962965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors, Inc., REIT | &nbsp;&nbsp;&nbsp;544959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16043593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc., REIT(a) | &nbsp;&nbsp;&nbsp;667336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86273198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage, REIT | &nbsp;&nbsp;&nbsp;&nbsp;83355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25368261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corp., REIT | &nbsp;&nbsp;&nbsp;291067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19743075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corp., REIT | &nbsp;&nbsp;&nbsp;146731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9776687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc., REIT | &nbsp;&nbsp;&nbsp;290016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18407316 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;41266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12277873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;97625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12540907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Realty Capital, Inc., REIT | &nbsp;&nbsp;&nbsp;319603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14024180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Communities, Inc., REIT | &nbsp;&nbsp;&nbsp;127277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19964670 |
| &nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc., REIT | &nbsp;&nbsp;&nbsp;497230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21177026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc., REIT(a) | &nbsp;&nbsp;&nbsp;211669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10966571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veris Residential, Inc., REIT\* | &nbsp;&nbsp;&nbsp;417416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7221297 |

---

------

#### PGIM Global Real Estate Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (Continued)** | **Common Stocks (Continued)** | **Common Stocks (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| &nbsp;&nbsp;&nbsp;&nbsp;VICI Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;217744 | &nbsp;&nbsp; $7442490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc., REIT(a) | &nbsp;&nbsp;&nbsp;&nbsp;567779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42606136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617836250 |
| **Total Long-Term Investments<br> (cost $882,397,343)** | **Total Long-Term Investments<br> (cost $882,397,343)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987947523 |
| **Short-Term Investments 4.0%** | **Short-Term Investments 4.0%** | **Short-Term Investments 4.0%** |
| **Affiliated Mutual Fund 3.7%** | **Affiliated Mutual Fund 3.7%** | **Affiliated Mutual Fund 3.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;PGIM Institutional Money Market Fund<br> (cost $37,211,879; includes $36,925,444 of cash collateral for securities on loan)(b)(we) | &nbsp;&nbsp;37239760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37232312 |
| **Unaffiliated Fund 0.3%** | **Unaffiliated Fund 0.3%** | **Unaffiliated Fund 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management (Institutional Shares)<br> (cost $2,611,156) | &nbsp;&nbsp;&nbsp;2611156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2611156 |
| **Total Short-Term Investments<br> (cost $39,823,035)** | **Total Short-Term Investments<br> (cost $39,823,035)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39843468 |
| **TOTAL INVESTMENTS 103.8%<br> (cost $922,220,378)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027790991 |
| Liabilities in excess of other assets (3.8)% | Liabilities in excess of other assets (3.8)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38029850) |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$989761141 |

---

------

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:

REITs—Real Estate Investment Trust <br> UTS—Unit Trust Security

\* Non-income producing security.

(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $36,734,078; cash collateral of $36,925,444 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day.

(b) Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment.

(we) PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Institutional Money Market Fund.

Other information regarding the Fund is available in the Fund's most recent Report to Shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Prudential Investment Portfolios 12

- **b. Investment Company Act file number:** 811-08565

- **c. CIK number of Registrant:** 0001051562

- **d. LEI of Registrant:** 549300TIDSYQDWW4LP02

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

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-800-225-1852

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

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

- **b. EDGAR series identifier (if any):** S000004628

- **c. LEI of Series:** RM1TNBCZCD8HWGSSZZ84

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $1052326492.61

**Total Liabilities:** $60396206.19

**Net Assets:** $991930286.42

**Cash Not Reported:** $979219.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196787 | 8.25%                | -2.96%               | 9.31%                |
| Class ID C000130267 | 8.30%                | -2.94%               | 9.42%                |
| Class ID C000196788 | 8.31%                | -2.95%               | 9.37%                |
| Class ID C000064697 | 8.26%                | -3.03%               | 9.32%                |
| Class ID C000012602 | 8.20%                | -3.02%               | 9.24%                |
| Class ID C000012603 | 8.29%                | -2.98%               | 9.41%                |
| Class ID C000012604 | 8.23%                | -2.98%               | 9.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2451301.72              | $70012846.39                               |
| Month 2  | $-11466284.81            | $-20344214.06                              |
| Month 3  | $-3920423.52             | $90635725.16                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Prologis Inc                             | Prologis Inc                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    667336 | NS      | $86273198.08  | 8.70%             |  |  |  | No            |                  1 | On Loan: —       |
| PSP Swiss Property AG                    | PSP Swiss Property AG                    | CUSIP: 000000000<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |     17666 | NS      | $2202310.35   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                    | Mitsui Fudosan Co Ltd                    | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |   1193629 | NS      | $22372974.95  | 2.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Kojamo Oyj                               | Kojamo Oyj                               | CUSIP: 000000000<br>LEI: 7437007YPUOQZ8OV1R42 | Long             | EC               | CORP              | FI        |    513714 | NS      | $7887883.61   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Metropolitan Fund Invest           | Japan Metropolitan Fund Invest           | CUSIP: 000000000<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               | CORP              | JP        |      2199 | NS      | $1700012.79   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Link REIT                                | Link REIT                                | CUSIP: 000000000<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               | CORP              | HK        |   2173612 | NS      | $17398389.19  | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Camden Property Trust                    | Camden Property Trust                    | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |    130715 | NS      | $16105395.15  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                | Host Hotels & Resorts Inc                | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    978566 | NS      | $18445969.10  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Aedifica SA                              | Aedifica SA                              | CUSIP: 000000000<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               | CORP              | BE        |     96965 | NS      | $8508878.55   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commerci           | CapitaLand Integrated Commercial Trust   | CUSIP: 000000000<br>LEI: 54930031292WUTXF0L29 | Long             | EC               | CORP              | SG        |   6129810 | NS      | $10029195.92  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Medical Properties Trust Inc             | Medical Properties Trust Inc             | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    518115 | NS      | $6709589.25   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| Life Storage Inc                         | Life Storage Inc                         | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |     36480 | NS      | $3941299.20   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage REIT                    | National Storage REIT                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   7320567 | NS      | $12047740.30  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Cofinimmo SA                             | Cofinimmo SA                             | CUSIP: 000000000<br>LEI: 549300TM914CSF6KI389 | Long             | EC               | CORP              | BE        |     20820 | NS      | $1893768.28   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Hotel REIT Investment Co           | Japan Hotel REIT Investment Corp         | CUSIP: 000000000<br>LEI: 353800L8KG849FP1JI68 | Long             | EC               | CORP              | JP        |     11121 | NS      | $7047226.20   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| National Storage Affiliates Tr           | National Storage Affiliates Trust        | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126873 | NS      | $5176418.40   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                      | VICI Properties Inc                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    217744 | NS      | $7442489.92   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                  | Extra Space Storage Inc                  | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42326 | NS      | $6680312.58   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Region RE Ltd                            | Region RE Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   3914925 | NS      | $7512337.79   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Shurgard Self Storage SA                 | Shurgard Self Storage SA                 | CUSIP: 000000000<br>LEI: 549300J0UEIKU81XO336 | Long             | EC               | CORP              | LU        |    159310 | NS      | $7687369.80   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Stockland                                | Stockland                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    714324 | NS      | $1996013.82   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandox AB                                | Pandox AB                                | CUSIP: 000000000<br>LEI: 549300K4HA8EBLSL3B97 | Long             | EC               | CORP              | SE        |    334966 | NS      | $4611786.78   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Building Fund Inc                 | Nippon Building Fund Inc                 | CUSIP: 000000000<br>LEI: 52990053R8NL2MB32172 | Long             | EC               | CORP              | JP        |      1798 | NS      | $7857914.54   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingenia Communities Group                | Ingenia Communities Group                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1484522 | NS      | $4888944.68   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro PLC                                | Segro PLC                                | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               | CORP              | GB        |   1227431 | NS      | $12634687.92  | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Ascendas REIT                 | CapitaLand Ascendas REIT                 | CUSIP: 000000000<br>LEI: 549300ILIBAEMQZK3L20 | Long             | EC               | CORP              | SG        |   5283150 | NS      | $11626263.64  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity LifeStyle Properties In           | Equity LifeStyle Properties Inc          | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    116443 | NS      | $8358278.54   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                  | Kite Realty Group Trust                  | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    300626 | NS      | $6523584.20   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Lendlease Global Commercial RE           | Lendlease Global Commercial REIT         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   9700149 | NS      | $5371998.33   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE Group PLC/The                      | UNITE Group PLC/The                      | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |    234518 | NS      | $2889059.83   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Communities Inc                      | Sun Communities Inc                      | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |    127277 | NS      | $19964670.22  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Ascott Trust                  | CapitaLand Ascott Trust                  | CUSIP: 000000000<br>LEI: 549300W6RTG7Y32IWY65 | Long             | EC               | CORP              | SG        |   8853993 | NS      | $7505844.86   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| NETSTREIT Corp                           | NETSTREIT Corp                           | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |    395577 | NS      | $7962965.01   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshino Resorts REIT Inc                 | Hoshino Resorts REIT Inc                 | CUSIP: 000000000<br>LEI: 353800DF2MUZWFL4IL56 | Long             | EC               | CORP              | JP        |      1189 | NS      | $6811733.27   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Ventas Inc                               | Ventas Inc                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    211669 | NS      | $10966570.89  | 1.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Fastighets AB Balder                     | Fastighets AB Balder                     | CUSIP: 000000000<br>LEI: 549300GHKJCEZOAEUU82 | Long             | EC               | CORP              | SE        |    852725 | NS      | $4393445.73   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Boardwalk Real Estate Investme           | Boardwalk Real Estate Investment Trust   | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             | EC               | CORP              | CA        |    175309 | NS      | $7407366.86   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Prime Site AG                      | Swiss Prime Site AG                      | CUSIP: 000000000<br>LEI: 506700XI9H64OPR34158 | Long             | EC               | CORP              | CH        |     39280 | NS      | $3500174.38   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Community Healthcare Trust Inc           | Community Healthcare Trust Inc           | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |    313983 | NS      | $13463591.04  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Wharf Real Estate Investment C           | Wharf Real Estate Investment Co Ltd      | CUSIP: 000000000<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | HK        |    692139 | NS      | $3962264.62   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Realty Income Corp                       | Realty Income Corp                       | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    291067 | NS      | $19743074.61  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                              | Equinix Inc                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     57481 | NS      | $42428450.53  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Catena AB                                | Catena AB                                | CUSIP: 000000000<br>LEI: 549300EMLM7AH5LDLY65 | Long             | EC               | CORP              | SE        |     67262 | NS      | $2813973.90   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Independence Realty Trust Inc            | Independence Realty Trust Inc            | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    521812 | NS      | $9825719.96   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| VGP NV                                   | VGP NV                                   | CUSIP: 000000000<br>LEI: 315700NENYPIXFR94T49 | Long             | EC               | CORP              | BE        |      8176 | NS      | $816955.60    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitaland Investment Ltd/Sing           | Capitaland Investment Ltd/Singapore      | CUSIP: 000000000<br>LEI: 254900AT4UQDU7SNXX49 | Long             | EC               | CORP              | SG        |   4480439 | NS      | $13573987.51  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| UDR Inc                                  | UDR Inc                                  | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    497230 | NS      | $21177025.70  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management       | Dreyfus Government Cash Management       | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   1827570 | NS      | $1827569.57   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Tr           | Essential Properties Realty Trust Inc    | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    507868 | NS      | $12940476.64  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                | CubeSmart                                | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104815 | NS      | $4799478.85   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                    | American Homes 4 Rent                    | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    221927 | NS      | $7609876.83   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Chartwell Retirement Residence           | Chartwell Retirement Residences          | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |    737049 | NS      | $5434181.87   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                            | Welltower Inc                            | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |    567779 | NS      | $42606136.16  | 4.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsubishi Estate Co Ltd                 | Mitsubishi Estate Co Ltd                 | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |    212728 | NS      | $2734218.86   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Brixmor Property Group Inc               | Brixmor Property Group Inc               | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    414628 | NS      | $9756196.84   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                        | Agree Realty Corp                        | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141245 | NS      | $10541114.35  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                               | Vonovia SE                               | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |    162483 | NS      | $4589803.55   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Castellum AB                             | Castellum AB                             | CUSIP: 000000000<br>LEI: 549300GU5OHTR1T5IY68 | Long             | EC               | CORP              | SE        |    227826 | NS      | $3126015.98   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA Communications Corp                  | SBA Communications Corp                  | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     41266 | NS      | $12277872.98  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Portland Estates PLC               | Great Portland Estates PLC               | CUSIP: 000000000<br>LEI: 213800JMEDD2Q4N1MC42 | Long             | EC               | CORP              | GB        |    378489 | NS      | $2662338.67   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| PGIM Institutional Money Market Fund - D | PGIM Institutional Money Market Fund - D | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  54139814 | NS      | $54128985.75  | 5.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Realty Capital Inc                | Spirit Realty Capital Inc                | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |    319603 | NS      | $14024179.64  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| RioCan REIT                              | RioCan Real Estate Investment Trust      | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               | CORP              | CA        |    375386 | NS      | $6511524.47   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Real Estate Master Fund           | Nomura Real Estate Master Fund Inc       | CUSIP: 000000000<br>LEI: 353800TNNZOQ1CPZE086 | Long             | EC               | CORP              | JP        |      6395 | NS      | $7478728.60   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| InterRent Real Estate Investme           | InterRent Real Estate Investment Trust   | CUSIP: 46071W205<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    902185 | NS      | $9770760.85   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Scentre Group                            | Scentre Group                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   4853399 | NS      | $10530945.48  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group PLC                | Land Securities Group PLC                | CUSIP: 000000000<br>LEI: 213800V8IAVKS37D6B88 | Long             | EC               | CORP              | GB        |    602514 | NS      | $5278512.68   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Regency Centers Corp                     | Regency Centers Corp                     | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |    146731 | NS      | $9776686.53   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tritax Big Box REIT PLC                  | Tritax Big Box REIT PLC                  | CUSIP: 000000000<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               | CORP              | GB        |   2326599 | NS      | $4482819.96   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors Inc           | Omega Healthcare Investors Inc           | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    544959 | NS      | $16043592.96  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                 | Digital Realty Trust Inc                 | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    239495 | NS      | $27450916.90  | 2.77%             |  |  |  | No            |                  1 | On Loan: —       |
| Americold Realty Trust Inc               | Americold Realty Trust Inc               | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |    651335 | NS      | $20458432.35  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CK Asset Holdings Ltd                    | CK Asset Holdings Ltd                    | CUSIP: 000000000<br>LEI: 5299006GJZSGP78B8S35 | Long             | EC               | CORP              | HK        |    873933 | NS      | $5587499.83   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                 | Sagax AB                                 | CUSIP: 000000000<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |    242395 | NS      | $6029575.00   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Apple Hospitality REIT Inc               | Apple Hospitality REIT Inc               | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    246830 | NS      | $4376295.90   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Big Yellow Group PLC                     | Big Yellow Group PLC                     | CUSIP: 000000000<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               | CORP              | GB        |    573770 | NS      | $8557898.14   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd              | Sun Hung Kai Properties Ltd              | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |   1330648 | NS      | $18870761.66  | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Accommodations Fund Inc           | Nippon Accommodations Fund Inc           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       876 | NS      | $3931857.18   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Grainger PLC                             | Grainger PLC                             | CUSIP: 000000000<br>LEI: 2138007CEIRKZMNI2979 | Long             | EC               | CORP              | GB        |   2728314 | NS      | $8737638.79   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Properties Ltd                     | Swire Properties Ltd                     | CUSIP: 000000000<br>LEI: 5299001L12PHYVQ92465 | Long             | EC               | CORP              | HK        |   1823504 | NS      | $5125065.42   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Veris Residential Inc                    | Veris Residential Inc                    | CUSIP: 554489104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    417416 | NS      | $7221296.80   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                             | Klepierre SA                             | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               | CORP              | FR        |    288869 | NS      | $7331594.30   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group Inc                 | Simon Property Group Inc                 | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     97625 | NS      | $12540907.50  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                       | Equity Residential                       | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    471399 | NS      | $30004546.35  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Prologis REIT Inc                 | Nippon Prologis REIT Inc                 | CUSIP: 000000000<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               | CORP              | JP        |      3947 | NS      | $8956302.46   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexford Industrial Realty Inc            | Rexford Industrial Realty Inc            | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    290016 | NS      | $18407315.52  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                     | Invitation Homes Inc                     | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114147 | NS      | $3709777.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                           | Public Storage                           | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |     83355 | NS      | $25368260.70  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyu Fudosan Holdings Corp              | Tokyu Fudosan Holdings Corp              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1591278 | NS      | $8074517.13   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| National Retail Properties Inc           | National Retail Properties Inc           | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |    192024 | NS      | $9092336.40   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit           | Mid-America Apartment Communities Inc    | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     15070 | NS      | $2512470.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                        | Kimco Realty Corp                        | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |    222543 | NS      | $4998315.78   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corp               | Invincible Investment Corp               | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |     19262 | NS      | $8214689.64   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP J-Reit                               | GLP J-Reit                               | CUSIP: 000000000<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               | CORP              | JP        |      8133 | NS      | $9202987.06   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-22

**Name of Applicant:** Prudential Investment Portfolios 12

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer