# EDGAR Filing Document

**Accession Number:** 0001087961
**File Stem:** 0001752724-23-015207
**Filing Date:** 2023-1
**Character Count:** 62941
**Document Hash:** 959a9190b51efe5d455239c38b372bc8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015207.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015207

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING MASTER TRUST
- **CENTRAL INDEX KEY:** 0001087961
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09689
- **FILM NUMBER:** 23558256

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO MASTER TRUST
- **DATE OF NAME CHANGE:** 20021209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO CORE TRUST
- **DATE OF NAME CHANGE:** 19990604

## Series and Classes Contracts Data

### Allspring U.S. REIT Portfolio (Series ID: S000057918)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000188028 | U.S. REIT Portfolio |  |

## Nport-Ex

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Common stocks: 99.17%** |  |  |
| &nbsp;&nbsp;**Real estate: 99.17%** |  |  |
| &nbsp;&nbsp;**Equity REITs: 99.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acadia Realty Trust | &nbsp;&nbsp;&nbsp; 1786 | &nbsp;&nbsp;$27469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agree Realty Corporation | &nbsp;&nbsp;&nbsp; 1502 | &nbsp;&nbsp;&nbsp;&nbsp; 105065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities Incorporated | &nbsp;&nbsp;&nbsp; 2795 | &nbsp;&nbsp;&nbsp;&nbsp; 434930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Assets Trust Incorporated | &nbsp;&nbsp;&nbsp; 979 | &nbsp;&nbsp;&nbsp;&nbsp; 28675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent Class A | &nbsp;&nbsp;&nbsp; 5694 | &nbsp;&nbsp;&nbsp;&nbsp; 188301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Americold Realty Trust | &nbsp;&nbsp;&nbsp; 5070 | &nbsp;&nbsp;&nbsp;&nbsp; 151340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apartment Income REIT Corporation | &nbsp;&nbsp;&nbsp; 2902 | &nbsp;&nbsp;&nbsp;&nbsp; 110421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apartment Investment & Management Company Class A | &nbsp;&nbsp;&nbsp; 2864 | &nbsp;&nbsp;&nbsp;&nbsp; 24000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple Hospitality REIT Incorporated | &nbsp;&nbsp;&nbsp; 4006 | &nbsp;&nbsp;&nbsp;&nbsp; 68342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashford Hospitality Trust Incorporated † | &nbsp;&nbsp;&nbsp; 649 | &nbsp;&nbsp;&nbsp;&nbsp; 4225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AvalonBay Communities Incorporated | &nbsp;&nbsp;&nbsp; 2632 | &nbsp;&nbsp;&nbsp;&nbsp; 460337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boston Properties Incorporated | &nbsp;&nbsp;&nbsp; 2684 | &nbsp;&nbsp;&nbsp;&nbsp; 193463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brandywine Realty Trust | &nbsp;&nbsp;&nbsp; 3229 | &nbsp;&nbsp;&nbsp;&nbsp; 22312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brixmor Property Group Incorporated | &nbsp;&nbsp;&nbsp; 5641 | &nbsp;&nbsp;&nbsp;&nbsp; 130758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadstone Net Lease Incorporated | &nbsp;&nbsp;&nbsp; 3258 | &nbsp;&nbsp;&nbsp;&nbsp; 55288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust | &nbsp;&nbsp;&nbsp; 2005 | &nbsp;&nbsp;&nbsp;&nbsp; 241262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CareTrust REIT Incorporated | &nbsp;&nbsp;&nbsp; 1826 | &nbsp;&nbsp;&nbsp;&nbsp; 36155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centerspace REIT | &nbsp;&nbsp;&nbsp; 289 | &nbsp;&nbsp;&nbsp;&nbsp; 18641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chatham Lodging Trust † | &nbsp;&nbsp;&nbsp; 918 | &nbsp;&nbsp;&nbsp;&nbsp; 12274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City Office REIT Incorporated | &nbsp;&nbsp;&nbsp; 782 | &nbsp;&nbsp;&nbsp;&nbsp; 7734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Community Healthcare Trust Incorporated | &nbsp;&nbsp;&nbsp; 439 | &nbsp;&nbsp;&nbsp;&nbsp; 15479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Office Properties Trust | &nbsp;&nbsp;&nbsp;2116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cousins Properties Incorporated | &nbsp;&nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CubeSmart | &nbsp;&nbsp;&nbsp;4225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DiamondRock Hospitality | &nbsp;&nbsp;&nbsp;3970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust Incorporated | &nbsp;&nbsp;&nbsp;5411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Healthcare Trust | &nbsp;&nbsp;&nbsp;4501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Douglas Emmett Incorporated | &nbsp;&nbsp;&nbsp;3309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Easterly Government Properties Incorporated | &nbsp;&nbsp;&nbsp;1708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EastGroup Properties Incorporated | &nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Empire State Realty Trust Incorporated Class A | &nbsp;&nbsp;&nbsp;2509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EPR Properties | &nbsp;&nbsp;&nbsp;1412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinix Incorporated | &nbsp;&nbsp;&nbsp;1714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1183774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity Commonwealth | &nbsp;&nbsp;&nbsp;2093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity Lifestyle Properties Incorporated | &nbsp;&nbsp;&nbsp;3292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity Residential | &nbsp;&nbsp;&nbsp;6372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essential Properties Realty | &nbsp;&nbsp;&nbsp;2658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust Incorporated | &nbsp;&nbsp;&nbsp;1226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage Incorporated | &nbsp;&nbsp;&nbsp;2521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal Realty Investment Trust | &nbsp;&nbsp;&nbsp;1371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Industrial Realty Trust Incorporated | &nbsp;&nbsp;&nbsp;2486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four Corners Property Trust Incorporated | &nbsp;&nbsp;&nbsp;1533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Street Properties Corporation | &nbsp;&nbsp;&nbsp;1729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Getty Realty Corporation | &nbsp;&nbsp;&nbsp;799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Medical REIT Incorporated | &nbsp;&nbsp;&nbsp;1159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Net Lease Incorporated | &nbsp;&nbsp;&nbsp;1952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthcare Realty Trust Incorporated | &nbsp;&nbsp;&nbsp;7164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties Incorporated | &nbsp;&nbsp;&nbsp;10158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hersha Hospitality Trust | &nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Highwoods Properties Incorporated | &nbsp;&nbsp;&nbsp;1979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts Incorporated | &nbsp;&nbsp;&nbsp;13459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudson Pacific Properties Incorporated | &nbsp;&nbsp;&nbsp;2426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28045 |

---

See accompanying notes to portfolio of investments

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Allspring U.S. REIT Portfolio \| 1

------

Portfolio of investments—November 30, 2022 (unaudited)

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---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Equity REITs (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Independence Realty Trust Incorporated | &nbsp;&nbsp;&nbsp; 4175 | &nbsp;&nbsp;$75651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrial Logistics Properties Trust | &nbsp;&nbsp;&nbsp; 1231 | &nbsp;&nbsp;&nbsp;&nbsp; 5010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Innovative Industrial Properties Incorporated | &nbsp;&nbsp;&nbsp; 399 | &nbsp;&nbsp;&nbsp;&nbsp; 48363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes Incorporated | &nbsp;&nbsp;&nbsp; 10916 | &nbsp;&nbsp;&nbsp;&nbsp; 356189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JBG Smith Properties | &nbsp;&nbsp;&nbsp; 1872 | &nbsp;&nbsp;&nbsp;&nbsp; 38582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kilroy Realty Corporation | &nbsp;&nbsp;&nbsp; 1979 | &nbsp;&nbsp;&nbsp;&nbsp; 85532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corporation | &nbsp;&nbsp;&nbsp; 11643 | &nbsp;&nbsp;&nbsp;&nbsp; 266858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kite Realty Group Trust | &nbsp;&nbsp;&nbsp; 4124 | &nbsp;&nbsp;&nbsp;&nbsp; 94027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Life Storage Incorporated | &nbsp;&nbsp;&nbsp; 1588 | &nbsp;&nbsp;&nbsp;&nbsp; 170694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LTC Properties Incorporated | &nbsp;&nbsp;&nbsp; 761 | &nbsp;&nbsp;&nbsp;&nbsp; 29900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LXP Industrial Trust | &nbsp;&nbsp;&nbsp; 5269 | &nbsp;&nbsp;&nbsp;&nbsp; 56694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Properties Trust Incorporated | &nbsp;&nbsp;&nbsp; 11276 | &nbsp;&nbsp;&nbsp;&nbsp; 147941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities Incorporated | &nbsp;&nbsp;&nbsp; 2173 | &nbsp;&nbsp;&nbsp;&nbsp; 358284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Health Investors Incorporated | &nbsp;&nbsp;&nbsp; 839 | &nbsp;&nbsp;&nbsp;&nbsp; 47202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Retail Properties Incorporated | &nbsp;&nbsp;&nbsp; 3333 | &nbsp;&nbsp;&nbsp;&nbsp; 154518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Storage Affiliates Trust | &nbsp;&nbsp;&nbsp; 1606 | &nbsp;&nbsp;&nbsp;&nbsp; 63935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NETSTREIT Corporation | &nbsp;&nbsp;&nbsp; 947 | &nbsp;&nbsp;&nbsp;&nbsp; 18495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NexPoint Residential Trust Incorporated | &nbsp;&nbsp;&nbsp; 429 | &nbsp;&nbsp;&nbsp;&nbsp; 20631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Office Properties Income Trust | &nbsp;&nbsp;&nbsp; 913 | &nbsp;&nbsp;&nbsp;&nbsp; 13960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors Incorporated | &nbsp;&nbsp;&nbsp; 4406 | &nbsp;&nbsp;&nbsp;&nbsp; 133414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orion Office Incorporated | &nbsp;&nbsp;&nbsp; 1065 | &nbsp;&nbsp;&nbsp;&nbsp; 9894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paramount Group Incorporated | &nbsp;&nbsp;&nbsp; 3181 | &nbsp;&nbsp;&nbsp;&nbsp; 20740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Hotels & Resorts Incorporated | &nbsp;&nbsp;&nbsp; 4232 | &nbsp;&nbsp;&nbsp;&nbsp; 54297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pebblebrook Hotel Trust | &nbsp;&nbsp;&nbsp;2474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piedmont Office Realty Trust Incorporated Class A | &nbsp;&nbsp;&nbsp;2323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plymouth Industrial Incorporated | &nbsp;&nbsp;&nbsp;687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prologis Incorporated | &nbsp;&nbsp;&nbsp;17382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2047426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Storage Incorporated | &nbsp;&nbsp;&nbsp;2975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corporation | &nbsp;&nbsp;&nbsp;11626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corporation | &nbsp;&nbsp;&nbsp;2899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retail Opportunity Investment Corporation | &nbsp;&nbsp;&nbsp;2344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rexford Industrial Realty Incorporated | &nbsp;&nbsp;&nbsp;3220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RLJ Lodging Trust | &nbsp;&nbsp;&nbsp;3063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RPT Realty | &nbsp;&nbsp;&nbsp;1603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryman Hospitality Properties Incorporated | &nbsp;&nbsp;&nbsp;1038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust | &nbsp;&nbsp;&nbsp;3108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group Incorporated | &nbsp;&nbsp;&nbsp;6163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SITE Centers Corporation | &nbsp;&nbsp;&nbsp;3505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SL Green Realty Corporation | &nbsp;&nbsp;&nbsp;1209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Realty Capital Incorporated | &nbsp;&nbsp;&nbsp;2566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STAG Industrial Incorporated | &nbsp;&nbsp;&nbsp;3373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Store Capital Corporation | &nbsp;&nbsp;&nbsp;5002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Hotel Properties Incorporated | &nbsp;&nbsp;&nbsp;2012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sun Communities Incorporated | &nbsp;&nbsp;&nbsp;2322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunstone Hotel Investors Incorporated | &nbsp;&nbsp;&nbsp;3996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tanger Factory Outlet Centers Incorporated | &nbsp;&nbsp;&nbsp;1964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terreno Realty Corporation | &nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Macerich Company | &nbsp;&nbsp;&nbsp;4042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Necessity Retail REIT Incorporated | &nbsp;&nbsp;&nbsp;2508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UDR Incorporated | &nbsp;&nbsp;&nbsp;5749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UMH Properties Incorporated | &nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Universal Health Realty Income Trust | &nbsp;&nbsp;&nbsp;238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Urban Edge Properties | &nbsp;&nbsp;&nbsp;2210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ventas Incorporated | &nbsp;&nbsp;&nbsp;7524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veris Residential Incorporated † | &nbsp;&nbsp;&nbsp;1491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vornado Realty Trust | &nbsp;&nbsp;&nbsp;3032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76679 |

---

See accompanying notes to portfolio of investments

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2 \| Allspring U.S. REIT Portfolio

------

Portfolio of investments—November 30, 2022 (unaudited)

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---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Equity REITs (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington REIT | &nbsp;&nbsp;&nbsp; 1645 | &nbsp;&nbsp;$32505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Welltower Incorporated | &nbsp;&nbsp;&nbsp; 8723 | &nbsp;&nbsp;&nbsp;&nbsp; 619592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WP Carey Incorporated | &nbsp;&nbsp;&nbsp; 3906 | &nbsp;&nbsp;&nbsp;&nbsp; 307793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Xenia Hotels & Resorts Incorporated | &nbsp;&nbsp;&nbsp; 2152 | &nbsp;&nbsp;&nbsp;&nbsp; 33184 |
| &nbsp;&nbsp;**Total Common stocks (Cost $15,968,503)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**17483409** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** |  |  |
| &nbsp;&nbsp;**Short-term investments: 0.91%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 0.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞ |  | 3.60% | &nbsp;&nbsp;&nbsp;159942 | &nbsp;&nbsp;&nbsp;&nbsp; **159942** |
| &nbsp;&nbsp;**Total Short-term investments (Cost $159,942)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **159942** |
| &nbsp;&nbsp;**Total investments in securities (Cost $16,128,445)** | 100.08% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;17643351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(0.08) |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (13240) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$17630111** |

---

† Non-income-earning security <br> ♠ The issuer of the security is an affiliated person of the Portfolio as defined in the Investment Company Act of 1940. <br> ∞ The rate represents the 7-day annualized yield at period end.

Abbreviations: <br> REIT Real estate investment trust

#### Investments in affiliates
An affiliated investment is an investment in which the Portfolio owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Portfolio and the issuer having the same adviser or investment manager. Transactions with issuers that were affiliates of the Portfolio at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $102224 | $9025514 | $(8967796) | $0 | $0 | $159942 | 159942 | $2339 |

---

See accompanying notes to portfolio of investments

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Allspring U.S. REIT Portfolio \| 3

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Notes to portfolio of investments—November 30, 2022 (unaudited)

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Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Portfolio may deviate from this calculation time under unusual or unexpected circumstances.

Equity securities that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Portfolio's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Portfolio's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

■ Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Portfolio's assets and liabilities as of November 30, 2022:

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| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Real estate* | &nbsp;&nbsp;$17483409 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$17483409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$17643351** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$17643351** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.

For the nine months ended November 30, 2022, the Portfolio did not have any transfers into/out of Level 3.

------

4 \| Allspring U.S. REIT Portfolio

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING MASTER TRUST

- **b. Investment Company Act file number:** 811-09689

- **c. CIK number of Registrant:** 0001087961

- **d. LEI of Registrant:** 549300RK07I40T8DF120

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

  - **Street Address 1:** 525 MARKET STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-222-8222

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

- **a. Name of Series:** Allspring U.S. REIT Portfolio

- **b. EDGAR series identifier (if any):** S000057918

- **c. LEI of Series:** 549300NVPFQGH5DNJ440

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $17665533.66

**Total Liabilities:** $35422.43

**Net Assets:** $17630111.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000188028 | -12.23%              | 4.52%                | 5.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4634.16                | $-2170479.38                               |
| Month 2  | $11777.27                | $714796.38                                 |
| Month 3  | $0.00                    | $927201.95                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Global Medical REIT Inc                | Global Medical REIT Inc                | CUSIP: 37954A204<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EC               |  | US        |      1159 | NS      | $11705.90     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc          | Independence Realty Trust Inc          | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               |  | US        |      4175 | NS      | $75651.00     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc         | Omega Healthcare Investors Inc         | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |      4406 | NS      | $133413.68    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                     | Equity Residential                     | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               |  | US        |      6372 | NS      | $413287.92    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| STORE Capital Corp                     | STORE Capital Corp                     | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               |  | US        |      5002 | NS      | $159563.80    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                          | Welltower Inc                          | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               |  | US        |      8723 | NS      | $619594.69    | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Office REIT Inc                  | Orion Office REIT Inc                  | CUSIP: 68629Y103<br>LEI: N/A                  | Long             | EC               |  | US        |      1065 | NS      | $9893.85      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Factory Outlet Centers Inc      | Tanger Factory Outlet Centers Inc      | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               |  | US        |      1964 | NS      | $38199.80     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties Inc               | Highwoods Properties Inc               | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               |  | US        |      1979 | NS      | $58974.20     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                     | Realty Income Corp                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               |  | US        |     11626 | NS      | $733251.82    | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc  | Essential Properties Realty Trust Inc  | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |      2658 | NS      | $61692.18     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc        | Four Corners Property Trust Inc        | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               |  | US        |      1533 | NS      | $41605.62     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                           | WP Carey Inc                           | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               |  | US        |      3906 | NS      | $307792.80    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                | UDR Inc                                | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               |  | US        |      5749 | NS      | $238411.03    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                             | Ventas Inc                             | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |      7524 | NS      | $350091.72    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties Inc                     | UMH Properties Inc                     | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               |  | US        |       956 | NS      | $16835.16     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc             | Americold Realty Trust Inc             | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               |  | US        |      5070 | NS      | $151339.50    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                   | Regency Centers Corp                   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               |  | US        |      2899 | NS      | $192580.57    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc     | Easterly Government Properties Inc     | CUSIP: 27616P103<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               |  | US        |      1708 | NS      | $27054.72     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc                   | Global Net Lease Inc                   | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               |  | US        |      1952 | NS      | $26410.56     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust   | Universal Health Realty Income Trust   | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               |  | US        |       238 | NS      | $12492.62     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                              | CubeSmart                              | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               |  | US        |      4225 | NS      | $174872.75    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                    | Sun Communities Inc                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |      2322 | NS      | $341101.80    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                            | Centerspace                            | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               |  | US        |       289 | NS      | $18640.50     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust                      | RLJ Lodging Trust                      | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               |  | US        |      3063 | NS      | $37123.56     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Properties Inc                  | Boston Properties Inc                  | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               |  | US        |      2684 | NS      | $193462.72    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                           | Prologis Inc                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |     17382 | NS      | $2047425.78   | 11.61%            |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                  | American Homes 4 Rent                  | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               |  | US        |      5694 | NS      | $188300.58    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Street Properties Corp        | Franklin Street Properties Corp        | CUSIP: 35471R106<br>LEI: 549300STLK2T6QY5WO82 | Long             | EC               |  | US        |      1729 | NS      | $5048.68      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properties Inc   | Innovative Industrial Properties Inc   | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               |  | US        |       399 | NS      | $48362.79     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co             | DiamondRock Hospitality Co             | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               |  | US        |      3970 | NS      | $37357.70     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR         | ALLSPRING GOVERNMENT MONEY MAR         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    159942 | NS      | $159941.95    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                    | Acadia Realty Trust                    | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               |  | US        |      1786 | NS      | $27468.68     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc          | Empire State Realty Trust Inc          | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               |  | US        |      2509 | NS      | $19344.39     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                    | Terreno Realty Corp                    | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               |  | US        |      1250 | NS      | $73300.00     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts Inc             | Xenia Hotels & Resorts Inc             | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               |  | US        |      2152 | NS      | $33183.84     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Necessity Retail REIT Inc/The          | Necessity Retail REIT Inc/The          | CUSIP: 02607T109<br>LEI: 549300GN4H0K3IUS8983 | Long             | EC               |  | US        |      2508 | NS      | $16753.44     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                | Kite Realty Group Trust                | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               |  | US        |      4124 | NS      | $94027.20     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust        | Federal Realty Investment Trust        | CUSIP: 313745101<br>LEI: 549300LI6XZ51GOCJ427 | Long             | EC               |  | US        |      1371 | NS      | $152318.10    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities Inc    | Alexandria Real Estate Equities Inc    | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               |  | US        |      2795 | NS      | $434929.95    | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                | Brandywine Realty Trust                | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               |  | US        |      3229 | NS      | $22312.39     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc       | Ryman Hospitality Properties Inc       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               |  | US        |      1038 | NS      | $95008.14     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Healthcare Trust           | Diversified Healthcare Trust           | CUSIP: 25525P107<br>LEI: N/A                  | Long             | EC               |  | US        |      4501 | NS      | $4455.99      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                   | JBG SMITH Properties                   | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               |  | US        |      1872 | NS      | $38581.92     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc              | American Assets Trust Inc              | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               |  | US        |       979 | NS      | $28674.91     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc             | Brixmor Property Group Inc             | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |      5641 | NS      | $130758.38    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Hersha Hospitality Trust               | Hersha Hospitality Trust               | CUSIP: 427825500<br>LEI: 549300DNC58BIN1VO064 | Long             | EC               |  | US        |       618 | NS      | $5951.34      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties Inc                     | LTC Properties Inc                     | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               |  | US        |       761 | NS      | $29899.69     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporate Office Properties Trust      | Corporate Office Properties Trust      | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               |  | US        |      2116 | NS      | $58761.32     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                         | Public Storage                         | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               |  | US        |      2975 | NS      | $886431.00    | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc              | Host Hotels & Resorts Inc              | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     13459 | NS      | $254913.46    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors Inc           | Sunstone Hotel Investors Inc           | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               |  | US        |      3996 | NS      | $43916.04     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc           | Plymouth Industrial REIT Inc           | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               |  | US        |       687 | NS      | $14220.90     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                         | EPR Properties                         | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |      1412 | NS      | $58753.32     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease Inc               | Broadstone Net Lease Inc               | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               |  | US        |      3258 | NS      | $55288.26     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                     | Douglas Emmett Inc                     | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               |  | US        |      3309 | NS      | $57311.88     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                       | Elme Communities                       | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               |  | US        |      1645 | NS      | $32505.20     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Storage Inc                       | Life Storage Inc                       | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               |  | US        |      1588 | NS      | $170694.12    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                      | Kimco Realty Corp                      | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               |  | US        |     11643 | NS      | $266857.56    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                | Pebblebrook Hotel Trust                | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               |  | US        |      2474 | NS      | $41192.10     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Healthcare Trust Inc         | Community Healthcare Trust Inc         | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               |  | US        |       439 | NS      | $15479.14     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust Inc      | First Industrial Realty Trust Inc      | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               |  | US        |      2486 | NS      | $125667.30    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc          | National Health Investors Inc          | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |       839 | NS      | $47202.14     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc          | Hudson Pacific Properties Inc          | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               |  | US        |      2426 | NS      | $28044.56     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc               | Essex Property Trust Inc               | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               |  | US        |      1226 | NS      | $270185.88    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Realty Capital Inc              | Spirit Realty Capital Inc              | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               |  | US        |      2566 | NS      | $106283.72    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashford Hospitality Trust Inc          | Ashford Hospitality Trust Inc          | CUSIP: 044103869<br>LEI: N/A                  | Long             | EC               |  | US        |       649 | NS      | $4224.99      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                  | Camden Property Trust                  | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               |  | US        |      2005 | NS      | $241261.65    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                   | Vornado Realty Trust                   | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |      3032 | NS      | $76679.28     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co/The                        | Macerich Co/The                        | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               |  | US        |      4042 | NS      | $51333.40     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties Inc            | Summit Hotel Properties Inc            | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               |  | US        |      2012 | NS      | $17202.60     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Management Co | Apartment Investment and Management Co | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               |  | US        |      2864 | NS      | $24000.32     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp                      | SITE Centers Corp                      | CUSIP: 82981J109<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               |  | US        |      3505 | NS      | $47632.95     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Office Realty Trust Inc       | Piedmont Office Realty Trust Inc       | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               |  | US        |      2323 | NS      | $24182.43     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc              | AvalonBay Communities Inc              | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |      2632 | NS      | $460336.80    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                      | Getty Realty Corp                      | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               |  | US        |       799 | NS      | $26382.98     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                  | Urban Edge Properties                  | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               |  | US        |      2210 | NS      | $34763.30     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| RPT Realty                             | RPT Realty                             | CUSIP: 74971D101<br>LEI: 549300T03GDH1L37S188 | Long             | EC               |  | US        |      1603 | NS      | $17953.60     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc             | Apple Hospitality REIT Inc             | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               |  | US        |      4006 | NS      | $68342.36     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Logistics Properties Trust  | Industrial Logistics Properties Trust  | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               |  | US        |      1231 | NS      | $5010.17      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust      | National Storage Affiliates Trust      | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               |  | US        |      1606 | NS      | $63934.86     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                     | Kilroy Realty Corp                     | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               |  | US        |      1979 | NS      | $85532.38     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Group Inc                    | Paramount Group Inc                    | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Long             | EC               |  | US        |      3181 | NS      | $20740.12     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp                         | NETSTREIT Corp                         | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               |  | US        |       947 | NS      | $18494.91     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc               | Simon Property Group Inc               | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |      6163 | NS      | $736108.72    | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Properties Trust               | Service Properties Trust               | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               |  | US        |      3108 | NS      | $24397.80     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust                  | Chatham Lodging Trust                  | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               |  | US        |       918 | NS      | $12273.66     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                   | LXP Industrial Trust                   | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               |  | US        |      5269 | NS      | $56694.44     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Office Properties Income Trust         | Office Properties Income Trust         | CUSIP: 67623C109<br>LEI: N/A                  | Long             | EC               |  | US        |       913 | NS      | $13959.77     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                      | Agree Realty Corp                      | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               |  | US        |      1502 | NS      | $105064.90    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| National Retail Properties Inc         | National Retail Properties Inc         | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               |  | US        |      3333 | NS      | $154517.88    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust Inc         | NexPoint Residential Trust Inc         | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               |  | US        |       429 | NS      | $20630.61     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc               | EastGroup Properties Inc               | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |       820 | NS      | $127296.80    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Income REIT Corp             | Apartment Income REIT Corp             | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               |  | US        |      2902 | NS      | $110421.10    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust Inc           | Medical Properties Trust Inc           | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               |  | US        |     11276 | NS      | $147941.12    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc  | Mid-America Apartment Communities Inc  | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |      2173 | NS      | $358284.24    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc               | Digital Realty Trust Inc               | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |      5411 | NS      | $608521.06    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc                  | Veris Residential Inc                  | CUSIP: 554489104<br>LEI: N/A                  | Long             | EC               |  | US        |      1491 | NS      | $23945.46     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                    | STAG Industrial Inc                    | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               |  | US        |      3373 | NS      | $111005.43    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                | Extra Space Storage Inc                | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               |  | US        |      2521 | NS      | $405099.49    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc          | Rexford Industrial Realty Inc          | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |      3220 | NS      | $178033.80    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Retail Opportunity Investments Corp    | Retail Opportunity Investments Corp    | CUSIP: 76131N101<br>LEI: N/A                  | Long             | EC               |  | US        |      2344 | NS      | $35746.00     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp                   | SL Green Realty Corp                   | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               |  | US        |      1209 | NS      | $50729.64     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc            | Healthcare Realty Trust Inc            | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               |  | US        |      7164 | NS      | $147076.92    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| City Office REIT Inc                   | City Office REIT Inc                   | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               |  | US        |       782 | NS      | $7733.98      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                            | Equinix Inc                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      1714 | NS      | $1183774.10   | 6.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc              | Healthpeak Properties Inc              | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               |  | US        |     10158 | NS      | $266749.08    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                 | Cousins Properties Inc                 | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               |  | US        |      2850 | NS      | $75183.00     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc        | Equity LifeStyle Properties Inc        | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |      3292 | NS      | $218654.64    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                     | CareTrust REIT Inc                     | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               |  | US        |      1826 | NS      | $36154.80     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc              | Park Hotels & Resorts Inc              | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               |  | US        |      4232 | NS      | $54296.56     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                   | Invitation Homes Inc                   | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               |  | US        |     10916 | NS      | $356189.08    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Commonwealth                    | Equity Commonwealth                    | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               |  | US        |      2093 | NS      | $56699.37     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** ALLSPRING MASTER TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer