# EDGAR Filing Document

**Accession Number:** 0000095603
**File Stem:** 0001752724-25-200372
**Filing Date:** 2025-8
**Character Count:** 103911
**Document Hash:** 3dd7f340e1255d861d95e71d47bdf52f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-200372.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-200372

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS MARKET TRUST
- **CENTRAL INDEX KEY:** 0000095603

**ORGANIZATION NAME:**
- **EIN:** 366103490
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01236
- **FILM NUMBER:** 251246003

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE MARKET TRUST
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS MARKET TRUST
- **DATE OF NAME CHANGE:** 20110203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS BALANCED FUND
- **DATE OF NAME CHANGE:** 20060207

## Series and Classes Contracts Data

### DWS RREEF Real Assets Fund (Series ID: S000032019)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000099688 | Class A             | AAAAX           |
| C000099689 | Class C             | AAAPX           |
| C000099690 | Class S             | AAASX           |
| C000099691 | Institutional Class | AAAZX           |
| C000101767 | Class R             | AAAQX           |
| C000151995 | Class R6            | AAAVX           |

## Nport-Ex

Consolidated Investment Portfolio**as of June 30, 2025 (Unaudited)** 

**DWS RREEF Real Assets Fund** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value ($)** |
| **Common Stocks 77.2%** |  |  |
| **Communication Services 1.7%** | **Communication Services 1.7%** |  |
| **Diversified Telecommunication Services**  | **Diversified Telecommunication Services**  |  |
| Cellnex Telecom SA 144A\*  | 1214896 | &nbsp;&nbsp; 47220350 |
| China Tower Corp. Ltd. "H" 144A  | 17712800 | &nbsp;&nbsp; 25359866 |
|  |  | &nbsp;&nbsp; **72580216** |
| **Consumer Staples 1.0%** | **Consumer Staples 1.0%** |  |
| **Food Products**  | **Food Products**  |  |
| Bunge Global SA  | 57275 | &nbsp;&nbsp; 4598037 |
| Darling Ingredients, Inc.\*  | 452391 | &nbsp;&nbsp; 17163715 |
| Ingredion, Inc.  | 148800 | &nbsp;&nbsp; 20180256 |
|  |  | &nbsp;&nbsp; **41942008** |
| **Energy 13.2%** | **Energy 13.2%** |  |
| **Oil, Gas & Consumable Fuels**  | **Oil, Gas & Consumable Fuels**  |  |
| ARC Resources Ltd.  | 718400 | &nbsp;&nbsp; 15146146 |
| Canadian Natural Resources Ltd.  | 636700 | &nbsp;&nbsp; 20011573 |
| Coterra Energy, Inc.  | 356885 | &nbsp;&nbsp; 9057741 |
| Diamondback Energy, Inc.  | 140380 | &nbsp;&nbsp; 19288212 |
| DT Midstream, Inc.  | 433340 | &nbsp;&nbsp; 47628399 |
| Enbridge, Inc.  | 1486936 | &nbsp;&nbsp; 67426692 |
| Expand Energy Corp.  | 84600 | &nbsp;&nbsp; 9893124 |
| Exxon Mobil Corp.  | 369870 | &nbsp;&nbsp; 39871986 |
| Gazprom PJSC (ADR)\* (a) | 1013306 | &nbsp;&nbsp; 0 |
| Keyera Corp.  | 906284 | &nbsp;&nbsp; 29642658 |
| LUKOIL PJSC \*\* (a) | 91202 | &nbsp;&nbsp; 0 |
| ONEOK, Inc.  | 457410 | &nbsp;&nbsp; 37338378 |
| Pembina Pipeline Corp.  | 1079989 | &nbsp;&nbsp; 40550643 |
| Petroleo Brasileiro SA - Petrobras (ADR)  | 728956 | &nbsp;&nbsp; 9119240 |
| Shell PLC  | 1471258 | &nbsp;&nbsp; 51426521 |
| Targa Resources Corp.  | 48515 | &nbsp;&nbsp; 8445491 |
| TC Energy Corp. (b) | 487500 | &nbsp;&nbsp; 23799523 |
| TotalEnergies SE  | 324100 | &nbsp;&nbsp; 19851012 |
| Venture Global, Inc. "A" (b) | 746791 | &nbsp;&nbsp; 11635004 |
| Williams Companies, Inc.  | 1452023 | &nbsp;&nbsp; 91201565 |
|  |  | &nbsp;&nbsp; **551333908** |
| **Health Care 0.2%** | **Health Care 0.2%** |  |
| **Health Care Providers & Services**  | **Health Care Providers & Services**  |  |
| Chartwell Retirement Residences (Units) (b) | 661000 | &nbsp;&nbsp; **9023675** |
| **Industrials 8.1%** | **Industrials 8.1%** |  |
| **Commercial Services & Supplies 2.2%** | **Commercial Services & Supplies 2.2%** |  |
| GFL Environmental, Inc.  | 1152059 | &nbsp;&nbsp; 58132897 |
| Waste Connections, Inc.  | 190338 | &nbsp;&nbsp; 35539911 |
|  |  | &nbsp;&nbsp; **93672808** |

---

------

---

| | | |
|:---|:---|:---|
| **Construction & Engineering 2.5%** | **Construction & Engineering 2.5%** |  |
| Eiffage SA  | 165109 | &nbsp;&nbsp; 23209847 |
| Vinci SA  | 539183 | &nbsp;&nbsp; 79545700 |
|  |  | &nbsp;&nbsp; **102755547** |
| **Ground Transportation 1.0%** | **Ground Transportation 1.0%** |  |
| Norfolk Southern Corp. | 165611 | &nbsp;&nbsp; **42391448** |
| **Transportation Infrastructure 2.4%** | **Transportation Infrastructure 2.4%** |  |
| Aena SME SA 144A  | 470790 | &nbsp;&nbsp; 12568860 |
| Fraport AG Frankfurt Airport Services Worldwide\* (b) | 222846 | &nbsp;&nbsp; 16786993 |
| Grupo Aeroportuario del Pacifico SAB de CV (ADR)  | 122026 | &nbsp;&nbsp; 28019610 |
| Transurban Group (Units)  | 4694400 | &nbsp;&nbsp; 43174447 |
|  |  | &nbsp;&nbsp; **100549910** |
| **Materials 8.2%** | **Materials 8.2%** |  |
| **Chemicals 2.1%** | **Chemicals 2.1%** |  |
| Corteva, Inc.  | 498816 | &nbsp;&nbsp; 37176756 |
| Mosaic Co.  | 506324 | &nbsp;&nbsp; 18470700 |
| Nutrien Ltd. (b) | 565066 | &nbsp;&nbsp; 32926739 |
|  |  | &nbsp;&nbsp; **88574195** |
| **Containers & Packaging 0.5%** | **Containers & Packaging 0.5%** |  |
| Smurfit WestRock PLC | 518216 | &nbsp;&nbsp; **22361020** |
| **Metals & Mining 4.4%** | **Metals & Mining 4.4%** |  |
| Alcoa Corp.  | 55887 | &nbsp;&nbsp; 1649225 |
| Anglogold Ashanti PLC  | 217000 | &nbsp;&nbsp; 9888690 |
| Antofagasta PLC  | 876000 | &nbsp;&nbsp; 21796096 |
| Capstone Copper Corp.\*  | 1516898 | &nbsp;&nbsp; 9312478 |
| First Quantum Minerals Ltd.\*  | 539900 | &nbsp;&nbsp; 9590733 |
| Glencore PLC\*  | 4319791 | &nbsp;&nbsp; 16846449 |
| Gold Fields Ltd. (ADR)  | 695200 | &nbsp;&nbsp; 16455384 |
| Ivanhoe Mines Ltd. "A"\*  | 1640285 | &nbsp;&nbsp; 12322464 |
| Newmont Corp.  | 403700 | &nbsp;&nbsp; 23519562 |
| Northern Star Resources Ltd.  | 809000 | &nbsp;&nbsp; 9983112 |
| Rio Tinto PLC  | 365880 | &nbsp;&nbsp; 21329239 |
| Steel Dynamics, Inc.  | 126900 | &nbsp;&nbsp; 16244469 |
| Vale SA (ADR)  | 1309655 | &nbsp;&nbsp; 12716750 |
|  |  | &nbsp;&nbsp; **181654651** |
| **Paper & Forest Products 1.2%** | **Paper & Forest Products 1.2%** |  |
| Mondi PLC  | 961984 | &nbsp;&nbsp; 15713945 |
| Stora Enso Oyj "R"  | 1164889 | &nbsp;&nbsp; 12653625 |
| UPM-Kymmene Oyj  | 584700 | &nbsp;&nbsp; 15958831 |
| West Fraser Timber Co., Ltd.  | 100700 | &nbsp;&nbsp; 7384543 |
|  |  | &nbsp;&nbsp; **51710944** |
| **Real Estate 32.3%** | **Real Estate 32.3%** |  |
| **Diversified REITs 2.5%** | **Diversified REITs 2.5%** |  |
| Activia Properties, Inc.  | 11663 | &nbsp;&nbsp; 9922239 |
| British Land Co. PLC  | 2816207 | &nbsp;&nbsp; 14520260 |
| Essential Properties Realty Trust, Inc.  | 766815 | &nbsp;&nbsp; 24469067 |
| GPT Group  | 3922000 | &nbsp;&nbsp; 12506389 |
| KDX Realty Investment Corp.  | 13950 | &nbsp;&nbsp; 15113209 |
| Mori Trust Reit, Inc.  | 31790 | &nbsp;&nbsp; 15224548 |
| Stockland  | 3501000 | &nbsp;&nbsp; 12356117 |
|  |  | &nbsp;&nbsp; **104111829** |

---

------

---

| | | |
|:---|:---|:---|
| **Health Care REITs 1.8%** | **Health Care REITs 1.8%** |  |
| American Healthcare REIT, Inc.  | 445548 | &nbsp;&nbsp; 16369433 |
| Ventas, Inc.  | 428000 | &nbsp;&nbsp; 27028200 |
| Welltower, Inc.  | 209364 | &nbsp;&nbsp; 32185528 |
|  |  | &nbsp;&nbsp; **75583161** |
| **Hotel & Resort REITs 0.1%** | **Hotel & Resort REITs 0.1%** |  |
| Invincible Investment Corp.  | 9620 | &nbsp;&nbsp; **4135489** |
| **Industrial REITs 4.1%** | **Industrial REITs 4.1%** |  |
| CapitaLand Ascendas REIT  | 12299100 | &nbsp;&nbsp; 25979849 |
| EastGroup Properties, Inc.  | 129720 | &nbsp;&nbsp; 21678806 |
| First Industrial Realty Trust, Inc.  | 352658 | &nbsp;&nbsp; 16973429 |
| Goodman Group  | 973231 | &nbsp;&nbsp; 21970443 |
| Industrial & Infrastructure Fund Investment Corp.  | 13421 | &nbsp;&nbsp; 11320779 |
| Mapletree Logistics Trust  | 17351700 | &nbsp;&nbsp; 16150755 |
| Mitsui Fudosan Logistics Park, Inc.  | 26456 | &nbsp;&nbsp; 19193775 |
| Nippon Prologis REIT, Inc.  | 10456 | &nbsp;&nbsp; 5778684 |
| Prologis, Inc.  | 252350 | &nbsp;&nbsp; 26527032 |
| Segro PLC  | 875722 | &nbsp;&nbsp; 8170512 |
|  |  | &nbsp;&nbsp; **173744064** |
| **Office REITs 0.4%** | **Office REITs 0.4%** |  |
| Dexus  | 2117800 | &nbsp;&nbsp; 9293461 |
| Hudson Pacific Properties, Inc. \*  | 3101120 | &nbsp;&nbsp; 8497069 |
|  |  | &nbsp;&nbsp; **17790530** |
| **Real Estate Management & Development 4.8%** | **Real Estate Management & Development 4.8%** |  |
| CapitaLand Investment Ltd.  | 7316100 | &nbsp;&nbsp; 15279872 |
| Catena AB  | 188000 | &nbsp;&nbsp; 9598376 |
| CTP NV 144A  | 948020 | &nbsp;&nbsp; 19943316 |
| Fastighets AB Balder "B"\*  | 2898218 | &nbsp;&nbsp; 21551046 |
| Mitsubishi Estate Co., Ltd.  | 1634100 | &nbsp;&nbsp; 30665391 |
| PSP Swiss Property AG (Registered)  | 116200 | &nbsp;&nbsp; 21429884 |
| Sumitomo Realty & Development Co., Ltd.  | 456300 | &nbsp;&nbsp; 17604098 |
| Sun Hung Kai Properties Ltd.  | 1958000 | &nbsp;&nbsp; 22537390 |
| Vonovia SE  | 863612 | &nbsp;&nbsp; 30513535 |
| Wihlborgs Fastigheter AB  | 928522 | &nbsp;&nbsp; 10031404 |
|  |  | &nbsp;&nbsp; **199154312** |
| **Residential REITs 3.4%** | **Residential REITs 3.4%** |  |
| American Homes 4 Rent "A"  | 433517 | &nbsp;&nbsp; 15636958 |
| Equity Residential  | 287900 | &nbsp;&nbsp; 19430371 |
| Essex Property Trust, Inc.  | 102470 | &nbsp;&nbsp; 29039998 |
| Independence Realty Trust, Inc.  | 585962 | &nbsp;&nbsp; 10365668 |
| Mid-America Apartment Communities, Inc.  | 256470 | &nbsp;&nbsp; 37960124 |
| Sun Communities, Inc.  | 139916 | &nbsp;&nbsp; 17697975 |
| UNITE Group PLC  | 993226 | &nbsp;&nbsp; 11557037 |
|  |  | &nbsp;&nbsp; **141688131** |
| **Retail REITs 4.0%** | **Retail REITs 4.0%** |  |
| Agree Realty Corp. (b) | 305328 | &nbsp;&nbsp; 22307264 |
| Brixmor Property Group, Inc.  | 650300 | &nbsp;&nbsp; 16933812 |
| Choice Properties Real Estate Investment Trust (b) | 1066000 | &nbsp;&nbsp; 11640477 |
| First Capital Real Estate Investment Trust (b) | 641000 | &nbsp;&nbsp; 8543529 |
| Frasers Centrepoint Trust  | 6051600 | &nbsp;&nbsp; 10861496 |
| Klepierre SA  | 257310 | &nbsp;&nbsp; 10141512 |
| Link REIT  | 5926741 | &nbsp;&nbsp; 31700232 |
| Simon Property Group, Inc.  | 277458 | &nbsp;&nbsp; 44604148 |
| Unibail-Rodamco-Westfield \*  | 99208 | &nbsp;&nbsp; 9513465 |
|  |  | &nbsp;&nbsp; **166245935** |

---

------

---

| | | |
|:---|:---|:---|
| **Specialized REITs 11.2%** | **Specialized REITs 11.2%** |  |
| American Tower Corp.  | 648126 | &nbsp;&nbsp; 143248809 |
| Big Yellow Group PLC  | 348816 | &nbsp;&nbsp; 4843234 |
| Crown Castle, Inc.  | 286634 | &nbsp;&nbsp; 29445911 |
| CubeSmart  | 368027 | &nbsp;&nbsp; 15641148 |
| Digital Realty Trust, Inc.  | 219622 | &nbsp;&nbsp; 38286703 |
| EPR Properties  | 209300 | &nbsp;&nbsp; 12193818 |
| Equinix, Inc.  | 85488 | &nbsp;&nbsp; 68003139 |
| Iron Mountain, Inc.  | 324816 | &nbsp;&nbsp; 33316377 |
| Public Storage  | 194405 | &nbsp;&nbsp; 57042315 |
| SBA Communications Corp.  | 134424 | &nbsp;&nbsp; 31568132 |
| Smartstop Self Storage REIT, Inc. (b) | 490721 | &nbsp;&nbsp; 17778822 |
| VICI Properties, Inc.  | 568051 | &nbsp;&nbsp; 18518463 |
|  |  | &nbsp;&nbsp; **469886871** |
| **Utilities 12.5%** | **Utilities 12.5%** |  |
| **Electric Utilities 4.4%** | **Electric Utilities 4.4%** |  |
| Exelon Corp.  | 1317474 | &nbsp;&nbsp; 57204721 |
| PG&E Corp.  | 3924649 | &nbsp;&nbsp; 54709607 |
| Pinnacle West Capital Corp.  | 233480 | &nbsp;&nbsp; 20889456 |
| Redeia Corp. SA (b) | 1650194 | &nbsp;&nbsp; 35297124 |
| Terna - Rete Elettrica Nazionale  | 1676999 | &nbsp;&nbsp; 17227000 |
|  |  | &nbsp;&nbsp; **185327908** |
| **Gas Utilities 2.2%** | **Gas Utilities 2.2%** |  |
| Atmos Energy Corp.  | 249556 | &nbsp;&nbsp; 38459075 |
| ENN Energy Holdings Ltd.  | 2255900 | &nbsp;&nbsp; 18167807 |
| Hong Kong & China Gas Co., Ltd.  | 13884000 | &nbsp;&nbsp; 11682192 |
| Kunlun Energy Co., Ltd.  | 7153000 | &nbsp;&nbsp; 6953818 |
| Tokyo Gas Co., Ltd.  | 542530 | &nbsp;&nbsp; 18048475 |
|  |  | &nbsp;&nbsp; **93311367** |
| **Multi-Utilities 4.4%** | **Multi-Utilities 4.4%** |  |
| CenterPoint Energy, Inc.  | 1099757 | &nbsp;&nbsp; 40405072 |
| Consolidated Edison, Inc.  | 51700 | &nbsp;&nbsp; 5188095 |
| National Grid PLC  | 5035091 | &nbsp;&nbsp; 73685427 |
| NiSource, Inc.  | 1542406 | &nbsp;&nbsp; 62220658 |
|  |  | &nbsp;&nbsp; **181499252** |
| **Water Utilities 1.5%** | **Water Utilities 1.5%** |  |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP (ADR)  | 698570 | &nbsp;&nbsp; 15347583 |
| Pennon Group PLC  | 1871600 | &nbsp;&nbsp; 12854132 |
| Severn Trent PLC  | 888103 | &nbsp;&nbsp; 33337842 |
|  |  | &nbsp;&nbsp; **61539557** |
| **Total Common Stocks** (Cost $2,774,909,569) |  | &nbsp;&nbsp; **3232568736** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Principal** <br>**Amount ($)**<br>| **Value ($)** |
| **Government & Agency Obligations 20.5%** | **Government & Agency Obligations 20.5%** |  |
| **U.S. Treasury Obligations**  | **U.S. Treasury Obligations**  |  |
| U.S. Treasury Inflation-Indexed Bonds: |  |  |
| &nbsp;&nbsp;&nbsp; 0.875% , 2/15/2047  | 28976876 | &nbsp;&nbsp; 20985790 |
| &nbsp;&nbsp;&nbsp; 1.375% , 2/15/2044  | 24983742 | &nbsp;&nbsp; 20970538 |

---

------

---

| | | |
|:---|:---|:---|
| U.S. Treasury Inflation-Indexed Notes: |  |  |
| &nbsp;&nbsp;&nbsp; 0.125% , 7/15/2031  | 65369560 | &nbsp;&nbsp; 60152198 |
| &nbsp;&nbsp;&nbsp; 0.25% , 7/15/2029  | 63325241 | &nbsp;&nbsp; 60809420 |
| &nbsp;&nbsp;&nbsp; 0.375% , 1/15/2027  | 42249822 | &nbsp;&nbsp; 41672265 |
| &nbsp;&nbsp;&nbsp; 0.375% , 7/15/2027  | 61161173 | &nbsp;&nbsp; 60333027 |
| &nbsp;&nbsp;&nbsp; 0.625% , 7/15/2032  | 54251173 | &nbsp;&nbsp; 50601418 |
| &nbsp;&nbsp;&nbsp; 0.875% , 1/15/2029  | 53052157 | &nbsp;&nbsp; 52227019 |
| &nbsp;&nbsp;&nbsp; 1.375% , 7/15/2033  | 43747317 | &nbsp;&nbsp; 42482260 |
| U.S. Treasury Notes: |  |  |
| &nbsp;&nbsp;&nbsp; 0.25% , 8/31/2025  | 170000000 | &nbsp;&nbsp; 168808008 |
| &nbsp;&nbsp;&nbsp; 0.25% , 9/30/2025  | 127500000 | &nbsp;&nbsp; 126226660 |
| &nbsp;&nbsp;&nbsp; 0.375% , 11/30/2025  | 42500000 | &nbsp;&nbsp; 41817261 |
| &nbsp;&nbsp;&nbsp; 4.75% , 7/31/2025  | 110000000 | &nbsp;&nbsp; 110029468 |
| **Total Government & Agency Obligations** (Cost $858,904,995) | **Total Government & Agency Obligations** (Cost $858,904,995) | &nbsp;&nbsp; **857115332** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value ($)** |
| **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** |  |
| &nbsp;&nbsp;&nbsp; DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional <br> Shares", 4.25% (c) (d) <br>(Cost $162,964,306)<br>| 162964306 | &nbsp;&nbsp; **162964306** |
| **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** |  |
| &nbsp;&nbsp;&nbsp; DWS Central Cash Management Government Fund, <br>4.37% (c) (Cost $74,404,083)<br>| 74404083 | &nbsp;&nbsp; **74404083** |

---

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

---

| | | |
|:---|:---|:---|
|  | **% of** <br>**Net Assets**<br>| **Value ($)** |
| **Total Consolidated Investment Portfolio** (Cost $3,871,182,953) | 103.4 | &nbsp;&nbsp; **4327052457** |
| **Other Assets and Liabilities, Net** | (3.4)<br>| &nbsp;&nbsp; **(142082793)**<br>|
| **Net Assets** | 100.0 | &nbsp;&nbsp; **4184969664** |

---

*For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.*

*A summary of the Fund's transactions with affiliated investments during the period ended June 30, 2025 are as follows:* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Value ($) at** <br>**3/31/2025**<br>| **Purchases** <br>**Cost ($)**<br>| **Sales** <br>**Proceeds ($)**<br>| **Net Realized** <br>**Gain/** <br>**(Loss) ($)**<br>| **Net Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation) ($)**<br>| **Income ($)** | **Capital Gain** <br>**Distributions ($)**<br>| **Number** <br>**of Shares** <br>**at** <br>**6/30/2025**<br>| **Value ($) at** <br>**6/30/2025**<br>|
| **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** | **Securities Lending Collateral 3.9%** |
| DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>4.25% (c) (d) |
| 82017750  | 80,946,556 (e) | —  | —  | —  | 407140  | —  | 162964306  | 162964306  |
| **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** | **Cash Equivalents 1.8%** |
| DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) | DWS Central Cash Management Government Fund, 4.37% (c) |
| 117620412  | 573490302  | 616706631  | —  | —  | 580953  | —  | 74404083  | 74404083  |
| **199638162** | **654436858** | **616706631** | **—** | **—** | **988093** | **—** | **237368389** | **237368389** |

---

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

*\** *Non-income producing security.* 

*\*\** *Non-income producing security; due to applicable sanctions, dividend income was not recorded.*

*(a)* *Investment was valued using significant unobservable inputs.*

*(b)* *All or a portion of these securities were on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales that* *are also on loan. The value of securities loaned at June 30, 2025 amounted to $156,859,562, which is 3.7% of net assets.* 

*(c)* *Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at* *period end.* 

------

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

&nbsp;&nbsp;&nbsp;&nbsp;*(d)* *Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.* 

&nbsp;&nbsp;&nbsp;&nbsp;*(e)* *Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period* *ended June 30, 2025.* 

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

---

| |
|:---|
| *144A: Security exempt from registration under Rule 144A under the Securities Act of 1933. These securities may be resold in* <br> *transactions exempt from registration, normally to qualified institutional buyers.*<br>|
| *ADR: American Depositary Receipt* |
| *HRW: Hard Red Winter* |
| *LME: London Metal Exchange* |
| *PJSC: Public Joint Stock Company* |
| *REIT: Real Estate Investment Trust* |
| *ULSD: Ultra-Low Sulfur Diesel* |
| *WTI: West Texas Intermediate* |

---

*At June 30, 2025, open futures contracts purchased were as follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Futures** | **Currency** | &nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp;&nbsp; **Notional** <br>**Amount ($)**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**Value ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**Appreciation/** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation) ($)**<br>|
| Brent Crude Oil  | USD | 7/31/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 448<br>| &nbsp;&nbsp;&nbsp;&nbsp; 27162717 | &nbsp;&nbsp;&nbsp;&nbsp; 29899520<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2736803 |
| Coffee  | USD | 9/18/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 46<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5927277 | &nbsp;&nbsp;&nbsp;&nbsp; 5176725<br>| &nbsp;&nbsp;&nbsp;&nbsp; (750552)<br>|
| Copper  | USD | 9/26/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 229<br>| &nbsp;&nbsp;&nbsp;&nbsp; 28117530 | &nbsp;&nbsp;&nbsp;&nbsp; 29097312<br>| &nbsp;&nbsp;&nbsp;&nbsp; 979782 |
| Corn  | USD | 12/12/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 537<br>| &nbsp;&nbsp;&nbsp;&nbsp; 11752569 | &nbsp;&nbsp;&nbsp;&nbsp; 11424675<br>| &nbsp;&nbsp;&nbsp;&nbsp; (327894)<br>|
| Corn  | USD | 9/12/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 406<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8567440 | &nbsp;&nbsp;&nbsp;&nbsp; 8307775<br>| &nbsp;&nbsp;&nbsp;&nbsp; (259665)<br>|
| Gold 100 oz.  | USD | 8/27/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 126<br>| &nbsp;&nbsp;&nbsp;&nbsp; 43085644 | &nbsp;&nbsp;&nbsp;&nbsp; 41677020<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1408624)<br>|
| Gold 100 oz.  | USD | 12/29/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 239<br>| &nbsp;&nbsp;&nbsp;&nbsp; 80558704 | &nbsp;&nbsp;&nbsp;&nbsp; 80373310<br>| &nbsp;&nbsp;&nbsp;&nbsp; (185394)<br>|
| Kansas City HRW <br> Wheat <br>| USD | 9/12/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 311<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8469092 | &nbsp;&nbsp;&nbsp;&nbsp; 8190963<br>| &nbsp;&nbsp;&nbsp;&nbsp; (278129)<br>|
| Lean Hogs  | USD | 10/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 136<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5183864 | &nbsp;&nbsp;&nbsp;&nbsp; 5026560<br>| &nbsp;&nbsp;&nbsp;&nbsp; (157304)<br>|
| Lean Hogs  | USD | 8/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 352<br>| &nbsp;&nbsp;&nbsp;&nbsp; 15104630 | &nbsp;&nbsp;&nbsp;&nbsp; 15136000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 31370 |
| Live Cattle  | USD | 8/29/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 98<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8202271 | &nbsp;&nbsp;&nbsp;&nbsp; 8383900<br>| &nbsp;&nbsp;&nbsp;&nbsp; 181629 |
| Live Cattle  | USD | 10/31/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 125<br>| &nbsp;&nbsp;&nbsp;&nbsp; 10372517 | &nbsp;&nbsp;&nbsp;&nbsp; 10508750<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136233 |
| LME Copper  | USD | 12/15/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 109<br>| &nbsp;&nbsp;&nbsp;&nbsp; 26006538 | &nbsp;&nbsp;&nbsp;&nbsp; 26830350<br>| &nbsp;&nbsp;&nbsp;&nbsp; 823812 |
| LME Nickel  | USD | 7/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 186<br>| &nbsp;&nbsp;&nbsp;&nbsp; 16380989 | &nbsp;&nbsp;&nbsp;&nbsp; 16806737<br>| &nbsp;&nbsp;&nbsp;&nbsp; 425748 |
| LME Nickel  | USD | 9/15/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 223<br>| &nbsp;&nbsp;&nbsp;&nbsp; 20604685 | &nbsp;&nbsp;&nbsp;&nbsp; 20332021<br>| &nbsp;&nbsp;&nbsp;&nbsp; (272664)<br>|
| LME Primary <br> Aluminium <br>| USD | 7/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 734<br>| &nbsp;&nbsp;&nbsp;&nbsp; 43522957 | &nbsp;&nbsp;&nbsp;&nbsp; 47669630<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4146673 |
| LME Primary <br> Aluminium <br>| USD | 9/15/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 338<br>| &nbsp;&nbsp;&nbsp;&nbsp; 20789641 | &nbsp;&nbsp;&nbsp;&nbsp; 21970507<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1180866 |
| LME Zinc  | USD | 7/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 61<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3918200 | &nbsp;&nbsp;&nbsp;&nbsp; 4192576<br>| &nbsp;&nbsp;&nbsp;&nbsp; 274376 |
| Natural Gas  | USD | 8/27/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 956<br>| &nbsp;&nbsp;&nbsp;&nbsp; 36127257 | &nbsp;&nbsp;&nbsp;&nbsp; 33364400<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2762857)<br>|
| NY Harbor ULSD  | USD | 8/29/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 80<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7041710 | &nbsp;&nbsp;&nbsp;&nbsp; 7566048<br>| &nbsp;&nbsp;&nbsp;&nbsp; 524338 |
| Silver  | USD | 9/26/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 229<br>| &nbsp;&nbsp;&nbsp;&nbsp; 41974304 | &nbsp;&nbsp;&nbsp;&nbsp; 41416940<br>| &nbsp;&nbsp;&nbsp;&nbsp; (557364)<br>|
| Soybean  | USD | 11/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 442<br>| &nbsp;&nbsp;&nbsp;&nbsp; 22607924 | &nbsp;&nbsp;&nbsp;&nbsp; 22696700<br>| &nbsp;&nbsp;&nbsp;&nbsp; 88776 |
| Soybean Oil  | USD | 12/12/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 558<br>| &nbsp;&nbsp;&nbsp;&nbsp; 15821988 | &nbsp;&nbsp;&nbsp;&nbsp; 17660700<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1838712 |
| Sugar No. 11  | USD | 9/30/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 685<br>| &nbsp;&nbsp;&nbsp;&nbsp; 12837252 | &nbsp;&nbsp;&nbsp;&nbsp; 12428640<br>| &nbsp;&nbsp;&nbsp;&nbsp; (408612)<br>|
| Wheat  | USD | 9/12/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 154<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4237387 | &nbsp;&nbsp;&nbsp;&nbsp; 4144525<br>| &nbsp;&nbsp;&nbsp;&nbsp; (92862)<br>|
| WTI Crude  | USD | 8/20/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 501<br>| &nbsp;&nbsp;&nbsp;&nbsp; 30181039 | &nbsp;&nbsp;&nbsp;&nbsp; 31988850<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1807811 |
| **Total** | **Total** | **Total** | **Total** |  | &nbsp;&nbsp;&nbsp; **562271134** | &nbsp;&nbsp;&nbsp; **7715008** |

---

------

*At June 30, 2025, open futures contracts sold were as follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Futures** | **Currency** | &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp;&nbsp; **Notional** <br>**Amount ($)**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**Value ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**Appreciation/** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation) ($)**<br>|
| LME Nickel  | USD | 7/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 186<br>| &nbsp;&nbsp;&nbsp;&nbsp; 17155013 | &nbsp;&nbsp;&nbsp;&nbsp; 16806737<br>| &nbsp;&nbsp;&nbsp;&nbsp; 348276 |
| LME Primary <br> Aluminium <br>| USD | 7/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 734<br>| &nbsp;&nbsp;&nbsp;&nbsp; 44601628 | &nbsp;&nbsp;&nbsp;&nbsp; 47669630<br>| &nbsp;&nbsp;&nbsp;&nbsp; (3068002)<br>|
| LME Zinc  | USD | 7/14/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 61<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3944517 | &nbsp;&nbsp;&nbsp;&nbsp; 4192576<br>| &nbsp;&nbsp;&nbsp;&nbsp; (248059)<br>|
| **Total** | **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp;&nbsp;&nbsp; **68668943** | &nbsp;&nbsp;&nbsp;&nbsp; **(2967785)**<br>|

---

***Currency Abbreviation(s)***

------

*USD* *United States Dollar*

***Investment in Subsidiary***

*The Fund may seek exposure to the commodities markets by investing a portion of its assets in a wholly owned subsidiary organized under the laws of the Cayman Islands (the "Subsidiary"). Among other investments, the Subsidiary may invest in commodity-linked derivative instruments such as futures contracts. The Subsidiary may also invest in debt securities, some of which are intended to serve as margin or collateral for the Subsidiary's derivative positions. As of June 30, 2025, the Fund held $493,841,374 in the Subsidiary, representing 11.2% of the Fund's total assets. The Fund's Investment Portfolio has been consolidated and includes the accounts of the Fund and the Subsidiary*

***Fair Value Measurements***

*Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.*

*The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's investments.* 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services  | $— | &nbsp;&nbsp; $72580216 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $72580216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples  | 41942008 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 41942008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy  | 480056375 | &nbsp;&nbsp; 71277533 | &nbsp;&nbsp; 0 | &nbsp;&nbsp; 551333908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care  | 9023675 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9023675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials  | 164083866 | &nbsp;&nbsp; 175285847 | &nbsp;&nbsp; — | &nbsp;&nbsp; 339369713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials  | 230019513 | &nbsp;&nbsp; 114281297 | &nbsp;&nbsp; — | &nbsp;&nbsp; 344300810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate  | 872932525 | &nbsp;&nbsp; 479407797 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1352340322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utilities  | 294424267 | &nbsp;&nbsp; 227253817 | &nbsp;&nbsp; — | &nbsp;&nbsp; 521678084 |
| Government & Agency Obligations  |  | &nbsp;&nbsp; 857115332 | &nbsp;&nbsp; — | &nbsp;&nbsp; 857115332 |
| Short-Term Investments (a) | 237368389 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 237368389 |
| Derivatives (b) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts  | 15525205 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 15525205 |
| **Total** | **$2345375823** | &nbsp;&nbsp; **$1997201839** | &nbsp;&nbsp; **$0** | &nbsp;&nbsp; **$4342577662** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liabilities** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Derivatives (b) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts  | $(10777982)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(10777982)<br>|
| **Total** | **$(10777982)**<br>| &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$(10777982)**<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;*(a)* *See Consolidated Investment Portfolio for additional detailed categorizations.* 

&nbsp;&nbsp;&nbsp;&nbsp;*(b)* *Derivatives include unrealized appreciation (depreciation) on open futures contracts.* 

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.

DRAF-PH1

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DEUTSCHE DWS MARKET TRUST

- **b. Investment Company Act file number:** 811-01236

- **c. CIK number of Registrant:** 0000095603

- **d. LEI of Registrant:** IFRD7YR9ULMP0L9V6675

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** DWS RREEF Real Assets Fund

- **b. EDGAR series identifier (if any):** S000032019

- **c. LEI of Series:** K8SC25KVNS6F8IU2YJ58

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $4353499140.57

**Total Liabilities:** $169752763.68

**Net Assets:** $4183746376.89

**Amount of Assets Invested in Other Investment Companies:** $490782984.02

**Cash Not Reported:** $33240668.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000099688 | 0.41%                | 0.98%                | 1.40%                |
| Class ID C000151995 | 0.41%                | 0.99%                | 1.44%                |
| Class ID C000099690 | 0.33%                | 0.99%                | 1.40%                |
| Class ID C000099691 | 0.41%                | 0.99%                | 1.43%                |
| Class ID C000099689 | 0.25%                | 0.98%                | 1.28%                |
| Class ID C000101767 | 0.32%                | 0.97%                | 1.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2356873.57             | $30030820.49                               |
| Month 2  | $3420723.87              | $25011862.67                               |
| Month 3  | $-5079358.72             | $37662628.27                               |

**Designated Index Information**

- **Index Name:** 10% Bloomberg U.S. TIPS Index, 15% Bloomberg Commodity Index Total Return, 30% FTSE EPRA Nareit Developed Index (Gross) in USD, 15% S&P Global Natural Resources Index, 30% Dow Jones Brookfield Global Infrastructure Net Total Return Index in EUR

- **Index Identifier:** DJBRK_USD

### Schedule of Portfolio Investments

| Name                                                   | Title                                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Independence Realty Trust Inc                          | Independence Realty Trust Inc                                                         | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               |  | US        |    746644 | NS      | $13208132.36  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                                     | Equity Residential                                                                    | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               |  | US        |    287900 | NS      | $19430371.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                                  | LME NICKEL FUTURE JUL25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       186 | NC      | $425748.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wihlborgs Fastigheter AB                               | Wihlborgs Fastigheter AB                                                              | CUSIP: 000000000<br>LEI: 549300RC1YDJPITF8X06 | Long             | EC               | CORP              | SE        |    928522 | NS      | $10031404.10  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Commodities Exchange Center                            | SILVER FUTURE SEP25                                                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       229 | NC      | $-557364.44   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  65369560 | PA      | $60152198.15  | 1.44%             | 2031-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                          | Welltower Inc                                                                         | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |    209364 | NS      | $32185527.72  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                 | SOYBEAN FUTURE NOV25                                                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       450 | NC      | $85825.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chartwell Retirement Residences                        | Chartwell Retirement Residences                                                       | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |    661000 | NS      | $9023675.42   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Gazprom PJSC                                           | Gazprom PJSC                                                                          | CUSIP: 368287207<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |   1013306 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  63325241 | PA      | $60809420.37  | 1.45%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Catena AB                                              | Catena AB                                                                             | CUSIP: 000000000<br>LEI: 549300EMLM7AH5LDLY65 | Long             | EC               | CORP              | SE        |    188000 | NS      | $9598376.10   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Stora Enso Oyj                                         | Stora Enso Oyj                                                                        | CUSIP: 000000000<br>LEI: 7437000ZP669LKUTZ738 | Long             | EC               | CORP              | FI        |   1164889 | NS      | $12653624.80  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Essential Properties Realty Trust Inc                  | Essential Properties Realty Trust Inc                                                 | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |    766815 | NS      | $24469066.65  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Terna - Rete Elettrica Nazionale                       | Terna - Rete Elettrica Nazionale                                                      | CUSIP: 000000000<br>LEI: 8156009E94ED54DE7C31 | Long             | EC               | CORP              | IT        |   1676999 | NS      | $17226999.95  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Ventas Inc                                             | Ventas Inc                                                                            | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |    428000 | NS      | $27028200.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ARC Resources Ltd                                      | ARC Resources Ltd                                                                     | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |    718400 | NS      | $15146145.77  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                                   | CUSIP: 91282CAJ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 170000000 | PA      | $168808007.60 | 4.03%             | 2025-08-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Anglogold Ashanti Plc                                  | Anglogold Ashanti Plc                                                                 | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |    217000 | NS      | $9888690.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center                            | GOLD 100 OZ FUTR DEC25                                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       120 | NC      | $-277574.40   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Keyera Corp                                            | Keyera Corp                                                                           | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |    906284 | NS      | $29642657.87  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                              | Shell PLC                                                                             | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1471258 | NS      | $51426521.43  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| KDX Realty Investment Corp                             | KDX Realty Investment Corp                                                            | CUSIP: 000000000<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               |  | JP        |     13950 | NS      | $15113209.43  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | SOYBEAN OIL FUTR DEC25                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       573 | NC      | $1890562.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                 | COFFEE 'C' FUTURE SEP25                                                               | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |        67 | NC      | $-1097545.43  | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                                   | Williams Cos Inc/The                                                                  | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |   1452023 | NS      | $91201564.63  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co Ltd                              | West Fraser Timber Co Ltd                                                             | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |    100700 | NS      | $7384543.42   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC                                       | Severn Trent PLC                                                                      | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |    888103 | NS      | $33337842.41  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Co PLC/The                                | British Land Co PLC/The                                                               | CUSIP: 000000000<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               |  | GB        |   3100101 | NS      | $15984006.68  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Mercantile Exchange                           | WTI CRUDE FUTURE SEP25                                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       501 | NC      | $1807811.42   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                                  | LME NICKEL FUTURE SEP25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       223 | NC      | $-272663.92   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd                            | Northern Star Resources Ltd                                                           | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    809000 | NS      | $9983111.43   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Mosaic Co/The                                          | Mosaic Co/The                                                                         | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    480398 | NS      | $17524919.04  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapletree Logistics Trust                              | Mapletree Logistics Trust                                                             | CUSIP: 000000000<br>LEI: 549300M9EBZIYH387075 | Long             | EC               |  | SG        |  17351700 | NS      | $16150754.93  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                      | Atmos Energy Corp                                                                     | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |    249556 | NS      | $38459075.16  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexus                                                  | Dexus                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |   2117800 | NS      | $9293461.03   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CTP NV                                                 | CTP NV                                                                                | CUSIP: 000000000<br>LEI: 3157000YTVO4TN65UM14 | Long             | EC               | CORP              | NL        |    948020 | NS      | $19943316.40  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| CubeSmart                                              | CubeSmart                                                                             | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               |  | US        |    368027 | NS      | $15641147.50  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                                   | Capstone Copper Corp                                                                  | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |   1290584 | NS      | $7923100.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                                    | Sun Communities Inc                                                                   | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |    156316 | NS      | $19772410.84  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                                            | Exelon Corp                                                                           | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |   1317474 | NS      | $57204721.08  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                            | Corteva Inc                                                                           | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    498816 | NS      | $37176756.48  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                                     | Coterra Energy Inc                                                                    | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    356885 | NS      | $9057741.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Inc                                     | Venture Global Inc                                                                    | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |    746791 | NS      | $11635003.78  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | Cia de Saneamento Basico do Estado de Sao Paulo SABESP                                | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |    698570 | NS      | $15347582.90  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                           | Prologis Inc                                                                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |    252350 | NS      | $26527032.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong & China Gas Co Ltd                           | Hong Kong & China Gas Co Ltd                                                          | CUSIP: 000000000<br>LEI: 254900P7BETXGC7YU827 | Long             | EC               | CORP              | HK        |  13884000 | NS      | $11682192.28  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Enbridge Inc                                           | Enbridge Inc                                                                          | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |   1486936 | NS      | $67426692.12  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                                  | American Homes 4 Rent                                                                 | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               |  | US        |    482557 | NS      | $17405830.99  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Gas Co Ltd                                       | Tokyo Gas Co Ltd                                                                      | CUSIP: 000000000<br>LEI: 353800678EIJLOQSWZ83 | Long             | EC               | CORP              | JP        |    542530 | NS      | $18048474.81  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd                   | Sumitomo Realty & Development Co Ltd                                                  | CUSIP: 000000000<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |    456300 | NS      | $17604098.12  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                       | TotalEnergies SE                                                                      | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    324100 | NS      | $19851011.99  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Unibail-Rodamco-Westfield                              | Unibail-Rodamco-Westfield                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | XX        |     99208 | NS      | $9513465.25   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                       | DT Midstream Inc                                                                      | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    433340 | NS      | $47628399.40  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodman Group                                          | Goodman Group                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    973231 | NS      | $21970443.38  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                            | LEAN HOGS FUTURE AUG25                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       352 | NC      | $31370.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Big Yellow Group PLC                                   | Big Yellow Group PLC                                                                  | CUSIP: 000000000<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               |  | GB        |    348816 | NS      | $4843234.31   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| London Metal Exchange                                  | LME NICKEL FUTURE JUL25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -186 | NC      | $348275.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                                | Darling Ingredients Inc                                                               | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    342079 | NS      | $12978477.26  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                                   | CUSIP: 91282CAZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9000000 | PA      | $8855419.95   | 0.21%             | 2025-11-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                  | Norfolk Southern Corp                                                                 | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |    165611 | NS      | $42391447.67  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ENN Energy Holdings Ltd                                | ENN Energy Holdings Ltd                                                               | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | KY        |   2255900 | NS      | $18167806.93  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Targa Resources Corp                                   | Targa Resources Corp                                                                  | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     48515 | NS      | $8445491.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                                          | Ingredion Inc                                                                         | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |    148800 | NS      | $20180256.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                                    | American Tower Corp                                                                   | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |    648126 | NS      | $143248808.52 | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp                                  | Pembina Pipeline Corp                                                                 | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |   1079989 | NS      | $40550642.61  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                                        | Gold Fields Ltd                                                                       | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |    695200 | NS      | $16455384.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                           | Newmont Corp                                                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    403700 | NS      | $23519562.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp                             | Pinnacle West Capital Corp                                                            | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |    233480 | NS      | $20889455.60  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Investment Ltd/Singapore                    | CapitaLand Investment Ltd/Singapore                                                   | CUSIP: 000000000<br>LEI: 254900AT4UQDU7SNXX49 | Long             | EC               | CORP              | SG        |   7316100 | NS      | $15279871.92  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Mercantile Exchange                           | NATURAL GAS FUTR SEP25                                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       956 | NC      | $-2762857.08  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                                   | CUSIP: 91282CHN4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 110000000 | PA      | $110029467.90 | 2.63%             | 2025-07-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Choice Properties Real Estate Investment Trust         | Choice Properties Real Estate Investment Trust                                        | CUSIP: 17039A106<br>LEI: 5493007MYGFSLOZGT937 | Long             | EC               |  | CA        |   1066000 | NS      | $11640477.33  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Stockland                                              | Stockland                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |   3501000 | NS      | $12356116.83  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Commodities Exchange Center                            | GOLD 100 OZ FUTR AUG25                                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       243 | NC      | $-1587216.15  | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                 | CORN FUTURE SEP25                                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       297 | NC      | $-242916.84   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                       | Crown Castle Inc                                                                      | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |    286634 | NS      | $29445910.82  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                                  | LME ZINC FUTURE JUL25                                                                 | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |        61 | NC      | $274375.56    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                             | Brixmor Property Group Inc                                                            | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |    650300 | NS      | $16933812.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                           | NY HARB ULSD FUT SEP25                                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |        80 | NC      | $524338.22    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                                   | CUSIP: 91282CAM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 127500000 | PA      | $126226660.05 | 3.02%             | 2025-09-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ICE Futures Europe                                     | BRENT CRUDE FUTR SEP25                                                                | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       448 | NC      | $2736802.63   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd                            | Sun Hung Kai Properties Ltd                                                           | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |   1958000 | NS      | $22537389.52  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Ascendas REIT                               | CapitaLand Ascendas REIT                                                              | CUSIP: 000000000<br>LEI: 549300ILIBAEMQZK3L20 | Long             | EC               |  | SG        |  12299100 | NS      | $25979848.88  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Storage                                         | Public Storage                                                                        | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |    194405 | NS      | $57042315.10  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc                           | American Healthcare REIT Inc                                                          | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               |  | US        |    445548 | NS      | $16369433.52  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                 | SUGAR 11 (WORLD) OCT25                                                                | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |       447 | NC      | $-374607.47   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                                       | Exxon Mobil Corp                                                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    369870 | NS      | $39871986.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                                     | Cellnex Telecom SA                                                                    | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |   1214896 | NS      | $47220350.22  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Commodities Exchange Center                            | COPPER FUTURE SEP25                                                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       229 | NC      | $979782.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                                    | DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares | CUSIP: 147539670<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 162964306 | NS      | $162964306.00 | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                                     | Steel Dynamics Inc                                                                    | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |    126900 | NS      | $16244469.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                 | WHEAT FUTURE(CBT) SEP25                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       154 | NC      | $-92861.62    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc                                | Consolidated Edison Inc                                                               | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     51700 | NS      | $5188095.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                         | EPR Properties                                                                        | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |    209300 | NS      | $12193818.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                 | CORN FUTURE DEC25                                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       478 | NC      | $-320811.57   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  42249822 | PA      | $41672265.14  | 1.00%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Link REIT                                              | Link REIT                                                                             | CUSIP: 000000000<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               |  | HK        |   5926741 | NS      | $31700231.56  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| London Metal Exchange                                  | LME COPPER FUTURE DEC25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       109 | NC      | $823811.89    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                                            | Nutrien Ltd                                                                           | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    565066 | NS      | $32926739.20  | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Mori Trust Reit Inc                                    | Mori Trust Reit Inc                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |     31790 | NS      | $15224548.12  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Aena SME SA                                            | Aena SME SA                                                                           | CUSIP: 000000000<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |    696790 | NS      | $18602467.25  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| First Industrial Realty Trust Inc                      | First Industrial Realty Trust Inc                                                     | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               |  | US        |    352658 | NS      | $16973429.54  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  61161173 | PA      | $60333026.48  | 1.44%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Hudson Pacific Properties Inc                          | Hudson Pacific Properties Inc                                                         | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               |  | US        |   3101120 | NS      | $8497068.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Antofagasta PLC                                        | Antofagasta PLC                                                                       | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | EC               | CORP              | GB        |    876000 | NS      | $21796095.85  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Essex Property Trust Inc                               | Essex Property Trust Inc                                                              | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               |  | US        |    102470 | NS      | $29039998.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                        | Bunge Global SA                                                                       | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |     12160 | NS      | $976204.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GPT Group/The                                          | GPT Group/The                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |   3551898 | NS      | $11326216.12  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Prologis REIT Inc                               | Nippon Prologis REIT Inc                                                              | CUSIP: 000000000<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               |  | JP        |      8344 | NS      | $4611452.00   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | KC HRW WHEAT FUT SEP25                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       349 | NC      | $-316230.97   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PSP Swiss Property AG                                  | PSP Swiss Property AG                                                                 | CUSIP: 000000000<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |    116200 | NS      | $21429884.01  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                          | Rio Tinto PLC                                                                         | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    365880 | NS      | $21329239.37  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                      | Iron Mountain Inc                                                                     | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |    307682 | NS      | $31558942.74  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                                              | PG&E Corp                                                                             | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |   3924649 | NS      | $54709607.06  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial & Infrastructure Fund Investment Corp       | Industrial & Infrastructure Fund Investment Corp                                      | CUSIP: 000000000<br>LEI: 353800WCHFY04YKYCI19 | Long             | EC               |  | JP        |     14775 | NS      | $12462894.31  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                            | LEAN HOGS FUTURE OCT25                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       136 | NC      | $-157304.13   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                | SBA Communications Corp                                                               | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |    134424 | NS      | $31568132.16  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                                    | DWS Central Cash Management Government Fund                                           | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |  74248638 | NS      | $74248638.21  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| First Capital Real Estate Investment Trust             | First Capital Real Estate Investment Trust                                            | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               |  | CA        |    641000 | NS      | $8543528.55   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsui Fudosan Logistics Park Inc                      | Mitsui Fudosan Logistics Park Inc                                                     | CUSIP: 000000000<br>LEI: 353800DN63EIYS760S59 | Long             | EC               |  | JP        |     26456 | NS      | $19193774.81  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| GFL Environmental Inc                                  | GFL Environmental Inc                                                                 | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |   1152059 | NS      | $58132897.14  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc                                 | CenterPoint Energy Inc                                                                | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   1099757 | NS      | $40405072.18  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Estate Co Ltd                               | Mitsubishi Estate Co Ltd                                                              | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |   1634100 | NS      | $30665391.11  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                         | Canadian Natural Resources Ltd                                                        | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    636700 | NS      | $20011573.34  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                                | Vale SA                                                                               | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |   1309655 | NS      | $12716750.05  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Bonds                                                 | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28976876 | PA      | $20985789.50  | 0.50%             | 2047-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                           | NiSource Inc                                                                          | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |   1542406 | NS      | $62220658.04  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastighets AB Balder                                   | Fastighets AB Balder                                                                  | CUSIP: 000000000<br>LEI: 549300GHKJCEZOAEUU82 | Long             | EC               | CORP              | SE        |   2898218 | NS      | $21551046.00  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| London Metal Exchange                                  | LME PRI ALUM FUTR JUL25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       734 | NC      | $4146673.54   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                                  | Waste Connections Inc                                                                 | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |    190338 | NS      | $35539911.36  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondi PLC                                              | Mondi PLC                                                                             | CUSIP: 000000000<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |    961984 | NS      | $15713944.56  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                            | LIVE CATTLE FUTR AUG25                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       149 | NC      | $357417.22    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eiffage SA                                             | Eiffage SA                                                                            | CUSIP: 000000000<br>LEI: 969500OQXKE5WDM9M994 | Long             | EC               | CORP              | FR        |    165109 | NS      | $23209847.22  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Ivanhoe Mines Ltd                                      | Ivanhoe Mines Ltd                                                                     | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |   1640285 | NS      | $12322464.15  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Redeia Corp SA                                         | Redeia Corp SA                                                                        | CUSIP: 000000000<br>LEI: 5493009HMD0C90GUV498 | Long             | EC               | CORP              | ES        |   1650194 | NS      | $35297123.89  | 0.84%             |  |  |  | No            |                  2 | On Loan: —       |
| London Metal Exchange                                  | LME PRI ALUM FUTR SEP25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       338 | NC      | $1180865.98   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The                                    | UNITE Group PLC/The                                                                   | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               |  | GB        |    993226 | NS      | $11557036.70  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| VICI Properties Inc                                    | VICI Properties Inc                                                                   | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |    500410 | NS      | $16313366.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                                            | LUKOIL PJSC                                                                           | CUSIP: 000000000<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |     91202 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Bonds                                                 | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24983743 | PA      | $20970538.27  | 0.50%             | 2044-02-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Vinci SA                                               | Vinci SA                                                                              | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |    539183 | NS      | $79545700.41  | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group Inc                               | Simon Property Group Inc                                                              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |    277458 | NS      | $44604148.08  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  43747317 | PA      | $42482260.31  | 1.02%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| TC Energy Corp                                         | TC Energy Corp                                                                        | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    487500 | NS      | $23799522.67  | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| Smartstop Self Storage REIT Inc                        | Smartstop Self Storage REIT Inc                                                       | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               |  | US        |    490721 | NS      | $17778821.83  | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Grupo Aeroportuario del Pacifico SAB de CV             | Grupo Aeroportuario del Pacifico SAB de CV                                            | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |    122026 | NS      | $28019610.12  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                           | Klepierre SA                                                                          | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               |  | FR        |    257310 | NS      | $10141512.12  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  53052157 | PA      | $52227018.93  | 1.25%             | 2029-01-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                     | Petroleo Brasileiro SA - Petrobras                                                    | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    728956 | NS      | $9119239.56   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                                  | LME ZINC FUTURE JUL25                                                                 | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -61 | NC      | $-248058.94   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                            | LIVE CATTLE FUTR OCT25                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |        76 | NC      | $115783.63    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Activia Properties Inc                                 | Activia Properties Inc                                                                | CUSIP: 000000000<br>LEI: 353800RPGYN3ML8CXV54 | Long             | EC               |  | JP        |     11663 | NS      | $9922238.86   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| China Tower Corp Ltd                                   | China Tower Corp Ltd                                                                  | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |  17712800 | NS      | $25359866.11  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Transurban Group                                       | Transurban Group                                                                      | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |   4694400 | NS      | $43174446.94  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore PLC                                           | Glencore PLC                                                                          | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   4319791 | NS      | $16846448.45  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                 | Diamondback Energy Inc                                                                | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |    140380 | NS      | $19288212.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Frasers Centrepoint Trust                              | Frasers Centrepoint Trust                                                             | CUSIP: 000000000<br>LEI: 5493002RGQ266FKERZ83 | Long             | EC               |  | SG        |   6051600 | NS      | $10861496.40  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Agree Realty Corp                                      | Agree Realty Corp                                                                     | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               |  | US        |    305328 | NS      | $22307263.68  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| UPM-Kymmene Oyj                                        | UPM-Kymmene Oyj                                                                       | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    584700 | NS      | $15958830.72  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| EastGroup Properties Inc                               | EastGroup Properties Inc                                                              | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |    129720 | NS      | $21678806.40  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                                   | Smurfit WestRock PLC                                                                  | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |    518216 | NS      | $22361020.40  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Inflation-Indexed Notes                                                 | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  54251173 | PA      | $50601417.90  | 1.21%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Kunlun Energy Co Ltd                                   | Kunlun Energy Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 5299007GRIKP15GM4927 | Long             | EC               | CORP              | BM        |   7153000 | NS      | $6953818.21   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Vonovia SE                                             | Vonovia SE                                                                            | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |    863612 | NS      | $30513534.48  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Mid-America Apartment Communities Inc                  | Mid-America Apartment Communities Inc                                                 | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |    256470 | NS      | $37960124.70  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp                                             | Alcoa Corp                                                                            | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |     92707 | NS      | $2735783.57   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                               | Digital Realty Trust Inc                                                              | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |    212971 | NS      | $37127234.43  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corp                             | Invincible Investment Corp                                                            | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               |  | JP        |      9620 | NS      | $4135488.53   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro PLC                                              | Segro PLC                                                                             | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               |  | GB        |    875722 | NS      | $8170511.57   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid PLC                                      | National Grid PLC                                                                     | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |   5035091 | NS      | $73685426.40  | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Fraport AG Frankfurt Airport Services Worldwide        | Fraport AG Frankfurt Airport Services Worldwide                                       | CUSIP: 000000000<br>LEI: 5299001ERX0K10IZUL40 | Long             | EC               | CORP              | DE        |    151446 | NS      | $11408429.93  | 0.27%             |  |  |  | No            |                  2 | On Loan: —       |
| Equinix Inc                                            | Equinix Inc                                                                           | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |     85488 | NS      | $68003139.36  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                                     | Expand Energy Corp                                                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     84600 | NS      | $9893124.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Region Group                                           | Region Group                                                                          | CUSIP: 000000000<br>LEI: 549300MS6NZV0B7K7D28 | Long             | EC               |  | AU        |    768696 | NS      | $1113231.84   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| London Metal Exchange                                  | LME PRI ALUM FUTR JUL25                                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -734 | NC      | $-3068001.62  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                              | ONEOK Inc                                                                             | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    457410 | NS      | $37338378.30  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                             | First Quantum Minerals Ltd                                                            | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    539900 | NS      | $9590733.25   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennon Group PLC                                       | Pennon Group PLC                                                                      | CUSIP: 000000000<br>LEI: 213800V1CCTS41GWH423 | Long             | EC               | CORP              | GB        |   1871600 | NS      | $12854131.79  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** DEUTSCHE DWS MARKET TRUST

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer