# EDGAR Filing Document

**Accession Number:** 0001491978
**File Stem:** 0002071691-26-014806
**Filing Date:** 2026-6
**Character Count:** 58456
**Document Hash:** 2437f13cd336b6537e1aa952d9f1d992
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-014806.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002071691-26-014806

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLEXSHARES TRUST
- **CENTRAL INDEX KEY:** 0001491978

**ORGANIZATION NAME:**
- **EIN:** 272560399
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22555
- **FILM NUMBER:** 261119251

**BUSINESS ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (855) 353-9383

**MAIL ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FlexShares Trust
- **DATE OF NAME CHANGE:** 20110414

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NT ETF Trust
- **DATE OF NAME CHANGE:** 20100513

## Series and Classes Contracts Data

### FlexShares Global Quality Real Estate Index Fund (Series ID: S000043008)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000133169 | FlexShares Global Quality Real Estate Index Fund | GQRE            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FlexShares Trust

- **b. Investment Company Act file number:** 811-22555

- **c. CIK number of Registrant:** 0001491978

- **d. LEI of Registrant:** 5493007FU2RQX77I4604

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 855-353-9383

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

- **a. Name of Series:** FlexShares Global Quality Real Estate Index Fund

- **b. EDGAR series identifier (if any):** S000043008

- **c. LEI of Series:** 549300SU9J4P6OO1QE18

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $408012047.46

**Total Liabilities:** $25028340.34

**Net Assets:** $382983707.12

**Cash Not Reported:** $7107110.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000133169 | 6.00%                | -8.66%               | 8.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9623.05                 | $20727743.08                               |
| Month 2  | $3135825.59              | $-37225706.34                              |
| Month 3  | $272333.57               | $27243638.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Big Yellow Group plc                    | Big Yellow Group plc                    | CUSIP: N/A<br>LEI: 213800W7Q4V2ZI8LIW31       | Long             | EC               | CORP              | GB        |     86632 | NS      | $1061833.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group plc (The)                   | UNITE Group plc (The)                   | CUSIP: N/A<br>LEI: 213800BBUUWVDH9YI827       | Long             | EC               | CORP              | GB        |    174454 | NS      | $1099469.52   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $413.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1746.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-458.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2107.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $401.70       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4087.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $212.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-337.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $599.66       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Forward Foreign Currency Contract       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $79.86        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.        | Omega Healthcare Investors, Inc.        | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    138635 | NS      | $6511685.95   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.             | AvalonBay Communities, Inc.             | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     66402 | NS      | $12151566.00  | 3.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Camden Property Trust                   | Camden Property Trust                   | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     49742 | NS      | $5223904.84   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT, Inc.                          | NNN REIT, Inc.                          | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     87465 | NS      | $3830092.35   | 1.00%             |  |  |  | No            |                  1 | On Loan: —       |
| RioCan REIT                             | RioCan REIT                             | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               | CORP              | CA        |     75089 | NS      | $1172869.11   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Equity Residential                      | Equity Residential                      | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    169337 | NS      | $11071253.06  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.     | First Industrial Realty Trust, Inc.     | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62237 | NS      | $3859316.37   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Properties REIT                  | Allied Properties REIT                  | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               | CORP              | CA        |     79849 | NS      | $577264.10    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| THE BANK OF NOVA SCOTIA, TORONTO        | Other Repurchase Agreement              | CUSIP: N/A<br>LEI: L3I9ZG2KFGXZ61BMYR72       | Long             | RA               | CORP              | CA        |   7000000 | PA      | $7000000.00   | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Highwoods Properties, Inc.              | Highwoods Properties, Inc.              | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     50932 | NS      | $1238156.92   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| EastGroup Properties, Inc.              | EastGroup Properties, Inc.              | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     24990 | NS      | $5027988.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Rayonier, Inc.                          | Rayonier, Inc.                          | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |     71281 | NS      | $1511870.01   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Kilroy Realty Corp.                     | Kilroy Realty Corp.                     | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     52241 | NS      | $1737535.66   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| LTC Properties, Inc.                    | LTC Properties, Inc.                    | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     26656 | NS      | $1018792.32   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.             | Host Hotels & Resorts, Inc.             | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    322728 | NS      | $6819242.64   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc. | Mid-America Apartment Communities, Inc. | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     54621 | NS      | $7055940.78   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL BK OF CANADA FINANCIAL INC     | Other Repurchase Agreement              | CUSIP: N/A<br>LEI: 549300K66TF1ST7A3V76       | Long             | RA               | CORP              | CA        |   3000000 | PA      | $3000000.00   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| CF SECURED LLC                          | Treasury Repurchase Agreement           | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |   4820146 | PA      | $4820146.42   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC            | Treasury Repurchase Agreement           | CUSIP: N/A<br>LEI: MBNUM2BPBDO7JBLYG310       | Long             | RA               | CORP              | US        |   5000000 | PA      | $5000000.00   | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE INSURANCE COMPANY     | Treasury Repurchase Agreement           | CUSIP: N/A<br>LEI: 549300H7EXFMRS487544       | Long             | RA               | CORP              | US        |   5000000 | PA      | $5000000.00   | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| National Health Investors, Inc.         | National Health Investors, Inc.         | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     21777 | NS      | $1674869.07   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                      | Getty Realty Corp.                      | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     31416 | NS      | $1040497.92   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Realty Income Corp.                     | Realty Income Corp.                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     29869 | NS      | $1918784.56   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Regency Centers Corp.                   | Regency Centers Corp.                   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     81634 | NS      | $6355206.90   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                 | COPT Defense Properties                 | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     53550 | NS      | $1673437.50   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| St Joe Co. (The)                        | St Joe Co. (The)                        | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     17612 | NS      | $1137206.84   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.              | Simon Property Group, Inc.              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     65331 | NS      | $13308578.01  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                          | Public Storage                          | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     38556 | NS      | $11661262.20  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                    | Vornado Realty Trust                    | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76160 | NS      | $2276422.40   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Retail Estates NV                       | Retail Estates NV                       | CUSIP: N/A<br>LEI: 5493007CO5W5OBFG7L21       | Long             | EC               | CORP              | BE        |      2014 | NS      | $160415.29    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Allreal Holding AG                      | Allreal Holding AG (Registered)         | CUSIP: N/A<br>LEI: 5067006XH174LA44H658       | Long             | EC               | CORP              | CH        |      7021 | NS      | $1916736.14   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BWP Property Group Ltd.                 | BWP Property Group Ltd.                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    373541 | NS      | $1050059.05   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| City Developments Ltd.                  | City Developments Ltd.                  | CUSIP: N/A<br>LEI: 254900BPLPJS0RJ72373       | Long             | EC               | CORP              | SG        |    238000 | NS      | $1524934.24   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Daito Trust Construction Co. Ltd.       | Daito Trust Construction Co. Ltd.       | CUSIP: N/A<br>LEI: 353800QQ4DRI3KXS3038       | Long             | EC               | CORP              | JP        |    136400 | NS      | $3062156.28   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hang Lung Group Ltd.                    | Hang Lung Group Ltd.                    | CUSIP: N/A<br>LEI: 529900V2T2EPOQYH0981       | Long             | EC               | CORP              | HK        |    476000 | NS      | $982533.27    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Hongkong Land Holdings Ltd.             | Hongkong Land Holdings Ltd.             | CUSIP: N/A<br>LEI: 213800XCHYNRPAYGXW28       | Long             | EC               | CORP              | SG        |    507264 | NS      | $4002312.96   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Isras Investment Co. Ltd.               | Isras Investment Co. Ltd.               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |      2618 | NS      | $756804.77    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Japan Metropolitan Fund Invest          | Japan Metropolitan Fund Invest          | CUSIP: N/A<br>LEI: 353800QDHNIP60E1LQ93       | Long             | EC               | CORP              | JP        |      3381 | NS      | $2498451.23   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichigo, Inc.                            | Ichigo, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    298100 | NS      | $951150.25    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Melisron Ltd.                           | Melisron Ltd.                           | CUSIP: N/A<br>LEI: 213800B9SL62L9VLO604       | Long             | EC               | CORP              | IL        |     11186 | NS      | $1656974.68   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyu REIT, Inc.                        | Tokyu REIT, Inc.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       595 | NS      | $731291.28    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Mori Trust Reit, Inc.                   | Mori Trust REIT, Inc.                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1785 | NS      | $862285.82    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Sino Land Co. Ltd.                      | Sino Land Co. Ltd.                      | CUSIP: N/A<br>LEI: 529900G5P51053HJVZ92       | Long             | EC               | CORP              | HK        |   1716633 | NS      | $2736970.95   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| Stockland                               | Stockland                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    133994 | NS      | $390156.69    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development Co. Ltd.  | Sumitomo Realty & Development Co. Ltd.  | CUSIP: N/A<br>LEI: 353800SO2DCLOI3LNZ64       | Long             | EC               | CORP              | JP        |    285800 | NS      | $8832707.32   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd.            | Sun Hung Kai Properties Ltd.            | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    669000 | NS      | $11597281.00  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co. Ltd.                 | Tokyo Tatemono Co. Ltd.                 | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |     88200 | NS      | $2025664.78   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Land Group Ltd.               | Singapore Land Group Ltd.               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |     23800 | NS      | $69892.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UOL Group Ltd.                          | UOL Group Ltd.                          | CUSIP: N/A<br>LEI: 254900O9PRCWTMR86R25       | Long             | EC               | CORP              | SG        |    218600 | NS      | $1824598.96   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                            | Klepierre SA                            | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |    100674 | NS      | $4069575.61   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Covivio SA                              | Covivio SA                              | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |     23086 | NS      | $1521954.02   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Dollar                       | Australian Dollar                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |    157127 | OU      | $112966.39    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Boardwalk REIT                          | Boardwalk REIT                          | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             | EC               | CORP              | CA        |     18683 | NS      | $931747.88    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PSP Swiss Property AG                   | PSP Swiss Property AG (Registered)      | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |     21420 | NS      | $4275509.24   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Real Estate Investment Corp.   | Frontier Real Estate Investment Corp.   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1669 | NS      | $911690.12    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Sunstone Hotel Investors, Inc.          | Sunstone Hotel Investors, Inc.          | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    110031 | NS      | $1080504.42   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.              | Digital Realty Trust, Inc.              | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     11543 | NS      | $2319450.42   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Fukuoka REIT Corp.                      | Fukuoka REIT Corp.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       699 | NS      | $804694.17    | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Mobimo Holding AG                       | Mobimo Holding AG (Registered)          | CUSIP: N/A<br>LEI: 50670018HN8O1GD3O385       | Long             | EC               | CORP              | CH        |      3332 | NS      | $1589202.74   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Starhill Global REIT                    | Starhill Global REIT                    | CUSIP: N/A<br>LEI: 549300GCJNC7HDN3YK51       | Long             | EC               | CORP              | SG        |    243700 | NS      | $105245.18    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust, Inc.          | Medical Properties Trust, Inc.          | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    237881 | NS      | $1175132.14   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Daiwa House REIT Investment Corp.       | Daiwa House REIT Investment Corp.       | CUSIP: N/A<br>LEI: 3538001FWU534P8JMO05       | Long             | EC               | CORP              | JP        |      2023 | NS      | $1621446.67   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Group                      | Charter Hall Group                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    211701 | NS      | $3066879.04   | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| Japan Excellent, Inc.                   | Japan Excellent, Inc.                   | CUSIP: N/A<br>LEI: 35380015J62221TE0D86       | Long             | EC               | CORP              | JP        |       952 | NS      | $869348.14    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Amot Investments Ltd.                   | Amot Investments Ltd.                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    127806 | NS      | $874508.82    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Real Estate Holdings, Inc.       | Nomura Real Estate Holdings, Inc.       | CUSIP: N/A<br>LEI: 353800UZ91CT24OL9P59       | Long             | EC               | CORP              | JP        |    256000 | NS      | $1661414.76   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Montea NV                               | Montea NV                               | CUSIP: N/A<br>LEI: 5493006K5LQDD0GK1T60       | Long             | EC               | CORP              | BE        |     11662 | NS      | $963079.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Big Shopping Centers Ltd.               | Big Shopping Centers Ltd.               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |      7497 | NS      | $1978274.48   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| InterRent REIT                          | InterRent REIT                          | CUSIP: 46071W205<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     23622 | NS      | $229087.06    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Safestore Holdings plc                  | Safestore Holdings plc                  | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |    103411 | NS      | $939376.46    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Sirius Real Estate Ltd.                 | Sirius Real Estate Ltd.                 | CUSIP: N/A<br>LEI: 213800NURUF5W8QSK566       | Long             | EC               | CORP              | GB        |    764694 | NS      | $1040143.54   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| ARGAN SA                                | ARGAN SA                                | CUSIP: N/A<br>LEI: 529900FXM41XSCUSGH04       | Long             | EC               | CORP              | FR        |      1071 | NS      | $77013.43     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitaland India Trust                  | Capitaland India Trust                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |    904400 | NS      | $745647.99    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VGP NV                                  | VGP NV                                  | CUSIP: N/A<br>LEI: 315700NENYPIXFR94T49       | Long             | EC               | CORP              | BE        |      7973 | NS      | $816493.12    | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Mega Or Holdings Ltd.                   | Mega Or Holdings Ltd.                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     11305 | NS      | $2315262.77   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Piedmont Realty Trust, Inc.             | Piedmont Realty Trust, Inc.             | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110287 | NS      | $921999.32    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Terreno Realty Corp.                    | Terreno Realty Corp.                    | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48552 | NS      | $3165590.40   | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| American Assets Trust, Inc.             | American Assets Trust, Inc.             | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48909 | NS      | $1014372.66   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| RLJ Lodging Trust                       | RLJ Lodging Trust                       | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114121 | NS      | $940357.04    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Prologis, Inc.                          | Prologis, Inc.                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    121499 | NS      | $17255287.98  | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmila SA                              | Carmila SA                              | CUSIP: N/A<br>LEI: 222100P6D3QKU33LZQ72       | Long             | EC               | CORP              | FR        |     44982 | NS      | $895968.97    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust     | Mapletree Pan Asia Commercial Trust     | CUSIP: N/A<br>LEI: 549300BF18K4IC5LZ208       | Long             | EC               | CORP              | SG        |   1124300 | NS      | $1138822.19   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.            | Sabra Health Care REIT, Inc.            | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    116977 | NS      | $2416744.82   | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Shaftesbury Capital plc                 | Shaftesbury Capital plc                 | CUSIP: N/A<br>LEI: 549300TTXXZ1SHUI0D54       | Long             | EC               | CORP              | GB        |    688177 | NS      | $1248397.64   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                   | STAG Industrial, Inc.                   | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     87703 | NS      | $3383581.74   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                    | American Tower Corp.                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    129591 | NS      | $23677571.61  | 6.18%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey, Inc.                          | WP Carey, Inc.                          | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |    102459 | NS      | $7472334.87   | 1.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Zug Estates Holding AG                  | Zug Estates Holding AG, Class B         | CUSIP: N/A<br>LEI: 506700683S928H292L02       | Long             | EC               | CORP              | CH        |        40 | NS      | $121731.35    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand City Properties SA                | Grand City Properties SA                | CUSIP: N/A<br>LEI: 5299002QLUYKK2WBMB18       | Long             | EC               | CORP              | DE        |     67473 | NS      | $757457.87    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GLP J-REIT                              | GLP J-REIT                              | CUSIP: N/A<br>LEI: 353800E27V9KA51K2I90       | Long             | EC               | CORP              | JP        |      2142 | NS      | $1852148.94   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                          | EPR Properties                          | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     35700 | NS      | $1992417.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Hoshino Resorts REIT, Inc.              | Hoshino Resorts REIT, Inc.              | CUSIP: N/A<br>LEI: 353800DF2MUZWFL4IL56       | Long             | EC               | CORP              | JP        |       476 | NS      | $766982.55    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Choice Properties REIT                  | Choice Properties REIT                  | CUSIP: 17039A106<br>LEI: 5493007MYGFSLOZGT937 | Long             | EC               | CORP              | CA        |     90678 | NS      | $1003980.21   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| American Homes 4 Rent                   | American Homes 4 Rent, Class A          | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    155890 | NS      | $4963537.60   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.         | Independence Realty Trust, Inc.         | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    111265 | NS      | $1814732.15   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Innovative Industrial Properties, Inc.  | Innovative Industrial Properties, Inc.  | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |     20944 | NS      | $1136212.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Colonial SFL Socimi SA                  | Colonial SFL Socimi SA                  | CUSIP: N/A<br>LEI: 95980020140005007414       | Long             | EC               | CORP              | ES        |    145180 | NS      | $928153.53    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Centuria Industrial REIT                | Centuria Industrial REIT                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    389963 | NS      | $841091.70    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| JBG SMITH Properties                    | JBG SMITH Properties                    | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57120 | NS      | $856800.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Tokyu Fudosan Holdings Corp.            | Tokyu Fudosan Holdings Corp.            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    269100 | NS      | $2296807.70   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Investis Holding SA                     | Investis Holding SA                     | CUSIP: N/A<br>LEI: 506700GG126O0G9S5W59       | Long             | EC               | CORP              | CH        |       384 | NS      | $78071.73     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Aroundtown SA                           | Aroundtown SA                           | CUSIP: N/A<br>LEI: 529900H4DWG3KWMBMQ39       | Long             | EC               | CORP              | DE        |    359023 | NS      | $1035191.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Katitas Co. Ltd.                        | Katitas Co. Ltd.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     44200 | NS      | $878612.68    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Unibail-Rodamco-Westfield               | Unibail-Rodamco-Westfield               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     56882 | NS      | $6879391.85   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Portland Estates plc              | Great Portland Estates plc              | CUSIP: N/A<br>LEI: 213800JMEDD2Q4N1MC42       | Long             | EC               | CORP              | GB        |    216818 | NS      | $910974.75    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CT REIT                                 | CT REIT                                 | CUSIP: 126462100<br>LEI: 549300QXEHJXT6D53X16 | Long             | EC               | CORP              | CA        |     70448 | NS      | $906802.56    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| CapitaLand Ascott Trust                 | CapitaLand Ascott Trust                 | CUSIP: N/A<br>LEI: 549300W6RTG7Y32IWY65       | Long             | EC               | CORP              | SG        |   1368500 | NS      | $961727.06    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Tritax Big Box REIT plc                 | Tritax Big Box REIT plc                 | CUSIP: N/A<br>LEI: 213800L6X88MIYPVR714       | Long             | EC               | CORP              | GB        |   1140853 | NS      | $2340874.63   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R REIT                                | H&R REIT                                | CUSIP: 403925407<br>LEI: 549300TGNP6B6GUVGW10 | Long             | EC               | CORP              | CA        |    115430 | NS      | $906580.49    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Cousins Properties, Inc.                | Cousins Properties, Inc.                | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     77826 | NS      | $1993123.86   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp.             | InvenTrust Properties Corp.             | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     36890 | NS      | $1184906.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| First Capital REIT                      | First Capital REIT                      | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               | CORP              | CA        |     66283 | NS      | $1139048.84   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Waypoint REIT Ltd.                      | Waypoint REIT Ltd.                      | CUSIP: N/A<br>LEI: 5493003CS5K82RREKA54       | Long             | EC               | CORP              | AU        |    498253 | NS      | $884800.92    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON REIT Investment Corp.            | NIPPON REIT Investment Corp.            | CUSIP: N/A<br>LEI: 3538004O49OJ90PEXX85       | Long             | EC               | CORP              | JP        |      1448 | NS      | $827006.16    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| CTP NV                                  | CTP NV                                  | CUSIP: N/A<br>LEI: 3157000YTVO4TN65UM14       | Long             | EC               | CORP              | NL        |     60452 | NS      | $1140284.56   | 0.30%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Dream Industrial REIT                   | Dream Industrial REIT                   | CUSIP: 26153W109<br>LEI: 549300QOI0TM3CBYUH79 | Long             | EC               | CORP              | CA        |    101031 | NS      | $1015431.69   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| CareTrust REIT, Inc.                    | CareTrust REIT, Inc.                    | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |    104720 | NS      | $4131204.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurocommercial Properties NV            | Eurocommercial Properties NV            | CUSIP: N/A<br>LEI: 724500SFK53FPNM68L95       | Long             | EC               | CORP              | NL        |     30702 | NS      | $1004817.97   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Centerspace                             | Centerspace                             | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |     14756 | NS      | $1007392.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadstone Net Lease, Inc.              | Broadstone Net Lease, Inc.              | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     89012 | NS      | $1762437.60   | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| HomeCo Daily Needs REIT                 | HomeCo Daily Needs REIT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1094086 | NS      | $998973.27    | 0.26%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Intershop Holding AG                    | Intershop Holding AG                    | CUSIP: N/A<br>LEI: 506700CGX4K77JX3R725       | Long             | EC               | CORP              | CH        |       999 | NS      | $216649.06    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Primaris REIT                           | Primaris REIT                           | CUSIP: 74167K109<br>LEI: 549300WUM45OXSEVOT03 | Long             | EC               | CORP              | CA        |     55573 | NS      | $770452.22    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Shurgard Self Storage Ltd.              | Shurgard Self Storage Ltd.              | CUSIP: N/A<br>LEI: 549300J0UEIKU81XO336       | Long             | EC               | CORP              | BE        |     24395 | NS      | $749753.73    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Holdings, Inc.            | Howard Hughes Holdings, Inc.            | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |     15351 | NS      | $955906.77    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties, Inc.               | Millrose Properties, Inc.               | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57358 | NS      | $1759169.86   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite REIT                            | Granite REIT                            | CUSIP: 387437205<br>LEI: 549300A6I7CLE0ZC0396 | Long             | EC               | CORP              | CA        |     16422 | NS      | $1108433.72   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                    | LXP Industrial Trust                    | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     27846 | NS      | $1417918.32   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media, Inc.                    | Outfront Media, Inc.                    | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     70567 | NS      | $2176991.95   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                           | Equinix, Inc.                           | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      7378 | NS      | $7989119.74   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts, Inc.            | Xenia Hotels & Resorts, Inc.            | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     63070 | NS      | $1026148.90   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Apple Hospitality REIT, Inc.            | Apple Hospitality REIT, Inc.            | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    104244 | NS      | $1404166.68   | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Vicinity Ltd.                           | Vicinity Ltd.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1808324 | NS      | $3263237.29   | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Park Hotels & Resorts, Inc.             | Park Hotels & Resorts, Inc.             | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     96033 | NS      | $1101498.51   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| International Workplace Group plc       | International Workplace Group plc       | CUSIP: N/A<br>LEI: 2138003LWDII27UTAG52       | Long             | EC               | CORP              | GB        |    354858 | NS      | $891103.36    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                         | Welltower, Inc.                         | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     72114 | NS      | $15673256.76  | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                   | VICI Properties, Inc., Class A          | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    500871 | NS      | $14625433.20  | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CK Asset Holdings Ltd.                  | CK Asset Holdings Ltd.                  | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | HK        |    898500 | NS      | $5604047.87   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Logistics Park, Inc.     | Mitsui Fudosan Logistics Park, Inc.     | CUSIP: N/A<br>LEI: 353800DN63EIYS760S59       | Long             | EC               | CORP              | JP        |      1547 | NS      | $1105669.89   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartCentres REIT                       | SmartCentres REIT                       | CUSIP: 83179X108<br>LEI: 549300HKEP2IYWZ14H97 | Long             | EC               | CORP              | CA        |     47600 | NS      | $986552.05    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Canadian Dollar                         | Canadian Dollar                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |    164826 | OU      | $121097.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Franc                             | Swiss Franc                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |    157159 | OU      | $200957.45    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                    | EURO                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |    167017 | OU      | $195918.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | S&P Midcap 400 E-Mini Index             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        13 | NC      | $357112.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                           | British Pound                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |     67511 | OU      | $91736.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Dollar                        | Hong Kong Dollar                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HK        |    983610 | OU      | $125560.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Israeli Shekel                          | Israeli Shekel                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IL        |    205503 | OU      | $69611.44     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Japanese Yen                            | Japanese Yen                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |   7063362 | OU      | $45074.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Krone                         | Norwegian Krone                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |    154404 | OU      | $16597.93     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New Zealand Dollar                      | New Zealand Dollar                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NZ        |         4 | OU      | $2.09         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                           | Swedish Krona                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |    160000 | OU      | $17293.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Dollar                        | Singapore Dollar                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SG        |    199025 | OU      | $156275.43    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | TOPIX Mini Index                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |         7 | NC      | $5849.82      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | TOPIX Index                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |         9 | NC      | $76158.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | EURO STOXX 50 Index                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |         6 | NC      | $13851.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | SPI 200 Index                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | AU        |        13 | NC      | $4501.77      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** FlexShares Trust

**Signature:** Randal Rein

**Name of Signer:** Randal Rein

**Title:** Treasurer and PFO