# EDGAR Filing Document

**Accession Number:** 0000881773
**File Stem:** 0001775697-23-000214
**Filing Date:** 2023-3
**Character Count:** 55086
**Document Hash:** f1e8da6f11b61afe43480157ce648454
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001775697-23-000214.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001775697-23-000214

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Investment Funds V, Inc.
- **CENTRAL INDEX KEY:** 0000881773
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06490
- **FILM NUMBER:** 23758590

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER INVESTMENT FUNDS, INC.
- **DATE OF NAME CHANGE:** 20170522

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 20080401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER INTERNATIONAL FUNDS INC
- **DATE OF NAME CHANGE:** 20020517

## Series and Classes Contracts Data

### BNY Mellon Global Real Estate Securities Fund (Series ID: S000019790)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000055458 | Class A      | DRLAX           |
| C000055459 | Class C      | DGBCX           |
| C000055460 | Class I      | DRLIX           |
| C000130451 | Class Y      | DRLYX           |

## Nport-Ex

STATEMENT OF INVESTMENTS<br>BNY Mellon Global Real Estate Securities Fund

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.7%**  |  |  |
| **Australia - 4.5%** |  |  |
| Abacus Property Group | 765650 | 1515453 |
| Dexus | 547100 | 3173790 |
| Goodman Group | 124780 | 1784302 |
| Mirvac Group | 3210820 | 5181744 |
| Scentre Group | 1728840<br> <sup>a</sup>  | 3741643 |
|  |  | **15396932** |
| **Belgium - 2.2%** |  |  |
| Aedifica SA | 30158 | 2651046 |
| Cofinimmo SA | 12530<br> <sup>a</sup>  | 1140049 |
| Warehouses De Pauw, CVA | 115050 | 3652762 |
|  |  | **7443857** |
| **Canada - 2.6%** |  |  |
| Canadian Apartment Properties REIT | 62570 | 2313663 |
| Chartwell Retirement Residences | 297060 | 2190191 |
| First Capital Real Estate Investment Trust | 90918 | 1226544 |
| Granite Real Estate Investment Trust | 19400 | 1187285 |
| H&R Real Estate Investment Trust | 207910 | 2032926 |
|  |  | **8950609** |
| **France - 1.1%** |  |  |
| Klepierre SA | 52550<br> <sup>a</sup>  | 1334370 |
| Mercialys SA | 217760<br> <sup>a</sup>  | 2419655 |
|  |  | **3754025** |
| **Germany - 2.9%** |  |  |
| LEG Immobilien SE | 46020<br> <sup>a</sup>  | 3587317 |
| Vonovia SE | 222554<br> <sup>a</sup>  | 6264450 |
|  |  | **9851767** |
| **Hong Kong - 5.3%** |  |  |
| CK Asset Holdings Ltd. | 218000<br> <sup>a</sup>  | 1392857 |
| Link REIT | 782010 | 6291318 |
| Sun Hung Kai Properties Ltd. | 466000 | 6626878 |
| Swire Properties Ltd. | 667000<br> <sup>a</sup>  | 1878500 |
| Wharf Real Estate Investment Co. | 292000<br> <sup>a</sup>  | 1675542 |
|  |  | **17865095** |
| **Japan - 9.1%** |  |  |
| Activia Properties, Inc. | 613 | 1835449 |
| Advance Residence Investment Corp. | 1009 | 2466983 |
| Japan Hotel REIT Investment Corp. | 1604 | 1014880 |
| Japan Prime Realty Investment Corp. | 587 | 1591082 |
| Japan Real Estate Investment Corp. | 400 | 1715823 |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares |  | Value ($) |
| **Common Stocks - 98.7% (continued)** |  |  |  |
| **Japan - 9.1% (continued)** |  |  |  |
| Kenedix Office Investment Corp. | 686 |  | 1629075 |
| Mitsubishi Estate Co. | 227900 |  | 2939322 |
| Mitsui Fudosan Co. | 295100 |  | 5538314 |
| Mitsui Fudosan Logistics Park, Inc. | 620 |  | 2163911 |
| Nippon Prologis REIT, Inc. | 639 |  | 1451005 |
| Nomura Real Estate Master Fund, Inc. | 2128 |  | 2489143 |
| Orix JREIT, Inc. | 1957 |  | 2692161 |
| SOSiLA Logistics REIT, Inc. | 1045 |  | 1039906 |
| Sumitomo Realty & Development Co. | 97100 |  | 2366682 |
|  |  |  | **30933736** |
| **Norway - .2%** |  |  |  |
| Entra ASA | 73180 | <sup>a,b</sup>  | **863360** |
| **Singapore - 3.2%** |  |  |  |
| CapitaLand Integrated Commercial Trust | 1700900 |  | 2791259 |
| Capitaland Investment Ltd. | 616900 | <sup>a</sup>  | 1872944 |
| Frasers Centrepoint Trust | 516810 |  | 877395 |
| Mapletree Logistics Trust | 2224100 |  | 2880432 |
| Mapletree Pan Asia Commercial Trust | 1644770 |  | 2292260 |
|  |  |  | **10714290** |
| **Spain - 2.1%** |  |  |  |
| Cellnex Telecom SA | 114970 | <sup>b</sup>  | 4511612 |
| Merlin Properties Socimi SA | 266140 |  | 2603418 |
|  |  |  | **7115030** |
| **Sweden - 1.0%** |  |  |  |
| Castellum AB | 127180 |  | 1747755 |
| Fabege AB | 158420 |  | 1500408 |
|  |  |  | **3248163** |
| **United Kingdom - 5.2%** |  |  |  |
| Empiric Student Property PLC | 1452898 |  | 1564657 |
| Grainger PLC | 586080 |  | 1879267 |
| Land Securities Group PLC | 322217 |  | 2825539 |
| Safestore Holdings PLC | 170876 |  | 2129828 |
| Segro PLC | 239895 | <sup>a</sup>  | 2469775 |
| Supermarket Income Reit PLC | 779503 |  | 927383 |
| The British Land Company PLC | 432320 |  | 2367377 |
| Tritax Big Box REIT PLC | 1720945 | <sup>a</sup>  | 3321136 |
|  |  |  | **17484962** |
| **United States - 59.3%** |  |  |  |
| Acadia Realty Trust | 142009 | <sup>c</sup>  | 2205400 |
| Agree Realty Corp. | 94380 | <sup>c</sup>  | 7043579 |
| Alexandria Real Estate Equities, Inc. | 18100 | <sup>c</sup>  | 2909394 |
| American Homes 4 Rent, Cl. A | 75360 | <sup>c</sup>  | 2584094 |
| Americold Realty Trust, Inc. | 53130 | <sup>c</sup>  | 1668813 |
| AvalonBay Communities, Inc. | 52300 | <sup>c</sup>  | 9280112 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description |  | Shares |  | Value ($) |
| **Common Stocks - 98.7% (continued)** | **Common Stocks - 98.7% (continued)** |  |  |  |
| **United States - 59.3% (continued)** | **United States - 59.3% (continued)** |  |  |  |
| Brixmor Property Group, Inc. |  | 186310 | <sup>c</sup>  | 4383874 |
| Broadstone Net Lease, Inc. |  | 190500 | <sup>c</sup>  | 3449955 |
| Cousins Properties, Inc. |  | 60450 | <sup>c</sup>  | 1657539 |
| CubeSmart |  | 32760 | <sup>c,d</sup>  | 1500080 |
| Digital Realty Trust, Inc. |  | 101420 | <sup>c</sup>  | 11624760 |
| Douglas Emmett, Inc. |  | 162660 | <sup>c</sup>  | 2724555 |
| Equinix, Inc. |  | 14565 | <sup>c</sup>  | 10750864 |
| Equity Residential |  | 145720 | <sup>c</sup>  | 9275078 |
| First Industrial Realty Trust, Inc. |  | 96150 | <sup>c</sup>  | 5129603 |
| Highwoods Properties, Inc. |  | 71634 | <sup>c</sup>  | 2175525 |
| Host Hotels & Resorts, Inc. |  | 104900 | <sup>c</sup>  | 1977365 |
| Invitation Homes, Inc. |  | 247720 | <sup>c</sup>  | 8050900 |
| Kilroy Realty Corp. |  | 76300 | <sup>c</sup>  | 3131352 |
| Life Storage, Inc. |  | 53359 | <sup>c</sup>  | 5764906 |
| Medical Properties Trust, Inc. |  | 338547 | <sup>c,d</sup>  | 4384184 |
| Mid-America Apartment Communities, Inc. |  | 13700 | <sup>c</sup>  | 2284064 |
| Park Hotels & Resorts, Inc. |  | 117890 | <sup>c</sup>  | 1734162 |
| Prologis, Inc. |  | 183680 | <sup>c</sup>  | 23746150 |
| Public Storage |  | 34400 | <sup>c</sup>  | 10469296 |
| Realty Income Corp. |  | 149060 | <sup>c</sup>  | 10110740 |
| Regency Centers Corp. |  | 25140 | <sup>c</sup>  | 1675078 |
| Rexford Industrial Realty, Inc. |  | 50740 | <sup>c</sup>  | 3220468 |
| RPT Realty |  | 251367 | <sup>c</sup>  | 2634326 |
| Sabra Health Care REIT, Inc. |  | 216908 | <sup>c</sup>  | 2928258 |
| Simon Property Group, Inc. |  | 48300 | <sup>c</sup>  | 6204618 |
| Sun Communities, Inc. |  | 49470 | <sup>c</sup>  | 7759864 |
| UDR, Inc. |  | 116910 | <sup>c</sup>  | 4979197 |
| Ventas, Inc. |  | 163120 | <sup>c</sup>  | 8451247 |
| Welltower, Inc. |  | 131730 | <sup>c</sup>  | 9885019 |
| Xenia Hotels & Resorts, Inc. |  | 205540 | <sup>c</sup>  | 3062546 |
|  |  |  |  | **200816965** |
| **Total Common Stocks** (cost $316,450,109) | **Total Common Stocks** (cost $316,450,109) |  |  | **334438791** |
|  | 1-Day<br>Yield (%) |  |  |  |
| **Investment Companies - .2%**  | **Investment Companies - .2%**  |  |  |  |
| **Registered Investment Companies - .2%** | **Registered Investment Companies - .2%** |  |  |  |
| Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares<br>(cost $753,835) | 4.41 | 753835 | <sup>e</sup>  | **753835** |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | |
|:---|:---|:---|:---|
| **Investment of Cash Collateral for Securities Loaned - .1%**  | **Investment of Cash Collateral for Securities Loaned - .1%**  |  |  |
| **Registered Investment Companies - .1%** | **Registered Investment Companies - .1%** |  |  |
| Dreyfus Institutional Preferred Government Plus Money Market Fund, SL Shares<br>(cost $314,622) | 4.41 | 314622<br> <sup>e</sup>  | **314622** |
| **Total Investments** (cost $317,518,566) | **Total Investments** (cost $317,518,566) | **99.0%** | **335507248** |
| **Cash and Receivables (Net)** | **Cash and Receivables (Net)** | **1.0%** | **3311252** |
| **Net Assets** | **Net Assets** | **100.0%** | **338818500** |

---

*CVA—Company Voluntary Arrangement*

*REIT—Real Estate Investment Trust*

*<sup>a</sup> Non-income producing security.*

*<sup>b</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, these securities were valued at $5,374,972 or 1.59% of net assets.*

*<sup>c</sup> Investment in real estate investment trust within the United States.*

*<sup>d</sup> Security, or portion thereof, on loan. At January 31, 2023, the value of the fund's securities on loan was $3,960,448 and the value of the collateral was $3,965,622, consisting of cash collateral of $314,622 and U.S. Government & Agency securities valued at $3,651,000. In addition, the value of collateral may include pending sales that are also on loan.*

*<sup>e</sup> Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company's prospectus.*

------

STATEMENT OF INVESTMENTS<br>BNY Mellon Global Real Estate Securities Fund

January 31, 2023 (Unaudited)

The following is a summary of the inputs used as of January 31, 2023 in valuing the fund's investments:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | Level 1-Unadjusted Quoted Prices | Level 2- Other Significant Observable Inputs | | Level 3-Significant Unobservable Inputs | **Total** |
| **Assets ($)** | **Assets ($)** | **Assets ($)** | **Assets ($)** | **Assets ($)** |  |
| Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> |  |
| Equity Securities - Common Stocks | 209767574 | 124671217 | <sup>††</sup>  | - | **334438791** |
| Investment Companies | 1068457 | - |  | - | **1068457** |

---

*<sup>†</sup> See Statement of Investments for additional detailed categorizations, if any.*

*<sup>††</sup> Securities classified within Level 2 at period end as the values were determined pursuant to the fund's fair valuation procedures.*

------

The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

**Level 2**—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

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

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The Company's Board of Directors (the "Board") has designated the Adviser as the fund's valuation designee, effective September 8, 2022, to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

------

Investments in equity securities are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. U.S. Treasury Bills are valued at the mean price between quoted bid prices and asked prices by an independent pricing service (the "Service") approved by the Board Members ("Board"). These securities are generally categorized within Level 2 of the fair value hierarchy.The Service's procedures are reviewed by BNY Mellon under the general supervision of the Board.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depository Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

Pursuant to a securities lending agreement with The Bank of New York Mellon, a subsidiary of BNY Mellon and an affiliate of BNY Mellon Investment Adviser, Inc., the fund may lend securities to qualified institutions. It is the fund's policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral equivalent to at least 100% of the market value

------

of securities on loan is maintained at all times. Collateral is either in the form of cash, which can be invested in certain money market mutual funds managed by BNY Mellon Investment Adviser Inc., or U.S. Government and Agency securities. The fund is entitled to receive all dividends, interest and distributions on securities loaned, in addition to income earned as a result of the lending transaction. Should a borrower fail to return the securities in a timely manner, The Bank of New York Mellon is required to replace the securities for the benefit of the fund or credit the fund with the market value of the unreturned securities and is subrogated to the fund's rights against the borrower and the collateral. Additionally, the contractual maturity of security lending transactions are on an overnight and continuous basis.

At January 31, 2023, accumulated net unrealized appreciation on investments was $17,988,682, consisting of $40,629,879 gross unrealized appreciation and $22,641,197 gross unrealized depreciation.

At January 31, 2023, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Investment Funds V, Inc.

- **b. Investment Company Act file number:** 811-06490

- **c. CIK number of Registrant:** 0000881773

- **d. LEI of Registrant:** 549300E6YYE1FQWV1O19

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212 495 1784

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

- **a. Name of Series:** BNY Mellon Global Real Estate Securities Fund

- **b. EDGAR series identifier (if any):** S000019790

- **c. LEI of Series:** 549300ZNDDIWU1ZNWJ83

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $339311049.20

**Total Liabilities:** $492549.06

**Net Assets:** $338818500.14

**Cash Not Reported:** $864997.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055458 | 8.44%                | -3.22%               | 9.57%                |
| Class ID C000055459 | 8.27%                | -3.11%               | 9.35%                |
| Class ID C000055460 | 8.46%                | -3.10%               | 9.49%                |
| Class ID C000130451 | 8.46%                | -3.10%               | 9.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5041884.85             | $33777277.32                               |
| Month 2  | $-6744436.32             | $-5704064.23                               |
| Month 3  | $-1772510.94             | $31134942.50                               |

**Designated Index Information**

- **Index Name:** 0

- **Index Identifier:** 0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KLEPIERRE SA                               | KLEPIERRE SA                                                      | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |     52550 | NS      | $1334370.86   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                             | PUBLIC STORAGE                                                    | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |     34400 | NS      | $10469296.00  | 3.09%             |  |  |  | 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        |       620 | NS      | $2163910.59   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| DOUGLAS EMMETT INC                         | DOUGLAS EMMETT INC                                                | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    162660 | NS      | $2724555.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| JAPAN PRIME REALTY INVESTMENT CORP         | JAPAN PRIME REALTY INVESTMENT CORP                                | CUSIP: N/A<br>LEI: 353800NJOQJAY1ODEX72       | Long             | EC               | CORP              | JP        |       587 | NS      | $1591081.79   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY INC              | REXFORD INDUSTRIAL REALTY INC                                     | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     50740 | NS      | $3220467.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP                         | REALTY INCOME CORP                                                | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    149060 | NS      | $10110739.80  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDICAL PROPERTIES TRUST INC               | MEDICAL PROPERTIES TRUST INC                                      | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    338547 | NS      | $4384183.65   | 1.29%             |  |  |  | No            |                  1 | On Loan: —       |
| FIRST INDUSTRIAL REALTY TRUST              | FIRST INDUSTRIAL REALTY TRUST INC                                 | CUSIP: 32054K103<br>LEI: 86MKNB3IKYZZT3E3OV11 | Long             | EC               | CORP              | US        |     96150 | NS      | $5129602.50   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAINGER PLC                               | GRAINGER PLC                                                      | CUSIP: N/A<br>LEI: 2138007CEIRKZMNI2979       | Long             | EC               | CORP              | GB        |    586080 | NS      | $1879266.63   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST INC                   | DIGITAL REALTY TRUST INC                                          | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    101420 | NS      | $11624760.40  | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE STORAGE INC                           | LIFE STORAGE INC                                                  | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |     53359 | NS      | $5764906.36   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON PROLOGIS REIT INC                   | NIPPON PROLOGIS REIT INC                                          | CUSIP: N/A<br>LEI: 353800PHBMSDLAFURY41       | Long             | EC               | CORP              | JP        |       639 | NS      | $1451005.33   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| SOSILA LOGISTICS REIT INC                  | SOSILA LOGISTICS REIT INC                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1045 | NS      | $1039906.40   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND INTEGRATED COMMERCIAL TRUST     | CAPITALAND INTEGRATED COMMERCIAL TRUST                            | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |   1700900 | NS      | $2791259.16   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| CK ASSET HOLDINGS LTD                      | CK ASSET HOLDINGS LTD                                             | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    218000 | NS      | $1392857.35   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                      | AMERICAN HOMES 4 RENT                                             | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     79260 | NS      | $2717825.40   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                              | WELLTOWER INC                                                     | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |    131730 | NS      | $9885019.20   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SEGRO PLC                                  | SEGRO PLC                                                         | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    239895 | NS      | $2469774.58   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| FABEGE AB                                  | FABEGE AB                                                         | CUSIP: N/A<br>LEI: 549300JNPI46XNH0PM97       | Long             | EC               | CORP              | SE        |    158420 | NS      | $1500407.58   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTAS INC                                 | VENTAS INC                                                        | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    163120 | NS      | $8451247.20   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PARK HOTELS & RESORTS INC                  | PARK HOTELS & RESORTS INC                                         | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    117890 | NS      | $1734161.90   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC                        | SUN COMMUNITIES INC                                               | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     49470 | NS      | $7759864.20   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MIRVAC GROUP                               | MIRVAC GROUP                                                      | CUSIP: N/A<br>LEI: 549300IZVATGO3EBSH35       | Long             | EC               | CORP              | AU        |   3210820 | NS      | $5181744.43   | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES INC                  | AVALONBAY COMMUNITIES INC                                         | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     52300 | NS      | $9280112.00   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| WHARF REAL ESTATE INVESTMENT CO LTD        | WHARF REAL ESTATE INVESTMENT CO LTD                               | CUSIP: N/A<br>LEI: 529900QLPKS8U9QOPB59       | Long             | EC               | CORP              | KY        |    292000 | NS      | $1675542.23   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| INVITATION HOMES INC                       | INVITATION HOMES INC                                              | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    256320 | NS      | $8330400.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODMAN GROUP                              | GOODMAN GROUP                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    124780 | NS      | $1784301.55   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| REGENCY CENTERS CORP                       | REGENCY CENTERS CORP                                              | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     25140 | NS      | $1675078.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MAPLETREE LOGISTICS TRUST                  | MAPLETREE LOGISTICS TRUST                                         | CUSIP: N/A<br>LEI: 549300M9EBZIYH387075       | Long             | EC               | CORP              | SG        |   2224100 | NS      | $2880431.50   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| TRITAX BIG BOX REIT PLC                    | TRITAX BIG BOX REIT PLC                                           | CUSIP: N/A<br>LEI: 213800L6X88MIYPVR714       | Long             | EC               | CORP              | GB        |   1720945 | NS      | $3321136.34   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| KILROY REALTY CORP                         | KILROY REALTY CORP                                                | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     76300 | NS      | $3131352.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MERLIN PROPERTIES SOCIMI SA                | MERLIN PROPERTIES SOCIMI SA                                       | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |    266140 | NS      | $2603417.91   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| HIGHWOODS PROPERTIES INC                   | HIGHWOODS PROPERTIES INC                                          | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     71634 | NS      | $2175524.58   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTRA ASA                                  | ENTRA ASA                                                         | CUSIP: N/A<br>LEI: 549300APU14LQKTYCH34       | Long             | EC               | CORP              | NO        |     73180 | NS      | $863360.18    | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AEDIFICA SA                                | AEDIFICA SA                                                       | CUSIP: N/A<br>LEI: 529900DTKNXL0AXQFN28       | Long             | EC               | CORP              | BE        |     30158 | NS      | $2651046.16   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| CUBESMART                                  | CUBESMART                                                         | CUSIP: 229663109<br>LEI: 549300MPHKO3I3FJRA97 | Long             | EC               | CORP              | US        |     32760 | NS      | $1500080.40   | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| MITSUBISHI ESTATE CO LTD                   | MITSUBISHI ESTATE CO LTD                                          | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |    227900 | NS      | $2939322.16   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| SUN HUNG KAI PROPERTIES LTD                | SUN HUNG KAI PROPERTIES LTD                                       | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    466000 | NS      | $6626878.27   | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| KENEDIX OFFICE INVESTMENT CORP             | KENEDIX OFFICE INVESTMENT CORP                                    | CUSIP: N/A<br>LEI: 353800FFT483NCIHFY42       | Long             | EC               | CORP              | JP        |       686 | NS      | $1629075.00   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUI FUDOSAN CO LTD                      | MITSUI FUDOSAN CO LTD                                             | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |    295100 | NS      | $5538314.39   | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SCENTRE GROUP                              | SCENTRE GROUP                                                     | CUSIP: N/A<br>LEI: 549300VRF0U0JH8TBJ74       | Long             | EC               | CORP              | AU        |   1728840 | NS      | $3741642.68   | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO REALTY & DEVELOPMENT CO LTD       | SUMITOMO REALTY & DEVELOPMENT CO LTD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     97100 | NS      | $2366682.35   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| VONOVIA SE                                 | VONOVIA SE                                                        | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    222554 | NS      | $6264449.61   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| ADVANCE RESIDENCE INVESTMENT C             | ADVANCE RESIDENCE INVESTMENT CORP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1009 | NS      | $2466982.87   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTWELL RETIREMENT RESIDENCES            | CHARTWELL RETIREMENT RESIDENCES                                   | CUSIP: N/A<br>LEI: 549300M7UBEIZBWP4069       | Long             | EC               | CORP              | CA        |    297060 | NS      | $2190190.97   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| LINK REIT                                  | LINK REIT                                                         | CUSIP: N/A<br>LEI: 529900XUE70U36QX5M62       | Long             | EC               | CORP              | HK        |    782010 | NS      | $6291318.42   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| LEG IMMOBILIEN SE                          | LEG IMMOBILIEN SE                                                 | CUSIP: N/A<br>LEI: 391200SO40AKONBO0Z96       | Long             | EC               | CORP              | DE        |     46020 | NS      | $3587317.27   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ACTIVIA PROPERTIES INC                     | ACTIVIA PROPERTIES INC                                            | CUSIP: N/A<br>LEI: 353800RPGYN3ML8CXV54       | Long             | EC               | CORP              | JP        |       613 | NS      | $1835449.32   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| PROLOGIS INC                               | PROLOGIS INC                                                      | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    186280 | NS      | $24082278.40  | 7.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX JREIT INC                             | ORIX JREIT INC                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1957 | NS      | $2692160.90   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN REAL ESTATE INVESTMENT CORP          | JAPAN REAL ESTATE INVESTMENT CORP                                 | CUSIP: N/A<br>LEI: 3538003YAIR3CBGJJ928       | Long             | EC               | CORP              | JP        |       400 | NS      | $1715822.74   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SAFESTORE HOLDINGS PLC                     | SAFESTORE HOLDINGS PLC                                            | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |    170876 | NS      | $2129828.08   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP INC                   | SIMON PROPERTY GROUP INC                                          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     48300 | NS      | $6204618.00   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICOLD REALTY TRUST INC                 | AMERICOLD REALTY TRUST INC                                        | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |     66370 | NS      | $2084681.70   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC        | ALEXANDRIA REAL ESTATE EQUITIES INC                               | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     19700 | NS      | $3166578.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| LAND SECURITIES GROUP PLC                  | LAND SECURITIES GROUP PLC                                         | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |    322217 | NS      | $2825538.53   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND INVESTMENT LTD/SINGAPORE        | CAPITALAND INVESTMENT LTD/SINGAPORE                               | CUSIP: N/A<br>LEI: 254900AT4UQDU7SNXX49       | Long             | EC               | CORP              | SG        |    616900 | NS      | $1872944.35   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| ABACUS PROPERTY GROUP                      | ABACUS PROPERTY GROUP                                             | CUSIP: N/A<br>LEI: 2138009R3Y4TK4IZDW59       | Long             | EC               | CORP              | AU        |    765650 | NS      | $1515452.59   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN HOTEL REIT INVESTMENT CORP           | JAPAN HOTEL REIT INVESTMENT CORP                                  | CUSIP: N/A<br>LEI: 353800L8KG849FP1JI68       | Long             | EC               | CORP              | JP        |      1604 | NS      | $1014879.71   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES INC                     | COUSINS PROPERTIES INC                                            | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     69390 | NS      | $1902673.80   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPIRIC STUDENT PROPERTY PLC               | EMPIRIC STUDENT PROPERTY PLC                                      | CUSIP: N/A<br>LEI: 213800FPF38IBPRFPU87       | Long             | EC               | CORP              | GB        |   1452898 | NS      | $1564657.10   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| ACADIA REALTY TRUST                        | ACADIA REALTY TRUST                                               | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142009 | NS      | $2205399.77   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXUS PROPERTY GROUP                       | DEXUS                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    547100 | NS      | $3173790.04   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| CASTELLUM AB                               | CASTELLUM AB                                                      | CUSIP: N/A<br>LEI: 549300GU5OHTR1T5IY68       | Long             | EC               | CORP              | SE        |    127180 | NS      | $1747754.59   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                     | WAREHOUSES DE PAUW CVA                                            | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    115050 | NS      | $3652761.73   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH LAND CO PLC/THE                    | BRITISH LAND CO PLC/THE                                           | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |    432320 | NS      | $2367377.01   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| RPT REALTY                                 | RPT REALTY                                                        | CUSIP: 74971D101<br>LEI: 549300T03GDH1L37S188 | Long             | EC               | CORP              | US        |    251367 | NS      | $2634326.16   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| COFINIMMO SA                               | COFINIMMO SA                                                      | CUSIP: N/A<br>LEI: 549300TM914CSF6KI389       | Long             | EC               | CORP              | BE        |     12530 | NS      | $1140049.34   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SUPERMARKET INCOME REIT PLC                | SUPERMARKET INCOME REIT PLC                                       | CUSIP: N/A<br>LEI: 2138007FOINJKAM7L537       | Long             | EC               | CORP              | GB        |    779503 | NS      | $927382.77    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUITY RESIDENTIAL                         | EQUITY RESIDENTIAL                                                | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    145720 | NS      | $9275078.00   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NOMURA REAL ESTATE MASTER FUND INC         | NOMURA REAL ESTATE MASTER FUND INC                                | CUSIP: N/A<br>LEI: 353800TNNZOQ1CPZE086       | Long             | EC               | CORP              | JP        |      2128 | NS      | $2489142.75   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUINIX INC                                | EQUINIX INC                                                       | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     14565 | NS      | $10750863.45  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SWIRE PROPERTIES LTD                       | SWIRE PROPERTIES LTD                                              | CUSIP: N/A<br>LEI: 5299001L12PHYVQ92465       | Long             | EC               | CORP              | HK        |    667000 | NS      | $1878499.94   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| AGREE REALTY CORP                          | AGREE REALTY CORP                                                 | CUSIP: 008492100<br>LEI: 549300DXY3G299V1BO77 | Long             | EC               | CORP              | US        |     94380 | NS      | $7043579.40   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CELLNEX TELECOM SA                         | CELLNEX TELECOM SA                                                | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |    114970 | NS      | $4511612.13   | 1.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FIRST CAPITAL REAL ESTATE INVESTMENT TRUST | FIRST CAPITAL REAL ESTATE INVESTMENT TRUST                        | CUSIP: N/A<br>LEI: 54930042UG2WCIIAQZ39       | Long             | EC               | CORP              | CA        |     90918 | NS      | $1226543.99   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC                 | BRIXMOR PROPERTY GROUP INC                                        | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    186310 | NS      | $4383874.30   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| XENIA HOTELS & RESORTS INC                 | XENIA HOTELS & RESORTS INC                                        | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |    205540 | NS      | $3062546.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN APARTMENT PROPERTIES REIT         | CANADIAN APARTMENT PROPERTIES REIT                                | CUSIP: N/A<br>LEI: 549300B1MYVTQEB2DI90       | Long             | EC               | CORP              | CA        |     62570 | NS      | $2313662.77   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCIALYS SA                               | MERCIALYS SA                                                      | CUSIP: N/A<br>LEI: 969500081CGAXB7YS433       | Long             | EC               | CORP              | FR        |    217760 | NS      | $2419655.40   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE INC                   | BROADSTONE NET LEASE INC                                          | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    190500 | NS      | $3449955.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS & RESORTS INC                  | HOST HOTELS & RESORTS INC                                         | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    104900 | NS      | $1977365.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR INC                                    | UDR INC                                                           | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    116910 | NS      | $4979196.90   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MID-AMERICA APARTMENT COMMUNITIES INC      | MID-AMERICA APARTMENT COMMUNITIES INC                             | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     13700 | NS      | $2284064.00   | 0.67%             |  |  |  | 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        |   1664600 | NS      | $2319896.26   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| FRASERS CENTREPOINT TRUST                  | FRASERS CENTREPOINT TRUST                                         | CUSIP: N/A<br>LEI: 5493002RGQ266FKERZ83       | Long             | EC               | CORP              | SG        |    497220 | NS      | $844136.34    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| H&R REAL ESTATE INVESTMENT TRUST           | H&R REAL ESTATE INVESTMENT TRUST                                  | CUSIP: 403925407<br>LEI: 549300TGNP6B6GUVGW10 | Long             | EC               | CORP              | CA        |    182110 | NS      | $1780655.44   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GRANITE REAL ESTATE INVESTMENT TRUST       | GRANITE REAL ESTATE INVESTMENT TRUST                              | CUSIP: N/A<br>LEI: 549300A6I7CLE0ZC0396       | Long             | EC               | CORP              | CA        |     19400 | NS      | $1187284.96   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE REIT INC                 | SABRA HEALTH CARE REIT INC                                        | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    243265 | NS      | $3284077.50   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRE             | Dreyfus Institutional Preferred Government Plus Money Market Fund | CUSIP: N/A<br>LEI: 549300RBWL04JG8SIX57       | Long             | STIV             | RF                | US        |    753835 | OU      | $753835.30    | 0.22%             | 2099-12-01      | Variable      | 4.40%                 | No            |                  1 | On Loan: No      |
| 99VVB9HH4                                  | DREYFUS INST PREF GOVT PLUS-SL #4134                              | CUSIP: 99VVB9HH4<br>LEI: N/A                  | Long             |  | RF                | US        |    314622 | OU      | $314622.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-23

**Name of Applicant:** BNY Mellon Advantage Funds, Inc.

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Fund Treasurer