# EDGAR Filing Document

**Accession Number:** 0001762562
**File Stem:** 0001752724-23-046447
**Filing Date:** 2023-2
**Character Count:** 50614
**Document Hash:** e06717f92bdb0df2d6c56253edeb4024
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046447.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046447

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Clarion Partners Real Estate Income Fund Inc.
- **CENTRAL INDEX KEY:** 0001762562
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23408
- **FILM NUMBER:** 23682463

**BUSINESS ADDRESS:**
- **STREET 1:** 620 8TH AVENUE
- **STREET 2:** 47TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 8887770102

**MAIL ADDRESS:**
- **STREET 1:** 620 8TH AVENUE
- **STREET 2:** 47TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Clarion Partners Real Estate Income Fund Inc.

- **b. Investment Company Act file number:** 811-23408

- **c. CIK number of Registrant:** 0001762562

- **d. LEI of Registrant:** 549300HQZ8T32H6E5695

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

  - **Street Address 1:** 620 Eighth Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10018

  - **Telephone number:** 1-888-777-0102

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

- **a. Name of Series:** Clarion Partners Real Estate Income Fund Inc.

- **c. LEI of Series:** 549300HQZ8T32H6E5695

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $527652710.07

**Total Liabilities:** $3156757.37

**Net Assets:** $524495952.70

**Cash Not Reported:** $601560.53

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 23.83000000 | **1-Year:** 2066.77000000 | **5-Year:** 5033.96000000 | **10-Year:** 1217.17000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 10.92000000 | **1-Year:** 3504.06000000 | **5-Year:** 6899.71000000 | **10-Year:** 2942.20000000 | **30-Year:** 87.84000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000004 | -3.31%               | -3.76%               | -4.93%               |
| Class ID C000000002 | -3.31%               | -3.84%               | -4.94%               |
| Class ID C000000001 | 0.28%                | -0.20%               | -1.48%               |
| Class ID C000000003 | 0.24%                | -0.23%               | -1.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $113443.79               | $-850941.84                                |
| Month 2  | $-112657.91              | $-3109948.74                               |
| Month 3  | $1102.76                 | $-9529432.58                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hawaii Hotel Trust 2019-MAUI                | Hawaii Hotel Trust 2019-MAUI                                                | CUSIP: 41975AAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $381146.20    | 0.07%             | 2038-05-15      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Fannie Mae Connecticut Avenue Securities                                    | CUSIP: 30711XCR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    992268 | PA      | $1069173.98   | 0.20%             | 2028-10-25      | Floating      | 16.14%                | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T              | Ellington Financial Mortgage Trust 2022-1                                   | CUSIP: 31573CAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $422471.93    | 0.08%             | 2067-01-25      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac Stacr Trust 2019-FTR4                                           | CUSIP: 35565GAE7<br>LEI: 549300K0XW5MBR2WNZ55 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $606411.38    | 0.12%             | 2047-11-25      | Floating      | 9.39%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                | CSMC 2020-FACT                                                              | CUSIP: 126395AN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1330011.00   | 0.25%             | 2037-10-15      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| Anker Haus                                  | Anker Haus                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $23800000.00  | 4.54%             |  |  |  | No            |                  3 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | J.P. Morgan Chase Commercial Mortgage Securities Trust 2017-FL11            | CUSIP: 46648PAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     86883 | PA      | $86568.67     | 0.02%             | 2032-10-15      | Floating      | 8.34%                 | No            |                  2 | On Loan: No      |
| 12000 E 56th                                | 12000 E 56th                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $13700000.00  | 2.61%             |  |  |  | No            |                  3 | On Loan: No      |
| Arbor Realty Collateralized Lo              | Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd                      | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $388132.17    | 0.07%             | 2036-11-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Se              | Natixis Commercial Mortgage Securities Trust 2022-JERI                      | CUSIP: 63875LAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2683071.30   | 0.51%             | 2039-01-15      | Floating      | 11.79%                | No            |                  2 | On Loan: No      |
| Rialto Real Estate Fund LP                  | RIAL 2022-FL8 Issuer Ltd                                                    | CUSIP: 76243NAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    500000 | PA      | $487498.50    | 0.09%             | 2037-01-19      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2022-LP2                                       | CUSIP: 05610HAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    464195 | PA      | $427732.98    | 0.08%             | 2039-02-15      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| Hospitality Investors Trust                 | HIT Trust 2022-HI32                                                         | CUSIP: 40442AAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $980064.10    | 0.19%             | 2024-07-15      | Floating      | 11.56%                | No            |                  2 | On Loan: No      |
| MBRT 2019 MBR                               | MBRT 2019-MBR                                                               | CUSIP: 55282DBE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475000 | PA      | $453228.09    | 0.09%             | 2036-11-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan               | New Residential Mortgage Loan Trust 2022-NQM4                               | CUSIP: 64831UAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    948405 | PA      | $899476.72    | 0.17%             | 2062-06-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                    | OBX 2022-NQM7 Trust                                                         | CUSIP: 67117DAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    576181 | PA      | $555136.95    | 0.11%             | 2062-08-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-MKST              | CUSIP: 46652DAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $62717.92     | 0.01%             | 2036-12-15      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| TWO HARBORS INV CORP                        | Two Harbors Investment Corp                                                 | CUSIP: 90187BAB7<br>LEI: 549300ZUIBT6KH4HU823 | Long             | DBT              | CORP              | US        |    540000 | PA      | $466119.25    | 0.09%             | 2026-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NCMF Trust                                  | NCMF Trust 2022-MFP                                                         | CUSIP: 628870AN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1910238.00   | 0.36%             | 2039-03-15      | Floating      | 9.46%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                | CSMC 2014-USA OA LLC                                                        | CUSIP: 12649AAS8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    420000 | PA      | $213479.49    | 0.04%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| MTN Commercial Mortgage Trust               | MTN Commercial Mortgage Trust 2022-LPFL                                     | CUSIP: 62475WAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $464290.75    | 0.09%             | 2039-03-15      | Floating      | 9.62%                 | No            |                  2 | On Loan: No      |
| MED Trust                                   | Med Trust 2021-MDLN                                                         | CUSIP: 58403YBA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1271698.82   | 0.24%             | 2038-11-15      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset               | First Franklin Mortgage Loan Trust 2006-FF15                                | CUSIP: 32028GAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102788 | PA      | $100462.56    | 0.02%             | 2036-11-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| PMT CREDIT RISK TRANSFER TRUST              | PMT Credit Risk Transfer Trust 2019-3R                                      | CUSIP: 69349MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    168088 | PA      | $161384.61    | 0.03%             | 2031-11-27      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR REMIC Trust 2021-DNA3                                     | CUSIP: 35564KFH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    725000 | PA      | $613767.67    | 0.12%             | 2033-10-25      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2021-R01                                | CUSIP: 20754RAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $471278.65    | 0.09%             | 2041-10-25      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                   | BPR Trust 2022-OANA                                                         | CUSIP: 05592DAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1467378.45   | 0.28%             | 2037-04-15      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Southpark Meadows Mezzanine                 | Southpark Meadows Mezzanine                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31000000 | PA      | $31000000.00  | 5.91%             | 2027-11-10      | Floating      | 0.01%                 | No            |                  3 | On Loan: No      |
| TPG Real Estate Finance                     | TRTX 2022-FL5 Issuer Ltd                                                    | CUSIP: 87277JAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $469404.05    | 0.09%             | 2039-02-15      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust               | Citigroup Mortgage Loan Trust 2022-A                                        | CUSIP: 17330VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    728070 | PA      | $713114.25    | 0.14%             | 2062-09-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Corp Trust 2018-3PCK                                 | CUSIP: 36255YAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    575000 | PA      | $537254.01    | 0.10%             | 2031-09-15      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Radnor Re LTD                               | Radnor RE 2020-1 Ltd                                                        | CUSIP: 750493AE8<br>LEI: 254900YVLP8CB4GC2O97 | Long             | ABS-MBS          | CORP              | BM        |    425000 | PA      | $398185.82    | 0.08%             | 2030-01-25      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                                                 | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $2479292.50   | 0.47%             | 2023-03-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU              | WFRBS Commercial Mortgage Trust 2014-C19                                    | CUSIP: 92938VAA3<br>LEI: 549300FCX3YXSYSLU895 | Long             | ABS-MBS          | CORP              | US        |   1650000 | PA      | $1505697.27   | 0.29%             | 2047-03-15      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 5 YEAR TREASURY NOTE                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -8 | NC      | $2083.93      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2021-R03                                | CUSIP: 20754AAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $427951.95    | 0.08%             | 2041-12-25      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| SMR 2022-IND Mortgage Trust                 | SMR 2022-IND Mortgage Trust                                                 | CUSIP: 78458MAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    964590 | PA      | $895264.69    | 0.17%             | 2039-02-15      | Floating      | 11.84%                | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Fannie Mae Connecticut Avenue Securities                                    | CUSIP: 30711XDB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    247092 | PA      | $257976.45    | 0.05%             | 2029-01-25      | Floating      | 14.64%                | No            |                  2 | On Loan: No      |
| Brickstone Boulder Lodge Mezz               | Brickstone Boulder Lodge Mezz                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20200000 | PA      | $20200000.00  | 3.85%             | 2027-07-01      | Floating      | 18.50%                | No            |                  3 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2022-ONL                              | CUSIP: 95003WAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $373154.15    | 0.07%             | 2039-12-15      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management          | Dreyfus Government Cash Management                                          | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  31063340 | NS      | $31063340.05  | 5.92%             |  |  |  | No            |                  1 | On Loan: No      |
| mrcd 2019-prkc mortgage trust               | MRCD 2019-PRKC Mortgage Trust                                               | CUSIP: 55348UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1170233.28   | 0.22%             | 2036-12-15      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Memphis Logistics Mezz                      | Memphis Logistics Mezz                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14000000 | PA      | $14000000.00  | 2.67%             | 2023-08-09      | Floating      | 6.84%                 | No            |                  3 | On Loan: No      |
| Tharaldson Hotel Portfolio Tru              | Tharaldson Hotel Portfolio Trust 2018-THPT                                  | CUSIP: 88327HAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    445544 | PA      | $419617.53    | 0.08%             | 2034-11-11      | Floating      | 8.47%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                 | SREIT Trust 2021-MFP                                                        | CUSIP: 78472UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $481639.75    | 0.09%             | 2038-11-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                      | Cascade MH Asset Trust 2021-MH1                                             | CUSIP: 14731QAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $391106.70    | 0.07%             | 2046-02-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| 456 Sullivan Avenue                         | 456 Sullivan Avenue                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $23085000.00  | 4.40%             |  |  |  | No            |                  3 | On Loan: No      |
| Fannie Mae - CAS                            | Fannie Mae Connecticut Avenue Securities                                    | CUSIP: 30711XBB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    263460 | PA      | $267644.58    | 0.05%             | 2025-07-25      | Floating      | 9.39%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2019-IMC                                       | CUSIP: 05608BAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    869000 | PA      | $807338.71    | 0.15%             | 2034-04-15      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| PENNYMAC CORP                               | PennyMac Corp                                                               | CUSIP: 70932AAF0<br>LEI: EWN0I878407TKQNXZ933 | Long             | DBT              | CORP              | US        |    380000 | PA      | $311362.50    | 0.06%             | 2026-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Fannie Mae Connecticut Avenue Securities                                    | CUSIP: 30711X3M4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $350740.15    | 0.07%             | 2031-03-25      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| Congress Commons                            | Congress Commons                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $36700000.00  | 7.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BIG Commercial Mortgage Trust               | BIG Commercial Mortgage Trust 2022-BIG                                      | CUSIP: 05551UAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $467296.40    | 0.09%             | 2039-02-15      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| ELP 2021-ELP                                | ELP Commercial Mortgage Trust 2021-ELP                                      | CUSIP: 26863LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1249820.78   | 0.24%             | 2038-11-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac Structured Agency Credit Risk Debt Notes                        | CUSIP: 3137G1CG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    154951 | PA      | $133906.89    | 0.03%             | 2047-09-25      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| SMRT                                        | SMRT 2022-MINI                                                              | CUSIP: 78457JAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1650000 | PA      | $1511831.81   | 0.29%             | 2039-01-15      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                  | Verus Securitization Trust 2020-5                                           | CUSIP: 92538CAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $385484.80    | 0.07%             | 2065-05-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-HTL5            | CUSIP: 46654PAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $454401.33    | 0.09%             | 2038-11-15      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mor              | Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3           | CUSIP: 06427DAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $683700.10    | 0.13%             | 2050-02-15      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                          | Seasoned Credit Risk Transfer Trust Series 2022-1                           | CUSIP: 35563PD71<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1728017 | PA      | $544925.23    | 0.10%             | 2061-11-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR REMIC Trust 2021-DNA6                                     | CUSIP: 35564KLV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $641513.55    | 0.12%             | 2041-10-25      | Floating      | 11.43%                | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR REMIC Trust 2021-DNA5                                     | CUSIP: 35564KJB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1183843.80   | 0.23%             | 2034-01-25      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| Tharaldson Hotel Portfolio Tru              | Tharaldson Hotel Portfolio Trust 2018-THPT                                  | CUSIP: 88327HAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    445544 | PA      | $417596.58    | 0.08%             | 2034-11-11      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Mosaic at Largo Station                     | Mosaic at Largo Station                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $39035000.00  | 7.44%             |  |  |  | No            |                  3 | On Loan: No      |
| FS Rialto Issuer Ltd                        | FS Rialto 2022-FL5 Issuer LLC                                               | CUSIP: 30327MAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    650000 | PA      | $644522.45    | 0.12%             | 2037-06-19      | Floating      | 9.74%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Se              | Natixis Commercial Mortgage Securities Trust                                | CUSIP: 63875JAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $946068.50    | 0.18%             | 2035-03-15      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust               | UBS Commercial Mortgage Trust 2018-NYCH                                     | CUSIP: 90266HAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $366798.84    | 0.07%             | 2032-02-15      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                    | OBX 2022-NQM1 Trust                                                         | CUSIP: 67114VAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $545887.05    | 0.10%             | 2061-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Commercial Mortgage Trust 2021-XL2                                       | CUSIP: 05609KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1297401 | PA      | $1248900.85   | 0.24%             | 2038-10-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2017-C42                              | CUSIP: 95001GAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $986287.20    | 0.19%             | 2050-12-15      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                      | Argent Securities Inc Asset-Backed Pass-Through Certificates Series 2003-W7 | CUSIP: 040104BF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220596 | PA      | $200626.35    | 0.04%             | 2033-09-25      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                    | OBX 2021-NQM2 Trust                                                         | CUSIP: 670857AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116155 | PA      | $88546.61     | 0.02%             | 2061-05-25      | Variable      | 1.56%                 | No            |                  2 | On Loan: No      |
| The Sheds on Charlotte                      | The Sheds on Charlotte                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $47200000.00  | 9.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2022-JS2                              | CUSIP: 95003GAQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $451564.88    | 0.09%             | 2039-12-15      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| Aertson Midtown Mezzanine Term Loan         | Aertson Midtown Mezzanine Term Loan                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  18000000 | PA      | $18000000.00  | 3.43%             | 2025-10-01      | Floating      | 8.76%                 | No            |                  3 | On Loan: No      |
| 100 Friars Boulevard                        | 100 Friars Boulevard                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $29000000.00  | 5.53%             |  |  |  | No            |                  3 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-MKST              | CUSIP: 46652DAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $44878.24     | 0.01%             | 2036-12-15      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                      | Cascade MH Asset Trust 2021-MH1                                             | CUSIP: 14731QAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $382419.10    | 0.07%             | 2046-02-25      | Variable      | 7.71%                 | No            |                  2 | On Loan: No      |
| FARM 2021-1 Mortgage Trust                  | FARM 21-1 Mortgage Trust                                                    | CUSIP: 30768WAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    178629 | PA      | $120884.28    | 0.02%             | 2051-07-25      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| PMT CREDIT RISK TRANSFER TRUST              | PMT Credit Risk Transfer Trust 2019-2R                                      | CUSIP: 69345WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    266578 | PA      | $256097.33    | 0.05%             | 2023-05-27      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Chino Industrial Portfolio                  | Chino Industrial Portfolio                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $35100000.00  | 6.69%             |  |  |  | No            |                  3 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Corp II                                              | CUSIP: 36255TAL6<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |    523277 | PA      | $215287.13    | 0.04%             | 2031-09-15      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR Trust 2019-DNA3                                           | CUSIP: 35564TBE9<br>LEI: 549300KB1O80CETXGJ21 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $760059.15    | 0.14%             | 2049-07-25      | Floating      | 12.54%                | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                  | Verus Securitization Trust 2020-2                                           | CUSIP: 92537UAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $668849.63    | 0.13%             | 2060-05-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                    | CUSIP: 44106MAS1<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    800000 | PA      | $765361.59    | 0.15%             | 2024-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                    | Angel Oak Mortgage Trust I LLC 2019-2                                       | CUSIP: 03463WAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1082500 | PA      | $1043585.75   | 0.20%             | 2049-03-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| LSTAR Securities Investment Lt              | LSTAR Securities Investment Ltd 2019-4                                      | CUSIP: 54912JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    482904 | PA      | $484892.67    | 0.09%             | 2024-05-01      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                 | Extended Stay America Trust 2021-ESH                                        | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488096 | PA      | $474758.98    | 0.09%             | 2038-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| 3828 Civic Center                           | 3828 Civic Center                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $7800000.00   | 1.49%             |  |  |  | No            |                  3 | On Loan: No      |
| Credit Suisse Mortgage Trust                | CSMC 2019-RIO                                                               | CUSIP: 12597HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    991680 | PA      | $989237.44    | 0.19%             | 2022-12-15      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga              | MF1 2022-FL10 LLC                                                           | CUSIP: 55285BAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1449142.95   | 0.28%             | 2037-09-17      | Floating      | 10.55%                | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                      | Cascade MH Asset Trust 2019-MH1                                             | CUSIP: 14732FAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $278236.41    | 0.05%             | 2044-11-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | JP Morgan Chase Commercial Mortgage Securities Trust 2021-NYMZ              | CUSIP: 46654GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $479194.33    | 0.09%             | 2026-06-15      | Floating      | 11.57%                | No            |                  2 | On Loan: No      |
| COLT Funding LLC                            | COLT 2022-2 Mortgage Loan Trust                                             | CUSIP: 19685EAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $326654.40    | 0.06%             | 2067-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR Trust 2019-DNA3                                           | CUSIP: 35564TBD1<br>LEI: 549300KB1O80CETXGJ21 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $500749.90    | 0.10%             | 2049-07-25      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T              | Ellington Financial Mortgage Trust 2020-2                                   | CUSIP: 31573WAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $399344.45    | 0.08%             | 2065-10-25      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1               | CUSIP: 46590KAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1253586.75   | 0.24%             | 2049-01-15      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | STACR Trust 2018-DNA3                                                       | CUSIP: 35563WBD5<br>LEI: 549300BL200YC56BUV20 | Long             | ABS-MBS          | CORP              | US        |    370000 | PA      | $377231.95    | 0.07%             | 2048-09-25      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga              | MF1 2020-FL4 Ltd                                                            | CUSIP: 58003UAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    622748 | PA      | $614426.93    | 0.12%             | 2035-11-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Fusion Life Science HQ                      | Fusion Life Science HQ                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $18190000.00  | 3.47%             |  |  |  | No            |                  3 | On Loan: No      |
| UBS Commercial Mortgage Trust               | UBS Commercial Mortgage Trust 2018-C15                                      | CUSIP: 90278LAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $425929.08    | 0.08%             | 2051-12-15      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| NewRez Warehouse Securitizatio              | NewRez Warehouse Securitization Trust 2021-1                                | CUSIP: 65246PAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $310597.20    | 0.06%             | 2055-05-25      | Floating      | 9.64%                 | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Trust 2021-ARIA                                                          | CUSIP: 05608RAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $463921.55    | 0.09%             | 2036-10-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | JP Morgan Chase Commercial Mortgage Securities Trust 2020-NNN MZ            | CUSIP: 46652EBY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84601 | PA      | $73152.41     | 0.01%             | 2037-01-16      | Fixed         | 8.54%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                     | NYMT Loan Trust 2022-SP1                                                    | CUSIP: 62956BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    964225 | PA      | $926430.50    | 0.18%             | 2062-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| 55 Messina Drive                            | 55 Messina Drive                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $18800000.00  | 3.58%             |  |  |  | No            |                  3 | On Loan: No      |
| Freddie Mac - SCRT                          | Seasoned Credit Risk Transfer Trust Series 2021-1                           | CUSIP: 35563PWX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    747999 | PA      | $543445.98    | 0.10%             | 2060-09-25      | Variable      | 11.76%                | No            |                  2 | On Loan: No      |
| BX Trust                                    | BX Trust 2021-SDMF                                                          | CUSIP: 12434CAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $462687.70    | 0.09%             | 2034-09-15      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Brickstone Boulder Pearl Mezz               | Brickstone Boulder Pearl Mezz                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7300000 | PA      | $7300000.00   | 1.39%             | 2027-07-01      | Floating      | 18.50%                | No            |                  3 | On Loan: No      |
| Rojas East                                  | Rojas East                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RE               | CORP              | US        |         1 | OU      | $50200000.00  | 9.57%             |  |  |  | No            |                  3 | On Loan: No      |
| BWAY Mortgage Trust                         | BWAY 2015-1740 Mortgage Trust                                               | CUSIP: 05604LAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $401916.75    | 0.08%             | 2035-01-10      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                         | Freddie Mac STACR REMIC Trust 2021-DNA7                                     | CUSIP: 35564KMH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1081964.74   | 0.21%             | 2041-11-25      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                            | Connecticut Avenue Securities Trust 2020-R01                                | CUSIP: 20754CAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $130840.30    | 0.02%             | 2040-01-25      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

**Name of Applicant:** Clarion Partners Real Estate Income Fund Inc.

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer