# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0000035402-25-000743
**Filing Date:** 2025-9
**Character Count:** 30874
**Document Hash:** f68db41768f2376ce5aef7771f206dd7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-000743.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000035402-25-000743

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SELECT PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000320351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03114
- **FILM NUMBER:** 251349274

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity International Real Estate Fund (Series ID: S000039314)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000121125 | Fidelity Advisor International Real Estate Fund: Class A | FIRAX           |
| C000121127 | Fidelity Advisor International Real Estate Fund: Class C | FIRCX           |
| C000121128 | Fidelity Advisor International Real Estate Fund: Class M | FIRTX           |
| C000121129 | Fidelity International Real Estate Fund                  | FIREX           |
| C000121130 | Fidelity Advisor International Real Estate Fund: Class I | FIRIX           |
| C000205046 | Fidelity Advisor International Real Estate Fund: Class Z | FIKLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Select Portfolios

- **b. Investment Company Act file number:** 811-03114

- **c. CIK number of Registrant:** 0000320351

- **d. LEI of Registrant:** Z57125JG1LHEQKDYS630

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity International Real Estate Fund

- **b. EDGAR series identifier (if any):** S000039314

- **c. LEI of Series:** PQO8CVTW1FBUXT6K1P39

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $348162102.31

**Total Liabilities:** $23320175.27

**Net Assets:** $324841927.04

**Delayed Delivery Securities:** $61968.61

**Cash Not Reported:** $7458.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000121128 | 3.68%                | 3.14%                | -3.05%               |
| Class ID C000205046 | 3.83%                | 3.19%                | -2.99%               |
| Class ID C000121130 | 3.71%                | 3.18%                | -2.99%               |
| Class ID C000121127 | 3.64%                | 3.10%                | -3.11%               |
| Class ID C000121125 | 3.75%                | 3.22%                | -3.12%               |
| Class ID C000121129 | 3.69%                | 3.26%                | -3.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $948103.07               | $8837506.49                                |
| Month 2  | $348392.40               | $9099572.65                                |
| Month 3  | $-581239.19              | $-10320751.91                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EQUINIX INC                                           | EQUINIX INC                                    | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1800 | NS      | $1413306.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HARWORTH GROUP PLC                                    | HARWORTH GROUP PLC                             | CUSIP: N/A<br>LEI: 213800R8JSSGK2KPFG21       | Long             | EC               | CORP              | GB        |    762976 | NS      | $1904409.85   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKWAY LIFE REAL ESTATE INVESTMENT TRUST             | PARKWAY LIFE REA EST INV TRUST                 | CUSIP: N/A<br>LEI: 549300I4DKVD2OF5LW91       | Long             | EC               | CORP              | SG        |   3084200 | NS      | $9553826.69   | 2.94%             |  |  |  | No            |                  2 | On Loan: No      |
| BELLWAY PLC                                           | BELLWAY PLC                                    | CUSIP: N/A<br>LEI: 213800CY4L3HST4FGZ98       | Long             | EC               | CORP              | GB        |     24300 | NS      | $799085.70    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WING TAI PROPERTIES LTD                               | WING TAI PROPERTIES LTD                        | CUSIP: N/A<br>LEI: 5299002ICXRUDJG20N51       | Long             | EC               | CORP              | BM        |   3692000 | NS      | $788479.51    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                                | WAREHOUSES DE PAUW SCA                         | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    161250 | NS      | $3776059.63   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| INGENIA COMMUNITIES                                   | INGENIA COMMUNITIES GROUP (STPLD)              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   3503163 | NS      | $11774681.79  | 3.62%             |  |  |  | No            |                  2 | On Loan: No      |
| AEDAS HOMES SL                                        | AEDAS HOMES SL                                 | CUSIP: N/A<br>LEI: 9598005H67MP8U20RW81       | Long             | EC               | CORP              | ES        |     86384 | NS      | $2084997.06   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIDE STAPLED GROUP                                  | STRIDE STAPLED GROUP STPLD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |   1302032 | NS      | $950014.25    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGSPAN GROUP PLC                                    | KINGSPAN GROUP PLC                             | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |     18100 | NS      | $1500638.06   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| STORAGEVAULT CANADA INC                               | STORAGEVAULT CANADA INC                        | CUSIP: 86212H105<br>LEI: 254900A6LDI0HRL1VD69 | Long             | EC               | CORP              | CA        |    265200 | NS      | $888083.14    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| MAGNIFICENT HOTEL INVESTMENT LTD                      | MAGNIFICENT HOTEL INVESTMENT LTD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |  51423000 | NS      | $478566.41    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| INSTONE REAL ESTATE GROUP SE                          | INSTONE REAL ESTATE GROUP                      | CUSIP: N/A<br>LEI: 391200DINUIRPDZQHX03       | Long             | EC               | CORP              | DE        |    369476 | NS      | $3942390.22   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRATT REDROW PLC                                    | BARRATT REDROW PLC                             | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |    524885 | NS      | $2593221.47   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPORACION INMOBILIARIA VESTA SAB. DE CV.            | CORPORACION INMO VESTA SAB CV                  | CUSIP: N/A<br>LEI: 4469000001BIRIFZJ959       | Long             | EC               | CORP              | MX        |    573900 | NS      | $1614768.73   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AZORIM-INVESTMENT DEVELOPMENT and CONSTRUCTION CO LTD | AZORIM INV DEVT and CONSTR CO                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    214573 | NS      | $1392633.97   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HULIC CO LTD                                          | HULIC CO LTD                                   | CUSIP: N/A<br>LEI: 3538002E12E7IHAKTB10       | Long             | EC               | CORP              | JP        |    865300 | NS      | $8252978.79   | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| KOJAMO OYJ                                            | KOJAMO OYJ                                     | CUSIP: N/A<br>LEI: 7437007YPUOQZ8OV1R42       | Long             | EC               | CORP              | FI        |    204100 | NS      | $2594716.78   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MONTEA NV                                             | MONTEA NV                                      | CUSIP: N/A<br>LEI: 5493006K5LQDD0GK1T60       | Long             | EC               | CORP              | BE        |    105523 | NS      | $7887696.54   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAINGER PLC                                          | GRAINGER PLC                                   | CUSIP: N/A<br>LEI: 2138007CEIRKZMNI2979       | Long             | EC               | CORP              | GB        |   2398415 | NS      | $6509144.24   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTWELL RETIREMENT RESIDENCES                       | CHARTWELL RETIREMENT RESIDENCES                | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |    128100 | NS      | $1637305.86   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| KATITAS CO LTD                                        | KATITAS CO LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    334900 | NS      | $5615674.08   | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| KYORITSU MAINTENANCE CO LTD                           | KYORITSU MAINTENANCE CO LTD                    | CUSIP: N/A<br>LEI: 353800IO2MFHL1NA0986       | Long             | EC               | CORP              | JP        |    104400 | NS      | $2513556.28   | 0.77%             |  |  |  | No            |                  2 | On Loan: —       |
| JOHN MATTSON FASTIGHETSFORETAGEN AB                   | JOHN MATTSON FASTIGHETSFORETAGEN AB            | CUSIP: N/A<br>LEI: 549300UP4ZA93HCPRZ59       | Long             | EC               | CORP              | SE        |    155100 | NS      | $975984.88    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BIG YELLOW GROUP PLC (THE)                            | BIG YELLOW GROUP PLC                           | CUSIP: N/A<br>LEI: 213800W7Q4V2ZI8LIW31       | Long             | EC               | CORP              | GB        |    829000 | NS      | $10247504.47  | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE LAND GROUP LTD                              | SINGAPORE LAND GROUP LTD                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |   2429900 | NS      | $4984717.91   | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| SIENNA SENIOR LIVING INC                              | SIENNA SENIOR LIVING INC                       | CUSIP: 82621K102<br>LEI: 549300K3HNLZV4V5LL42 | Long             | EC               | CORP              | CA        |    379800 | NS      | $4906480.95   | 1.51%             |  |  |  | No            |                  1 | On Loan: —       |
| LONDONMETRIC PROPERITY PLC                            | LONDONMETRIC PROPERITY PLC                     | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |   3028619 | NS      | $7639514.28   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT EAGLE HOLDINGS LTD                              | GREAT EAGLE HOLDINGS LTD                       | CUSIP: N/A<br>LEI: 529900V6LG3TC9XC5S67       | Long             | EC               | CORP              | BM        |   2691541 | NS      | $5037399.80   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| DIOS FASTIGHETER AB                                   | DIOS FASTIGHETER AB                            | CUSIP: N/A<br>LEI: 549300G3VF7LZQ9IW435       | Long             | EC               | CORP              | SE        |    282700 | NS      | $1859782.93   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMDA DEVELOPMENT SA                                  | LAMDA DEVELOPMENT SA                           | CUSIP: N/A<br>LEI: 213800C7PQZVF38FYL54       | Long             | EC               | CORP              | GR        |    100000 | NS      | $761180.40    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE RESIDENCE INVESTMENT CORP                     | ADVANCE RESID INV CRP NEW REIT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     10000 | NS      | $10313574.62  | 3.17%             |  |  |  | No            |                  2 | On Loan: —       |
| SINO LAND LTD                                         | SINO LAND CO                                   | CUSIP: N/A<br>LEI: 529900G5P51053HJVZ92       | Long             | EC               | CORP              | HK        |   1930000 | NS      | $2224710.11   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| CATENA AB                                             | CATENA AB                                      | CUSIP: N/A<br>LEI: 549300EMLM7AH5LDLY65       | Long             | EC               | CORP              | SE        |     74300 | NS      | $3362351.56   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TOSEI CORP                                            | TOSEI CORP                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    519100 | NS      | $10009552.18  | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA REAL ESTATE HOLDING INC                        | NOMURA REAL ESTATE HOLDING INC                 | CUSIP: N/A<br>LEI: 353800UZ91CT24OL9P59       | Long             | EC               | CORP              | JP        |   1130700 | NS      | $6265903.71   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| XIOR STUDENT HOUSING NV                               | XIOR STUDENT HOUSING NV SCRIP RT 31/12/2049    | CUSIP: N/A<br>LEI: 549300JK7HFOCP0U8K85       | Long             | EC               | CORP              | BE        |    108842 | NS      | $61968.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JINUSHI CO LTD                                        | JINUSHI CO LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     55400 | NS      | $869509.19    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| WING TAI HOLDINGS LTD                                 | WING TAI HOLDINGS LTD                          | CUSIP: N/A<br>LEI: 984500SB157F8C2A6839       | Long             | EC               | CORP              | SG        |  15198122 | NS      | $15807732.44  | 4.87%             |  |  |  | No            |                  2 | On Loan: No      |
| AUCKLAND INTERNATIONAL AIRPORT LIMITED                | AUCKLAND INTL AIRPORT LTD                      | CUSIP: N/A<br>LEI: 549300HFZIZDJWB7AK60       | Long             | EC               | CORP              | NZ        |    350847 | NS      | $1556514.55   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| CTP BV                                                | CTP BV                                         | CUSIP: N/A<br>LEI: 3157000YTVO4TN65UM14       | Long             | EC               | CORP              | NL        |     83962 | NS      | $1786036.98   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| TAG IMMOBILIEN AG                                     | TAG IMMOBILIEN AG                              | CUSIP: N/A<br>LEI: 529900TAE68USJNXLR59       | Long             | EC               | CORP              | DE        |    333432 | NS      | $5376643.03   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTH CARE and MEDICAL INVESTMENT CORP               | HEALTH CARE and MEDICAL INVESTMENT CORP        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     12587 | NS      | $9603619.08   | 2.96%             |  |  |  | No            |                  2 | On Loan: —       |
| STENDORREN FASTIGHETER AB                             | STENDORREN FASTIGHETER AB                      | CUSIP: N/A<br>LEI: 5493003YS3NSPZJ5WU39       | Long             | EC               | CORP              | SE        |    122722 | NS      | $2569962.97   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                          | Fidelity Cash Central Fund                     | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  13585715 | NS      | $13588431.77  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TAI CHEUNG HOLDINGS LTD                               | TAI CHEUNG HOLDINGS LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |  11187116 | NS      | $4758812.73   | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| IRISH RESIDENTIAL PROPERTIES REIT PLC                 | IRISH RESIDENTIAL PROPERTIES REIT PLC          | CUSIP: N/A<br>LEI: 635400EOPACLULRENY18       | Long             | EC               | CORP              | IE        |   3426100 | NS      | $3816028.56   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFESTORE HOLDINGS PLC                                | SAFESTORE HOLDINGS PLC                         | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |    241262 | NS      | $2145923.62   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| XIOR STUDENT HOUSING NV                               | XIOR STUDENT HOUSING NV                        | CUSIP: N/A<br>LEI: 549300JK7HFOCP0U8K85       | Long             | EC               | CORP              | BE        |    111925 | NS      | $3959593.12   | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| LASALLE LOGIPORT REIT                                 | LASALLE LOGIPORT REIT                          | CUSIP: N/A<br>LEI: 353800II3DI1RPKBB314       | Long             | EC               | CORP              | JP        |      2000 | NS      | $1903579.05   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| LOGISTEA AB                                           | LOGISTEA AB-B                                  | CUSIP: N/A<br>LEI: 549300ZSB0ZCKM1SL747       | Long             | EC               | CORP              | SE        |    672900 | NS      | $1125939.37   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PSP SWISS PROPERTY AG                                 | PSP SWISS PROPERTY AG                          | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |     33150 | NS      | $5636214.22   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIWA SECURITIES LIVING INVESTMENT CORPORATION        | DAIWA SECURITIES LIVING INVESTMENT CORPORATION | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      9654 | NS      | $6540955.32   | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| RIGHTMOVE PLC                                         | RIGHTMOVE PLC                                  | CUSIP: N/A<br>LEI: 2138001JXGCFKBXYB828       | Long             | EC               | CORP              | GB        |     77700 | NS      | $840002.34    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG IMMOBILIEN GMBH                                   | LEG IMMOBILIEN SE                              | CUSIP: N/A<br>LEI: 391200SO40AKONBO0Z96       | Long             | EC               | CORP              | DE        |     78101 | NS      | $6216738.09   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ARENA REIT                                            | ARENA REIT (STAPLED)                           | CUSIP: N/A<br>LEI: 984500FEAC9A1C1FC967       | Long             | EC               | CORP              | AU        |   4398097 | NS      | $10348772.20  | 3.19%             |  |  |  | No            |                  2 | On Loan: No      |
| INCLUSIO SA                                           | INCLUSIO SA                                    | CUSIP: N/A<br>LEI: 967600NU10CMHYJZUH44       | Long             | EC               | CORP              | BE        |    250156 | NS      | $4881674.28   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LOG COMMERCIAL PROPERTIES E PARTICIPACOES SA          | LOG COMMERCIAL PROPERTIES E PARTICIPACOES SA   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    228233 | NS      | $857165.31    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                          | Fidelity Securities Lending Cash Central Fund  | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  22224726 | NS      | $22226948.28  | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| RYMAN HEALTHCARE LTD                                  | RYMAN HEALTHCARE LTD                           | CUSIP: N/A<br>LEI: 529900UR74KKRFG56I57       | Long             | EC               | CORP              | NZ        |   1324711 | NS      | $1947218.95   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| HELICAL PLC                                           | HELICAL BAR PLC                                | CUSIP: N/A<br>LEI: 2138003SBD2Z7WV2MP70       | Long             | EC               | CORP              | GB        |    163442 | NS      | $488899.52    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GLENVEAGH PROPERTIES PLC                              | GLENVEAGH PROPERTIES PLC 144U                  | CUSIP: N/A<br>LEI: 635400QUQ2YYGMOAK834       | Long             | EC               | CORP              | IE        |   1125159 | NS      | $2406274.95   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GEMLIFE COMMUNITIES GROUP                             | GEMLIFE COMMUNITIES GROUP (STAPLED)            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    721154 | NS      | $1974281.47   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| SHURGARD SELF STORAGE LTD                             | SHURGARD SELF STORAGE LTD                      | CUSIP: N/A<br>LEI: 549300J0UEIKU81XO336       | Long             | EC               | CORP              | GG        |     60600 | NS      | $2410111.70   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB INC                                            | AIRBNB INC CLASS A                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     12800 | NS      | $1694848.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFIELD                             | UNIBAIL-RODAMCO-WESTFIELD (STAPLED)            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     82800 | NS      | $8054443.55   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGAN SA                                              | ARGAN                                          | CUSIP: N/A<br>LEI: 529900FXM41XSCUSGH04       | Long             | EC               | CORP              | FR        |    105604 | NS      | $7941957.29   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCKLAND                                             | STOCKLAND UNITS (STAPLED)                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   2833697 | NS      | $10046272.99  | 3.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL STORAGE REIT                                 | NATIONAL STORAGE REIT STAPLED                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   7548793 | NS      | $11575022.06  | 3.56%             |  |  |  | No            |                  2 | On Loan: No      |
| STARTS CORPORATION INC                                | STARTS CORP                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    170400 | NS      | $5152451.52   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| TRADE ESTATES REAL ESTATE INVESTMENT SA               | TRADE ESTATES REAL ESTATE INVESTMENT SA        | CUSIP: N/A<br>LEI: 2138006STLTDFRIZTC42       | Long             | EC               | CORP              | GR        |    412089 | NS      | $797117.77    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NEINOR HOMES SLU                                      | NEINOR HOMES SLU                               | CUSIP: N/A<br>LEI: 959800FW4JL65YWSQ217       | Long             | EC               | CORP              | ES        |    198798 | NS      | $3874910.19   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HONGKONG LAND HOLDINGS LTD                            | HONGKONG LAND HLDGS LTD                        | CUSIP: N/A<br>LEI: 213800XCHYNRPAYGXW28       | Long             | EC               | CORP              | BM        |    408600 | NS      | $2468243.59   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| PROLOGIS INC                                          | PROLOGIS INC REIT                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     31900 | NS      | $3406282.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HEBA FASTIGHETS AB                                    | HEBA FASTIGHETS AB - B                         | CUSIP: N/A<br>LEI: 549300B1UZTBDU27UJ88       | Long             | EC               | CORP              | SE        |   1414747 | NS      | $4472908.51   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer