# EDGAR Filing Document

**Accession Number:** 0001284812
**File Stem:** 0001567619-23-002702
**Filing Date:** 2023-2
**Character Count:** 44850
**Document Hash:** fce291f7301f7191e1a04e6bb63f6091
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567619-23-002702.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001567619-23-002702

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COHEN & STEERS, INC.
- **CENTRAL INDEX KEY:** 0001284812
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 141904657
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11197
- **FILM NUMBER:** 23623494

**BUSINESS ADDRESS:**
- **STREET 1:** 280 PARK AVENUE 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212 832 3232

**MAIL ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COHEN & STEERS INC
- **DATE OF NAME CHANGE:** 20040324

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** COHEN  STEERS INC.<br>**Address:** 280 PARK AVENUE<br>10TH FLOOR<br>NEW YORK, NY 10017

**Form 13F File Number:** 028-11197

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Edward Delk<br>**Title:** Senior Vice President and Global Chief Compliance Officer<br>**Phone:** 212-832-3232

**Signature, Place, and Date of Signing:**

Edward Delk  New York, NY  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 402

**Form 13F Information Table Value Total:** $45306477

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name              | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | RUSSELL FRANK CO/ | 028-01190              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 21Vianet Group Inc-Adr | ADR | 90138A103 |  | 33 | 5738 | SH |  | SOLE | 1 | 5738 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 116 | 1061 | SH |  | SOLE | 1 | 0 | 0 | 1061 |
| Acadia Realty Trust | COM | 004239109 |  | 209811 | 14620962 | SH |  | SOLE | 1 | 11926682 | 0 | 2694280 |
| Adams Express Co | COM | 006212104 |  | 16609 | 1142314 | SH |  | SOLE | 1 | 1142314 | 0 | 0 |
| Adams Natural Resources Fund | COM | 00548F105 |  | 2621 | 120214 | SH |  | SOLE | 1 | 120214 | 0 | 0 |
| Adobe Systems Incorporated | COM | 00724F101 |  | 584 | 1736 | SH |  | SOLE | 1 | 85 | 0 | 1651 |
| Advanced Micro Devic | COM | 007903107 |  | 147 | 2269 | SH |  | SOLE | 1 | 276 | 0 | 1993 |
| Agco Corp. | COM | 001084102 |  | 2207 | 15914 | SH |  | SOLE | 1 | 15914 | 0 | 0 |
| AGIC Convertible  Income FD II | COM | 92838U108 |  | 4292 | 1490164 | SH |  | SOLE | 1 | 1490164 | 0 | 0 |
| AGIC Equity  Convertible Income | COM | 92841M101 |  | 1023 | 56127 | SH |  | SOLE | 1 | 56127 | 0 | 0 |
| Agree Realty Corp. | COM | 008492100 |  | 76950 | 1084868 | SH |  | SOLE | 1 | 0 | 0 | 1084868 |
| Air Products and Chemicals Inc. | COM | 009158106 |  | 294 | 955 | SH |  | SOLE | 1 | 66 | 0 | 889 |
| Albemarle Corporation | COM | 012653101 |  | 1783 | 8224 | SH |  | SOLE | 1 | 8224 | 0 | 0 |
| Allete Inc | COM | 018522300 |  | 19 | 300 | SH |  | SOLE | 1 | 300 | 0 | 0 |
| Alliance Resource Partners LP | COM | 01877R108 |  | 1095 | 53891 | SH |  | SOLE | 1 | 53891 | 0 | 0 |
| AllianceBernstein Global High Income Fund | COM | 01879R106 |  | 2114 | 229302 | SH |  | SOLE | 1 | 229302 | 0 | 0 |
| Alliant Energy Corporation | COM | 018802108 |  | 170100 | 3080967 | SH |  | SOLE | 1 2 | 3066868 | 0 | 14099 |
| Allianzgi Artificial Intel | COM | 92838Y100 |  | 290 | 17933 | SH |  | SOLE | 1 | 17933 | 0 | 0 |
| Alphabet Inc CL A | COM | 02079K305 |  | 482 | 5465 | SH |  | SOLE | 1 | 136 | 0 | 5329 |
| Alpine Total Dynamic Dividend Fund | COM | 00326L100 |  | 6294 | 806912 | SH |  | SOLE | 1 | 806912 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 543 | 6463 | SH |  | SOLE | 1 | 180 | 0 | 6283 |
| American Homes 4 Rent-CL | COM | 02665T306 |  | 295744 | 9811121 | SH |  | SOLE | 1 | 9053023 | 0 | 758098 |
| American Tower Corporation | COM | 03027X100 |  | 2122659 | 10017130 | SH |  | SOLE | 1 2 | 9641741 | 0 | 375389 |
| American Water Works Company Inc. | COM | 030420103 |  | 31835 | 208862 | SH |  | SOLE | 1 | 208862 | 0 | 0 |
| Americold Realty Trust | COM | 03064D108 |  | 1260487 | 44521466 | SH |  | SOLE | 1 2 | 31724618 | 0 | 12796848 |
| Analog Devices Inc. | COM | 032654105 |  | 11 | 68 | SH |  | SOLE | 1 | 68 | 0 | 0 |
| Anthem Inc. | COM | 036752103 |  | 402 | 784 | SH |  | SOLE | 1 | 0 | 0 | 784 |
| Apa Corp | COM | 03743Q108 |  | 2358 | 50509 | SH |  | SOLE | 1 | 50509 | 0 | 0 |
| Apartment Income Reit Co | COM | 03750L109 |  | 602126 | 17549275 | SH |  | SOLE | 1 2 | 13089851 | 0 | 4459424 |
| Apollo Tactical Income Fund | COM | 037638103 |  | 1586 | 130826 | SH |  | SOLE | 1 | 130826 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 1467 | 11290 | SH |  | SOLE | 1 | 288 | 0 | 11002 |
| Applied Materials Inc. | COM | 038222105 |  | 13 | 138 | SH |  | SOLE | 1 | 138 | 0 | 0 |
| Archer-Daniels-Midland Company | COM | 039483102 |  | 4692 | 50535 | SH |  | SOLE | 1 | 48808 | 0 | 1727 |
| Ares Dynamic Credit Allocation | COM | 04014F102 |  | 7803 | 673274 | SH |  | SOLE | 1 | 673274 | 0 | 0 |
| AT Inc. | COM | 00206R102 |  | 147 | 7958 | SH |  | SOLE | 1 | 0 | 0 | 7958 |
| Atmos Energy Corp. | COM | 049560105 |  | 64004 | 571107 | SH |  | SOLE | 1 2 | 568117 | 0 | 2990 |
| AvalonBay Communities Inc. | COM | 053484101 |  | 1149 | 7113 | SH |  | SOLE | 1 | 7113 | 0 | 0 |
| Avista Corp | COM | 05379B107 |  | 22 | 503 | SH |  | SOLE | 1 | 503 | 0 | 0 |
| Babson Cap Global | COM | 06760L100 |  | 3592 | 283285 | SH |  | SOLE | 1 | 283285 | 0 | 0 |
| Bank of America 7.25 CV Pfd. L | PFD | 060505682 |  | 232 | 200 | SH |  | SOLE | 1 | 200 | 0 | 0 |
| Bank of America Corporation | COM | 060505104 |  | 464 | 14012 | SH |  | SOLE | 1 | 0 | 0 | 14012 |
| Barrick Gold Corp. | COM | 067901108 |  | 2454 | 142838 | SH |  | SOLE | 1 | 127019 | 0 | 15819 |
| Benson Hill Inc | COM | 082490103 |  | 2454 | 962500 | SH |  | SOLE | 1 | 962500 | 0 | 0 |
| Berkshire Hathaway Inc. | COM | 084670702 |  | 3246 | 10507 | SH |  | SOLE | 1 | 10507 | 0 | 0 |
| Black Hills Corp. | COM | 092113109 |  | 35 | 495 | SH |  | SOLE | 1 | 495 | 0 | 0 |
| Blackrock Capital Allocation | COM | 09260U109 |  | 9394 | 677301 | SH |  | SOLE | 1 | 677301 | 0 | 0 |
| Blackrock Corporate High Yield Fund 6 | COM | 09255P107 |  | 3895 | 445607 | SH |  | SOLE | 1 | 445607 | 0 | 0 |
| BlackRock Credit Allocation Income Trust | COM | 092508100 |  | 3343 | 331022 | SH |  | SOLE | 1 | 331022 | 0 | 0 |
| Blackrock Debt Strategies Fund | COM | 09255R202 |  | 1312 | 142603 | SH |  | SOLE | 1 | 142603 | 0 | 0 |
| Blackrock Enh Cap And Inc | COM | 09256A109 |  | 1783 | 104136 | SH |  | SOLE | 1 | 104136 | 0 | 0 |
| Blackrock Esg Capital Alloca | COM | 09262F100 |  | 6049 | 450445 | SH |  | SOLE | 1 | 450445 | 0 | 0 |
| Blackrock Glbl Flt Rt Inc Tr | COM | 091941104 |  | 1390 | 127032 | SH |  | SOLE | 1 | 127032 | 0 | 0 |
| Blackrock Global Enrg  Res | COM | 09250U101 |  | 874 | 69780 | SH |  | SOLE | 1 | 69780 | 0 | 0 |
| Blackrock Health Sci Tr Ii | COM | 09260E105 |  | 1096 | 71006 | SH |  | SOLE | 1 | 71006 | 0 | 0 |
| Blackrock Limited Duration Income Trust | COM | 09249W101 |  | 6667 | 510098 | SH |  | SOLE | 1 | 510098 | 0 | 0 |
| BlackRock Multi-Sector Inc Tst | COM | 09258A107 |  | 2727 | 191884 | SH |  | SOLE | 1 | 191884 | 0 | 0 |
| BlackRock MuniHoldings Fd Inc | COM | 09253N104 |  | 1835 | 151181 | SH |  | SOLE | 1 | 151181 | 0 | 0 |
| Blackrock Munivest Fund | COM | 09253R105 |  | 1091 | 155693 | SH |  | SOLE | 1 | 155693 | 0 | 0 |
| Blackrock Muniyield Fund | COM | 09253W104 |  | 1028 | 98789 | SH |  | SOLE | 1 | 98789 | 0 | 0 |
| Blackrock Muniyield Insured | COM | 09254E103 |  | 2225 | 198462 | SH |  | SOLE | 1 | 198462 | 0 | 0 |
| Blackrock Muniyield Quality | COM | 09254F100 |  | 1218 | 105025 | SH |  | SOLE | 1 | 105025 | 0 | 0 |
| Blackstone/GSO Long-Short CR | COM | 09257D102 |  | 2911 | 268520 | SH |  | SOLE | 1 | 268520 | 0 | 0 |
| Boston Properties Inc. | COM | 101121101 |  | 12164 | 180000 | SH |  | SOLE | 1 | 180000 | 0 | 0 |
| Boulder Growth  Income Fund Inc. | COM | 101507101 |  | 6047 | 476158 | SH |  | SOLE | 1 | 476158 | 0 | 0 |
| Boyd Gaming Corp. | COM | 103304101 |  | 224886 | 4124360 | SH |  | SOLE | 1 2 | 3759711 | 0 | 364649 |
| Brixmor Property Group | COM | 11120U105 |  | 39749 | 1753382 | SH |  | SOLE | 1 2 | 1428440 | 0 | 324942 |
| Broadcom Inc | COM | 11135F101 |  | 897 | 1604 | SH |  | SOLE | 1 | 63 | 0 | 1541 |
| Bunge Limited | COM | G16962105 |  | 24411 | 244668 | SH |  | SOLE | 1 | 244668 | 0 | 0 |
| Caesars Entertainment Inc | COM | 12769G100 |  | 0 | 1 | SH |  | SOLE | 1 | 1 | 0 | 0 |
| Calamos Convertible  High Income Fund | COM | 12811P108 |  | 3480 | 329884 | SH |  | SOLE | 1 | 329884 | 0 | 0 |
| Calamos Convertible Opp | COM | 128117108 |  | 3913 | 372278 | SH |  | SOLE | 1 | 372278 | 0 | 0 |
| Camden Property Trust | COM | 133131102 |  | 1330881 | 11894672 | SH |  | SOLE | 1 2 | 8481702 | 0 | 3412970 |
| Cameco Corp. | COM | 13321L108 |  | 14 | 600 | SH |  | SOLE | 1 | 600 | 0 | 0 |
| Cardinal Health Inc. | COM | 14149Y108 |  | 321 | 4181 | SH |  | SOLE | 1 | 0 | 0 | 4181 |
| Casella Waste Sys In | COM | 147448104 |  | 7 | 93 | SH |  | SOLE | 1 | 93 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 |  | 187 | 781 | SH |  | SOLE | 1 | 0 | 0 | 781 |
| CenterPoint Energy Inc. | COM | 15189T107 |  | 176071 | 5871001 | SH |  | SOLE | 1 2 | 5841917 | 0 | 29084 |
| CF Industries Holdings Inc. | COM | 125269100 |  | 12383 | 145345 | SH |  | SOLE | 1 | 143028 | 0 | 2317 |
| Cheniere Energy Inc. | COM | 16411R208 |  | 168372 | 1122779 | SH |  | SOLE | 1 2 | 1119052 | 0 | 3727 |
| Chesapeake Energy Corp | COM | 165167735 |  | 1617 | 17138 | SH |  | SOLE | 1 | 17138 | 0 | 0 |
| Chevron Corporation | COM | 166764100 |  | 7012 | 39065 | SH |  | SOLE | 1 | 39065 | 0 | 0 |
| Chubb Ltd | COM | H1467J104 |  | 182 | 825 | SH |  | SOLE | 1 | 0 | 0 | 825 |
| Cisco Systems Inc. | COM | 17275R102 |  | 18 | 378 | SH |  | SOLE | 1 | 378 | 0 | 0 |
| Citigroup Inc. | COM | 172967424 |  | 150 | 3318 | SH |  | SOLE | 1 | 0 | 0 | 3318 |
| Cloudflare Inc - Class A | COM | 18915M107 |  | 6 | 124 | SH |  | SOLE | 1 | 124 | 0 | 0 |
| CMS Energy Corporation | COM | 125896100 |  | 35828 | 565740 | SH |  | SOLE | 1 | 565740 | 0 | 0 |
| Colgate-Palmolive Company | COM | 194162103 |  | 173 | 2201 | SH |  | SOLE | 1 | 0 | 0 | 2201 |
| Comcast Corporation | COM | 20030N101 |  | 152 | 4333 | SH |  | SOLE | 1 | 0 | 0 | 4333 |
| Conocophillips | COM | 20825C104 |  | 3836 | 32505 | SH |  | SOLE | 1 | 32505 | 0 | 0 |
| Consolidated Edison Inc. | COM | 209115104 |  | 92653 | 972121 | SH |  | SOLE | 1 2 | 966820 | 0 | 5301 |
| Constellation Energy Corp | COM | 21037T109 |  | 40346 | 467996 | SH |  | SOLE | 1 2 | 463468 | 0 | 4528 |
| Corteva Inc-W/I | COM | 22052L104 |  | 13298 | 226240 | SH |  | SOLE | 1 | 226240 | 0 | 0 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 252 | 553 | SH |  | SOLE | 1 | 0 | 0 | 553 |
| Cousins Properties Inc. | COM | 222795502 |  | 351427 | 13895904 | SH |  | SOLE | 1 2 | 7889429 | 0 | 6006475 |
| Crestwood Equity Partners LP | COM | 226344208 |  | 18190 | 694536 | SH |  | SOLE | 1 | 694536 | 0 | 0 |
| Crowdstrike Holdings Inc - A | COM | 22788C105 |  | 7 | 63 | SH |  | SOLE | 1 | 63 | 0 | 0 |
| Crown Castle International Corp. | COM | 22822V101 |  | 1157565 | 8531954 | SH |  | SOLE | 1 2 | 8189018 | 0 | 342936 |
| CSX Corporation | COM | 126408103 |  | 7796 | 251655 | SH |  | SOLE | 1 | 245393 | 0 | 6262 |
| CubeSmart | COM | 229663109 |  | 316598 | 7865800 | SH |  | SOLE | 1 2 | 6971826 | 0 | 893974 |
| Cummins Inc. | COM | 231021106 |  | 9 | 37 | SH |  | SOLE | 1 | 37 | 0 | 0 |
| Danaher Corporation | COM | 235851102 |  | 253 | 954 | SH |  | SOLE | 1 | 0 | 0 | 954 |
| Darling Intl Inc | COM | 237266101 |  | 5430 | 86759 | SH |  | SOLE | 1 | 86759 | 0 | 0 |
| DCP Midstream Partners LP | COM | 23311P100 |  | 2462 | 63461 | SH |  | SOLE | 1 | 63461 | 0 | 0 |
| Deere  Company | COM | 244199105 |  | 12544 | 29257 | SH |  | SOLE | 1 | 28508 | 0 | 749 |
| Denbury Inc | COM | 24790A101 |  | 1927 | 22148 | SH |  | SOLE | 1 | 22148 | 0 | 0 |
| Diamondrock Hospitality Co. | COM | 252784301 |  | 6 | 723 | SH |  | SOLE | 1 | 723 | 0 | 0 |
| Digital Realty Trust Inc. | COM | 253868103 |  | 2830073 | 28222313 | SH |  | SOLE | 1 2 | 20091571 | 0 | 8130742 |
| DigitalBridge Group Inc | COM | 25401T603 |  | 33226 | 3037156 | SH |  | SOLE | 1 2 | 2798854 | 0 | 238302 |
| DNP Select Income Fund | COM | 23325P104 |  | 3922 | 348665 | SH |  | SOLE | 1 | 348665 | 0 | 0 |
| Dominion Resources Inc. | COM | 25746U109 |  | 123739 | 2017929 | SH |  | SOLE | 1 2 | 2010310 | 0 | 7619 |
| Doubleline Income Solutions | COM | 258622109 |  | 3870 | 348993 | SH |  | SOLE | 1 | 348993 | 0 | 0 |
| Doubleline Yield Opport | COM | 25862D105 |  | 5456 | 415841 | SH |  | SOLE | 1 | 415841 | 0 | 0 |
| Dow Inc | COM | 260557103 |  | 120 | 2377 | SH |  | SOLE | 1 | 0 | 0 | 2377 |
| Dt Midstream Inc | COM | 23345M107 |  | 81684 | 1478175 | SH |  | SOLE | 1 2 | 1474171 | 0 | 4004 |
| DTE Energy Company | COM | 233331107 |  | 113577 | 966366 | SH |  | SOLE | 1 2 | 960920 | 0 | 5446 |
| Duke Energy Corporation | COM | 26441C204 |  | 57298 | 556349 | SH |  | SOLE | 1 | 556349 | 0 | 0 |
| Eaton Corporation plc | COM | G29183103 |  | 324 | 2066 | SH |  | SOLE | 1 | 0 | 0 | 2066 |
| Eaton Vance Floating Rate Income Trust | COM | 278279104 |  | 1702 | 153496 | SH |  | SOLE | 1 | 153496 | 0 | 0 |
| Eaton Vance Insured Muni Bnd | COM | 27827X101 |  | 260 | 25000 | SH |  | SOLE | 1 | 25000 | 0 | 0 |
| Eaton Vance Limited Duration Fund | COM | 27828H105 |  | 3526 | 375463 | SH |  | SOLE | 1 | 375463 | 0 | 0 |
| Eaton Vance Muni Income Trust | COM | 27826U108 |  | 71 | 7239 | SH |  | SOLE | 1 | 7239 | 0 | 0 |
| Eaton Vance New York Municipal Bond Fund | COM | 27827Y109 |  | 108 | 12000 | SH |  | SOLE | 1 | 12000 | 0 | 0 |
| Eaton Vance Sr Fltg Rate Trust | COM | 27828Q105 |  | 3263 | 298258 | SH |  | SOLE | 1 | 298258 | 0 | 0 |
| Eaton Vance T/A Global Dividend Income | COM | 27828S101 |  | 6259 | 414515 | SH |  | SOLE | 1 | 414515 | 0 | 0 |
| Eaton Vance Tax-Adv Dvd. Inc. Fund | COM | 27828G107 |  | 5067 | 222254 | SH |  | SOLE | 1 | 222254 | 0 | 0 |
| Eaton Vance Tax-Managed Dividend | COM | 27828N102 |  | 1713 | 157768 | SH |  | SOLE | 1 | 157768 | 0 | 0 |
| Eaton Vance Tax-Managed Global | COM | 27829F108 |  | 6554 | 868125 | SH |  | SOLE | 1 | 868125 | 0 | 0 |
| Ecolab Inc. | COM | 278865100 |  | 11 | 79 | SH |  | SOLE | 1 | 79 | 0 | 0 |
| Enbridge Inc | COM | 29250N105 |  | 4444 | 113650 | SH |  | SOLE | 1 | 113650 | 0 | 0 |
| Energy Transfer LP | COM | 29273V100 |  | 34169 | 2878615 | SH |  | SOLE | 1 | 2878615 | 0 | 0 |
| Entergy Corporation | COM | 29364G103 |  | 134577 | 1196241 | SH |  | SOLE | 1 2 | 1191493 | 0 | 4748 |
| Enterprise Products Partners | COM | 293792107 |  | 10751 | 445724 | SH |  | SOLE | 1 | 445724 | 0 | 0 |
| Entertainment Properties Trust Pfd. E | PFD | 26884U307 |  | 1469 | 57085 | SH |  | SOLE | 1 | 57085 | 0 | 0 |
| EOG Resources Inc. | COM | 26875P101 |  | 3044 | 23502 | SH |  | SOLE | 1 | 21603 | 0 | 1899 |
| Equinix Inc. | COM | 29444U700 |  | 1519699 | 2319740 | SH |  | SOLE | 1 2 | 1624307 | 0 | 695433 |
| Equitrans Midstream Corp-W/I | COM | 294600101 |  | 4381 | 653913 | SH |  | SOLE | 1 | 653913 | 0 | 0 |
| Essential Properties Realty | COM | 29670E107 |  | 18030 | 768217 | SH |  | SOLE | 1 | 352634 | 0 | 415583 |
| Essential Utilities | COM | 29670G102 |  | 79772 | 1671321 | SH |  | SOLE | 1 2 | 1664031 | 0 | 7290 |
| Essex Property Trust Inc. | COM | 297178105 |  | 236331 | 1115100 | SH |  | SOLE | 1 2 | 786717 | 0 | 328383 |
| Evergy Inc | COM | 30034W106 |  | 124032 | 1970958 | SH |  | SOLE | 1 2 | 1967309 | 0 | 3649 |
| Eversource Energy | COM | 30040W108 |  | 4048 | 48280 | SH |  | SOLE | 1 | 48280 | 0 | 0 |
| Evoqua Water Technologies Co | COM | 30057T105 |  | 16 | 401 | SH |  | SOLE | 1 | 401 | 0 | 0 |
| Exelon Corporation | COM | 30161N101 |  | 87955 | 2034578 | SH |  | SOLE | 1 2 | 2024862 | 0 | 9716 |
| Extra Space Storage Inc. | COM | 30225T102 |  | 678202 | 4607599 | SH |  | SOLE | 1 2 | 2819191 | 0 | 1788408 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 15450 | 140071 | SH |  | SOLE | 1 | 137584 | 0 | 2487 |
| Facebook Inc. | COM | 30303M102 |  | 455 | 3781 | SH |  | SOLE | 1 | 90 | 0 | 3691 |
| Federal Realty Investment Trust | COM | 313745101 |  | 1275 | 12621 | SH |  | SOLE | 1 | 2 | 0 | 12619 |
| First Industrial Realty Trust | COM | 32054K103 |  | 79299 | 1643158 | SH |  | SOLE | 1 | 157281 | 0 | 1485877 |
| First Solar Inc. | COM | 336433107 |  | 21 | 140 | SH |  | SOLE | 1 | 140 | 0 | 0 |
| First Trust Energy Income and Growth Fund | COM | 33738G104 |  | 892 | 62893 | SH |  | SOLE | 1 | 62893 | 0 | 0 |
| First Trust Energy Infra. | COM | 33738C103 |  | 3894 | 270052 | SH |  | SOLE | 1 | 270052 | 0 | 0 |
| First Trust High Inc | COM | 33738E109 |  | 2634 | 230000 | SH |  | SOLE | 1 | 230000 | 0 | 0 |
| First Trust Intermediate Duration Pref  Inc Fund | COM | 33718W103 |  | 7307 | 433119 | SH |  | SOLE | 1 | 433119 | 0 | 0 |
| First Trust MLP and Energy Inc | COM | 33739B104 |  | 2863 | 366575 | SH |  | SOLE | 1 | 366575 | 0 | 0 |
| First Trust New Opportunites MLP | COM | 33739M100 |  | 1719 | 284146 | SH |  | SOLE | 1 | 284146 | 0 | 0 |
| Firstenergy Corp. | COM | 337932107 |  | 156358 | 3728145 | SH |  | SOLE | 1 2 | 3717459 | 0 | 10686 |
| Flah  Crum/Claymore Preferred S I | COM | 338478100 |  | 4373 | 291134 | SH |  | SOLE | 1 | 291134 | 0 | 0 |
| Flaherty  Crumrine Dynamic | COM | 33848W106 |  | 4769 | 254892 | SH |  | SOLE | 1 | 254892 | 0 | 0 |
| FMC Corporation | COM | 302491303 |  | 4885 | 39141 | SH |  | SOLE | 1 | 39141 | 0 | 0 |
| Ford Motor Company | COM | 345370860 |  | 120 | 10276 | SH |  | SOLE | 1 | 0 | 0 | 10276 |
| Freeport-Mcmoran Inc. | COM | 35671D857 |  | 13624 | 358522 | SH |  | SOLE | 1 | 358522 | 0 | 0 |
| Gabelli Dividend  Income Trust | COM | 36242H104 |  | 14494 | 703260 | SH |  | SOLE | 1 | 703260 | 0 | 0 |
| Gabelli Equity Trust | COM | 362397101 |  | 3234 | 590100 | SH |  | SOLE | 1 | 590100 | 0 | 0 |
| Gaming and Leisure Prop | COM | 36467J108 |  | 2129 | 40870 | SH |  | SOLE | 1 | 40870 | 0 | 0 |
| General American Investors | COM | 368802104 |  | 3289 | 90985 | SH |  | SOLE | 1 | 90985 | 0 | 0 |
| General Motors Company | COM | 37045V100 |  | 134 | 3982 | SH |  | SOLE | 1 | 0 | 0 | 3982 |
| Genesis Energy LP | COM | 371927104 |  | 1567 | 153500 | SH |  | SOLE | 1 | 153500 | 0 | 0 |
| Global X Us Preferred Etf | COM | 37954Y657 |  | 23238 | 1199705 | SH |  | SOLE | 1 | 1199705 | 0 | 0 |
| Grupo Aeroportuario PAC - ADR | ADR | 400506101 |  | 1361 | 9463 | SH |  | SOLE | 1 | 9463 | 0 | 0 |
| Guggenheim Active Allocation | COM | 40170T106 |  | 7910 | 588128 | SH |  | SOLE | 1 | 588128 | 0 | 0 |
| Guggenheim Strategic Opp Fund | COM | 40167F101 |  | 7121 | 467867 | SH |  | SOLE | 1 | 467867 | 0 | 0 |
| Healthcare Realty Trust Inc. | COM | 42226K105 |  | 980768 | 50895930 | SH |  | SOLE | 1 2 | 34526324 | 0 | 16369606 |
| Healthpeak Properties Inc | COM | 42250P103 |  | 382008 | 15236731 | SH |  | SOLE | 1 2 | 11731227 | 0 | 3505504 |
| Hess Corporation | COM | 42809H107 |  | 4912 | 34635 | SH |  | SOLE | 1 | 34635 | 0 | 0 |
| Hess Midstream Lp - Class A | COM | 428103105 |  | 12674 | 423595 | SH |  | SOLE | 1 | 423595 | 0 | 0 |
| Highwoods Properties Inc. | COM | 431284108 |  | 482671 | 17250182 | SH |  | SOLE | 1 2 | 13155012 | 0 | 4095170 |
| HJ Heinz Holdings Corp | COM | 500754106 |  | 3651 | 89683 | SH |  | SOLE | 1 | 89683 | 0 | 0 |
| Host Hotels  Resorts Inc. | COM | 44107P104 |  | 767061 | 47799261 | SH |  | SOLE | 1 2 | 34482303 | 0 | 13316958 |
| I Shares Gold Trust | COM | 464285204 |  | 14417 | 416807 | SH |  | SOLE | 1 | 416807 | 0 | 0 |
| IdaCorp. Inc. | COM | 451107106 |  | 29 | 269 | SH |  | SOLE | 1 | 269 | 0 | 0 |
| Intel Corporation | COM | 458140100 |  | 84 | 3172 | SH |  | SOLE | 1 | 0 | 0 | 3172 |
| Intercontinental Exchange Inc. | COM | 45866F104 |  | 362 | 3525 | SH |  | SOLE | 1 | 0 | 0 | 3525 |
| International Business Machines Corporation | COM | 459200101 |  | 301 | 2134 | SH |  | SOLE | 1 | 101 | 0 | 2033 |
| Invesco Financial Preferred | COM | 46137V621 |  | 2218 | 154032 | SH |  | SOLE | 1 | 154032 | 0 | 0 |
| Invesco Preferred ETF | COM | 46138E511 |  | 19454 | 1740056 | SH |  | SOLE | 1 | 1740056 | 0 | 0 |
| Invesco S 500 Equal Weight | COM | 46137V357 |  | 7171 | 50769 | SH |  | SOLE | 1 | 50769 | 0 | 0 |
| Invesco S 500 Equal Weight Consumer | COM | 46137V381 |  | 2909 | 24693 | SH |  | SOLE | 1 | 24693 | 0 | 0 |
| Invesco Van Kampen Muni Trust | COM | 46131J103 |  | 178 | 18000 | SH |  | SOLE | 1 | 18000 | 0 | 0 |
| Invesco Van Kampen Senior Income Trust | COM | 46131H107 |  | 6481 | 1692239 | SH |  | SOLE | 1 | 1692239 | 0 | 0 |
| Invesco Van Kampen Tst NY Mun | COM | 46131T101 |  | 76 | 7500 | SH |  | SOLE | 1 | 7500 | 0 | 0 |
| Invitation Homes Inc | COM | 46187W107 |  | 2294189 | 77392949 | SH |  | SOLE | 1 2 | 53526814 | 0 | 23866135 |
| Iron Mountain Incorporated | COM | 46284V101 |  | 5 | 106 | SH |  | SOLE | 1 | 106 | 0 | 0 |
| iShares Barlcays 20 Year Tr | COM | 464287432 |  | 1198 | 12028 | SH |  | SOLE | 1 | 12028 | 0 | 0 |
| Ishares Bloomberg Roll Selec | COM | 46431W598 |  | 129 | 2373 | SH |  | SOLE | 1 | 2373 | 0 | 0 |
| iShares Cohen  Steers Rlty | COM | 464287564 |  | 510 | 9303 | SH |  | SOLE | 1 | 9303 | 0 | 0 |
| iShares Iboxx Inv Gr Corp. Bd | COM | 464287242 |  | 348 | 3302 | SH |  | SOLE | 1 | 3302 | 0 | 0 |
| iShares Nasdaq Biotechnology | COM | 464287556 |  | 1940 | 14773 | SH |  | SOLE | 1 | 14773 | 0 | 0 |
| iShares Russell 1000 Value | COM | 464287598 |  | 4697 | 30974 | SH |  | SOLE | 1 | 30974 | 0 | 0 |
| iShares Russell 2000 | COM | 464287655 |  | 3140 | 18006 | SH |  | SOLE | 1 | 18006 | 0 | 0 |
| Ishares Russell 2000 Value E | COM | 464287630 |  | 1303 | 9400 | SH |  | SOLE | 1 | 9400 | 0 | 0 |
| Ishares Silver Trust | COM | 46428Q109 |  | 874 | 39672 | SH |  | SOLE | 1 | 39672 | 0 | 0 |
| iShares U.S. Preferred Stock ETF | COM | 464288687 |  | 51987 | 1703132 | SH |  | SOLE | 1 | 1703132 | 0 | 0 |
| John Hancock Investors Trust | COM | 410142103 |  | 300 | 23927 | SH |  | SOLE | 1 | 23927 | 0 | 0 |
| John Hancock Patriot Premium Dividend Fund II | COM | 41013T105 |  | 883 | 68251 | SH |  | SOLE | 1 | 68251 | 0 | 0 |
| John Hancock Preferred Income Fund | COM | 41013W108 |  | 692 | 43120 | SH |  | SOLE | 1 | 43120 | 0 | 0 |
| John Hancock Preferred Income III | COM | 41021P103 |  | 525 | 36388 | SH |  | SOLE | 1 | 36388 | 0 | 0 |
| John Hancock T/A Dividend Income Fund | COM | 41013V100 |  | 1094 | 47835 | SH |  | SOLE | 1 | 47835 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 540 | 3056 | SH |  | SOLE | 1 | 0 | 0 | 3056 |
| Jones Lang Lasalle Inc. | COM | 48020Q107 |  | 498597 | 3128082 | SH |  | SOLE | 1 2 | 2822555 | 0 | 305527 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 616 | 4590 | SH |  | SOLE | 1 | 0 | 0 | 4590 |
| Juniper Networks Inc. | COM | 48203R104 |  | 7 | 231 | SH |  | SOLE | 1 | 231 | 0 | 0 |
| Kayne Anderson MLP Investment | COM | 486606106 |  | 419 | 48910 | SH |  | SOLE | 1 | 48910 | 0 | 0 |
| Kimco Realty Corporation | COM | 49446R109 |  | 707705 | 33414135 | SH |  | SOLE | 1 2 | 20526102 | 0 | 12888033 |
| Kinder Morgan Inc. | COM | 49456B101 |  | 6677 | 369279 | SH |  | SOLE | 1 | 369279 | 0 | 0 |
| Kite Realty Group Trust | COM | 49803T300 |  | 146328 | 6951436 | SH |  | SOLE | 1 2 | 6420998 | 0 | 530438 |
| KKR Income Opportunities | COM | 48249T106 |  | 1981 | 179917 | SH |  | SOLE | 1 | 179917 | 0 | 0 |
| KLA Corporation | COM | 482480100 |  | 341 | 904 | SH |  | SOLE | 1 | 45 | 0 | 859 |
| Laboratory Corporation of America Holdings | COM | 50540R409 |  | 316 | 1340 | SH |  | SOLE | 1 | 0 | 0 | 1340 |
| Lamar Advertising Co | COM | 512816109 |  | 202255 | 2142530 | SH |  | SOLE | 1 | 906503 | 0 | 1236027 |
| Liberty All-Star Equity Fund | COM | 530158104 |  | 1425 | 250000 | SH |  | SOLE | 1 | 250000 | 0 | 0 |
| Life Storage Inc. | COM | 53223X107 |  | 49612 | 503673 | SH |  | SOLE | 1 2 | 247856 | 0 | 255817 |
| LXP Industrial Trust 6.5 Perp | PFD | 529043309 |  | 10546 | 222015 | SH |  | SOLE | 1 | 186042 | 0 | 35973 |
| Mainstay Cbre Glbl Infr Mega | COM | 56064Q107 |  | 1995 | 146177 | SH |  | SOLE | 1 | 146177 | 0 | 0 |
| Mainstay DefTerm Muni Opps | COM | 56064K100 |  | 1350 | 84085 | SH |  | SOLE | 1 | 84085 | 0 | 0 |
| MasterCard Incorporated | COM | 57636Q104 |  | 302 | 869 | SH |  | SOLE | 1 | 49 | 0 | 820 |
| McDonald's Corporation | COM | 580135101 |  | 367 | 1391 | SH |  | SOLE | 1 | 0 | 0 | 1391 |
| Medtronic plc | COM | G5960L103 |  | 254 | 3262 | SH |  | SOLE | 1 | 0 | 0 | 3262 |
| Merck  Co. Inc. | COM | 58933Y105 |  | 238 | 2148 | SH |  | SOLE | 1 | 0 | 0 | 2148 |
| MFS Multimarket Income Trust | COM | 552737108 |  | 2059 | 456440 | SH |  | SOLE | 1 | 456440 | 0 | 0 |
| MFS Municipal Income Trust | COM | 552738106 |  | 384 | 74125 | SH |  | SOLE | 1 | 74125 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 1535 | 6399 | SH |  | SOLE | 1 | 226 | 0 | 6173 |
| Mid-America Apartment Communities | COM | 59522J103 |  | 1539088 | 9803409 | SH |  | SOLE | 1 2 | 6656281 | 0 | 3147128 |
| Mondelez International Inc. Class A | COM | 609207105 |  | 1997 | 29969 | SH |  | SOLE | 1 | 29969 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 302 | 3553 | SH |  | SOLE | 1 | 0 | 0 | 3553 |
| Motorola Solutions Inc. | COM | 620076307 |  | 394 | 1529 | SH |  | SOLE | 1 | 167 | 0 | 1362 |
| MPLX LP | COM | 55336V100 |  | 23500 | 715601 | SH |  | SOLE | 1 | 715601 | 0 | 0 |
| Netstreit Corp | COM | 64119V303 |  | 158457 | 8644674 | SH |  | SOLE | 1 2 | 7519860 | 0 | 1124814 |
| Neuberger Berman Intmd Muni | COM | 64124P101 |  | 1385 | 132956 | SH |  | SOLE | 1 | 132956 | 0 | 0 |
| Neuberger Berman MLP Income | COM | 64129H104 |  | 724 | 108765 | SH |  | SOLE | 1 | 108765 | 0 | 0 |
| New America High Income Fund | COM | 641876800 |  | 2803 | 424681 | SH |  | SOLE | 1 | 424681 | 0 | 0 |
| Newmont Mining Corporation | COM | 651639106 |  | 3696 | 78300 | SH |  | SOLE | 1 | 78300 | 0 | 0 |
| Nextdecade Corp | COM | 65342K105 |  | 829 | 167899 | SH |  | SOLE | 1 | 167899 | 0 | 0 |
| NextEra Energy Inc. | COM | 65339F101 |  | 490401 | 5866037 | SH |  | SOLE | 1 2 | 5846122 | 0 | 19915 |
| Nextera Energy Partners LP | COM | 65341B106 |  | 24 | 336 | SH |  | SOLE | 1 | 336 | 0 | 0 |
| NIKE Inc. | COM | 654106103 |  | 344 | 2936 | SH |  | SOLE | 1 | 0 | 0 | 2936 |
| NiSource Inc. | COM | 65473P105 |  | 173418 | 6324494 | SH |  | SOLE | 1 2 | 6290157 | 0 | 34337 |
| Norfolk Southern Corporation | COM | 655844108 |  | 364879 | 1480719 | SH |  | SOLE | 1 2 | 1474152 | 0 | 6567 |
| Northrop Grumman Corporation | COM | 666807102 |  | 270 | 495 | SH |  | SOLE | 1 | 0 | 0 | 495 |
| Nutrien Ltd | COM | 67077M108 |  | 14924 | 204360 | SH |  | SOLE | 1 | 204360 | 0 | 0 |
| Nuveen Core Equity Alpha Fund | COM | 67090X107 |  | 1798 | 132811 | SH |  | SOLE | 1 | 132811 | 0 | 0 |
| Nuveen Dividend Adv Muni Fd 3 | COM | 67070X101 |  | 3917 | 324266 | SH |  | SOLE | 1 | 324266 | 0 | 0 |
| Nuveen Dividend Advan Muni Inc | COM | 67071L106 |  | 2171 | 178858 | SH |  | SOLE | 1 | 178858 | 0 | 0 |
| Nuveen Dividend Advantage Muni Fd | COM | 67066V101 |  | 3583 | 303643 | SH |  | SOLE | 1 | 303643 | 0 | 0 |
| Nuveen Dynamic Muni Opport | COM | 67079X102 |  | 669 | 67264 | SH |  | SOLE | 1 | 67264 | 0 | 0 |
| Nuveen Floating Rate Income | COM | 67072T108 |  | 3406 | 430000 | SH |  | SOLE | 1 | 430000 | 0 | 0 |
| Nuveen Floating Rate Income Opportunity Fund | COM | 6706EN100 |  | 920 | 117756 | SH |  | SOLE | 1 | 117756 | 0 | 0 |
| Nuveen Global High Income | COM | 67075G103 |  | 5166 | 459239 | SH |  | SOLE | 1 | 459239 | 0 | 0 |
| Nuveen Ins T/F Adv Municipal | COM | 670657105 |  | 3734 | 328392 | SH |  | SOLE | 1 | 328392 | 0 | 0 |
| Nuveen Multi-Strategy Income  Growth 2 | COM | 67073D102 |  | 5778 | 1135200 | SH |  | SOLE | 1 | 1135200 | 0 | 0 |
| Nuveen Municipal Credit Opp | COM | 670663103 |  | 2944 | 267891 | SH |  | SOLE | 1 | 267891 | 0 | 0 |
| Nuveen Municipal Value Fund | COM | 670928100 |  | 4599 | 534820 | SH |  | SOLE | 1 | 534820 | 0 | 0 |
| Nuveen NY AMT-Free Muni Inc | COM | 670656107 |  | 496 | 48385 | SH |  | SOLE | 1 | 48385 | 0 | 0 |
| Nuveen NY Dividend Adv Muni Fd | COM | 67066X107 |  | 400 | 37396 | SH |  | SOLE | 1 | 37396 | 0 | 0 |
| Nuveen Preferred  Income Term Fund | COM | 67075A106 |  | 3231 | 173899 | SH |  | SOLE | 1 | 173899 | 0 | 0 |
| Nuveen Preferred Income Opportunities Fund | COM | 67073B106 |  | 6817 | 936460 | SH |  | SOLE | 1 | 936460 | 0 | 0 |
| Nuveen Qual Pfd Inc Fund II | COM | 67072C105 |  | 4499 | 661640 | SH |  | SOLE | 1 | 661640 | 0 | 0 |
| Nuveen Real Asset Inc and Grow | COM | 67074Y105 |  | 2023 | 172921 | SH |  | SOLE | 1 | 172921 | 0 | 0 |
| Nuveen Real Estate Income Fund | COM | 67071B108 |  | 932 | 123325 | SH |  | SOLE | 1 | 123325 | 0 | 0 |
| Nuveen Select Tax Free | COM | 67062F100 |  | 946 | 68000 | SH |  | SOLE | 1 | 68000 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 248 | 1696 | SH |  | SOLE | 1 | 143 | 0 | 1553 |
| NXP Semiconductors N.V. | COM | N6596X109 |  | 35 | 224 | SH |  | SOLE | 1 | 224 | 0 | 0 |
| Occidental Petroleum Corporation | COM | 674599105 |  | 1295 | 20559 | SH |  | SOLE | 1 | 20559 | 0 | 0 |
| OGE Energy Corporation | COM | 670837103 |  | 35 | 896 | SH |  | SOLE | 1 | 896 | 0 | 0 |
| ON Semiconductor Corp. | COM | 682189105 |  | 7 | 117 | SH |  | SOLE | 1 | 117 | 0 | 0 |
| ONE Gas Inc W/I | COM | 68235P108 |  | 27 | 353 | SH |  | SOLE | 1 | 353 | 0 | 0 |
| Oneok Inc. | COM | 682680103 |  | 111360 | 1694978 | SH |  | SOLE | 1 2 | 1687612 | 0 | 7366 |
| Oracle Corporation | COM | 68389X105 |  | 29 | 349 | SH |  | SOLE | 1 | 349 | 0 | 0 |
| Palo Alto Networks Inc | COM | 697435105 |  | 10 | 72 | SH |  | SOLE | 1 | 72 | 0 | 0 |
| PBF ENERGY INC | COM | 69318G106 |  | 2306 | 56539 | SH |  | SOLE | 1 | 56539 | 0 | 0 |
| Pembina Pipeline Corp On Xnys | COM | 706327103 |  | 3220 | 94834 | SH |  | SOLE | 1 | 94834 | 0 | 0 |
| Pepsico Inc. | COM | 713448108 |  | 255 | 1414 | SH |  | SOLE | 1 | 0 | 0 | 1414 |
| Pfizer Inc. | COM | 717081103 |  | 113 | 2215 | SH |  | SOLE | 1 | 0 | 0 | 2215 |
| PG Corporation | COM | 69331C108 |  | 2380 | 146364 | SH |  | SOLE | 1 | 146364 | 0 | 0 |
| PGIM Short Duration High Yield FD | COM | 69346H100 |  | 9900 | 834077 | SH |  | SOLE | 1 | 834077 | 0 | 0 |
| Pgim Shrt Durat Hi Yld | COM | 69355J104 |  | 1919 | 130621 | SH |  | SOLE | 1 | 130621 | 0 | 0 |
| Philip Morris International Inc. | COM | 718172109 |  | 266 | 2630 | SH |  | SOLE | 1 | 0 | 0 | 2630 |
| Phillips 66 | COM | 718546104 |  | 15462 | 148558 | SH |  | SOLE | 1 | 145428 | 0 | 3130 |
| Piedmont Office Realty Trust A | COM | 720190206 |  | 1907 | 207934 | SH |  | SOLE | 1 | 207934 | 0 | 0 |
| Pilgrims Pride Corporation | COM | 72147K108 |  | 5402 | 227642 | SH |  | SOLE | 1 | 227642 | 0 | 0 |
| Pimco Access Income Fund | COM | 72203T100 |  | 6143 | 415324 | SH |  | SOLE | 1 | 415324 | 0 | 0 |
| Pimco Dynamic Income Fund | COM | 72201Y101 |  | 29554 | 1599226 | SH |  | SOLE | 1 | 1599226 | 0 | 0 |
| Pimco Dynamic Income Opport | COM | 69355M107 |  | 17534 | 1373041 | SH |  | SOLE | 1 | 1373041 | 0 | 0 |
| Pimco Energy  Tactical Cred | COM | 69346N107 |  | 2823 | 188986 | SH |  | SOLE | 1 | 188986 | 0 | 0 |
| PIMCO Global Stocksplus  In | COM | 722011103 |  | 2062 | 297519 | SH |  | SOLE | 1 | 297519 | 0 | 0 |
| PIMCO High Income Fund | COM | 722014107 |  | 5359 | 1133034 | SH |  | SOLE | 1 | 1133034 | 0 | 0 |
| PIMCO Income Strategy Fund II | COM | 72201J104 |  | 4922 | 696234 | SH |  | SOLE | 1 | 696234 | 0 | 0 |
| PIMCO Muni Income Fund III | COM | 72201A103 |  | 209 | 24000 | SH |  | SOLE | 1 | 24000 | 0 | 0 |
| PIMCO NY Muni Income Fund II | COM | 72200Y102 |  | 183 | 22957 | SH |  | SOLE | 1 | 22957 | 0 | 0 |
| Pioneer Diversified High Income | COM | 723653101 |  | 983 | 97563 | SH |  | SOLE | 1 | 97563 | 0 | 0 |
| Pioneer High Income Trust | COM | 72369H106 |  | 1035 | 159160 | SH |  | SOLE | 1 | 159160 | 0 | 0 |
| Pioneer Municipal High Income Trust | COM | 723763108 |  | 232 | 27000 | SH |  | SOLE | 1 | 27000 | 0 | 0 |
| Plains All American Pipeline LP | COM | 726503105 |  | 25148 | 2138462 | SH |  | SOLE | 1 | 2138462 | 0 | 0 |
| PNM Resources Inc. | COM | 69349H107 |  | 14878 | 304949 | SH |  | SOLE | 1 | 304949 | 0 | 0 |
| Portland General Electric Co. | COM | 736508847 |  | 12962 | 264531 | SH |  | SOLE | 1 | 264531 | 0 | 0 |
| PPL Corporation | COM | 69351T106 |  | 213214 | 7296858 | SH |  | SOLE | 1 2 | 7264337 | 0 | 32521 |
| Prologis Inc. | COM | 74340W103 |  | 4153675 | 36842785 | SH |  | SOLE | 1 2 | 27183350 | 0 | 9659435 |
| Prudential Gbl Shrt Dur Hi Yld | COM | 69346J106 |  | 9663 | 891410 | SH |  | SOLE | 1 | 891410 | 0 | 0 |
| Public Service Enterprise Group Incorporated | COM | 744573106 |  | 15040 | 245468 | SH |  | SOLE | 1 | 245468 | 0 | 0 |
| Public Storage | COM | 74460D109 |  | 2505703 | 8942184 | SH |  | SOLE | 1 2 | 6645369 | 0 | 2296815 |
| Putnam Managed Municipal Income Trust | COM | 746823103 |  | 294 | 46870 | SH |  | SOLE | 1 | 46870 | 0 | 0 |
| Realty Income Corporation | COM | 756109104 |  | 2448170 | 38593701 | SH |  | SOLE | 1 2 | 26372810 | 0 | 12220891 |
| Red Rock Resorts Inc. | COM | 75700L108 |  | 6 | 145 | SH |  | SOLE | 1 | 145 | 0 | 0 |
| Reliance Steel  Alu | COM | 759509102 |  | 3991 | 19713 | SH |  | SOLE | 1 | 19713 | 0 | 0 |
| Rexford Industrial Realty Inc | COM | 76169C100 |  | 146874 | 2688038 | SH |  | SOLE | 1 | 190201 | 0 | 2497837 |
| Rice Acquisition Corp Ii | COM | G75529118 |  | 8180 | 779016 | SH |  | SOLE | 1 | 779016 | 0 | 0 |
| Rlj Lodging Trust 7.8 Perp Sr:A  Cvt | PFD | 74965L200 |  | 10215 | 429400 | SH |  | SOLE | 1 | 186835 | 0 | 242565 |
| Royce Micro-Capital Trust Inc. | COM | 780915104 |  | 615 | 70884 | SH |  | SOLE | 1 | 70884 | 0 | 0 |
| Royce Value Trust | COM | 780910105 |  | 3045 | 229671 | SH |  | SOLE | 1 | 229671 | 0 | 0 |
| RPT Realty 7.25 CV Pr.D (RPT D) | PFD | 74971D200 |  | 1010 | 20218 | SH |  | SOLE | 1 | 20 | 0 | 20198 |
| Sabra Healthcare Reit Inc | COM | 78573L106 |  | 5 | 420 | SH |  | SOLE | 1 | 420 | 0 | 0 |
| salesforce.com inc. | COM | 79466L302 |  | 27 | 200 | SH |  | SOLE | 1 | 200 | 0 | 0 |
| SBA Communications Corporation | COM | 78410G104 |  | 313277 | 1117440 | SH |  | SOLE | 1 2 | 1088031 | 0 | 29409 |
| Schlumberger Ltd. | COM | 806857108 |  | 2132 | 39886 | SH |  | SOLE | 1 | 39886 | 0 | 0 |
| Sempra Energy | COM | 816851109 |  | 261772 | 1693876 | SH |  | SOLE | 1 2 | 1686960 | 0 | 6916 |
| Simon Property Group Inc. | COM | 828806109 |  | 2520351 | 21453700 | SH |  | SOLE | 1 2 | 15598762 | 0 | 5854938 |
| SITE Centers Corp | COM | 82981J109 |  | 149570 | 10951794 | SH |  | SOLE | 1 | 6815130 | 0 | 4136664 |
| Sjw Corp | COM | 784305104 |  | 32 | 392 | SH |  | SOLE | 1 | 392 | 0 | 0 |
| Solaredge Technologies Inc | COM | 83417M104 |  | 17 | 59 | SH |  | SOLE | 1 | 59 | 0 | 0 |
| Spdr Dow Jones Reit Etf | COM | 78464A607 |  | 41 | 473 | SH |  | SOLE | 1 | 473 | 0 | 0 |
| Spdr Gold Minishares Trust | COM | 98149E303 |  | 54935 | 1517962 | SH |  | SOLE | 1 | 1517962 | 0 | 0 |
| Spdr Gold Trust | COM | 78463V107 |  | 7554 | 44532 | SH |  | SOLE | 1 | 44532 | 0 | 0 |
| Spdr Port Shrt Trm Corp Bnd | COM | 78464A474 |  | 2624 | 89303 | SH |  | SOLE | 1 | 89303 | 0 | 0 |
| SPDR Trust Series 1 | COM | 78462F103 |  | 3521 | 9207 | SH |  | SOLE | 1 | 9207 | 0 | 0 |
| Spire Inc. | COM | 84857L101 |  | 44 | 639 | SH |  | SOLE | 1 | 639 | 0 | 0 |
| Spirit Realty Capital | COM | 84860W300 |  | 645554 | 16167668 | SH |  | SOLE | 1 2 | 11231643 | 0 | 4936025 |
| Sprott Physical Gold And Silver Trust | COM | 85208R101 |  | 6506 | 362868 | SH |  | SOLE | 1 | 362868 | 0 | 0 |
| Sprott Physical Gold Tr | COM | 85207H104 |  | 4029 | 285729 | SH |  | SOLE | 1 | 285729 | 0 | 0 |
| Sprott Physical Platin and Pal | COM | 85207Q104 |  | 841 | 61774 | SH |  | SOLE | 1 | 61774 | 0 | 0 |
| Sprott Physical Silver Trust | COM | 85207K107 |  | 2118 | 257014 | SH |  | SOLE | 1 | 257014 | 0 | 0 |
| Steel Dynamics Inc. | COM | 858119100 |  | 6279 | 64269 | SH |  | SOLE | 1 | 64269 | 0 | 0 |
| Store Capital Corp | COM | 862121100 |  | 33 | 1031 | SH |  | SOLE | 1 | 1031 | 0 | 0 |
| Sun Communities Inc. | COM | 866674104 |  | 1429794 | 9997515 | SH |  | SOLE | 1 2 | 6989962 | 0 | 3007553 |
| Taiwan Semiconductors ADR | ADR | 874039100 |  | 22 | 302 | SH |  | SOLE | 1 | 302 | 0 | 0 |
| Targa Resources Corp. | COM | 87612G101 |  | 73253 | 996643 | SH |  | SOLE | 1 2 | 992198 | 0 | 4445 |
| Target Corporation | COM | 87612E106 |  | 233 | 1561 | SH |  | SOLE | 1 | 0 | 0 | 1561 |
| TC Energy Corp | COM | 87807B107 |  | 2543 | 63792 | SH |  | SOLE | 1 | 63792 | 0 | 0 |
| Teck Resources Ltd-Cls B | COM | 878742204 |  | 5960 | 157580 | SH |  | SOLE | 1 | 157580 | 0 | 0 |
| Tekla Healthcare Investors | COM | 87911J103 |  | 2602 | 144528 | SH |  | SOLE | 1 | 144528 | 0 | 0 |
| Tekla Healthcare Opportunities Fund | COM | 879105104 |  | 1368 | 69045 | SH |  | SOLE | 1 | 69045 | 0 | 0 |
| Tekla Life Sciences Investors | COM | 87911K100 |  | 1181 | 83125 | SH |  | SOLE | 1 | 83125 | 0 | 0 |
| Teleflex Inc. | COM | 879369106 |  | 242 | 971 | SH |  | SOLE | 1 | 0 | 0 | 971 |
| Tellurian Inc | COM | 87968A104 |  | 67 | 39944 | SH |  | SOLE | 1 | 39944 | 0 | 0 |
| Tesla Motors Inc. | COM | 88160R101 |  | 202 | 1641 | SH |  | SOLE | 1 | 33 | 0 | 1608 |
| The Bank of New York Mellon Corporation | COM | 064058100 |  | 69 | 1513 | SH |  | SOLE | 1 | 0 | 0 | 1513 |
| The Boeing Company | COM | 097023105 |  | 247 | 1296 | SH |  | SOLE | 1 | 0 | 0 | 1296 |
| The Goldman Sachs Group Inc. | COM | 38141G104 |  | 400 | 1164 | SH |  | SOLE | 1 | 0 | 0 | 1164 |
| The Home Depot Inc. | COM | 437076102 |  | 265 | 839 | SH |  | SOLE | 1 | 0 | 0 | 839 |
| The PNC Financial Services Group Inc. | COM | 693475105 |  | 106 | 670 | SH |  | SOLE | 1 | 0 | 0 | 670 |
| The Procter  Gamble Company | COM | 742718109 |  | 429 | 2829 | SH |  | SOLE | 1 | 0 | 0 | 2829 |
| The Southern Company | COM | 842587107 |  | 75234 | 1053554 | SH |  | SOLE | 1 | 1053554 | 0 | 0 |
| The Walt Disney Company | COM | 254687106 |  | 263 | 3022 | SH |  | SOLE | 1 | 0 | 0 | 3022 |
| The Williams Companies Inc. | COM | 969457100 |  | 16172 | 491564 | SH |  | SOLE | 1 | 491564 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 345 | 626 | SH |  | SOLE | 1 | 0 | 0 | 626 |
| Thornburg Income Builder Opp | COM | 885213108 |  | 1816 | 127172 | SH |  | SOLE | 1 | 127172 | 0 | 0 |
| T-Mobile US Inc. | COM | 872590104 |  | 11 | 80 | SH |  | SOLE | 1 | 80 | 0 | 0 |
| TRICON CAPITAL GROUP INC | COM | 89612W102 |  | 108498 | 14072358 | SH |  | SOLE | 1 | 12416690 | 0 | 1655668 |
| Tyson Foods Inc. | COM | 902494103 |  | 2973 | 47752 | SH |  | SOLE | 1 | 47752 | 0 | 0 |
| UDR Inc. | COM | 902653104 |  | 1211378 | 31276317 | SH |  | SOLE | 1 2 | 22500612 | 0 | 8775705 |
| Union Pacific Corporation | COM | 907818108 |  | 23104 | 111574 | SH |  | SOLE | 1 | 111574 | 0 | 0 |
| United Parcel Service Inc. | COM | 911312106 |  | 311 | 1788 | SH |  | SOLE | 1 | 0 | 0 | 1788 |
| UnitedHealth Group Incorporated | COM | 91324P102 |  | 459 | 865 | SH |  | SOLE | 1 | 0 | 0 | 865 |
| Vale S.A. ADR | ADR | 91912E105 |  | 11718 | 690504 | SH |  | SOLE | 1 | 690504 | 0 | 0 |
| Valero Energy Corporation | COM | 91913Y100 |  | 4134 | 32584 | SH |  | SOLE | 1 | 32584 | 0 | 0 |
| Vaneck Pharmaceutical Etf | COM | 92189F692 |  | 913 | 11748 | SH |  | SOLE | 1 | 11748 | 0 | 0 |
| Vanguard Reit Etf | COM | 922908553 |  | 15068 | 182170 | SH |  | SOLE | 1 | 182170 | 0 | 0 |
| Vanguard S 500 ETF | COM | 922908363 |  | 3519 | 10017 | SH |  | SOLE | 1 | 10017 | 0 | 0 |
| Vanguard S/T Corp Bond Etf | COM | 92206C409 |  | 3008 | 40000 | SH |  | SOLE | 1 | 40000 | 0 | 0 |
| Ventas Inc. | COM | 92276F100 |  | 21106 | 468494 | SH |  | SOLE | 1 | 468494 | 0 | 0 |
| Verizon Communications Inc. | COM | 92343V104 |  | 540 | 13708 | SH |  | SOLE | 1 | 579 | 0 | 13129 |
| VICI Properties Inc. | COM | 925652109 |  | 72783 | 2246394 | SH |  | SOLE | 1 | 672714 | 0 | 1573680 |
| Visa Inc. | COM | 92826C839 |  | 322 | 1549 | SH |  | SOLE | 1 | 123 | 0 | 1426 |
| Voya Global Equity Dividend | COM | 92912T100 |  | 908 | 167827 | SH |  | SOLE | 1 | 167827 | 0 | 0 |
| Wal-Mart Stores Inc. | COM | 931142103 |  | 199 | 1403 | SH |  | SOLE | 1 | 0 | 0 | 1403 |
| Waste Management Inc. | COM | 94106L109 |  | 15 | 97 | SH |  | SOLE | 1 | 97 | 0 | 0 |
| Wells Fargo  Co. 7.5 | PFD | 949746804 |  | 1363 | 1150 | SH |  | SOLE | 1 | 1150 | 0 | 0 |
| Wells Fargo Advantage Income Fund | COM | 94987B105 |  | 9905 | 1550102 | SH |  | SOLE | 1 | 1550102 | 0 | 0 |
| Wells Fargo Advantage Multi-Sector Fund | COM | 94987D101 |  | 1409 | 143767 | SH |  | SOLE | 1 | 143767 | 0 | 0 |
| Welltower Inc. | COM | 95040Q104 |  | 3115366 | 47524992 | SH |  | SOLE | 1 2 | 32844625 | 0 | 14680367 |
| Western Asset Divers Inc | COM | 95790K109 |  | 5380 | 423583 | SH |  | SOLE | 1 | 423583 | 0 | 0 |
| Western Asset Emerging Marke | COM | 95766A101 |  | 2369 | 260000 | SH |  | SOLE | 1 | 260000 | 0 | 0 |
| Western Asset Global Corp. | COM | 95790C107 |  | 2166 | 169581 | SH |  | SOLE | 1 | 169581 | 0 | 0 |
| Western Asset Global High In | COM | 95766B109 |  | 3286 | 483252 | SH |  | SOLE | 1 | 483252 | 0 | 0 |
| Western Asset High Yield Defined Opportunity Fd. | COM | 95768B107 |  | 1728 | 138478 | SH |  | SOLE | 1 | 138478 | 0 | 0 |
| Western Asset Municipal Part | COM | 95766P108 |  | 219 | 18823 | SH |  | SOLE | 1 | 18823 | 0 | 0 |
| Wework Inc | COM | 96209A104 |  | 6224 | 4352711 | SH |  | SOLE | 1 | 3152080 | 0 | 1200631 |
| Weyerhaeuser Company | COM | 962166104 |  | 128391 | 4140869 | SH |  | SOLE | 1 | 3978396 | 0 | 162473 |
| Willis Group Holdings plc | COM | G96629103 |  | 343 | 1403 | SH |  | SOLE | 1 | 0 | 0 | 1403 |
| Wolfspeed Inc | COM | 977852102 |  | 7 | 98 | SH |  | SOLE | 1 | 98 | 0 | 0 |
| Workday Inc. | COM | 98138H101 |  | 29 | 171 | SH |  | SOLE | 1 | 171 | 0 | 0 |
| Xylem Inc. | COM | 98419M100 |  | 11 | 99 | SH |  | SOLE | 1 | 99 | 0 | 0 |
| ZEBRA TECHNOLOGIES Corp.CL A | COM | 989207105 |  | 21 | 82 | SH |  | SOLE | 1 | 82 | 0 | 0 |
| Zimmer Energy Transition Acquisition Corp | COM | 989570205 |  | 14863 | 1502065 | SH |  | SOLE | 1 | 1502065 | 0 | 0 |

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