# EDGAR Filing Document

**Accession Number:** 0000938772
**File Stem:** 0000088053-25-000696
**Filing Date:** 2025-8
**Character Count:** 48587
**Document Hash:** 02361a8de3fbbdc95c699530a1737035
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000088053-25-000696.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000088053-25-000696

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RREEF AMERICA LLC
- **CENTRAL INDEX KEY:** 0000938772

**ORGANIZATION NAME:**
- **EIN:** 582364506
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04760
- **FILM NUMBER:** 251215735

**BUSINESS ADDRESS:**
- **STREET 1:** 222 SOUTH RIVERSIDE PLAZA
- **STREET 2:** 34TH FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3125379247

**MAIL ADDRESS:**
- **STREET 1:** 222 SOUTH RIVERSIDE PLAZA
- **STREET 2:** 34TH FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RREEF REAL ESTATE SECURITIES ADVISERS L P
- **DATE OF NAME CHANGE:** 19980520

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0000938772

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** RREEF AMERICA LLC

**Address:** 222 South Riverside Plaza, 26th Floor, Chicago, IL 60606

**Telephone number:** 2124544500

**Name of agent for service:** Jonathan Panek

**Agent Address:** DWS Investment Management Americas, Inc., New York, NY 10022

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-04760

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 529900ETVH54K2OIRO19

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                          | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                           | VOTE CATEGORY                |     SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| American Healthcare REIT, Inc.          | 398182303 | 11/07/2024     | To approve, on an advisory (non-binding) basis, the compensation paid to our named executive officers of the year ended December 31, 2023.                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 309022           |       0          | FOR         |                         309022           | FOR                         |  |
| Atmos Energy Corporation                | 049560105 | 02/05/2025     | Proposal for an advisory vote by shareholders to approve the compensation of the Company's named executive officers for fiscal 2024 ("Say-on-Pay").                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 387286           |  314687          | FOR         |                         387286           | FOR                         |  |
| CenterPoint Energy, Inc.                | 15189T107 | 04/16/2025     | Approve the advisory resolution on executive compensation.                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.99975e+06 |       1.7686e+06 | FOR         |                              1.99975e+06 | FOR                         |  |
| Brixmor Property Group Inc.             | 11120U105 | 04/23/2025     | To approve, on a non-binding advisory basis, the compensation paid to our named executive officers.                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 580506           |       0          | FOR         |                         580506           | FOR                         |  |
| Edison International                    | 281020107 | 04/24/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 398666           |       0          | FOR         |                         398666           | FOR                         |  |
| Healthpeak Properties, Inc.             | 42250P103 | 04/24/2025     | Approval of 2024 executive compensation on an advisory basis.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 356488           |       0          | FOR         |                         356488           | FOR                         |  |
| Park Hotels  Resorts Inc.               | 700517105 | 04/25/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  11488           |       0          | FOR         |                          11488           | FOR                         |  |
| STAG Industrial, Inc.                   | 85254J102 | 04/28/2025     | The approval, by non-binding vote, of executive compensation.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |     31           |       0          | FOR         |                             31           | FOR                         |  |
| CareTrust REIT, Inc.                    | 14174T107 | 04/29/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |     73           |       0          | AGAINST     |                             73           | AGAINST                     |  |
| Exelon Corporation                      | 30161N101 | 04/29/2025     | Advisory vote to approve the compensation paid to Exelon's named executive officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      4.90855e+06 |       0          | FOR         |                              4.90855e+06 | FOR                         |  |
| FMC Corporation                         | 302491303 | 04/29/2025     | Approval, by non-binding vote, of executive compensation.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   4590           |       0          | AGAINST     |                           4590           | AGAINST                     |  |
| The Williams Companies, Inc.            | 969457100 | 04/29/2025     | Approve, on an Advisory Basis, the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      4.42955e+06 |       0          | FOR         |                              4.42955e+06 | FOR                         |  |
| Corteva, Inc.                           | 22052L104 | 04/30/2025     | Advisory resolution to approve executive compensation of the Company's named executive officers.                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  30098           |       0          | FOR         |                          30098           | FOR                         |  |
| Coterra Energy Inc.                     | 127097103 | 04/30/2025     | A non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  19730           |       0          | FOR         |                          19730           | FOR                         |  |
| First Industrial Realty Trust, Inc.     | 32054K103 | 04/30/2025     | To approve, on an advisory (i.e. non-binding) basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement for the 2025 Annual Meeting.                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 185590           |       0          | FOR         |                         185590           | FOR                         |  |
| Duke Energy Corporation                 | 26441C204 | 05/01/2025     | Advisory vote to approve Duke Energy's named executive officer compensation                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 158860           |       0          | FOR         |                         158860           | FOR                         |  |
| Entergy Corporation                     | 29364G103 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  13216           |  117264          | FOR         |                          13216           | FOR                         |  |
| Smurfit WestRock Plc                    | G8267P108 | 05/02/2025     | Approve, in a non-binding, advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  26099           |       0          | FOR         |                          26099           | FOR                         |  |
| Smurfit WestRock Plc                    | G8267P108 | 05/02/2025     | Approve, in a non-binding, advisory vote, the frequency of future non-binding, advisory votes to approve named executive officer compensation.                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  26099           |       0          | ONE YEAR    |                          26099           | FOR                         |  |
| DT Midstream, Inc.                      | 23345M107 | 05/06/2025     | To approve, on an advisory (non-binding) basis, the compensation of the Company's Named Executive Officers;                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 631543           |   76061          | FOR         |                         631543           | FOR                         |  |
| EPR Properties                          | 26884U109 | 05/06/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in these proxy materials.                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 167941           |       0          | FOR         |                         167941           | FOR                         |  |
| Terreno Realty Corporation              | 88146M101 | 05/06/2025     | Adoption of a resolution to approve, on a non-binding advisory basis, the compensation of certain executives, as more fully described in the proxy statement.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 127140           |       0          | FOR         |                         127140           | FOR                         |  |
| American Homes 4 Rent                   | 02665T306 | 05/07/2025     | Advisory Vote to Approve American Homes 4 Rent's Named Executive Officer Compensation.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 200383           |       0          | FOR         |                         200383           | FOR                         |  |
| Darling Ingredients Inc.                | 237266101 | 05/07/2025     | Advisory vote to approve, on an advisory basis, executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  11520           |       0          | FOR         |                          11520           | FOR                         |  |
| Dominion Energy, Inc.                   | 25746U109 | 05/07/2025     | Advisory Vote on Approval of Executive Compensation (Say on Pay)                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  53010           |  176040          | FOR         |                          53010           | FOR                         |  |
| Federal Realty Investment Trust         | 313745101 | 05/07/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  57862           |       0          | FOR         |                          57862           | FOR                         |  |
| Public Storage                          | 74460D109 | 05/07/2025     | Advisory vote to approve the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  92205           |       0          | FOR         |                          92205           | FOR                         |  |
| Regency Centers Corporation             | 758849103 | 05/07/2025     | Approval, in an advisory vote, of the Company's executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  34100           |       0          | FOR         |                          34100           | FOR                         |  |
| Ameren Corporation                      | 023608102 | 05/08/2025     | COMPANY PROPOSAL - ADVISORY APPROVAL OF COMPENSATION OF THE NAMED EXECUTIVE OFFICERS DISCLOSED IN THE PROXY STATEMENT.                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  10294           |   92646          | FOR         |                          10294           | FOR                         |  |
| Norfolk Southern Corporation            | 655844108 | 05/08/2025     | Approval of the advisory resolution on executive compensation, as disclosed in the proxy statement for the 2025 Annual Meeting of Shareholders.                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  49047           |       0          | FOR         |                          49047           | FOR                         |  |
| Nucor Corporation                       | 670346105 | 05/08/2025     | Approval, on an advisory basis, of Nucor's named executive officer compensation in 2024                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   3400           |       0          | FOR         |                           3400           | FOR                         |  |
| Prologis, Inc.                          | 74340W103 | 05/08/2025     | Advisory Vote to Approve the Company's Executive Compensation for 2024.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 231984           |       0          | FOR         |                         231984           | FOR                         |  |
| Ryman Hospitality Properties, Inc.      | 78377T107 | 05/08/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  50791           |       0          | FOR         |                          50791           | FOR                         |  |
| Essential Properties Realty Trust, Inc. | 29670E107 | 05/12/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers, as more particularly described in the Proxy Statement; and                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 523594           |       0          | FOR         |                         523594           | FOR                         |  |
| NiSource Inc.                           | 65473P105 | 05/12/2025     | To approve named executive officer compensation on an advisory basis.                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      3.73876e+06 |   46475          | FOR         |                              3.73876e+06 | FOR                         |  |
| Sempra                                  | 816851109 | 05/13/2025     | Advisory approval of our executive compensation                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 161597           |       0          | FOR         |                         161597           | FOR                         |  |
| Sun Communities, Inc.                   | 866674104 | 05/13/2025     | To approve, by a non-binding advisory vote, executive compensation.                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 116636           |       0          | FOR         |                         116636           | FOR                         |  |
| Ventas, Inc.                            | 92276F100 | 05/13/2025     | Approval, on an advisory basis, of the compensation of named executive officers of Ventas, Inc.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 279719           |       0          | FOR         |                         279719           | FOR                         |  |
| American Tower Corporation              | 03027X100 | 05/14/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.30524e+06 |       0          | FOR         |                              1.30524e+06 | FOR                         |  |
| Host Hotels  Resorts, Inc.              | 44107P104 | 05/14/2025     | Advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |    142           |       0          | FOR         |                            142           | FOR                         |  |
| Independence Realty Trust, Inc.         | 45378A106 | 05/14/2025     | The Board of Directors recommends: a vote FOR the advisory, non-binding resolution to approve the Company's executive compensation.                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 405902           |       0          | FOR         |                         405902           | FOR                         |  |
| Simon Property Group, Inc.              | 828806109 | 05/14/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 205304           |       0          | AGAINST     |                         205304           | AGAINST                     |  |
| Agree Realty Corporation                | 008492100 | 05/15/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 226610           |       0          | FOR         |                         226610           | FOR                         |  |
| Bunge Global SA                         | H11356104 | 05/15/2025     | Advisory Vote to Approve Named Executive Officer Compensation Under U.S. Securities Law Requirements;                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |   4646           |       0          | FOR         |                           4646           | FOR                         |  |
| Cheniere Energy, Inc.                   | 16411R208 | 05/15/2025     | Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2024.                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 130299           |       0          | FOR         |                         130299           | FOR                         |  |
| Cleveland-Cliffs Inc.                   | 185899101 | 05/15/2025     | Approval, on an advisory basis, of Cleveland-Cliffs Inc.'s named executive officers' compensation.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  57907           |       0          | FOR         |                          57907           | FOR                         |  |
| Kinder Morgan, Inc.                     | 49456B101 | 05/15/2025     | Approval, on an advisory basis, of the compensation of our named executive officers, as disclosed in the Proxy Statement                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      3.85909e+06 |       0          | FOR         |                              3.85909e+06 | FOR                         |  |
| NetSTREIT Corp.                         | 64119V303 | 05/15/2025     | Approval, on an advisory basis, of the compensation of NETSTREIT Corp.'s named executive officers.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |     79           |       0          | FOR         |                             79           | FOR                         |  |
| Rayonier Inc.                           | 754907103 | 05/15/2025     | Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in the proxy statement.                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  21229           |       0          | FOR         |                          21229           | FOR                         |  |
| PPL Corporation                         | 69351T106 | 05/16/2025     | Advisory vote to approve compensation of named executive officers                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  25316           |  194658          | FOR         |                          25316           | FOR                         |  |
| Waste Connections, Inc.                 | 94106B101 | 05/16/2025     | Say-on-Pay - Approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's Proxy Statement.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   7656           |       0          | FOR         |                           7656           | FOR                         |  |
| Consolidated Edison, Inc.               | 209115104 | 05/19/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 568041           |     100          | FOR         |                         568041           | FOR                         |  |
| CubeSmart                               | 229663109 | 05/20/2025     | To cast an advisory vote to approve our executive compensation.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 235779           |       0          | FOR         |                         235779           | FOR                         |  |
| Kilroy Realty Corporation               | 49427F108 | 05/20/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |     22           |       0          | FOR         |                             22           | FOR                         |  |
| Mid-America Apartment Communities, Inc. | 59522J103 | 05/20/2025     | Advisory (non-binding) vote to approve the compensation of our named executive officers as disclosed in the proxy statement.                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 119830           |       0          | FOR         |                         119830           | FOR                         |  |
| NexPoint Residential Trust, Inc.        | 65341D102 | 05/20/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |   8054           |       0          | FOR         |                           8054           | FOR                         |  |
| Targa Resources Corp.                   | 87612G101 | 05/20/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers for the fiscal year ended December 31, 2024.                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 203707           |       0          | FOR         |                         203707           | FOR                         |  |
| AvalonBay Communities, Inc.             | 053484101 | 05/21/2025     | To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the Company's Named Executive Officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables and any related material disclosed in the proxy statement. | SECTION 14A SAY-ON-PAY VOTES | 112000           |       0          | FOR         |                         112000           | FOR                         |  |
| Crown Castle Inc.                       | 22822V101 | 05/21/2025     | The non-binding, advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 841569           |   37668          | FOR         |                         841569           | FOR                         |  |
| Diamondback Energy, Inc.                | 25278X109 | 05/21/2025     | The approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   2737           |       0          | FOR         |                           2737           | FOR                         |  |
| Equinix, Inc.                           | 29444U700 | 05/21/2025     | Approval, by a non-binding advisory vote, of the compensation of our named executive officers                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  41581           |       0          | FOR         |                          41581           | FOR                         |  |
| Ingredion Incorporated                  | 457187102 | 05/21/2025     | To approve, by advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   4170           |       0          | FOR         |                           4170           | FOR                         |  |
| ONEOK, Inc.                             | 682680103 | 05/21/2025     | An advisory vote to approve ONEOK, Inc.'s executive compensation.                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      1.66737e+06 |       0          | FOR         |                              1.66737e+06 | FOR                         |  |
| Pinnacle West Capital Corporation       | 723484101 | 05/21/2025     | To hold an advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 450628           |  130346          | FOR         |                         450628           | FOR                         |  |
| Plains All American Pipeline, L.P.      | 726503105 | 05/21/2025     | The approval, on a non-binding advisory basis, of our 2024 named executive officer compensation.                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.29157e+06 |       0          | FOR         |                              1.29157e+06 | FOR                         |  |
| Venture Global, Inc.                    | 92333F101 | 05/21/2025     | Advisory vote on executive compensation.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 827817           |   12603          | FOR         |                         827817           | FOR                         |  |
| Venture Global, Inc.                    | 92333F101 | 05/21/2025     | Advisory vote on "say-on-pay" frequency.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 827817           |   12603          | ONE YEAR    |                         827817           | AGAINST                     |  |
| Xcel Energy Inc.                        | 98389B100 | 05/21/2025     | Approval of Xcel Energy Inc.'s executive compensation in an advisory vote (say on pay vote)                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  14119           |  133363          | FOR         |                          14119           | FOR                         |  |
| EastGroup Properties, Inc.              | 277276101 | 05/22/2025     | To approve, by a non-binding, advisory vote, the compensation of the Company's Named Executive Officers as described in the Company's definitive proxy statement.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  59266           |       0          | FOR         |                          59266           | FOR                         |  |
| NextEra Energy, Inc.                    | 65339F101 | 05/22/2025     | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 199738           |       0          | FOR         |                         199738           | FOR                         |  |
| ONE Gas, Inc.                           | 68235P108 | 05/22/2025     | Advisory vote to approve the Company's executive compensation.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 148238           |  112151          | FOR         |                         148238           | FOR                         |  |
| PG Corporation                          | 69331C108 | 05/22/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.01343e+07 |       0          | FOR         |                              1.01343e+07 | FOR                         |  |
| Vornado Realty Trust                    | 929042109 | 05/22/2025     | NON-BINDING, ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 287282           |       0          | FOR         |                         287282           | FOR                         |  |
| Welltower Inc.                          | 95040Q104 | 05/22/2025     | The approval, on an advisory basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 221433           |       0          | FOR         |                         221433           | FOR                         |  |
| SBA Communications Corporation          | 78410G104 | 05/23/2025     | Approval, on an advisory basis, of the compensation of SBA's named executive officers.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 151908           |   65080          | FOR         |                         151908           | FOR                         |  |
| Exxon Mobil Corporation                 | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  15160           |       0          | FOR         |                          15160           | FOR                         |  |
| Iron Mountain Incorporated              | 46284V101 | 05/29/2025     | The approval of a non-binding, advisory resolution approving the compensation of our named executive officers as described in the Iron Mountain Incorporated Proxy Statement.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 146590           |       0          | FOR         |                         146590           | FOR                         |  |
| The Mosaic Company                      | 61945C103 | 05/29/2025     | An advisory vote to approve the compensation of our named executive officers as disclosed in the Proxy Statement.                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  28132           |       0          | FOR         |                          28132           | FOR                         |  |
| SL Green Realty Corp.                   | 78440X887 | 06/03/2025     | To approve, on a non-binding advisory basis, our executive compensation.                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  23456           |       0          | AGAINST     |                          23456           | AGAINST                     |  |
| Expand Energy Corporation               | 165167735 | 06/05/2025     | To approve on an advisory basis our named executive officer compensation for 2024.                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   3380           |       0          | FOR         |                           3380           | FOR                         |  |
| Digital Realty Trust, Inc.              | 253868103 | 06/06/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers, as more fully described in the accompanying Proxy Statement (Say-on-Pay).                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  87194           |       0          | FOR         |                          87194           | FOR                         |  |
| American Healthcare REIT, Inc.          | 398182303 | 06/25/2025     | To approve, on an advisory (non-binding) basis, the compensation paid to our named executive officers for the year ended December 31, 2024.                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 306220           |       0          | FOR         |                         306220           | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** RREEF AMERICA LLC

**By (Signature):** /s/Freddi Klassen

**By (Printed Signature):** /s/Freddi Klassen

**By (Title):** CAO Investment Division

**Date:** 08/01/2025