Spreadsheet: 54cade0a-a04a-4403-8e21-2cf026cc1fa1
Sheet: Sheet1

REIT | Security Description | Ticker Symbol | Cash Distribution Per Share | Taxable Ordinary Dividend | Short Term Capital Gain | Return of Capital | 28% Rate Gain | 20% Rate Gain | [NAME]. 1250 Gain | Final/ Estimated
Acadia Realty Trust | Common | AKR | 0.36 | 0.1494 | 0 | 0.2106 | 0 | 0 | 0 | F
Aegis Realty Inc. | Common | AER | 0.9771 | 0.655 | 0 | 0.3221 | 0 | 0 | 0 | F
Agree Realty Corporation | Common | ADC | 1.84 | 1.44 |  | 0.4 |  |  |  | F
Alexandria Real Estate Equities | Common | ARE | 1.66 | 1.66 | 0 | 0 | 0 | 0 | 0 | F
AMB Property Corporation | Common | AMB | 1.53 | 1.1409 | 0 | 0 | 0 | 0.2833 | 0.1058 | F
 | Preferred A | AMBprA | 1.59375 | 1.1883 | 0 | 0 | 0 | 0.2952 | 0.1104 | F
American Health Properties, Inc. | Common | AHE | 2.26 | 0.9516 | 0 | 1.3084 | 0 | 0 | 0 | F
 | Preferred B | AHEprB | 1.6125 | 1.6125 |  |  |  |  |  | F
American Industrial Properties REIT | Common | IND | 0.84 | 0.7475999999999999 | 0 | 0.0924 | 0 | 0 | 0 | F
American Real Estate Investment Corp. | Common | REA | 0.656 | 0.656 | 0 | 0 | 0 | 0 | 0 | F
AmeriVest Properties Inc. | Common | AMVP | 0.48 | 0.26 | 0 | 0.22 | 0 | 0 | 0 | F
Amli Residential Property Trust | Common | AML | 1.81 | 0.8396922761118107 | 0 | 0 | 0 | 0.6588373328768365 | 0.3114703910113529 | F
 | Preferred A | AML | 1.81 | 0.8396922761118107 | 0 | 0 | 0 | 0.6588373328768365 | 0.3114703910113529 | F
 | Preferred B | AML | 1.81 | 0.8396922761118107 | 0 | 0 | 0 | 0.6588373328768365 | 0.3114703910113529 | F
AMRESCO Capital Trust | Common | AMCT | 1.59 | 1.42 | 0 | 0.17 | 0 | 0 | 0 | F
Annaly Mortgage Management, Inc. | Common | NLY | 1.38 | 1.37 | 0 | 0 | 0 | 0.01 | 0 | F
Apartment Investment & Management Co. | Common | AIV | 2.5 | 2.0352 | 0 | 0.16 | 0 | 0.12 | 0.1848 | F
 | Preferred C | [NAME] | 2.25 | 2.25 |  |  |  |  |  | F
 | Preferred D | AIVprD | 2.1875 | 2.1875 |  |  |  |  |  | F
 | Preferred G | AIVprG | 2.34375 | 2.34375 |  |  |  |  |  | F
 | Preferred H | AIVprH | 2.375 | 2.375 |  |  |  |  |  | F
 | Preferred K | AIVprK | 1.5 | 1.5 |  |  |  |  |  | F
Archstone Properties | Common | ASN | 1.48 | 1.258 | 0 | 0.1184 | 0 | 0.014504 | 0.08909600000000001 | F
 | Preferred A | ASNprA | 1.9936 | 1.834112 | 0 | 0 | 0 | 0.02232832000000001 | 0.13715968 | F
 | Preferred B | ASNprB | 2.25 | 2.07 | 0 | 0 | 0 | 0.0252 | 0.1548 | F
 | Preferred C | ASNprC | 2.1564 | 1.983888 | 0 | 0 | 0 | 0.02415168000000001 | 0.14836032 | F
 | Preferred D | ASNprD | 0.8811 | 0.8106120000000001 | 0 | 0 | 0 | 0.009868320000000003 | 0.06061968 | F
Arden Realty, Inc. | Common | ARI | 1.715 | 1.63 |  | 0.085 |  |  |  | F
Associated Estates Realty Corp. | Common | AEC | 1.125 | 0.4409999999999999 | 0 | 0.2553 | 0 | 0.2511 | 0.1776 | F
 | Preferred A | AECprA | 2.43752 | 1.235824 | 0 | 0 | 0 | 0.703468 | 0.498228 | F
Avalon Bay Communities, Inc. | Common | AVB | 2.06 | 1.5656 | 0 | 0 | 0 | 0.2266 | 0.2678 | F
 | Preferred C | AVB | 2.125 | 1.615 | 0 | 0 | 0 | 0.23375 | 0.27625 | F
 | Preferred D | AVB | 2 | 1.52 | 0 | 0 | 0 | 0.22 | 0.26 | F
 | Preferred F | AVB | 2.25 | 1.71 | 0 | 0 | 0 | 0.2475 | 0.2925 | F
 | Preferred G | AVB | 2.24 | 1.7024 | 0 | 0 | 0 | 0.2464 | 0.2912 | F
 | Preferred H | AVB | 2.175 | 1.653 | 0 | 0 | 0 | 0.23925 | 0.28275 | F
Banyan Strategic Realty Trust | Common | BSRTS | 0.48 | 0.19 | 0 | 0 | 0 | 0.1722 | 0.1178 | F
Bedford Property Investors | Pre-Stock Split
 | Common | BED | 0.78 | 0.7593300000000001 | 0 | 0 | 0 | 0.01794 | 0.00293 | F
 | Post-Stock Split
 | Common | BED | 1.56 | 1.51826 | 0 | 0 | 0 | 0.03588 | 0.00546 | F
[NAME] | Common | BRI | 0.7425 | 0 | 0 | 0 | 0 | 0 | 0.7425 | F
Boddie Noell Properties | Common | BNP | 1.24 | 0.624 | 0 | 0.616 | 0 | 0 | 0 | F
Boston Properties | Common | BXP | 2.081543429 | 2.081543429 |  |  |  |  |  | F
 | Preferred | BXP | 2.06029 | 2.06028589 |  |  |  |  |  | F
Boykin Lodging Company | Common | BOY | 1.88 | 1.46452 | 0 | 0.41548 | 0 | 0 | 0 | F
Bradley Real Estate, Inc. | Common | BTR | 1.49 | 1.35415 | 0 | 0.03239 | 0 | 0 | 0.10346 | F
 | Preferred A | BTRprA | 2.1 | 1.95423 | 0 | 0 | 0 | 0 | 0.14577 | F
Brandywine Realty Trust | Common | BDN | 1.57 | 1.4412 | 0 | 0 | 0 | 0.0417 | 0.0871 | F
BRE Properties, Inc. | Common | BRE | 1.56 | 1.49 | 0 | 0 | 0 | 0.01 | 0.06 | F
 | Preferred A | BREprA | 1.95975 | 1.95975 |  |  |  |  |  | F
Burnham Pacific Properties, Inc. | Common | BPP | 1.05 | 0.6528 | 0 | 0.35 | 0 | 0.004 | 0.0432 | F
Cabot Industrial Trust | Common | CTR | 1.21 | 1.21 |  |  |  |  |  | F
Camden Property Trust | Common | CPT | 2.08 | 2.08 |  |  |  |  |  | F
 | Preferred A | CPTprA | 2.25 | 2.25 |  |  |  |  |  | F
Capital Automotive REIT | Common | CARS | 1.18 | 1.18 |  |  |  |  |  | F
Captec Net Lease Realty, Inc. | Common | CRRR | 1.515 | 1.2846 | 0 | 0.2304 | 0 | 0 | 0 | F
CarrAmerica Realty Corporation | Common | CRE | 1.85 | 1.4556 | 0 | 0 | 0 | 0.2292 | 0.1652 | F
 | Preferred A |  | 1.85 | 1.4556 | 0 | 0 | 0 | 0.2292 | 0.1652 | F
 | Preferred B | CREprB | 2.1424 | 1.6856 | 0 | 0 | 0 | 0.2656 | 0.1916 | F
 | Preferred C | CREprC | 2.1376 | 1.6816 | 0 | 0 | 0 | 0.2648 | 0.1912 | F
 | Preferred D | CREprD | 2.1124 | 1.662 | 0 | 0 | 0 | 0.262 | 0.1888 | F
CBL & Associates Properties, Inc. | Common | CBL | 1.95 | 1.716 | 0 | 0.234 | 0 | 0 |  | F
 | Preferred A | CBLprA | 2.25 | 2.25 |  |  |  |  |  | F
Cedar Income Fund | Common | CEDR | 0.4 | 0.1744 | 0 | 0.2256 | 0 | 0 | 0 | F
Center Trust Inc. | Common | CTA | 1.44 | 0.2372 |  | 0.8192 | 0 |  | 0.3836 | F
CenterPoint Properties | Common | CNT | 1.9 | 1.5012 | 0 | 0.3988 |  |  |  | F
 | Preferred A | CNTprA | 2.12 | 2.12 |  |  |  |  |  | F
 | Preferred B | CNTprB | 1.9583 | 1.9583 |  |  |  |  |  | F
Century Realty Trust | Common | CRLTS | 0.8 | 0.7236 | 0 | 0.0764 | 0 | 0 | 0 | F
[NAME] Residential Realty, Inc. | Common | SRW | 2.155 | 1.99 | 0 | 0 |  | 0.096 | 0.069 | F
Chateau Communities, Inc. | Common | CPJ | 1.94 | 1.336 | 0 | 0.604 | 0 | 0 | 0 | F
Chelsea GCA Realty, Inc. | Common | CCG | 2.88 | 2.016 | 0 | 0.864 | 0 |  |  | F
 | Preferred | CCGpr | 4.1875 | 4.1875 |  |  |  |  |  | F
Colonial Properties Trust | Common | [NAME] | 2.32 | 1.82764 | 0 | 0.40256 | 0 | 0 | 0.0898 | F
 | Preferred A | CLPprA | 2.1876 | 2.1876 |  |  |  |  |  | F
Commercial Net Lease Realty | Common | NNN | 1.23996 | 1.12268 | 0 | 0.093 | 0 | 0.0068 | 0.01748 | F
Cornerstone Properties, Inc. | Common | CPP | 1.2 | 0.9001199999999999 | 0.02292 | 0.24 | 0 | 0.01368 | 0.02328 | F
Cornerstone Realty Income Trust | Reporting as an independent company during the first half of 1999
 | Common | TCR | 0.8 | 0.712 | 0 | 0.08800000000000001 | 0 | 0 | 0 | F
 | Reporting as a merged company during the second half of 1999
 | Common | TCR | 0.27 | 0.2403 | 0 | 0.0297 | 0 | 0 | 0 | F
Corporate Office Properties, Inc. | Common | OFC | 0.74 | 0.5816 | 0.0052 | 0 | 0 | 0.0472 | 0.106 | F
 | Preferred B | OFCprB | 1.305 | 1.0256 | 0.0092 | 0 | 0 | 0.0833 | 0.1869 | F
Correctional Properties Trust | Common | CPV | 1.43 | 1.2827 | 0 | 0.14728 | 0 | 0 | 0 | F
Cousins Properties | Common | CUZ | 1.68 | 1.6757 | 0 | 0 | 0 | 0.0043 | 0 | F
Crescent Real Estate Equities, Ltd. | Common | CEI | 2.2 | 1.1 | 0 | 1.0532 | 0 | 0.0432 | 0.0036 | F
 | Preferred A | CEIprA | 1.688 | 1.6228 | 0 | 0 | 0 | 0.06 | 0.0052 | F
CRIIMI MAE, Inc. | Common | CMM | 0.3 | 0.3 |  |  |  |  |  | F
Crown American Realty Trust | Common | CWN | 0.815 | 0.0406 | 0 | 0.7744 |  |  |  | F
 | Preferred A | CWNprA | 5.5 | 5.5 |  |  |  |  |  | F
CV REIT, Inc. | Common | CVI | 1.16 | 1.0248 | 0 | 0 | 0 | 0.1352 | 0 | F
Developers Diversified Realty Corp. | Common | DDR | 1.206401698171217 | 1.206401698171217 |  |  |  |  |  | F
 | Preferred A | DDRprA | 2.375 | 2.375 |  |  |  |  |  | F
 | Preferred B | DDRprB | 2.36 | 2.36 |  |  |  |  |  | F
 | Preferred C | [NAME] | 2.093748 | 2.093748 |  |  |  |  |  | F
 | Preferred D | DDRprD | 2.17 | 2.17 |  |  |  |  |  | F
Duke-Weeks Realty Investment | Common | DRE | 1.46 | 1.3842 | 0 | 0.0558 | 0 | 0 | 0.02 | F
 | Preferred A | DREprA | 2.275 | 2.275 |  |  |  |  |  | F
 | Preferred B | n.a. | 3.995 | 3.995 |  |  |  |  |  | F
 | Preferred D | DREprD | 1.84376 | 1.84376 |  |  |  |  |  | F
 | Preferred E | DREprE | 1.95939 | 1.95939 |  |  |  |  |  | F
 | Preferred F | DREprF | 1 | 1 |  |  |  |  |  | F
EastGroup Properties, Inc. | Common | EGpr | 1.48 | 1.48 |  |  |  |  |  | F
 | Preferred A | EGPprA | 2.25 | 2.25 |  |  |  |  |  | F
ElderTrust | Common | ETT | 1.46 | 0.1232 |  | 1.3368 |  |  |  | F
Entertainment Properties Trust | Common | EPR | 1.32792 | 1.32792 |  |  |  |  |  | F
Equity Inns, Inc. | Common | ENN | 1.24 | 0.836 | 0 | 0.404 | 0 | 0 | 0 | F
 | Preferred A | ENNprA | 2.375 | 2.375 |  |  |  |  |  | F
Equity Office Properties Trust | Common | EOP | 1.58 | 1.3006 | 0 | 0 | 0 | 0.1622 | 0.1172 | F
 | Preferred A | EOPprA | 2.245 | 1.8481 | 0 | 0 | 0 | 0.2304 | 0.1665 | F
 | Preferred B | EOPprB | 2.625 | 2.1609 | 0 | 0 | 0 | 0.2692 | 0.1949 | F
 | Preferred C | EOPprC | 2.625 | 2.1609 | 0 | 0 | 0 | 0.2692 | 0.1949 | F
Equity Residential Properties Trust | Common | EQR | 2.94 | 2.559717286468015 |  | 0.2611231408054304 |  | 0.08794155272003949 | 0.03121802000651505 | F
 | Preferred A | EQRprA | 2.34375 | 2.248756718170795 | 0 | 0 | 0 | 0.07010646741074576 | 0.02488681441845907 | F
 | Preferred B | EQRprB | 2.28125 | 2.188789872352907 | 0 | 0 | 0 | 0.06823696161312587 | 0.02422316603396682 | F
 | Preferred C | EQRprC | 2.28125 | 2.188789872352907 | 0 | 0 | 0 | 0.06823696161312587 | 0.02422316603396683 | F
 | Preferred D | EQRprD | 2.15 | 2.062859496135343 | 0 | 0 | 0 | 0.06431099943812411 | 0.02282950442653311 | F
 | Preferred E | EQRprE | 1.75 | 1.679071682900861 | 0 | 0 | 0 | 0.05234616233335683 | 0.01858215476578277 | F
 | Preferred F | EQRprF | 2.4125 | 2.314720248570472 | 0 | 0 | 0 | 0.07216292378812764 | 0.02561682764140053 | F
 | Preferred G | EQRprG | 1.8125 | 1.739038528718748 | 0 | 0 | 0 | 0.05421566813097672 | 0.01924580315027501 | F
 | Preferred H | EQRprH | 1.75 | 1.679071682900861 | 0 | 0 | 0 | 0.05234616233335684 | 0.01858215476578277 | F
 | Preferred  I | EQRprI | 1.65375 | 1.586722740341313 | 0 | 0 | 0 | 0.04946712340502221 | 0.01756013625366472 | F
 | Preferred J | EQRprJ | 2.15 | 2.062859496135343 | 0 | 0 | 0 | 0.06431099943812411 | 0.02282950442653312 | F
 | Preferred K | EQRprK | 4.145 | 3.977001214642323 | 0 | 0 | 0 | 0.1239856244981509 | 0.04401316085952547 | F
 | Preferred L | EQRprL | 1.906252 | 1.828990716384646 | 0 | 0 | 0 | 0.05701998665159208 | 0.02024129696376168 | F
Essex Property Trust, Inc. | Common | ESS | 2.15 | 2.15 |  |  |  |  |  | F
Federal Realty Investment Trust | Common | FRT | 1.77 | 1.605 | 0 | 0.165 | 0 | 0 | 0 | F
 | Preferred A | FRTprA | 1.9875 | 1.9875 | 0 | 0 | 0 | 0 | 0 | F
FelCor Lodging Trust | Common | FCH | 2.2 | 2.042 | 0 | 0.158 | 0 |  |  | F
 | Preferred A | FCHprA | 1.95 | 1.95 |  |  |  |  |  | F
 | Preferred B | FCHprB | 2.25 | 2.25 |  |  |  |  |  | F
Fifty Associates | Common | FFTY | 3 | 3 |  |  |  |  |  | F
First Industrial Realty Trust | Common | FR | 2.42 | 2.136134 | 0 | 0.283866 | 0 | 0 | 0 | F
 | Preferred A | FRprA | 2.375 | 2.375 |  |  |  |  |  | F
 | Preferred B | FRprB | 2.1875 | 2.1875 |  |  |  |  |  | F
 | Preferred C | FRprC | 2.15624 | 2.15624 |  |  |  |  |  | F
 | Preferred D | FRpr | 1.98748 | 1.98748 |  |  |  |  |  | F
 | Preferred E | FRprE | 1.975 | 1.975 |  |  |  |  |  | F
First REIT of New Jersey | Common | FREVS | 2.25 | 2.25 |  |  |  |  |  | F
First Union Real Estate Investments | Common | FUR | 0.31 | 0 | 0 | 0 | 0 | 0.31 | 0 | F
 | Preferred A | FURprA | 2.625 | 0 | 0 | 0 | 0 | 2.625 | 0 | F
First Washington Realty Trust | Common | FRW | 1.95 | 1.95 |  |  |  |  |  | F
 | Preferred A | FRWprA | 2.4376 | 2.4376 |  |  |  |  |  | F
Franchise Finance Corp. Of America | Common | FFA | 1.96 | 1.96 |  |  |  |  |  | F
G&L Realty Corp. | Common | GLR | 1.295 | 0 | 0 | 1.2372 | 0 | 0.0578 | 0 | F
 | Preferred A | GLRprA | 2.561999999999999 | 2.561999999999999 |  |  |  |  |  | F
Gables Residential Trust | Common | GBP | 2.08 | 1.578 | 0 | 0.3756 | 0 | 0.042 | 0.0844 | F
 | Preferred A | GBPprA | 2.075 | 1.921 | 0 | 0 | 0 | 0.0512 | 0.1028 | F
General Growth Properties | Common | GGP | 1.94 | 1.27 | 0 | 0.6 | 0 | 0.07 | 0 | F
 | Preferred A | GGPprA | 1.8124 | 1.7216 | 0 | 0 | 0 | 0.0908 | 0 | F
Glenborough Realty Trust Incorporated. | Common | GLB | 1.68 | 1.178807160504846 | 0 | 0.4076176915294074 | 0 | 0.09357514796574644 | 0 | F
 | Preferred A | GLBprA | 1.9375 | 1.82958223262879 | 0 | 0 | 0 | 0.1079177673712106 | 0 | F
Glimcher Realty Trust | Common | GRT | 1.9232 | 1.2027 | 0 | 0.6914 | 0 | 0.0251 | 0.004 | F
 | Preferred B | GRTprB | 2.3125 | 2.257932 | 0 | 0 | 0 | 0.047086 | 0.007482 | F
Golf Trust of America | Common | GTA | 1.76 | 1.72 | 0 | 0.04 |  |  |  | E
 | Preferred A | GTA | 1.728022 | 1.69795 | 0 | 0.03 |  |  |  | E
Great Lakes REIT, Inc. | Common | GL | 1.34 | 1.08875 | 0 | 0 | 0 | 0.219224 | 0.03202600000000001 | F
 | Preferred | GLprA | 2.342725 | 2.342725 |  |  |  |  |  | F
Grove Property Trust | Common | GVE | 0.72 | 0.41211604 | 0 | 0 | 0 | 0.18776044 | 0.12012276 | F
Hanover Capital Mortgage Holdings | Common | HCM | 0.4 | 0.4 |  |  |  |  |  | F
Health Care Property Investors, Inc. | Common | HCP | 2.78 | 2.0261 | 0 | 0.5045 | 0 | 0.1397 | 0.1097 | F
 | Preferred A | HCPprA | 1.9688 | 1.7514 | 0 | 0 | 0 | 0.1217 | 0.0957 | F
 | Preferred B | HCPprB | 2.1752 | 1.935 | 0 | 0 | 0 | 0.1345 | 0.1057 | F
 | Preferred C | HCPprC | 0.7167 | 0.6376 | 0 | 0 | 0 | 0.0443 | 0.0348 | F
Health Care REIT, Inc. | Common | HCN | 2.26 | 2.212 | 0 | 0 | 0 | 0.023 | 0.03 | F
 | Preferred B | HCNprB | 2.2188 | 2.1668 | 0 | 0 | 0 | 0.0222 | 0.0299 | F
Highwoods Properties, Inc. | Common | HIW | 2.19 | 1.7047 |  |  |  | 0.3278 | 0.1575 | F
 | Preferred A | HIWprA | 86.25 | 67.137 |  |  |  | 12.9116 | 6.2014 | F
 | Preferred B | HIWprB | 2 | 1.5568 |  |  |  | 0.2994 | 0.1438 | F
 | Preferred D | HIWprD | 2 | 1.5668 |  |  |  | 0.2994 | 0.1438 | F
Home Properties of New York, Inc. | Common | HME | 1.97 | 1.68632 | 0 | 0.2836799999999999 | 0 | 0 | 0 | F
Horizon Group Properties, Inc. | The company did not pay any dividends in 1999.
Hospitality Properties Trust | Common | HPT | 2.06 | 2.06 |  |  |  |  |  | F
Host Marriott Corporation | Data applicable to those who elected to take a cash dividend on 02/11/99
 | Common | HMT | 1.84 | 1.7664 | 0 | 0 | 0 | 0.0736 | 0 | F
 | Data applicable to those who elected to take a stock dividend on 02/11/99
 | Common | HMT | 1.8704 | 1.795584 | 0 | 0 | 0 | 0.07481600000000001 | 0 | F
 | Preferred A | HMT-A | 1.125 | 1.08 | 0 | 0 | 0 | 0.045 | 0 | F
 | Preferred B | HMT-B | 0.325 | 0.312 | 0 | 0 | 0 | 0.013 |  | F
HRPT Properties Trust | Common | HRP | 3.11 | 1.194 | 0 | 1.239 | 0 | 0.383 | 0.294 | F
Humphrey Hospitality Trust, Inc. | Common | HUMP | 0.9 | 0.6390000000000001 | 0 | 0.261 | 0 | 0 | 0 | F
Impac Commercial Holding, Inc. | Common | ICH | 0.25 | 0.021983775 | 0 | 0.228016225 | 0 | 0 | 0 | E
 | Preferred B | ICHprB | 0.8677083285590179 | 0.07630201864267008 | 0 | 0.7914063099163477 | 0 | 0 | 0 | E
IMPAC Mortgage Holdings, Inc. | Common | IMH | 0.35 | 0.1379 | 0 | 0.2121 | 0 | 0 | 0 | E
 | Preferred B | IMHprB | 2.0015 | 2.0015 | 0 | 0 | 0 | 0 | 0 | E
Income Opportunity Realty Trust | Common | IORT | 0.6 | 0 | 0 | 0.6 | 0 | 0 | 0 | F
IndyMac Mortgage Holdings, Inc. | Common | NDE | 1.74 | 1.60254 | 0 | 0.13746 | 0 | 0 | 0 | F
Innkeepers USA Trust | Common | KPA | 1.12 | 1.12 |  |  |  |  |  | F
 | Preferred | KPApr | 2.15624 | 2.15624 |  |  |  |  |  | F
IRT Property Company | Common | IRT | 0.93 | 0.7867999999999999 | 0 | 0 | 0 | 0.0494 | 0.0938 | F
Irvine Apartment Communities | Common | IAC | 0.385 | 0.385 |  |  |  |  |  | F
Jameson Inns, Inc. | Common | JAMS | 0.97 | 0.4762 | 0 | 0.4938 | 0 | 0 | 0 | F
 | Preferred A | JAMSprA | 2.3125 | 2.3125 |  |  |  |  |  | F
 | Preferred S | JAMSprS | 0.677 | 0.677 |  |  |  |  |  | F
JDN Realty Corporation | Common | JDN | 1.545 | 1.3807665 | 0 | 0 | 0 | 0.105678 | 0.0585555 | E
 | Preferred A | JDNprA | 2.344 | 2.0948328 | 0 | 0 | 0 | 0.1603296 | 0.0888376
JP Realty, Inc. | Common | JP | 1.875 | 1.4419 | 0 | 0.4331 | 0 | 0 | 0 | F
Keystone Property Trust | Common | KRT | 0.295 | 0.295 |  |  |  |  |  | F
Kilroy Realty Corporation | Common | KRC | 1.665 | 1.506 | 0 | 0.147 | 0 | 0 | 0.012 | F
Kimco Realty Corporation | Common | [NAME] | 2.37 | 2.37 |  |  |  |  |  | F
 | Preferred A | KIMprA | 1.9375 | 1.9375 |  |  |  |  |  | F
 | Preferred B | KIMprB | 2.125 | 2.125 |  |  |  |  |  | F
 | Preferred C | [NAME],C | 2.0938 | 2.0938 |  |  |  |  |  | F
 | Preferred D | [NAME],D | 1.875 | 1.875 |  |  |  |  |  | F
Koger Equity, Inc. | Common | KE | 1.3 | 1.3 |  |  |  |  |  | E
Konover Property Trust, Inc. | Common | KPT | 0.5 | 0.162375 | 0 | 0.337625 | 0 | 0 | 0 | F
Kranzco Realty Trust | Common | KRT | 1.61 | 1.1945 |  | 0.3356 |  | 0.009 | 0.07089999999999999 | F
 | Preferred B-1 | KRTpr | 2.4376 | 2.4376 |  |  |  |  |  | F
 | Preferred B-2 | KRTpr | 2.4376 | 2.4376 |  |  |  |  |  | F
 | Preferred D | KRTpr | 2.3752 | 2.3752 |  |  |  |  |  | F
LaSalle Hotel Properties | Common | LHO | 1.515 | 1.3802 | 0 | 0.1348 | 0 | 0 | 0 | F
Lexford Residential Trust | Common | LFT | 1.216900946852227 | 0.6357090546356031 | 0 | 0.5811918922166235 | 0 | 0 | 0 | F
Lexington Corporate Properties, Inc. | Common | LXP | 1.2 | 1.0441 | 0 | 0 | 0 | 0.0978 | 0.0581 | F
 | Preferred | LXPpr | 1.26 | 1.26 |  |  |  |  |  | F
Liberty Property Trust | Common | LRY | 1.87 | 1.87 |  |  |  |  |  | F
 | Preferred A | LRYprA | 2.2 | 2.2 |  |  |  |  |  | F
LTC Properties, Inc. | Common | LTC | 1.56 | 1.185132 | 0 | 0.374868 | 0 | 0 | 0 | F
 | Preferred A | LTCprA | 2.375 | 2.375 |  |  |  |  |  | F
 | Preferred B | LTCprB | 2.25 | 2.25 |  |  |  |  |  | F
 | Preferred C | LTCprC | 1.63625 | 1.63625 |  |  |  |  |  | F
Macerich Company, The | Common | MAC | 1.965 | 1.2969 | 0 | 0 |  | 0.6093000000000001 | 0.05880000000000001 | F
 | Preferred A | MAC | 1.965 | 1.2969 | 0 | 0 |  | 0.6093000000000001 | 0.05880000000000001 | F
 | Preferred B | MAC | 1.965 | 1.2969 | 0 | 0 |  | 0.6093000000000001 | 0.05880000000000001 | F
Mack-Cali Realty Corporation | Common | CLI | 2.23 | 2.19 | 0 | 0 | 0 | 0.02 | 0.02 | F
Malan Realty Investors, Inc. | Common | MAL | 1.7 | 0.5544 | 0 | 0.918 | 0 | 0.2056 | 0.022 | F
Manufactured Home Communities, Inc. | Common | MHC | 1.1625 | 1.1625 |  |  |  |  |  | F
Meditrust Corporation | Common | MT | 1.84 | 1.66176 | 0 | 0.17304 | 0 | 0 | 0.0052 | F
 | Preferred A | MTpr | 2.25 | 2.243 | 0 | 0 | 0 | 0 | 0.007 | F
MeriStar Hospitality Corporation | Common | MHX | 2.02 | 2.02
MGI Properties | Common | MGI | 24.16 | Under the provisions of the Internal Revenue Code,distributions made after the adoption
 |  |  |  | of a Plan of Liquidation are considered liquidating distributions and will not be dividend
 |  |  |  | income when received by shareholders.  Distributions in liquidation are first applied to
 |  |  |  | reduce a shareholder's tax basis in his or her shares of MGI with the excess, if any,
 |  |  |  | generally constituting a capital gain, short or long term, as applicable.  Shareholders are
 |  |  |  | urged to consult their own tax advisors concerning the tax consequences to them of
 |  |  |  | the receipt of these distributions and the appropriate reporting of these distributions.
Mid-Atlantic Realty Trust | Common | MRR | 1.05 | 0.90405 | 0 | 0.14595 | 0 | 0 | 0 | F
Mills Corporation, The | Common | MLS | 1.995 | 0.9734999999999999 | 0 | 1.0016 | 0 | 0.0199 | 0 | F
Monmouth Real Estate Investment Corp. | Common | MNRTA | 0.575 | 0.4624 | 0 | 0.09890000000000002 | 0 | 0.0137 | 0 | F
National Golf Properties, Inc. | Common | TEE | 1.77 | 1.5576 | 0 | 0.2124 | 0 | 0 | 0
National Health Realty | Common | NHR | 1.33 | 1.26 | 0 | 0.07 | 0 | 0 | 0 | F
Nationwide Health Properties, Inc. | Common | NHP | 1.8 | 1.2968 | 0 | 0.3988 | 0 | 0.0295 | 0.0749 | F
 | Preferred | NHPpr | 7.677 | 7.2317 | 0 | 0 | 0 | 0.1257 | 0.3196 | F
New Plan Excel Realty Trust | Common | NXL | 1.215 | 1.132 | 0 | 0 | 0 | 0.08299999999999999 | 0 | F
 | Preferred A | NXLprA | 1.59375 | 1.48485 | 0 | 0 | 0 | 0.1089 | 0 | F
 | Preferred B | NXLprB | 2.15625 | 2.0089008 | 0 | 0 | 0 | 0.1473492 | 0 | F
 | Preferred D | n.a. | 3.7375 | 3.48211 | 0 | 0 | 0 | 0.25539 | 0 | F
Omega Healthcare Investors, Inc. | Common | OHI | 2.8 | 2.1 |  | 0.7 |  |  |  | F
 | Preferred A | OHIprA | 2.3125 | 2.3125 |  |  |  |  |  | F
 | Preferred B | OHIprB | 2.156 | 2.156 |  |  |  |  |  | F
One Liberty Properties, Inc. | Common | OLpr | 1.2 | 0.8653 | 0 | 0 | 0 | 0.3347 | 0 | F
 | Preferred | OLPpr | 1.6 | 1.6 |  |  |  |  |  | F
Pacific Gulf Properties | Common | PAG | 1.72 | 1.52 | 0 | 0.04 | 0 | 0.12 | 0.04 | F
Pan Pacific Retail Properties | Common | PNP | 1.58 | 1.455994 | 0 | 0.124006 | 0 | 0 | 0 | F
Parkway Properties, Inc. | Common | PKY | 1.9 | 1.9 |  |  |  |  |  | F
 | Preferred A | PKYprA | 2.1876 | 2.1876 |  |  |  |  |  | F
Pennsylvania Real Estate Investment Trust | Common | PEI | 1.88 | 1.674 | 0 | 0 | 0 | 0.173 | 0.033 | F
Philips International Realty Corporation | Common | PHR | 1.3628 | 1.3628 |  |  |  |  |  | F
Plum Creek Timber Company | Common | PCL | 1.14 | 0 | 0 | 0.5484676799999999 | 0 | 0.59153232 | 0 | F
Post Properties, Inc. | Common | PPS | 2.75 | 2.2869 | 0 | 0.243375 | 0 | 0.1617 | 0.058025 | E
 | Preferred A | PPSprA | 4.25 | 3.87715625 | 0 | 0 | 0 | 0.27455 | 0.098175 | E
 | Preferred B | PPSprA | 1.90624 | 1.739062752 | 0 | 0 | 0 | 0.123143104 | 0.044034144 | E
 | Preferred C | [NAME] | 1.90624 | 1.739062752 | 0 | 0 | 0 | 0.123143104 | 0.044034144 | E
Prentiss Properties Trust | Common | PP | 1.72 | 1.5288 | 0 | 0.1741 | 0 | 0.0171 | 0 | F
Prime Group Realty Trust | Common | PGE | 1.40961 | 1.08413 | 0 | 0 | 0 | 0.31149 | 0.01399 | F
 | Preferred A | n.a. | 1.5 | 1.5 |  |  |  |  |  | F
 | Preferred B | PGEprB | 2.25 | 2.25 |  |  |  |  |  | F
Prime Retail, Inc. | Common | PRT | 1.18 | 0.271282 | 0 | 0.9087179999999999 | 0 | 0 | 0 | F
 | Preferred A | PRTprA | 2.625 | 2.625 |  |  |  |  |  | F
 | Preferred B | PRTprB | 2.125 | 2.125 |  |  |  |  |  | F
Prison Realty Trust | Common | PZN | 1.8 | 1.8 |  |  |  |  |  | E
 | Preferred A | PZNprA | 2 | 2 |  |  |  |  |  | E
ProLogis | Common | PLD | 1.2999 | 0.843 | 0.0075 | 0.1116 | 0 | 0.2722 | 0.0656 | F
 | Preferred A | PLDprA | 2.35 | 1.652 | 0.0148 | 0 | 0 | 0.5504 | 0.1328 | F
 | Preferred B | PLDprB | 1.75 | 1.23 | 0.0112 | 0 | 0 | 0.41 | 0.0988 | F
 | Preferred C | PLDprC | 4.27 | 3.0012 | 0.0272 | 0 | 0 | 1.0004 | 0.2412 | F
 | Preferred D | PLDprD | 1.98 | 1.3916 | 0.0128 | 0 | 0 | 0.464 | 0.1116 | F
 | Preferred E | [NAME] | 1.6407 | 1.1532 | 0.0105 | 0 | 0 | 0.3843 | 0.0927 | F
PS Business Parks, Inc. | Common | PSB | 1 | 1 |  |  |  |  |  | F
Public Storage, Inc. | Common | PSA | 1.5 | 1.5 |  |  |  |  |  | F
Ramco-Gershenson Properties Trust | Common | RPT | 1.68 | 1.1072 | 0 | 0.5728 | 0 | 0 | 0 | F
Realty Income Corporation | Common | O | 2.085 | 1.846784 | 0 | 0.198636 | 0 | 0.026434 | 0.013146 | F
 | Preferred B | OprB | 1.39966 | 1.37309 | 0 | 0 | 0 | 0.017745 | 0.008825 | F
 | Preferred C | OprC | 0.9894999999999999 | 0.970716 | 0 | 0 | 0 | 0.012545 | 0.006239 | F
Reckson Associates Realty Corp. | Common A | RA | 1.3326 | 1.23594 |  |  |  | 0.09666000000000002 |  | F
 | Common B | RA.B | 0.9831000000000001 | 0.9117899999999999 |  |  |  | 0.0713100000000001 |  | F
 | Preferred A | RAprA | 1.9064 | 1.76812 |  |  |  | 0.1382800000000002 |  | F
 | Preferred B | n.a. | 0.8122567599999999 | 0.75334 |  |  |  | 0.05891675999999996 |  | F
Regency Realty Corporation | Common | REG | 1.84 | 1.38 | 0 | 0.4232 | 0 | 0.0368 | 0 | F
RFS Hotel Investors, Inc. | Common | [NAME] | 1.54 | 1.54 |  |  |  |  |  | F
 | Preferred | RFSpr | 1.45 | 1.45 |  |  |  |  |  | F
Roberts Realty Investors | Common | RPI | 1.0905 | 0.12416 | 0 | 0.7515377000000001 | 0 | 0.1329843 | 0.0818181 | F
Rouse Company, The | Common | RSE | 1.2 | 1.2 |  |  |  |  |  | F
 | Preferred B |  | 3 | 3 |  |  |  |  |  | F
Saul Centers, Inc. | Common |  | 1.56 | 1.344 | 0 | 0.216 | 0 | 0 | 0 | F
Senior Housing Properties Trust | Common | SNH | 0.6 | 0.6 |  |  |  |  |  | F
Shurgard Storage Center, Inc. | Common | SHU | 1.99 | 1.9102 | 0 | 0.03539999999999999 | 0 | 0.0445 | 0
Simon Property Group, Inc. | Common | SprG | 2.02 | 1.0504 | 0 | 0.7676 | 0 | 0.202 |  | F
 | Preferred B | SPGprB | 6.5 | 6.5 |  |  |  |  |  | F
 | Preferred C | SPGprC | 3.945 | 3.945 |  |  |  |  |  | F
SL Green Realty Corp. | Common | SLG | 1.2 | 1.1 | 0 | 0.1 | 0 | 0 | 0 | F
Sovran Self Storage, Inc. | Common | SSS | 2.25 | 2.0122 | 0 | 0.18 | 0 | 0.0578 | 0 | F
 | Preferred B | SSS-B | 1.0329 | 1.0037 | 0 | 0 | 0 | 0.0292 | 0 | F
Spieker Properties | Common | SprK | 2.4 | 2.3005381 | 0 | 0 | 0 | 0.0688481 | 0.0306138 | F
 | Preferred B | SPKprB | 2.3625 | 2.2645922 | 0 | 0 | 0 | 0.06777230000000001 | 0.0301355 | F
 | Preferred C | SPKprC | 1.96875 | 1.88716 | 0 | 0 | 0 | 0.0564769 | 0.0251129 | F
 | Preferred E | SPKprE | 2 | 1.9171152 | 0 | 0 | 0 | 0.0573732 | 0.0255116 | F
St. Joe Company, The | Common | JOE | 0.02 | 0.02 |  |  |  |  |  | F
Starwood Financial Trust | Common | SFI | 1.8805 | 1.8323 |  |  |  | 0.04816 |  | F
 | Preferred B | SFIprB | 0.58594 | 0.58594 |  |  |  |  |  | F
 | Prefrerred C | SFIprC | 0.575 | 0.575 |  |  |  |  |  | F
 | Preferred D | SFIprD | 0.5 | 0.5 |  |  |  |  |  | F
Starwood Hotels And Resorts | Common | HOT | 0.6 | 0.6 |  |  |  |  |  | F
Storage USA | Common | SUS | 2.68 | 2.2876 |  | 0.3924 |  |  |  | F
Summit Properties Inc. | Common | SMT | 1.66 | 1.3944 | 0 | 0.0998 | 0 | 0.09939999999999999 | 0.0664 | F
Sun Communities, Inc. | Common | SUI | 2.02 | 1.2928 | 0 | 0.3918 | 0 | 0.2748 | 0.0606 | F
Sunstone Hotel Investors, Inc. | Common | SSI | 0.57 |  |  | 0.57 |  |  |  | F
Tanger Factory Outlet Centers, Inc. | Common | SKT | 2.415 | 1.3284 | 0 | 1.0386 | 0 | 0.048 | 0 | F
 | Preferred A | SKTprA | 2.1759 | 2.1324 | 0 | 0 | 0 | 0.0435 | 0 | F
Tarragon Realty Investors | Common | TARR | 0.42 | 0.1772 | 0 | 0.2428 | 0 | 0 | 0 | F
Taubman Centers | Common | TCO | 0.965 | 0.5116 | 0 | 0.4534 | 0 | 0 | 0 | F
 | Preferred A | TCOprA | 2.075 | 2.075 |  |  |  |  |  | F
Thornburg Mortgage Asset Corp. | Common | TMA | 0.92 | 0.92 | 0 | 0 | 0 | 0 | 0 | F
 | Preferred A | TMAprA | 2.42 | 2.42 | 0 | 0 | 0 | 0 | 0 | F
Tower Realty Trust | Common | TOW | 0.6732 |  |  |  |  |  | 0.6732 | F
 | Preferred A | n.a. | 0.6732 |  |  |  |  |  | 0.6732 | F
Town and Country Trust, The | Common | TCT | 1.64 | 1.1316 | 0 | 0.5084 | 0 | 0 | 0 | F
Transcontinental Realty Investors | Reporting as an independent company during first three quarters of 1999
 | Common | TCI | 0.45 | 0 | 0 | 0 | 0 | 0.45 | 0 | F
 | Reporting as a merged company during the fourth quarter of 1999
 | Common | TCI | 0.15 | 0 | 0 | 0 | 0 | 0.15 | 0 | F
TriNet Corporate Realty Trust | Common | TRI | 2.6 | 1.5896 | 0 | 1.0104 |  |  |  | F
U.S. Restaurant Properties, Inc. | Common | USV | 1.79 | 0.356993304 | 0 | 1.433006696 | 0 | 0 | 0 | F
 | Preferred A | USVprA | 1.93 | 1.93 | 0 | 0 | 0 | 0 | 0 | F
United Dominion Realty Trust, Inc. | Common | UDR | 1.0575 | 0.6196999999999999 | 0 | 0.3089 | 0 | 0.1289 | 0 | F
 | Preferred A | UDRprA | 2.3125 | 2.3125 |  |  |  |  |  | F
 | Preferred B | UDRprB | 2.15 | 2.15 |  |  |  |  |  | F
 | Preferred D | n.a. | 1.89284 | 1.89284 |  |  |  |  |  | F
United Investors Realty Trust | Common | UIRT | 0.86 | 0.704 | 0 | 0.156 | 0 | 0 | 0 | E
United Mobile Homes, Inc. | Common | UMH | 0.75 | 0.5672 | 0 | 0.178 | 0 | 0.0049 | 0 | F
Universal Health Realty Income Trust | Common | UHT | 1.81 | 1.4664 | 0 | 0.3436 | 0 | 0 | 0 | F
Urban Shopping Centers, Inc. | Common | URB | 2.24 | 2.05586 | 0 | 0.16444 | 0 | 0.01972 | 0 | F
 | Preferred | URB | 2.24 | 2.22032 | 0 | 0 | 0 | 0.01968 | 0 | F
Urstadt Biddle Properties, Inc. | Common | UBP | 0.68 | 0.68 |  |  |  |  |  | F
 | Common A | UBPprA | 0.76 | 0.76 |  |  |  |  |  | F
Ventas, Inc. | Common | VTR | 0.39 | 0.39 | 0 | 0 | 0 | 0 | 0 | F
Vinings Investment Properties | Common | VIPIS | 0.1 | 0 | 0 | 0.1 | 0 | 0 | 0 | F
Vornado Realty Trust | Common | VNO | 1.807 | 1.807 |  |  |  |  |  | F
 | Preferred A | VNOprA | 3.25 | 3.25 |  |  |  |  |  | F
 | Preferred B | VNOprB | 1.68229 | 1.68229 |  |  |  |  |  | F
 | Preferred C | VNOprC | 1.3104167 | 1.3104167 |  |  |  |  |  | F
Walden Residential Properties, Inc. | Common | WDN | 1.93 | 0.5212 | 0 | 1.1128 | 0 | 0.1364 | 0.1596 | F
 | Preferred A | WDNprA | 2.29 | 1.46 | 0 | 0 | 0 | 0.382 | 0.448 | F
 | Preferred B | WDNprB | 2.29 | 1.46 | 0 | 0 | 0 | 0.382 | 0.448 | F
 | Preferred D | WDNprD | 2.25 | 1.4344 | 0 | 0 | 0 | 0.3756 | 0.44 | F
 | Senior [NAME] | WDNprS | 2.3 | 1.466 | 0 | 0 | 0 | 0.384 | 0.45 | F
Washington REIT | Common | WRE | 1.1575 | 1.1575 | 0 | 0 | 0 | 0 | 0 | F
Weeks Corporation | Pre-Merger with [NAME]
 | Common | WKS | 1.01 | 0.736 | 0 | 0.274 | 0 | 0 | 0 | F
 | Preferred A | WKS prA | 1 | 1 |  |  |  |  |  | F
Weingarten Realty Investors | Common | WRI | 2.84 | 2.3912 | 0 | 0.11 | 0 | 0.24 | 0.0988 | F
 | Preferred A | WRIprA | 1.86 | 1.6404 | 0 | 0 | 0 | 0.16 | 0.0596 | F
 | Preferred B | n.a. | 1.7812 | 1.5708 | 0 | 0 | 0 | 0.15 | 0.0604 | F
 | Preferred C | WRIprC | 3.15 | 2.7778 | 0 | 0 | 0 | 0.2653 | 0.1069000000000001 | F
[NAME], Inc.
Western Properties Trust | Benefical Int | WIR | 1.12 | 0.85504 | 0 | 0 | 0 | 0.12684 | 0.13812 | F
Westfield America, Inc. | Common | WEA | 1.45 | 1.2941685 | 0 | 0.1558314999999999 | 0 | 0 | 0 | F
Winston Hotels, Inc. | Common | WXH | 1.12 | 1.008 | 0 | 0.112 | 0 | 0 | 0 | F
 | Preferred A | WXHprA | 2.3125 | 2.3125 |  |  |  |  |  | F