| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 29444U700 EQUINIX INC | |||
| 053484101 AVALONBAY CMNTYS INC | |||
| 32054K103 FIRST INDL RLTY TR I | |||
| 758849103 REGENCY CENTERS CORP | |||
| 74340W103 PROLOGIS INC | |||
| 02665T306 AMERICAN HOMES 4 REN | |||
| 47803M168 JOHN HANCOCK II-ABSL | |||
| 49427F108 KILROY REALTY CORP C | |||
| 804395101 SAUL CTRS INC COM | |||
| 962166104 WEYERHAEUSER CO | |||
| 828806109 SIMON PROPERTY GROUP | |||
| 29472R108 EQUITY LIFESTYLE PPT | |||
| 464287507 ISHARES CORE S&P MID | |||
| 229663109 CUBESMART | |||
| 464288588 ISHARES MBS ETF | |||
| 101121101 BOSTON PROPERTIES IN | |||
| 862121100 STORE CAPITAL CORP | |||
| 95040Q104 WELLTOWER INC | |||
| 30225T102 EXTRA SPACE STORAGE | |||
| 74144Q203 T ROWE PRICE INST EM | |||
| 78410G104 SBA COMMUNICATIONS C | |||
| 925652109 VICI PROPERTIES INC | |||
| 929042109 VORNADO REALTY TRUST | |||
| 866674104 SUN CMNTYS INC COM | |||
| 42225P501 HEALTHCARE TRUST OF | |||
| 88146M101 TERRENO REALTY CORP | |||
| 46187W107 INVITATION HOMES INC | |||
| 03027X100 AMERICAN TOWER CORP | |||
| 29476L107 EQUITY RESIDENTIAL P | |||
| 297178105 ESSEX PPTY TR COM | |||
| 74460D109 PUBLIC STORAGE INC C | |||
| 015271109 ALEXANDRIA REAL ESTA | |||
| 700517105 PARK HOTELS & RESORT | |||
| 11282X103 BROOKFIELD PROPERTY | |||
| 87234N765 TCW EMRG MKTS INCM-I | |||
| 00888Y847 INVESCO BAL RSK COMM | |||
| 421946104 HEALTHCARE RLTY TR C | |||
| 78573L106 SABRA HEALTH CARE RE | |||
| 222795502 COUSINS PROPERTIES I | |||
| 00143W859 INV OPP DEVELOP MRKT | |||
| 04314H758 ARTISAN SMALL CAP FU | |||
| 27830W108 EV GL MACR ABS RTRN | |||
| 024835100 AMERICAN CAMPUS CMNT | |||
| 03748R747 APARTMENT INVESTMENT | |||
| 69360J107 PS BUSINESS PARKS IN | |||
| 252784301 DIAMONDROCK HOSPITAL | |||
| 921910501 VANGUARD INTL GRTH F | |||
| 008492100 AGREE RLTY CORP COM | |||
| 19248X604 COHEN & STEERS PR SE | |||
| 04314H402 ARTISAN INTERNATIONA | |||
| 74440Y884 PGIM HIGH YIELD-Q 10 | |||
| 35908Y807 FRONTIER MFG CORE IN | |||
| 024013104 AMERICAN ASSETS TRUS | |||
| 23283R100 CYRUSONE INC | |||
| 253868103 DIGITAL RLTY TR INC | |||
| 03750L109 APARTMENT INCOME REI | |||
| 03784Y200 APPLE HOSPITALITY RE | |||
| 105368203 BRANDYWINE RLTY TR B | |||
| 21870Q105 CORESITE REALTY CORP | |||
| 04314H600 ARTISAN MID CAP FUND | |||
| 133131102 CAMDEN PPTY TR SH BE | |||
| 780905600 ROYCE PREMIER FUND 2 |