The Securities and Exchange Commission has not necessarily
reviewed the information in this filing and has not determined
if it is accurate and complete.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 | ||||
| VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY | |||||
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 | 205 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| AbbVie Inc. | COM | 00287Y109 | 370 | 1,700 | SH | SOLE | 1 | 0 | 0 | 1,700 | |
| Abrdn Bloomberg All Commodit | COM | 003261203 | 847 | 23,678 | SH | SOLE | 1 | 23,678 | 0 | 0 | |
| Acadia Realty Trust | COM | 004239109 | 311,041 | 16,267,828 | SH | SOLE | 1 | 11,752,520 | 0 | 4,515,308 | |
| Adams Express Co | COM | 006212104 | 24,553 | 1,121,635 | SH | SOLE | 1 | 1,121,635 | 0 | 0 | |
| Adams Natural Resources Fund | COM | 00548F105 | 5,059 | 181,985 | SH | SOLE | 1 | 181,985 | 0 | 0 | |
| Adobe Systems Incorporated | COM | 00724F101 | 146 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| Advanced Micro Devic | COM | 007903107 | 285 | 1,400 | SH | SOLE | 1 | 0 | 0 | 1,400 | |
| Aecom Technology Cor | COM | 00766T100 | 93 | 1,100 | SH | SOLE | 1 | 0 | 0 | 1,100 | |
| Aflac Incorporated | COM | 001055102 | 143 | 1,300 | SH | SOLE | 1 | 0 | 0 | 1,300 | |
| Agco Corp. | COM | 001084102 | 13,427 | 115,880 | SH | SOLE | 1 | 115,880 | 0 | 0 | |
| Agnico Eagle Mines Ltd | COM | 008474108 | 18,070 | 89,026 | SH | SOLE | 1 | 88,126 | 0 | 900 | |
| Agree Realty Corp. | COM | 008492100 | 1,346,615 | 17,864,344 | SH | SOLE | 1,2 | 13,697,479 | 0 | 4,166,865 | |
| Alcoa Corp | COM | 013872106 | 385 | 5,806 | SH | SOLE | 1 | 5,806 | 0 | 0 | |
| Alliance National Muni Inc. | COM | 01864U106 | 834 | 78,000 | SH | SOLE | 1 | 78,000 | 0 | 0 | |
| Alliant Energy Corporation | COM | 018802108 | 235,104 | 3,276,260 | SH | SOLE | 1,2 | 3,154,107 | 0 | 122,153 | |
| Allspring Income Opportunities Fund | COM | 94987B105 | 5,604 | 864,743 | SH | SOLE | 1 | 864,743 | 0 | 0 | |
| Alphabet Inc CL A | COM | 02079K305 | 2,588 | 9,000 | SH | SOLE | 1 | 0 | 0 | 9,000 | |
| Altria Group Inc. | COM | 02209S103 | 231 | 3,500 | SH | SOLE | 1 | 0 | 0 | 3,500 | |
| Amazon.com Inc. | COM | 023135106 | 1,395 | 6,700 | SH | SOLE | 1 | 0 | 0 | 6,700 | |
| Ameren Corporation | COM | 023608102 | 200,966 | 1,828,297 | SH | SOLE | 1,2 | 1,772,742 | 0 | 55,555 | |
| American Electric Power Company Inc. | COM | 025537101 | 180 | 1,375 | SH | SOLE | 1 | 0 | 0 | 1,375 | |
| American Homes 4 Rent-CL | COM | 02665T306 | 68 | 2,447 | SH | SOLE | 1 | 2,447 | 0 | 0 | |
| American Tower Corporation | COM | 03027X100 | 2,177,938 | 12,619,866 | SH | SOLE | 1,2 | 11,985,075 | 0 | 634,791 | |
| American Water Works Company Inc. | COM | 030420103 | 35,455 | 260,526 | SH | SOLE | 1,2 | 255,065 | 0 | 5,461 | |
| Americold Realty Trust | COM | 03064D108 | 0 | 7 | SH | SOLE | 1 | 7 | 0 | 0 | |
| Ameriprise Financial Inc. | COM | 03076C106 | 156 | 350 | SH | SOLE | 1 | 0 | 0 | 350 | |
| AMETEK Inc. | COM | 031100100 | 171 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| Antero Resources Corporation | COM | 03674X106 | 6,691 | 157,648 | SH | SOLE | 1 | 157,648 | 0 | 0 | |
| Anthem Inc. | COM | 036752103 | 64 | 220 | SH | SOLE | 1 | 0 | 0 | 220 | |
| Apple Hospitality REIT Inc | COM | 03784Y200 | 693 | 60,206 | SH | SOLE | 1 | 60,206 | 0 | 0 | |
| Apple Inc. | COM | 037833100 | 3,045 | 12,000 | SH | SOLE | 1 | 0 | 0 | 12,000 | |
| Applied Materials Inc. | COM | 038222105 | 342 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Applovin Corp-Class A | COM | 03831W108 | 199 | 500 | SH | SOLE | 1 | 0 | 0 | 500 | |
| Archer-Daniels-Midland Company | COM | 039483102 | 6,458 | 88,843 | SH | SOLE | 1 | 86,343 | 0 | 2,500 | |
| Arko Petroleum Corp | COM | 04124A100 | 19,530 | 1,091,697 | SH | SOLE | 1 | 1,091,697 | 0 | 0 | |
| Astera Labs Inc | COM | 04626A103 | 581 | 5,300 | SH | SOLE | 1 | 4,500 | 0 | 800 | |
| Atmos Energy Corp. | COM | 049560105 | 147,821 | 800,246 | SH | SOLE | 1,2 | 766,950 | 0 | 33,296 | |
| Automatic Data Processing Inc. | COM | 053015103 | 134 | 660 | SH | SOLE | 1 | 0 | 0 | 660 | |
| AvalonBay Communities Inc | COM | 053484101 | 14,097 | 86,297 | SH | SOLE | 1 | 119 | 0 | 86,178 | |
| Avenue Income Credit Strategy | COM | 003057106 | 3,598 | 705,500 | SH | SOLE | 1 | 705,500 | 0 | 0 | |
| Avery Dennison Corporation | COM | 053611109 | 155 | 900 | SH | SOLE | 1 | 0 | 0 | 900 | |
| Babson Cap Global | COM | 06760L100 | 2,541 | 186,013 | SH | SOLE | 1 | 186,013 | 0 | 0 | |
| Bank of America 7.25 CV Pfd. L | PFD | 060505682 | 238 | 200 | SH | SOLE | 1 | 200 | 0 | 0 | |
| Barrick Mining Corp | COM | 06849F108 | 18,003 | 441,353 | SH | SOLE | 1 | 441,353 | 0 | 0 | |
| Berkshire Hathaway Inc. | COM | 084670702 | 527 | 1,100 | SH | SOLE | 1 | 0 | 0 | 1,100 | |
| Black Hills Corp | COM | 092113109 | 88,031 | 1,268,274 | SH | SOLE | 1,2 | 1,211,512 | 0 | 56,762 | |
| Blackrock Capital Allocation | COM | 09260U109 | 23,281 | 1,647,657 | SH | SOLE | 1 | 1,647,657 | 0 | 0 | |
| Blackrock Corporate High Yield Fund 6 | COM | 09255P107 | 8,098 | 950,417 | SH | SOLE | 1 | 950,417 | 0 | 0 | |
| BlackRock Credit Allocation Income Trust | COM | 092508100 | 3,343 | 331,022 | SH | SOLE | 1 | 331,022 | 0 | 0 | |
| Blackrock Enh Cap And Inc | COM | 09256A109 | 1,797 | 85,487 | SH | SOLE | 1 | 85,487 | 0 | 0 | |
| Blackrock Esg Capital Alloca | COM | 09262F100 | 11,796 | 868,615 | SH | SOLE | 1 | 868,615 | 0 | 0 | |
| Blackrock Glbl Flt Rt Inc Tr | COM | 091941104 | 1,096 | 101,865 | SH | SOLE | 1 | 101,865 | 0 | 0 | |
| Blackrock Inc. | COM | 09290D101 | 221 | 230 | SH | SOLE | 1 | 0 | 0 | 230 | |
| Blackrock Limited Duration Income Trust | COM | 09249W101 | 4,681 | 371,801 | SH | SOLE | 1 | 371,801 | 0 | 0 | |
| BlackRock Multi-Sector Inc Tst | COM | 09258A107 | 1,002 | 80,000 | SH | SOLE | 1 | 80,000 | 0 | 0 | |
| BlackRock Muni Target Term Tr | COM | 09257P105 | 2,111 | 93,000 | SH | SOLE | 1 | 93,000 | 0 | 0 | |
| Blackrock Muniassets Fund | COM | 09254J102 | 857 | 80,760 | SH | SOLE | 1 | 80,760 | 0 | 0 | |
| BlackRock MuniHoldings Fd Inc | COM | 09253N104 | 2,741 | 243,007 | SH | SOLE | 1 | 243,007 | 0 | 0 | |
| Blackrock Muniyield Insured | COM | 09254E103 | 4,122 | 392,152 | SH | SOLE | 1 | 392,152 | 0 | 0 | |
| Blackrock Muniyield Quality | COM | 09254F100 | 2,542 | 231,524 | SH | SOLE | 1 | 231,524 | 0 | 0 | |
| Blackstone/GSO Long-Short CR | COM | 09257D102 | 1,635 | 149,996 | SH | SOLE | 1 | 149,996 | 0 | 0 | |
| Bluerock Private Real Estate | COM | 09631P102 | 1,661 | 100,000 | SH | SOLE | 1 | 100,000 | 0 | 0 | |
| Book Holdings Inc | COM | 09857L108 | 211 | 50 | SH | SOLE | 1 | 0 | 0 | 50 | |
| Boulder Growth & Income Fund Inc. | COM | 101507101 | 5,064 | 296,158 | SH | SOLE | 1 | 296,158 | 0 | 0 | |
| Bowhead Specialty Holdings I | COM | 10240L102 | 628 | 28,000 | SH | SOLE | 1 | 28,000 | 0 | 0 | |
| Boyd Gaming Corp. | COM | 103304101 | 203,027 | 2,470,510 | SH | SOLE | 1 | 2,146,125 | 0 | 324,385 | |
| Bristol-Myers Squibb Company | COM | 110122108 | 364 | 6,000 | SH | SOLE | 1 | 0 | 0 | 6,000 | |
| Broadcom Inc | COM | 11135F101 | 1,145 | 3,700 | SH | SOLE | 1 | 0 | 0 | 3,700 | |
| Bunge Global Sa | COM | H11356104 | 28,416 | 223,398 | SH | SOLE | 1 | 223,398 | 0 | 0 | |
| BXP, Inc. | COM | 101121101 | 1,082,080 | 20,849,327 | SH | SOLE | 1,2 | 15,197,552 | 0 | 5,651,775 | |
| Caesars Entertainment Inc | COM | 12769G100 | 322,768 | 12,212,160 | SH | SOLE | 1,2 | 11,501,225 | 0 | 710,935 | |
| Calamos Convertible & High Income Fund | COM | 12811P108 | 5,472 | 502,484 | SH | SOLE | 1 | 502,484 | 0 | 0 | |
| Calamos Convertible Opp&Inc | COM | 128117108 | 591 | 55,000 | SH | SOLE | 1 | 55,000 | 0 | 0 | |
| Calamos Global Total Return | COM | 128118106 | 719 | 64,457 | SH | SOLE | 1 | 64,457 | 0 | 0 | |
| Cameco Corp | COM | 13321L108 | 12,060 | 111,042 | SH | SOLE | 1 | 111,042 | 0 | 0 | |
| Caretrust REIT Inc | COM | 14174T107 | 439,191 | 11,983,376 | SH | SOLE | 1,2 | 9,200,883 | 0 | 2,782,493 | |
| Carlisle Corp | COM | 142339100 | 200 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| Carrier Global Corp | COM | 14448C104 | 225 | 4,000 | SH | SOLE | 1 | 0 | 0 | 4,000 | |
| Caterpillar Inc. | COM | 149123101 | 638 | 900 | SH | SOLE | 1 | 0 | 0 | 900 | |
| Cboe Global Markets Inc | COM | 12503M108 | 112 | 400 | SH | SOLE | 1 | 0 | 0 | 400 | |
| Cencora Inc | COM | 03073E105 | 94 | 300 | SH | SOLE | 1 | 0 | 0 | 300 | |
| CenterPoint Energy Inc. | COM | 15189T107 | 139,705 | 3,236,906 | SH | SOLE | 1,2 | 3,110,353 | 0 | 126,553 | |
| Central Securities Corp | COM | 155123102 | 2,185 | 44,000 | SH | SOLE | 1 | 44,000 | 0 | 0 | |
| Centrus Energy Corp | COM | 15643U104 | 4,633 | 26,692 | SH | SOLE | 1 | 26,692 | 0 | 0 | |
| Century Alum Co | COM | 156431108 | 6,936 | 118,183 | SH | SOLE | 1 | 118,183 | 0 | 0 | |
| Cheniere Energy Inc. | COM | 16411R208 | 64,043 | 225,694 | SH | SOLE | 1,2 | 221,675 | 0 | 4,019 | |
| Chevron Corporation | COM | 166764100 | 2,045 | 9,884 | SH | SOLE | 1 | 7,184 | 0 | 2,700 | |
| Chn & Strs Prfr A I Op A Etf | COM | 19249U203 | 19,944 | 778,000 | SH | SOLE | 1 | 778,000 | 0 | 0 | |
| Cintas Corporation | COM | 172908105 | 101 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| Circle Internet Group Inc | COM | 172573107 | 286 | 3,000 | SH | SOLE | 1 | 3,000 | 0 | 0 | |
| Cisco Systems Inc. | COM | 17275R102 | 303 | 3,900 | SH | SOLE | 1 | 0 | 0 | 3,900 | |
| CME Group Inc. | COM | 12572Q105 | 148 | 500 | SH | SOLE | 1 | 0 | 0 | 500 | |
| Coeur D Alene Mines Cor | COM | 192108504 | 7,441 | 396,407 | SH | SOLE | 1 | 396,407 | 0 | 0 | |
| Cognizant Technology Solutions Corporation | COM | 192446102 | 123 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| Cohen & Steers Infra Opp Etf | COM | 19249U500 | 16,228 | 585,000 | SH | SOLE | 1 | 585,000 | 0 | 0 | |
| Cohen & Steers Nat Res A Etf | COM | 19249U302 | 21,984 | 585,000 | SH | SOLE | 1 | 585,000 | 0 | 0 | |
| Cohen & Steers Real Es A Etf | COM | 19249U104 | 10,315 | 392,500 | SH | SOLE | 1 | 392,500 | 0 | 0 | |
| Cohen & Steers Short Dp Etf | COM | 19249U401 | 19,667 | 787,000 | SH | SOLE | 1 | 787,000 | 0 | 0 | |
| Columbia Selig Prem Tech Equity | COM | 19842X109 | 1,138 | 30,000 | SH | SOLE | 1 | 30,000 | 0 | 0 | |
| Comcast Corporation | COM | 20030N101 | 115 | 4,000 | SH | SOLE | 1 | 0 | 0 | 4,000 | |
| Concentra Group Holdings Par | COM | 20603L102 | 438 | 20,420 | SH | SOLE | 1 | 20,420 | 0 | 0 | |
| Conocophillips | COM | 20825C104 | 35,179 | 266,504 | SH | SOLE | 1 | 266,504 | 0 | 0 | |
| Consolidated Edison Inc. | COM | 209115104 | 136 | 1,200 | SH | SOLE | 1 | 0 | 0 | 1,200 | |
| Constellation Energy Corp | COM | 21037T109 | 20,565 | 73,645 | SH | SOLE | 1 | 44,591 | 0 | 29,054 | |
| Core Natural Resources Inc. | COM | 218937100 | 3,204 | 30,594 | SH | SOLE | 1 | 30,594 | 0 | 0 | |
| Cornerstone Strategic Value Fund Inc | COM | 21924B302 | 4,586 | 629,931 | SH | SOLE | 1 | 629,931 | 0 | 0 | |
| Cornerstone Total Return Fund Inc | COM | 21924U300 | 1,877 | 270,000 | SH | SOLE | 1 | 270,000 | 0 | 0 | |
| Corning Incorporated | COM | 219350105 | 136 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Corteva Inc-W/I | COM | 22052L104 | 18,662 | 222,941 | SH | SOLE | 1 | 221,441 | 0 | 1,500 | |
| Costco Wholesale Corporation | COM | 22160K105 | 149 | 150 | SH | SOLE | 1 | 0 | 0 | 150 | |
| Cousins Properties Inc. | COM | 222795502 | 1,701 | 75,383 | SH | SOLE | 1 | 75,383 | 0 | 0 | |
| Crh Plc | COM | G25508105 | 158 | 1,500 | SH | SOLE | 1 | 0 | 0 | 1,500 | |
| Crown Castle Inc. | COM | 22822V101 | 3,282,026 | 40,364,357 | SH | SOLE | 1,2 | 32,729,343 | 0 | 7,635,014 | |
| CSX Corporation | COM | 126408103 | 337,809 | 8,229,214 | SH | SOLE | 1,2 | 8,019,053 | 0 | 210,161 | |
| Curbline Properties Corp | COM | 23128Q101 | 77,079 | 2,988,720 | SH | SOLE | 1 | 0 | 0 | 2,988,720 | |
| Danaher Corporation | COM | 235851102 | 131 | 690 | SH | SOLE | 1 | 0 | 0 | 690 | |
| Darden Restaurants Inc. | COM | 237194105 | 118 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| Deckers Outdoor Corp | COM | 243537107 | 120 | 1,200 | SH | SOLE | 1 | 0 | 0 | 1,200 | |
| Delek Logistics Partners Lp | COM | 24664T103 | 9,481 | 190,528 | SH | SOLE | 1 | 190,528 | 0 | 0 | |
| Denison Mines Corp | COM | 248356107 | 4,399 | 1,246,072 | SH | SOLE | 1 | 1,246,072 | 0 | 0 | |
| Devon Energy Corporation | COM | 25179M103 | 2,984 | 59,298 | SH | SOLE | 1 | 59,298 | 0 | 0 | |
| Diamondrock Hospitality Co. | COM | 252784301 | 93,981 | 10,029,993 | SH | SOLE | 1 | 9,610,246 | 0 | 419,747 | |
| Digital Realty Trust Inc. | COM | 253868103 | 5,077,861 | 28,177,457 | SH | SOLE | 1,2 | 21,556,508 | 0 | 6,620,949 | |
| DNP Select Income Fund | COM | 23325P104 | 9,185 | 891,770 | SH | SOLE | 1 | 891,770 | 0 | 0 | |
| Docusign Inc | COM | 256163106 | 66 | 1,400 | SH | SOLE | 1 | 0 | 0 | 1,400 | |
| Dominion Resources Inc. | COM | 25746U109 | 120,674 | 1,952,024 | SH | SOLE | 1,2 | 1,921,619 | 0 | 30,405 | |
| Doubleline Income Solutions | COM | 258622109 | 4,646 | 428,993 | SH | SOLE | 1 | 428,993 | 0 | 0 | |
| Doubleline Yield Opport | COM | 25862D105 | 2,436 | 175,007 | SH | SOLE | 1 | 175,007 | 0 | 0 | |
| Dreyfus Strategic Municipal Bond Fund | COM | 09662E109 | 301 | 50,000 | SH | SOLE | 1 | 50,000 | 0 | 0 | |
| Dreyfus Strategic Municipals | COM | 05588W108 | 1,877 | 298,400 | SH | SOLE | 1 | 298,400 | 0 | 0 | |
| Dt Midstream Inc | COM | 23345M107 | 2,045 | 15,182 | SH | SOLE | 1 | 15,182 | 0 | 0 | |
| DTE Energy Company | COM | 233331107 | 146,898 | 1,004,636 | SH | SOLE | 1,2 | 958,350 | 0 | 46,286 | |
| Duff & Phelps Global Utility | COM | 26433C105 | 7,781 | 538,869 | SH | SOLE | 1 | 538,869 | 0 | 0 | |
| Duke Energy Corporation | COM | 26441C204 | 211,465 | 1,614,973 | SH | SOLE | 1,2 | 1,581,302 | 0 | 33,671 | |
| DWS Municipal Income Trust | COM | 233368109 | 819 | 90,000 | SH | SOLE | 1 | 90,000 | 0 | 0 | |
| Eastgroup Properties Inc. | COM | 277276101 | 678,754 | 3,667,151 | SH | SOLE | 1,2 | 2,240,643 | 0 | 1,426,508 | |
| Eaton Vance Enh Eqt Inc Ii | COM | 278277108 | 2,647 | 129,355 | SH | SOLE | 1 | 129,355 | 0 | 0 | |
| Eaton Vance Floating Rate Income Trust | COM | 278279104 | 1,580 | 147,240 | SH | SOLE | 1 | 147,240 | 0 | 0 | |
| Eaton Vance Insured Muni Bnd | COM | 27827X101 | 1,630 | 166,840 | SH | SOLE | 1 | 166,840 | 0 | 0 | |
| Eaton Vance Limited Duration Fund | COM | 27828H105 | 3,548 | 375,463 | SH | SOLE | 1 | 375,463 | 0 | 0 | |
| Eaton Vance Risk-Managed Diversified Equity Income | COM | 27829G106 | 1,972 | 241,380 | SH | SOLE | 1 | 241,380 | 0 | 0 | |
| Eaton Vance Sr Fltg Rate Trust | COM | 27828Q105 | 3,720 | 352,902 | SH | SOLE | 1 | 352,902 | 0 | 0 | |
| Eaton Vance T/A Global Dividend Income | COM | 27828S101 | 2,593 | 128,868 | SH | SOLE | 1 | 128,868 | 0 | 0 | |
| Eaton Vance T/M Buy-Wr In | COM | 27828X100 | 1,023 | 70,963 | SH | SOLE | 1 | 70,963 | 0 | 0 | |
| Eaton Vance T/M Buy-Write Opportunity | COM | 27828Y108 | 1,380 | 100,931 | SH | SOLE | 1 | 100,931 | 0 | 0 | |
| Eaton Vance Tax Adv Global Dividend O | COM | 27828U106 | 400 | 15,000 | SH | SOLE | 1 | 15,000 | 0 | 0 | |
| Eaton Vance Tax Man Global Br | COM | 27829C105 | 922 | 105,000 | SH | SOLE | 1 | 105,000 | 0 | 0 | |
| Eaton Vance Tax-Managed Dividend | COM | 27828N102 | 4,283 | 310,617 | SH | SOLE | 1 | 310,617 | 0 | 0 | |
| Eaton Vance Tax-Managed Global | COM | 27829F108 | 9,093 | 1,049,977 | SH | SOLE | 1 | 1,049,977 | 0 | 0 | |
| Ebay Inc | COM | 278642103 | 228 | 2,500 | SH | SOLE | 1 | 0 | 0 | 2,500 | |
| Edison International | COM | 281020107 | 49,004 | 669,640 | SH | SOLE | 1 | 669,640 | 0 | 0 | |
| Eli Lilly and Company | COM | 532457108 | 552 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| Emcor Group Inc | COM | 29084Q100 | 148 | 200 | SH | SOLE | 1 | 0 | 0 | 200 | |
| Emerson Electric Co. | COM | 291011104 | 138 | 1,050 | SH | SOLE | 1 | 0 | 0 | 1,050 | |
| Empire State Realty Trust | COM | 292104106 | 54,905 | 10,558,673 | SH | SOLE | 1 | 7,761,395 | 0 | 2,797,278 | |
| Enbridge Inc | COM | 29250N105 | 1,637 | 30,245 | SH | SOLE | 1 | 30,245 | 0 | 0 | |
| Energy Transfer LP | COM | 29273V100 | 68,527 | 3,550,610 | SH | SOLE | 1 | 3,550,610 | 0 | 0 | |
| Entergy Corporation | COM | 29364G103 | 341,392 | 3,038,377 | SH | SOLE | 1,2 | 2,889,334 | 0 | 149,043 | |
| Enterprise Products Partners | COM | 293792107 | 12,214 | 322,791 | SH | SOLE | 1 | 322,791 | 0 | 0 | |
| Entertainment Properties Trust Pfd. E | PFD | 26884U307 | 1,734 | 57,085 | SH | SOLE | 1 | 57,085 | 0 | 0 | |
| EOG Resources Inc. | COM | 26875P101 | 145 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Equinix Inc. | COM | 29444U700 | 2,775,472 | 2,831,410 | SH | SOLE | 1,2 | 2,251,342 | 0 | 580,068 | |
| Equity Lifestyle Properties | COM | 29472R108 | 688,558 | 11,031,032 | SH | SOLE | 1 | 6,337,670 | 0 | 4,693,362 | |
| Equity Residential | COM | 29476L107 | 381,602 | 6,451,417 | SH | SOLE | 1,2 | 5,973,299 | 0 | 478,118 | |
| Essential Properties Realty | COM | 29670E107 | 898,880 | 29,607,357 | SH | SOLE | 1,2 | 21,786,412 | 0 | 7,820,945 | |
| Essex Property Trust Inc. | COM | 297178105 | 1,172,039 | 4,843,126 | SH | SOLE | 1,2 | 3,596,896 | 0 | 1,246,230 | |
| Evergy Inc | COM | 30034W106 | 177,700 | 2,169,187 | SH | SOLE | 1,2 | 2,118,505 | 0 | 50,682 | |
| Eversource Energy | COM | 30040W108 | 93,243 | 1,345,893 | SH | SOLE | 1,2 | 1,310,288 | 0 | 35,605 | |
| Expedia Inc. | COM | 30212P303 | 231 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Extra Space Storage Inc. | COM | 30225T102 | 2,152,167 | 16,412,456 | SH | SOLE | 1,2 | 12,384,660 | 0 | 4,027,796 | |
| Exxon Mobil Corporation | COM | 30231G102 | 58,650 | 345,690 | SH | SOLE | 1 | 342,490 | 0 | 3,200 | |
| Facebook Inc. | COM | 30303M102 | 858 | 1,500 | SH | SOLE | 1 | 0 | 0 | 1,500 | |
| Federal Realty Investment Trust | COM | 313745101 | 22 | 205 | SH | SOLE | 1 | 205 | 0 | 0 | |
| FedEx Corporation | COM | 31428X106 | 249 | 700 | SH | SOLE | 1 | 0 | 0 | 700 | |
| Figure Technology Solut-Cl A | COM | 349381103 | 340 | 10,000 | SH | SOLE | 1 | 10,000 | 0 | 0 | |
| First Industrial Realty Trust | COM | 32054K103 | 157,884 | 2,729,198 | SH | SOLE | 1,2 | 2,589,024 | 0 | 140,174 | |
| First Solar Inc. | COM | 336433107 | 5,265 | 26,692 | SH | SOLE | 1 | 26,692 | 0 | 0 | |
| First Trust High Yld Opport | COM | 33741Q107 | 879 | 65,000 | SH | SOLE | 1 | 65,000 | 0 | 0 | |
| First Trust Intermediate Duration Pref & Inc Fund | COM | 33718W103 | 6,368 | 361,198 | SH | SOLE | 1 | 361,198 | 0 | 0 | |
| Fiserv Inc | COM | 337738108 | 45 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| Flah & Crum/Claymore Preferred S I | COM | 338478100 | 9,097 | 587,296 | SH | SOLE | 1 | 587,296 | 0 | 0 | |
| Flaherty & Crumrine Dynamic | COM | 33848W106 | 9,563 | 476,489 | SH | SOLE | 1 | 476,489 | 0 | 0 | |
| Flowserve Corporation | COM | 34354P105 | 4,702 | 63,958 | SH | SOLE | 1 | 63,958 | 0 | 0 | |
| Ford Motor Company | COM | 345370860 | 100 | 8,700 | SH | SOLE | 1 | 0 | 0 | 8,700 | |
| Franco-Nevada Corp | COM | 351858105 | 12,069 | 48,851 | SH | SOLE | 1 | 48,851 | 0 | 0 | |
| Freeport-Mcmoran Inc. | COM | 35671D857 | 15,387 | 261,773 | SH | SOLE | 1 | 259,573 | 0 | 2,200 | |
| Fs Specialty Lending Fund | COM | 644323107 | 2,690 | 215,000 | SH | SOLE | 1 | 215,000 | 0 | 0 | |
| Gabelli Dividend & Income Trust | COM | 36242H104 | 9,557 | 354,886 | SH | SOLE | 1 | 354,886 | 0 | 0 | |
| Gabelli Equity Trust | COM | 362397101 | 1,568 | 280,000 | SH | SOLE | 1 | 280,000 | 0 | 0 | |
| Gabelli Equity Trust-Rt W/I | RIGHT | 362397226 | 2 | 280,000 | SH | SOLE | 1 | 280,000 | 0 | 0 | |
| Gaming and Leisure Prop | COM | 36467J108 | 364,165 | 8,207,449 | SH | SOLE | 1,2 | 7,508,142 | 0 | 699,307 | |
| GE HealthCare Technologies Inc | COM | 36266G107 | 71 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Ge Vernova Llc | COM | 36828A101 | 175 | 200 | SH | SOLE | 1 | 0 | 0 | 200 | |
| General American Investors | COM | 368802104 | 15,202 | 259,999 | SH | SOLE | 1 | 259,999 | 0 | 0 | |
| General Electric Company | COM | 369604301 | 284 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Genesis Energy LP | COM | 371927104 | 524 | 29,366 | SH | SOLE | 1 | 29,366 | 0 | 0 | |
| Gilead Sciences Inc. | COM | 375558103 | 167 | 1,200 | SH | SOLE | 1 | 0 | 0 | 1,200 | |
| Golar LNG Ltd | COM | G9456A100 | 2,046 | 37,815 | SH | SOLE | 1 | 37,815 | 0 | 0 | |
| Guggenheim Active Allocation | COM | 40170T106 | 12,909 | 848,149 | SH | SOLE | 1 | 848,149 | 0 | 0 | |
| Guggenheim Build America | COM | 401664107 | 2,043 | 140,924 | SH | SOLE | 1 | 140,924 | 0 | 0 | |
| Guggenheim Strategic Opp Fund | COM | 40167F101 | 13,464 | 1,221,789 | SH | SOLE | 1 | 1,221,789 | 0 | 0 | |
| H20 America | COM | 784305104 | 94,339 | 1,607,964 | SH | SOLE | 1,2 | 1,525,896 | 0 | 82,068 | |
| Halliburton Company | COM | 406216101 | 195 | 5,000 | SH | SOLE | 1 | 0 | 0 | 5,000 | |
| Healthcare Realty Trust Inc. | COM | 42226K105 | 891,066 | 52,446,482 | SH | SOLE | 1,2 | 40,741,957 | 0 | 11,704,525 | |
| Highwoods Properties Inc. | COM | 431284108 | 265,706 | 12,410,383 | SH | SOLE | 1 | 9,168,406 | 0 | 3,241,977 | |
| HJ Heinz Holdings Corp | COM | 500754106 | 56 | 2,500 | SH | SOLE | 1 | 0 | 0 | 2,500 | |
| Host Hotels & Resorts Inc. | COM | 44107P104 | 1,056,183 | 55,124,367 | SH | SOLE | 1,2 | 44,449,132 | 0 | 10,675,235 | |
| Hudson Pacific Prop | COM | 444097406 | 56,993 | 9,643,541 | SH | SOLE | 1,2 | 7,637,862 | 0 | 2,005,679 | |
| I Shares Gold Trust | COM | 464285204 | 18,223 | 206,708 | SH | SOLE | 1 | 206,708 | 0 | 0 | |
| Illinois Tool Works Inc. | COM | 452308109 | 182 | 700 | SH | SOLE | 1 | 0 | 0 | 700 | |
| International Business Machines Corporation | COM | 459200101 | 412 | 1,700 | SH | SOLE | 1 | 0 | 0 | 1,700 | |
| International Paper Company | COM | 460146103 | 5,509 | 154,303 | SH | SOLE | 1 | 154,303 | 0 | 0 | |
| Intuit Inc. | COM | 461202103 | 130 | 300 | SH | SOLE | 1 | 0 | 0 | 300 | |
| Intuitive Surgical Inc. | COM | 46120E602 | 184 | 400 | SH | SOLE | 1 | 0 | 0 | 400 | |
| Invesco Preferred ETF | COM | 46138E511 | 3,298 | 303,146 | SH | SOLE | 1 | 303,146 | 0 | 0 | |
| Invesco Van Kampen Muni Trust | COM | 46131J103 | 238 | 25,000 | SH | SOLE | 1 | 25,000 | 0 | 0 | |
| Invesco Van Kampen Senior Income Trust | COM | 46131H107 | 2,967 | 921,433 | SH | SOLE | 1 | 921,433 | 0 | 0 | |
| Invitation Homes Inc | COM | 46187W107 | 874,198 | 35,178,976 | SH | SOLE | 1,2 | 27,082,297 | 0 | 8,096,679 | |
| Iron Mountain Incorporated | COM | 46284V101 | 1,651,537 | 16,169,341 | SH | SOLE | 1,2 | 12,423,809 | 0 | 3,745,532 | |
| Ishares Bitcoin Trust Etf | COM | 46438F101 | 1,022 | 26,600 | SH | SOLE | 1 | 26,600 | 0 | 0 | |
| Ishares Bloomberg Roll Selec | COM | 46431W598 | 902 | 15,179 | SH | SOLE | 1 | 15,179 | 0 | 0 | |
| iShares Cohen & Steers Rlty | COM | 464287564 | 52 | 845 | SH | SOLE | 1 | 845 | 0 | 0 | |
| iShares Iboxx Inv Gr Corp. Bd | COM | 464287242 | 0 | 1 | SH | SOLE | 1 | 1 | 0 | 0 | |
| Ishares Silver Trust | COM | 46428Q109 | 9,608 | 141,000 | SH | SOLE | 1 | 141,000 | 0 | 0 | |
| iShares U.S. Preferred Stock ETF | COM | 464288687 | 1,726 | 56,940 | SH | SOLE | 1 | 56,940 | 0 | 0 | |
| Itron Inc | COM | 465741106 | 1,169 | 13,046 | SH | SOLE | 1 | 13,046 | 0 | 0 | |
| Jbs Nv-A | COM | N4732M103 | 12,497 | 695,826 | SH | SOLE | 1 | 695,826 | 0 | 0 | |
| JBT Marel Corp | COM | 477839104 | 5,771 | 45,128 | SH | SOLE | 1 | 45,128 | 0 | 0 | |
| John Hancock Investors Trust | COM | 410142103 | 309 | 23,927 | SH | SOLE | 1 | 23,927 | 0 | 0 | |
| John Hancock Patriot Premium Dividend Fund II | COM | 41013T105 | 11,791 | 900,089 | SH | SOLE | 1 | 900,089 | 0 | 0 | |
| John Hancock Preferred Income Fund | COM | 41013W108 | 2,784 | 177,458 | SH | SOLE | 1 | 177,458 | 0 | 0 | |
| John Hancock Preferred Income II | COM | 41013X106 | 2,693 | 172,487 | SH | SOLE | 1 | 172,487 | 0 | 0 | |
| John Hancock Preferred Income III | COM | 41021P103 | 872 | 61,234 | SH | SOLE | 1 | 61,234 | 0 | 0 | |
| Johnson & Johnson | COM | 478160104 | 978 | 4,000 | SH | SOLE | 1 | 0 | 0 | 4,000 | |
| JPMorgan Chase & Co. | COM | 46625H100 | 912 | 3,100 | SH | SOLE | 1 | 0 | 0 | 3,100 | |
| Kayne Anderson MLP Investment | COM | 486606106 | 1,514 | 106,000 | SH | SOLE | 1 | 106,000 | 0 | 0 | |
| Kilroy Realty Corp. | COM | 49427F108 | 224,143 | 7,945,504 | SH | SOLE | 1,2 | 3,024,270 | 0 | 4,921,234 | |
| Kimco Realty Corp 7.250 Conv/Perp Sr:N | PFD | 49446R687 | 4,568 | 76,459 | SH | SOLE | 1 | 0 | 0 | 76,459 | |
| Kimco Realty Corporation | COM | 49446R109 | 1,206,947 | 53,713,713 | SH | SOLE | 1,2 | 37,277,385 | 0 | 16,436,328 | |
| Kinder Morgan Inc. | COM | 49456B101 | 45,137 | 1,346,161 | SH | SOLE | 1 | 1,346,161 | 0 | 0 | |
| Kinetik Holdings Inc | COM | 02215L209 | 72,333 | 1,494,165 | SH | SOLE | 1 | 1,458,306 | 0 | 35,859 | |
| Kite Realty Group Trust | COM | 49803T300 | 638,432 | 26,005,377 | SH | SOLE | 1,2 | 24,105,954 | 0 | 1,899,423 | |
| KKR Income Opportunities | COM | 48249T106 | 966 | 87,779 | SH | SOLE | 1 | 87,779 | 0 | 0 | |
| Lamar Advertising Co | COM | 512816109 | 305,262 | 2,410,089 | SH | SOLE | 1 | 1,218,346 | 0 | 1,191,743 | |
| Liberty All-Star Equity Fund | COM | 530158104 | 4,163 | 750,000 | SH | SOLE | 1 | 750,000 | 0 | 0 | |
| Linde Plc | COM | G54950103 | 149 | 300 | SH | SOLE | 1 | 0 | 0 | 300 | |
| LXP Industrial Trust 6.5 Perp | PFD | 529043309 | 10,634 | 231,170 | SH | SOLE | 1 | 186,017 | 0 | 45,153 | |
| LyondellBasell Industries N.V. | COM | N53745100 | 242 | 3,000 | SH | SOLE | 1 | 0 | 0 | 3,000 | |
| Mainstay Cbre Glbl Infr Mega | COM | 56064Q107 | 2,018 | 137,391 | SH | SOLE | 1 | 137,391 | 0 | 0 | |
| Mainstay DefTerm Muni Opps | COM | 56064K100 | 668 | 45,000 | SH | SOLE | 1 | 45,000 | 0 | 0 | |
| Mastec Inc | COM | 576323109 | 9,757 | 30,326 | SH | SOLE | 1 | 30,326 | 0 | 0 | |
| McDonald's Corporation | COM | 580135101 | 186 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| Medtronic plc | COM | G5960L103 | 108 | 1,250 | SH | SOLE | 1 | 0 | 0 | 1,250 | |
| Mercadolibre | COM | 58733R102 | 173 | 100 | SH | SOLE | 1 | 0 | 0 | 100 | |
| Merck & Co. Inc. | COM | 58933Y105 | 289 | 2,400 | SH | SOLE | 1 | 0 | 0 | 2,400 | |
| Metlife Inc. | COM | 59156R108 | 106 | 1,500 | SH | SOLE | 1 | 0 | 0 | 1,500 | |
| MFS High Yield Municipal Trust | COM | 59318E102 | 54 | 15,000 | SH | SOLE | 1 | 15,000 | 0 | 0 | |
| MFS Investment Grade Muni | COM | 59318B108 | 120 | 15,000 | SH | SOLE | 1 | 15,000 | 0 | 0 | |
| MFS Multimarket Income Trust | COM | 552737108 | 1,523 | 329,603 | SH | SOLE | 1 | 329,603 | 0 | 0 | |
| MFS Municipal Income Trust | COM | 552738106 | 916 | 170,000 | SH | SOLE | 1 | 170,000 | 0 | 0 | |
| Microsoft Corporation | COM | 594918104 | 1,925 | 5,200 | SH | SOLE | 1 | 0 | 0 | 5,200 | |
| Mid-America Apartment Communities | COM | 59522J103 | 20 | 164 | SH | SOLE | 1 | 164 | 0 | 0 | |
| Molson Coors Brewing Company | COM | 60871R209 | 82 | 1,900 | SH | SOLE | 1 | 0 | 0 | 1,900 | |
| Mondelez International Inc. Class A | COM | 609207105 | 81 | 1,400 | SH | SOLE | 1 | 0 | 0 | 1,400 | |
| Morgan Stanley | COM | 617446448 | 642 | 3,900 | SH | SOLE | 1 | 0 | 0 | 3,900 | |
| Morgan Stanley China A Share | COM | 617468103 | 1,925 | 110,000 | SH | SOLE | 1 | 110,000 | 0 | 0 | |
| MPLX LP | COM | 55336V100 | 53,061 | 929,751 | SH | SOLE | 1 | 929,751 | 0 | 0 | |
| National Fuel Gas Co | COM | 636180101 | 29,144 | 310,177 | SH | SOLE | 1 | 310,177 | 0 | 0 | |
| National Storage Affiliates | COM | 637870106 | 169,625 | 4,494,564 | SH | SOLE | 1 | 2,790,348 | 0 | 1,704,216 | |
| Net Power Inc | COM | 64107A105 | 1,392 | 892,140 | SH | SOLE | 1 | 892,140 | 0 | 0 | |
| Net Power Inc warrant | WARRANT | 64107A113 | 52 | 193,606 | SH | SOLE | 1 | 193,606 | 0 | 0 | |
| NetApp Inc. | COM | 64110D104 | 164 | 1,600 | SH | SOLE | 1 | 0 | 0 | 1,600 | |
| NetFlix Inc | COM | 64110L106 | 577 | 6,000 | SH | SOLE | 1 | 0 | 0 | 6,000 | |
| Netstreit Corp | COM | 64119V303 | 278,688 | 14,800,212 | SH | SOLE | 1 | 12,197,510 | 0 | 2,602,702 | |
| Neuberger Berman Intmd Muni | COM | 64124P101 | 2,213 | 217,982 | SH | SOLE | 1 | 217,982 | 0 | 0 | |
| Neuberger Berman MLP Income | COM | 64129H104 | 3,016 | 287,000 | SH | SOLE | 1 | 287,000 | 0 | 0 | |
| Newmont Mining Corporation | COM | 651639106 | 19,403 | 179,245 | SH | SOLE | 1 | 179,245 | 0 | 0 | |
| NextEra Energy Inc. | COM | 65339F101 | 644,295 | 6,936,849 | SH | SOLE | 1,2 | 6,622,658 | 0 | 314,191 | |
| Nextracker Inc | COM | 65290E101 | 4,964 | 41,177 | SH | SOLE | 1 | 41,177 | 0 | 0 | |
| NiSource Inc. | COM | 65473P105 | 219,207 | 4,697,973 | SH | SOLE | 1,2 | 4,646,945 | 0 | 51,028 | |
| NNN REIT Inc | COM | 637417106 | 10,314 | 245,403 | SH | SOLE | 1 | 0 | 0 | 245,403 | |
| Norfolk Southern Corporation | COM | 655844108 | 213,568 | 744,140 | SH | SOLE | 1,2 | 722,558 | 0 | 21,582 | |
| Nutrien Ltd | COM | 67077M108 | 20,976 | 277,971 | SH | SOLE | 1 | 277,971 | 0 | 0 | |
| Nuveen Dividend Adv Muni Fd 3 | COM | 67070X101 | 2,744 | 225,295 | SH | SOLE | 1 | 225,295 | 0 | 0 | |
| Nuveen Dividend Advan Muni Inc | COM | 67071L106 | 1,911 | 154,978 | SH | SOLE | 1 | 154,978 | 0 | 0 | |
| Nuveen Dividend Advantage Muni Fd | COM | 67066V101 | 3,762 | 327,123 | SH | SOLE | 1 | 327,123 | 0 | 0 | |
| Nuveen Dynamic Muni Opport | COM | 67079X102 | 412 | 40,000 | SH | SOLE | 1 | 40,000 | 0 | 0 | |
| Nuveen Floating Rate Income | COM | 67072T108 | 6,417 | 853,263 | SH | SOLE | 1 | 853,263 | 0 | 0 | |
| Nuveen Global High Income | COM | 67075G103 | 5,612 | 459,239 | SH | SOLE | 1 | 459,239 | 0 | 0 | |
| Nuveen Ins T/F Adv Municipal | COM | 670657105 | 3,422 | 304,711 | SH | SOLE | 1 | 304,711 | 0 | 0 | |
| Nuveen Multi-Strategy Income & Growth 2 | COM | 67073D102 | 3,578 | 734,738 | SH | SOLE | 1 | 734,738 | 0 | 0 | |
| Nuveen Municipal Credit Opp | COM | 670663103 | 1,957 | 185,000 | SH | SOLE | 1 | 185,000 | 0 | 0 | |
| Nuveen Preferred Income Opportunities Fund | COM | 67073B106 | 5,921 | 785,251 | SH | SOLE | 1 | 785,251 | 0 | 0 | |
| Nuveen Real Asset Inc and Grow | COM | 67074Y105 | 2,796 | 227,308 | SH | SOLE | 1 | 227,308 | 0 | 0 | |
| Nuveen Var Rt Pref & Inc | COM | 67080R102 | 3,721 | 205,000 | SH | SOLE | 1 | 205,000 | 0 | 0 | |
| NVIDIA Corporation | COM | 67066G104 | 3,226 | 18,500 | SH | SOLE | 1 | 0 | 0 | 18,500 | |
| OGE Energy Corporation | COM | 670837103 | 96,725 | 2,016,779 | SH | SOLE | 1,2 | 1,968,797 | 0 | 47,982 | |
| Omega Healthcare Investors | COM | 681936100 | 524,856 | 11,977,541 | SH | SOLE | 1,2 | 8,729,812 | 0 | 3,247,729 | |
| Oneok Inc. | COM | 682680103 | 30,467 | 337,066 | SH | SOLE | 1 | 337,066 | 0 | 0 | |
| Oracle Corporation | COM | 68389X105 | 162 | 1,100 | SH | SOLE | 1 | 0 | 0 | 1,100 | |
| Outfront Media Inc | COM | 69007J304 | 570,269 | 21,519,564 | SH | SOLE | 1,2 | 17,571,690 | 0 | 3,947,874 | |
| Owens Corning | COM | 690742101 | 87 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| Pacs Group Inc | COM | 69380Q107 | 293,035 | 9,123,136 | SH | SOLE | 1,2 | 8,104,756 | 0 | 1,018,380 | |
| Palantir Technologies Inc. | COM | 69608A108 | 263 | 1,800 | SH | SOLE | 1 | 0 | 0 | 1,800 | |
| Palo Alto Networks Inc | COM | 697435105 | 128 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| Paychex Inc. | COM | 704326107 | 74 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| PayPal Holdings Inc | COM | 70450Y103 | 136 | 3,000 | SH | SOLE | 1 | 0 | 0 | 3,000 | |
| Pebblebrook Hotel Trust 6.3 Perp | PFD | 70509V704 | 1,807 | 93,641 | SH | SOLE | 1 | 0 | 0 | 93,641 | |
| Pebblebrook Hotel Trust 6.375 Perp | PFD | 70509V605 | 3,248 | 169,066 | SH | SOLE | 1 | 0 | 0 | 169,066 | |
| Pepsico Inc. | COM | 713448108 | 217 | 1,400 | SH | SOLE | 1 | 0 | 0 | 1,400 | |
| Perpetua Resources Corp | COM | 714266103 | 6,303 | 224,139 | SH | SOLE | 1 | 224,139 | 0 | 0 | |
| Petroleo Brasileiro S.A. - ADR | ADR | 71654V408 | 12,355 | 595,410 | SH | SOLE | 1 | 595,410 | 0 | 0 | |
| PG&E Corporation | COM | 69331C108 | 150,127 | 8,544,515 | SH | SOLE | 1,2 | 8,141,829 | 0 | 402,686 | |
| PGIM Short Duration High Yield FD | COM | 69346H100 | 6,399 | 486,278 | SH | SOLE | 1 | 486,278 | 0 | 0 | |
| Pgim Shrt Durat Hi Yld | COM | 69355J104 | 4,365 | 272,450 | SH | SOLE | 1 | 272,450 | 0 | 0 | |
| Piedmont Office Realty Trust A | COM | 720190206 | 48,796 | 7,427,057 | SH | SOLE | 1 | 3,874,300 | 0 | 3,552,757 | |
| Pilgrims Pride Corporation | COM | 72147K108 | 7,683 | 203,459 | SH | SOLE | 1 | 203,459 | 0 | 0 | |
| Pimco Access Income Fund | COM | 72203T100 | 14,741 | 1,023,000 | SH | SOLE | 1 | 1,023,000 | 0 | 0 | |
| Pimco Dynamic Income Fund | COM | 72201Y101 | 24,414 | 1,426,864 | SH | SOLE | 1 | 1,426,864 | 0 | 0 | |
| Pimco Dynamic Income Opport | COM | 69355M107 | 16,393 | 1,267,824 | SH | SOLE | 1 | 1,267,824 | 0 | 0 | |
| PIMCO Dynamic Income Strategy | COM | 69346N107 | 22,541 | 1,021,789 | SH | SOLE | 1 | 1,021,789 | 0 | 0 | |
| PIMCO Global Stocksplus & In | COM | 722011103 | 1,156 | 138,801 | SH | SOLE | 1 | 138,801 | 0 | 0 | |
| PIMCO High Income Fund | COM | 722014107 | 5,496 | 1,187,044 | SH | SOLE | 1 | 1,187,044 | 0 | 0 | |
| PIMCO Income Strategy Fund II | COM | 72201J104 | 5,555 | 806,234 | SH | SOLE | 1 | 806,234 | 0 | 0 | |
| Pimco Municipal Income Fund II | COM | 72200W106 | 530 | 70,000 | SH | SOLE | 1 | 70,000 | 0 | 0 | |
| Plains All American Pipeline LP | COM | 726503105 | 44,197 | 1,979,254 | SH | SOLE | 1 | 1,979,254 | 0 | 0 | |
| PPG Industries Inc. | COM | 693506107 | 86 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| PPL Corporation | COM | 69351T106 | 92,116 | 2,411,409 | SH | SOLE | 1 | 2,411,409 | 0 | 0 | |
| Prologis Inc. | COM | 74340W103 | 3,078,219 | 23,288,074 | SH | SOLE | 1,2 | 17,649,634 | 0 | 5,638,440 | |
| Prudential Gbl Shrt Dur Hi Yld | COM | 69346J106 | 6,928 | 594,659 | SH | SOLE | 1 | 594,659 | 0 | 0 | |
| Public Service Enterprise Group Incorporated | COM | 744573106 | 67,090 | 828,787 | SH | SOLE | 1 | 828,787 | 0 | 0 | |
| Public Storage | COM | 74460D109 | 1,194,388 | 4,409,277 | SH | SOLE | 1,2 | 3,287,320 | 0 | 1,121,957 | |
| PulteGroup Inc. | COM | 745867101 | 172 | 1,463 | SH | SOLE | 1 | 63 | 0 | 1,400 | |
| Putnam Managed Municipal Income Trust | COM | 746823103 | 123 | 20,000 | SH | SOLE | 1 | 20,000 | 0 | 0 | |
| Putnam Muni Opportunities Tst | COM | 746922103 | 1,743 | 169,200 | SH | SOLE | 1 | 169,200 | 0 | 0 | |
| Qualcomm Incorporated | COM | 747525103 | 309 | 2,400 | SH | SOLE | 1 | 0 | 0 | 2,400 | |
| Quanta Services Inc. | COM | 74762E102 | 3,113 | 5,671 | SH | SOLE | 1 | 5,671 | 0 | 0 | |
| Raymond James Financial Inc. | COM | 754730109 | 203 | 1,400 | SH | SOLE | 1 | 0 | 0 | 1,400 | |
| Rayonier Inc. | COM | 754907103 | 447,269 | 21,691,004 | SH | SOLE | 1,2 | 18,289,048 | 0 | 3,401,956 | |
| Realty Income Corporation | COM | 756109104 | 407,671 | 6,663,458 | SH | SOLE | 1 | 5,020,778 | 0 | 1,642,680 | |
| Reaves Utility Income Fund | COM | 756158101 | 2,082 | 53,000 | SH | SOLE | 1 | 53,000 | 0 | 0 | |
| Reddit Inc-Cl A | COM | 75734B100 | 404 | 3,000 | SH | SOLE | 1 | 3,000 | 0 | 0 | |
| Regency Centers Corporation | COM | 758849103 | 27 | 359 | SH | SOLE | 1 | 359 | 0 | 0 | |
| Regeneron Pharmaceuticals Inc. | COM | 75886F107 | 100 | 130 | SH | SOLE | 1 | 0 | 0 | 130 | |
| Regions Financial Corporation | COM | 7591EP100 | 144 | 5,500 | SH | SOLE | 1 | 0 | 0 | 5,500 | |
| Reliance Steel & Alu | COM | 759509102 | 70 | 230 | SH | SOLE | 1 | 0 | 0 | 230 | |
| ResMed Inc. | COM | 761152107 | 83 | 370 | SH | SOLE | 1 | 0 | 0 | 370 | |
| Rio Tinto PLC-Sponsored ADR | ADR | 767204100 | 12,863 | 137,879 | SH | SOLE | 1 | 137,879 | 0 | 0 | |
| Rlj Lodging Trust 7.8 Perp Sr:A Cvt | PFD | 74965L200 | 5,984 | 248,289 | SH | SOLE | 1 | 130,699 | 0 | 117,590 | |
| Rockwell Automation Inc. | COM | 773903109 | 108 | 300 | SH | SOLE | 1 | 0 | 0 | 300 | |
| Rubrik Inc-A | COM | 781154109 | 441 | 9,000 | SH | SOLE | 1 | 9,000 | 0 | 0 | |
| Ryman Hospitality Properties | COM | 78377T107 | 73,098 | 792,215 | SH | SOLE | 1 | 0 | 0 | 792,215 | |
| Saba Capital Income & Opportunities Fund | COM | 78518H202 | 539 | 80,000 | SH | SOLE | 1 | 80,000 | 0 | 0 | |
| Sabra Healthcare Reit Inc | COM | 78573L106 | 1,300 | 67,625 | SH | SOLE | 1 | 67,625 | 0 | 0 | |
| Sailpoint Inc | COM | 78781J109 | 265 | 20,000 | SH | SOLE | 1 | 20,000 | 0 | 0 | |
| salesforce.com inc. | COM | 79466L302 | 112 | 600 | SH | SOLE | 1 | 0 | 0 | 600 | |
| SBA Communications Corporation | COM | 78410G104 | 539,264 | 3,133,241 | SH | SOLE | 1 | 2,970,877 | 0 | 162,364 | |
| Schlumberger Ltd. | COM | 806857108 | 11,102 | 216,036 | SH | SOLE | 1 | 216,036 | 0 | 0 | |
| Sempra Energy | COM | 816851109 | 322,513 | 3,319,062 | SH | SOLE | 1,2 | 3,145,699 | 0 | 173,363 | |
| Shoals Technologies Group In | COM | 82489W107 | 1,219 | 185,333 | SH | SOLE | 1 | 185,333 | 0 | 0 | |
| Shopify Inc - Class A | COM | 82509L107 | 237 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| Simon Property Group Inc. | COM | 828806109 | 1,097,173 | 5,882,007 | SH | SOLE | 1,2 | 4,193,585 | 0 | 1,688,422 | |
| SITE Centers Corp | COM | 82981J851 | 455 | 84,315 | SH | SOLE | 1 | 84,315 | 0 | 0 | |
| SL Green Realty Corp. | COM | 78440X887 | 137,206 | 3,714,293 | SH | SOLE | 1 | 3,282,554 | 0 | 431,739 | |
| Smithfield Foods Inc | COM | 832248207 | 21,785 | 778,858 | SH | SOLE | 1 | 778,858 | 0 | 0 | |
| Snap On Tools Corp. | COM | 833034101 | 131 | 360 | SH | SOLE | 1 | 0 | 0 | 360 | |
| Solaris Energy Infrastructure | COM | 83418M103 | 5,556 | 98,322 | SH | SOLE | 1 | 98,322 | 0 | 0 | |
| Southwest Gas Holdings Inc. | COM | 844895102 | 40,210 | 462,720 | SH | SOLE | 1,2 | 433,758 | 0 | 28,962 | |
| Spdr Dow Jones Reit Etf | COM | 78464A607 | 120 | 1,185 | SH | SOLE | 1 | 1,185 | 0 | 0 | |
| Spdr Gold Minishares Trust | COM | 98149E303 | 103,583 | 1,117,518 | SH | SOLE | 1 | 1,117,518 | 0 | 0 | |
| Spdr Port Shrt Trm Corp Bnd | COM | 78464A474 | 17,025 | 566,191 | SH | SOLE | 1 | 566,191 | 0 | 0 | |
| SPDR Trust Series 1 | COM | 78462F103 | 1,626 | 2,500 | SH | SOLE | 1 | 2,500 | 0 | 0 | |
| Sprott Physical Gold And Silver Trust | COM | 85208R101 | 16,153 | 338,497 | SH | SOLE | 1 | 338,497 | 0 | 0 | |
| Ss&C Technologies Hldgs | COM | 78467J100 | 95 | 1,400 | SH | SOLE | 1 | 0 | 0 | 1,400 | |
| Standardaero Inc | COM | 85423L103 | 258 | 10,000 | SH | SOLE | 1 | 10,000 | 0 | 0 | |
| Steel Dynamics Inc | COM | 858119100 | 5,297 | 29,427 | SH | SOLE | 1 | 29,427 | 0 | 0 | |
| Stem, Inc. | COM | 85859N300 | 282 | 31,887 | SH | SOLE | 1 | 31,887 | 0 | 0 | |
| Sun Communities Inc. | COM | 866674104 | 1,519,509 | 12,063,415 | SH | SOLE | 1,2 | 9,350,649 | 0 | 2,712,766 | |
| Sunococorp Llc | COM | 86765Q106 | 19,599 | 317,904 | SH | SOLE | 1 | 317,904 | 0 | 0 | |
| Sysco Corporation | COM | 871829107 | 114 | 1,600 | SH | SOLE | 1 | 0 | 0 | 1,600 | |
| Tamboran Resources Corp | COM | 87507T101 | 6,853 | 137,091 | SH | SOLE | 1 | 137,091 | 0 | 0 | |
| Targa Resources Corp. | COM | 87612G101 | 259,079 | 1,033,297 | SH | SOLE | 1,2 | 967,780 | 0 | 65,517 | |
| Target Corporation | COM | 87612E106 | 133 | 1,100 | SH | SOLE | 1 | 0 | 0 | 1,100 | |
| Te Connectivity Plc | COM | G87052109 | 167 | 800 | SH | SOLE | 1 | 0 | 0 | 800 | |
| Tekla Healthcare Investors | COM | 87911J103 | 1,594 | 89,573 | SH | SOLE | 1 | 89,573 | 0 | 0 | |
| Tekla Healthcare Opportunities Fund | COM | 879105104 | 636 | 37,845 | SH | SOLE | 1 | 37,845 | 0 | 0 | |
| Templeton Dragon Fund Inc | COM | 88018T101 | 1,156 | 108,960 | SH | SOLE | 1 | 108,960 | 0 | 0 | |
| Tempus Ai Inc | COM | 88023B103 | 317 | 7,000 | SH | SOLE | 1 | 7,000 | 0 | 0 | |
| Tesla Motors Inc. | COM | 88160R101 | 744 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| The American Express Co. | COM | 025816109 | 151 | 500 | SH | SOLE | 1 | 0 | 0 | 500 | |
| The Goldman Sachs Group Inc. | COM | 38141G104 | 398 | 470 | SH | SOLE | 1 | 0 | 0 | 470 | |
| The Home Depot Inc. | COM | 437076102 | 395 | 1,200 | SH | SOLE | 1 | 0 | 0 | 1,200 | |
| The Kroger Co. | COM | 501044101 | 130 | 1,800 | SH | SOLE | 1 | 0 | 0 | 1,800 | |
| The Mosaic Company | COM | 61945C103 | 16,925 | 663,739 | SH | SOLE | 1 | 663,739 | 0 | 0 | |
| The PNC Financial Services Group Inc. | COM | 693475105 | 146 | 700 | SH | SOLE | 1 | 0 | 0 | 700 | |
| The Procter & Gamble Company | COM | 742718109 | 289 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| The Southern Company | COM | 842587107 | 66,750 | 691,562 | SH | SOLE | 1 | 689,332 | 0 | 2,230 | |
| The TJX Companies Inc. | COM | 872540109 | 319 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| The Travelers Companies Inc. | COM | 89417E109 | 204 | 700 | SH | SOLE | 1 | 0 | 0 | 700 | |
| The Walt Disney Company | COM | 254687106 | 125 | 1,300 | SH | SOLE | 1 | 0 | 0 | 1,300 | |
| The Williams Companies Inc. | COM | 969457100 | 478,789 | 6,578,577 | SH | SOLE | 1,2 | 6,158,608 | 0 | 419,969 | |
| Thermo Fisher Scientific Inc. | COM | 883556102 | 246 | 500 | SH | SOLE | 1 | 0 | 0 | 500 | |
| T-Mobile US Inc. | COM | 872590104 | 189 | 900 | SH | SOLE | 1 | 0 | 0 | 900 | |
| Tortoise Energy Infrastructu | COM | 89147L886 | 1,285 | 25,782 | SH | SOLE | 1 | 25,782 | 0 | 0 | |
| Transportador Gas Sur-Sp B | ADR | 893870204 | 3,038 | 87,782 | SH | SOLE | 1 | 87,782 | 0 | 0 | |
| Tyson Foods Inc | COM | 902494103 | 128 | 2,000 | SH | SOLE | 1 | 0 | 0 | 2,000 | |
| U.S. Bancorp | COM | 902973304 | 182 | 3,500 | SH | SOLE | 1 | 0 | 0 | 3,500 | |
| Uber Technologies Inc | COM | 90353T100 | 165 | 2,300 | SH | SOLE | 1 | 0 | 0 | 2,300 | |
| UDR Inc. | COM | 902653104 | 701,452 | 20,765,298 | SH | SOLE | 1,2 | 15,190,011 | 0 | 5,575,287 | |
| Ul Solutions Inc - Class A | COM | 903731107 | 2,143 | 25,000 | SH | SOLE | 1 | 25,000 | 0 | 0 | |
| Union Pacific Corporation | COM | 907818108 | 325,796 | 1,342,825 | SH | SOLE | 1,2 | 1,309,511 | 0 | 33,314 | |
| United Rentals Inc | COM | 911363109 | 146 | 200 | SH | SOLE | 1 | 0 | 0 | 200 | |
| UnitedHealth Group Incorporated | COM | 91324P102 | 271 | 1,000 | SH | SOLE | 1 | 0 | 0 | 1,000 | |
| Vale S.A. ADR | ADR | 91912E105 | 3,314 | 208,278 | SH | SOLE | 1 | 208,278 | 0 | 0 | |
| Valero Energy Corporation | COM | 91913Y100 | 16,278 | 65,881 | SH | SOLE | 1 | 64,781 | 0 | 1,100 | |
| Vanguard Reit Etf | COM | 922908553 | 5,454 | 61,486 | SH | SOLE | 1 | 61,486 | 0 | 0 | |
| Ventas Inc. | COM | 92276F100 | 491,125 | 6,005,439 | SH | SOLE | 1,2 | 504,557 | 0 | 5,500,882 | |
| Venture Global Inc | COM | 92333F101 | 78,930 | 5,008,244 | SH | SOLE | 1,2 | 4,779,480 | 0 | 228,764 | |
| Verisign Inc | COM | 92343E102 | 184 | 740 | SH | SOLE | 1 | 0 | 0 | 740 | |
| Verizon Communications Inc. | COM | 92343V104 | 191 | 3,800 | SH | SOLE | 1 | 0 | 0 | 3,800 | |
| Versant Media Group Inc | COM | 925283103 | 6 | 160 | SH | SOLE | 1 | 0 | 0 | 160 | |
| VICI Properties Inc. | COM | 925652109 | 31,853 | 1,165,909 | SH | SOLE | 1 | 999,586 | 0 | 166,323 | |
| Virtus Alliangzi Convertible & Income FD II | COM | 92838U801 | 3,822 | 285,042 | SH | SOLE | 1 | 285,042 | 0 | 0 | |
| Visa Inc. | COM | 92826C839 | 453 | 1,500 | SH | SOLE | 1 | 0 | 0 | 1,500 | |
| Vistra Energy Corp | COM | 92840M102 | 5,750 | 38,248 | SH | SOLE | 1 | 25,722 | 0 | 12,526 | |
| Walmart Inc. | COM | 931142103 | 199 | 1,600 | SH | SOLE | 1 | 0 | 0 | 1,600 | |
| Waystar Holding Corp | COM | 946784105 | 820 | 34,000 | SH | SOLE | 1 | 34,000 | 0 | 0 | |
| Wells Fargo & Co. 7.5 | PFD | 949746804 | 10,841 | 9,386 | SH | SOLE | 1 | 9,386 | 0 | 0 | |
| Wells Fargo & Company | COM | 949746101 | 279 | 3,500 | SH | SOLE | 1 | 0 | 0 | 3,500 | |
| Wells Fargo Advantage Utilities and High Income Fund | COM | 94987E109 | 1,611 | 133,159 | SH | SOLE | 1 | 133,159 | 0 | 0 | |
| Wells Fargo Multi-Sector Income Fund | COM | 94987D101 | 1,295 | 143,767 | SH | SOLE | 1 | 143,767 | 0 | 0 | |
| Welltower Inc. | COM | 95040Q104 | 7,086,971 | 35,845,277 | SH | SOLE | 1,2 | 28,988,869 | 0 | 6,856,408 | |
| Weride Inc-Adr | ADR | 950915108 | 445 | 55,000 | SH | SOLE | 1 | 55,000 | 0 | 0 | |
| Western Asset Divers Inc | COM | 95790K109 | 3,669 | 272,993 | SH | SOLE | 1 | 272,993 | 0 | 0 | |
| Western Asset Emerging Marke | COM | 95766A101 | 2,651 | 270,000 | SH | SOLE | 1 | 270,000 | 0 | 0 | |
| Western Asset Global High In | COM | 95766B109 | 2,436 | 412,919 | SH | SOLE | 1 | 412,919 | 0 | 0 | |
| Western Asset Managed Munici | COM | 95766M105 | 545 | 53,000 | SH | SOLE | 1 | 53,000 | 0 | 0 | |
| Western Asset Mtg Def O | COM | 95790B109 | 430 | 40,000 | SH | SOLE | 1 | 40,000 | 0 | 0 | |
| Weyerhaeuser Company | COM | 962166104 | 470,895 | 19,275,260 | SH | SOLE | 1 | 16,400,643 | 0 | 2,874,617 | |
| Wheaton Precious Metals | COM | 962879102 | 1,156 | 8,826 | SH | SOLE | 1 | 8,826 | 0 | 0 | |
| Xcel Energy Inc. | COM | 98389B100 | 147,999 | 1,863,026 | SH | SOLE | 1,2 | 1,742,678 | 0 | 120,348 | |