0001752724-24-045474.txt : 20240228 0001752724-24-045474.hdr.sgml : 20240228 20240228120141 ACCESSION NUMBER: 0001752724-24-045474 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 PERIOD START: 20231231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COHEN & STEERS TOTAL RETURN REALTY FUND INC CENTRAL INDEX KEY: 0000891290 ORGANIZATION NAME: IRS NUMBER: 133680664 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07154 FILM NUMBER: 24692333 BUSINESS ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-832-3232 MAIL ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: COHEN & STEERS OPPORTUNITY TRUST INC DATE OF NAME CHANGE: 19930714 NPORT-P 1 primary_doc.xml NPORT-P false 0000891290 XXXXXXXX COHEN & STEERS TOTAL RETURN REALTY FUND INC 811-07154 0000891290 GX4NWLLSAEWW78DPBS49 1166 Avenue of the Americas, 30th Floor NEW YORK 10036 212-832-3232 COHEN & STEERS TOTAL RETURN REALTY FUND INC GX4NWLLSAEWW78DPBS49 2023-12-31 2023-12-31 N 318351975.26 1034743.22 317317232.04 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 78444.72000000 N PHILLIPS EDISON GROCERY 549300WUPIVS6ZE0ZI51 Phillips Edison Grocery Center Operating Partnership I LP 71845JAA6 200000.00000000 PA USD 160090.87000000 0.050451363441 Long DBT US N 2 2031-11-15 Fixed 2.62500000 N N N N N N AT&T INC 549300Z40J86GGSTL398 AT&T Inc 00206R706 18000.00000000 NS USD 355140.00000000 0.111919544273 Long EP CORP US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746RN3 600000.00000000 PA USD 595245.84000000 0.187586988633 Long DBT CORP US N 2 2025-06-15 Variable 5.87500000 N N N N N N UMH Properties Inc 529900OM5K3PJ11F0Q09 UMH Properties Inc 903002509 18731.00000000 NS USD 421447.50000000 0.132815825125 Long EP US N 1 N N N Kite Realty Group Trust 549300OVTYLM7DH6CM14 Kite Realty Group Trust 76131VAB9 900000.00000000 PA USD 848686.71000000 0.267456861558 Long DBT US N 2 2030-09-15 Fixed 4.75000000 N N N N N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 American Express Co 025816CH0 219000.00000000 PA USD 188296.20000000 0.059340048691 Long DBT CORP US N 2 2026-09-15 Fixed 3.55000000 N N N N N N Welltower Inc 254900F33BIAR82QTA19 Welltower Inc 95040Q104 208640.00000000 NS USD 18813068.80000000 5.928788890238 Long EC US N 1 N N N Highwoods Properties Inc ZIIGTYKL9T0X3HLTDX53 Highwoods Properties Inc 431284108 71119.00000000 NS USD 1632892.24000000 0.514592992477 Long EC US N 1 N N N Realty Income Corp 549300CUWDAUZSH43859 Realty Income Corp 756109104 243058.00000000 NS USD 13956390.36000000 4.398245336465 Long EC US N 1 N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 PNC Financial Services Group Inc/The 693475BF1 553000.00000000 PA USD 539030.06000000 0.169871033014 Long DBT CORP US N 2 2027-09-15 Fixed 6.20000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp 060505EN0 567000.00000000 PA USD 563035.54000000 0.177436168965 Long DBT CORP US N 2 2025-03-17 Fixed 6.10000000 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 Goldman Sachs Group Inc/The 38141GYU2 225000.00000000 PA USD 200655.18000000 0.063234882867 Long DBT CORP US N 2 2026-11-10 Fixed 4.12500000 N N N N N N LEGACY GATEWAY JV LLC N/A LEGACY GATEWAY JV LLC 000000000 0.00000000 OU Ownership in Joint Venture USD 3058561.16000000 0.963881205044 Long EC US N 3 N N N CENTERSPACE 5493002LG2SH9EEHT720 Centerspace 15202L206 19695.00000000 NS USD 484300.05000000 0.152623305985 Long EP US N 1 N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 48128B549 22843.00000000 NS USD 476961.84000000 0.150310727511 Long EP CORP US N 1 N N N CMS Energy Corp 549300IA9XFBAGNIBW29 CMS Energy Corp 125896852 17000.00000000 NS USD 420750.00000000 0.132596013552 Long EP CORP US N 1 N N N State Street Institutional Treasury Plus Money Market Fund 549300PNASLVKQG64331 State Street Institutional Treasury Plus Money Market Fund 857492862 1878538.51000000 NS USD 1878538.51000000 0.592006459253 Long STIV RF US N 2 N N N ALLSTATE CORP OBT0W1ED8G0NWVOLOJ77 Allstate Corp/The 020002788 10725.00000000 NS USD 289575.00000000 0.091257256386 Long EP CORP US N 1 N N N WP Carey Inc 54930042CRNE713E3Q67 WP Carey Inc 92936U109 96891.00000000 NS USD 6279505.71000000 1.978936242960 Long EC US N 1 N N N UDR Inc P3CH2EG5X6Z1XWU1OO74 UDR Inc 902653104 184305.00000000 NS USD 7057038.45000000 2.223969497222 Long EC US N 1 N N N MARKEL GROUP INC 549300SCNO12JLWIK605 Markel Group Inc 570535AW4 350000.00000000 PA USD 346481.80000000 0.109190981458 Long DBT CORP US N 2 2025-06-01 Fixed 6.00000000 N N N N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 Charles Schwab Corp/The 808513BJ3 500000.00000000 PA USD 395529.90000000 0.124648099776 Long DBT CORP US N 2 2030-12-01 Fixed 4.00000000 N N N N N N COREBRIDGE FINANCIAL INC 549300XY1661QCIA7J65 Corebridge Financial Inc 21871XAP4 300000.00000000 PA USD 299387.59000000 0.094349616021 Long DBT CORP US N 2 2052-12-15 Fixed 6.87500000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp 060505EH3 875000.00000000 PA USD 869128.23000000 0.273898843883 Long DBT CORP US N 2 2024-09-05 Fixed 6.25000000 N N N N N N AT&T INC 549300Z40J86GGSTL398 AT&T Inc 000000000 500000.00000000 PA 531794.87000000 0.167590920474 Long DBT CORP US N 2 2025-03-02 Fixed 2.87500000 N N N N N N SEMPRA PBBKGKLRK5S5C0Y4T545 Sempra 816851604 9984.00000000 NS USD 249400.32000000 0.078596525753 Long EP CORP US N 1 N N N VICI PROPERTIES LP 254900X4QE7SGKQLLN38 VICI Properties LP 925650AD5 375000.00000000 PA USD 365971.35000000 0.115332958014 Long DBT US N 2 2032-05-15 Fixed 5.12500000 N N N N N N GLOBAL NET LEASE/GLOBAL N/A Global Net Lease Inc / Global Net Lease Operating Partnership LP 37892AAA8 300000.00000000 PA USD 250936.98000000 0.079080791921 Long DBT US N 2 2027-12-15 Fixed 3.75000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625HJQ4 680000.00000000 PA USD 679046.98000000 0.213996250892 Long DBT CORP US N 2 2024-02-01 Fixed 6.75000000 N N N N N N SIMON PROPERTY GROUP LP MR92GTD0MJTTTTQDVG45 Simon Property Group LP 828807DU8 285000.00000000 PA USD 294706.80000000 0.092874502309 Long DBT US N 2 2033-03-08 Fixed 5.50000000 N N N N N N VODAFONE GROUP PLC 213800TB53ELEUKM7Q61 Vodafone Group PLC 92857WBW9 800000.00000000 PA USD 689804.80000000 0.217386492238 Long DBT CORP GB N 2 2081-06-04 Fixed 4.12500000 N N N N N N KIMCO REALTY OP LLC 549300EA7I6T15IBYS12 Kimco Realty OP LLC 49447BAA1 415000.00000000 PA USD 455385.85000000 0.143511225996 Long DBT US N 2 2034-03-01 Fixed 6.40000000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup Inc 172967JM4 400000.00000000 PA USD 392023.00000000 0.123542928154 Long DBT CORP US N 2 2025-05-15 Fixed 5.95000000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup Inc 172967KM2 430000.00000000 PA USD 425483.93000000 0.134087873912 Long DBT CORP US N 2 2026-08-15 Fixed 6.25000000 N N N N N N Americold Realty Trust Inc 894500O3S3W62PQPO460 Americold Realty Trust Inc 03064D108 210861.00000000 NS USD 6382762.47000000 2.011476789005 Long EC US N 1 N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 Bank of America Corp 06053U601 14965.00000000 NS USD 344344.65000000 0.108517475646 Long EP CORP US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 94988U151 18400.00000000 NS USD 366712.00000000 0.115566367966 Long EP CORP US N 1 N N N Lloyds Banking Group PLC 549300PPXHEU2JF0AM85 Lloyds Banking Group PLC 539439AG4 400000.00000000 PA USD 396542.95000000 0.124967354420 Long DBT CORP GB N 2 2024-06-27 Fixed 7.50000000 N N N N Y Lloyds Banking Group PLC Lloyds Banking Group PLC USD XXXX N N N State Street Institutional US Government Money Market Fund 549300BZ5TGIFZUZDZ37 State Street Institutional US Government Money Market Fund 857492706 3304811.61000000 NS USD 3304811.61000000 1.041485074338 Long STIV RF US N 2 N N N NATIONAL STORAGE AFFILIA 529900FS06O8GOYNR108 National Storage Affiliates Trust 637870205 15031.00000000 NS USD 355332.84000000 0.111980316264 Long EP US N 1 N N N GREEN BRICK PARTNERS INC 549300R7SCIV7FQI6T56 Green Brick Partners Inc 392709200 6230.00000000 NS USD 112140.00000000 0.035340028424 Long EP CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp 060505229 24869.00000000 NS USD 617248.58000000 0.194520977014 Long EP CORP US N 1 N N N ARGENTUM (ZURICH INS) 50ZCTKCMUDIABGHX3R52 Argentum Netherlands BV for Zurich Insurance Co Ltd 000000000 400000.00000000 PA USD 386700.00000000 0.121865427072 Long DBT CORP NL N 2 2048-06-01 Fixed 5.12500000 N N N N N N ALGONQUIN PWR & UTILITY 549300K5VIUTJXQL7X75 Algonquin Power & Utilities Corp 015857AH8 400000.00000000 PA USD 338454.00000000 0.106661084185 Long DBT CORP CA N 2 2082-01-18 Fixed 4.75000000 N N N N N N Sun Communities Inc 549300H5GEOJYN41ZG57 Sun Communities Inc 866674104 70243.00000000 NS USD 9387976.95000000 2.958546212459 Long EC US N 1 N N N Intesa Sanpaolo SpA 2W8N8UU78PMDQKZENC08 Intesa Sanpaolo SpA 46115HAU1 200000.00000000 PA USD 197021.60000000 0.062089789052 Long DBT CORP IT N 2 2025-09-17 Fixed 7.70000000 N N N N Y Intesa Sanpaolo SpA Intesa Sanpaolo SpA USD XXXX N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust Inc 253868830 16005.00000000 NS USD 397724.25000000 0.125339631712 Long EP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 Prologis Inc 74340W103 160867.00000000 NS USD 21443571.10000000 6.757770752675 Long EC US N 1 N N N REGENCY CENTERS CORP 529900053A7X7FJ97S58 Regency Centers Corp 758849871 25000.00000000 NS USD 587500.00000000 0.185145948810 Long EP US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent 02665T306 47797.00000000 NS USD 1718780.12000000 0.541659874236 Long EC US N 1 N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 Public Storage 74460W461 33847.00000000 NS USD 604845.89000000 0.190612367979 Long EP US N 1 N N N BRANDYWINE OPER PARTNERS IXBXSCONLDQ1ZI73YU71 Brandywine Operating Partnership LP 105340AR4 200000.00000000 PA USD 202495.66000000 0.063814895490 Long DBT US N 2 2028-03-15 Fixed 7.80000000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 SUN COMMUNITIES INC 000000000 -47.00000000 NC USD -5975.58000000 -0.00188315647 N/A DE US N 2 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Sun Communities, Inc. Sun Communities, Inc. 100.00000000 145.00000000 USD 2024-02-16 XXXX 1230.91000000 N N N ESSENTIAL PROPER 254900XX9FNFCDE1NX02 Essential Properties LP 29670VAA7 200000.00000000 PA USD 157484.66000000 0.049630037104 Long DBT CORP US N 2 2031-07-15 Fixed 2.95000000 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP Paribas SA 05565AHN6 600000.00000000 PA USD 597759.12000000 0.188379028821 Long DBT CORP FR N 2 2024-03-25 Fixed 6.62500000 N N N N Y BNP Paribas SA BNP Paribas SA USD XXXX N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 Enbridge Inc 29250NBT1 270000.00000000 PA USD 287859.42000000 0.090716605004 Long DBT CORP CA N 2 2084-01-15 Fixed 8.50000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 48128B655 13000.00000000 NS USD 325000.00000000 0.102421163171 Long EP CORP US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746TD3 1120000.00000000 PA USD 1035531.39000000 0.326339475276 Long DBT CORP US N 2 2026-03-15 Fixed 3.90000000 N N N N N N SUNSTONE HOTEL INVESTORS 529900ZQ2V52V96ATF67 Sunstone Hotel Investors Inc 867892804 11402.00000000 NS USD 247993.50000000 0.078153177627 Long EP US N 1 N N N CMS Energy Corp 549300IA9XFBAGNIBW29 CMS Energy Corp 125896845 20000.00000000 NS USD 499400.00000000 0.157381935040 Long EP CORP US N 1 N N N QBE Insurance Group Ltd 549300D2FBW76FPUSG65 QBE Insurance Group Ltd 000000000 606000.00000000 PA USD 605512.68000000 0.190822501541 Long DBT CORP AU N 2 2044-12-02 Fixed 6.75000000 N N N N N N American Tower Corp 5493006ORUSIL88JOE18 American Tower Corp 03027X100 149224.00000000 NS USD 32214477.12000000 10.15213605416 Long EC US N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 PROLOGIS INC 000000000 -52.00000000 NC USD -37440.00000000 -0.01179891799 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Prologis, Inc. Prologis, Inc. 100.00000000 130.00000000 USD 2024-02-16 XXXX -31325.85000000 N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 Enbridge Inc 29250NBN4 340000.00000000 PA USD 335189.95000000 0.105632444807 Long DBT CORP CA N 2 2083-01-15 Fixed 7.37500000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 48126HAC4 430000.00000000 PA USD 427909.43000000 0.134852250931 Long DBT CORP US N 2 2024-10-01 Fixed 6.10000000 N N N N N N REGIONS FINANCIAL CORP CW05CS5KW59QTC0DG824 Regions Financial Corp 7591EPAR1 200000.00000000 PA USD 194396.80000000 0.061262604224 Long DBT CORP US N 2 2025-06-15 Fixed 5.75000000 N N N N N N SITE Centers Corp W2AVA6SODOQ1LCYJQR54 SITE Centers Corp 82981J877 48952.00000000 NS USD 1130791.20000000 0.356359846179 Long EP US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 95002Y400 9775.00000000 NS USD 173799.50000000 0.054771529072 Long EP CORP US N 1 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust Inc 253868822 10175.00000000 NS USD 226699.00000000 0.071442385445 Long EP US N 1 N N N Lamar Advertising Co 529900Y8WW4MKVPTB543 Lamar Advertising Co 512816109 11904.00000000 NS USD 1265157.12000000 0.398704196386 Long EC US N 1 N N N Crown Castle Inc 54930012H97VSM0I2R19 Crown Castle Inc 22822V101 80717.00000000 NS USD 9297791.23000000 2.930124900631 Long EC US N 1 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 Energy Transfer LP 29273VAN0 200000.00000000 PA USD 190556.00000000 0.060052206674 Long DBT CORP US N 2 2026-11-15 Fixed 6.50000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625HJW1 155000.00000000 PA USD 154006.79000000 0.048534014055 Long DBT CORP US N 2 2024-04-30 Fixed 6.12500000 N N N N N N Public Storage 549300LMZF40TKJ6DM64 Public Storage 74460D109 6200.00000000 NS USD 1891000.00000000 0.595933598639 Long EC US N 1 N N N SAUL CENTERS INC N/A Saul Centers Inc 804395879 21465.00000000 NS USD 511510.95000000 0.161198604535 Long EP US N 1 N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 Societe Generale SA 83370RAC2 200000.00000000 PA USD 209723.60000000 0.066092723251 Long DBT CORP FR N 2 2027-11-22 Fixed 9.37500000 N N N N Y Societe Generale SA Societe Generale SA USD XXXX N N N BG LLH, LLC N/A BG LLH, LLC 000000000 21740.00000000 NS USD 2363790.20000000 0.744929667009 Long EC US Y 3 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 Host Hotels & Resorts Inc 44107P104 211154.00000000 NS USD 4111168.38000000 1.295601992230 Long EC US N 1 N N N RETAIL OPPORTUNITY IN 549300KH0PNTJK9NTE57 Retail Opportunity Investments Partnership LP 76132FAC1 275000.00000000 PA USD 289195.23000000 0.091137574893 Long DBT US N 2 2028-10-15 Fixed 6.75000000 N N N N N N DIGITALBRIDGE GROUP INC 549300XG87L902AGBO89 DigitalBridge Group Inc 25401T306 43643.00000000 NS USD 1002043.28000000 0.315785963957 Long EP CORP US N 1 N N N BANK OF NY MELLON CORP WFLLPEPC7FZXENRZV188 Bank of New York Mellon Corp/The 064058AL4 388000.00000000 PA USD 336330.78000000 0.105991968301 Long DBT CORP US N 2 2026-12-20 Fixed 3.75000000 N N N N N N PRUDENTIAL FINANCIAL INC 5PRBRS5FEH7NREC8OR45 Prudential Financial Inc 744320BK7 300000.00000000 PA USD 299305.62000000 0.094323783828 Long DBT CORP US N 2 2052-09-01 Fixed 6.00000000 N N N N N N SOUTHERN CO 549300FC3G3YU2FBZD92 Southern Co/The 842587800 2579.00000000 NS USD 57975.92000000 0.018270649730 Long EP CORP US N 1 N N N PUBLIC STORAGE OP CO 549300LMZF40TKJ6DM64 Public Storage Operating Co 74460WAH0 225000.00000000 PA USD 235285.74000000 0.074148428210 Long DBT US N 2 2053-08-01 Fixed 5.35000000 N N N N N N SUMMIT HOTEL PROPERTIES 254900OBQWJK6X20LS71 Summit Hotel Properties Inc 866082704 14054.00000000 NS USD 293728.60000000 0.092566230365 Long EP US N 1 N N N Kimco Realty Corp 254900ARY41P4V1JL861 Kimco Realty Corp 49446R109 301277.00000000 NS USD 6420212.87000000 2.023278984480 Long EC US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent 02665T876 23645.00000000 NS USD 568662.25000000 0.179209381836 Long EP US N 1 N N N Essex Property Trust Inc 549300TR2H2VEFX0NC60 Essex Property Trust Inc 297178105 5547.00000000 NS USD 1375323.18000000 0.433422153331 Long EC US N 1 N N N EPR Properties 549300YSSXFHMPOWZ492 EPR Properties 26884U505 16472.00000000 NS USD 342617.60000000 0.107973209585 Long EP US N 1 N N N SUMMIT HOTEL PROPERTIES 254900OBQWJK6X20LS71 Summit Hotel Properties Inc 866082605 31105.00000000 NS USD 676844.80000000 0.213302251393 Long EP US N 1 N N N CMS Energy Corp 549300IA9XFBAGNIBW29 CMS Energy Corp 125896860 5162.00000000 NS USD 126727.10000000 0.039937036884 Long EP CORP US N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 WELLTOWER INC 000000000 -71.00000000 NC USD -13955.05000000 -0.00439782293 N/A DE US N 2 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Welltower, Inc. Welltower, Inc. 100.00000000 95.00000000 USD 2024-03-15 XXXX 1564.06000000 N N N Spirit Realty Capital Inc 549300LTU6LVPZSHMJ25 Spirit Realty Capital Inc 84860W300 69612.00000000 NS USD 3041348.28000000 0.958456702917 Long EC US N 1 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 Energy Transfer LP 29273V605 27235.00000000 NS USD 675428.00000000 0.212855758150 Long EP CORP US N 1 N N N Camden Property Trust 5493002MYX22OHYJBD89 Camden Property Trust 133131102 27113.00000000 NS USD 2692049.77000000 0.848378057722 Long EC US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 95002YAA1 270000.00000000 PA USD 283988.97000000 0.089496863493 Long DBT CORP US N 2 2028-09-15 Fixed 7.62500000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 Energy Transfer LP 29273VAM2 515000.00000000 PA USD 475848.96000000 0.149960012237 Long DBT CORP US N 2 2030-05-15 Fixed 7.12500000 N N N N N N Iron Mountain Inc SQL3F6CKNNBM3SQGHX24 Iron Mountain Inc 46284V101 97503.00000000 NS USD 6823259.94000000 2.150296060549 Long EC US N 1 N N N Brown Brothers Harriman & Co. 5493006KMX1VFTPYPW14 PURCHASED USD / SOLD EUR 000000000 1.00000000 NC -10308.00000000 -0.00324848415 N/A DFE US N 2 Brown Brothers Harriman & Co. 5493006KMX1VFTPYPW14 772936.00000000 EUR 842974.82000000 USD 2024-01-03 -10308.00000000 N N N SABRA HEALTH CARE LP 549300OVKLRFSIQG0H81 Sabra Health Care LP 78574MAA1 100000.00000000 PA USD 81894.63000000 0.025808440806 Long DBT US N 2 2031-12-01 Fixed 3.20000000 N N N N N N AT&T INC 549300Z40J86GGSTL398 AT&T Inc 00206R508 18000.00000000 NS USD 377820.00000000 0.119066965752 Long EP CORP US N 1 N N N VICI PROPERTIES LP 254900X4QE7SGKQLLN38 VICI Properties LP 925650AE3 200000.00000000 PA USD 191975.00000000 0.060499393230 Long DBT US N 2 2052-05-15 Fixed 5.62500000 N N N N N N LXP INDUSTRIAL TRUST 549300S4MH2ICXDBFV43 LXP Industrial Trust 529043309 17289.00000000 NS USD 836268.93000000 0.263543497030 Long EP US N 1 N N N VICI PROPERTIES / NOTE N/A VICI Properties LP / VICI Note Co Inc 92564RAE5 594000.00000000 PA USD 541701.42000000 0.170712890856 Long DBT US N 2 2030-08-15 Fixed 4.12500000 N N N N N N SOUTHERN CO 549300FC3G3YU2FBZD92 Southern Co/The 842587DJ3 535000.00000000 PA USD 488459.23000000 0.153934038457 Long DBT CORP US N 2 2051-09-15 Fixed 3.75000000 N N N N N N ARMADA HOFFLER PROPERTIE 549300WQRSIV6XZT9313 Armada Hoffler Properties Inc 04208T207 53000.00000000 NS USD 1272000.00000000 0.400860675552 Long EP US N 1 N N N DEUTSCHE BANK AG 7LTWFZYICNSX8D621K86 Deutsche Bank AG 251525AN1 400000.00000000 PA USD 391698.16000000 0.123440557413 Long DBT CORP DE N 2 2025-04-30 Fixed 7.50000000 N N N N Y Deutsche Bank AG Deutsche Bank AG USD XXXX N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 Charles Schwab Corp/The 808513BK0 1250000.00000000 PA USD 1103411.50000000 0.347731351652 Long DBT CORP US N 2 2026-06-01 Fixed 4.00000000 N N N N N N TANGER PROPERTIES LP PQPGJDNFN35EXH363L31 Tanger Properties LP 875484AL1 225000.00000000 PA USD 181181.08000000 0.057097775256 Long DBT US N 2 2031-09-01 Fixed 2.75000000 N N N N N N SCENTRE GROUP TRUST 2 549300VRF0U0JH8TBJ74 Scentre Group Trust 2 76025LAA2 400000.00000000 PA USD 375053.32000000 0.118195068571 Long DBT AU N 2 2080-09-24 Fixed 4.75000000 N N N N N N REALTY INCOME CORP 549300CUWDAUZSH43859 Realty Income Corp 000000000 275000.00000000 PA 336307.43000000 0.105984609735 Long DBT US N 2 2034-07-06 Fixed 5.12500000 N N N N N N HUDSON PACIFIC PROPERTIE 5493007NTUGLGZ8T3526 Hudson Pacific Properties LP 44409MAD8 450000.00000000 PA USD 398269.30000000 0.125511399881 Long DBT US N 2 2028-02-15 Fixed 5.95000000 N N N N N N VORNADO REALTY LP 549300BMOJ05INE4YK86 Vornado Realty LP 929043AK3 150000.00000000 PA USD 135323.87000000 0.042646240524 Long DBT US N 2 2026-06-01 Fixed 2.15000000 N N N N N N SPIRIT REALTY CAPITAL IN 549300LTU6LVPZSHMJ25 Spirit Realty Capital Inc 84860W201 47667.00000000 NS USD 1121127.84000000 0.353314515191 Long EP US N 1 N N N SIMON PROPERTY GROUP LP MR92GTD0MJTTTTQDVG45 Simon Property Group LP 828807DV6 200000.00000000 PA USD 212773.00000000 0.067053717389 Long DBT US N 2 2053-03-08 Fixed 5.85000000 N N N N N N Credit Agricole SA 969500TJ5KRTCJQWXH05 Credit Agricole SA 225313AL9 300000.00000000 PA USD 298759.05000000 0.094151536643 Long DBT CORP FR N 2 2024-09-23 Fixed 6.87500000 N N N N Y Credit Agricole SA Credit Agricole SA USD XXXX N N N Lloyds Banking Group PLC 549300PPXHEU2JF0AM85 Lloyds Banking Group PLC 539439AU3 800000.00000000 PA USD 785432.40000000 0.247522769233 Long DBT CORP GB N 2 2025-09-27 Fixed 7.50000000 N N N N Y Lloyds Banking Group PLC Lloyds Banking Group PLC USD XXXX N N N VORNADO REALTY TRUST N/A Vornado Realty Trust 929042810 22545.00000000 NS USD 346065.75000000 0.109059866612 Long EP US N 1 N N N VICI PROPERTIES / NOTE N/A VICI Properties LP / VICI Note Co Inc 92564RAJ4 750000.00000000 PA USD 752799.01000000 0.237238616119 Long DBT US N 2 2027-02-01 Fixed 5.75000000 N N N N N N REXFORD INDUSTRIAL REALT 549300MSLO0DF0EMX355 Rexford Industrial Realty Inc 76169C407 23833.00000000 NS USD 531473.52000000 0.167489649579 Long EP US N 1 N N N VICI Properties Inc 254900RKH6RY9KCJQH63 VICI Properties Inc 925652109 154919.00000000 NS USD 4938817.72000000 1.556429094080 Long EC US N 1 N N N NETSTREIT Corp 254900CJL0EDMEQ25Q84 NETSTREIT Corp 64119V303 142445.00000000 NS USD 2542643.25000000 0.801293782141 Long EC US N 1 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 Simon Property Group Inc 828806109 109615.00000000 NS USD 15635483.60000000 4.927398206356 Long EC US N 1 N N N HUDSON PACIFIC PROPERTIE N/A Hudson Pacific Properties Inc 444097307 28000.00000000 NS USD 392280.00000000 0.123623919658 Long EP US N 1 N N N RLJ Lodging Trust N/A RLJ Lodging Trust 74965L200 15408.00000000 NS USD 385970.40000000 0.121635499439 Long EP US N 1 N N N DIGITALBRIDGE GROUP INC 549300XG87L902AGBO89 DigitalBridge Group Inc 25401T405 74794.00000000 NS USD 1735220.80000000 0.546841023679 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 Citigroup Inc 172967NB3 400000.00000000 PA USD 344294.56000000 0.108501690181 Long DBT CORP US N 2 2026-11-15 Fixed 4.15000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 Morgan Stanley 61761J406 15000.00000000 NS USD 371400.00000000 0.117043753852 Long EP CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 American Tower Corp 03027XBZ2 425000.00000000 PA USD 441957.06000000 0.139279249714 Long DBT US N 2 2033-03-15 Fixed 5.65000000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 SIMON PROPERTY GROUP INC 000000000 -47.00000000 NC USD -42065.00000000 -0.01325644993 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Simon Property Group, Inc. Simon Property Group, Inc. 100.00000000 135.00000000 USD 2024-01-19 XXXX -35530.60000000 N N N US CELLULAR CORP 549300B164AZXESI6E03 United States Cellular Corp 911684884 17967.00000000 NS USD 315500.52000000 0.099427477660 Long EP CORP US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 AT&T Inc 00206R409 19118.00000000 NS USD 474126.40000000 0.149417161164 Long EP CORP US N 1 N N N VODAFONE GROUP PLC 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC 000000000 500000.00000000 PA USD 498720.00000000 0.157167638452 Long DBT CORP GB N 2 2078-10-03 Fixed 6.25000000 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP Paribas SA 05565AM34 800000.00000000 PA USD 818616.00000000 0.257980316649 Long DBT CORP FR N 2 2029-08-16 Fixed 7.75000000 N N N N Y BNP Paribas SA BNP Paribas SA USD XXXX N N N Options Clearing Corp. 549300CII6SLYGKNHA04 AMERICAN TOWER CORP 000000000 -29.00000000 NC USD -7540.00000000 -0.00237617098 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written American Tower Corp. American Tower Corp. 100.00000000 220.00000000 USD 2024-01-19 XXXX -939.63000000 N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 PNC Financial Services Group Inc/The 693475BD6 300000.00000000 PA USD 284853.90000000 0.089769439298 Long DBT CORP US N 2 2027-05-15 Fixed 6.00000000 N N N N N N Emera Inc NQZVQT2P5IUF2PGA1Q48 Emera Inc 290876AD3 335000.00000000 PA USD 329294.75000000 0.103774619450 Long DBT CORP CA N 2 2076-06-15 Fixed 6.75000000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 Citigroup Inc 172967MU2 900000.00000000 PA USD 830620.80000000 0.261763533817 Long DBT CORP US N 2 2025-12-10 Fixed 4.00000000 N N N N N N UBS Group AG 549300SZJ9VS8SGXAN81 UBS Group AG 90352JAF0 400000.00000000 PA USD 400126.60000000 0.126096713193 Long DBT CORP CH N 2 2024-01-31 Fixed 7.00000000 N N N N Y UBS Group AG UBS Group AG USD XXXX N N N SPIRIT REALTY LP 549300GTBVIBJRX5BW73 Spirit Realty LP 84861TAF5 300000.00000000 PA USD 273469.73000000 0.086181808735 Long DBT US N 2 2030-01-15 Fixed 3.40000000 N N N N N N Societe Generale O2RNE8IBXP4R0TD8PU41 Societe Generale SA 83368JFA3 800000.00000000 PA USD 799905.36000000 0.252083807380 Long DBT CORP FR N 2 2025-09-29 Fixed 8.00000000 N N N N Y Societe Generale SA Societe Generale SA USD XXXX N N N NECESS RETAIL/AFIN OP LP N/A Necessity Retail REIT Inc/The / American Finance Operating Partner LP 02608AAA7 600000.00000000 PA USD 505914.00000000 0.159434770292 Long DBT US N 2 2028-09-30 Fixed 4.50000000 N N N N N N PIEDMONT OPERATING PARTN 549300WKGDPAS39FBD10 Piedmont Operating Partnership LP 720198AG5 175000.00000000 PA USD 184982.21000000 0.058295671120 Long DBT US N 2 2028-07-20 Fixed 9.25000000 N N N N N N Barclays PLC 213800LBQA1Y9L22JB70 Barclays PLC 06738EBG9 800000.00000000 PA USD 796499.52000000 0.251010484012 Long DBT CORP GB N 2 2024-06-15 Fixed 8.00000000 N N N N Y Barclays PLC Barclays PLC USD XXXX N N N Vodafone Group PLC 213800TB53ELEUKM7Q61 Vodafone Group PLC 92857WBQ2 300000.00000000 PA USD 310051.20000000 0.097710167836 Long DBT CORP GB N 2 2079-04-04 Fixed 7.00000000 N N N N N N AGREE REALTY CORP N/A Agree Realty Corp 008492209 15501.00000000 NS USD 289868.70000000 0.091349813603 Long EP US N 1 N N N Apartment Income REIT Corp N/A Apartment Income REIT Corp 03750L109 67866.00000000 NS USD 2356986.18000000 0.742785434263 Long EC US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent 02665T868 29838.00000000 NS USD 756094.92000000 0.238277295922 Long EP US N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 DIGITAL REALTY TRUST INC 000000000 -45.00000000 NC USD -9000.00000000 -0.00283627836 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Digital Realty Trust, Inc. Digital Realty Trust, Inc. 100.00000000 145.00000000 USD 2024-02-16 XXXX 2186.04000000 N N N Medical Properties Trust Inc 254900U6E39J1MQCCY14 Medical Properties Trust Inc 58463J304 122409.00000000 NS USD 601028.19000000 0.189409250211 Long EC US N 1 N N N UBS Group AG 549300SZJ9VS8SGXAN81 UBS Group AG 000000000 400000.00000000 PA USD 394312.00000000 0.124264288284 Long DBT CORP CH N 2 2025-08-07 Fixed 6.87500000 N N N N Y UBS Group AG UBS Group AG USD XXXX N N N Options Clearing Corp. 549300CII6SLYGKNHA04 PUBLIC STORAGE 000000000 -22.00000000 NC USD -79319.68000000 -0.02499696580 N/A DE US N 2 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Public Storage Public Storage 100.00000000 270.00000000 USD 2024-01-19 XXXX -72821.13000000 N N N Mid-America Apartment Communities Inc 549300FQZKFR5YNSHZ21 Mid-America Apartment Communities Inc 59522J103 49827.00000000 NS USD 6699738.42000000 2.111369236687 Long EC US N 1 N N N CITY OFFICE REIT 5493003J7157VP25NL57 City Office REIT Inc 178587200 20543.00000000 NS USD 402231.94000000 0.126760194337 Long EP US N 1 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust Inc 253868103 104336.00000000 NS USD 14041538.88000000 4.425079214806 Long EC US N 1 N N N Saul Centers Inc N/A Saul Centers Inc 804395804 39100.00000000 NS USD 918850.00000000 0.289568263939 Long EP US N 1 N N N BANK OF NOVA SCOTIA L3I9ZG2KFGXZ61BMYR72 Bank of Nova Scotia/The 0641598S8 200000.00000000 PA USD 208281.40000000 0.065638225400 Long DBT CORP CA N 2 2082-10-27 Fixed 8.62500000 N N N N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 Weyerhaeuser Co 962166104 40389.00000000 NS USD 1404325.53000000 0.442562013090 Long EC US N 1 N N N Extra Space Storage Inc N/A Extra Space Storage Inc 30225T102 57184.00000000 NS USD 9168310.72000000 2.889320148501 Long EC US N 1 N N N Enbridge Inc 98TPTUM4IVMFCZBCUR27 Enbridge Inc 29250NAN5 300000.00000000 PA USD 285308.88000000 0.089912822624 Long DBT CORP CA N 2 2077-01-15 Fixed 6.00000000 N N N N N N SEMPRA PBBKGKLRK5S5C0Y4T545 Sempra 816851BM0 500000.00000000 PA USD 431584.40000000 0.136010388476 Long DBT CORP US N 2 2052-04-01 Fixed 4.12500000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 CROWN CASTLE INC 000000000 -26.00000000 NC USD -390.00000000 -0.00012290539 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Crown Castle, Inc. Crown Castle, Inc. 100.00000000 125.00000000 USD 2024-01-19 XXXX 2537.07000000 N N N Healthcare Realty Trust Inc 549300L0I14L7I0VLX84 Healthcare Realty Trust Inc 42226K105 433472.00000000 NS USD 7468722.56000000 2.353708467701 Long EC US N 1 N N N PEBBLEBROOK HOTEL TRUST 5493004Q1NNH6JXCSI52 Pebblebrook Hotel Trust 70509V803 18566.00000000 NS USD 391928.26000000 0.123513071597 Long EP US N 1 N N N Equinix Inc 549300EVUN2BTLJ3GT74 Equinix Inc 29444U700 14291.00000000 NS USD 11509828.49000000 3.627230836473 Long EC US N 1 N N N ING GROEP NV 549300NYKK9MWM7GGW15 ING Groep NV 456837AR4 600000.00000000 PA USD 560621.22000000 0.176675315234 Long DBT CORP NL N 2 2026-11-16 Fixed 5.75000000 N N N N Y ING Groep NV ING Groep NV USD XXXX N N N SCENTRE GROUP TRUST 2 549300VRF0U0JH8TBJ74 Scentre Group Trust 2 76025LAB0 400000.00000000 PA USD 357238.60000000 0.112580901359 Long DBT AU N 2 2080-09-24 Fixed 5.12500000 N N N N N N PEBBLEBROOK HOTEL TRUST 5493004Q1NNH6JXCSI52 Pebblebrook Hotel Trust 70509V886 24000.00000000 NS USD 453840.00000000 0.143024063673 Long EP US N 1 N N N Invitation Homes Inc N/A Invitation Homes Inc 46187W107 433479.00000000 NS USD 14785968.69000000 4.659680344159 Long EC US N 1 N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 Public Storage 74460W552 70000.00000000 NS USD 1497300.00000000 0.471862177283 Long EP US N 1 N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 UBS Group AG 902613BF4 200000.00000000 PA USD 216255.40000000 0.068151168031 Long DBT CORP CH N 2 2028-11-13 Fixed 9.25000000 N N N N Y UBS Group AG UBS Group AG USD XXXX N N N BROOKFIELD PROPERTY PART 5493004J5Z0TZW83NU62 Brookfield Property Partners LP 000000000 23926.00000000 NS USD 274909.74000000 0.086635616424 Long EP CORP BM N 1 N N N REXFORD INDUSTRIAL REALT 549300MSLO0DF0EMX355 Rexford Industrial Realty Inc 76169C308 15000.00000000 NS USD 352800.00000000 0.111182111898 Long EP US N 1 N N N TORONTO-DOMINION BANK PT3QB789TSUIDF371261 Toronto-Dominion Bank/The 89117F8Z5 200000.00000000 PA USD 208657.80000000 0.065756844864 Long DBT CORP CA N 2 2082-10-31 Fixed 8.12500000 N N N N N N 2024-01-30 COHEN & STEERS TOTAL RETURN REALTY FUND INC Albert Laskaj Albert Laskaj Treasurer and Chief Financial Officer