A: PWREX | C: PCREX | Y: PYREX |
Shares | Value | |||||
UNAFFILIATED ISSUERS — 98.8% | ||||||
Common Stocks — 93.0% of Net Assets | ||||||
Diversified REITs — 4.1% | ||||||
34,606 | Essential Properties Realty Trust, Inc. | $ 859,959 | ||||
14,871 | WP Carey, Inc. | 1,151,759 | ||||
Total Diversified REITs | $2,011,718 | |||||
Diversified Telecommunication Services — 0.5% | ||||||
17,665(a) | Radius Global Infrastructure, Inc., Class A | $ 259,145 | ||||
Total Diversified Telecommunication Services | $259,145 | |||||
Health Care REITs — 4.5% | ||||||
3,333 | Community Healthcare Trust, Inc. | $ 121,988 | ||||
47,802 | Healthpeak Properties, Inc. | 1,050,210 | ||||
16,379 | National Health Investors, Inc. | 844,829 | ||||
3,500 | Universal Health Realty Income Trust | 168,385 | ||||
Total Health Care REITs | $2,185,412 | |||||
Hotel & Resort REITs — 5.7% | ||||||
134,559 | Apple Hospitality REIT, Inc. | $ 2,088,355 | ||||
7,464 | Ryman Hospitality Properties, Inc. | 669,745 | ||||
Total Hotel & Resort REITs | $2,758,100 | |||||
Household Durables — 2.4% | ||||||
10,979 | Lennar Corp., Class A | $ 1,154,003 | ||||
Total Household Durables | $1,154,003 | |||||
Industrial REITs — 22.5% | ||||||
13,479 | Americold Realty Trust, Inc. | $ 383,478 | ||||
14,400 | EastGroup Properties, Inc. | 2,380,608 | ||||
19,375 | First Industrial Realty Trust, Inc. | 1,030,750 | ||||
18,171 | LXP Industrial Trust | 187,343 | ||||
37,788 | Prologis, Inc. | 4,714,809 | ||||
37,377 | Rexford Industrial Realty, Inc. | 2,229,538 | ||||
Total Industrial REITs | $10,926,526 | |||||
Office REITs — 2.0% | ||||||
7,662 | Alexandria Real Estate Equities, Inc. | $ 962,271 | ||||
Total Office REITs | $962,271 | |||||
Real Estate Management & Development — 1.4% | ||||||
9,707(a) | CBRE Group, Inc., Class A | $ 706,767 | ||||
Total Real Estate Management & Development | $706,767 | |||||
Shares | Value | |||||
Residential REITs — 7.6% | ||||||
24,993 | Equity LifeStyle Properties, Inc. | $ 1,677,780 | ||||
13,384 | Mid-America Apartment Communities, Inc. | 2,021,519 | ||||
Total Residential REITs | $3,699,299 | |||||
Retail REITs — 16.9% | ||||||
20,051 | Agree Realty Corp. | $ 1,375,699 | ||||
874 | Alexander's, Inc. | 169,338 | ||||
74,643 | Brixmor Property Group, Inc. | 1,606,317 | ||||
8,482 | Getty Realty Corp. | 305,606 | ||||
85,592 | Kimco Realty Corp. | 1,671,612 | ||||
29,847 | Macerich Co. | 316,378 | ||||
11,345 | Phillips Edison & Co., Inc. | 370,074 | ||||
35,839 | Realty Income Corp. | 2,269,326 | ||||
3,063 | Spirit Realty Capital, Inc. | 122,030 | ||||
Total Retail REITs | $8,206,380 | |||||
Specialized REITs — 25.4% | ||||||
1,354 | American Tower Corp. | $ 276,677 | ||||
3,207 | Equinix, Inc. | 2,312,375 | ||||
10,666 | Extra Space Storage, Inc. | 1,737,811 | ||||
43,060 | Gaming and Leisure Properties, Inc. | 2,241,704 | ||||
41,357 | Iron Mountain, Inc. | 2,188,199 | ||||
14,057 | iStar, Inc. | 412,854 | ||||
3,715 | Lamar Advertising Co., Class A | 371,091 | ||||
9,188 | Public Storage | 2,776,062 | ||||
Total Specialized REITs | $12,316,773 | |||||
Total Common Stocks (Cost $39,981,434) | $45,186,394 | |||||
Shares | Value | |||||
SHORT TERM INVESTMENTS — 5.8% of Net Assets | ||||||
Open-End Fund — 5.8% | ||||||
2,797,536(b) | Dreyfus Government Cash Management, Institutional Shares, 4.71% | $ 2,797,536 | ||||
$2,797,536 | ||||||
TOTAL SHORT TERM INVESTMENTS (Cost $2,797,536) | $2,797,536 | |||||
TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 98.8% (Cost $42,778,970) | $47,983,930 | |||||
OTHER ASSETS AND LIABILITIES — 1.2% | $573,866 | |||||
net assets — 100.0% | $48,557,796 | |||||
(a) | Non-income producing security. |
(b) | Rate periodically changes. Rate disclosed is the 7-day yield at March 31, 2023. |
Level 1 | – | unadjusted quoted prices in active markets for identical securities. |
Level 2 | – | other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
Level 3 | – | significant unobservable inputs (including the Adviser's own assumptions in determining fair value of investments). |
Level 1 | Level 2 | Level 3 | Total | |
Common Stocks | $45,186,394 | $— | $— | $45,186,394 |
Open-End Fund | 2,797,536 | — | — | 2,797,536 |
Total Investments in Securities | $47,983,930 | $— | $— | $47,983,930 |