Spirit Of America Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
Agree Realty Corp.	STOCK	008492100	455,730	8,250	SH		SOLE		0	0	0
Alexandria Real Estate Equities, Inc.	STOCK	015271109	720,720	7,200	SH		SOLE		0	0	0
American Homes 4 Rent	STOCK	02665T306	608,105	18,050	SH		SOLE		0	0	0
American Tower Corp.	STOCK	03027X100	503,217	3,060	SH		SOLE		0	0	0
Americold Realty Trust	STOCK	03064D108	142,927	4,700	SH		SOLE		0	0	0
Apartment Income REIT Corp.	STOCK	03750L109	795,191	25,902	SH		SOLE		0	0	0
Apple Hospitality REIT, Inc.	STOCK	03784Y200	693,521	45,210	SH		SOLE		0	0	0
AvalonBay Communities, Inc.	STOCK	053484101	2,643,079	15,390	SH		SOLE		0	0	0
Black Stone Minerals, L.P.	STOCK	09225M101	120,610	7,000	SH		SOLE		0	0	0
Blackstone Mortgage Trust, Inc.	STOCK	09257W100	287,100	13,200	SH		SOLE		0	0	0
Boston Properties, Inc.	STOCK	101121101	369,668	6,215	SH		SOLE		0	0	0
Brixmor Property Group, Inc.	STOCK	11120U105	986,531	47,475	SH		SOLE		0	0	0
Camden Property Trust	STOCK	133131102	1,248,456	13,200	SH		SOLE		0	0	0
Cheniere Energy Partners LP	STOCK	16411Q101	236,431	4,363	SH		SOLE		0	0	0
Cousins Properties, Inc.	STOCK	222795502	20,370	1,000	SH		SOLE		0	0	0
Crown Castle International Corp.	STOCK	22822V101	518,129	5,630	SH		SOLE		0	0	0
CubeSmart	STOCK	229663109	817,889	21,450	SH		SOLE		0	0	0
Digital Realty Trust, Inc.	STOCK	253868103	3,071,609	25,381	SH		SOLE		0	0	0
Energy Transfer LP	STOCK	29273V100	455,975	32,500	SH		SOLE		0	0	0
Enterprise Products Partners LP	STOCK	293792107	191,590	7,000	SH		SOLE		0	0	0
Equinix, Inc.	STOCK	29444U700	4,662,589	6,420	SH		SOLE		0	0	0
Equity LifeStyle Properties, Inc.	STOCK	29472R108	1,653,275	25,950	SH		SOLE		0	0	0
Equity Residential	STOCK	29476L107	1,803,278	30,715	SH		SOLE		0	0	0
Essex Property Trust, Inc.	STOCK	297178105	1,237,757	5,836	SH		SOLE		0	0	0
Extra Space Storage, Inc.	STOCK	30225T102	4,344,053	35,730	SH		SOLE		0	0	0
Federal Realty Investment Trust	STOCK	313745101	1,141,938	12,600	SH		SOLE		0	0	0
Four Corners Property Trust, Inc.	STOCK	35086T109	110,950	5,000	SH		SOLE		0	0	0
Gaming and Leisure Properties, Inc.	STOCK	36467J108	1,520,687	33,385	SH		SOLE		0	0	0
Getty Realty Corp.	STOCK	374297109	27,730	1,000	SH		SOLE		0	0	0
Global Medical REIT, Inc.	STOCK	37954A204	134,550	15,000	SH		SOLE		0	0	0
Hannon Armstrong Sustainable Infrastructure	STOCK	41068X100	100,000	4,717	SH		SOLE		0	0	0
Healthcare Realty Trust, Inc.	STOCK	42226K105	152,700	10,000	SH		SOLE		0	0	0
Healthpeak Properties, Inc.	STOCK	42250P103	267,468	14,568	SH		SOLE		0	0	0
Host Hotels & Resorts, Inc.	STOCK	44107P104	785,823	48,900	SH		SOLE		0	0	0
Iron Mountain, Inc.	STOCK	46284V101	1,397,075	23,500	SH		SOLE		0	0	0
Kilroy Realty Corp.	STOCK	49427F108	134,817	4,265	SH		SOLE		0	0	0
Kimco Realty Corp.	STOCK	49446R109	484,939	27,569	SH		SOLE		0	0	0
Lexington Realty Trust	STOCK	529043101	24,030	2,700	SH		SOLE		0	0	0
MPLX LP	STOCK	55336V100	266,775	7,500	SH		SOLE		0	0	0
Mid-America Apartment Communities, Inc.	STOCK	59522J103	1,958,310	15,222	SH		SOLE		0	0	0
National Retail Properties, Inc.	STOCK	637417106	627,285	17,750	SH		SOLE		0	0	0
Omega Healthcare Investors, Inc.	STOCK	681936100	364,760	11,000	SH		SOLE		0	0	0
One Liberty Properties, Inc.	STOCK	682406103	47,175	2,500	SH		SOLE		0	0	0
Park Hotels & Resorts, Inc.	STOCK	700517105	113,960	9,250	SH		SOLE		0	0	0
Pebblebrook Hotel Trust	STOCK	70509V100	574,599	42,281	SH		SOLE		0	0	0
Physicians Realty Trust	STOCK	71943U104	113,977	9,350	SH		SOLE		0	0	0
Plains All American Pipeline LP	STOCK	726503105	153,200	10,000	SH		SOLE		0	0	0
Plains GP Holdings LP	STOCK	72651A207	80,600	5,000	SH		SOLE		0	0	0
Plymouth Industrial REIT Inc.	STOCK	729640102	31,425	1,500	SH		SOLE		0	0	0
Prologis, Inc.	STOCK	74340W103	8,948,860	79,751	SH		SOLE		0	0	0
Public Storage	STOCK	74460D109	2,391,444	9,075	SH		SOLE		0	0	0
Realty Income Corp.	STOCK	756109104	1,547,391	30,985	SH		SOLE		0	0	0
Regency Centers Corp.	STOCK	758849103	909,432	15,300	SH		SOLE		0	0	0
Rexford Industrial Realty, Inc.	STOCK	76169C100	937,650	19,000	SH		SOLE		0	0	0
Simon Property Group, Inc.	STOCK	828806109	1,328,769	12,300	SH		SOLE		0	0	0
STAG Industrial, Inc.	STOCK	85254J102	1,585,735	45,950	SH		SOLE		0	0	0
Starwood Property Trust, Inc.	STOCK	85571B105	290,250	15,000	SH		SOLE		0	0	0
Summit Hotel Properties, Inc.	STOCK	866082100	52,200	9,000	SH		SOLE		0	0	0
Sun Communities, Inc.	STOCK	866674104	1,715,930	14,500	SH		SOLE		0	0	0
Sunstone Hotel Investors, Inc.	STOCK	867892101	146,795	15,700	SH		SOLE		0	0	0
Terreno Realty Corp.	STOCK	88146M101	2,379,920	41,900	SH		SOLE		0	0	0
UDR, Inc.	STOCK	902653104	1,555,212	43,600	SH		SOLE		0	0	0
Ventas, Inc.	STOCK	92276F100	254,887	6,050	SH		SOLE		0	0	0
VICI Properties, Inc.	STOCK	925652109	2,773,143	95,297	SH		SOLE		0	0	0
WP Carey, Inc.	STOCK	92936U109	1,565,616	28,950	SH		SOLE		0	0	0
Welltower, Inc.	STOCK	95040Q104	1,992,704	24,325	SH		SOLE		0	0	0
Western Midstream Partners LP	STOCK	958669103	47,653	1,750	SH		SOLE		0	0	0
Weyerhaeuser Co.	STOCK	962166104	131,838	4,300	SH		SOLE		0	0	0
AES Corp.	STOCK	00130H105	106,400	7,000	SH		SOLE		0	0	0
AT&T, Inc.	STOCK	00206R102	142,690	9,500	SH		SOLE		0	0	0
Abbott Laboratories	STOCK	002824100	300,235	3,100	SH		SOLE		0	0	0
AbbVie, Inc.	STOCK	00287Y109	3,749,902	25,157	SH		SOLE		0	0	0
Adobe Systems, Inc.	STOCK	00724F101	688,365	1,350	SH		SOLE		0	0	0
Advanced Micro Devices, Inc.	STOCK	007903107	606,638	5,900	SH		SOLE		0	0	0
Alphabet, Inc.	STOCK	02079K305	5,116,626	39,100	SH		SOLE		0	0	0
Altria Group, Inc.	STOCK	02209S103	531,933	12,650	SH		SOLE		0	0	0
Amazon.com, Inc.	STOCK	023135106	2,021,208	15,900	SH		SOLE		0	0	0
American Electric Power Co., Inc.	STOCK	025537101	139,157	1,850	SH		SOLE		0	0	0
American Express Co.	STOCK	025816109	745,950	5,000	SH		SOLE		0	0	0
American Tower Corp.	STOCK	03027X100	171,028	1,040	SH		SOLE		0	0	0
Amgen, Inc.	STOCK	031162100	228,446	850	SH		SOLE		0	0	0
Antero Midstream Corp.	STOCK	03676B102	59,900	5,000	SH		SOLE		0	0	0
Apple, Inc.	STOCK	037833100	8,394,769	49,032	SH		SOLE		0	0	0
Applied Materials, Inc.	STOCK	038222105	1,968,759	14,220	SH		SOLE		0	0	0
Baker Hughes Co.	STOCK	05722G100	309,050	8,750	SH		SOLE		0	0	0
Bank of America Corp.	STOCK	060505104	707,773	25,850	SH		SOLE		0	0	0
Berkshire Hathaway, Inc.	STOCK	084670702	1,390,691	3,970	SH		SOLE		0	0	0
Blackstone Group LP/The	STOCK	09260D107	1,237,467	11,550	SH		SOLE		0	0	0
Boeing Co./The	STOCK	097023105	643,086	3,355	SH		SOLE		0	0	0
Bristol-Myers Squibb Co.	STOCK	110122108	966,366	16,650	SH		SOLE		0	0	0
CF Industries Holdings, Inc.	STOCK	125269100	703,068	8,200	SH		SOLE		0	0	0
CME Group, Inc.	STOCK	12572Q105	281,109	1,404	SH		SOLE		0	0	0
CSX Corp.	STOCK	126408103	1,125,450	36,600	SH		SOLE		0	0	0
CNX Resources Corp.	STOCK	12653C108	90,320	4,000	SH		SOLE		0	0	0
CVS Health Corp.	STOCK	126650100	126,444	1,811	SH		SOLE		0	0	0
The Carlyle Group, Inc.	STOCK	14316J108	182,468	6,050	SH		SOLE		0	0	0
Caterpillar, Inc.	STOCK	149123101	3,136,770	11,490	SH		SOLE		0	0	0
Centene Corp.	STOCK	15135B101	502,824	7,300	SH		SOLE		0	0	0
Cheniere Energy, Inc.	STOCK	16411R208	2,140,884	12,900	SH		SOLE		0	0	0
Chevron Corp.	STOCK	166764100	2,269,625	13,460	SH		SOLE		0	0	0
Chipotle Mexican Grill, Inc.	STOCK	169656105	357,207	195	SH		SOLE		0	0	0
Cisco Systems, Inc.	STOCK	17275R102	900,480	16,750	SH		SOLE		0	0	0
Citigroup, Inc.	STOCK	172967424	686,871	16,700	SH		SOLE		0	0	0
Coca-Cola Co./The	STOCK	191216100	442,242	7,900	SH		SOLE		0	0	0
Cognizant Technology Solutions Corp.	STOCK	192446102	311,604	4,600	SH		SOLE		0	0	0
Colgate-Palmolive Co.	STOCK	194162103	106,665	1,500	SH		SOLE		0	0	0
ConAgra Foods, Inc.	STOCK	205887102	139,842	5,100	SH		SOLE		0	0	0
ConocoPhillips	STOCK	20825C104	634,940	5,300	SH		SOLE		0	0	0
Constellation Brands, Inc.	STOCK	21036P108	351,862	1,400	SH		SOLE		0	0	0
Corning, Inc.	STOCK	219350105	243,760	8,000	SH		SOLE		0	0	0
Corteva, Inc.	STOCK	22052L104	370,040	7,233	SH		SOLE		0	0	0
Costco Wholesale Corp.	STOCK	22160K105	3,701,053	6,551	SH		SOLE		0	0	0
Crown Castle International Corp.	STOCK	22822V101	247,561	2,690	SH		SOLE		0	0	0
Cummins, Inc.	STOCK	231021106	811,033	3,550	SH		SOLE		0	0	0
Deere & Co.	STOCK	244199105	2,419,006	6,410	SH		SOLE		0	0	0
Dell Technolodies, Inc.	STOCK	24703L202	111,894	1,624	SH		SOLE		0	0	0
Devon Energy Corp.	STOCK	25179M103	372,060	7,800	SH		SOLE		0	0	0
Diamondback Energy, Inc.	STOCK	25278X109	410,432	2,650	SH		SOLE		0	0	0
Walt Disney Co./The	STOCK	254687106	1,653,420	20,400	SH		SOLE		0	0	0
Dominion Resources, Inc.	STOCK	25746U109	580,710	13,000	SH		SOLE		0	0	0
Dow, Inc.	STOCK	260557103	313,639	6,083	SH		SOLE		0	0	0
Duke Energy Corp.	STOCK	26441C204	176,520	2,000	SH		SOLE		0	0	0
DuPont de Nemours, Inc.	STOCK	26614N102	484,835	6,500	SH		SOLE		0	0	0
EOG Resources, Inc.	STOCK	26875P101	557,744	4,400	SH		SOLE		0	0	0
Edison International	STOCK	281020107	164,554	2,600	SH		SOLE		0	0	0
Edwards LifeSciences Corp.	STOCK	28176E108	207,840	3,000	SH		SOLE		0	0	0
Enbridge, Inc.	STOCK	29250N105	66,380	2,000	SH		SOLE		0	0	0
Equinix, Inc.	STOCK	29444U700	653,634	900	SH		SOLE		0	0	0
Exxon Mobil Corp.	STOCK	30231G102	887,729	7,550	SH		SOLE		0	0	0
FedEx Corp.	STOCK	31428X106	423,872	1,600	SH		SOLE		0	0	0
Goldman Sachs Group, Inc./The	STOCK	38141G104	878,493	2,715	SH		SOLE		0	0	0
HP, Inc.	STOCK	40434L105	400,920	15,600	SH		SOLE		0	0	0
Halliburton Co.	STOCK	406216101	121,500	3,000	SH		SOLE		0	0	0
Home Depot, Inc./The	STOCK	437076102	1,824,442	6,038	SH		SOLE		0	0	0
Honeywell International, Inc.	STOCK	438516106	1,644,186	8,900	SH		SOLE		0	0	0
Humana, Inc.	STOCK	444859102	656,802	1,350	SH		SOLE		0	0	0
International Business Machines Corp.	STOCK	459200101	374,320	2,668	SH		SOLE		0	0	0
JPMorgan Chase & Co.	STOCK	46625H100	3,044,260	20,992	SH		SOLE		0	0	0
Kinder Morgan, Inc.	STOCK	49456B101	377,195	22,750	SH		SOLE		0	0	0
Kroger Co./The	STOCK	501044101	402,750	9,000	SH		SOLE		0	0	0
Lamb Weston Holdings, Inc.	STOCK	513272104	397,578	4,300	SH		SOLE		0	0	0
Eli Lilly & Co.	STOCK	532457108	1,718,816	3,200	SH		SOLE		0	0	0
Lockheed Martin Corp.	STOCK	539830109	163,584	400	SH		SOLE		0	0	0
Lowe's Cos., Inc.	STOCK	548661107	644,304	3,100	SH		SOLE		0	0	0
Marathon Oil Corp.	STOCK	565849106	53,500	2,000	SH		SOLE		0	0	0
Marathon Petroleum Corp.	STOCK	56585A102	174,041	1,150	SH		SOLE		0	0	0
Masco Corp.	STOCK	574599106	454,325	8,500	SH		SOLE		0	0	0
MasterCard, Inc.	STOCK	57636Q104	950,184	2,400	SH		SOLE		0	0	0
McDonald's Corp.	STOCK	580135101	785,051	2,980	SH		SOLE		0	0	0
McKesson Corp.	STOCK	58155Q103	2,087,280	4,800	SH		SOLE		0	0	0
Merck & Co., Inc.	STOCK	58933Y105	1,889,133	18,350	SH		SOLE		0	0	0
Microsoft Corp.	STOCK	594918104	6,216,802	19,689	SH		SOLE		0	0	0
Microchip Technology, Inc.	STOCK	595017104	503,423	6,450	SH		SOLE		0	0	0
Mid-America Apartment Communities, Inc.	STOCK	59522J103	32,163	250	SH		SOLE		0	0	0
Morgan Stanley	STOCK	617446448	245,010	3,000	SH		SOLE		0	0	0
NetApp, Inc.	STOCK	64110D104	197,288	2,600	SH		SOLE		0	0	0
Netflix, Inc.	STOCK	64110L106	113,280	300	SH		SOLE		0	0	0
NextEra Energy, Inc.	STOCK	65339F101	1,639,926	28,625	SH		SOLE		0	0	0
NIKE, Inc.	STOCK	654106103	66,934	700	SH		SOLE		0	0	0
Gen Digital, Inc.	STOCK	668771108	436,696	24,700	SH		SOLE		0	0	0
NVIDIA Corp.	STOCK	67066G104	15,090,673	34,692	SH		SOLE		0	0	0
Occidental Petroleum Corp.	STOCK	674599105	421,720	6,500	SH		SOLE		0	0	0
ONEOK, Inc.	STOCK	682680103	126,860	2,000	SH		SOLE		0	0	0
Oracle Corp.	STOCK	68389X105	2,846,600	26,875	SH		SOLE		0	0	0
Palo Alto Networks, Inc.	STOCK	697435105	46,888	200	SH		SOLE		0	0	0
Paychex, Inc.	STOCK	704326107	444,021	3,850	SH		SOLE		0	0	0
PepsiCo, Inc.	STOCK	713448108	406,656	2,400	SH		SOLE		0	0	0
Philip Morris International, Inc.	STOCK	718172109	680,463	7,350	SH		SOLE		0	0	0
Phillips 66	STOCK	718546104	871,088	7,250	SH		SOLE		0	0	0
Pioneer Natural Resources Co.	STOCK	723787107	1,738,841	7,575	SH		SOLE		0	0	0
Procter & Gamble Co./The	STOCK	742718109	1,059,673	7,265	SH		SOLE		0	0	0
Prologis, Inc.	STOCK	74340W103	706,923	6,300	SH		SOLE		0	0	0
QUALCOMM, Inc.	STOCK	747525103	394,263	3,550	SH		SOLE		0	0	0
Quest Diagnostics, Inc.	STOCK	74834L100	548,370	4,500	SH		SOLE		0	0	0
Raytheon Technologies Corp.	STOCK	75513E101	151,137	2,100	SH		SOLE		0	0	0
Schlumberger Ltd.	STOCK	806857108	29,150	500	SH		SOLE		0	0	0
Sun Communities, Inc.	STOCK	866674104	307,684	2,600	SH		SOLE		0	0	0
Target Corp.	STOCK	87612E106	1,230,644	11,130	SH		SOLE		0	0	0
Targa Resources Corp.	STOCK	87612G101	480,032	5,600	SH		SOLE		0	0	0
Terreno Realty Corp.	STOCK	88146M101	117,860	2,075	SH		SOLE		0	0	0
Tesla, Inc.	STOCK	88160R101	500,440	2,000	SH		SOLE		0	0	0
Texas Instruments, Inc.	STOCK	882508104	1,657,679	10,425	SH		SOLE		0	0	0
Thermo Fisher Scientific, Inc.	STOCK	883556102	551,725	1,090	SH		SOLE		0	0	0
UGI Corp.	STOCK	902681105	23,000	1,000	SH		SOLE		0	0	0
United Parcel Service, Inc.	STOCK	911312106	381,882	2,450	SH		SOLE		0	0	0
UnitedHealth Group, Inc.	STOCK	91324P102	1,235,266	2,450	SH		SOLE		0	0	0
Valero Energy Corp.	STOCK	91913Y100	2,375,768	16,765	SH		SOLE		0	0	0
Verizon Communications, Inc.	STOCK	92343V104	924,981	28,540	SH		SOLE		0	0	0
VICI Properties, Inc.	STOCK	925652109	89,424	3,073	SH		SOLE		0	0	0
Visa, Inc.	STOCK	92826C839	1,644,572	7,150	SH		SOLE		0	0	0
WEC Energy Group, Inc.	STOCK	92939U106	813,555	10,100	SH		SOLE		0	0	0
Wal-Mart Stores, Inc.	STOCK	931142103	2,380,398	14,884	SH		SOLE		0	0	0
Waste Connections, Inc.	STOCK	94106B101	1,796,263	13,375	SH		SOLE		0	0	0
Wells Fargo & Co.	STOCK	949746101	81,720	2,000	SH		SOLE		0	0	0
Weyerhaeuser Co.	STOCK	962166104	15,330	500	SH		SOLE		0	0	0
Williams Cos, Inc./The	STOCK	969457100	1,954,020	58,000	SH		SOLE		0	0	0
Workday, Inc.	STOCK	98138H101	1,564,108	7,280	SH		SOLE		0	0	0
Zscaler, Inc.	STOCK	98980G102	217,826	1,400	SH		SOLE		0	0	0
Accenture PLC	STOCK	G1151C101	1,174,696	3,825	SH		SOLE		0	0	0
Johnson Controls International PLC	STOCK	G51502105	465,747	8,753	SH		SOLE		0	0	0
New Linde PLC	STOCK	G54950103	484,055	1,300	SH		SOLE		0	0	0
Medtronic PLC	STOCK	G5960L103	553,927	7,069	SH		SOLE		0	0	0
Garmin Ltd.	STOCK	H2906T109	105,200	1,000	SH		SOLE		0	0	0
AbbVie, Inc.	STOCK	00287Y109	819,830	5,500	SH		SOLE		0	0	0
Blackstone Mortgage Trust, Inc.	STOCK	09257W100	251,539	11,565	SH		SOLE		0	0	0
Chevron Corp.	STOCK	166764100	758,790	4,500	SH		SOLE		0	0	0
City Office REIT, Inc.	STOCK	178587101	42,500	10,000	SH		SOLE		0	0	0
Duke Energy Corp.	STOCK	26441C204	264,780	3,000	SH		SOLE		0	0	0
Enbridge, Inc.	STOCK	29250N105	829,750	25,000	SH		SOLE		0	0	0
Hannon Armstrong Sustainable Infrastructure	STOCK	41068X100	169,600	8,000	SH		SOLE		0	0	0
Kinder Morgan, Inc.	STOCK	49456B101	663,200	40,000	SH		SOLE		0	0	0
Medical Properties Trust, Inc.	STOCK	58463J304	27,250	5,000	SH		SOLE		0	0	0
Philip Morris International, Inc.	STOCK	718172109	740,640	8,000	SH		SOLE		0	0	0
Phillips 66	STOCK	718546104	300,375	2,500	SH		SOLE		0	0	0
Physicians Realty Trust	STOCK	71943U104	24,380	2,000	SH		SOLE		0	0	0
Simon Property Group, Inc.	STOCK	828806109	432,120	4,000	SH		SOLE		0	0	0
Spirit Realty Capital, Inc.	STOCK	84860W300	134,120	4,000	SH		SOLE		0	0	0
TC Energy Corp.	STOCK	87807B107	516,150	15,000	SH		SOLE		0	0	0
Verizon Communications, Inc.	STOCK	92343V104	243,075	7,500	SH		SOLE		0	0	0
Williams Cos, Inc./The	STOCK	969457100	1,010,700	30,000	SH		SOLE		0	0	0
Antero Midstream Corp.	STOCK	03676B102	731,978	61,100	SH		SOLE		0	0	0
BP PLC	STOCK	055622104	3,111,578	80,361	SH		SOLE		0	0	0
Baker Hughes Co.	STOCK	05722G100	1,483,440	42,000	SH		SOLE		0	0	0
Black Stone Minerals, L.P.	STOCK	09225M101	8,033,470	466,249	SH		SOLE		0	0	0
CNX Resources Corp.	STOCK	12653C108	203,220	9,000	SH		SOLE		0	0	0
Cheniere Energy Partners LP	STOCK	16411Q101	11,481,181	211,869	SH		SOLE		0	0	0
Cheniere Energy, Inc.	STOCK	16411R208	6,849,999	41,275	SH		SOLE		0	0	0
Chesapeake Energy Corp.	STOCK	165167735	344,920	4,000	SH		SOLE		0	0	0
Chevron Corp.	STOCK	166764100	13,275,453	78,730	SH		SOLE		0	0	0
Crestwood Equity Partners LP	STOCK	226344208	351,000	12,000	SH		SOLE		0	0	0
Devon Energy Corp.	STOCK	25179M103	381,600	8,000	SH		SOLE		0	0	0
Diamondback Energy, Inc.	STOCK	25278X109	681,472	4,400	SH		SOLE		0	0	0
Dominion Resources, Inc.	STOCK	25746U109	44,670	1,000	SH		SOLE		0	0	0
Duke Energy Corp.	STOCK	26441C204	198,585	2,250	SH		SOLE		0	0	0
EOG Resources, Inc.	STOCK	26875P101	424,646	3,350	SH		SOLE		0	0	0
Enbridge, Inc.	STOCK	29250N105	6,526,050	196,627	SH		SOLE		0	0	0
Energy Transfer LP	STOCK	29273V100	10,331,271	736,370	SH		SOLE		0	0	0
EnLink Midstream LLC	STOCK	29336T100	73,320	6,000	SH		SOLE		0	0	0
Enterprise Products Partners LP	STOCK	293792107	13,798,202	504,136	SH		SOLE		0	0	0
Exxon Mobil Corp.	STOCK	30231G102	6,275,245	53,370	SH		SOLE		0	0	0
Hess Midstream LP	STOCK	428103105	6,840,802	234,837	SH		SOLE		0	0	0
Holly Energy Partners LP	STOCK	435763107	865,641	39,419	SH		SOLE		0	0	0
Kinder Morgan, Inc.	STOCK	49456B101	5,811,191	350,494	SH		SOLE		0	0	0
MPLX LP	STOCK	55336V100	14,811,241	416,397	SH		SOLE		0	0	0
Marathon Oil Corp.	STOCK	565849106	1,465,178	54,773	SH		SOLE		0	0	0
Marathon Petroleum Corp.	STOCK	56585A102	14,468,104	95,600	SH		SOLE		0	0	0
NextEra Energy Partners LP	STOCK	65341B106	182,655	6,150	SH		SOLE		0	0	0
Occidental Petroleum Corp.	STOCK	674599105	389,280	6,000	SH		SOLE		0	0	0
ONEOK, Inc.	STOCK	682680103	13,851,019	218,367	SH		SOLE		0	0	0
PPL Corp.	STOCK	69351T106	477,090	20,250	SH		SOLE		0	0	0
Phillips 66	STOCK	718546104	14,530,460	120,936	SH		SOLE		0	0	0
Pioneer Natural Resources Co.	STOCK	723787107	5,141,920	22,400	SH		SOLE		0	0	0
Plains All American Pipeline LP	STOCK	726503105	5,213,396	340,300	SH		SOLE		0	0	0
Plains GP Holdings LP	STOCK	72651A207	918,840	57,000	SH		SOLE		0	0	0
Schlumberger Ltd.	STOCK	806857108	58,300	1,000	SH		SOLE		0	0	0
Sunoco LP	STOCK	86765K109	5,114,002	104,474	SH		SOLE		0	0	0
Targa Resources Corp.	STOCK	87612G101	3,574,524	41,700	SH		SOLE		0	0	0
TC Energy Corp.	STOCK	87807B107	1,890,072	54,928	SH		SOLE		0	0	0
UGI Corp.	STOCK	902681105	368,000	16,000	SH		SOLE		0	0	0
USA Compression Partners LP	STOCK	90290N109	3,788,586	158,784	SH		SOLE		0	0	0
Valero Energy Corp.	STOCK	91913Y100	13,592,681	95,919	SH		SOLE		0	0	0
Viper Energy Partners LP	STOCK	92763M105	549,236	19,700	SH		SOLE		0	0	0
Western Midstream Partners LP	STOCK	958669103	4,802,011	176,350	SH		SOLE		0	0	0
Williams Cos, Inc./The	STOCK	969457100	13,325,473	395,532	SH		SOLE		0	0	0
AES Corp.	STOCK	00130H105	296,400	19,500	SH		SOLE		0	0	0
Alliant Energy Corp.	STOCK	018802108	162,308	3,350	SH		SOLE		0	0	0
Ameren Corp.	STOCK	023608102	587,416	7,850	SH		SOLE		0	0	0
American Electric Power Co., Inc.	STOCK	025537101	661,936	8,800	SH		SOLE		0	0	0
American Water Works Co., Inc.	STOCK	030420103	92,873	750	SH		SOLE		0	0	0
Atmos Energy Corp.	STOCK	049560105	275,418	2,600	SH		SOLE		0	0	0
Brookfield Renewable Corp.	STOCK	11284V105	27,531	1,150	SH		SOLE		0	0	0
CMS Energy Corp.	STOCK	125896100	430,191	8,100	SH		SOLE		0	0	0
CenterPoint Energy, Inc.	STOCK	15189T107	389,325	14,500	SH		SOLE		0	0	0
Chesapeake Utilities Corp.	STOCK	165303108	24,438	250	SH		SOLE		0	0	0
Clearway Energy, Inc.	STOCK	18539C204	112,148	5,300	SH		SOLE		0	0	0
Constellation Energy Corp.	STOCK	21037T109	425,412	3,900	SH		SOLE		0	0	0
DTE Energy Co.	STOCK	233331107	635,392	6,400	SH		SOLE		0	0	0
Dominion Resources, Inc.	STOCK	25746U109	116,142	2,600	SH		SOLE		0	0	0
Duke Energy Corp.	STOCK	26441C204	560,451	6,350	SH		SOLE		0	0	0
Edison International	STOCK	281020107	227,844	3,600	SH		SOLE		0	0	0
Entergy Corp.	STOCK	29364G103	675,250	7,300	SH		SOLE		0	0	0
Essential Utilities, Inc.	STOCK	29670G102	439,424	12,800	SH		SOLE		0	0	0
Evergy, Inc.	STOCK	30034W106	65,910	1,300	SH		SOLE		0	0	0
Eversource Energy	STOCK	30040W108	468,108	8,050	SH		SOLE		0	0	0
Exelon Corp.	STOCK	30161N101	449,701	11,900	SH		SOLE		0	0	0
FirstEnergy Corp.	STOCK	337932107	420,414	12,300	SH		SOLE		0	0	0
IDACORP, Inc.	STOCK	451107106	56,190	600	SH		SOLE		0	0	0
National Fuel Gas Co.	STOCK	636180101	31,146	600	SH		SOLE		0	0	0
NextEra Energy, Inc.	STOCK	65339F101	822,112	14,350	SH		SOLE		0	0	0
Nisource, Inc.	STOCK	65473P105	407,220	16,500	SH		SOLE		0	0	0
Northwest Natural Holdings Co.	STOCK	66765N105	72,504	1,900	SH		SOLE		0	0	0
NorthWestern Corp.	STOCK	668074305	48,060	1,000	SH		SOLE		0	0	0
PPL Corp.	STOCK	69351T106	500,650	21,250	SH		SOLE		0	0	0
Portland General Electric Co.	STOCK	736508847	32,384	800	SH		SOLE		0	0	0
Public Service Enterprise Group, Inc.	STOCK	744573106	546,336	9,600	SH		SOLE		0	0	0
Sempra Energy	STOCK	816851109	683,702	10,050	SH		SOLE		0	0	0
Southern Co./The	STOCK	842587107	184,452	2,850	SH		SOLE		0	0	0
Southwest Gas Corp.	STOCK	844895102	129,882	2,150	SH		SOLE		0	0	0
Vistra Energy Corp.	STOCK	92840M102	199,080	6,000	SH		SOLE		0	0	0
WEC Energy Group, Inc.	STOCK	92939U106	535,658	6,650	SH		SOLE		0	0	0
Waste Management, Inc.	STOCK	94106L109	38,110	250	SH		SOLE		0	0	0
Williams Cos, Inc./The	STOCK	969457100	67,380	2,000	SH		SOLE		0	0	0
Xcel Energy, Inc.	STOCK	98389B100	383,374	6,700	SH		SOLE		0	0	0