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
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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
Alexandria Real Estate Equities, Inc.	STOCK	015271109	611	5,300	SH		SOLE		0	0	0
American Assets Trust, Inc.	STOCK	024013104	418	10,400	SH		SOLE		0	0	0
American Campus Communities, Inc.	STOCK	024835100	151	3,650	SH		SOLE		0	0	0
American Tower Corp.	STOCK	03027X100	538	3,400	SH		SOLE		0	0	0
Apartment Investment & Management Co.	STOCK	03748R101	1,899	43,280	SH		SOLE		0	0	0
Apple Hospitality REIT, Inc.	STOCK	03784Y200	1,094	76,710	SH		SOLE		0	0	0
Ashford Hospitality Trust, Inc.	STOCK	044103109	280	69,950	SH		SOLE		0	0	0
AvalonBay Communities, Inc.	STOCK	053484101	2,374	13,640	SH		SOLE		0	0	0
Blackstone Mortgage Trust, Inc.	STOCK	09257W100	898	28,200	SH		SOLE		0	0	0
Boston Properties, Inc.	STOCK	101121101	1,559	13,850	SH		SOLE		0	0	0
Braemar Hotels & Resports, Inc.	STOCK	10482B101	209	23,400	SH		SOLE		0	0	0
Brixmor Property Group, Inc.	STOCK	11120U105	125	8,475	SH		SOLE		0	0	0
Camden Property Trust	STOCK	133131102	1,422	16,150	SH		SOLE		0	0	0
Cheniere Energy Partners LP	STOCK	16411Q101	256	7,100	SH		SOLE		0	0	0
City Office REIT, Inc.	STOCK	178587101	1,202	117,258	SH		SOLE		0	0	0
CoreSite Realty Corp.	STOCK	21870Q105	3,467	39,750	SH		SOLE		0	0	0
Crown Castle International Corp.	STOCK	22822V101	397	3,650	SH		SOLE		0	0	0
CubeSmart	STOCK	229663109	516	18,000	SH		SOLE		0	0	0
CyrusOne, Inc.	STOCK	23283R100	2,086	39,450	SH		SOLE		0	0	0
DiamondRock Hospitality Co.	STOCK	252784301	1,863	205,147	SH		SOLE		0	0	0
Digital Realty Trust, Inc.	STOCK	253868103	5,235	49,131	SH		SOLE		0	0	0
Enterprise Products Partners LP	STOCK	293792107	1,197	48,677	SH		SOLE		0	0	0
Equinix, Inc.	STOCK	29444U700	1,719	4,875	SH		SOLE		0	0	0
Equity LifeStyle Properties, Inc.	STOCK	29472R108	2,195	22,600	SH		SOLE		0	0	0
Equity Residential	STOCK	29476L107	2,298	34,815	SH		SOLE		0	0	0
Essex Property Trust, Inc.	STOCK	297178105	2,412	9,836	SH		SOLE		0	0	0
Extra Space Storage, Inc.	STOCK	30225T102	1,212	13,395	SH		SOLE		0	0	0
Exxon Mobil Corp.	STOCK	30231G102	51	750	SH		SOLE		0	0	0
Federal Realty Investment Trust	STOCK	313747206	1,886	15,975	SH		SOLE		0	0	0
Gaming and Leisure Properties, Inc.	STOCK	36467J108	32	1,000	SH		SOLE		0	0	0
Global Medical REIT, Inc.	STOCK	37954A204	133	15,000	SH		SOLE		0	0	0
HCP, Inc.	STOCK	40414L109	392	14,018	SH		SOLE		0	0	0
Hannon Armstrong Sustainable Infrastructure	STOCK	41068X100	367	19,267	SH		SOLE		0	0	0
Healthcare Trust of America, Inc.	STOCK	42225P501	127	5,000	SH		SOLE		0	0	0
Hersha Hospitality Trust	STOCK	427825500	798	45,500	SH		SOLE		0	0	0
Hudson Pacific Properties, Inc.	STOCK	444097109	1,456	50,100	SH		SOLE		0	0	0
JBG SMITH Properties	STOCK	46590V100	174	5,000	SH		SOLE		0	0	0
Kilroy Realty Corp.	STOCK	49427F108	1,164	18,515	SH		SOLE		0	0	0
Kimco Realty Corp.	STOCK	49446R109	620	42,319	SH		SOLE		0	0	0
Kinder Morgan, Inc.	STOCK	49456B101	54	3,500	SH		SOLE		0	0	0
Liberty Property Trust	STOCK	531172104	360	8,600	SH		SOLE		0	0	0
Life Storage, Inc.	STOCK	53223X107	1,288	13,850	SH		SOLE		0	0	0
MPLX LP	STOCK	55336V100	390	12,886	SH		SOLE		0	0	0
Magellan Midstream Partners LP	STOCK	559080106	468	8,200	SH		SOLE		0	0	0
Marathon Petroleum Corp.	STOCK	56585A102	178	3,009	SH		SOLE		0	0	0
Mid-America Apartment Communities, Inc.	STOCK	59522J103	1,619	16,922	SH		SOLE		0	0	0
Parsley Energy, Inc.	STOCK	701877102	8	500	SH		SOLE		0	0	0
Pebblebrook Hotel Trust	STOCK	70509V100	1,416	50,031	SH		SOLE		0	0	0
Phillips 66	STOCK	718546104	151	1,750	SH		SOLE		0	0	0
Prologis, Inc.	STOCK	74340W103	5,857	99,738	SH		SOLE		0	0	0
QTS Realty Trust, Inc.	STOCK	74736A103	2,243	60,550	SH		SOLE		0	0	0
RLJ Lodging Trust	STOCK	74965L101	1,126	68,634	SH		SOLE		0	0	0
Realty Income Corp.	STOCK	756109104	623	9,880	SH		SOLE		0	0	0
Regency Centers Corp.	STOCK	758849103	1,091	18,600	SH		SOLE		0	0	0
SL Green Realty Corp.	STOCK	78440X101	1,147	14,500	SH		SOLE		0	0	0
Senior Housing Properties Trust	STOCK	81721M109	34	2,900	SH		SOLE		0	0	0
Simon Property Group, Inc.	STOCK	828806109	2,066	12,300	SH		SOLE		0	0	0
Sotherly Hotels, Inc.	STOCK	83600C103	292	52,000	SH		SOLE		0	0	0
Spirit Realty Capital, Inc.	STOCK	84860W300	80	2,280	SH		SOLE		0	0	0
Spirit MTA REIT	STOCK	84861U105	8	1,140	SH		SOLE		0	0	0
STAG Industrial, Inc.	STOCK	85254J102	572	23,000	SH		SOLE		0	0	0
Starwood Property Trust, Inc.	STOCK	85571B105	760	38,550	SH		SOLE		0	0	0
STORE Capital Corp.	STOCK	862121100	107	3,780	SH		SOLE		0	0	0
Sun Communities, Inc.	STOCK	866674104	2,655	26,100	SH		SOLE		0	0	0
Terreno Realty Corp.	STOCK	88146M101	910	25,875	SH		SOLE		0	0	0
UDR, Inc.	STOCK	902653104	2,429	61,306	SH		SOLE		0	0	0
Valero Energy Corp.	STOCK	91913Y100	157	2,100	SH		SOLE		0	0	0
Ventas, Inc.	STOCK	92276F100	741	12,650	SH		SOLE		0	0	0
Vornado Realty Trust	STOCK	929042109	574	9,250	SH		SOLE		0	0	0
WP Carey, Inc.	STOCK	92936U109	1,535	23,500	SH		SOLE		0	0	0
Welltower, Inc.	STOCK	95040Q104	1,659	23,900	SH		SOLE		0	0	0
Western Gas Partners LP	STOCK	958254104	345	8,180	SH		SOLE		0	0	0
Boston Properties, Inc.	OPTION	BXP01C135	0	10	SH		SOLE		0	0	0
Brookfield Property Partners LP	STOCK	G16249107	154	9,551	SH		SOLE		0	0	0
Prologis, Inc.	OPTION	PLD02C070	0	20	SH		SOLE		0	0	0
AES Corp.	STOCK	00130H105	116	8,000	SH		SOLE		0	0	0
AT&T, Inc.	STOCK	00206R102	695	24,350	SH		SOLE		0	0	0
AbbVie, Inc.	STOCK	00287Y109	489	5,300	SH		SOLE		0	0	0
Adobe Systems, Inc.	STOCK	00724F101	939	4,150	SH		SOLE		0	0	0
AdvanSix, Inc.	STOCK	00773T101	108	4,448	SH		SOLE		0	0	0
Alexandria Real Estate Equities, Inc.	STOCK	015271109	190	1,650	SH		SOLE		0	0	0
Altria Group, Inc.	STOCK	02209S103	659	13,350	SH		SOLE		0	0	0
American Airlines Group, Inc.	STOCK	02376R102	32	1,000	SH		SOLE		0	0	0
American Electric Power Co., Inc.	STOCK	025537101	131	1,750	SH		SOLE		0	0	0
American Express Co.	STOCK	025816109	953	10,000	SH		SOLE		0	0	0
American Tower Corp.	STOCK	03027X100	245	1,550	SH		SOLE		0	0	0
Amgen, Inc.	STOCK	031162100	633	3,250	SH		SOLE		0	0	0
Apple, Inc.	STOCK	037833100	3,423	21,700	SH		SOLE		0	0	0
Apple Hospitality REIT, Inc.	STOCK	03784Y200	115	8,050	SH		SOLE		0	0	0
Applied Materials, Inc.	STOCK	038222105	681	20,800	SH		SOLE		0	0	0
Bank of America Corp.	STOCK	060505104	1,141	46,300	SH		SOLE		0	0	0
BankUnited, Inc.	STOCK	06652K103	460	15,350	SH		SOLE		0	0	0
Blackstone Group LP/The	STOCK	09253U108	498	16,700	SH		SOLE		0	0	0
Boeing Co./The	STOCK	097023105	1,920	5,955	SH		SOLE		0	0	0
Box, Inc.	STOCK	10316T104	122	7,200	SH		SOLE		0	0	0
Bristol-Myers Squibb Co.	STOCK	110122108	728	14,000	SH		SOLE		0	0	0
CBS Corp.	STOCK	124857202	332	7,600	SH		SOLE		0	0	0
CF Industries Holdings, Inc.	STOCK	125269100	379	8,700	SH		SOLE		0	0	0
CME Group, Inc.	STOCK	12572Q105	959	5,100	SH		SOLE		0	0	0
CSX Corp.	STOCK	126408103	1,399	22,525	SH		SOLE		0	0	0
CVS Health Corp.	STOCK	126650100	194	2,961	SH		SOLE		0	0	0
Carlyle Group LP/The	STOCK	14309L102	330	20,950	SH		SOLE		0	0	0
Caterpillar, Inc.	STOCK	149123101	1,233	9,700	SH		SOLE		0	0	0
Centene Corp.	STOCK	15135B101	438	3,800	SH		SOLE		0	0	0
Chevron Corp.	STOCK	166764100	899	8,260	SH		SOLE		0	0	0
Cisco Systems, Inc.	STOCK	17275R102	1,696	39,150	SH		SOLE		0	0	0
Citigroup, Inc.	STOCK	172967424	757	14,550	SH		SOLE		0	0	0
Coca-Cola Co./The	STOCK	191216100	691	14,600	SH		SOLE		0	0	0
Cognizant Technology Solutions Corp.	STOCK	192446102	641	10,100	SH		SOLE		0	0	0
Colgate-Palmolive Co.	STOCK	194162103	149	2,500	SH		SOLE		0	0	0
Comcast Corp.	STOCK	20030N101	1,022	30,000	SH		SOLE		0	0	0
ConAgra Foods, Inc.	STOCK	205887102	152	7,100	SH		SOLE		0	0	0
ConocoPhillips	STOCK	20825C104	533	8,550	SH		SOLE		0	0	0
Constellation Brands, Inc.	STOCK	21036P108	24	150	SH		SOLE		0	0	0
Corning, Inc.	STOCK	219350105	607	20,100	SH		SOLE		0	0	0
Costco Wholesale Corp.	STOCK	22160K105	550	2,701	SH		SOLE		0	0	0
Crown Castle International Corp.	STOCK	22822V101	353	3,250	SH		SOLE		0	0	0
CyrusOne, Inc.	STOCK	23283R100	407	7,700	SH		SOLE		0	0	0
D.R. Horton, Inc.	STOCK	23331A109	270	7,800	SH		SOLE		0	0	0
DXC Technology Co.	STOCK	23355L106	188	3,528	SH		SOLE		0	0	0
Deere & Co.	STOCK	244199105	947	6,350	SH		SOLE		0	0	0
Dell Technolodies, Inc.	STOCK	24703L202	177	3,624	SH		SOLE		0	0	0
Devon Energy Corp.	STOCK	25179M103	68	3,000	SH		SOLE		0	0	0
DiamondRock Hospitality Co.	STOCK	252784301	68	7,500	SH		SOLE		0	0	0
Digital Realty Trust, Inc.	STOCK	253868103	234	2,200	SH		SOLE		0	0	0
Walt Disney Co./The	STOCK	254687106	1,425	13,000	SH		SOLE		0	0	0
DowDuPont, Inc.	STOCK	26078J100	1,217	22,752	SH		SOLE		0	0	0
EOG Resources, Inc.	STOCK	26875P101	759	8,700	SH		SOLE		0	0	0
Edison International	STOCK	281020107	62	1,100	SH		SOLE		0	0	0
Edwards LifeSciences Corp.	STOCK	28176E108	153	1,000	SH		SOLE		0	0	0
Equinix, Inc.	STOCK	29444U700	335	950	SH		SOLE		0	0	0
Exxon Mobil Corp.	STOCK	30231G102	716	10,500	SH		SOLE		0	0	0
FedEx Corp.	STOCK	31428X106	1,095	6,785	SH		SOLE		0	0	0
Fifth Third Bancorp	STOCK	316773100	362	15,400	SH		SOLE		0	0	0
Fiserv, Inc.	STOCK	337738108	73	1,000	SH		SOLE		0	0	0
Gilead Sciences, Inc.	STOCK	375558103	332	5,300	SH		SOLE		0	0	0
Goldman Sachs Group, Inc./The	STOCK	38141G104	704	4,215	SH		SOLE		0	0	0
HP, Inc.	STOCK	40434L105	561	27,400	SH		SOLE		0	0	0
Hartford Financial Services Group, Inc./The	STOCK	416515104	667	15,000	SH		SOLE		0	0	0
Hewlett Packard Enterprise Co.	STOCK	42824C109	189	14,300	SH		SOLE		0	0	0
Home Depot, Inc./The	STOCK	437076102	2,483	14,450	SH		SOLE		0	0	0
Honeywell International, Inc.	STOCK	438516106	628	4,750	SH		SOLE		0	0	0
Humana, Inc.	STOCK	444859102	859	3,000	SH		SOLE		0	0	0
Huntington Bancshares, Inc.	STOCK	446150104	414	34,750	SH		SOLE		0	0	0
Intel Corp.	STOCK	458140100	535	11,400	SH		SOLE		0	0	0
International Business Machines Corp.	STOCK	459200101	365	3,208	SH		SOLE		0	0	0
JPMorgan Chase & Co.	STOCK	46625H100	1,605	16,442	SH		SOLE		0	0	0
Johnson & Johnson	STOCK	478160104	1,434	11,110	SH		SOLE		0	0	0
KeyCorp	STOCK	493267108	511	34,575	SH		SOLE		0	0	0
Kinder Morgan, Inc.	STOCK	49456B101	15	1,000	SH		SOLE		0	0	0
Kraft Heinz Co./The	STOCK	500754106	129	2,999	SH		SOLE		0	0	0
Lamb Weston Holdings, Inc.	STOCK	513272104	353	4,800	SH		SOLE		0	0	0
Lennar Corp.	STOCK	526057104	196	5,000	SH		SOLE		0	0	0
M&T Bank Corp.	STOCK	55261F104	315	2,200	SH		SOLE		0	0	0
MGM Resorts International	STOCK	552953101	172	7,100	SH		SOLE		0	0	0
Marathon Petroleum Corp.	STOCK	56585A102	202	3,416	SH		SOLE		0	0	0
Masco Corp.	STOCK	574599106	336	11,500	SH		SOLE		0	0	0
MasterCard, Inc.	STOCK	57636Q104	1,415	7,500	SH		SOLE		0	0	0
McDonald's Corp.	STOCK	580135101	1,408	7,930	SH		SOLE		0	0	0
McKesson Corp.	STOCK	58155Q103	315	2,850	SH		SOLE		0	0	0
Merck & Co., Inc.	STOCK	58933Y105	1,001	13,100	SH		SOLE		0	0	0
Microsoft Corp.	STOCK	594918104	3,652	35,959	SH		SOLE		0	0	0
Microchip Technology, Inc.	STOCK	595017104	147	2,050	SH		SOLE		0	0	0
NetApp, Inc.	STOCK	64110D104	334	5,600	SH		SOLE		0	0	0
NextEra Energy, Inc.	STOCK	65339F101	973	5,600	SH		SOLE		0	0	0
NVIDIA Corp.	STOCK	67066G104	908	6,798	SH		SOLE		0	0	0
Oracle Corp.	STOCK	68389X105	1,448	32,075	SH		SOLE		0	0	0
Paychex, Inc.	STOCK	704326107	577	8,850	SH		SOLE		0	0	0
Pebblebrook Hotel Trust	STOCK	70509V100	57	2,000	SH		SOLE		0	0	0
PepsiCo, Inc.	STOCK	713448108	293	2,650	SH		SOLE		0	0	0
Perspecta, Inc.	STOCK	715347100	13	764	SH		SOLE		0	0	0
Pfizer, Inc.	STOCK	717081103	738	16,900	SH		SOLE		0	0	0
Philip Morris International, Inc.	STOCK	718172109	491	7,350	SH		SOLE		0	0	0
Procter & Gamble Co./The	STOCK	742718109	432	4,700	SH		SOLE		0	0	0
Prologis, Inc.	STOCK	74340W103	364	6,200	SH		SOLE		0	0	0
Prudential Financial, Inc.	STOCK	744320102	367	4,500	SH		SOLE		0	0	0
QTS Realty Trust, Inc.	STOCK	74736A103	276	7,450	SH		SOLE		0	0	0
QUALCOMM, Inc.	STOCK	747525103	410	7,200	SH		SOLE		0	0	0
Quest Diagnostics, Inc.	STOCK	74834L100	375	4,500	SH		SOLE		0	0	0
Realty Income Corp.	STOCK	756109104	95	1,500	SH		SOLE		0	0	0
Ross Stores, Inc.	STOCK	778296103	499	6,000	SH		SOLE		0	0	0
SVB Financial Group	STOCK	78486Q101	950	5,003	SH		SOLE		0	0	0
Simon Property Group, Inc.	STOCK	828806109	42	250	SH		SOLE		0	0	0
Sun Communities, Inc.	STOCK	866674104	397	3,900	SH		SOLE		0	0	0
Symantec Corp.	STOCK	871503108	495	26,200	SH		SOLE		0	0	0
TJX Cos., Inc./The	STOCK	872540109	286	6,400	SH		SOLE		0	0	0
Target Corp.	STOCK	87612E106	330	5,000	SH		SOLE		0	0	0
Terreno Realty Corp.	STOCK	88146M101	70	2,000	SH		SOLE		0	0	0
Texas Instruments, Inc.	STOCK	882508104	1,514	16,025	SH		SOLE		0	0	0
Thermo Fisher Scientific, Inc.	STOCK	883556102	604	2,700	SH		SOLE		0	0	0
3M Co.	STOCK	88579Y101	1,077	5,650	SH		SOLE		0	0	0
Travelers Cos., Inc./The	STOCK	89417E109	168	1,400	SH		SOLE		0	0	0
U.S. Bancorp	STOCK	902973304	548	12,000	SH		SOLE		0	0	0
United Technologies Corp.	STOCK	913017109	373	3,500	SH		SOLE		0	0	0
UnitedHealth Group, Inc.	STOCK	91324P102	2,379	9,550	SH		SOLE		0	0	0
Valero Energy Corp.	STOCK	91913Y100	926	12,350	SH		SOLE		0	0	0
Verizon Communications, Inc.	STOCK	92343V104	1,020	18,140	SH		SOLE		0	0	0
Vertex Pharmaceuticals, Inc.	STOCK	92532F100	563	3,400	SH		SOLE		0	0	0
Visa, Inc.	STOCK	92826C839	2,441	18,500	SH		SOLE		0	0	0
WEC Energy Group, Inc.	STOCK	92939U106	568	8,200	SH		SOLE		0	0	0
Wal-Mart Stores, Inc.	STOCK	931142103	860	9,234	SH		SOLE		0	0	0
Waste Connections, Inc.	STOCK	94106B101	952	12,825	SH		SOLE		0	0	0
Welltower, Inc.	STOCK	95040Q104	104	1,500	SH		SOLE		0	0	0
Workday, Inc.	STOCK	98138H101	1,585	9,925	SH		SOLE		0	0	0
Apple, Inc.	OPTION	AAPL1C195	0	10	SH		SOLE		0	0	0
Allergan PLC	STOCK	G0177J108	441	3,300	SH		SOLE		0	0	0
Accenture PLC	STOCK	G1151C101	980	6,950	SH		SOLE		0	0	0
Johnson Controls International PLC	STOCK	G51502105	245	8,253	SH		SOLE		0	0	0
Lazard Ltd.	STOCK	G54050102	438	11,875	SH		SOLE		0	0	0
Medtronic PLC	STOCK	G5960L103	679	7,469	SH		SOLE		0	0	0
Royal Caribbean Cruises Ltd.	STOCK	V7780T103	156	1,600	SH		SOLE		0	0	0
Exxon Mobil, Corp.	OPTION	0XOM01C82	0	20	SH		SOLE		0	0	0
AT&T, Inc.	STOCK	00206R102	514	18,000	SH		SOLE		0	0	0
Andeavor Logistics LP	STOCK	03350F106	208	6,405	SH		SOLE		0	0	0
Apple Hospitality REIT, Inc.	STOCK	03784Y200	464	32,539	SH		SOLE		0	0	0
Blackstone Group LP/The	STOCK	09253U108	212	7,100	SH		SOLE		0	0	0
Blackstone Mortgage Trust, Inc.	STOCK	09257W100	368	11,565	SH		SOLE		0	0	0
Buckeye Partners LP	STOCK	118230101	258	8,903	SH		SOLE		0	0	0
CNX Midstream Partners LP	STOCK	12654A101	138	8,500	SH		SOLE		0	0	0
City Office REIT, Inc.	STOCK	178587101	205	20,000	SH		SOLE		0	0	0
DiamondRock Hospitality Co.	STOCK	252784301	236	25,953	SH		SOLE		0	0	0
Enbridge, Inc.	STOCK	29250N105	925	29,763	SH		SOLE		0	0	0
Energy Transfer LP	STOCK	29273V100	853	64,571	SH		SOLE		0	0	0
EnLink Midstream Partners LP	STOCK	29336U107	373	33,865	SH		SOLE		0	0	0
Enterprise Products Partners LP	STOCK	293792107	1,043	42,400	SH		SOLE		0	0	0
Global Partners LP	STOCK	37946R109	118	7,215	SH		SOLE		0	0	0
Hannon Armstrong Sustainable Infrastructure	STOCK	41068X100	1,006	52,792	SH		SOLE		0	0	0
MPLX LP	STOCK	55336V100	970	32,000	SH		SOLE		0	0	0
Magellan Midstream Partners LP	STOCK	559080106	668	11,700	SH		SOLE		0	0	0
Pebblebrook Hotel Trust	STOCK	70509V100	249	8,806	SH		SOLE		0	0	0
Plains All American Pipeline LP	STOCK	726503105	64	3,200	SH		SOLE		0	0	0
Spirit Realty Capital, Inc.	STOCK	84860W300	141	4,000	SH		SOLE		0	0	0
Spirit MTA REIT	STOCK	84861U105	14	2,000	SH		SOLE		0	0	0
TC PipeLines LP	STOCK	87233Q108	231	7,195	SH		SOLE		0	0	0
Targa Resources Corp.	STOCK	87612G101	459	12,739	SH		SOLE		0	0	0
USA Compression Partners LP	STOCK	90290N109	114	8,796	SH		SOLE		0	0	0
Verizon Communications, Inc.	STOCK	92343V104	562	10,000	SH		SOLE		0	0	0
Western Gas Partners LP	STOCK	958254104	686	16,250	SH		SOLE		0	0	0
Amazon.com, Inc.	STOCK	023135106	143	95	SH		SOLE		0	0	0
American Electric Power Co., Inc.	STOCK	025537101	188	2,515	SH		SOLE		0	0	0
Andeavor Logistics LP	STOCK	03350F106	238	7,312	SH		SOLE		0	0	0
Apple, Inc.	STOCK	037833100	126	800	SH		SOLE		0	0	0
Apple Hospitality REIT, Inc.	STOCK	03784Y200	231	16,225	SH		SOLE		0	0	0
Blackstone Group LP/The	STOCK	09253U108	165	5,545	SH		SOLE		0	0	0
Blackstone Mortgage Trust, Inc.	STOCK	09257W100	102	3,207	SH		SOLE		0	0	0
CNX Midstream Partners LP	STOCK	12654A101	274	16,825	SH		SOLE		0	0	0
Cheniere Energy Partners LP	STOCK	16411Q101	336	9,300	SH		SOLE		0	0	0
Chesapeake Lodging Trust	STOCK	165240102	112	4,600	SH		SOLE		0	0	0
City Office REIT, Inc.	STOCK	178587101	127	12,420	SH		SOLE		0	0	0
Deere & Co.	STOCK	244199105	145	975	SH		SOLE		0	0	0
Energy Transfer LP	STOCK	29273V100	229	17,350	SH		SOLE		0	0	0
EnLink Midstream Partners LP	STOCK	29336U107	170	15,440	SH		SOLE		0	0	0
Enterprise Products Partners LP	STOCK	293792107	266	10,805	SH		SOLE		0	0	0
Equity Commonwealth, Series D, 6.50(percent)	STOCK	294628201	152	6,000	SH		SOLE		0	0	0
Exxon Mobil Corp.	STOCK	30231G102	80	1,180	SH		SOLE		0	0	0
Lennar Corp.	STOCK	526057104	82	2,100	SH		SOLE		0	0	0
Lexington Realty Trust	STOCK	529043101	103	12,521	SH		SOLE		0	0	0
MPLX LP	STOCK	55336V100	420	13,850	SH		SOLE		0	0	0
Magellan Midstream Partners LP	STOCK	559080106	133	2,325	SH		SOLE		0	0	0
NVIDIA Corp.	STOCK	67066G104	95	715	SH		SOLE		0	0	0
Starwood Property Trust, Inc.	STOCK	85571B105	91	4,595	SH		SOLE		0	0	0
Targa Resources Corp.	STOCK	87612G101	137	3,805	SH		SOLE		0	0	0
Toll Brothers, Inc.	STOCK	889478103	96	2,900	SH		SOLE		0	0	0
USA Compression Partners LP	STOCK	90290N109	125	9,666	SH		SOLE		0	0	0
Verizon Communications, Inc.	STOCK	92343V104	192	3,420	SH		SOLE		0	0	0
Viper Energy Partners LP	STOCK	92763M105	97	3,740	SH		SOLE		0	0	0
WP Carey, Inc.	STOCK	92936U109	134	2,055	SH		SOLE		0	0	0
AmeriGas Partners LP	STOCK	030975106	2,189	86,520	SH		SOLE		0	0	0
Andeavor Logistics LP	STOCK	03350F106	9,733	299,570	SH		SOLE		0	0	0
Antero Midstream Partners LP	STOCK	03673L103	14,663	685,484	SH		SOLE		0	0	0
Antero Midstream GP LP	STOCK	03675Y103	874	78,150	SH		SOLE		0	0	0
BP Midstream Partners LP	STOCK	0556EL109	2,786	179,296	SH		SOLE		0	0	0
Buckeye Partners LP	STOCK	118230101	3,930	135,547	SH		SOLE		0	0	0
CNX Midstream Partners LP	STOCK	12654A101	12,079	741,953	SH		SOLE		0	0	0
Cheniere Energy Partners LP	STOCK	16411Q101	20,988	581,384	SH		SOLE		0	0	0
Cheniere Energy, Inc.	STOCK	16411R208	1,647	27,820	SH		SOLE		0	0	0
Chevron Corp.	STOCK	166764100	5,537	50,900	SH		SOLE		0	0	0
Crestwood Equity Partners LP	STOCK	226344208	8,123	291,051	SH		SOLE		0	0	0
DCP Midstream LP	STOCK	23311P100	5,642	212,980	SH		SOLE		0	0	0
Dominion Energy Midstream Partners LP	STOCK	257454108	4,794	265,741	SH		SOLE		0	0	0
EQT Midstream Partners LP	STOCK	26885B100	12,380	286,253	SH		SOLE		0	0	0
EQT GP Holdings LP	STOCK	26885J103	3,938	197,389	SH		SOLE		0	0	0
Enable Midstream Partners LP	STOCK	292480100	9,468	699,808	SH		SOLE		0	0	0
Enbridge, Inc.	STOCK	29250N105	14,316	460,632	SH		SOLE		0	0	0
Energy Transfer LP	STOCK	29273V100	16,367	1,238,970	SH		SOLE		0	0	0
EnLink Midstream LLC	STOCK	29336T100	3,306	348,350	SH		SOLE		0	0	0
EnLink Midstream Partners LP	STOCK	29336U107	4,220	383,280	SH		SOLE		0	0	0
Enterprise Products Partners LP	STOCK	293792107	19,625	798,074	SH		SOLE		0	0	0
Exxon Mobil Corp.	STOCK	30231G102	4,246	62,265	SH		SOLE		0	0	0
Genesis Energy LP	STOCK	371927104	4,314	233,592	SH		SOLE		0	0	0
Global Partners LP	STOCK	37946R109	1,628	99,897	SH		SOLE		0	0	0
Hess Midstream Partners LP	STOCK	428104103	4,327	254,835	SH		SOLE		0	0	0
Holly Energy Partners LP	STOCK	435763107	4,049	141,769	SH		SOLE		0	0	0
Kinder Morgan, Inc.	STOCK	49456B101	16,037	1,042,712	SH		SOLE		0	0	0
MPLX LP	STOCK	55336V100	18,870	622,758	SH		SOLE		0	0	0
Magellan Midstream Partners LP	STOCK	559080106	16,882	295,865	SH		SOLE		0	0	0
Marathon Oil Corp.	STOCK	565849106	2,584	180,186	SH		SOLE		0	0	0
Marathon Petroleum Corp.	STOCK	56585A102	12,676	214,811	SH		SOLE		0	0	0
NGL Energy Partners LP	STOCK	62913M107	1,453	151,508	SH		SOLE		0	0	0
Noble Midstream Partners LP	STOCK	65506L105	8,322	288,569	SH		SOLE		0	0	0
Occidental Petroleum Corp.	STOCK	674599105	4,591	74,800	SH		SOLE		0	0	0
ONEOK, Inc.	STOCK	682680103	11,718	217,198	SH		SOLE		0	0	0
PBF Logistics LP	STOCK	69318Q104	1,659	82,525	SH		SOLE		0	0	0
Parsley Energy, Inc.	STOCK	701877102	2,030	127,050	SH		SOLE		0	0	0
Phillips 66	STOCK	718546104	6,912	80,237	SH		SOLE		0	0	0
Phillips 66 Partners LP	STOCK	718549207	14,429	342,639	SH		SOLE		0	0	0
Plains All American Pipeline LP	STOCK	726503105	8,233	410,849	SH		SOLE		0	0	0
Plains GP Holdings LP	STOCK	72651A207	1,256	62,500	SH		SOLE		0	0	0
Shell Midstream Partners LP	STOCK	822634101	11,892	724,683	SH		SOLE		0	0	0
Sprague Resources LP	STOCK	849343108	3,127	215,782	SH		SOLE		0	0	0
Summit Midstream Partners LP	STOCK	866142102	1,549	154,164	SH		SOLE		0	0	0
Sunoco LP	STOCK	86765K109	5,811	213,729	SH		SOLE		0	0	0
TC PipeLines LP	STOCK	87233Q108	2,389	74,369	SH		SOLE		0	0	0
Tallgrass Energy GP LP	STOCK	874696107	7,000	287,587	SH		SOLE		0	0	0
Targa Resources Corp.	STOCK	87612G101	9,322	258,800	SH		SOLE		0	0	0
TransCanada Corp.	STOCK	89353D107	984	27,550	SH		SOLE		0	0	0
UGI Corp.	STOCK	902681105	6,509	122,000	SH		SOLE		0	0	0
USA Compression Partners LP	STOCK	90290N109	10,286	792,417	SH		SOLE		0	0	0
Valero Energy Corp.	STOCK	91913Y100	8,345	111,314	SH		SOLE		0	0	0
Valero Energy Partners LP	STOCK	91914J102	16,440	389,840	SH		SOLE		0	0	0
Viper Energy Partners LP	STOCK	92763M105	9,891	379,849	SH		SOLE		0	0	0
Western Gas Partners LP	STOCK	958254104	14,402	341,039	SH		SOLE		0	0	0
Western Gas Equity Partners LP	STOCK	95825R103	5,592	201,673	SH		SOLE		0	0	0
Williams Cos, Inc./The	STOCK	969457100	13,129	595,432	SH		SOLE		0	0	0
Golar LNG Partners LP	STOCK	Y2745C102	1,295	119,913	SH		SOLE		0	0	0
Teekay LNG Partners LP	STOCK	Y8564M105	2,434	220,861	SH		SOLE		0	0	0