Duff & Phelps Investment 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
3M COMPANY	Common Stock	88579Y101	572,580	6,116	SH		SOLE		6,116	0	0
ABBOTT LABS	Common Stock	002824100	1,857,583	19,180	SH		SOLE		19,180	0	0
ABBVIE INC	Common Stock	00287Y109	2,908,310	19,511	SH		SOLE		19,511	0	0
ACCENTURE PLC CLASS A	Common Stock	G1151C101	2,141,478	6,973	SH		SOLE		6,973	0	0
ADOBE INC	Common Stock	00724F101	2,568,366	5,037	SH		SOLE		5,037	0	0
ADV MICRO DEVICES	Common Stock	007903107	1,836,365	17,860	SH		SOLE		17,860	0	0
ADVANCED DRAINAGE COM USD0.01	Common Stock	00790R104	14,251,516	125,200	SH		SOLE		125,200	0	0
AECOM	Common Stock	00766T100	11,907,936	143,400	SH		SOLE		143,400	0	0
AES CORP	Common Stock	00130H105	438,125	28,824	SH		SOLE		28,824	0	0
ALEXANDRIA REAL ESTA REIT	Common Stock	015271109	50,698,548	506,479	SH		OTR	1	119,145	106,306	281,028
ALLIANT ENERGY CORP	Common Stock	018802108	103,625,538	2,138,814	SH		SOLE		2,138,814	0	0
ALPHABET INC CLASS A	Common Stock	02079K305	6,108,414	46,679	SH		SOLE		46,679	0	0
ALPHABET INC CLASS C	Common Stock	02079K107	5,756,175	43,657	SH		SOLE		43,657	0	0
ALTRIA GROUP INC	Common Stock	02209S103	826,367	19,652	SH		SOLE		19,652	0	0
AMAZON COM INC	Common Stock	023135106	10,919,989	85,903	SH		SOLE		85,903	0	0
AMEREN CORPORATION	Common Stock	023608102	131,174,745	1,752,970	SH		OTR	1	1,536,688	163,397	52,885
AMERICAN EXPRESS CO	Common Stock	025816109	959,590	6,432	SH		SOLE		6,432	0	0
AMERICAN HOMES 4 R CL A	REIT	02665T306	110,979,981	3,294,152	SH		OTR	1	847,010	744,200	1,702,942
AMERICAN TOWER CORP	REIT	03027X100	160,691,166	977,143	SH		OTR	1	497,914	264,429	214,800
AMERICAN WTR WKS CO	Common Stock	030420103	92,857,021	749,875	SH		SOLE		749,875	0	0
AMERN ELEC PWR INC	Common Stock	025537101	108,950,529	1,448,425	SH		OTR	1	1,184,900	199,115	64,410
AMERN INTL GROUP INC	Common Stock	026874784	476,861	7,869	SH		SOLE		7,869	0	0
AMGEN INC	Common Stock	031162100	1,587,297	5,906	SH		SOLE		5,906	0	0
APARTMENT INCOME REIT WHEN ISSUED	REIT	03750L109	72,147,118	2,350,069	SH		OTR	1	676,095	547,326	1,126,648
APPLE INC	Common Stock	037833100	13,290,347	77,626	SH		SOLE		77,626	0	0
ARRAY TECHNOLOGIES	Common Stock	04271T100	606,741	27,343	SH		SOLE		27,343	0	0
AT&T INC	Common Stock	00206R102	43,941,401	2,925,526	SH		SOLE		2,925,526	0	0
ATMOS ENERGY CORP	Common Stock	049560105	103,492,339	976,988	SH		OTR	1	863,550	86,154	27,284
AVALONBAY COMMUNTIES REIT	REIT	053484101	81,443,745	474,227	SH		OTR	1	124,229	107,809	242,189
BADGER METER INC	Common Stock	056525108	13,020,235	90,500	SH		SOLE		90,500	0	0
BANK OF AMERICA CORP	Common Stock	060505104	2,092,653	76,430	SH		SOLE		76,430	0	0
BCE INC	Common Stock	05534B760	40,684,067	1,065,865	SH		SOLE		1,065,865	0	0
BERKSHIRE HATHAWAY CLASS B	Common Stock	084670702	1,457,598	4,161	SH		SOLE		4,161	0	0
BLACK HILLS CORP	Common Stock	092113109	19,714,923	389,700	SH		SOLE		389,700	0	0
BLACKROCK INC	Common Stock	09247X101	1,002,706	1,551	SH		SOLE		1,551	0	0
BLOOM ENERGY CORPOR CLASS A COMMON STOCK	Common Stock	093712107	227,608	17,165	SH		SOLE		17,165	0	0
BOEING CO	Common Stock	097023105	1,200,684	6,264	SH		SOLE		6,264	0	0
BOOKING HLDGS INC	Common Stock	09857L108	1,218,160	395	SH		SOLE		395	0	0
BRISTOL MYERS SQUIBB	Common Stock	110122108	1,340,318	23,093	SH		SOLE		23,093	0	0
BRIXMOR PROPERTY G COM USD0.01	Common Stock	11120U105	84,617,677	4,072,073	SH		OTR	1	987,176	865,531	2,219,366
BROADCOM INC	Common Stock	11135F101	3,789,106	4,562	SH		SOLE		4,562	0	0
CAMECO CORP	Common Stock	13321L108	392,555	9,903	SH		SOLE		9,903	0	0
CANADIAN PACIFIC KC	Common Stock	13646K108	25,265,790	339,015	SH		OTR	1	150,000	143,298	45,717
CAPITAL ONE FINL CO	Common Stock	14040H105	411,201	4,237	SH		SOLE		4,237	0	0
CATERPILLAR INC	Common Stock	149123101	1,539,720	5,640	SH		SOLE		5,640	0	0
CDN NATL RAILWAY	Common Stock	136375102	5,414,696	49,770	SH		SOLE		49,770	0	0
CENTERPOINT ENERGY	Master Ltd Part	15189T107	143,599,197	5,348,201	SH		OTR	1	4,592,870	556,474	198,857
CHART INDS INC	Master Ltd Part	16115Q308	1,001,021	5,919	SH		SOLE		5,919	0	0
CHARTER COMMUNICATIO CL A	Common Stock	16119P108	494,798	1,125	SH		SOLE		1,125	0	0
CHENIERE ENERGY INC	Master Ltd Part	16411R208	141,066,332	850,002	SH		OTR	1	649,002	153,031	47,969
CHEVRON CORP	Common Stock	166764100	3,306,975	19,612	SH		SOLE		19,612	0	0
CISCO SYSTEMS INC	Common Stock	17275R102	2,423,178	45,074	SH		SOLE		45,074	0	0
CITIGROUP INC	Common Stock	172967424	875,493	21,286	SH		SOLE		21,286	0	0
CLEARWAY ENERGY INC CL C COM STOCK $0.01	Common Stock	18539C204	231,131	10,923	SH		SOLE		10,923	0	0
CMS ENERGY CORP	Common Stock	125896100	117,440,443	2,211,268	SH		OTR	1	1,951,865	196,599	62,804
COCA-COLA CO	Common Stock	191216100	2,408,260	43,020	SH		SOLE		43,020	0	0
COLGATE PALMOLIVE CO	Common Stock	194162103	648,594	9,121	SH		SOLE		9,121	0	0
COMCAST CORP CLASS A	Common Stock	20030N101	50,321,289	1,134,896	SH		SOLE		1,134,896	0	0
COMPANHIA DE SANEAME ADR	ADR	20441A102	15,150,000	1,250,000	SH		SOLE		1,250,000	0	0
CONOCOPHILLIPS	Common Stock	20825C104	1,585,793	13,237	SH		SOLE		13,237	0	0
CONSOLDTD EDISON INC	Common Stock	209115104	829,042	9,693	SH		SOLE		9,693	0	0
CONSTELLATION ENERGY	Common Stock	21037T109	602,558	5,524	SH		SOLE		5,524	0	0
CORE & MAIN INC CLASS A COMMON STOCK	Common Stock	21874C102	17,887,000	620,000	SH		SOLE		620,000	0	0
COSTCO WHSL CORP	Common Stock	22160K105	2,767,174	4,898	SH		SOLE		4,898	0	0
COUSINS PPTYS INC	Common Stock	222795502	23,045,824	1,131,361	SH		OTR	1	307,120	257,496	566,745
CROWN CASTLE INC	REIT	22822V101	87,724,745	953,219	SH		OTR	1	722,755	174,218	56,246
CSX CORP	Common Stock	126408103	3,444,000	112,000	SH		SOLE		112,000	0	0
CUBESMART	REIT	229663109	101,167,240	2,653,219	SH		OTR	1	664,043	582,919	1,406,257
CVS HEALTH CORP	Common Stock	126650100	990,746	14,190	SH		SOLE		14,190	0	0
DANAHER CORP	Common Stock	235851102	44,897,168	180,964	SH		SOLE		180,964	0	0
DARLING INGREDIENTS	Common Stock	237266101	303,908	5,822	SH		SOLE		5,822	0	0
DEERE & CO	Common Stock	244199105	1,137,801	3,015	SH		SOLE		3,015	0	0
DIGITAL RLTY TR INC	REIT	253868103	169,133,316	1,397,565	SH		OTR	1	345,785	284,050	767,730
DOMINION ENERGY INC	Master Ltd Part	25746U109	76,430,415	1,711,001	SH		OTR	1	1,340,573	278,395	92,033
DOUGLAS EMMETT INC	Common Stock	25960P109	6,243,340	489,290	SH		OTR	1	118,596	113,763	256,931
DOW INC	Common Stock	260557103	403,199	7,820	SH		SOLE		7,820	0	0
DT MIDSTREAM INC	Master Ltd Part	23345M107	39,705,453	750,292	SH		OTR	1	542,603	156,863	50,826
DTE ENERGY CO	Common Stock	233331107	91,831,419	924,974	SH		OTR	1	797,120	96,194	31,660
DUKE ENERGY CORP	Common Stock	26441C204	19,069,279	216,058	SH		SOLE		216,058	0	0
EASTGROUP PROPERTIES	Common Stock	277276101	2,085,788	12,525	SH		SOLE		12,525	0	0
ECOLAB INC	Common Stock	278865100	21,039,480	124,200	SH		SOLE		124,200	0	0
EDISON INTL	Common Stock	281020107	18,661,310	294,854	SH		OTR	1	125,600	127,623	41,631
EMERSON ELEC CO	Common Stock	291011104	611,868	6,336	SH		SOLE		6,336	0	0
ENBRIDGE INC	Master Ltd Part	29250N105	63,003,614	1,898,271	SH		OTR	1	1,028,225	657,914	212,132
ENERGY TRANSFER L P COM UT LTD PTN	Master Ltd Part	29273V100	77,226,900	5,504,412	SH		SOLE		5,504,412	0	0
ENLINK MIDSTREAM LLC UNIT REP STG LTD LIA	Master Ltd Part	29336T100	20,314,394	1,662,389	SH		SOLE		1,662,389	0	0
ENPHASE ENERGY	Common Stock	29355A107	1,032,569	8,594	SH		SOLE		8,594	0	0
ENTERGY CORP	Master Ltd Part	29364G103	69,492,568	751,271	SH		OTR	1	635,120	87,536	28,615
ENTERPRISE PRODS	Master Ltd Part	293792107	72,438,592	2,646,642	SH		SOLE		2,646,642	0	0
EQUINIX INC	REIT	29444U700	263,522,715	362,849	SH		OTR	1	145,003	64,453	153,393
EQUITRANS MIDST CORP	Master Ltd Part	294600101	690,147	73,655	SH		SOLE		73,655	0	0
EQUITY LIFESTYLE PPT	REIT	29472R108	382,260	6,000	SH		SOLE		6,000	0	0
ESSENTIAL UTILITIES	Common Stock	29670G102	94,616,913	2,756,100	SH		SOLE		2,756,100	0	0
EVERGY INC	Common Stock	30034W106	78,930,318	1,556,811	SH		OTR	1	1,352,856	153,990	49,965
EVERSOURCE ENERGY	Common Stock	30040W108	43,678,791	751,140	SH		SOLE		751,140	0	0
EXELON CORP	Common Stock	30161N101	28,390,531	751,271	SH		SOLE		751,271	0	0
EXTRA SPACE STORAGE REIT	REIT	30225T102	47,570,728	391,271	SH		OTR	1	105,657	86,905	198,709
EXXON MOBIL CORP	Common Stock	30231G102	5,203,033	44,251	SH		SOLE		44,251	0	0
FEDEX CORP	Common Stock	31428X106	678,195	2,560	SH		SOLE		2,560	0	0
FERGUSON PLC ORD GBP0.10	Common Stock	G3421J106	9,045,850	55,000	SH		SOLE		55,000	0	0
FIRST SOLAR	Common Stock	336433107	1,278,177	7,910	SH		SOLE		7,910	0	0
FIRSTENERGY CORP	Common Stock	337932107	38,913,930	1,138,500	SH		SOLE		1,138,500	0	0
FLUENCE ENERGY INC COM USD0.00001 CLASS	Common Stock	34379V103	436,465	18,985	SH		SOLE		18,985	0	0
FORD MOTOR CO	Common Stock	345370860	539,748	43,458	SH		SOLE		43,458	0	0
FORTIS INC	Common Stock	349553107	37,467,619	981,900	SH		SOLE		981,900	0	0
FRANKLIN ELEC INC	Common Stock	353514102	9,074,691	101,700	SH		SOLE		101,700	0	0
GENERAL DYNAMICS	Common Stock	369550108	554,414	2,509	SH		SOLE		2,509	0	0
GENERAL ELECTRIC CO COM NEW	Common Stock	369604301	1,330,138	12,032	SH		SOLE		12,032	0	0
GENERAL MOTORS CO	Common Stock	37045V100	503,419	15,269	SH		SOLE		15,269	0	0
GENESIS ENERGY L P UNIT	Master Ltd Part	371927104	381,840	37,000	SH		SOLE		37,000	0	0
GILEAD SCIENCES INC	Common Stock	375558103	1,032,224	13,774	SH		SOLE		13,774	0	0
GOLAR LNG LTD ORDINARY	Master Ltd Part	G9456A100	10,067,900	415,000	SH		SOLE		415,000	0	0
GOLDMAN SACHS GROUP	Common Stock	38141G104	1,179,413	3,645	SH		SOLE		3,645	0	0
HEALTHPEAK PROPERTIE COM USD1	Common Stock	42250P103	55,567,899	3,026,574	SH		OTR	1	703,234	648,260	1,675,080
HESS MIDSTREAM LP CLASS A SHARE REPRES	Master Ltd Part	428103105	21,976,313	754,422	SH		SOLE		754,422	0	0
HOME DEPOT INC	Common Stock	437076102	3,358,206	11,114	SH		SOLE		11,114	0	0
HONEYWELL INTL INC	Common Stock	438516106	1,356,546	7,343	SH		SOLE		7,343	0	0
HOST HOTELS & RESRTS REIT	Common Stock	44107P104	23,488,507	1,461,637	SH		OTR	1	433,323	351,269	677,045
IDEX CORP	Common Stock	45167R104	12,626,814	60,700	SH		SOLE		60,700	0	0
INTEL CORP	Common Stock	458140100	1,645,752	46,294	SH		SOLE		46,294	0	0
INTL BUSINESS MCHN	Common Stock	459200101	1,412,821	10,070	SH		SOLE		10,070	0	0
INVESCO DB COMMODITY INDEX TRAC	ETF	46138B103	1,841,399	73,774	SH		SOLE		73,774	0	0
INVESCO DB MULTI-SEC AGRICULTURE FD	ETF	46140H106	453,892	21,200	SH		SOLE		21,200	0	0
INVITATION HOMES	REIT	46187W107	35,055,953	1,106,215	SH		OTR	1	489,005	345,610	271,600
IRON MOUNTAIN INC	Common Stock	46284V101	2,603,316	43,790	SH		SOLE		0	0	43,790
ISHARES RUS 2000 GRW ETF	ETF	464287648	10,505,911	46,870	SH		SOLE		46,870	0	0
ISHARES RUS 2000 VAL ETF	ETF	464287630	19,355,185	142,790	SH		SOLE		142,790	0	0
ISHARES S&P MC 400GR ETF	ETF	464287606	12,589,987	174,280	SH		SOLE		174,280	0	0
ISHARES S&P MC 400VL ETF	ETF	464287705	24,105,617	238,835	SH		SOLE		238,835	0	0
ISHARES TRUST CORE S&P TOTAL US STK MKT	ETF	464287150	71,359,757	757,615	SH		SOLE		757,615	0	0
JOHNSON & JOHNSON	Common Stock	478160104	4,145,909	26,619	SH		SOLE		26,619	0	0
JPMORGAN CHASE & CO	Common Stock	46625H100	4,658,332	32,122	SH		SOLE		32,122	0	0
KEYERA CORP	Master Ltd Part	493271100	24,325,890	1,031,314	SH		SOLE		1,031,314	0	0
KIMCO REALTY CORP	Common Stock	49446R109	5,852,967	332,744	SH		OTR	1	184,312	113,690	34,742
KINDER MORGAN INC	Master Ltd Part	49456B101	21,181,381	1,277,526	SH		SOLE		1,277,526	0	0
KODIAK GAS SERVICES	Common Stock	50012A108	348,660	19,500	SH		SOLE		19,500	0	0
KRAFT HEINZ CO	Common Stock	500754106	296,873	8,825	SH		SOLE		8,825	0	0
LAMAR ADVERTISING CL A	Common Stock	512816109	646,058	7,740	SH		SOLE		0	0	7,740
LILLY ELI & CO	Common Stock	532457108	4,734,264	8,814	SH		SOLE		8,814	0	0
LINDE PLC SHS	Common Stock	G54950103	1,593,658	4,280	SH		SOLE		4,280	0	0
LINDSAY CORP COM USD1	Common Stock	535555106	7,237,320	61,500	SH		SOLE		61,500	0	0
LOCKHEED MARTIN CORP	Common Stock	539830109	1,012,994	2,477	SH		SOLE		2,477	0	0
LOWES CO	Common Stock	548661107	1,346,180	6,477	SH		SOLE		6,477	0	0
MARATHON PETROLEUM	Master Ltd Part	56585A102	923,931	6,105	SH		SOLE		6,105	0	0
MASTERCARD INC CLASS A	Common Stock	57636Q104	3,641,184	9,197	SH		SOLE		9,197	0	0
MCDONALDS CORP	Common Stock	580135101	2,120,955	8,051	SH		SOLE		8,051	0	0
MEDTRONIC PLC ORDINARY SHS $0.0001	Common Stock	G5960L103	1,152,989	14,714	SH		SOLE		14,714	0	0
MERCK & CO INC	Common Stock	58933Y105	2,887,336	28,046	SH		SOLE		28,046	0	0
META PLATFORMS INC COM USD0.000006 CL A	Common Stock	30303M102	7,374,659	24,565	SH		SOLE		24,565	0	0
METLIFE INC	Common Stock	59156R108	439,363	6,984	SH		SOLE		6,984	0	0
MICROSOFT CORP	Common Stock	594918104	13,598,090	43,066	SH		SOLE		43,066	0	0
MID-AMER APT CMNTYS REIT	REIT	59522J103	85,365,708	663,550	SH		OTR	1	159,645	145,040	358,865
MONDELEZ INTL INC	Common Stock	609207105	1,043,151	15,031	SH		SOLE		15,031	0	0
MORGAN STANLEY	Common Stock	617446448	1,151,792	14,103	SH		SOLE		14,103	0	0
MP MATERIALS CORP CLASS A COMMON STOCK	Common Stock	553368101	360,818	18,891	SH		SOLE		18,891	0	0
MPLX LP	Master Ltd Part	55336V100	70,008,625	1,968,193	SH		SOLE		1,968,193	0	0
MUELLER WTR PRODS	Common Stock	624758108	7,110,944	560,800	SH		SOLE		560,800	0	0
NETFLIX INC	Common Stock	64110L106	1,852,506	4,906	SH		SOLE		4,906	0	0
NEW FORTRESS ENERG CL A COMMON	Master Ltd Part	644393100	10,404,077	317,391	SH		SOLE		317,391	0	0
NEW JERSEY RES CORP	Common Stock	646025106	35,575,222	875,590	SH		SOLE		875,590	0	0
NEXTERA ENERGY INC	Master Ltd Part	65339F101	120,994,990	2,111,974	SH		OTR	1	1,503,658	462,059	146,257
NIKE INC CLASS B	Common Stock	654106103	1,296,894	13,563	SH		SOLE		13,563	0	0
NISOURCE INC	Common Stock	65473P105	96,297,164	3,901,830	SH		OTR	1	3,373,315	398,271	130,244
NORFOLK SOUTHERN	Common Stock	655844108	19,545,106	99,249	SH		OTR	1	14,000	64,068	21,181
NORTHWEST NATURAL HL	Common Stock	66765N105	29,744,575	779,470	SH		SOLE		779,470	0	0
NVIDIA CORP	Common Stock	67066G104	10,955,658	25,186	SH		SOLE		25,186	0	0
OGE ENERGY CORP	Common Stock	670837103	77,939,439	2,338,417	SH		SOLE		2,338,417	0	0
ONE GAS INC	Common Stock	68235P108	39,329,280	576,000	SH		SOLE		576,000	0	0
ONEOK INC	Master Ltd Part	682680103	31,358,587	494,381	SH		SOLE		494,381	0	0
ORACLE CORP	Common Stock	68389X105	1,843,326	17,403	SH		SOLE		17,403	0	0
PAYPAL HLDGS INC COM	Common Stock	70450Y103	709,587	12,138	SH		SOLE		12,138	0	0
PEMBINA PIPELINE	Master Ltd Part	706327103	32,456,295	1,074,571	SH		SOLE		1,074,571	0	0
PENTAIR PLC	Common Stock	G7S00T104	9,706,025	149,900	SH		SOLE		149,900	0	0
PEPSICO INC	Common Stock	713448108	2,577,521	15,212	SH		SOLE		15,212	0	0
PFIZER INC	Common Stock	717081103	2,070,206	62,412	SH		SOLE		62,412	0	0
PG&E CORP	Common Stock	69331C108	49,127,141	3,045,700	SH		SOLE		3,045,700	0	0
PHILIP MORRIS INTL	Common Stock	718172109	1,588,673	17,160	SH		SOLE		17,160	0	0
PINNACLE WEST CAP	Common Stock	723484101	46,044,842	624,930	SH		SOLE		624,930	0	0
PLAINS ALL AMERN PIP UNIT	Master Ltd Part	726503105	42,741,268	2,789,900	SH		SOLE		2,789,900	0	0
PLAINS GP HLDINGS LP CL A SHS LPI	Master Ltd Part	72651A207	1,662,020	103,103	SH		SOLE		103,103	0	0
PLUG POWER INC	Common Stock	72919P202	434,864	57,219	SH		SOLE		57,219	0	0
PPL CORP COM	Common Stock	69351T106	12,492,337	530,235	SH		SOLE		530,235	0	0
PROCTER AND GAMBLE COM	Common Stock	742718109	3,800,820	26,058	SH		SOLE		26,058	0	0
PROLOGIS INC	Common Stock	74340W103	345,951,060	3,083,068	SH		OTR	1	770,865	688,060	1,624,143
PUBLIC STORAGE REIT COMMON	REIT	74460D109	144,758,124	549,325	SH		OTR	1	152,655	116,290	280,380
PUBLIC SVC ENTERPR	Common Stock	744573106	110,074,298	1,934,182	SH		OTR	1	1,742,650	146,232	45,300
QUALCOMM INC	Common Stock	747525103	1,370,147	12,337	SH		SOLE		12,337	0	0
REALTY INCOME CORP	Common Stock	756109104	120,465,668	2,412,208	SH		OTR	1	631,750	537,929	1,242,529
REGENCY CENTERS CORP REIT	Common Stock	758849103	74,201,686	1,248,346	SH		OTR	1	332,945	287,150	628,251
REXFORD INDUSTRIAL COM USD0.01	Common Stock	76169C100	97,805,926	1,981,883	SH		OTR	1	588,128	472,450	921,305
RTX CORPORATION COM USD1	Common Stock	75513E101	1,159,221	16,107	SH		SOLE		16,107	0	0
RYMAN HOSPITALITY	Common Stock	78377T107	38,903,919	467,146	SH		OTR	1	110,940	115,797	240,409
SABRA HEALTHCARE	Common Stock	78573L106	18,445,966	1,323,240	SH		OTR	1	622,045	389,605	311,590
SALESFORCE INC	Common Stock	79466L302	2,182,521	10,763	SH		SOLE		10,763	0	0
SBA COMMUNICATIONS COM USD0.01 CL A	REIT	78410G104	39,624,052	197,952	SH		OTR	1	54,117	49,350	94,485
SCHWAB CHARLES CORP COM	Common Stock	808513105	901,678	16,424	SH		SOLE		16,424	0	0
SCHWAB STRATEGIC T US TIPS ETF	ETF	808524870	333,234	6,600	SH		SOLE		6,600	0	0
SEMPRA	Master Ltd Part	816851109	137,988,038	2,028,341	SH		OTR	1	1,631,002	301,140	96,199
SHOALS TECHNOLOGIES CL A	Common Stock	82489W107	355,930	19,503	SH		SOLE		19,503	0	0
SIMON PPTY INC	Common Stock	828806109	31,708,533	293,516	SH		OTR	1	99,455	74,683	119,378
SJW GROUP	Common Stock	784305104	5,905,146	98,239	SH		SOLE		98,239	0	0
SOLAREDGE TECHNOLO	Common Stock	83417M104	671,768	5,187	SH		SOLE		5,187	0	0
SOUTHERN CO	Common Stock	842587107	97,854,893	1,511,973	SH		OTR	1	1,255,418	191,181	65,374
SPDR INDEX SHARES S&P GL NAT RES ETF	ETF	78463X541	2,159,150	38,750	SH		SOLE		38,750	0	0
SPDR SERIES TRUST PORTFOLIO INTERMEDIA	ETF	78464A375	10,921,170	347,255	SH		SOLE		347,255	0	0
SPIRE INC COM USD1	Common Stock	84857L101	43,925,317	776,340	SH		SOLE		776,340	0	0
STANTEC INC	Common Stock	85472N109	20,977,482	321,815	SH		SOLE		321,815	0	0
STARBUCKS CORP	Common Stock	855244109	1,155,478	12,660	SH		SOLE		12,660	0	0
SUN COMMUNITIES	REIT	866674104	135,186,646	1,142,358	SH		OTR	1	284,373	248,182	609,803
SUNRUN INC COM USD0.0001	Master Ltd Part	86771W105	318,434	25,353	SH		SOLE		25,353	0	0
TARGA RESOURCES IN	Master Ltd Part	87612G101	112,777,518	1,315,650	SH		OTR	1	1,127,625	140,802	47,223
TARGET CORPORATION	Common Stock	87612E106	564,128	5,102	SH		SOLE		5,102	0	0
TE CONNECTIVITY	Common Stock	H84989104	230,631	1,867	SH		SOLE		1,867	0	0
TELUS CORP	Common Stock	87971M103	38,544,312	2,349,500	SH		SOLE		2,349,500	0	0
TERRENO RLTY CORP	Common Stock	88146M101	1,979,480	34,850	SH		SOLE		34,850	0	0
TESLA INC COM	Common Stock	88160R101	7,637,966	30,525	SH		SOLE		30,525	0	0
TETRA TECH INC	Common Stock	88162G103	27,213,370	179,000	SH		SOLE		179,000	0	0
TEXAS INSTRUMENTS	Common Stock	882508104	1,595,983	10,037	SH		SOLE		10,037	0	0
THERMO FISHER SCI	Common Stock	883556102	14,560,486	28,766	SH		SOLE		28,766	0	0
T-MOBILE US INC	Common Stock	872590104	801,366	5,722	SH		SOLE		5,722	0	0
TRANSCANADA PIPELINE COM	Master Ltd Part	87807B107	30,401,235	883,500	SH		SOLE		883,500	0	0
UDR INC	REIT	902653104	87,517,058	2,453,520	SH		OTR	1	609,045	547,330	1,297,145
UNION PAC CORP	Common Stock	907818108	11,472,718	56,341	SH		OTR	1	6,737	37,877	11,727
UNITED PARCEL SERVIC CLASS B	Common Stock	911312106	1,246,960	8,000	SH		SOLE		8,000	0	0
UNITEDHEALTH GRP INC	Common Stock	91324P102	5,164,418	10,243	SH		SOLE		10,243	0	0
US BANCORP DEL	Common Stock	902973304	568,996	17,211	SH		SOLE		17,211	0	0
VALERO ENERGY CORP	Master Ltd Part	91913Y100	13,865,615	97,845	SH		SOLE		97,845	0	0
VALMONT INDS INC	Common Stock	920253101	11,530,080	48,000	SH		SOLE		48,000	0	0
VANECK ETF TRUST GOLD MINERS ETF	ETF	92189F106	478,998	17,800	SH		SOLE		17,800	0	0
VANGUARD FTSE EMERGING MARKETS ETF	ETF	922042858	6,800,582	173,440	SH		SOLE		173,440	0	0
VANGUARD INDEX TR TOTAL STOCK MARKET	ETF	922908769	31,987,884	150,595	SH		SOLE		150,595	0	0
VANGUARD INTL EQUITY ETF ALL-WORLD EX-US	ETF	922042775	43,291,739	834,620	SH		SOLE		834,620	0	0
VANGUARD TAX MANAGED FTSE DEV MKT ETF	ETF	921943858	27,070,112	619,170	SH		SOLE		619,170	0	0
VENTAS INC	Common Stock	92276F100	132,405,111	3,142,775	SH		OTR	1	817,700	690,800	1,634,275
VERALTO CORPORATION	Common Stock	92338C103	2,536,800	30,000	SH		SOLE		30,000	0	0
VERIZON COMMUNICATIO	Common Stock	92343V104	44,918,996	1,385,961	SH		SOLE		1,385,961	0	0
VICI PPTYS INC COM	REIT	925652109	96,947,232	3,331,520	SH		OTR	1	1,127,227	994,137	1,210,156
VISA INC CLASS A	Common Stock	92826C839	4,085,438	17,762	SH		SOLE		17,762	0	0
VODAFONE GRP PLC ADR	ADR	92857W308	7,415,256	782,200	SH		SOLE		782,200	0	0
WALMART INC	Common Stock	931142103	2,523,056	15,776	SH		SOLE		15,776	0	0
WALT DISNEY CO COM	Common Stock	254687106	1,639,398	20,227	SH		SOLE		20,227	0	0
WASTE MANAGEMENT INC	Common Stock	94106L109	14,283,628	93,700	SH		SOLE		93,700	0	0
WEC ENERGY GROUP INC	Common Stock	92939U106	101,854,670	1,264,490	SH		SOLE		1,264,490	0	0
WELLS FARGO & CO	Common Stock	949746101	1,311,443	32,096	SH		SOLE		32,096	0	0
WELLTOWER OP INC	Common Stock	95040Q104	162,327,101	1,981,532	SH		OTR	1	502,197	406,000	1,073,335
WESTERN MIDSTREAM PA COM UNITS REP LTD PT	Master Ltd Part	958669103	12,171,810	447,000	SH		SOLE		447,000	0	0
WEYERHAEUSER CO	Common Stock	962166104	2,445,442	79,760	SH		SOLE		0	0	79,760
WILLIAMS COS INC	Master Ltd Part	969457100	73,683,129	2,187,092	SH		OTR	1	1,943,973	185,344	57,775
XCEL ENERGY INC	Common Stock	98389B100	117,191,538	2,048,087	SH		OTR	1	1,735,450	236,636	76,001
XYLEM INC	Common Stock	98419M100	50,272,228	552,260	SH		SOLE		552,260	0	0
ZURN ELKAY WATER SOL	Common Stock	98983L108	11,883,282	424,100	SH		SOLE		424,100	0	0