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
ABBOTT LABS	Common Stock	002824100	413,042	3,975	SH		SOLE		3,975	0	0
ABBVIE INC	Common Stock	00287Y109	694,484	4,049	SH		SOLE		4,049	0	0
ACCENTURE PLC CLASS A	Common Stock	G1151C101	436,607	1,439	SH		SOLE		1,439	0	0
ADOBE INC	Common Stock	00724F101	576,651	1,038	SH		SOLE		1,038	0	0
ADV MICRO DEVICES	Common Stock	007903107	601,150	3,706	SH		SOLE		3,706	0	0
ADVANCED DRAINAGE COM USD0.01	Common Stock	00790R104	19,118,488	119,200	SH		SOLE		119,200	0	0
AECOM	Common Stock	00766T100	8,737,142	99,128	SH		SOLE		99,128	0	0
AES CORP	Master Ltd Part	00130H105	598,434	34,060	SH		SOLE		34,060	0	0
AGREE REALTY CORP	Common Stock	008492100	371,640	6,000	SH		SOLE		6,000	0	0
ALEXANDRIA REAL ESTA REIT	REIT	015271109	5,320,965	45,490	SH		OTR		0	0	45,490
ALLIANT ENERGY CORP	Common Stock	018802108	103,342,270	2,030,300	SH		SOLE		2,030,300	0	0
ALPHABET INC CLASS A	Common Stock	02079K305	2,462,668	13,520	SH		SOLE		13,520	0	0
ALPHABET INC CLASS C	Common Stock	02079K107	2,076,314	11,320	SH		SOLE		11,320	0	0
AMAZON COM INC	Common Stock	023135106	4,053,032	20,973	SH		SOLE		20,973	0	0
AMEREN CORPORATION	Common Stock	023608102	112,024,276	1,575,366	SH		OTR	1	1,418,635	120,381	36,350
AMERICAN EXPRESS CO	Common Stock	025816109	304,025	1,313	SH		SOLE		1,313	0	0
AMERICAN HOMES 4 R CL A	REIT	02665T306	124,599,970	3,353,067	SH		OTR	1	821,725	731,800	1,799,542
AMERICAN STS WTR CO	Common Stock	029899101	2,049,232	28,238	SH		SOLE		28,238	0	0
AMERICAN TOWER CORP	REIT	03027X100	191,704,748	986,237	SH		OTR	1	487,270	258,249	240,718
AMERICAN WTR WKS CO	Common Stock	030420103	81,870,133	633,866	SH		SOLE		633,866	0	0
AMERICOLD RLTY TR	Common Stock	03064D108	52,710,346	2,063,835	SH		OTR	1	476,490	430,525	1,156,820
AMERN ELEC PWR INC	Common Stock	025537101	57,663,605	657,210	SH		SOLE		657,210	0	0
AMGEN INC	Common Stock	031162100	382,439	1,224	SH		SOLE		1,224	0	0
APPLE INC	Common Stock	037833100	6,967,099	33,079	SH		SOLE		33,079	0	0
ARGAN INC	Common Stock	04010E109	450,373	6,156	SH		SOLE		6,156	0	0
ARRAY TECHNOLOGIES	Common Stock	04271T100	213,500	20,809	SH		SOLE		20,809	0	0
AT&T INC	Common Stock	00206R102	59,160,967	3,095,812	SH		SOLE		3,095,812	0	0
ATMOS ENERGY CORP	Common Stock	049560105	107,486,093	921,441	SH		OTR	1	779,115	109,688	32,638
AVALONBAY COMMUNTIES REIT	REIT	053484101	170,333,985	823,307	SH		OTR	1	220,844	179,394	423,069
BADGER METER INC	Common Stock	056525108	12,476,878	66,954	SH		SOLE		66,954	0	0
BANK OF AMERICA CORP	Common Stock	060505104	627,690	15,783	SH		SOLE		15,783	0	0
BCE INC	Common Stock	05534B760	34,502,050	1,065,865	SH		SOLE		1,065,865	0	0
BERKSHIRE HATHAWAY CLASS B	Common Stock	084670702	1,700,017	4,179	SH		SOLE		4,179	0	0
BLACK HILLS CORP	Common Stock	092113109	21,191,886	389,700	SH		SOLE		389,700	0	0
BLACKROCK INC	Common Stock	09247X101	251,942	320	SH		SOLE		320	0	0
BOEING CO	Common Stock	097023105	239,161	1,314	SH		SOLE		1,314	0	0
BOOKING HLDGS INC	Common Stock	09857L108	316,920	80	SH		SOLE		80	0	0
BRIXMOR PROPERTY G COM USD0.01	Common Stock	11120U105	103,191,588	4,469,103	SH		OTR	1	1,060,176	961,731	2,447,196
BROADCOM INC	Common Stock	11135F101	1,619,980	1,009	SH		SOLE		1,009	0	0
BXP INC	REIT	101121101	43,917,827	713,415	SH		OTR	1	187,030	164,700	361,685
CALIFORNIA WTR SVC	Common Stock	130788102	2,025,088	41,763	SH		SOLE		41,763	0	0
CAMECO CORP	Common Stock	13321L108	518,125	10,531	SH		SOLE		10,531	0	0
CANADIAN PACIFIC KC	Common Stock	13646K108	10,738,570	136,393	SH		OTR	1	48,700	67,704	19,989
CATERPILLAR INC	Common Stock	149123101	389,061	1,168	SH		SOLE		1,168	0	0
CENTERPOINT ENERGY	Master Ltd Part	15189T107	147,520,936	4,761,812	SH		OTR	1	4,222,252	403,112	136,448
CHART INDS INC	Master Ltd Part	16115Q308	1,021,783	7,079	SH		SOLE		7,079	0	0
CHENIERE ENERGY INC	Master Ltd Part	16411R208	137,499,075	786,473	SH		OTR	1	628,102	122,842	35,529
CHEVRON CORP	Common Stock	166764100	622,552	3,980	SH		SOLE		3,980	0	0
CISCO SYSTEMS INC	Common Stock	17275R102	443,078	9,326	SH		SOLE		9,326	0	0
CITIGROUP INC	Common Stock	172967424	278,780	4,393	SH		SOLE		4,393	0	0
CLEARWAY ENERGY INC CL C COM STOCK $0.01	Common Stock	18539C204	424,322	17,186	SH		SOLE		17,186	0	0
CMS ENERGY CORP	Common Stock	125896100	96,147,439	1,615,109	SH		SOLE		1,615,109	0	0
COCA-COLA CO	Common Stock	191216100	568,140	8,926	SH		SOLE		8,926	0	0
COMCAST CORP CLASS A	Common Stock	20030N101	43,016,947	1,098,492	SH		SOLE		1,098,492	0	0
COMPANHIA DE SANEAME ADR	ADR	20441A102	19,704,250	1,465,000	SH		SOLE		1,465,000	0	0
CONOCOPHILLIPS	Common Stock	20825C104	310,084	2,711	SH		SOLE		2,711	0	0
CONSOLDTD EDISON INC	Common Stock	209115104	714,913	7,995	SH		SOLE		7,995	0	0
CORE & MAIN INC CLASS A COMMON STOCK	Common Stock	21874C102	26,753,834	546,666	SH		SOLE		546,666	0	0
COSTCO WHSL CORP	Common Stock	22160K105	865,290	1,018	SH		SOLE		1,018	0	0
COUSINS PPTYS INC	Common Stock	222795502	28,322,266	1,223,424	SH		OTR	1	317,820	308,796	596,808
CROWN CASTLE INC	REIT	22822V101	91,821,098	939,827	SH		OTR	1	774,895	126,855	38,077
CSX CORP	Common Stock	126408103	16,893,254	505,030	SH		OTR	1	185,000	245,873	74,157
CUBESMART	REIT	229663109	97,482,958	2,158,135	SH		OTR	1	535,743	459,869	1,162,523
DANAHER CORP	Common Stock	235851102	14,465,815	57,898	SH		SOLE		57,898	0	0
DEERE & CO	Common Stock	244199105	223,057	597	SH		SOLE		597	0	0
DIGITAL RLTY TR INC	REIT	253868103	167,865,481	1,104,015	SH		OTR	1	281,430	229,425	593,160
DOMINION ENERGY INC	Master Ltd Part	25746U109	60,693,360	1,238,640	SH		SOLE		1,238,640	0	0
DT MIDSTREAM INC	Master Ltd Part	23345M107	12,936,055	182,121	SH		OTR	1	71,303	84,760	26,058
DTE ENERGY CO	Common Stock	233331107	97,293,160	876,436	SH		OTR	1	770,120	81,068	25,248
DUKE ENERGY CORP	Common Stock	26441C204	36,808,966	367,245	SH		OTR	1	252,058	88,282	26,905
EASTGROUP PROPERTIES	Common Stock	277276101	973,823	5,725	SH		SOLE		5,725	0	0
ECOLAB INC	Common Stock	278865100	31,941,980	134,210	SH		SOLE		134,210	0	0
EDISON INTL	Common Stock	281020107	35,488,287	494,197	SH		OTR	1	220,600	209,852	63,745
ENBRIDGE INC	Master Ltd Part	29250N105	34,957,388	982,225	SH		SOLE		982,225	0	0
ENERGY TRANSFER L P COM UT LTD PTN	Master Ltd Part	29273V100	81,074,243	4,998,412	SH		SOLE		4,998,412	0	0
ENLINK MIDSTREAM LLC UNIT REP STG LTD LIA	Master Ltd Part	29336T100	15,729,579	1,143,138	SH		SOLE		1,143,138	0	0
ENPHASE ENERGY	Common Stock	29355A107	1,590,275	15,949	SH		SOLE		15,949	0	0
ENTERGY CORP	Master Ltd Part	29364G103	86,525,443	808,649	SH		OTR	1	695,647	86,576	26,426
ENTERPRISE PRODS	Master Ltd Part	293792107	64,823,681	2,236,842	SH		SOLE		2,236,842	0	0
EQUINIX INC	REIT	29444U700	279,516,034	369,437	SH		OTR	1	146,671	68,163	154,603
ESSENTIAL UTILITIES	Common Stock	29670G102	90,723,360	2,430,307	SH		SOLE		2,430,307	0	0
ESSEX PPTY TR INC REIT	REIT	297178105	98,593,562	362,210	SH		OTR	1	110,030	97,230	154,950
EVERGY INC	Common Stock	30034W106	82,966,169	1,566,286	SH		SOLE		1,566,286	0	0
EVERSOURCE ENERGY	Common Stock	30040W108	60,447,983	1,065,914	SH		OTR	1	679,140	296,235	90,539
EXTRA SPACE STORAGE REIT	REIT	30225T102	5,036,838	32,410	SH		OTR		0	0	32,410
EXXON MOBIL CORP	Common Stock	30231G102	1,048,743	9,110	SH		SOLE		9,110	0	0
FERGUSON PLC ORD GBP0.10	Common Stock	G3421J106	12,159,284	62,790	SH		SOLE		62,790	0	0
FIRST SOLAR	Common Stock	336433107	1,887,777	8,373	SH		SOLE		8,373	0	0
FIRSTENERGY CORP	Common Stock	337932107	43,570,395	1,138,500	SH		SOLE		1,138,500	0	0
FLUENCE ENERGY INC COM USD0.00001 CLASS	Common Stock	34379V103	253,545	14,622	SH		SOLE		14,622	0	0
FORTIS INC	Common Stock	349553107	38,153,706	981,900	SH		SOLE		981,900	0	0
FRANKLIN ELEC INC	Common Stock	353514102	6,859,236	71,213	SH		SOLE		71,213	0	0
GAMING&LEISURE PPTYS	REIT	36467J108	20,923,188	462,800	SH		OTR	1	212,800	130,400	119,600
GE AEROSPACE COM NEW	Common Stock	369604301	395,994	2,491	SH		SOLE		2,491	0	0
GE VERNOVA INC	Common Stock	36828A101	377,665	2,202	SH		SOLE		2,202	0	0
GFL ENVIRONMENTAL IN SUB VTG SHS	Common Stock	36168Q104	10,564,045	271,360	SH		SOLE		271,360	0	0
GIBSON ENERGY	Master Ltd Part	374825206	613,096	36,083	SH		SOLE		36,083	0	0
GOLDMAN SACHS GROUP	Common Stock	38141G104	340,597	753	SH		SOLE		753	0	0
GRUPO AEROPORTUARIO ADR	ADR	400501102	2,300,100	34,000	SH		SOLE		34,000	0	0
HEALTHPEAK PROPERTIE COM USD1	Common Stock	42250P103	12,140,985	619,438	SH		OTR	1	255,993	153,385	210,060
HESS MIDSTREAM LP CLASS A SHARE REPRES	Master Ltd Part	428103105	744,433	20,429	SH		SOLE		20,429	0	0
HOME DEPOT INC	Common Stock	437076102	786,244	2,284	SH		SOLE		2,284	0	0
HONEYWELL INTL INC	Common Stock	438516106	324,154	1,518	SH		SOLE		1,518	0	0
HOST HOTELS & RESRTS REIT	Common Stock	44107P104	25,763,308	1,432,887	SH		OTR	1	437,423	357,769	637,695
HUBBELL INCORPORATED	Common Stock	443510607	268,628	735	SH		SOLE		735	0	0
IDEX CORP	Common Stock	45167R104	17,427,944	86,620	SH		SOLE		86,620	0	0
INTEL CORP	Common Stock	458140100	299,883	9,683	SH		SOLE		9,683	0	0
INTL BUSINESS MCHN	Common Stock	459200101	363,022	2,099	SH		SOLE		2,099	0	0
INTUIT	Common Stock	461202103	422,586	643	SH		SOLE		643	0	0
INVESCO DB COMMODITY INDEX TRAC	ETF	46138B103	1,393,196	59,974	SH		SOLE		59,974	0	0
INVESCO DB MULTI-SEC AGRICULTURE FD	ETF	46140H106	261,800	11,000	SH		SOLE		11,000	0	0
INVITATION HOMES	REIT	46187W107	17,945,718	500,020	SH		OTR	1	186,610	105,660	207,750
IRON MOUNTAIN INC	REIT	46284V101	116,356,335	1,298,330	SH		OTR	1	372,600	303,565	622,165
ISHARES TRUST CORE S&P TOTAL US STK MKT	ETF	464287150	89,989,510	757,615	SH		SOLE		757,615	0	0
JOHNSON & JOHNSON	Common Stock	478160104	808,119	5,529	SH		SOLE		5,529	0	0
JPMORGAN CHASE & CO	Common Stock	46625H100	1,341,995	6,635	SH		SOLE		6,635	0	0
KEYERA CORP	Master Ltd Part	493271100	28,557,377	1,031,314	SH		SOLE		1,031,314	0	0
KIMCO REALTY CORP	Common Stock	49446R109	86,178,688	4,428,504	SH		OTR	1	1,148,917	1,015,490	2,264,097
KINDER MORGAN INC	Master Ltd Part	49456B101	33,743,194	1,698,198	SH		SOLE		1,698,198	0	0
KINETIK HOLDINGS INC CLASS A COMMON STOCK	Master Ltd Part	02215L209	517,751	12,494	SH		SOLE		12,494	0	0
KODIAK GAS SERVICES	Master Ltd Part	50012A108	654,240	24,000	SH		SOLE		24,000	0	0
LAMAR ADVERTISING CL A	REIT	512816109	2,945,219	24,640	SH		OTR		0	0	24,640
LILLY ELI & CO	Common Stock	532457108	1,657,751	1,831	SH		SOLE		1,831	0	0
LOCKHEED MARTIN CORP	Common Stock	539830109	230,280	493	SH		SOLE		493	0	0
LOWES CO	Common Stock	548661107	291,228	1,321	SH		SOLE		1,321	0	0
MARATHON PETROLEUM	Master Ltd Part	56585A102	13,441,230	77,480	SH		SOLE		77,480	0	0
MASTERCARD INC CLASS A	Common Stock	57636Q104	835,998	1,895	SH		SOLE		1,895	0	0
MCDONALDS CORP	Common Stock	580135101	422,525	1,658	SH		SOLE		1,658	0	0
MEDTRONIC PLC ORDINARY SHS $0.0001	Common Stock	G5960L103	239,042	3,037	SH		SOLE		3,037	0	0
MERCK & CO INC	Common Stock	58933Y105	720,021	5,816	SH		SOLE		5,816	0	0
META PLATFORMS INC COM USD0.000006 CL A	Common Stock	30303M102	2,544,798	5,047	SH		SOLE		5,047	0	0
MICROSOFT CORP	Common Stock	594918104	7,620,051	17,049	SH		SOLE		17,049	0	0
MID-AMER APT CMNTYS REIT	REIT	59522J103	54,310,166	380,830	SH		OTR	1	98,605	88,025	194,200
MIDDLESEX WATER CO	Common Stock	596680108	2,015,668	38,570	SH		SOLE		38,570	0	0
MONDELEZ INTL INC	Common Stock	609207105	202,668	3,097	SH		SOLE		3,097	0	0
MORGAN STANLEY	Common Stock	617446448	280,393	2,885	SH		SOLE		2,885	0	0
MP MATERIALS CORP CLASS A COMMON STOCK	Common Stock	553368101	322,362	25,323	SH		SOLE		25,323	0	0
MPLX LP	Master Ltd Part	55336V100	78,480,295	1,842,693	SH		SOLE		1,842,693	0	0
MUELLER WTR PRODS	Common Stock	624758108	5,838,336	325,800	SH		SOLE		325,800	0	0
NETFLIX INC	Common Stock	64110L106	670,156	993	SH		SOLE		993	0	0
NEW FORTRESS ENERG CL A COMMON	Master Ltd Part	644393100	7,251,004	329,891	SH		SOLE		329,891	0	0
NEW JERSEY RES CORP	Common Stock	646025106	37,422,717	875,590	SH		SOLE		875,590	0	0
NEXTERA ENERGY INC	Master Ltd Part	65339F101	166,865,889	2,356,530	SH		OTR	1	1,707,232	500,608	148,690
NEXTRACKER INC COM USD0.0001 CL A	Common Stock	65290E101	621,441	13,256	SH		SOLE		13,256	0	0
NIKE INC CLASS B	Common Stock	654106103	211,262	2,803	SH		SOLE		2,803	0	0
NISOURCE INC	Common Stock	65473P105	116,176,411	4,032,503	SH		OTR	1	3,373,315	505,117	154,071
NORFOLK SOUTHERN	Common Stock	655844108	25,712,777	119,767	SH		OTR	1	25,900	71,958	21,909
NORTHWEST NATURAL HL	Common Stock	66765N105	28,146,662	779,470	SH		SOLE		779,470	0	0
NVENT ELECTRIC PLC ORDINARY SHARES	Common Stock	G6700G107	243,696	3,181	SH		SOLE		3,181	0	0
NVIDIA CORP	Common Stock	67066G104	7,001,012	56,670	SH		SOLE		56,670	0	0
OGE ENERGY CORP	Common Stock	670837103	71,589,210	2,005,300	SH		SOLE		2,005,300	0	0
ONE GAS INC	Common Stock	68235P108	36,777,600	576,000	SH		SOLE		576,000	0	0
ONEOK INC	Master Ltd Part	682680103	85,814,739	1,052,296	SH		OTR	1	835,081	166,703	50,512
ORACLE CORP	Common Stock	68389X105	515,239	3,649	SH		SOLE		3,649	0	0
PEMBINA PIPELINE	Master Ltd Part	706327103	68,091,410	1,835,575	SH		OTR	1	1,495,571	261,530	78,474
PENTAIR PLC	Common Stock	G7S00T104	27,426,316	357,719	SH		SOLE		357,719	0	0
PEPSICO INC	Common Stock	713448108	519,859	3,152	SH		SOLE		3,152	0	0
PFIZER INC	Common Stock	717081103	361,558	12,922	SH		SOLE		12,922	0	0
PG&E CORP	Common Stock	69331C108	36,782,982	2,106,700	SH		SOLE		2,106,700	0	0
PHILIP MORRIS INTL	Common Stock	718172109	358,911	3,542	SH		SOLE		3,542	0	0
PHILLIPS EDISON & CO COM USD0.01	REIT	71844V201	32,120,239	981,970	SH		OTR	1	261,620	222,285	498,065
PINNACLE WEST CAP	Common Stock	723484101	47,732,153	624,930	SH		SOLE		624,930	0	0
PLAINS ALL AMERN PIP UNIT	Master Ltd Part	726503105	45,541,214	2,549,900	SH		SOLE		2,549,900	0	0
PLAINS GP HLDINGS LP CL A SHS LPI	Master Ltd Part	72651A207	1,695,738	90,103	SH		SOLE		90,103	0	0
PLUG POWER INC	Common Stock	72919P202	132,927	57,050	SH		SOLE		57,050	0	0
PPL CORP COM	Common Stock	69351T106	51,017,457	1,845,116	SH		SOLE		1,845,116	0	0
PROCTER AND GAMBLE COM	Common Stock	742718109	892,712	5,413	SH		SOLE		5,413	0	0
PROLOGIS INC	Common Stock	74340W103	321,684,816	2,864,258	SH		OTR	1	778,970	656,385	1,428,903
PUBLIC STORAGE REIT COMMON	REIT	74460D109	170,104,704	591,360	SH		OTR	1	156,775	119,925	314,660
PUBLIC SVC ENTERPR	Common Stock	744573106	106,391,846	1,443,580	SH		OTR	1	1,317,099	98,467	28,014
QUALCOMM INC	Common Stock	747525103	507,311	2,547	SH		SOLE		2,547	0	0
RAYONIER INC	REIT	754907103	1,832,961	63,010	SH		OTR		0	0	63,010
REALTY INCOME CORP	Common Stock	756109104	53,342,126	1,009,885	SH		OTR	1	355,965	259,389	394,531
REGENCY CENTERS CORP REIT	Common Stock	758849103	35,134,354	564,861	SH		OTR	1	165,970	133,650	265,241
REXFORD INDUSTRIAL COM USD0.01	Common Stock	76169C100	93,311,843	2,092,663	SH		OTR	1	585,058	486,950	1,020,655
RTX CORPORATION COM USD1	Common Stock	75513E101	305,587	3,044	SH		SOLE		3,044	0	0
RYMAN HOSPITALITY	Common Stock	78377T107	55,157,272	552,346	SH		OTR	1	131,895	125,322	295,129
SABRA HEALTHCARE	Common Stock	78573L106	31,222,114	2,027,410	SH		OTR	1	923,995	653,905	449,510
SALESFORCE INC	Common Stock	79466L302	571,533	2,223	SH		SOLE		2,223	0	0
SBA COMMUNICATIONS COM USD0.01 CL A	REIT	78410G104	8,831,537	44,990	SH		OTR		0	0	44,990
SCHWAB CHARLES CORP COM	Common Stock	808513105	251,651	3,415	SH		SOLE		3,415	0	0
SCHWAB STRATEGIC T US TIPS ETF	ETF	808524870	343,266	6,600	SH		SOLE		6,600	0	0
SEMPRA	Master Ltd Part	816851109	149,763,433	1,969,017	SH		OTR	1	1,582,712	297,473	88,832
SIMON PPTY INC	Common Stock	828806109	162,163,082	1,068,268	SH		OTR	1	307,825	228,903	531,540
SOUTHERN CO	Common Stock	842587107	143,859,771	1,854,580	SH		OTR	1	1,503,994	266,948	83,638
SPDR INDEX SHARES S&P GL NAT RES ETF	ETF	78463X541	1,845,843	33,050	SH		SOLE		33,050	0	0
SPDR SERIES TRUST PORTFOLIO INTERMEDIA	ETF	78464A375	11,666,736	358,315	SH		SOLE		358,315	0	0
SPIRE INC COM USD1	Common Stock	84857L101	47,147,128	776,340	SH		SOLE		776,340	0	0
STANTEC INC	Common Stock	85472N109	21,224,313	253,578	SH		SOLE		253,578	0	0
STARBUCKS CORP	Common Stock	855244109	203,344	2,612	SH		SOLE		2,612	0	0
SUN COMMUNITIES	REIT	866674104	79,781,449	662,967	SH		OTR	1	163,794	136,902	362,271
SUNOCO LP/SUNOCO FIN COM UT REP LP	Master Ltd Part	86765K109	1,070,585	18,935	SH		SOLE		18,935	0	0
SUNRUN INC COM USD0.0001	Master Ltd Part	86771W105	598,290	50,446	SH		SOLE		50,446	0	0
TARGA RESOURCES IN	Master Ltd Part	87612G101	105,409,521	818,524	SH		OTR	1	677,615	107,082	33,827
TE CONNECTIVITY	Common Stock	H84989104	562,759	3,741	SH		SOLE		3,741	0	0
TELUS CORP	Common Stock	87971M103	35,559,722	2,349,500	SH		SOLE		2,349,500	0	0
TERRENO RLTY CORP	Common Stock	88146M101	949,839	16,050	SH		SOLE		16,050	0	0
TESLA INC COM	Common Stock	88160R101	1,256,934	6,352	SH		SOLE		6,352	0	0
TETRA TECH INC	Common Stock	88162G103	30,002,941	146,728	SH		SOLE		146,728	0	0
TEXAS INSTRUMENTS	Common Stock	882508104	404,233	2,078	SH		SOLE		2,078	0	0
THERMO FISHER SCI	Common Stock	883556102	16,666,314	30,138	SH		SOLE		30,138	0	0
T-MOBILE US INC	Common Stock	872590104	209,302	1,188	SH		SOLE		1,188	0	0
TRANSCANADA PIPELINE COM	Master Ltd Part	87807B107	39,169,650	1,033,500	SH		SOLE		1,033,500	0	0
UNION PAC CORP	Common Stock	907818108	26,361,326	116,509	SH		OTR	1	34,995	62,954	18,560
UNITED PARCEL SERVIC CLASS B	Common Stock	911312106	226,487	1,655	SH		SOLE		1,655	0	0
UNITEDHEALTH GRP INC	Common Stock	91324P102	1,081,668	2,124	SH		SOLE		2,124	0	0
VALERO ENERGY CORP	Master Ltd Part	91913Y100	9,022,792	57,558	SH		SOLE		57,558	0	0
VALMONT INDS INC	Common Stock	920253101	9,157,299	33,366	SH		SOLE		33,366	0	0
VANECK ETF TRUST GOLD MINERS ETF	ETF	92189F106	665,028	19,600	SH		SOLE		19,600	0	0
VANGUARD INDEX TR TOTAL STOCK MARKET	ETF	922908769	41,787,737	156,210	SH		SOLE		156,210	0	0
VENTAS INC	Common Stock	92276F100	157,087,552	3,064,525	SH		OTR	1	793,760	659,075	1,611,690
VERALTO CORPORATION	Common Stock	92338C103	19,649,540	205,819	SH		SOLE		205,819	0	0
VERIZON COMMUNICATIO	Common Stock	92343V104	55,637,296	1,349,110	SH		SOLE		1,349,110	0	0
VICI PPTYS INC COM	REIT	925652109	24,842,451	867,404	SH		OTR	1	356,331	220,687	290,386
VISA INC CLASS A	Common Stock	92826C839	952,241	3,628	SH		SOLE		3,628	0	0
VODAFONE GRP PLC ADR	ADR	92857W308	6,938,114	782,200	SH		SOLE		782,200	0	0
VORNADO RLTY TR SH BEN INT REIT	REIT	929042109	51,875,165	1,973,190	SH		OTR	1	482,380	439,340	1,051,470
WALMART INC	Common Stock	931142103	664,709	9,817	SH		SOLE		9,817	0	0
WALT DISNEY CO COM	Common Stock	254687106	416,720	4,197	SH		SOLE		4,197	0	0
WASTE MANAGEMENT INC	Common Stock	94106L109	11,646,231	54,590	SH		SOLE		54,590	0	0
WATTS WATER TECH CLASS A	Common Stock	942749102	6,649,363	36,262	SH		SOLE		36,262	0	0
WEC ENERGY GROUP INC	Common Stock	92939U106	95,971,095	1,223,185	SH		SOLE		1,223,185	0	0
WELLTOWER OP INC	Common Stock	95040Q104	254,977,465	2,445,827	SH		OTR	1	572,322	459,100	1,414,405
WESTERN MIDSTREAM PA COM UNITS REP LTD PT	Master Ltd Part	958669103	397,300	10,000	SH		SOLE		10,000	0	0
WEYERHAEUSER CO	Common Stock	962166104	7,979,861	281,080	SH		OTR		0	0	281,080
WILLIAMS COS INC	Master Ltd Part	969457100	90,423,383	2,127,609	SH		OTR	1	1,720,848	313,795	92,966
XCEL ENERGY INC	Common Stock	98389B100	105,562,248	1,976,451	SH		SOLE		1,976,451	0	0
XYLEM INC	Common Stock	98419M100	61,390,614	452,633	SH		SOLE		452,633	0	0
ZURN ELKAY WATER SOL	Common Stock	98983L108	12,468,540	424,100	SH		SOLE		424,100	0	0