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
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
8POINT3 Energy Partners LP COM 282539105 6,190 583,383 SH   SOLE 1,2 567,009 0 16,374
AbbVie Inc. COM 00287Y109 207 3,800 SH   SOLE 1 0 0 3,800
Accenture PLC COM G1151C101 295 3,000 SH   SOLE 1 0 0 3,000
Ace Limited COM H0023R105 19,046 184,200 SH   SOLE 1 119,800 0 64,400
Aetna Inc. COM 00817Y108 21,040 192,300 SH   SOLE 1 79,200 0 113,100
AGIC Convertible & Income FD II COM 018825109 3,534 669,266 SH   SOLE 1 661,273 0 7,993
AGIC Convertible & Income Fund COM 018828103 7,227 1,239,582 SH   SOLE 1 1,212,392 0 27,190
Agrium Inc COM 008916108 1,172 13,100 SH   SOLE 1 13,100 0 0
ALCOA Inc. COM 013817101 883 91,404 SH   SOLE 1 91,404 0 0
Alibaba Group Holding Ltd ADR 01609W102 826 14,000 SH   SOLE 1 14,000 0 0
Allegion plc COM G0176J109 2,787 48,341 SH   SOLE 1 48,341 0 0
Allergan PLC COM G0177J108 24,983 91,914 SH   SOLE 1 44,514 0 47,400
AllianceBernstein Global High Income Fund COM 01879R106 2,007 181,308 SH   SOLE 1 163,837 0 17,471
AllianceBernstein Income Fund COM 01881E101 1,190 151,390 SH   SOLE 1 139,920 0 11,470
Alliant Energy Corporation COM 018802108 75,620 1,292,876 SH   SOLE 1,2 1,164,994 0 127,882
Alpine Global Premier Properties Fund COM 02083A103 2,607 467,192 SH   SOLE 1 467,192 0 0
American Assets Trust Inc. COM 024013104 126,063 3,085,234 SH   SOLE 1,2 2,836,896 0 248,338
American Homes 4 Rent-CL COM 02665T306 235,145 14,623,457 SH   SOLE 1,2 8,495,430 0 6,128,027
American International Group Inc. COM 026874784 17,141 301,676 SH   SOLE 1 155,676 0 146,000
American Tower Corporation COM 03027X100 120,764 1,372,625 SH   SOLE 1,2 1,263,725 0 108,900
American Water Works Company Inc. COM 030420103 34,141 619,841 SH   SOLE 1,2 598,833 0 21,008
Amerigas Partners LP COM 030975106 6,127 147,532 SH   SOLE 1 147,532 0 0
Ameriprise Financial Inc. COM 03076C106 18,017 165,100 SH   SOLE 1 77,700 0 87,400
Amgen Inc. COM 031162100 9,212 66,600 SH   SOLE 1 10,700 0 55,900
Anadarko Petroleum Corporation COM 032511107 13,978 231,463 SH   SOLE 1 123,263 0 108,200
Analog Devices Inc. COM 032654105 90 1,600 SH   SOLE 1 0 0 1,600
Anheuser Busch InBev NV ADR ADR 03524A108 2,552 24,000 SH   SOLE 1 24,000 0 0
Antero Midstream Partners LP COM 03673L103 433 24,268 SH   SOLE 1 24,268 0 0
Apartment Investment & Management Co. COM 03748R101 831,759 22,467,820 SH   SOLE 1,2 14,455,954 0 8,011,866
Apartment Invt & Mgmt Co 6.875 % Pfd A PFD 03748R762 14,894 560,981 SH   SOLE 1 467,456 0 93,525
APPLE Inc. COM 037833100 40,932 371,100 SH   SOLE 1 114,300 0 256,800
Arc Logistics Partners LP COM 03879N101 2,025 150,693 SH   SOLE 1 150,693 0 0
Archer-Daniels-Midland Company COM 039483102 2,854 68,857 SH   SOLE 1 68,857 0 0
Ares Dynamic Credit Allocation COM 04014F102 2,770 198,272 SH   SOLE 1 198,272 0 0
Ashford Hospitality Trust Pfd. E PFD 044103505 12,254 476,641 SH   SOLE 1 425,000 0 51,641
Assurant Inc. COM 04621X108 6,250 79,100 SH   SOLE 1 35,800 0 43,300
AT&T Inc. COM 00206R102 11,436 351,000 SH   SOLE 1 342,100 0 8,900
Atmos Energy Corp. COM 049560105 64,145 1,102,523 SH   SOLE 1,2 1,095,409 0 7,114
Avago Technologies Limited COM Y0486S104 21,687 173,479 SH   SOLE 1 75,379 0 98,100
AvalonBay Communities Inc. COM 053484101 1,779 10,178 SH   SOLE 1 10,178 0 0
Bank of America Corporation COM 060505104 15,586 1,000,400 SH   SOLE 1 495,700 0 504,700
Barclays Bank PLC 6.625% (BCS) PFD 06739F390 260 10,200 SH   SOLE 1 10,200 0 0
Barclays Bank PLC Pfd. A PFD 06739H776 20,692 808,279 SH   SOLE 1 804,060 0 1,368
Barclays Bank PLC Pfd. C PFD 06739H511 30,534 1,182,103 SH   SOLE 1 1,164,826 0 3,100
Barclays Bank PLC Pfd. D PFD 06739H362 20,667 798,909 SH   SOLE 1 784,875 0 1,300
Barrick Gold Corp. COM 067901108 743 116,756 SH   SOLE 1 116,756 0 0
Belmond Ltd COM G1154H107 92,371 9,136,585 SH   SOLE 1,2 7,697,611 0 1,438,974
Biogen Inc COM 09062X103 7,266 24,900 SH   SOLE 1 3,200 0 21,700
BioMed Realty Trust Inc. COM 09063H107 620,352 31,048,650 SH   SOLE 1,2 18,100,356 0 12,948,294
Blackrock Build America Bond COM 09248X100 841 41,697 SH   SOLE 1 36,987 0 4,710
Blackrock Corporate High Yield Fund 6 COM 09255P107 161 16,358 SH   SOLE 1 0 0 16,358
Blackrock Debt Strategies Fund COM 09255R103 278 83,300 SH   SOLE 1 83,300 0 0
Blackrock Enh Cap And Inc COM 09256A109 2,242 170,740 SH   SOLE 1 170,740 0 0
Blackrock Glbl Flt Rt Inc Tr COM 091941104 658 52,874 SH   SOLE 1 52,874 0 0
Blackrock Inc. COM 09247X101 13,462 45,256 SH   SOLE 1 24,137 0 21,119
Blackrock Limited Duration Income Trust COM 09249W101 1,417 98,164 SH   SOLE 1 90,093 0 8,071
BlackRock Long-Tm Muni Adv Tst COM 09250B103 1,910 173,435 SH   SOLE 1 173,435 0 0
BlackRock Muni Income Inv Qual COM 09250G102 386 27,579 SH   SOLE 1 27,579 0 0
BlackRock Municipal Bond Trust COM 09249H104 873 56,169 SH   SOLE 1 56,169 0 0
Blackrock Municipal Income Trust COM 09248F109 284 20,263 SH   SOLE 1 20,263 0 0
Blackrock Munienhanced Fund COM 09253Y100 2,951 260,670 SH   SOLE 1 260,670 0 0
Blackrock Muniholdings In Ii COM 09254C107 1,852 139,985 SH   SOLE 1 139,985 0 0
Blackrock Muniholdings Insur COM 09254P108 4,303 304,541 SH   SOLE 1 304,541 0 0
Blackrock Muniholdings Quality COM 09254A101 1,619 125,385 SH   SOLE 1 125,385 0 0
Blackrock Muniyield Insured COM 09254E103 2,955 211,520 SH   SOLE 1 211,520 0 0
BlackRock MuniYield Inv Qual COM 09254T100 1,404 104,010 SH   SOLE 1 104,010 0 0
BlackRock MuniYield Invest Fd COM 09254R104 504 33,638 SH   SOLE 1 33,638 0 0
Blackrock Muniyield Qual Ii COM 09254G108 1,744 136,886 SH   SOLE 1 136,886 0 0
Blackrock Muniyield Quality COM 09254F100 1,192 77,882 SH   SOLE 1 77,882 0 0
Blueknight Energy Partners COM 09625U109 2,696 477,100 SH   SOLE 1 477,100 0 0
Boardwalk Pipeline Partners LP COM 096627104 431 36,649 SH   SOLE 1 36,649 0 0
Boston Properties Inc. COM 101121101 26,150 220,859 SH   SOLE 1 220,859 0 0
BP PLC-Sponsored ADR ADR 055622104 2,918 95,472 SH   SOLE 1 95,472 0 0
Brandywine Realty Trust COM 105368203 74,880 6,077,891 SH   SOLE 1 0 0 6,077,891
BRF - Brasil Foods SA ADR ADR 10552T107 2,215 124,522 SH   SOLE 1 124,522 0 0
Brixmor Property Group COM 11120U105 38,015 1,619,034 SH   SOLE 1 1,619,034 0 0
Buckeye Partners LP COM 118230101 29,494 497,629 SH   SOLE 1 497,629 0 0
Bunge Limited COM G16962105 3,031 41,350 SH   SOLE 1 41,350 0 0
Cadence Design Systems Inc. COM 127387108 14,251 689,100 SH   SOLE 1 276,400 0 412,700
Calamos Convertible & High Income Fund COM 12811P108 1,072 98,602 SH   SOLE 1 85,239 0 13,363
Canadian Pacific Railway Ltd COM 13645T100 29,444 206,098 SH   SOLE 1,2 201,039 0 5,059
Cardinal Health Inc. COM 14149Y108 8,128 105,800 SH   SOLE 1 0 0 105,800
Care Capital Properties Inc COM 141624106 12,100 367,442 SH   SOLE 1 246,324 0 121,118
Caretrust REIT Inc COM 14174T107 17,417 1,534,505 SH   SOLE 1 1,326,089 0 208,416
CBRE Clarion Global Real Estate Income Fund COM 12504G100 3,135 424,743 SH   SOLE 1 424,743 0 0
CenterPoint Energy Inc. COM 15189T107 1,801 99,822 SH   SOLE 1 99,822 0 0
CF Industries Holdings Inc. COM 125269100 1,621 36,110 SH   SOLE 1 34,610 0 1,500
Cheniere Energy Inc. COM 16411R208 2,396 49,610 SH   SOLE 1 29,565 0 20,045
Cheniere Energy Partners LP COM 16411Q101 17,180 652,252 SH   SOLE 1 652,252 0 0
Cheniere Energy Partners LP LLC COM 16411W108 635 33,420 SH   SOLE 1 33,420 0 0
Chevron Corporation COM 166764100 593 7,520 SH   SOLE 1 6,320 0 1,200
Cigna Corporation COM 125509109 23,202 171,840 SH   SOLE 1 80,240 0 91,600
Clearbridge Energy MLP Opport COM 18469P100 1,475 102,298 SH   SOLE 1 102,298 0 0
Clough Global Opportunities Fund COM 18914E106 4,973 464,734 SH   SOLE 1 455,977 0 8,757
CMS Energy Corporation COM 125896100 93,218 2,639,241 SH   SOLE 1,2 2,610,061 0 29,180
Colony Capital 7.125% (CLNY C) PFD 19624R403 15,008 686,553 SH   SOLE 1 596,202 0 90,351
Consumer Discretionary Selt COM 81369Y407 7,750 104,368 SH   SOLE 1 104,368 0 0
Corenergy Infrastructure Trust Inc. COM 21870U205 11,465 2,593,989 SH   SOLE 1 2,593,989 0 0
Corporate Office Properties COM 22002T108 50,814 2,416,267 SH   SOLE 1 0 0 2,416,267
Costco Wholesale Corporation COM 22160K105 8,385 58,000 SH   SOLE 1 0 0 58,000
Crestwood Midstream Partners LP COM 226378107 2,708 438,249 SH   SOLE 1 438,249 0 0
Crown Castle International Corp. COM 22822V101 166,916 2,116,349 SH   SOLE 1,2 2,097,993 0 18,356
CSX Corporation COM 126408103 6,305 234,385 SH   SOLE 1 124,254 0 110,131
CubeSmart COM 229663109 652,384 23,975,904 SH   SOLE 1,2 15,053,999 0 8,921,905
CVS Health Corporation COM 126650100 24,175 250,574 SH   SOLE 1 93,599 0 156,975
CyrusOne Inc COM 23283R100 122,026 3,736,253 SH   SOLE 1,2 2,792,897 0 943,356
D.R. Horton Inc. COM 23331A109 9,883 336,600 SH   SOLE 1 118,100 0 218,500
DCT Industrial Trust Inc. COM 233153204 154,941 4,603,129 SH   SOLE 1 555,946 0 4,047,183
DDR Corp. COM 23317H102 969,704 63,049,669 SH   SOLE 1,2 36,267,236 0 26,782,433
Deere & Company COM 244199105 1,043 14,100 SH   SOLE 1 14,100 0 0
Deutsche Bank AG COM D18190898 1,607 59,800 SH   SOLE 1 59,800 0 0
Devon Energy Corporation COM 25179M103 41 1,100 SH   SOLE 1 0 0 1,100
Diamondrock Hospitality Co. COM 252784301 241,240 21,831,709 SH   SOLE 1,2 10,145,800 0 11,685,909
Digital Realty 6.35% Pr. I PFD 253868863 29,253 1,182,439 SH   SOLE 1 939,200 0 240,000
Digital Realty Trust Inc. COM 253868103 222,240 3,402,328 SH   SOLE 1 0 0 3,402,328
Discover Financial Services COM 254709108 13,549 260,600 SH   SOLE 1 131,700 0 128,900
Dominion Midstream Partners COM 257454108 16,697 621,860 SH   SOLE 1,2 596,828 0 25,032
Dominion Resources Inc. COM 25746U109 109,746 1,559,328 SH   SOLE 1,2 1,504,279 0 55,049
Doubleline Income Solutions COM 258622109 1,538 88,972 SH   SOLE 1 77,683 0 11,289
Douglas Emmett Inc. COM 25960P109 366,913 12,775,513 SH   SOLE 1,2 8,922,670 0 3,852,843
Dte Energy Company COM 233331107 72,268 899,189 SH   SOLE 1,2 885,095 0 14,094
Duke Energy Corporation COM 26441C204 54,825 762,088 SH   SOLE 1,2 735,846 0 26,242
Dynagas LNG Partners LP COM Y2188B108 2,331 175,285 SH   SOLE 1 175,285 0 0
East West Bancorp Inc. COM 27579R104 7,669 199,600 SH   SOLE 1 113,300 0 86,300
Eastman Chemical Company COM 277432100 6,906 106,700 SH   SOLE 1 37,000 0 69,700
Eaton Vance Enh Eqt Inc Ii COM 278277108 959 75,879 SH   SOLE 1 75,879 0 0
Eaton Vance Floating Rate Income Trust COM 278279104 1,164 87,891 SH   SOLE 1 87,891 0 0
Eaton Vance Insured Muni Bnd COM 27827X101 3,087 246,766 SH   SOLE 1 246,766 0 0
Eaton Vance Limited Duration Fund COM 27828H105 1,200 94,670 SH   SOLE 1 82,434 0 12,236
EATON VANCE MUNICIPAL INCOME COM 27829U105 1,079 62,314 SH   SOLE 1 62,314 0 0
Eaton Vance Natl Muni Opport COM 27829L105 1,089 52,563 SH   SOLE 1 52,563 0 0
Eaton Vance Senior Income Trust COM 27826S103 1,791 305,192 SH   SOLE 1 305,192 0 0
Eaton Vance Sr Fltg Rate Trust COM 27828Q105 1,813 137,485 SH   SOLE 1 133,519 0 3,966
Eaton Vance T/A Global Dividend Income COM 27828S101 5,908 399,205 SH   SOLE 1 399,205 0 0
Eaton Vance T/M Buy-Write Opportunity COM 27828Y108 14,175 998,267 SH   SOLE 1 998,267 0 0
Eaton Vance Tax Adv Global Dividend O COM 27828U106 3,087 148,122 SH   SOLE 1 148,122 0 0
Eaton Vance Tax Man Global Br COM 27829C105 6,075 568,271 SH   SOLE 1 568,271 0 0
Eaton Vance Tax-Adv Dvd. Inc. Fund COM 27828G107 21,374 1,162,913 SH   SOLE 1 1,142,677 0 20,236
Eaton Vance Tax-Managed Dividend COM 27828N102 17,007 1,654,381 SH   SOLE 1 1,623,688 0 30,693
Eaton Vance Tax-Managed Global COM 27829F108 13,036 1,570,661 SH   SOLE 1 1,570,661 0 0
Ecolab Inc. COM 278865100 7,790 71,000 SH   SOLE 1 26,500 0 44,500
Edison International COM 281020107 87,468 1,386,837 SH   SOLE 1,2 1,354,147 0 32,690
Education Realty Trust Inc. COM 28140H203 215,600 6,543,241 SH   SOLE 1,2 3,159,668 0 3,383,573
Empire State Realty Trust COM 292104106 124,495 7,310,356 SH   SOLE 1,2 6,339,298 0 971,058
Enbridge Energy Mgmt LLC COM 29250X103 27,086 1,139,023 SH   SOLE 1 1,139,023 0 0
Enbridge Inc. COM 29250N105 59,666 1,614,414 SH   SOLE 1,2 1,551,205 0 63,209
Energy Transfer Equity Lp COM 29273V100 64,528 3,100,808 SH   SOLE 1,2 3,045,636 0 55,172
Energy Transfer Partners LP COM 29273R109 30,160 734,346 SH   SOLE 1 734,346 0 0
EnLink Midstream Partners LP COM 29336U107 6,152 390,374 SH   SOLE 1 390,374 0 0
Enterprise Products Partners COM 293792107 61,975 2,488,962 SH   SOLE 1 2,488,962 0 0
Entertainment Properties Trust Pfd. E PFD 26884U307 12,685 414,404 SH   SOLE 1 251,000 0 163,404
EOG Resources Inc. COM 26875P101 3,130 43,000 SH   SOLE 1 43,000 0 0
EQT Corporation COM 26884L109 491 7,576 SH   SOLE 1 7,576 0 0
EQT GP Holdings LP COM 26885J103 7,287 320,441 SH   SOLE 1 320,441 0 0
EQT Midstream Partners LP COM 26885B100 20,523 309,405 SH   SOLE 1 309,405 0 0
Equifax Inc. COM 294429105 26,899 276,800 SH   SOLE 1 113,100 0 163,700
Equinix Inc. COM 29444U700 823,084 3,010,547 SH   SOLE 1,2 1,625,802 0 1,384,745
Equity Commonwealth COM 294628102 187 6,852 SH   SOLE 1 0 0 6,852
Equity Commonwealth Pfd. D PFD 294628201 14,224 585,355 SH   SOLE 1 422,529 0 162,826
Equity Commonwealth Pr. E PFD 294628409 5,021 197,075 SH   SOLE 1 25,925 0 171,150
Equity Residential COM 29476L107 1,912,095 25,453,869 SH   SOLE 1,2 12,040,568 0 13,413,301
Essex Property Trust Inc. COM 297178105 358,480 1,604,513 SH   SOLE 1,2 405,428 0 1,199,085
Eversource Energy COM 30040W108 34,041 672,484 SH   SOLE 1,2 637,580 0 34,904
Exelon Corporation COM 30161N101 27,555 927,762 SH   SOLE 1,2 847,013 0 80,749
Extended Stay America Inc. COM 30224P200 73,243 4,364,920 SH   SOLE 1,2 3,878,621 0 486,299
Extra Space Storage Inc. COM 30225T102 605,225 7,843,763 SH   SOLE 1,2 2,355,024 0 5,488,739
Exxon Mobil Corporation COM 30231G102 43,817 589,330 SH   SOLE 1 329,996 0 259,334
Federal Realty Investment Trust COM 313747206 90,013 659,681 SH   SOLE 1 0 0 659,681
Financial Select Sector SPDR COM 81369Y605 3,091 136,394 SH   SOLE 1 136,394 0 0
First Industrial Realty Trust COM 32054K103 2,425 115,763 SH   SOLE 1 115,763 0 0
First Trust Aberdeen Global Fund COM 337319107 1,295 133,742 SH   SOLE 1 118,600 0 15,142
First Trust Energy Income and Growth Fund COM 33738G104 11,361 447,448 SH   SOLE 1 447,448 0 0
First Trust New Opportunites MLP COM 33739M100 1,190 95,846 SH   SOLE 1 95,846 0 0
First Trust/Four Crns Sr F 2 COM 33733U108 1,224 97,277 SH   SOLE 1 97,277 0 0
Flah & Crum/Claymore Preferred S I COM 338478100 2,316 123,518 SH   SOLE 1 113,859 0 9,659
Flah & Crum/Claymore Total Return Fund COM 338479108 3,250 174,531 SH   SOLE 1 166,272 0 8,259
Flaherty & Crumrine Dynamic COM 33848W106 3,537 158,023 SH   SOLE 1 140,316 0 17,707
Ford Motor Company COM 345370860 10,754 792,500 SH   SOLE 1 297,100 0 495,400
Forest City Enterprises Cl A COM 345550107 1,577 78,359 SH   SOLE 1 78,359 0 0
Franklin Limited Duration Income Trust COM 35472T101 1,235 113,265 SH   SOLE 1 103,900 0 9,365
Gabelli Dividend & Income Trust COM 36242H104 17,297 984,998 SH   SOLE 1 967,949 0 17,049
Gabelli Equity Trust COM 362397101 8,654 1,657,864 SH   SOLE 1 1,630,406 0 27,458
GasLog Ltd. COM G37585109 474 49,283 SH   SOLE 1 49,283 0 0
General Dynamics Corporation COM 369550108 10,263 74,400 SH   SOLE 1 73,500 0 900
General Electric Company COM 369604103 108 4,300 SH   SOLE 1 0 0 4,300
General Growth Properties Inc. COM 370023103 169,604 6,530,773 SH   SOLE 1,2 2,397,689 0 4,133,084
Genesis Energy LP COM 371927104 20,491 534,447 SH   SOLE 1,2 534,447 0 0
Gilead Sciences Inc. COM 375558103 14,562 148,300 SH   SOLE 1 54,300 0 94,000
Golar LNG Ltd COM G9456A100 538 19,295 SH   SOLE 1 19,295 0 0
Golar LNG Partners LP COM Y2745C102 11,525 785,618 SH   SOLE 1 785,618 0 0
Goldcorp Inc COM 380956409 1,045 83,445 SH   SOLE 1 83,445 0 0
Google Inc. COM 38259P508 11,682 18,300 SH   SOLE 1 4,600 0 13,700
Gramercy Property Trust Inc COM 38489R605 55,148 2,655,189 SH   SOLE 1,2 2,211,181 0 444,008
Grupo Aeroportuario PAC - ADR ADR 400506101 46,787 538,776 SH   SOLE 1,2 501,482 0 37,294
Guggenheim Build America COM 401664107 346 16,141 SH   SOLE 1 11,654 0 4,487
Halliburton Company COM 406216101 6,031 170,600 SH   SOLE 1 92,600 0 78,000
Hanesbrands Inc. COM 410345102 15,882 548,800 SH   SOLE 1 214,000 0 334,800
Harley-Davidson Inc. COM 412822108 60 1,100 SH   SOLE 1 0 0 1,100
HCP Inc. COM 40414L109 505,933 13,582,094 SH   SOLE 1,2 6,810,683 0 6,771,411
Healthcare Trust of America COM 42225P501 342,299 13,965,683 SH   SOLE 1,2 7,070,996 0 6,894,687
Hersha Hospitality Trust COM 427825500 1,065 47,003 SH   SOLE 1 47,003 0 0
Hess Corporation COM 42809H107 19,186 383,264 SH   SOLE 1 188,864 0 194,400
Hilton Worldwide Holdings Inc. COM 43300A104 1,981 86,372 SH   SOLE 1 86,372 0 0
Hoegh LNG Partners LP COM Y3262R100 5,032 309,652 SH   SOLE 1 309,652 0 0
Honeywell International Inc. COM 438516106 12,130 128,100 SH   SOLE 1 45,100 0 83,000
Host Hotels & Resorts Inc. COM 44107P104 897,089 56,741,881 SH   SOLE 1,2 32,807,038 0 23,934,843
HSBC 5 5/8 12/29/49 CORP BOND 404280AR0 578 600,000 SH   SOLE 1 600,000 0 0
HSBC Holdings PLC 6.20% Pfd. A PFD 404280604 109 4,317 SH   SOLE 1 4,317 0 0
Hudson Pacific Properties COM 444097109 1,491 51,801 SH   SOLE 1 51,801 0 0
Huntington Bancshares 8.5% PFD 446150401 23,880 17,888 SH   SOLE 1 17,888 0 0
Huntington Bancshares Incorporated COM 446150104 7,560 713,200 SH   SOLE 1 697,300 0 15,900
I Shares Gold Trust COM 464285105 5,384 499,400 SH   SOLE 1 499,400 0 0
ING Groep NV 6.5% CORP BOND 456837AF0 420 440,000 SH   SOLE 1 440,000 0 0
Inland Real Estate Pr.B PFD 457461507 13,626 535,520 SH   SOLE 1 191,159 0 344,361
Intel Corporation COM 458140100 3,391 112,511 SH   SOLE 1 0 0 112,511
Invesco Van kampen Municipal Opportunity trust COM 46132C107 2,809 223,298 SH   SOLE 1 223,298 0 0
John Hancock Preferred Income Fund COM 41013W108 1,112 57,505 SH   SOLE 1 47,815 0 9,690
John Hancock T/A Dividend Income Fund COM 41013V100 14,587 743,122 SH   SOLE 1 725,101 0 18,021
Johnson & Johnson COM 478160104 93 1,000 SH   SOLE 1 0 0 1,000
Joy Global Inc. COM 481165108 1,481 99,200 SH   SOLE 1 99,200 0 0
JP Energy Partners LP COM 46643C109 1,437 237,548 SH   SOLE 1 237,548 0 0
JPMorgan Chase & Co. COM 46625H100 25,619 420,194 SH   SOLE 1 226,794 0 193,400
Kansas City Southern COM 485170302 314 3,451 SH   SOLE 1 3,451 0 0
Kayne Anderson Energy Total Return COM 48660P104 4,079 311,853 SH   SOLE 1 311,853 0 0
Kayne Anderson MidstreamEnergy COM 48661E108 2,132 112,874 SH   SOLE 1 112,874 0 0
Kayne Anderson MLP Investment COM 486606106 9,366 404,063 SH   SOLE 1 404,063 0 0
Kilroy Realty Corp. COM 49427F108 540,288 8,291,709 SH   SOLE 1,2 4,332,539 0 3,959,170
Kimco Realty Corporation COM 49446R109 19,654 804,506 SH   SOLE 1 804,506 0 0
Kinder Morgan Inc. COM 49456B101 89,863 3,246,498 SH   SOLE 1,2 3,166,289 0 80,209
Knot Offshore Partners LP COM Y48125101 1,617 109,243 SH   SOLE 1 109,243 0 0
L-3 Communications Holdings Inc. COM 502424104 15,235 145,763 SH   SOLE 1 69,513 0 76,250
La Quinta Holdings Inc. COM 50420D108 95,537 6,054,336 SH   SOLE 1 5,522,971 0 531,365
Legg Mason BW Global Income COM 52469B100 2,470 212,733 SH   SOLE 1 188,947 0 23,786
Lexington Realty Trust Pfd. C PFD 529043309 7,808 164,231 SH   SOLE 1 164,231 0 0
Liberty Property Trust COM 531172104 173,535 5,507,291 SH   SOLE 1,2 5,042,050 0 465,241
LMP Capital And Income Fund COM 50208A102 3,080 253,316 SH   SOLE 1 253,316 0 0
LyondellBasell Industries N.V. COM N53745100 8,536 102,400 SH   SOLE 1 49,500 0 52,900
Macquarie Infrastruc COM 55608B105 37,386 500,750 SH   SOLE 1,2 487,336 0 13,414
Magellan Midstream Partners COM 559080106 36 601 SH   SOLE 1 601 0 0
Magna International Inc. - Cl A COM 559222401 1,112 23,300 SH   SOLE 1 21,000 0 2,300
Marathon Petroleum Corporation COM 56585A102 51 1,100 SH   SOLE 1 0 0 1,100
MarkWest Energy Partners LP COM 570759100 50,143 1,168,568 SH   SOLE 1 1,168,568 0 0
Martin Midstream Partners LP COM 573331105 2,074 85,000 SH   SOLE 1 85,000 0 0
Medtronic plc COM G5960L103 175 2,616 SH   SOLE 1 0 0 2,616
Merck & Co. Inc. COM 58933Y105 15,341 310,600 SH   SOLE 1 131,100 0 179,500
MFS Multimarket Income Trust COM 552737108 1,229 219,859 SH   SOLE 1 198,145 0 21,714
Microsoft Corporation COM 594918104 30,400 686,846 SH   SOLE 1 254,246 0 432,600
Mid-America Apartment Communities COM 59522J103 143,942 1,758,175 SH   SOLE 1,2 1,222,707 0 535,468
Monogram Residential Trust Inc COM 60979P105 135,451 14,549,020 SH   SOLE 1 13,213,189 0 1,335,831
Monsanto Company COM 61166W101 13,721 160,775 SH   SOLE 1 95,075 0 65,700
Morgan Stanley COM 617446448 7,166 227,500 SH   SOLE 1 131,600 0 95,900
MPLX LP COM 55336V100 8,067 211,111 SH   SOLE 1 211,111 0 0
National Retail Properties COM 637417106 66,967 1,846,349 SH   SOLE 1 0 0 1,846,349
National Westminster Pfd. C PFD 638539882 25,099 983,880 SH   SOLE 1 979,934 0 1,000
NetApp Inc. COM 64110D104 86 2,900 SH   SOLE 1 0 0 2,900
New America High Income Fund COM 641876800 2,835 355,765 SH   SOLE 1 331,980 0 23,785
New Senior Investment Group Inc COM 648691103 1,774 169,619 SH   SOLE 1 169,619 0 0
Newmont Mining Corporation COM 651639106 506 31,463 SH   SOLE 1 31,463 0 0
NextEra Energy Inc. COM 65339F101 142,406 1,459,824 SH   SOLE 1,2 1,278,360 0 181,464
Nextera Energy Partners LP COM 65341B106 3,331 152,793 SH   SOLE 1 152,793 0 0
NGL Energy Partners LP COM 62913M107 20,051 1,004,073 SH   SOLE 1 1,004,073 0 0
NiSource Inc. COM 65473P105 12,162 655,645 SH   SOLE 1,2 634,502 0 21,143
Noble Energy Inc. COM 655044105 15,609 517,200 SH   SOLE 1 286,500 0 230,700
Norfolk Southern Corporation COM 655844108 1,437 18,815 SH   SOLE 1 18,815 0 0
Nucor Corporation COM 670346105 1,025 27,300 SH   SOLE 1 27,300 0 0
NuStar Energy LP COM 67058H102 11,406 254,474 SH   SOLE 1 254,474 0 0
NuStar GP Holdings LLC COM 67059L102 3,941 147,426 SH   SOLE 1 147,426 0 0
Nuveen CA AMT-Free Muni Inc COM 670651108 1,483 101,070 SH   SOLE 1 101,070 0 0
Nuveen Dividend Adv Muni Fnd 2 COM 67070F100 834 61,234 SH   SOLE 1 61,234 0 0
Nuveen Dividend Advantage Muni Fd COM 67066V101 342 24,856 SH   SOLE 1 24,856 0 0
Nuveen Dow 30 Dynamic Overwite COM 67075F105 922 68,365 SH   SOLE 1 68,365 0 0
Nuveen Energy MLP Total Return COM 67074U103 3,228 256,815 SH   SOLE 1 256,815 0 0
Nuveen Floating Rate Income COM 67072T108 1,916 190,683 SH   SOLE 1 186,999 0 3,684
Nuveen Floating Rate Income Opportunity Fund COM 6706EN100 1,135 114,075 SH   SOLE 1 104,427 0 9,648
Nuveen Ins T/F Adv Municipal COM 670657105 1,005 77,166 SH   SOLE 1 77,166 0 0
Nuveen Mtg Opportunity Fund COM 670735109 73 3,271 SH   SOLE 1 0 0 3,271
Nuveen Mtg Opportunity Term Fund COM 67074R100 748 34,500 SH   SOLE 1 34,500 0 0
Nuveen Multi-Strategy Income & Growth 2 COM 67073D102 11,929 1,494,812 SH   SOLE 1 1,471,674 0 23,138
Nuveen Muni Mkt Opportunity COM 67062W103 2,223 169,661 SH   SOLE 1 169,661 0 0
Nuveen NY AMT-Free Muni Inc COM 670656107 1,029 81,744 SH   SOLE 1 81,744 0 0
Nuveen Preferred & Income Term Fund COM 67075A106 6,790 309,921 SH   SOLE 1 295,443 0 14,478
Nuveen Preferred Income Opportunities Fund COM 67073B106 14,257 1,585,881 SH   SOLE 1 1,549,908 0 35,973
Nuveen Premier Muni Inc Fd COM 670988104 1,007 77,174 SH   SOLE 1 77,174 0 0
Nuveen Premium Inc Muni Fd 2 COM 67063W102 2,900 212,448 SH   SOLE 1 212,448 0 0
Nuveen Premium Inc Muni Fd 4 COM 6706K4105 1,934 148,286 SH   SOLE 1 148,286 0 0
Nuveen Real Estate Income Fund COM 67071B108 7,012 697,716 SH   SOLE 1 697,716 0 0
NuveeN S&P 500 B-W Income COM 6706ER101 1,882 155,685 SH   SOLE 1 155,685 0 0
Nuveen Select Qualty Muni Fd COM 670973106 1,001 74,864 SH   SOLE 1 74,864 0 0
Nuveen Senior Income Fund COM 67067Y104 757 128,054 SH   SOLE 1 128,054 0 0
Nuveen Short Duration Credit Fund COM 67074X107 1,919 126,146 SH   SOLE 1 116,889 0 9,257
Nuveen Tax-Adv Tot Ret Strat COM 67090H102 2,613 231,869 SH   SOLE 1 231,869 0 0
Nuveen Tax-Advantaged Dividend Growth Fund COM 67073G105 2,771 205,118 SH   SOLE 1 205,118 0 0
NXP Semiconductors N.V. COM N6596X109 11,824 135,800 SH   SOLE 1 65,600 0 70,200
Occidental Petroleum Corporation COM 674599105 1,343 20,300 SH   SOLE 1 17,700 0 2,600
Omega Healthcare Investors COM 681936100 866,851 24,661,472 SH   SOLE 1,2 14,674,239 0 9,987,233
Oneok Inc. COM 682680103 828 25,712 SH   SOLE 1 25,712 0 0
Oracle Corporation COM 68389X105 7,571 209,600 SH   SOLE 1 45,100 0 164,500
PACCAR Inc COM 693718108 10,048 192,600 SH   SOLE 1 83,300 0 109,300
Paramount Group Inc COM 69924R108 32 1,883 SH   SOLE 1 0 0 1,883
Parkway Properties Inc. COM 70159Q104 2,511 161,370 SH   SOLE 1 161,370 0 0
Pattern Energy Group Inc. COM 70338P100 40,326 2,112,439 SH   SOLE 1,2 2,058,894 0 53,545
Pebblebrook Hotel Trust COM 70509V100 44,223 1,247,470 SH   SOLE 1 2,362 0 1,245,108
Pembina Pipeline Corp. COM 706327103 1,595 66,587 SH   SOLE 1 66,587 0 0
Penn Real Estate Investment Trust COM 709102107 235,162 11,858,921 SH   SOLE 1,2 10,015,073 0 1,843,848
Penntex Midstream Partners LP COM 709311104 4,596 286,189 SH   SOLE 1 286,189 0 0
Petroleo Brasileiro S.A. - ADR ADR 71654V408 192 44,200 SH   SOLE 1 44,200 0 0
PG&E Corporation COM 69331C108 109,160 2,067,431 SH   SOLE 1,2 2,019,095 0 48,336
Phillips 66 COM 718546104 1,959 25,494 SH   SOLE 1 25,494 0 0
Physicians Realty Trust COM 71943U104 49,755 3,297,215 SH   SOLE 1,2 2,296,885 0 1,000,330
PIMCO Corporate Opportunity COM 72201B101 6,849 514,965 SH   SOLE 1 500,440 0 14,525
Pimco Dynamic Credit Income COM 72202D106 14,650 801,849 SH   SOLE 1 783,352 0 18,497
Pimco Dynamic Income Fund COM 72201Y101 13,876 481,789 SH   SOLE 1 466,895 0 14,894
PIMCO High Income Fund COM 722014107 3,214 431,443 SH   SOLE 1 431,443 0 0
Pimco Income Opportunity Fund COM 72202B100 12,200 533,676 SH   SOLE 1 518,218 0 15,458
PIMCO Income Strategy Fund II COM 72201J104 12,848 1,453,445 SH   SOLE 1 1,411,340 0 42,105
PIMCO Muni Income Fund III COM 72201A103 2,048 186,670 SH   SOLE 1 186,670 0 0
Pimco Municipal Income Fund II COM 72200W106 5,255 437,197 SH   SOLE 1 437,197 0 0
Pinnacle Foods Inc Del COM 72348P104 1,699 40,574 SH   SOLE 1 40,574 0 0
Pioneer Diversified High Income COM 723653101 1,028 69,625 SH   SOLE 1 69,625 0 0
Pioneer Floating Rate Trust COM 72369J102 2,734 241,532 SH   SOLE 1 228,943 0 12,589
Pioneer High Income Trust COM 72369H106 4,924 478,068 SH   SOLE 1 466,193 0 11,875
Plains All American Pipeline LP COM 726503105 4,374 143,972 SH   SOLE 1 143,972 0 0
Plains GP Holdings LP COM 72651A108 9,022 515,520 SH   SOLE 1 515,520 0 0
Potash Corp of Saskatchewan COM 73755L107 758 36,894 SH   SOLE 1 36,894 0 0
Potash Corporation of Saskatchewan Inc. COM 73755L107 76 3,700 SH   SOLE 1 0 0 3,700
Prologis Inc. COM 74340W103 464,981 11,953,240 SH   SOLE 1,2 7,439,301 0 4,513,939
PS Business Parks Inc. COM 69360J107 66,300 835,224 SH   SOLE 1,2 546,622 0 288,602
Public Storage COM 74460D109 1,605,035 7,584,156 SH   SOLE 1,2 4,438,647 0 3,145,509
Putnam Premier Income Trust COM 746853100 1,700 347,600 SH   SOLE 1 347,600 0 0
QTS Realty Trust Inc. Cl-A COM 74736A103 291,840 6,679,800 SH   SOLE 1,2 5,673,846 0 1,005,954
Qualcomm Incorporated COM 747525103 4,707 87,600 SH   SOLE 1 0 0 87,600
Ramco-Gershenson Properties COM 751452202 47,660 3,175,236 SH   SOLE 1 2,972,367 0 202,869
Realty Income Corporation COM 756109104 83,674 1,765,644 SH   SOLE 1 51,520 0 1,714,124
Regency Centers Corporation COM 758849103 779,688 12,545,264 SH   SOLE 1,2 6,685,824 0 5,859,440
Republic Services Inc. COM 760759100 177 4,300 SH   SOLE 1 0 0 4,300
Retail Properties of America COM 76131V202 407,118 28,894,074 SH   SOLE 1,2 13,434,094 0 15,459,980
Rice Midstream Partners LP COM 762819100 7,411 556,399 SH   SOLE 1 556,399 0 0
Rose Rock Midstream LP COM 777149105 8,699 357,392 SH   SOLE 1 357,392 0 0
Ross Stores Inc. COM 778296103 12,399 255,800 SH   SOLE 1 55,900 0 199,900
Royal Bank of Scotland 6.6% (RBS S) PFD 780097739 5 200 SH   SOLE 1 200 0 0
Royal Bank of Scotland Pfd. H PFD 780097879 79 3,117 SH   SOLE 1 200 0 0
SanDisk Corporation COM 80004C101 9,179 168,953 SH   SOLE 1 80,653 0 88,300
SBA Communications Corporation COM 78388J106 17,318 165,346 SH   SOLE 1 165,346 0 0
Schlumberger Ltd. COM 806857108 2,655 38,500 SH   SOLE 1 0 0 38,500
Seadrill Partners LLC COM Y7545W109 1,928 205,152 SH   SOLE 1 205,152 0 0
Semgroup Corp. COM 81663A105 17,423 402,934 SH   SOLE 1,2 381,465 0 21,469
Sempra Energy COM 816851109 146,179 1,511,366 SH   SOLE 1,2 1,481,734 0 29,632
Shell Midstream Partners LP COM 822634101 1,589 54,000 SH   SOLE 1 54,000 0 0
Simon Property Group Inc. COM 828806109 3,430,053 18,670,002 SH   SOLE 1,2 10,360,795 0 8,309,207
SL Green Realty Corp. COM 78440X101 1,344,666 12,432,193 SH   SOLE 1,2 6,811,280 0 5,620,913
Southcross Energy Partners L COM 84130C100 1,808 366,739 SH   SOLE 1 366,739 0 0
Southern Copper Corp. COM 84265V105 985 36,860 SH   SOLE 1 36,860 0 0
Sovran Self Storage Inc. COM 84610H108 57,509 609,852 SH   SOLE 1 609,852 0 0
SPDR Trust Series 1 COM 78462F103 12,356 64,476 SH   SOLE 1 64,476 0 0
Spectra Energy Corp COM 847560109 7,584 288,703 SH   SOLE 1 288,703 0 0
Spectra Energy Partners LP COM 84756N109 4,986 123,957 SH   SOLE 1 123,957 0 0
Spirit Realty Capital COM 84860W102 475,122 51,982,743 SH   SOLE 1,2 28,190,592 0 23,792,151
Sprague Resources COM 849343108 5,594 293,945 SH   SOLE 1 293,945 0 0
SPX FLOW Inc COM 78469X107 1,493 43,360 SH   SOLE 1 43,360 0 0
Starbucks Corporation COM 855244109 12,667 222,845 SH   SOLE 1 48,245 0 174,600
Starwood Waypoint Reside COM 85571W109 67,618 2,837,534 SH   SOLE 1,2 2,189,266 0 648,268
Stone Harbor Emerging Market COM 86164T107 893 74,952 SH   SOLE 1 66,574 0 8,378
Strategic Hotels & Resorts I COM 86272T106 15,149 1,098,531 SH   SOLE 1 1,098,531 0 0
Suburban Propane Partners LP COM 864482104 5,334 162,288 SH   SOLE 1 162,288 0 0
Summit Midstream Partners Lp COM 866142102 4,129 234,189 SH   SOLE 1 234,189 0 0
Sun Communities Inc. COM 866674104 446,198 6,584,970 SH   SOLE 1,2 4,036,713 0 2,548,257
Suncor Energy Inc COM 867224107 1,430 53,720 SH   SOLE 1 48,420 0 5,300
Sunoco Logistics Partners LP COM 86764L108 3,721 129,831 SH   SOLE 1 129,831 0 0
Sunstone Hotel Investors Inc. COM 867892101 261,114 19,736,471 SH   SOLE 1,2 13,631,293 0 6,105,178
Sunstone Hotel Pfd. D PFD 867892507 19,408 761,095 SH   SOLE 1 652,745 0 108,350
Sysco Corporation COM 871829107 86 2,200 SH   SOLE 1 0 0 2,200
Tallgrass Energy GP LP COM 874696107 19,759 994,405 SH   SOLE 1,2 971,983 0 22,422
Tallgrass Energy Partners LP COM 874697105 16,092 409,573 SH   SOLE 1 409,573 0 0
Targa Resources Corp. COM 87612G101 1,908 37,030 SH   SOLE 1 37,030 0 0
Targa Resources Partners Lp COM 87611X105 9,483 326,546 SH   SOLE 1 326,546 0 0
Taubman Centers Inc. COM 876664103 2,561 37,074 SH   SOLE 1 37,074 0 0
TC Pipelines LP COM 87233Q108 5,199 109,207 SH   SOLE 1 109,207 0 0
TE Connectivity Ltd. COM H84989104 1,375 22,964 SH   SOLE 1 18,364 0 4,600
Teekay Corp. COM Y8564W103 41,368 1,395,677 SH   SOLE 1,2 1,341,520 0 54,157
Teekay Lng Partners Lp COM Y8564M105 821 34,330 SH   SOLE 1 34,330 0 0
Teekay Offshore Partners Lp COM Y8565J101 11,172 776,407 SH   SOLE 1 776,407 0 0
Templeton Global Income Fund COM 880198106 412 67,615 SH   SOLE 1 61,609 0 6,006
Tesoro Logistics LP COM 88160T107 573 12,740 SH   SOLE 1 12,740 0 0
The Est?e Lauder Companies Inc. COM 518439104 6,527 80,900 SH   SOLE 1 0 0 80,900
The Hartford Financial Services Group Inc. COM 416515104 13,839 302,300 SH   SOLE 1 158,700 0 143,600
The Home Depot Inc. COM 437076102 10,868 94,100 SH   SOLE 1 9,000 0 85,100
The Kroger Co. COM 501044101 19,861 550,636 SH   SOLE 1 197,136 0 353,500
The Macerich Company COM 554382101 809,904 10,542,879 SH   SOLE 1,2 6,669,225 0 3,873,654
The Mosaic Company COM 61945C103 1,175 37,774 SH   SOLE 1 37,774 0 0
The PNC Financial Services Group Inc. COM 693475105 14,736 165,200 SH   SOLE 1 85,200 0 80,000
The Procter & Gamble Company COM 742718109 187 2,600 SH   SOLE 1 0 0 2,600
The Walt Disney Company COM 254687106 34,901 341,493 SH   SOLE 1 140,693 0 200,800
The Williams Companies Inc. COM 969457100 87,765 2,381,689 SH   SOLE 1,2 2,321,955 0 59,734
Thermo Fisher Scientific Inc. COM 883556102 15,197 124,277 SH   SOLE 1 53,186 0 71,091
Tortoise Energy Infrastructu COM 89147L100 1,902 70,145 SH   SOLE 1 70,145 0 0
TransCanada Corp. COM 89353D107 74,998 2,382,710 SH   SOLE 1 2,293,148 0 89,562
Tyson Foods Inc. COM 902494103 32,351 750,593 SH   SOLE 1 313,293 0 437,300
UDR Inc. COM 902653104 1,427,026 41,387,056 SH   SOLE 1,2 26,180,042 0 15,207,014
UMH Properties Inc. Pfd. A PFD 903002202 4,232 164,795 SH   SOLE 1 50,000 0 114,795
Union Pacific Corporation COM 907818108 119,038 1,346,426 SH   SOLE 1,2 1,332,273 0 14,153
United Continental Holdings Inc. COM 910047109 12,224 230,424 SH   SOLE 1 92,824 0 137,600
United Parcel Service Inc. COM 911312106 188 1,900 SH   SOLE 1 0 0 1,900
United Technologies Corporation COM 913017109 7,769 87,300 SH   SOLE 1 0 0 87,300
Urban Edge Properties COM 91704F104 1,052 48,704 SH   SOLE 1 48,704 0 0
Urstadt Biddle Prop Pr.G PFD 917286809 4,654 181,838 SH   SOLE 1 16,250 0 165,588
USA Compression Partners LP COM 90290N109 11,596 804,186 SH   SOLE 1 804,186 0 0
V.F. Corporation COM 918204108 9,181 134,600 SH   SOLE 1 32,300 0 102,300
Vale S.A. ADR ADR 91912E105 507 120,800 SH   SOLE 1 120,800 0 0
Valero Energy Partners COM 91914J102 7,161 162,171 SH   SOLE 1 162,171 0 0
Van Kampen Dynamic Credit Op COM 46132R104 2,697 255,164 SH   SOLE 1 255,164 0 0
Vanguard S&P 500 ETF COM 922908363 4,834 27,511 SH   SOLE 1 27,511 0 0
Ventas Inc. COM 92276F100 34,719 619,311 SH   SOLE 1 134,839 0 484,472
Verizon Communications Inc. COM 92343V104 11,874 272,899 SH   SOLE 1 124,099 0 148,800
Visa Inc. COM 92826C839 28,525 409,492 SH   SOLE 1 134,992 0 274,500
Vornado Realty Trust COM 929042109 1,562,676 17,282,420 SH   SOLE 1,2 9,614,183 0 7,668,237
Vtti Energy Partners LP COM Y9384M101 3,495 178,586 SH   SOLE 1 178,586 0 0
W.W. Grainger Inc. COM 384802104 7,181 33,400 SH   SOLE 1 4,400 0 29,000
Weingarten Realty Investors COM 948741103 97,193 2,935,453 SH   SOLE 1 85,612 0 2,849,841
Wells Fargo & Co. 7.5% PFD 949746804 526 450 SH   SOLE 1 450 0 0
Wells Fargo & Company COM 949746101 25,742 501,313 SH   SOLE 1 251,587 0 249,726
Wells Fargo Advantage Income Fund COM 94987B105 1,660 219,243 SH   SOLE 1 195,105 0 24,138
Wells Fargo Advantage Multi-Sector Fund COM 94987D101 2,049 180,527 SH   SOLE 1 161,978 0 18,549
Welltower Inc. COM 95040Q104 1,322,549 19,529,672 SH   SOLE 1,2 9,666,597 0 9,863,075
Western Asset Global Corp. COM 95790C107 1,279 80,815 SH   SOLE 1 71,806 0 9,009
Western Asset Global High In COM 95766B109 1,005 112,050 SH   SOLE 1 96,400 0 15,650
Western Asset High Yield Defined Opportunity Fd. COM 95768B107 1,180 84,285 SH   SOLE 1 75,800 0 8,485
Western Asset Managed Munici COM 95766M105 289 20,864 SH   SOLE 1 20,864 0 0
Western Asset Municipal Part COM 95766P108 682 45,726 SH   SOLE 1 45,726 0 0
Western Asset Premier Bond COM 957664105 729 58,561 SH   SOLE 1 58,561 0 0
Western Gas Partners LP COM 958254104 6 135 SH   SOLE 1 135 0 0
Williams Partners LP COM 96949L105 27,267 854,221 SH   SOLE 1 854,221 0 0
Wisconsin Energy Corporation COM 92939U106 6,337 121,355 SH   SOLE 1,2 110,852 0 10,503
Xcel Energy Inc. COM 98389B100 66,819 1,887,015 SH   SOLE 1,2 1,868,658 0 18,357
Xilinx Inc. COM 983919101 98 2,300 SH   SOLE 1 0 0 2,300
Zimmer Biomet Holdings Inc. COM 98956P102 12,805 136,330 SH   SOLE 1 57,530 0 78,800