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 Co Common Stock 88579Y101 1,861 13,270 SH   SOLE   13,270 0 0
Abbott Laboratories Common Stock 002824100 1,228 32,050 SH   SOLE   32,050 0 0
Abbvie Inc. Common Stock 00287Y109 1,729 32,740 SH   SOLE   32,740 0 0
Accenture Ltd Common Stock G1151C101 1,098 13,355 SH   SOLE   13,355 0 0
Access Midstream Partners LP Master Ltd Part 00434L109 55,850 987,100 SH   SOLE   987,100 0 0
Allete Inc Common Stock 018522300 2,544 51,000 SH   SOLE   51,000 0 0
Alliant Energy Corp Common Stock 018802108 77,400 1,500,000 SH   SOLE   1,500,000 0 0
Allstate Corp Common Stock 020002101 515 9,450 SH   SOLE   9,450 0 0
Altria Group Inc Common Stock 02209S103 1,598 41,635 SH   SOLE   41,635 0 0
Amazon.Com Inc Common Stock 023135106 3,039 7,620 SH   SOLE   7,620 0 0
Ameren Corp Common Stock 023608102 56,816 1,571,230 SH   SOLE   1,571,230 0 0
American Campus Communities REIT 024835100 37,466 1,163,192 SH   SOLE   1,059,761 0 103,431
American Electric Power Common Stock 025537101 244 5,210 SH   SOLE   5,210 0 0
American Express Co Common Stock 025816109 1,749 19,280 SH   SOLE   19,280 0 0
American International Group Common Stock 026874784 1,562 30,590 SH   SOLE   30,590 0 0
American Tower REIT Inc Common Stock 03027X100 5,438 68,130 SH   SOLE   68,130 0 0
American Water Works Co Common Stock 030420103 45,425 1,074,895 SH   SOLE   1,074,895 0 0
Amgen Inc Common Stock 031162100 1,791 15,685 SH   SOLE   15,685 0 0
Anadarko Petroleum Corp Common Stock 032511107 827 10,430 SH   SOLE   10,430 0 0
Apache Corp Common Stock 037411105 707 8,225 SH   SOLE   8,225 0 0
Apple Computer Inc Common Stock 037833100 10,019 17,855 SH   SOLE   17,855 0 0
AT & T Inc. Common Stock 00206R102 74,911 2,130,579 SH   SOLE   2,130,579 0 0
Atlas Pipeline Partner LP Master Ltd Part 049392103 15,878 453,000 SH   SOLE   453,000 0 0
Avalonbay Communities Inc REIT 053484101 74,649 631,388 SH   SOLE   562,176 0 69,212
Bank of America Corp Common Stock 060505104 3,442 221,075 SH   SOLE   221,075 0 0
Bank of New York Mellon Corp Common Stock 064058100 576 16,480 SH   SOLE   16,480 0 0
Baxter International Inc Common Stock 071813109 785 11,285 SH   SOLE   11,285 0 0
BCE Inc Foreign Common 05534B760 42,783 988,287 SH   SOLE   988,287 0 0
Berkshire Hathaway Common Stock 084670702 2,278 19,210 SH   SOLE   19,210 0 0
Boeing Co Common Stock 097023105 1,947 14,265 SH   SOLE   14,265 0 0
Boston Properties Inc REIT 101121101 77,799 775,127 SH   SOLE   683,729 0 91,398
Bristol-Myers Squibb Co Common Stock 110122108 1,817 34,180 SH   SOLE   34,180 0 0
Brixmor Property Group Inc REIT 11120U105 15,759 775,150 SH   SOLE   707,525 0 67,625
Buckeye Partners Master Ltd Part 118230101 22,063 310,700 SH   SOLE   310,700 0 0
Camden Property Trust REIT 133131102 48,341 849,870 SH   SOLE   751,080 0 98,790
Capital One Financial Co Common Stock 14040H105 925 12,075 SH   SOLE   12,075 0 0
Caterpillar Inc Common Stock 149123101 1,203 13,245 SH   SOLE   13,245 0 0
Centerpoint Energy Inc Common Stock 15189T107 73,664 3,177,915 SH   SOLE   3,177,915 0 0
CenturyLink Inc Common Stock 156700106 85,199 2,675,000 SH   SOLE   2,675,000 0 0
Chevron Corp Common Stock 166764100 4,976 39,835 SH   SOLE   39,835 0 0
Cisco Systems Inc Common Stock 17275R102 2,494 111,080 SH   SOLE   111,080 0 0
Citigroup Inc Common Stock 172967424 3,268 62,719 SH   SOLE   62,719 0 0
Cleco Corp Common Stock 12561W105 2,493 53,485 SH   SOLE   53,485 0 0
CMS Energy Corp Common Stock 125896100 69,643 2,601,520 SH   SOLE   2,601,520 0 0
Coca-Cola Co Common Stock 191216100 3,256 78,830 SH   SOLE   78,830 0 0
Colgate-Palmolive Co Common Stock 194162103 1,189 18,240 SH   SOLE   18,240 0 0
Comcast Corp Common Stock 20030N101 2,802 53,920 SH   SOLE   53,920 0 0
Conocophillips Common Stock 20825C104 1,796 25,415 SH   SOLE   25,415 0 0
Costco Wholesale Corp Common Stock 22160K105 1,082 9,095 SH   SOLE   9,095 0 0
Crown Castle Intl Corp Common Stock 228227104 6,315 86,000 SH   SOLE   86,000 0 0
CVS Caremark Corp Common Stock 126650100 1,777 24,835 SH   SOLE   24,835 0 0
DCP Midstream Partners Master Ltd Part 23311P100 27,903 554,184 SH   SOLE   554,184 0 0
DCT Industrial REIT 233153105 69,251 9,712,627 SH   SOLE   8,845,111 0 867,516
DDR Corp REIT 23317H102 51,712 3,364,463 SH   SOLE   3,030,917 0 333,546
Devon Energy Corporation Common Stock 25179M103 487 7,870 SH   SOLE   7,870 0 0
Digital Realty Trust Inc REIT 253868103 14,352 292,187 SH   SOLE   290,326 0 1,861
Dominion Resources Inc Common Stock 25746U109 94,904 1,467,063 SH   SOLE   1,467,063 0 0
Douglas Emmett Inc REIT 25960P109 13,608 584,300 SH   SOLE   531,300 0 53,000
DOW Chemical Co Common Stock 260543103 1,118 25,170 SH   SOLE   25,170 0 0
DTE Energy Co Common Stock 233331107 68,711 1,034,965 SH   SOLE   1,034,965 0 0
DU Pont [E I] De Nemours Common Stock 263534109 1,247 19,190 SH   SOLE   19,190 0 0
Duke Energy Corp Common Stock 26441C204 96,725 1,401,613 SH   SOLE   1,401,613 0 0
Duke Realty Corp REIT 264411505 16,555 1,100,700 SH   SOLE   970,350 0 130,350
EastGroup Properties REIT 277276101 10,541 181,967 SH   SOLE   158,137 0 23,830
eBay Inc Common Stock 278642103 1,330 24,230 SH   SOLE   24,230 0 0
EL Paso Pipeline Partners LP Master Ltd Part 283702108 20,124 559,000 SH   SOLE   559,000 0 0
EMC Corp Common Stock 268648102 1,086 43,195 SH   SOLE   43,195 0 0
Emerson Electric Co Common Stock 291011104 1,037 14,770 SH   SOLE   14,770 0 0
Enbridge Energy Partners Master Ltd Part 29250R106 41,007 1,372,861 SH   SOLE   1,372,861 0 0
Enbridge Inc Foreign Common 29250N105 82,886 1,897,576 SH   SOLE   1,897,576 0 0
Energy Transfer Equity Master Ltd Part 29273V100 28,446 348,000 SH   SOLE   348,000 0 0
Energy Transfer Partners Master Ltd Part 29273R109 30,706 536,346 SH   SOLE   536,346 0 0
Enterprise Prods Prtnrs Master Ltd Part 293792107 52,006 784,400 SH   SOLE   784,400 0 0
EQT Midstream Partners LP Master Ltd Part 26885B100 18,578 316,000 SH   SOLE   316,000 0 0
Equity Lifestyle Properties REIT 29472R108 30,668 846,468 SH   SOLE   773,952 0 72,516
Equity Residential REIT 29476L107 96,236 1,855,338 SH   SOLE   1,668,981 0 186,357
Essex Property Trust REIT 297178105 76,606 533,802 SH   SOLE   476,603 0 57,199
Exelon Corp Common Stock 30161N101 250 9,135 SH   SOLE   9,135 0 0
Extra Space Storage Inc REIT 30225T102 63,645 1,510,680 SH   SOLE   1,376,349 0 134,331
Exxon Mobil Corp Common Stock 30231G102 9,221 91,115 SH   SOLE   91,115 0 0
Facebook Inc Common Stock 30303M102 1,822 33,340 SH   SOLE   33,340 0 0
Fedex Corp Common Stock 31428X106 876 6,095 SH   SOLE   6,095 0 0
Ford Motor Co Common Stock 345370860 1,262 81,820 SH   SOLE   81,820 0 0
Freeprt McMoran Cop and Gld Common Stock 35671D857 813 21,540 SH   SOLE   21,540 0 0
Frontier Communications Corp Common Stock 35906A108 39,006 8,388,491 SH   SOLE   8,388,491 0 0
General Dynamics Corp Common Stock 369550108 660 6,910 SH   SOLE   6,910 0 0
General Electric Co Common Stock 369604103 5,914 210,998 SH   SOLE   210,998 0 0
General Growth Pptys Inc REIT 370023103 91,610 4,564,510 SH   SOLE   4,146,283 0 418,227
General Motors Co Common Stock 37045V100 915 22,400 SH   SOLE   22,400 0 0
Genesis Energy LP Master Ltd Part 371927104 29,571 562,500 SH   SOLE   562,500 0 0
Gilead Sciences Inc Common Stock 375558103 2,389 31,790 SH   SOLE   31,790 0 0
Goldman Sachs Group Inc Common Stock 38141G104 1,579 8,905 SH   SOLE   8,905 0 0
Google Inc Common Stock 38259P508 6,495 5,795 SH   SOLE   5,795 0 0
Great Plains Energy Inc Common Stock 391164100 36,360 1,500,000 SH   SOLE   1,500,000 0 0
Halliburton Co Common Stock 406216101 902 17,770 SH   SOLE   17,770 0 0
HCP Inc REIT 40414L109 67,772 1,865,982 SH   SOLE   1,628,473 0 237,509
Health Care Reit Inc REIT 42217K106 35,150 656,146 SH   SOLE   571,389 0 84,757
Hewlett-Packard Co Common Stock 428236103 1,119 39,985 SH   SOLE   39,985 0 0
Home Depot Inc Common Stock 437076102 2,386 28,975 SH   SOLE   28,975 0 0
Honeywell International Inc Common Stock 438516106 1,492 16,330 SH   SOLE   16,330 0 0
Host Hotels & Resorts Inc REIT 44107P104 72,974 3,753,811 SH   SOLE   3,349,194 0 404,617
Integrys Energy Group Inc Common Stock 45822P105 31,939 587,000 SH   SOLE   587,000 0 0
Intel Corp Common Stock 458140100 2,681 103,290 SH   SOLE   103,290 0 0
Intl Business Machines Corp Common Stock 459200101 3,986 21,250 SH   SOLE   21,250 0 0
iShares Exchange Traded 464287606 6,588 43,820 SH   SOLE   43,820 0 0
iShares Exchange Traded 464287630 12,004 120,640 SH   SOLE   120,640 0 0
iShares Exchange Traded 464287648 6,792 50,120 SH   SOLE   50,120 0 0
iShares Exchange Traded 464287705 12,127 104,340 SH   SOLE   104,340 0 0
iShares Exchange Traded 464288588 47,211 451,475 SH   SOLE   451,475 0 0
iShares Exchange Traded 464288646 14,729 139,660 SH   SOLE   139,660 0 0
J P Morgan Chase & Co Common Stock 46625H100 4,556 77,910 SH   SOLE   77,910 0 0
Johnson & Johnson Common Stock 478160104 5,350 58,410 SH   SOLE   58,410 0 0
Kilroy Realty Corp REIT 49427F108 79,903 1,592,325 SH   SOLE   1,432,923 0 159,402
Kimco Realty Corp REIT 49446R109 42,883 2,171,280 SH   SOLE   1,897,472 0 273,808
Kinder Morgan Energy Partners Master Ltd Part 494550106 42,411 525,803 SH   SOLE   525,803 0 0
Kinder Morgan Inc Common Stock 49456B101 70,148 1,948,566 SH   SOLE   1,948,566 0 0
Lasalle Hotel Properties REIT 517942108 40,974 1,327,731 SH   SOLE   1,182,932 0 144,799
Liberty Property Trust REIT 531172104 56,578 1,670,435 SH   SOLE   1,507,461 0 162,974
Lilly [Eli] & Co Common Stock 532457108 1,054 20,665 SH   SOLE   20,665 0 0
Linn Energy LLC Master Ltd Part 536020100 7,020 228,000 SH   SOLE   228,000 0 0
Lockheed Martin Corp Common Stock 539830109 821 5,525 SH   SOLE   5,525 0 0
Lowe's Companies Inc Common Stock 548661107 1,089 21,980 SH   SOLE   21,980 0 0
Macerich Co REIT 554382101 88,802 1,507,930 SH   SOLE   1,360,160 0 147,770
Magellan Midstream Partn LP Master Ltd Part 559080106 29,743 470,090 SH   SOLE   470,090 0 0
Markwest Energy Partners LP Master Ltd Part 570759100 41,133 622,000 SH   SOLE   622,000 0 0
MasterCard Inc Common Stock 57636Q104 1,746 2,090 SH   SOLE   2,090 0 0
McDonald's Corp Common Stock 580135101 2,012 20,740 SH   SOLE   20,740 0 0
Medtronic Inc Common Stock 585055106 1,197 20,865 SH   SOLE   20,865 0 0
Merck & Co Inc. Common Stock 58933Y105 3,088 61,703 SH   SOLE   61,703 0 0
Metlife Inc Common Stock 59156R108 1,239 22,980 SH   SOLE   22,980 0 0
Microsoft Corp Common Stock 594918104 5,830 155,770 SH   SOLE   155,770 0 0
Mondelez International Inc Common Stock 609207105 1,297 36,756 SH   SOLE   36,756 0 0
Monsanto Co Common Stock 61166W101 1,279 10,975 SH   SOLE   10,975 0 0
Morgan Stanley Common Stock 617446448 897 28,605 SH   SOLE   28,605 0 0
National Grid Plc ADRs 636274300 12,324 188,673 SH   SOLE   188,673 0 0
National Oilwell Varco Inc Common Stock 637071101 707 8,895 SH   SOLE   8,895 0 0
NextEra Energy Inc Common Stock 65339F101 91,688 1,070,870 SH   SOLE   1,070,870 0 0
Nike Inc Common Stock 654106103 1,202 15,290 SH   SOLE   15,290 0 0
Nippon Telegraph & Telephone ADRs 654624105 2,249 83,175 SH   SOLE   83,175 0 0
Nisource Inc Common Stock 65473P105 69,409 2,110,975 SH   SOLE   2,110,975 0 0
Norfolk Southern Corp Common Stock 655844108 597 6,430 SH   SOLE   6,430 0 0
Northeast Utilities Common Stock 664397106 87,095 2,054,620 SH   SOLE   2,054,620 0 0
Northwest Natural Gas Co Common Stock 667655104 34,256 800,000 SH   SOLE   800,000 0 0
Occidental Petroleum Corp Common Stock 674599105 1,593 16,755 SH   SOLE   16,755 0 0
OGE Energy Corp Common Stock 670837103 33,900 1,000,000 SH   SOLE   1,000,000 0 0
Oneok Inc Common Stock 682680103 3,237 52,060 SH   SOLE   52,060 0 0
Oneok Partners Master Ltd Part 68268N103 15,374 292,000 SH   SOLE   292,000 0 0
Oracle Corp Common Stock 68389X105 2,805 73,310 SH   SOLE   73,310 0 0
Pebblebrook Hotel Trust REIT 70509V100 37,983 1,234,816 SH   SOLE   1,102,645 0 132,171
Pepco Holdings Inc Common Stock 713291102 68,294 3,570,000 SH   SOLE   3,570,000 0 0
Pepsico Inc Common Stock 713448108 2,637 31,795 SH   SOLE   31,795 0 0
Pfizer Inc Common Stock 717081103 4,154 135,613 SH   SOLE   135,613 0 0
Philip Morris International Common Stock 718172109 2,935 33,685 SH   SOLE   33,685 0 0
Piedmont Natural Gas Co Common Stock 720186105 33,160 1,000,000 SH   SOLE   1,000,000 0 0
Pinnacle West Capital Corp Common Stock 723484101 71,223 1,345,860 SH   SOLE   1,345,860 0 0
Plains All Amer Pipelne LP Master Ltd Part 726503105 24,622 475,610 SH   SOLE   475,610 0 0
Plains GP Holdings LP Master Ltd Part 72651A108 2,587 96,630 SH   SOLE   96,630 0 0
PPL Corp Common Stock 69351T106 81,484 2,708,000 SH   SOLE   2,708,000 0 0
Procter & Gamble Co Common Stock 742718109 4,616 56,700 SH   SOLE   56,700 0 0
Prologis Inc REIT 74340W103 119,504 3,234,221 SH   SOLE   2,853,154 0 381,067
Public Service Entrp Grp Inc Common Stock 744573106 57,672 1,800,000 SH   SOLE   1,800,000 0 0
Public Storage REIT 74460D109 128,699 855,031 SH   SOLE   754,513 0 100,518
Qualcomm Inc Common Stock 747525103 2,635 35,490 SH   SOLE   35,490 0 0
Questar Corp Common Stock 748356102 45,743 1,989,710 SH   SOLE   1,989,710 0 0
Raytheon Co Common Stock 755111507 603 6,650 SH   SOLE   6,650 0 0
Regency Centers Corp REIT 758849103 218 4,700 SH   SOLE   4,700 0 0
Schlumberger Ltd Common Stock 806857108 2,478 27,495 SH   SOLE   27,495 0 0
Sempra Energy Common Stock 816851109 95,348 1,062,255 SH   SOLE   1,062,255 0 0
Simon Property Group Inc REIT 828806109 216,020 1,419,692 SH   SOLE   1,243,798 0 175,894
SL Green Realty Corp REIT 78440X101 35,614 385,512 SH   SOLE   339,081 0 46,431
Southern Co Common Stock 842587107 92,885 2,259,420 SH   SOLE   2,259,420 0 0
Spectra Energy Corp Common Stock 847560109 76,210 2,139,525 SH   SOLE   2,139,525 0 0
Spectra Energy Partners Master Ltd Part 84756N109 12,154 268,000 SH   SOLE   268,000 0 0
Starbucks Corp Common Stock 855244109 1,224 15,610 SH   SOLE   15,610 0 0
Sunoco Logistics Partners LP Master Ltd Part 86764L108 12,228 162,000 SH   SOLE   162,000 0 0
Tanger Factory Outlet Centers REIT 875465106 63,918 1,996,179 SH   SOLE   1,838,279 0 157,900
Targa Resources Partners Master Ltd Part 87611X105 46,781 894,465 SH   SOLE   894,465 0 0
Target Corp Common Stock 87612E106 841 13,285 SH   SOLE   13,285 0 0
TC Pipelines LP Master Ltd Part 87233Q108 17,136 353,834 SH   SOLE   353,834 0 0
TECO Energy Inc Common Stock 872375100 51,720 3,000,000 SH   SOLE   3,000,000 0 0
Teekay LNG Partners Master Ltd Part Y8564M105 16,530 387,020 SH   SOLE   387,020 0 0
Teekay Offshore Partners Master Ltd Part Y8565J101 12,737 384,919 SH   SOLE   384,919 0 0
Tesoro Logistics LP Master Ltd Part 88160T107 1,014 19,369 SH   SOLE   19,369 0 0
Texas Instruments Inc Common Stock 882508104 1,005 22,885 SH   SOLE   22,885 0 0
Time Warner Inc Common Stock 887317303 1,331 19,086 SH   SOLE   19,086 0 0
Transcanada Corp Foreign Common 89353D107 54,750 1,199,078 SH   SOLE   1,199,078 0 0
Twenty-First Century Fox Inc Common Stock 90130A101 1,445 41,075 SH   SOLE   41,075 0 0
U S Bancorp Common Stock 902973304 1,533 37,942 SH   SOLE   37,942 0 0
Union Pacific Corp Common Stock 907818108 1,595 9,495 SH   SOLE   9,495 0 0
Unisource Energy Corp Common Stock 903119105 71,820 1,200,000 SH   SOLE   1,200,000 0 0
United Parcel Service Common Stock 911312106 1,553 14,775 SH   SOLE   14,775 0 0
United Technologies Corp Common Stock 913017109 1,997 17,550 SH   SOLE   17,550 0 0
UnitedHealth Group Inc Common Stock 91324P102 1,587 21,075 SH   SOLE   21,075 0 0
Valero Energy Prtnrs LP Master Ltd Part 91914J102 1,723 50,000 SH   SOLE   50,000 0 0
Vanguard Exchange Traded 922042775 21,350 420,865 SH   SOLE   420,865 0 0
Vanguard Exchange Traded 922042858 4,664 113,360 SH   SOLE   113,360 0 0
Vanguard FTSE Developed Market Exchange Traded 921943858 21,448 514,590 SH   SOLE   514,590 0 0
Vectren Corp Common Stock 92240G101 53,250 1,500,000 SH   SOLE   1,500,000 0 0
Ventas Inc REIT 92276F100 58,592 1,022,906 SH   SOLE   906,747 0 116,159
Verizon Communications Inc Common Stock 92343V104 76,509 1,556,963 SH   SOLE   1,556,963 0 0
Visa Inc Common Stock 92826C839 2,344 10,525 SH   SOLE   10,525 0 0
Vodafone Group PLC ADRs 92857W209 13,378 340,310 SH   SOLE   340,310 0 0
Vornado Realty Trust REIT 929042109 7,104 80,004 SH   SOLE   68,707 0 11,297
Wal-Mart Stores Common Stock 931142103 2,662 33,830 SH   SOLE   33,830 0 0
Walgreen Co Common Stock 931422109 1,033 17,985 SH   SOLE   17,985 0 0
Walt Disney Co Common Stock 254687106 2,613 34,205 SH   SOLE   34,205 0 0
Weingarten Realty Invst REIT 948741103 650 23,700 SH   SOLE   23,700 0 0
Wells Fargo & Co Common Stock 949746101 2,212 48,729 SH   SOLE   48,729 0 0
Westar Energy Inc Common Stock 95709T100 100,885 3,136,000 SH   SOLE   3,136,000 0 0
Western Gas Partners LP Master Ltd Part 958254104 18,137 294,000 SH   SOLE   294,000 0 0
WGL Holdings Inc Common Stock 92924F106 40,060 1,000,000 SH   SOLE   1,000,000 0 0
Williams Cos Inc Common Stock 969457100 75,145 1,948,279 SH   SOLE   1,948,279 0 0
Williams Partners LP Master Ltd Part 96950F104 41,837 822,600 SH   SOLE   822,600 0 0
Windstream Holdings Inc Common Stock 97382A101 82,496 10,337,807 SH   SOLE   10,337,807 0 0
Wisconsin Energy Corp Common Stock 976657106 44,575 1,078,248 SH   SOLE   1,078,248 0 0
XCEL Energy Inc Common Stock 98389B100 75,438 2,700,000 SH   SOLE   2,700,000 0 0