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
Abbott Laboratories COM 002824100 1,880 22,473 SH   SOLE 1 19,889 0 2,584
Aberdeen Global Premier Properties Fund COM 00302L108 1,278 205,509 SH   SOLE 1 205,509 0 0
Acadia Realty Trust COM 004239109 84,502 2,956,692 SH   SOLE 1 2,888,506 0 68,186
Accenture PLC COM G1151C101 2,443 12,703 SH   SOLE 1 11,774 0 929
Activision Blizzard Inc. COM 00507V109 2,092 39,533 SH   SOLE 1 36,439 0 3,094
Adams Express Co COM 006212104 17,009 1,073,769 SH   SOLE 1 1,067,516 0 6,253
Adams Natural Resources Fund COM 00548F105 3,273 206,778 SH   SOLE 1 206,778 0 0
AGIC Convertible & Income FD II COM 018825109 7,860 1,562,542 SH   SOLE 1 1,552,188 0 10,354
AGIC Convertible & Income Fund COM 018828103 3,156 559,524 SH   SOLE 1 559,524 0 0
Agree Realty Corp. COM 008492100 292,499 3,998,617 SH   SOLE 1, 2 3,489,579 0 509,038
Air Products and Chemicals Inc. COM 009158106 246 1,109 SH   SOLE 1 0 0 1,109
Alibaba Group Holding Ltd ADR 01609W102 24 141 SH   SOLE 1 141 0 0
AllianceBernstein Global High Income Fund COM 01879R106 4,825 402,385 SH   SOLE 1 381,302 0 21,083
Alliant Energy Corporation COM 018802108 160,742 2,980,562 SH   SOLE 1, 2 2,823,139 0 157,423
Allianzgi Diverified Income COM 01883J108 1,855 81,468 SH   SOLE 1 81,468 0 0
Alphabet Inc CL A COM 02079K305 3,551 2,908 SH   SOLE 1 2,438 0 470
Alpine Total Dynamic Dividend Fund COM 00326L100 1,908 228,757 SH   SOLE 1 228,757 0 0
Altus Midstream Co COM 02215L100 2,987 1,055,639 SH   SOLE 1 1,055,639 0 0
Amazon.com Inc. COM 023135106 6,704 3,862 SH   SOLE 1 3,587 0 275
American Assets Trust Inc. COM 024013104 10,096 216,013 SH   SOLE 1 216,013 0 0
American Campus Communities COM 024835100 1,127 23,436 SH   SOLE 1 23,436 0 0
American Homes 4 Rent-CL COM 02665T306 337,387 13,031,564 SH   SOLE 1 8,710,352 0 4,321,212
American Tower Corporation COM 03027X100 1,319,690 5,967,937 SH   SOLE 1, 2 5,958,069 0 9,868
American Water Works Company Inc. COM 030420103 196,739 1,583,671 SH   SOLE 1, 2 1,519,247 0 64,424
Americold Realty Trust COM 03064D108 245,926 6,634,090 SH   SOLE 1, 2 5,576,625 0 1,057,465
Amphenol Corporation COM 032095101 12 121 SH   SOLE 1 121 0 0
Analog Devices Inc. COM 032654105 35 309 SH   SOLE 1 309 0 0
Antero Midstream Corp COM 03676B102 28,887 3,903,685 SH   SOLE 1, 2 3,755,518 0 148,167
Anthem Inc. COM 036752103 6,147 25,600 SH   SOLE 1 23,698 0 1,902
Apartment Investment & Management Co. COM 03748R754 521,728 10,006,293 SH   SOLE 1 5,162,649 0 4,843,644
Apple Hospitality REIT Inc COM 03784Y200 458 27,611 SH   SOLE 1 27,611 0 0
APPLE Inc. COM 037833100 7,056 31,502 SH   SOLE 1 28,523 0 2,979
Aquaventure Holdings Ltd COM G0443N107 30 1,545 SH   SOLE 1 1,545 0 0
Archer-Daniels-Midland Company COM 039483102 9,216 224,403 SH   SOLE 1 224,403 0 0
Archrock Inc. COM 03957W106 7,741 776,416 SH   SOLE 1 776,416 0 0
Ares Dynamic Credit Allocation COM 04014F102 6,170 414,113 SH   SOLE 1 414,113 0 0
Artista Networks Inc COM 040413106 8 35 SH   SOLE 1 35 0 0
AT&T Inc. COM 00206R102 263 6,952 SH   SOLE 1 0 0 6,952
Atlantica Yield PLC COM G0751N103 59 2,449 SH   SOLE 1 2,449 0 0
Atmos Energy Corp. COM 049560105 154,015 1,352,315 SH   SOLE 1, 2 1,329,497 0 22,818
AvalonBay Communities Inc. COM 053484101 310,755 1,443,157 SH   SOLE 1 1,306,661 0 136,496
Bancroft Fund Ltd. COM 059695106 3,011 127,348 SH   SOLE 1 114,818 0 12,530
Bank of America 7.25 CV Pfd. L PFD 060505682 300 200 SH   SOLE 1 200 0 0
Bank of America Corporation COM 060505104 2,434 83,437 SH   SOLE 1 75,975 0 7,462
Barrick Gold Corp. COM 067901108 5,298 305,693 SH   SOLE 1 305,693 0 0
Blackrock Build America Bond COM 09248X100 317 12,827 SH   SOLE 1 0 0 12,827
Blackrock Corporate High Yield Fund 6 COM 09255P107 7,660 712,551 SH   SOLE 1 637,422 0 75,129
Blackrock Enh Cap And Inc COM 09256A109 4,363 270,014 SH   SOLE 1 270,014 0 0
Blackrock Float Rt Income St COM 09255X100 678 53,701 SH   SOLE 1 47,591 0 6,110
Blackrock Glbl Flt Rt Inc Tr COM 091941104 434 35,393 SH   SOLE 1 35,393 0 0
Blackrock Global Enrg & Res COM 09250U101 1,382 123,437 SH   SOLE 1 123,437 0 0
Blackrock Invt Quality Muni COM 09247D105 1,556 99,997 SH   SOLE 1 99,997 0 0
Blackrock Limited Duration Income Trust COM 09249W101 5,721 366,057 SH   SOLE 1 347,178 0 18,879
BlackRock Long-Tm Muni Adv Tst COM 09250B103 140 11,069 SH   SOLE 1 11,069 0 0
BlackRock Multi-Sector Inc Tst COM 09258A107 5,165 301,005 SH   SOLE 1 301,005 0 0
Blackrock Mun Income Trust II COM 09249N101 86 5,760 SH   SOLE 1 5,760 0 0
BlackRock Muni Income Inv Qual COM 09250G102 434 30,234 SH   SOLE 1 30,234 0 0
BlackRock Muni Target Term Tr COM 09257P105 504 21,298 SH   SOLE 1 21,298 0 0
BlackRock Municipal Bond Trust COM 09249H104 162 10,480 SH   SOLE 1 10,480 0 0
Blackrock Municipal Income Trust COM 09248F109 779 55,141 SH   SOLE 1 55,141 0 0
Blackrock Munienhanced Fund COM 09253Y100 1,112 98,081 SH   SOLE 1 98,081 0 0
BlackRock MuniHoldings Fd II COM 09253P109 394 26,145 SH   SOLE 1 26,145 0 0
BlackRock MuniHoldings Fd Inc COM 09253N104 570 34,728 SH   SOLE 1 34,728 0 0
Blackrock Muniholdings In Ii COM 09254C107 829 64,908 SH   SOLE 1 64,908 0 0
Blackrock Muniholdings Insur COM 09254P108 106 7,861 SH   SOLE 1 0 0 7,861
Blackrock Muniholdings Ny In COM 09255C106 1,406 103,342 SH   SOLE 1 103,342 0 0
Blackrock Muniholdings Quality COM 09254A101 536 41,877 SH   SOLE 1 41,877 0 0
Blackrock Munivest Fund COM 09253R105 1,890 205,442 SH   SOLE 1 205,442 0 0
Blackrock Muniyield Fund COM 09253W104 664 44,598 SH   SOLE 1 44,598 0 0
Blackrock Muniyield Insured COM 09254E103 2,081 153,389 SH   SOLE 1 144,771 0 8,618
BlackRock MuniYield Inv Qual COM 09254T100 500 36,102 SH   SOLE 1 36,102 0 0
BlackRock MuniYield Invest Fd COM 09254R104 296 20,695 SH   SOLE 1 20,695 0 0
Blackrock Muniyield Ny Insur COM 09255E102 336 25,700 SH   SOLE 1 25,700 0 0
Blackrock Muniyield Qual Ii COM 09254G108 1,895 146,102 SH   SOLE 1 146,102 0 0
Blackrock Muniyield Quality COM 09254F100 2,492 165,681 SH   SOLE 1 165,681 0 0
BlackRock NY Muni Income Trust COM 09248L106 296 20,928 SH   SOLE 1 20,928 0 0
BlackRock Strategic Muni Trust COM 09248T109 955 66,426 SH   SOLE 1 66,426 0 0
Boston Properties Inc. COM 101121101 222,470 1,715,795 SH   SOLE 1 677,862 0 1,037,933
Boyd Gaming Corp. COM 103304101 177,323 7,403,879 SH   SOLE 1, 2 6,251,795 0 1,152,084
Bp Midstream Partners Lp COM 0556EL109 8,195 561,271 SH   SOLE 1 561,271 0 0
BRF - Brasil Foods SA ADR ADR 10552T107 3,505 382,684 SH   SOLE 1 382,684 0 0
Broadcom Inc COM 11135F101 4,296 15,563 SH   SOLE 1 14,387 0 1,176
Bunge Limited COM G16962105 4,091 72,259 SH   SOLE 1 72,259 0 0
Calamos Convertible & High Income Fund COM 12811P108 6,953 632,119 SH   SOLE 1 570,122 0 61,997
Calamos Convertible Opp&Inc COM 128117108 5,619 539,805 SH   SOLE 1 539,805 0 0
Calamos Dynamic Convertible & Income Fund COM 12811V105 2,457 121,942 SH   SOLE 1 121,942 0 0
Camden Property Trust COM 133131102 530 4,770 SH   SOLE 1 4,770 0 0
CBRE Clarion Global Real Estate Income Fund COM 12504G100 2,785 352,054 SH   SOLE 1 352,054 0 0
CBRE Group Inc. COM 12504L109 179,812 3,392,044 SH   SOLE 1 2,925,966 0 466,078
Celanese Corporation COM 150870103 1,679 13,727 SH   SOLE 1 13,060 0 667
CenterPoint Energy Inc. COM 15189T107 65,958 2,185,481 SH   SOLE 1, 2 2,093,896 0 91,585
CF Industries Holdings Inc. COM 125269100 6,336 128,786 SH   SOLE 1 128,786 0 0
Cheniere Energy Inc. COM 16411R208 122,295 1,939,346 SH   SOLE 1, 2 1,810,263 0 129,083
Chevron Corporation COM 166764100 10,013 84,428 SH   SOLE 1 84,428 0 0
Chubb Ltd COM H1467J104 3,726 23,080 SH   SOLE 1 21,130 0 1,950
Cia De Saneamento Basico ADR ADR 20441A102 4,551 383,099 SH   SOLE 1 383,099 0 0
Cisco Systems Inc. COM 17275R102 4,240 85,821 SH   SOLE 1 79,125 0 6,696
Clough Global Allocation Fd COM 18913Y103 769 70,832 SH   SOLE 1 70,832 0 0
Clough Global Equity Fund COM 18914C100 214 18,643 SH   SOLE 1 18,643 0 0
CMS Energy Corporation COM 125896100 86,301 1,349,500 SH   SOLE 1, 2 1,285,619 0 63,881
CNX Midstream Partners LP COM 12654A101 8,680 615,582 SH   SOLE 1 615,582 0 0
Colgate-Palmolive Company COM 194162103 1,463 19,900 SH   SOLE 1 13,833 0 6,067
Columbia Property Trust Inc. COM 198287203 190,762 9,019,491 SH   SOLE 1, 2 7,885,933 0 1,133,558
Columbia Selig Prem Tech Equity COM 19842X109 3,456 163,783 SH   SOLE 1 163,783 0 0
Concho Resources Inc. COM 20605P101 4,749 69,936 SH   SOLE 1 69,936 0 0
Conocophillips COM 20825C104 3,360 58,975 SH   SOLE 1 58,975 0 0
Consumer Discretionary Selt COM 81369Y407 6,483 53,710 SH   SOLE 1 53,710 0 0
Cousins Properties Inc. COM 222795502 124,661 3,316,341 SH   SOLE 1 0 0 3,316,341
Crestwood Equity Partners LP COM 226344208 5,427 148,636 SH   SOLE 1 148,636 0 0
CrossAmerica Partners LP COM 22758A105 1,569 91,998 SH   SOLE 1 91,998 0 0
Crown Castle International Corp 6.875 Pfd A PFD 22822V309 25,686 20,300 SH   SOLE 1 20,300 0 0
Crown Castle International Corp. COM 22822V101 1,301,998 9,366,216 SH   SOLE 1, 2 9,333,227 0 32,989
CubeSmart COM 229663109 107,984 3,094,096 SH   SOLE 1 2,959,533 0 134,563
CVS Health Corporation COM 126650100 2,831 44,883 SH   SOLE 1 39,288 0 5,595
CyrusOne Inc COM 23283R100 1,026,348 12,975,319 SH   SOLE 1, 2 9,078,800 0 3,896,519
Danaher Corporation COM 235851102 1,913 13,247 SH   SOLE 1 12,489 0 758
DCP Midstream Partners LP COM 23311P100 3,643 138,982 SH   SOLE 1 138,982 0 0
Deere & Company COM 244199105 8,976 53,211 SH   SOLE 1 53,211 0 0
Delta Air Lines Inc. COM 247361702 21 361 SH   SOLE 1 361 0 0
Dexcom Inc COM 252131107 911 6,104 SH   SOLE 1 6,104 0 0
Diamondback Energy Inc COM 25278X109 4,446 49,451 SH   SOLE 1 48,287 0 1,164
Digital Realty Trust Inc. COM 253868103 280,567 2,161,367 SH   SOLE 1, 2 978,562 0 1,182,805
Dollar Tree Inc. COM 256746108 4,048 35,460 SH   SOLE 1 30,480 0 4,980
Doubleline Income Solutions COM 258622109 4,426 222,172 SH   SOLE 1 194,011 0 28,161
Douglas Emmett Inc. COM 25960P109 282,179 6,588,359 SH   SOLE 1 3,781,090 0 2,807,269
Dte Energy Company COM 233331107 82,907 623,547 SH   SOLE 1, 2 619,585 0 3,962
Duke Energy Corporation COM 26441C204 80,603 840,844 SH   SOLE 1, 2 785,065 0 55,779
Duke Realty Corporation COM 264411505 630,372 18,556,724 SH   SOLE 1, 2 10,023,160 0 8,533,564
Eaton Corporation plc COM G29183103 222 2,671 SH   SOLE 1 0 0 2,671
Eaton Vance Insured Muni Bnd COM 27827X101 393 30,352 SH   SOLE 1 30,352 0 0
Eaton Vance Limited Duration Fund COM 27828H105 8,277 662,160 SH   SOLE 1 617,549 0 44,611
Eaton Vance Muni Income Trust COM 27826U108 1,959 152,110 SH   SOLE 1 152,110 0 0
Eaton Vance Senior Income Trust COM 27826S103 2,575 420,726 SH   SOLE 1 391,984 0 28,742
Eaton Vance Sr Fltg Rate Trust COM 27828Q105 4,619 354,197 SH   SOLE 1 346,356 0 7,841
Eaton Vance T/A Global Dividend Income COM 27828S101 9,127 554,524 SH   SOLE 1 554,524 0 0
Eaton Vance Tax Man Global Br COM 27829C105 2,917 301,950 SH   SOLE 1 301,950 0 0
Eaton Vance Tax-Adv Dvd. Inc. Fund COM 27828G107 8,056 327,889 SH   SOLE 1 314,074 0 13,815
Eaton Vance Tax-Managed Dividend COM 27828N102 2,153 180,948 SH   SOLE 1 164,952 0 15,996
Eaton Vance Tax-Managed Global COM 27829F108 7,005 852,206 SH   SOLE 1 852,206 0 0
Ecolab Inc. COM 278865100 114 575 SH   SOLE 1 0 0 575
Edison International COM 281020107 104,495 1,385,506 SH   SOLE 1, 2 1,325,153 0 60,353
Empire State Realty Trust COM 292104106 273,377 19,157,487 SH   SOLE 1, 2 16,521,141 0 2,636,346
Enable Midstream Partners LP COM 292480100 17,043 1,416,703 SH   SOLE 1 1,416,703 0 0
Enbridge Inc COM 29250N105 2,748 78,341 SH   SOLE 1 78,341 0 0
Energy Transfer LP COM 29273V100 107,980 8,255,369 SH   SOLE 1 8,170,899 0 84,470
Enlink Midstream LLC COM 29336T100 17,882 2,103,714 SH   SOLE 1 2,103,714 0 0
Enterprise Products Partners COM 293792107 125,386 4,387,199 SH   SOLE 1 4,325,483 0 61,716
Entertainment Properties Trust Pfd. E PFD 26884U307 8,963 231,000 SH   SOLE 1 231,000 0 0
EOG Resources Inc. COM 26875P101 12,040 162,215 SH   SOLE 1 160,568 0 1,647
EQT Midstream Partners LP COM 26885B100 8,310 254,135 SH   SOLE 1 254,135 0 0
Equinix Inc. COM 29444U700 2,004,156 3,474,612 SH   SOLE 1, 2 2,189,477 0 1,285,135
Equitrans Midstream Corp-W/I COM 294600101 21,989 1,511,252 SH   SOLE 1 1,511,252 0 0
Equity Lifestyle Properties COM 29472R108 33,222 248,664 SH   SOLE 1 88,069 0 160,595
Equity Residential COM 29476L107 982,143 11,385,846 SH   SOLE 1, 2 8,121,188 0 3,264,658
Essential Properties Realty COM 29670E107 151,920 6,631,179 SH   SOLE 1 5,928,906 0 702,273
Essex Property Trust Inc. COM 297178105 1,648,428 5,046,466 SH   SOLE 1, 2 2,917,571 0 2,128,895
Evergy Inc COM 30034W106 75,836 1,139,359 SH   SOLE 1, 2 1,073,195 0 66,164
Eversource Energy COM 30040W108 230 2,696 SH   SOLE 2 0 0 2,696
Extended Stay America Inc. COM 30224P200 33,702 2,302,079 SH   SOLE 1 2,231,212 0 70,867
Extra Space Storage Inc. COM 30225T102 922,575 7,897,402 SH   SOLE 1, 2 4,769,097 0 3,128,305
Exxon Mobil Corporation COM 30231G102 438 6,200 SH   SOLE 1 6,200 0 0
Federal Realty Investment Trust COM 313747206 53,030 389,526 SH   SOLE 1 6,326 0 383,200
FedEx Corporation COM 31428X106 32 221 SH   SOLE 1 221 0 0
Financial Select Sector SPDR COM 81369Y605 5,017 179,180 SH   SOLE 1 179,180 0 0
First Trust Aberdeen Global Fund COM 337319107 829 78,500 SH   SOLE 1 78,500 0 0
First Trust Energy Income and Growth Fund COM 33738G104 8,778 387,373 SH   SOLE 1 378,449 0 8,924
First Trust Intermediate Duration Pref & Inc Fund COM 33718W103 1,619 68,475 SH   SOLE 1 68,475 0 0
First Trust MLP and Energy Inc COM 33739B104 4,792 417,383 SH   SOLE 1 417,383 0 0
First Trust New Opportunites MLP COM 33739M100 6,792 727,954 SH   SOLE 1 727,954 0 0
Firstenergy Corp. COM 337932107 200,082 4,148,503 SH   SOLE 1, 2 3,948,230 0 200,273
Flah & Crum/Claymore Preferred S I COM 338478100 6,015 287,091 SH   SOLE 1 248,931 0 38,160
Flah & Crum/Claymore Total Return Fund COM 338479108 467 20,825 SH   SOLE 1 0 0 20,825
Flaherty & Crumrine Dynamic COM 33848W106 8,432 323,050 SH   SOLE 1 287,678 0 35,372
Flaherty & Crumrine Preferred Income Fund Inc COM 338480106 1,062 71,121 SH   SOLE 1 71,121 0 0
FMC Corporation COM 302491303 10,945 124,834 SH   SOLE 1 124,834 0 0
Four Corners Property Trust COM 35086T109 56,687 2,004,489 SH   SOLE 1 1,235,798 0 768,691
Franklin Limited Duration Income Trust COM 35472T101 2,089 224,401 SH   SOLE 1 209,168 0 15,233
Gabelli Dividend & Income Trust COM 36242H104 9,787 455,014 SH   SOLE 1 434,720 0 20,294
Gabelli Equity Trust COM 362397101 3,593 600,768 SH   SOLE 1 555,829 0 44,939
Gabelli Global Healthcare & WellnessRx Trust COM 36246K103 1,231 118,167 SH   SOLE 1 118,167 0 0
Gaming and Leisure Prop COM 36467J108 1,396 36,502 SH   SOLE 1 29,626 0 6,876
GasLog Ltd. COM G37585109 7,549 587,476 SH   SOLE 1 587,476 0 0
GasLog Partners LP COM Y2687W108 6,680 351,938 SH   SOLE 1 351,938 0 0
General American Investors COM 368802104 365 10,050 SH   SOLE 1 10,050 0 0
Genesis Energy LP COM 371927104 3,834 178,555 SH   SOLE 1 178,555 0 0
Golar LNG Ltd COM G9456A100 2,223 171,149 SH   SOLE 1 171,149 0 0
Grupo Aeroportuario PAC - ADR ADR 400506101 19,388 200,870 SH   SOLE 1, 2 151,919 0 48,951
Guggenheim Build America COM 401664107 342 14,301 SH   SOLE 1 0 0 14,301
HCP Inc. COM 40414L109 11,888 333,653 SH   SOLE 1 178,816 0 154,837
Healthcare Trust of America COM 42225P501 979 33,334 SH   SOLE 1 33,334 0 0
Highwoods Properties Inc. COM 431284108 907 20,183 SH   SOLE 1 20,183 0 0
Host Hotels & Resorts Inc. COM 44107P104 76,408 4,419,204 SH   SOLE 1 2,309,026 0 2,110,178
HSBC Holdings PLC 6.20 Pfd. A PFD 404280604 350 13,317 SH   SOLE 1 13,317 0 0
Hudson Pacific Properties COM 444097109 631,518 18,873,825 SH   SOLE 1 12,274,042 0 6,599,783
I Shares Gold Trust COM 464285105 15,932 1,129,945 SH   SOLE 1 1,129,945 0 0
Industrial Logistics Propert COM 456237106 89,866 4,228,991 SH   SOLE 1 3,831,533 0 397,458
Intel Corporation COM 458140100 334 6,486 SH   SOLE 1 0 0 6,486
Intercontinental Exchange Inc. COM 45866F104 366 3,970 SH   SOLE 1 0 0 3,970
Interxion Holding Nv COM N47279109 230,093 2,824,615 SH   SOLE 1, 2 2,485,647 0 338,968
Invesco Van Kampen Muni Trust COM 46131J103 1,377 109,181 SH   SOLE 1 109,181 0 0
Invitation Homes Inc COM 46187W107 1,200,222 40,534,354 SH   SOLE 1, 2 25,063,183 0 15,471,171
iShares MSCI Emerging Market COM 464287234 3,277 80,190 SH   SOLE 1 80,190 0 0
iShares Nasdaq Biotechnology COM 464287556 3,153 31,691 SH   SOLE 1 31,691 0 0
iShares U.S. Preferred Stock ETF COM 464288687 17,858 475,844 SH   SOLE 1 475,844 0 0
John Hancock Bank and Thrift Opportunity Fund COM 409735206 3,623 112,635 SH   SOLE 1 112,635 0 0
John Hancock Preferred Income Fund COM 41013W108 787 32,581 SH   SOLE 1 0 0 32,581
John Hancock Preferred Income III COM 41021P103 4,448 222,291 SH   SOLE 1 222,291 0 0
John Hancock T/A Dividend Income Fund COM 41013V100 10,769 378,668 SH   SOLE 1 378,668 0 0
Johnson & Johnson COM 478160104 3,308 25,567 SH   SOLE 1 22,407 0 3,160
JPMorgan Chase & Co. COM 46625H100 2,387 20,280 SH   SOLE 1 18,891 0 1,389
Kayne Anderson MidstreamEnergy COM 48661E108 2,350 217,003 SH   SOLE 1 217,003 0 0
Kayne Anderson MLP Investment COM 486606106 13,979 966,718 SH   SOLE 1 966,718 0 0
Kilroy Realty Corp. COM 49427F108 887,943 11,399,963 SH   SOLE 1, 2 7,259,154 0 4,140,809
Kimco Realty Corporation COM 49446R109 164,500 7,878,360 SH   SOLE 1, 2 6,279,348 0 1,599,012
Kinder Morgan Inc. COM 49456B101 41,546 2,015,807 SH   SOLE 1, 2 1,786,640 0 229,167
Laboratory Corporation of America Holdings COM 50540R409 3,221 19,171 SH   SOLE 1 17,027 0 2,144
Lamar Advertising Co COM 512816109 130,231 1,589,535 SH   SOLE 1 329,193 0 1,260,342
Legg Mason BW Global Income COM 10537L104 4,359 360,282 SH   SOLE 1 339,519 0 20,763
Lexington Realty Trust Pfd. C PFD 529043309 12,937 225,032 SH   SOLE 1 164,231 0 60,801
Liberty Property Trust COM 531172104 193,618 3,772,031 SH   SOLE 1 3,658,558 0 113,473
Life Storage Inc. COM 53223X107 656 6,226 SH   SOLE 1 6,226 0 0
LMP Corp.orate Loan Fund Inc. COM 95790J102 964 101,570 SH   SOLE 1 101,570 0 0
Luckin Coffee Inc ADR 54951L109 1,579 83,079 SH   SOLE 1 83,079 0 0
Magellan Midstream Partners COM 559080106 33 499 SH   SOLE 1 499 0 0
Marathon Petroleum Corporation COM 56585A102 5,413 89,111 SH   SOLE 1 86,820 0 2,291
MasterCard Incorporated COM 57636Q104 101 371 SH   SOLE 1 371 0 0
Medical Properties Trust Inc. COM 58463J304 457,879 23,408,965 SH   SOLE 1, 2 14,462,253 0 8,946,712
Medtronic plc COM G5960L103 362 3,337 SH   SOLE 1 0 0 3,337
MFS Multimarket Income Trust COM 552737108 2,835 479,675 SH   SOLE 1 450,706 0 28,969
MFS Municipal Income Trust COM 552738106 41 5,820 SH   SOLE 1 5,820 0 0
Mge Energy Inc COM 55277P104 27 342 SH   SOLE 1 342 0 0
MGM Growth Properties LLC COM 55303A105 614 20,416 SH   SOLE 1 20,416 0 0
Microchip Technology Incorporated COM 595017104 1,631 17,554 SH   SOLE 1 16,299 0 1,255
Microsoft Corporation COM 594918104 8,640 62,143 SH   SOLE 1 57,734 0 4,409
Mid-America Apartment Communities COM 59522J103 996 7,662 SH   SOLE 1 7,662 0 0
Mongodb Inc COM 60937P106 698 5,792 SH   SOLE 1 5,792 0 0
Morgan Stanley COM 617446448 2,192 51,361 SH   SOLE 1 44,657 0 6,704
Motorola Solutions Inc. COM 620076307 3,408 19,996 SH   SOLE 1 17,549 0 2,447
MPLX LP COM 55336V100 56,574 2,019,780 SH   SOLE 1 2,019,780 0 0
National Retail Properties COM 637417106 185,531 3,289,562 SH   SOLE 1 0 0 3,289,562
Neuberger Berman MLP Income COM 64129H104 3,608 501,159 SH   SOLE 1 501,159 0 0
Neuberger Berman Real Estate COM 64190A103 3,645 642,904 SH   SOLE 1 642,904 0 0
New America High Income Fund COM 641876800 5,935 672,121 SH   SOLE 1 577,651 0 94,470
Newmont Mining Corporation COM 651639106 1,713 45,184 SH   SOLE 1 45,184 0 0
NextEra Energy Inc. COM 65339F101 370,592 1,590,590 SH   SOLE 1, 2 1,503,973 0 86,617
Nextera Energy Partners LP COM 65341B106 4,013 75,953 SH   SOLE 1 75,953 0 0
NiSource Inc. COM 65473P105 21,579 721,208 SH   SOLE 1, 2 713,941 0 7,267
Noble Midstream Partners LP COM 65506L105 5,021 208,182 SH   SOLE 1 208,182 0 0
Norfolk Southern Corporation COM 655844108 139,607 777,060 SH   SOLE 1, 2 773,591 0 3,469
Northrop Grumman Corporation COM 666807102 3,893 10,387 SH   SOLE 1 9,229 0 1,158
NorthWestern Corp. COM 668074305 110,282 1,469,453 SH   SOLE 1, 2 1,414,491 0 54,962
Nucor Corporation COM 670346105 2,807 55,130 SH   SOLE 1 55,130 0 0
Nutrien Ltd COM 67077M108 14,280 286,294 SH   SOLE 1 286,294 0 0
Nuveen Calif Div Advan Muni COM 67066Y105 923 61,562 SH   SOLE 1 61,562 0 0
Nuveen Core Equity Alpha Fund COM 67090X107 8,336 581,695 SH   SOLE 1 581,695 0 0
Nuveen Dividend Adv Muni Fd 3 COM 67070X101 3,709 228,515 SH   SOLE 1 220,251 0 8,264
Nuveen Dividend Advan Muni Inc COM 67071L106 4,239 253,370 SH   SOLE 1 253,370 0 0
Nuveen Dividend Advantage Muni Fd COM 67066V101 4,610 321,061 SH   SOLE 1 321,061 0 0
Nuveen Enhanced Muni Value Fd COM 67074M101 2,154 150,176 SH   SOLE 1 150,176 0 0
Nuveen Floating Rate Income COM 67072T108 665 68,443 SH   SOLE 1 59,776 0 8,667
Nuveen Floating Rate Income Opportunity Fund COM 6706EN100 2,706 283,607 SH   SOLE 1 270,468 0 13,139
Nuveen Ins T/F Adv Municipal COM 670657105 3,897 272,342 SH   SOLE 1 258,365 0 13,977
Nuveen Mtg Opportunity Term Fund COM 67074R100 1,237 55,806 SH   SOLE 1 55,806 0 0
Nuveen Multi-Strategy Income & Growth 2 COM 67073D102 11,943 1,596,668 SH   SOLE 1 1,526,500 0 70,168
Nuveen Municipal Value Fund COM 670928100 3,379 321,527 SH   SOLE 1 316,955 0 4,572
Nuveen Nasdaq 100 Dynamic COM 670699107 2,208 99,646 SH   SOLE 1 99,646 0 0
Nuveen NY Dividend Adv Muni Fd COM 67066X107 190 13,325 SH   SOLE 1 13,325 0 0
Nuveen Preferred & Income Term Fund COM 67075A106 9,215 372,643 SH   SOLE 1 351,156 0 21,487
Nuveen Preferred Income Opportunities Fund COM 67073B106 13,530 1,346,242 SH   SOLE 1 1,258,038 0 88,204
Nuveen Real Asset Inc and Grow COM 67074Y105 3,291 187,948 SH   SOLE 1 187,948 0 0
Nuveen Real Estate Income Fund COM 67071B108 3,792 345,011 SH   SOLE 1 345,011 0 0
Nuveen Select Tax Free 2 COM 67063C106 89 5,923 SH   SOLE 1 5,923 0 0
Nuveen Short Duration Credit Fund COM 67074X107 3,854 257,268 SH   SOLE 1 247,002 0 10,266
Nuveen Tax-Adv Tot Ret Strat COM 67090H102 177 15,694 SH   SOLE 1 15,694 0 0
Nuveen Tax-Advantaged Dividend Growth Fund COM 67073G105 1,855 110,880 SH   SOLE 1 110,880 0 0
Occidental Petroleum Corporation COM 674599105 3,472 78,080 SH   SOLE 1 78,080 0 0
Old Dominion Fght Li COM 679580100 9 53 SH   SOLE 1 53 0 0
Omega Healthcare Investors COM 681936100 139,956 3,349,031 SH   SOLE 1 0 0 3,349,031
ONE Gas Inc W/I COM 68235P108 57,630 599,624 SH   SOLE 1, 2 570,689 0 28,935
Oneok Inc. COM 682680103 35,247 478,314 SH   SOLE 1 478,314 0 0
Park Hotels & Resorts INC-WI COM 700517105 633,617 25,375,130 SH   SOLE 1, 2 16,303,666 0 9,071,464
PBF Energy Inc COM 69318G106 1,240 45,613 SH   SOLE 1 45,613 0 0
PBF Logistics LP COM 69318Q104 16,437 777,140 SH   SOLE 1 777,140 0 0
Pebblebrook Hotel Trust COM 70509V100 426,115 15,316,873 SH   SOLE 1, 2 6,530,718 0 8,786,155
Pembina Pipeline Corp On Xnys COM 706327103 653 17,603 SH   SOLE 1 17,603 0 0
Pepsico Inc. COM 713448108 442 3,227 SH   SOLE 1 3,227 0 0
PG&E Corporation COM 69331C108 5,029 502,948 SH   SOLE 1, 2 502,948 0 0
Philip Morris International Inc. COM 718172109 5,402 71,145 SH   SOLE 1 65,331 0 5,814
Phillips 66 Partners LP COM 718549207 5,732 101,229 SH   SOLE 1 101,229 0 0
Physicians Realty Trust COM 71943U104 493 27,788 SH   SOLE 1 27,788 0 0
Pilgrims Pride Corporation COM 72147K108 3,769 117,604 SH   SOLE 1 117,604 0 0
PIMCO Corporate Opportunity COM 72201B101 2,093 115,378 SH   SOLE 1 99,098 0 16,280
Pimco Dynamic Credit Income COM 72202D106 21,532 879,557 SH   SOLE 1 844,222 0 35,335
Pimco Dynamic Income Fund COM 72201Y101 12,269 377,041 SH   SOLE 1 358,574 0 18,467
Pimco Income Opportunity Fund COM 72202B100 14,888 559,281 SH   SOLE 1 534,676 0 24,605
PIMCO Income Strategy Fund II COM 72201J104 14,348 1,388,932 SH   SOLE 1 1,331,172 0 57,760
Pioneer Diversified High Income COM 723653101 609 42,000 SH   SOLE 1 42,000 0 0
Pioneer Floating Rate Trust COM 72369J102 2,771 263,117 SH   SOLE 1 250,120 0 12,997
Pioneer High Income Trust COM 72369H106 4,775 517,946 SH   SOLE 1 475,771 0 42,175
Pioneer Municipal High Income Trust COM 723763108 524 42,050 SH   SOLE 1 42,050 0 0
Plains All American Pipeline LP COM 726503105 34,877 1,680,804 SH   SOLE 1 1,680,804 0 0
Plains GP Holdings LP COM 72651A207 99,887 4,704,992 SH   SOLE 1, 2 4,457,330 0 247,662
PowerShares Preferred Portfolio COM 46138E511 41,843 2,785,845 SH   SOLE 1 2,785,845 0 0
Prologis Inc. COM 74340W103 1,767,716 20,742,977 SH   SOLE 1, 2 12,279,419 0 8,463,558
Public Storage COM 74460D109 949,270 3,870,306 SH   SOLE 1, 2 2,148,633 0 1,721,673
Putnam Managed Municipal Income Trust COM 746823103 1,949 248,851 SH   SOLE 1 248,851 0 0
Putnam Muni Opportunities Tst COM 746922103 399 30,505 SH   SOLE 1 30,505 0 0
Putnam Premier Income Trust COM 746853100 1,955 371,600 SH   SOLE 1 371,600 0 0
Realty Income Corporation COM 756109104 927,401 12,094,431 SH   SOLE 1, 2 6,218,166 0 5,876,265
Reaves Utility Income Fund COM 756158101 5,910 161,037 SH   SOLE 1 146,576 0 14,461
Red Rock Resorts Inc. COM 75700L108 90,761 4,469,887 SH   SOLE 1 4,048,587 0 421,300
Regency Centers Corporation COM 758849103 410,597 5,908,717 SH   SOLE 1, 2 2,567,217 0 3,341,500
RLJ Lodging Trust COM 74965L101 463 27,278 SH   SOLE 1 27,278 0 0
Rlj Lodging Trust 1.950 Perp Sr:A Cvt PFD 74965L200 5,683 210,566 SH   SOLE 1 19,675 0 190,891
Sabra Healthcare Reit Inc COM 78573L106 665,985 29,006,307 SH   SOLE 1, 2 25,523,524 0 3,482,783
salesforce.com inc. COM 79466L302 42 281 SH   SOLE 1 281 0 0
SBA Communications Corporation COM 78410G104 1,016,921 4,216,963 SH   SOLE 1, 2 3,827,439 0 389,524
Schlumberger Ltd. COM 806857108 175 5,126 SH   SOLE 1 5,126 0 0
Semgroup Corp. COM 81663A105 1,257 76,917 SH   SOLE 1 76,917 0 0
Silver Wheaton Corp COM 962879102 1,657 63,154 SH   SOLE 1 63,154 0 0
Simon Property Group Inc. COM 828806109 1,014,030 6,514,806 SH   SOLE 1, 2 3,849,032 0 2,665,774
SITE Centers Corp COM 82981J109 484,326 32,053,318 SH   SOLE 1, 2 18,363,003 0 13,690,315
Sjw Corp COM 784305104 55 810 SH   SOLE 1 810 0 0
Source Capital Inc. COM 836144105 1,008 27,604 SH   SOLE 1 27,604 0 0
Southwest Gas Holdings Inc. COM 844895102 46 504 SH   SOLE 1 504 0 0
Spdr Gold Minishares Trust COM 98149E204 15,366 1,045,300 SH   SOLE 1 1,045,300 0 0
SPDR S&P Bank ETF COM 78464A797 1,451 33,625 SH   SOLE 1 33,625 0 0
SPDR Trust Series 1 COM 78462F103 12,091 40,743 SH   SOLE 1 40,743 0 0
Spire Inc. COM 84857L101 17 197 SH   SOLE 1 197 0 0
Spirit Realty Capital COM 84860W300 359,400 7,509,395 SH   SOLE 1 6,910,050 0 599,345
Spirit Realty Capital In 3.750 05/15/21 Cvt CORP BOND 84860WAB8 3,115 3,040,000 SH   SOLE 1 2,325,000 0 715,000
Sprague Resources COM 849343108 2,253 127,271 SH   SOLE 1 127,271 0 0
Sprott Physical Gold And Silver Trust COM 85208R101 14,383 1,015,031 SH   SOLE 1 1,015,031 0 0
Sprott Physical Platin and Pal COM 85207Q104 1,795 140,229 SH   SOLE 1 140,229 0 0
Summit Midstream Partners Lp COM 866142102 2,023 416,275 SH   SOLE 1 416,275 0 0
Sun Communities Inc. COM 866674104 975,214 6,569,311 SH   SOLE 1, 2 4,219,482 0 2,349,829
Sunstone Hotel Investors Inc. COM 867892101 45,483 3,310,282 SH   SOLE 1 1,593,174 0 1,717,108
Taiwan Semiconductors ADR ADR 874039100 2,033 43,744 SH   SOLE 1 43,744 0 0
Tallgrass Energy GP LP COM 874696107 3,047 151,267 SH   SOLE 1 151,267 0 0
Targa Resources Corp. COM 87612G101 59,385 1,478,347 SH   SOLE 1, 2 1,407,352 0 70,995
Taubman Centers Inc. COM 876664103 228,361 5,592,980 SH   SOLE 1, 2 4,977,499 0 615,481
TC Energy Corp COM 87807B107 1,658 32,010 SH   SOLE 1 32,010 0 0
TE Connectivity Ltd. COM H84989104 222 2,384 SH   SOLE 1 0 0 2,384
Tekla Healthcare Investors COM 87911J103 3,003 163,743 SH   SOLE 1 163,743 0 0
Tekla Healthcare Opportunities Fund COM 879105104 3,613 206,932 SH   SOLE 1 206,932 0 0
Tekla Life Sciences Investors COM 87911K100 3,047 201,774 SH   SOLE 1 201,774 0 0
Tekla World Healthcare Fund COM 87911L108 2,480 184,496 SH   SOLE 1 184,496 0 0
Teleflex Inc. COM 879369106 1,204 3,544 SH   SOLE 1 2,910 0 634
Tellurian Inc COM 87968A104 4,189 503,835 SH   SOLE 1 503,835 0 0
Templeton Emerging Markets Fd COM 880191101 5,690 388,118 SH   SOLE 1 388,118 0 0
The American Express Co. COM 025816109 2,222 18,785 SH   SOLE 1 16,757 0 2,028
The Goldman Sachs Group Inc. COM 38141G104 149 719 SH   SOLE 1 0 0 719
The Hershey Company COM 427866108 354 2,283 SH   SOLE 1 0 0 2,283
The Home Depot Inc. COM 437076102 207 891 SH   SOLE 1 0 0 891
The Macerich Company COM 554382101 612,307 19,382,930 SH   SOLE 1, 2 13,048,120 0 6,334,810
The PNC Financial Services Group Inc. COM 693475105 109 781 SH   SOLE 1 0 0 781
The Walt Disney Company COM 254687106 3,250 24,939 SH   SOLE 1 20,634 0 4,305
The Williams Companies Inc. COM 969457100 167,123 6,946,110 SH   SOLE 1, 2 6,577,407 0 368,703
Thermo Fisher Scientific Inc. COM 883556102 2,599 8,922 SH   SOLE 1 8,124 0 798
Tortoise Energy Infrastructu COM 89147L100 708 34,599 SH   SOLE 1 34,599 0 0
Tortoise MLP Fund Inc COM 89148B101 2,854 232,186 SH   SOLE 1 222,382 0 9,804
Tyson Foods Inc. COM 902494103 36,363 422,134 SH   SOLE 1 416,024 0 6,110
UDR Inc. COM 902653104 2,068,380 42,664,614 SH   SOLE 1, 2 25,571,184 0 17,093,430
Union Pacific Corporation COM 907818108 17,935 110,726 SH   SOLE 1 110,726 0 0
United Parcel Service Inc. COM 911312106 3,651 30,471 SH   SOLE 1 27,758 0 2,713
Universal Health Services Inc. COM 913903100 253 1,702 SH   SOLE 1 0 0 1,702
Urban Edge Properties COM 91704F104 316,590 15,997,497 SH   SOLE 1 14,352,638 0 1,644,859
Urstadt Biddle Prop Pr.G PFD 917286809 8,626 339,619 SH   SOLE 1 125,000 0 214,619
USD Partners LP COM 903318103 3,369 322,353 SH   SOLE 1 322,353 0 0
Vale S.A. ADR ADR 91912E105 8,173 710,657 SH   SOLE 1 710,657 0 0
Valero Energy Corporation COM 91913Y100 1,294 15,186 SH   SOLE 1 15,186 0 0
Van Kampen Dynamic Credit Op COM 46132R104 3,163 287,251 SH   SOLE 1 257,113 0 30,138
Vanguard Reit Etf COM 922908553 27 286 SH   SOLE 1 286 0 0
Vanguard S&P 500 ETF COM 922908363 12,107 44,414 SH   SOLE 1 44,414 0 0
Vanguard Utilities Etf COM 92204A876 5,418 37,715 SH   SOLE 1 37,715 0 0
Ventas Inc. COM 92276F100 2,795 38,267 SH   SOLE 1 9,097 0 29,170
Vereit Inc COM 92339V100 865,953 88,543,239 SH   SOLE 1, 2 57,581,915 0 30,961,324
Vereit Inc 3.75 12/25/2020 CORP BOND 02917TAB0 3,043 3,000,000 SH   SOLE 1 3,000,000 0 0
Verizon Communications Inc. COM 92343V104 4,371 72,422 SH   SOLE 1 63,581 0 8,841
VICI Properties Inc. COM 925652109 1,174,613 51,859,275 SH   SOLE 1, 2 34,282,260 0 17,577,015
Visa Inc. COM 92826C839 8,396 48,810 SH   SOLE 1 45,601 0 3,209
Vornado Realty Trust COM 929042109 16,272 255,560 SH   SOLE 1 255,560 0 0
Waste Management Inc. COM 94106L109 267 2,319 SH   SOLE 1 0 0 2,319
Weingarten Realty Investors COM 948741103 131,340 4,508,738 SH   SOLE 1 4,314,094 0 194,644
Wells Fargo & Co. 7.5 PFD 949746804 1,751 1,150 SH   SOLE 1 1,150 0 0
Wells Fargo Advantage Income Fund COM 94987B105 4,520 548,598 SH   SOLE 1 526,587 0 22,011
Wells Fargo Advantage Multi-Sector Fund COM 94987D101 3,602 291,635 SH   SOLE 1 270,334 0 21,301
Welltower Inc. COM 95040Q104 2,180,798 24,057,342 SH   SOLE 1, 2 15,022,162 0 9,035,180
Western Asset Global Corp. COM 95790C107 1,673 96,067 SH   SOLE 1 88,980 0 7,087
Western Asset Global High In COM 95766B109 3,279 330,241 SH   SOLE 1 308,103 0 22,138
Western Asset High Yield Defined Opportunity Fd. COM 95768B107 3,382 223,115 SH   SOLE 1 213,026 0 10,089
Western Asset Premier Bond COM 957664105 815 57,388 SH   SOLE 1 57,388 0 0
Western Gas Equity Partners COM 958669103 26,103 1,048,738 SH   SOLE 1 1,048,738 0 0
Willis Group Holdings plc COM G96629103 2,715 14,072 SH   SOLE 1 12,283 0 1,789
Wisconsin Energy Corporation COM 92939U106 148,999 1,566,760 SH   SOLE 1, 2 1,466,028 0 100,732
Xcel Energy Inc. COM 98389B100 126,666 1,952,013 SH   SOLE 1, 2 1,824,968 0 127,045
Xpo Logistics Inc COM 983793100 44 621 SH   SOLE 1 621 0 0
ZEBRA TECHNOLOGIES Corp.-CL A COM 989207105 2,453 11,885 SH   SOLE 1 11,885 0 0