Duff & Phelps Investment Management Co

All holdings · as of Dec 31, 2025

Company	Class	Value	Shares	% of portfolio
Welltower, Inc.	—	$484.38M	2,609,690	5.5%
Prologis Inc	—	$402.94M	3,156,371	4.6%
Equinix Inc	—	$366.48M	478,333	4.2%
Digital Realty Trust Inc	—	$238.67M	1,542,710	2.7%
Ventas, Inc.	—	$199.35M	2,576,274	2.3%
Sempra	—	$184.23M	2,086,619	2.1%
XCEL ENERGY INC	—	$173.75M	2,352,387	2.0%
AVALONBAY COMMUNITIES INC	—	$170.44M	940,065	1.9%
NEXTERA ENERGY INC	—	$166.04M	2,068,314	1.9%
Simon Property Group Inc	—	$162.47M	877,686	1.8%
American Tower Corp	—	$161.15M	917,855	1.8%
American Homes 4 Rent	—	$146.26M	4,556,397	1.7%
CenterPoint Energy Inc	—	$146.12M	3,811,242	1.7%
ENTERGY CORP /DE	—	$145.99M	1,579,455	1.7%
Iron Mountain Inc	—	$131.10M	1,580,452	1.5%
NiSource Inc	—	$129.73M	3,106,606	1.5%
FIRST INDUSTRIAL REALTY TRUST INC	—	$125.10M	2,184,408	1.4%
Evergy, Inc.	—	$124.39M	1,715,935	1.4%
ALLIANT ENERGY CORP	—	$123.42M	1,898,522	1.4%
Ameren Corp	—	$120.33M	1,204,941	1.4%
MID AMERICA APARTMENT COMMUNITIES INC.	—	$118.09M	850,093	1.3%
Public Storage	—	$116.62M	449,410	1.3%
Brixmor Property Group Inc.	—	$116.17M	4,430,543	1.3%
Williams Cos Inc/The	—	$112.14M	1,865,628	1.3%
ATMOS ENERGY CORP	—	$109.35M	652,306	1.2%
SOUTHERN CO	—	$107.97M	1,238,217	1.2%
PPL Corp	—	$107.01M	3,055,621	1.2%
Crown Castle Inc	—	$105.99M	1,192,658	1.2%
Duke Energy Corp	—	$105.11M	896,780	1.2%
WEC ENERGY GROUP, INC.	—	$103.48M	981,194	1.2%
DTE ENERGY CO	—	$102.21M	792,446	1.2%
CMS ENERGY CORP	—	$101.65M	1,453,667	1.2%
Essential Properties Realty Trust, Inc.	—	$101.58M	3,424,842	1.2%
CUBESMART	—	$98.04M	2,719,631	1.1%
MPLX LPMPLX	MLP	$97.77M	1,832,003	1.1%
Targa Resources Corp	—	$96.41M	522,546	1.1%
PUBLIC SERVICE ENTERPRISE GROUP INC	—	$94.71M	1,179,391	1.1%
EQUITY LIFESTYLE PROPERTIES INC	—	$93.65M	1,545,120	1.1%
TRANSCANADA PIPELINE COM	—	$93.33M	1,696,644	1.1%
Cheniere Energy, Inc.	—	$89.90M	462,495	1.0%
OGE Energy Corp	—	$89.52M	2,096,429	1.0%
AMERICAN ELECTRIC POWER CO INC	—	$87.88M	762,162	1.0%
DOMINION ENERGY, INC	—	$87.45M	1,492,575	1.0%
ESSEX PROPERTY TRUST, INC.	—	$86.00M	328,657	1.0%
Essential Utilities, Inc.	—	$83.96M	2,188,681	1.0%
PG&E Corp	—	$83.74M	5,210,950	0.9%
Spire Inc	—	$81.33M	983,436	0.9%
AT&T INC.	—	$78.01M	3,140,500	0.9%
Ryman Hospitality Properties Inc	—	$73.45M	776,253	0.8%
AGREE REALTY CORP	—	$69.00M	957,943	0.8%