1
Portfolio
of
Investments
September
30,
2024
JRI
(Unaudited)
SHARES
DESCRIPTION  
VALUE
LONG-TERM
INVESTMENTS
-
136.1%   
(98.8%
of
Total
Investments)
136292469
COMMON
STOCKS
-
34.2%
(24.8%
of
Total
Investments)
136292469
ENERGY
-
10.9%
233,832
Enbridge
Inc
$
9,495,917
397,599
Energy
Transfer
LP
6,381,464
102,844
Enterprise
Products
Partners
LP
2,993,789
170,367
Gibson
Energy
Inc
2,797,775
33,524
Keyera
Corp
1,045,293
115,932
Kinder
Morgan
Inc
2,560,938
82,698
MPLX
LP
3,676,753
41,063
ONEOK
Inc
3,742,071
145,713
Pembina
Pipeline
Corp
6,006,507
30,332
Plains
All
American
Pipeline
LP
526,867
28,376
Plains
GP
Holdings
LP,
Class
A
524,956
13,175
TC
Energy
Corp
626,286
64,112
Williams
Cos
Inc/The
2,926,713
TOTAL
ENERGY
43,305,329
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.3%
261,572
Chartwell
Retirement
Residences
3,013,266
181,659
Sienna
Senior
Living
Inc
2,256,550
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
5,269,816
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
1.5%
664,828
Capitaland
India
Trust
599,462
71,124
Cibus
Nordic
Real
Estate
AB
publ
1,234,481
210,575
Hysan
Development
Co
Ltd
362,345
2,091,540
Sino
Land
Co
Ltd
2,284,146
2,356
Sun
Hung
Kai
Properties
Ltd
25,527
769,534
Swire
Properties
Ltd
1,565,377
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
6,071,338
TELECOMMUNICATION
SERVICES
-
1.1%
394,010
HKT
Trust
&
HKT
Ltd
503,601
175,029
Infrastrutture
Wireless
Italiane
SpA
2,152,754
2,286,696
NETLINK
NBN
TRUST
1,627,953
TOTAL
TELECOMMUNICATION
SERVICES
4,284,308
TRANSPORTATION
-
3.8%
12,754
Aena
SME
SA
2,801,741
741,469
Atlas
Arteria
Ltd
2,498,665
443,710
Aurizon
Holdings
Ltd
1,079,451
389,829
China
Merchants
Port
Holdings
Co
Ltd
617,697
522,363
Dalrymple
Bay
Infrastructure
Ltd
1,165,186
325,910
Enav
SpA
1,446,084
23,378
Grupo
Aeroportuario
del
Centro
Norte
SAB
de
CV,
ADR
1,585,496
9,488
Grupo
Aeroportuario
del
Pacifico
SAB
de
CV,
ADR
1,651,102
256,461
Transurban
Group
2,317,146
TOTAL
TRANSPORTATION
15,162,568
UTILITIES
-
15.6%
198,102
APA
Group
1,060,189
121,964
CK
Infrastructure
Holdings
Ltd
829,713
64,712
Clearway
Energy
Inc,
Class
A
1,842,351
234,082
CLP
Holdings
Ltd
2,046,441
213,512
Contact
Energy
Ltd
1,108,213
75,570
Dominion
Energy
Inc
4,367,190
30,501
Duke
Energy
Corp
3,516,765
66,415
Endesa
SA
1,450,955
818,478
Enel
SpA
6,537,836
118,157
Engie
SA
2,043,193
184,335
ENN
Energy
Holdings
Ltd
1,384,755
28,497
Entergy
Corp
3,750,490
114,703
Evergy
Inc
7,112,733
27,576
Exelon
Corp
1,118,207
203,311
Iberdrola
SA
3,143,010
Portfolio
of
Investments
September
30,
2024
(continued)
JRI
2
SHARES
DESCRIPTION  
VALUE
UTILITIES
(continued)
116,609
Italgas
SpA
$
704,910
4,737,378
Keppel
Infrastructure
Trust
1,715,393
120,453
National
Grid
PLC
1,665,022
87,870
National
Grid
PLC,
Sponsored
ADR
6,121,903
1,767
Northwestern
Energy
Group
Inc
101,108
22,793
OGE
Energy
Corp
934,969
46,163
Pennon
Group
PLC
365,368
9,952
Pinnacle
West
Capital
Corp
881,648
143,421
Redeia
Corp
SA
2,788,256
335,383
REN
-
Redes
Energeticas
Nacionais
SGPS
SA
901,595
760,407
Snam
SpA
3,873,317
6,252
Spire
Inc
420,697
171,478
Vector
Ltd
412,883
TOTAL
UTILITIES
62,199,110
TOTAL
COMMON
STOCKS
(Cost
$112,570,102)
136,292,469
PRINCIPAL  
DESCRIPTION  
RATE
MATURITY
VALUE
130180153
CORPORATE
BONDS
-
32.7%
(23.7%
of
Total
Investments)
130180153
CAPITAL
GOODS
-
0.9%
$
1,600,000
(a)
Advanced
Drainage
Systems
Inc
6.375
%
06/15/30
1,634,358
1,080,000
(a)
Chart
Industries
Inc
7.500
01/01/30
1,138,240
930,000
(a)
Trinity
Industries
Inc
7.750
07/15/28
976,118
TOTAL
CAPITAL
GOODS
3,748,716
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.4%
420,000
(a)
GFL
Environmental
Inc
6.750
01/15/31
440,510
1,125,000
(a)
Wrangler
Holdco
Corp
6.625
04/01/32
1,169,353
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
1,609,863
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.2%
705,000
(a)
LCM
Investments
Holdings
II
LLC
4.875
05/01/29
677,412
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
677,412
CONSUMER
SERVICES
-
2.0%
EUR
300,000
(b)
Accor
SA,
Reg
S
7.250
N/A
369,243
530,000
Choice
Hotels
International
Inc
5.850
08/01/34
546,566
1,500,000
(a)
Churchill
Downs
Inc
5.750
04/01/30
1,501,643
1,025,000
(a)
Hilton
Domestic
Operating
Co
Inc
5.875
03/15/33
1,044,426
760,000
(a)
Hilton
Grand
Vacations
Borrower
Escrow
LLC
/
Hilton
Grand
Vacations
Borrower
Esc
6.625
01/15/32
769,314
690,000
(a)
Light
&
Wonder
International
Inc
7.500
09/01/31
723,727
400,000
(a)
Merlin
Entertainments
Group
US
Holdings
Inc
7.375
02/15/31
401,558
1,010,000
Piedmont
Operating
Partnership
LP
9.250
07/20/28
1,130,371
695,000
(a)
Six
Flags
Entertainment
Corp
/
Six
Flags
Theme
Parks
Inc
6.625
05/01/32
719,744
690,000
(a)
Wynn
Resorts
Finance
LLC
/
Wynn
Resorts
Capital
Corp
6.250
03/15/33
699,002
TOTAL
CONSUMER
SERVICES
7,905,594
ENERGY
-
6.0%
935,000
(a)
Archrock
Partners
LP
/
Archrock
Partners
Finance
Corp
6.250
04/01/28
939,646
790,000
(a)
Archrock
Partners
LP
/
Archrock
Partners
Finance
Corp
6.625
09/01/32
810,138
1,240,000
(a)
Blue
Racer
Midstream
LLC
/
Blue
Racer
Finance
Corp
7.000
07/15/29
1,289,085
1,250,000
(a)
Buckeye
Partners
LP
6.875
07/01/29
1,280,713
1,640,000
Cheniere
Energy
Partners
LP
4.500
10/01/29
1,617,575
510,000
(a)
CNX
Midstream
Partners
LP
4.750
04/15/30
476,882
700,000
(a)
CQP
Holdco
LP
/
BIP-V
Chinook
Holdco
LLC
5.500
06/15/31
686,578
300,000
(a)
CQP
Holdco
LP
/
BIP-V
Chinook
Holdco
LLC
7.500
12/15/33
325,493
765,000
(a)
Delek
Logistics
Partners
LP
/
Delek
Logistics
Finance
Corp
8.625
03/15/29
804,892
205,000
(a)
EQM
Midstream
Partners
LP
7.500
06/01/27
210,999
CAD
515,000
Gibson
Energy
Inc
5.250
12/22/80
361,008
1,000,000
(a)
Global
Partners
LP
/
GLP
Finance
Corp
8.250
01/15/32
1,037,289
750,000
(a)
Harvest
Midstream
I
LP
7.500
05/15/32
788,882
CAD
670,000
Keyera
Corp
6.875
06/13/79
509,927
CAD
1,110,000
Keyera
Corp
5.950
03/10/81
806,427
2,685,000
ONEOK
Inc
5.050
11/01/34
2,672,763
3
PRINCIPAL  
DESCRIPTION  
RATE
MATURITY
VALUE
ENERGY
(continued)
$
915,000
(a)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
7.875
%
09/15/30
$
942,549
CAD
1,784,000
Pembina
Pipeline
Corp
4.800
01/25/81
1,230,907
731,000
(b),(c)
Plains
All
American
Pipeline
LP
(TSFR3M
+
4.372%)
9.490
N/A
727,851
780,000
(a)
Sunoco
LP
7.000
05/01/29
814,958
800,000
Targa
Resources
Corp
6.150
03/01/29
852,423
1,200,000
Targa
Resources
Corp
6.125
03/15/33
1,287,769
CAD
195,000
Transcanada
Trust
4.200
03/04/81
132,495
1,410,000
(a)
US
LIQUIDSCO0
5.584
10/01/34
1,423,563
720,000
(a)
USA
Compression
Partners
LP
/
USA
Compression
Finance
Corp
7.125
03/15/29
741,565
1,000,000
(a)
Venture
Global
Calcasieu
Pass
LLC
6.250
01/15/30
1,048,261
TOTAL
ENERGY
23,820,638
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
7.3%
1,910,000
Agree
LP
4.800
10/01/32
1,893,874
1,015,000
Alexandria
Real
Estate
Equities
Inc
5.250
05/15/36
1,032,050
995,000
American
Assets
Trust
LP
6.150
10/01/34
1,006,487
1,405,000
American
Homes
4
Rent
LP
5.500
02/01/34
1,450,789
2,075,000
American
Tower
Corp
5.500
03/15/28
2,148,933
955,000
AvalonBay
Communities
Inc
5.000
02/15/33
976,548
845,000
CubeSmart
LP
4.375
02/15/29
840,617
1,795,000
Essex
Portfolio
LP
5.500
04/01/34
1,865,952
1,830,000
Extra
Space
Storage
LP
5.700
04/01/28
1,904,620
1,740,000
Federal
Realty
OP
LP
5.375
05/01/28
1,786,844
795,000
GLP
Capital
LP
/
GLP
Financing
II
Inc
6.750
12/01/33
874,504
455,000
Kilroy
Realty
LP
6.250
01/15/36
465,868
1,320,000
Kimco
Realty
OP
LLC
4.600
02/01/33
1,309,688
1,130,000
Kite
Realty
Group
LP
5.500
03/01/34
1,164,069
908,000
Kite
Realty
Group
LP
4.000
10/01/26
895,622
1,190,000
Mid-America
Apartments
LP
5.300
02/15/32
1,238,220
444,000
MPT
Operating
Partnership
LP
/
MPT
Finance
Corp
5.000
10/15/27
398,303
1,455,000
Prologis
LP
5.000
03/15/34
1,492,023
3,000,000
(a)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
6.500
04/01/32
3,100,278
660,000
(a)
Scentre
Group
Trust
2
5.125
09/24/80
649,139
1,000,000
(a)
Uniti
Group
LP
/
Uniti
Group
Finance
Inc
/
CSL
Capital
LLC
10.500
02/15/28
1,067,406
500,000
(a)
Uniti
Group
LP
/
Uniti
Group
Finance
Inc
/
CSL
Capital
LLC
6.500
02/15/29
434,176
1,215,000
Ventas
Realty
LP
5.000
01/15/35
1,216,874
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
29,212,884
FINANCIAL
SERVICES
-
1.4%
1,480,000
(a)
HAT
Holdings
I
LLC
/
HAT
Holdings
II
LLC
8.000
06/15/27
1,567,885
1,150,000
(a)
Hunt
Cos
Inc
5.250
04/15/29
1,112,641
930,000
National
Rural
Utilities
Cooperative
Finance
Corp
7.125
09/15/53
977,037
1,445,000
(a),(d)
Starwood
Property
Trust
Inc
6.000
04/15/30
1,445,588
585,000
(a)
Starwood
Property
Trust
Inc
7.250
04/01/29
613,409
TOTAL
FINANCIAL
SERVICES
5,716,560
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.7%
900,000
(a)
CHS/Community
Health
Systems
Inc
10.875
01/15/32
991,786
600,000
(a)
LifePoint
Health
Inc
11.000
10/15/30
677,032
1,130,000
(a)
Prime
Healthcare
Services
Inc
9.375
09/01/29
1,165,576
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
2,834,394
MEDIA
&
ENTERTAINMENT
-
1.0%
1,000,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
5.125
05/01/27
984,216
1,713,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
6.375
09/01/29
1,715,030
1,200,000
(a)
DISH
Network
Corp
11.750
11/15/27
1,259,436
TOTAL
MEDIA
&
ENTERTAINMENT
3,958,682
TELECOMMUNICATION
SERVICES
-
2.0%
635,000
(a)
Iliad
Holding
SASU
6.500
10/15/26
641,922
705,000
(a)
Iliad
Holding
SASU
7.000
10/15/28
717,209
865,000
(a)
Iliad
Holding
SASU
8.500
04/15/31
930,399
1,000,000
(a)
Level
3
Financing
Inc
10.500
04/15/29
1,090,049
750,000
(a)
Level
3
Financing
Inc
4.875
06/15/29
630,000
1,000,000
(a),(d)
Sable
International
Finance
Ltd
7.125
10/15/32
1,003,750
225,000
(a),(d)
Windstream
Escrow
LLC
/
Windstream
Escrow
Finance
Corp
8.250
10/01/31
228,742
Portfolio
of
Investments
September
30,
2024
(continued)
JRI
4
PRINCIPAL  
DESCRIPTION  
RATE
MATURITY
VALUE
TELECOMMUNICATION
SERVICES
(continued)
$
500,000
(a)
Windstream
Escrow
LLC
/
Windstream
Escrow
Finance
Corp
7.750
%
08/15/28
$
500,470
1,250,000
(a)
Zayo
Group
Holdings
Inc
4.000
03/01/27
1,118,054
910,000
(a)
Zegona
Finance
PLC
8.625
07/15/29
971,425
TOTAL
TELECOMMUNICATION
SERVICES
7,832,020
TRANSPORTATION
-
1.7%
2,200,000
(a)
Brightline
East
LLC
11.000
01/31/30
1,870,103
1,000,000
(a)
Cargo
Aircraft
Management
Inc
4.750
02/01/28
958,572
2,500,000
(a)
Genesee
&
Wyoming
Inc
6.250
04/15/32
2,570,873
1,200,000
(a)
XPO
Inc
7.125
06/01/31
1,256,329
TOTAL
TRANSPORTATION
6,655,877
UTILITIES
-
9.1%
1,180,000
AEP
Transmission
Co
LLC
5.150
04/01/34
1,222,928
CAD
1,425,000
AltaGas
Ltd
7.350
08/17/82
1,091,480
CAD
1,305,000
AltaGas
Ltd
5.250
01/11/82
890,366
1,835,000
Ameren
Illinois
Co
4.950
06/01/33
1,887,766
500,000
(a)
Calpine
Corp
5.125
03/15/28
493,046
1,025,000
CenterPoint
Energy
Houston
Electric
LLC
5.200
10/01/28
1,065,637
2,500,000
(a)
Clearway
Energy
Operating
LLC
4.750
03/15/28
2,453,104
985,000
CMS
Energy
Corp
3.750
12/01/50
860,320
1,025,000
DTE
Electric
Co
5.200
03/01/34
1,073,051
1,065,000
Duke
Energy
Progress
LLC
5.100
03/15/34
1,110,954
649,000
(a)
Ferrellgas
LP
/
Ferrellgas
Finance
Corp
5.375
04/01/26
647,492
1,125,000
(a)
Ferrellgas
LP
/
Ferrellgas
Finance
Corp
5.875
04/01/29
1,052,764
730,000
Florida
Power
&
Light
Co
4.800
05/15/33
747,251
3,040,000
(a)
ITC
Holdings
Corp
4.950
09/22/27
3,085,475
580,000
(a)
NextEra
Energy
Operating
Partners
LP
7.250
01/15/29
611,540
420,000
(a)
NextEra
Energy
Operating
Partners
LP
4.500
09/15/27
410,340
GBP
1,210,000
NGG
Finance
PLC,
Reg
S
5.625
06/18/73
1,615,494
1,183,000
NRG
Energy
Inc
6.625
01/15/27
1,184,695
675,000
(a)
NRG
Energy
Inc
5.250
06/15/29
672,759
925,000
OGE
Energy
Corp
5.450
05/15/29
963,445
1,520,000
Pacific
Gas
and
Electric
Co
6.150
01/15/33
1,631,739
805,000
(a)
Pattern
Energy
Operations
LP
/
Pattern
Energy
Operations
Inc
4.500
08/15/28
778,747
898,000
PPL
Capital
Funding
Inc
7.530
03/30/67
886,026
615,000
Public
Service
Electric
and
Gas
Co
5.200
03/01/34
645,415
1,090,000
Public
Service
Enterprise
Group
Inc
5.850
11/15/27
1,141,642
580,000
(a)
RWE
Finance
US
LLC
6.250
04/16/54
608,311
1,325,000
(a)
RWE
Finance
US
LLC
5.875
04/16/34
1,385,315
GBP
1,075,000
(b)
SSE
PLC,
Reg
S
3.740
N/A
1,404,062
275,000
(a)
Superior
Plus
LP
/
Superior
General
Partner
Inc
4.500
03/15/29
260,740
1,435,000
(a)
TerraForm
Power
Operating
LLC
4.750
01/15/30
1,373,350
1,410,000
(a)
Vistra
Operations
Co
LLC
7.750
10/15/31
1,518,003
1,370,000
Wisconsin
Power
and
Light
Co
5.375
03/30/34
1,434,256
TOTAL
UTILITIES
36,207,513
TOTAL
CORPORATE
BONDS
(Cost
$126,732,152)
130,180,153
SHARES  
DESCRIPTION  
VALUE
130039704
REAL
ESTATE
INVESTMENT
TRUST
COMMON
STOCKS
-
32.6%
(23.7%
of
Total
Investments)
130039704
DATA
CENTER
REITS
-
0.4%
55,518
Digital
Realty
Trust
Inc
1,383,509
TOTAL
DATA
CENTER
REITS
1,383,509
DIVERSIFIED
REITS
-
3.4%
88,432
Armada
Hoffler
Properties
Inc
957,719
353,047
British
Land
Co
PLC/The
2,057,119
146,451
Charter
Hall
Long
Wale
REIT
403,427
677,614
GPT
Group/The
2,323,417
382,520
Growthpoint
Properties
Australia
Ltd
703,913
27,589
ICADE
818,270
41,762
Merlin
Properties
Socimi
SA
529,371
5
SHARES  
DESCRIPTION  
VALUE
DIVERSIFIED
REITS
(continued)
57,544
Sila
Realty
Trust
Inc
$
1,455,288
6,075
Star
Asia
Investment
Corp
2,254,041
184,774
Stockland
666,452
1,369
United
Urban
Investment
Corp
1,316,318
TOTAL
DIVERSIFIED
REITS
13,485,335
HEALTH
CARE
REITS
-
3.4%
39,220
American
Healthcare
REIT
Inc
1,023,642
3,579,423
Assura
PLC
2,031,200
11,440
CareTrust
REIT
Inc
353,038
68,700
Community
Healthcare
Trust
Inc
1,246,905
199,508
Healthpeak
Properties
Inc
4,562,748
91,692
Omega
Healthcare
Investors
Inc
3,731,865
39,639
Sabra
Health
Care
REIT
Inc
737,682
TOTAL
HEALTH
CARE
REITS
13,687,080
HOTEL
&
RESORT
REITS
-
1.2%
199,216
Apple
Hospitality
REIT
Inc
2,958,358
47,046
Host
Hotels
&
Resorts
Inc
828,009
8,155
Ryman
Hospitality
Properties
Inc
874,542
TOTAL
HOTEL
&
RESORT
REITS
4,660,909
INDUSTRIAL
REITS
-
6.4%
8,099
ARGAN
SA
664,026
727,153
Centuria
Industrial
REIT
1,603,959
80,720
Dream
Industrial
Real
Estate
Investment
Trust
861,841
1,005,422
(a)
FIBRA
Macquarie
Mexico
1,607,450
783,715
Frasers
Logistics
&
Commercial
Trust
698,431
1,297
GLP
J-Reit
1,198,714
1,237
LaSalle
Logiport
REIT
1,235,995
1,122,094
LondonMetric
Property
PLC
3,085,068
273,549
LXP
Industrial
Trust
2,749,168
1,147,760
Mapletree
Industrial
Trust
2,168,882
2,000,983
Mapletree
Logistics
Trust
2,271,401
7,008
Montea
NV
582,648
326,167
Nexus
Industrial
REIT
2,124,686
296,194
Prologis
Property
Mexico
SA
de
CV
968,911
500,597
Tritax
Big
Box
REIT
PLC
1,068,450
561,912
Urban
Logistics
REIT
PLC
948,075
67,843
Warehouses
De
Pauw
CVA
1,810,375
TOTAL
INDUSTRIAL
REITS
25,648,080
MORTGAGE
REITS
-
0.4%
48,709
Blackstone
Mortgage
Trust
Inc,
Class
A
925,958
37,088
Starwood
Property
Trust
Inc
755,853
TOTAL
MORTGAGE
REITS
1,681,811
MULTI-FAMILY
RESIDENTIAL
REITS
-
1.2%
2,311
Daiwa
Securities
Living
Investments
Corp
1,565,602
1,768,627
(e)
Home
Reit
PLC
2,365
49,942
UDR
Inc
2,264,370
70,419
UNITE
Group
PLC/The
886,868
TOTAL
MULTI-FAMILY
RESIDENTIAL
REITS
4,719,205
OFFICE
REITS
-
2.8%
10,088
BXP
Inc
811,681
63,465
COPT
Defense
Properties
1,924,893
15,442
Dexus
80,571
8,407
Equity
Commonwealth
212,278
18,786
Gecina
SA
2,163,008
1,884
KDX
Realty
Investment
Corp
1,985,123
33,396
Kilroy
Realty
Corp
1,292,425
46,594
NSI
NV
1,068,441
349
Orix
JREIT
Inc
372,772
78,178
Postal
Realty
Trust
Inc,
Class
A
1,144,526
TOTAL
OFFICE
REITS
11,055,718
Portfolio
of
Investments
September
30,
2024
(continued)
JRI
6
SHARES  
DESCRIPTION  
VALUE
OTHER
SPECIALIZED
REITS
-
2.5%
73,144
Four
Corners
Property
Trust
Inc
$
2,143,851
119,312
Gaming
and
Leisure
Properties
Inc
6,138,602
50,161
VICI
Properties
Inc
1,670,863
TOTAL
OTHER
SPECIALIZED
REITS
9,953,316
REAL
ESTATE
OPERATING
COMPANIES
-
0.6%
1,879,383
Sirius
Real
Estate
Ltd
2,451,059
TOTAL
REAL
ESTATE
OPERATING
COMPANIES
2,451,059
RETAIL
REITS
-
9.2%
803,374
CapitaLand
Integrated
Commercial
Trust
1,320,491
400,543
Charter
Hall
Retail
REIT
996,499
129,692
Choice
Properties
Real
Estate
Investment
Trust
1,450,878
125,793
Crombie
Real
Estate
Investment
Trust
1,473,297
128,870
CT
Real
Estate
Investment
Trust
1,514,100
711,146
Fortune
Real
Estate
Investment
Trust
403,675
1,316,004
Frasers
Centrepoint
Trust
2,351,331
306,969
Hammerson
PLC
1,304,875
89,417
Kimco
Realty
Corp
2,076,263
340,050
Link
REIT
1,695,238
99,561
NETSTREIT
Corp
1,645,743
40,754
NNN
REIT
Inc
1,976,161
186,742
Primaris
Real
Estate
Investment
Trust
2,257,556
110,881
Realty
Income
Corp
7,032,073
68,521
RioCan
Real
Estate
Investment
Trust
1,032,539
24,262
Simon
Property
Group
Inc
4,100,763
952,848
Vicinity
Ltd
1,451,789
860,261
Waypoint
REIT
Ltd
1,564,363
66,812
Wereldhave
NV
1,106,914
TOTAL
RETAIL
REITS
36,754,548
SELF-STORAGE
REITS
-
0.5%
40,460
CubeSmart
2,177,962
TOTAL
SELF-STORAGE
REITS
2,177,962
SINGLE-FAMILY
RESIDENTIAL
REITS
-
0.3%
45,701
American
Homes
4
Rent
1,144,810
TOTAL
SINGLE-FAMILY
RESIDENTIAL
REITS
1,144,810
TELECOM
TOWER
REITS
-
0.3%
10,422
Crown
Castle
Inc
1,236,362
TOTAL
TELECOM
TOWER
REITS
1,236,362
TOTAL
REAL
ESTATE
INVESTMENT
TRUST
COMMON
STOCKS
(Cost
$118,394,115)
130,039,704
PRINCIPAL
DESCRIPTION  
RATE
MATURITY
VALUE
68909044
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
17.3%
(12.6%
of
Total
Investments)
68909044
ENERGY
-
7.5%
$
2,810,000
Enbridge
Inc
6.000
%
01/15/77
2,812,383
1,530,000
Enbridge
Inc
6.250
03/01/78
1,528,568
696,000
Enbridge
Inc
5.750
07/15/80
683,359
2,305,000
Enbridge
Inc
5.500
07/15/77
2,241,678
1,260,000
Enbridge
Inc
7.625
01/15/83
1,345,887
930,000
Enbridge
Inc
8.500
01/15/84
1,040,203
648,000
Energy
Transfer
LP
7.125
10/01/54
662,685
580,000
Energy
Transfer
LP
8.000
05/15/54
624,062
1,184,000
(c)
Energy
Transfer
LP
(TSFR3M
+
3.279%)
8.527
11/01/66
1,123,118
1,451,000
(b)
Energy
Transfer
LP
7.125
N/A
1,482,233
595,000
(b)
Energy
Transfer
LP
6.500
N/A
593,577
2,260,000
Enterprise
Products
Operating
LLC
5.375
02/15/78
2,159,037
2,920,000
Enterprise
Products
Operating
LLC
5.250
08/16/77
2,880,277
CAD
780,000
Inter
Pipeline
Ltd/AB
6.625
11/19/79
578,150
725,000
(a)
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7.625
03/01/55
751,354
378,000
(a)
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7.500
03/01/55
397,132
7
PRINCIPAL  
DESCRIPTION  
RATE
MATURITY
VALUE
ENERGY
(continued)
$
300,000
Transcanada
Trust
5.300
%
03/15/77
$
294,517
1,843,000
Transcanada
Trust
5.875
08/15/76
1,829,796
1,340,000
Transcanada
Trust
5.625
05/20/75
1,326,813
1,480,000
Transcanada
Trust
5.600
03/07/82
1,436,929
1,194,000
Transcanada
Trust
5.500
09/15/79
1,153,021
3,072,000
(a),(b)
Venture
Global
LNG
Inc
9.000
N/A
3,113,868
TOTAL
ENERGY
30,058,647
FINANCIAL
SERVICES
-
0.1%
375,000
National
Rural
Utilities
Cooperative
Finance
Corp
5.250
04/20/46
373,843
TOTAL
FINANCIAL
SERVICES
373,843
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.2%
733,000
(a)
EUSHI
Finance
Inc
7.625
12/15/54
773,407
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
773,407
TRANSPORTATION
-
0.2%
999,000
BNSF
Funding
Trust
I
6.613
12/15/55
1,007,011
TOTAL
TRANSPORTATION
1,007,011
UTILITIES
-
9.3%
950,000
(a)
AES
Andes
SA
8.150
06/10/55
980,678
1,665,000
AES
Corp/The
7.600
01/15/55
1,751,648
CAD
625,000
AltaGas
Ltd
8.900
11/10/83
505,319
1,087,000
(a)
AltaGas
Ltd
7.200
10/15/54
1,110,244
CAD
675,000
Capital
Power
Corp
7.950
09/09/82
524,778
1,971,000
CMS
Energy
Corp
4.750
06/01/50
1,901,962
995,000
ComEd
Financing
III
6.350
03/15/33
1,032,037
1,743,000
(b)
Dominion
Energy
Inc
4.350
N/A
1,697,595
1,634,000
Dominion
Energy
Inc
7.000
06/01/54
1,784,045
2,460,000
Duke
Energy
Corp
6.450
09/01/54
2,554,218
1,375,000
(b)
Edison
International
5.000
N/A
1,343,499
870,000
(b)
Edison
International
5.375
N/A
861,381
GBP
900,000
(b)
Electricite
de
France
SA,
Reg
S
5.875
N/A
1,174,173
2,048,000
Emera
Inc
6.750
06/15/76
2,059,817
1,698,000
Entergy
Corp
7.125
12/01/54
1,760,553
2,747,000
NextEra
Energy
Capital
Holdings
Inc
5.650
05/01/79
2,724,668
581,000
NextEra
Energy
Capital
Holdings
Inc
6.750
06/15/54
626,952
825,000
NextEra
Energy
Capital
Holdings
Inc
3.800
03/15/82
785,804
2,576,000
NiSource
Inc
6.950
11/30/54
2,661,108
883,000
PG&E
Corp
7.375
03/15/55
926,155
2,075,000
(b)
Sempra
4.875
N/A
2,052,728
1,381,000
Sempra
6.875
10/01/54
1,431,474
1,650,000
Sempra
6.400
10/01/54
1,653,105
1,625,000
Sempra
4.125
04/01/52
1,545,066
1,265,000
Southern
Co/The
4.000
01/15/51
1,247,129
TOTAL
UTILITIES
36,696,136
TOTAL
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
(Cost
$67,782,230)
68,909,044
SHARES  
DESCRIPTION  
RATE
VALUE
64285127
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
16.1%
(11.7%
of
Total
Investments)
64285127
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
10.1%
146,715
Agree
Realty
Corp
4.250
3,097,154
80,447
American
Homes
4
Rent
5.875
2,032,896
56,280
Armada
Hoffler
Properties
Inc
6.750
1,437,391
33,798
DiamondRock
Hospitality
Co
8.250
861,849
59,594
Digital
Realty
Trust
Inc
5.250
1,445,750
68,757
Digital
Realty
Trust
Inc
5.200
1,633,666
79,257
Federal
Realty
Investment
Trust
5.000
1,835,592
66,158
Kimco
Realty
Corp
5.125
1,589,115
13,513
Kimco
Realty
Corp
7.250
829,698
91,993
Kimco
Realty
Corp
5.250
2,284,186
2,301
Mid-America
Apartment
Communities
Inc
8.500
136,771
54,508
National
Storage
Affiliates
Trust
6.000
1,362,155
Portfolio
of
Investments
September
30,
2024
(continued)
JRI
8
SHARES  
DESCRIPTION  
RATE
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
(continued)
23,192
Pebblebrook
Hotel
Trust
6.375
%
$
512,079
33,580
Pebblebrook
Hotel
Trust
5.700
664,884
50,450
Pebblebrook
Hotel
Trust
6.300
1,120,999
33,970
Public
Storage
3.950
644,071
56,168
Public
Storage
4.000
1,077,864
53,330
Public
Storage
4.100
1,062,334
54,568
Public
Storage
4.875
1,269,252
40,054
Public
Storage
3.900
749,010
35,975
Public
Storage
4.750
821,669
30,469
Public
Storage
5.050
755,631
31,672
Public
Storage
4.700
711,670
34,375
Public
Storage
4.125
696,781
41,114
Public
Storage
3.875
765,132
49,870
Public
Storage
4.000
973,961
44,113
Public
Storage
4.625
966,957
30,274
Rexford
Industrial
Realty
Inc
5.875
731,117
90,113
Rexford
Industrial
Realty
Inc
5.625
2,165,416
10,819
RLJ
Lodging
Trust
1.950
282,159
72,849
SITE
Centers
Corp
6.375
1,765,860
38,516
Summit
Hotel
Properties
Inc
6.250
807,681
20,251
Summit
Hotel
Properties
Inc
5.875
424,866
43,058
Sunstone
Hotel
Investors
Inc
5.700
942,540
30,844
Sunstone
Hotel
Investors
Inc
6.125
691,214
18,724
UMH
Properties
Inc
6.375
451,061
33,112
Vornado
Realty
Trust
5.250
593,698
9,192
Vornado
Realty
Trust
5.250
164,813
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
40,358,942
FINANCIAL
SERVICES
-
0.2%
25,426
Brookfield
Finance
Inc
4.625
497,333
16,112
National
Rural
Utilities
Cooperative
Finance
Corp
5.500
400,544
TOTAL
FINANCIAL
SERVICES
897,877
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.3%
25,270
Brookfield
Property
Partners
LP
6.500
437,171
10,309
Brookfield
Property
Partners
LP
6.375
168,037
35,153
Brookfield
Property
Partners
LP
5.750
520,264
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
1,125,472
UTILITIES
-
5.5%
25,854
BIP
Bermuda
Holdings
I
Ltd
5.125
506,997
41,127
Brookfield
BRP
Holdings
Canada
Inc
4.625
715,610
13,470
Brookfield
Infrastructure
Finance
ULC
5.000
259,298
67,929
Brookfield
Infrastructure
Partners
LP
5.125
1,344,994
20,719
Brookfield
Infrastructure
Partners
LP
5.000
420,181
75,559
Brookfield
Renewable
Partners
LP
5.250
1,560,293
35,357
CMS
Energy
Corp
5.875
874,025
29,190
CMS
Energy
Corp
5.625
728,582
66,991
CMS
Energy
Corp
4.200
1,325,752
48,898
CMS
Energy
Corp
5.875
1,211,692
46,327
DTE
Energy
Co
5.250
1,140,108
75,446
DTE
Energy
Co
4.375
1,598,701
73,042
DTE
Energy
Co
4.375
1,560,908
43,179
Duke
Energy
Corp
5.625
1,072,998
49,695
Duke
Energy
Corp
5.750
1,242,872
45,803
Georgia
Power
Co
5.000
1,115,303
19,300
SCE
Trust
VIII
6.950
515,310
76,576
Southern
Co/The
4.950
1,817,914
88,549
Southern
Co/The
4.200
1,956,047
37,425
Southern
Co/The
5.250
935,251
TOTAL
UTILITIES
21,902,836
TOTAL
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
(Cost
$67,103,448)
64,285,127
9
Investments
in
Derivatives
SHARES  
DESCRIPTION  
RATE
VALUE
8978676
CONVERTIBLE
PREFERRED
SECURITIES
-
2.3%
(1.6%
of
Total
Investments)
8978676
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
8,595
LXP
Industrial
Trust
6.500
%
$
455,535
69,768
Regency
Centers
Corp
6.250
1,788,154
57,537
Regency
Centers
Corp
5.875
1,401,026
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
3,644,715
UTILITIES
-
1.4%
55,856
NextEra
Energy
Inc
6.926
2,589,484
38,650
NextEra
Energy
Inc
7.299
2,143,142
22,463
SCE
Trust
VII
7.500
601,335
TOTAL
UTILITIES
5,333,961
TOTAL
CONVERTIBLE
PREFERRED
SECURITIES
(Cost
$8,636,431)
8,978,676
SHARES
DESCRIPTION  
VALUE
–
INVESTMENT
COMPANIES
-
0.8%
(0.6%
of
Total
Investments)
–
661,390
Foresight
Environmental
Infrastructure
Ltd
802,844
266,554
Greencoat
UK
Wind
PLC/Funds
502,124
314,655
Renewables
Infrastructure
Group
Ltd/The
438,337
744,985
Sdcl
Energy
Efficiency
Income
Trust
PLC
628,481
642,814
Sequoia
Economic
Infrastructure
Income
Fund
Ltd
689,506
141,817
Starwood
European
Real
Estate
Finance
Ltd
177,468
TOTAL
INVESTMENT
COMPANIES
(Cost
$3,656,579)
3,238,760
PRINCIPAL
DESCRIPTION  
RATE
MATURITY
VALUE
–
MORTGAGE-BACKED
SECURITIES
-
0.1%
(0.1%
of
Total
Investments)
–
$
525,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE,
(TSFR1M
+
4.329%),
2019
MILE
9.426
07/15/36
338,124
310,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE,
(TSFR1M
+
2.829%),
2019
MILE
7.926
07/15/36
233,264
TOTAL
MORTGAGE-BACKED
SECURITIES
(Cost
$835,000)
571,388
SHARES  
DESCRIPTION  
MATURITY
VALUE
5,631
COMMON
STOCK
RIGHTS
-
0.0%
(0.0%
of
Total
Investments)
5,631
MATERIALS
-
0.0%
6,245
Montea
NV
10/31/24
5,631
TOTAL
MATERIALS
5,631
TOTAL
COMMON
STOCK
RIGHTS
(Cost
$0)
5,631
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$505,710,057)
542,500,952
PRINCIPAL
DESCRIPTION  
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
 1.7%  (1.2%
of
Total
Investments)
6,560,691
REPURCHASE
AGREEMENTS
-
1.7%
(1.2%
of
Total
Investments)
6,560,691
6,560,691
(f)
Fixed
Income
Clearing
Corporation
1.520
10/01/24
6,560,691
TOTAL
REPURCHASE
AGREEMENTS
(Cost
$6,560,691)
6,560,691
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$6,560,691)
6,560,691
TOTAL
INVESTMENTS
-
137.8%
(Cost
$512,270,748
)
549,061,643
BORROWINGS
-
(38.1)%
(g),(h)
(151,695,000)
OTHER
ASSETS
&
LIABILITIES,
NET
-  0.3%
1,138,049
NET
ASSETS
APPLICABLE
TO
COMMON
SHARES
-
100%
$
398,504,692
Portfolio
of
Investments
September
30,
2024
(continued)
JRI
10
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
)
Futures
Contracts
-
Short
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Value
Unrealized
Appreciation
(Depreciation)
U.S.
Treasury
Long
Bond
(18)
12/24
$
(2,231,400)
$
(2,235,375)
$
(3,975)
U.S.
Treasury
Ultra
10-Year
Note
(127)
12/24
(15,016,251)
(15,023,703)
(7,452)
U.S.
Treasury
Ultra
Bond
(18)
12/24
(2,396,098)
(2,395,688)
410
Total
$(19,643,749)
$(19,654,766)
$(11,017)
Interest
Rate
Swaps
-
OTC
Uncleared
Counterparty
Notional
Amount
Fund
Pay/Receive
Floating
Rate
Floating
Rate
Index
Fixed
Rate
(Annualized)
Fixed
Rate
Payment
Frequency
Effective
Date
(i)
Optional
Termination
Date
Maturity
Date
Value
Unrealized
Appreciation
(Depreciation)
Morgan
Stanley
$
112,400,000
Receive
SOFR
1.994%
Monthly
6/01/18
7/01/25
7/01/27
$
1,988,544
$
1,988,544
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
81,979,804
$
54,312,665
$
–
$
136,292,469
Corporate
Bonds
–
130,180,153
–
130,180,153
Real
Estate
Investment
Trust
Common
Stocks
76,829,168
53,208,171
2,365
130,039,704
$1,000
Par
(or
similar)
Institutional
Preferred
–
68,909,044
–
68,909,044
$25
Par
(or
similar)
Retail
Preferred
64,285,127
–
–
64,285,127
Convertible
Preferred
Securities
8,978,676
–
–
8,978,676
Investment
Companies
–
3,238,760
–
3,238,760
Mortgage-Backed
Securities
–
571,388
–
571,388
Common
Stock
Rights
–
5,631
–
5,631
Short-Term
Investments:
Repurchase
Agreements
–
6,560,691
–
6,560,691
Investments
in
Derivatives:
Interest
Rate
Swaps*
–
1,988,544
–
1,988,544
Futures
Contracts*
(11,017)
–
–
(11,017)
Total
$
232,061,758
$
318,975,047
$
2,365
$
551,039,170
*
Represents
net
unrealized
appreciation
(depreciation).
11
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$81,444,900
or
14.8%
of
Total
Investments.
(b)
Perpetual
security.
Maturity
date
is
not
applicable.
(c)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(d)
When-issued
or
delayed
delivery
security.
(e)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(f)
Agreement
with
Fixed
Income
Clearing
Corporation,
1.520%
dated
9/30/24
to
be
repurchased
at
$6,560,968
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
3.500%
and
maturity
date
9/30/26,
valued
at
$6,691,916.
(g)
Borrowings
as
a
percentage
of
Total
Investments
is
27.6%.
(h)
The
Fund
may
pledge
up
to
100%
of
its
eligible
investments
(excluding
any
investments
separately
pledged
as
collateral
for
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$288,872,253
have
been
pledged
as
collateral
for
borrowings.
(i)
Effective
date
represents
the
date
on
which
both
the
Fund
and
counterparty
commence
interest
payment
accruals
on
each
contract.
ADR
American
Depositary
Receipt
CAD
Canadian
Dollar
EUR
Euro
GBP
Pound
Sterling
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
REIT
Real
Estate
Investment
Trust
SOFR
Secured
Overnight
Financing
Rate
TSFR
1M
CME
Term
SOFR
1
Month
TSFR
3M
CME
Term
SOFR
3
Month
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