UIC

Uniplan Investment Counsel Portfolio holdings

AUM $1.03B

This Quarter Return

+2.09%

1 Year Return

+13.62%

3 Year Return

+10.03%

5 Year Return

+101.37%

10 Year Return

+126.85%

AUM

$1.03B

AUM Growth

-$48.2M (-4%)

Cap. Flow

-$93.6M

Cap. Flow % of AUM

-9.11%

Top 10 Holdings %Top 10 Hldgs %

35.93%

Holding

188

New

Increased

Reduced

Closed

Top Buys

1	BA.PRA The Boeing Company Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, par value $1.00 BA.PRA	$3.72M
2	CURB Curbline Properties Corp. CURB	$3.42M
3	Brixmor Property Group BRX	$3.41M
4	Outfront Media OUT	$3.36M
5	Rayonier RYN	$3.32M

Top Sells

1	Bank of America Series L BAC.PRL	$39.7M
2	Weyerhaeuser WY	$8.63M
3	Healthcare Realty HR	$7.29M
4	CTS Corp CTS	$5.46M
5	Extra Space Storage EXR	$5.41M

Sector Composition

1	Real Estate	69.21%
2	Energy	5.3%
3	Healthcare	5.25%
4	Technology	3.95%
5	Financials	3.68%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
101	101 LifeMD LFMD $486M	$2.11M	0.21%	388,288 +3,035	+0.8%	+$16.5K
102	TRTN.PRB 102 Triton International Limited 8.00% Series B Cumulative Redeemable Perpetual Preference Shares TRTN.PRB $126M	$2.09M	0.2%	82,973 -3,275	-4%	-$82.4K
103	103 Grupo Aeroportuario Centro Norte OMAB $5.19B	$2.06M	0.2%	26,199 -746	-3%	-$58.7K
104	104 Cushman & Wakefield CWK $2.75B	$1.98M	0.19%	193,360 +114,543	+145%	+$1.17M
105	105 Clearway Energy Class C CWEN $3.71B	$1.91M	0.19%	63,078 -2,428	-4%	-$73.5K
106	106 CSG Systems International CSGS $1.8B	$1.89M	0.18%	+31,184	New	+$1.89M
107	107 TeraWulf WULF $2.01B	$1.84M	0.18%	673,716 +116,341	+21%	+$318K
108	108 Grupo Aeroportuario del Pacifico PAC $11.3B	$1.84M	0.18%	9,891 -576	-6%	-$107K
109	MBNKP 109 DELISTED Medallion Bank Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F MBNKP	$1.68M	0.16%	65,308 -2,506	-4%	-$64.3K
110	ARES.PRB 110 Ares Management Corporation 6.75% Series B Mandatory Convertible Preferred Stock ARES.PRB $1.72B	$1.63M	0.16%	33,908 -1,564	-4%	-$75.4K
111	RWT.PRA 111 Redwood Trust, Inc. 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock RWT.PRA $70.4M	$1.63M	0.16%	64,948 -2,300	-3%	-$57.8K
112	112 Devon Energy DVN $21.2B	$1.61M	0.16%	43,148 -1,636	-4%	-$61.2K
113	113 Royalty Pharma RPRX $15.5B	$1.61M	0.16%	51,838 +11,904	+30%	+$371K
114	114 Chesapeake Utilities CPK $2.84B	$1.61M	0.16%	12,520 -651	-5%	-$83.6K
115	115 American Healthcare REIT AHR $5.96B	$1.56M	0.15%	51,621 -1,834	-3%	-$55.6K
116	NYMTM 116 New York Mortgage Trust, Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock NYMTM $148M	$1.56M	0.15%	63,427 -2,484	-4%	-$61.1K
117	117 UDR UDR $13.4B	$1.47M	0.14%	32,474 -1,246	-4%	-$56.3K
118	118 Air Lease Corp AL $6.49B	$1.46M	0.14%	30,166 +9,815	+48%	+$474K
119	GTY 119 Getty Realty Corp GTY $1.57B	$1.42M	0.14%	45,454 -1,619	-3%	-$50.5K
120	120 Compass Diversified Holdings 7.875% Series C Cumulative Preferred Shares CODI.PRC $83.9M	$1.34M	0.13%	60,056 -2,125	-3%	-$47.5K
121	XHR 121 Xenia Hotels & Resorts XHR $1.31B	$1.08M	0.1%	91,481 -3,698	-4%	-$43.5K
122	122 Chart Industries, Inc. Depositary Shares, each Representing a 1/20th Interest in a Share of 6.75% Series B Mandatory Convertible Preferred Stock GTLS.PRB $508M	$1.05M	0.1%	19,085 -477	-2%	-$26.1K
123	123 GCM Grosvenor GCMG $609M	$1.01M	0.1%	+76,166	New	+$1.01M
124	124 Aris Water Solutions ARIS $698M	$1.01M	0.1%	+31,432	New	+$1.01M
125	125 Ezcorp Inc EZPW $818M	$999K	0.1%	+67,872	New	+$999K