| | |
Page |
| |||
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 36 | | | |
| | | | 37 | | | |
| | | | 38 | | | |
| | | | 44 | | | |
| | | | 44 | | | |
| | | | 45 | | | |
| | | | 49 | | | |
| | | | 51 | | | |
| | | | 52 | | | |
| | | | 53 | | | |
| | | | 54 | | | |
| | | | 61 | | | |
| | | | 61 | | | |
| | | | 62 | | | |
| | | | 64 | | | |
| | | | 65 | | | |
| | | | 70 | | | |
| | | | 70 | | | |
| | | | 71 | | | |
| | | | A-1 | | |
Name,
Position(s) Address (1) and Year of Birth |
| |
Term of Office and Length of Time Served (2) |
| |
Number of Funds in Fund Complex Overseen by Trustee (3) |
| |
Principal Occupation(s) During Past Five Years |
| |
Other Directorships Held by Trustee During Past Five Years (4) |
|
INDEPENDENT TRUSTEES (5) | | ||||||||||||
Edward A. Kuczmarski Trustee and Independent Chair of the Board, Member of the Audit Committee, Member of the Nominating and Compensation Committee Born: 1949 |
| |
Since 2011 |
| | 9 | | | Retired. | | | Director/Trustee of several investment companies advised by the Adviser (2011 – Present). | |
William H. Wright II Trustee, Chair of the Audit Committee, Member of the Nominating and Compensation Committee Born: 1960 |
| |
Since 2020 |
| | 9 | | | Retired. | | | Director/Trustee of several investment companies advised by the Adviser (2020 – Present); Director of Alcentra Capital Corporation (1940 Act BDC) (2018 – 2019); Advisory Director of Virtus Global Dividend & Income Fund, Virtus Global Multi-Sector Income Fund, Virtus Total Return Fund and Duff & Phelps Select Energy MLP Fund (2013 – 2019); Director of the Carlyle Group, TCG BDC I, Inc., TCG BDC II, Inc. and Carlyle Secured Lending III (2021 – Present). | |
Name,
Position(s) Address (1) and Year of Birth |
| |
Term of Office and Length of Time Served (2) |
| |
Number of Funds in Fund Complex Overseen by Trustee (3) |
| |
Principal Occupation(s) During Past Five Years |
| |
Other Directorships Held by Trustee During Past Five Years (4) |
|
Stuart A. McFarland Trustee, Member of the Audit Committee, Member of the Nominating and Compensation Committee Born: 1947 |
| |
Since 2013 |
| | 9 | | | Managing Partner of Federal City Capital Advisors (1997 – 2021). | | | Director/Trustee of several investment companies advised by the Adviser (2006 – Present); Director of Drive Shack Inc. (formerly, New Castle Investment Corp.) (2000 – Present); Lead Independent Director of New America High Income Fund (2013 – Present); Director of New Senior Investment Group, Inc. (2014 – 2021); Director of Steward Partners (2017 – 2021). | |
Heather S. Goldman Trustee, Member of the Audit Committee, Chair of the Nominating and Compensation Committee Born: 1967 |
| |
Since 2013 |
| | 9 | | | CFO of My Flex, Inc., an EQBR company (2022 – Present). | | | Director/Trustee of several investment companies advised by the Adviser (2013 – Present); CEO Board Director of Gesher USA (2015 – Present); Trustee of Nevada Museum of Art (2016 – 2018); Co-founder, CEO and Chair of Capstak, Inc. (2014– 2018); Member of the Honorary Board of University Settlement House (2014 – Present). | |
Name,
Position(s) Address (1) and Year of Birth |
| |
Term of Office and Length of Time Served (2) |
| |
Number of Funds in Fund Complex Overseen by Trustee (3) |
| |
Principal Occupation(s) During Past Five
Years |
| |
Other Directorships Held by Trustee During Past Five Years (4) |
|
INTERESTED TRUSTEE/OFFICERS (5) | | ||||||||||||
David W. Levi Trustee Born: 1971 |
| | Since April 2017 | | | 9 | | | Chief Executive Officer of the Adviser (2019 – Present); Head of Brookfield Oaktree Wealth Solutions (2021 – Present); President of the Adviser (2016 – 2019); Managing Partner of Brookfield (2015 – Present). | | | Director/Trustee of several investment companies advised by the Adviser (2017 – Present). | |
Name,
Position(s) Address (1) and Year of Birth |
| |
Term of Office and Length of Time Served (2) |
| |
Number of Funds in Fund Complex Overseen by Trustee (3) |
| |
Principal Occupation(s) During Past Five
Years |
| |
Other Directorships Held by Trustee During Past Five Years (4) |
|
Brian F. Hurley President Born: 1977 |
| | Since 2014 | | | N/A | | | President of several investment companies advised by the Adviser (2014 – Present); Managing Director (2014 – Present); General Counsel (2017 – Present) of the Adviser; Managing Partner of Brookfield (2016 – Present); Director of Brookfield Soundvest Capital Management (2015 – 2018). | | | N/A | |
Casey P. Tushaus Treasurer Born: 1982 |
| | Since 2021 | | | N/A | | | Treasurer of several investment companies advised by the Adviser (2021 – Present); Assistant Treasurer of the Adviser (2016 – 2021); Director of the Adviser (2021 – Present); Vice President of the Adviser (2014 – 2021). | | | N/A | |
Craig A. Ruckman Secretary Born: 1977 |
| |
Since 2022 (6) |
| | N/A | | | Secretary of several investment companies advised by the Adviser (November 2022 – Present); Managing Director of the Adviser (October 2022 – Present); Director of Allianz Global Investors U.S. Holdings LLC (2016 – 2022); Assistant Secretary of 63 funds in the Allianz Global Investors Fund Complex (2017 – 2020); and Chief Legal Officer of Allianz Global Investors Distributors LLC (2019 – 2022). | | | N/A | |
Adam R. Sachs Chief Compliance Officer (“CCO”) Born: 1984 |
| | Since 2017 | | | N/A | | | CCO of several investment companies advised by the Adviser (2017 – Present); Director of the Adviser (2017 – Present); CCO of Brookfield Public Securities Group (Canada) LLC (2017 – Present). | | | N/A | |
Mohamed S. Rasul
Assistant Treasurer Born: 1981 |
| | Since 2016 | | | N/A | | | Assistant Treasurer of several investment companies advised by the Adviser (2016 – Present); Vice President of the Adviser (2019 – Present); Assistant Vice President of the Adviser (2014 – 2019). | | | N/A | |
Name of Trustee |
| |
Dollar Range of Equity Securities Held in the Global Real Estate Fund (1) |
| |
Dollar Range of Equity Securities Held in the Infrastructure Fund (1) |
| |
Dollar Range of Equity Securities Held in the Renewables Fund (1) |
| |
Dollar Range of Equity Securities Held in the Real Assets Securities Fund (1) |
| |
Aggregate Dollar Range of Equity Securities Held in Fund Complex (1) (2) |
|
INTERESTED TRUSTEE: | | |||||||||||||||
David Levi | | |
A |
| |
A |
| |
A |
| |
A |
| |
A |
|
INDEPENDENT TRUSTEES: | | |||||||||||||||
Edward A. Kuczmarski
|
| |
A |
| |
A |
| |
A |
| |
A |
| |
E |
|
Stuart A. McFarland
|
| |
A |
| |
A |
| |
A |
| |
A |
| |
E |
|
Heather S. Goldman
|
| |
A |
| |
A |
| |
A |
| |
C |
| |
D |
|
William H. Wright
II |
| |
A |
| |
A |
| |
A |
| |
A |
| |
A |
|
Name of Person and Position |
| |
Aggregate
Compensation from the Funds |
| |
Total Compensation from the Funds and Fund
Complex (1) |
|
Interested Trustee | | ||||||
David W. Levi | | |
N/A |
| |
N/A(9) |
|
Independent Trustees | | ||||||
Edward A. Kuczmarski | | |
$55,074 |
| |
$235,000(9) |
|
Stuart A. McFarland | | |
$48,043 |
| |
$205,000(9) |
|
Heather Goldman | | |
$55,006 |
| |
$213,482(9) |
|
William H. Wright II | | |
$55,074 |
| |
$235,000(9) |
|
Name and Address |
| |
% of Shares |
| |
Parent Company |
| |
Jurisdiction |
| |
Nature of
Ownership(1) |
|
National Financial
Services LLC
499 Washington Blvd. FL 4
Jersey City, NJ 07310 |
| |
34.86% |
| |
Wells
Fargo & Company |
| |
DE |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Parent Company |
| |
Jurisdiction |
| |
Nature of
Ownership(1) |
|
The Northern Trust
Company
PO Box 92956 Chicago, IL 60675 |
| |
32.48% |
| |
The
Northern Trust Corporation |
| |
IL |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Parent
Company |
| |
Jurisdiction |
| |
Nature of
Ownership |
|
BIM US Holdings LP, 181
Bay Street, Toronto ON M5J 2T3 |
| |
73.87% |
| |
Brookfield
Asset Management ULC |
| |
DE |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Parent Company |
| |
Jurisdiction |
| |
Nature of
Ownership(1) |
|
Brookfield Asset
Management ULC
181 Bay Street, Suite 300
Toronto, Ontario M5J 2T3 Canada |
| |
47.28% |
| |
Brookfield
Asset Management ULC |
| |
DE |
| |
Beneficial |
|
Pershing
LLC PO Box 2052 Jersey City, NJ 07303 |
| |
28.05% |
| |
BNY Mellon |
| |
DE |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
Morgan
Stanley Smith Barney 1 New York Plz Fl 12 New York, NY 10004‑1965 |
| |
42.79% |
| |
Record |
|
Wells
Fargo Clearing Services LLC 2801 Market Street Saint Louis, MO 63103‑2523 |
| |
19.70% |
| |
Record |
|
Charles
Schwab & Co Inc 211 Main Street San Francisco, CA 94105 |
| |
16.89% |
| |
Record |
|
UBS
WM USA 1000 Harbor Blvd Weehawken, NJ 07086 |
| |
9.45% |
| |
Record |
|
Merrill
Lynch Pierce Fenner & Smith 4800 Deer Lake Dr E Jacksonville, FL 32246 |
| |
5.46% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
Morgan Stanley Smith
Barney 1 New York Plz Fl 12 New York, NY 10004-1965 |
| |
48.46% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
UBS WM USA 1000 Harbor
Boulevard Weehawken, NJ 07086-6761 |
| |
13.23% |
| |
Record |
|
Raymond James &
Associates, Inc. 880 Carillion Parkway St. Petersburg, FL 33716-1100
|
| |
9.79% |
| |
Record |
|
Ameriprise Financial
Services LLC 707 2nd Ave S Minneapolis, MN 55402-2405 |
| |
6.75% |
| |
Record |
|
Merrill Lynch Pierce
Fenner & Smith 4800 Deer Lake Drive E., Floor 1 Jacksonville, FL
32246-6484 |
| |
5.52% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownerships(1) |
|
National Financial
Services LLC 499 Washington Boulevard, Floor 5 Jersey City, NJ
07310-1995 |
| |
35.50% |
| |
Record |
|
SEI Private Trust
Company One Freedom Valley Drive Oaks, PA 19456 |
| |
22.82% |
| |
Record |
|
MAC & Co. 500 Grant
Street Room 151-1010 Pittsburgh, PA 15219 |
| |
6.51% |
| |
Record |
|
Princeton Theological
Seminary 64 Mercer St Princeton, NJ 08540 |
| |
5.83% |
| |
Beneficial |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
Wells Fargo Clearing
Services LLC 2801 Market Street Saint Louis, MO 63103-2523 |
| |
29.55% |
| |
Record |
|
Morgan Stanley Smith
Barney LLC 1 New York Plaza, Floor 12 New York, NY 10004 |
| |
16.50% |
| |
Record |
|
Merrill Lynch Pierce
Fenner & Smith 4800 Deer Lake Dr E Jacksonville, FL 32246 |
| |
11.05% |
| |
Record |
|
UBS WM USA 1000 Harber
Blvd Weehawken, NJ 07086 |
| |
8.09% |
| |
Record |
|
Stifel Nicolaus&
Company Inc. 501 N Broadway Saint Louis, MO 63102 |
| |
7.49% |
| |
Record |
|
Ameriprise Financial
Services LLC 707 2nd Ave S Minneapolis, MN 55402 |
| |
7.34% |
| |
Record |
|
RBC Capital Markets LLC
60 6th Street Minneapolis,MN 55402 |
| |
7.29% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
Wells Fargo Clearing
Services LLC 2801 Market Street Saint Louis, MO 63103-2523 |
| |
44.37% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
Ameriprise Financial
Services LLC 707 2nd Ave S Minneapolis, MN 55402 |
| |
16.63% |
| |
Record |
|
UBS WM USA 1000 Harbor
Blvd Weehawken, NJ 07086-6761 |
| |
14.61% |
| |
Record |
|
Charles Schwab & Co
Inc 211 Main Street San Francisco, CA 94105 |
| |
7.39% |
| |
Record |
|
Raymond James 880
Carillon Pkwy St. Petersbury, FL 33716 |
| |
6.71% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
The Northern Trust
Company PO Box 92956 Chicago, IL 60675 |
| |
33.66% |
| |
Record |
|
Charles Schwab &
Company Inc. 211 Main Street San Francisco, CA 94105-1905 |
| |
19.62% |
| |
Record |
|
Saxon & Co. P.O.
Box 94597 Cleveland, OH 44101-4597 |
| |
14.99% |
| |
Record |
|
National Financial
Services LLC 499 Washington Blvd Jersey City, NJ 07310 |
| |
10.11% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
BIM US Holdings LP 181
Bay St Ste 300 Toronto, ON M5J 2T3 Canada |
| |
73.87% |
| |
Record |
|
Brookfield Public
Securities Group LLC 110 N Wacker Drive, Suite 2700 Chicago, IL
60606 |
| |
10.52% |
| |
Beneficial |
|
Saxon & Co PO Box
94597 Cleveland, OH 44101 |
| |
8.91% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
Raymond James 880
Carillon Parkway St. Petersburg, FL 33716-1100 |
| |
47.23% |
| |
Record |
|
RBC Capital Markets LLC
Attn Mutual Fund Ops Manager 250 Nicollet Mall Minneapolis, MN
55401 |
| |
36.93% |
| |
Record |
|
Stifel Nicholas &
Company Inc. 501 N Broadway Saint Louis, MO 63102-2137 |
| |
9.24% |
| |
Record |
|
US Bank NA 15881 Punta
Espada Loop Corpus Christi, TX 78418 |
| |
6.59% |
| |
Beneficial |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership(1) |
|
RBC Capital Markets LLC
60 S 6th
Street, Suite 700 #P08 Minneapolis, MN 55402-4413 |
| |
56.15% |
| |
Record |
|
Raymond James 880
Carillon Parkway St. Petersburg, FL 33716-1100 |
| |
43.85% |
| |
Record |
|
Name and Address |
| |
% of Shares |
| |
Nature of
Ownership (1) |
|
Brookfield Asset
Management ULC 181 Bay Street, Ste 300 Toronto, ON M5J 2T3 Canada |
| |
47.63% |
| |
Beneficial |
|
Pershing LLC PO Box
2052 Jersey City, NJ 07303 |
| |
28.26% |
| |
Record |
|
Brookfield Partners
Foundation 181 Bay Street, Ste 300 Toronto, ON M5J 2T3 Canada |
| |
16.01% |
| |
Beneficial |
|
| | |
Annual Advisory Fee-Contractual Rate (as
a percentage of average daily net assets) |
| |||
Global Real Estate Fund | | | | | 0.75% | | |
Infrastructure Fund | | | | | 0.85% | | |
Renewables Fund | | | | | 0.85% | | |
Real Assets Securities Fund | | | | | 0.75% | | |
2022 |
| |
Global Real Estate
Fund |
| |
Infrastructure
Fund |
| |
Renewables Fund(1) |
| |
Real Assets
Securities Fund |
|
Advisory Fees | | |
$4,055,778 |
| |
$2,978,622 |
| |
$128,181 |
| |
$391,902 |
|
Advisory Fees Waived | | |
$(22,656) |
| |
$(208,956) |
| |
$(603,058) |
| |
$(266,521) |
|
Net Advisory Fees Paid
to Adviser |
| |
$4,033,122 |
| |
$2,769,666 |
| |
$(474,877) |
| |
$125,381 |
|
2021 |
| |
Global Real Estate
Fund |
| |
Infrastructure
Fund |
| |
Renewables Fund(1) |
| |
Real Assets
Securities Fund
|
|
Advisory Fees | | |
$4,915,018 |
| |
$3,064,387 |
| |
N/A |
| |
$404,646 |
|
Advisory Fees Waived | | |
$(52,556) |
| |
$(146,970) |
| |
N/A |
| |
$(295,222) |
|
Net Advisory Fees Paid
to Adviser |
| |
$4,862,462 |
| |
$2,917,417 |
| |
N/A |
| |
$109,424 |
|
2020 |
| |
Global Real Estate
Fund |
| |
Infrastructure
Fund |
| |
Renewables Fund(1) |
| |
Real Assets
Securities Fund
|
|
Advisory Fees | | |
$5,724,226 |
| |
$1,858,414 |
| |
N/A |
| |
$507,879 |
|
Advisory Fees Waived | | |
$(518,898) |
| |
$(197,712) |
| |
N/A |
| |
$(297,711) |
|
Net Advisory Fees Paid
to Adviser |
| |
$5,205,328 |
| |
$1,660,702 |
| |
N/A |
| |
$210,168 |
|
| | |
2021 |
| |
2020 |
|
Global Real Estate Fund |
| |
$324,544 |
| |
$1,144,845 |
|
Infrastructure Fund |
| |
$157,018 |
| |
$327,955 |
|
Renewables Fund |
| |
N/A |
| |
N/A |
|
Real Assets Securities Fund |
| |
$24,076 |
| |
$89,626 |
|
| | |
2022 |
| |
2021 |
|
Global Real Estate Fund |
| |
$191,420 |
| |
$136,630 |
|
Infrastructure Fund |
| |
$128,085 |
| |
$80,914 |
|
Renewables Fund |
| |
$15,867 |
| |
N/A |
|
Real Assets Securities Fund |
| |
$29,711 |
| |
$18,427 |
|
| | |
2022 |
| |
2021 |
| |
2020 |
|
Global Real Estate Fund | | |
$1,088,721 |
| |
$952,575 |
| |
$1,990,605 |
|
Infrastructure Fund | | |
$683,804 |
| |
$544,679 |
| |
$638,195 |
|
Renewables Fund | | |
$20,858 |
| |
N/A |
| |
N/A |
|
Real Assets Securities Fund | | |
$73,337 |
| |
$66,354 |
| |
$173,736 |
|
Name of Fund |
| |
Dollar Value of
Securities Traded
|
| |
Related Soft Dollar
Brokerage Commissions
|
|
Global Real Estate Fund | | |
$1,140,187,779 |
| |
$388,632 |
|
Infrastructure Fund | | |
$701,262,598 |
| |
$196,541 |
|
Renewables Fund | | |
$22,955,673 |
| |
$5,842 |
|
Real Assets Securities Fund | | |
95,464,365 |
| |
$20,909 |
|
| | |
2022 |
| |
2021 |
| |
2020 |
|
Global Real Estate Fund | | |
99% |
| |
65% |
| |
114% |
|
Infrastructure Fund | | |
74% |
| |
62% |
| |
138% |
|
Renewables Fund | | |
62% (1) |
| |
N/A |
| |
N/A |
|
Real Assets Securities Fund | | |
92% |
| |
79% |
| |
154% |
|
| | |
Registered Investment
Companies
|
| |
Other Pooled
Investment Companies
|
| |
Other Accounts |
|
Number of Accounts
Managed |
| |
2 |
| |
8 |
| |
24 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
2 |
| |
4 |
|
Assets Managed (assets
in millions) |
| |
$117.3 |
| |
$400.7 |
| |
$3,751.9 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$137.5 |
| |
$1,421.6 |
|
| | |
Registered Investment
Companies
|
| |
Other Pooled
Investment Companies
|
| |
Other Accounts |
|
Number of Accounts
Managed |
| |
3 |
| |
8 |
| |
4 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
1 |
| |
1 |
|
Assets Managed (assets
in millions) |
| |
$1,359.8 |
| |
$1,203.3 |
| |
$372.2 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$366.3 |
| |
$51.6 |
|
| | |
Registered Investment
Companies |
| |
Other Pooled
Investment Companies |
| |
Other
Accounts |
|
Number of Accounts
Managed |
| |
2 |
| |
6 |
| |
19 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
1 |
| |
1 |
|
Assets Managed (assets
in millions) |
| |
$101.6 |
| |
$318.8 |
| |
$1,815.5 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$75.1 |
| |
$299.5 |
|
| | |
Registered Investment
Companies
|
| |
Other Pooled
Investment Companies
|
| |
Other Accounts |
|
Number of Accounts
Managed |
| |
2 |
| |
8 |
| |
24 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
2 |
| |
2 |
|
Assets Managed (assets
in millions) |
| |
$101.6 |
| |
$363.3 |
| |
$1,879.1 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$88.6 |
| |
$353.3 |
|
| | |
Registered Investment
Companies |
| |
Other Pooled
Investment Companies |
| |
Other
Accounts |
|
Number of Accounts
Managed |
| |
0 |
| |
8 |
| |
1 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
0 |
| |
1 |
|
Assets Managed (assets
in millions) |
| |
$0 |
| |
$257.9 |
| |
$144.0 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$0 |
| |
$144.0 |
|
| | |
Registered Investment
Companies |
| |
Other Pooled
Investment Companies |
| |
Other
Accounts |
|
Number of Accounts
Managed |
| |
0 |
| |
8 |
| |
2 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
0 |
| |
2 |
|
Assets Managed (assets
in millions) |
| |
$0 |
| |
$257.9 |
| |
$350.6 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$0 |
| |
$350.6 |
|
| | |
Registered Investment
Companies
|
| |
Other Pooled
Investment Companies
|
| |
Other Accounts |
|
Number of Accounts
Managed |
| |
4 |
| |
13 |
| |
374 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
3 |
| |
2 |
|
Assets Managed (assets
in millions) |
| |
$1,140.5 |
| |
$5,067.7 |
| |
$3,526.0 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$157.0 |
| |
$1,055.8 |
|
| | |
Registered Investment
Companies |
| |
Other Pooled
Investment Companies |
| |
Other
Accounts |
|
Number of Accounts
Managed |
| |
2 |
| |
6 |
| |
15 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
1 |
| |
2 |
|
Assets Managed (assets
in millions) |
| |
$99.8 |
| |
$304.1 |
| |
$1,442.3 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$67.4 |
| |
$353.3 |
|
| | |
Registered Investment
Companies |
| |
Other Pooled
Investment Companies |
| |
Other
Accounts |
|
Number of Accounts
Managed |
| |
2 |
| |
6 |
| |
15 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
1 |
| |
1 |
|
Assets Managed (assets
in millions) |
| |
$99.8 |
| |
$304.1 |
| |
$1,144.5 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$67.4 |
| |
$53.8 |
|
| | |
Registered Investment
Companies |
| |
Other Pooled
Investment Companies |
| |
Other
Accounts |
|
Number of Accounts
Managed |
| |
2 |
| |
6 |
| |
20 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
1 |
| |
0 |
|
Assets Managed (assets
in millions) |
| |
$101.6 |
| |
$318.8 |
| |
$1,523.1 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$75.1 |
| |
$0 |
|
| | |
Registered Investment
Companies
|
| |
Other Pooled
Investment Companies
|
| |
Other Accounts |
|
Number of Accounts
Managed |
| |
3 |
| |
8 |
| |
4 |
|
Number of Accounts
Managed with Performance-Based Fees |
| |
0 |
| |
1 |
| |
1 |
|
Assets Managed (assets
in millions) |
| |
$1,359.8 |
| |
$1,203.3 |
| |
$372.2 |
|
Assets Managed with
Performance-Based Fees (assets in millions) |
| |
$0 |
| |
$366.3 |
| |
$51.6 |
|
Portfolio Managers |
| |
Dollar Range of Equity Securities in the
Fund Beneficially Owned by Portfolio Managers (1) |
| |||
Leonardo Anguiano | | |
A |
| |||
Larry Antonatos | | |
A |
| |||
Brandon Benjamin | | | | | A | | |
Bernhard Krieg | | |
E |
| |||
Joe Idaszak | | | | | C | | |
Inigo Mijangos | | | | | E | | |
Tom Miller | | |
A |
| |||
Julian Perlmutter | | | | | E | | |
Michael Shoemacher | | | | | D | | |
Richard Sweigard | | | | | A | | |
Gaal Surugeon | | |
A |
|
Name of the Fund |
| |
2022 |
| |
2021 |
| |
2020 |
|
Global Real Estate Fund | | |
$60,829 |
| |
$91,412 |
| |
$94,225 |
|
Infrastructure Fund | | |
$43,950 |
| |
$49,331 |
| |
$66,344 |
|
Renewables Fund | | |
$0 (1) |
| |
N/A |
| |
N/A |
|
Real Assets Securities Fund | | |
$1,729 |
| |
$1,715 |
| |
$1,629 |
|
| | |
Global Real Estate
Fund |
| |
Infrastructure
Fund |
| |
Renewables
Fund |
| |
Real Assets
Securities Fund
|
|
Advertising/Marketing | | |
$0 |
| |
$0 |
| |
$0 |
| |
$0 |
|
Printing/Postage | | |
$0 |
| |
$0 |
| |
$0 |
| |
$0 |
|
Payment to distributor |
| |
$0 |
| |
$0 |
| |
$0 |
| |
$0 |
|
Payment to dealers | | |
$60,829 |
| |
$43,950 |
| |
$0 |
| |
$1,729 |
|
Compensation to sales
personnel |
| |
$0 |
| |
$0 |
| |
$0 |
| |
$0 |
|
Other | | |
$0 |
| |
$0 |
| |
$0 |
| |
$0 |
|
Total |
| |
$60,829 |
| |
$43,950 |
| |
$0 |
| |
$1,729 |
|
| Aaa: | | | Obligations rated Aaa are judged to be of the highest quality, with minimal credit risk. | |
| Aa: | | | Obligations rated Aa are judged to be of high quality and are subject to very low credit risk. | |
| A: | | | Obligations rated A are considered as upper-medium grade and are subject to low credit risk. | |
| Baa: | | | Obligations rated Baa are subject to moderate credit risk. They are considered medium grade and as such may possess certain speculative characteristics. | |
| Ba: | | | Obligations rated Ba are judged to have speculative elements and are subject to substantial credit risk. | |
| B: | | | Obligations rated B are considered speculative and are subject to high credit risk. | |
| Caa: | | | Obligations rated Caa are judged to be of poor standing and are subject to very high credit risk. | |
| Ca: | | | Obligations rated Ca are highly speculative and are likely in, or very near default, with some prospect of recovery of principal and interest. | |
| C: | | | Obligations rated C are the lowest rated class of bonds and are typically in default, with little prospect for recovery of principal or interest. | |
| Unrated: | | |
Where no rating has been
assigned or where a rating has been suspended or withdrawn, it may be for
reasons unrelated to the quality of the issue.
Should
no rating be assigned, the reason may be one of the following:
1 An
application for rating was not received or accepted.
2 The
issue or issuer belongs to a group of securities that are not rated as a
matter of policy.
3 There
is a lack of essential data pertaining to the issue or issuer.
4 The issue was
privately placed, in which case the rating is not published in Moody’s
Investors Service, Inc.’s publications. |
|
| Note: | | | Moody’s may apply numerical modifiers, 1, 2 and 3 in each generic rating classification from Aa through B in its corporate bond rating system. The modifier 1 indicates that the security ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking; and the modifier 3 indicates that the issue ranks in the lower end of its generic rating category. | |
| AAA: | | | An obligation rated ‘AAA’ has the highest rating assigned by S&P. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong. | |
| AA: | | | An obligation rated ‘AA’ differs from the highest rated obligations only in a small degree. The obligor’s capacity to meet its financial commitment on the obligation is very strong. | |
| A: | | | An obligation rated ‘A’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rated categories. However, the obligor’s capacity to meet its financial commitment on the obligation is still strong. | |
| BBB: | | | An obligation rated ‘BBB’ exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. | |
| BB, B, CCC, CC, C: | | | Obligations rated ‘BB’, ‘B’, ‘CCC’, ‘CC’, and ‘C’ are regarded as having significant speculative characteristics. ‘BB’ indicates the least degree of speculation and ‘C’ the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposures to adverse conditions. | |
| C1: | | | The rating C1 is reserved for income bonds on which no interest is being paid. | |
| D: | | | Bonds rated D are in payment default, and payment of interest and/or repayment of principal is in arrears. | |
| Plus (+) or | | |
The
ratings from AA to CCC may be modified by the addition of a plus or minus
sign to show relative standing |
|
| Minus (-) | | | within the major rating categories. | |
| NR: | | | Indicates that no rating has been requested, that there is insufficient information on which to base a rating, or that S&P does not rate a particular type of obligation as a matter of policy. | |