CBRE Global Real Estate Income Fund

Portfolio of Investments (unaudited)

March 31, 2022

Shares			Market value
		Real Estate Securities*- 134.5%
		Common Stock - 127.5%
		Australia - 6.0%
	830,420	Charter Hall Group	$	10,295,674
	1,525,133	Dexus		12,540,988
	665,063	Goodman Group		11,431,902
	5,467,692	Mirvac Group		10,223,822
	3,902,508	Scentre Group		8,938,271
	9,164,620	Vicinity Centres		12,835,217
				66,265,874
		Belgium - 0.8%
	147,379	Shurgard Self Storage SA		9,232,095
		Canada - 3.0%
	361,346	Canadian Apartment Properties REIT		15,520,766
	818,500	H&R Real Estate Investment Trust		8,551,639
	464,200	RioCan Real Estate Investment Trust		9,376,539
				33,448,944
		France - 2.5%
	644,677	Klepierre SA		17,344,219
	134,991	Unibail-Rodamco-Westfield (a)		10,240,427
				27,584,646
		Germany - 3.2%
	157,643	Grand City Properties SA		3,178,258
	206,725	LEG Immobilien SE		23,748,672
	191,704	Vonovia SE		9,024,652
				35,951,582
		Hong Kong - 6.4%
	3,140,000	Hang Lung Properties Ltd.		6,335,011
	2,822,570	Link REIT		24,147,942
	3,630,000	New World Development Co. Ltd.		14,763,069
	11,252,000	Sino Land Co. Ltd.		14,597,686
	4,382,000	Swire Properties Ltd.		10,888,694
				70,732,402
		Japan - 10.8%
	3,139	Activia Properties, Inc.		10,965,487
	7,321	AEON REIT Investment Corp.		9,107,897
	1,755,600	Hulic Co. Ltd.		15,925,154
	19,687	Japan Metropolitan Fund Investment Corp.		16,706,579
	1,720	Kenedix Office Investment Corp.		10,358,970
	10,619	LaSalle Logiport REIT		15,328,105
	893,000	Mitsui Fudosan Co., Ltd.		19,276,293
	5,018	Orix JREIT, Inc.		6,833,989
	2,685,592	Tokyu Fudosan Holdings Corp.		14,913,195
				119,415,669
		Mexico - 1.6%
	6,890,088	Prologis Property Mexico SA de CV		18,014,702
		Singapore - 4.4%
	11,760,444	CapitaLand China Trust		10,514,750

Shares			Market value
		Singapore (continued)
	9,348,612	CapitaLand Integrated Commercial Trust	$	15,542,452
	8,338,000	Keppel REIT		7,516,430
	13,053,260	Lendlease Global Commercial REIT		7,474,989
	6,281,900	Suntec Real Estate Investment Trust		8,123,046
				49,171,667
		Spain - 0.8%
	765,576	Merlin Properties Socimi SA		9,016,447
		Sweden - 2.1%
	594,254	Castellum AB		14,876,436
	131,216	Catena AB		8,011,450
				22,887,886
		United Kingdom - 4.9%
	367,006	Big Yellow Group PLC		7,422,267
	1,160,331	Land Securities Group PLC		12,002,054
	299,624	Safestore Holdings PLC		5,286,322
	1,151,537	Segro PLC		20,400,172
	2,696,061	Tritax Big Box REIT PLC		8,583,378
				53,694,193
		United States - 81.0%
	112,946	Alexandria Real Estate Equities, Inc.		22,730,382
	329,759	American Campus Communities, Inc.		18,456,611
	372,093	Apartment Income REIT Corp.		19,892,092
	138,979	AvalonBay Communities, Inc.		34,518,214
	143,205	Camden Property Trust		23,800,671
	413,685	Crown Castle International Corp. (b)		76,366,251
	787,830	CubeSmart		40,990,795
	389,756	Duke Realty Corp.		22,629,233
	67,059	Equinix, Inc. (b)		49,732,296
	67,518	Essex Property Trust, Inc. (b)		23,326,119
	195,077	Extra Space Storage, Inc. (b)		40,107,831
	615,723	Healthcare Trust of America, Inc., Class A		19,296,759
	905,867	Host Hotels & Resorts, Inc.		17,600,996
	454,631	Hudson Pacific Properties, Inc.		12,616,010
	1,039,635	Invitation Homes, Inc.		41,772,534
	182,900	Life Storage, Inc.		25,684,647
	382,200	National Retail Properties, Inc.		17,176,068
	626,000	Park Hotels & Resorts, Inc.		12,225,780
	515,041	Pebblebrook Hotel Trust		12,608,204
	696,892	Piedmont Office Realty Trust, Inc., Class A		12,000,480
	415,385	Prologis, Inc. (b)		67,076,370
	478,900	Realty Income Corp.		33,187,770
	251,712	Regency Centers Corp.		17,957,134
	581,300	Retail Opportunity Investments Corp.		11,271,407
	505,000	Rexford Industrial Realty, Inc.		37,667,950
	487,937	Simon Property Group, Inc. (b)		64,192,992
	585,007	Spirit Realty Capital, Inc.		26,922,022
	229,908	Sun Communities, Inc.		40,300,573
	1,408,200	Sunstone Hotel Investors, Inc. (a)		16,588,596
	256,962	Welltower, Inc.		24,704,327

See previously submitted notes to financial statements for the annual period ended December 31, 2021.

CBRE Global Real Estate Income Fund

Portfolio of Investments (unaudited) continued

March 31, 2022

Shares			Market value
		United States (continued)
	369,300	Weyerhaeuser Co. (b)	$	13,996,470
				897,397,584
		Total Common Stock
		(cost $1,270,615,883)		1,412,813,691
		Preferred Stock - 7.0%
		United States - 7.0%
	245,403	Digital Realty Trust, Inc., Series J, 5.250%		6,112,989
	301,100	Digital Realty Trust, Inc., Series L, 5.200%		7,497,390
	282,200	Federal Realty Investment Trust, Series C, 5.000%		7,128,372
	405,900	National Storage Affiliates Trust, Series A, 6.000%		10,334,214
	383,644	Pebblebrook Hotel Trust, Series E, 6.375%		9,289,441
	541,950	Pebblebrook Hotel Trust, Series F, 6.300%		13,098,986
	262,125	Pebblebrook Hotel Trust, Series G, 6.375%		6,474,487
	143,517	Rexford Industrial Realty, Inc., Series B, 5.875%		3,609,452
	287,077	Summit Hotel Properties, Inc., Series E, 6.250%		7,056,353
	265,000	Sunstone Hotel Investors, Inc., Series H, 6.125%		6,389,150
		Total Preferred Stock
		(cost $75,082,081)		76,990,834
		Total Investments - 134.5%
		(cost $1,345,697,964)		1,489,804,525
		Liabilities in Excess of Other Assets - (34.5)%		(381,895,453)
		Net Assets - 100.0%	$	1,107,909,072

Number of     Contracts			Notional Amount		Market Value
		Written Call Options - (0.2)%
		United States - (0.2)%
	(2,000)	Crown Castle International Corp.
		Expires 4/14/2022
		Strike Price $190.00		200,000	$	(362,000)
	(280)	Equinix, Inc.
		Expires 4/14/2022
		Strike Price $760.00		28,000		(274,960)
	(330)	Essex Property Trust, Inc.
		Expires 4/14/2022
		Strike Price $360.00		33,000		(64,680)
	(690)	Extra Space Storage, Inc.
		Expires 4/14/2022
		Strike Price $210.00		69,000		(231,840)
	(2,500)	Prologis, Inc.
		Expires 4/14/2022
		Strike Price $160.00		250,000		(1,347,500)
	(681)	Simon Property Group, Inc.
		Expires 4/14/2022
		Strike Price $155.00		68,100		(5,108)
	(3,600)	Weyerhaeuser Co.
		Expires 4/14/2022
		Strike Price $41.00		360,000		(27,000)
		Total Written Call Options
		(Premiums Received $1,319,904)			$	(2,313,088)

* Includes U.S. Real Estate Investment Trusts (“REIT”) and Real Estate Operating Companies (“REOC”) as well as entities similarly formed under the laws of non-U.S. countries.

(a) Non-income producing security.

(b) A portion of the security has been pledged for open written option contracts. The aggregate market value of the collateral as of March 31, 2022 is $146,245,836.

See previously submitted notes to financial statements for the annual period ended December 31, 2021.

CBRE Global Real Estate Income Fund

Portfolio of Investments (unaudited) concluded

March 31, 2022

Securities Valuation

The following is a summary of various inputs used in determining the value of the Trust’s investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical investments. Level 2 includes other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.). Level 3 includes significant unobservable inputs (including the Trust’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

The following is a summary of inputs used as of March 31, 2022.

Assets	Level 1			Level 2			Level 3		Total
INVESTMENT IN REAL ESTATE SECURITIES
Common Stock
Australia	$	66,265,874		$	–		$	–	$	66,265,874
Belgium		9,232,095			–			–		9,232,095
Canada		33,448,944			–			–		33,448,944
France		27,584,646			–			–		27,584,646
Germany		35,951,582			–			–		35,951,582
Hong Kong		70,732,402			–			–		70,732,402
Japan		119,415,669			–			–		119,415,669
Mexico		18,014,702			–			–		18,014,702
Singapore		49,171,667			–			–		49,171,667
Spain		9,016,447			–			–		9,016,447
Sweden		22,887,886			–			–		22,887,886
United Kingdom		53,694,193			–			–		53,694,193
United States		897,397,584			–			–		897,397,584
Total Common Stock		1,412,813,691			–			–		1,412,813,691
Preferred Stock
United States		76,990,834			–			–		76,990,834
TOTAL INVESTMENT IN REAL ESTATE SECURITIES	$	1,489,804,525		$	–		$	–	$	1,489,804,525
Liabilities
Other Financial Instruments
Written Call Options	$	(2,280,980	)	$	(32,108	)	$	–	$	(2,313,088	)
Total Liabilities	$	(2,280,980	)	$	(32,108	)	$	–	$	(2,313,088	)

See previously submitted notes to financial statements for the annual period ended December 31, 2021.