| 1 |
Wilmington Real Asset Fund
PORTFOLIO OF INVESTMENTS
July 31, 2023 (unaudited)
| Description | Number of Shares |
Value | ||||||
| REAL ESTATE RELATED SECURITIES – 49.7% |
||||||||
| COMMON STOCKS – 6.4% |
||||||||
| CONSTRUCTION & ENGINEERING – 0.0%** |
||||||||
| Ashtrom Group Ltd.0 |
— | $ | 2 | |||||
| DIVERSIFIED – 0.0%** |
||||||||
| Argosy Property Ltd. |
78,356 | 59,374 | ||||||
| Centuria Capital Group |
52,289 | 59,708 | ||||||
| Star Holdings* |
1,373 | 21,405 | ||||||
|
|
|
|||||||
| TOTAL DIVERSIFIED |
$ | 140,487 | ||||||
| DIVERSIFIED REAL ESTATE ACTIVITIES – 2.8% |
|
|||||||
| Airport City Ltd.* |
6,600 | 99,449 | ||||||
| Allreal Holding AG |
1,360 | 249,527 | ||||||
| City Developments Ltd. |
45,500 | 252,863 | ||||||
| Daito Trust Construction Co. Ltd. |
6,100 | 655,600 | ||||||
| Daiwa House Industry Co. Ltd. |
58,600 | 1,590,786 | ||||||
| DIC Asset AG |
5,757 | 28,326 | ||||||
| Gemdale Properties & Investment Corp. Ltd. |
358,000 | 21,116 | ||||||
| Heiwa Real Estate Co. Ltd. |
4,300 | 119,994 | ||||||
| Isras Investment Co. Ltd. |
124 | 25,440 | ||||||
| JINUSHI Co. Ltd. |
1,900 | 25,455 | ||||||
| Kerry Properties Ltd. |
65,000 | 140,020 | ||||||
| Lendlease Corp. Ltd. |
58,795 | 340,821 | ||||||
| Mitsubishi Estate Co. Ltd. |
119,600 | 1,460,269 | ||||||
| Mitsui Fudosan Co. Ltd. |
84,000 | 1,723,221 | ||||||
| New World Development Co. Ltd. |
124,000 | 304,956 | ||||||
| Nomura Real Estate Holdings, Inc. |
11,500 | 284,782 | ||||||
| Property & Building Corp. Ltd.* |
345 | 14,066 | ||||||
| SAMTY Co. Ltd. |
3,100 | 49,464 | ||||||
| Shun Tak Holdings Ltd.* |
224,000 | 37,339 | ||||||
| SRE Holdings Corp.* |
300 | 7,729 | ||||||
| St. Joe Co. (The) |
2,746 | 174,316 | ||||||
| Starts Corp., Inc. |
3,100 | 64,172 | ||||||
| Sumitomo Realty & Development Co. Ltd. |
42,100 | 1,126,297 | ||||||
| Sun Frontier Fudousan Co. Ltd. |
3,900 | 41,340 | ||||||
| Sun Hung Kai Properties Ltd. |
133,000 | 1,663,587 | ||||||
| Tokyo Tatemono Co. Ltd. |
17,900 | 238,746 | ||||||
| Tokyu Fudosan Holdings Corp. |
53,600 | 318,100 | ||||||
| UOL Group Ltd. |
40,500 | 214,112 | ||||||
| Wharf Holdings Ltd. (The) |
122,000 | 285,645 | ||||||
| YH Dimri Construction & Development Ltd. |
637 | 45,012 | ||||||
|
|
|
|||||||
| TOTAL DIVERSIFIED REAL ESTATE ACTIVITIES |
|
$ | 11,602,550 | |||||
| OFFICE – 0.0%** |
||||||||
| Precinct Properties Group |
110,972 | 92,704 | ||||||
| REAL ESTATE DEVELOPMENT – 0.6% |
||||||||
| Aedas Homes SA |
1,862 | 33,289 | ||||||
| Cedar Woods Properties Ltd. |
7,515 | 25,391 | ||||||
| CK Asset Holdings Ltd. |
172,000 | 992,448 | ||||||
| DREAM Unlimited Corp., Class A |
1,602 | 25,136 | ||||||
| Far East Consortium International Ltd. |
85,800 | 20,243 | ||||||
| Forestar Group, Inc.* |
1,558 | 45,930 | ||||||
| Description |
Number of Shares |
Value | ||||||
| Goldcrest Co. Ltd. |
1,500 | $ | 20,349 | |||||
| Greenland Hong Kong Holdings Ltd. |
101,000 | 6,022 | ||||||
| Henderson Land Development Co. Ltd. |
114,735 | 353,081 | ||||||
| Howard Hughes Corp. (The)* |
3,529 | 297,953 | ||||||
| Immobel SA |
315 | 12,468 | ||||||
| Instone Real Estate Group SE |
5,505 | 38,314 | ||||||
| K Wah International Holdings Ltd. |
135,000 | 44,141 | ||||||
| Katitas Co. Ltd. |
4,100 | 75,276 | ||||||
| Lifestyle Communities Ltd. |
11,047 | 128,816 | ||||||
| Mirarth Holdings, Inc. |
11,700 | 39,722 | ||||||
| Nexity SA |
5,723 | 96,966 | ||||||
| Sino Land Co. Ltd. |
274,000 | 335,522 | ||||||
| Tosei Corp. |
2,300 | 28,470 | ||||||
|
|
|
|||||||
| TOTAL REAL ESTATE DEVELOPMENT |
$ | 2,619,537 | ||||||
| REAL ESTATE OPERATING COMPANIES – 3.0% |
|
|||||||
| ADLER Group SA* |
15,042 | 11,097 | ||||||
| Aeon Mall Co. Ltd. |
10,600 | 130,875 | ||||||
| AFI Properties Ltd.* |
503 | 20,398 | ||||||
| Akelius Residential Property AB, Class D |
21,145 | 41,988 | ||||||
| Alony Hetz Properties & Investments Ltd. |
15,256 | 128,217 | ||||||
| Amot Investments Ltd. |
22,738 | 121,957 | ||||||
| Aroundtown SA* |
93,245 | 144,660 | ||||||
| Atrium Ljungberg AB, Class B |
6,191 | 121,392 | ||||||
| Azrieli Group Ltd. |
3,773 | 214,682 | ||||||
| Big Shopping Centers Ltd.* |
1,300 | 122,304 | ||||||
| Blue Square Real Estate Ltd. |
878 | 53,659 | ||||||
| CA Immobilien Anlagen AG |
4,455 | 142,295 | ||||||
| Capitaland India Trust |
86,834 | 74,443 | ||||||
| Capitaland Investment Ltd. |
232,400 | 594,217 | ||||||
| Castellum AB |
30,487 | 347,404 | ||||||
| Catena AB |
3,309 | 127,061 | ||||||
| Cibus Nordic Real Estate AB |
6,754 | 75,904 | ||||||
| Citycon OYJ* |
7,281 | 45,191 | ||||||
| CTP NV |
8,799 | 120,738 | ||||||
| Deutsche Wohnen SE |
5,914 | 148,256 | ||||||
| DigitalBridge Group, Inc.# |
12,599 | 201,836 | ||||||
| Dios Fastigheter AB |
11,065 | 75,474 | ||||||
| Electra Real Estate Ltd. |
2,021 | 25,395 | ||||||
| Entra ASA |
15,547 | 151,941 | ||||||
| Fabege AB |
23,153 | 200,596 | ||||||
| Fastighets AB Balder, Class B* |
53,856 | 251,414 | ||||||
| FRP Holdings, Inc.* |
573 | 32,873 | ||||||
| G City, Ltd. |
8,975 | 31,148 | ||||||
| Gav-Yam Lands Corp. Ltd. |
5,012 | 35,988 | ||||||
| Grainger PLC |
65,116 | 210,421 | ||||||
| Grand City Properties SA* |
10,219 | 84,268 | ||||||
| Hang Lung Group Ltd. |
79,000 | 123,176 | ||||||
| Hang Lung Properties Ltd. |
157,000 | 243,586 | ||||||
| Hongkong Land Holdings Ltd. |
99,700 | 354,932 | ||||||
| Hufvudstaden AB, Class A |
11,486 | 140,651 | ||||||
| Hulic Co. Ltd. |
52,200 | 443,791 | ||||||
| Hysan Development Co. Ltd. |
56,001 | 132,124 | ||||||
July 31, 2023 (unaudited)
| 2 | PORTFOLIO OF INVESTMENTS | |
| Wilmington Real Asset Fund (continued) | ||
| Description | Number of Shares |
Value | ||||||
| Ichigo, Inc. |
19,800 | $ | 37,578 | |||||
| Intershop Holding AG |
171 | 118,046 | ||||||
| Israel Canada T.R Ltd. |
9,850 | 24,433 | ||||||
| Keihanshin Building Co. Ltd. |
4,900 | 43,501 | ||||||
| Kennedy-Wilson Holdings, Inc. |
10,343 | 170,660 | ||||||
| Kojamo OYJ |
12,869 | 125,647 | ||||||
| LEG Immobilien SE* |
6,371 | 450,836 | ||||||
| Leopalace21 Corp.* |
25,000 | 53,773 | ||||||
| Mega Or Holdings Ltd. |
1,802 | 39,714 | ||||||
| Melisron Ltd. |
2,063 | 136,349 | ||||||
| Mivne Real Estate KD Ltd. |
54,842 | 144,642 | ||||||
| Mobimo Holding AG |
620 | 183,074 | ||||||
| Neobo Fastigheter AB* |
6,805 | 7,344 | ||||||
| Norstar Holdings, Inc.* |
2,349 | 6,185 | ||||||
| NP3 Fastigheter AB |
3,018 | 50,690 | ||||||
| Nyfosa AB |
13,690 | 86,811 | ||||||
| Pandox AB |
7,020 | 82,695 | ||||||
| Phoenix Spree Deutschland Ltd. |
8,227 | 20,430 | ||||||
| Platzer Fastigheter Holding AB, Class B |
4,270 | 32,452 | ||||||
| PSP Swiss Property AG |
3,995 | 470,943 | ||||||
| Sagax AB, Class D |
19,966 | 50,169 | ||||||
| Sagax AB, Class B |
15,745 | 349,859 | ||||||
| Samhallsbyggnadsbolaget i Norden AB, Class D |
21,008 | 8,676 | ||||||
| Samhallsbyggnadsbolaget i Norden AB |
95,179 | 41,096 | ||||||
| Sirius Real Estate Ltd. |
80,598 | 85,386 | ||||||
| Summit Real Estate Holdings Ltd. |
2,479 | 34,306 | ||||||
| Swire Properties Ltd. |
93,400 | 233,533 | ||||||
| Swiss Prime Site AG |
6,660 | 644,578 | ||||||
| TAG Immobilien AG* |
16,504 | 185,544 | ||||||
| TKP Corp.* |
1,700 | 33,937 | ||||||
| TOC Co. Ltd. |
5,500 | 23,660 | ||||||
| Tricon Residential, Inc. |
24,106 | 225,220 | ||||||
| VGP NV |
1,068 | 114,374 | ||||||
| Vonovia SE |
67,984 | 1,587,656 | ||||||
| Wallenstam AB, Class B |
35,212 | 137,350 | ||||||
| WeWork, Inc., Class A* |
29,746 | 6,440 | ||||||
| Wharf Real Estate Investment Co. Ltd. |
140,000 | 749,465 | ||||||
| Wihlborgs Fastigheter AB |
22,830 | 178,495 | ||||||
|
|
|
|||||||
| TOTAL REAL ESTATE OPERATING COMPANIES |
$ | 12,501,899 | ||||||
| RETAIL – 0.0%** |
||||||||
| Kiwi Property Group Ltd. |
181,673 | 107,195 | ||||||
| SINGLE-FAMILY RESIDENTIAL – 0.0%** |
|
|||||||
| Bluerock Homes Trust, Inc.* |
675 | 10,942 | ||||||
|
|
|
|||||||
| TOTAL COMMON STOCKS |
$ | 27,075,316 | ||||||
| EXCHANGE-TRADED FUNDS – 11.6% |
||||||||
| REAL ESTATE – 11.6% |
||||||||
| Balanced Commercial Property Trust Ltd. |
64,435 | 57,471 | ||||||
| Schwab U.S. REIT ETF# |
1,423,000 | 28,331,930 | ||||||
| Vanguard Global ex-U.S. Real Estate ETF |
480,700 | 20,420,136 | ||||||
|
|
|
|||||||
| TOTAL REAL ESTATE |
$ | 48,809,537 | ||||||
|
|
|
|||||||
| TOTAL EXCHANGE-TRADED FUNDS |
$ | 48,809,537 | ||||||
| Description |
Number of Shares |
Value | ||||||
| INVESTMENT COMPANY – 2.0% |
||||||||
| EQUITY FUNDS – 2.0% |
||||||||
| Tortoise Energy Infrastructure Total Return Fund, Institutional Class |
595,523 | $ | 8,331,370 | |||||
|
|
|
|||||||
| TOTAL INVESTMENT COMPANY |
$ | 8,331,370 | ||||||
| REAL ESTATE INVESTMENT TRUSTS – 29.7% |
|
|||||||
| DATA CENTER – 2.4% |
||||||||
| Digital Realty Trust, Inc. |
25,335 | 3,157,248 | ||||||
| Equinix, Inc. |
8,220 | 6,657,542 | ||||||
| Keppel DC REIT |
117,495 | 193,506 | ||||||
|
|
|
|||||||
| TOTAL DATA CENTER |
$ | 10,008,296 | ||||||
| DIVERSIFIED – 2.3% |
||||||||
| Abacus Property Group |
34,498 | 61,638 | ||||||
| ABRDN PROPERTY INCOME TRUST, LTD. |
30,168 | 19,784 | ||||||
| Activia Properties, Inc. |
64 | 186,244 | ||||||
| AEW UK REIT PLC |
21,753 | 27,805 | ||||||
| Alexander & Baldwin, Inc. |
7,229 | 138,797 | ||||||
| American Assets Trust, Inc. |
4,901 | 110,273 | ||||||
| Armada Hoffler Properties, Inc. |
5,648 | 70,148 | ||||||
| Artis REIT |
4,368 | 23,022 | ||||||
| British Land Co. PLC (The) |
81,828 | 354,947 | ||||||
| Broadstone Net Lease, Inc. |
16,554 | 269,830 | ||||||
| Charter Hall Group |
44,505 | 341,689 | ||||||
| Charter Hall Long Wale REIT |
56,185 | 155,109 | ||||||
| Cromwell European REIT |
48,300 | 85,500 | ||||||
| CTO Realty Growth, Inc. |
1,616 | 28,280 | ||||||
| Custodian Property Income REIT PLC |
42,620 | 47,586 | ||||||
| Daiwa House REIT Investment Corp. |
186 | 366,077 | ||||||
| Empire State Realty Trust, Inc., Class A# |
16,562 | 148,230 | ||||||
| ESCON Japan REIT Investment Corp. |
25 | 20,420 | ||||||
| Essential Properties Realty Trust, Inc. |
13,082 | 321,163 | ||||||
| Gladstone Commercial Corp. |
2,455 | 32,652 | ||||||
| Global Net Lease, Inc. |
11,392 | 121,780 | ||||||
| GPT Group (The) |
166,819 | 486,307 | ||||||
| Growthpoint Properties Australia Ltd. |
26,398 | 50,890 | ||||||
| H&R REIT |
12,857 | 100,329 | ||||||
| Hankyu Hanshin REIT, Inc. |
53 | 52,939 | ||||||
| Heiwa REIT, Inc. |
110 | 112,192 | ||||||
| Hulic REIT, Inc. |
120 | 139,177 | ||||||
| ICADE |
3,089 | 125,937 | ||||||
| Land Securities Group PLC |
65,429 | 543,611 | ||||||
| Lar Espana Real Estate Socimi SA |
4,971 | 32,192 | ||||||
| LXI REIT PLC |
162,828 | 198,831 | ||||||
| Merlin Properties Socimi SA |
28,879 | 268,943 | ||||||
| Mirvac Group |
349,883 | 549,938 | ||||||
| Mori Trust REIT, Inc. |
256 | 131,900 | ||||||
| NIPPON REIT Investment Corp. |
49 | 116,589 | ||||||
| Nomura Real Estate Master Fund, Inc. |
412 | 490,004 | ||||||
| NTT UD REIT Investment Corp. |
141 | 133,700 | ||||||
| One Liberty Properties, Inc. |
890 | 18,183 | ||||||
| Picton Property Income Ltd. |
63,920 | 57,914 | ||||||
| REIT 1 Ltd. |
15,048 | 65,486 | ||||||
| Schroder REIT Ltd. |
45,679 | 25,295 | ||||||
| Sekisui House REIT, Inc. |
383 | 227,218 | ||||||
July 31, 2023 (unaudited)
| PORTFOLIO OF INVESTMENTS | 3 | |
| Wilmington Real Asset Fund (continued) | ||
| Description | Number of Shares |
Value | ||||||
| Sella Capital Real Estate Ltd. |
19,590 | $ | 40,793 | |||||
| Star Asia Investment Corp. |
162 | 65,476 | ||||||
| Stockland |
211,405 | 599,243 | ||||||
| Sunlight REIT |
139,000 | 51,687 | ||||||
| Suntec REIT |
186,000 | 180,440 | ||||||
| Takara Leben Real Estate Investment Corp. |
43 | 29,439 | ||||||
| Tokyu REIT, Inc. |
96 | 126,929 | ||||||
| Tosei REIT Investment Corp. |
34 | 32,479 | ||||||
| UK Commercial Property REIT Ltd. |
66,143 | 44,395 | ||||||
| United Urban Investment Corp. |
276 | 297,796 | ||||||
| WP Carey, Inc. |
18,801 | 1,269,632 | ||||||
| Yuexiu REIT |
325,000 | 66,676 | ||||||
|
|
|
|||||||
| TOTAL DIVERSIFIED |
$ | 9,663,534 | ||||||
| HEALTH CARE – 2.5% |
||||||||
| Aedifica SA |
4,112 | 282,571 | ||||||
| Assura PLC |
251,668 | 152,962 | ||||||
| CareTrust REIT, Inc. |
8,743 | 181,767 | ||||||
| Cofinimmo SA |
2,626 | 205,575 | ||||||
| Community Healthcare Trust, Inc. |
1,841 | 64,877 | ||||||
| Diversified Healthcare Trust |
35,676 | 74,563 | ||||||
| Global Medical REIT, Inc. |
5,565 | 55,093 | ||||||
| Health Care & Medical Investment Corp. |
33 | 35,537 | ||||||
| Healthcare Realty Trust, Inc. |
33,319 | 650,720 | ||||||
| Healthpeak Properties, Inc. |
48,382 | 1,056,179 | ||||||
| Impact Healthcare REIT PLC |
38,181 | 45,570 | ||||||
| LTC Properties, Inc. |
4,111 | 137,965 | ||||||
| Medical Properties Trust, Inc.# |
51,540 | 520,039 | ||||||
| National Health Investors, Inc. |
3,914 | 214,918 | ||||||
| NorthWest Healthcare Properties REIT |
10,602 | 56,200 | ||||||
| Omega Healthcare Investors, Inc. |
20,398 | 650,696 | ||||||
| Parkway Life REIT |
42,700 | 124,592 | ||||||
| Physicians Realty Trust |
20,954 | 308,862 | ||||||
| Primary Health Properties PLC |
117,554 | 142,565 | ||||||
| Sabra Health Care REIT, Inc. |
19,520 | 253,565 | ||||||
| Universal Health Realty Income Trust |
1,459 | 69,638 | ||||||
| Ventas, Inc. |
35,433 | 1,719,209 | ||||||
| Vital Healthcare Property Trust |
72,039 | 106,042 | ||||||
| Welltower, Inc. |
44,320 | 3,640,888 | ||||||
|
|
|
|||||||
| TOTAL HEALTH CARE |
$ | 10,750,593 | ||||||
| HOTEL & RESORT – 1.0% |
||||||||
| Apple Hospitality REIT, Inc. |
18,758 | 290,749 | ||||||
| Ashford Hospitality Trust, Inc.*,# |
5,580 | 22,320 | ||||||
| Braemar Hotels & Resorts, Inc. |
5,100 | 18,870 | ||||||
| CapitaLand Ascott Trust |
186,749 | 157,292 | ||||||
| CDL Hospitality Trusts |
59,214 | 52,991 | ||||||
| Chatham Lodging Trust |
5,931 | 56,938 | ||||||
| DiamondRock Hospitality Co. |
18,163 | 154,385 | ||||||
| Far East Hospitality Trust |
94,900 | 46,032 | ||||||
| Hersha Hospitality Trust, Class A |
6,231 | 39,006 | ||||||
| Hoshino Resorts REIT, Inc. |
27 | 118,237 | ||||||
| Host Hotels & Resorts, Inc. |
60,949 | 1,121,462 | ||||||
| Hotel Property Investments Ltd., REIT |
17,262 | 35,017 | ||||||
| Invincible Investment Corp. |
520 | 215,288 | ||||||
| Japan Hotel REIT Investment Corp. |
382 | 189,570 | ||||||
| Park Hotels & Resorts, Inc. |
20,186 | 275,135 | ||||||
| Pebblebrook Hotel Trust# |
10,735 | 165,856 | ||||||
| Description | Number of Shares |
Value | ||||||
| RLJ Lodging Trust |
14,219 | $ | 146,456 | |||||
| Ryman Hospitality Properties, Inc. |
4,700 | 447,863 | ||||||
| Service Properties Trust |
15,958 | 135,483 | ||||||
| Summit Hotel Properties, Inc. |
9,200 | 59,248 | ||||||
| Sunstone Hotel Investors, Inc. |
18,168 | 185,132 | ||||||
| Xenia Hotels & Resorts, Inc. |
9,642 | 122,453 | ||||||
|
|
|
|||||||
| TOTAL HOTEL & RESORT |
$ | 4,055,783 | ||||||
| INDUSTRIAL – 5.5% |
||||||||
| Advance Logistics Investment Corp. |
45 | 41,753 | ||||||
| AIMS APAC REIT |
43,700 | 41,079 | ||||||
| Americold Realty Trust, Inc. |
22,771 | 738,236 | ||||||
| CapitaLand Ascendas REIT |
300,800 | 635,644 | ||||||
| Centuria Industrial REIT |
60,763 | 129,790 | ||||||
| CRE Logistics REIT, Inc. |
77 | 94,988 | ||||||
| Dexus Industria REIT |
20,663 | 38,862 | ||||||
| Dream Industrial REIT |
12,380 | 133,221 | ||||||
| EastGroup Properties, Inc. |
3,904 | 691,711 | ||||||
| ESR-LOGOS REIT |
212,393 | 55,105 | ||||||
| First Industrial Realty Trust, Inc. |
11,753 | 607,630 | ||||||
| Frasers Logistics & Commercial Trust |
286,420 | 262,781 | ||||||
| GLP J-REIT |
420 | 413,609 | ||||||
| Goodman Group |
151,325 | 2,087,788 | ||||||
| Goodman Property Trust |
90,440 | 126,949 | ||||||
| Granite REIT |
2,802 | 164,552 | ||||||
| Industrial & Infrastructure Fund Investment Corp. |
187 | 195,590 | ||||||
| Industrial Logistics Properties Trust |
8,189 | 34,721 | ||||||
| Innovative Industrial Properties, Inc. |
2,424 | 192,054 | ||||||
| Intervest Offices & Warehouses NV |
2,092 | 30,776 | ||||||
| Japan Logistics Fund, Inc. |
83 | 175,317 | ||||||
| LaSalle Logiport REIT |
161 | 172,130 | ||||||
| LondonMetric Property PLC |
87,894 | 208,452 | ||||||
| LXP Industrial Trust |
25,717 | 258,970 | ||||||
| Mapletree Industrial Trust |
188,570 | 317,651 | ||||||
| Mapletree Logistics Trust |
273,250 | 347,278 | ||||||
| Mitsubishi Estate Logistics REIT Investment Corp. |
46 | 131,600 | ||||||
| Mitsui Fudosan Logistics Park, Inc. |
49 | 174,280 | ||||||
| Montea NV |
1,482 | 120,091 | ||||||
| Nexus Industrial REIT |
3,140 | 19,621 | ||||||
| Nippon Prologis REIT, Inc. |
242 | 494,496 | ||||||
| Plymouth Industrial REIT, Inc. |
2,273 | 51,756 | ||||||
| Prologis, Inc. |
81,169 | 10,125,833 | ||||||
| Rexford Industrial Realty, Inc. |
17,663 | 973,055 | ||||||
| Segro PLC |
105,881 | 1,036,783 | ||||||
| SOSiLA Logistics REIT, Inc. |
61 | 55,098 | ||||||
| STAG Industrial, Inc.# |
15,691 | 569,583 | ||||||
| Terreno Realty Corp. |
6,445 | 382,446 | ||||||
| Tritax Big Box REIT PLC |
164,924 | 292,296 | ||||||
| Urban Logistics REIT PLC |
57,207 | 89,422 | ||||||
| Warehouses De Pauw |
13,501 | 399,016 | ||||||
|
|
|
|||||||
| TOTAL INDUSTRIAL |
$ | 23,112,013 | ||||||
| MULTI-FAMILY RESIDENTIAL – 3.2% |
||||||||
| Advance Residence Investment Corp. |
123 | 299,578 | ||||||
| Altarea SCA |
322 | 30,093 | ||||||
| Apartment Income REIT Corp. |
13,631 | 470,815 | ||||||
July 31, 2023 (unaudited)
| 4 | PORTFOLIO OF INVESTMENTS | |
| Wilmington Real Asset Fund (continued) | ||
| Description | Number of Shares |
Value | ||||||
| Apartment Investment & Management Co., Class A |
16,412 | $ | 136,712 | |||||
| AvalonBay Communities, Inc. |
12,437 | 2,346,240 | ||||||
| Boardwalk REIT |
2,414 | 119,926 | ||||||
| BRT Apartments Corp. |
1,574 | 30,646 | ||||||
| Camden Property Trust |
9,650 | 1,052,718 | ||||||
| Canadian Apartment Properties REIT |
7,253 | 282,772 | ||||||
| Care Property Invest NV |
2,766 | 39,110 | ||||||
| Centerspace |
1,616 | 100,402 | ||||||
| Clipper Realty, Inc. |
9,929 | 63,546 | ||||||
| Comforia Residential REIT, Inc. |
60 | 143,605 | ||||||
| Daiwa Securities Living Investments Corp. |
192 | 153,719 | ||||||
| Elme Communities |
8,533 | 138,661 | ||||||
| Empiric Student Property PLC |
51,684 | 58,369 | ||||||
| Equity Residential |
30,156 | 1,988,487 | ||||||
| Essex Property Trust, Inc. |
5,669 | 1,380,685 | ||||||
| Home REIT PLC |
42,087 | 16,420 | ||||||
| Independence Realty Trust, Inc. |
19,494 | 332,178 | ||||||
| Ingenia Communities Group |
45,700 | 125,242 | ||||||
| InterRent REIT |
6,334 | 61,531 | ||||||
| Irish Residential Properties REIT PLC |
33,709 | 35,877 | ||||||
| Kenedix Residential Next Investment Corp. |
94 | 147,014 | ||||||
| Killam Apartment REIT |
4,993 | 68,535 | ||||||
| Mid-America Apartment Communities, Inc. |
10,317 | 1,544,042 | ||||||
| Minto Apartment REIT |
1,676 | 19,154 | ||||||
| Morguard North American Residential REIT |
1,808 | 22,459 | ||||||
| NexPoint Residential Trust, Inc. |
2,691 | 111,838 | ||||||
| Nippon Accommodations Fund, Inc. |
43 | 203,718 | ||||||
| Samty Residential Investment Corp. |
61 | 49,952 | ||||||
| Starts Proceed Investment Corp. |
19 | 30,023 | ||||||
| Triple Point Social Housing REIT PLC |
36,682 | 29,658 | ||||||
| UDR, Inc. |
27,362 | 1,118,559 | ||||||
| UNITE Group PLC (The) |
34,895 | 435,958 | ||||||
| Veris Residential, Inc.* |
9,191 | 171,688 | ||||||
| Xior Student Housing NV |
1,779 | 55,453 | ||||||
|
|
|
|||||||
| TOTAL MULTI-FAMILY RESIDENTIAL |
$ | 13,415,383 | ||||||
| OFFICE – 2.5% |
||||||||
| Alexandria Real Estate Equities, Inc. |
13,922 | 1,749,717 | ||||||
| Allied Properties REIT |
6,285 | 104,571 | ||||||
| Boston Properties, Inc. |
12,246 | 815,951 | ||||||
| Brandywine Realty Trust |
15,708 | 79,325 | ||||||
| Centuria Office REIT |
38,286 | 37,289 | ||||||
| Champion REIT |
160,000 | 58,880 | ||||||
| City Office REIT, Inc. |
2,823 | 15,442 | ||||||
| CLS Holdings PLC |
25,558 | 45,854 | ||||||
| Corporate Office Properties Trust |
9,985 | 259,610 | ||||||
| Cousins Properties, Inc. |
13,130 | 320,766 | ||||||
| Covivio SA |
4,040 | 195,181 | ||||||
| Cromwell Property Group |
136,773 | 50,529 | ||||||
| Daiwa Office Investment Corp. |
30 | 132,007 | ||||||
| Derwent London PLC |
9,890 | 268,570 | ||||||
| Dexus |
93,667 | 517,171 | ||||||
| Douglas Emmett, Inc.# |
14,979 | 220,191 | ||||||
| Dream Office REIT |
2,347 | 24,295 | ||||||
| Easterly Government Properties, Inc.# |
8,883 | 131,113 | ||||||
| Equity Commonwealth |
9,699 | 190,003 | ||||||
| Franklin Street Properties Corp. |
9,107 | 15,300 | ||||||
| Description | Number of Shares |
Value | ||||||
| GDI Property Group Partnership |
37,938 | $ | 16,946 | |||||
| Gecina SA |
4,735 | 512,023 | ||||||
| Global One Real Estate Investment Corp. |
81 | 66,900 | ||||||
| Great Portland Estates PLC |
24,043 | 131,938 | ||||||
| Helical PLC |
12,067 | 41,658 | ||||||
| Highwoods Properties, Inc. |
9,349 | 236,249 | ||||||
| Hudson Pacific Properties, Inc. |
12,391 | 72,735 | ||||||
| Ichigo Office REIT Investment Corp. |
168 | 104,627 | ||||||
| Inmobiliaria Colonial Socimi SA |
26,612 | 171,756 | ||||||
| Japan Excellent, Inc. |
143 | 132,581 | ||||||
| Japan Prime Realty Investment Corp. |
89 | 221,460 | ||||||
| Japan Real Estate Investment Corp. |
125 | 502,583 | ||||||
| JBG SMITH Properties |
9,549 | 159,755 | ||||||
| Kenedix Office Investment Corp. |
74 | 175,813 | ||||||
| Keppel Pacific Oak U.S. REIT |
91,600 | 30,228 | ||||||
| Keppel REIT |
160,800 | 110,042 | ||||||
| Kilroy Realty Corp. |
8,967 | 320,122 | ||||||
| Manulife U.S. REIT |
149,700 | 15,719 | ||||||
| Mirai Corp. |
131 | 42,219 | ||||||
| Mori Hills REIT Investment Corp. |
139 | 141,379 | ||||||
| Nippon Building Fund, Inc. |
150 | 628,405 | ||||||
| NSI NV |
1,341 | 28,191 | ||||||
| Office Properties Income Trust |
3,636 | 27,997 | ||||||
| One REIT, Inc. |
24 | 43,744 | ||||||
| Orion Office REIT, Inc. |
6,503 | 42,270 | ||||||
| Orix JREIT, Inc. |
244 | 310,263 | ||||||
| Paramount Group, Inc. |
17,642 | 92,444 | ||||||
| Piedmont Office Realty Trust, Inc., Class A |
11,198 | 83,313 | ||||||
| Prime U.S. REIT |
75,100 | 13,668 | ||||||
| Prosperity REIT |
87,000 | 18,853 | ||||||
| Regional REIT Ltd. |
34,529 | 19,808 | ||||||
| Sankei Real Estate, Inc. |
41 | 27,321 | ||||||
| SL Green Realty Corp. |
5,693 | 214,683 | ||||||
| True North Commercial REIT |
3,946 | 7,840 | ||||||
| Vornado Realty Trust |
13,572 | 305,099 | ||||||
| Workspace Group PLC |
21,828 | 139,112 | ||||||
|
|
|
|||||||
| TOTAL OFFICE |
$ | 10,441,509 | ||||||
| OTHER SPECIALIZED – 1.5% |
||||||||
| Arena REIT |
35,122 | 89,647 | ||||||
| Automotive Properties REIT |
3,080 | 27,421 | ||||||
| Charter Hall Social Infrastructure REIT |
35,768 | 71,836 | ||||||
| EPR Properties |
6,617 | 295,383 | ||||||
| Farmland Partners, Inc.# |
2,902 | 33,344 | ||||||
| Four Corners Property Trust, Inc. |
7,695 | 202,378 | ||||||
| Gaming and Leisure Properties, Inc. |
23,087 | 1,095,709 | ||||||
| Gladstone Land Corp. |
3,132 | 52,430 | ||||||
| Iron Mountain, Inc. |
25,796 | 1,583,874 | ||||||
| Rural Funds Group |
32,605 | 43,802 | ||||||
| Safehold, Inc. |
4,115 | 101,764 | ||||||
| VICI Properties, Inc. |
88,268 | 2,778,677 | ||||||
|
|
|
|||||||
| TOTAL OTHER SPECIALIZED |
$ | 6,376,265 | ||||||
| REAL ESTATE OPERATING COMPANIES – 0.0%** |
|
|||||||
| Seritage Growth Properties, Class A*,# |
5,575 | 52,349 | ||||||
| Shurgard Self Storage Ltd. |
2,600 | 118,894 | ||||||
|
|
|
|||||||
| TOTAL REAL ESTATE OPERATING COMPANIES |
$ | 171,243 | ||||||
July 31, 2023 (unaudited)
| PORTFOLIO OF INVESTMENTS | 5 | |
| Wilmington Real Asset Fund (continued) | ||
| Description | Number of Shares |
Value | ||||||
| RETAIL – 5.6% |
||||||||
| Acadia Realty Trust |
8,750 | $ | 137,463 | |||||
| AEON REIT Investment Corp. |
157 | 165,205 | ||||||
| Agree Realty Corp. |
8,192 | 530,678 | ||||||
| Alexander’s, Inc. |
134 | 25,912 | ||||||
| Brixmor Property Group, Inc. |
26,404 | 600,427 | ||||||
| BWP Trust |
49,254 | 121,418 | ||||||
| CapitaLand China Trust |
120,900 | 94,556 | ||||||
| CapitaLand Integrated Commercial Trust |
447,347 | 686,285 | ||||||
| Carmila SA* |
7,784 | 126,152 | ||||||
| CBL & Associates Properties, Inc. |
2,691 | 58,583 | ||||||
| Charter Hall Retail REIT |
49,743 | 125,296 | ||||||
| Choice Properties REIT |
15,157 | 159,886 | ||||||
| Crombie REIT |
4,825 | 50,971 | ||||||
| CT REIT |
6,101 | 70,465 | ||||||
| Eurocommercial Properties NV |
4,984 | 126,038 | ||||||
| Federal Realty Investment Trust |
6,499 | 659,779 | ||||||
| First Capital REIT |
10,254 | 114,542 | ||||||
| Fortune REIT |
131,000 | 94,568 | ||||||
| Frasers Centrepoint Trust |
104,623 | 170,733 | ||||||
| Frontier Real Estate Investment Corp. |
44 | 146,136 | ||||||
| Fukuoka REIT Corp. |
64 | 74,902 | ||||||
| Getty Realty Corp. |
4,149 | 134,096 | ||||||
| Hamborner REIT AG |
9,415 | 68,115 | ||||||
| Hammerson PLC |
292,015 | 99,685 | ||||||
| HMC Capital Ltd. |
32,361 | 112,597 | ||||||
| HomeCo Daily Needs REIT |
152,785 | 122,638 | ||||||
| InvenTrust Properties Corp. |
6,157 | 149,861 | ||||||
| Japan Metropolitan Fund Invest |
610 | 418,058 | ||||||
| Kenedix Retail REIT Corp. |
64 | 125,197 | ||||||
| Kimco Realty Corp. |
54,450 | 1,103,157 | ||||||
| Kite Realty Group Trust |
19,182 | 438,884 | ||||||
| Klepierre SA |
17,223 | 457,321 | ||||||
| Lendlease Global Commercial REIT |
145,125 | 74,213 | ||||||
| Link REIT |
224,800 | 1,258,193 | ||||||
| Macerich Co. (The) |
18,914 | 241,154 | ||||||
| Mapletree Pan Asia Commercial Trust |
187,123 | 232,189 | ||||||
| Mercialys SA |
4,343 | 37,604 | ||||||
| Necessity Retail REIT, Inc. (The) |
15,917 | 113,011 | ||||||
| NETSTREIT Corp. |
2,616 | 46,800 | ||||||
| NewRiver REIT PLC |
17,295 | 18,422 | ||||||
| NNN REIT, Inc. |
15,976 | 681,856 | ||||||
| Phillips Edison & Co., Inc.# |
10,352 | 365,529 | ||||||
| Primaris REIT |
2,451 | 24,795 | ||||||
| Realty Income Corp. |
58,144 | 3,545,040 | ||||||
| Regency Centers Corp. |
13,640 | 893,829 | ||||||
| Region RE Ltd. |
98,776 | 160,562 | ||||||
| Retail Estates NV |
1,199 | 76,593 | ||||||
| Retail Opportunity Investments Corp. |
10,776 | 158,730 | ||||||
| RioCan REIT |
12,827 | 195,034 | ||||||
| RPT Realty |
7,659 | 83,253 | ||||||
| Sasseur REIT |
61,100 | 32,853 | ||||||
| Saul Centers, Inc. |
944 | 36,391 | ||||||
| Scentre Group |
454,429 | 857,724 | ||||||
| Shaftesbury Capital PLC |
175,036 | 269,110 | ||||||
| Simon Property Group, Inc. |
28,916 | 3,602,934 | ||||||
| SITE Centers Corp. |
16,242 | 228,200 | ||||||
| Description | Number of Shares |
Value | ||||||
| Slate Grocery REIT, Class U |
2,915 | $ | 29,467 | |||||
| SmartCentres REIT |
7,835 | 148,007 | ||||||
| Spirit Realty Capital, Inc. |
12,494 | 503,883 | ||||||
| Starhill Global REIT |
158,600 | 61,424 | ||||||
| Supermarket Income REIT PLC |
106,288 | 104,077 | ||||||
| Tanger Factory Outlet Centers, Inc. |
9,051 | 211,884 | ||||||
| Unibail-Rodamco-Westfield* |
12,168 | 689,807 | ||||||
| Urban Edge Properties |
10,097 | 171,750 | ||||||
| Urstadt Biddle Properties, Inc., Class A |
3,106 | 70,444 | ||||||
| Vastned Retail NV |
2,088 | 46,604 | ||||||
| Vicinity Ltd. |
330,292 | 438,168 | ||||||
| Waypoint REIT Ltd. |
71,780 | 126,322 | ||||||
| Wereldhave NV |
2,996 | 53,529 | ||||||
| Whitestone REIT |
4,055 | 41,848 | ||||||
|
|
|
|||||||
| TOTAL RETAIL |
$ | 23,500,837 | ||||||
| SELF-STORAGE – 1.9% |
||||||||
| Big Yellow Group PLC |
15,433 | 212,518 | ||||||
| CubeSmart |
19,878 | 861,910 | ||||||
| Extra Space Storage, Inc. |
18,568 | 2,591,507 | ||||||
| National Storage Affiliates Trust |
7,434 | 251,195 | ||||||
| National Storage REIT |
108,509 | 169,094 | ||||||
| Public Storage |
13,908 | 3,918,579 | ||||||
| Safestore Holdings PLC |
19,154 | 217,790 | ||||||
|
|
|
|||||||
| TOTAL SELF-STORAGE |
$ | 8,222,593 | ||||||
| SINGLE-FAMILY RESIDENTIAL – 1.3% |
||||||||
| American Homes 4 Rent, Class A |
27,617 | 1,035,085 | ||||||
| Equity LifeStyle Properties, Inc. |
15,479 | 1,101,795 | ||||||
| Invitation Homes, Inc. |
52,446 | 1,861,833 | ||||||
| PRS REIT PLC (The) |
46,884 | 49,579 | ||||||
| Sun Communities, Inc. |
11,002 | 1,433,561 | ||||||
| UMH Properties, Inc. |
3,166 | 52,714 | ||||||
|
|
|
|||||||
| TOTAL SINGLE-FAMILY RESIDENTIAL |
$ | 5,534,567 | ||||||
|
|
|
|||||||
| TOTAL REAL ESTATE INVESTMENT TRUSTS |
|
$ | 125,252,616 | |||||
| RIGHTS – 0.0%** |
||||||||
| Abacus Property Group*, Expire 08/03/23 |
6,160 | — | ||||||
|
|
|
|||||||
| TOTAL RIGHTS |
$ | — | ||||||
|
|
|
|||||||
| TOTAL REAL ESTATE RELATED SECURITIES (COST $218,989,284) |
$ | 209,468,839 | ||||||
| COMMODITY RELATED SECURITIES – 47.8% |
||||||||
| EXCHANGE-TRADED FUNDS – 1.7% |
||||||||
| COMMODITY – 1.7% |
||||||||
| SPDR S&P Global Natural Resources ETF# |
119,300 | 6,927,751 | ||||||
|
|
|
|||||||
| TOTAL EXCHANGE-TRADED FUNDS |
$ | 6,927,751 | ||||||
| INVESTMENT COMPANIES – 46.1% |
||||||||
| COMMODITY – 46.1% |
||||||||
| Vanguard Commodity Strategy Fund, Admiral Shares |
2,385,740 | 63,532,263 | ||||||
| DFA Commodity Strategy Portfolio, Institutional Class |
25,532,863 | 121,536,430 | ||||||
July 31, 2023 (unaudited)
| 6 | PORTFOLIO OF INVESTMENTS | |
| Wilmington Real Asset Fund (continued) | ||
| Description |
Number of Shares |
Value | ||||||
| Parametric Commodity Strategy Fund, Institutional Class |
495,132 | $ | 3,233,211 | |||||
| Credit Suisse Commodity Return Strategy Fund, Class I |
250,761 | 5,995,702 | ||||||
|
|
|
|||||||
| TOTAL COMMODITY |
$ | 194,297,606 | ||||||
|
|
|
|||||||
| TOTAL INVESTMENT COMPANIES |
$ | 194,297,606 | ||||||
|
|
|
|||||||
| TOTAL COMMODITY RELATED SECURITIES (COST $207,890,263) |
$ | 201,225,357 | ||||||
| SHORT-TERM INVESTMENTS – 1.5% |
||||||||
| MONEY MARKET FUND – 1.5% |
||||||||
| Dreyfus Government Cash Management Fund, Institutional Shares, 5.14%^ |
6,257,865 | 6,257,865 | ||||||
|
|
|
|||||||
| TOTAL SHORT-TERM INVESTMENT (COST $6,257,865) |
$ | 6,257,865 | ||||||
| CASH COLLATERAL INVESTED FOR SECURITIES ON LOAN – 3.4% |
|
|||||||
| Par Value | ||||||||
| REPURCHASE AGREEMENTS – 3.4% |
||||||||
| Bank of America Securities, Inc., 5.30%, dated 7/31/23, due 8/01/23, repurchase price $2,717,347, collateralized by U.S. Government Agency Securities, 2.00% to 6.50%, maturing 5/01/36 to 9/01/61; total market value of $2,771,286. |
$ | 2,716,947 | 2,716,947 | |||||
| Citigroup Global Markets Ltd., 5.30%, dated 7/31/23, due 8/01/23, repurchase price $2,717,347, collateralized by U.S. Government Agency & Treasury Securities, 0.00% to 6.50%, maturing 2/15/24 to 8/20/67; total market value of $2,771,286. |
2,716,947 | 2,716,947 | ||||||
| Daiwa Capital Markets America, 5.30%, dated 7/31/23, due 8/01/23, repurchase price $785,667, collateralized by U.S. Government Agency Securities, 1.50% to 6.50%, maturing 6/01/35 to 8/01/53; total market value of $801,262. |
785,551 | 785,551 | ||||||
| Description | Par Value | Value | ||||||
| Deutsche Bank Securities, Inc., 5.30%, dated 7/31/23, due 8/01/23, repurchase price $2,717,347, collateralized by U.S. Government Agency Securities, 1.00% to 7.00%, maturing 9/01/28 to 8/01/53; total market value of $2,771,286. |
$ | 2,716,947 | $ | 2,716,947 | ||||
| HSBC Securities USA, Inc., 5.29%, dated 7/31/23, due 8/01/23, repurchase price $2,717,346, collateralized by U.S. Government Agency & Treasury Securities, 0.00% to 4.08%, maturing 9/05/23 to 11/15/52; total market value of $2,771,286. |
2,716,947 | 2,716,947 | ||||||
| RBC Dominion Securities, Inc., 5.30%, dated 7/31/23, due 8/01/23, repurchase price $2,717,347, collateralized by U.S. Government Agency & Treasury Securities, 0.00% to 6.00%, maturing 10/19/23 to 7/20/53; total market value of $2,771,286. |
2,716,947 | 2,716,947 | ||||||
|
|
|
|||||||
| TOTAL REPURCHASE AGREEMENTS |
$ | 14,370,286 | ||||||
|
|
|
|||||||
| TOTAL CASH COLLATERAL INVESTED FOR SECURITIES ON LOAN (COST $14,370,286) |
|
$ | 14,370,286 | |||||
|
|
|
|||||||
| TOTAL INVESTMENTS – 102.4% (Cost $447,507,698) |
$ | 431,322,347 | ||||||
| COLLATERAL FOR SECURITIES ON LOAN – (3.4%) |
|
(14,370,286 | ) | |||||
| OTHER ASSETS LESS LIABILITIES – 1.0% |
|
4,257,941 | ||||||
|
|
|
|||||||
| TOTAL NET ASSETS – 100.0% |
$ | 421,210,002 | ||||||
|
|
|
|||||||
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
July 31, 2023 (unaudited)
| PORTFOLIO OF INVESTMENTS | 7 | |
| Wilmington Real Asset Fund (continued) | ||
The following is a summary of the inputs used as of July 31, 2023 in valuing the Fund’s assets carried at fair value:
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets |
||||||||||||||||
| Investments in Securities |
||||||||||||||||
| Real Estate Related Securities |
||||||||||||||||
| Common Stocks |
||||||||||||||||
| Construction & Engineering |
$ | 2 | $ | — | $— | $ | 2 | |||||||||
| Diversified |
140,487 | — | — | 140,487 | ||||||||||||
| Diversified Real Estate Activities |
11,602,550 | — | — | 11,602,550 | ||||||||||||
| Office |
92,704 | — | — | 92,704 | ||||||||||||
| Real Estate Development |
2,619,537 | — | — | 2,619,537 | ||||||||||||
| Real Estate Operating Companies |
12,501,899 | — | — | 12,501,899 | ||||||||||||
| Retail |
107,195 | — | — | 107,195 | ||||||||||||
| Single-Family Residential |
10,942 | — | — | 10,942 | ||||||||||||
| Exchange-Traded Funds |
48,809,537 | — | — | 48,809,537 | ||||||||||||
| Investment Company |
8,331,370 | — | — | 8,331,370 | ||||||||||||
| Real Estate Investment Trusts |
||||||||||||||||
| Data Center |
10,008,296 | — | — | 10,008,296 | ||||||||||||
| Diversified |
9,663,534 | — | — | 9,663,534 | ||||||||||||
| Health Care |
10,750,593 | — | — | 10,750,593 | ||||||||||||
| Hotel & Resort |
4,055,783 | — | — | 4,055,783 | ||||||||||||
| Industrial |
23,112,013 | — | — | 23,112,013 | ||||||||||||
| Multi-Family Residential |
13,398,963 | 16,420 | — | 13,415,383 | ||||||||||||
| Office |
10,441,509 | — | — | 10,441,509 | ||||||||||||
| Other Specialized |
6,376,265 | — | — | 6,376,265 | ||||||||||||
| Real Estate Operating Companies |
171,243 | — | — | 171,243 | ||||||||||||
| Retail |
23,500,837 | — | — | 23,500,837 | ||||||||||||
| Self-Storage |
8,222,593 | — | — | 8,222,593 | ||||||||||||
| Single-Family Residential |
5,534,567 | — | — | 5,534,567 | ||||||||||||
| Rights |
— | — | (a) | — | — | |||||||||||
| Commodity Related Securities |
||||||||||||||||
| Exchange-Traded Funds |
6,927,751 | — | — | 6,927,751 | ||||||||||||
| Investment Companies |
194,297,606 | — | — | 194,297,606 | ||||||||||||
| Money Market Fund |
6,257,865 | — | — | 6,257,865 | ||||||||||||
| Repurchase Agreements |
— | 14,370,286 | — | 14,370,286 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| Total Investments in Securities |
$ | 416,935,641 | $ | 14,386,706 | $— | $ | 431,322,347 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (a) | Includes internally fair valued securities currently priced at zero ($0). |
The inputs or techniques used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Additional information on the Fund’s valuation policy is included in the most recent shareholder report.
** Represents less than 0.05%.
0 Rounds to less than 1 share.
* Non-income producing security.
# Security, or a portion thereof, is on loan.
^ 7-Day net yield.
July 31, 2023 (unaudited)
| 8 | PORTFOLIO OF INVESTMENTS | |
| Wilmington Real Asset Fund (concluded) | ||
The following acronyms are used throughout this Portfolio of Investments:
| ETF | Exchange-Traded Fund | |
| J-REIT | Japanese Real Estate Investment Trust | |
| OYJ | Public Limited Company | |
| PLC | Public Limited Company | |
| RE | Reinsurance | |
| REIT | Real Estate Investment Trust | |
| SCA | Limited Partnership With Share Capital | |
| SPDR | Standard & Poor’s Depositary Receipt | |
For additional information about significant accounting policies, refer to Fund’s most recent semi-annual or annual report.
July 31, 2023 (unaudited)