<SEC-DOCUMENT>0001193125-18-332027.txt : 20181121
<SEC-HEADER>0001193125-18-332027.hdr.sgml : 20181121
<ACCEPTANCE-DATETIME>20181121112137
ACCESSION NUMBER:		0001193125-18-332027
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20180930
FILED AS OF DATE:		20181121
DATE AS OF CHANGE:		20181121
EFFECTIVENESS DATE:		20181121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI UTILITY TRUST
		CENTRAL INDEX KEY:			0001080720
		IRS NUMBER:				134046522
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-09243
		FILM NUMBER:		181197458

	BUSINESS ADDRESS:	
		STREET 1:		1 CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		9149215083

	MAIL ADDRESS:	
		STREET 1:		1 CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GABELLI UTILITY FUND
		DATE OF NAME CHANGE:	19990225
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>d636931dnq.htm
<DESCRIPTION>GABELLI UTILITY TRUST
<TEXT>
<HTML><HEAD>
<TITLE>Gabelli Utility Trust</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">UNITED STATES </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">SECURITIES AND EXCHANGE COMMISSION </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Washington, D.C. 20549 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">N-Q</FONT> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>MANAGEMENT INVESTMENT COMPANY </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Investment Company Act file number<U><FONT STYLE="white-space:nowrap">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811-09243</FONT>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Gabelli Utility Trust&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">(Exact name of registrant as specified in charter) </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">One Corporate Center </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;Rye, New York 10580-1422&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">(Address of principal executive offices) (Zip code) </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Bruce N. Alpert </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Gabelli Funds,
LLC </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">One Corporate Center </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;Rye, New York 10580-1422&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">(Name and address of agent for service) </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Registrant&#146;s telephone number, including area code:<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">&nbsp;1-800-422-3554</FONT></FONT></FONT></U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Date of fiscal year end:<U> December</U><U></U><U>&nbsp;31 </U>
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Date of reporting period:<U> September</U><U></U><U>&nbsp;30, 2018 </U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="justify">Form <FONT STYLE="white-space:nowrap">N-Q</FONT> is to be used by management investment companies, other than small business investment
companies registered on Form <FONT STYLE="white-space:nowrap">N-5</FONT> (&#167;&#167; 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to
rule <FONT STYLE="white-space:nowrap">30b1-5</FONT> under the Investment Company Act of 1940 (17 CFR <FONT STYLE="white-space:nowrap">270.30b1-5).</FONT> The Commission may use the information provided on Form
<FONT STYLE="white-space:nowrap">N-Q</FONT> in its regulatory, disclosure review, inspection, and policymaking roles. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="justify">A registrant is
required to disclose the information specified by Form <FONT STYLE="white-space:nowrap">N-Q,</FONT> and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form <FONT
STYLE="white-space:nowrap">N-Q</FONT> unless the Form displays a currently valid Office of Management and Budget (&#147;OMB&#148;) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any
suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. &#167; 3507.
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman"><B>Item&nbsp;1. Schedule of Investments. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">The Schedule(s) of Investments is attached herewith. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:20pt; font-family:ARIAL" ALIGN="center"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center"><B>Third Quarter Report &#151; September&nbsp;30, 2018 </B></P>
<P STYLE="margin-top:30pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>To Our Shareholders, </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:ARIAL" ALIGN="justify">For the
quarter ended September&nbsp;30, 2018, the net asset value (NAV) total return of The Gabelli Utility Trust (the Fund) was 2.0%. The total return for the Standard&nbsp;&amp; Poor&#146;s (S&amp;P) 500 Utilities Index was 2.4%. The total return for the
Fund&#146;s publicly traded shares was 1.5%. The Fund&#146;s NAV per share was $4.98, while the price of the publicly traded shares closed at $5.82 on the New York Stock Exchange (NYSE). See below for additional performance information. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL">Enclosed is the schedule of investments as of September&nbsp;30, 2018. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Comparative Results </B></P>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><div style="max-width:100%;margin-left:0%; margin-right:0%;border:solid 1px;background-color:;;padding-top:2pt;padding-bottom:3pt">
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="98.5%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" COLSPAN="20" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Average Annual Returns through
September&nbsp;30, 2018 (a) (Unaudited)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center">Since<BR>Inception</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Quarter</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">1&nbsp;Year</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">5&nbsp;Year</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">10&nbsp;Year</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">15&nbsp;Year</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">(07/09/99)</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Gabelli Utility Trust</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>NAV Total Return (b)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.97%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.74%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.81%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.79%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.41%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.68%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Investment Total Return (c)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.51&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6.36)&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.75&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.91&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.75&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.18&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">S&amp;P 500 Utilities Index</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.39&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.93&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.06&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.04&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.19&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.60&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Lipper Utility Fund Average</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.80&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.37&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.29&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.84&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.04&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.34&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">S&amp;P 500 Index</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.71&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17.91&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.95&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.97&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.65&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.89&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify"><I>Returns represent past performance and do not guarantee future results. Investment returns and the principal value
of an investment will fluctuate. The Fund&#146;s use of leverage may magnify the volatility of net asset value changes versus funds that do not employ leverage.</I> <I>When shares are sold, they may be worth more or less than their original cost.
Current performance may be lower or higher than the performance data presented. Visit www.gabelli.com for performance information as of the most recent month end. Performance returns for periods of less than one year are not annualized. Investors
should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. </I>The S&amp;P 500 Utilities Index is an unmanaged market capitalization weighted index of large capitalization stocks that may include
facilities generation and transmission or distribution of electricity, gas, or water. The Lipper Utility Fund Average reflects the average performance of mutual funds classified in this particular category. The S&amp;P 500 Index is an unmanaged
indicator of stock market performance. Dividends are considered reinvested. You cannot invest directly in an index. </P></TD>
<TD WIDTH="1%">&nbsp;</TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Total returns and average annual returns reflect changes in the NAV per share, reinvestment of distributions at NAV on
the <FONT STYLE="white-space:nowrap">ex-dividend</FONT> date, and adjustments for rights offerings and are net of expenses. Since inception return is based on an initial NAV of $7.50. </P></TD>
<TD WIDTH="1%">&nbsp;</TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Total returns and average annual returns reflect changes in closing market values on the NYSE, reinvestment of
distributions, and adjustments for rights offerings. Since inception return is based on an initial offering price of $7.50. </P></TD>
<TD WIDTH="1%">&nbsp;</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P></div>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Schedule of Investments &#151; September&nbsp;30, 2018 (Unaudited) </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="65%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Shares</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>COMMON STOCKS &#151; 85.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>ENERGY AND UTILITIES &#151; 67.2%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Alternative Energy &#151; 0.4%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">NextEra Energy Partners LP</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">970,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">10,445</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Ormat Technologies Inc.,<BR>New York</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">565,179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,555</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Ormat Technologies Inc.,<BR>Tel Aviv</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81,792</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,616,971</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Electric Integrated &#151; 40.7%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">22,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">ALLETE Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,650,220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">125,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Alliant Energy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,321,250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">17,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Ameren Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,074,740</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">72,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">American Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,103,360</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">40,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Avangrid Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,917,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">10,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Avista Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">505,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">42,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Black Hills Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,439,780</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">91,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">CMS Energy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,459,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">24,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Dominion Energy Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,686,720</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">16,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">DTE Energy Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,800,645</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">74,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Duke Energy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,921,480</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">70,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Edison International</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,737,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">186,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">El Paso Electric Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10,639,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Emera Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31,092</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Entergy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">243,390</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">226,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Evergy Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,411,920</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">165,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Eversource Energy</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10,137,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">67,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">FirstEnergy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,490,390</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">62,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Hawaiian Electric Industries Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,206,580</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">85,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">MGE Energy Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,427,250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">56,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">NextEra Energy Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,469,400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">48,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">NiSource Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,196,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">87,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">NorthWestern Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,103,420</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">185,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">OGE Energy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,719,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">48,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Otter Tail Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,299,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">48,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">PG&amp;E Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,208,480</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">102,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">PNM Resources Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,023,900</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">38,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Public Service Enterprise Group Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,006,020</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">56,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">SCANA Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,197,285</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">17,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unitil Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">865,300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">230,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Vectren Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,442,700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">140,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">WEC Energy Group Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,346,400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">160,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Xcel Energy Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,553,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">149,636,082</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Electric Transmission and Distribution &#151; 2.3%</B></P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:ARIAL"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">40,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Consolidated Edison Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,047,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">120,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Exelon Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,239,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,286,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Global Utilities &#151; 2.5%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">8,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Chubu Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="65%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Shares</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">133,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Electric Power Development Co. Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;3,681,438</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">30,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Endesa SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">648,214</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">300,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Enel SpA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,536,765</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">494,900</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Hera SpA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,541,086</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">15,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Hokkaido Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94,526</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">12,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Hokuriku Electric Power Co.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Huaneng Power International Inc., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77,700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">41,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Korea Electric Power Corp., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">539,970</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">15,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Kyushu Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180,998</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">8,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Shikoku Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">104,418</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">8,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">The Chugoku Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102,799</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">The Kansai Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">301,531</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">13,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Tohoku Electric Power Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">176,430</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,229,705</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Merchant Energy &#151; 1.2%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">300,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">GenOn Energy Inc., Escrow&#134;(a)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">323,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">The AES Corp.(b)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,529,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,529,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Natural Gas Integrated &#151; 5.6%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Devon Energy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">159,760</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">90,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Kinder Morgan Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,595,700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">136,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">National Fuel Gas Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,624,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">165,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">ONEOK Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,185,350</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20,564,970</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Natural Gas Utilities &#151; 5.5%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Atmos Energy Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,347,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Chesapeake Utilities Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,097,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">30,262</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Corning Natural Gas Holding Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">548,499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">15,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Engie</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">227,922</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">72,066</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">National Grid plc, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,737,343</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">42,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">ONE Gas Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,455,760</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">18,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">RGC Resources Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">480,780</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">93,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Southwest Gas Holdings Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,349,790</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Spire Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147,100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20,392,444</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Natural Resources &#151; 2.2%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">6,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Anadarko Petroleum Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">438,165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Apache Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143,010</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">California Resources Corp.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,213,250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">55,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cameco Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">627,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">CNX Resources Corp.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">357,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">32,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Compania de Minas Buenaventura SAA, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">429,120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,125</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">CONSOL Energy Inc.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127,531</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">50,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Exxon Mobil Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,251,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Hess Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">214,740</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Royal Dutch Shell plc, Cl. A, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">204,420</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,005,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center">See accompanying notes to schedule
of investments. </P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Schedule of Investments (Continued) &#151; September&nbsp;30, 2018 (Unaudited) </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="65%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Shares</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>COMMON STOCKS (Continued)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>ENERGY AND UTILITIES (Continued)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Services &#151; 1.1%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">ABB Ltd., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">472,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">100,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Enbridge Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,229,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">65,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Weatherford International plc&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">176,150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,877,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Water &#151; 4.5%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">27,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">American States Water Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,650,780</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">American Water Works Co. Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,199,250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">27,291</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Aqua America Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,007,038</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">24,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Artesian Resources Corp., Cl. A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">882,720</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">40,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">California Water Service Group.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,716,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">7,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Connecticut Water Service Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">485,590</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">48,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Middlesex Water Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,324,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">120,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Severn Trent plc</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,892,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">50,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">SJW Group</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,057,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">9,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">The York Water Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">273,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,488,638</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Diversified Industrial &#151; 0.4%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Alstom SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89,378</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">AZZ Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,800</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Bouygues SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">90,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">General Electric Co.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,016,100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,370,736</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Environmental Services &#151; 0.3%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">35,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Evoqua Water Technologies Corp.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">622,300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Suez</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42,634</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">30,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Veolia Environnement SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">598,753</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,263,687</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Equipment and Supplies &#151; 0.1%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Capstone Turbine Corp.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">12,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Mueller Industries Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">347,760</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">350,260</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="6"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Independent Power Producers and Energy<BR>Traders &#151; 0.4%</B></P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:ARIAL"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">40,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">NRG Energy Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,496,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>TOTAL ENERGY AND UTILITIES</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B></B><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B>247,109,029<B></B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>COMMUNICATIONS &#151; 13.7%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Cable and Satellite &#151; 4.5%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,200</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Charter Communications Inc., Cl. A&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,368,696</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cogeco Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">902,102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">64,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">DISH Network Corp., Cl. A&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,306,520</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">10,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">EchoStar Corp., Cl. A&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">463,700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">250,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">ITV plc</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">514,357</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">42,421</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liberty Global plc, Cl. A&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,227,239</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">108,771</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liberty Global plc, Cl. C&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,062,991</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">10,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liberty Latin America Ltd., Cl. A&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">208,400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liberty Latin America Ltd., Cl. C&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">515,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="65%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Shares</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">8,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Rogers Communications Inc., Cl. B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">411,280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">100,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Telenet Group Holding NV&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,505,695</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,486,730</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Communications Equipment &#151; 0.2%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Furukawa Electric Co. Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">665,376</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Telecommunications &#151; 4.7%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">75,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">AT&amp;T Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,518,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">BCE Inc., New York</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162,080</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,047</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">BCE Inc., Toronto</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163,960</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">BT Group plc, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">295,400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">90,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">CenturyLink Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,908,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">75,827</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cincinnati Bell Inc.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,209,441</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">5,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cogeco Communications Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250,455</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">43,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deutsche Telekom AG, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">689,075</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">59,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Global Telecom Holding SAE&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10,931</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">200</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Hutchison Telecommunications Hong Kong Holdings Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,038</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Internap Corp.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">253,080</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">35,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Nippon Telegraph&nbsp;&amp; Telephone Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,580,884</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Orange Belgium SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15,721</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Orange SA, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31,780</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">11,800</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Orascom Investment Holding, GDR&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,360</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">30,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Pharol SGPS SA&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proximus SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95,577</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">PT Indosat Tbk</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">409</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">105,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sistema PJSC FC, GDR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">275,940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,350</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Tele2 AB, Cl. B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,253</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">10,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Telefonica Deutschland Holding AG</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42,274</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">85,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Telekom Austria AG</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">658,257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,200</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Telesites SAB de CV&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">937</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">20,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">T-Mobile</FONT> US Inc.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,403,600</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">110,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">VEON Ltd., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">319,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">105,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Verizon Communications Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,605,950</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17,516,108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Wireless Communications &#151; 4.3%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,500</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">America Movil SAB de CV, Cl. L, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40,150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">China Mobile Ltd., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97,860</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">China Unicom Hong Kong Ltd., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23,380</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">M1 Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">264</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">85,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Millicom International Cellular SA, SDR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,882,474</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,154</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Mobile Telesystems PJSC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">11,250</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Mobile TeleSystems PJSC, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95,963</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">100,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">NTT DoCoMo Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,688,787</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">SK Telecom Co. Ltd., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55,760</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">400</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">SmarTone Telecommunications Holdings Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">532</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">60,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Turkcell Iletisim Hizmetleri A/S, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">52,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">United States Cellular Corp.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,328,560</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center">See accompanying notes to schedule
of investments. </P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Schedule of Investments (Continued) &#151; September&nbsp;30, 2018 (Unaudited) </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Shares</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>COMMON STOCKS (Continued)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>COMMUNICATIONS (Continued)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Wireless Communications (Continued)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">240,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Vodafone Group plc, ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,208,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15,715,730</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>TOTAL COMMUNICATIONS</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50,383,944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>OTHER &#151; 4.1%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Aerospace &#151; 0.3%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">100,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Rolls-Royce Holdings plc</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,286,984</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Agriculture &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">3,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cadiz Inc.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33,450</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Consumer Products &#151; 0.6%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">15,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">SodaStream International Ltd.&#134;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,146,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Electronics &#151; 0.2%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">10,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sony Corp., ADR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">606,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Entertainment &#151; 0.6%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">8,080</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Modern Times Group MTG AB, Cl. B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">296,384</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">74,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Vivendi SA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,904,794</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,201,178</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Financial Services &#151; 1.3%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">22,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Kinnevik AB, Cl. A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">677,026</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">70,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Kinnevik AB, Cl. B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,119,517</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">14,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">The Dun&nbsp;&amp; Bradstreet Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,995,140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,791,683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Machinery &#151; 0.5%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">150,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">CNH Industrial NV</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,801,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Transportation &#151; 0.6%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">GATX Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,164,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>TOTAL OTHER</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B></B><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B>15,032,245<B></B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>TOTAL COMMON STOCKS</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B></B><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B>312,525,218<B></B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="6"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>CONVERTIBLE PREFERRED STOCKS &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:ARIAL"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>ENERGY AND UTILITIES &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Natural Gas Utilities &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,203</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Corning Natural Gas Holding Corp.,<BR>4.800%, Ser. B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93,307</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Shares</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>WARRANTS &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>COMMUNICATIONS &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Telecommunications &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">16,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Bharti Airtel Ltd., expire 11/30/20&#134;(c)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">74,560</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Principal</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Amount</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>CORPORATE BONDS &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Equipment and Supplies &#151; 0.0%</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">30,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Mueller Industries Inc.,<BR>6.000%, 03/01/27</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29,025</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="3"></TD>
<TD HEIGHT="5" COLSPAN="6"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>U.S. GOVERNMENT OBLIGATIONS &#151; 15.0%</B></P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:ARIAL"><B>&nbsp;</B></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">55,306,000</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">U.S. Treasury Bills,</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">1.933% to 2.204%&#134;&#134;,</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">10/11/18 to 02/14/19(d)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55,015,896</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>TOTAL INVESTMENTS &#151; 100.0%<BR></B>(Cost $299,350,545)<B></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B></B>$<B></B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B>367,738,006<B></B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Security is valued using significant unobservable inputs and is classified as Level&nbsp;3 in the fair value hierarchy.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Securities, or a portion thereof, with a value of $1,750,000 are reserved and/or pledged with the custodian for current
or potential holdings of swaps. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. This security may be
resold in transactions exempt from registration, normally to qualified institutional buyers. At September&nbsp;30, 2018, the market value of the Rule 144A security amounted to $74,560 or 0.02% of total investments. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">At September&nbsp;30, 2018, $500,000 of the principal amount was pledged as collateral for equity contract for
difference swap agreements. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">&#134;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify"><FONT STYLE="white-space:nowrap">Non-income</FONT> producing security. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">&#134;&#134;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Represents annualized yields at dates of purchase. </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">ADR</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">American Depositary Receipt </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">GDR</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">Global Depositary Receipt </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="27" VALIGN="top" ALIGN="left">SDR</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">Swedish Depositary Receipt
</P></TD></TR></TABLE></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center">See accompanying notes to schedule
of investments. </P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Schedule of Investments (Continued) &#151; September&nbsp;30, 2018 (Unaudited) </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">As of September&nbsp;30, 2018, equity contract for difference
swap agreements outstanding were as follows: </P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Market Value</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Appreciation Received</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>One&nbsp;Month&nbsp;LIBOR</B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Plus 90 bps</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>plus&nbsp;Market&nbsp;Value</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Depreciation Paid</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Counterparty</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Payment<BR>Frequency</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Termination<BR>Date</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Notional<BR>Amount</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Value</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Upfront<BR>Payments/<BR>Receipts</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Unrealized<BR>Depreciation</B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Rolls-Royce&nbsp;Holdings&nbsp;plc</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="white-space:nowrap">Rolls-Royce&nbsp;Holdings</FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center">plc</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">The&nbsp;Goldman&nbsp;Sachs<BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center">Group, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">1&nbsp;month</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">06/28/2019</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,293,463</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6,920</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">&nbsp;&nbsp;$(6,920)&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>TOTAL EQUITY CONTRACT FOR DIFFERENCE SWAP AGREEMENT</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">&nbsp;&nbsp;$(6,920)&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center">See accompanying notes to schedule
of investments. </P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">5 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Notes to Schedule of Investments (Unaudited) </B></P> <P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">As an investment company, the Fund follows the investment company accounting and reporting guidance, which is part of U.S. generally accepted accounting
principles (GAAP) that may require the use of management estimates and assumptions in the preparation of its schedule of investments. Actual results could differ from those estimates. The following is a summary of significant accounting policies
followed by the Fund in the preparation of its schedule of investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Security Valuation. </B>Portfolio securities listed or traded on a
nationally recognized securities exchange or traded in the U.S. <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> market for which market quotations are readily available are valued at the last quoted
sale price or a market&#146;s official closing price as of the close of business on the day the securities are being valued. If there were no sales that day, the security is valued at the average of the closing bid and asked prices or, if there were
no asked prices quoted on that day, then the security is valued at the closing bid price on that day. If no bid or asked prices are quoted on such day, the security is valued at the most recently available price or, if the Board of Trustees (the
Board) so determines, by such other method as the Board shall determine in good faith to reflect its fair market value. Portfolio securities traded on more than one national securities exchange or market are valued according to the broadest and most
representative market, as determined by Gabelli Funds, LLC (the Adviser). Investments in <FONT STYLE="white-space:nowrap">open-end</FONT> investment companies are valued at each underlying Fund&#146;s NAV per share as of the report date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Portfolio securities primarily traded on a foreign market are generally valued at the preceding closing values of such securities on the relevant market,
but may be fair valued pursuant to procedures established by the Board if market conditions change significantly after the close of the foreign market, but prior to the close of business on the day the securities are being valued. Debt obligations
for which market quotations are readily available are valued at the average of the latest bid and asked prices. If there were no asked prices quoted on such day, the security is valued using the closing bid price, unless the Board determines such
amount does not reflect the securities&#146; fair value, in which case these securities will be fair valued as determined by the Board. Certain securities are valued principally using dealer quotations. Futures contracts are valued at the closing
settlement price of the exchange or board of trade on which the applicable contract is traded. OTC futures and options on futures for which market quotations are readily available will be valued by quotations received from a pricing service or, if
no quotations are available from a pricing service, by quotations obtained from one or more dealers in the instrument in question by the Adviser. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Securities and assets for which market quotations are not readily available are fair valued as determined by the Board. Fair valuation methodologies and
procedures may include, but are not limited to: analysis and review of available financial and <FONT STYLE="white-space:nowrap">non-financial</FONT> information about the company; comparisons with the valuation and changes in valuation of similar
securities, including a comparison of foreign securities with the equivalent U.S. dollar value American Depositary Receipt securities at the close of the U.S. exchange; and evaluation of any other information that could be indicative of the value of
the security. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The inputs and valuation techniques used to measure fair value of the Fund&#146;s investments are summarized into three levels as
described in the hierarchy below: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:10pt">Level&nbsp;1 &#151; quoted prices in active markets for identical securities; </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:10pt">Level&nbsp;2 &#151; other significant observable inputs (including quoted prices for similar securities, interest rates,
prepayment speeds, credit risk, etc.); and </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">6 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Notes to Schedule of Investments (Unaudited) (Continued) </B></P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:10pt">Level&nbsp;3 &#151; significant unobservable inputs (including the Board&#146;s determinations as to the fair value of
investments). </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">A financial instrument&#146;s level within the fair value hierarchy is based on the lowest level of any input both
individually and in the aggregate that is significant to the fair value measurement. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The summary of
the Fund&#146;s investments in securities and other financial instruments by inputs used to value the Fund&#146;s investments as of September&nbsp;30, 2018 is as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="71%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:27pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:27pt"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:82pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:82pt"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:81pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:81pt"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:54pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:54pt"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Valuation&nbsp;Inputs</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="4" VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Level&nbsp;1</B><br><B>Quoted&nbsp;Prices</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Level&nbsp;2&nbsp;Other&nbsp;Significant<BR>Observable Inputs</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Level&nbsp;3&nbsp;Significant<BR>Unobservable&nbsp;Inputs</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total&nbsp;Market&nbsp;Value<BR>at 9/30/18</B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>INVESTMENTS IN SECURITIES:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>ASSETS (Market Value):</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Common Stocks:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">ENERGY AND UTILITIES</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Merchant Energy</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right"> 4,529,000</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,529,000</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Natural Gas Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19,843,945</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">548,499</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20,392,444</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other Industries (a)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">222,187,585</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">222,187,585</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">COMMUNICATIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other Industries (a)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50,383,944</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50,383,944</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">OTHER</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other Industries (a)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">15,032,245</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">15,032,245</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total Common Stocks</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">311,976,719</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">548,499</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">312,525,218</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Convertible Preferred Stocks (a)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93,307</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93,307</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Warrants (a)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74,560</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74,560</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Corporate Bonds (a)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29,025</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29,025</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">U.S. Government Obligations</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">55,015,896</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">55,015,896</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>TOTAL INVESTMENTS IN SECURITIES &#150; ASSETS</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">311,976,719</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">55,761,287</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">0</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">367,738,006</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>OTHER FINANCIAL INSTRUMENTS:*</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>LIABILITIES (Unrealized Depreciation):</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>EQUITY CONTRACT:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Contract for Difference Swap Agreements</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">(6,920</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">)</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">(6,920)</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>TOTAL OTHER FINANCIAL INSTRUMENTS</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">(6,920</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">)</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">(6,920)</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Please refer to the Schedule of Investments (SOI) for the industry classifications of these portfolio holdings.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="justify">Other financial instruments are derivatives reflected in the SOI, such as options, futures, forwards, and swaps, which
may be valued at the unrealized appreciation/depreciation of the instrument. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Additional Information to Evaluate Qualitative
Information</B>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B><I>General. </I></B>The Fund uses recognized industry pricing services &#150; approved by the Board and
unaffiliated with the Adviser &#150; to value most of its securities, and uses broker quotes provided by market makers of securities not valued by these and other recognized pricing sources. Several different pricing feeds are received to value
domestic equity securities, international equity securities, preferred equity securities, and fixed income securities. The data within these feeds are ultimately sourced from major stock exchanges and trading systems where these securities trade.
The prices supplied by external sources are checked by obtaining quotations or actual transaction prices from market participants. If a price obtained from the pricing source is deemed unreliable, prices will be sought from another pricing service
or from a broker/dealer that trades that security or similar securities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">7 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Notes to Schedule of Investments (Unaudited) (Continued) </B></P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B><I>Fair Valuation.
</I></B>Fair valued securities may be common or preferred equities, warrants, options, rights, or fixed income obligations. Where appropriate, Level&nbsp;3 securities are those for which market quotations are not available, such as securities not
traded for several days, or for which current bids are not available, or which are restricted as to transfer. When fair valuing a security, factors to consider include recent prices of comparable securities that are publicly traded, reliable prices
of securities not publicly traded, the use of valuation models, current analyst reports, valuing the income or cash flow of the issuer, or cost if the preceding factors do not apply. A significant change in the unobservable inputs could result in a
lower or higher value in Level&nbsp;3 securities. The circumstances of Level&nbsp;3 securities are frequently monitored to determine if fair valuation measures continue to apply. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The Adviser reports quarterly to the Board the results of the application of fair valuation policies and procedures. These may include backtesting the
prices realized in subsequent trades of these fair valued securities to fair values previously recognized. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Derivative Financial Instruments.
</B>The Fund may engage in various portfolio investment strategies by investing in derivative financial instruments for the purposes of increasing the income of the Fund, hedging against changes in the value of its portfolio securities and in the
value of securities it intends to purchase, or hedging against a specific transaction with respect to either the currency in which the transaction is denominated or another currency. Investing in certain derivative financial instruments, including
participation in the options, futures, or swap markets, entails certain execution, liquidity, hedging, tax, and securities, interest, credit, or currency market risks. Losses may arise if the Adviser&#146;s prediction of movements in the direction
of the securities, foreign currency, and interest rate markets is inaccurate. Losses may also arise if the counterparty does not perform its duties under a contract, or, in the event of default, the Fund may be delayed in or prevented from obtaining
payments or other contractual remedies owed to it under derivative contracts. The creditworthiness of the counterparties is closely monitored in order to minimize these risks. Participation in derivative transactions involves investment risks,
transaction costs, and potential losses to which the Fund would not be subject absent the use of these strategies. The consequences of these risks, transaction costs, and losses may have a negative impact on the Fund&#146;s ability to pay
distributions. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The Fund&#146;s derivative contracts held at September&nbsp;30, 2018, if any, are not accounted for as hedging instruments under GAAP
and are disclosed in the Schedule of Investments together with the related counterparty. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B><I>Swap Agreements. </I></B>The Fund may
enter into equity contract for difference swap transactions for the purpose of increasing the income of the Fund. The use of swaps is a highly specialized activity that involves investment techniques and risks different from those associated with
ordinary portfolio security transactions. In an equity contract for difference swap, a set of future cash flows is exchanged between two counterparties. One of these cash flow streams will typically be based on a reference interest rate combined
with the performance of a notional value of shares of a stock. The other will be based on the performance of the shares of a stock. Depending on the general state of short term interest rates and the returns on the Fund&#146;s portfolio securities
at the time an equity contract for difference swap transaction reaches its scheduled termination date, there is a risk that the Fund will not be able to obtain a replacement transaction or that the terms of the replacement will not be as favorable
as on the expiring transaction. For the swaps the fund held at September&nbsp;30, 2018, refer to the Schedule of Investments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">8 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Notes to Schedule of Investments (Unaudited) (Continued) </B></P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The following table summarizes the net
unrealized depreciation of derivatives held at September&nbsp;30, 2018 by primary risk exposure: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="80%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt">


<TR>
<TD WIDTH="88%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD style="width:27pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:27pt"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Liability Derivatives:</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Net&nbsp;Unrealized</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Depreciation</B></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Equity Contract for Difference Swap Agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">$(6,920)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Limitations on the Purchase and Sale of Futures Contracts, Certain Options, and Swaps. </B>Subject to the guidelines
of the Board, the Fund may engage in &#147;commodity interest&#148; transactions (generally, transactions in futures, certain options, certain currency transactions, and certain types of swaps) only for bona fide hedging or other permissible
transactions in accordance with the rules and regulations of the Commodity Futures Trading Commission (CFTC). Pursuant to amendments by the CFTC to Rule 4.5 under the Commodity Exchange Act (CEA), the Adviser has filed a notice of exemption from
registration as a &#147;commodity pool operator&#148; with respect to the Fund. The Fund and the Adviser are therefore not subject to registration or regulation as a commodity pool operator under the CEA. In addition, certain trading restrictions
are now applicable to the Fund which permit the Fund to engage in commodity interest transactions that include (i) &#147;bona fide hedging&#148; transactions, as that term is defined and interpreted by the CFTC and its staff, without regard to the
percentage of the Fund&#146;s assets committed to margin and options premiums and <FONT STYLE="white-space:nowrap">(ii)&nbsp;non-bona</FONT> fide hedging transactions, provided that the Fund does not enter into such
<FONT STYLE="white-space:nowrap">non-bona</FONT> fide hedging transactions if, immediately thereafter, either (a)&nbsp;the sum of the amount of initial margin deposits on the Fund&#146;s existing futures positions or swaps positions and option or
swaption premiums would exceed 5% of the market value of the Fund&#146;s liquidating value, after taking into account unrealized profits and unrealized losses on any such transactions, or (b)&nbsp;the aggregate net notional value of the Fund&#146;s
commodity interest transactions would not exceed 100% of the market value of the Fund&#146;s liquidating value, after taking into account unrealized profits and unrealized losses on any such transactions. Therefore, in order to claim the Rule 4.5
exemption, the Fund is limited in its ability to invest in commodity futures, options, and certain types of swaps (including securities futures, broad based stock index futures, and financial futures contracts). As a result, in the future, the Fund
will be more limited in its ability to use these instruments than in the past, and these limitations may have a negative impact on the ability of the Adviser to manage the Fund, and on the Fund&#146;s performance. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Foreign Currency Translations. </B>The books and records of the Fund are maintained in U.S. dollars. Foreign currencies, investments, and other assets
and liabilities are translated into U.S. dollars at current exchange rates. Purchases and sales of investment securities, income, and expenses are translated at the exchange rate prevailing on the respective dates of such transactions. Unrealized
gains and losses that result from changes in foreign exchange rates and/or changes in market prices of securities have been included in unrealized appreciation/depreciation on investments and foreign currency translations. Net realized foreign
currency gains and losses resulting from changes in exchange rates include foreign currency gains and losses between trade date and settlement date on investment securities transactions, foreign currency transactions, and the difference between the
amounts of interest and dividends recorded on the books of the Fund and the amounts actually received. The portion of foreign currency gains and losses related to fluctuation in exchange rates between the initial purchase trade date and subsequent
sale trade date is included in realized gain/(loss) on investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Foreign Securities</B>. The Fund may directly purchase securities of foreign
issuers. Investing in securities of foreign issuers involves special risks not typically associated with investing in securities of U.S. issuers. The </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">9 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>The Gabelli Utility Trust </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><B>Notes to Schedule of Investments (Unaudited) (Continued) </B></P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:4.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">risks include possible revaluation of
currencies, the inability to repatriate funds, less complete financial information about companies, and possible future adverse political and economic developments. Moreover, securities of many foreign issuers and their markets may be less liquid
and their prices more volatile than securities of comparable U.S. issuers. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Foreign Taxes. </B>The Fund may be subject to foreign taxes on income,
gains on investments, or currency repatriation, a portion of which may be recoverable. The Fund will accrue such taxes and recoveries as applicable, based upon its current interpretation of tax rules and regulations that exist in the markets in
which it invests. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Restricted Securities</B><I>. </I>The Fund is not subject to an independent limitation on the amount it may invest in
securities for which the markets are restricted. Restricted securities include securities whose disposition is subject to substantial legal or contractual restrictions. The sale of restricted securities often requires more time and results in higher
brokerage charges or dealer discounts and other selling expenses than the sale of securities eligible for trading on national securities exchanges or in the
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> markets. Restricted securities may sell at a price lower than similar securities that are not subject to restrictions on resale. Securities freely
saleable among qualified institutional investors under special rules adopted by the SEC may be treated as liquid if they satisfy liquidity standards established by the Board. The continued liquidity of such securities is not as well assured as that
of publicly traded securities, and accordingly the Board will monitor their liquidity. At September&nbsp;30, 2018, the Fund held no restricted securities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Tax Information. </B>The Fund intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code of
1986, as amended. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">10 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>THE GABELLI UTILITY TRUST </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>One Corporate Center </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>Rye, NY 10580-1422
</B></P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>Portfolio Manager Biography </B></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>Mario
J. Gabelli, CFA, </B>is Chairman, Chief Executive Officer, and Chief Investment Officer - Value Portfolios of GAMCO Investors, Inc. that he founded in 1977, and Chief Investment Officer - Value Portfolios of Gabelli Funds, LLC and GAMCO Asset
Management Inc. He is also Executive Chairman of Associated Capital Group, Inc. Mr.&nbsp;Gabelli is a summa cum laude graduate of Fordham University and holds an MBA degree from Columbia Business School and Honorary Doctorates from Fordham
University and Roger Williams University. </P> <P STYLE="font-size:250pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><div style="max-width:100%;margin-left:0%; margin-right:0%;border:solid 1px;background-color:;;padding-top:2pt;padding-bottom:3pt">
<P STYLE="margin-top:0pt; margin-bottom:0pt; padding-top:0pt; margin-left:1%; margin-right:1%; font-size:9pt; font-family:ARIAL" ALIGN="justify">We have separated the portfolio manager&#146;s commentary from the financial statements and investment
portfolio due to corporate governance regulations stipulated by the Sarbanes-Oxley Act of 2002. We have done this to ensure that the content of the portfolio manager&#146;s commentary is unrestricted. Both the commentary and the financial
statements, including the portfolio of investments, will be available on our website at www.gabelli.com. </P></div> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The Net Asset Value per share appears
in the Publicly Traded Funds column, under the heading &#147;Specialized Equity Funds,&#148; in Monday&#146;s The Wall Street Journal. It is also listed in Barron&#146;s Mutual Funds/Closed End Funds section under the heading &#147;Specialized
Equity Funds.&#148; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The Net Asset Value per share may be obtained each day by calling (914) <FONT STYLE="white-space:nowrap">921-5070</FONT> or
visiting www.gabelli.com. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The NASDAQ symbol for the Net Asset Value is &#147;XGUTX.&#148; </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><div style="max-width:100%;margin-left:0%; margin-right:0%;border:solid 1px;background-color:;;padding-top:2pt;padding-bottom:3pt">
<P STYLE="margin-top:0pt; margin-bottom:0pt; padding-top:0pt; margin-left:1%; margin-right:1%; font-size:9pt; font-family:ARIAL" ALIGN="justify">Notice is hereby given in accordance with Section&nbsp;23(c) of the Investment Company Act of 1940, as
amended, that the Fund may from time to time purchase its common shares in the open market when the Fund&#146;s shares are trading at a discount of 10% or more from the net asset value of the shares. The Fund may also, from time to time, purchase
its preferred shares in the open market when the preferred shares are trading at a discount to the liquidation value. </P></div>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:27pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0066a4">THE GABELLI UTILITY TRUST
</FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">One Corporate Center </P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Rye, NY 10580-1422 </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT STYLE="font-family:ARIAL" COLOR="#0066a4">t</FONT><FONT STYLE="font-family:ARIAL"><FONT STYLE="white-space:nowrap">&nbsp;&nbsp;&nbsp;800-GABELLI</FONT> <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">(800-422-3554)</FONT></FONT> </FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT STYLE="font-family:ARIAL" COLOR="#0066a4">f</FONT><FONT
STYLE="font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">&nbsp;&nbsp;&nbsp;914-921-5118</FONT></FONT> </FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT
STYLE="font-family:ARIAL" COLOR="#0066a4">e</FONT><FONT STYLE="font-family:ARIAL">&nbsp;&nbsp;info@gabelli.com </FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:6pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0066a4">&nbsp;GABELLI.COM </FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #0066a4">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt">
<TD VALIGN="top" ROWSPAN="34"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">TRUSTEES</FONT></P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Mario J. Gabelli, CFA</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chairman&nbsp;&amp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chief Executive Officer,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">GAMCO Investors, Inc.</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Executive Chairman,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Associated Capital Group,
Inc.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">John Birch</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Partner,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">The Cardinal Partners Global</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Elizabeth C. Bogan</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Senior Lecturer,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Princeton University</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">James P. Conn</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Former Managing Director&nbsp;&amp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chief
Investment Officer,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Financial Security Assurance</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Holdings Ltd.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Vincent D. Enright</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Former Senior Vice
President&nbsp;&amp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chief Financial Officer,</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">KeySpan Corp.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Frank J. Fahrenkopf, Jr.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" align="left">Former
President&nbsp;&amp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chief Executive Officer,</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">American Gaming Association</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Michael J. Ferrantino</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chief Executive Officer,</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">InterEx, Inc.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">John D. Gabelli</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Senior Vice President,</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">G.research, LLC</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Michael J. Melarkey</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Of Counsel,</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">McDonald Carano Wilson LLP</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Robert J. Morrissey</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Partner,</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Morrissey, Hawkins&nbsp;&amp; Lynch</P></TD>
<TD VALIGN="bottom" ROWSPAN="34">&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="34" NOWRAP> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Kuni Nakamura</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">President,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Advanced Polymer, Inc.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Salvatore J. Zizza</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chairman,</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Zizza&nbsp;&amp; Associates Corp.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">OFFICERS</FONT></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Bruce N. Alpert</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">President</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">John C. Ball</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Treasurer</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Agnes Mullady</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Vice President</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Andrea R. Mango</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Secretary&nbsp;&amp; Vice
President</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Richard J. Walz</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Chief Compliance Officer</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">David I. Schachter</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Vice President&nbsp;&amp;
Ombudsman</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">INVESTMENT ADVISER</FONT></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Gabelli Funds, LLC</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">One Corporate Center</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Rye, New York 10580-1422</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">CUSTODIAN</FONT></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">The Bank of New York Mellon</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">COUNSEL</FONT></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Willkie Farr&nbsp;&amp; Gallagher LLP</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt" align="left">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">TRANSFER AGENT AND REGISTRAR</FONT></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7.5pt; font-family:ARIAL" ALIGN="justify">Computershare Trust Company, N.A.</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt"></TR></TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #0066a4">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0066a4">GUT Q3/2018
</FONT></P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g636931dsp12.jpg" ALT="LOGO">
 </P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman"><B>Item&nbsp;2. Controls and Procedures. </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">The registrant&#146;s principal executive and principal financial officers, or persons performing similar
functions, have concluded that the registrant&#146;s disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940, as amended (the &#147;1940 Act&#148;) (17 CFR <FONT
STYLE="white-space:nowrap">270.30a-3(c)))</FONT> are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required
by Rule <FONT STYLE="white-space:nowrap">30a-3(b)</FONT> under the 1940 Act (17 CFR <FONT STYLE="white-space:nowrap">270.30a-3(b))</FONT> and Rules <FONT STYLE="white-space:nowrap">13a-15(b)</FONT> or
<FONT STYLE="white-space:nowrap">15d-15(b)</FONT> under the Securities Exchange Act of 1934, as amended (17 CFR <FONT STYLE="white-space:nowrap">240.13a-15(b)</FONT> or <FONT STYLE="white-space:nowrap">240.15d-15(b)).</FONT> </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">There were no changes in the registrant&#146;s internal control over financial reporting (as defined in Rule
<FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the 1940 Act (17 CFR <FONT STYLE="white-space:nowrap">270.30a-3(d)))</FONT> that occurred during the registrant&#146;s last fiscal quarter that have materially affected, or are reasonably likely
to materially affect, the registrant&#146;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman"><B>Item&nbsp;3. Exhibits. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="justify">Certifications pursuant to Rule <FONT STYLE="white-space:nowrap">30a-2(a)</FONT> under the 1940 Act and Section&nbsp;302 of the Sarbanes-Oxley
Act of 2002 are attached hereto. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="justify">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="88%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top">(Registrant)</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;The Gabelli Utility Trust</TD></TR></TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="76%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top" NOWRAP>By&nbsp;(Signature&nbsp;and&nbsp;Title)*</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;/s/ Bruce N. Alpert</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;Bruce N. Alpert, Principal Executive Officer</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top">Date</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">11/16/2018</TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="justify">Pursuant to
the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="76%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top" NOWRAP>By&nbsp;(Signature&nbsp;and&nbsp;Title)*</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;/s/ Bruce N. Alpert</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;Bruce N. Alpert, Principal Executive Officer</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top">Date</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">11/16/2018</TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="76%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top" NOWRAP>By&nbsp;(Signature&nbsp;and&nbsp;Title)*</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;/s/ John C. Ball</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;John C. Ball, Principal Financial Officer and Treasurer</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt">


<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top">Date</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">11/16/2018</TD></TR></TABLE> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="justify"><SUP
STYLE="font-size:85%; vertical-align:top">*</SUP> Print the name and title of each signing officer under his or her signature. </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>d636931dex99cert.htm
<DESCRIPTION>302 CERTIFICATIONS
<TEXT>
<HTML><HEAD>
<TITLE>302 Certifications</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Certification Pursuant to Rule <FONT STYLE="white-space:nowrap">30a-2(a)</FONT> under the 1940
Act and Section&nbsp;302 of the </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Sarbanes-Oxley Act </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">I, Bruce N. Alpert, certify that: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">I have reviewed this report on Form <FONT STYLE="white-space:nowrap">N-Q</FONT> of The Gabelli Utility
Trust; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Based on my knowledge, the schedules of investments included in this report fairly present in all material
respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">The registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
<FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the Investment Company Act of 1940) for the registrant and have: </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that
occurred during the registrant&#146;s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors and
the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions): </P></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Any fraud, whether or not material, that involves management or other employees who have a significant role
in the registrant&#146;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="59%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top">Date:<U>&nbsp;&nbsp;&nbsp;&nbsp;11/16/2018&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" NOWRAP>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Bruce N.
Alpert&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Bruce N. Alpert, Principal Executive Officer</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Certification Pursuant to Rule <FONT STYLE="white-space:nowrap">30a-2(a)</FONT> under the 1940
Act and Section&nbsp;302 of the </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Sarbanes-Oxley Act </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">I, John C. Ball, certify that: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">I have reviewed this report on Form <FONT STYLE="white-space:nowrap">N-Q</FONT> of The Gabelli Utility
Trust; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Based on my knowledge, the schedules of investments included in this report fairly present in all material
respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">The registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
<FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the Investment Company Act of 1940) for the registrant and have: </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles; </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that
occurred during the registrant&#146;s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors and
the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions): </P></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="justify">Any fraud, whether or not material, that involves management or other employees who have a significant role
in the registrant&#146;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:12pt" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="59%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top">Date:<U>&nbsp;&nbsp;&nbsp;&nbsp;11/16/2018&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" NOWRAP>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ John C. Ball
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:12pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">John C. Ball, Principal Financial Officer and</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:12pt; font-family:Times New Roman">Treasurer</P></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g636931dsp12.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g636931dsp12.jpg
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M$Y0! $ 0! $ 0! $ 0! 36O6;'R\OSA(N0(4 0! $ 0! $ 0! $ 0! $ 0!
M$ 0! $ 0! $ 0! $ 0! $!;X+$R9K(PTPU:+0IK4C/R]W6C<6/0W9Q"24R&,
M'?ASFVO#5&5'9]/'R9FD>(R="UAY\U.=6".S&<U;&-CV[C'PP6&B[^"F%Z0M
M(I'=A<#<3T,A*?07Z2QR& GV^^2Q\D5J3,Y$9<M*.-$2GJ3U1.6A7BO%%)#5
MG*BTK-(/.8E._*/-H0J^(I3Z3J_<F+M5CJY2:EZ .6!YIJ;<VE*Z_GRPOS><
M+682&P#/Q9I''XKLU(:PA @" ( @" ( @" ( @)K7K-CY>7YPD7($* ( @"
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M)U5?J/1M25VE"Q$W+)6M1Z]U;J2MSUK4>K,_)-$[/IVB6HOQ9U2&(A @" (
M@" ( @" FM>LV/EY?G"1<@0H @" ( @" ( @" ( @" ( @" ( @" ( @" (
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M @" ( @" ( @" ( @" ( @" ( @" ( @.-/+Y4!RJ H!_P![L]Y $ 0!4'"
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MK[/;=NSY<U<E*/3%^_52ZWQ]T]1+!S8(0! $ 0$UKUFQ\O+\X2+D"% $ 0!
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M0[:[.UJSN';^#=LZM8ZNB;R+]Q+KA*$O=G-Q=8R:XKA6JXGMY:S-L! $ 0!
M$ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! 36O6;'R\OSA(N0(
M4 0! 8USU.[_ +RN?XM*N=O^<C_"7X4<;G\U+^#+\#/EY]#A_8?P?^EOJW_7
M=);N_6(_29=_N&+_ !)&@_U9_P!%5G^_Y/X8'I#Q_?V(_%+_ *'-R_[*FL.[
M4_I*T/\ Q&W_ -IG/=[]%VO?X=<_#$\)^&KPE^+/<_AWZ&;DVQ](GU6V'MO/
M=*-CY? [(QG3W;][';0Q%_ T[%#;E"[/GH)K=3$5S&&.0P$C$=79EM'>>_=A
M86[]4P\W:.#E9EK/OPG>ED3C*[.-QJ5R45;:3F^+2;I4U%L+M[W$SMCZ/FX&
M\L[$P;VFX\[=B..I1LPE;BXVXR\]54%[J=%5+DCH+Z1OPV^)'IEX7<SNSJ9X
MW^HW77:=??G3ZC9Z=[EV3A<'BKM[(9B6+'Y:3(T<Q=L!/AY1>2,&C=C<M'=E
ME?9_>.SM:WO;P-%VSB:7GO%OR61;O3G)1C%.4>EPBJ37!NO Q#O?LC?&B=O[
MVH:YNK+U73XY5A/'N6%",G)RZ9=2NSXQIP73QJ?2SZ2MV;Z/KQ#.[:LW3S:K
MNWNLV\=E\/VUICLU^EG2?[W=_J;QO3O?Q[/:NES^RX__ !&.>?\ HYX0O%CF
MNC_2;,X?Z2'K+MC$9?IAT_RN*VS1Z>;7LTMMXS([2Q%S'X"G9FSD<MBIA:DP
M5HI"$2,(F=V9WT66;C[@;#QMQ:AC9&SM/O9%O.OQE<>1<3N2C=FI7&E;HG-I
MR:\&S#=K=NNX>3M?3,G&WKJ%C&N:=C3A:6/%JW&5F#C;3\]54$U%.BJER1[*
M\/'0CK?TDSVX\KU5\6O4#Q%XS,82OC<1M_>.U<+M^IMO(Q9"*W+G*<^,R-V6
MQ:L58WK.!,(L!N^NNBUSN[=&VM?Q;-C0M!Q=(O6[KE.Y:NSN.Y%Q:4&I1BDD
MWU5X\4;/V;M3=6WLJ]?W!N'*UFQ<M=,+=VU&VK<NJ+ZTU<FVZ)QIPX2?J/5Z
MP0V $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $!-:]9
ML?+R_.$BY A0! $!#8 I*UF(.)RUK$0,[Z,YR0F ,[OP9G(FXKE!J,XR?)23
M]C.,TW"45S<6O:CPU]')T(ZD^'#PP8OI?U8Q>.P^\JO4#J!N":CBLUC]P4QQ
M>X<E5M8N4<EBY9JAR2Q1DY Q<P::$S.MG=X-TZ-O'>T];T&<[FG2Q+%M2E"5
MM]5N+4ETR2=%7GR?@:H[*;2UO9.P[>@;@MPMZE'*O7'&,XW%TSZ.GWH-KP?"
MM?32IW+XM.GFZ>K?ACZZ],-CU*U_>&^^G.:VYMNE=OUL74M96Z5=Z\-C(W3C
MJ4HB:-]9)"86\KK'-A:O@Z!O72];U.4H:?BYD+EQJ+DU%5JU%5;?'DN)E/<+
M1L[<6Q]5T+3(J6HY>'*W;3DHIR;C2LI-)<GQ;2+OPV;)W#TU\/'0WIWNZM7I
M[JV+TIV/M3<=2I<@R%6KFL'@:=#(P5[]4CK788K,),,L9.!MQ9]%\^\M3Q-:
MW=JFKZ?)RP<K/O7;;:<6X3N.46XOBG1\GQ1W;$TG-T'9.D:'J45'4,/3K%FX
MDU)*=NW&,DI*J:37--I^!T!](WT)ZD>(_P +N;Z6])\9CLQO*[OK8&=KT<KF
ML?M^F6-V_EIK>3E+)926&H$D4)LX@Y<QOP;5UE?9_=&C;.WO:US7ISMZ='&O
MP<HPE<?5.*45TQ3?%^/@8CWKVEK>]]@7MO[?A"YJ<\FS-1E.-M=,')R]Z;45
MS7"M?14WKQI])=[=;/"-U>Z0]/Z-/([XWAM# X;!T+^3IXBE/=H;CVUD;039
M2_)%2J@%3&S$Q&3"3BS-Q=EY?;C7M-VWO[3]P:M*4-,Q\BY.<HQ<VE*W<BJ1
MC5OC)<EZ_ ];N=M[5-S]N]0V[H\(SU7(L68PC*48)N%ZU.592:BJ1A)JK5:4
M\3RGL3=_TJ.P]C;*V+2\)?ATR%+9.T-L[/IW[?7**.W>J[8PE'"5[EJ.#/M
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MT1Z+_BV6T/Q#&]F6Q[;;*Z^1+%-D/:7MQHGND\G/Z5WNK_"TX+"7NG7WN/\
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M?>#]%VN_X?+^- U3IK_\LO:W_4=D_P"9*XO1UG]-=_\ ZG_^,1X^@_H#QO\
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MH;EB8UGPZK3Z+MZ7IG<E%\7QZ4F_>E*OM=F=JRTK;GYVZM<65NW<$89F5?\
MWMU>9:LQKRA;C*K2X=;:7N0@E[\6J#<(0! $ 0! $ 0! $ 0! $ 0! $ 0!
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M3E)RBZ)R:2X)\VC7=B].MZXKP'[?Z2Y' 6:O46GX3SZ?6=K'/1*Y%O-^E=G
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M^G>.=_9F,XO_ !9CO*_^!0+2=Y+SI_PY?QF;XL-^1;_HX_Q49BZSL" ( @"
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MM/N3;E6SQ;4)>,.GRI\.'5<E)).3+KZ8[^PONK_2=TF_Y12KYOU=_P!*&/\
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MX.<SG,EF\'MSJ)TT',V#LY? ]+.IVXMH;6OG)KW@/@F?(5J58]7;N:SPP@W
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MV.\]$_&CF[P_5_QA]#[OY;T7S>;M4H*G2UKUFQ\O+\X2JY$(4 0! $ 0! $
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M:=<DT^*Y'%IK@^80@0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0!
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M8OV.W49',6B^IT+M999KVWMG/9GYT[8>?59\<=K(=O\ <.4FHPC_  :/J]/
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M:K[*_P#(-G^]Y']8>B%JLVN$ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $
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MDWY.$J5493K%\&U1KBN)W:M>&Q@@" ( @" ( @" ( @" ( @" ( @" ( @"
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M_!2L+? = 4B$" (#<_P=^0?YTJ>/UE-2M>LV/EY?G"57(A"@" (#8(-LY&<
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M2-F8A)G8V;SM4HA5F)+D+T[6FFN691NE"=P3F-PLE6YO1WF#7D-J[$_=L[:
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M&A#<_P '?D'^=*GC]934K7K-CY>7YPE5R(0H @" ( @" ( @" ( @" ( @"
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MFI6O6;'R\OSA*KD0A0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0! $ 0!
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MK7TGM_?]?C_"3Q^LAIEKUFQ\O+\X2JY$(4 0! $ 0! $ 0! $ 0! $ 0! $
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M@+S\'?D'^=*GC]8-2M>LV/EY?G"57(A"@" ( @" ( @" ( @" ( @" ( @"
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MU:^OQB"-M3+X\A$7:3H# 0AN?X._(/\ .E3Q^LIJ5KUFQ\O+\X2JY$(4 0!
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M[\7=W=W=WXN[N_%W=T($ 0! ;G^#OR#_ #I4\?K*:E:]9L?+R_.$JN1"% $
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MB\FB+_*5_P"0U9"! $ 0&Y_@[\@_SI4\?K*:E:]9L?+R_.$JN1"% $ 0! $
M0! $ 0! $ 0! $ 0! $ 0! $ 0! &9W=A%G(B=A$19R(B)]!$1;B1$[Z,S=K
MH"]RY#0A@P,9-K2D*SEC%V=ILP8<DD7,W HL5"_<#Y.\[TFX$GK*1P8<AACN
M96=L51D'GA*6-Y;]X/=QV.8@EG O)*;Q5V^KUX)4'[DS U@.OA("QD)@\<MQ
MY&ES%L';0AGO",?HL)^6&NT8.W G/M3Z0?G;_P#&$G\U9W^I,@C(5M2W:HSC
M9IV):TX,[-+";B3B3:$!M\&2(VX$!,XDW!V=D*6W?8G*<+81X6^_^[:D)/B+
M!^[<Q\3%+CR)^V2LQ1_WEN+H"OO8VYCBC:S$W=SLY5K4)A8I6P;M.I;A<X)Q
M;RLS\P]A,S\$!@H0R*=62]<JTH>$MRQ#6!_()3R#&QO^Y#FU?WF0I<68GSN:
MO'6,*^/@=W>W-S-6Q^'HC'2K3S.+.6C5HHQ$!U.60F$6<B9 8F1R$4P14* '
M!B:AD=>.31I[=AQY),E?<7<2N3BV@BVHP1Z1C\8B JD($!?1?>K$E8^#D,Y%
M+7J_5UL,,CQ7;+>43R<P/ #_ ,"$OD)D*<8AQO13X&4F9[L@SXHS=F&#,QAR
M0Q\S\ CRD/VN?D[QXB?@"#U%$[.+N)"XD+N)"3.)"0OH0D+\1(7;1V\CH0(
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M)O(@*]"&Y_@[\@_SI4\?K*:E:]9L?+R_.$JN1"% $ 0! $ 0! $ 0! $ 0!
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M19D%5Z#%]*P/\B7?Z<_S6@JO0/2L#_(EW^G/\UH*KT#TK _R)=_IS_-:"J]
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M4HD(7^2;V92AP@^;9,HLAFG\K6WC?T+'$_N8VO*Y&W^$2FS\09"E"A @" (
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M0MLW;Z/:CUC,F^,#\L@?&%GX(#-PYA:&?"6#&.')E&5.61V8*F9B8AHS$3_
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M#RNZ>LK*9"! $!N?X._(/\Z5/'ZRFI6O6;'R\OSA*KD0A0! $ 0! $ 0! $
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MQ_[/;_@1_ C#<G^T7/Z27X68"[3I" ( @" ( @" ( @" ( @" ( @" ( @"
M( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @,_+?QKE/YRO_XW,NK'_L]O
M^!'\".[)_M%S^DE^%F NTZ0@" ( @" ( @" ( @" ( @" ( @" ( @" ( @"
M ( @" ( @" ( @" ( @" ( @" ( @" (#/RW\:Y3^<K_ /C<RZL?^SV_X$?P
M([LG^T7/Z27X68"[3I" ( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @"
M( @" ( @" ( @" ( @" ( @" ( @,_+?QKE/YRO_ .-S+JQ_[/;_ ($?P([L
MG^T7/Z27X68"[3I" ( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @
M" ( @" ( @" ( @" ( @" ( @,_+?QKE/YRO_P"-S+JQ_P"SV_X$?P([LG^T
M7/Z27X68"[3I" ( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @" (
3 @" ( @" ( @" ( @" ( @/_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
