<SEC-DOCUMENT>0001752724-22-198634.txt : 20220829
<SEC-HEADER>0001752724-22-198634.hdr.sgml : 20220829
<ACCEPTANCE-DATETIME>20220829093130
ACCESSION NUMBER:		0001752724-22-198634
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220630
FILED AS OF DATE:		20220829
DATE AS OF CHANGE:		20220829
PERIOD START:           	20221231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI GLOBAL UTILITY & INCOME TRUST
		CENTRAL INDEX KEY:			0001282957
		IRS NUMBER:				320116828
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21529
		FILM NUMBER:		221207621

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		8149219105

	MAIL ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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          <ticker value="SJI"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>General Motors Co</name>
        <lei>54930070NSV60J38I987</lei>
        <title>General Motors Co</title>
        <cusip>37045V100</cusip>
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          <isin value="US37045V1008"/>
          <ticker value="GM"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15880.00000000</valUSD>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Algonquin Power &amp; Utilities Co</name>
        <lei>549300K5VIUTJXQL7X75</lei>
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          <isin value="CA0158571053"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>GATX Corp</name>
        <lei>549300IHYHCQP2PIR591</lei>
        <title>GATX Corp</title>
        <cusip>361448103</cusip>
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          <isin value="US3614481030"/>
          <ticker value="GATX"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>376640.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Traton SE</name>
        <lei>529900UIMQRKPFN6SV80</lei>
        <title>Traton SE</title>
        <cusip>000000000</cusip>
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          <isin value="DE000TRAT0N7"/>
          <ticker value="8TRA"/>
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        <balance>30000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telesat Corp</name>
        <lei>N/A</lei>
        <title>Telesat Corp</title>
        <cusip>879512309</cusip>
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          <isin value="CA8795123097"/>
          <ticker value="TSAT"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446800.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mueller Water Products Inc</name>
        <lei>549300F7ZU4P1F8V8L60</lei>
        <title>Mueller Water Products Inc</title>
        <cusip>624758108</cusip>
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          <isin value="US6247581084"/>
          <ticker value="MWA"/>
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        <balance>4500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52785.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lumen Technologies Inc</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies Inc</title>
        <cusip>550241103</cusip>
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          <isin value="US5502411037"/>
          <ticker value="LUMN"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>654600.00000000</valUSD>
        <pctVal>0.655064884940</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Snam SpA</name>
        <lei>8156002278562044AF79</lei>
        <title>Snam SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003153415"/>
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          <other otherDesc="SEDOL" value="7251470"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>NorthWestern Corp</name>
        <lei>3BPWMBHR1R9SHUN7J795</lei>
        <title>NorthWestern Corp</title>
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          <isin value="US6680743050"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Service Enterprise Grou</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
        <title>Public Service Enterprise Group Inc</title>
        <cusip>744573106</cusip>
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          <isin value="US7445731067"/>
          <ticker value="PEG"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>949200.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hawaiian Electric Industries I</name>
        <lei>JJ8FWOCWCV22X7GUPJ23</lei>
        <title>Hawaiian Electric Industries Inc</title>
        <cusip>419870100</cusip>
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          <isin value="US4198701009"/>
          <ticker value="HE"/>
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        <curCd>USD</curCd>
        <valUSD>654400.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Fuel Gas Co</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co</title>
        <cusip>636180101</cusip>
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          <isin value="US6361801011"/>
          <ticker value="NFG"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3963000.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003132476"/>
          <ticker value="ENI"/>
          <other otherDesc="SEDOL" value="7145056"/>
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        <balance>4000.00000000</balance>
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        <pctVal>0.047518432772</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>America Movil SAB de CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>America Movil SAB de CV</title>
        <cusip>02364W105</cusip>
        <identifiers>
          <isin value="US02364W1053"/>
          <ticker value="AMX"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61290.00000000</valUSD>
        <pctVal>0.061333527036</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mandarin Oriental Internationa</name>
        <lei>213800KQ1UMKZ1JXJR80</lei>
        <title>Mandarin Oriental International Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG578481068"/>
          <ticker value="MAND"/>
          <other otherDesc="SEDOL" value="6560713"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>756000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Chocoladefabriken Lindt &amp; Spru</name>
        <lei>529900JYJNNOKKAGK736</lei>
        <title>Chocoladefabriken Lindt &amp; Spruengli AG</title>
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          <isin value="CH0010570767"/>
          <ticker value="LISP"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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      <invstOrSec>
        <name>Shell PLC</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Shell PLC</title>
        <cusip>780259305</cusip>
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          <isin value="US7802593050"/>
          <ticker value="SHEL"/>
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        <balance>8000.00000000</balance>
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        <valUSD>418320.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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      <invstOrSec>
        <name>Portland General Electric Co</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co</title>
        <cusip>736508847</cusip>
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          <ticker value="POR"/>
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        <balance>40000.00000000</balance>
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        <valUSD>1933200.00000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796S67</cusip>
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          <isin value="US912796S678"/>
          <other otherDesc="SEDOL" value="BLNKZ20"/>
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        <balance>300000.00000000</balance>
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        <valUSD>299670.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Linde PLC</name>
        <lei>8945002PAZHZLBGKGF02</lei>
        <title>Linde PLC</title>
        <cusip>000000000</cusip>
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          <isin value="IE00BZ12WP82"/>
          <ticker value="LIN"/>
          <other otherDesc="SEDOL" value="BZ12WP8"/>
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        <balance>50.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14376.50000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Liberty Global PLC</name>
        <lei>549300BSGXG3QLIQYT84</lei>
        <title>Liberty Global PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B8W67662"/>
          <ticker value="LBTYA"/>
          <other otherDesc="SEDOL" value="B8W6766"/>
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        <balance>27100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>570455.00000000</valUSD>
        <pctVal>0.570860126701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pfizer Inc</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer Inc</title>
        <cusip>717081103</cusip>
        <identifiers>
          <isin value="US7170811035"/>
          <ticker value="PFE"/>
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        <balance>16000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>838880.00000000</valUSD>
        <pctVal>0.839475757224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
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      <invstOrSec>
        <name>TELUS Corp</name>
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      <invstOrSec>
        <name>Avista Corp</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
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      <invstOrSec>
        <name>TREASURY BILL</name>
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      <invstOrSec>
        <name>Veolia Environnement SA</name>
        <lei>969500LENY69X51OOT31</lei>
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          <isin value="FR0000124141"/>
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      <invstOrSec>
        <name>Corning Inc</name>
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        <title>Corning Inc</title>
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          <isin value="US2193501051"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Shikoku Electric Power Co Inc</name>
        <lei>N/A</lei>
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          <isin value="JP3350800003"/>
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        <name>Vistra Corp</name>
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        <curCd>USD</curCd>
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        <name>Korea Electric Power Corp</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>Korea Electric Power Corp</title>
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          <isin value="US5006311063"/>
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        <name>Fomento Economico Mexicano SAB</name>
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        <title>Fomento Economico Mexicano SAB de CV</title>
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        <name>BCE Inc</name>
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        <name>Hera SpA</name>
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        <name>UBS Group AG</name>
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        <name>Fluidra SA</name>
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        <name>AZZ Inc</name>
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        <name>SolarWinds Corp</name>
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        <name>Atmos Energy Corp</name>
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        <name>Vantage Towers AG</name>
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        <name>Dominion Energy Inc</name>
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        <name>Essity AB</name>
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        <name>Uniper SE</name>
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        <name>Infrastrutture Wireless Italia</name>
        <lei>81560066183FE361C071</lei>
        <title>Infrastrutture Wireless Italiane SpA</title>
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        <name>Iveco Group NV</name>
        <lei>549300ZWF2ZJDD9EOR96</lei>
        <title>Iveco Group NV</title>
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        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>317025.83000000</valUSD>
        <pctVal>0.317250975942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Italgas SpA</name>
        <lei>815600F25FF44EF1FA76</lei>
        <title>Italgas SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005211237"/>
          <ticker value="IG"/>
          <other otherDesc="SEDOL" value="BD2Z8S7"/>
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        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>93141.80000000</valUSD>
        <pctVal>0.093207947601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Warner Bros Discovery Inc</name>
        <lei>5493006ZCRFWKF6B1K26</lei>
        <title>Warner Bros Discovery Inc</title>
        <cusip>934423104</cusip>
        <identifiers>
          <isin value="US9344231041"/>
          <ticker value="WBD"/>
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        <balance>1935.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25967.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orsted AS</name>
        <lei>W9NG6WMZIYEU8VEDOG48</lei>
        <title>Orsted AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0060094928"/>
          <ticker value="ORSTED"/>
          <other otherDesc="SEDOL" value="BYT16L4"/>
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        <balance>1100.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="7.09755000"/>
        <valUSD>114981.93000000</valUSD>
        <pctVal>0.115063588062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Telefonica SA</name>
        <lei>549300EEJH4FEPDBBR25</lei>
        <title>Telefonica SA</title>
        <cusip>879382208</cusip>
        <identifiers>
          <isin value="US8793822086"/>
          <ticker value="TEF"/>
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        <balance>80000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>410400.00000000</valUSD>
        <pctVal>0.410691458569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pharol SGPS SA</name>
        <lei>549300JNP3LA8FWLU630</lei>
        <title>Pharol SGPS SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PTPTC0AM0009"/>
          <ticker value="PHR"/>
          <other otherDesc="SEDOL" value="5817186"/>
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        <balance>60000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>5017.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Utilities Group PLC</name>
        <lei>2138002IEYQAOC88ZJ59</lei>
        <title>United Utilities Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B39J2M42"/>
          <ticker value="UU/"/>
          <other otherDesc="SEDOL" value="B39J2M4"/>
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        <balance>35000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.82149018"/>
        <valUSD>434576.10000000</valUSD>
        <pctVal>0.434884727993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EDP - Energias de Portugal SA</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP - Energias de Portugal SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PTEDP0AM0009"/>
          <ticker value="EDP"/>
          <other otherDesc="SEDOL" value="4103596"/>
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        <balance>20615.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>96178.73000000</valUSD>
        <pctVal>0.096247034373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Consolidated Water Co Ltd</name>
        <lei>5299001BMEW8X9VIJA73</lei>
        <title>Consolidated Water Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG237731073"/>
          <ticker value="CWCO"/>
          <other otherDesc="SEDOL" value="2099095"/>
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        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72500.00000000</valUSD>
        <pctVal>0.072551488173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Check Point Software Technolog</name>
        <lei>2549003ZVBH73EPNS513</lei>
        <title>Check Point Software Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0010824113"/>
          <ticker value="CHKP"/>
          <other otherDesc="SEDOL" value="2181334"/>
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        <balance>550.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>66979.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rolls-Royce Holdings PLC</name>
        <lei>213800EC7997ZBLZJH69</lei>
        <title>Rolls-Royce Holdings PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B63H8491"/>
          <ticker value="RR/"/>
          <other otherDesc="SEDOL" value="B63H849"/>
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        <balance>50000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.82149018"/>
        <valUSD>50487.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orange Belgium SA</name>
        <lei>5493007JS0ZHJVBUWP18</lei>
        <title>Orange Belgium SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003735496"/>
          <ticker value="OBEL"/>
          <other otherDesc="SEDOL" value="5541979"/>
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        <balance>94000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Red Electrica Corp SA</name>
        <lei>5493009HMD0C90GUV498</lei>
        <title>Red Electrica Corp SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0173093024"/>
          <ticker value="RED"/>
          <other otherDesc="SEDOL" value="BD6FXN3"/>
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        <balance>20000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>377785.97000000</valUSD>
        <pctVal>0.378054266682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Axalta Coating Systems Ltd</name>
        <lei>529900AGLPA40GV6H619</lei>
        <title>Axalta Coating Systems Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG0750C1082"/>
          <ticker value="AXTA"/>
          <other otherDesc="SEDOL" value="BSFWCF5"/>
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        <balance>4500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>99495.00000000</valUSD>
        <pctVal>0.099565659528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Diageo PLC</name>
        <lei>213800ZVIELEA55JMJ32</lei>
        <title>Diageo PLC</title>
        <cusip>25243Q205</cusip>
        <identifiers>
          <isin value="US25243Q2057"/>
          <ticker value="DEO"/>
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        <balance>7500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1305900.00000000</valUSD>
        <pctVal>1.306827426282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Telekom Austria AG</name>
        <lei>529900KCNFQU5OJH7L33</lei>
        <title>Telekom Austria AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000720008"/>
          <ticker value="TKA"/>
          <other otherDesc="SEDOL" value="4635088"/>
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        <balance>70000.00000000</balance>
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        <pctVal>0.466144582415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Emera Inc</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera Inc</title>
        <cusip>290876101</cusip>
        <identifiers>
          <isin value="CA2908761018"/>
          <ticker value="EMA"/>
          <other otherDesc="SEDOL" value="2650050"/>
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        <balance>35000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.28720000"/>
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        <pctVal>1.640769757707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Millicom International Cellula</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>Millicom International Cellular SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0001174970"/>
          <ticker value="TIGO"/>
          <other otherDesc="SEDOL" value="B00L2M8"/>
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        <balance>45000.00000000</balance>
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        <valUSD>642244.43000000</valUSD>
        <pctVal>0.642700540241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HK&amp;S HOTELS</name>
        <lei>5299001258RHH99P1A15</lei>
        <title>Hongkong &amp; Shanghai Hotels Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0045000319"/>
          <ticker value="45"/>
          <other otherDesc="SEDOL" value="6436386"/>
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        <balance>350000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84680000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VMware Inc</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMware Inc</title>
        <cusip>928563402</cusip>
        <identifiers>
          <isin value="US9285634021"/>
          <ticker value="VMW"/>
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        <balance>682.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77734.36000000</valUSD>
        <pctVal>0.077789565519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kyndryl Holdings Inc</name>
        <lei>549300LQ4LWX2R8ZV130</lei>
        <title>Kyndryl Holdings Inc</title>
        <cusip>50155Q100</cusip>
        <identifiers>
          <isin value="US50155Q1004"/>
          <ticker value="KD"/>
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        <balance>2800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27384.00000000</valUSD>
        <pctVal>0.027403447615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse Group AG</name>
        <lei>549300506SI9CRFV9Z86</lei>
        <title>Credit Suisse Group AG</title>
        <cusip>225401108</cusip>
        <identifiers>
          <isin value="US2254011081"/>
          <ticker value="CS"/>
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        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>113400.00000000</valUSD>
        <pctVal>0.113480534604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DT Midstream Inc</name>
        <lei>N/A</lei>
        <title>DT Midstream Inc</title>
        <cusip>23345M107</cusip>
        <identifiers>
          <isin value="US23345M1071"/>
          <ticker value="DTM"/>
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        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24510.00000000</valUSD>
        <pctVal>0.024527406553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Enel Americas SA</name>
        <lei>549300LKH11TFCJLZK20</lei>
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          <isin value="US29274F1049"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CL</invCountry>
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      <invstOrSec>
        <name>Consolidated Edison Inc</name>
        <lei>54930033SBW53OO8T749</lei>
        <title>Consolidated Edison Inc</title>
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          <isin value="US2091151041"/>
          <ticker value="ED"/>
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        <balance>2000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Black Hills Corp</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>Black Hills Corp</title>
        <cusip>092113109</cusip>
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          <isin value="US0921131092"/>
          <ticker value="BKH"/>
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        <balance>600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43662.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>T-Mobile US Inc</name>
        <lei>549300QHIJYOHPACPG31</lei>
        <title>T-Mobile US Inc</title>
        <cusip>872590104</cusip>
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          <isin value="US8725901040"/>
          <ticker value="TMUS"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134540.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>OCCIDENTAL PETROLEUM CORP</name>
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        <title>OCCIDENTAL PETROLEUM-CW27</title>
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          <isin value="US6745991629"/>
          <ticker value="OXY/WS"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dril-Quip Inc</name>
        <lei>5299007REICYIJNMW197</lei>
        <title>Dril-Quip Inc</title>
        <cusip>262037104</cusip>
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          <isin value="US2620371045"/>
          <ticker value="DRQ"/>
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        <curCd>USD</curCd>
        <valUSD>129000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Bank of New York Mellon Corp/T</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>Bank of New York Mellon Corp/The</title>
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          <isin value="US0640581007"/>
          <ticker value="BK"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jardine Matheson Holdings Ltd</name>
        <lei>2138009KENVUNWOLPK41</lei>
        <title>Jardine Matheson Holdings Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="BMG507361001"/>
          <ticker value="JM"/>
          <other otherDesc="SEDOL" value="6472119"/>
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        <balance>19000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>998640.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PetroChina Co Ltd</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>PetroChina Co Ltd</title>
        <cusip>71646E100</cusip>
        <identifiers>
          <isin value="US71646E1001"/>
          <ticker value="PTR"/>
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        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>139920.00000000</valUSD>
        <pctVal>0.140019368623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38141G104</cusip>
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          <isin value="US38141G1040"/>
          <ticker value="GS"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297020.00000000</valUSD>
        <pctVal>0.297230938168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc</title>
        <cusip>023135106</cusip>
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          <isin value="US0231351067"/>
          <ticker value="AMZN"/>
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        <balance>200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21242.00000000</valUSD>
        <pctVal>0.021257085679</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dell Technologies Inc</name>
        <lei>549300TJB5YBRUPOG437</lei>
        <title>Dell Technologies Inc</title>
        <cusip>24703L202</cusip>
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          <isin value="US24703L2025"/>
          <ticker value="DELL"/>
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        <balance>300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13863.00000000</valUSD>
        <pctVal>0.013872845248</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Liberty Latin America Ltd</name>
        <lei>213800YWQHEAX7CAVO83</lei>
        <title>Liberty Latin America Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="BMG9001E1286"/>
          <ticker value="LILAK"/>
          <other otherDesc="SEDOL" value="BD9Q3Q6"/>
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        <balance>3632.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>General Electric Co</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>General Electric Co</title>
        <cusip>369604301</cusip>
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          <ticker value="GE"/>
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        <balance>3000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Axcelis Technologies Inc</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>Axcelis Technologies Inc</title>
        <cusip>054540208</cusip>
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          <isin value="US0545402085"/>
          <ticker value="ACLS"/>
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        <balance>800.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43872.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Universal Display Corp</name>
        <lei>N/A</lei>
        <title>Universal Display Corp</title>
        <cusip>91347P105</cusip>
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          <isin value="US91347P1057"/>
          <ticker value="OLED"/>
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        <balance>100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10114.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc</title>
        <cusip>92343V104</cusip>
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          <isin value="US92343V1044"/>
          <ticker value="VZ"/>
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        <name>Southern Co/The</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co/The</title>
        <cusip>842587107</cusip>
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          <isin value="US8425871071"/>
          <ticker value="SO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>000000000</cusip>
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          <other otherDesc="SEDOL" value="BRTR118"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <name>Grupo Televisa SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
        <cusip>40049J206</cusip>
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          <isin value="US40049J2069"/>
          <ticker value="TV"/>
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        <valUSD>875260.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <name>TC Energy Corp</name>
        <lei>549300UGKOFV2IWJJG27</lei>
        <title>TC Energy Corp</title>
        <cusip>87807B107</cusip>
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          <isin value="CA87807B1076"/>
          <ticker value="TRP"/>
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        <balance>900.00000000</balance>
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        <valUSD>46629.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>Turkcell Iletisim Hizmetleri A</name>
        <lei>7890003EX1LTLS2FFL84</lei>
        <title>Turkcell Iletisim Hizmetleri AS</title>
        <cusip>900111204</cusip>
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          <isin value="US9001112047"/>
          <ticker value="TKC"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Macquarie Infrastructure Holdi</name>
        <lei>N/A</lei>
        <title>Macquarie Infrastructure Holdings LLC</title>
        <cusip>55608B105</cusip>
        <identifiers>
          <isin value="US55608B1052"/>
          <ticker value="MIC"/>
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        <balance>7500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29325.00000000</valUSD>
        <pctVal>0.029345826078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PPL Corp</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
        <title>PPL Corp</title>
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          <isin value="US69351T1060"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Oracle Corp</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp</title>
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          <isin value="US68389X1054"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Sika AG</name>
        <lei>549300R3N69ECGYPU434</lei>
        <title>Sika AG</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charter Communications Inc</name>
        <lei>0J0XRGZE3PBRFEZ7MV65</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Evoqua Water Technologies Corp</name>
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          <isin value="US30057T1051"/>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Motorola Solutions Inc</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
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          <isin value="US6200763075"/>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chr Hansen Holding A/S</name>
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          <isin value="DK0060227585"/>
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      <invstOrSec>
        <name>PNM Resources Inc</name>
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          <isin value="US69349H1077"/>
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      <invstOrSec>
        <name>Gulf Coast Ultra Deep Royalty</name>
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        <title>Gulf Coast Ultra Deep Royalty Trust</title>
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          <isin value="US40222T1043"/>
          <ticker value="GULTU"/>
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        <name>EDP - Energias de Portugal SA</name>
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          <isin value="US2683531097"/>
          <ticker value="EDPFY"/>
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        <invCountry>PT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Heineken NV</name>
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        <name>Hokuriku Electric Power Co</name>
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      <invstOrSec>
        <name>Middlesex Water Co</name>
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          <isin value="US5966801087"/>
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        <name>Pernod Ricard SA</name>
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      <invstOrSec>
        <name>Deutsche Telekom AG</name>
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        <invCountry>DE</invCountry>
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        <name>Duke Energy Corp</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
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        <name>Matthews International Corp</name>
        <lei>549300ZVC5O0ATML6U61</lei>
        <title>Matthews International Corp</title>
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        <name>Brookfield Renewable Corp</name>
        <lei>N/A</lei>
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        <name>Sony Group Corp</name>
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        <name>Engie SA</name>
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        <title>Engie SA</title>
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        <name>ONE Gas Inc</name>
        <lei>549300HXDWI0LATTX840</lei>
        <title>ONE Gas Inc</title>
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        <name>AAR Corp</name>
        <lei>MP76T5YQX3YK5VVAQ802</lei>
        <title>AAR Corp</title>
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        <name>Severn Trent PLC</name>
        <lei>213800RPBXRETY4A4C59</lei>
        <title>Severn Trent PLC</title>
        <cusip>000000000</cusip>
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        <invCountry>GB</invCountry>
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        <name>Kerry Group PLC</name>
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        <name>Mandiant Inc</name>
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        <name>Essential Utilities Inc</name>
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        <name>Spire Inc</name>
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        <name>Roper Technologies Inc</name>
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        <name>TREASURY BILL</name>
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        <name>Landis+Gyr Group AG</name>
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        <name>PG&amp;E Corp</name>
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        <name>Manchester United Plc</name>
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        <name>Telefonica Deutschland Holding</name>
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        <name>Davide Campari-Milano NV</name>
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        <name>HUANENG POWER</name>
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        <name>TREASURY BILL</name>
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        <name>SJW Group</name>
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        <name>Artesian Resources Corp</name>
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        <name>Enel SpA</name>
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        <name>Welbilt Inc</name>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK Telecom Co Ltd</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK Telecom Co Ltd</title>
        <cusip>78440P306</cusip>
        <identifiers>
          <isin value="US78440P3064"/>
          <ticker value="SKM"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111600.00000000</valUSD>
        <pctVal>0.111679256277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Grid PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>National Grid PLC</title>
        <cusip>636274409</cusip>
        <identifiers>
          <isin value="US6362744095"/>
          <ticker value="NGG"/>
        </identifiers>
        <balance>15700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1015633.00000000</valUSD>
        <pctVal>1.016354283970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evergy Inc</name>
        <lei>549300PGTHDQY6PSUI61</lei>
        <title>Evergy Inc</title>
        <cusip>30034W106</cusip>
        <identifiers>
          <isin value="US30034W1062"/>
          <ticker value="EVRG"/>
        </identifiers>
        <balance>17000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1109250.00000000</valUSD>
        <pctVal>1.110037769050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cisco Systems Inc</name>
        <lei>549300LKFJ962MZ46593</lei>
        <title>Cisco Systems Inc</title>
        <cusip>17275R102</cusip>
        <identifiers>
          <isin value="US17275R1023"/>
          <ticker value="CSCO"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42640.00000000</valUSD>
        <pctVal>0.042670282147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ipsen SA / Clementia CVR</name>
        <lei>N/A</lei>
        <title>Ipsen SA / Clementia CVR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="185CVR107"/>
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        <balance>17029.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.02000000</valUSD>
        <pctVal>0.000000020014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bouygues SA</name>
        <lei>969500MOCLNQFNZN0D63</lei>
        <title>Bouygues SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120503"/>
          <ticker value="EN"/>
          <other otherDesc="SEDOL" value="4002121"/>
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        <balance>16500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>507668.90000000</valUSD>
        <pctVal>0.508029437162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
        <title>Swisscom AG</title>
        <cusip>871013108</cusip>
        <identifiers>
          <isin value="US8710131082"/>
          <ticker value="SCMWY"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>110180.00000000</valUSD>
        <pctVal>0.110258247819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEC Energy Group Inc</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC Energy Group Inc</title>
        <cusip>92939U106</cusip>
        <identifiers>
          <isin value="US92939U1060"/>
          <ticker value="WEC"/>
        </identifiers>
        <balance>15300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1539792.00000000</valUSD>
        <pctVal>1.540885532100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLETE Inc</name>
        <lei>549300NNLSIMY6Z8OT86</lei>
        <title>ALLETE Inc</title>
        <cusip>018522300</cusip>
        <identifiers>
          <isin value="US0185223007"/>
          <ticker value="ALE"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>88170.00000000</valUSD>
        <pctVal>0.088232616720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VEON Ltd</name>
        <lei>5493008CA3NMHYEVT131</lei>
        <title>VEON Ltd</title>
        <cusip>91822M106</cusip>
        <identifiers>
          <isin value="US91822M1062"/>
          <ticker value="VEON"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>138000.00000000</valUSD>
        <pctVal>0.138098005074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GAM Holding AG</name>
        <lei>549300GGVID7ZGDMX291</lei>
        <title>GAM Holding AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0102659627"/>
          <ticker value="GAM"/>
          <other otherDesc="SEDOL" value="B1WHVV3"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.95465000"/>
        <valUSD>49651.70000000</valUSD>
        <pctVal>0.049686961728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orange SA</name>
        <lei>969500MCOONR8990S771</lei>
        <title>Orange SA</title>
        <cusip>684060106</cusip>
        <identifiers>
          <isin value="US6840601065"/>
          <ticker value="ORAN"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>58850.00000000</valUSD>
        <pctVal>0.058891794193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Janus Henderson Group PLC</name>
        <lei>2138009WPYMWJN3RVF44</lei>
        <title>Janus Henderson Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BYPZJM29"/>
          <ticker value="JHG"/>
          <other otherDesc="SEDOL" value="BYPZJQ6"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>352650.00000000</valUSD>
        <pctVal>0.352900445576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swedish Match AB</name>
        <lei>529900YVXCGNWAUYZG78</lei>
        <title>Swedish Match AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0015812219"/>
          <ticker value="SWMA"/>
          <other otherDesc="SEDOL" value="BP09MR2"/>
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        <balance>425000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.22975000"/>
        <valUSD>4329040.30000000</valUSD>
        <pctVal>4.332114705200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SDCL EDGE Acquisition Corp</name>
        <lei>N/A</lei>
        <title>SDCL EDGE Acquisition Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG794711195"/>
          <ticker value="SEDA/U"/>
          <other otherDesc="SEDOL" value="BNHX0H9"/>
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        <balance>2500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24400.25000000</valUSD>
        <pctVal>0.024417578611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rogers Communications Inc</name>
        <lei>54930030NVF3Y2OL0A78</lei>
        <title>Rogers Communications Inc</title>
        <cusip>775109200</cusip>
        <identifiers>
          <isin value="CA7751092007"/>
          <ticker value="RCI"/>
        </identifiers>
        <balance>45000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2155500.00000000</valUSD>
        <pctVal>2.157030796654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NRG Energy Inc</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc</title>
        <cusip>629377508</cusip>
        <identifiers>
          <isin value="US6293775085"/>
          <ticker value="NRG"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>114510.00000000</valUSD>
        <pctVal>0.114591322906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eos Energy Enterprises Inc</name>
        <lei>N/A</lei>
        <title>Eos Energy Enterprises Inc</title>
        <cusip>29415C101</cusip>
        <identifiers>
          <isin value="US29415C1018"/>
          <ticker value="EOSE"/>
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        <balance>2000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2420.00000000</valUSD>
        <pctVal>0.002421718639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc</title>
        <cusip>00206R102</cusip>
        <identifiers>
          <isin value="US00206R1023"/>
          <ticker value="T"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>167680.00000000</valUSD>
        <pctVal>0.167799083267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Siemens Gamesa Renewable Energ</name>
        <lei>9598004BR8D81D3M1D64</lei>
        <title>Siemens Gamesa Renewable Energy SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0143416115"/>
          <ticker value="SGRE"/>
          <other otherDesc="SEDOL" value="B01CP21"/>
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        <balance>68000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>1276277.35000000</valUSD>
        <pctVal>1.277183738818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kinder Morgan Inc</name>
        <lei>549300WR7IX8XE0TBO16</lei>
        <title>Kinder Morgan Inc</title>
        <cusip>49456B101</cusip>
        <identifiers>
          <isin value="US49456B1017"/>
          <ticker value="KMI"/>
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        <balance>30000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>502800.00000000</valUSD>
        <pctVal>0.503157079358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.com Inc</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
          <ticker value="9618"/>
          <other otherDesc="SEDOL" value="BKPQZT6"/>
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        <balance>95.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84680000"/>
        <valUSD>3060.61000000</valUSD>
        <pctVal>0.003062783589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty Latin America Ltd</name>
        <lei>213800YWQHEAX7CAVO83</lei>
        <title>Liberty Latin America Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG9001E1021"/>
          <ticker value="LILA"/>
          <other otherDesc="SEDOL" value="BD9Q3P5"/>
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        <balance>35000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>273000.00000000</valUSD>
        <pctVal>0.273193879604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyushu Electric Power Co Inc</name>
        <lei>549300BYNZPLKQVQH430</lei>
        <title>Kyushu Electric Power Co Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3246400000"/>
          <ticker value="9508"/>
          <other otherDesc="SEDOL" value="6499806"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy</title>
        <cusip>30040W108</cusip>
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          <isin value="US30040W1080"/>
          <ticker value="ES"/>
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        <balance>20200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1706294.00000000</valUSD>
        <pctVal>1.707505778773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Enagas SA</name>
        <lei>213800OU3FQKGM4M2U23</lei>
        <title>Enagas SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0130960018"/>
          <ticker value="ENG"/>
          <other otherDesc="SEDOL" value="7383072"/>
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        <balance>1500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Boralex Inc</name>
        <lei>5493004UT7HNQU2SVR90</lei>
        <title>Boralex Inc</title>
        <cusip>09950M300</cusip>
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          <isin value="CA09950M3003"/>
          <ticker value="BLX"/>
          <other otherDesc="SEDOL" value="2099084"/>
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        <balance>1700.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.28720000"/>
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        <pctVal>0.056671668619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avangrid Inc</name>
        <lei>549300OX0Q38NLSKPB49</lei>
        <title>Avangrid Inc</title>
        <cusip>05351W103</cusip>
        <identifiers>
          <isin value="US05351W1036"/>
          <ticker value="AGR"/>
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        <balance>17600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>811712.00000000</valUSD>
        <pctVal>0.812288463008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796W70</cusip>
        <identifiers>
          <isin value="US912796W704"/>
          <other otherDesc="SEDOL" value="BK93957"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>991741.46000000</valUSD>
        <pctVal>0.992445776636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-25</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Telecom Italia SpA/Milano</name>
        <lei>549300W384M3RI3VXU42</lei>
        <title>Telecom Italia SpA/Milano</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003497168"/>
          <ticker value="TIT"/>
          <other otherDesc="SEDOL" value="7634394"/>
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        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>10466.92000000</valUSD>
        <pctVal>0.010474353415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SolarEdge Technologies Inc</name>
        <lei>5493000K6Y58XXPDF853</lei>
        <title>SolarEdge Technologies Inc</title>
        <cusip>83417M104</cusip>
        <identifiers>
          <isin value="US83417M1045"/>
          <ticker value="SEDG"/>
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        <balance>400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>109472.00000000</valUSD>
        <pctVal>0.109549745011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Halliburton Co</name>
        <lei>ENYF8GB5SMQZ25S06U51</lei>
        <title>Halliburton Co</title>
        <cusip>406216101</cusip>
        <identifiers>
          <isin value="US4062161017"/>
          <ticker value="HAL"/>
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        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>627200.00000000</valUSD>
        <pctVal>0.627645425962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Remy Cointreau SA</name>
        <lei>5493004V6A3Z027YT216</lei>
        <title>Remy Cointreau SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000130395"/>
          <ticker value="RCO"/>
          <other otherDesc="SEDOL" value="4741714"/>
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        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>262039.90000000</valUSD>
        <pctVal>0.262225995941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hokkaido Electric Power Co Inc</name>
        <lei>353800XDXIIZDHUO0J51</lei>
        <title>Hokkaido Electric Power Co Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3850200001"/>
          <ticker value="9509"/>
          <other otherDesc="SEDOL" value="6431325"/>
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        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="135.68000000"/>
        <valUSD>54724.35000000</valUSD>
        <pctVal>0.054763214231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Signify NV</name>
        <lei>549300072P3J1X8NZO35</lei>
        <title>Signify NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0011821392"/>
          <ticker value="LIGHT"/>
          <other otherDesc="SEDOL" value="BYY7VY5"/>
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        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>33146.66000000</valUSD>
        <pctVal>0.033170200151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Twin Disc Inc</name>
        <lei>549300FR8EHCY14BLP32</lei>
        <title>Twin Disc Inc</title>
        <cusip>901476101</cusip>
        <identifiers>
          <isin value="US9014761012"/>
          <ticker value="TWIN"/>
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        <balance>30000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>271800.00000000</valUSD>
        <pctVal>0.271993027386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vodafone Group PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
        <cusip>92857W308</cusip>
        <identifiers>
          <isin value="US92857W3088"/>
          <ticker value="VOD"/>
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        <balance>73000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1137340.00000000</valUSD>
        <pctVal>1.138147718054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Freeport-McMoRan Inc</name>
        <lei>549300IRDTHJQ1PVET45</lei>
        <title>Freeport-McMoRan Inc</title>
        <cusip>35671D857</cusip>
        <identifiers>
          <isin value="US35671D8570"/>
          <ticker value="FCX"/>
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        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>146300.00000000</valUSD>
        <pctVal>0.146403899582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AES Corp/The</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES Corp/The</title>
        <cusip>00130H105</cusip>
        <identifiers>
          <isin value="US00130H1059"/>
          <ticker value="AES"/>
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        <balance>121500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2552715.00000000</valUSD>
        <pctVal>2.554527891478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vimeo Inc</name>
        <lei>N/A</lei>
        <title>Vimeo Inc</title>
        <cusip>92719V100</cusip>
        <identifiers>
          <isin value="US92719V1008"/>
          <ticker value="VMEO"/>
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        <balance>800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4816.00000000</valUSD>
        <pctVal>0.004819420235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Anterix Inc</name>
        <lei>549300QIX2QHFGIEQG40</lei>
        <title>Anterix Inc</title>
        <cusip>03676C100</cusip>
        <identifiers>
          <isin value="US03676C1009"/>
          <ticker value="ATEX"/>
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        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>205350.00000000</valUSD>
        <pctVal>0.205495835812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Proximus SADP</name>
        <lei>549300CWRXC5EP004533</lei>
        <title>Proximus SADP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003810273"/>
          <ticker value="PROX"/>
          <other otherDesc="SEDOL" value="B00D9P6"/>
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        <balance>10000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>147394.17000000</valUSD>
        <pctVal>0.147498846642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796T66</cusip>
        <identifiers>
          <isin value="US912796T668"/>
          <other otherDesc="SEDOL" value="BL5DFH2"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1496089.49000000</valUSD>
        <pctVal>1.497151985377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
        <title>Swisscom AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0008742519"/>
          <ticker value="SCMN"/>
          <other otherDesc="SEDOL" value="5533976"/>
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        <balance>1200.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.95465000"/>
        <valUSD>662944.53000000</valUSD>
        <pctVal>0.663415341073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Asset Management In</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>Brookfield Asset Management Inc</title>
        <cusip>112585104</cusip>
        <identifiers>
          <isin value="CA1125851040"/>
          <ticker value="BAM"/>
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        <balance>4500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>200115.00000000</valUSD>
        <pctVal>0.200257118010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyocera Corp</name>
        <lei>N/A</lei>
        <title>Kyocera Corp</title>
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          <isin value="JP3249600002"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Itissalat Al-Maghrib</name>
        <lei>254900LH0G1ZIZ78Y462</lei>
        <title>Itissalat Al-Maghrib</title>
        <cusip>000000000</cusip>
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          <isin value="MA0000011488"/>
          <ticker value="IAM"/>
          <other otherDesc="SEDOL" value="B04SNG6"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fox Corp</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp</title>
        <cusip>35137L204</cusip>
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          <isin value="US35137L2043"/>
          <ticker value="FOX"/>
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        <balance>16000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>475200.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABB Ltd</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CH0012221716"/>
          <ticker value="ABBN"/>
          <other otherDesc="SEDOL" value="7108899"/>
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        <balance>1000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONEOK Inc</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK Inc</title>
        <cusip>682680103</cusip>
        <identifiers>
          <isin value="US6826801036"/>
          <ticker value="OKE"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orascom Investment Holding</name>
        <lei>549300UT4N1DC4S2ZB61</lei>
        <title>Orascom Investment Holding</title>
        <cusip>68555D206</cusip>
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          <isin value="US68555D2062"/>
          <ticker value="OIH"/>
          <other otherDesc="SEDOL" value="B41RYX8"/>
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        <balance>27000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>675.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Endesa SA</name>
        <lei>549300LHK07F2CHV4X31</lei>
        <title>Endesa SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0130670112"/>
          <ticker value="ELE"/>
          <other otherDesc="SEDOL" value="5271782"/>
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        <balance>8500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ameren Corp</name>
        <lei>XRZQ5S7HYJFPHJ78L959</lei>
        <title>Ameren Corp</title>
        <cusip>023608102</cusip>
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          <isin value="US0236081024"/>
          <ticker value="AEE"/>
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        <balance>18500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1671660.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mobile TeleSystems PJSC</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>Mobile TeleSystems PJSC</title>
        <cusip>607409109</cusip>
        <identifiers>
          <isin value="US6074091090"/>
          <ticker value="MBT"/>
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        <balance>6000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3660.00000000</valUSD>
        <pctVal>0.003662599265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BP PLC</name>
        <lei>213800LH1BZH3DI6G760</lei>
        <title>BP PLC</title>
        <cusip>055622104</cusip>
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          <isin value="US0556221044"/>
          <ticker value="BP"/>
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        <balance>15000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>425250.00000000</valUSD>
        <pctVal>0.425552004767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ConocoPhillips</name>
        <lei>WPTL2Z3FIYTHSP5V2253</lei>
        <title>ConocoPhillips</title>
        <cusip>20825C104</cusip>
        <identifiers>
          <isin value="US20825C1045"/>
          <ticker value="COP"/>
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        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>89810.00000000</valUSD>
        <pctVal>0.089873781418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISH Network Corp</name>
        <lei>529900U350CWHH15G169</lei>
        <title>DISH Network Corp</title>
        <cusip>25470M109</cusip>
        <identifiers>
          <isin value="US25470M1099"/>
          <ticker value="DISH"/>
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        <balance>40000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>717200.00000000</valUSD>
        <pctVal>0.717709342315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Entergy Corp</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp</title>
        <cusip>29364G103</cusip>
        <identifiers>
          <isin value="US29364G1031"/>
          <ticker value="ETR"/>
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        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56320.00000000</valUSD>
        <pctVal>0.056359997433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enel Chile SA</name>
        <lei>549300YM5CWCAUVOPB53</lei>
        <title>Enel Chile SA</title>
        <cusip>29278D105</cusip>
        <identifiers>
          <isin value="US29278D1054"/>
          <ticker value="ENIC"/>
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        <balance>28000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31080.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>CL</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Koninklijke KPN NV</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>Koninklijke KPN NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0000009082"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arcosa Inc</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>Arcosa Inc</title>
        <cusip>039653100</cusip>
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          <isin value="US0396531008"/>
          <ticker value="ACA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alliant Energy Corp</name>
        <lei>5493009ML300G373MZ12</lei>
        <title>Alliant Energy Corp</title>
        <cusip>018802108</cusip>
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          <isin value="US0188021085"/>
          <ticker value="LNT"/>
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        <balance>900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52749.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ormat Technologies Inc</name>
        <lei>5493000TSHHWY24VHM09</lei>
        <title>Ormat Technologies Inc</title>
        <cusip>686688102</cusip>
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          <ticker value="ORA"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Pinnacle West Capital Corp</name>
        <lei>TWSEY0NEDUDCKS27AH81</lei>
        <title>Pinnacle West Capital Corp</title>
        <cusip>723484101</cusip>
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          <ticker value="PNW"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Trinity Industries Inc</name>
        <lei>R1JB4KXN77XFCXOQKV49</lei>
        <title>Trinity Industries Inc</title>
        <cusip>896522109</cusip>
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          <isin value="US8965221091"/>
          <ticker value="TRN"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N-able Inc</name>
        <lei>N/A</lei>
        <title>N-able Inc</title>
        <cusip>62878D100</cusip>
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          <isin value="US62878D1000"/>
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        <valUSD>34200.00000000</valUSD>
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      <invstOrSec>
        <name>Credit Suisse Group AG</name>
        <lei>549300506SI9CRFV9Z86</lei>
        <title>Credit Suisse Group AG</title>
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          <isin value="CH0012138530"/>
          <ticker value="CSGN"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>060505104</cusip>
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          <isin value="US0605051046"/>
          <ticker value="BAC"/>
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        <curCd>USD</curCd>
        <valUSD>622600.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABB Ltd</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Ltd</title>
        <cusip>000375204</cusip>
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          <isin value="US0003752047"/>
          <ticker value="ABB"/>
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        <curCd>USD</curCd>
        <valUSD>935550.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Commerzbank AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>Commerzbank AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE000CBK1001"/>
          <ticker value="CBK"/>
          <other otherDesc="SEDOL" value="B90LKT4"/>
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        <balance>55000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NextEra Energy Inc</name>
        <lei>N/A</lei>
        <title>NextEra Energy Inc</title>
        <cusip>65339F101</cusip>
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          <isin value="US65339F1012"/>
          <ticker value="NEE"/>
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        <balance>20400.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1580184.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UGI Corp</name>
        <lei>DX6GCWD4Q1JO9CRE5I40</lei>
        <title>UGI Corp</title>
        <cusip>902681105</cusip>
        <identifiers>
          <isin value="US9026811052"/>
          <ticker value="UGI"/>
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        <balance>21000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>810810.00000000</valUSD>
        <pctVal>0.811385822424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NextEra Energy Partners LP</name>
        <lei>5493008F4ZOQFNG3WN54</lei>
        <title>NextEra Energy Partners LP</title>
        <cusip>65341B106</cusip>
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          <isin value="US65341B1061"/>
          <ticker value="NEP"/>
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        <balance>36814.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2730126.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Liberty Global PLC</name>
        <lei>549300BSGXG3QLIQYT84</lei>
        <title>Liberty Global PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B8W67B19"/>
          <ticker value="LBTYK"/>
          <other otherDesc="SEDOL" value="B8W67B1"/>
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        <balance>44000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>971960.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Acciona SA</name>
        <lei>54930002KP75TLLLNO21</lei>
        <title>Acciona SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0125220311"/>
          <ticker value="ANA"/>
          <other otherDesc="SEDOL" value="5579107"/>
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        <balance>500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Diamondback Energy Inc</name>
        <lei>549300R22LSX6OHWEN64</lei>
        <title>Diamondback Energy Inc</title>
        <cusip>25278X109</cusip>
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          <isin value="US25278X1090"/>
          <ticker value="FANG"/>
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        <balance>2000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242300.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BT Group PLC</name>
        <lei>213800LRO7NS5CYQMN21</lei>
        <title>BT Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0030913577"/>
          <ticker value="BT/A"/>
          <other otherDesc="SEDOL" value="3091357"/>
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        <balance>140000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.82149018"/>
        <valUSD>317496.19000000</valUSD>
        <pctVal>0.317721669983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Electric Power Development Co</name>
        <lei>549300KMHPUAQI8VEH90</lei>
        <title>Electric Power Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3551200003"/>
          <ticker value="9513"/>
          <other otherDesc="SEDOL" value="B02Q328"/>
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        <balance>15000.00000000</balance>
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        <pctVal>0.248259914525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Southwest Gas Holdings Inc</name>
        <lei>N/A</lei>
        <title>Southwest Gas Holdings Inc</title>
        <cusip>844895102</cusip>
        <identifiers>
          <isin value="US8448951025"/>
          <ticker value="SWX"/>
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        <balance>11000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>957880.00000000</valUSD>
        <pctVal>0.958560268846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy Inc</title>
        <cusip>98389B100</cusip>
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          <isin value="US98389B1008"/>
          <ticker value="XEL"/>
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        <balance>18500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1309060.00000000</valUSD>
        <pctVal>1.309989670456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fortis Inc/Canada</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>Fortis Inc/Canada</title>
        <cusip>349553107</cusip>
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          <isin value="CA3495531079"/>
          <ticker value="FTS"/>
          <other otherDesc="SEDOL" value="2347200"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>Kansai Electric Power Co Inc/T</name>
        <lei>353800PFUKP5ONPJNZ86</lei>
        <title>Kansai Electric Power Co Inc/The</title>
        <cusip>000000000</cusip>
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          <isin value="JP3228600007"/>
          <ticker value="9503"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Genting Singapore Ltd</name>
        <lei>254900Y2N3AK93K1O866</lei>
        <title>Genting Singapore Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="GENS"/>
          <other otherDesc="SEDOL" value="BDRTVP2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SG</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Altaba Inc Escrow</name>
        <lei>N/A</lei>
        <title>Altaba Inc Escrow</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="021ESC017"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50500.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NiSource Inc</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource Inc</title>
        <cusip>65473P105</cusip>
        <identifiers>
          <isin value="US65473P1057"/>
          <ticker value="NI"/>
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        <balance>36000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1061640.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Liberty Broadband Corp</name>
        <lei>549300MIX43II8JLN536</lei>
        <title>Liberty Broadband Corp</title>
        <cusip>530307206</cusip>
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          <isin value="US5303072061"/>
          <ticker value="LBRDB"/>
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        <balance>168.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16774.80000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Sensor AG</name>
        <lei>52990036Z3X91Z60TZ27</lei>
        <title>First Sensor AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE0007201907"/>
          <ticker value="SIS"/>
          <other otherDesc="SEDOL" value="5726475"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chesapeake Utilities Corp</name>
        <lei>254900WW0FDCKAOCKE74</lei>
        <title>Chesapeake Utilities Corp</title>
        <cusip>165303108</cusip>
        <identifiers>
          <isin value="US1653031088"/>
          <ticker value="CPK"/>
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        <balance>1500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>194325.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0013654783"/>
          <ticker value="PRX"/>
          <other otherDesc="SEDOL" value="BJDS7L3"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

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      <invstOrSec>
        <name>Telefonica Brasil SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>Telefonica Brasil SA</title>
        <cusip>87936R205</cusip>
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          <isin value="US87936R2058"/>
          <ticker value="VIV"/>
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        <valUSD>122310.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Yakult Honsha Co Ltd</name>
        <lei>353800YJPSPGG7KI0S71</lei>
        <title>Yakult Honsha Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3931600005"/>
          <ticker value="2267"/>
          <other otherDesc="SEDOL" value="6985112"/>
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        <balance>1000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United States Cellular Corp</name>
        <lei>549300B164AZXESI6E03</lei>
        <title>United States Cellular Corp</title>
        <cusip>911684108</cusip>
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          <isin value="US9116841084"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Comcast Corp</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
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          <isin value="US20030N1019"/>
          <ticker value="CMCSA"/>
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        <curCd>USD</curCd>
        <valUSD>627840.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Telephone and Data Systems Inc</name>
        <lei>N/A</lei>
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          <isin value="US8794338298"/>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796M71</cusip>
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          <isin value="US912796M713"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1994090.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-08</maturityDt>
          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cogeco Inc</name>
        <lei>5493000KSZQCX0QM2V25</lei>
        <title>Cogeco Inc</title>
        <cusip>19238T100</cusip>
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          <isin value="CA19238T1003"/>
          <ticker value="CGO"/>
          <other otherDesc="SEDOL" value="2186890"/>
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        <balance>11500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Salvatore Ferragamo SpA</name>
        <lei>5493005GRP0FEE3NRI35</lei>
        <title>Salvatore Ferragamo SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0004712375"/>
          <ticker value="SFER"/>
          <other otherDesc="SEDOL" value="B5VZ053"/>
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        <balance>1500.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
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        <pctVal>0.023123710381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ferrari NV</name>
        <lei>549300RIVY5EX8RCON76</lei>
        <title>Ferrari NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0011585146"/>
          <ticker value="RACE"/>
          <other otherDesc="SEDOL" value="BZ1GMK5"/>
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        <balance>350.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64218.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fortis Inc/Canada</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>Fortis Inc/Canada</title>
        <cusip>349553107</cusip>
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          <isin value="CA3495531079"/>
          <ticker value="FTS"/>
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        <balance>1050.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Atlantica Sustainable Infrastr</name>
        <lei>549300ITBBGKJ651R879</lei>
        <title>Atlantica Sustainable Infrastructure PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BLP5YB54"/>
          <ticker value="AY"/>
          <other otherDesc="SEDOL" value="BLP5YB5"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96780.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CMS Energy Corp</name>
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        <title>CMS Energy Corp</title>
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          <isin value="US1258961002"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vestas Wind Systems A/S</name>
        <lei>549300DYMC8BGZZC8844</lei>
        <title>Vestas Wind Systems A/S</title>
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          <isin value="DK0061539921"/>
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          <other otherDesc="SEDOL" value="BN4MYF5"/>
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        <balance>8500.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Otter Tail Corp</name>
        <lei>N/A</lei>
        <title>Otter Tail Corp</title>
        <cusip>689648103</cusip>
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          <isin value="US6896481032"/>
          <ticker value="OTTR"/>
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        <balance>14000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iberdrola SA</name>
        <lei>5QK37QC7NWOJ8D7WVQ45</lei>
        <title>Iberdrola SA</title>
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          <isin value="ES0144580Y14"/>
          <ticker value="IBE"/>
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        <invCountry>ES</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chubu Electric Power Co Inc</name>
        <lei>529900A76GOP0PGNHT63</lei>
        <title>Chubu Electric Power Co Inc</title>
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          <isin value="JP3526600006"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MGE Energy Inc</name>
        <lei>N/A</lei>
        <title>MGE Energy Inc</title>
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          <ticker value="MGEE"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>EchoStar Corp</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>EchoStar Corp</title>
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          <ticker value="SATS"/>
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      <invstOrSec>
        <name>CNH Industrial NV</name>
        <lei>549300WGC2HZ5J67V817</lei>
        <title>CNH Industrial NV</title>
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      <invstOrSec>
        <name>Flowserve Corp</name>
        <lei>6Y0GK87T6V7NJKZJVM41</lei>
        <title>Flowserve Corp</title>
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        <name>Texas Instruments Inc</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>Texas Instruments Inc</title>
        <cusip>882508104</cusip>
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        <assetCat>EC</assetCat>
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        <name>Sempra Energy</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra Energy</title>
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          <ticker value="SRE"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
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          <ticker value="PBR"/>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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      <invstOrSec>
        <name>American Electric Power Co Inc</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
        <title>American Electric Power Co Inc</title>
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          <ticker value="AEP"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Global Payments Inc</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments Inc</title>
        <cusip>37940X102</cusip>
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          <isin value="US37940X1028"/>
          <ticker value="GPN"/>
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        <valUSD>221280.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Grid PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>National Grid PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BDR05C01"/>
          <ticker value="NG/"/>
          <other otherDesc="SEDOL" value="BDR05C0"/>
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        <balance>101000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kimball Electronics Inc</name>
        <lei>549300COBYN2GZCBIU87</lei>
        <title>Kimball Electronics Inc</title>
        <cusip>49428J109</cusip>
        <identifiers>
          <isin value="US49428J1097"/>
          <ticker value="KE"/>
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        <balance>1500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30150.00000000</valUSD>
        <pctVal>0.030171411978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Naspers Ltd</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>Naspers Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="ZAE000015889"/>
          <ticker value="NPN"/>
          <other otherDesc="SEDOL" value="6622691"/>
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        <balance>1500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DATANG POWER</name>
        <lei>213800VW156IS7SJUL96</lei>
        <title>Datang International Power Generation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002Z3"/>
          <ticker value="991"/>
          <other otherDesc="SEDOL" value="6080716"/>
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        <balance>152000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84680000"/>
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        <pctVal>0.025200123966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Engie SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>Engie SA</title>
        <cusip>29286D105</cusip>
        <identifiers>
          <isin value="US29286D1054"/>
          <ticker value="ENGIY"/>
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        <balance>9800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>112896.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Innergex Renewable Energy Inc</name>
        <lei>549300EORYEC4J59SU80</lei>
        <title>Innergex Renewable Energy Inc</title>
        <cusip>45790B104</cusip>
        <identifiers>
          <isin value="CA45790B1040"/>
          <ticker value="INE"/>
          <other otherDesc="SEDOL" value="B29TNV3"/>
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        <balance>1800.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.28720000"/>
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        <pctVal>0.024209220744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JCDecaux SA</name>
        <lei>9695009KV7AFPDEI5S30</lei>
        <title>JCDecaux SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000077919"/>
          <ticker value="DEC"/>
          <other otherDesc="SEDOL" value="7136663"/>
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        <balance>46000.00000000</balance>
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        <pctVal>0.773286153939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Resona Holdings Inc</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>Resona Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3500610005"/>
          <ticker value="8308"/>
          <other otherDesc="SEDOL" value="6421553"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="135.68000000"/>
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        <pctVal>0.374750031740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shaw Communications Inc</name>
        <lei>549300SCT0RG6178CI40</lei>
        <title>Shaw Communications Inc</title>
        <cusip>82028K200</cusip>
        <identifiers>
          <isin value="CA82028K2002"/>
          <ticker value="SJR/B"/>
          <other otherDesc="SEDOL" value="2801836"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.28720000"/>
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        <pctVal>0.294879869667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Deutsche Telekom AG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>Deutsche Telekom AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005557508"/>
          <ticker value="DTE"/>
          <other otherDesc="SEDOL" value="5842359"/>
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        <balance>44000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
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        <pctVal>0.874216682084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Orascom Financial Holding SAE</name>
        <lei>N/A</lei>
        <title>Orascom Financial Holding SAE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGS696S1C016"/>
          <ticker value="OFH"/>
          <other otherDesc="SEDOL" value="BN6KHR0"/>
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        <balance>135000.00000000</balance>
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        <currencyConditional curCd="EGP" exchangeRt="18.80000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fluence Corp Ltd</name>
        <lei>529900W0WS96MODKXL22</lei>
        <title>Fluence Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000FLC5"/>
          <ticker value="FLC"/>
          <other otherDesc="SEDOL" value="BDBS5F3"/>
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        <balance>40000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44875045"/>
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        <pctVal>0.005387773582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250N105</cusip>
        <identifiers>
          <isin value="CA29250N1050"/>
          <ticker value="ENB"/>
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        <balance>23000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>971980.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Water Service Group</name>
        <lei>529900QABDOBU6UVRQ36</lei>
        <title>California Water Service Group</title>
        <cusip>130788102</cusip>
        <identifiers>
          <isin value="US1307881029"/>
          <ticker value="CWT"/>
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        <balance>5100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283305.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shenandoah Telecommunications</name>
        <lei>549300XH3H4OUKFPHS84</lei>
        <title>Shenandoah Telecommunications Co</title>
        <cusip>82312B106</cusip>
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          <isin value="US82312B1061"/>
          <ticker value="SHEN"/>
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        <balance>12000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266400.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Diebold Nixdorf Inc</name>
        <lei>549300XZK6EWDBAZSY16</lei>
        <title>Diebold Nixdorf Inc</title>
        <cusip>253651103</cusip>
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          <isin value="US2536511031"/>
          <ticker value="DBD"/>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13620.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Givaudan SA</name>
        <lei>213800SVRMQA1TD91D41</lei>
        <title>Givaudan SA</title>
        <cusip>000000000</cusip>
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          <isin value="CH0010645932"/>
          <ticker value="GIVN"/>
          <other otherDesc="SEDOL" value="5980613"/>
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        <balance>550.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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      <invstOrSec>
        <name>Cameco Corp</name>
        <lei>N4BHALMXL3GMZKCUON55</lei>
        <title>Cameco Corp</title>
        <cusip>13321L108</cusip>
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          <isin value="CA13321L1085"/>
          <ticker value="CCJ"/>
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        <balance>12000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252240.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sistema PJSFC</name>
        <lei>213800JSZ2UUK4QQK694</lei>
        <title>Sistema PJSFC</title>
        <cusip>48122U204</cusip>
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          <isin value="US48122U2042"/>
          <ticker value="SSA"/>
          <other otherDesc="SEDOL" value="B05N809"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80000.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>RU</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WideOpenWest Inc</name>
        <lei>549300RM6J2BWWOFU889</lei>
        <title>WideOpenWest Inc</title>
        <cusip>96758W101</cusip>
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          <isin value="US96758W1018"/>
          <ticker value="WOW"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1547850.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Air Products and Chemicals Inc</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>Air Products and Chemicals Inc</title>
        <cusip>009158106</cusip>
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          <isin value="US0091581068"/>
          <ticker value="APD"/>
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        <balance>300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72144.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DTE Energy Co</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE Energy Co</title>
        <cusip>233331107</cusip>
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          <isin value="US2333311072"/>
          <ticker value="DTE"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126750.00000000</valUSD>
        <pctVal>0.126840015530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796S42</cusip>
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          <isin value="US912796S421"/>
          <other otherDesc="SEDOL" value="BPLFC80"/>
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        <balance>10400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10394272.82000000</valUSD>
        <pctVal>10.40165464234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-21</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITV PLC</name>
        <lei>ZLECI7ED2QMWFGYCXZ59</lei>
        <title>ITV PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0033986497"/>
          <ticker value="ITV"/>
          <other otherDesc="SEDOL" value="3398649"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.82149018"/>
        <valUSD>79441.00000000</valUSD>
        <pctVal>0.079497417544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Proto Labs Inc</name>
        <lei>529900QHG5MGWT2WQQ09</lei>
        <title>Proto Labs Inc</title>
        <cusip>743713109</cusip>
        <identifiers>
          <isin value="US7437131094"/>
          <ticker value="PRLB"/>
        </identifiers>
        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23920.00000000</valUSD>
        <pctVal>0.023936987546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEATHERFORD INTERNATIONAL PL</name>
        <lei>529900LPBDSCQDJKHQ39</lei>
        <title>WEATHERFORDINTERNATIONA-CW23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BL3HR700"/>
          <ticker value="WFTUF"/>
          <other otherDesc="SEDOL" value="BL3HR70"/>
        </identifiers>
        <balance>2850.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1026.00000000</valUSD>
        <pctVal>0.001026728646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cia de Saneamento Basico do Es</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>Cia de Saneamento Basico do Estado de Sao Paulo</title>
        <cusip>20441A102</cusip>
        <identifiers>
          <isin value="US20441A1025"/>
          <ticker value="SBS"/>
        </identifiers>
        <balance>2500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19975.00000000</valUSD>
        <pctVal>0.019989185879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telenet Group Holding NV</name>
        <lei>213800FA3K4S56INQI67</lei>
        <title>Telenet Group Holding NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003826436"/>
          <ticker value="TNET"/>
          <other otherDesc="SEDOL" value="B0LKSK4"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>518997.24000000</valUSD>
        <pctVal>0.519365822342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>949746101</cusip>
        <identifiers>
          <isin value="US9497461015"/>
          <ticker value="WFC"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>137095.00000000</valUSD>
        <pctVal>0.137192362360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OGE Energy Corp</name>
        <lei>CE5OG6JPOZMDSA0LAQ19</lei>
        <title>OGE Energy Corp</title>
        <cusip>670837103</cusip>
        <identifiers>
          <isin value="US6708371033"/>
          <ticker value="OGE"/>
        </identifiers>
        <balance>34200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1318752.00000000</valUSD>
        <pctVal>1.319688553537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nestle SA</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
        <title>Nestle SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0038863350"/>
          <ticker value="NESN"/>
          <other otherDesc="SEDOL" value="7123870"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.95465000"/>
        <valUSD>1167338.82000000</valUSD>
        <pctVal>1.168167842667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kinnevik AB</name>
        <lei>2138006PZH76JOS6MN27</lei>
        <title>Kinnevik AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0015810239"/>
          <ticker value="KINVA"/>
          <other otherDesc="SEDOL" value="BNKF5Z5"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.22975000"/>
        <valUSD>148683.99000000</valUSD>
        <pctVal>0.148789582648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ardagh Group SA</name>
        <lei>6354006L1NWUUOPYX274</lei>
        <title>Ardagh Group SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LU1565283667"/>
          <ticker value="ARD"/>
          <other otherDesc="SEDOL" value="BYXR9D1"/>
        </identifiers>
        <balance>46000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>701500.00000000</valUSD>
        <pctVal>0.701998192462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McCormick &amp; Co Inc/MD</name>
        <lei>549300JQQA6MQ4OJP259</lei>
        <title>McCormick &amp; Co Inc/MD</title>
        <cusip>579780206</cusip>
        <identifiers>
          <isin value="US5797802064"/>
          <ticker value="MKC"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>832500.00000000</valUSD>
        <pctVal>0.833091226265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tohoku Electric Power Co Inc</name>
        <lei>353800KTF7EYIIYHY088</lei>
        <title>Tohoku Electric Power Co Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3605400005"/>
          <ticker value="9506"/>
          <other otherDesc="SEDOL" value="6895266"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="135.68000000"/>
        <valUSD>53581.96000000</valUSD>
        <pctVal>0.053620012927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APA Corp</name>
        <lei>N/A</lei>
        <title>APA Corp</title>
        <cusip>03743Q108</cusip>
        <identifiers>
          <isin value="US03743Q1085"/>
          <ticker value="APA"/>
        </identifiers>
        <balance>6000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>209400.00000000</valUSD>
        <pctVal>0.209548712048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xylem Inc/NY</name>
        <lei>549300DF5MV96DRYLQ48</lei>
        <title>Xylem Inc/NY</title>
        <cusip>98419M100</cusip>
        <identifiers>
          <isin value="US98419M1009"/>
          <ticker value="XYL"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>156360.00000000</valUSD>
        <pctVal>0.156471044010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E.ON SE</name>
        <lei>Q9MAIUP40P25UFBFG033</lei>
        <title>E.ON SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000ENAG999"/>
          <ticker value="EOAN"/>
          <other otherDesc="SEDOL" value="4942904"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.95424400"/>
        <valUSD>16783.97000000</valUSD>
        <pctVal>0.016795889668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chugoku Electric Power Co Inc/</name>
        <lei>353800MV866ELME96Q46</lei>
        <title>Chugoku Electric Power Co Inc/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3522200009"/>
          <ticker value="9504"/>
          <other otherDesc="SEDOL" value="6195900"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="135.68000000"/>
        <valUSD>96513.86000000</valUSD>
        <pctVal>0.096582402377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-08-26</ncom:dateSigned>
      <ncom:nameOfApplicant>Gabelli Global Utility &amp; Income Trust</ncom:nameOfApplicant>
      <ncom:signature>John C. Ball</ncom:signature>
      <ncom:signerName>John C. Ball</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
