<SEC-DOCUMENT>0001752724-25-129526.txt : 20250530
<SEC-HEADER>0001752724-25-129526.hdr.sgml : 20250530
<ACCEPTANCE-DATETIME>20250530091129
ACCESSION NUMBER:		0001752724-25-129526
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250331
FILED AS OF DATE:		20250530
DATE AS OF CHANGE:		20250530
PERIOD START:           	20251231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI GLOBAL UTILITY & INCOME TRUST
		CENTRAL INDEX KEY:			0001282957
		ORGANIZATION NAME:           	
		EIN:				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:		251006899

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		9149217728

	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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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-12</maturityDt>
          <couponKind>None</couponKind>
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          <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>BT Group PLC</name>
        <lei>213800LRO7NS5CYQMN21</lei>
        <title>BT Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0030913577"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Black Hills Corp</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>Black Hills Corp</title>
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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>
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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>Ferrari NV</name>
        <lei>549300RIVY5EX8RCON76</lei>
        <title>Ferrari NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0011585146"/>
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        <balance>350.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</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>ONEOK Inc</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK Inc</title>
        <cusip>682680103</cusip>
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          <isin value="US6826801036"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>396880.00000000</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>
        <name>SJW Group</name>
        <lei>N/A</lei>
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        <cusip>784305104</cusip>
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          <isin value="US7843051043"/>
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        <balance>1200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65628.00000000</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>Resona Holdings Inc</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>Resona Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3500610005"/>
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        <balance>100000.00000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NRG Energy Inc</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc</title>
        <cusip>629377508</cusip>
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          <isin value="US6293775085"/>
          <ticker value="NRG"/>
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        <balance>2000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190920.00000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc</title>
        <cusip>25746U109</cusip>
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          <isin value="US25746U1097"/>
          <ticker value="D"/>
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        <balance>9500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>532665.00000000</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>
        <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>23515.00000000</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>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>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>EG</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
        <title>Swisscom AG</title>
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          <isin value="CH0008742519"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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      <invstOrSec>
        <name>United States Cellular Corp</name>
        <lei>549300B164AZXESI6E03</lei>
        <title>United States Cellular Corp</title>
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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>Kyndryl Holdings Inc</name>
        <lei>549300LQ4LWX2R8ZV130</lei>
        <title>Kyndryl Holdings Inc</title>
        <cusip>50155Q100</cusip>
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          <isin value="US50155Q1004"/>
          <ticker value="KD"/>
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        <balance>2100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65940.00000000</valUSD>
        <pctVal>0.068737269857</pctVal>
        <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>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>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>803700.00000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Artesian Resources Corp</name>
        <lei>N/A</lei>
        <title>Artesian Resources Corp</title>
        <cusip>043113208</cusip>
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          <isin value="US0431132085"/>
          <ticker value="ARTNA"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16325.00000000</valUSD>
        <pctVal>0.017017530033</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SK Telecom Co Ltd</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK Telecom Co Ltd</title>
        <cusip>78440P306</cusip>
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          <isin value="US78440P3064"/>
          <ticker value="SKM"/>
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        <balance>5400.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chugoku Electric Power Co Inc/</name>
        <lei>353800MV866ELME96Q46</lei>
        <title>Chugoku Electric Power Co Inc/The</title>
        <cusip>000000000</cusip>
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          <isin value="JP3522200009"/>
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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>7200.00000000</balance>
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        <valUSD>527616.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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      <invstOrSec>
        <name>Twin Disc Inc</name>
        <lei>549300FR8EHCY14BLP32</lei>
        <title>Twin Disc Inc</title>
        <cusip>901476101</cusip>
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          <isin value="US9014761012"/>
          <ticker value="TWIN"/>
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      <invstOrSec>
        <name>Charter Communications Inc</name>
        <lei>0J0XRGZE3PBRFEZ7MV65</lei>
        <title>Charter Communications Inc</title>
        <cusip>16119P108</cusip>
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          <ticker value="CHTR"/>
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        <curCd>USD</curCd>
        <valUSD>73706.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Kinder Morgan Inc</name>
        <lei>549300WR7IX8XE0TBO16</lei>
        <title>Kinder Morgan Inc</title>
        <cusip>49456B101</cusip>
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          <isin value="US49456B1017"/>
          <ticker value="KMI"/>
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        <balance>29000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>827370.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <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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        <balance>17700.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1627515.00000000</valUSD>
        <pctVal>1.696556532485</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>Traton SE</name>
        <lei>529900UIMQRKPFN6SV80</lei>
        <title>Traton SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000TRAT0N7"/>
          <ticker value="8TRA"/>
          <other otherDesc="SEDOL" value="BKF1H51"/>
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        <invCountry>DE</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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        <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>EDP SA</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP SA</title>
        <cusip>268353109</cusip>
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          <isin value="US2683531097"/>
          <ticker value="EDPFY"/>
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        <balance>9000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307170.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>PT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLOBALFOUNDRIES Inc</name>
        <lei>549300BA76VK784VMX48</lei>
        <title>GLOBALFOUNDRIES Inc</title>
        <cusip>000000000</cusip>
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          <isin value="KYG393871085"/>
          <ticker value="GFS"/>
          <other otherDesc="SEDOL" value="BMW7F63"/>
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        <balance>1873.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69132.43000000</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>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>600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38610.00000000</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>Korea Electric Power Corp</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>Korea Electric Power Corp</title>
        <cusip>500631106</cusip>
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          <isin value="US5006311063"/>
          <ticker value="KEP"/>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookfield Corp</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>Brookfield Corp</title>
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          <isin value="CA11271J1075"/>
          <ticker value="BN"/>
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        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UGI Corp</name>
        <lei>DX6GCWD4Q1JO9CRE5I40</lei>
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          <isin value="US9026811052"/>
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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>HK&amp;S HOTELS</name>
        <lei>5299001258RHH99P1A15</lei>
        <title>Hongkong &amp; Shanghai Hotels Ltd/The</title>
        <cusip>000000000</cusip>
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          <isin value="HK0045000319"/>
          <ticker value="45"/>
          <other otherDesc="SEDOL" value="6436386"/>
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        <balance>350000.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Matthews International Corp</name>
        <lei>549300ZVC5O0ATML6U61</lei>
        <title>Matthews International Corp</title>
        <cusip>577128101</cusip>
        <identifiers>
          <isin value="US5771281012"/>
          <ticker value="MATW"/>
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        <balance>22000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>489280.00000000</valUSD>
        <pctVal>0.510035962934</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>Jardine Matheson Holdings Ltd</name>
        <lei>2138009KENVUNWOLPK41</lei>
        <title>Jardine Matheson Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG507361001"/>
          <ticker value="JM"/>
          <other otherDesc="SEDOL" value="6472119"/>
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        <balance>17700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>749772.00000000</valUSD>
        <pctVal>0.781578409092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>10000.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <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>1800.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59706.00000000</valUSD>
        <pctVal>0.062238814590</pctVal>
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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>
        <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>13500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456165.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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      <invstOrSec>
        <name>AT&amp;T Inc</name>
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        <title>AT&amp;T Inc</title>
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          <ticker value="T"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113120.00000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>AZZ Inc</name>
        <lei>549300HD1X2NFLWPYC83</lei>
        <title>AZZ Inc</title>
        <cusip>002474104</cusip>
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          <isin value="US0024741045"/>
          <ticker value="AZZ"/>
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        <balance>23800.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1989918.00000000</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>Rogers Communications Inc</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>Rogers Communications Inc</title>
        <cusip>775109200</cusip>
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          <isin value="CA7751092007"/>
          <ticker value="RCI"/>
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        <balance>42000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1122660.00000000</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>AES Corp/The</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES Corp/The</title>
        <cusip>00130H105</cusip>
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          <isin value="US00130H1059"/>
          <ticker value="AES"/>
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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>138270.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Verbund AG</name>
        <lei>5299006UDSEJCTTEJS30</lei>
        <title>Verbund AG</title>
        <cusip>000000000</cusip>
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          <isin value="AT0000746409"/>
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          <other otherDesc="SEDOL" value="4661607"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AT</invCountry>
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      <invstOrSec>
        <name>Vistra Corp</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp</title>
        <cusip>92840M102</cusip>
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          <isin value="US92840M1027"/>
          <ticker value="VST"/>
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        <valUSD>422784.00000000</valUSD>
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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>1800.00000000</balance>
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        <valUSD>287784.00000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Sony Group Corp</name>
        <lei>529900R5WX9N2OI2N910</lei>
        <title>Sony Group Corp</title>
        <cusip>835699307</cusip>
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          <isin value="US8356993076"/>
          <ticker value="SONY"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2665950.00000000</valUSD>
        <pctVal>2.779043442168</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Algonquin Power &amp; Utilities Co</name>
        <lei>549300K5VIUTJXQL7X75</lei>
        <title>Algonquin Power &amp; Utilities Corp</title>
        <cusip>015857105</cusip>
        <identifiers>
          <isin value="CA0158571053"/>
          <ticker value="AQN"/>
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        <balance>153500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>788990.00000000</valUSD>
        <pctVal>0.822460093188</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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      </invstOrSec>
      <invstOrSec>
        <name>Commerzbank AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>Commerzbank AG</title>
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          <isin value="DE000CBK1001"/>
          <ticker value="CBK"/>
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        <balance>55000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <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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        <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>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"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>15009.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pernod Ricard SA</name>
        <lei>52990097YFPX9J0H5D87</lei>
        <title>Pernod Ricard SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000120693"/>
          <ticker value="RI"/>
          <other otherDesc="SEDOL" value="4682329"/>
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        <balance>2000.00000000</balance>
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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>
      <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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        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>61841.71000000</valUSD>
        <pctVal>0.064465124487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Spire Inc</name>
        <lei>549300NXSY15DRY2R511</lei>
        <title>Spire Inc</title>
        <cusip>84857L101</cusip>
        <identifiers>
          <isin value="US84857L1017"/>
          <ticker value="SR"/>
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        <balance>2000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>156500.00000000</valUSD>
        <pctVal>0.163138955606</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>Shikoku Electric Power Co Inc</name>
        <lei>353800KWK6U7ZCIWXS64</lei>
        <title>Shikoku Electric Power Co Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3350800003"/>
          <ticker value="9507"/>
          <other otherDesc="SEDOL" value="6804347"/>
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        <balance>12000.00000000</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>
        <name>Millicom International Cellula</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>Millicom International Cellular SA</title>
        <cusip>000000000</cusip>
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          <isin value="LU0038705702"/>
          <ticker value="TIGO"/>
          <other otherDesc="SEDOL" value="2418128"/>
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        <curCd>USD</curCd>
        <valUSD>983775.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</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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        <balance>1200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92544.00000000</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>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>71654V408</cusip>
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          <isin value="US71654V4086"/>
          <ticker value="PBR"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143400.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Middlesex Water Co</name>
        <lei>N/A</lei>
        <title>Middlesex Water Co</title>
        <cusip>596680108</cusip>
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          <isin value="US5966801087"/>
          <ticker value="MSEX"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64100.00000000</valUSD>
        <pctVal>0.066819214404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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>350.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191201.50000000</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>Orascom Financial Holding SAE</name>
        <lei>N/A</lei>
        <title>Orascom Financial Holding SAE</title>
        <cusip>000000000</cusip>
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          <isin value="EGS696S1C016"/>
          <ticker value="OFH"/>
          <other otherDesc="SEDOL" value="BN6KHR0"/>
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        <balance>135000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>EG</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PPL Corp</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
        <title>PPL Corp</title>
        <cusip>69351T106</cusip>
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          <isin value="US69351T1060"/>
          <ticker value="PPL"/>
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        <balance>9900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>357489.00000000</valUSD>
        <pctVal>0.372654198727</pctVal>
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        <assetCat>EC</assetCat>
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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>
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          <isin value="US912797NV50"/>
          <other otherDesc="SEDOL" value="BRBYPQ0"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113928.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>Prosus NV</name>
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          <isin value="NL0013654783"/>
          <ticker value="PRX"/>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

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      <invstOrSec>
        <name>TELUS Corp</name>
        <lei>L2TEUTQ8OSHMJWVLCE40</lei>
        <title>TELUS Corp</title>
        <cusip>87971M103</cusip>
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          <isin value="CA87971M1032"/>
          <ticker value="T"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telephone and Data Systems Inc</name>
        <lei>N/A</lei>
        <title>Telephone and Data Systems Inc</title>
        <cusip>879433829</cusip>
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          <isin value="US8794338298"/>
          <ticker value="TDS"/>
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        <curCd>USD</curCd>
        <valUSD>581100.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MDU Resources Group Inc</name>
        <lei>N/A</lei>
        <title>MDU Resources Group Inc</title>
        <cusip>552690109</cusip>
        <identifiers>
          <isin value="US5526901096"/>
          <ticker value="MDU"/>
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        <balance>12500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>211375.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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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>15250.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Corning Inc</name>
        <lei>549300X2937PB0CJ7I56</lei>
        <title>Corning Inc</title>
        <cusip>219350105</cusip>
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          <isin value="US2193501051"/>
          <ticker value="GLW"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22890.00000000</valUSD>
        <pctVal>0.023861026797</pctVal>
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        <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>Brookfield Renewable Corp</name>
        <lei>894500N9AWD5I1YNP231</lei>
        <title>Brookfield Renewable Corp</title>
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          <isin value="CA11285B1085"/>
          <ticker value="BEPC"/>
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        <curCd>USD</curCd>
        <valUSD>20940.00000000</valUSD>
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        <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>Gulf Coast Ultra Deep Royalty</name>
        <lei>549300LVVWU3NPP3DF95</lei>
        <title>Gulf Coast Ultra Deep Royalty Trust</title>
        <cusip>40222T104</cusip>
        <identifiers>
          <isin value="US40222T1043"/>
          <ticker value="GULTU"/>
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        <balance>380000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9500.00000000</valUSD>
        <pctVal>0.009903003694</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>Kikkoman Corp</name>
        <lei>529900T9K5UH9HXOND47</lei>
        <title>Kikkoman Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3240400006"/>
          <ticker value="2801"/>
          <other otherDesc="SEDOL" value="6490809"/>
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        <balance>20000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="149.99000000"/>
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        <pctVal>0.200297256251</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>APA Corp</name>
        <lei>549300VCIWLRHYVSHC79</lei>
        <title>APA Corp</title>
        <cusip>03743Q108</cusip>
        <identifiers>
          <isin value="US03743Q1085"/>
          <ticker value="APA"/>
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        <balance>6800.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142936.00000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PG&amp;E Corp</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E Corp</title>
        <cusip>69331C108</cusip>
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          <isin value="US69331C1080"/>
          <ticker value="PCG"/>
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        <balance>14500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249110.00000000</valUSD>
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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>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>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>21561.12000000</valUSD>
        <pctVal>0.022475773792</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>
        <name>Liberty Global Ltd</name>
        <lei>213800HRMKKTYH7SKA24</lei>
        <title>Liberty Global Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG611881019"/>
          <ticker value="LBTYA"/>
          <other otherDesc="SEDOL" value="BS71B31"/>
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        <balance>31000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>356810.00000000</valUSD>
        <pctVal>0.371946394568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</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>MGE Energy Inc</name>
        <lei>N/A</lei>
        <title>MGE Energy Inc</title>
        <cusip>55277P104</cusip>
        <identifiers>
          <isin value="US55277P1049"/>
          <ticker value="MGEE"/>
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        <balance>7200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>669312.00000000</valUSD>
        <pctVal>0.697705179903</pctVal>
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        <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>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>115000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1077550.00000000</valUSD>
        <pctVal>1.123261224369</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>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"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>823100.00000000</valUSD>
        <pctVal>0.858017088560</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>OGE Energy Corp</name>
        <lei>CE5OG6JPOZMDSA0LAQ19</lei>
        <title>OGE Energy Corp</title>
        <cusip>670837103</cusip>
        <identifiers>
          <isin value="US6708371033"/>
          <ticker value="OGE"/>
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        <balance>34000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1562640.00000000</valUSD>
        <pctVal>1.628929441463</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>PrairieSky Royalty Ltd</name>
        <lei>529900AXG582AP7CV733</lei>
        <title>PrairieSky Royalty Ltd</title>
        <cusip>739721108</cusip>
        <identifiers>
          <isin value="CA7397211086"/>
          <ticker value="PSK"/>
          <other otherDesc="SEDOL" value="BN320L4"/>
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        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.43905000"/>
        <valUSD>288523.68000000</valUSD>
        <pctVal>0.300763270434</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>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>949746101</cusip>
        <identifiers>
          <isin value="US9497461015"/>
          <ticker value="WFC"/>
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        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35895.00000000</valUSD>
        <pctVal>0.037417717645</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>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>700.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.89965000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Koninklijke KPN NV</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>Koninklijke KPN NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0000009082"/>
          <ticker value="KPN"/>
          <other otherDesc="SEDOL" value="5956078"/>
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        <balance>445000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>1884776.18000000</valUSD>
        <pctVal>1.964731102602</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>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <isin value="US92343V1044"/>
          <ticker value="VZ"/>
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        <balance>10200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>462672.00000000</valUSD>
        <pctVal>0.482299213216</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>Grupo Televisa SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
        <cusip>40049J206</cusip>
        <identifiers>
          <isin value="US40049J2069"/>
          <ticker value="TV"/>
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        <balance>180000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>315000.00000000</valUSD>
        <pctVal>0.328362754096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Telefonica Brasil SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>Telefonica Brasil SA</title>
        <cusip>87936R205</cusip>
        <identifiers>
          <isin value="US87936R2058"/>
          <ticker value="VIV"/>
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        <balance>17000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148240.00000000</valUSD>
        <pctVal>0.154528554499</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>
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      <invstOrSec>
        <name>Motorola Solutions Inc</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>Motorola Solutions Inc</title>
        <cusip>620076307</cusip>
        <identifiers>
          <isin value="US6200763075"/>
          <ticker value="MSI"/>
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        <balance>100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43781.00000000</valUSD>
        <pctVal>0.045638253133</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>Fomento Economico Mexicano SAB</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
        <cusip>344419106</cusip>
        <identifiers>
          <isin value="US3444191064"/>
          <ticker value="FMX"/>
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        <balance>5400.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>526932.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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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>57500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4553425.00000000</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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      </invstOrSec>
      <invstOrSec>
        <name>SDCL EDGE ACQUISITION CORP-A</name>
        <lei>N/A</lei>
        <title>SDCL EDGE Acquisition Corp</title>
        <cusip>000000000</cusip>
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          <isin value="KYG794711278"/>
          <ticker value="SEDA/WS"/>
          <other otherDesc="SEDOL" value="BN2ZTH3"/>
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        <balance>1250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37.50000000</valUSD>
        <pctVal>0.000039090804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fortis Inc/Canada</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>Fortis Inc/Canada</title>
        <cusip>349553107</cusip>
        <identifiers>
          <isin value="CA3495531079"/>
          <ticker value="FTS"/>
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        <balance>650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29627.00000000</valUSD>
        <pctVal>0.030883820049</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>Sempra</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra</title>
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          <isin value="US8168511090"/>
          <ticker value="SRE"/>
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        <balance>700.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49952.00000000</valUSD>
        <pctVal>0.052071035849</pctVal>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <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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        <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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chesapeake Utilities Corp</name>
        <lei>254900WW0FDCKAOCKE74</lei>
        <title>Chesapeake Utilities Corp</title>
        <cusip>165303108</cusip>
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          <isin value="US1653031088"/>
          <ticker value="CPK"/>
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        <balance>1300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166959.00000000</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>
        </securityLending>
      </invstOrSec>
      <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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        <balance>11000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
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        <pctVal>0.092991550143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Duke Energy Corp</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp</title>
        <cusip>26441C204</cusip>
        <identifiers>
          <isin value="US26441C2044"/>
          <ticker value="DUK"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1219700.00000000</valUSD>
        <pctVal>1.271441432289</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>AAR Corp</name>
        <lei>MP76T5YQX3YK5VVAQ802</lei>
        <title>AAR Corp</title>
        <cusip>000361105</cusip>
        <identifiers>
          <isin value="US0003611052"/>
          <ticker value="AIR"/>
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        <balance>9200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>515108.00000000</valUSD>
        <pctVal>0.536959623927</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>General Electric Co</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>General Electric Co</title>
        <cusip>369604301</cusip>
        <identifiers>
          <isin value="US3696043013"/>
          <ticker value="GE"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>600450.00000000</valUSD>
        <pctVal>0.625921954594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
      <invstOrSec>
        <name>Freeport-McMoRan Inc</name>
        <lei>549300IRDTHJQ1PVET45</lei>
        <title>Freeport-McMoRan Inc</title>
        <cusip>35671D857</cusip>
        <identifiers>
          <isin value="US35671D8570"/>
          <ticker value="FCX"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>548970.00000000</valUSD>
        <pctVal>0.572258098781</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>
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          <isin value="CH0038863350"/>
          <ticker value="NESN"/>
          <other otherDesc="SEDOL" value="7123870"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88470000"/>
        <valUSD>1009833.84000000</valUSD>
        <pctVal>1.052672447244</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>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"/>
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        <balance>75000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.77414360"/>
        <valUSD>76390.87000000</valUSD>
        <pctVal>0.079631480828</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>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>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.77414360"/>
        <valUSD>455955.46000000</valUSD>
        <pctVal>0.475297747907</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>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy</title>
        <cusip>30040W108</cusip>
        <identifiers>
          <isin value="US30040W1080"/>
          <ticker value="ES"/>
        </identifiers>
        <balance>17800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1105558.00000000</valUSD>
        <pctVal>1.152457364105</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>Deutsche Telekom AG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>Deutsche Telekom AG</title>
        <cusip>251566105</cusip>
        <identifiers>
          <isin value="US2515661054"/>
          <ticker value="DTEGY"/>
        </identifiers>
        <balance>52200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1935054.00000000</valUSD>
        <pctVal>2.017141780206</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>
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      </invstOrSec>
      <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>105020.00000000</valUSD>
        <pctVal>0.109475099794</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>Davide Campari-Milano NV</name>
        <lei>213800ED5AN2J56N6Z02</lei>
        <title>Davide Campari-Milano NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015435975"/>
          <ticker value="CPR"/>
          <other otherDesc="SEDOL" value="BMQ5W17"/>
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        <balance>35000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>204895.54000000</valUSD>
        <pctVal>0.213587504179</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>ONE Gas Inc</name>
        <lei>549300HXDWI0LATTX840</lei>
        <title>ONE Gas Inc</title>
        <cusip>68235P108</cusip>
        <identifiers>
          <isin value="US68235P1084"/>
          <ticker value="OGS"/>
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        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75590.00000000</valUSD>
        <pctVal>0.078796636768</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>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA</title>
        <cusip>26874R108</cusip>
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          <isin value="US26874R1086"/>
          <ticker value="E"/>
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        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>216510.00000000</valUSD>
        <pctVal>0.225694666315</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>Fluence Corp Ltd</name>
        <lei>529900W0WS96MODKXL22</lei>
        <title>Fluence Corp Ltd</title>
        <cusip>000000000</cusip>
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          <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="1.60038409"/>
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        <pctVal>0.001485096130</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>Essity AB</name>
        <lei>549300G8E6YUVJ1DA153</lei>
        <title>Essity AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0009922164"/>
          <ticker value="ESSITYB"/>
          <other otherDesc="SEDOL" value="BF1K7P7"/>
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        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.05180000"/>
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        <pctVal>0.443960901923</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Essential Utilities Inc</name>
        <lei>549300ILTEOF3E3QY357</lei>
        <title>Essential Utilities Inc</title>
        <cusip>29670G102</cusip>
        <identifiers>
          <isin value="US29670G1022"/>
          <ticker value="WTRG"/>
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        <balance>6500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>256945.00000000</valUSD>
        <pctVal>0.267844977305</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>CRH PLC</name>
        <lei>549300MIDJNNTH068E74</lei>
        <title>CRH PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE0001827041"/>
          <ticker value="CRH"/>
          <other otherDesc="SEDOL" value="B01ZKD6"/>
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        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>87970.00000000</valUSD>
        <pctVal>0.091701814215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Salvatore Ferragamo SpA</name>
        <lei>5493005GRP0FEE3NRI35</lei>
        <title>Salvatore Ferragamo SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0004712375"/>
          <ticker value="SFER"/>
          <other otherDesc="SEDOL" value="B5VZ053"/>
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        <balance>3000.00000000</balance>
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        <valUSD>20112.18000000</valUSD>
        <pctVal>0.020965367668</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>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp</title>
        <cusip>674599162</cusip>
        <identifiers>
          <isin value="US6745991629"/>
          <ticker value="OXY/WS"/>
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        <balance>1500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>41505.00000000</valUSD>
        <pctVal>0.043265701932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Atmos Energy Corp</name>
        <lei>QVLWEGTD2S8GJMO8D383</lei>
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          <isin value="US0495601058"/>
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      <invstOrSec>
        <name>Linde PLC</name>
        <lei>5299003QR1WT0EF88V51</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Dell Technologies Inc</name>
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        <title>Dell Technologies Inc</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Heineken NV</name>
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        <title>Heineken NV</title>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Landis+Gyr Group AG</name>
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          <isin value="CH0371153492"/>
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        <invCountry>CH</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telecom Italia SpA/Milano</name>
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          <isin value="IT0003497168"/>
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        <invCountry>IT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DATANG POWER</name>
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        <title>Datang International Power Generation Co Ltd</title>
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          <isin value="CNE1000002Z3"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NextEra Energy Inc</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Northwestern Energy Group Inc</name>
        <lei>254900N1WG46G1VMDM34</lei>
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        <name>Orange Belgium SA</name>
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        <invCountry>BE</invCountry>
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        <name>Kimball Electronics Inc</name>
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          <ticker value="KE"/>
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        <name>Orange SA</name>
        <lei>969500MCOONR8990S771</lei>
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        <name>Flowserve Corp</name>
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        <name>Maple Leaf Foods Inc</name>
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        <name>Universal Display Corp</name>
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        <name>Everus Construction Group Inc</name>
        <lei>N/A</lei>
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        <name>Engie SA</name>
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        <name>Telekom Austria AG</name>
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        <name>Badger Meter Inc</name>
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        <name>RWE AG</name>
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        <name>ALLETE Inc</name>
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        <name>E.ON SE</name>
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        <name>Electric Power Development Co</name>
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        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </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"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ABB Ltd</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Ltd</title>
        <cusip>000375204</cusip>
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          <isin value="US0003752047"/>
          <ticker value="ABBNY"/>
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        <balance>27200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1418208.00000000</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>Hera SpA</name>
        <lei>8156009414FD99443B48</lei>
        <title>Hera SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0001250932"/>
          <ticker value="HER"/>
          <other otherDesc="SEDOL" value="7598003"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Unitil Corp</name>
        <lei>N/A</lei>
        <title>Unitil Corp</title>
        <cusip>913259107</cusip>
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          <isin value="US9132591077"/>
          <ticker value="UTL"/>
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        <balance>5500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>317295.00000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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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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        <balance>3200.00000000</balance>
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        <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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      <invstOrSec>
        <name>Chocoladefabriken Lindt &amp; Spru</name>
        <lei>529900JYJNNOKKAGK736</lei>
        <title>Chocoladefabriken Lindt &amp; Spruengli AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH0010570767"/>
          <ticker value="LISP"/>
          <other otherDesc="SEDOL" value="5962280"/>
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        <balance>100.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.88470000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <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>
        <cusip>000000000</cusip>
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          <isin value="DK0061539921"/>
          <ticker value="VWS"/>
          <other otherDesc="SEDOL" value="BN4MYF5"/>
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        <balance>5500.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.89965000"/>
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        <pctVal>0.078874516074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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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          <isin value="US7365088472"/>
          <ticker value="POR"/>
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        <balance>39500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1761700.00000000</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>
        <name>Ameren Corp</name>
        <lei>XRZQ5S7HYJFPHJ78L959</lei>
        <title>Ameren Corp</title>
        <cusip>023608102</cusip>
        <identifiers>
          <isin value="US0236081024"/>
          <ticker value="AEE"/>
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        <balance>17000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1706800.00000000</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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      <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>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1443240.00000000</valUSD>
        <pctVal>1.504464321339</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>
        <name>XPLR Infrastructure LP</name>
        <lei>5493008F4ZOQFNG3WN54</lei>
        <title>XPLR Infrastructure LP</title>
        <cusip>65341B106</cusip>
        <identifiers>
          <isin value="US65341B1061"/>
          <ticker value="XIFR"/>
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        <balance>17250.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>163875.00000000</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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      <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>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242300.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <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"/>
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        <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>Proto Labs Inc</name>
        <lei>529900QHG5MGWT2WQQ09</lei>
        <title>Proto Labs Inc</title>
        <cusip>743713109</cusip>
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          <isin value="US7437131094"/>
          <ticker value="PRLB"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35040.00000000</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>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>28000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174160.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
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      <invstOrSec>
        <name>Kyocera Corp</name>
        <lei>N/A</lei>
        <title>Kyocera Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3249600002"/>
          <ticker value="6971"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>T-Mobile US Inc</name>
        <lei>549300QHIJYOHPACPG31</lei>
        <title>T-Mobile US Inc</title>
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          <isin value="US8725901040"/>
          <ticker value="TMUS"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Remy Cointreau SA</name>
        <lei>5493004V6A3Z027YT216</lei>
        <title>Remy Cointreau SA</title>
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          <isin value="FR0000130395"/>
          <ticker value="RCO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc</title>
        <cusip>11135F101</cusip>
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          <ticker value="AVGO"/>
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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>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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        <curCd>USD</curCd>
        <valUSD>1274220.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Avista Corp</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>Avista Corp</title>
        <cusip>05379B107</cusip>
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          <isin value="US05379B1070"/>
          <ticker value="AVA"/>
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        <balance>21500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>900205.00000000</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>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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        <balance>17000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477020.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDP SA</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PTEDP0AM0009"/>
          <ticker value="EDP"/>
          <other otherDesc="SEDOL" value="4103596"/>
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        <balance>17615.00000000</balance>
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        <valUSD>59274.57000000</valUSD>
        <pctVal>0.061789082708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CenterPoint Energy Inc</name>
        <lei>21TPXMRRHFKOBHDC8J74</lei>
        <title>CenterPoint Energy Inc</title>
        <cusip>15189T107</cusip>
        <identifiers>
          <isin value="US15189T1079"/>
          <ticker value="CNP"/>
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        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18115.00000000</valUSD>
        <pctVal>0.018883464414</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rogers Corp</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
        <title>Rogers Corp</title>
        <cusip>775133101</cusip>
        <identifiers>
          <isin value="US7751331015"/>
          <ticker value="ROG"/>
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        <balance>2000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>135060.00000000</valUSD>
        <pctVal>0.140789439899</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>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>25000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
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        <pctVal>0.964294195735</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>
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      </invstOrSec>
      <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>17000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>125457.83000000</valUSD>
        <pctVal>0.130779932005</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>E.ON SE</name>
        <lei>Q9MAIUP40P25UFBFG033</lei>
        <title>E.ON SE</title>
        <cusip>268780103</cusip>
        <identifiers>
          <isin value="US2687801033"/>
          <ticker value="EONGY"/>
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        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>212135.00000000</valUSD>
        <pctVal>0.221134072508</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Naspers Ltd</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>Naspers Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000325783"/>
          <ticker value="NPN"/>
          <other otherDesc="SEDOL" value="BN0VX82"/>
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        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.33500000"/>
        <valUSD>369620.94000000</valUSD>
        <pctVal>0.385300793111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>13200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1438536.00000000</valUSD>
        <pctVal>1.499560770878</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>Knife River Corp</name>
        <lei>N/A</lei>
        <title>Knife River Corp</title>
        <cusip>498894104</cusip>
        <identifiers>
          <isin value="US4988941047"/>
          <ticker value="KNF"/>
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        <balance>2500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>225525.00000000</valUSD>
        <pctVal>0.235092095611</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>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>6472.00000000</valUSD>
        <pctVal>0.006746551569</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>National Grid PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>National Grid PLC</title>
        <cusip>636274409</cusip>
        <identifiers>
          <isin value="US6362744095"/>
          <ticker value="NGG"/>
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        <balance>3500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>229635.00000000</valUSD>
        <pctVal>0.239376447736</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>Texas Instruments Inc</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>Texas Instruments Inc</title>
        <cusip>882508104</cusip>
        <identifiers>
          <isin value="US8825081040"/>
          <ticker value="TXN"/>
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        <balance>50.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8985.00000000</valUSD>
        <pctVal>0.009366156652</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>Hokuriku Electric Power Co</name>
        <lei>353800Z4ZNGBULYR8W57</lei>
        <title>Hokuriku Electric Power Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3845400005"/>
          <ticker value="9505"/>
          <other otherDesc="SEDOL" value="6433127"/>
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        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="149.99000000"/>
        <valUSD>111220.75000000</valUSD>
        <pctVal>0.115938894548</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>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>7560.00000000</valUSD>
        <pctVal>0.007880706098</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>Genting Singapore Ltd</name>
        <lei>254900Y2N3AK93K1O866</lei>
        <title>Genting Singapore Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SGXE21576413"/>
          <ticker value="GENS"/>
          <other otherDesc="SEDOL" value="BDRTVP2"/>
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        <balance>150000.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.34355000"/>
        <valUSD>83733.39000000</valUSD>
        <pctVal>0.087285481111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kinnevik AB</name>
        <lei>2138006PZH76JOS6MN27</lei>
        <title>Kinnevik AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0022060513"/>
          <ticker value="KINVA"/>
          <other otherDesc="SEDOL" value="BRDY7L7"/>
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        <balance>2500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.05180000"/>
        <valUSD>18454.41000000</valUSD>
        <pctVal>0.019237272675</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>
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      <invstOrSec>
        <name>America Movil SAB de CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>America Movil SAB de CV</title>
        <cusip>02390A101</cusip>
        <identifiers>
          <isin value="US02390A1016"/>
          <ticker value="AMX"/>
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        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42660.00000000</valUSD>
        <pctVal>0.044469698697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TXNM Energy Inc</name>
        <lei>5493003JOBJGLZSDDQ28</lei>
        <title>TXNM Energy Inc</title>
        <cusip>69349H107</cusip>
        <identifiers>
          <isin value="US69349H1077"/>
          <ticker value="TXNM"/>
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        <balance>25000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1337000.00000000</valUSD>
        <pctVal>1.393717467386</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>Advanced Micro Devices Inc</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>Advanced Micro Devices Inc</title>
        <cusip>007903107</cusip>
        <identifiers>
          <isin value="US0079031078"/>
          <ticker value="AMD"/>
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        <balance>1500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>154110.00000000</valUSD>
        <pctVal>0.160647568361</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>RGC Resources Inc</name>
        <lei>N/A</lei>
        <title>RGC Resources Inc</title>
        <cusip>74955L103</cusip>
        <identifiers>
          <isin value="US74955L1035"/>
          <ticker value="RGCO"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>208700.00000000</valUSD>
        <pctVal>0.217553354856</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>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>48240.00000000</valUSD>
        <pctVal>0.050286410341</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>American Electric Power Co Inc</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
        <title>American Electric Power Co Inc</title>
        <cusip>025537101</cusip>
        <identifiers>
          <isin value="US0255371017"/>
          <ticker value="AEP"/>
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        <balance>19700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2152619.00000000</valUSD>
        <pctVal>2.243936201142</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>Snam SpA</name>
        <lei>8156002278562044AF79</lei>
        <title>Snam SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003153415"/>
          <ticker value="SRG"/>
          <other otherDesc="SEDOL" value="7251470"/>
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        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>414786.68000000</valUSD>
        <pctVal>0.432382528911</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>
        </securityLending>
      </invstOrSec>
      <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>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1019130.00000000</valUSD>
        <pctVal>1.062362963752</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>BCE Inc</name>
        <lei>5493001I9203PRB5KR45</lei>
        <title>BCE Inc</title>
        <cusip>05534B760</cusip>
        <identifiers>
          <isin value="CA05534B7604"/>
          <ticker value="BCE"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>734720.00000000</valUSD>
        <pctVal>0.765887881554</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>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"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.77414360"/>
        <valUSD>967520.75000000</valUSD>
        <pctVal>1.008564374969</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>HUANENG POWER</name>
        <lei>529900WU0SMVKMPG4V21</lei>
        <title>Huaneng Power International Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006Z4"/>
          <ticker value="902"/>
          <other otherDesc="SEDOL" value="6099671"/>
        </identifiers>
        <balance>560000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78145000"/>
        <valUSD>324566.76000000</valUSD>
        <pctVal>0.338335349846</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>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"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>3438.53000000</valUSD>
        <pctVal>0.003584397399</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>
        </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>16000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1103200.00000000</valUSD>
        <pctVal>1.149999334346</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>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>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>361500.00000000</valUSD>
        <pctVal>0.376835351129</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>Warner Bros Discovery Inc</name>
        <lei>5493006ZCRFWKF6B1K26</lei>
        <title>Warner Bros Discovery Inc</title>
        <cusip>934423104</cusip>
        <identifiers>
          <isin value="US9344231041"/>
          <ticker value="WBD"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>107300.00000000</valUSD>
        <pctVal>0.111851820681</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>AllianceBernstein Holding LP</name>
        <lei>N/A</lei>
        <title>AllianceBernstein Holding LP</title>
        <cusip>01881G106</cusip>
        <identifiers>
          <isin value="US01881G1067"/>
          <ticker value="AB"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>191550.00000000</valUSD>
        <pctVal>0.199675827133</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>Pfizer Inc</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer Inc</title>
        <cusip>717081103</cusip>
        <identifiers>
          <isin value="US7170811035"/>
          <ticker value="PFE"/>
        </identifiers>
        <balance>27200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>689248.00000000</valUSD>
        <pctVal>0.718486893763</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>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"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>612500.00000000</valUSD>
        <pctVal>0.638483132965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>A2A SpA</name>
        <lei>81560076E3944316DB24</lei>
        <title>A2A SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0001233417"/>
          <ticker value="A2A"/>
          <other otherDesc="SEDOL" value="5499131"/>
        </identifiers>
        <balance>140000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>336824.95000000</valUSD>
        <pctVal>0.351113549937</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Redeia Corp SA</name>
        <lei>5493009HMD0C90GUV498</lei>
        <title>Redeia Corp SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0173093024"/>
          <ticker value="RED"/>
          <other otherDesc="SEDOL" value="BD6FXN3"/>
        </identifiers>
        <balance>18000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>361240.70000000</valUSD>
        <pctVal>0.376565051249</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>Telefonica SA</name>
        <lei>549300EEJH4FEPDBBR25</lei>
        <title>Telefonica SA</title>
        <cusip>879382208</cusip>
        <identifiers>
          <isin value="US8793822086"/>
          <ticker value="TEF"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>372800.00000000</valUSD>
        <pctVal>0.388614713419</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>Entergy Corp</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp</title>
        <cusip>29364G103</cusip>
        <identifiers>
          <isin value="US29364G1031"/>
          <ticker value="ETR"/>
        </identifiers>
        <balance>650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>55568.50000000</valUSD>
        <pctVal>0.057925795876</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>Vimeo Inc</name>
        <lei>25490061AWYWC90UIJ68</lei>
        <title>Vimeo Inc</title>
        <cusip>92719V100</cusip>
        <identifiers>
          <isin value="US92719V1008"/>
          <ticker value="VMEO"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8416.00000000</valUSD>
        <pctVal>0.008773018852</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>61710.00000000</valUSD>
        <pctVal>0.064327827159</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>Fortis Inc/Canada</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>Fortis Inc/Canada</title>
        <cusip>349553107</cusip>
        <identifiers>
          <isin value="CA3495531079"/>
          <ticker value="FTS"/>
          <other otherDesc="SEDOL" value="2347200"/>
        </identifiers>
        <balance>9500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.43905000"/>
        <valUSD>432733.40000000</valUSD>
        <pctVal>0.451090574645</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>N-able Inc/US</name>
        <lei>N/A</lei>
        <title>N-able Inc/US</title>
        <cusip>62878D100</cusip>
        <identifiers>
          <isin value="US62878D1000"/>
          <ticker value="NABL"/>
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        <balance>3800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26942.00000000</valUSD>
        <pctVal>0.028084918478</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>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="0.92481272"/>
        <valUSD>114790.81000000</valUSD>
        <pctVal>0.119660401639</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Severn Trent PLC</name>
        <lei>213800RPBXRETY4A4C59</lei>
        <title>Severn Trent PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B1FH8J72"/>
          <ticker value="SVT"/>
          <other otherDesc="SEDOL" value="B1FH8J7"/>
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        <balance>31500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.77414360"/>
        <valUSD>1029867.06000000</valUSD>
        <pctVal>1.073555505316</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>Ollamani SAB</name>
        <lei>N/A</lei>
        <title>Ollamani SAB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01AG080022"/>
          <ticker value="AGUILCPO"/>
          <other otherDesc="SEDOL" value="BS89BX4"/>
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        <balance>41000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.46450000"/>
        <valUSD>91137.82000000</valUSD>
        <pctVal>0.095004017706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engie SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>Engie SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010208488"/>
          <ticker value="ENGI"/>
          <other otherDesc="SEDOL" value="B0C2CQ3"/>
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        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>19501.25000000</valUSD>
        <pctVal>0.020328521137</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>Global Payments Inc</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments Inc</title>
        <cusip>37940X102</cusip>
        <identifiers>
          <isin value="US37940X1028"/>
          <ticker value="GPN"/>
        </identifiers>
        <balance>150.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14688.00000000</valUSD>
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      <invstOrSec>
        <name>Acciona SA</name>
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      <invstOrSec>
        <name>Comcast Corp</name>
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      <invstOrSec>
        <name>Infrastrutture Wireless Italia</name>
        <lei>81560066183FE361C071</lei>
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          <isin value="IT0005090300"/>
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      <invstOrSec>
        <name>JCDecaux SE</name>
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        <name>Hawaiian Electric Industries I</name>
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        <name>Diageo PLC</name>
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        <name>Accelleron Industries AG</name>
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        <name>Consolidated Edison Inc</name>
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          <ticker value="ED"/>
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        <curCd>USD</curCd>
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        <name>EchoStar Corp</name>
        <lei>549300EE20907QZ9GT38</lei>
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          <isin value="US2787681061"/>
          <ticker value="SATS"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76740.00000000</valUSD>
        <pctVal>0.079995421426</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Oracle Corp</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp</title>
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          <isin value="US68389X1054"/>
          <ticker value="ORCL"/>
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        <curCd>USD</curCd>
        <valUSD>69905.00000000</valUSD>
        <pctVal>0.072870470873</pctVal>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Kerry Group PLC</name>
        <lei>635400TLVVBNXLFHWC59</lei>
        <title>Kerry Group PLC</title>
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        <name>Chart Industries Inc</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
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          <ticker value="GTLS"/>
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        <name>CNH Industrial NV</name>
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        <title>CNH Industrial NV</title>
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        <name>UBS Group AG</name>
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        <name>Shenandoah Telecommunications</name>
        <lei>549300XH3H4OUKFPHS84</lei>
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        <name>UBS Group AG</name>
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        <name>Cameco Corp</name>
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        <name>Bank of America Corp</name>
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        <name>Eurotelesites AG</name>
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        <name>Sunrise Communications AG</name>
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        <name>Boralex Inc</name>
        <lei>5493004UT7HNQU2SVR90</lei>
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        <name>TC Energy Corp</name>
        <lei>549300UGKOFV2IWJJG27</lei>
        <title>TC Energy Corp</title>
        <cusip>87807B107</cusip>
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          <ticker value="TRP"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <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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        <curCd>USD</curCd>
        <valUSD>1304925.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Veolia Environnement SA</name>
        <lei>969500LENY69X51OOT31</lei>
        <title>Veolia Environnement SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000124141"/>
          <ticker value="VIE"/>
          <other otherDesc="SEDOL" value="4031879"/>
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        <balance>13800.00000000</balance>
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        <pctVal>0.493869674249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emera Inc</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera Inc</title>
        <cusip>290876101</cusip>
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          <isin value="CA2908761018"/>
          <ticker value="EMA"/>
          <other otherDesc="SEDOL" value="2650050"/>
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        <balance>35200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southwest Gas Holdings Inc</name>
        <lei>254900LKF9EV0CUKNE09</lei>
        <title>Southwest Gas Holdings Inc</title>
        <cusip>844895102</cusip>
        <identifiers>
          <isin value="US8448951025"/>
          <ticker value="SWX"/>
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        <balance>19000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1364200.00000000</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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          <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>
        <identifiers>
          <isin value="BMG9001E1286"/>
          <ticker value="LILAK"/>
          <other otherDesc="SEDOL" value="BD9Q3Q6"/>
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        <balance>3632.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22554.72000000</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>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>46000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>866180.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enel SpA</name>
        <lei>WOCMU6HCI0OJWNPRZS33</lei>
        <title>Enel SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003128367"/>
          <ticker value="ENEL"/>
          <other otherDesc="SEDOL" value="7144569"/>
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        <balance>157000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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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>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>91560.00000000</valUSD>
        <pctVal>0.095444107190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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>22000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>866142.93000000</valUSD>
        <pctVal>0.902885961701</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>
        <name>National Grid PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>National Grid PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BDR05C01"/>
          <ticker value="NG/"/>
          <other otherDesc="SEDOL" value="BDR05C0"/>
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        <balance>100730.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.77414360"/>
        <valUSD>1313540.98000000</valUSD>
        <pctVal>1.369263281940</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>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>125356.00000000</valUSD>
        <pctVal>0.130673782230</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>
        <name>GATX Corp</name>
        <lei>549300IHYHCQP2PIR591</lei>
        <title>GATX Corp</title>
        <cusip>361448103</cusip>
        <identifiers>
          <isin value="US3614481030"/>
          <ticker value="GATX"/>
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        <balance>4000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>621080.00000000</valUSD>
        <pctVal>0.647427108933</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>Fox Corp</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp</title>
        <cusip>35137L204</cusip>
        <identifiers>
          <isin value="US35137L2043"/>
          <ticker value="FOX"/>
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        <balance>18000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>948780.00000000</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>Innovex International Inc</name>
        <lei>5299007REICYIJNMW197</lei>
        <title>Innovex International Inc</title>
        <cusip>457651107</cusip>
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          <isin value="US4576511079"/>
          <ticker value="INVX"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>143680.00000000</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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      <invstOrSec>
        <name>Brookfield Asset Management Lt</name>
        <lei>549300CZ84WPNJZKY093</lei>
        <title>Brookfield Asset Management Ltd</title>
        <cusip>113004105</cusip>
        <identifiers>
          <isin value="CA1130041058"/>
          <ticker value="BAM"/>
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        <balance>1125.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54506.25000000</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>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>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39736.00000000</valUSD>
        <pctVal>0.041421658402</pctVal>
        <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>Cia de Saneamento Basico do Es</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>Cia de Saneamento Basico do Estado de Sao Paulo SABESP</title>
        <cusip>20441A102</cusip>
        <identifiers>
          <isin value="US20441A1025"/>
          <ticker value="SBS"/>
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        <balance>2500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44650.00000000</valUSD>
        <pctVal>0.046544117366</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
        <cusip>42704L104</cusip>
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          <isin value="US42704L1044"/>
          <ticker value="HRI"/>
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        <balance>300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40281.00000000</valUSD>
        <pctVal>0.041989778088</pctVal>
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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>SolarWinds Corp</name>
        <lei>N/A</lei>
        <title>SolarWinds Corp</title>
        <cusip>83417Q204</cusip>
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          <isin value="US83417Q2049"/>
          <ticker value="SWI"/>
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        <balance>3500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64505.00000000</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>Sika AG</name>
        <lei>549300R3N69ECGYPU434</lei>
        <title>Sika AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH0418792922"/>
          <ticker value="SIKA"/>
          <other otherDesc="SEDOL" value="BF2DSG3"/>
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        <balance>1400.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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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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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ormat Technologies Inc</name>
        <lei>5493000TSHHWY24VHM09</lei>
        <title>Ormat Technologies Inc</title>
        <cusip>686688102</cusip>
        <identifiers>
          <isin value="US6866881021"/>
          <ticker value="ORA"/>
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        <balance>7500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>530775.00000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <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>11000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="149.99000000"/>
        <valUSD>209270.62000000</valUSD>
        <pctVal>0.218148181379</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>Manchester United Plc</name>
        <lei>529900GWGZPE83MJOV59</lei>
        <title>Manchester United Plc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5784H1065"/>
          <ticker value="MANU"/>
          <other otherDesc="SEDOL" value="B8Q8MV8"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>314160.00000000</valUSD>
        <pctVal>0.327487120085</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>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"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="149.99000000"/>
        <valUSD>76125.08000000</valUSD>
        <pctVal>0.079354415633</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>Bank of New York Mellon Corp/T</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>Bank of New York Mellon Corp/The</title>
        <cusip>064058100</cusip>
        <identifiers>
          <isin value="US0640581007"/>
          <ticker value="BK"/>
        </identifiers>
        <balance>15500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1299985.00000000</valUSD>
        <pctVal>1.355132237726</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>South Bow Corp</name>
        <lei>2549000XS5TAFA3YF943</lei>
        <title>South Bow Corp</title>
        <cusip>83671M105</cusip>
        <identifiers>
          <isin value="CA83671M1059"/>
          <ticker value="SOBO"/>
        </identifiers>
        <balance>180.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4593.60000000</valUSD>
        <pctVal>0.004788467134</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>Telefonica Deutschland Holding</name>
        <lei>391200ECRPJ3SWQJUM30</lei>
        <title>Telefonica Deutschland Holding AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A1J5RX9"/>
          <ticker value="O2D"/>
          <other otherDesc="SEDOL" value="B7VG6L8"/>
        </identifiers>
        <balance>230000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>542661.22000000</valUSD>
        <pctVal>0.565681691239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>4700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>115103.00000000</valUSD>
        <pctVal>0.119985835189</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iberdrola SA</name>
        <lei>5QK37QC7NWOJ8D7WVQ45</lei>
        <title>Iberdrola SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0144580Y14"/>
          <ticker value="IBE"/>
          <other otherDesc="SEDOL" value="B288C92"/>
        </identifiers>
        <balance>131100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481272"/>
        <valUSD>2117870.94000000</valUSD>
        <pctVal>2.207714078345</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>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"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>316500.00000000</valUSD>
        <pctVal>0.329926386258</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>Anterix Inc</name>
        <lei>549300QIX2QHFGIEQG40</lei>
        <title>Anterix Inc</title>
        <cusip>03676C100</cusip>
        <identifiers>
          <isin value="US03676C1009"/>
          <ticker value="ATEX"/>
        </identifiers>
        <balance>6000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>219600.00000000</valUSD>
        <pctVal>0.228915748569</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>Halliburton Co</name>
        <lei>ENYF8GB5SMQZ25S06U51</lei>
        <title>Halliburton Co</title>
        <cusip>406216101</cusip>
        <identifiers>
          <isin value="US4062161017"/>
          <ticker value="HAL"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>507400.00000000</valUSD>
        <pctVal>0.528924639455</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-29</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>
  <documents>XXXX</documents>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>NPORT-EX
<SEQUENCE>2
<FILENAME>GB37GB033125.htm
<TEXT>
<html>
<head>
<title></title>
<!--Uncomment the following meta tag to help resolve IE/Edge rendering problems. This tag cannot be uncommented in an SEC submission or it will be rejected.-->
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</head><body style="margin: 0px"><div style="page-break-after:always;margin:-8px;position:relative;height:1296px;width:1080px;transform-origin:top left;transform:scale(2,2)"><div style="position:absolute;top:0px;left:0px;width:540px;height:648px">
		<div style="height:12.40px;left:0px;position:absolute;top:0px;transform:translate(25.200px,612.233px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">
			<div style="width:9792px;height:142.8px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,2.92px) rotate(0deg) scale(0.05)">

			<div style="font-family:Arial, Helvetica, sans-serif;font-size:170px;position:absolute;top:-6.75px;left:4845.96px;white-space:nowrap">1</div></div>
		</div>
		<div style="height:33.73px;left:0px;position:absolute;top:0px;transform:translate(18.200px,24.305px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.40px">
			<div style="width:9788px;height:576px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,3.93px) rotate(0deg) scale(0.05)">


			<div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:-9px;left:0px;letter-spacing:-3.84px;white-space:nowrap">The Gabelli Global Utility &amp; Income Trust</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:279px;left:0px;letter-spacing:-2.4px;white-space:nowrap">Schedule of Investments &#8212; March 31, 2025 (Unaudited)</div></div>
		</div>
		<div style="background-color:transparent;height:4.50px;left:0px;position:absolute;top:0px;transform:translate(17.999px,57.416px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">

		<div style="background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAB/gAAAATCAYAAACUadXJAAAACXBIWXMAAC4jAAAuIwF4pT92AAAA6ElEQVR4Xu3ZwQ2AMBDAsAN1/52YDEbos0Sy39kg18y8AwAAAAAAAAD82r0LAAAAAAAAAIDzDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAAIMfgAAAAAAAAAIMPgBAAAAAAAAIMDgBwAAAAAAAIAAgx8AAAAAAAAAAgx+AAAAAAAAAAgw+AEAAAAAAAAgwOAHAAAAAAAAgACDHwAAAAAAAAACDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAALWzDy7CAAAAAAAAAA46wMQOQHom10yKQAAAABJRU5ErkJggg==);background-repeat:no-repeat;background-size:cover;height:100.00%;min-width:100%;width:100.00%;left:0px;position:absolute;top:0px"></div></div>
		<div 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rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:490.31px">
			<div style="width:9792px;height:10582.27px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,1.5px) rotate(0deg) scale(0.05)">







































































































































































































































































































































			<div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:410.72px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:4064.36px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:4105.72px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:979px;white-space:nowrap">COMMON STOCKS</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:2223.79px;white-space:nowrap">&#8212; 99.7%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:979px;white-space:nowrap">ENERGY AND UTILITIES&#160;&#8212; 55.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:876.63px;left:979px;white-space:nowrap">Alternative Energy&#160;&#8212; 0.7%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1071.51px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:0px;letter-spacing:-10px;white-space:nowrap">			750&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:979px;text-rendering:optimizeLegibility;white-space:nowrap">Brookfield Renewable Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:2771.96px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">	$		20,940&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:979px;letter-spacing:-0.41px;white-space:nowrap">Vestas Wind Systems A/S&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:2703px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			75,665&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1750.5px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			7,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:979px;letter-spacing:-0.91px;white-space:nowrap">Ormat Technologies Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:2565.08px;letter-spacing:30.06px;white-space:nowrap">................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:3787px;letter-spacing:-5px;white-space:nowrap">			530,775&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:0px;letter-spacing:-10px;white-space:nowrap">			400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:979px;letter-spacing:-0.91px;white-space:nowrap">SolarEdge Technologies Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:2840.92px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:3787px;letter-spacing:-6.67px;white-space:nowrap">			6,472&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			17,250&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:979px;white-space:nowrap">XPLR Infrastructure LP </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:2496.12px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:3787px;letter-spacing:-5px;white-space:nowrap">			163,875&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2530.02px;left:3787px;letter-spacing:-5px;white-space:nowrap">			797,727&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2819.25px;left:979px;text-rendering:optimizeLegibility;white-space:nowrap">Diversified Industrial&#160;&#8212; 2.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3014.13px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3209.01px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			22,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3209.01px;left:979px;white-space:nowrap">Bouygues SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3209.01px;left:1875.48px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3209.01px;left:3787px;letter-spacing:-5px;white-space:nowrap">			866,143&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3403.89px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			17,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3403.89px;left:979px;white-space:nowrap">Jardine Matheson Holdings Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3403.89px;left:3047.8px;letter-spacing:30.92px;white-space:nowrap">.........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3403.89px;left:3787px;letter-spacing:-5px;white-space:nowrap">			749,772&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3693.12px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:0px;letter-spacing:-10px;white-space:nowrap">			200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:979px;white-space:nowrap">Chart Industries Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:2358.2px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			28,872&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			25,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:979px;letter-spacing:0.29px;white-space:nowrap">Flowserve Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,221,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4277.76px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4277.76px;left:979px;white-space:nowrap">General Electric Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4277.76px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4277.76px;left:3787px;letter-spacing:-5px;white-space:nowrap">			600,450&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4472.64px;left:3787px;letter-spacing:-4px;white-space:nowrap">			3,466,237&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4761.87px;left:979px;letter-spacing:-0.91px;white-space:nowrap">Electric Transmission and Distribution&#160;&#8212; 3.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4956.75px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5151.63px;left:0px;letter-spacing:-5px;white-space:nowrap">			153,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5151.63px;left:979px;white-space:nowrap">Algonquin Power &amp; Utilities Corp., New </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5343.63px;left:1123px;letter-spacing:-2.2px;white-space:nowrap">York </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5343.63px;left:1461.72px;letter-spacing:29.51px;white-space:nowrap">................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5343.63px;left:3787px;letter-spacing:-5px;white-space:nowrap">			788,990&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5538.51px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5538.51px;left:979px;white-space:nowrap">Boralex Inc., Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5538.51px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5538.51px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			26,126&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5733.39px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			28,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5733.39px;left:979px;white-space:nowrap">Enel Chile SA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5733.39px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5733.39px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			91,560&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5928.26px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			9,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5928.26px;left:979px;white-space:nowrap">Fortis Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5928.26px;left:1668.6px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5928.26px;left:3787px;letter-spacing:-5px;white-space:nowrap">			432,733&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6123.14px;left:0px;letter-spacing:-10px;white-space:nowrap">			650&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6123.14px;left:979px;letter-spacing:-2.2px;white-space:nowrap">Fortis Inc., New York</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6123.14px;left:2289.86px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6123.14px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			29,627&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6318.02px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			9,600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6318.02px;left:979px;white-space:nowrap">Landis+Gyr Group AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6318.02px;left:2358.2px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6318.02px;left:3787px;letter-spacing:-5px;white-space:nowrap">			566,429&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6512.9px;left:0px;letter-spacing:-10px;white-space:nowrap">			700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6512.9px;left:979px;white-space:nowrap">Orsted AS&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6512.9px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6512.9px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			30,578&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6707.78px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			18,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6707.78px;left:979px;white-space:nowrap">Redeia Corp. SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6707.78px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6707.78px;left:3787px;letter-spacing:-5px;white-space:nowrap">			361,241&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6902.65px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6902.65px;left:979px;white-space:nowrap">RWE AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6902.65px;left:1530.68px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6902.65px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			89,261&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7191.89px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7386.77px;left:0px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7386.77px;left:979px;white-space:nowrap">CenterPoint Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7386.77px;left:2496.12px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7386.77px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			18,115&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7581.65px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7581.65px;left:979px;white-space:nowrap">Consolidated Edison Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7581.65px;left:2565.08px;letter-spacing:30.06px;white-space:nowrap">................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7581.65px;left:3787px;letter-spacing:-5px;white-space:nowrap">			132,708&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7776.53px;left:0px;letter-spacing:-10px;white-space:nowrap">			700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7776.53px;left:979px;white-space:nowrap">Sempra </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7776.53px;left:1530.68px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7776.53px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			49,952&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7971.4px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			32,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7971.4px;left:979px;letter-spacing:-2.37px;white-space:nowrap">Twin Disc Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7971.4px;left:1875.48px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7971.4px;left:3787px;letter-spacing:-5px;white-space:nowrap">			246,025&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8166.28px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8166.28px;left:979px;white-space:nowrap">Unitil Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8166.28px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8166.28px;left:3787px;letter-spacing:-5px;white-space:nowrap">			317,295&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8361.16px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			13,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8361.16px;left:979px;white-space:nowrap">WEC Energy Group Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8361.16px;left:2496.12px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8361.16px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,438,536&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8556.04px;left:3787px;letter-spacing:-4px;white-space:nowrap">			4,619,176&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8845.27px;left:979px;white-space:nowrap">Energy and Utilities: Integrated&#160;&#8212; 29.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9040.15px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9235.03px;left:0px;letter-spacing:-5px;white-space:nowrap">			140,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9235.03px;left:979px;white-space:nowrap">A2A SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9235.03px;left:1599.64px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9235.03px;left:3787px;letter-spacing:-5px;white-space:nowrap">			336,825&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9429.91px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9429.91px;left:979px;white-space:nowrap">Chubu Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9429.91px;left:2909.88px;letter-spacing:30.56px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9429.91px;left:3787px;letter-spacing:-5px;white-space:nowrap">			108,207&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9624.79px;left:0px;letter-spacing:-5px;white-space:nowrap">			152,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9624.79px;left:979px;white-space:nowrap">Datang International Power Generation Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9816.79px;left:1123px;white-space:nowrap">Ltd., Cl.&#160;H </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9816.79px;left:1806.52px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9816.79px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			31,840&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10011.66px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10011.66px;left:979px;white-space:nowrap">E.ON SE </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10011.66px;left:1530.68px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10011.66px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			30,190&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10206.54px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			14,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10206.54px;left:979px;white-space:nowrap">E.ON SE, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10206.54px;left:1875.48px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10206.54px;left:3787px;letter-spacing:-5px;white-space:nowrap">			212,135&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10401.42px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			17,615&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10401.42px;left:979px;white-space:nowrap">EDP SA</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10401.42px;left:1463.64px;letter-spacing:29.51px;white-space:nowrap">................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10401.42px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			59,275&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:5421.92px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:9075.56px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:9116.92px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			9,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:5990.2px;white-space:nowrap">EDP SA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">	$		307,170&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			14,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:5990.2px;white-space:nowrap">Electric Power Development Co. Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:8334.84px;letter-spacing:32.48px;white-space:nowrap">.....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			244,776&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			35,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5990.2px;white-space:nowrap">Emera Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:6679.8px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,482,556&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:5990.2px;white-space:nowrap">Endesa SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:6679.8px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			264,918&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			157,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:5990.2px;white-space:nowrap">Enel SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:6610.84px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,272,721&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			4,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:5990.2px;white-space:nowrap">Eni SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:6541.88px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			61,842&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			7,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:5990.2px;white-space:nowrap">Eni SpA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			216,510&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			225,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:5990.2px;white-space:nowrap">Hera SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:6610.84px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			973,170&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			15,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:5990.2px;white-space:nowrap">Hokkaido Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:8059px;letter-spacing:30.92px;white-space:nowrap">.........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			76,125&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			20,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:5990.2px;white-space:nowrap">Hokuriku Electric Power Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			111,221&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			560,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:5990.2px;white-space:nowrap">Huaneng Power International Inc., Cl.&#160;H </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:8541.72px;letter-spacing:37.76px;white-space:nowrap">..</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			324,567&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			131,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:5990.2px;white-space:nowrap">Iberdrola SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			2,117,871&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			35,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:5990.2px;white-space:nowrap">Korea Electric Power Corp., ADR&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:8127.96px;letter-spacing:31.16px;white-space:nowrap">........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			259,350&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			23,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:5990.2px;white-space:nowrap">Kyushu Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:7990.04px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			200,190&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3215.17px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			12,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3215.17px;left:5990.2px;white-space:nowrap">Shikoku Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3215.17px;left:7990.04px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3215.17px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			92,606&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3410.05px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3410.05px;left:5990.2px;white-space:nowrap">The Chugoku Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3410.05px;left:8334.84px;letter-spacing:32.48px;white-space:nowrap">.....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3410.05px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			57,337&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3604.92px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			14,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3604.92px;left:5990.2px;white-space:nowrap">The Kansai Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3604.92px;left:8196.92px;letter-spacing:31.47px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3604.92px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			165,444&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3799.8px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3799.8px;left:5990.2px;letter-spacing:-1.69px;white-space:nowrap">Tohoku Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3799.8px;left:7921.08px;letter-spacing:30.56px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3799.8px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			68,805&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3994.68px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3994.68px;left:5990.2px;letter-spacing:-0.36px;white-space:nowrap">Verbund AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3994.68px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3994.68px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			127,388&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4283.92px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:5990.2px;white-space:nowrap">ALLETE Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			39,420&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:5990.2px;letter-spacing:0.02px;white-space:nowrap">Alliant Energy Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:7300.44px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			38,610&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4868.55px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			17,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4868.55px;left:5990.2px;white-space:nowrap">Ameren Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4868.55px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4868.55px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,706,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5063.43px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			19,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5063.43px;left:5990.2px;white-space:nowrap">American Electric Power Co. Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5063.43px;left:8059px;letter-spacing:30.92px;white-space:nowrap">.........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5063.43px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			2,152,619&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5258.31px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			21,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5258.31px;left:5990.2px;letter-spacing:-0.41px;white-space:nowrap">Avista Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5258.31px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5258.31px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			900,205&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5453.18px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5453.18px;left:5990.2px;white-space:nowrap">Badger Meter Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5453.18px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5453.18px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			38,050&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5648.06px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5648.06px;left:5990.2px;white-space:nowrap">Black Hills Corp.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5648.06px;left:7025.54px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5648.06px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			36,390&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5842.94px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			9,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5842.94px;left:5990.2px;white-space:nowrap">Dominion Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5842.94px;left:7369.4px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5842.94px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			532,665&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6037.82px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6037.82px;left:5990.2px;white-space:nowrap">DTE Energy Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6037.82px;left:7024.6px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6037.82px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			138,270&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6232.7px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6232.7px;left:5990.2px;white-space:nowrap">Duke Energy Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6232.7px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6232.7px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,219,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6427.57px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			650&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6427.57px;left:5990.2px;white-space:nowrap">Entergy Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6427.57px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6427.57px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			55,569&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6622.45px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6622.45px;left:5990.2px;white-space:nowrap">Eos Energy Enterprises Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6622.45px;left:7852.12px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6622.45px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			7,560&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6817.33px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			16,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6817.33px;left:5990.2px;white-space:nowrap">Evergy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6817.33px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6817.33px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,103,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7012.21px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			17,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7012.21px;left:5990.2px;letter-spacing:-0.29px;white-space:nowrap">Eversource Energy</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7012.21px;left:7164.1px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7012.21px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,105,558&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7207.09px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			380,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7207.09px;left:5990.2px;letter-spacing:-1.97px;white-space:nowrap">Gulf Coast Ultra Deep Royalty Trust&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7207.09px;left:8334.84px;letter-spacing:32.48px;white-space:nowrap">.....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7207.09px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			9,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7401.96px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7401.96px;left:5990.2px;white-space:nowrap">Hawaiian Electric Industries Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7401.96px;left:8127.96px;letter-spacing:31.16px;white-space:nowrap">........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7401.96px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			109,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7596.84px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			7,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7596.84px;left:5990.2px;white-space:nowrap">MGE Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7596.84px;left:7093.56px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7596.84px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			669,312&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7791.72px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			20,080&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7791.72px;left:5990.2px;white-space:nowrap">NextEra Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7791.72px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7791.72px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,423,471&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7986.6px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			36,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7986.6px;left:5990.2px;letter-spacing:-0.36px;white-space:nowrap">NiSource Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7986.6px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7986.6px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,443,240&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8181.48px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			11,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8181.48px;left:5990.2px;white-space:nowrap">Northwestern Energy Group Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8181.48px;left:8059px;letter-spacing:30.92px;white-space:nowrap">.........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8181.48px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			636,570&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8376.35px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			34,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8376.35px;left:5990.2px;white-space:nowrap">OGE Energy Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8376.35px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8376.35px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,562,640&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8571.23px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8571.23px;left:5990.2px;letter-spacing:-2.37px;white-space:nowrap">Otter Tail Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8571.23px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8571.23px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			803,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8766.11px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			14,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8766.11px;left:5990.2px;white-space:nowrap">PG&amp;E Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8766.11px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8766.11px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			249,110&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8960.99px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			13,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8960.99px;left:5990.2px;letter-spacing:-0.58px;white-space:nowrap">Pinnacle West Capital Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8960.99px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8960.99px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,304,925&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9155.87px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			39,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9155.87px;left:5990.2px;white-space:nowrap">Portland General Electric Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9155.87px;left:7852.12px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9155.87px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,761,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9350.74px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			9,900&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9350.74px;left:5990.2px;white-space:nowrap">PPL Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9350.74px;left:6679.8px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9350.74px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			357,489&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9545.62px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			14,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9545.62px;left:5990.2px;white-space:nowrap">Public Service Enterprise Group Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9545.62px;left:8334.84px;letter-spacing:32.48px;white-space:nowrap">.....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9545.62px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,193,350&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9740.5px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			120,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9740.5px;left:5990.2px;white-space:nowrap">The AES Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9740.5px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9740.5px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,490,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9935.38px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			17,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9935.38px;left:5990.2px;white-space:nowrap">The Southern Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9935.38px;left:7093.56px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9935.38px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,627,515&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10130.26px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			25,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10130.26px;left:5990.2px;white-space:nowrap">TXNM Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10130.26px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10130.26px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,337,000&#8204;</div></div>
		</div>


</div></div><div style="page-break-after:always;margin:-8px;position:relative;height:1296px;width:1080px;transform-origin:top left;transform:scale(2,2)"><div style="position:absolute;top:0px;left:0px;width:540px;height:648px">
		<div style="height:12.40px;left:0px;position:absolute;top:0px;transform:translate(25.200px,612.233px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">
			<div style="width:9792px;height:142.8px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,2.92px) rotate(0deg) scale(0.05)">

			<div style="font-family:Arial, Helvetica, sans-serif;font-size:170px;position:absolute;top:-6.75px;left:4845.96px;white-space:nowrap">2</div></div>
		</div>
		<div style="height:33.73px;left:0px;position:absolute;top:0px;transform:translate(18.200px,24.305px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.40px">
			<div style="width:9788px;height:576px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,3.93px) rotate(0deg) scale(0.05)">


			<div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:-9px;left:0px;letter-spacing:-3.84px;white-space:nowrap">The Gabelli Global Utility &amp; Income Trust</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:279px;left:0px;letter-spacing:-2.4px;white-space:nowrap">Schedule of Investments (Continued) &#8212; March 31, 2025 (Unaudited)</div></div>
		</div>
		<div style="background-color:transparent;height:4.50px;left:0px;position:absolute;top:0px;transform:translate(17.999px,57.416px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">

		<div style="background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAB/gAAAATCAYAAACUadXJAAAACXBIWXMAAC4jAAAuIwF4pT92AAAA6ElEQVR4Xu3ZwQ2AMBDAsAN1/52YDEbos0Sy39kg18y8AwAAAAAAAAD82r0LAAAAAAAAAIDzDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAAIMfgAAAAAAAAAIMPgBAAAAAAAAIMDgBwAAAAAAAIAAgx8AAAAAAAAAAgx+AAAAAAAAAAgw+AEAAAAAAAAgwOAHAAAAAAAAgACDHwAAAAAAAAACDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAALWzDy7CAAAAAAAAAA46wMQOQHom10yKQAAAABJRU5ErkJggg==);background-repeat:no-repeat;background-size:cover;height:100.00%;min-width:100%;width:100.00%;left:0px;position:absolute;top:0px"></div></div>
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			<div style="width:9792px;height:10582.27px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,1.5px) rotate(0deg) scale(0.05)">





































































































































































































































































































































































			<div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:410.72px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:4064.36px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:4105.72px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:979px;white-space:nowrap">COMMON STOCKS (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:979px;white-space:nowrap">ENERGY AND UTILITIES (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:876.63px;left:979px;white-space:nowrap">Energy and Utilities: Integrated (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1071.51px;left:979px;white-space:nowrap">U.S. Companies (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			18,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:979px;white-space:nowrap">Xcel Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:3787px;letter-spacing:-4px;white-space:nowrap">	$		1,274,220&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:3787px;letter-spacing:-3.64px;white-space:nowrap">			35,531,297&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1750.5px;left:979px;white-space:nowrap">Environmental Services&#160;&#8212; 0.4%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1945.38px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:979px;white-space:nowrap">Cia de Saneamento Basico do Estado de </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2332.26px;left:1123px;letter-spacing:-2.58px;white-space:nowrap">Sao Paulo SABESP, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2332.26px;left:2703px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2332.26px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			44,650&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2527.14px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			13,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2527.14px;left:979px;letter-spacing:-0.41px;white-space:nowrap">Veolia Environnement SA</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2527.14px;left:2566.98px;letter-spacing:30.06px;white-space:nowrap">................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2527.14px;left:3787px;letter-spacing:-5px;white-space:nowrap">			473,771&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2816.38px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3011.25px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,640&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3011.25px;left:979px;letter-spacing:-1.08px;white-space:nowrap">SkyWater Technology Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3011.25px;left:2703px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3011.25px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			18,718&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3206.13px;left:3787px;letter-spacing:-5px;white-space:nowrap">			537,139&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3495.37px;left:979px;white-space:nowrap">Independent Power Producers and Energy </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3687.37px;left:1123px;letter-spacing:-1.69px;white-space:nowrap">Traders&#160;&#8212; 0.5%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3882.25px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4077.12px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4077.12px;left:979px;white-space:nowrap">NRG Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4077.12px;left:2082.36px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4077.12px;left:3787px;letter-spacing:-5px;white-space:nowrap">			190,920&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4272px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4272px;left:979px;white-space:nowrap">Vistra Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4272px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4272px;left:3787px;letter-spacing:-5px;white-space:nowrap">			422,784&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4466.88px;left:3787px;letter-spacing:-5px;white-space:nowrap">			613,704&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4756.12px;left:979px;letter-spacing:0.32px;white-space:nowrap">Machinery&#160;&#8212; 0.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4951px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.87px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,750&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.87px;left:979px;letter-spacing:0.01px;white-space:nowrap">Accelleron Industries AG, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.87px;left:2909.88px;letter-spacing:30.56px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.87px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			80,325&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5435.11px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.99px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			8,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.99px;left:979px;white-space:nowrap">Innovex International Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.99px;left:2703px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.99px;left:3787px;letter-spacing:-5px;white-space:nowrap">			143,680&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5824.87px;left:3787px;letter-spacing:-5px;white-space:nowrap">			224,005&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6114.11px;left:979px;white-space:nowrap">Natural Gas Integrated&#160;&#8212; 5.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6308.98px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.86px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			80,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.86px;left:979px;white-space:nowrap">Snam SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.86px;left:1668.6px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.86px;left:3787px;letter-spacing:-5px;white-space:nowrap">			414,787&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.74px;left:0px;letter-spacing:-10px;white-space:nowrap">			900&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.74px;left:979px;white-space:nowrap">TC Energy Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.74px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.74px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			42,489&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6987.98px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7182.85px;left:0px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7182.85px;left:979px;white-space:nowrap">DT Midstream Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7182.85px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7182.85px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			48,240&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7377.73px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			29,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7377.73px;left:979px;white-space:nowrap">Kinder Morgan Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7377.73px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7377.73px;left:3787px;letter-spacing:-5px;white-space:nowrap">			827,370&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7572.61px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			57,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7572.61px;left:979px;white-space:nowrap">National Fuel Gas Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7572.61px;left:2358.2px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7572.61px;left:3787px;letter-spacing:-4px;white-space:nowrap">			4,553,425&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7767.49px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			4,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7767.49px;left:979px;white-space:nowrap">ONEOK Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7767.49px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7767.49px;left:3787px;letter-spacing:-5px;white-space:nowrap">			396,880&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7962.37px;left:3787px;letter-spacing:-4px;white-space:nowrap">			6,283,191&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8251.6px;left:979px;white-space:nowrap">Natural Gas Utilities&#160;&#8212; 3.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8446.48px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8641.36px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8641.36px;left:979px;white-space:nowrap">Engie SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8641.36px;left:1599.64px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8641.36px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			19,501&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8836.24px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			9,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8836.24px;left:979px;white-space:nowrap">Engie SA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8836.24px;left:1944.44px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8836.24px;left:3787px;letter-spacing:-5px;white-space:nowrap">			185,274&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9031.12px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			16,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9031.12px;left:979px;white-space:nowrap">Italgas SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9031.12px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9031.12px;left:3787px;letter-spacing:-5px;white-space:nowrap">			114,791&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9225.99px;left:0px;letter-spacing:-5px;white-space:nowrap">			100,730&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9225.99px;left:979px;white-space:nowrap">National Grid plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9225.99px;left:2082.36px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9225.99px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,313,541&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9420.87px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9420.87px;left:979px;white-space:nowrap">National Grid plc, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9420.87px;left:2427.16px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9420.87px;left:3787px;letter-spacing:-5px;white-space:nowrap">			229,635&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9710.11px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9904.99px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9904.99px;left:979px;white-space:nowrap">Atmos Energy Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9904.99px;left:2289.24px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9904.99px;left:3787px;letter-spacing:-5px;white-space:nowrap">			850,190&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10099.87px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10099.87px;left:979px;white-space:nowrap">Chesapeake Utilities Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10099.87px;left:2634.04px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10099.87px;left:3787px;letter-spacing:-5px;white-space:nowrap">			166,959&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10294.74px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10294.74px;left:979px;white-space:nowrap">ONE Gas Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10294.74px;left:1875.48px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10294.74px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			75,590&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:5421.92px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:9075.56px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:9116.92px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:5990.2px;letter-spacing:-0.32px;white-space:nowrap">RGC Resources Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:7300.44px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:486.88px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">	$		208,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			19,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:5990.2px;white-space:nowrap">Southwest Gas Holdings Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:7852.12px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:681.75px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,364,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5990.2px;white-space:nowrap">Spire Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:6610.84px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			156,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			4,684,881&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1360.75px;left:5990.2px;white-space:nowrap">Natural Resources&#160;&#8212; 0.9%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1555.63px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			14,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:5990.2px;white-space:nowrap">Cameco Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			576,240&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:5990.2px;white-space:nowrap">Linde plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:6610.84px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			46,564&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2234.62px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			6,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:5990.2px;letter-spacing:-1.48px;white-space:nowrap">APA Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:6679.8px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			142,936&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:5990.2px;white-space:nowrap">Diamondback Energy Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:7645.24px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			287,784&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2819.25px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,053,524&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3108.49px;left:5990.2px;white-space:nowrap">Oil&#160;&#8212; 1.3%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3303.37px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			13,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:5990.2px;white-space:nowrap">BP plc, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			456,165&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3693.12px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3693.12px;left:5990.2px;white-space:nowrap">Petroleo Brasileiro SA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3693.12px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3693.12px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			143,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			16,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:5990.2px;white-space:nowrap">PrairieSky Royalty Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:7438.36px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3888px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			288,523&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			7,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:5990.2px;letter-spacing:0.03px;white-space:nowrap">Shell plc, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4082.88px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			527,616&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4372.12px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:5990.2px;letter-spacing:0.01px;white-space:nowrap">ConocoPhillips </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			105,020&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4761.87px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,520,724&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5051.11px;left:5990.2px;letter-spacing:0.36px;white-space:nowrap">Services&#160;&#8212; 4.4%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5245.99px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			27,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:5990.2px;white-space:nowrap">ABB Ltd., ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,418,208&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			23,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:5990.2px;white-space:nowrap">Enbridge Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,019,130&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			3,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:5990.2px;white-space:nowrap">First Sensor AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:7024.6px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			200,689&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6025.5px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			180&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6025.5px;left:5990.2px;white-space:nowrap">South Bow Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6025.5px;left:7093.56px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6025.5px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			4,594&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6314.74px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6509.62px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			23,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6509.62px;left:5990.2px;white-space:nowrap">AZZ Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6509.62px;left:6541.88px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6509.62px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,989,918&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			20,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:5990.2px;letter-spacing:0.01px;white-space:nowrap">Halliburton Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			507,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6899.37px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			12,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6899.37px;left:5990.2px;letter-spacing:-0.32px;white-space:nowrap">MDU Resources Group Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6899.37px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6899.37px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			211,375&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7094.25px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			5,351,314&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7383.49px;left:5990.2px;letter-spacing:-0.58px;white-space:nowrap">Water&#160;&#8212; 1.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7578.37px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7773.24px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			4,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7773.24px;left:5990.2px;letter-spacing:-0.48px;white-space:nowrap">Consolidated Water Co. Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7773.24px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7773.24px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			115,103&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7968.12px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			40,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7968.12px;left:5990.2px;white-space:nowrap">Fluence Corp. Ltd.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7968.12px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7968.12px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			1,425&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8163px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			31,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8163px;left:5990.2px;letter-spacing:-1.97px;white-space:nowrap">Severn Trent plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8163px;left:7024.6px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8163px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,029,867&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8357.88px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			35,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8357.88px;left:5990.2px;white-space:nowrap">United Utilities Group plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8357.88px;left:7576.28px;letter-spacing:30.06px;white-space:nowrap">................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8357.88px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			455,955&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8647.12px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8841.99px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8841.99px;left:5990.2px;letter-spacing:-0.32px;white-space:nowrap">Artesian Resources Corp., Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8841.99px;left:7990.04px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8841.99px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			16,325&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9036.87px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			5,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9036.87px;left:5990.2px;letter-spacing:-0.48px;white-space:nowrap">California Water Service Group </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9036.87px;left:7990.04px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9036.87px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			242,300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9231.75px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			6,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9231.75px;left:5990.2px;white-space:nowrap">Essential Utilities Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9231.75px;left:7369.4px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9231.75px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			256,945&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9426.63px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9426.63px;left:5990.2px;letter-spacing:-0.48px;white-space:nowrap">Middlesex Water Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9426.63px;left:7300.44px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9426.63px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			64,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9621.51px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9621.51px;left:5990.2px;white-space:nowrap">SJW Group </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9621.51px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9621.51px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			65,628&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9816.38px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			2,247,648&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:10105.62px;left:5990.2px;letter-spacing:-1.47px;white-space:nowrap">TOTAL ENERGY AND UTILITIES </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:10105.62px;left:8046.17px;letter-spacing:39.73px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:8798.2px;letter-spacing:-3.64px;white-space:nowrap">			66,930,567&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:10300.5px;left:6024.2px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div></div>
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</div></div><div style="page-break-after:always;margin:-8px;position:relative;height:1296px;width:1080px;transform-origin:top left;transform:scale(2,2)"><div style="position:absolute;top:0px;left:0px;width:540px;height:648px">
		<div style="height:12.40px;left:0px;position:absolute;top:0px;transform:translate(25.200px,612.233px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">
			<div style="width:9792px;height:142.8px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,2.92px) rotate(0deg) scale(0.05)">

			<div style="font-family:Arial, Helvetica, sans-serif;font-size:170px;position:absolute;top:-6.75px;left:4845.96px;white-space:nowrap">3</div></div>
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		<div style="height:33.73px;left:0px;position:absolute;top:0px;transform:translate(18.200px,24.305px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.40px">
			<div style="width:9788px;height:576px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,3.93px) rotate(0deg) scale(0.05)">


			<div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:-9px;left:0px;letter-spacing:-3.84px;white-space:nowrap">The Gabelli Global Utility &amp; Income Trust</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:279px;left:0px;letter-spacing:-2.4px;white-space:nowrap">Schedule of Investments (Continued) &#8212; March 31, 2025 (Unaudited)</div></div>
		</div>
		<div style="background-color:transparent;height:4.50px;left:0px;position:absolute;top:0px;transform:translate(17.999px,57.416px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">

		<div style="background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAB/gAAAATCAYAAACUadXJAAAACXBIWXMAAC4jAAAuIwF4pT92AAAA6ElEQVR4Xu3ZwQ2AMBDAsAN1/52YDEbos0Sy39kg18y8AwAAAAAAAAD82r0LAAAAAAAAAIDzDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAAIMfgAAAAAAAAAIMPgBAAAAAAAAIMDgBwAAAAAAAIAAgx8AAAAAAAAAAgx+AAAAAAAAAAgw+AEAAAAAAAAgwOAHAAAAAAAAgACDHwAAAAAAAAACDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAALWzDy7CAAAAAAAAAA46wMQOQHom10yKQAAAABJRU5ErkJggg==);background-repeat:no-repeat;background-size:cover;height:100.00%;min-width:100%;width:100.00%;left:0px;position:absolute;top:0px"></div></div>
		<div 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			<div style="width:9792px;height:10582.27px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,1.5px) rotate(0deg) scale(0.05)">




















































































































































































































































































































































































			<div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:410.72px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:4064.36px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:4105.72px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:979px;white-space:nowrap">COMMON STOCKS (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:979px;white-space:nowrap">OTHER&#160;&#8212; 28.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:876.63px;left:979px;white-space:nowrap">Aerospace&#160;&#8212; 1.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1071.51px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:0px;letter-spacing:-5px;white-space:nowrap">			100,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:979px;letter-spacing:0.01px;white-space:nowrap">Rolls-Royce Holdings plc&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:2703px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:3787px;letter-spacing:-5px;white-space:nowrap">	$		967,521&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1555.63px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			9,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:979px;white-space:nowrap">AAR Corp.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:3787px;letter-spacing:-5px;white-space:nowrap">			515,108&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,482,629&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2234.62px;left:979px;white-space:nowrap">Automotive&#160;&#8212; 2.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2429.5px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:0px;letter-spacing:-10px;white-space:nowrap">			350&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:979px;white-space:nowrap">Ferrari NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:1668.6px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2624.38px;left:3787px;letter-spacing:-5px;white-space:nowrap">			149,758&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2819.25px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			85,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2819.25px;left:979px;white-space:nowrap">Iveco Group NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2819.25px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2819.25px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,385,091&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3014.13px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			32,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3014.13px;left:979px;letter-spacing:-1.69px;white-space:nowrap">Traton SE </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3014.13px;left:1599.64px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3014.13px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,089,561&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3303.37px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:0px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:979px;white-space:nowrap">General Motors Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3498.25px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			23,515&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3693.12px;left:3787px;letter-spacing:-4px;white-space:nowrap">			2,647,925&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3982.36px;left:979px;white-space:nowrap">Building and Construction&#160;&#8212; 0.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4177.24px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4372.12px;left:0px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4372.12px;left:979px;white-space:nowrap">Acciona SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4372.12px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4372.12px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			65,311&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:979px;white-space:nowrap">CRH plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:1530.68px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4567px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			87,970&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4761.87px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4761.87px;left:979px;white-space:nowrap">Sika AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4761.87px;left:1530.68px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4761.87px;left:3787px;letter-spacing:-5px;white-space:nowrap">			337,380&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5051.11px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5245.99px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5245.99px;left:979px;letter-spacing:-0.46px;white-space:nowrap">Arcosa Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5245.99px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5245.99px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			92,544&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,125&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:979px;white-space:nowrap">Everus Construction Group Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:3047.8px;letter-spacing:30.92px;white-space:nowrap">.........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5440.87px;left:3787px;letter-spacing:-5px;white-space:nowrap">			115,906&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:0px;letter-spacing:-10px;white-space:nowrap">			300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:979px;letter-spacing:-0.64px;white-space:nowrap">Herc Holdings Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5635.75px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			40,281&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:979px;white-space:nowrap">Knife River Corp.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5830.62px;left:3787px;letter-spacing:-5px;white-space:nowrap">			225,525&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6025.5px;left:3787px;letter-spacing:-5px;white-space:nowrap">			964,917&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6314.74px;left:979px;white-space:nowrap">Business Services&#160;&#8212; 0.6%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6509.62px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			40,700&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:979px;white-space:nowrap">JCDecaux SE&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:1944.44px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6704.5px;left:3787px;letter-spacing:-5px;white-space:nowrap">			685,659&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7088.09px;left:979px;white-space:nowrap">Computer Hardware&#160;&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7282.97px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7477.85px;left:0px;letter-spacing:-10px;white-space:nowrap">			300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7477.85px;left:979px;letter-spacing:-0.91px;white-space:nowrap">Dell Technologies Inc., Cl.&#160;C </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7477.85px;left:2771.96px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7477.85px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			27,345&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7861.45px;left:979px;white-space:nowrap">Computer Software and Services&#160;&#8212; 0.6%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8056.32px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8251.2px;left:0px;letter-spacing:-10px;white-space:nowrap">			550&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8251.2px;left:979px;letter-spacing:-0.91px;white-space:nowrap">Check Point Software Technologies Ltd.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8251.2px;left:3599.48px;letter-spacing:46.56px;white-space:nowrap">.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8251.2px;left:3787px;letter-spacing:-5px;white-space:nowrap">			125,356&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8446.08px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			7,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8446.08px;left:979px;white-space:nowrap">Prosus NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8446.08px;left:1668.6px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8446.08px;left:3787px;letter-spacing:-5px;white-space:nowrap">			345,273&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8735.32px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8930.2px;left:0px;letter-spacing:-10px;white-space:nowrap">			150&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8930.2px;left:979px;white-space:nowrap">Global Payments Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8930.2px;left:2358.2px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8930.2px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			14,688&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9125.07px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9125.07px;left:979px;letter-spacing:0.36px;white-space:nowrap">Kyndryl Holdings Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9125.07px;left:2427.16px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9125.07px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			65,940&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9319.95px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9319.95px;left:979px;white-space:nowrap">N-able Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9319.95px;left:1806.52px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9319.95px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			26,942&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9514.83px;left:0px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9514.83px;left:979px;white-space:nowrap">Oracle Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9514.83px;left:1806.52px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9514.83px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			69,905&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9709.71px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9709.71px;left:979px;white-space:nowrap">SolarWinds Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9709.71px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9709.71px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			64,505&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9904.58px;left:3787px;letter-spacing:-5px;white-space:nowrap">			712,609&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:5421.92px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:9075.56px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:9116.92px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:5990.2px;white-space:nowrap">Consumer Products&#160;&#8212; 0.4%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			15,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5990.2px;white-space:nowrap">Essity AB, Cl.&#160;B </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">	$		425,894&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			3,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:5990.2px;white-space:nowrap">Salvatore Ferragamo SpA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:7645.24px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1071.51px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			20,112&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			446,006&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1555.63px;left:5990.2px;white-space:nowrap">Consumer Services&#160;&#8212; 0.4%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1750.5px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			22,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:5990.2px;white-space:nowrap">Matthews International Corp., Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:8196.92px;letter-spacing:31.47px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			489,280&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2328.98px;left:5990.2px;text-rendering:optimizeLegibility;white-space:nowrap">Diversified Industrial&#160;&#8212; 0.4%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2523.86px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2718.74px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2718.74px;left:5990.2px;letter-spacing:-0.48px;white-space:nowrap">Velan Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2718.74px;left:6610.84px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2718.74px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			14,680&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3007.97px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3202.85px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3202.85px;left:5990.2px;white-space:nowrap">Corning Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3202.85px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3202.85px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			22,890&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3397.73px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			17,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3397.73px;left:5990.2px;letter-spacing:-1.48px;white-space:nowrap">Trinity Industries Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3397.73px;left:7369.4px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3397.73px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			477,020&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3592.61px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			514,590&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3881.84px;left:5990.2px;white-space:nowrap">Electronics&#160;&#8212; 2.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4076.72px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4271.6px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			40,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4271.6px;left:5990.2px;white-space:nowrap">Kyocera Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4271.6px;left:6886.68px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4271.6px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			446,830&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4466.48px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4466.48px;left:5990.2px;white-space:nowrap">Signify NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4466.48px;left:6679.8px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4466.48px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			21,561&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4661.36px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			105,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4661.36px;left:5990.2px;white-space:nowrap">Sony Group Corp., ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4661.36px;left:7507.32px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4661.36px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			2,665,950&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4950.59px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.47px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.47px;left:5990.2px;white-space:nowrap">Advanced Micro Devices Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.47px;left:7921.08px;letter-spacing:30.56px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5145.47px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			154,110&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5340.35px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5340.35px;left:5990.2px;letter-spacing:-0.91px;white-space:nowrap">Axcelis Technologies Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5340.35px;left:7714.2px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5340.35px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			39,736&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5535.23px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			2,817&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5535.23px;left:5990.2px;letter-spacing:0.02px;white-space:nowrap">Kimball Electronics Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5535.23px;left:7576.28px;letter-spacing:30.06px;white-space:nowrap">................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5535.23px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			46,339&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5730.11px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5730.11px;left:5990.2px;white-space:nowrap">Proto Labs Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5730.11px;left:7093.56px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5730.11px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			35,040&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5924.98px;left:5011.2px;letter-spacing:-13.33px;white-space:nowrap">			50&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5924.98px;left:5990.2px;letter-spacing:-1.97px;white-space:nowrap">Texas Instruments Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5924.98px;left:7438.36px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5924.98px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			8,985&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6119.86px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6119.86px;left:5990.2px;white-space:nowrap">Universal Display Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6119.86px;left:7507.32px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6119.86px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			13,948&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6314.74px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			3,432,499&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6603.98px;left:5990.2px;white-space:nowrap">Entertainment&#160;&#8212; 1.5%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6798.85px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6993.73px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			180,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6993.73px;left:5990.2px;letter-spacing:-1.32px;white-space:nowrap">Grupo Televisa SAB, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6993.73px;left:7645.24px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6993.73px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			315,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7188.61px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			24,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7188.61px;left:5990.2px;white-space:nowrap">Manchester United plc, Cl.&#160;A&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7188.61px;left:7921.08px;letter-spacing:30.56px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7188.61px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			314,160&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7383.49px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			41,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7383.49px;left:5990.2px;letter-spacing:0.02px;white-space:nowrap">Ollamani SAB&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7383.49px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7383.49px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			91,138&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7672.73px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7867.6px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			18,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7867.6px;left:5990.2px;white-space:nowrap">Fox Corp., Cl.&#160;B </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7867.6px;left:7024.6px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7867.6px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			948,780&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8062.48px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8062.48px;left:5990.2px;letter-spacing:-0.41px;white-space:nowrap">Warner Bros Discovery Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8062.48px;left:7852.12px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8062.48px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			107,300&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8257.36px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,776,378&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8546.6px;left:5990.2px;white-space:nowrap">Financial Services&#160;&#8212; 5.5%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8741.48px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,125&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:5990.2px;text-rendering:optimizeLegibility;white-space:nowrap">Brookfield Asset Management Ltd., Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:8541.72px;letter-spacing:37.76px;white-space:nowrap">..</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			54,506&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			4,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:5990.2px;text-rendering:optimizeLegibility;white-space:nowrap">Brookfield Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:7024.6px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			235,845&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			55,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:5990.2px;letter-spacing:0.27px;white-space:nowrap">Commerzbank AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,247,117&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:5990.2px;white-space:nowrap">Janus Henderson Group plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			361,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			2,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:5990.2px;white-space:nowrap">Kinnevik AB, Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			18,454&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			135,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:5990.2px;white-space:nowrap">Orascom Financial Holding SAE&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:8059px;letter-spacing:30.92px;white-space:nowrap">.........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			1,191&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			100,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:5990.2px;white-space:nowrap">Resona Holdings Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:7369.4px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			858,057&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			27,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:5990.2px;white-space:nowrap">UBS Group AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			827,010&#8204;</div></div>
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		<div style="height:12.40px;left:0px;position:absolute;top:0px;transform:translate(25.200px,612.233px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">
			<div style="width:9792px;height:142.8px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,2.92px) rotate(0deg) scale(0.05)">

			<div style="font-family:Arial, Helvetica, sans-serif;font-size:170px;position:absolute;top:-6.75px;left:4845.96px;white-space:nowrap">4</div></div>
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		<div style="height:33.73px;left:0px;position:absolute;top:0px;transform:translate(18.200px,24.305px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.40px">
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			<div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:-9px;left:0px;letter-spacing:-3.84px;white-space:nowrap">The Gabelli Global Utility &amp; Income Trust</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:279px;left:0px;letter-spacing:-2.4px;white-space:nowrap">Schedule of Investments (Continued) &#8212; March 31, 2025 (Unaudited)</div></div>
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		<div style="background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAB/gAAAATCAYAAACUadXJAAAACXBIWXMAAC4jAAAuIwF4pT92AAAA6ElEQVR4Xu3ZwQ2AMBDAsAN1/52YDEbos0Sy39kg18y8AwAAAAAAAAD82r0LAAAAAAAAAIDzDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAAIMfgAAAAAAAAAIMPgBAAAAAAAAIMDgBwAAAAAAAIAAgx8AAAAAAAAAAgx+AAAAAAAAAAgw+AEAAAAAAAAgwOAHAAAAAAAAgACDHwAAAAAAAAACDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAALWzDy7CAAAAAAAAAA46wMQOQHom10yKQAAAABJRU5ErkJggg==);background-repeat:no-repeat;background-size:cover;height:100.00%;min-width:100%;width:100.00%;left:0px;position:absolute;top:0px"></div></div>
		<div 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rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:490.31px">
			<div style="width:9792px;height:10582.27px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,1.5px) rotate(0deg) scale(0.05)">





















































































































































































































































































































































































			<div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:410.72px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:4064.36px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:4105.72px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:979px;white-space:nowrap">COMMON STOCKS (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:979px;white-space:nowrap">OTHER (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:876.63px;left:979px;white-space:nowrap">Financial Services (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1071.51px;left:979px;white-space:nowrap">Non U.S. Companies (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			20,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:979px;white-space:nowrap">UBS Group AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:1944.44px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:3787px;letter-spacing:-5px;white-space:nowrap">	$		607,438&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1555.63px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:979px;letter-spacing:0.01px;white-space:nowrap">AllianceBernstein Holding LP </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:2840.92px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1750.5px;left:3787px;letter-spacing:-5px;white-space:nowrap">			191,550&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:0px;letter-spacing:-10px;white-space:nowrap">			600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:979px;white-space:nowrap">Bank of America Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:2427.16px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1945.38px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			25,038&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			15,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:979px;letter-spacing:-1.76px;white-space:nowrap">The Bank of New York Mellon Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:3254.68px;letter-spacing:31.89px;white-space:nowrap">......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2140.26px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,299,985&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:0px;letter-spacing:-10px;white-space:nowrap">			350&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:979px;white-space:nowrap">The Goldman Sachs Group Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:2978.84px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2335.14px;left:3787px;letter-spacing:-5px;white-space:nowrap">			191,202&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2530.02px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			24,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2530.02px;left:979px;white-space:nowrap">UGI Corp.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2530.02px;left:1601.24px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2530.02px;left:3787px;letter-spacing:-5px;white-space:nowrap">			810,215&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2724.89px;left:0px;letter-spacing:-10px;white-space:nowrap">			500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2724.89px;left:979px;letter-spacing:-0.45px;white-space:nowrap">Wells Fargo &amp; Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2724.89px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2724.89px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			35,895&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2919.77px;left:3787px;letter-spacing:-4px;white-space:nowrap">			6,765,003&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3209.01px;left:979px;white-space:nowrap">Food and Beverage&#160;&#8212; 5.5%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3403.89px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3598.77px;left:0px;letter-spacing:-10px;white-space:nowrap">			100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3598.77px;left:979px;white-space:nowrap">Chocoladefabriken Lindt &amp; Spruengli AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3598.77px;left:3530.52px;letter-spacing:37.76px;white-space:nowrap">..</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3598.77px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,349,610&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3793.64px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			35,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3793.64px;left:979px;white-space:nowrap">Davide Campari-Milano NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3793.64px;left:2703px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3793.64px;left:3787px;letter-spacing:-5px;white-space:nowrap">			204,895&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3988.52px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			7,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3988.52px;left:979px;white-space:nowrap">Diageo plc, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3988.52px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3988.52px;left:3787px;letter-spacing:-5px;white-space:nowrap">			733,530&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4183.4px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4183.4px;left:979px;letter-spacing:-3.68px;white-space:nowrap">Fomento Economico Mexicano SAB de CV, </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4375.4px;left:1123px;white-space:nowrap">ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4375.4px;left:1461.72px;letter-spacing:29.51px;white-space:nowrap">................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4375.4px;left:3787px;letter-spacing:-5px;white-space:nowrap">			526,932&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4570.28px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			6,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4570.28px;left:979px;white-space:nowrap">Heineken NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4570.28px;left:1806.52px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4570.28px;left:3787px;letter-spacing:-5px;white-space:nowrap">			489,050&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4765.15px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4765.15px;left:979px;letter-spacing:0.48px;white-space:nowrap">Kerry Group plc, Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4765.15px;left:2358.2px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4765.15px;left:3787px;letter-spacing:-5px;white-space:nowrap">			105,373&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4960.03px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			20,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4960.03px;left:979px;white-space:nowrap">Kikkoman Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4960.03px;left:2013.4px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4960.03px;left:3787px;letter-spacing:-5px;white-space:nowrap">			192,146&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5154.91px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			45,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5154.91px;left:979px;white-space:nowrap">Maple Leaf Foods Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5154.91px;left:2427.16px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5154.91px;left:3787px;letter-spacing:-5px;white-space:nowrap">			797,892&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5349.79px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5349.79px;left:979px;white-space:nowrap">Nestl&#233; SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5349.79px;left:1599.64px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5349.79px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,009,834&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5544.67px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5544.67px;left:979px;white-space:nowrap">Pernod Ricard SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5544.67px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5544.67px;left:3787px;letter-spacing:-5px;white-space:nowrap">			197,359&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5739.54px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5739.54px;left:979px;white-space:nowrap">Remy Cointreau SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5739.54px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5739.54px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			93,294&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5934.42px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			11,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5934.42px;left:979px;letter-spacing:-1.26px;white-space:nowrap">Yakult Honsha Co. Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5934.42px;left:2427.16px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5934.42px;left:3787px;letter-spacing:-5px;white-space:nowrap">			209,271&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6223.66px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6418.54px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6418.54px;left:979px;letter-spacing:-0.29px;white-space:nowrap">McCormick &amp; Co. Inc., Non-Voting </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6418.54px;left:3185.72px;letter-spacing:31.47px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6418.54px;left:3787px;letter-spacing:-5px;white-space:nowrap">			823,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6613.42px;left:3787px;letter-spacing:-4px;white-space:nowrap">			6,732,286&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6902.65px;left:979px;white-space:nowrap">Health Care&#160;&#8212; 0.6%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7097.53px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7292.41px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			27,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7292.41px;left:979px;text-rendering:optimizeLegibility;white-space:nowrap">Pfizer Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7292.41px;left:1668.6px;letter-spacing:29.57px;white-space:nowrap">.............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7292.41px;left:3787px;letter-spacing:-5px;white-space:nowrap">			689,248&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7676.01px;left:979px;white-space:nowrap">Hotels and Gaming&#160;&#8212; 0.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7870.88px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8065.76px;left:0px;letter-spacing:-5px;white-space:nowrap">			150,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8065.76px;left:979px;white-space:nowrap">Genting Singapore Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8065.76px;left:2496.12px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8065.76px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			83,733&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8260.64px;left:0px;letter-spacing:-5px;white-space:nowrap">			350,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8260.64px;left:979px;white-space:nowrap">Mandarin Oriental International Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8260.64px;left:3254.68px;letter-spacing:31.89px;white-space:nowrap">......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8260.64px;left:3787px;letter-spacing:-5px;white-space:nowrap">			612,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8455.52px;left:0px;letter-spacing:-5px;white-space:nowrap">			350,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8455.52px;left:979px;white-space:nowrap">The Hongkong &amp; Shanghai Hotels Ltd. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8455.52px;left:3461.56px;letter-spacing:34.83px;white-space:nowrap">...</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8455.52px;left:3787px;letter-spacing:-5px;white-space:nowrap">			256,829&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8650.4px;left:3787px;letter-spacing:-5px;white-space:nowrap">			953,062&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8939.63px;left:979px;letter-spacing:0.32px;white-space:nowrap">Machinery&#160;&#8212; 1.6%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9134.51px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9329.39px;left:0px;letter-spacing:-5px;white-space:nowrap">			154,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9329.39px;left:979px;white-space:nowrap">CNH Industrial NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9329.39px;left:2151.32px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9329.39px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,897,260&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9712.99px;left:979px;white-space:nowrap">Metals and Mining&#160;&#8212; 0.4%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9907.87px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10102.74px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			14,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10102.74px;left:979px;white-space:nowrap">Freeport-McMoRan Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10102.74px;left:2496.12px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10102.74px;left:3787px;letter-spacing:-5px;white-space:nowrap">			548,970&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:5421.92px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:9075.56px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:9116.92px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:5990.2px;white-space:nowrap">Semiconductors&#160;&#8212; 0.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,873&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:5990.2px;white-space:nowrap">GLOBALFOUNDRIES Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:7714.2px;letter-spacing:30.22px;white-space:nowrap">..............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:876.63px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">	$		69,132&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1165.87px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1360.75px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			890&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1360.75px;left:5990.2px;white-space:nowrap">Broadcom Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1360.75px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1360.75px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			149,013&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1555.63px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			218,145&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1844.86px;left:5990.2px;white-space:nowrap">Specialty Chemicals&#160;&#8212; 2.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2039.74px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2234.62px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2234.62px;left:5990.2px;white-space:nowrap">Axalta Coating Systems Ltd.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2234.62px;left:7852.12px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2234.62px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			59,706&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			528&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:5990.2px;white-space:nowrap">Givaudan SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2429.5px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			2,266,694&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2718.74px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2913.61px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			2,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2913.61px;left:5990.2px;white-space:nowrap">Rogers Corp.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2913.61px;left:6955.64px;letter-spacing:29.66px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2913.61px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			135,060&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3108.49px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			2,461,460&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3397.73px;left:5990.2px;letter-spacing:-0.85px;white-space:nowrap">Transportation&#160;&#8212; 0.5%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3592.61px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3787.48px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			4,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3787.48px;left:5990.2px;letter-spacing:-1.76px;white-space:nowrap">GATX Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3787.48px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3787.48px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			621,080&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4171.08px;left:5990.2px;letter-spacing:-1.47px;white-space:nowrap">TOTAL OTHER </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4171.08px;left:6977.07px;letter-spacing:32.73px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4171.08px;left:8798.2px;letter-spacing:-3.64px;white-space:nowrap">			34,066,351&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:4365.96px;left:6024.2px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4460.32px;left:5990.2px;letter-spacing:-0.63px;white-space:nowrap">COMMUNICATIONS&#160;&#8212; 15.9%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4655.2px;left:5990.2px;white-space:nowrap">Cable and Satellite&#160;&#8212; 2.6%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:4850.08px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5044.95px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			13,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5044.95px;left:5990.2px;white-space:nowrap">Cogeco Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5044.95px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5044.95px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			573,461&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5239.83px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			75,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5239.83px;left:5990.2px;white-space:nowrap">ITV plc </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5239.83px;left:6472.92px;letter-spacing:29.51px;white-space:nowrap">................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5239.83px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			76,391&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5434.71px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			50,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5434.71px;left:5990.2px;white-space:nowrap">Liberty Latin America Ltd., Cl.&#160;A&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5434.71px;left:8127.96px;letter-spacing:31.16px;white-space:nowrap">........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5434.71px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			316,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.59px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			3,632&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.59px;left:5990.2px;white-space:nowrap">Liberty Latin America Ltd., Cl.&#160;C&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.59px;left:8127.96px;letter-spacing:31.16px;white-space:nowrap">........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5629.59px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			22,555&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5824.47px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5824.47px;left:5990.2px;white-space:nowrap">Naspers Ltd., Cl.&#160;N </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5824.47px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5824.47px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			369,621&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6019.34px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			42,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6019.34px;left:5990.2px;white-space:nowrap">Rogers Communications Inc., Cl.&#160;B</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6019.34px;left:8198.82px;letter-spacing:31.47px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6019.34px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,122,660&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6308.58px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.46px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.46px;left:5990.2px;white-space:nowrap">Charter Communications Inc., Cl.&#160;A&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.46px;left:8334.84px;letter-spacing:32.48px;white-space:nowrap">.....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6503.46px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			73,706&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.34px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			14,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.34px;left:5990.2px;white-space:nowrap">Comcast Corp., Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.34px;left:7300.44px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6698.34px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			535,050&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6893.21px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			3,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6893.21px;left:5990.2px;white-space:nowrap">EchoStar Corp., Cl.&#160;A&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6893.21px;left:7438.36px;letter-spacing:29.94px;white-space:nowrap">..................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6893.21px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			76,740&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7088.09px;left:5011.2px;letter-spacing:-10px;white-space:nowrap">			168&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7088.09px;left:5990.2px;white-space:nowrap">Liberty Broadband Corp., Cl.&#160;B&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7088.09px;left:7990.04px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7088.09px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			15,010&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7282.97px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			3,181,694&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7572.21px;left:5990.2px;letter-spacing:-0.66px;white-space:nowrap">Telecommunications&#160;&#8212; 11.2%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7767.09px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7961.96px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			32,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7961.96px;left:5990.2px;white-space:nowrap">BCE Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7961.96px;left:6541.88px;letter-spacing:29.53px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7961.96px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			734,720&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8156.84px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			103,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8156.84px;left:5990.2px;white-space:nowrap">BT Group plc, Cl.&#160;A </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8156.84px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8156.84px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			220,664&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8351.72px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			25,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8351.72px;left:5990.2px;letter-spacing:-1.48px;white-space:nowrap">Deutsche Telekom AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8351.72px;left:7369.4px;letter-spacing:29.89px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8351.72px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			925,052&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8546.6px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			52,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8546.6px;left:5990.2px;letter-spacing:-1.48px;white-space:nowrap">Deutsche Telekom AG, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8546.6px;left:7783.16px;letter-spacing:30.31px;white-space:nowrap">.............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8546.6px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,935,054&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8741.48px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			17,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8741.48px;left:5990.2px;white-space:nowrap">Eurotelesites AG&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8741.48px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8741.48px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			98,020&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			11,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:5990.2px;white-space:nowrap">Itissalat Al-Maghrib </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8936.35px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			89,207&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">			445,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:5990.2px;white-space:nowrap">Koninklijke KPN NV </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9131.23px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,884,776&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			31,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:5990.2px;white-space:nowrap">Liberty Global Ltd., Cl.&#160;A&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:7645.24px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9326.11px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			356,810&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			75,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:5990.2px;white-space:nowrap">Orange Belgium SA&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:7300.44px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9520.99px;left:8798.2px;letter-spacing:-4px;white-space:nowrap">			1,232,682&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			5,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:5990.2px;white-space:nowrap">Orange SA, ADR</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:7025.71px;letter-spacing:29.69px;white-space:nowrap">........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9715.87px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			64,650&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			27,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:5990.2px;white-space:nowrap">Orascom Investment Holding, GDR&#8224;(a) </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:8472.76px;letter-spacing:34.83px;white-space:nowrap">...</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9910.74px;left:8798.2px;letter-spacing:-10px;white-space:nowrap">			378&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			60,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:5990.2px;white-space:nowrap">Pharol SGPS SA&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:7162.52px;letter-spacing:29.76px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10105.62px;left:8798.2px;letter-spacing:-6.67px;white-space:nowrap">			3,439&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:5011.2px;letter-spacing:-5.71px;white-space:nowrap">			17,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:5990.2px;white-space:nowrap">Proximus SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:10300.5px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			125,458&#8204;</div></div>
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		<div style="height:12.40px;left:0px;position:absolute;top:0px;transform:translate(25.200px,612.233px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.60px">
			<div style="width:9792px;height:142.8px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,2.92px) rotate(0deg) scale(0.05)">

			<div style="font-family:Arial, Helvetica, sans-serif;font-size:170px;position:absolute;top:-6.75px;left:4845.96px;white-space:nowrap">5</div></div>
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		<div style="height:33.73px;left:0px;position:absolute;top:0px;transform:translate(18.200px,24.305px) rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:489.40px">
			<div style="width:9788px;height:576px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,3.93px) rotate(0deg) scale(0.05)">


			<div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:-9px;left:0px;letter-spacing:-3.84px;white-space:nowrap">The Gabelli Global Utility &amp; Income Trust</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:230px;font-weight:bold;position:absolute;top:279px;left:0px;letter-spacing:-2.4px;white-space:nowrap">Schedule of Investments (Continued) &#8212; March 31, 2025 (Unaudited)</div></div>
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		<div style="background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAB/gAAAATCAYAAACUadXJAAAACXBIWXMAAC4jAAAuIwF4pT92AAAA6ElEQVR4Xu3ZwQ2AMBDAsAN1/52YDEbos0Sy39kg18y8AwAAAAAAAAD82r0LAAAAAAAAAIDzDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAAIMfgAAAAAAAAAIMPgBAAAAAAAAIMDgBwAAAAAAAIAAgx8AAAAAAAAAAgx+AAAAAAAAAAgw+AEAAAAAAAAgwOAHAAAAAAAAgACDHwAAAAAAAAACDH4AAAAAAAAACDD4AQAAAAAAACDA4AcAAAAAAACAAIMfAAAAAAAAAALWzDy7CAAAAAAAAAA46wMQOQHom10yKQAAAABJRU5ErkJggg==);background-repeat:no-repeat;background-size:cover;height:100.00%;min-width:100%;width:100.00%;left:0px;position:absolute;top:0px"></div></div>
		<div style="background-image:url(data:image/png;base64,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rotate(0.000deg) skew(0.000deg) scale(1.000,1.000);transform-origin:0% 0%;width:502.56px">
			<div style="width:9792px;height:10582.27px;position:absolute;top:0px;left:0px;transform-origin:0% 0%;transform:translate(0px,1.5px) rotate(0deg) scale(0.05)">



































































































































































































































































































































			<div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:410.72px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:4064.36px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:4105.72px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:979px;white-space:nowrap">COMMON STOCKS (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:979px;letter-spacing:-0.55px;white-space:nowrap">COMMUNICATIONS (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:876.63px;left:979px;letter-spacing:-0.59px;white-space:nowrap">Telecommunications (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1071.51px;left:979px;white-space:nowrap">Non U.S. Companies (Continued)</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:979px;white-space:nowrap">Sunrise Communications AG, Cl.&#160;A&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:3254.68px;letter-spacing:31.89px;white-space:nowrap">......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:3787px;letter-spacing:-5px;white-space:nowrap">	$		482,649&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:979px;white-space:nowrap">Swisscom AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:1875.48px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1461.27px;left:3787px;letter-spacing:-5px;white-space:nowrap">			633,492&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:0px;letter-spacing:-5px;white-space:nowrap">			200,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:979px;letter-spacing:-1.48px;white-space:nowrap">Telecom Italia SpA&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1656.14px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			67,214&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			17,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:979px;letter-spacing:-1.08px;white-space:nowrap">Telefonica Brasil SA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:2634.04px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1851.02px;left:3787px;letter-spacing:-5px;white-space:nowrap">			148,240&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:0px;letter-spacing:-5px;white-space:nowrap">			230,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:979px;letter-spacing:-1.08px;white-space:nowrap">Telefonica Deutschland Holding AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:3185.72px;letter-spacing:31.47px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2045.9px;left:3787px;letter-spacing:-5px;white-space:nowrap">			542,661&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			80,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:979px;letter-spacing:-1.08px;white-space:nowrap">Telefonica SA, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2240.78px;left:3787px;letter-spacing:-5px;white-space:nowrap">			372,800&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			70,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:979px;letter-spacing:-1.48px;white-space:nowrap">Telekom Austria AG </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2435.66px;left:3787px;letter-spacing:-5px;white-space:nowrap">			653,970&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			46,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:979px;letter-spacing:-1.48px;white-space:nowrap">Telesat Corp.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:1875.48px;letter-spacing:29.64px;white-space:nowrap">..........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2630.53px;left:3787px;letter-spacing:-5px;white-space:nowrap">			866,180&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:979px;white-space:nowrap">TELUS Corp. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:1806.52px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2825.41px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			71,714&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:979px;white-space:nowrap">VEON Ltd., ADR&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:2082.36px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3020.29px;left:3787px;letter-spacing:-5px;white-space:nowrap">			436,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3309.53px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3504.41px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			4,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3504.41px;left:979px;letter-spacing:-1.76px;white-space:nowrap">AT&amp;T Inc.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3504.41px;left:1601.4px;letter-spacing:29.55px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3504.41px;left:3787px;letter-spacing:-5px;white-space:nowrap">			113,120&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3699.28px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3699.28px;left:979px;white-space:nowrap">Cisco Systems Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3699.28px;left:2220.28px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3699.28px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			61,710&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3894.16px;left:0px;letter-spacing:-10px;white-space:nowrap">			100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3894.16px;left:979px;white-space:nowrap">Motorola Solutions Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3894.16px;left:2496.12px;letter-spacing:30px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3894.16px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			43,781&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4089.04px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,430&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4089.04px;left:979px;letter-spacing:-0.62px;white-space:nowrap">Shenandoah Telecommunications Co. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4089.04px;left:3392.6px;letter-spacing:33.36px;white-space:nowrap">....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4089.04px;left:3787px;letter-spacing:-5px;white-space:nowrap">			131,105&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4283.92px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			15,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4283.92px;left:979px;letter-spacing:-1.18px;white-space:nowrap">Telephone and Data Systems Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4283.92px;left:3116.76px;letter-spacing:31.16px;white-space:nowrap">........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4283.92px;left:3787px;letter-spacing:-5px;white-space:nowrap">			581,100&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:0px;letter-spacing:-10px;white-space:nowrap">			900&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:979px;letter-spacing:-0.98px;white-space:nowrap">T-Mobile US Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:2082.36px;letter-spacing:29.73px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4478.8px;left:3787px;letter-spacing:-5px;white-space:nowrap">			240,039&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,200&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:979px;letter-spacing:-0.36px;white-space:nowrap">Verizon Communications Inc. </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:2840.92px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4673.67px;left:3787px;letter-spacing:-5px;white-space:nowrap">			462,672&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4868.55px;left:3787px;letter-spacing:-3.64px;white-space:nowrap">			13,579,457&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5157.79px;left:979px;white-space:nowrap">Wireless Communications&#160;&#8212; 2.1%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5352.67px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5547.54px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			3,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5547.54px;left:979px;letter-spacing:-3.68px;white-space:nowrap">America Movil SAB de CV, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5547.54px;left:2978.84px;letter-spacing:30.72px;white-space:nowrap">..........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5547.54px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			42,660&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5742.42px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5742.42px;left:979px;white-space:nowrap">Infrastrutture Wireless Italiane SpA</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5742.42px;left:3187.12px;letter-spacing:31.47px;white-space:nowrap">.......</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5742.42px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			52,930&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5937.3px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			5,400&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5937.3px;left:979px;letter-spacing:-1.48px;white-space:nowrap">SK Telecom Co. Ltd., ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5937.3px;left:2634.04px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5937.3px;left:3787px;letter-spacing:-5px;white-space:nowrap">			114,804&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6132.18px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			28,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6132.18px;left:979px;letter-spacing:-1.3px;white-space:nowrap">Turkcell Iletisim Hizmetleri A/S, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6132.18px;left:3323.64px;letter-spacing:32.48px;white-space:nowrap">.....</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6132.18px;left:3787px;letter-spacing:-5px;white-space:nowrap">			174,160&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6327.06px;left:0px;letter-spacing:-5px;white-space:nowrap">			115,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6327.06px;left:979px;letter-spacing:-0.32px;white-space:nowrap">Vodafone Group plc, ADR </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6327.06px;left:2634.04px;letter-spacing:30.13px;white-space:nowrap">...............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6327.06px;left:3787px;letter-spacing:-4px;white-space:nowrap">			1,077,550&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:6616.29px;left:979px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6811.17px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			6,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6811.17px;left:979px;white-space:nowrap">Anterix Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6811.17px;left:1806.52px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6811.17px;left:3787px;letter-spacing:-5px;white-space:nowrap">			219,600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7006.05px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			13,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7006.05px;left:979px;white-space:nowrap">United States Cellular Corp.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7006.05px;left:2840.92px;letter-spacing:30.43px;white-space:nowrap">............</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7006.05px;left:3787px;letter-spacing:-5px;white-space:nowrap">			898,950&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7200.93px;left:0px;letter-spacing:-6.67px;white-space:nowrap">			1,600&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7200.93px;left:979px;white-space:nowrap">Vimeo Inc.&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7200.93px;left:1737.56px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7200.93px;left:3787px;letter-spacing:-6.67px;white-space:nowrap">			8,416&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7395.81px;left:3787px;letter-spacing:-4px;white-space:nowrap">			2,589,070&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7685.04px;left:979px;letter-spacing:-1.47px;white-space:nowrap">TOTAL COMMUNICATIONS </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7685.04px;left:2706.01px;letter-spacing:35.81px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7685.04px;left:3787px;letter-spacing:-3.64px;white-space:nowrap">			19,350,221&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:7879.92px;left:1013px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7974.28px;left:979px;letter-spacing:-0.63px;white-space:nowrap">WIRELESS COMMUNICATIONS&#160;&#8212; 0.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8169.16px;left:979px;white-space:nowrap">Wireless Communications&#160;&#8212; 0.8%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:8364.04px;left:979px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8558.91px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			32,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8558.91px;left:979px;letter-spacing:0.02px;white-space:nowrap">Millicom International Cellular SA </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8558.91px;left:3116.76px;letter-spacing:31.16px;white-space:nowrap">........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8558.91px;left:3787px;letter-spacing:-5px;white-space:nowrap">			983,775&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:8942.51px;left:1013px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9038.31px;left:979px;letter-spacing:-1.47px;white-space:nowrap">TOTAL COMMON STOCKS </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9038.31px;left:2706.01px;letter-spacing:35.81px;white-space:nowrap">...........</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9038.31px;left:3787px;letter-spacing:-3.33px;white-space:nowrap">			121,330,914&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9387.6px;left:979px;white-space:nowrap">CLOSED-END FUNDS</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:9387.6px;left:2383.47px;white-space:nowrap">&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9582.48px;left:0px;letter-spacing:-5.71px;white-space:nowrap">			10,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9582.48px;left:979px;white-space:nowrap">Altaba Inc., Escrow&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9582.48px;left:2289.24px;letter-spacing:29.84px;white-space:nowrap">....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9582.48px;left:3787px;letter-spacing:-5.71px;white-space:nowrap">			15,250&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:9966.07px;left:1013px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:5421.92px;white-space:nowrap">Shares</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:40px;left:9075.56px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:232px;left:9116.92px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:5990.2px;letter-spacing:-0.36px;white-space:nowrap">WARRANTS</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:486.88px;left:6800.76px;white-space:nowrap">&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:681.75px;left:5990.2px;white-space:nowrap">ENERGY AND UTILITIES&#160;&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:876.63px;left:5990.2px;white-space:nowrap">Natural Resources&#160;&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1071.51px;left:5990.2px;white-space:nowrap">U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,500&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1266.39px;left:5990.2px;white-space:nowrap">Occidental Petroleum Corp., expire </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1458.39px;left:6134.2px;white-space:nowrap">08/03/27&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1458.39px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:1458.39px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">	$		41,505&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:1841.99px;left:6024.2px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:1936.35px;left:5990.2px;white-space:nowrap">OTHER&#160;&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2131.22px;left:5990.2px;text-rendering:optimizeLegibility;white-space:nowrap">Diversified Industrial&#160;&#8212; 0.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:2326.1px;left:5990.2px;white-space:nowrap">Non U.S. Companies </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2520.98px;left:5011.2px;letter-spacing:-6.67px;white-space:nowrap">			1,250&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2520.98px;left:5990.2px;white-space:nowrap">SDCL EDGE Acquisition Corp., expire </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2712.98px;left:6134.2px;white-space:nowrap">12/31/28&#8224; </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2712.98px;left:6817.72px;letter-spacing:29.61px;white-space:nowrap">...........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:2712.98px;left:8798.2px;letter-spacing:-13.33px;white-space:nowrap">			37&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:3096.58px;left:6024.2px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3192.38px;left:5990.2px;letter-spacing:-1.47px;white-space:nowrap">TOTAL WARRANTS </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3192.38px;left:7223.78px;letter-spacing:33.4px;white-space:nowrap">.................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:3192.38px;left:8798.2px;letter-spacing:-5.71px;white-space:nowrap">			41,542&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3481.61px;left:5149.84px;white-space:nowrap">Principal</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3673.61px;left:5194.24px;white-space:nowrap">Amount</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3928.49px;left:5990.2px;letter-spacing:-0.8px;white-space:nowrap">U.S. GOVERNMENT OBLIGATIONS</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:3928.49px;left:8243.79px;white-space:nowrap">&#8212; 0.3%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4123.37px;left:5011.2px;letter-spacing:-5px;white-space:nowrap">	$		320,000&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4123.37px;left:5990.2px;letter-spacing:-1px;white-space:nowrap">U.S. Treasury Bills,</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4318.25px;left:6134.2px;white-space:nowrap">4.228% to 4.233%&#8224;&#8224;, 06/12/25 to </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4510.25px;left:6134.2px;white-space:nowrap">06/20/25 </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4510.25px;left:6748.76px;letter-spacing:29.59px;white-space:nowrap">............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:4510.25px;left:8798.2px;letter-spacing:-5px;white-space:nowrap">			317,211&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:1px;position:absolute;top:4893.85px;left:6024.2px;letter-spacing:29.27px;white-space:nowrap">..............................................................................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:5188.01px;left:5990.2px;letter-spacing:-1.47px;white-space:nowrap">TOTAL INVESTMENTS &#8212; 100.0%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5384.32px;left:5990.2px;white-space:nowrap">(Cost $83,246,212) </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5384.32px;left:7231.48px;letter-spacing:29.8px;white-space:nowrap">.....................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5384.32px;left:8798.2px;letter-spacing:-3.33px;white-space:nowrap">	$		121,704,917&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:5822.2px;left:5011.2px;white-space:nowrap">(a)	Security is valued using significant unobservable inputs and is classified </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6002.2px;left:5371.2px;letter-spacing:-0.32px;white-space:nowrap">as Level 3 in the fair value hierarchy.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6197.08px;left:5011.2px;white-space:nowrap">&#8224;	Non-income producing security.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6391.96px;left:5011.2px;letter-spacing:-0.36px;white-space:nowrap">&#8224;&#8224;	Represents annualized yields at dates of purchase.</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6666.84px;left:5011.2px;white-space:nowrap">ADR</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6666.84px;left:5443.2px;white-space:nowrap">American Depositary Receipt</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6861.71px;left:5011.2px;white-space:nowrap">GDR</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:6861.71px;left:5443.2px;white-space:nowrap">Global Depositary Receipt</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7436.59px;left:5011.2px;white-space:nowrap">Geographic Diversification</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7244.59px;left:7641.76px;letter-spacing:-2.37px;white-space:nowrap">% of Total</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7436.59px;left:7573.68px;white-space:nowrap">Investments</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7244.59px;left:9016.06px;white-space:nowrap">Market</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:130px;font-weight:bold;position:absolute;top:7436.59px;left:9057.42px;letter-spacing:-0.58px;white-space:nowrap">Value</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7663.47px;left:5011.2px;white-space:nowrap">North America </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7663.47px;left:5971.2px;letter-spacing:21.45px;white-space:nowrap">......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7663.47px;left:7343.2px;letter-spacing:-8px;white-space:nowrap">		55.2&#8204;%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7663.47px;left:8667.2px;letter-spacing:-3.64px;white-space:nowrap">	$		67,158,196&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7858.35px;left:5011.2px;white-space:nowrap">Europe </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7858.35px;left:5491.2px;letter-spacing:21.07px;white-space:nowrap">..............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7858.35px;left:7343.2px;letter-spacing:-8px;white-space:nowrap">		36.7&#8204;&#160;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:7858.35px;left:8667.2px;letter-spacing:-3.64px;white-space:nowrap">			44,637,281&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8053.23px;left:5011.2px;white-space:nowrap">Japan </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8053.23px;left:5431.2px;letter-spacing:21.03px;white-space:nowrap">...............................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8053.23px;left:7343.2px;letter-spacing:-10px;white-space:nowrap">		4.5&#8204;&#160;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8053.23px;left:8667.2px;letter-spacing:-4px;white-space:nowrap">			5,496,965&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8248.1px;left:5011.2px;text-rendering:optimizeLegibility;white-space:nowrap">Asia/Pacific </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8248.1px;left:5791.2px;letter-spacing:21.28px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8248.1px;left:7343.2px;letter-spacing:-10px;white-space:nowrap">		2.0&#8204;&#160;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8248.1px;left:8667.2px;letter-spacing:-4px;white-space:nowrap">			2,433,395&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8442.98px;left:5011.2px;white-space:nowrap">Latin America </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8442.98px;left:5911.2px;letter-spacing:21.39px;white-space:nowrap">.......................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8442.98px;left:7343.2px;letter-spacing:-10px;white-space:nowrap">		1.2&#8204;&#160;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8442.98px;left:8667.2px;letter-spacing:-4px;white-space:nowrap">			1,518,683&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8637.86px;left:5011.2px;white-space:nowrap">South Africa </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8637.86px;left:5791.2px;letter-spacing:21.28px;white-space:nowrap">.........................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8637.86px;left:7343.2px;letter-spacing:-10px;white-space:nowrap">		0.3&#8204;&#160;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8637.86px;left:8667.2px;letter-spacing:-5px;white-space:nowrap">			369,621&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8832.74px;left:5011.2px;white-space:nowrap">Africa/Middle East</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8832.74px;left:6153.1px;letter-spacing:21.68px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8832.74px;left:7343.2px;letter-spacing:-10px;white-space:nowrap">		0.1&#8204;&#160;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:8832.74px;left:8667.2px;letter-spacing:-5.71px;white-space:nowrap">			90,776&#8204;</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9095.62px;left:5011.2px;letter-spacing:-1.97px;white-space:nowrap">Total Investments </div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9095.62px;left:6151.2px;letter-spacing:21.68px;white-space:nowrap">...................</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9095.62px;left:7343.2px;letter-spacing:-5.71px;white-space:nowrap">	100.0&#8204;%</div><div style="font-family:Arial, Helvetica, sans-serif;font-size:140px;position:absolute;top:9095.62px;left:8667.2px;letter-spacing:-3.33px;white-space:nowrap">	$	121,704,917&#8204;</div></div>
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</DOCUMENT>
</SEC-DOCUMENT>
