# EDGAR Filing Document

**Accession Number:** 0001080720
**File Stem:** 0001752724-23-049995
**Filing Date:** 2023-3
**Character Count:** 72319
**Document Hash:** e516f3b7f62773ea4eb6eac4ac4936cf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049995.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049995

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09243
- **FILM NUMBER:** 23692169

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GABELLI UTILITY FUND
- **DATE OF NAME CHANGE:** 19990225

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Gabelli Utility Trust

- **b. Investment Company Act file number:** 811-09243

- **c. CIK number of Registrant:** 0001080720

- **d. LEI of Registrant:** 549300TMXE7MFFNTOM48

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

**Item A.2. Information about the Series.**

- **a. Name of Series:** Gabelli Utility Trust

- **c. LEI of Series:** 549300TMXE7MFFNTOM48

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $343776231.84

**Total Liabilities:** $73526922.70

**Net Assets:** $270249309.14

**Cash Not Reported:** $298123.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -0.54%               | 8.30%                | 3.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-284232.11              | $14689313.42                               |
| Month 2  | $-167910.20              | $18120648.07                               |
| Month 3  | $5215627.27              | $-10497333.09                              |

### Schedule of Portfolio Investments

| Name                           | Title                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Air Products and Chemicals Inc | Air Products and Chemicals Inc                      | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |       200 | NS      | $61652.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                    | Avista Corp                                         | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     45000 | NS      | $1995300.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Iveco Group NV                 | Iveco Group NV                                      | CUSIP: 000000000<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |     48000 | NS      | $285578.93    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp      | Chesapeake Utilities Corp                           | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      9000 | NS      | $1063620.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sistema PJSFC                  | Sistema PJSFC                                       | CUSIP: 48122U204<br>LEI: 213800JSZ2UUK4QQK694 | Long             | EC               | CORP              | RU        |    130000 | NS      | $65000.00     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| EDP - Energias de Portugal SA  | EDP - Energias de Portugal SA                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | EC               | CORP              | PT        |      7595 | NS      | $37853.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Partners LP     | NextEra Energy Partners LP                          | CUSIP: 65341B106<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | EC               | CORP              | US        |     46250 | NS      | $3241662.50   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Medmix AG                      | Medmix AG                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |       600 | NS      | $11420.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries I | Hawaiian Electric Industries Inc                    | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     82000 | NS      | $3431700.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE Inc                        | BCE Inc                                             | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |     12000 | NS      | $527400.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14415000 | PA      | $14343403.43  | 5.31%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mueller Industries Inc         | Mueller Industries Inc                              | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     29000 | NS      | $1711000.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc            | Clearway Energy Inc                                 | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      3300 | NS      | $105171.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                      | Linde PLC                                           | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |       300 | NS      | $97854.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co   | Portland General Electric Co                        | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     58250 | NS      | $2854250.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Emera Inc                      | Emera Inc                                           | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |      6500 | NS      | $248430.58    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Operadora De Sites Mexicanos S | Operadora De Sites Mexicanos SAB de CV              | CUSIP: 000000000<br>LEI: 4469000001BRCBO8VP14 | Long             | EC               | CORP              | MX        |      1200 | NS      | $1176.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc               | DT Midstream Inc                                    | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $442080.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Evoqua Water Technologies Corp | Evoqua Water Technologies Corp                      | CUSIP: 30057T105<br>LEI: 529900YQAOMEZRGRRP43 | Long             | EC               | CORP              | US        |      1300 | NS      | $51480.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC             | Vodafone Group PLC                                  | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    190000 | NS      | $1922800.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International           | Edison International                                | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     65000 | NS      | $4135300.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2205000 | PA      | $2191745.55   | 0.81%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alstom SA                      | Alstom SA                                           | CUSIP: 000000000<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |      2000 | NS      | $48855.34     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA        | Veolia Environnement SA                             | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     27712 | NS      | $711943.45    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou | Public Service Enterprise Group Inc                 | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     31450 | NS      | $1926941.50   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantica Sustainable Infrastr | Atlantica Sustainable Infrastructure PLC            | CUSIP: 000000000<br>LEI: 549300ITBBGKJ651R879 | Long             | EC               | CORP              | GB        |      1800 | NS      | $46620.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                                     | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      6500 | NS      | $910000.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                   | Entergy Corp                                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      4200 | NS      | $472500.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Landis+Gyr Group AG            | Landis+Gyr Group AG                                 | CUSIP: 000000000<br>LEI: 529900PZYVAKCYSLFL19 | Long             | EC               | CORP              | CH        |      2700 | NS      | $190531.55    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc     | Mueller Water Products Inc                          | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |      2965 | NS      | $31903.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc            | Dominion Energy Inc                                 | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     45500 | NS      | $2790060.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Artesian Resources Corp        | Artesian Resources Corp                             | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23000 | NS      | $1347340.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                | Xcel Energy Inc                                     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    143850 | NS      | $10085323.50  | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp/The                   | AES Corp/The                                        | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    240000 | NS      | $6902400.00   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC               | Severn Trent PLC                                    | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |    143000 | NS      | $4583044.82   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Electric Power Co Inc   | Kyushu Electric Power Co Inc                        | CUSIP: 000000000<br>LEI: 549300BYNZPLKQVQH430 | Long             | EC               | CORP              | JP        |     22000 | NS      | $124718.07    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                   | Enbridge Inc                                        | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     99500 | NS      | $3890450.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hera SpA                       | Hera SpA                                            | CUSIP: 000000000<br>LEI: 8156009414FD99443B48 | Long             | EC               | CORP              | IT        |    560000 | NS      | $1510019.59   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| GAM Holding AG                 | GAM Holding AG                                      | CUSIP: 000000000<br>LEI: 549300GGVID7ZGDMX291 | Long             | EC               | CORP              | CH        |    110000 | NS      | $111826.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc      | Keysight Technologies Inc                           | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      2200 | NS      | $376354.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellula | Millicom International Cellular SA                  | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |    105000 | NS      | $1329750.79   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                       | PPL Corp                                            | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     21500 | NS      | $628230.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                | CMS Energy Corp                                     | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     80300 | NS      | $5085399.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| HUANENG POWER                  | Huaneng Power International Inc                     | CUSIP: 443304100<br>LEI: 529900WU0SMVKMPG4V21 | Long             | EC               | CORP              | CN        |      5000 | NS      | $94596.84     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp     | Pinnacle West Capital Corp                          | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      1100 | NS      | $83644.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    370000 | PA      | $366214.19    | 0.14%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Avangrid Inc                   | Avangrid Inc                                        | CUSIP: 05351W103<br>LEI: 549300OX0Q38NLSKPB49 | Long             | EC               | CORP              | US        |     64000 | NS      | $2750720.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co Ltd              | SK Telecom Co Ltd                                   | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |      1814 | NS      | $37350.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansai Electric Power Co Inc/T | Kansai Electric Power Co Inc/The                    | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |     25000 | NS      | $243637.61    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                     | Evergy Inc                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    140500 | NS      | $8841665.00   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE Inc                     | ALLETE Inc                                          | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |     23000 | NS      | $1483730.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                   | Xylem Inc/NY                                        | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      1300 | NS      | $143741.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                        | ITT Inc                                             | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |       290 | NS      | $23519.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT                            | Nippon Telegraph & Telephone Corp                   | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |     70000 | NS      | $2006552.88   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                                   | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    105000 | NS      | $1898400.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SMARTONE TELE                  | SmarTone Telecommunications Holdings Ltd            | CUSIP: 000000000<br>LEI: 529900CT7EGMVQRYNQ45 | Long             | EC               | CORP              | HK        |       400 | NS      | $241.37       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC             | Liberty Global PLC                                  | CUSIP: 000000000<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |    120071 | NS      | $2332979.53   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                  | DTE Energy Co                                       | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     16800 | NS      | $1974504.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubu Electric Power Co Inc    | Chubu Electric Power Co Inc                         | CUSIP: 000000000<br>LEI: 529900A76GOP0PGNHT63 | Long             | EC               | CORP              | JP        |      8000 | NS      | $83023.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                        | AZZ Inc                                             | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     17294 | NS      | $695218.80    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     20000 | NS      | $636400.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Endesa SA                      | Endesa SA                                           | CUSIP: 000000000<br>LEI: 549300LHK07F2CHV4X31 | Long             | EC               | CORP              | ES        |     34000 | NS      | $641831.12    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Corp              | NorthWestern Corp                                   | CUSIP: 668074305<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | EC               | CORP              | US        |     72500 | NS      | $4302150.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinnevik AB                    | Kinnevik AB                                         | CUSIP: 000000000<br>LEI: 2138006PZH76JOS6MN27 | Long             | EC               | CORP              | SE        |     21000 | NS      | $290200.63    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG            | Deutsche Telekom AG                                 | CUSIP: 251566105<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     60000 | NS      | $1198800.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                    | Ameren Corp                                         | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     17150 | NS      | $1524978.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinnevik AB                    | Kinnevik AB                                         | CUSIP: 000000000<br>LEI: 2138006PZH76JOS6MN27 | Long             | EC               | CORP              | SE        |     15000 | NS      | $205848.67    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc           | WEC Energy Group Inc                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |    125500 | NS      | $11766880.00  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                 | Flowserve Corp                                      | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      1975 | NS      | $60593.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Orascom Investment Holding     | Orascom Investment Holding                          | CUSIP: 68555D206<br>LEI: 549300UT4N1DC4S2ZB61 | Long             | EC               | CORP              | EG        |     11800 | NS      | $165.20       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| York Water Co/The              | York Water Co/The                                   | CUSIP: 987184108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9400 | NS      | $422812.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bouygues SA                    | Bouygues SA                                         | CUSIP: 000000000<br>LEI: 969500MOCLNQFNZN0D63 | Long             | EC               | CORP              | FR        |     17000 | NS      | $510262.11    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                      | Spire Inc                                           | CUSIP: 84857L606<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |     31200 | NS      | $1557816.00   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| CIRCOR International Inc       | CIRCOR International Inc                            | CUSIP: 17273K109<br>LEI: 5493007701O01N3FQM69 | Long             | EC               | CORP              | US        |     22000 | NS      | $527120.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery Inc                           | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |      8000 | NS      | $75840.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tele2 AB                       | Tele2 AB                                            | CUSIP: 000000000<br>LEI: 213800EKD193RVI9HL76 | Long             | EC               | CORP              | SE        |      1350 | NS      | $11009.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitios Latinoamerica SAB de CV | Sitios Latinoamerica SAB de CV                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      5000 | NS      | $2360.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Orascom Financial Holding SAE  | Orascom Financial Holding SAE                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | EG        |     59000 | NS      | $600.61       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc    | American Water Works Co Inc                         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     22400 | NS      | $3414208.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                  | EchoStar Corp                                       | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     15000 | NS      | $250200.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                           | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     20700 | NS      | $1784547.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     21000 | NS      | $2316300.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc | American Electric Power Co Inc                      | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     50950 | NS      | $4837702.50   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Dril-Quip Inc                  | Dril-Quip Inc                                       | CUSIP: 262037104<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     15000 | NS      | $407550.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                    | Cameco Corp                                         | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     55700 | NS      | $1262719.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugoku Electric Power Co Inc/ | Chugoku Electric Power Co Inc/The                   | CUSIP: 000000000<br>LEI: 353800MV866ELME96Q46 | Long             | EC               | CORP              | JP        |      8000 | NS      | $41145.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV              | CNH Industrial NV                                   | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |    200000 | NS      | $3212000.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc         | CenterPoint Energy Inc                              | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |      7000 | NS      | $209930.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    105000 | PA      | $104740.02    | 0.04%             | 2023-01-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     60000 | NS      | $2364000.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc | Telephone and Data Systems Inc                      | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $262250.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                    | ONE Gas Inc                                         | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     30200 | NS      | $2286744.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Telenet Group Holding NV       | Telenet Group Holding NV                            | CUSIP: 000000000<br>LEI: 213800FA3K4S56INQI67 | Long             | EC               | CORP              | BE        |    125400 | NS      | $2047075.06   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Hokkaido Electric Power Co Inc | Hokkaido Electric Power Co Inc                      | CUSIP: 000000000<br>LEI: 353800XDXIIZDHUO0J51 | Long             | EC               | CORP              | JP        |     15000 | NS      | $53261.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                                | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    105000 | NS      | $6646500.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor | Zurn Elkay Water Solutions Corp                     | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |      4100 | NS      | $86715.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelleron Industries AG       | Accelleron Industries AG                            | CUSIP: 00449R109<br>LEI: 254900KS0MD2PAARXD14 | Long             | EC               | CORP              | CH        |      1200 | NS      | $24480.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796W47<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7373173.80   | 2.73%             | 2023-05-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                 | Halliburton Co                                      | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     33000 | NS      | $1298550.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE Inc                        | BCE Inc                                             | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |      6047 | NS      | $265683.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Telekom Austria AG             | Telekom Austria AG                                  | CUSIP: 000000000<br>LEI: 529900KCNFQU5OJH7L33 | Long             | EC               | CORP              | AT        |     85000 | NS      | $525912.09    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica SA                  | Telefonica SA                                       | CUSIP: 879382208<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |    250000 | NS      | $892500.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1720000 | PA      | $1705753.24   | 0.63%             | 2023-03-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tetra Tech Inc                 | Tetra Tech Inc                                      | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |       200 | NS      | $29038.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co       | American States Water Co                            | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |     26000 | NS      | $2406300.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                  | Timken Co/The                                       | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |       500 | NS      | $35335.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                      | SJW Group                                           | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33000 | NS      | $2679270.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc        | Consolidated Edison Inc                             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     35000 | NS      | $3335850.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp               | FirstEnergy Corp                                    | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    100200 | NS      | $4202388.00   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange SA                      | Orange SA                                           | CUSIP: 684060106<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |      6000 | NS      | $59280.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796XS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22330000 | PA      | $22294123.06  | 8.25%             | 2023-01-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd                           | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |     80000 | NS      | $602400.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BT Group PLC                   | BT Group PLC                                        | CUSIP: 000000000<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |    105000 | NS      | $142235.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                    | Pentair PLC                                         | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | GB        |       200 | NS      | $8996.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| South Jersey Industries Inc    | South Jersey Industries Inc                         | CUSIP: 838518108<br>LEI: 549300DJYWYT5VXLFA46 | Long             | EC               | CORP              | US        |     16000 | NS      | $568480.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC             | Liberty Global PLC                                  | CUSIP: 000000000<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |     62000 | NS      | $1173660.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Cellular Corp    | United States Cellular Corp                         | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     37000 | NS      | $771450.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc         | Lumen Technologies Inc                              | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |    130000 | NS      | $678600.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                   | Iberdrola SA                                        | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    110000 | NS      | $1287002.04   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                | Southern Co/The                                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      3300 | NS      | $235653.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Indosat Tbk PT                 | Indosat Tbk PT                                      | CUSIP: 000000000<br>LEI: 254900YJOUDT9FUSHL33 | Long             | EC               | CORP              | ID        |      2000 | NS      | $793.32       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                                           | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    144500 | NS      | $9493650.00   | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                    | Exelon Corp                                         | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     66100 | NS      | $2857503.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tohoku Electric Power Co Inc   | Tohoku Electric Power Co Inc                        | CUSIP: 000000000<br>LEI: 353800KTF7EYIIYHY088 | Long             | EC               | CORP              | JP        |     10000 | NS      | $52651.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Altice USA Inc                 | Altice USA Inc                                      | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |     32000 | NS      | $147200.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ITV PLC                        | ITV PLC                                             | CUSIP: 000000000<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | GB        |    320000 | NS      | $290766.98    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                        | ABB Ltd                                             | CUSIP: 000375204<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |     22000 | NS      | $670120.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Telesat Corp                   | Telesat Corp                                        | CUSIP: 879512309<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     22000 | NS      | $165000.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy              | Eversource Energy                                   | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    114700 | NS      | $9616448.00   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc      | Rogers Communications Inc                           | CUSIP: 775109200<br>LEI: 54930030NVF3Y2OL0A78 | Long             | EC               | CORP              | CA        |     20000 | NS      | $936800.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796XZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    170000 | PA      | $169322.66    | 0.06%             | 2023-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southwest Gas Holdings Inc     | Southwest Gas Holdings Inc                          | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108915 | NS      | $6739660.20   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Minas Buenaventura SAA  | Cia de Minas Buenaventura SAA                       | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |     30000 | NS      | $223500.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc         | Ormat Technologies Inc                              | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     12600 | NS      | $1089648.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                      | Hess Corp                                           | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      2200 | NS      | $312004.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkcell Iletisim Hizmetleri A | Turkcell Iletisim Hizmetleri AS                     | CUSIP: 900111204<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |     60000 | NS      | $287400.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile TeleSystems PJSC        | Mobile TeleSystems PJSC                             | CUSIP: 607409109<br>LEI: 2534008FX8EXH1FMJA74 | Long             | EC               | CORP              | RU        |      7250 | NS      | $4422.50      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Furukawa Electric Co Ltd       | Furukawa Electric Co Ltd                            | CUSIP: 000000000<br>LEI: 353800TJR1DQ3P1QR918 | Long             | EC               | CORP              | JP        |      8000 | NS      | $150807.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                      | Spire Inc                                           | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      1200 | NS      | $82632.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                  | Sempra Energy                                       | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |       800 | NS      | $123632.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC              | National Grid PLC                                   | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |     69000 | NS      | $4162080.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                | Sony Group Corp                                     | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     14000 | NS      | $1067920.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group | California Water Service Group                      | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |     33500 | NS      | $2031440.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                       | Enel SpA                                            | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    300000 | NS      | $1615309.05   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Anterix Inc                    | Anterix Inc                                         | CUSIP: 03676C100<br>LEI: 549300QIX2QHFGIEQG40 | Long             | EC               | CORP              | US        |     12500 | NS      | $402125.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTERNATIONAL PL   | WEATHERFORDINTERNATIONA-CW23                        | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |      1425 | NS      | $313.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                                 | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     10000 | NS      | $837900.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc     | Charter Communications Inc                          | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      2700 | NS      | $915570.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp            | Alliant Energy Corp                                 | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     78250 | NS      | $4320182.50   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc         | Valmont Industries Inc                              | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      1100 | NS      | $363737.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc                                         | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       200 | NS      | $46936.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp              | Devon Energy Corp                                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      4500 | NS      | $276795.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluidra SA                     | Fluidra SA                                          | CUSIP: 000000000<br>LEI: 95980020140005026620 | Long             | EC               | CORP              | ES        |       800 | NS      | $12434.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                 | MGE Energy Inc                                      | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59000 | NS      | $4153600.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                      | GATX Corp                                           | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     21000 | NS      | $2233140.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                    | Unitil Corp                                         | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $873120.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6600000 | PA      | $6549494.16   | 2.42%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DISH Network Corp              | DISH Network Corp                                   | CUSIP: 25470M109<br>LEI: 529900U350CWHH15G169 | Long             | EC               | CORP              | US        |     90000 | NS      | $1263600.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SDCL EDGE Acquisition Corp     | SDCL EDGE Acquisition Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $151350.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                                  | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    200400 | NS      | $16753440.00  | 6.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP             | Energy Transfer LP                                  | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |     85000 | NS      | $1008950.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Shikoku Electric Power Co Inc  | Shikoku Electric Power Co Inc                       | CUSIP: 000000000<br>LEI: 353800KWK6U7ZCIWXS64 | Long             | EC               | CORP              | JP        |     10000 | NS      | $58290.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                    | IDACORP Inc                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      3700 | NS      | $399045.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp      | Korea Electric Power Corp                           | CUSIP: 500631106<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     37000 | NS      | $319680.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                                    | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     72700 | NS      | $7487373.00   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co             | Middlesex Water Co                                  | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $550690.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hokuriku Electric Power Co     | Hokuriku Electric Power Co                          | CUSIP: 000000000<br>LEI: 353800Z4ZNGBULYR8W57 | Long             | EC               | CORP              | JP        |     12000 | NS      | $50015.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eos Energy Enterprises Inc     | Eos Energy Enterprises Inc                          | CUSIP: 29415C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6500 | NS      | $9620.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PNM Resources Inc              | PNM Resources Inc                                   | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    107000 | NS      | $5220530.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG            | Deutsche Telekom AG                                 | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    115000 | NS      | $2294370.42   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Orsted AS                      | Orsted AS                                           | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |       600 | NS      | $54525.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp              | Atmos Energy Corp                                   | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     25500 | NS      | $2857785.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1105000 | PA      | $1094727.38   | 0.41%             | 2023-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Badger Meter Inc               | Badger Meter Inc                                    | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |       200 | NS      | $21806.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile TeleSystems PJSC        | Mobile TeleSystems PJSC                             | CUSIP: 000000000<br>LEI: 2534008FX8EXH1FMJA74 | Long             | EC               | CORP              | RU        |      1154 | NS      | $382.74       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                            | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     47000 | NS      | $865270.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                     | Arcosa Inc                                          | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |       600 | NS      | $32604.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp               | Black Hills Corp                                    | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     33000 | NS      | $2321220.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| VEON Ltd                       | VEON Ltd                                            | CUSIP: 91822M106<br>LEI: 5493008CA3NMHYEVT131 | Long             | EC               | CORP              | NL        |    446972 | NS      | $219016.28    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                | OGE Energy Corp                                     | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    180000 | NS      | $7119000.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica Deutschland Holding | Telefonica Deutschland Holding AG                   | CUSIP: 000000000<br>LEI: 391200ECRPJ3SWQJUM30 | Long             | EC               | CORP              | DE        |    220000 | NS      | $542354.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                       | UGI Corp                                            | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |       600 | NS      | $22242.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Proximus SADP                  | Proximus SADP                                       | CUSIP: 000000000<br>LEI: 549300CWRXC5EP004533 | Long             | EC               | CORP              | BE        |      6800 | NS      | $65482.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Electric Power Development Co  | Electric Power Development Co Ltd                   | CUSIP: 000000000<br>LEI: 549300KMHPUAQI8VEH90 | Long             | EC               | CORP              | JP        |    117000 | NS      | $1868576.65   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange Belgium SA              | Orange Belgium SA                                   | CUSIP: 000000000<br>LEI: 5493007JS0ZHJVBUWP18 | Long             | EC               | CORP              | BE        |    164000 | NS      | $3026547.51   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc     | SolarEdge Technologies Inc                          | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | IL        |       130 | NS      | $36825.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc        | Essential Utilities Inc                             | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |     26400 | NS      | $1260072.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Green Energy Corp     | Capstone Green Energy Corp                          | CUSIP: 14067D508<br>LEI: 54930065ZCHE9KQTEZ38 | Long             | EC               | CORP              | US        |      4000 | NS      | $5800.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S        | Vestas Wind Systems A/S                             | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |      6000 | NS      | $174555.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Inc                     | Cogeco Inc                                          | CUSIP: 19238T100<br>LEI: 5493000KSZQCX0QM2V25 | Long             | EC               | CORP              | CA        |     20400 | NS      | $957775.48    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd                           | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |      5947 | NS      | $45197.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Communications Inc      | Cogeco Communications Inc                           | CUSIP: 19239C106<br>LEI: 549300XHH6LJM6IAXV57 | Long             | EC               | CORP              | CA        |      7000 | NS      | $396994.09    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                | Otter Tail Corp                                     | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68000 | NS      | $3992280.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                      | PG&E Corp                                           | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     55000 | NS      | $894300.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc       | Resideo Technologies Inc                            | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |       567 | NS      | $9327.15      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corp      | Brookfield Renewable Corp                           | CUSIP: 11284V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2950 | NS      | $81243.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pharol SGPS SA                 | Pharol SGPS SA                                      | CUSIP: 000000000<br>LEI: 549300JNP3LA8FWLU630 | Long             | EC               | CORP              | PT        |     30000 | NS      | $1679.54      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                   | NiSource Inc                                        | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     48000 | NS      | $1316160.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp                    | Graham Corp                                         | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |      3655 | NS      | $35161.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L B Foster Co                  | L B Foster Co                                       | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |      3820 | NS      | $36977.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                       | Engie SA                                            | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     14000 | NS      | $200636.58    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| America Movil SAB de CV        | America Movil SAB de CV                             | CUSIP: 02364W105<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |      5000 | NS      | $91000.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sulzer AG                      | Sulzer AG                                           | CUSIP: 000000000<br>LEI: 529900NZ6MAST5IJF669 | Long             | EC               | CORP              | CH        |       300 | NS      | $23360.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc           | Chart Industries Inc                                | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |       300 | NS      | $34569.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RGC Resources Inc              | RGC Resources Inc                                   | CUSIP: 74955L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $441000.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HUTCHTEL HK                    | Hutchison Telecommunications Hong Kong Holdings Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |       200 | NS      | $31.26        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                         | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    130000 | PA      | $129113.24    | 0.05%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

**Name of Applicant:** Gabelli Utility Trust

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer