# EDGAR Filing Document

**Accession Number:** 0001438893
**File Stem:** 0001752724-23-050002
**Filing Date:** 2023-3
**Character Count:** 99840
**Document Hash:** bb7b91b55e0a6c65290e3afadea6d2a5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-050002.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-050002

**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:** GAMCO Natural Resources, Gold & Income Trust
- **CENTRAL INDEX KEY:** 0001438893
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22216
- **FILM NUMBER:** 23692174

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 914-921-5100

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GAMCO Natural Resources, Gold & Income Trust by Gabelli
- **DATE OF NAME CHANGE:** 20120106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Gabelli Natural Resources, Gold & Income Trust
- **DATE OF NAME CHANGE:** 20080717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Gabelli Gold & Income Trust
- **DATE OF NAME CHANGE:** 20080630

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GAMCO Natural Resources, Gold & Income Trust

- **b. Investment Company Act file number:** 811-22216

- **c. CIK number of Registrant:** 0001438893

- **d. LEI of Registrant:** 23EBEGZ81713Q1VCP222

- **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:** GAMCO Natural Resources, Gold & Income Trust

- **c. LEI of Series:** 23EBEGZ81713Q1VCP222

**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:** $143429508.59

**Total Liabilities:** $36050597.35

**Net Assets:** $107378911.24

**Cash Not Reported:** $1293495.40

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 1.92911000 | **1-Year:** 5.93424000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 163.91321000 | **5-Year:** 383.93088000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 9.72%                | 11.59%               | 3.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $380818.63               | $8302789.34                                |
| Month 2  | $373021.83               | $9817594.51                                |
| Month 3  | $-436250.23              | $-2635219.14                               |

**Designated Index Information**

- **Index Name:** GAMCO Natural Resources Gold & Income Trust ex Derivatives

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Karora Resources Inc                            | Karora Resources Inc              | CUSIP: 48575L206<br>LEI: 549300S6PWY0YYVHMC70 | Long             | EC               | CORP              | CA        |     90000 | NS      | $309084.19    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                                   | BHP Group Ltd                     | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |     52000 | NS      | $3226600.00   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                   | SUNCOR ENERGY INC                 | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DE               | CORP              | US        |       -55 | NC      | $-1284.90     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ELDORADO GOLD CORP                | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -470 | NC      | $-2350.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE SECURITIES (USA) LLC              | EXXON MOBIL CORP                  | CUSIP: 000000000<br>LEI: 1V8Y6QCX6YMJ2OELII46 | N/A              | DE               | CORP              | US        |      -148 | NC      | $-275335.94   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE                               | DUNDEE PRECIOUS METALS INC        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |      -375 | NC      | $-2769.57     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -550 | NC      | $-74800.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| NBF SECURITIES UK                               | ALAMOS GOLD INC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -680 | NC      | $-31408.66    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | CF INDUSTRIES HOLDINGS INC        | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-1306.78     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CIBC WORLD MARKETS CORP.                        | TOTALENERGIES SE                  | CUSIP: 000000000<br>LEI: 549300445CON3DBMU275 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-46669.72    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| EVERCORE GROUP LLC                              | TOTALENERGIES SE                  | CUSIP: 000000000<br>LEI: 5493008F0LRLS5N8LZ81 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-47777.26    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | SPDR S&P 500 ETF TRUST            | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -20 | NC      | $-12040.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | VALERO ENERGY CORP                | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -25 | NC      | $-27017.09    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | NUTRIEN LTD                       | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -90 | NC      | $-186.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | NEXTERA ENERGY PARTNERS LP        | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -60 | NC      | $-26160.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | PIONEER NATURAL RESOURCES CO      | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -16 | NC      | $-30519.84    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | ENERGY SELECT SECTOR SPDR FUND    | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -275 | NC      | $-4002.52     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PIPER SANDLER                                   | RIO TINTO PLC                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -85 | NC      | $-80648.71    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Westgold Resources Ltd                          | Westgold Resources Ltd            | CUSIP: 000000000<br>LEI: 2549003AMX9BL7CKBQ74 | Long             | EC               | CORP              | AU        |    198783 | NS      | $118423.73    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON MORTGAGE CAPITAL LLC | SCHLUMBERGER NV                   | CUSIP: 000000000<br>LEI: 5493001KFROXQS5VBZ89 | N/A              | DE               | CORP              | US        |       -90 | NC      | $-122551.79   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Elanco Animal Health Inc                        | Elanco Animal Health Inc          | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |     27000 | NS      | $329940.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Iveco Group NV                                  | Iveco Group NV                    | CUSIP: 000000000<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |     19000 | NS      | $113041.66    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                     | Corteva Inc                       | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     33000 | NS      | $1939740.00   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                         | Marathon Petroleum Corp           | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      9695 | NS      | $1128401.05   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Osisko Mining Inc                               | Osisko Mining Inc                 | CUSIP: 688281104<br>LEI: 254900SJU6CW31RVHW15 | Long             | EC               | CORP              | CA        |    166100 | NS      | $429357.46    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | BUNGE LTD                         | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-23319.44    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | KINDER MORGAN INC                 | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -32 | NC      | $-110.72      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | OCCIDENTAL PETROLEUM CORP         | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -27 | NC      | $-11745.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1265000 | PA      | $1252056.63   | 1.17%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | ARCHER-DANIELS-MIDLAND CO         | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -100 | NC      | $-68679.26    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| FORTUNA SILVER MINES INC                        | Fortuna Silver Mines Inc          | CUSIP: 349915AA6<br>LEI: 5493003Q88RVK7CW4735 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201600.00    | 0.19%             | 2024-10-31      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                   | EXXON MOBIL CORP                  | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DE               | CORP              | US        |       -55 | NC      | $-44170.03    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |      -500 | NC      | $-113962.60   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| MKM PARTNERS LLC                                | BAKER HUGHES CO                   | CUSIP: 000000000<br>LEI: 25490041O5W104HFWA62 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-5217.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| APA Corp                                        | APA Corp                          | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |      7300 | NS      | $340764.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Newcrest Mining Ltd                             | Newcrest Mining Ltd               | CUSIP: 000000000<br>LEI: 5299006MN50OZJUJI655 | Long             | EC               | CORP              | AU        |    101272 | NS      | $1423149.49   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | RIO TINTO PLC                     | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |      -150 | NC      | $-116144.82   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE                               | ENDEAVOUR MINING PLC              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |      -300 | NC      | $-10967.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                      | CF Industries Holdings Inc        | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     10000 | NS      | $852000.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                        | FMC Corp                          | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     11000 | NS      | $1372800.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | BAKER HUGHES CO                   | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-10393.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                               | Kinross Gold Corp                 | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |    175400 | NS      | $717386.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    160000 | PA      | $158908.60    | 0.15%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SSR Mining Inc                                  | SSR Mining Inc                    | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | US        |    142000 | NS      | $2225140.00   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | SCHLUMBERGER LTD                  | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |       -20 | NC      | $-11119.82    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | OSISKO GOLD ROYALTIES LTD         | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -300 | NC      | $-21026.22    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MKM PARTNERS LLC                                | ARCHER-DANIELS-MIDLAND CO         | CUSIP: 000000000<br>LEI: 25490041O5W104HFWA62 | N/A              | DE               | CORP              | US        |      -120 | NC      | $-100812.43   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW GOLD INC                                    | New Gold Inc                      | CUSIP: 644535AH9<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $439567.06    | 0.41%             | 2027-07-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -500 | NC      | $-98500.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES GROUP LLC                             | BP PLC                            | CUSIP: 000000000<br>LEI: NY9Q8VBNB6D1L6YV0J84 | N/A              | DE               | CORP              | US        |      -106 | NC      | $-28885.10    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| NBF SECURITIES UK                               | ALAMOS GOLD INC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -750 | NC      | $-140737.80   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp                              | Franco-Nevada Corp                | CUSIP: 351858105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     31800 | NS      | $4340064.00   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | UTILITIES SELECT SECTOR SPDR FUND | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -350 | NC      | $-22750.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | MOSAIC CO/THE                     | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-3510.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | APA CORP                          | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -35 | NC      | $-3065.90     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PIPER SANDLER                                   | SHELL PLC                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -110 | NC      | $-11786.65    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Wheaton Precious Metals Corp                    | Wheaton Precious Metals Corp      | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     83450 | NS      | $3261226.00   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | CF INDUSTRIES HOLDINGS INC        | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-17718.48    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ZOETIS INC                        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -31 | NC      | $-10230.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Artemis Gold Inc                                | Artemis Gold Inc                  | CUSIP: 04302L100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     91500 | NS      | $296665.44    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MONTREAL EXCHANGE                               | ENDEAVOUR MINING PLC              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |      -410 | NC      | $-31037.66    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | CORTEVA INC                       | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -115 | NC      | $-9775.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Fresnillo PLC                                   | Fresnillo PLC                     | CUSIP: 000000000<br>LEI: 549300JXWH1UV5J0XV81 | Long             | EC               | CORP              | MX        |     62137 | NS      | $677436.90    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corp                               | Marathon Oil Corp                 | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |     20000 | NS      | $541400.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                      | EOG RESOURCES INC                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               | CORP              | US        |       -30 | NC      | $-37064.97    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | ENI SPA                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |       -20 | NC      | $-1595.71     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RAYMOND JAMES & ASSOCIATES, INC.                | WILLIAMS COS INC/THE              | CUSIP: 000000000<br>LEI: U4ONQX15J3RO8XCKE979 | N/A              | DE               | CORP              | US        |       -60 | NC      | $-1137.29     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC                     | BHP GROUP LTD                     | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DE               | CORP              | US        |      -160 | NC      | $-25.54       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Valero Energy Corp                              | Valero Energy Corp                | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      7300 | NS      | $926078.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ENERGY SELECT SECTOR SPDR FUND    | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-35480.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES & ASSOCIATES, INC.                | EOG RESOURCES INC                 | CUSIP: 000000000<br>LEI: U4ONQX15J3RO8XCKE979 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-61655.10    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| EVERCORE GROUP LLC                              | RIO TINTO PLC                     | CUSIP: 000000000<br>LEI: 5493008F0LRLS5N8LZ81 | N/A              | DE               | CORP              | US        |       -85 | NC      | $-14861.25    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Kinder Morgan Inc                               | Kinder Morgan Inc                 | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     34482 | NS      | $623434.56    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | PHILLIPS 66                       | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |       -25 | NC      | $-23530.55    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4660000 | PA      | $4636854.67   | 4.32%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | CHEVRON CORP                      | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-80763.05    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE                               | ENDEAVOUR MINING PLC              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |       -91 | NC      | $-2318.69     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | NEWMONT CORP                      | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -250 | NC      | $-2577.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Williams Cos Inc/The                            | Williams Cos Inc/The              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     21000 | NS      | $690900.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | COTERRA ENERGY INC                | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |       -56 | NC      | $-1225.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                              | PHILLIPS 66                       | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-11993.41    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Mowi ASA                                        | Mowi ASA                          | CUSIP: 000000000<br>LEI: 549300W1OGQF5LZIH349 | Long             | EC               | CORP              | NO        |      5000 | NS      | $85333.99     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                 | Baker Hughes Co                   | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19400 | NS      | $572882.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | FMC CORP                          | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-46877.82    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                 | Tyson Foods Inc                   | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     25000 | NS      | $1556250.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp                               | Barrick Gold Corp                 | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    175294 | NS      | $3011550.92   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria Gold Corp                              | Victoria Gold Corp                | CUSIP: 92625W507<br>LEI: 549300VUIN6RQ5764L78 | Long             | EC               | CORP              | CA        |     43200 | NS      | $228124.08    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | BHP GROUP LTD                     | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |      -160 | NC      | $-71555.34    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ENERGY SELECT SECTOR SPDR FUND    | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -275 | NC      | $-75625.00    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Equinox Gold Corp                               | Equinox Gold Corp                 | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |     42700 | NS      | $140056.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FBN SECURITIES, INC.                            | SSR MINING INC                    | CUSIP: 000000000<br>LEI: 549300IZFVXL9ZPJFM37 | N/A              | DE               | CORP              | US        |      -290 | NC      | $-32569.93    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | SSR MINING INC                    | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -280 | NC      | $-21693.20    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | YAMANA GOLD INC                   | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -850 | NC      | $-52683.17    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | SCHLUMBERGER LTD                  | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -75 | NC      | $-41699.33    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| NESBITT BURNS                                   | WHEATON PRECIOUS METALS CORP      | CUSIP: 000000000<br>LEI: M3LKFDNSJGJ7TMLH6Z15 | N/A              | DE               | CORP              | CA        |      -200 | NC      | $-20500.64    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| PIPER SANDLER                                   | SSR MINING INC                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -200 | NC      | $-25114.96    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | KINDER MORGAN INC                 | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |      -115 | NC      | $-4537.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | SPDR S&P 500 ETF TRUST            | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -35 | NC      | $-80535.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                          | Diamondback Energy Inc            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2800 | NS      | $382984.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | NEXTERA ENERGY PARTNERS LP        | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-13000.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | BARRICK GOLD CORP                 | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -361 | NC      | $-4168.39     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd                     | Northern Star Resources Ltd       | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    461005 | NS      | $3424379.02   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                      | CONOCOPHILLIPS                    | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               | CORP              | US        |       -25 | NC      | $-40514.81    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| JEFFERIES GROUP LLC                             | WILLIAMS COS INC/THE              | CUSIP: 000000000<br>LEI: NY9Q8VBNB6D1L6YV0J84 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-10211.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Mosaic Co/The                                   | Mosaic Co/The                     | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     25500 | NS      | $1118685.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PIPER SANDLER                                   | AGNICO EAGLE MINES LTD            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -240 | NC      | $-44254.15    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | SCHLUMBERGER LTD                  | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-54218.47    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | SPDR S&P 500 ETF TRUST            | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-46200.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Gold Miners ETF/USA                      | VanEck Gold Miners ETF/USA        | CUSIP: 92189F106<br>LEI: 54930031TORTKAM9TJ98 | Long             | EC               | RF                | US        |       100 | NS      | $2866.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                    | Chevron Corp                      | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18545 | NS      | $3328642.05   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE GROUP LLC                              | KINDER MORGAN INC                 | CUSIP: 000000000<br>LEI: 5493008F0LRLS5N8LZ81 | N/A              | DE               | CORP              | US        |       -82 | NC      | $-4499.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | FMC CORP                          | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-46002.04    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE                               | K92 MINING INC                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |      -280 | NC      | $-2274.74     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS SECURITIES LLC                              | CHEVRON CORP                      | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DE               | CORP              | US        |       -30 | NC      | $-22716.51    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| NBF SECURITIES UK                               | FRANCO-NEVADA CORP                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -90 | NC      | $-28004.58    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | CHEVRON CORP                      | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |       -55 | NC      | $-84405.46    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | OSISKO GOLD ROYALTIES LTD         | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |      -300 | NC      | $-4565.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | WILLIAMS COS INC/THE              | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-1847.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | SPDR S&P 500 ETF TRUST            | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -22 | NC      | $-40348.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | MARATHON PETROLEUM CORP           | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -30 | NC      | $-37097.95    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| MKM PARTNERS LLC                                | BARRICK GOLD CORP                 | CUSIP: 000000000<br>LEI: 25490041O5W104HFWA62 | N/A              | DE               | CORP              | US        |      -200 | NC      | $-443.02      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Perseus Mining Ltd                              | Perseus Mining Ltd                | CUSIP: 000000000<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |    920671 | NS      | $1322629.97   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | HALLIBURTON CO                    | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-34808.59    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | YAMANA GOLD INC                   | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -760 | NC      | $-5320.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | BAYER AG                          | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |      -160 | NC      | $-21430.75    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | DEERE & CO                        | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -20 | NC      | $-82685.66    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| K92 Mining Inc                                  | K92 Mining Inc                    | CUSIP: 499113108<br>LEI: 254900EA8H0X9FEVZU11 | Long             | EC               | CORP              | CA        |     94000 | NS      | $532481.54    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE SECURITIES (USA) LLC              | SSR MINING INC                    | CUSIP: 000000000<br>LEI: 1V8Y6QCX6YMJ2OELII46 | N/A              | DE               | CORP              | US        |      -190 | NC      | $-16.11       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CIBC WORLD MARKETS CORP.                        | NEWMONT CORP                      | CUSIP: 000000000<br>LEI: 549300445CON3DBMU275 | N/A              | DE               | CORP              | US        |      -280 | NC      | $-54809.83    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                            | Freeport-McMoRan Inc              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     74500 | NS      | $2831000.00   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK AGRIBUSINESS ETF           | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-38400.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co                    | Pioneer Natural Resources Co      | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      5100 | NS      | $1164789.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                                  | Halliburton Co                    | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     16500 | NS      | $649275.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Ltd                                | Schlumberger Ltd                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     26500 | NS      | $1416690.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | BARRICK GOLD CORP                 | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -400 | NC      | $-2525.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | VALERO ENERGY CORP                | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -16 | NC      | $-19397.72    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | VANECK AGRIBUSINESS ETF           | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -145 | NC      | $-47787.65    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| RAYMOND JAMES & ASSOCIATES, INC.                | HALLIBURTON CO                    | CUSIP: 000000000<br>LEI: U4ONQX15J3RO8XCKE979 | N/A              | DE               | CORP              | US        |       -55 | NC      | $-7827.07     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                              | DEVON ENERGY CORP                 | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-19240.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | COTERRA ENERGY INC                | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -66 | NC      | $-10.45       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | VANECK AGRIBUSINESS ETF           | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-11820.86    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE                               | VICTORIA GOLD CORP                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |      -220 | NC      | $-731.17      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| OSISKO GOLD ROYALTIES                           | Osisko Gold Royalties Ltd         | CUSIP: 68827LAA9<br>LEI: 549300TJZTXZMPQ6K004 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $260977.47    | 0.24%             | 2022-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                       | Archer-Daniels-Midland Co         | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     22000 | NS      | $2042700.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Gold Inc                                 | Lundin Gold Inc                   | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |     65000 | NS      | $635118.17    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | CONOCOPHILLIPS                    | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-67957.41    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                       | Shell PLC                         | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     33000 | NS      | $1879350.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | SHELL PLC                         | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |      -120 | NC      | $-25273.81    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                   | SUNCOR ENERGY INC                 | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DE               | CORP              | US        |       -45 | NC      | $-6802.65     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | NEWMONT CORP                      | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |      -219 | NC      | $-19077.07    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Devon Energy Corp                               | Devon Energy Corp                 | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     13000 | NS      | $799630.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                                 | Alamos Gold Inc                   | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |    179000 | NS      | $1809690.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                               | Suncor Energy Inc                 | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     15500 | NS      | $491815.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | AGNICO EAGLE MINES LTD            | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -60 | NC      | $-26.93       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | FREEPORT-MCMORAN INC              | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -195 | NC      | $-78338.25    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Endeavour Mining PLC                            | Endeavour Mining PLC              | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |    118185 | NS      | $2529543.06   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CIBC WORLD MARKETS CORP.                        | AGNICO EAGLE MINES LTD            | CUSIP: 000000000<br>LEI: 549300445CON3DBMU275 | N/A              | DE               | CORP              | US        |       -95 | NC      | $-30995.38    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                         | Eni SpA                           | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |     50000 | NS      | $711099.94    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ELDORADO GOLD CORP                | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -300 | NC      | $-21000.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                          | Yara International ASA            | CUSIP: 000000000<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | EC               | CORP              | NO        |      8900 | NS      | $391182.84    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| FBN SECURITIES, INC.                            | TOTALENERGIES SE                  | CUSIP: 000000000<br>LEI: 549300IZFVXL9ZPJFM37 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-28266.26    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                      | BP PLC                            | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               | CORP              | US        |       -90 | NC      | $-21465.03    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | HESS CORP                         | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |       -16 | NC      | $-51740.79    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| B2Gold Corp                                     | B2Gold Corp                       | CUSIP: 11777Q209<br>LEI: 549300F7OK456M5NLM05 | Long             | EC               | CORP              | CA        |    389000 | NS      | $1388730.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | AGCO CORP                         | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-117000.00   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                       | Occidental Petroleum Corp         | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      9649 | NS      | $607790.51    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | MARATHON PETROLEUM CORP           | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -21 | NC      | $-40950.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | YAMANA GOLD INC                   | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |      -260 | NC      | $-6563.36     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | MARATHON PETROLEUM CORP           | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -30 | NC      | $-46981.72    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd                          | Agnico Eagle Mines Ltd            | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |     49572 | NS      | $2577248.28   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                  | ConocoPhillips                    | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     13000 | NS      | $1534000.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | CORTEVA INC                       | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -115 | NC      | $-32775.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Mining Ltd                            | Evolution Mining Ltd              | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |    451000 | NS      | $915048.78    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | PIONEER NATURAL RESOURCES CO      | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -19 | NC      | $-22256.50    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2515000 | PA      | $2508772.83   | 2.34%             | 2023-01-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | FRANCO-NEVADA CORP                | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |      -114 | NC      | $-54938.06    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -700 | NC      | $-1400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                  | Royal Gold Inc                    | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      5500 | NS      | $619960.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | CNH INDUSTRIAL NV                 | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |      -300 | NC      | $-47078.91    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | HALLIBURTON CO                    | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |       -60 | NC      | $-48392.60    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | MOSAIC CO/THE                     | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -90 | NC      | $-4500.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    750000 | PA      | $743027.63    | 0.69%             | 2023-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | OCCIDENTAL PETROLEUM CORP         | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -30 | NC      | $-420.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | KINDER MORGAN INC                 | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -90 | NC      | $-1866.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Deere & Co                                      | Deere & Co                        | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      2000 | NS      | $857520.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MAG Silver Corp                                 | MAG Silver Corp                   | CUSIP: 55903Q104<br>LEI: 254900LGL904N7F3EL14 | Long             | EC               | CORP              | CA        |     15500 | NS      | $242265.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamana Gold Inc                                 | Yamana Gold Inc                   | CUSIP: 98462Y100<br>LEI: 54930002VY22NXG01418 | Long             | EC               | CORP              | CA        |    187000 | NS      | $1037850.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                                     | Nutrien Ltd                       | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     28090 | NS      | $2051412.70   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -370 | NC      | $-29970.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | BHP GROUP LTD                     | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |      -180 | NC      | $-65941.60    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | VALERO ENERGY CORP                | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |       -32 | NC      | $-71553.83    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Bunge Ltd                                       | Bunge Ltd                         | CUSIP: 000000000<br>LEI: 5493007M0RIN8HY3MM77 | Long             | EC               | CORP              | US        |     10000 | NS      | $997700.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                    | Newmont Corp                      | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     80900 | NS      | $3818480.00   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | ONEOK INC                         | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-24860.46    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | NUTRIEN LTD                       | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -90 | NC      | $-5371.30     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | FRANCO-NEVADA CORP                | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -114 | NC      | $-3420.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                         | EXXON MOBIL CORP                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-64247.32    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| ONEOK Inc                                       | ONEOK Inc                         | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      6700 | NS      | $440190.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NESBITT BURNS                                   | WESDOME GOLD MINES LTD            | CUSIP: 000000000<br>LEI: M3LKFDNSJGJ7TMLH6Z15 | N/A              | DE               | CORP              | CA        |      -340 | NC      | $-627.77      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MKM PARTNERS LLC                                | WHEATON PRECIOUS METALS CORP      | CUSIP: 000000000<br>LEI: 25490041O5W104HFWA62 | N/A              | DE               | CORP              | US        |      -200 | NC      | $-68724.28    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                   | NUTRIEN LTD                       | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DE               | CORP              | US        |      -100 | NC      | $-28268.12    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                         | FREEPORT-MCMORAN INC              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |      -250 | NC      | $-55072.35    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | MOSAIC CO/THE                     | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -55 | NC      | $-55.00       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FBN SECURITIES, INC.                            | COTERRA ENERGY INC                | CUSIP: 000000000<br>LEI: 549300IZFVXL9ZPJFM37 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-2668.96     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EVERCORE GROUP LLC                              | PIONEER NATURAL RESOURCES CO      | CUSIP: 000000000<br>LEI: 5493008F0LRLS5N8LZ81 | N/A              | DE               | CORP              | US        |       -16 | NC      | $-20178.25    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE                               | ENDEAVOUR MINING PLC              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |      -380 | NC      | $-3227.47     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES & ASSOCIATES, INC.                | EOG RESOURCES INC                 | CUSIP: 000000000<br>LEI: U4ONQX15J3RO8XCKE979 | N/A              | DE               | CORP              | US        |       -42 | NC      | $-73382.25    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | ENI SPA                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-23834.30    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Wesdome Gold Mines Ltd                          | Wesdome Gold Mines Ltd            | CUSIP: 95083R100<br>LEI: 254900D63U62QS84H719 | Long             | EC               | CORP              | CA        |    102700 | NS      | $567353.03    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | APA CORP                          | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |       -35 | NC      | $-10935.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | UTILITIES SELECT SECTOR SPDR FUND | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -400 | NC      | $-6000.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                          | BP PLC                            | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |     26600 | NS      | $929138.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE GROUP LLC                              | ROYAL GOLD INC                    | CUSIP: 000000000<br>LEI: 5493008F0LRLS5N8LZ81 | N/A              | DE               | CORP              | US        |       -15 | NC      | $-3664.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                              | RIO TINTO PLC                     | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DE               | CORP              | US        |      -170 | NC      | $-66820.40    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| FBN SECURITIES, INC.                            | ONEOK INC                         | CUSIP: 000000000<br>LEI: 549300IZFVXL9ZPJFM37 | N/A              | DE               | CORP              | US        |       -27 | NC      | $-8420.41     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Eldorado Gold Corp                              | Eldorado Gold Corp                | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |     83000 | NS      | $693880.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                     | Phillips 66                       | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     10000 | NS      | $1040800.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                      | CONOCOPHILLIPS                    | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               | CORP              | US        |       -25 | NC      | $-40514.81    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ENERGY SELECT SECTOR SPDR FUND    | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -305 | NC      | $-2440.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NBF SECURITIES UK                               | B2GOLD CORP                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     -1300 | NC      | $-15398.63    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                              | WHEATON PRECIOUS METALS CORP      | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DE               | CORP              | US        |      -125 | NC      | $-11507.01    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FBN SECURITIES, INC.                            | PHILLIPS 66                       | CUSIP: 000000000<br>LEI: 549300IZFVXL9ZPJFM37 | N/A              | DE               | CORP              | US        |       -35 | NC      | $-52349.14    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | BHP GROUP LTD                     | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |       -20 | NC      | $-3666.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | BARRICK GOLD CORP                 | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |      -431 | NC      | $-60086.10    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Energy Select Sector SPDR Fund                  | Energy Select Sector SPDR Fund    | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Long             | EC               | RF                | US        |       100 | NS      | $8747.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796XR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9500000 | PA      | $9491764.64   | 8.84%             | 2023-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | CONOCOPHILLIPS                    | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-43040.99    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | BAKER HUGHES CO                   | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -51 | NC      | $-7453.58     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ENERGY SELECT SECTOR SPDR FUND    | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -120 | NC      | $-135000.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                | TotalEnergies SE                  | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     30000 | NS      | $1862400.00   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| HECLA MINING CO                                 | Hecla Mining Co                   | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |    675000 | PA      | $665672.09    | 0.62%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | HESS CORP                         | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -12 | NC      | $-20429.68    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED        | BARRICK GOLD CORP                 | CUSIP: 000000000<br>LEI: 5WUVMA08EYG4KEUPW589 | N/A              | DE               | CORP              | US        |      -560 | NC      | $-29399.78    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | CORTEVA INC                       | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -100 | NC      | $-49000.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| SilverCrest Metals Inc                          | SilverCrest Metals Inc            | CUSIP: 828363101<br>LEI: 549300M4CUMXUHSXYQ10 | Long             | EC               | CORP              | CA        |     63000 | NS      | $378000.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS SECURITIES LLC                              | SHELL PLC                         | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DE               | CORP              | US        |      -100 | NC      | $-46659.54    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | ALAMOS GOLD INC                   | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -360 | NC      | $-52237.62    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | DEVON ENERGY CORP                 | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-38294.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                         | NEWMONT CORP                      | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |       -95 | NC      | $-4808.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | TOTALENERGIES SE                  | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -100 | NC      | $-31340.43    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | KINROSS GOLD CORP                 | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -794 | NC      | $-27025.14    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | CHEVRON CORP                      | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -30 | NC      | $-22716.51    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                   | Rio Tinto PLC                     | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     49000 | NS      | $3488800.00   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | ENI SPA                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |       -20 | NC      | $-6710.38     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | DIAMONDBACK ENERGY INC            | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |       -11 | NC      | $-8934.73     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    205000 | PA      | $203431.26    | 0.19%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utilities Select Sector SPDR Fund               | Utilities Select Sector SPDR Fund | CUSIP: 81369Y886<br>LEI: 549300ERQDM80PRYUH21 | Long             | EC               | RF                | US        |      3520 | NS      | $248160.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -700 | NC      | $-51800.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | DIAMONDBACK ENERGY INC            | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |        -7 | NC      | $-6793.95     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | AGNICO EAGLE MINES LTD            | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -100 | NC      | $-262.49      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NBF SECURITIES UK                               | OSISKO GOLD ROYALTIES LTD         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -300 | NC      | $-17866.86    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| IAMGOLD CORP                                    | IAMGOLD Corp                      | CUSIP: 450913AF5<br>LEI: 254900E7II30XAB9LA72 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $389037.72    | 0.36%             | 2028-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                      | Zoetis Inc                        | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     16700 | NS      | $2447385.00   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | MARATHON PETROLEUM CORP           | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -15 | NC      | $-29250.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| De Grey Mining Ltd                              | De Grey Mining Ltd                | CUSIP: 000000000<br>LEI: 529900MOX6JOKGFAYY28 | Long             | EC               | CORP              | AU        |    511802 | NS      | $447771.60    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CANTOR FITZGERALD & CO.                         | CNH INDUSTRIAL NV                 | CUSIP: 000000000<br>LEI: 5493004J7H4GCPG6OB62 | N/A              | DE               | CORP              | US        |      -300 | NC      | $-52808.43    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC CAPITAL MARKETS, LLC                        | BUNGE LTD                         | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DE               | CORP              | US        |       -50 | NC      | $-14667.51    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Gold Road Resources Ltd                         | Gold Road Resources Ltd           | CUSIP: 000000000<br>LEI: 213800HJWH96TDEMNY83 | Long             | EC               | CORP              | AU        |    325102 | NS      | $374074.23    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES & ASSOCIATES, INC.                | WHEATON PRECIOUS METALS CORP      | CUSIP: 000000000<br>LEI: U4ONQX15J3RO8XCKE979 | N/A              | DE               | CORP              | US        |      -110 | NC      | $-28357.30    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV                               | CNH Industrial NV                 | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |     94700 | NS      | $1520882.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Osisko Gold Royalties Ltd                       | Osisko Gold Royalties Ltd         | CUSIP: 68827L101<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |    114400 | NS      | $1380808.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | BP PLC                            | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -70 | NC      | $-35328.73    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| PIPER SANDLER                                   | CNH INDUSTRIAL NV                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -300 | NC      | $-69579.06    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| PIPER SANDLER                                   | MARATHON OIL CORP                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -200 | NC      | $-74463.50    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | MOSAIC CO/THE                     | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -45 | NC      | $-270.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| OPPENHEIMER & CO. INC.                          | EXXON MOBIL CORP                  | CUSIP: 000000000<br>LEI: 254900VH02JQR2L8XD64 | N/A              | DE               | CORP              | US        |      -135 | NC      | $-149636.61   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK GOLD MINERS ETF/USA        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -63 | NC      | $-10395.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Bayer AG                                        | Bayer AG                          | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     34000 | NS      | $1758802.87   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE GROUP LLC                              | UTILITIES SELECT SECTOR SPDR FUND | CUSIP: 000000000<br>LEI: 5493008F0LRLS5N8LZ81 | N/A              | DE               | CORP              | US        |      -420 | NC      | $-31072.99    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL                     | KINDER MORGAN INC                 | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |       -25 | NC      | $-1133.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                | Exxon Mobil Corp                  | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     41800 | NS      | $4610540.00   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                              | Coterra Energy Inc                | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     15089 | NS      | $370736.73    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796XS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2435000 | PA      | $2431087.76   | 2.26%             | 2023-01-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aclara Resources Inc                            | Aclara Resources Inc              | CUSIP: 00461M103<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |     46716 | NS      | $11040.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | UTILITIES SELECT SECTOR SPDR FUND | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -240 | NC      | $-46320.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| AGCO Corp                                       | AGCO Corp                         | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |      5000 | NS      | $693450.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | VANECK AGRIBUSINESS ETF           | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |      -145 | NC      | $-43500.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill       | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14300000 | PA      | $14181553.10  | 13.21%            | 2023-03-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                               | EOG Resources Inc                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     11200 | NS      | $1450624.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK STOCK EXCHANGE                         | ZOETIS INC                        | CUSIP: 000000000<br>LEI: 549300HIIRNTNKXV3M12 | N/A              | DE               | CORP              | US        |       -56 | NC      | $-3080.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Dundee Precious Metals Inc                      | Dundee Precious Metals Inc        | CUSIP: 265269209<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |     75000 | NS      | $360598.23    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | KINROSS GOLD CORP                 | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |      -800 | NC      | $-9470.16     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIA CAPITAL (USA) INC.                       | DIAMONDBACK ENERGY INC            | CUSIP: 000000000<br>LEI: 549300BLWPABP1VNME36 | N/A              | DE               | CORP              | US        |       -10 | NC      | $-9025.48     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FBN SECURITIES, INC.                            | FREEPORT-MCMORAN INC              | CUSIP: 000000000<br>LEI: 549300IZFVXL9ZPJFM37 | N/A              | DE               | CORP              | US        |      -300 | NC      | $-106027.98   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| NBF SECURITIES UK                               | B2GOLD CORP                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     -1150 | NC      | $-477.48      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                       | NEXTERA ENERGY PARTNERS LP        | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -45 | NC      | $-14400.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Hess Corp                                       | Hess Corp                         | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      2800 | NS      | $397096.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES GROUP LLC                             | SUNCOR ENERGY INC                 | CUSIP: 000000000<br>LEI: NY9Q8VBNB6D1L6YV0J84 | N/A              | DE               | CORP              | US        |       -55 | NC      | $-32.74       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** GAMCO Natural Resources, Gold & Income Trust

**Signature:** John C. Ball

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

**Title:** Treasurer