# EDGAR Filing Document

**Accession Number:** 0001080720
**File Stem:** 0001752724-25-212152
**Filing Date:** 2025-8
**Character Count:** 71763
**Document Hash:** b4118fb51733228ea93f691957dd3cb2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212152.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212152

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GABELLI UTILITY TRUST
- **CENTRAL INDEX KEY:** 0001080720

**ORGANIZATION NAME:**
- **EIN:** 134046522
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09243
- **FILM NUMBER:** 251276639

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

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

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

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

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

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

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

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $323614636.41

**Total Liabilities:** $48034900.43

**Net Assets:** $275579735.98

**Cash Not Reported:** $1582.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 0.23%                | 4.21%                | 7.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $33491.09                | $-2373848.43                               |
| Month 2  | $269457.19               | $4029880.36                                |
| Month 3  | $681541.74               | $1441972.25                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Anterix Inc                           | Anterix Inc                                         | CUSIP: 03676C100<br>LEI: 549300QIX2QHFGIEQG40 | Long             | EC               | CORP              | US        |     35000 | NS      | $897750.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Proximus SADP                         | Proximus SADP                                       | CUSIP: 000000000<br>LEI: 549300CWRXC5EP004533 | Long             | EC               | CORP              | BE        |     10500 | NS      | $102163.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HUTCHTEL HK                           | Hutchison Telecommunications Hong Kong Holdings Ltd | CUSIP: 000000000<br>LEI: 254900ZIRESZ56ME6215 | Long             | EC               | CORP              | HK        |       200 | NS      | $25.99        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ITV PLC                               | ITV PLC                                             | CUSIP: 000000000<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | GB        |    270000 | NS      | $305572.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc        | Telephone and Data Systems Inc                      | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $889500.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GAM Holding AG                        | GAM Holding AG                                      | CUSIP: 000000000<br>LEI: 549300GGVID7ZGDMX291 | Long             | EC               | CORP              | CH        |    150000 | NS      | $19282.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Endesa SA                             | Endesa SA                                           | CUSIP: 000000000<br>LEI: 549300LHK07F2CHV4X31 | Long             | EC               | CORP              | ES        |     33000 | NS      | $1045277.49   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                              | Enel SpA                                            | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    300000 | NS      | $2846869.56   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                           | Exelon Corp                                         | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     65800 | NS      | $2857036.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pharol SGPS SA                        | Pharol SGPS SA                                      | CUSIP: 000000000<br>LEI: 549300JNP3LA8FWLU630 | Long             | EC               | CORP              | PT        |     30000 | NS      | $2155.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc                | CenterPoint Energy Inc                              | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |      8470 | NS      | $311187.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc            | Charter Communications Inc                          | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      2100 | NS      | $858501.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                | Valmont Industries Inc                              | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      1050 | NS      | $342898.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc                         | Tidewater Inc                                       | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |       103 | NS      | $4751.39      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                         | United States Treasury Bill                         | CUSIP: 912797PN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5718000 | PA      | $5687962.72   | 2.06%             | 2025-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aris Water Solutions Inc              | Aris Water Solutions Inc                            | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       350 | NS      | $8277.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                              | AT&T Inc                                            | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     35000 | NS      | $1012900.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                             | Hess Corp                                           | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      2000 | NS      | $277080.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                         | United States Treasury Bill                         | CUSIP: 912797PY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    185000 | PA      | $183145.88    | 0.07%             | 2025-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BCE Inc                               | BCE Inc                                             | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |      1000 | NS      | $22177.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                        | TechnipFMC PLC                                      | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |       681 | NS      | $23453.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Furukawa Electric Co Ltd              | Furukawa Electric Co Ltd                            | CUSIP: 000000000<br>LEI: 353800TJR1DQ3P1QR918 | Long             | EC               | CORP              | JP        |      7500 | NS      | $366289.36    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bouygues SA                           | Bouygues SA                                         | CUSIP: 000000000<br>LEI: 969500MOCLNQFNZN0D63 | Long             | EC               | CORP              | FR        |     17000 | NS      | $768965.76    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp           | Matthews International Corp                         | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |      1000 | NS      | $23910.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S               | Vestas Wind Systems A/S                             | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |      6000 | NS      | $90013.03     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                           | Avista Corp                                         | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     53000 | NS      | $2011350.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                   | Cheniere Energy Inc                                 | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |       200 | NS      | $48704.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                           | Unitil Corp                                         | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $886550.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Telekom Austria AG                    | Telekom Austria AG                                  | CUSIP: 000000000<br>LEI: 529900KCNFQU5OJH7L33 | Long             | EC               | CORP              | AT        |     85000 | NS      | $966213.49    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                             | GATX Corp                                           | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     20700 | NS      | $3178692.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou        | Public Service Enterprise Group Inc                 | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     31673 | NS      | $2666233.14   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP SA                                | EDP SA                                              | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | EC               | CORP              | PT        |      7595 | NS      | $32941.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                             | Spire Inc                                           | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     14600 | NS      | $1065654.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc              | Resideo Technologies Inc                            | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |       567 | NS      | $12508.02     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                               | ABB Ltd                                             | CUSIP: 000375204<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |     21000 | NS      | $1253070.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| HUANENG POWER                         | Huaneng Power International Inc                     | CUSIP: 000000000<br>LEI: 529900WU0SMVKMPG4V21 | Long             | EC               | CORP              | CN        |    220000 | NS      | $141809.82    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co          | Portland General Electric Co                        | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     58450 | NS      | $2374823.50   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Eos Energy Enterprises Inc            | Eos Energy Enterprises Inc                          | CUSIP: 29415C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4200 | NS      | $21504.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                    | Energy Transfer LP                                  | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |     84500 | NS      | $1531985.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                       | CMS Energy Corp                                     | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     79844 | NS      | $5531592.32   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corp             | Brookfield Renewable Corp                           | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | US        |      2950 | NS      | $96701.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                          | Enbridge Inc                                        | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     99000 | NS      | $4486680.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc                | Trinity Industries Inc                              | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     12000 | NS      | $324120.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                  | Chart Industries Inc                                | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |       300 | NS      | $49395.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tele2 AB                              | Tele2 AB                                            | CUSIP: 000000000<br>LEI: 213800EKD193RVI9HL76 | Long             | EC               | CORP              | SE        |      1350 | NS      | $19727.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                       | Schlumberger NV                                     | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |       703 | NS      | $23761.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gabelli US Treasury Money Market Fund | Gabelli US Treasury Money Market Fund               | CUSIP: 36239W106<br>LEI: 549300PDG2ZFF5RRB446 | Long             | STIV             | RF                | US        |   2351000 | NS      | $2351000.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Orascom Financial Holding SAE         | Orascom Financial Holding SAE                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | EG        |     59000 | NS      | $695.87       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                  | Edison International                                | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     53700 | NS      | $2770920.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Electric Power Development Co         | Electric Power Development Co Ltd                   | CUSIP: 000000000<br>LEI: 549300KMHPUAQI8VEH90 | Long             | EC               | CORP              | JP        |    115000 | NS      | $1961320.79   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                       | Xcel Energy Inc                                     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    135900 | NS      | $9254790.00   | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                       | Otter Tail Corp                                     | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56500 | NS      | $4355585.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries I        | Hawaiian Electric Industries Inc                    | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     19000 | NS      | $201970.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp             | Korea Electric Power Corp                           | CUSIP: 500631106<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     38000 | NS      | $541120.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Minas Buenaventura SAA         | Cia de Minas Buenaventura SAA                       | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |     30000 | NS      | $492600.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Communications Inc             | Cogeco Communications Inc                           | CUSIP: 19239C106<br>LEI: 549300XHH6LJM6IAXV57 | Long             | EC               | CORP              | CA        |      7500 | NS      | $391316.32    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                      | FirstEnergy Corp                                    | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     97600 | NS      | $3929376.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co                    | Middlesex Water Co                                  | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6200 | NS      | $335916.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubu Electric Power Co Inc           | Chubu Electric Power Co Inc                         | CUSIP: 000000000<br>LEI: 529900A76GOP0PGNHT63 | Long             | EC               | CORP              | JP        |      7500 | NS      | $92757.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Artesian Resources Corp               | Artesian Resources Corp                             | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23000 | NS      | $771880.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                       | T-Mobile US Inc                                     | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      5200 | NS      | $1238952.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange Belgium SA                     | Orange Belgium SA                                   | CUSIP: 000000000<br>LEI: 5493007JS0ZHJVBUWP18 | Long             | EC               | CORP              | BE        |    143500 | NS      | $2848253.65   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sulzer AG                             | Sulzer AG                                           | CUSIP: 000000000<br>LEI: 529900NZ6MAST5IJF669 | Long             | EC               | CORP              | CH        |       100 | NS      | $18047.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc               | Essential Utilities Inc                             | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |     26000 | NS      | $965640.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| XPLR Infrastructure LP                | XPLR Infrastructure LP                              | CUSIP: 65341B106<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | EC               | CORP              | US        |     34400 | NS      | $282080.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VEON Ltd                              | VEON Ltd                                            | CUSIP: 91822M502<br>LEI: 5493008CA3NMHYEVT131 | Long             | EC               | CORP              | NL        |     10000 | NS      | $460700.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinnevik AB                           | Kinnevik AB                                         | CUSIP: 000000000<br>LEI: 2138006PZH76JOS6MN27 | Long             | EC               | CORP              | SE        |      5500 | NS      | $54994.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc            | Mueller Water Products Inc                          | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |      1686 | NS      | $40531.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co Ltd                     | SK Telecom Co Ltd                                   | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |      2300 | NS      | $53705.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                        | Tetra Tech Inc                                      | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |       500 | NS      | $17980.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc                | Ormat Technologies Inc                              | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     12500 | NS      | $1047000.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc             | Keysight Technologies Inc                           | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      2000 | NS      | $327720.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                          | Entergy Corp                                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      7900 | NS      | $656648.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT                                   | NTT                                                 | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |   1750000 | NS      | $1871462.80   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| PrairieSky Royalty Ltd                | PrairieSky Royalty Ltd                              | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |     20000 | NS      | $346906.55    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                          | Ducommun Inc                                        | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |       275 | NS      | $22723.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                  | National Fuel Gas Co                                | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    102582 | NS      | $8689721.22   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurotelesites AG                      | Eurotelesites AG                                    | CUSIP: 000000000<br>LEI: 5299007TJV9W1OY91Y28 | Long             | EC               | CORP              | AT        |     21250 | NS      | $127159.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC                      | Severn Trent PLC                                    | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |    132000 | NS      | $4953729.13   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc        | American Electric Power Co Inc                      | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     48750 | NS      | $5058300.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc               | Consolidated Edison Inc                             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     28500 | NS      | $2859975.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd             | Liberty Latin America Ltd                           | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |      5947 | NS      | $36990.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                   | Alliant Energy Corp                                 | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     78345 | NS      | $4737522.15   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Emera Inc                             | Emera Inc                                           | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |      7000 | NS      | $320660.91    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc            | SolarEdge Technologies Inc                          | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | IL        |       300 | NS      | $6120.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                            | Arcosa Inc                                          | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |       200 | NS      | $17342.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor        | Zurn Elkay Water Solutions Corp                     | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |      4100 | NS      | $149937.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                             | PG&E Corp                                           | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     50000 | NS      | $697000.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                           | ONE Gas Inc                                         | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     30300 | NS      | $2177358.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                     | Devon Energy Corp                                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      4500 | NS      | $143145.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd             | Liberty Latin America Ltd                           | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |     90000 | NS      | $549000.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                | Sempra                                              | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      1989 | NS      | $150706.53    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SDCL EDGE ACQUISITION CORP-A          | SDCL EDGE Acquisition Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7500 | NS      | $225.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Cameco Corp                           | Cameco Corp                                         | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     54842 | NS      | $4070921.66   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp                           | Graham Corp                                         | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |      1396 | NS      | $69115.96     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp                      | Black Hills Corp                                    | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     33000 | NS      | $1851300.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluidra SA                            | Fluidra SA                                          | CUSIP: 000000000<br>LEI: 95980020140005026620 | Long             | EC               | CORP              | ES        |       800 | NS      | $19978.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                      | Badger Meter Inc                                    | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |       400 | NS      | $97980.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica SA                         | Telefonica SA                                       | CUSIP: 879382208<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |    250000 | NS      | $1307500.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Inc                            | Cogeco Inc                                          | CUSIP: 19238T100<br>LEI: 5493000KSZQCX0QM2V25 | Long             | EC               | CORP              | CA        |     20900 | NS      | $1031839.18   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                      | Duke Energy Corp                                    | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     68400 | NS      | $8071200.00   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc         | Everus Construction Group Inc                       | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |      2500 | NS      | $158825.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellula        | Millicom International Cellular SA                  | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |    100500 | NS      | $3765735.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                | Mueller Industries Inc                              | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     48500 | NS      | $3854295.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Medmix AG                             | Medmix AG                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |       300 | NS      | $4567.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc              | Gibraltar Industries Inc                            | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       305 | NS      | $17995.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                        | Flowserve Corp                                      | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |       936 | NS      | $48999.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrise Communications AG             | Sunrise Communications AG                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     36000 | NS      | $2029012.54   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| BT Group PLC                          | BT Group PLC                                        | CUSIP: 000000000<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |    100000 | NS      | $265950.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                             | ONEOK Inc                                           | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    139800 | NS      | $11411874.00  | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alstom SA                             | Alstom SA                                           | CUSIP: 000000000<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |       548 | NS      | $12781.23     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                              | Engie SA                                            | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     12300 | NS      | $288689.04    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                         | EchoStar Corp                                       | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     20000 | NS      | $554000.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugoku Electric Power Co Inc/        | Chugoku Electric Power Co Inc/The                   | CUSIP: 000000000<br>LEI: 353800MV866ELME96Q46 | Long             | EC               | CORP              | JP        |      8000 | NS      | $39609.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                  | WEC Energy Group Inc                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |    114070 | NS      | $11886094.00  | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Iveco Group NV                        | Iveco Group NV                                      | CUSIP: 000000000<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |     45000 | NS      | $885229.43    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sable Offshore Corp                   | Sable Offshore Corp                                 | CUSIP: 78574H104<br>LEI: 254900IMMKZUOZF7V487 | Long             | EC               | CORP              | US        |       919 | NS      | $20199.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                   | Dominion Energy Inc                                 | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     46200 | NS      | $2611224.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Cellular Corp           | United States Cellular Corp                         | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     31200 | NS      | $1995864.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA               | Veolia Environnement SA                             | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     27712 | NS      | $987461.35    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Co        | Algonquin Power & Utilities Corp                    | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |    100000 | NS      | $573000.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                   | General Electric Co                                 | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     10000 | NS      | $2573900.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                   | Deutsche Telekom AG                                 | CUSIP: 251566105<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     60000 | NS      | $2195400.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Electric Power Co Inc          | Kyushu Electric Power Co Inc                        | CUSIP: 000000000<br>LEI: 549300BYNZPLKQVQH430 | Long             | EC               | CORP              | JP        |     22000 | NS      | $196694.56    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Allient Inc                           | Allient Inc                                         | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |       566 | NS      | $20551.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                     | Atmos Energy Corp                                   | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     23800 | NS      | $3667818.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansai Electric Power Co Inc/T        | Kansai Electric Power Co Inc/The                    | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |     25000 | NS      | $296691.09    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc        | Air Products and Chemicals Inc                      | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |       200 | NS      | $56412.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                     | National Grid PLC                                   | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    100625 | NS      | $1466174.65   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc            | Southwest Gas Holdings Inc                          | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |    128415 | NS      | $9552791.85   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                          | Iberdrola SA                                        | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |     96000 | NS      | $1842125.33   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc            | Verizon Communications Inc                          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     35000 | NS      | $1514450.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                   | Deutsche Telekom AG                                 | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     98000 | NS      | $3575148.93   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc             | Rogers Communications Inc                           | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |     28000 | NS      | $830480.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hera SpA                              | Hera SpA                                            | CUSIP: 000000000<br>LEI: 8156009414FD99443B48 | Long             | EC               | CORP              | IT        |    560000 | NS      | $2705892.50   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                              | PPL Corp                                            | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     22240 | NS      | $753713.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Altice USA Inc                        | Altice USA Inc                                      | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |      4000 | NS      | $8560.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                      | Exxon Mobil Corp                                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     16500 | NS      | $1778700.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Shikoku Electric Power Co Inc         | Shikoku Electric Power Co Inc                       | CUSIP: 000000000<br>LEI: 353800KWK6U7ZCIWXS64 | Long             | EC               | CORP              | JP        |     15000 | NS      | $125776.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                          | Xylem Inc/NY                                        | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      1250 | NS      | $161700.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                         | United States Treasury Bill                         | CUSIP: 912797QG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7894191.12   | 2.86%             | 2025-10-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Northwest Natural Holding Co          | Northwest Natural Holding Co                        | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |      7000 | NS      | $278040.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                      | DT Midstream Inc                                    | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $879280.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                     | Eversource Energy                                   | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    118000 | NS      | $7507160.00   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Operadora De Sites Mexicanos S        | Operadora De Sites Mexicanos SAB de CV              | CUSIP: 000000000<br>LEI: 4469000001BRCBO8VP14 | Long             | EC               | CORP              | MX        |      1200 | NS      | $1089.72      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tohoku Electric Power Co Inc          | Tohoku Electric Power Co Inc                        | CUSIP: 000000000<br>LEI: 353800KTF7EYIIYHY088 | Long             | EC               | CORP              | JP        |     11000 | NS      | $80243.74     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co              | American States Water Co                            | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |     26000 | NS      | $1993160.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                   | Clearway Energy Inc                                 | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      3000 | NS      | $96000.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                         | DTE Energy Co                                       | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     16800 | NS      | $2225328.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp             | Constellation Energy Corp                           | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     18450 | NS      | $5954922.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                       | OGE Energy Corp                                     | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    176900 | NS      | $7850822.00   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp            | Pinnacle West Capital Corp                          | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      2400 | NS      | $214728.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkcell Iletisim Hizmetleri A        | Turkcell Iletisim Hizmetleri AS                     | CUSIP: 900111204<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |     60000 | NS      | $363000.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Telesat Corp                          | Telesat Corp                                        | CUSIP: 879512309<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     30000 | NS      | $733200.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Indosat Tbk PT                        | Indosat Tbk PT                                      | CUSIP: 000000000<br>LEI: 254900YJOUDT9FUSHL33 | Long             | EC               | CORP              | ID        |      8000 | NS      | $1029.87      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                     | National Grid PLC                                   | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |     59200 | NS      | $4405072.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc         | Northwestern Energy Group Inc                       | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     72500 | NS      | $3719250.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                       | Sony Group Corp                                     | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     55500 | NS      | $1444665.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| L B Foster Co                         | L B Foster Co                                       | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |      2136 | NS      | $46714.32     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                        | MGE Energy Inc                                      | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56400 | NS      | $4988016.00   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                               | AZZ Inc                                             | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     15222 | NS      | $1438174.56   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Landis+Gyr Group AG                   | Landis+Gyr Group AG                                 | CUSIP: 000000000<br>LEI: 529900PZYVAKCYSLFL19 | Long             | EC               | CORP              | CH        |      2800 | NS      | $196206.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc               | MDU Resources Group Inc                             | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $166700.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc                       | TXNM Energy Inc                                     | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |     82450 | NS      | $4643584.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| RGC Resources Inc                     | RGC Resources Inc                                   | CUSIP: 74955L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55000 | NS      | $1230900.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE Inc                               | BCE Inc                                             | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |     10000 | NS      | $221700.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc           | American Water Works Co Inc                         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     22400 | NS      | $3116064.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                    | NextEra Energy Inc                                  | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    178400 | NS      | $12384528.00  | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hokkaido Electric Power Co Inc        | Hokkaido Electric Power Co Inc                      | CUSIP: 000000000<br>LEI: 353800XDXIIZDHUO0J51 | Long             | EC               | CORP              | JP        |     15000 | NS      | $78236.87     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE Inc                            | ALLETE Inc                                          | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |     15000 | NS      | $961050.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                       | Southern Co/The                                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      3500 | NS      | $321405.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                         | Timken Co/The                                       | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |       300 | NS      | $21765.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                           | IDACORP Inc                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      4700 | NS      | $542615.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                           | H2O America                                         | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29000 | NS      | $1507130.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp/The                          | AES Corp/The                                        | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    260000 | NS      | $2735200.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Orsted AS                             | Orsted AS                                           | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |       600 | NS      | $25766.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                        | Halliburton Co                                      | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     33000 | NS      | $672540.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| York Water Co/The                     | York Water Co/The                                   | CUSIP: 987184108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9100 | NS      | $287560.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hokuriku Electric Power Co            | Hokuriku Electric Power Co                          | CUSIP: 000000000<br>LEI: 353800Z4ZNGBULYR8W57 | Long             | EC               | CORP              | JP        |     13000 | NS      | $64952.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Green Energy Corp            | Capstone Green Energy Corp                          | CUSIP: 14067D607<br>LEI: 54930065ZCHE9KQTEZ38 | Long             | EC               | CORP              | US        |      5000 | NS      | $5450.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange SA                             | Orange SA                                           | CUSIP: 684060106<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |      6000 | NS      | $91140.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| America Movil SAB de CV               | America Movil SAB de CV                             | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |      5000 | NS      | $89700.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                             | Linde PLC                                           | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |       250 | NS      | $117295.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelleron Industries AG              | Accelleron Industries AG                            | CUSIP: 00449R109<br>LEI: 254900KS0MD2PAARXD14 | Long             | EC               | CORP              | CH        |      1200 | NS      | $84216.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                          | NiSource Inc                                        | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     48000 | NS      | $1936320.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp             | Chesapeake Utilities Corp                           | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      9000 | NS      | $1081980.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovex International Inc             | Innovex International Inc                           | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     18700 | NS      | $292094.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd                    | Liberty Global Ltd                                  | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | GB        |     85000 | NS      | $876350.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                     | Kinder Morgan Inc                                   | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    103000 | NS      | $3028200.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                    | Vodafone Group PLC                                  | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    230000 | NS      | $2451800.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                     | CNH Industrial NV                                   | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |    212000 | NS      | $2747520.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp                      | Knife River Corp                                    | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $204100.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                            | Evergy Inc                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    130500 | NS      | $8995365.00   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group        | California Water Service Group                      | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |     33200 | NS      | $1509936.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Orascom Investment Holding            | Orascom Investment Holding                          | CUSIP: 68555D206<br>LEI: 549300UT4N1DC4S2ZB61 | Long             | EC               | CORP              | EG        |     10000 | NS      | $140.00       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Liberty Global Ltd                    | Liberty Global Ltd                                  | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | GB        |     83000 | NS      | $830830.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SMARTONE TELE                         | SmarTone Telecommunications Holdings Ltd            | CUSIP: 000000000<br>LEI: 529900CT7EGMVQRYNQ45 | Long             | EC               | CORP              | HK        |       400 | NS      | $224.71       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                         | United States Treasury Bill                         | CUSIP: 912797PF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7065000 | PA      | $7046211.48   | 2.56%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                        | NRG Energy Inc                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     18000 | NS      | $2890440.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Inc                    | Venture Global Inc                                  | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |      8000 | NS      | $124640.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                               | ITT Inc                                             | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |       166 | NS      | $26033.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                           | Ameren Corp                                         | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     17150 | NS      | $1647086.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Gabelli Utility Trust

**Signature:** John C. Ball

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

**Title:** Treasurer