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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLETE INC COM NEW 018522300 8,470 63,160 SH   SOLE   63,160 0 0
AMEREN CORP COM 023608102 7,788 132,020 SH   SOLE   132,020 0 0
AVANGRID INC COM 05351W103 5,876 93,000 SH   SOLE   93,000 0 0
BLACK HILLS CORP COM 092113109 8,130 224,890 SH   SOLE   224,890 0 0
CONSOLIDATED EDISON INC COM 209115104 7,830 142,340 SH   SOLE   142,340 0 0
CSX CORP COM 126408103 2,153 35,820 SH   SOLE   35,820 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 2,107 41,650 SH   SOLE   41,650 0 0
EVERSOURCE ENERGY COM 30040W108 8,194 96,200 SH   SOLE   96,200 0 0
GREAT PLAINS ENERGY INC COM 391164100 2,165 33,920 SH   SOLE   33,920 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 5,951 184,580 SH   SOLE   184,580 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 5,905 98,907 SH   SOLE   98,907 0 0
NATIONAL FUEL GAS CO N J COM 636180101 7,799 92,720 SH   SOLE   92,720 0 0
NORFOLK SOUTHERN CORP COM 655844108 8,204 149,400 SH   SOLE   149,400 0 0
NORTHWESTERN CORP COM NEW 668074305 7,468 241,278 SH   SOLE   241,278 0 0
PINNACLE WEST CAP CORP COM 723484101 8,076 95,070 SH   SOLE   95,070 0 0
PPL CORP COM 69351T106 6,083 81,800 SH   SOLE   81,800 0 0
SJW GROUP COM 784305104 5,770 54,833 SH   SOLE   54,833 0 0
UNION PAC CORP COM 907818108 8,392 57,919 SH   SOLE   57,919 0 0