The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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 5,910 81,800 SH   SOLE   81,800 0 0
AMEREN CORP COM 023608102 8,070 142,504 SH   SOLE   142,504 0 0
AVANGRID INC COM 05351W103 2,016 39,440 SH   SOLE   39,440 0 0
BLACK HILLS CORP COM 092113109 1,945 35,820 SH   SOLE   35,820 0 0
CONSOLIDATED EDISON INC COM 209115104 7,966 102,213 SH   SOLE   102,213 0 0
CSX CORP COM 126408103 7,818 140,330 SH   SOLE   140,330 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 7,863 101,497 SH   SOLE   101,497 0 0
EVERSOURCE ENERGY COM 30040W108 5,906 100,240 SH   SOLE   100,240 0 0
GREAT PLAINS ENERGY INC COM 391164100 5,868 184,580 SH   SOLE   184,580 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 7,732 224,890 SH   SOLE   224,890 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 6,023 54,833 SH   SOLE   54,833 0 0
NATIONAL FUEL GAS CO N J COM 636180101 7,687 149,400 SH   SOLE   149,400 0 0
NORFOLK SOUTHERN CORP COM 655844108 7,604 56,004 SH   SOLE   56,004 0 0
NORTHWESTERN CORP COM NEW 668074305 6,029 112,057 SH   SOLE   112,057 0 0
PINNACLE WEST CAP CORP COM 723484101 7,800 97,739 SH   SOLE   97,739 0 0
PPL CORP COM 69351T106 7,658 270,708 SH   SOLE   270,708 0 0
SJW GROUP COM 784305104 1,788 33,920 SH   SOLE   33,920 0 0
UNION PAC CORP COM 907818108 7,583 56,410 SH   SOLE   56,410 0 0