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 4,403 58,697 SH   SOLE   58,697 0 0
AMEREN CORP COM 023608102 6,631 104,883 SH   SOLE   104,883 0 0
AVANGRID INC COM 05351W103 2,073 43,247 SH   SOLE   43,247 0 0
BLACK HILLS CORP COM 092113109 2,005 34,518 SH   SOLE   34,518 0 0
CONSOLIDATED EDISON INC COM 209115104 6,337 83,170 SH   SOLE   83,170 0 0
CSX CORP COM 126408103 6,552 88,482 SH   SOLE   88,482 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 6,534 81,659 SH   SOLE   81,659 0 0
EVERGY INC COM 30034W106 4,264 77,639 SH   SOLE   77,639 0 0
EVERSOURCE ENERGY COM 30040W108 4,381 71,308 SH   SOLE   71,308 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 6,644 186,676 SH   SOLE   186,676 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 4,205 37,120 SH   SOLE   37,120 0 0
NATIONAL FUEL GAS CO N J COM 636180101 6,640 118,436 SH   SOLE   118,436 0 0
NORFOLK SOUTHERN CORP COM 655844108 6,826 37,817 SH   SOLE   37,817 0 0
NORTHWEST NAT GAS CO COM 667655104 2,224 33,242 SH   SOLE   33,242 0 0
NORTHWESTERN CORP COM NEW 668074305 4,325 73,727 SH   SOLE   73,727 0 0
PINNACLE WEST CAP CORP COM 723484101 6,522 82,364 SH   SOLE   82,364 0 0
PPL CORP COM 69351T106 6,596 225,434 SH   SOLE   225,434 0 0
SJW GROUP COM 784305104 2,368 38,729 SH   SOLE   38,729 0 0
UNION PAC CORP COM 907818108 7,103 43,623 SH   SOLE   43,623 0 0