SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* LBT 2019 Trust (Last) (First) (Middle) 3000 A STREET SUITE 200 (Street) ANCHORAGE AK 99503 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/16/2020	3. Issuer Name and Ticker or Trading Symbol BOULDER GROWTH & INCOME FUND [ BIF ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
COMMON STOCK	5,678,000(1)	D(1)(2)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On January 16, 2020, the Reporting Person (also referred to as the 2019 Trust) received a distribution of 5,678,000 shares (the Shares) of Boulder Growth & Income Fund, Inc. (the Company) from an affiliated trust, the Lola Brown Trust No. 1B (LB Trust). The Reporting Person received the Shares in accordance with its governing trust instrument on behalf of its beneficiaries, Stewart R. Horejsi, Susan L. Ciciora, John S. Horejsi, John X. Ciciora, Jack S. Ciciora, Amanda N. Ciciora and Courtney M. Ciciora (the Beneficiaries). Under the terms of the 2019 Trust, each Beneficiary has the right to appoint their respectively allocated Shares in their discretion. It is anticipated, however, that the Beneficiares will appoint their allocated Shares to existing or new trusts with respect to which each is or will be the grantor.

2. The trustee of the 2019 Trust is Peak Trust Company-AK, which may be deemed to control the 2019 Trust. As a result of being a beneficiary under the 2019 Trust and his advisory role with the 2019 Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the Shares directly beneficially owned by the 2019 Trust. However, Mr. Horejsi disclaims such beneficial ownership of the shares directly beneficially held by the 2019 Trust.

3. The 2019 Trust and trusts, persons and entities affiliated with the 2019 Trust, including LB Trust, Ernest Horejsi Trust No. 1B, Mildred B. Horejsi Trust, Stewart R. Horejsi Trust No. 2, STewart West Indies Trust, Susan L. Ciciora Trust and Susan L. Ciciora own an aggregate of 45,384,254 shares of the Company.

	/s/ Matthew Blattmachr	01/21/2020
	President Peak Trust Company, Trustee of the Trust	01/21/2020
	Stewart R. Horejsi	01/21/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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