Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ENB	ENBRIDGE INC	26,219	$1.043M	4.0%	$24.13	-1.3%	COM	29250N105
—	TRANSCANADA CORP	21,563	$1.027M	3.9%	$58.02	—	COM	89353D107
SU	SUNCOR ENERGY INC NEW	33,230	$970K	3.7%	$21.94	+1.8%	COM	867224107
WY	WEYERHAEUSER CO	27,906	$935K	3.6%	$22.12	+8.6%	COM	962166104
—	TOTAL S A	17,177	$852K	3.3%	$50.45	—	SPONSORED ADR	89151E109
—	MONSANTO CO NEW	6,143	$727K	2.8%	$115.49	—	COM	61166W101
—	ANADARKO PETE CORP	15,365	$697K	2.7%	$65.95	—	COM	032511107
SLB	SCHLUMBERGER LTD	9,877	$650K	2.5%	$59.78	-6.6%	COM	806857108
—	MACQUARIE INFRASTRUCTURE COR	7,620	$597K	2.3%	$74.34	—	COM	55608B105
CF	CF INDS HLDGS INC	21,218	$593K	2.3%	$29.54	-25.5%	COM	125269100
MDLZ	MONDELEZ INTL INC	13,499	$583K	2.2%	$33.97	+7.9%	CL A	609207105
—	UNITED STATES STL CORP NEW	26,180	$580K	2.2%	$22.15	—	COM	912909108
—	KANSAS CITY SOUTHERN	5,477	$573K	2.2%	$109.75	—	COM NEW	485170302
CNQ	CANADIAN NAT RES LTD	19,329	$557K	2.1%	$10.37	-2.4%	COM	136385101
DE	DEERE & CO	4,380	$541K	2.1%	$102.78	0.0%	COM	244199105
—	ATLANTICA YIELD PLC	24,945	$533K	2.0%	$18.61	—	SHS	G0751N103
CNI	CANADIAN NATL RY CO	6,500	$527K	2.0%	$61.72	+5.4%	COM	136375102
APD	AIR PRODS & CHEMS INC	3,615	$517K	2.0%	$112.88	+1.8%	COM	009158106
—	PIONEER NAT RES CO	3,175	$507K	1.9%	$181.45	—	COM	723787107
IP	INTL PAPER CO	8,626	$488K	1.9%	$32.61	+6.6%	COM	460146103
RIO	RIO TINTO PLC	11,505	$487K	1.9%	$40.45	—	SPONSORED ADR	767204100
SFM	SPROUTS FMRS MKT INC	21,000	$476K	1.8%	$23.16	0.0%	COM	85208M102
ALB	ALBEMARLE CORP	4,460	$471K	1.8%	$91.57	+5.6%	COM	012653101
—	ROYAL DUTCH SHELL PLC	8,835	$470K	1.8%	$52.72	—	SPONS ADR A	780259206
—	KAPSTONE PAPER & PACKAGING C	22,562	$465K	1.8%	$29.13	—	COM	48562P103
CCJ	CAMECO CORP	49,710	$452K	1.7%	$10.19	-7.5%	COM	13321L108
WM	WASTE MGMT INC DEL	5,775	$424K	1.6%	$39.68	+57.6%	COM	94106L109
CSX	CSX CORP	7,740	$422K	1.6%	$8.82	+72.7%	COM	126408103
—	DU PONT E I DE NEMOURS & CO	5,225	$422K	1.6%	$80.77	—	COM	263534109
—	TESORO CORP	4,455	$417K	1.6%	$86.63	—	COM	881609101
EOG	EOG RES INC	4,565	$413K	1.6%	$68.68	0.0%	COM	26875P101
MPC	MARATHON PETE CORP	7,700	$403K	1.5%	$34.36	+15.0%	COM	56585A102
ZTS	ZOETIS INC	6,389	$399K	1.5%	$41.13	+34.4%	CL A	98978V103
CVX	CHEVRON CORP NEW	3,815	$398K	1.5%	$75.03	-2.4%	COM	166764100
PKG	PACKAGING CORP AMER	3,479	$388K	1.5%	$51.70	+51.0%	COM	695156109
MT	ARCELORMITTAL SA LUXEMBOURG	16,864	$383K	1.5%	$22.71	—	NY REGISTRY SH	03938L203
—	NABORS INDUSTRIES LTD	46,285	$377K	1.4%	$11.72	—	SHS	G6359F103
UGP	ULTRAPAR PARTICIPACOES S A	15,090	$355K	1.4%	$20.79	—	SP ADR REP COM	90400P101
—	WEATHERFORD INTL PLC	90,875	$352K	1.3%	$3.87	—	ORD SHS	G48833100
VALE	VALE S A	40,200	$352K	1.3%	$8.69	—	ADR	91912E105
NEM	NEWMONT MINING CORP	10,840	$351K	1.3%	$27.52	-3.4%	COM	651639106
—	BARRICK GOLD CORP	21,655	$344K	1.3%	$20.23	—	COM	067901108
—	BUNGE LIMITED	4,360	$325K	1.2%	$74.54	—	COM	G16962105
TU	TELUS CORP	9,195	$317K	1.2%	$16.78	0.0%	COM	87971M103
BHP	BHP BILLITON LTD	8,865	$316K	1.2%	$35.09	—	SPONSORED ADR	088606108
ADM	ARCHER DANIELS MIDLAND CO	7,427	$307K	1.2%	$35.49	-6.4%	COM	039483102
—	WESTROCK CO	4,839	$274K	1.0%	$51.46	—	COM	96145D105
KMI	KINDER MORGAN INC DEL	13,874	$266K	1.0%	$13.32	-6.4%	COM	49456B101
—	ENCANA CORP	30,000	$264K	1.0%	$15.57	—	COM	292505104
WPM	WHEATON PRECIOUS METALS CORP	12,800	$254K	1.0%	$18.25	0.0%	COM	962879102
AWK	AMERICAN WTR WKS CO INC NEW	3,151	$246K	0.9%	$41.63	+60.2%	COM	030420103
PBA	PEMBINA PIPELINE CORP	7,100	$235K	0.9%	$18.37	+11.5%	COM	706327103
LNG	CHENIERE ENERGY INC	4,498	$219K	0.8%	$40.38	+18.1%	COM NEW	16411R208
AMT	AMERICAN TOWER CORP NEW	1,603	$212K	0.8%	$102.88	0.0%	COM	03027X100
SBAC	SBA COMMUNICATIONS CORP NEW	1,509	$204K	0.8%	$120.02	0.0%	CL A	78410G104
—	FAIRMOUNT SANTROL HLDGS INC	39,485	$154K	0.6%	$7.15	—	COM	30555Q108