Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WMB	WILLIAMS COS INC	410,323	$30.5M	7.9%	$74.34	—	—	969457100
SLB	SLB LIMITED	531,546	$24.71M	6.4%	$46.49	—	—	806857108
NEE	NEXTERA ENERGY INC	240,391	$21.1M	5.5%	$87.77	—	—	65339F101
VST	VISTRA CORP	124,901	$19.81M	5.1%	$158.63	—	—	92840M102
CP	CANADIAN PACIFIC KANSAS CITY	185,368	$16.06M	4.2%	$86.65	—	—	13646K108
CEG	CONSTELLATION ENERGY CORP	63,976	$15.89M	4.1%	$248.37	—	—	21037T109
DLR	DIGITAL RLTY TR INC	84,979	$15.26M	4.0%	$179.59	—	—	253868103
EQT	EQT CORP	259,594	$13.8M	3.6%	$53.17	—	—	26884L109
LNG	CHENIERE ENERGY INC	55,533	$13.27M	3.4%	$239.01	—	—	16411R208
NRG	NRG ENERGY INC	90,744	$13.25M	3.4%	$146.06	—	—	629377508
UNP	UNION PAC CORP	47,283	$12.86M	3.3%	$272.00	—	—	907818108
TRP	TC ENERGY CORP	177,391	$11.76M	3.1%	$66.29	—	—	87807B107
SBAC	SBA COMMUNICATIONS CORP	63,760	$11.25M	2.9%	$176.46	—	—	78410G104
SO	SOUTHERN CO	115,871	$11.09M	2.9%	$95.71	—	—	842587107
SRE	SEMPRA	116,533	$10.8M	2.8%	$92.71	—	—	816851109
HAL	HALLIBURTON CO	318,002	$10.8M	2.8%	$33.95	—	—	406216101
ENB	ENBRIDGE INC	184,766	$10.02M	2.6%	$54.21	—	—	29250N105
AMT	AMERICAN TOWER CORP	58,925	$9.638M	2.5%	$163.56	—	—	03027X100
DTM	DT MIDSTREAM INC	54,239	$7.959M	2.1%	$146.74	—	—	23345M107
HASI	HA SUSTAINABLE INFRASTRUCTR	187,959	$7.34M	1.9%	$39.05	—	—	41068X100
WM	WASTE MGMT INC DEL	31,389	$6.996M	1.8%	$222.88	—	—	94106L109
NGG	NATIONAL GRID PLC	84,370	$6.992M	1.8%	$82.87	—	—	636274409
ETR	ENTERGY CORP NEW	56,073	$6.441M	1.7%	$114.87	—	—	29364G103
EIX	EDISON INTL	85,471	$6.363M	1.7%	$74.45	—	—	281020107
RWEOY	RWE AKTIENGESELLSCHAFT	97,719	$6.348M	1.6%	$64.96	—	—	74975E303
BMI	BADGER METER INC	39,375	$5.842M	1.5%	$148.37	—	—	056525108
AWK	AMERICAN WTR WKS CO INC NEW	36,013	$4.739M	1.2%	$131.59	—	—	030420103
D	DOMINION ENERGY INC	61,605	$4.207M	1.1%	$68.29	—	—	25746U109
XYL	XYLEM INC	34,513	$4.08M	1.1%	$118.22	—	—	98419M100
XEL	XCEL ENERGY INC	49,822	$4.001M	1.0%	$80.31	—	—	98389B100
WCN	WASTE CONNECTIONS INC	23,801	$3.967M	1.0%	$166.67	—	—	94106B101
GFL	GFL ENVIRONMENTAL INC	106,981	$3.936M	1.0%	$36.79	—	—	36168Q104
AEP	AMERICAN ELEC PWR CO INC	26,592	$3.638M	0.9%	$136.81	—	—	025537101
EXC	EXELON CORP	77,480	$3.612M	0.9%	$46.62	—	—	30161N101
IBDRY	IBERDROLA SA	29,888	$2.986M	0.8%	$99.91	—	—	450737101
PAC	GRUPO AEROPORTUARIO DEL PAC	9,701	$2.975M	0.8%	$306.67	—	—	400506101
DUK	DUKE ENERGY CORP NEW	22,975	$2.908M	0.8%	$126.57	—	—	26441C204
OKE	ONEOK INC NEW	28,513	$2.479M	0.6%	$86.94	—	—	682680103
PEG	PUBLIC SVC ENTERPRISE GROUP	27,549	$2.236M	0.6%	$81.16	—	—	744573106
UGP	ULTRAPAR PARTICIPACOES SA	405,382	$2.035M	0.5%	$5.02	—	—	90400P101
FE	FIRSTENERGY CORP	41,927	$1.993M	0.5%	$47.53	—	—	337932107
CMS	CMS ENERGY CORP	23,622	$1.807M	0.5%	$76.50	—	—	125896100
WTRG	ESSENTIAL UTILS INC	36,596	$1.402M	0.4%	$38.31	—	—	29670G102
TAC	TRANSALTA CORP	99,595	$1.377M	0.4%	$13.83	—	—	89346D107
DTE	DTE ENERGY CO	7,858	$1.197M	0.3%	$152.33	—	—	233331107
OMAB	GRUPO AEROPORTUARIO DEL CENT	9,365	$1.059M	0.3%	$113.08	—	—	400501102
ATO	ATMOS ENERGY CORP	3,975	$685K	0.2%	$172.33	—	—	049560105
ENLAY	ENEL SOCIETA PER AZIONI	49,779	$569K	0.1%	$11.43	—	—	29265W207
NI	NISOURCE INC	11,825	$562K	0.1%	$47.53	—	—	65473P105
ENPH	ENPHASE ENERGY INC	11,110	$547K	0.1%	$49.23	—	—	29355A107
TMUS	T-MOBILE US INC	194	$33,000	0.0%	$170.10	—	—	872590104

Exited Positions (53)

— Williams Ord Shs 0.0%

Value $29,863 Shares 410,323 Est. Cost $0.07 Unrealized —

— SLB Ord Shs 0.0%

Value $27,316 Shares 531,546 Est. Cost $0.05 Unrealized —

— NextEra Energy Ord Shs 0.0%

Value $22,328 Shares 240,391 Est. Cost $0.09 Unrealized —

— Vistra Ord Shs 0.0%

Value $18,776 Shares 124,901 Est. Cost $0.15 Unrealized —

— Constellation Energy Ord Shs 0.0%

Value $17,865 Shares 63,976 Est. Cost $0.28 Unrealized —

— EQT Ord Shs 0.0%

Value $16,521 Shares 259,594 Est. Cost $0.06 Unrealized —

— Cheniere Energy Ord Shs 0.0%

Value $15,758 Shares 55,533 Est. Cost $0.28 Unrealized —

— Digital Realty Trust REIT Ord Shs 0.0%

Value $15,314 Shares 84,979 Est. Cost $0.18 Unrealized —

— Canadian Pacific Kansas City Ord Shs 0.0%

Value $14,581 Shares 185,368 Est. Cost $0.08 Unrealized —

— NRG Energy Ord Shs 0.0%

Value $13,261 Shares 90,744 Est. Cost $0.15 Unrealized —

— Halliburton Ord Shs 0.0%

Value $12,399 Shares 318,002 Est. Cost $0.04 Unrealized —

— Union Pacific Ord Shs 0.0%

Value $11,472 Shares 47,283 Est. Cost $0.24 Unrealized —

— Sempra Ord Shs 0.0%

Value $11,324 Shares 116,533 Est. Cost $0.10 Unrealized —

— Southern Ord Shs 0.0%

Value $11,184 Shares 115,871 Est. Cost $0.10 Unrealized —

— TC Energy Ord Shs 0.0%

Value $11,105 Shares 177,391 Est. Cost $0.06 Unrealized —

— SBA Communications REIT Ord Shs Class A 0.0%

Value $10,974 Shares 63,760 Est. Cost $0.17 Unrealized —

— American Tower REIT 0.0%

Value $10,169 Shares 58,925 Est. Cost $0.17 Unrealized —

— Enbridge Ord Shs 0.0%

Value $10,003 Shares 184,766 Est. Cost $0.05 Unrealized —

— DT Midstream Ord Shs 0.0%

Value $7,304 Shares 54,239 Est. Cost $0.13 Unrealized —

— Waste Management Ord Shs 0.0%

Value $7,213 Shares 31,389 Est. Cost $0.23 Unrealized —

— National Grid ADR repsg 5 Ord Shs 0.0%

Value $7,138 Shares 84,370 Est. Cost $0.08 Unrealized —

— HA Sustainable Infrastructure Capital Ord Shs 0.0%

Value $6,907 Shares 187,959 Est. Cost $0.04 Unrealized —

— RWE ADR Representing 1 Ord Shs 0.0%

Value $6,576 Shares 97,719 Est. Cost $0.07 Unrealized —

— Entergy Ord Shs 0.0%

Value $6,300 Shares 56,073 Est. Cost $0.11 Unrealized —

— Edison International Ord Shs 0.0%

Value $6,255 Shares 85,471 Est. Cost $0.07 Unrealized —

— Badger Meter Ord Shs 0.0%

Value $5,999 Shares 39,375 Est. Cost $0.15 Unrealized —

— American Water Works Ord Shs 0.0%

Value $4,901 Shares 36,013 Est. Cost $0.14 Unrealized —

— GFL Environmental Subordinate voting Ord Shs 0.0%

Value $4,463 Shares 106,981 Est. Cost $0.04 Unrealized —

— Enel Ord Shs 0.0%

Value $4,321 Shares 400,000 Est. Cost $0.01 Unrealized —

— Xylem Ord Shs 0.0%

Value $4,124 Shares 34,513 Est. Cost $0.12 Unrealized —

— Xcel Energy Ord Shs 0.0%

Value $3,958 Shares 49,822 Est. Cost $0.08 Unrealized —

— Waste Connections Ord Shs 0.0%

Value $3,866 Shares 23,801 Est. Cost $0.16 Unrealized —

— Dominion Energy Ord Shs 0.0%

Value $3,808 Shares 61,605 Est. Cost $0.06 Unrealized —

— Exelon Ord Shs 0.0%

Value $3,798 Shares 77,480 Est. Cost $0.05 Unrealized —

— American Electric Power Ord Shs 0.0%

Value $3,486 Shares 26,592 Est. Cost $0.13 Unrealized —

— Grupo Aeroportuario ADR Representing 10 Ord Shs Series B 0.0%

Value $3,261 Shares 9,701 Est. Cost $0.34 Unrealized —

— Duke Energy Ord Shs 0.0%

Value $3,008 Shares 22,975 Est. Cost $0.13 Unrealized —

— Iberdrola ADR 0.0%

Value $2,757 Shares 29,888 Est. Cost $0.09 Unrealized —

— Oneok Ord Shs 0.0%

Value $2,577 Shares 28,513 Est. Cost $0.09 Unrealized —

— Ultrapar Participacoes ADR Representing 1 Ord Shs 0.0%

Value $2,234 Shares 405,382 Est. Cost $0.01 Unrealized —

— Public Service Enterprise Group Ord Shs 0.0%

Value $2,230 Shares 27,549 Est. Cost $0.08 Unrealized —

— FirstEnergy Ord Shs 0.0%

Value $2,124 Shares 41,927 Est. Cost $0.05 Unrealized —

— CMS Energy Ord Shs 0.0%

Value $1,833 Shares 23,622 Est. Cost $0.08 Unrealized —

— Essential Utilities Ord Shs 0.0%

Value $1,474 Shares 36,596 Est. Cost $0.04 Unrealized —

— TransAlta Ord Shs 0.0%

Value $1,305 Shares 99,595 Est. Cost $0.01 Unrealized —

— Solaredge Technologies Ord Shs 0.0%

Value $1,219 Shares 23,883 Est. Cost $0.05 Unrealized —

— DTE Energy Ord Shs 0.0%

Value $1,149 Shares 7,858 Est. Cost $0.15 Unrealized —

— Grupo Aeroportuario del Centro Norte ADS representing 8 Ord Shs Series B 0.0%

Value $1,074 Shares 9,365 Est. Cost $0.11 Unrealized —

— Atmos Energy Ord Shs 0.0%

Value $734 Shares 3,975 Est. Cost $0.18 Unrealized —

— NiSource Ord Shs 0.0%

Value $552 Shares 11,825 Est. Cost $0.05 Unrealized —

— Enel Societa Per Azioni Unsponsored Italy ADR 0.0%

Value $542 Shares 49,779 Est. Cost $0.01 Unrealized —

— Enphase Energy Ord Shs 0.0%

Value $420 Shares 11,110 Est. Cost $0.04 Unrealized —

— T Mobile US Ord Shs 0.0%

Value $41 Shares 194 Est. Cost $0.21 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Williams Ord Shs	410,323	$29,863	0.0%	$0.07	—	—	096945710
—	SLB Ord Shs	531,546	$27,316	0.0%	$0.05	—	—	080685710
—	NextEra Energy Ord Shs	240,391	$22,328	0.0%	$0.09	—	—	065339F10
—	Vistra Ord Shs	124,901	$18,776	0.0%	$0.15	—	—	092840M10
—	Constellation Energy Ord Shs	63,976	$17,865	0.0%	$0.28	—	—	021037T10
—	EQT Ord Shs	259,594	$16,521	0.0%	$0.06	—	—	026884L10
—	Cheniere Energy Ord Shs	55,533	$15,758	0.0%	$0.28	—	—	016411R20
—	Digital Realty Trust REIT Ord Shs	84,979	$15,314	0.0%	$0.18	—	—	025386810
—	Canadian Pacific Kansas City Ord Shs	185,368	$14,581	0.0%	$0.08	—	—	013646K10
—	NRG Energy Ord Shs	90,744	$13,261	0.0%	$0.15	—	—	062937750
—	Halliburton Ord Shs	318,002	$12,399	0.0%	$0.04	—	—	040621610
—	Union Pacific Ord Shs	47,283	$11,472	0.0%	$0.24	—	—	090781810
—	Sempra Ord Shs	116,533	$11,324	0.0%	$0.10	—	—	081685110
—	Southern Ord Shs	115,871	$11,184	0.0%	$0.10	—	—	084258710
—	TC Energy Ord Shs	177,391	$11,105	0.0%	$0.06	—	—	087807B10
—	SBA Communications REIT Ord Shs Class A	63,760	$10,974	0.0%	$0.17	—	—	078410G10
—	American Tower REIT	58,925	$10,169	0.0%	$0.17	—	—	003027X10
—	Enbridge Ord Shs	184,766	$10,003	0.0%	$0.05	—	—	029250N10
—	DT Midstream Ord Shs	54,239	$7,304	0.0%	$0.13	—	—	023345M10
—	Waste Management Ord Shs	31,389	$7,213	0.0%	$0.23	—	—	094106L10
—	National Grid ADR repsg 5 Ord Shs	84,370	$7,138	0.0%	$0.08	—	—	063627440
—	HA Sustainable Infrastructure Capital Ord Shs	187,959	$6,907	0.0%	$0.04	—	—	041068X10
—	RWE ADR Representing 1 Ord Shs	97,719	$6,576	0.0%	$0.07	—	—	749749999
—	Entergy Ord Shs	56,073	$6,300	0.0%	$0.11	—	—	029364G10
—	Edison International Ord Shs	85,471	$6,255	0.0%	$0.07	—	—	028102010
—	Badger Meter Ord Shs	39,375	$5,999	0.0%	$0.15	—	—	005652510
—	American Water Works Ord Shs	36,013	$4,901	0.0%	$0.14	—	—	003042010
—	GFL Environmental Subordinate voting Ord Shs	106,981	$4,463	0.0%	$0.04	—	—	036168Q10
—	Enel Ord Shs	400,000	$4,321	0.0%	$0.01	—	—	000714456
—	Xylem Ord Shs	34,513	$4,124	0.0%	$0.12	—	—	098419M10
—	Xcel Energy Ord Shs	49,822	$3,958	0.0%	$0.08	—	—	098389B10
—	Waste Connections Ord Shs	23,801	$3,866	0.0%	$0.16	—	—	094106B10
—	Dominion Energy Ord Shs	61,605	$3,808	0.0%	$0.06	—	—	025746U10
—	Exelon Ord Shs	77,480	$3,798	0.0%	$0.05	—	—	030161N10
—	American Electric Power Ord Shs	26,592	$3,486	0.0%	$0.13	—	—	002553710
—	Grupo Aeroportuario ADR Representing 10 Ord Shs Series B	9,701	$3,261	0.0%	$0.34	—	—	400509999
—	Duke Energy Ord Shs	22,975	$3,008	0.0%	$0.13	—	—	026441C20
—	Iberdrola ADR	29,888	$2,757	0.0%	$0.09	—	—	045073710
—	Oneok Ord Shs	28,513	$2,577	0.0%	$0.09	—	—	068268010
—	Ultrapar Participacoes ADR Representing 1 Ord Shs	405,382	$2,234	0.0%	$0.01	—	—	090400P10
—	Public Service Enterprise Group Ord Shs	27,549	$2,230	0.0%	$0.08	—	—	074457310
—	FirstEnergy Ord Shs	41,927	$2,124	0.0%	$0.05	—	—	033793210
—	CMS Energy Ord Shs	23,622	$1,833	0.0%	$0.08	—	—	012589610
—	Essential Utilities Ord Shs	36,596	$1,474	0.0%	$0.04	—	—	029670G10
—	TransAlta Ord Shs	99,595	$1,305	0.0%	$0.01	—	—	089346D10
—	Solaredge Technologies Ord Shs	23,883	$1,219	0.0%	$0.05	—	—	083417M10
—	DTE Energy Ord Shs	7,858	$1,149	0.0%	$0.15	—	—	023333110
—	Grupo Aeroportuario del Centro Norte ADS representing 8 Ord Shs Series B	9,365	$1,074	0.0%	$0.11	—	—	040050110
—	Atmos Energy Ord Shs	3,975	$734	0.0%	$0.18	—	—	004956010
—	NiSource Ord Shs	11,825	$552	0.0%	$0.05	—	—	065473P10
—	Enel Societa Per Azioni Unsponsored Italy ADR	49,779	$542	0.0%	$0.01	—	—	029265W20
—	Enphase Energy Ord Shs	11,110	$420	0.0%	$0.04	—	—	029355A10
—	T Mobile US Ord Shs	194	$41	0.0%	$0.21	—	—	087259010