Shares
Market
Value
COMMON
STOCKS
(Continued)
ENERGY
AND
UTILITIES
(Continued)
Global
Utilities
(Continued)
11,000
Tohoku
Electric
Power
Co.
Inc.
........
$
80,035
10,381,873
Merchant
Energy
—
1.0%
251,600
The
AES
Corp.
...................
3,311,056
Natural
Gas
Integrated
—
7.4%
8,000
DT
Midstream
Inc.
................
904,480
84,500
Energy
Transfer
LP
................
1,450,020
103,821
Kinder
Morgan
Inc.
................
2,939,173
98,182
National
Fuel
Gas
Co.
..............
9,069,071
139,200
ONEOK
Inc.
.....................
10,157,424
24,520,168
Natural
Gas
Utilities
—
7.9%
23,050
Atmos
Energy
Corp.
...............
3,935,787
200
Cheniere
Energy
Inc.
...............
46,996
9,000
Chesapeake
Utilities
Corp.
...........
1,212,210
12,300
Engie
SA
.......................
263,617
100,625
National
Grid
plc
..................
1,444,654
58,000
National
Grid
plc,
ADR
..............
4,214,860
7,000
Northwest
Natural
Holding
Co.
........
314,510
30,300
ONE
Gas
Inc.
....................
2,452,482
55,000
RGC
Resources
Inc.
...............
1,234,200
122,615
Southwest
Gas
Holdings
Inc.
.........
9,605,659
14,600
Spire
Inc.
.......................
1,190,192
6,000
Venture
Global
Inc.,
Cl. A
............
85,140
26,000,307
Natural
Resources
—
2.2%
54,142
Cameco
Corp.
....................
4,540,348
30,000
Compania
de
Minas
Buenaventura
SAA,
ADR
.........................
729,900
16,500
Exxon
Mobil
Corp.
................
1,860,375
5,500
Kinnevik
AB,
Cl. A†
................
49,191
7,179,814
Oil
—
0.3%
1,900
Chevron
Corp.
...................
295,051
4,500
Devon
Energy
Corp.
...............
157,770
20,000
PrairieSky
Royalty
Ltd.
.............
371,057
201
Sable
Offshore
Corp.†
..............
3,509
827,387
Services
—
2.2%
21,000
ABB
Ltd.,
ADR
...................
1,510,950
98,500
Enbridge
Inc.
....................
4,970,310
33,000
Halliburton
Co.
...................
811,800
703
Schlumberger
NV
.................
24,162
681
TechnipFMC
plc
..................
26,866
7,344,088
Shares
Market
Value
Water
—
4.6%
26,000
American
States
Water
Co.
...........
$
1,906,320
22,400
American
Water
Works
Co.
Inc.
.......
3,117,856
23,000
Artesian
Resources
Corp.,
Cl. A
.......
749,685
33,200
California
Water
Service
Group
........
1,523,548
26,000
Essential
Utilities
Inc.
..............
1,037,400
29,000
H2O
America
....................
1,412,300
6,200
Middlesex
Water
Co.
...............
335,544
132,000
Severn
Trent
plc
..................
4,594,394
9,100
The
York
Water
Co.
................
276,822
4,100
Zurn
Elkay
Water
Solutions
Corp.
......
192,823
15,146,692
TOTAL
ENERGY
AND
UTILITIES
......
262,105,895
COMMUNICATIONS
—
9.8%
Cable
and
Satellite
—
1.1%
3,000
Altice
USA
Inc.,
Cl. A†
..............
7,230
2,100
Charter
Communications
Inc.,
Cl. A†
....
577,720
20,900
Cogeco
Inc.
.....................
908,114
2,000
EchoStar
Corp.,
Cl. A†
..............
152,720
270,000
ITV
plc
.........................
290,317
95,000
Liberty
Latin
America
Ltd.,
Cl. A†
......
787,550
5,947
Liberty
Latin
America
Ltd.,
Cl. C†
......
50,193
27,000
Rogers
Communications
Inc.,
Cl. B
.....
930,690
3,704,534
Communications
Equipment
—
0.1%
7,500
Furukawa
Electric
Co.
Ltd.
...........
462,116
Telecommunications
—
6.9%
35,000
AT&T
Inc.
.......................
988,400
10,000
BCE
Inc.,
New
York
................
233,900
1,000
BCE
Inc.,
Toronto
.................
23,367
100,000
BT
Group
plc,
Cl. A
................
257,078
7,500
Cogeco
Communications
Inc.
.........
344,686
91,000
Deutsche
Telekom
AG
..............
3,099,386
60,000
Deutsche
Telekom
AG,
ADR
..........
2,049,000
21,250
Eurotelesites
AG†
.................
122,747
200
Hutchison
Telecommunications
Hong
Kong
Holdings
Ltd.
..................
28
83,000
Liberty
Global
Ltd.,
Cl. A†
...........
951,180
83,000
Liberty
Global
Ltd.,
Cl. C†
...........
975,250
1,750,000
NTT
Inc.
........................
1,830,645
143,500
Orange
Belgium
SA†
...............
3,201,047
6,000
Orange
SA,
ADR
..................
97,380
59,000
Orascom
Financial
Holding
SAE†
......
799
10,000
Orascom
Investment
Holding,
GDR†(a)
..
140
30,000
Pharol
SGPS
SA†
.................
2,212
10,500
Proximus
SA
....................
91,717
8,000
PT
Indosat
Tbk
...................
840
19,500
Sunrise
Communications
AG,
Cl. A
.....
1,151,800
1,350
Tele2
AB,
Cl. B
...................
23,023