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          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


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      <regFileNumber>811-01027</regFileNumber>
      <regCik>0000052848</regCik>
      <regLei>549300MP6BT0L4Q61L10</regLei>
      <regStreet1>100 Vanguard Boulevard</regStreet1>
      <regCity>Malvern</regCity>
      <regStateConditional regCountry="US" regState="US-PA"/>
      <regZipOrPostalCode>19355</regZipOrPostalCode>
      <regPhone>610-669-1000</regPhone>
      <seriesName>VANGUARD UTILITIES INDEX FUND</seriesName>
      <seriesId>S000004445</seriesId>
      <seriesLei>MIFVQH750RS2LCC6HJ52</seriesLei>
      <repPdEnd>2020-08-31</repPdEnd>
      <repPdDate>2019-11-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
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      <delayDeliv>0</delayDeliv>
      <standByCommit>0</standByCommit>
      <liquidPref>0</liquidPref>
      <cshNotRptdInCorD>6207.44</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northwest Natural Holding Co.</name>
        <lei>H4JZVBMGV45MWUCMUB11</lei>
        <title>Northwest Natural Holding Co.</title>
        <cusip>66765N105</cusip>
        <identifiers>
          <isin value="US66765N1054"/>
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        <balance>172807.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11883937.39000000</valUSD>
        <pctVal>0.210556639531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Water Service Group</name>
        <lei>529900QABDOBU6UVRQ36</lei>
        <title>California Water Service Group</title>
        <cusip>130788102</cusip>
        <identifiers>
          <isin value="US1307881029"/>
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        <balance>273266.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14045872.40000000</valUSD>
        <pctVal>0.248861264980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMS Energy Corp.</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp.</title>
        <cusip>125896100</cusip>
        <identifiers>
          <isin value="US1258961002"/>
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        <balance>1613339.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>98897680.70000000</valUSD>
        <pctVal>1.752244447464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Jersey Resources Corp.</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>New Jersey Resources Corp.</title>
        <cusip>646025106</cusip>
        <identifiers>
          <isin value="US6460251068"/>
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        <balance>512075.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21783670.50000000</valUSD>
        <pctVal>0.385957642371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Cmt Funds-Vanguard Market Liquidity Fund</name>
        <lei>1I6HV0TLSTR3A4XQ6L78</lei>
        <title>Vanguard Market Liquidity Fund</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FAID" value="SLCMT1142"/>
        </identifiers>
        <balance>5.67080000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>567.19000000</valUSD>
        <pctVal>0.000010049330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hawaiian Electric Industries Inc.</name>
        <lei>JJ8FWOCWCV22X7GUPJ23</lei>
        <title>Hawaiian Electric Industries Inc.</title>
        <cusip>419870100</cusip>
        <identifiers>
          <isin value="US4198701009"/>
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        <balance>619860.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27069286.20000000</valUSD>
        <pctVal>0.479606863427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Cmt Funds-Vanguard Market Liquidity Fund</name>
        <lei>1I6HV0TLSTR3A4XQ6L78</lei>
        <title>Vanguard Market Liquidity Fund</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FAID" value="CMT001142"/>
        </identifiers>
        <balance>44298.09500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4430695.46000000</valUSD>
        <pctVal>0.078501957409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Portland General Electric Co.</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co.</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
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        <balance>508335.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28217675.85000000</valUSD>
        <pctVal>0.499953744906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>York Water Co.</name>
        <lei>N/A</lei>
        <title>York Water Co.</title>
        <cusip>987184108</cusip>
        <identifiers>
          <isin value="US9871841089"/>
        </identifiers>
        <balance>73238.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3246640.54000000</valUSD>
        <pctVal>0.057523167569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NorthWestern Corp.</name>
        <lei>3BPWMBHR1R9SHUN7J795</lei>
        <title>NorthWestern Corp.</title>
        <cusip>668074305</cusip>
        <identifiers>
          <isin value="US6680743050"/>
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        <balance>287119.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20549106.83000000</valUSD>
        <pctVal>0.364083951093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unitil Corp.</name>
        <lei>N/A</lei>
        <title>Unitil Corp.</title>
        <cusip>913259107</cusip>
        <identifiers>
          <isin value="US9132591077"/>
        </identifiers>
        <balance>84532.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5159833.28000000</valUSD>
        <pctVal>0.091420639500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>NRG Energy Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc.</title>
        <cusip>629377508</cusip>
        <identifiers>
          <isin value="US6293775085"/>
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        <balance>1438253.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57141791.69000000</valUSD>
        <pctVal>1.012424017411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aqua America Inc.</name>
        <lei>549300ILTEOF3E3QY357</lei>
        <title>Aqua America Inc.</title>
        <cusip>03836W103</cusip>
        <identifiers>
          <isin value="US03836W1036"/>
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        <balance>1226620.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54302467.40000000</valUSD>
        <pctVal>0.962117577599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDACORP Inc.</name>
        <lei>N134NUJDWN8UEFA8B673</lei>
        <title>IDACORP Inc.</title>
        <cusip>451107106</cusip>
        <identifiers>
          <isin value="US4511071064"/>
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        <balance>286610.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30108380.50000000</valUSD>
        <pctVal>0.533452778466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alliant Energy Corp.</name>
        <lei>5493009ML300G373MZ12</lei>
        <title>Alliant Energy Corp.</title>
        <cusip>018802108</cusip>
        <identifiers>
          <isin value="US0188021085"/>
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        <balance>1254254.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>66475462.00000000</valUSD>
        <pctVal>1.177795660703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Black Hills Corp.</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>Black Hills Corp.</title>
        <cusip>092113109</cusip>
        <identifiers>
          <isin value="US0921131092"/>
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        <balance>347374.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26598427.18000000</valUSD>
        <pctVal>0.471264300715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xcel Energy Inc.</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy Inc.</title>
        <cusip>98389B100</cusip>
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          <isin value="US98389B1008"/>
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        <balance>2927818.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180031528.82000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MGE Energy Inc.</name>
        <lei>N/A</lei>
        <title>MGE Energy Inc.</title>
        <cusip>55277P104</cusip>
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          <isin value="US55277P1049"/>
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        <balance>196803.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15256168.56000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PPL Corp.</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
        <title>PPL Corp.</title>
        <cusip>69351T106</cusip>
        <identifiers>
          <isin value="US69351T1060"/>
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        <balance>4105952.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139725546.56000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ameren Corp.</name>
        <lei>XRZQ5S7HYJFPHJ78L959</lei>
        <title>Ameren Corp.</title>
        <cusip>023608102</cusip>
        <identifiers>
          <isin value="US0236081024"/>
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        <balance>1397354.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>103865322.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Electric Power Co. Inc.</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
        <title>American Electric Power Co. Inc.</title>
        <cusip>025537101</cusip>
        <identifiers>
          <isin value="US0255371017"/>
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        <balance>2807183.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>256436167.05000000</valUSD>
        <pctVal>4.543472067917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Evergy Inc.</name>
        <lei>549300PGTHDQY6PSUI61</lei>
        <title>Evergy Inc.</title>
        <cusip>30034W106</cusip>
        <identifiers>
          <isin value="US30034W1062"/>
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        <balance>1338708.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>84700055.16000000</valUSD>
        <pctVal>1.500694458186</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American States Water Co.</name>
        <lei>529900L26LIS2V8PWM23</lei>
        <title>American States Water Co.</title>
        <cusip>029899101</cusip>
        <identifiers>
          <isin value="US0298991011"/>
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        <balance>209732.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17888042.28000000</valUSD>
        <pctVal>0.316935872906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AES Corp.</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES Corp./VA</title>
        <cusip>00130H105</cusip>
        <identifiers>
          <isin value="US00130H1059"/>
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        <balance>3774127.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71368741.57000000</valUSD>
        <pctVal>1.264493568032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avangrid Inc.</name>
        <lei>549300OX0Q38NLSKPB49</lei>
        <title>Avangrid Inc.</title>
        <cusip>05351W103</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chesapeake Utilities Corp.</name>
        <lei>N/A</lei>
        <title>Chesapeake Utilities Corp.</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NextEra Energy Partners LP</name>
        <lei>5493008F4ZOQFNG3WN54</lei>
        <title>NextEra Energy Partners LP</title>
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          <isin value="US65341B1061"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Middlesex Water Co.</name>
        <lei>N/A</lei>
        <title>Middlesex Water Co.</title>
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          <isin value="US5966801087"/>
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        <balance>94165.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sempra Energy</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra Energy</title>
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          <isin value="US8168511090"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southern Co.</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co.</title>
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          <isin value="US8425871071"/>
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        <balance>5692059.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLETE Inc.</name>
        <lei>549300NNLSIMY6Z8OT86</lei>
        <title>ALLETE Inc.</title>
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          <isin value="US0185223007"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Water Works Co. Inc.</name>
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        <title>American Water Works Co. Inc.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>Alliant Energy Corp.</issuerName>
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      <invstOrSec>
        <name>National Fuel Gas Co.</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co.</title>
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          <isin value="US6361801011"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DTE Energy Co.</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE Energy Co.</title>
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          <isin value="US2333311072"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OGE Energy Corp.</name>
        <lei>CE5OG6JPOZMDSA0LAQ19</lei>
        <title>OGE Energy Corp.</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pattern Energy Group Inc.</name>
        <lei>549300YTEUCT3H1Y2T51</lei>
        <title>Pattern Energy Group Inc. Class A</title>
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          <isin value="US70338P1003"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PNM Resources Inc.</name>
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        <title>PNM Resources Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Spire Inc.</name>
        <lei>549300NXSY15DRY2R511</lei>
        <title>Spire Inc.</title>
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      <invstOrSec>
        <name>ONE Gas Inc.</name>
        <lei>549300HXDWI0LATTX840</lei>
        <title>ONE Gas Inc.</title>
        <cusip>68235P108</cusip>
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        <name>Clearway Energy Inc.</name>
        <lei>549300LHAZ9HA9G3XC48</lei>
        <title>Clearway Energy Inc. Class A</title>
        <cusip>18539C105</cusip>
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        <name>NiSource Inc.</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource Inc.</title>
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        <name>Entergy Corp.</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp.</title>
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        <name>UGI Corp.</name>
        <lei>DX6GCWD4Q1JO9CRE5I40</lei>
        <title>UGI Corp.</title>
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        <name>Ormat Technologies Inc.</name>
        <lei>5493000TSHHWY24VHM09</lei>
        <title>Ormat Technologies Inc.</title>
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        <name>Otter Tail Corp.</name>
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        <title>Otter Tail Corp.</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Atmos Energy Corp.</name>
        <lei>QVLWEGTD2S8GJMO8D383</lei>
        <title>Atmos Energy Corp.</title>
        <cusip>049560105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avista Corp.</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>Avista Corp.</title>
        <cusip>05379B107</cusip>
        <identifiers>
          <isin value="US05379B1070"/>
        </identifiers>
        <balance>375880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17771606.40000000</valUSD>
        <pctVal>0.314872891017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Service Enterprise Group Inc.</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
        <title>Public Service Enterprise Group Inc.</title>
        <cusip>744573106</cusip>
        <identifiers>
          <isin value="US7445731067"/>
        </identifiers>
        <balance>2874399.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>170480604.69000000</valUSD>
        <pctVal>3.020532846210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southwest Gas Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Southwest Gas Holdings Inc.</title>
        <cusip>844895102</cusip>
        <identifiers>
          <isin value="US8448951025"/>
        </identifiers>
        <balance>309113.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23418400.88000000</valUSD>
        <pctVal>0.414921387640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Consolidated Edison Inc.</name>
        <lei>54930033SBW53OO8T749</lei>
        <title>Consolidated Edison Inc.</title>
        <cusip>209115104</cusip>
        <identifiers>
          <isin value="US2091151041"/>
        </identifiers>
        <balance>1888182.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>164064133.98000000</valUSD>
        <pctVal>2.906847418055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pinnacle West Capital Corp.</name>
        <lei>TWSEY0NEDUDCKS27AH81</lei>
        <title>Pinnacle West Capital Corp.</title>
        <cusip>723484101</cusip>
        <identifiers>
          <isin value="US7234841010"/>
        </identifiers>
        <balance>638432.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>55792572.48000000</valUSD>
        <pctVal>0.988518887863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AquaVenture Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>AquaVenture Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="VGG0443N1078"/>
        </identifiers>
        <balance>108557.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2416478.82000000</valUSD>
        <pctVal>0.042814569207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clearway Energy Inc.</name>
        <lei>549300LHAZ9HA9G3XC48</lei>
        <title>Clearway Energy Inc.</title>
        <cusip>18539C204</cusip>
        <identifiers>
          <isin value="US18539C2044"/>
        </identifiers>
        <balance>352523.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6990531.09000000</valUSD>
        <pctVal>0.123856486831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MDU Resources Group Inc.</name>
        <lei>N/A</lei>
        <title>MDU Resources Group Inc.</title>
        <cusip>552690109</cusip>
        <identifiers>
          <isin value="US5526901096"/>
        </identifiers>
        <balance>1131719.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32865119.76000000</valUSD>
        <pctVal>0.582295997308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Star Group LP</name>
        <lei>N/A</lei>
        <title>Star Group LP</title>
        <cusip>85512C105</cusip>
        <identifiers>
          <isin value="US85512C1053"/>
        </identifiers>
        <balance>268391.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2520191.49000000</valUSD>
        <pctVal>0.044652124434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dominion Energy Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc.</title>
        <cusip>25746U109</cusip>
        <identifiers>
          <isin value="US25746U1097"/>
        </identifiers>
        <balance>4672472.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>388329147.92000000</valUSD>
        <pctVal>6.880319016735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SO Receive</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="SECURITY NUMBER" value="SO0000001"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-31916.77000000</valUSD>
        <pctVal>-0.00056549337</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Southern Co.</issuerName>
                <issueTitle>Southern Co.</issueTitle>
                <identifiers>
                  <cusip value="842587107"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="842587107" floatingRtSpread="0" pmntAmt="0">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="277" resetDt="Month" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="US0001M" floatingRtSpread="0" pmntAmt="0">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="277" resetDt="Month" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2020-09-02</terminationDt>
            <upfrontPmnt>0</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>250000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-31916.77</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Exelon Corp.</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>Exelon Corp.</title>
        <cusip>30161N101</cusip>
        <identifiers>
          <isin value="US30161N1019"/>
        </identifiers>
        <balance>5523352.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>245236828.80000000</valUSD>
        <pctVal>4.345044985250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NextEra Energy Inc.</name>
        <lei>BLVY3B5CY5IDPCFLQ577</lei>
        <title>NextEra Energy Inc.</title>
        <cusip>65339F101</cusip>
        <identifiers>
          <isin value="US65339F1012"/>
        </identifiers>
        <balance>2723608.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>636834022.56000000</valUSD>
        <pctVal>11.28326642332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>South Jersey Industries Inc.</name>
        <lei>549300DJYWYT5VXLFA46</lei>
        <title>South Jersey Industries Inc.</title>
        <cusip>838518108</cusip>
        <identifiers>
          <isin value="US8385181081"/>
        </identifiers>
        <balance>524493.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16385161.32000000</valUSD>
        <pctVal>0.290308202786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>El Paso Electric Co.</name>
        <lei>OZ8GM8L4AHPKSWZMW205</lei>
        <title>El Paso Electric Co.</title>
        <cusip>283677854</cusip>
        <identifiers>
          <isin value="US2836778546"/>
        </identifiers>
        <balance>231513.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15701211.66000000</valUSD>
        <pctVal>0.278190153246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spark Energy Inc.</name>
        <lei>549300U656GZMTWR1T03</lei>
        <title>Spark Energy Inc. Class A</title>
        <cusip>846511103</cusip>
        <identifiers>
          <isin value="US8465111032"/>
        </identifiers>
        <balance>64299.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>709217.97000000</valUSD>
        <pctVal>0.012565747155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FirstEnergy Corp.</name>
        <lei>549300SVYJS666PQJH88</lei>
        <title>FirstEnergy Corp.</title>
        <cusip>337932107</cusip>
        <identifiers>
          <isin value="US3379321074"/>
        </identifiers>
        <balance>3069796.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>146398571.24000000</valUSD>
        <pctVal>2.593853382164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SJW Group</name>
        <lei>529900H5794LNXNOYH10</lei>
        <title>SJW Group</title>
        <cusip>784305104</cusip>
        <identifiers>
          <isin value="US7843051043"/>
        </identifiers>
        <balance>137473.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9735837.86000000</valUSD>
        <pctVal>0.172497147666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
        <cusip>281020107</cusip>
        <identifiers>
          <isin value="US2810201077"/>
        </identifiers>
        <balance>2035715.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>140667906.50000000</valUSD>
        <pctVal>2.492318893187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2019-12-31</ncom:dateSigned>
      <ncom:nameOfApplicant>VANGUARD WORLD FUND</ncom:nameOfApplicant>
      <ncom:signature>Christine M. Buchanan</ncom:signature>
      <ncom:signerName>Christine M. Buchanan</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
