The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLIANT ENERGY CORP COM COM 018802108   142,251,570 1,982,324 SH   SOLE   1,966,657 0 15,667
ALLIANT ENERGY CORP COM COM 018802108   72,556,680 1,011,102 SH   OTR 1 0 1,011,102 0
ALTRIA GROUP INC. COM 02209S103   527,920 8,000 SH   SOLE   0 0 8,000
AMEREN CORP COM COM 023608102   63,303,478 575,905 SH   SOLE   575,358 0 547
AMEREN CORP COM COM 023608102   54,593,747 496,668 SH   OTR 1 0 496,668 0
AMERICAN ELEC PWR INC COM COM 025537101   325,734 2,485 SH   SOLE   1,950 0 535
AMERICAN ELEC PWR INC COM COM 025537101   44,860,426 342,237 SH   OTR 1 0 342,237 0
AMERICAN TOWER REIT COM COM 03027X100   16,919,225 98,037 SH   SOLE   97,737 0 300
AMERICAN WATER WORKS COM 030420103   836,273 6,145 SH   SOLE   3,245 0 2,900
APPLE INC COM COM 037833100   1,218,192 4,800 SH   SOLE   0 0 4,800
ARISTA NETWORKS INC COM 040413205   50,983,167 415,240 SH   SOLE   414,917 0 323
ATMOS ENERGY CORP COM COM 049560105   3,077,435 16,660 SH   SOLE   7,644 0 9,016
BAKER HUGHES CO CL A COM 05722G100   305,250 5,000 SH   SOLE   5,000 0 0
BERKSHIRE HATHAWAY INC CLASS B COM 084670702   8,494,299 17,726 SH   SOLE   915 0 16,811
CAMECO CORP COM COM 13321L108   122,390,980 1,126,885 SH   SOLE   1,104,782 0 22,103
CANADIAN PACIFIC KANSAS CITY L COM 13646K108   84,810,504 1,078,191 SH   SOLE   1,071,127 0 7,064
CENTERPOINT ENERGY INC COM 15189T107   202,832,276 4,699,543 SH   SOLE   4,656,998 0 42,545
CENTERPOINT ENERGY INC COM 15189T107   99,422,383 2,303,577 SH   OTR 1 0 2,303,577 0
CENTRUS ENERGY CORP CL A COM 15643U104   36,786,846 211,918 SH   SOLE   208,108 0 3,810
CHENIERE ENERGY INC COM 16411R208   6,810,240 24,000 SH   SOLE   24,000 0 0
CHESAPEAKE UTILS CORP COM 165303108   2,527,400 20,000 SH   SOLE   20,000 0 0
CHEVRON CORPORATION COM COM 166764100   716,702 3,464 SH   SOLE   3,464 0 0
CMS ENERGY CORP COM COM 125896100   111,144,677 1,432,646 SH   SOLE   1,416,118 0 16,528
CMS ENERGY CORP COM COM 125896100   52,879,149 681,608 SH   OTR 1 0 681,608 0
COGENT COMMUNICATIONS HLDGS CO COM 19239V302   529,366 28,098 SH   SOLE   28,098 0 0
COHERENT CORP COM 19247G107   49,031,003 205,831 SH   SOLE   205,727 0 104
COMCAST CORP CLASS A COM 20030N101   752,202 26,200 SH   SOLE   26,200 0 0
CONSTELLATION ENERGY CORP COM 21037T109   185,747,608 665,166 SH   SOLE   653,892 0 11,274
CONSTELLATION ENERGY CORP COM 21037T109   150,333,400 538,347 SH   OTR 1 0 538,347 0
CORNING INC COM COM 219350105   103,771,352 763,193 SH   SOLE   752,219 0 10,974
CROWN CASTLE INC COM 22822V101   23,383,862 287,589 SH   SOLE   287,213 0 376
DEUTSCHE TELEKOM AG COM 251566105   1,413,582 38,399 SH   SOLE   38,399 0 0
DIGITAL REALTY TR COM 253868103   16,943,705 94,022 SH   SOLE   93,797 0 225
DT MIDSTREAM INC COM 23345M107   125,577,486 932,483 SH   SOLE   903,513 0 28,970
DTE ENERGY CO COM COM 233331107   37,959,443 259,605 SH   SOLE   258,830 0 775
DTE ENERGY CO COM COM 233331107   9,372,702 64,100 SH   OTR 1 0 64,100 0
DUKE ENERGY CORP NEW COM NEW COM 26441C204   1,083,790 8,277 SH   SOLE   8,277 0 0
DYCOM INDS INC COM COM 267475101   84,074,795 248,140 SH   SOLE   244,916 0 3,224
ENTERGY CORP NEW COM COM 29364G103   175,511,264 1,562,044 SH   SOLE   1,561,233 0 811
ENTERGY CORP NEW COM COM 29364G103   76,486,598 680,728 SH   OTR 1 0 680,728 0
EQT CORP COM COM 26884L109   69,352,135 1,089,757 SH   SOLE   1,089,430 0 327
EQUINIX INC COM NEW COM 29444U700   170,381,396 173,816 SH   SOLE   170,046 0 3,770
EVERGY INC COM COM 30034W106   826,327 10,087 SH   SOLE   10,087 0 0
EXELON CORP COM COM 30161N101   391,670 7,990 SH   SOLE   4,655 0 3,335
EXXON MOBIL CORP COM 30231G102   2,171,648 12,800 SH   SOLE   1,470 0 11,330
F5 NETWORKS INC COM COM 315616102   2,485,055 8,589 SH   SOLE   8,517 0 72
GE VERNOVA INC COM 36828A101   152,802,891 175,052 SH   SOLE   172,823 0 2,229
H2O AMERICA COM 784305104   5,867,000 100,000 SH   SOLE   100,000 0 0
IDACORP INC COM COM 451107106   194,234,753 1,358,570 SH   SOLE   1,357,821 0 749
IDACORP INC COM COM 451107106   63,179,587 441,908 SH   OTR 1 0 441,908 0
IRON MTN INC NEW COM 46284V101   21,811,895 213,549 SH   SOLE   213,144 0 405
JOHNSON & JOHNSON COM COM 478160104   801,274 3,278 SH   SOLE   3,225 0 53
JOHNSON CTLS INTL PLC SHS COM G51502105   6,503,763 49,666 SH   SOLE   49,273 0 393
LAMAR ADVERTISING CO COM 512816109   1,773,240 14,000 SH   SOLE   14,000 0 0
LINDE PLC SH COM G54950103   2,156,060 4,349 SH   SOLE   3,760 0 589
LITHIUM AMERICAS CORP COM 53681J103   4,898,000 1,240,000 SH   SOLE   1,240,000 0 0
LUMENTUM HOLDINGS INC COM 55024U109   29,385,909 41,815 SH   SOLE   41,762 0 53
MARATHON PETROLEUM CORP COM 56585A102   53,869,771 220,615 SH   SOLE   220,444 0 171
MP MATLS CORP COM 553368101   125,899,240 2,608,770 SH   SOLE   2,572,950 0 35,820
NATIONAL FUEL GAS CO COM 636180101   29,547,131 314,465 SH   SOLE   314,465 0 0
NEW JERSEY RES COM COM 646025106   802,656 14,615 SH   SOLE   14,615 0 0
NEXTERA ENERGY INC COM COM 65339F101   51,652,395 556,120 SH   SOLE   489,551 0 66,569
NEXTERA ENERGY INC COM COM 65339F101   70,590,750 760,021 SH   OTR 1 0 760,021 0
NISOURCE INC COM COM 65473P105   142,387,656 3,051,600 SH   SOLE   3,028,862 0 22,738
NISOURCE INC COM COM 65473P105   49,494,362 1,060,745 SH   OTR 1 0 1,060,745 0
NRG ENERGY INC COM COM 629377508   42,864,762 293,313 SH   SOLE   293,313 0 0
NRG ENERGY INC COM COM 629377508   64,443,648 440,972 SH   OTR 1 0 440,972 0
OGE ENERGY CORP COM COM 670837103   76,909,088 1,603,609 SH   SOLE   1,588,709 0 14,900
OLD DOMINION FREIGHT LINE COM 679580100   13,521,680 69,200 SH   SOLE   69,200 0 0
ONEOK INC NEW COM COM 682680103   1,067,506 11,810 SH   SOLE   11,810 0 0
PG&E CORP COM COM 69331C108   1,741,257 99,104 SH   SOLE   61,346 0 37,758
PHILLIP MORRIS INTERNATIONAL COM 718172109   826,700 5,000 SH   SOLE   0 0 5,000
PINNACLE WEST CAP CORP COM COM 723484101   69,235,501 687,201 SH   SOLE   687,201 0 0
PINNACLE WEST CAP CORP COM COM 723484101   39,377,634 390,845 SH   OTR 1 0 390,845 0
PPG INDS INC COM COM 693506107   534,400 5,000 SH   SOLE   0 0 5,000
PPL CORP COM COM 69351T106   79,224,852 2,073,949 SH   SOLE   2,072,864 0 1,085
PPL CORP COM COM 69351T106   62,348,665 1,632,164 SH   OTR 1 0 1,632,164 0
PROLOGIS INC COM COM 74340W103   972,316 7,356 SH   SOLE   4,961 0 2,395
PUBLIC SVC ENTERPRISE GROUP IN COM 744573106   17,412,588 215,103 SH   SOLE   192,383 0 22,720
QUANTA SVCS INC COM COM 74762E102   137,410,922 250,284 SH   SOLE   246,728 0 3,556
RICE ACQUISITION CORPORATION 3 COM G7553X122   25,440,000 2,400,000 SH   SOLE   2,400,000 0 0
SBA COMMUNICATIONS COR CL A COM 78410G104   55,499,279 322,464 SH   SOLE   317,724 0 4,740
SEMPRA COM 816851109   129,438,019 1,332,078 SH   SOLE   1,306,249 0 25,829
SEMPRA COM 816851109   71,511,387 735,941 SH   OTR 1 0 735,941 0
SOLV ENERGY INC COM 78475V103   12,012,000 400,000 SH   SOLE   400,000 0 0
SOUTHERN CO COM COM 842587107   2,390,511 24,767 SH   SOLE   10,208 0 14,559
T-MOBILE US INC COM COM 872590104   22,466,699 106,969 SH   SOLE   93,026 0 13,943
TALEN ENERGY CORP COM 87422Q109   336,946,946 1,055,499 SH   SOLE   1,047,926 0 7,573
TALEN ENERGY CORP COM 87422Q109   145,312,858 455,198 SH   OTR 1 0 455,198 0
TAMBORAN RESOURCES CORP COM 87507T101   8,498,300 170,000 SH   SOLE   170,000 0 0
TIC SOLUTIONS INC COM 00510N102   20,241,199 3,076,170 SH   SOLE   3,028,508 0 47,662
TXNM ENERGY INC COM 69349H107   2,407,850 41,188 SH   SOLE   39,167 0 2,021
UNION PAC CORP COM COM 907818108   16,294,359 67,160 SH   SOLE   56,881 0 10,279
UNITIL CORP COM 913259107   12,969,886 248,275 SH   SOLE   248,275 0 0
USA RARE EARTH INC COM 91733P107   35,113,200 2,320,000 SH   SOLE   2,320,000 0 0
VERIZON COMMUNICATIONS COM COM 92343V104   234,183 4,665 SH   SOLE   2,690 0 1,975
VERTIV HOLDINGS CO COM 92537N108   18,262,270 72,880 SH   SOLE   68,463 0 4,417
VISTRA CORP. COM 92840M102   166,614,798 1,108,327 SH   SOLE   1,098,469 0 9,858
VISTRA CORP. COM 92840M102   148,258,453 986,220 SH   OTR 1 0 986,220 0
WATERBRIDGE INFRASTRUCTURE LLC COM 940923105   12,055,500 450,000 SH   SOLE   450,000 0 0
WEC ENERGY GROUP INC COM COM 92939U106   33,851,380 292,402 SH   SOLE   291,879 0 523
WEC ENERGY GROUP INC COM COM 92939U106   31,322,152 270,555 SH   OTR 1 0 270,555 0
WILLIAMS COS INC COM COM 969457100   152,092,733 2,089,760 SH   SOLE   2,088,291 0 1,469
XCEL ENERGY INC COM COM 98389B100   177,481,035 2,234,152 SH   SOLE   2,233,418 0 734
XCEL ENERGY INC COM COM 98389B100   104,444,296 1,314,757 SH   OTR 1 0 1,314,757 0
X-ENERGY REACTOR CO. LLC SERIE PFD 984111777   27,499,991 1,891,802 SH   SOLE   1,891,802 0 0
ENTERPRISE PRODUCTS PARTNERS L LP 293792107   132,210,690 3,493,940 SH   SOLE   3,493,940 0 0
MPLX LP COM UNIT REP LTD LP 55336V100   38,265,435 670,500 SH   SOLE   670,500 0 0
REAVES UTIL INCOME FD COM SH B CEF 756158101   3,321,581 84,562 SH   SOLE   1,741 0 82,821