The Gabelli Utility Trust NPORTP Gabelli Utility Trust (Sep 2021 report)

The

Gabelli

Utility

Trust

Schedule

Investments

—

September

30,

2021

(Unaudited)

Market

Value

COMMON

STOCKS

—

79.7%

ENERGY

AND

UTILITIES

—

63.2%

Alternative

Energy

—

1.3%

3,400‌

Brookfield

Renewable

Corp.,

Cl. A

......

131,954‌

4,500‌

Clearway

Energy

Inc.,

Cl. C

..........

136,215‌

7,000‌

Eos

Energy

Enterprises

Inc.†

.........

98,210‌

200‌

Landis+Gyr

Group

..............

12,962‌

39,250‌

NextEra

Energy

Partners

..........

2,957,880‌

13,000‌

Ormat

Technologies

Inc.

............

865,930‌

600‌

Orsted

AS(a)

....................

79,327‌

12,000‌

Siemens

Gamesa

Renewable

Energy

SA†

306,083‌

400‌

SolarEdge

Technologies

Inc.†

.........

106,088‌

6,000‌

Vestas

Wind

Systems

A/S

...........

240,654‌

4,935,303‌

Diversified

Industrial

—

0.8%

2,000‌

Alstom

......................

76,104‌

10,700‌

AZZ

Inc.

........................

569,240‌

12,000‌

Bouygues

....................

499,017‌

8,750‌

General

Electric

Co.

................

901,512‌

300‌

Sulzer

.......................

28,714‌

27,000‌

Vantage

Towers

................

916,996‌

2,991,583‌

Electric

Integrated

—

37.2%

23,700‌

ALLETE

Inc.

.....................

1,410,624‌

80,000‌

Alliant

Energy

Corp.

...............

4,478,400‌

18,150‌

Ameren

Corp.

....................

1,470,150‌

55,950‌

American

Electric

Power

Co.

Inc.

......

4,542,021‌

3,000‌

Atlantica

Sustainable

Infrastructure

plc

103,530‌

66,000‌

Avangrid

Inc.

....................

3,207,600‌

30,000‌

Avista

Corp.

.....................

1,173,600‌

600‌

Badger

Meter

Inc.

.................

60,684‌

33,000‌

Black

Hills

Corp.

..................

2,071,080‌

6,000‌

CenterPoint

Energy

Inc.

.............

147,600‌

83,150‌

CMS

Energy

Corp.

................

4,966,550‌

46,000‌

Dominion

Energy

Inc.

..............

3,358,920‌

16,900‌

DTE

Energy

Co.

..................

1,887,899‌

72,700‌

Duke

Energy

Corp.

................

7,094,793‌

66,000‌

Edison

International

...............

3,661,020‌

6,500‌

Emera

Inc.

......................

294,363‌

4,125‌

Entergy

Corp.

....................

409,654‌

140,500‌

Evergy

Inc.

......................

8,739,100‌

120,300‌

Eversource

Energy

................

9,835,728‌

100,400‌

FirstEnergy

Corp.

.................

3,576,248‌

82,000‌

Hawaiian

Electric

Industries

Inc.

.......

3,348,060‌

2,600‌

IDACORP

Inc.

....................

268,788‌

60,000‌

MGE

Energy

Inc.

..................

4,410,000‌

208,100‌

NextEra

Energy

Inc.

................

16,340,012‌

48,000‌

NiSource

Inc.

....................

1,163,040‌

72,500‌

NorthWestern

Corp.

...............

4,154,250‌

184,000‌

OGE

Energy

Corp.

.................

6,064,640‌

75,000‌

Otter

Tail

Corp.

...................

4,197,750‌

Market

Value

34,000‌

PG&E

Corp.†

....................

326,400‌

1,300‌

Pinnacle

West

Capital

Corp.

..........

94,068‌

126,904‌

PNM

Resources

Inc.

...............

6,279,210‌

53,900‌

Portland

General

Electric

Co.

.........

2,532,761‌

1,000‌

PPL

Corp.

......................

27,880‌

32,100‌

Public

Service

Enterprise

Group

Inc.

....

1,954,890‌

250‌

Roper

Technologies

Inc.

............

111,532‌

800‌

Sempra

Energy

...................

101,200‌

2,900‌

The

Southern

Co.

.................

179,713‌

17,000‌

Unitil

Corp.

......................

727,260‌

129,700‌

WEC

Energy

Group

Inc.

.............

11,439,540‌

150,000‌

Xcel

Energy

Inc.

..................

9,375,000‌

135,585,558‌

Electric

Transmission

and

Distribution

—

1.9%

35,000‌

Consolidated

Edison

Inc.

............

2,540,650‌

66,100‌

Exelon

Corp.

.....................

3,195,274‌

100,000‌

Iberdrola

.....................

1,005,911‌

500‌

The

Timken

Co.

...................

32,710‌

6,774,545‌

Environmental

Services

—

0.3%

3,000‌

Evoqua

Water

Technologies

Corp.†

.....

112,680‌

2,000‌

Fluidra

......................

79,810‌

700‌

Pentair

plc

......................

50,841‌

3,000‌

Suez

........................

68,406‌

300‌

Tetra

Tech

Inc.

...................

44,802‌

22,000‌

Veolia

Environnement

............

674,299‌

1,030,838‌

Equipment

and

Supplies

—

0.4%

4,000‌

Capstone

Green

Energy

Corp.†

........

19,240‌

500‌

Danaher

Corp.

...................

152,220‌

26,000‌

Mueller

Industries

Inc.

..............

1,068,600‌

1,800‌

Rexnord

Corp.

...................

115,722‌

500‌

Valmont

Industries

Inc.

.............

117,560‌

1,473,342‌

Global

Utilities

—

2.3%

8,000‌

Chubu

Electric

Power

Co.

Inc.

........

94,991‌

7,595‌

EDP

Energias

Portugal

........

39,897‌

116,000‌

Electric

Power

Development

Co.

Ltd.

....

1,685,359‌

33,000‌

Endesa

......................

665,889‌

300,000‌

Enel

SpA

.......................

2,311,256‌

560,000‌

Hera

SpA

.......................

2,293,718‌

15,000‌

Hokkaido

Electric

Power

Co.

Inc.

......

72,106‌

12,000‌

Hokuriku

Electric

Power

Co.

..........

65,016‌

5,000‌

Huaneng

Power

International

Inc.,

ADR

105,150‌

35,000‌

Korea

Electric

Power

Corp.,

ADR

......

345,450‌

20,000‌

Kyushu

Electric

Power

Co.

Inc.

........

152,567‌

10,000‌

Shikoku

Electric

Power

Co.

Inc.

.......

69,725‌

8,000‌

The

Chugoku

Electric

Power

Co.

Inc.

....

73,247‌

25,000‌

The

Kansai

Electric

Power

Co.

Inc.

.....

243,834‌

The

Gabelli

Utility

Trust

Schedule

Investments

(Continued)

—

September

30,

2021

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

ENERGY

AND

UTILITIES

(Continued)

Global

Utilities

(Continued)

10,000‌

Tohoku

Electric

Power

Co.

Inc.

........

73,858‌

8,292,063‌

Merchant

Energy

—

1.5%

237,000‌

The

AES

Corp.(b)

.................

5,410,710‌

Natural

Gas

Integrated

—

4.8%

8,000‌

Midstream

Inc.

................

369,920‌

85,000‌

Energy

Transfer

................

814,300‌

105,000‌

Kinder

Morgan

Inc.

................

1,756,650‌

110,600‌

National

Fuel

Gas

Co.

..............

5,808,712‌

150,000‌

ONEOK

Inc.

.....................

8,698,500‌

17,448,082‌

Natural

Gas

Utilities

—

4.9%

25,500‌

Atmos

Energy

Corp.

...............

2,249,100‌

10,000‌

Chesapeake

Utilities

Corp.

...........

1,200,500‌

29,000‌

Corning

Natural

Gas

Holding

Corp.

.....

705,570‌

14,000‌

Engie

.......................

183,932‌

70,000‌

National

Grid

plc,

ADR

..............

4,174,100‌

30,000‌

ONE

Gas

Inc.

....................

1,901,100‌

18,000‌

RGC

Resources

Inc.

...............

407,700‌

101,200‌

Southwest

Gas

Holdings

Inc.

.........

6,768,256‌

5,200‌

Spire

Inc.

.......................

318,136‌

1,800‌

UGI

Corp.

.......................

76,716‌

17,985,110‌

Natural

Resources

—

0.8%

55,000‌

Cameco

Corp.

....................

1,195,150‌

30,000‌

Compania

Minas

Buenaventura

SAA,

ADR†

........................

202,800‌

24,000‌

Exxon

Mobil

Corp.

................

1,411,680‌

2,200‌

Hess

Corp.

......................

171,842‌

400‌

Linde

plc

.......................

117,352‌

3,098,824‌

Oil

—

0.2%

7,000‌

Devon

Energy

Corp.

...............

248,570‌

30,000‌

Halliburton

Co.

...................

648,600‌

897,170‌

Services

—

1.3%

24,000‌

ABB

Ltd.,

ADR

...................

800,640‌

100,000‌

Enbridge

Inc.

....................

3,980,000‌

4,780,640‌

Water

—

5.5%

27,000‌

American

States

Water

Co.

...........

2,309,040‌

24,900‌

American

Water

Works

Co.

Inc.

.......

4,209,096‌

24,200‌

Artesian

Resources

Corp.,

Cl. A

.......

923,714‌

34,000‌

California

Water

Service

Group

........

2,003,620‌

27,000‌

Essential

Utilities

Inc.

..............

1,244,160‌

Market

Value

7,700‌

Middlesex

Water

Co.

...............

791,406‌

155,000‌

Severn

Trent

plc

..................

5,438,376‌

38,500‌

SJW

Group

.....................

2,543,310‌

10,000‌

The

York

Water

Co.

................

436,800‌

19,899,522‌

TOTAL

ENERGY

AND

UTILITIES

......

230,603,290‌

COMMUNICATIONS

—

13.2%

Cable

and

Satellite

—

5.2%

18,000‌

Altice

USA

Inc.,

Cl. A†

..............

372,960‌

3,000‌

Charter

Communications

Inc.,

Cl. A†

....

2,182,680‌

20,000‌

Cogeco

Inc.

.....................

1,424,285‌

68,000‌

DISH

Network

Corp.,

Cl. A†

..........

2,955,280‌

10,000‌

EchoStar

Corp.,

Cl. A†

..............

255,100‌

340,000‌

ITV

plc†

........................

488,352‌

60,000‌

Liberty

Global

plc,

Cl. A†

............

1,788,000‌

120,071‌

Liberty

Global

plc,

Cl. C†

............

3,537,292‌

60,000‌

Liberty

Latin

America

Ltd.,

Cl. A†

......

784,800‌

5,947‌

Liberty

Latin

America

Ltd.,

Cl. C†

......

78,024‌

16,000‌

Rogers

Communications

Inc.,

Cl. B

.....

746,240‌

14,000‌

Shaw

Communications

Inc.,

Cl. B

......

406,979‌

105,000‌

Telenet

Group

Holding

...........

4,008,818‌

19,028,810‌

Communications

Equipment

—

0.1%

10,000‌

Furukawa

Electric

Co.

Ltd.

...........

220,944‌

Telecommunications

—

5.9%

50,000‌

AT&T

Inc.

.......................

1,350,500‌

10,000‌

BCE

Inc.,

New

York

................

500,600‌

6,047‌

BCE

Inc.,

Toronto

.................

302,923‌

100,000‌

Group

plc,

Cl. A†

...............

215,315‌

6,500‌

Cogeco

Communications

Inc.

.........

577,641‌

93,000‌

Deutsche

Telekom

..............

1,874,011‌

60,000‌

Deutsche

Telekom

AG,

ADR

..........

1,209,000‌

200‌

Hutchison

Telecommunications

Hong

Kong

Holdings

Ltd.

..................

31‌

135,000‌

Lumen

Technologies

Inc.

............

1,672,650‌

70,000‌

Nippon

Telegraph

Telephone

Corp.

....

1,940,339‌

142,000‌

Orange

Belgium

................

3,194,312‌

6,000‌

Orange

SA,

ADR

..................

64,980‌

59,000‌

Orascom

Financial

Holding

SAE†

......

931‌

11,800‌

Orascom

Investment

Holding,

GDR

.....

307‌

30,000‌

Pharol

SGPS

SA†

.................

3,183‌

4,000‌

Proximus

....................

79,416‌

2,000‌

Indosat

Tbk†

..................

929‌

110,000‌

Sistema

PJSC

FC,

GDR

.............

812,900‌

1,350‌

Tele2

AB,

Cl. B

...................

20,024‌

200,000‌

Telefonica

Deutschland

Holding

.....

569,445‌

250,000‌

Telefonica

SA,

ADR

................

1,177,500‌

85,000‌

Telekom

Austria

................

734,510‌

15,000‌

Telephone

and

Data

Systems

Inc.

......

292,500‌

The

Gabelli

Utility

Trust

Schedule

Investments

(Continued)

—

September

30,

2021

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

COMMUNICATIONS

(Continued)

Telecommunications

(Continued)

1,200‌

Telesites

SAB

CV†

...............

1,033‌

7,000‌

T-Mobile

Inc.†

.................

894,320‌

325,000‌

VEON

Ltd.,

ADR†

.................

676,000‌

65,000‌

Verizon

Communications

Inc.

.........

3,510,650‌

21,675,950‌

Wireless

Communications

—

2.0%

3,000‌

America

Movil

SAB

CV,

Cl. L,

ADR

...

53,010‌

12,000‌

Anterix

Inc.†

.....................

728,400‌

53,000‌

Millicom

International

Cellular

SA,

SDR†

1,925,809‌

1,154‌

Mobile

Telesystems

PJSC

...........

5,225‌

7,250‌

Mobile

TeleSystems

PJSC,

ADR

.......

69,890‌

2,000‌

Telecom

Co.

Ltd.,

ADR†

..........

60,200‌

400‌

SmarTone

Telecommunications

Holdings

Ltd.

.........................

227‌

60,000‌

Turkcell

Iletisim

Hizmetleri

A/S,

ADR

....

261,000‌

42,000‌

United

States

Cellular

Corp.†

.........

1,339,380‌

180,000‌

Vodafone

Group

plc,

ADR

...........

2,781,000‌

7,224,141‌

TOTAL

COMMUNICATIONS

.........

48,149,845‌

OTHER

—

3.1%

Agriculture

—

0.0%

3,000‌

Cadiz

Inc.†

......................

21,120‌

Diversified

Industrial

—

0.3%

25,000‌

Macquarie

Infrastructure

Holdings

LLC

1,014,000‌

Electronics

—

0.7%

700‌

Hubbell

Inc.

.....................

126,469‌

3,000‌

Keysight

Technologies

Inc.†

..........

492,870‌

18,000‌

Sony

Group

Corp.,

ADR

.............

1,990,440‌

2,609,779‌

Financial

Services

—

0.4%

50,000‌

GAM

Holding

AG†

.................

91,207‌

19,000‌

Kinnevik

AB,

Cl. A†

................

746,596‌

20,000‌

Kinnevik

AB,

Cl. B†

................

706,273‌

1,544,076‌

Machinery

—

1.0%

195,000‌

CNH

Industrial

.................

3,238,950‌

500‌

Flowserve

Corp.

..................

17,335‌

300‌

Medmix

AG†

....................

14,164‌

7,500‌

Mueller

Water

Products

Inc.,

Cl. A

.....

114,150‌

1,000‌

Xylem

Inc.

......................

123,680‌

3,508,279‌

Specialty

Chemicals

—

0.0%

400‌

Air

Products

and

Chemicals

Inc.

.......

102,444‌

Market

Value

Transportation

—

0.7%

27,500‌

GATX

Corp.

.....................

2,462,900‌

TOTAL

OTHER

.................

11,262,598‌

INDEPENDENT

POWER

PRODUCERS

AND

ENERGY

TRADERS

—

0.2%

Electric

Integrated

—

0.2%

20,000‌

NRG

Energy

Inc.

..................

816,600‌

TOTAL

COMMON

STOCKS

.........

290,832,333‌

MANDATORY

CONVERTIBLE

SECURITIES(c)

—

0.8%

ENERGY

AND

UTILITIES

—

0.8%

Natural

Gas

Utilities

—

0.8%

4,203‌

Corning

Natural

Gas

Holding

Corp.,

Ser.

4.800%,

09/30/26

...............

120,542‌

55,400‌

Spire

Inc.,

Ser.

7.500%,

03/01/24

...............

2,673,050‌

TOTAL

MANDATORY

CONVERTIBLE

SECURITIES

................

2,793,592‌

RIGHTS

—

0.0%

ENERGY

AND

UTILITIES

—

0.0%

Environmental

Services

—

0.0%

30,000‌

Veolia

Environnement

SA,

expire

10/08/21†

.....................

24,951‌

WARRANTS

—

0.0%

ENERGY

AND

UTILITIES

—

0.0%

Services

—

0.0%

1,425‌

Weatherford

International

plc,

expire

12/13/23†

.....................

499‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

—

19.5%

71,181,000‌

U.S.

Treasury

Bills,

0.024%

0.060%††,

10/14/21

03/24/22

......................

71,176,847‌

TOTAL

INVESTMENTS

—

100.0%

....

(Cost

$313,798,706)

.............

364,828,222‌

The

Gabelli

Utility

Trust

Schedule

Investments

(Continued)

—

September

30,

2021

(Unaudited)

(a)

Security

exempt

from

registration

under

Rule

144A

the

Securities

Act

1933,

amended.

This

security

may

resold

transactions

exempt

from

registration,

normally

qualified

institutional

buyers.

(b)

September

30,

2021,

$2,853,750

the

principal

amount

was

pledged

collateral

for

current

potential

holdings.

(c)

Mandatory

convertible

securities

are

required

converted

the

dates

listed;

they

generally

may

converted

prior

these

dates

the

option

the

holder.

†

Non-income

producing

security.

††

Represents

annualized

yields

dates

purchase.

ADR

American

Depositary

Receipt

GDR

Global

Depositary

Receipt

SDR

Swedish

Depositary

Receipt

The Gabelli Utility Trust (GUT) NPORT-PGabelli Utility Trust (Sep 2021 report)