MIDDLEFIELD GLOBAL INFRASTRUCTURE FUND
Summary of Investment Portfolio as at September 30, 2023
 
  Top Twenty-Five Holdings * 
    Description % of
Net Asset Value
 
  1. Middlefield Sustainable Infrastructure Dividend ETF 54.1%  
  2. Topaz Energy Corp. 5.2%  
  3. Ferrovial SE 4.6%  
  4. TransAlta Corp. 4.6%  
  5. Union Pacific Corp. 4.6%  
  6. Canadian Apartment Properties Real Estate Investment Trust 4.5%  
  7. Enbridge Inc. 4.5%  
  8. Boardwalk Real Estate Investment Trust 4.5%  
  9. Westshore Terminals Investment Corp. 3.7%  
  10. Secure Energy Services Inc. 2.7%  
  11. Tidewater Renewables Ltd. 2.3%  
  12. First Capital Real Estate Investment Trust 2.2%  
   "Top Twenty-Five Holdings" excludes any temporary cash investments
* The Fund has only twelve holdings.
 
 
    Asset Class % of
Net Asset Value
 
   Exchange-Traded Fund(s) 54.1%  
   Industrials 12.9%  
   Real Estate 11.2%  
   Energy 10.2%  
   Utilities 4.6%  
   Pipelines 4.5%  
   Cash and Short-Term Investments 3.1%  
   Other Assets (Liabilities) -0.6%  
  100.0% 
    Total Net Asset Value $17,898,697  
    Total Assets $18,136,460  
 The Summary of Investment Portfolio may change due to ongoing portfolio transactions. The Prospectus of any investment funds owned by the fund can be found online at www.sedar.com. Updates to this Summary of Investment Portfolio are posted to www.middlefield.com.