Portfolio Update

Premier Energy and Water Trust PLC announce that at close of business on 31 July 2017 its twenty largest investments were as follows:           

Company	% of total net assets
Beijing Enterprises Holdings	5.5%
SSE PLC	5.3%
OPG Power Ventures	5.3%
Cia de Saneamento do Para	5.0%
China Everbright Intl.	4.9%
First Trust MLP and Energy Income Fund	4.8%
Huaneng Renewables	4.3%
Avangrid	4.0%
Pennon Group	3.8%
Transelectrica	2.8%
Saeta Yield	2.7%
Qatar Electricity & Water Co.	2.5%
Transgaz	2.5%
Cia Paranaense Energia ADR	2.4%
Edison International	2.4%
Keppel Infrastructure Trust	2.3%
Engie	2.3%
Nextera Energy	2.3%
Iberdrola	2.3%
Mytrah Energy	2.1%

                                                                                                                                                     At close of business on 31 July 2017 the total net assets of Premier Energy and Water Trust PLC amounted to £58.1 million. The sector breakdown and geographical allocation were as follows:

Sector Breakdown	% of total net assets
Electricity	30.2%
Multi Utilities	23.8%
Renewable Energy	13.5%
Water & Waste	15.6%
Gas	12.4%
Toll roads	1.0%
Cash/Net Current Assets	3.5%
	100.0%

Geographical Allocation	% of total net assets
North America	22.0%
China	17.7%
Latin America	11.0%
United Kingdom	9.6%
Global	7.9%
India	7.3%
Europe (excluding UK)	8.5%
Eastern Europe	5.3%
Asia (excluding China)	4.6%
Middle East	2.6%
Cash/Net Current Assets	3.5%
	100.0%