Portfolio Update

Premier Energy and Water Trust PLC announce that at close of business on 30 November 2016 its twenty largest investments were as follows:     

Company	% of total net assets
OPG Power Ventures	8.4%
First Trust MLP and Energy Income Fund	5.8%
SSE PLC	5.6%
TerraForm Global 9.75% Bond 15/08/2022*	5.2%
Beijing Enterprises Holdings	5.0%
China Power Intl. Develop	4.5%
Cia de Saneamento do Para	4.3%
Pattern Energy Conv 4% 15/7/2020	4.1%
China Everbright Intl.	3.7%
Pennon Group	3.2%
Engie	3.1%
Huaneng Renewables	3.0%
Qatar Electricity & Water Co.	2.9%
Transelectrica	2.8%
Cia Paranaense Energia ADR	2.6%
Hafslund	2.4%
Avangrid	2.2%
Nextera Energy	1.9%
Edison International	1.8%
Keppel Infrastructure Trust	1.7%

* Holding in both bond and equity

                                                                                                                                                     At close of business on 30 November 2016 the total net assets of Premier Energy and Water Trust PLC amounted to £57.0 million. The sector breakdown and geographical allocation were as follows:
 

Sector Breakdown	% of total net assets
Electricity	36.6%
Multi Utilities	23.7%
Renewable Energy	15.7%
Water & Waste	12.5%
Gas	8.4%
Cash/Net Current Assets	3.1%
	100.0%

Geographical Allocation	% of total net assets
North America	22.8%
China	17.5%
Latin America	9.8%
United Kingdom	9.4%
Global	9.3%
India	9.0%
Europe (excluding UK)	7.1%
Eastern Europe	4.5%
Asia (excluding China)	4.6%
Middle East	2.9%
Cash/Net Current Assets	3.1%
	100.0%