Portfolio Update

Premier Energy and Water Trust PLC announce that at close of business on 28 February 2017 its twenty largest investments were as follows:           

Company	% of total net assets
OPG Power Ventures	5.9%
Cia de Saneamento do Para	5.8%
SSE PLC	5.5%
Beijing Enterprises Holdings	5.3%
TerraForm Global 9.75% Bond 15/08/2022	5.2%
First Trust MLP and Energy Income Fund	5.1%
China Everbright Intl.	4.5%
Pattern Energy Conv 4% 15/7/2020	4.0%
Avangrid	3.9%
Huaneng Renewables	3.8%
Pennon Group	3.6%
Cia Paranaense Energia ADR	3.1%
Transelectrica	3.1%
Qatar Electricity & Water Co.	2.9%
Hafslund	2.5%
Nextera Energy	2.1%
China Power Intl. Develop	2.0%
Edison International	2.0%
Transgaz	1.9%
Engie	1.8%

At close of business on 28 February 2017 the total net assets of Premier Energy and Water Trust PLC amounted to £60.5 million. The sector breakdown and geographical allocation were as follows:

Sector Breakdown	% of total net assets
Electricity	33.2%
Multi Utilities	24.0%
Renewable Energy	16.5%
Water & Waste	15.0%
Gas	9.0%
Cash/Net Current Assets	2.3%
	100.0%

Geographical Allocation	% of total net assets
North America	24.4%
China	16.8%
Latin America	12.1%
United Kingdom	9.7%
Global	8.1%
India	6.4%
Europe (excluding UK)	7.5%
Eastern Europe	5.0%
Asia (excluding China)	4.7%
Middle East	3.0%
Cash/Net Current Assets	2.3%
	100.0%