let's start with sempra, a couple of regulated utilities in southern california.wth market, and an energy infrastructure business, including some great natural gas pipelines in mexico. some l and g, liquified natural gas, and a number of products. stock has pulled back 16% since it peaked 14 months ago. lower natural gas make the business less attractive. i think interest rates have played a bigger role, as the 3.2 dividend yield doesn't pay you enough versus what you can get from treasuries risk free. competition is too tough. what wall street has been focused on big picture things beyond sempra's control, the company kept its head down and is continuing to put up strong numbers. we have this stock in our bull pen for the travel trust. we have been thinking hard. we need to free up space for the portfolio first. let's not forget american electric power. how many times have they been on? that's the columbus, ohio, based utility. one of the largest electricity producers. when i spoke to the ceo earlier this month, i marvelled at the low growth, up 7.5% in the last