FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

John S. Horejsi Trust
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/20/2020 

3. Issuer Name and Ticker or Trading Symbol

BOULDER GROWTH & INCOME FUND [BIF]
(Last)        (First)        (Middle)

3000 A. STREET SUITE 200
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

ANCHORAGE, AK 99503      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
COMMON STOCK 657098 (1)D (2)(3) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) On February 20, 2020, the Reporting Person (also referred to as the "JSHT") received a distribution of 657,098 shares (the "Shares") of Boulder Growth & Income Fund, Inc. (the "Company") from an affiliated trust, the LBT 2019 Trust (the "2019 Trust"). The Reporting Person received the Shares pursuant to a general power of appointment granted under the 2019 Trust to John S. Horejsi, the JSHT's grantor. The 2019 Trust allows Mr. Horejsi to appoint Shares allocated to him under such trust in his discretion and he elected to appoint such Shares to JSHT.
(2) The trustee of the JSHT is Peak Trust Company-AK, which may be deemed to control the JSHT. As a result of his advisory role with the JSHT, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the Shares directly beneficially owned by the JSHT. However, Mr. Stewart Horejsi disclaims such beneficial ownership of the Shares directly beneficially held by the JSHT.
(3) The JSHT and trusts, persons and entities affiliated with the JSHT, including the 2019 Trust, Lola Brown Trust No. 1B, Ernest Horejsi Trust No. 1B, Mildred B. Horejsi Trust, Stewart R. Horejsi Trust No. 2, Susan L. Ciciora Trust, Stewart West Indies Trust and Susan L. Ciciora own an aggregate of 45,384,254 shares of the Company.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
John S. Horejsi Trust
3000 A. STREET SUITE 200
ANCHORAGE, AK 99503

X


Signatures
/s/ Matthew Blattmachr2/24/2020
**Signature of Reporting PersonDate

President Peak Trust Company, Trustee of the Trust2/24/2020
**Signature of Reporting PersonDate

Stewart R. Horejsi2/24/2020
**Signature of Reporting PersonDate

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