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

                                  Schedule 13D
                                 (Rule 13d-101)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
             TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT
                                TO RULE 13d-2(a)
                               (Amendment No. 30)*

                       Boulder Growth & Income Fund, Inc.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                    101507101
                                 (CUSIP Number)

                             Stephen C. Miller, Esq.
                              Krassa & Miller, LLC
                           2344 Spruce Street, Suite A
                             Boulder, Colorado 80302
                                 (303) 442-2156
           (Name, Address and Telephone Number of Person Authorized to
                       Receive Notices and Communications)

                                November 11, 2009
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  that is the subject of this  Schedule  13D, and is filing this
schedule  because of Rule  13d-1(e),  13d-1(f) or 13d-1(g),  check the following
box. |_|

Note:  Schedules  filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.

--------
* The remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





CUSIP No. 101507101
--------------------------------------------------------------------------------
1.  Names of Reporting Persons.
    I.R.S. Identification Nos. of above persons (entities only)

      Ernest Horejsi Trust No. 1B

--------------------------------------------------------------------------------
2.  Check the Appropriate Box if a Member of a Group (See Instructions)
      (A)
      (B)
--------------------------------------------------------------------------------
3.  SEC Use Only

--------------------------------------------------------------------------------
4.  Source of Funds (See Instructions)             WC OO

--------------------------------------------------------------------------------
5.  Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
    or 2(e)

--------------------------------------------------------------------------------
6.  Citizenship or Place of Organization           Alaska

--------------------------------------------------------------------------------

Number of                  7.       Sole Voting Power         5,448,501
                           -----------------------------------------------------
Shares Bene-
ficially                   8.       Shares Voting Power
                           -----------------------------------------------------
Owned by Each
Reporting                  9.       Sole Dispositive Power    5,448,501
                           -----------------------------------------------------
Person With
                           10.      Shared Dispositive Power
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person    5,448,501

--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
    Instructions)

--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)     21.37%

--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)            OO

--------------------------------------------------------------------------------





CUSIP No. 101507101
--------------------------------------------------------------------------------
1.  Names of Reporting Persons.
    I.R.S. Identification Nos. of above persons (entities only)

      Stewart R. Horejsi

--------------------------------------------------------------------------------
2.  Check the Appropriate Box if a Member of a Group (See Instructions)
      (A)
      (B)
--------------------------------------------------------------------------------
3.  SEC Use Only

--------------------------------------------------------------------------------
4.  Source of Funds (See Instructions)            Not applicable

--------------------------------------------------------------------------------
5.  Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
    or 2(e)

--------------------------------------------------------------------------------
6.  Citizenship or Place of Organization          United States

--------------------------------------------------------------------------------

Number of                  7.       Sole Voting Power         0
                           -----------------------------------------------------
Shares Bene-
ficially                   8.       Shares Voting Power       0
                           -----------------------------------------------------
Owned by Each
Reporting                  9.       Sole Dispositive Power    0
                           -----------------------------------------------------
Person With
                           10.      Shared Dispositive Power  0
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person       0

--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
    Instructions)   X

--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)        0%

--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)               IN

--------------------------------------------------------------------------------





                  Amendment No. 30 to Statement on Schedule 13D

     This amended  statement on Schedule 13D relates to the Common Stock,  $0.01
par value per share (the  "Shares"),  of Boulder  Growth & Income Fund,  Inc., a
Maryland  corporation  (the  "Company").  Items  3, 4 and 5 of  this  statement,
previously filed by the Ernest Horejsi Trust No. 1B (the "Trust"), as the direct
beneficial  owner of the  Shares,  and  Stewart  R.  Horejsi,  by  virtue of the
relationships described previously in this statement,  are hereby amended as set
forth below.


Item 3. Source and Amount of Funds or Other Consideration.

     No change except for the addition of the following:

     The total  amount of funds  required by the Trust to purchase the Shares as
reported in Item 5(c) was $2,114,795.98. Such funds were provided by the Trust's
cash on hand,  inter-trust  advances  and  margin  borrowings  under an  account
maintained by Merrill Lynch, Pierce, Fenner & Smith Incorporated.


Item 4. Purpose of Transaction.

     No change except for the addition of the following:

     The Trust  purchased the shares  reported in Item 5(c) of this statement in
order to  increase  its equity  ownership  of the  Company.  Depending  upon its
evaluation  of  the  Company's  investments  and  prospects,   and  upon  future
developments  (including,  but not limited to,  performance of the Shares in the
market,  the effective yield on the Shares,  availability of funds,  alternative
uses of funds, and money, stock market and general economic conditions),  any of
the Reporting Persons or other entities that may be deemed to be affiliated with
the  Reporting  Persons may from time to time  purchase  Shares,  and any of the
Reporting Persons or other entities that may be deemed to be affiliated with the
Reporting  Persons  may from time to time  dispose  of all or a  portion  of the
Shares  held by such  person,  or  cease  buying  or  selling  Shares.  Any such
additional  purchases  or  sales  of  the  Shares  may  be  in  open  market  or
privately-negotiated transactions or otherwise.


Item 5. Interest in Securities of the Issuer.

     No change except for the addition of the following:

     (a) The  Trust is the  direct  beneficial  owner of  5,448,501  Shares,  or
approximately  21.37% of the  25,495,585  Shares  outstanding as of May 31, 2009
according  to  information  contained  in the  Company's  semi-annual  report to
stockholders.  By virtue of the  relationships  reported in this statement,  Mr.
Horejsi  may be deemed to share  indirect  beneficial  ownership  of the  Shares
directly  beneficially  owned  by the  Trust.  Mr.  Horejsi  disclaims  all such
beneficial ownership.

     (c) The table below sets forth Shares  purchased by the Trust since June 9,
2009. Such purchases were effected by the Trust on the New York Stock Exchange.



---------------------------- -------------------------- ------------------------
           Date                   Number of Shares            Purchase Price

---------------------------- -------------------------- ------------------------
                                                            
         06/09/09                        500                      $4.69
---------------------------- -------------------------- ------------------------
         06/09/09                      3,600                      $4.70
---------------------------- -------------------------- ------------------------
         06/10/09                     10,000                      $4.68
---------------------------- -------------------------- ------------------------
         06/10/09                      1,926                      $4.67
---------------------------- -------------------------- ------------------------
         06/12/09                      5,000                      $4.70
---------------------------- -------------------------- ------------------------
         06/12/09                      5,000                      $4.69
---------------------------- -------------------------- ------------------------
         06/12/09                      5,000                      $4.68
---------------------------- -------------------------- ------------------------
         06/15/09                     10,550                      $4.59
---------------------------- -------------------------- ------------------------
         06/15/09                      7,630                      $4.60
---------------------------- -------------------------- ------------------------
         06/16/09                      5,000                      $4.60
---------------------------- -------------------------- ------------------------
         06/16/09                      3,600                      $4.58
---------------------------- -------------------------- ------------------------
         06/29/09                      2,425                      $4.51
---------------------------- -------------------------- ------------------------
         06/30/09                        684                      $4.50
---------------------------- -------------------------- ------------------------
         07/01/09                      5,000                      $4.56
---------------------------- -------------------------- ------------------------
         07/01/09                      5,000                      $4.60
---------------------------- -------------------------- ------------------------
         07/01/09                      5,000                      $4.59
---------------------------- -------------------------- ------------------------
         07/01/09                      6,000                      $4.61
---------------------------- -------------------------- ------------------------
         07/02/09                     26,000                      $4.51
---------------------------- -------------------------- ------------------------
         07/02/09                      5,549                      $4.50
---------------------------- -------------------------- ------------------------
         07/13/09                      5,000                      $4.45
---------------------------- -------------------------- ------------------------
         07/14/08                         73                      $4.49
---------------------------- -------------------------- ------------------------
         07/15/08                      5,000                      $4.60
---------------------------- -------------------------- ------------------------
         07/16/09                      4,967                      $4.59
---------------------------- -------------------------- ------------------------
         07/17/09                      5,000                      $4.68
---------------------------- -------------------------- ------------------------
         07/31/09                         26                      $4.89
---------------------------- -------------------------- ------------------------
         11/03/09                      4,800                      $5.39
---------------------------- -------------------------- ------------------------
         11/04/09                      7,000                      $5.44
---------------------------- -------------------------- ------------------------
         11/04/09                      5,000                      $5.43
---------------------------- -------------------------- ------------------------
         11/04/09                      1,000                      $5.40
---------------------------- -------------------------- ------------------------
         11/06/09                     15,000                      $5.48
---------------------------- -------------------------- ------------------------
         11/06/09                      5,000                      $5.46
---------------------------- -------------------------- ------------------------
         11/09/09                      6,000                      $5.50
---------------------------- -------------------------- ------------------------
         11/09/09                      3,000                      $5.53
---------------------------- -------------------------- ------------------------
         11/10/09                     15,600                      $5.51
---------------------------- -------------------------- ------------------------
         11/10/09                     10,000                      $5.52
---------------------------- -------------------------- ------------------------
         11/10/09                      5,400                      $5.50
---------------------------- -------------------------- ------------------------
         11/10/09                     14,600                      $5.53
---------------------------- -------------------------- ------------------------
         11/11/09                      6,000                      $5.58
---------------------------- -------------------------- ------------------------
         11/11/09                     11,000                      $5.59
---------------------------- -------------------------- ------------------------
         11/11/09                      3,000                      $5.60
---------------------------- -------------------------- ------------------------
         11/11/09                     18,000                      $5.57
---------------------------- -------------------------- ------------------------
         11/11/09                      5,000                      $5.56
---------------------------- -------------------------- ------------------------
         11/11/09                        937                      $5.53
---------------------------- -------------------------- ------------------------
         11/11/09                        300                      $5.54
---------------------------- -------------------------- ------------------------
         11/12/09                        200                      $5.53
---------------------------- -------------------------- ------------------------
         11/13/09                      5,000                      $5.55
---------------------------- -------------------------- ------------------------
         11/13/09                     12,500                      $5.57
---------------------------- -------------------------- ------------------------
         11/13/09                      9,000                      $5.59
---------------------------- -------------------------- ------------------------
         11/13/09                      5,785                      $5.58
---------------------------- -------------------------- ------------------------
         11/13/09                        300                      $5.52
---------------------------- -------------------------- ------------------------
         11/13/09                      3,259                      $5.54
---------------------------- -------------------------- ------------------------
         11/13/09                      4,685                      $5.56
---------------------------- -------------------------- ------------------------
         11/13/09                      1,000                      $5.53
---------------------------- -------------------------- ------------------------
         11/13/09                        122                      $5.50
---------------------------- -------------------------- ------------------------
         11/16/09                     11,500                      $5.65
---------------------------- -------------------------- ------------------------
         11/16/09                     12,956                      $5.64
---------------------------- -------------------------- ------------------------
         11/16/09                      1,500                      $5.66
---------------------------- -------------------------- ------------------------
         11/16/09                      1,813                      $5.63
---------------------------- -------------------------- ------------------------
         11/17/09                     10,400                      $5.58
---------------------------- -------------------------- ------------------------
         11/17/09                     13,208                      $5.62
---------------------------- -------------------------- ------------------------
         11/17/09                      3,100                      $5.61
---------------------------- -------------------------- ------------------------
         11/17/09                     13,000                      $5.63
---------------------------- -------------------------- ------------------------
         11/17/09                     10,439                      $5.60
---------------------------- -------------------------- ------------------------
         11/17/09                     13,100                      $5.59
---------------------------- -------------------------- ------------------------
         11/17/09                        500                      $5.53
---------------------------- -------------------------- ------------------------






                                    Signature

After due inquiry and to the best of my knowledge and belief, I certify that the
information set forth in this statement is true, complete and correct.

Date: November 18, 2009


                                             /s/ Stewart R. Horejsi
                                             -----------------------------------
                                             Stewart R. Horejsi



                                             /s/ Douglas J. Blattmachr
                                             -----------------------------------
                                             Douglas J. Blattmachr, as President
                                             of Alaska Trust Company, trustee of
                                             the Ernest Horejsi Trust No. 1B