| TOP INSTITUTIONAL HOLDERS |
| Holder | Shares | % Out | Value* | Reported | | Claymore Advisors, LLC | 215,377 | 2.32 | $2,881,744 | 30-Sep-09 | | MORGAN STANLEY | 109,225 | 1.18 | $1,461,430 | 30-Sep-09 | | HORIZON ASSET MANAGEMENT, INC./NY | 56,231 | .61 | $752,370 | 30-Sep-09 | | YieldQuest Advisors, LLC | 40,310 | .44 | $539,347 | 30-Sep-09 | | MILLENNIUM MANAGEMENT LLC | 36,600 | .40 | $489,708 | 30-Sep-09 | | KARPUS INVESTMENT MANAGEMENT | 18,986 | .20 | $254,032 | 30-Sep-09 | | Technical Financial Services LLC | 18,665 | .20 | $249,737 | 30-Sep-09 | | Advisors Asset Management, Inc. | 18,224 | .20 | $243,837 | 30-Sep-09 | | OPPENHEIMER & COMPANY INC. | 11,018 | .12 | $147,420 | 30-Sep-09 | | U.S. BANCORP (MINNESOTA) | 4,740 | .05 | $63,421 | 30-Sep-09 |
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| Holder | Shares | % Out | Value* | Reported | | YieldQuest Low Duration Tax-Exempt Bond Fund | 11,017 | .12 | $140,466 | 31-Jul-09 | | YieldQuest Tax Exempt Bond Fd | 11,017 | .12 | $140,466 | 31-Jul-09 | | YieldQuest Total Return Bond Fd | 10,065 | .11 | $128,328 | 31-Jul-09 | | TFS CAPITAL INVESTMENT TR-TFS MARKET NEUTRAL FUND | 6,032 | .07 | $76,908 | 31-Jul-09 | | AQR Funds-AQR Diversified Arbitrage Fd | 130 | .00 | $1,554 | 30-Jun-09 |
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Value shown is computed using the security's price on the report date given.
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