| TOP INSTITUTIONAL HOLDERS |
| Holder | Shares | % Out | Value* | Reported | | SIT INVESTMENT ASSOCIATES INC | 102,300 | 1.32 | $1,287,957 | 30-Sep-09 | | FINANCIAL & INVESTMENT MANAGEMENT GROUP LTD | 56,075 | .72 | $705,984 | 30-Sep-09 | | KARPUS INVESTMENT MANAGEMENT | 49,250 | .64 | $620,057 | 30-Sep-09 | | Benchmark Plus Management, LLC | 37,496 | .48 | $472,074 | 30-Sep-09 | | WESTERN INVESTMENT, LLC | 22,268 | .29 | $280,354 | 30-Sep-09 | | YieldQuest Advisors, LLC | 19,793 | .26 | $249,193 | 30-Sep-09 | | COMERICA, INC. | 11,657 | .15 | $146,761 | 30-Sep-09 | | Technical Financial Services LLC | 10,236 | .13 | $128,871 | 30-Sep-09 | | WELLS FARGO & COMPANY | 7,947 | .10 | $100,052 | 30-Sep-09 | | UBS AG | 5,212 | .07 | $65,619 | 30-Sep-09 |
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| Holder | Shares | % Out | Value* | Reported | | YieldQuest Total Return Bond Fd | 11,495 | .15 | $137,480 | 31-Jul-09 | | TFS CAPITAL INVESTMENT TR-TFS MARKET NEUTRAL FUND | 6,291 | .08 | $75,240 | 31-Jul-09 | | YieldQuest Tax Exempt Bond Fd | 5,051 | .07 | $60,409 | 31-Jul-09 | | YieldQuest Low Duration Tax-Exempt Bond Fund | 5,051 | .07 | $60,409 | 31-Jul-09 |
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Value shown is computed using the security's price on the report date given.
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