| TOP INSTITUTIONAL HOLDERS |
| Holder | Shares | % Out | Value* | Reported | | FRANKLIN RESOURCES, INC | 38,600 | 1.10 | $528,820 | 30-Sep-09 | | KARPUS INVESTMENT MANAGEMENT | 25,050 | .71 | $343,185 | 30-Sep-09 | | MORGAN STANLEY | 15,950 | .45 | $218,515 | 30-Sep-09 | | Advisors Asset Management, Inc. | 3,363 | .10 | $46,073 | 30-Sep-09 | | SAN FRANCISCO SENTRY INVESTMENT GROUP | 3,300 | .09 | $45,210 | 30-Sep-09 | | RBC Capital Markets Corporation | 2,333 | .07 | $31,962 | 30-Sep-09 | | Ameriprise Financial, Inc. | 1,300 | .04 | $17,810 | 30-Sep-09 | | WELLS FARGO & COMPANY | 1,100 | .03 | $15,070 | 30-Sep-09 |
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| Holder | Shares | % Out | Value* | Reported | | TFS CAPITAL INVESTMENT TR-TFS MARKET NEUTRAL FUND | 1,936 | .06 | $25,845 | 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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