100 Worst Bid-Offer Spreads from July 01, 2010 - December 31, 2010

Trade Date	CUSIP	Description	Coupon	Maturity	Customer Sell To Dealer Bid Side Price Low/High	Bid Offer Spreads	Customer Purchase From Dealer Offer Side Price Low/High	Yield % on Offer Side Price Low Px % / High Px %	# of Trades	Volume
09/13/2010	580818CS9	MC HENRY CNTY ILL CONSV DIST SER A	5.625	02/01/2021	73.660 / 73.660	28.356	102.016 / 102.016	0.240 / 0.240	2	1MM+
08/20/2010	451295VJ5	IDAHO HEALTH FACS AUTH REV ST LUKES REGL MED CTR-RMKT	4.625	07/01/2030	99.550 / 99.550	28.335	98.625 / 127.885	4.732 / 1.550	139	6,905,000
07/09/2010	20000MAR0	COMANCHE CNTY TEX CONS HOSP	4.250	08/15/2022	67.500 / 67.500	25.754	93.254 / 93.254	5.000 / 5.000	2	35,000
08/25/2010	802254DN9	SANTA MARIA BONITA CALIF SCH SCH FACS PROJ	4.250	06/01/2025	74.333 / 74.333	25.367	99.700 / 99.700	4.277 / 4.277	2	30,030
12/27/2010	01039VAM6	ALABAMA SPL CARE FACS FING ASCENSION-D-MBIA-IBC-BHAC-CR	5.000	11/15/2039	72.575 / 72.575	24.905	97.480 / 97.480	5.169 / 5.169	2	55,000
07/09/2010	20000MAP4	COMANCHE CNTY TEX CONS HOSP	4.050	08/15/2020	69.750 / 69.750	24.349	94.055 / 94.099	4.800 / 4.800	4	85,000
12/28/2010	845389DY8	SOUTHWESTERN CMNTY COLLEGE TAXABLE-ELEC OF 2008-B-BUILD	7.230	08/01/2039	79.300 / 79.300	23.950	103.250 / 103.250	6.724 / 6.724	2	20,000
09/01/2010	667027H25	NORTHSIDE TEX INDPT SCH DIST SCH BLDG-SER B	4.500	08/15/2033	78.710 / 78.710	23.512	102.222 / 102.222	4.128 / 4.128	2	60,000
12/09/2010	796242QW8	SAN ANTONIO TEX ARPT SYS REV REF & IMPT-SUB LIEN-	5.000	07/01/2029	97.737 / 97.737	23.340	97.637 / 121.077	5.200 / 3.451	8	900,000
12/15/2010	50963NDQ9	LAKE ELSINORE CALIF SPL TAX CMNTY FACS DIST NO 2003-2-A	4.625	09/01/2016	77.500 / 77.500	23.000	100.500 / 100.500	0.000 / 0.000	2	30,000
12/07/2010	91412EBH2	UNIVERSITY CENT FLA CTFS PARTN TAXABLE-UCF CONVOCATION CORP-B	5.375	10/01/2035	74.182 / 74.182	22.630	96.812 / 96.812	5.614 / 5.614	2	50,000
07/09/2010	20000MAL3	COMANCHE CNTY TEX CONS HOSP	3.750	08/15/2017	75.260 / 75.260	22.303	97.563 / 97.563	4.150 / 4.150	2	45,000
07/26/2010	61305RAB0	MONTGOMERY ALA MED CLINIC BRD 1ST MTG-WTR OAKS PARTNERS-A	8.000	03/01/2030	77.113 / 77.113	21.975	99.088 / 99.088	8.092 / 8.092	2	80,000
08/26/2010	59469CXU2	MICHIGAN ST STRATEGIC FD LTD REF-MICH SUGAR CO-SEBEWAING-A	6.250	11/01/2015	77.890 / 77.890	21.610	78.500 / 99.500	11.940 / 6.363	3	35,000
09/01/2010	214471HF4	COOK CNTY ILL SCH DIST NO 104 CAP APPREC-SER C	0.000	12/01/2019	77.110 / 77.110	20.954	98.064 / 98.064	0.212 / 0.212	2	400,000
11/18/2010	74526QLW0	PUERTO RICO ELEC PWR AUTH PWR REF-SER UU	4.250	07/01/2027	74.000 / 74.000	20.832	94.832 / 94.832	4.701 / 4.701	2	20,000
09/27/2010	052414JN0	AUSTIN TEX ELEC UTIL SYS REV REF-TAXABLE	5.218	11/15/2017	90.258 / 90.258	20.742	111.000 / 111.000	3.462 / 3.462	5	70,000
10/27/2010	606907AR4	MISSOURI ST ENVIRONMENTAL IMPT UNION ELEC PROJ-AMBAC-TCRS	5.450	10/01/2028	79.942 / 79.942	20.058	100.000 / 100.000	5.326 / 5.326	2	15,000
09/29/2010	59333TBA7	MIAMI-DADE CNTY FLA PUB FACS JACKSON HEALTH SYS-A	4.375	06/01/2037	76.588 / 76.588	20.025	95.817 / 96.613	4.650 / 4.596	5	140,000
07/16/2010	452143BY5	ILLINOIS SPORTS FACS AUTH ST TAX SUPPORTED	5.000	06/15/2032	83.050 / 83.050	19.766	102.816 / 102.816	3.957 / 3.957	2	28,000
11/16/2010	67756BSJ0	OHIO ST HIGHER EDL FAC REV KENYON COLLEGE PROJ	5.000	07/01/2041	83.511 / 83.511	19.391	100.250 / 102.902	4.947 / 4.410	5	1MM+
12/13/2010	657902F31	NORTH CAROLINA MED CARE COMMN HUGH CHATHAM MEM HOSP PROJ	5.000	10/01/2033	69.000 / 69.000	18.448	87.448 / 87.448	6.019 / 6.019	2	25,000
12/16/2010	717817JK7	PHILADELPHIA PA ARPT REV SER A	4.500	06/15/2029	68.081 / 68.081	18.319	86.400 / 86.400	5.700 / 5.700	2	50,000
09/02/2010	796253T93	SAN ANTONIO TEX ELEC & GAS REV TAXABLE-SYS-SER C-BUILD AMER	5.985	02/01/2039	96.800 / 96.800	18.048	114.848 / 114.848	5.000 / 5.000	2	275,000
09/23/2010	974450ND6	WINNEBAGO CNTY ILL PUB SAFETY SALES TAX-SER A	5.000	12/30/2019	95.500 / 95.500	18.019	98.250 / 113.519	5.240 / 2.000	3	29,000
09/29/2010	13077LBQ6	CALIFORNIA STATEWIDE CMNTYS LATHROP CITY HALL PROJ	4.625	07/15/2026	74.037 / 74.037	17.794	91.831 / 91.831	5.400 / 5.400	2	25,000
09/23/2010	4424365Y3	HOUSTON TEX WTR & SWR SYS REV UNREFUNDED BAL-CAP APPREC-JR-A	0.000	12/01/2023	44.627 / 44.627	17.594	62.221 / 62.221	3.634 / 3.634	2	55,000
09/08/2010	649438FN3	NEW YORK CITY N Y INDL DEV AGY BRONX PKG DEV CO LLC	5.875	10/01/2046	65.000 / 65.000	17.576	65.250 / 82.576	9.202 / 7.242	4	1MM+
11/19/2010	245834BY1	DELAWARE CNTY IND HOSP AUTH CARDINAL HEALTH SYS OBLIG GRP	5.000	08/01/2024	81.500 / 81.500	17.500	82.750 / 99.000	6.975 / 5.102	3	40,000
07/19/2010	155839CY7	CENTRAL WASH UNIV SYS REV	4.625	05/01/2033	82.075 / 82.075	17.385	99.460 / 99.460	4.663 / 4.663	2	10,000
12/08/2010	118217AL2	BUCKEYE OHIO TOB SETTLEMENT ASSET-BKD-SR-SER A-1	5.000	06/01/2016	84.880 / 84.880	17.334	102.214 / 102.214	4.538 / 4.538	4	20,000
10/14/2010	59333NKS1	MIAMI-DADE CNTY FLA SPL OBLIG CAP APPREC-SUB-SER A	0.000	10/01/2037	.931 / .931	17.319	18.250 / 18.250	6.412 / 6.412	2	50,000
08/23/2010	97710NSU1	WISCONSIN ST HEALTH & EDL FACS RICHLAND HOSP INC PJ-SER A	5.375	06/01/2028	76.725 / 76.725	17.275	94.000 / 94.000	5.925 / 5.925	2	20,000
11/30/2010	539233PK6	LIVONIA MICH MUN BLDG AUTH REF	4.250	05/01/2030	75.500 / 75.500	17.250	92.750 / 92.750	4.829 / 4.829	2	10,000
12/08/2010	646039RT6	NEW JERSEY ST VAR PURP	5.000	06/01/2024	104.545 / 104.545	16.881	121.426 / 121.426	2.211 / 2.211	2	330,000
11/18/2010	41981CJE1	HAWAII ST HWY REV	5.500	01/01/2025	98.257 / 98.257	16.439	114.696 / 114.696	3.409 / 3.409	2	20,000
11/22/2010	413893CN6	HARRIS CNTY-HOUSTON TEX SPORTS REF-JR LIEN-SER B	5.250	11/15/2040	83.594 / 83.594	16.406	84.366 / 100.000	6.433 / 5.250	6	130,000
08/17/2010	246388KY7	DELAWARE ST HEALTH FACS AUTH NANTICOKE MEM HOSP PROJ-SER B	5.625	05/01/2032	71.944 / 71.944	16.056	85.625 / 88.000	6.913 / 6.679	6	45,000
12/17/2010	546398QR2	LOUISIANA PUB FACS AUTH REV MILLENIUM HSG LLC STUDENT HSG	4.250	11/01/2038	72.718 / 72.718	16.053	67.010 / 88.771	6.942 / 5.001	9	205,000
09/01/2010	649438FL7	NEW YORK CITY N Y INDL DEV AGY BRONX PKG DEV CO LLC	5.750	10/01/2027	75.090 / 75.090	15.910	85.000 / 91.000	7.301 / 6.638	3	1MM+
12/21/2010	684907JC3	ORANGE CNTY FLA HSG FIN AUTH AMT-SER A	5.550	09/01/2033	81.553 / 81.553	15.639	97.192 / 97.192	5.773 / 5.773	2	10,000
12/14/2010	91412EAX8	UNIVERSITY CENT FLA CTFS PARTN UCF CONVOCATION CORP-SER A	5.000	10/01/2035	81.130 / 81.130	15.620	96.750 / 96.750	5.235 / 5.235	2	35,000
09/10/2010	04777LAB2	ATLANTA GA DEV AUTH STUDENT ADA/CAU PARTNERS INC-CLARK-A	6.250	07/01/2024	65.080 / 65.080	15.406	69.000 / 80.486	10.567 / 8.704	5	100,000
12/15/2010	74526QAR3	PUERTO RICO ELEC PWR AUTH PWR SER NN	4.750	07/01/2033	81.300 / 81.300	15.342	88.129 / 96.642	5.691 / 5.000	3	45,000
09/14/2010	649710BU3	NEW YORK N Y CITY INDL DEV SPL NEEDS FACS POOLED PG-A-1	4.550	07/01/2026	77.641 / 77.641	15.159	92.800 / 92.800	5.225 / 5.225	2	100,000
12/28/2010	130178RU2	CALIFORNIA EDL FACS AUTH REV CLAREMONT MCKENNA COLLEGE	5.000	01/01/2039	80.870 / 80.870	15.130	96.000 / 96.000	5.275 / 5.275	2	25,000
09/22/2010	04777LAB2	ATLANTA GA DEV AUTH STUDENT ADA/CAU PARTNERS INC-CLARK-A	6.250	07/01/2024	61.511 / 61.511	15.039	76.550 / 76.550	9.304 / 9.304	2	35,000
09/07/2010	64986APY1	NEW YORK ST ENVIRONMENTAL FACS NYC MUN WTR FIN AUTH-SUB-B	4.500	06/15/2036	87.750 / 87.750	15.022	101.772 / 102.772	4.150 / 3.956	3	35,000
07/29/2010	590545QN2	MESA ARIZ UTIL SYS REV	4.375	07/01/2030	85.952 / 85.952	14.886	100.838 / 100.838	4.233 / 4.233	2	40,000
11/17/2010	88880NAU3	TOBACCO SETTLEMENT FING CORP SR SER B-1	5.000	06/01/2047	53.625 / 53.625	14.780	62.659 / 68.405	8.250 / 7.558	5	185,000
10/25/2010	64971MFP2	NEW YORK N Y CITY TRANSITIONAL SUB-FUTURE TAX SECD-SER B	5.000	11/01/2019	101.187 / 101.187	14.612	101.187 / 115.799	4.786 / 2.366	4	55,000
12/23/2010	57586EWT4	MASSACHUSETTS ST HEALTH & EDL LOWELL GEN HOSP-SER C	5.000	07/01/2030	78.278 / 78.278	14.565	92.843 / 92.843	5.608 / 5.608	3	170,000
11/19/2010	95942TBK2	WESTERN RIVERSIDE WTR & REF-LOC AGY-SR LIEN-SER A	5.000	09/01/2030	85.496 / 85.496	14.504	100.000 / 100.000	4.998 / 4.998	2	45,000
11/15/2010	798147L28	SAN JOSE CALIF REDEV AGY TAX REF-MERGED AREA REDEV PJ-SER C	3.750	08/01/2028	73.536 / 73.536	14.414	87.950 / 87.950	4.765 / 4.765	2	55,000
12/16/2010	01728ACH7	ALLEGHENY CNTY PA HOSP DEV CAP APPREC-REF-MAGEE-WOMENS	0.000	10/01/2019	56.811 / 56.811	14.355	71.166 / 71.166	3.913 / 3.913	2	40,000
11/23/2010	254842AJ6	DISTRICT COLUMBIA TOB ASSET BKD BDS	6.500	05/15/2033	88.660 / 88.660	14.332	102.992 / 102.992	6.250 / 6.250	2	220,000
11/17/2010	64989KGH3	NEW YORK ST PWR AUTH REV SER A	4.500	11/15/2047	88.443 / 88.443	14.303	101.749 / 102.746	4.208 / 4.044	3	70,000
12/08/2010	13062N6P7	CALIFORNIA ST	5.000	02/01/2031	85.713 / 85.713	14.287	100.000 / 100.000	4.997 / 4.997	3	35,000
09/14/2010	4424026W8	HOUSTON TEX INDPT SCH DIST REF-SER B	5.000	02/15/2024	100.200 / 100.200	14.152	102.450 / 114.352	4.554 / 2.558	4	85,000
07/30/2010	64579FFG3	NEW JERSEY HEALTH CARE FACS REF-ST CLARES HOSP INC-SER A	4.750	07/01/2025	103.460 / 103.460	14.149	117.609 / 117.609	3.250 / 3.250	2	20,000
12/01/2010	167486HL6	CHICAGO ILL TAXABLE-REF-PROJ-SER B	6.207	01/01/2032	88.125 / 88.125	14.133	101.460 / 102.258	6.083 / 6.016	3	590,000
11/18/2010	287468EJ7	ELKHART CNTY IND HOSP AUTH REV ELKHART GEN HOSP-AMBAC TCRS	5.250	08/15/2028	85.873 / 85.873	14.127	100.000 / 100.000	5.176 / 5.176	3	35,000
12/03/2010	088379SA1	BEXAR CNTY TEX HSG FIN CORP AMERICAN OPPTY HSG-A	5.800	01/01/2031	79.985 / 79.985	14.115	94.100 / 94.100	6.323 / 6.323	2	25,000
11/19/2010	6457883N8	NEW JERSEY ENVIRONMENTAL REF-ENVIRONMENTAL-SER A	3.125	09/01/2023	85.848 / 85.848	14.046	99.894 / 99.894	3.135 / 3.135	2	20,000
12/15/2010	797415JZ0	SAN DIEGO CNTY CALIF WTR AUTH SER A	5.000	05/01/2038	85.666 / 85.666	14.046	99.712 / 99.712	5.019 / 5.019	2	50,000
11/16/2010	752117MG3	RANCHO CUCAMONGA CALIF CMNTY ESCROW-SPL TAX-NO 2004-1	5.375	09/01/2036	73.991 / 73.991	14.017	76.100 / 88.008	7.478 / 6.323	4	150,000
11/18/2010	419800EH6	HAWAII ST DEPT BUDGET & FIN HAWAIIAN ELEC CO INC PJS-SER A	5.100	09/01/2032	86.064 / 86.064	13.901	89.131 / 99.965	6.000 / 5.102	3	75,000
12/27/2010	592646KG7	METROPOLITAN WASH D C ARPTS AMT-REF-SER A	5.000	10/01/2033	85.853 / 85.853	13.897	99.750 / 99.750	5.018 / 5.018	2	30,000
12/22/2010	574217WS0	MARYLAND ST HEALTH & HIGHER PENINSULA REGL MED CTR	4.625	07/01/2027	87.162 / 87.162	13.838	92.820 / 101.000	5.282 / 4.418	3	30,000
11/12/2010	452151LF8	ILLINOIS ST TAXABLE-PENSION	5.100	06/01/2033	77.856 / 77.856	13.769	78.263 / 91.625	7.037 / 5.769	20	1,810,000
08/02/2010	033753PH1	ANDERSON CNTY S C SCH DIST	4.375	02/01/2038	88.000 / 88.000	13.750	88.000 / 101.750	4.383 / 4.150	4	1MM+
10/12/2010	60534QND9	MISSISSIPPI DEV BK SPL OBLIG REF & IMPT-ADAMS CNTY HOSP	5.000	07/01/2031	86.260 / 86.260	13.740	87.400 / 100.000	6.077 / 4.998	7	100,000
08/06/2010	837036BM3	SOUTH CAROLINA JOBS-ECONOMIC SUB-MYRTLE BEACH CONVENTION-B	5.250	04/01/2036	84.766 / 84.766	13.727	98.493 / 98.493	5.358 / 5.358	2	25,000
09/13/2010	43231NDL1	HILLSBOROUGH CNTY FLA COURT REF	4.400	11/01/2029	86.313 / 86.313	13.687	100.000 / 100.000	4.400 / 4.400	2	20,000
07/01/2010	546398UZ9	LOUISIANA PUB FACS AUTH REV OCHSNER CLINIC FNDTN PJ-SER A	5.250	05/15/2038	76.265 / 76.265	13.660	89.900 / 89.925	6.000 / 5.998	4	70,000
11/22/2010	865293AF1	SULLIVAN CNTY TENN HEALTH EDL WELLMONT HEALTH SYS PROJ-SER C	5.250	09/01/2036	86.342 / 86.342	13.658	86.592 / 100.000	6.309 / 5.248	3	1MM+
12/07/2010	906365BX8	UNION CNTY N J UTILS AUTH SR LEASE-OGDEN MARTIN-SER A	5.000	06/01/2023	85.311 / 85.311	13.651	98.962 / 98.962	5.113 / 5.113	2	45,000
11/16/2010	644800V68	NEW HANOVER CNTY N C PUB IMPT-SER A	5.000	08/01/2030	99.351 / 99.351	13.649	113.000 / 113.000	3.414 / 3.414	2	85,000
11/30/2010	246388QL9	DELAWARE ST HEALTH FACS AUTH CHRISTIANA CARE-SER A	4.200	10/01/2029	85.920 / 85.920	13.580	87.045 / 99.500	5.295 / 4.238	5	375,000
11/18/2010	463272CS1	IRONTON OHIO CITY SCH DIST	4.250	12/01/2028	86.432 / 86.432	13.567	99.999 / 99.999	4.250 / 4.250	2	15,000
11/30/2010	888794AT1	TOB SECURITIZATION AUTH NORTHN ASSET-BKD BDS-SER A-1	5.375	06/01/2038	75.400 / 75.400	13.559	88.959 / 88.959	6.218 / 6.218	2	570,000
12/17/2010	56516MAS9	MAPLE GROVE MINN HEALTH CARE MAPLE GROVE HOSP CORP	5.250	05/01/2037	77.067 / 77.067	13.553	90.620 / 90.620	5.959 / 5.959	2	150,000
07/21/2010	472628PV2	JEFFERSON CNTY ALA CAP IMPT WTS-SER A	4.000	04/01/2016	78.500 / 78.500	13.525	92.025 / 92.025	5.660 / 5.660	2	35,000
12/08/2010	13062TM84	CALIFORNIA ST UNREFUNDED BALANCE-2007	5.250	06/01/2021	96.500 / 96.500	13.510	101.150 / 110.010	2.749 / -14.703	3	30,000
12/15/2010	927688FZ9	VIRGIN ISLANDS WTR & PWR AUTH TAXABLE-SER C-BUILD AMER	6.850	07/01/2035	94.000 / 94.000	13.475	107.475 / 107.475	6.250 / 6.250	2	110,000
12/16/2010	453849BH3	INDEPENDENT CITIES CALIF LEASE EL GRANADA MOBILE HOME PK-A	6.000	05/15/2034	82.927 / 82.927	13.419	96.346 / 96.346	6.300 / 6.300	2	20,000
10/19/2010	575898AL5	MASSACHUSETTS ST PORT AUTH SPL DELTA AIR LINES INC PJ-SER A	5.000	01/01/2027	78.125 / 78.125	13.375	91.500 / 91.500	5.817 / 5.817	2	90,000
07/21/2010	37546AAU4	GILBERTS ILL SPL SVC AREA NO 9 REF-BIG TIMBER PJ	4.400	03/01/2025	86.512 / 86.512	13.338	99.850 / 99.850	4.414 / 4.414	2	40,000
08/31/2010	130795CN5	CALIFORNIA STATEWIDE CMNTYS CHILDRENS HOSP L.A.	5.000	08/15/2039	86.680 / 86.680	13.320	93.300 / 100.000	5.463 / 5.000	3	85,000
11/23/2010	01729EKR7	ALLEGHENY CNTY PA HIGHER ED WAYNESBURG COLLEGE PROJ	4.750	05/01/2037	79.210 / 79.210	13.290	92.500 / 92.500	5.279 / 5.279	2	10,000
07/19/2010	462460VZ6	IOWA HIGHER ED LN AUTH REV REF-PRV COLLEGE-WARTBURG-A	5.250	10/01/2030	53.550 / 53.550	13.286	66.836 / 66.836	8.785 / 8.785	2	15,000
12/02/2010	59465HAS5	MICHIGAN ST HOSP FIN AUTH REV REF-SPARROW OBLIGATED GROUP	5.000	11/15/2036	86.730 / 86.730	13.270	90.200 / 100.000	5.729 / 4.999	3	20,000
12/01/2010	673639BV1	OAKLEY CALIF REDEV AGY TAX SUB-OAKLEY REDEV PJ AREA-SER A	5.000	09/01/2038	75.480 / 75.480	13.228	88.708 / 88.708	5.826 / 5.826	3	45,000
12/14/2010	452151SW4	ILLINOIS ST	5.000	11/01/2028	86.751 / 86.751	13.219	99.970 / 99.970	5.002 / 5.002	2	100,000
11/22/2010	64579XBP8	NEW JERSEY HEALTH CARE FACS GREYSTONE PK PSYCHIATRIC HOSP	4.000	09/15/2021	90.511 / 90.511	13.165	103.676 / 103.676	3.168 / 3.168	2	35,000
12/17/2010	13062RJA7	CALIFORNIA ST VETERANS-AMT-SER CB	5.050	12/01/2036	83.203 / 83.203	13.159	86.637 / 96.362	6.080 / 5.310	3	295,000
11/23/2010	343299AD5	FLORISSANT MO INDL DEV AUTH REF-TAX INCREMENT	5.625	05/01/2024	84.000 / 84.000	13.150	97.150 / 97.150	5.935 / 5.935	2	10,000
07/13/2010	902261GP5	TYLER TEX HEALTH FACS DEV CORP MOTHER FRANCES HOSP-SER B	5.000	07/01/2037	84.604 / 84.604	13.146	87.750 / 97.750	5.915 / 5.155	3	1MM+
12/14/2010	16756KDG9	CHICAGO ILL MOTOR FUEL TAX REV PROJ-SER A	5.000	01/01/2038	84.702 / 84.702	13.120	97.822 / 97.822	5.150 / 5.150	3	85,000
08/16/2010	098756CE7	BOONE CNTY IND REDEV DIST TAX SER A	5.000	08/01/2028	87.000 / 87.000	13.000	100.000 / 100.000	4.999 / 4.999	15	230,000

100 Worst Offer-Side Spreads from July 01, 2010 - December 31, 2010

Trade Date	CUSIP	Description	Coupon	Maturity	Customer Sell To Dealer Bid Side Price Low/High	Customer Purchase From Dealer Offer Side Price Low/High	Offer Side Spreads	Yield % on Offer Side Price Low Px % / High Px %	# of Trades	Volume
11/30/2010	163103RV8	CHELAN CNTY WASH PUB UTIL DIST TAXABLE BUILD AMER BDS-D	6.647	07/01/2029	101.750 / 101.750	71.931 / 102.000	30.069	6.340 / 6.340	14	175,000
08/20/2010	451295VJ5	IDAHO HEALTH FACS AUTH REV ST LUKES REGL MED CTR-RMKT	4.625	07/01/2030	99.550 / 99.550	98.625 / 127.885	29.260	4.732 / 1.550	139	6,905,000
09/20/2010	118217AU2	BUCKEYE OHIO TOB SETTLEMENT ASSET-BKD-SR-TURBO-SER A-2	5.875	06/01/2047	71.818 / 71.818	74.550 / 102.125	27.575	8.040 / 5.489	29	1MM+
08/31/2010	526433BM8	LEON CNTY FLA EDL FACS AUTH STUDENT HSG-HERITAGE GROVE PJ	5.125	08/01/2033	0.000 / 0.000	72.000 / 98.037	26.037	7.757 / 5.273	3	95,000
10/01/2010	885715CP5	THREE RIVERS OHIO LOC SCH DIST SCH IMPT-SER C	2.000	12/01/2016	0.000 / 0.000	99.948 / 124.248	24.300	2.009 / -1.719	2	50,000
12/09/2010	796242QW8	SAN ANTONIO TEX ARPT SYS REV REF & IMPT-SUB LIEN-	5.000	07/01/2029	97.737 / 97.737	97.637 / 121.077	23.440	5.200 / 3.451	8	900,000
08/23/2010	64579FHJ5	NEW JERSEY HEALTH CARE FACS HOLY NAME HOSP	5.250	07/01/2030	97.979 / 97.979	74.931 / 98.354	23.423	7.742 / 5.385	3	335,000
10/20/2010	544566AN2	LOS ANGELES CALIF INDL DEV SANTEE COURT PARKING FAC PROJ	5.000	12/01/2020	0.000 / 0.000	57.000 / 78.883	21.883	12.659 / 8.100	2	30,000
12/17/2010	546398QR2	LOUISIANA PUB FACS AUTH REV MILLENIUM HSG LLC STUDENT HSG	4.250	11/01/2038	72.718 / 72.718	67.010 / 88.771	21.761	6.942 / 5.001	9	205,000
08/26/2010	59469CXU2	MICHIGAN ST STRATEGIC FD LTD REF-MICH SUGAR CO-SEBEWAING-A	6.250	11/01/2015	77.890 / 77.890	78.500 / 99.500	21.000	11.940 / 6.363	3	35,000
07/22/2010	452152EG2	ILLINOIS ST TAXABLE	5.200	03/01/2018	0.000 / 0.000	101.878 / 122.440	20.562	4.900 / 2.000	2	510,000
09/15/2010	521840D54	LEANDER TEX INDPT SCH DIST CAP APPREC-REF	0.000	08/15/2022	0.000 / 0.000	47.421 / 67.771	20.350	6.368 / 3.293	2	35,000
10/19/2010	53741RAD5	LITTLE ROCK ARK RESIDENTL HSG HILTON LITTLE ROCK METRO-A	6.750	04/01/2029	0.000 / 0.000	55.000 / 75.000	20.000	13.376 / 9.683	3	30,000
07/12/2010	64971PFH3	NEW YORK N Y CITY INDL DEV AGY YANKEE STADIUM PJ-PILOT	5.000	03/01/2046	95.575 / 95.575	79.000 / 99.000	20.000	6.524 / 5.061	20	295,000
12/01/2010	792893FQ7	ST PAUL MINN HSG & REDEV AUTH ROSSY & RICHARD SHALLER-SER A1	5.250	10/01/2042	0.000 / 0.000	78.838 / 98.738	19.900	6.900 / 5.332	2	40,000
11/16/2010	57583R5R2	MASSACHUSETTS ST DEV FIN AGY HARVARD UNIV-SER B-3	5.000	01/01/2020	115.913 / 115.913	100.259 / 119.942	19.683	4.964 / 2.536	6	1MM+
08/27/2010	13016NBW3	CALIFORNIA CNTY CALIF TOB ASSET-BKD-ALAMEDA CNTY	5.750	06/01/2029	95.500 / 95.500	81.000 / 100.000	19.000	7.677 / 5.744	4	40,000
07/29/2010	650035ST6	NEW YORK ST URBAN DEV CORP REV ST PERS INCOME TAX	5.000	12/15/2018	0.000 / 0.000	100.119 / 118.844	18.725	4.980 / 2.491	2	1,355,000
10/08/2010	64966H3C2	NEW YORK N Y SER E	5.000	08/01/2020	0.000 / 0.000	98.006 / 116.378	18.372	5.262 / 3.050	17	1MM+
11/03/2010	677525TY3	OHIO ST AIR QUALITY DEV AUTH VAR-REF-POLLUTN CTL-NUCLEAR	3.375	07/01/2033	0.000 / 0.000	84.129 / 102.486	18.357	4.500 / 2.800	11	1,070,000
11/22/2010	866527EK6	SUMTER CNTY FLA CAP IMPT REV REF	4.500	06/01/2024	0.000 / 0.000	77.600 / 95.900	18.300	7.106 / 4.919	2	20,000
11/03/2010	64988RDR0	NEW YORK ST MTG AGY REV NON AMT NON ACE-45TH	4.500	04/01/2029	0.000 / 0.000	107.855 / 125.930	18.075	3.509 / 2.700	3	1MM+
09/28/2010	88283LGZ3	TEXAS TRANSN COMMN ST HWY FD FIRST TIER	5.250	04/01/2027	0.000 / 0.000	102.836 / 120.575	17.739	4.996 / 3.587	3	95,000
08/31/2010	04777LAB2	ATLANTA GA DEV AUTH STUDENT ADA/CAU PARTNERS INC-CLARK-A	6.250	07/01/2024	55.720 / 55.720	79.950 / 97.538	17.588	8.780 / 6.522	3	90,000
07/15/2010	815626FG6	SEDGWICK CNTY KANS UNI SCH REF	5.000	09/01/2011	0.000 / 0.000	87.268 / 104.750	17.482	18.110 / 0.710	3	1MM+
10/28/2010	606907AR4	MISSOURI ST ENVIRONMENTAL IMPT UNION ELEC PROJ-AMBAC-TCRS	5.450	10/01/2028	0.000 / 0.000	82.596 / 100.000	17.404	7.193 / 5.326	2	35,000
07/06/2010	6499037B1	NEW YORK ST DORM AUTH REVS NON SCH DIST BD FING PROG-SER D	5.500	10/01/2016	0.000 / 0.000	100.000 / 117.387	17.387	5.498 / 2.470	2	80,000
09/08/2010	649438FN3	NEW YORK CITY N Y INDL DEV AGY BRONX PKG DEV CO LLC	5.875	10/01/2046	65.000 / 65.000	65.250 / 82.576	17.326	9.202 / 7.242	4	1MM+
09/29/2010	63968ARN7	NEBRASKA PUB PWR DIST REV GEN-SER C	5.000	01/01/2020	0.000 / 0.000	100.000 / 117.106	17.106	5.000 / 2.870	4	1MM+
07/09/2010	645913AV6	NEW JERSEY ECONOMIC DEV AUTH SER B	0.000	02/15/2017	74.942 / 74.942	59.570 / 76.322	16.752	8.022 / 4.145	4	286,000
09/30/2010	74529JLR4	PUERTO RICO SALES TAX FING CAP APPREC-FIRST SUB-SER C	0.000	08/01/2039	0.000 / 0.000	.771 / 17.449	16.678	17.611 / 6.150	3	500,000
09/29/2010	194741GA6	COLLIN CNTY TEX CMNTY COLLEGE REF-LTD TAX	4.500	08/15/2020	0.000 / 0.000	100.000 / 116.602	16.602	4.499 / 2.570	3	1MM+
12/22/2010	144250BJ5	CAROLINE CNTY VA INDL DEV AUTH	5.000	06/15/2025	0.000 / 0.000	82.000 / 98.500	16.500	6.998 / 5.148	3	60,000
11/19/2010	245834BY1	DELAWARE CNTY IND HOSP AUTH CARDINAL HEALTH SYS OBLIG GRP	5.000	08/01/2024	81.500 / 81.500	82.750 / 99.000	16.250	6.975 / 5.102	3	40,000
11/18/2010	709223B67	PENNSYLVANIA ST TPK COMMN TPK SPL-MOTOR LICENSE FD-B-1	4.375	12/01/2040	0.000 / 0.000	83.683 / 99.910	16.227	5.490 / 4.380	9	570,000
07/06/2010	76912TBS1	RIVERSIDE CNTY CALIF PUB FING REDEV PROJS	5.000	10/01/2035	83.200 / 83.200	72.000 / 88.147	16.147	7.484 / 5.909	3	55,000
11/22/2010	413893CN6	HARRIS CNTY-HOUSTON TEX SPORTS REF-JR LIEN-SER B	5.250	11/15/2040	83.594 / 83.594	84.366 / 100.000	15.634	6.433 / 5.250	6	130,000
12/01/2010	709223VW8	PENNSYLVANIA ST TPK COMMN TPK SUB-SER A	5.000	06/01/2039	96.500 / 96.500	86.124 / 101.500	15.376	6.025 / 4.783	5	75,000
09/23/2010	974450ND6	WINNEBAGO CNTY ILL PUB SAFETY SALES TAX-SER A	5.000	12/30/2019	95.500 / 95.500	98.250 / 113.519	15.269	5.240 / 2.000	3	29,000
10/29/2010	40727RAK4	HAMILTON CNTY OHIO HEALTH CARE REF-LIFE ENRICHING CMNTYS PJ-A	5.000	01/01/2037	0.000 / 0.000	81.500 / 96.673	15.173	6.476 / 5.234	3	85,000
12/15/2010	213185DV0	COOK CNTY ILL TAXABLE-SER D-BUILD AMER BDS	6.229	11/15/2034	93.750 / 93.750	81.346 / 96.500	15.154	7.989 / 6.519	9	45,000
08/09/2010	594751AB5	MICHIGAN TOB SETTLEMENT FIN TAXABLE-TURBO-SER A	7.309	06/01/2034	91.000 / 91.000	79.600 / 94.707	15.107	9.481 / 7.800	5	45,000
07/14/2010	646139W35	NEW JERSEY ST TPK AUTH TPK REV TAXABLE-SER F-BUILD AMER BDS-	7.414	01/01/2040	114.500 / 114.500	103.199 / 118.000	14.801	7.152 / 6.091	4	12,000
11/17/2010	956432ES3	WEST VIEW PA MUN AUTH WTR REV	6.400	11/15/2017	0.000 / 0.000	98.910 / 113.599	14.689	6.716 / 2.768	2	10,000
10/25/2010	64971MFP2	NEW YORK N Y CITY TRANSITIONAL SUB-FUTURE TAX SECD-SER B	5.000	11/01/2019	101.187 / 101.187	101.187 / 115.799	14.612	4.786 / 2.366	4	55,000
09/23/2010	79739GBJ4	SAN DIEGO CNTY CALIF REGL ARPT SUB-SER A	5.000	07/01/2018	0.000 / 0.000	100.000 / 114.608	14.608	4.999 / 2.880	16	1MM+
12/16/2010	235241LS3	DALLAS TEX AREA RAPID TRAN TAXABLE-SR LIEN-SER B	5.999	12/01/2044	0.000 / 0.000	86.356 / 100.868	14.512	7.063 / 5.939	2	1MM+
09/20/2010	057154AN6	BAKER CNTY FLA HOSP AUTH	5.300	12/01/2023	0.000 / 0.000	81.250 / 95.673	14.423	7.571 / 5.772	2	45,000
11/18/2010	9151373W1	UNIVERSITY TEX UNIV REVS REF-FING SYS-SER B	5.375	08/15/2023	0.000 / 0.000	102.073 / 116.481	14.408	5.150 / 3.736	2	10,000
11/18/2010	930863U52	WAKE CNTY N C PREREFUNDED-PUB IMPT	5.000	03/01/2022	0.000 / 0.000	101.344 / 115.750	14.406	4.800 / 2.849	2	10,000
12/08/2010	130795CP0	CALIFORNIA STATEWIDE CMNTYS CHILDRENS HOSP L.A.	5.000	08/15/2043	0.000 / 0.000	85.600 / 99.998	14.398	6.011 / 4.999	3	75,000
12/31/2010	59333PUR7	MIAMI-DADE CNTY FLA AVIATION MIAMI INTL ARPT-SER B	5.000	10/01/2041	91.688 / 91.688	83.984 / 98.330	14.346	6.168 / 5.108	5	245,000
10/25/2010	64966HAY6	NEW YORK N Y SUBSER B-1	5.250	09/01/2021	0.000 / 0.000	101.610 / 115.903	14.293	4.998 / 2.962	2	40,000
10/20/2010	592248BA5	METROPOLITAN PIER & EXPOSITION CAP APPREC-REF-MCCORMICK-B-1	0.000	06/15/2043	0.000 / 0.000	.960 / 15.013	14.053	14.750 / 5.895	2	425,000
08/18/2010	130795B63	CALIFORNIA STATEWIDE CMNTYS FHA INSD MTG-METHODIST HOSP PJ	6.250	08/01/2024	0.000 / 0.000	103.931 / 117.958	14.027	5.681 / 3.850	6	425,000
12/28/2010	13033WLB7	CALIFORNIA INFRASTRUCTURE & BAY AREA TOLL BRDGS-1ST LIEN-A	5.000	07/01/2036	103.885 / 103.885	100.493 / 114.493	14.000	4.957 / 3.832	5	150,000
07/02/2010	018213HM3	ALLENDALE N J	3.600	02/15/2026	91.150 / 91.150	78.261 / 92.133	13.872	5.725 / 4.297	3	18,000
08/17/2010	594751AB5	MICHIGAN TOB SETTLEMENT FIN TAXABLE-TURBO-SER A	7.309	06/01/2034	0.000 / 0.000	78.152 / 92.000	13.848	9.669 / 8.069	7	605,000
08/25/2010	745177ET8	PUERTO RICO COMWLTH GOVT DEV SR NTS-SER C	5.400	08/01/2019	99.425 / 99.425	86.250 / 100.000	13.750	7.519 / 5.400	57	1MM+
08/02/2010	033753PH1	ANDERSON CNTY S C SCH DIST	4.375	02/01/2038	88.000 / 88.000	88.000 / 101.750	13.750	4.383 / 4.150	4	1MM+
08/27/2010	130628X88	CALIFORNIA ST REF	4.250	10/01/2026	0.000 / 0.000	86.000 / 99.742	13.742	5.579 / 4.272	2	25,000
12/13/2010	419800HA8	HAWAII ST DEPT BUDGET & FIN HAWAIIAN ELEC CO-SER A	4.650	03/01/2037	0.000 / 0.000	85.200 / 98.875	13.675	5.749 / 4.725	5	25,000
08/20/2010	77355PKD4	ROCKLAND CNTY N Y VAR PURP-SER B	2.500	09/01/2017	0.000 / 0.000	103.158 / 116.737	13.579	2.014 / 2.014	3	425,000
07/21/2010	452143BY5	ILLINOIS SPORTS FACS AUTH ST TAX SUPPORTED	5.000	06/15/2032	98.500 / 98.500	88.550 / 101.978	13.428	5.941 / 4.263	9	198,000
11/22/2010	865293AF1	SULLIVAN CNTY TENN HEALTH EDL WELLMONT HEALTH SYS PROJ-SER C	5.250	09/01/2036	86.342 / 86.342	86.592 / 100.000	13.408	6.309 / 5.248	3	1MM+
11/12/2010	452151LF8	ILLINOIS ST TAXABLE-PENSION	5.100	06/01/2033	77.856 / 77.856	78.263 / 91.625	13.362	7.037 / 5.769	20	1,810,000
11/23/2010	194512CE7	COLLEGE TWP PA WTR AUTH WTR	4.000	01/01/2030	0.000 / 0.000	84.200 / 97.389	13.189	5.329 / 4.200	2	255,000
10/25/2010	73358TNR8	PORT AUTH N Y & N J CONS-ONE HUNDRED FORTIETH	5.000	12/01/2027	0.000 / 0.000	97.675 / 110.715	13.040	5.207 / 2.708	3	80,000
11/18/2010	709223ZP9	PENNSYLVANIA ST TPK COMMN TPK SPL-MOTOR LICENSE FD-A1	4.500	12/01/2038	0.000 / 0.000	88.788 / 101.743	12.955	5.270 / 4.265	9	255,000
07/26/2010	78324PAB5	RUTHERFORD CNTY TENN HEALTH & ASCENSION HEALTH SR CR GRP	5.000	11/15/2040	102.930 / 102.930	92.650 / 105.490	12.840	4.276 / 4.276	5	1MM+
07/29/2010	61204KHV6	MONTANA FAC FIN AUTH REV SISTERS LEAVENWORTH-SER A	4.750	01/01/2040	89.510 / 89.510	89.510 / 102.213	12.703	4.535 / 4.459	8	1MM+
09/08/2010	74529JAK1	PUERTO RICO SALES TAX FING CAP APPREC-SER A	0.000	08/01/2044	0.000 / 0.000	1.079 / 13.751	12.672	13.821 / 5.942	2	315,000
09/30/2010	86909RAJ0	SUSQUEHANNA AREA REGL ARPT SER B	5.000	01/01/2033	99.500 / 99.500	89.644 / 102.297	12.653	5.837 / 3.916	4	30,000
12/02/2010	402175KF9	GULF BREEZE FLA REV CAP FDG-SER B	4.500	10/01/2027	86.750 / 86.750	87.075 / 99.703	12.628	5.705 / 4.525	4	110,000
10/12/2010	60534QND9	MISSISSIPPI DEV BK SPL OBLIG REF & IMPT-ADAMS CNTY HOSP	5.000	07/01/2031	86.260 / 86.260	87.400 / 100.000	12.600	6.077 / 4.998	7	100,000
11/17/2010	512804SK2	LAKOTA OHIO LOC SCH DIST	4.500	12/01/2033	0.000 / 0.000	87.124 / 99.705	12.581	5.492 / 4.521	2	15,000
11/18/2010	57563CCQ3	MASSACHUSETTS DEPT TRANSN MET SR-SER B	5.000	01/01/2037	96.905 / 96.905	88.385 / 100.925	12.540	5.875 / 4.872	64	3,075,000
07/08/2010	798111CD0	SAN JOAQUIN HILLS CALIF TRANSN REF-SER A	5.250	01/15/2030	87.000 / 87.000	83.973 / 96.452	12.479	6.739 / 5.550	5	45,000
10/21/2010	13063A4Q4	CALIFORNIA ST VAR PURP	5.625	04/01/2025	120.331 / 120.331	110.774 / 123.247	12.473	4.100 / 2.544	6	800,000
11/30/2010	246388QL9	DELAWARE ST HEALTH FACS AUTH CHRISTIANA CARE-SER A	4.200	10/01/2029	85.920 / 85.920	87.045 / 99.500	12.455	5.295 / 4.238	5	375,000
10/25/2010	73358TVT5	PORT AUTH N Y & N J CONS ONE HUNDRED FORTY-FOURTH	5.000	10/01/2029	0.000 / 0.000	97.070 / 109.498	12.428	5.246 / 3.226	2	30,000
11/22/2010	54714FAA8	LOVE FIELD ARPT MODERNIZATION SOUTHWEST AIRLINES CO	5.250	11/01/2040	0.000 / 0.000	84.750 / 97.125	12.375	6.400 / 5.445	21	1,475,000
11/03/2010	861395CX7	STOCKTON CALIF PUB FING AUTH REF-ASSMT DISTS-SR LIEN-SER A	4.850	09/02/2032	0.000 / 0.000	83.963 / 96.333	12.370	6.200 / 5.131	2	50,000
12/08/2010	717893ST9	PHILADELPHIA PA WTR & WASTEWTR REF-SER B	4.750	11/01/2031	0.000 / 0.000	86.179 / 98.500	12.321	5.912 / 4.865	5	260,000
07/07/2010	650035PY8	NEW YORK ST URBAN DEV CORP REV ST PERS INCOME TAX-SER A-1	5.000	12/15/2017	105.400 / 105.400	105.440 / 117.679	12.239	4.141 / 2.387	4	1,110,000
08/18/2010	65037RAM2	NEWARK N J HSG AUTH PORT AUTH REDEV PROJS	5.250	01/01/2016	0.000 / 0.000	100.000 / 112.225	12.225	5.248 / 1.500	2	20,000
12/09/2010	546398VA3	LOUISIANA PUB FACS AUTH REV OCHSNER CLINIC FNDTN PJ-SER A	5.375	05/15/2043	0.000 / 0.000	87.149 / 99.250	12.101	6.310 / 5.424	2	100,000
10/25/2010	64966HJF8	NEW YORK N Y SUBSER I-1	5.250	04/01/2026	0.000 / 0.000	100.940 / 112.952	12.012	5.111 / 3.464	2	30,000
11/16/2010	752117MG3	RANCHO CUCAMONGA CALIF CMNTY ESCROW-SPL TAX-NO 2004-1	5.375	09/01/2036	73.991 / 73.991	76.100 / 88.008	11.908	7.478 / 6.323	4	150,000
09/14/2010	4424026W8	HOUSTON TEX INDPT SCH DIST REF-SER B	5.000	02/15/2024	100.200 / 100.200	102.450 / 114.352	11.902	4.554 / 2.558	4	85,000
10/14/2010	574205FM7	MARYLAND ST ECONOMIC DEV CORP SR LIEN PROJ-CHESAPEAKE BAY-B	5.000	12/01/2016	86.544 / 86.544	75.000 / 86.794	11.794	10.666 / 7.750	3	1MM+
11/22/2010	235036FZ8	DALLAS FORT WORTH TEX INTL JT-SER A	5.000	11/01/2035	95.625 / 95.625	85.688 / 97.446	11.758	6.127 / 5.183	9	125,000
12/16/2010	13012QAL5	CALIFORNIA CMNTY COLLEGE FING TAXABLE-WEST VY-MISSION-A-1	8.253	08/01/2028	104.572 / 104.572	95.317 / 107.072	11.755	8.778 / 7.137	4	70,000
10/01/2010	566761MZ2	MARICOPA CNTY ARIZ HOSP REV SUN HEALTH CORP	5.000	04/01/2035	0.000 / 0.000	111.473 / 123.200	11.727	3.898 / 2.908	2	325,000
12/13/2010	011692DZ0	ALASKA ENERGY AUTH PWR REV REF-SIXTH SER-BRADLEY LAKE	5.000	07/01/2018	115.082 / 115.082	104.466 / 116.175	11.709	4.300 / 2.622	4	120,000
12/08/2010	13062R3Z9	CALIFORNIA ST VAR PURP	4.500	03/01/2035	96.001 / 96.001	85.553 / 97.251	11.698	5.596 / 4.691	5	130,000
11/17/2010	726158GB8	PLAIN OHIO LOC SCH DIST SCH FACS & CONSTR	4.375	12/01/2031	0.000 / 0.000	88.315 / 100.000	11.685	5.304 / 4.375	3	30,000
12/16/2010	452143BY5	ILLINOIS SPORTS FACS AUTH ST TAX SUPPORTED	5.000	06/15/2032	95.500 / 95.500	87.700 / 99.347	11.647	6.029 / 5.050	6	260,000
12/01/2010	79730AHN1	SAN DIEGO CALIF PUB FACS FING REF-SR-SER B	5.500	05/15/2023	106.000 / 106.000	106.269 / 117.785	11.516	4.595 / 3.090	3	105,000
11/16/2010	721774DN4	PIMA CNTY ARIZ INDL DEV AUTH TUSON ELEC PWR CO-SER A	5.250	10/01/2040	0.000 / 0.000	89.250 / 100.757	11.507	6.030 / 5.150	5	705,000

100 Worst Bid-Side Spreads from July 01, 2010 - December 31, 2010

Trade Date	CUSIP	Description	Coupon	Maturity	Customer Sell To Dealer Bid Side Price Low/High	Bid Side Spreads	Customer Purchase From Dealer Offer Side Price Low/High	Yield % on Offer Side Price Low Px % / High Px %	# of Trades	Volume
08/25/2010	64579FKH5	NEW JERSEY HEALTH CARE FACS CENTRASTATE MED CTR-SER A	4.125	07/01/2026	81.000 / 95.500	14.500	0.000 / 0.000	0.000 / 0.000	2	140,000
12/07/2010	13016NAL8	CALIFORNIA CNTY CALIF TOB ASSET-BKD-KERN CNTY TOB FDG-B	6.000	06/01/2029	78.700 / 93.007	14.307	0.000 / 0.000	0.000 / 0.000	2	20,000
11/10/2010	07133AEU2	BATTERY PK CITY AUTH N Y REV ARS-JR-SER B-2	0.000	11/01/2039	83.000 / 97.000	14.000	0.000 / 0.000	0.000 / 0.000	3	700,000
12/30/2010	574298BQ7	MARYLAND ST TRANSN AUTH ARPT AMT-BALTIMORE/WASH INTL ARPT-B	5.250	03/01/2027	89.290 / 102.837	13.547	0.000 / 0.000	0.000 / 0.000	2	25,000
08/23/2010	130534A83	CALIFORNIA POLLUTN CTL FING REF-PACIFIC GAS-A-RMKT 6/01/07	4.750	12/01/2023	80.551 / 94.012	13.461	0.000 / 0.000	0.000 / 0.000	2	80,000
12/15/2010	13012QAL5	CALIFORNIA CMNTY COLLEGE FING TAXABLE-WEST VY-MISSION-A-1	8.253	08/01/2028	94.027 / 107.456	13.429	0.000 / 0.000	0.000 / 0.000	2	75,000
11/16/2010	726158GB8	PLAIN OHIO LOC SCH DIST SCH FACS & CONSTR	4.375	12/01/2031	82.510 / 95.750	13.240	0.000 / 0.000	0.000 / 0.000	2	30,000
10/04/2010	514045VM2	LANCASTER CNTY PA HOSP AUTH HLTH CTR-SAINT ANNES HOME	6.625	04/01/2028	82.950 / 96.000	13.050	0.000 / 0.000	0.000 / 0.000	2	90,000
11/23/2010	646139W35	NEW JERSEY ST TPK AUTH TPK REV TAXABLE-SER F-BUILD AMER BDS-	7.414	01/01/2040	100.720 / 113.573	12.853	0.000 / 0.000	0.000 / 0.000	3	108,000
08/11/2010	566823FY1	MARICOPA CNTY ARIZ INDL DEV SR-NATL HEALTH FACS II PROJ-A	5.100	01/01/2033	107.041 / 119.810	12.769	0.000 / 0.000	0.000 / 0.000	2	455,000
08/17/2010	07786BBQ2	BELL CALIF ELECTION 2003	5.000	08/01/2032	64.675 / 77.348	12.673	0.000 / 0.000	0.000 / 0.000	2	125,000
11/15/2010	132814AU8	CAMDEN CNTY NJ POLLTN CTL FING AMT-SER A	7.500	12/01/2010	79.400 / 91.911	12.511	0.000 / 0.000	0.000 / 0.000	3	35,000
09/08/2010	97689P3P1	WISCONSIN HSG & ECONOMIC DEV SER E	4.800	09/01/2027	85.990 / 98.500	12.510	0.000 / 0.000	0.000 / 0.000	2	20,000
12/21/2010	861407BK9	STOCKTON CALIF REV CTFS PARTN WASTEWTR SYS PROJ-SER A	5.200	09/01/2029	79.449 / 91.708	12.259	0.000 / 0.000	0.000 / 0.000	3	320,000
12/06/2010	6817932N4	OMAHA PUB PWR DIST NEB ELEC SUB-SYS-SER AA	4.500	02/01/2034	80.450 / 92.600	12.150	0.000 / 0.000	0.000 / 0.000	2	20,000
12/22/2010	167592YF5	CHICAGO ILL O HARE INTL ARPT REF-GEN-AIRPORT-3RD LIEN-C-2	5.250	01/01/2030	80.147 / 92.250	12.103	0.000 / 0.000	0.000 / 0.000	3	60,000
11/12/2010	9147604X8	UNIVERSITY OKLA REVS UNREFUNDED-GEN-SER A	5.000	07/01/2034	104.000 / 116.000	12.000	0.000 / 0.000	0.000 / 0.000	4	130,000
07/21/2010	575827R69	MASSACHUSETTS ST ARS-CONS LN-SER D	0.000	12/01/2030	83.000 / 95.000	12.000	0.000 / 0.000	0.000 / 0.000	2	250,000
11/17/2010	927063CB1	VILLAGE CTR CMNTY DEV DIST FLA	5.000	10/01/2036	83.099 / 95.000	11.901	0.000 / 0.000	0.000 / 0.000	2	55,000
07/12/2010	917546GG2	UTAH ST BRD REGENTS STUDENT LN ARCS-TAXABLE-SER CC-CL II	0.000	11/01/2045	88.270 / 100.000	11.730	0.000 / 0.000	0.000 / 0.000	2	1MM+
07/13/2010	575895TH0	MASSACHUSETTS ST PORT AUTH REV SPL FACS-USAIR PROJ-SER A	5.875	09/01/2023	87.689 / 99.321	11.632	0.000 / 0.000	0.000 / 0.000	2	55,000
07/28/2010	598105AE4	MIDVALE UTAH EXCISE TAX REV	4.000	04/15/2015	96.500 / 108.113	11.613	0.000 / 0.000	0.000 / 0.000	2	50,000
09/08/2010	64971NAD2	NEW YORK N Y CITY INDL DEV AGY AIRIS JFK I LLC PROJ-A	5.500	07/01/2028	74.128 / 85.700	11.572	0.000 / 0.000	0.000 / 0.000	2	20,000
08/18/2010	13033WLB7	CALIFORNIA INFRASTRUCTURE & BAY AREA TOLL BRDGS-1ST LIEN-A	5.000	07/01/2036	110.000 / 121.446	11.446	0.000 / 0.000	0.000 / 0.000	2	310,000
12/21/2010	162362FP7	CHATTANOOGA-HAMILTON CNTY TENN ERLANGER MED CTR-SER A	5.000	10/01/2028	87.081 / 98.500	11.419	0.000 / 0.000	0.000 / 0.000	2	90,000
08/30/2010	219681AS2	CORONA CALIF DEPT WTR & PWR	4.250	09/01/2024	85.500 / 96.805	11.305	0.000 / 0.000	0.000 / 0.000	2	25,000
12/23/2010	590545MT3	MESA ARIZ UTIL SYS REV	4.125	07/01/2026	81.846 / 92.787	10.941	0.000 / 0.000	0.000 / 0.000	2	60,000
08/26/2010	735328AL0	PORT ST HELENS ORE POLLUTN CTL REF-BOISE CASCADE CORP PROJ	5.650	12/01/2027	81.446 / 92.223	10.777	0.000 / 0.000	0.000 / 0.000	2	1MM+
12/28/2010	040677BN5	ARIZONA TOURISM & SPORTS AUTH MULTIPURPOSE STADIUM FAC-SER A	4.500	07/01/2027	77.696 / 88.399	10.703	0.000 / 0.000	0.000 / 0.000	2	20,000
10/29/2010	453419AZ6	INDEPENDENCE CNTY ARK POWER	5.300	05/01/2033	73.250 / 83.750	10.500	0.000 / 0.000	0.000 / 0.000	2	95,000
09/22/2010	13067JBE0	CALIFORNIA ST ECONOMIC FGIC-SER A	5.250	07/01/2014	102.035 / 112.500	10.465	0.000 / 0.000	0.000 / 0.000	2	25,000
12/17/2010	38122NUB6	GOLDEN ST TOB SECURITIZATION ENHANCED ASSET-A-FGIC-FSA-CR	5.000	06/01/2035	81.500 / 91.951	10.451	0.000 / 0.000	0.000 / 0.000	2	135,000
12/01/2010	413329AS2	HARNETT CNTY N C ENTERPRISE TAXABLE	7.200	05/01/2034	112.625 / 123.000	10.375	0.000 / 0.000	0.000 / 0.000	6	80,000
11/05/2010	13062TEP5	CALIFORNIA ST VAR PURP	5.000	09/01/2033	88.200 / 98.505	10.305	0.000 / 0.000	0.000 / 0.000	2	125,000
12/20/2010	901073DB9	TUSTIN CALIF UNI SCH DIST SPL SR LIEN-CMNTY FACS DIST 97-1-A	5.000	09/01/2038	80.434 / 90.683	10.249	0.000 / 0.000	0.000 / 0.000	2	30,000
07/15/2010	72478PAP1	PITTSBURGH & ALLEGHENY CNTY PA	5.000	02/01/2029	88.000 / 98.100	10.100	0.000 / 0.000	0.000 / 0.000	4	110,000
12/09/2010	20774HKH6	CONNECTICUT ST HEALTH & EDL BRIDGEPORT HOSP-SER C	5.375	07/01/2025	83.375 / 93.466	10.091	0.000 / 0.000	0.000 / 0.000	2	35,000
10/27/2010	882854PR7	TEXAS WTR DEV BRD REV ST REVOLVING FD-SUB-LIEN-SER A	5.000	07/15/2021	101.759 / 111.850	10.091	0.000 / 0.000	0.000 / 0.000	2	35,000
12/22/2010	010869AQ8	ALAMEDA CORRIDOR TRANSN AUTH SR LIEN-SER A	5.000	10/01/2029	80.006 / 90.090	10.084	0.000 / 0.000	0.000 / 0.000	3	125,000
09/14/2010	468895FF9	JACKSON TWP N J	4.000	12/01/2016	100.000 / 110.000	10.000	0.000 / 0.000	0.000 / 0.000	2	10,000
07/06/2010	79164UAB5	ST LOUIS MO INDL DEV AUTH TAX SOUTHTOWN REDEV PROJ	5.125	05/01/2026	81.530 / 91.500	9.970	0.000 / 0.000	0.000 / 0.000	2	25,000
09/08/2010	59333PSZ2	MIAMI-DADE CNTY FLA AVIATION REF-AMT-MIAMI-E-RMKT 03/17/08	5.125	10/01/2024	92.472 / 102.430	9.958	0.000 / 0.000	0.000 / 0.000	2	20,000
09/28/2010	930876BB2	WAKE CNTY N C LTD OBLIG HAMMOND RD DETENTION CTR	5.000	06/01/2024	101.424 / 111.371	9.947	0.000 / 0.000	0.000 / 0.000	2	60,000
12/03/2010	541589CF2	LOMBARD ILL PUB FACS CORP SECOND TIER-SER B	4.000	01/01/2018	57.959 / 67.898	9.939	0.000 / 0.000	0.000 / 0.000	2	220,000
12/15/2010	733505HH7	PORT ARTHUR TEX INDPT SCH DIST SCH BLDG	5.125	02/15/2031	88.653 / 98.560	9.907	0.000 / 0.000	0.000 / 0.000	2	60,000
11/15/2010	157861GR0	CHAMBERSBURG PA	3.700	09/01/2015	101.920 / 111.775	9.855	0.000 / 0.000	0.000 / 0.000	3	100,000
08/04/2010	74528NAU1	PUERTO RICO INDL TOURIST EDL UNIVERSITY PLAZA PJ-SER A	5.000	07/01/2033	86.000 / 95.638	9.638	0.000 / 0.000	0.000 / 0.000	2	15,000
12/13/2010	57429RBM4	MARYLAND ST TRANSN AUTH GRANT	5.250	03/01/2016	104.835 / 114.187	9.352	0.000 / 0.000	0.000 / 0.000	2	35,000
12/08/2010	59334PBM8	MIAMI-DADE CNTY FLA TRAN SYS	5.000	07/01/2016	100.062 / 109.400	9.338	0.000 / 0.000	0.000 / 0.000	2	55,000
12/20/2010	709221ML6	PENNSYLVANIA ST TPK COMMN OIL REF-SUB-SER B	5.000	12/01/2027	89.677 / 99.000	9.323	0.000 / 0.000	0.000 / 0.000	2	25,000
11/01/2010	646136ZA2	NEW JERSEY ST TRANSN TR FD PREREFUNDED-TRANSN SYS-SER A	6.000	12/15/2038	116.709 / 126.000	9.291	0.000 / 0.000	0.000 / 0.000	15	175,000
11/05/2010	724568LR9	PITTSBURG CALIF REDEV AGY TAX REF-SUB-LOS MEDANOS CMNTY-C	4.250	09/01/2034	68.713 / 77.990	9.277	0.000 / 0.000	0.000 / 0.000	2	25,000
07/22/2010	88283LCL8	TEXAS TRANSN COMMN ST HWY FD FIRST TIER-SER A	4.500	04/01/2016	102.800 / 112.050	9.250	0.000 / 0.000	0.000 / 0.000	2	155,000
11/29/2010	009730LS9	AKRON BATH COPLEY OHIO JT TWP HOSP FACS-SUMMA HLTH SYS-SER A	5.250	11/15/2031	82.090 / 91.310	9.220	0.000 / 0.000	0.000 / 0.000	5	65,000
08/02/2010	927676CS3	VIRGIN ISLANDS PUB FIN AUTH UNREFUNDED BALANCE-SER A	7.300	10/01/2018	110.583 / 119.788	9.205	0.000 / 0.000	0.000 / 0.000	2	15,000
12/23/2010	71781EAX3	PHILADELPHIA PA AUTH FOR INDL PHILADELPHIA ARPT SYS PJ-SER A	5.125	07/01/2028	85.010 / 94.188	9.178	0.000 / 0.000	0.000 / 0.000	3	45,000
08/11/2010	098747BM9	BOONE CNTY IND HOSP ASSN LEASE REF	5.250	07/10/2015	106.079 / 115.146	9.067	0.000 / 0.000	0.000 / 0.000	2	130,000
09/08/2010	414005DT2	HARRIS CNTY TEX REF-SUB LIEN-SER C	5.000	08/15/2021	102.387 / 111.438	9.051	0.000 / 0.000	0.000 / 0.000	2	30,000
12/14/2010	924166CJ8	VERMONT EDL & HEALTH BLDGS HOSP-FLETCHER ALLEN HEALTH-B	5.000	12/01/2034	86.500 / 95.492	8.992	0.000 / 0.000	0.000 / 0.000	2	490,000
12/03/2010	576049U99	MASSACHUSETTS ST WTR RES AUTH GEN-SER A	4.375	08/01/2032	88.136 / 97.038	8.902	0.000 / 0.000	0.000 / 0.000	2	10,000
09/08/2010	812728RJ4	SEATTLE WASH WTR SYS REV REF & IMPT-SER B	5.000	08/01/2023	102.820 / 111.679	8.859	0.000 / 0.000	0.000 / 0.000	2	20,000
11/17/2010	63166MCB3	NASSAU CNTY N Y TOBACCO ASSET BKD-SR-A-3	5.125	06/01/2046	68.402 / 77.200	8.798	0.000 / 0.000	0.000 / 0.000	2	120,000
11/04/2010	734115CP1	PORT EVERGLADES AUTH FLA PORT	7.125	11/01/2016	108.433 / 117.146	8.713	0.000 / 0.000	0.000 / 0.000	2	73,000
12/21/2010	13063A5G5	CALIFORNIA ST TAXABLE-VAR PURP	7.550	04/01/2039	94.150 / 102.834	8.684	0.000 / 0.000	0.000 / 0.000	3	1MM+
08/25/2010	76913CAR0	RIVERSIDE CNTY CALIF PENSION TAXABLE-SER A	4.910	02/15/2025	83.169 / 91.822	8.653	0.000 / 0.000	0.000 / 0.000	2	65,000
09/22/2010	19704PBY8	COLTON CALIF PUB FING AUTH SER B	4.750	08/01/2032	84.290 / 92.941	8.651	0.000 / 0.000	0.000 / 0.000	2	40,000
12/10/2010	058228AZ0	BALDWIN PK MONROVIA SCH FACS TAXABLE-B-QUALIFIED SCH CONSTR	7.000	06/01/2027	96.000 / 104.650	8.650	0.000 / 0.000	0.000 / 0.000	2	40,000
10/20/2010	914849CK8	UNIVERSITY S C ATHLETIC FACS SER A	4.250	05/01/2021	99.121 / 107.761	8.640	0.000 / 0.000	0.000 / 0.000	2	15,000
11/17/2010	246343GN1	DELAWARE RIV JT TOLL BRDG SER A	4.500	07/01/2037	86.884 / 95.500	8.616	0.000 / 0.000	0.000 / 0.000	2	80,000
07/22/2010	60534RMF3	MISSISSIPPI DEV BK SPL OBLIG TAXABLE-BUILD AMER BD-B	6.589	01/01/2035	102.000 / 110.500	8.500	0.000 / 0.000	0.000 / 0.000	3	15,000
09/07/2010	799002BB5	SAN MATEO CALIF JT PWRS FING REF-CAP PROJS-SER A	5.000	07/15/2019	109.457 / 117.925	8.468	0.000 / 0.000	0.000 / 0.000	2	130,000
12/23/2010	45200LL38	ILLINOIS HEALTH FACS AUTH REV REF-NORTHWESTERN MED FAC FNDTN	5.125	11/15/2028	84.293 / 92.760	8.467	0.000 / 0.000	0.000 / 0.000	2	75,000
08/09/2010	431022QK1	HIGHLANDS CNTY FLA HEALTH FACS PREREFUND-ADVENTIST-G-NATL IBC	5.125	11/15/2032	105.390 / 113.850	8.460	0.000 / 0.000	0.000 / 0.000	2	10,000
11/18/2010	785721PN5	SACHEM CENT SCH DIST N Y REF	4.250	10/15/2028	88.444 / 96.854	8.410	0.000 / 0.000	0.000 / 0.000	2	110,000
09/23/2010	696507PF3	PALM BEACH CNTY FLA HEALTH HOSP IMPT-BRCH CORP OBLIG-A	5.000	12/01/2023	87.000 / 95.375	8.375	0.000 / 0.000	0.000 / 0.000	3	320,000
08/23/2010	745291TM6	PUERTO RICO PUB FIN CORP UNREFUNDED-E-CIFG-TCRS-FSA-CR	6.000	08/01/2026	116.225 / 124.590	8.365	0.000 / 0.000	0.000 / 0.000	2	10,000
09/29/2010	432321FS1	HILLSBOROUGH CNTY FLA INDL DEV HLTH FACS-UNIV CMNTY HOSP-A	5.625	08/15/2029	107.910 / 116.250	8.340	0.000 / 0.000	0.000 / 0.000	3	75,000
08/20/2010	896029P33	TRIBOROUGH BRDG & TUNL AUTH GEN PURP-SER B	5.200	01/01/2027	115.000 / 123.299	8.299	0.000 / 0.000	0.000 / 0.000	3	105,000
10/26/2010	246395PH4	DELAWARE ST HSG AUTH REV AMT-SR SINGLE FAMILY MTG-C-1	4.900	07/01/2022	97.250 / 105.500	8.250	0.000 / 0.000	0.000 / 0.000	2	20,000
11/22/2010	718903QF7	PHOENIX ARIZ INDL DEV AUTH GNMA COLL-ESCALA CENTRAL-A	4.900	10/20/2044	90.800 / 99.000	8.200	0.000 / 0.000	0.000 / 0.000	2	35,000
11/23/2010	64983UFK1	NEW YORK ST DORM AUTH REVS MEM SLOAN-KETTERING CTR-SER 1	5.000	07/01/2034	91.810 / 100.000	8.190	0.000 / 0.000	0.000 / 0.000	2	30,000
12/09/2010	1964733B6	COLORADO HEALTH FACS AUTH REV BETHESDA FNDTN PROJ	6.750	08/15/2023	100.550 / 108.700	8.150	0.000 / 0.000	0.000 / 0.000	4	33,000
12/14/2010	10741LBH8	BREVARD CNTY FLA HEALTH FACS HEALTH FIRST INC PROJ	5.125	04/01/2031	81.168 / 89.314	8.146	0.000 / 0.000	0.000 / 0.000	2	255,000
08/24/2010	646139W35	NEW JERSEY ST TPK AUTH TPK REV TAXABLE-SER F-BUILD AMER BDS-	7.414	01/01/2040	118.748 / 126.892	8.144	0.000 / 0.000	0.000 / 0.000	2	705,000
10/28/2010	8371474E4	SOUTH CAROLINA ST PUB SVC AUTH REF-SER A	4.000	01/01/2018	102.000 / 110.071	8.071	0.000 / 0.000	0.000 / 0.000	2	180,000
08/31/2010	745181ZL4	PUERTO RICO COMWLTH HWY & REF-SER BB	5.250	07/01/2022	108.187 / 116.250	8.063	0.000 / 0.000	0.000 / 0.000	2	40,000
12/30/2010	84247PDQ1	SOUTHERN CALIF PUB PWR AUTH WINDY PT/WINDY FLATS PROJ-1	5.000	07/01/2021	98.491 / 106.528	8.037	0.000 / 0.000	0.000 / 0.000	2	40,000
12/13/2010	167560PL9	CHICAGO ILL MET WTR TAXABLE-BUILD AMER BD	5.720	12/01/2038	89.727 / 97.750	8.023	0.000 / 0.000	0.000 / 0.000	2	50,000
12/29/2010	752123JF7	RANCHO CUCAMONGA CALIF REDEV RANCHO REDEV-HSG SET ASIDE-A	5.000	09/01/2034	73.174 / 81.174	8.000	0.000 / 0.000	0.000 / 0.000	2	30,000
12/22/2010	955489AF6	WEST POINT VA INDL DEV AUTH REF-CHESAPEAKE CORP PJ-SER B	6.250	03/01/2019	.001 / 8.000	7.999	0.000 / 0.000	0.000 / 0.000	2	30,000
10/12/2010	45200LC87	ILLINOIS HEALTH FACS AUTH REV REF-ROCKFORD HEALTH SYS	5.000	08/15/2021	86.520 / 94.460	7.940	0.000 / 0.000	0.000 / 0.000	2	15,000
12/22/2010	13033FNA4	CALIFORNIA HEALTH FACS FING HLTH FAC-ADVENTIST HLTH SYS-A	5.000	03/01/2033	75.632 / 83.571	7.939	0.000 / 0.000	0.000 / 0.000	2	10,000
11/29/2010	64579EPH3	NEW JERSEY HEALTH CARE FACS CENTRASTATE MED CTR OBLIG GRP	4.500	07/01/2028	79.523 / 87.442	7.919	0.000 / 0.000	0.000 / 0.000	2	40,000
09/28/2010	005596CQ2	ADAMS CNTY COLO CTFS PARTN	5.000	12/01/2026	98.550 / 106.413	7.863	0.000 / 0.000	0.000 / 0.000	2	20,000
12/21/2010	645020WZ7	NEW HAVEN CONN	4.000	02/01/2023	92.046 / 99.907	7.861	0.000 / 0.000	0.000 / 0.000	2	20,000
12/21/2010	524808BM3	LEHIGH CNTY PA INDL DEV AUTH REF-PPL ELEC UTILS CORP PROJ	4.750	02/15/2027	85.190 / 92.978	7.788	0.000 / 0.000	0.000 / 0.000	2	15,000
09/22/2010	45200FY94	ILLINOIS FIN AUTH REV ALEXIAN BROS HEALTH SYS	5.250	02/15/2030	91.938 / 99.700	7.762	0.000 / 0.000	0.000 / 0.000	2	505,000
08/30/2010	413893BH0	HARRIS CNTY-HOUSTON TEX SPORTS SR LIEN-SER A	5.000	11/15/2025	90.257 / 98.000	7.743	0.000 / 0.000	0.000 / 0.000	2	45,000
12/14/2010	544435XG0	LOS ANGELES CALIF DEPT ARPTS REF-AMT-ONTARIO INTL-SER A	5.000	05/15/2021	91.000 / 98.741	7.741	0.000 / 0.000	0.000 / 0.000	3	165,000
09/23/2010	650017XK7	NEW YORK ST TWY AUTH SVC LOC HWY & BRDG	5.000	04/01/2019	109.000 / 116.722	7.722	0.000 / 0.000	0.000 / 0.000	2	20,000