FLC

Sector Concentration

as of 12/31/11

Sector %
Bank 38.60 %
Utility 25.80 %
Insurance 25.10 %
Energy 5.20 %
Finance 2.20 %
REIT 0.10 %
Misc 3.00 %

This data is subject to change on a daily basis.


Top 25 Issuers

as of 12/31/11

Name %
Liberty Mutual Group 5.20 %
Banco Santander 4.40 %
Capital One Financial 4.00 %
Metlife 4.00 %
HSBC Plc 3.30 %
Georgia Power 3.00 %
Unum Group 2.90 %
Enbridge Energy Partners 2.80 %
Wells Fargo 2.60 %
Axis Capital 2.40 %
Southern California Edison 2.40 %
Nextera Energy 2.40 %
Dominion Resources 2.40 %
Enterprise Products Partners 2.30 %
Fifth Third Bancorp 2.20 %
Goldman Sachs 2.20 %
Entergy Louisiana 2.20 %
Bank of America 2.10 %
Barclays Bank Plc 2.00 %
Puget Energy 2.00 %
First Horizon 2.00 %
Everest Re Group 1.90 %
Astoria Financial 1.90 %
The Travelers Companies 1.70 %
Delphi Financial 1.50 %

This data is subject to change on a daily basis.


Credit Quality

as of 12/31/11

Moody's Rating %
A 7.30 %
BBB/Baa 70.70 %
BB/Ba 18.80 %
B 1.80 %
Not Rated 1.40 %

Bonds with a credit rating of Ba or lower are considered below investment grade. “Not Rated” includes options, common stock and unrated securities by Moody’s. Ratings are subject to change.

This data is subject to change on a daily basis.


Investors should carefully consider the investment objectives and policies, risk considerations, charges and ongoing expenses of any investment product before investing. For more information, please contact a securities representative or Guggenheim Funds Distributors, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.

NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE