FLC

SECTOR CONCENTRATION

as of 7/31/10

Sector %
Bank 38.00 %
Utilities 26.70 %
Insurance 25.00 %
Energy 4.80 %
Finance 2.50 %
Communications 0.10 %
Miscellaneous 2.90 %



This data is subject to change on a daily basis.

TOP 25 ISSUERS

as of 7/31/10

Name %
Liberty Mutual Group 5.40 %
Banco Santander 5.20 %
Capital One Financial 4.30 %
Comerica 3.70 %
Dominion Resources 3.30 %
Georgia Power 3.10 %
Metlife 3.00 %
HSBC Plc 3.00 %
Unum Group 2.90 %
Wells Fargo 2.50 %
Enbridge Energy Partners 2.40 %
Barclays Bank Plc 2.40 %
Axis Capital 2.40 %
Puget Energy 2.30 %
Enterprise Products Partners 2.20 %
PNC Financial Services 2.20 %
Astoria Financial 2.10 %
Everest Re Group 2.10 %
Entergy Louisiana 2.10 %
MidAmerican Energy Holdings 2.00 %
Goldman Sachs 2.00 %
First Horizon 2.00 %
NextEra Energy 1.80 %
Southern Union 1.80 %
Principal Financial 1.70 %



This data is subject to change on a daily basis.

CREDIT QUALITY

as of 7/31/10

Moody's Rating %
A 7.80 %
Baa 70.40 %
Ba 19.10 %
B 1.30 %
Below B 0.70 %
Not Rated 0.70 %

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.

This data is subject to change on a daily basis.

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE