100 Worst Bid-Offer Spreads for 10/05/2010

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 % / High %	# of Trades	Volume
452150HJ7	ILLINOIS ST ZERO CPN-COLLEGE SAVINGS	0.000	08/01/2015	78.741 / 78.741	9.891	88.572 / 88.632	2.523 / 2.537	3	60,000
118217AU2	BUCKEYE OHIO TOB SETTLEMENT ASSET-BKD-SR-TURBO-SER A-2	5.875	06/01/2047	73.125 / 73.125	9.375	73.037 / 82.500	7.242 / 8.210	23	1MM+
167505KG0	CHICAGO ILL BRD ED TAXABLE-DEDICATED REVS-SER E	6.038	12/01/2029	99.484 / 99.484	9.166	103.276 / 108.650	5.312 / 5.752	6	1MM+
917542QQ8	UTAH ST SER C	5.000	07/01/2018	113.558 / 113.558	9.149	122.707 / 122.707	1.836 / 1.836	2	60,000
976595BL1	WISCONSIN CTR DIST WIS TAX REV CAP APPREC-SR DEDICATED-SER A	0.000	12/15/2021	54.605 / 54.605	8.653	63.258 / 63.258	4.136 / 4.136	2	25,000
64966CY62	NEW YORK N Y SER I	5.000	08/01/2022	103.543 / 103.543	8.284	111.827 / 111.827	1.778 / 1.778	2	25,000
649451AX9	NEW YORK CONVENTION CTR DEV HOTEL UNIT FEE SECD	5.000	11/15/2044	97.250 / 97.250	8.021	102.000 / 105.271	3.851 / 4.555	4	75,000
5742165J2	MARYLAND ST HEALTH & HIGHER REF & PROJ-ROLAND PK PLACE	5.625	07/01/2024	84.150 / 84.150	7.970	87.500 / 92.120	6.500 / 7.060	4	30,000
57582NXH3	MASSACHUSETTS ST REF-SER B	5.250	08/01/2021	114.750 / 114.750	7.500	122.250 / 122.250	2.845 / 2.845	2	85,000
64971C4W1	NEW YORK N Y CITY INDL DEV AGY ETHICAL CULTURE SCH-SUBSER B-1	5.000	06/01/2035	90.650 / 90.650	7.350	98.000 / 98.000	5.144 / 5.144	3	100,000
343261FK4	FLORIN CALIF RESOURCE CONSV CAP IMPT-ELK GROVE WTR SVC-B	5.000	03/01/2033	92.750 / 92.750	7.249	99.999 / 99.999	5.000 / 5.000	2	30,000
64971PFG5	NEW YORK N Y CITY INDL DEV AGY YANKEE STADIUM PJ-PILOT	4.500	03/01/2039	90.500 / 90.500	6.979	94.379 / 97.479	4.661 / 4.867	8	250,000
28268KCC5	EL CAJON CALIF REDEV AGY TAX REF	4.500	10/01/2036	81.550 / 81.550	6.957	88.507 / 88.507	5.321 / 5.321	2	50,000
421348AD5	HAYWOOD CNTY N C INDL FACS & REF-INTL PAPER CO PJS-SER B	4.450	03/01/2024	87.574 / 87.574	6.636	94.210 / 94.210	5.049 / 5.049	2	45,000
542690D90	LONG ISLAND PWR AUTH N Y ELEC GEN-SER F	4.250	05/01/2028	96.750 / 96.750	6.582	103.332 / 103.332	3.632 / 3.632	2	50,000
66285WFH4	NORTH TEX TWY AUTH REV FIRST TIER-SER A	6.100	01/01/2028	109.741 / 109.741	6.556	116.297 / 116.297	3.777 / 3.777	2	55,000
73358TEF4	PORT AUTH N Y & N J CONS-ONE HUNDRED THIRTY FIFTH	4.500	09/15/2035	99.000 / 99.000	6.500	102.400 / 105.500	3.078 / 4.004	3	20,000
745190UP1	PUERTO RICO COMWLTH HWY & REF-SER L	5.250	07/01/2035	101.816 / 101.816	6.459	105.110 / 108.275	4.681 / 4.891	6	55,000
73358T4N8	PORT AUTH N Y & N J CONS-ONE HUNDRED FIFTY-THIRD	5.000	07/15/2038	104.994 / 104.994	6.285	111.279 / 111.279	3.339 / 3.339	2	145,000
717817JL5	PHILADELPHIA PA ARPT REV SER A	4.750	06/15/2035	96.500 / 96.500	6.250	100.000 / 102.750	4.098 / 4.748	3	25,000
542690E24	LONG ISLAND PWR AUTH N Y ELEC GEN-SER F	4.250	05/01/2033	97.112 / 97.112	6.189	103.300 / 103.301	3.638 / 3.638	4	60,000
43232VRU7	HILLSBOROUGH CNTY FLA SCH BRD REF-SER A	4.250	07/01/2025	97.120 / 97.120	6.096	103.216 / 103.216	3.850 / 3.850	3	105,000
51378PFT3	LANCASTER CALIF FING AUTH TAX SCH DIST PROJS	5.000	02/01/2037	88.200 / 88.200	6.050	94.250 / 94.250	5.412 / 5.412	5	105,000
665250AU0	NORTHERN ILL MUN PWR AGY PWR PRAIRIE ST PROJ-SER A	5.000	01/01/2042	98.000 / 98.000	6.047	103.900 / 104.047	4.341 / 4.364	5	160,000
64986APY1	NEW YORK ST ENVIRONMENTAL FACS NYC MUN WTR FIN AUTH-SUB-B	4.500	06/15/2036	97.500 / 97.500	6.027	101.445 / 103.527	3.803 / 4.210	5	85,000
898526CZ9	TSASC INC N Y REV SER 1	5.000	06/01/2034	83.778 / 83.778	5.848	86.000 / 89.626	5.812 / 6.128	7	180,000
717893SS1	PHILADELPHIA PA WTR & WASTEWTR REF-SER B	4.250	11/01/2031	96.451 / 96.451	5.799	100.000 / 102.250	3.882 / 4.250	3	60,000
452152BW0	ILLINOIS ST REF-AGM	5.000	01/01/2019	106.618 / 106.618	5.772	108.410 / 112.390	3.270 / 3.800	3	130,000
865483AF8	SULPHUR SPRINGS CALIF UN SCH COMMUNITY FACS DIST 2002-1-A	6.000	09/01/2033	93.000 / 93.000	5.767	98.767 / 98.767	6.100 / 6.100	3	60,000
207714AF3	CONNECTICUT ST SPL OBLIG PKG BRADLEY INTL ARPT-SER A	6.500	07/01/2018	94.250 / 94.250	5.750	100.000 / 100.000	6.492 / 6.492	3	100,000
13062PBP6	CALIFORNIA ST	5.000	02/01/2032	100.011 / 100.011	5.739	105.750 / 105.750	2.857 / 2.857	2	35,000
49126KEH0	KENTUCKY ECONOMIC DEV FIN AUTH CATHOLIC HEALTHCARE PARTNERS	5.250	10/01/2030	97.387 / 97.387	5.739	103.126 / 103.126	3.600 / 3.600	2	20,000
73358TRR4	PORT AUTH N Y & N J CONS ONE HUNDRED FORTY-SECOND	4.250	07/15/2026	100.122 / 100.122	5.728	105.850 / 105.850	3.039 / 3.039	2	40,000
13062RQX9	CALIFORNIA ST VAR PURP	4.250	08/01/2027	92.510 / 92.510	5.715	98.225 / 98.225	4.400 / 4.400	2	210,000
180847V28	CLARK CNTY NEV BOND BK	3.500	11/01/2026	94.000 / 94.000	5.700	97.140 / 99.700	3.524 / 3.738	4	130,000
645918HU0	NEW JERSEY ECONOMIC DEV AUTH SCH FACS-SER U	5.000	09/01/2037	101.547 / 101.547	5.670	103.547 / 107.217	3.800 / 4.397	4	235,000
73358TEB3	PORT AUTH N Y & N J CONS-ONE HUNDRED THIRTY FIFTH	4.500	09/15/2031	99.000 / 99.000	5.638	104.638 / 104.638	3.337 / 3.337	2	30,000
59469C7M9	MICHIGAN ST STRATEGIC FD LTD REF-AMT-DETROIT ED CO PJ-SER A	4.875	06/01/2029	94.500 / 94.500	5.500	98.000 / 100.000	4.873 / 5.041	4	65,000
047870LE8	ATLANTA GA WTR & WASTEWTR REV SER B	5.375	11/01/2039	104.500 / 104.500	5.500	109.000 / 110.000	4.046 / 4.172	16	905,000
645916S57	NEW JERSEY ECONOMIC DEV AUTH CIGARETTE TAX	5.750	06/15/2029	97.000 / 97.000	5.488	99.064 / 102.488	5.000 / 5.832	5	95,000
709223UW9	PENNSYLVANIA ST TPK COMMN TPK SUB-SER C	6.250	06/01/2038	112.100 / 112.100	5.472	117.264 / 117.572	3.600 / 3.642	3	80,000
13062TH80	CALIFORNIA ST REF	4.250	08/01/2033	90.566 / 90.566	5.459	92.362 / 96.025	4.531 / 4.804	7	485,000
59259RCP7	METROPOLITAN TRANSN AUTH N Y REF-SER A	5.750	11/15/2032	102.029 / 102.029	5.403	107.432 / 107.432	2.117 / 2.117	2	50,000
4212902E6	HAYWARD CALIF UNI SCH DIST TAXABLE-ELECTION 2008-SER B	7.350	08/01/2043	104.145 / 104.145	5.395	106.831 / 109.540	6.206 / 6.674	20	420,000
882667AD0	TEXAS PRIVATE ACTIVITY BD SR LIEN-LBJ INFRASTRUCTURE	7.000	06/30/2040	107.000 / 107.000	5.333	112.333 / 112.333	5.355 / 5.355	4	50,000
888805AP3	TOBACCO SETTLEMENT AUTH IOWA TAXABLE-ASSET BKD-SER A	6.500	06/01/2023	91.750 / 91.750	5.277	97.027 / 97.027	6.854 / 6.854	3	145,000
796422R96	SAN ANTONIO TEX WTR REV REF-SYS	5.000	05/15/2028	100.239 / 100.239	5.261	105.500 / 105.500	1.512 / 1.512	2	15,000
605343R95	MISSISSIPPI DEV BK SPL OBLIG CAP PROJS & EQUIP PROG-SER A	5.000	07/01/2031	92.243 / 92.243	5.229	97.472 / 97.472	5.200 / 5.200	2	105,000
26116PBD1	DOWNTOWN PHOENIX HOTEL CORP SUB-SER B	5.000	07/01/2036	96.500 / 96.500	5.219	100.000 / 101.719	4.625 / 4.998	13	565,000
849067F81	SPOKANE WASH REF-SER A	5.000	12/01/2030	105.020 / 105.020	5.199	110.219 / 110.219	2.851 / 2.851	3	40,000
13063BBY7	CALIFORNIA ST VAR PURP	5.500	11/01/2039	103.500 / 103.500	5.191	107.000 / 108.691	4.330 / 4.549	3	200,000
45528SMX1	INDIANAPOLIS IND LOC PUB IMPT WATERWORKS PROJ-SER A	5.500	07/01/2020	111.400 / 111.400	5.180	116.580 / 116.580	3.476 / 3.476	2	15,000
944514CD8	WAYNE CNTY MICH ARPT AUTH REV DETROIT MET WAYNE CNTY ARPT	5.000	12/01/2034	93.092 / 93.092	5.158	98.250 / 98.250	5.127 / 5.127	2	20,000
769166AR0	RIVERSIDE MO INDL DEV AUTH RIVERSIDE HORIZONS PROJ-SER B	4.500	05/01/2027	94.364 / 94.364	5.100	99.464 / 99.464	4.546 / 4.546	2	1,000,000
495044SP5	KING CNTY WASH SCH DIST NO 401	5.250	12/01/2025	106.000 / 106.000	5.058	111.058 / 111.058	3.250 / 3.250	2	20,000
576049ZD5	MASSACHUSETTS ST WTR RES AUTH GEN-SER J	5.000	08/01/2042	100.889 / 100.889	5.056	103.389 / 105.945	1.658 / 3.062	3	240,000
04780TAE4	ATLANTA GA ARPT PASSENGER FAC GEN-SUB LIEN-SER C	5.000	01/01/2033	100.750 / 100.750	5.054	102.500 / 105.804	3.331 / 4.264	10	405,000
13066YPH6	CALIFORNIA ST DEPT WTR RES PWR VAR-SUBSER F-3-RMKT-01/15/09	5.000	05/01/2021	112.076 / 112.076	5.054	117.130 / 117.130	2.500 / 2.500	2	75,000
59259YBX6	METROPOLITAN TRANSN AUTH N Y TRANSN-SER A-AGC-ICC	4.500	11/15/2038	99.016 / 99.016	5.045	102.220 / 104.061	3.841 / 4.135	9	225,000
626207YS7	MUNICIPAL ELEC AUTH GA TAXABLE-PLT VOGTLE UNITS 3&4	7.055	04/01/2057	96.423 / 96.423	5.025	98.201 / 101.448	6.950 / 7.189	19	265,000
594751AG4	MICHIGAN TOB SETTLEMENT FIN SR-SER A	6.000	06/01/2048	75.542 / 75.542	5.008	80.550 / 80.550	7.567 / 7.567	2	40,000
594520KQ0	MICHIGAN HIGHER ED STUDENT LN STUDENT LN-SER XVII-P	4.700	03/01/2022	96.750 / 96.750	5.003	101.753 / 101.753	4.298 / 4.298	2	70,000
34281PKR3	FLORIDA ST GOVERNMENTAL UTIL TAXABLE-NORTH FORT MYERS-B	7.084	10/01/2040	103.800 / 103.800	5.002	105.822 / 108.802	5.904 / 6.289	4	135,000
13063AG40	CALIFORNIA ST VAR PURP	5.250	03/01/2030	102.000 / 102.000	5.000	104.000 / 107.000	4.141 / 4.605	6	180,000
377446AY5	GLEN COVE N Y INDL DEV AGY ZERO-REGENCY-SER B-RMK 6/8/92	0.000	10/15/2019	76.745 / 76.745	4.980	81.725 / 81.725	2.250 / 2.250	2	365,000
984071AR1	XENIA OHIO CMNTY CITY SCH DIST TAXABLE-CONSTR & IMPT-SER C	6.500	12/01/2036	100.000 / 100.000	4.976	104.976 / 104.976	5.817 / 5.817	2	80,000
745160QC8	PUERTO RICO COMWLTH AQUEDUCT & SR LIEN-SER A	5.125	07/01/2047	101.535 / 101.535	4.965	104.035 / 106.500	4.128 / 4.500	11	490,000
758325AU8	REEDLEY CALIF PUB FING AUTH	4.400	06/01/2037	86.250 / 86.250	4.962	91.212 / 91.212	5.000 / 5.000	7	310,000
717903A99	PHILADELPHIA PA HOSPS & HIGHER CHILDRENS HOSP PHILA PROJ-A	4.500	07/01/2037	98.025 / 98.025	4.940	99.500 / 102.965	3.992 / 4.532	28	1,100,000
13063A4J0	CALIFORNIA ST VAR PURP	5.500	04/01/2019	115.358 / 115.358	4.927	120.285 / 120.285	2.797 / 2.797	2	90,000
745190QT8	PUERTO RICO COMWLTH HWY & SER J	5.000	07/01/2029	98.000 / 98.000	4.903	102.900 / 102.903	4.150 / 4.151	3	120,000
592646C84	METROPOLITAN WASH D C ARPTS AMT-SER B-AGC-ICC	5.000	10/01/2026	97.573 / 97.573	4.896	102.469 / 102.469	4.583 / 4.583	2	100,000
98826NAZ8	YUBA CITY CALIF WTR REV CTFS	4.500	06/01/2031	93.135 / 93.135	4.865	98.000 / 98.000	4.651 / 4.651	3	70,000
696550WG3	PALM BEACH CNTY FLA SCH BRD REF-AMBAC-FSA-CR	4.500	08/01/2027	98.500 / 98.500	4.860	103.360 / 103.360	3.932 / 3.932	2	50,000
92817LEY5	VIRGINIA ST RES AUTH CLEAN WTR REF-SUB-ST REVOLVING FD	5.500	10/01/2017	117.140 / 117.140	4.860	122.000 / 122.000	2.095 / 2.095	2	25,000
56516MAS9	MAPLE GROVE MINN HEALTH CARE MAPLE GROVE HOSP CORP	5.250	05/01/2037	97.142 / 97.142	4.858	102.000 / 102.000	4.889 / 4.889	2	30,000
102022BH2	BOURBONNAIS ILL INDL PROJ REV OLIVET NAZARENE UNIV PROJ	4.800	11/01/2032	87.462 / 87.462	4.852	92.314 / 92.314	5.400 / 5.400	2	20,000
452152GS4	ILLINOIS ST TAXABLE-SER 5-BUILD AMER	7.350	07/01/2035	105.450 / 105.450	4.850	109.092 / 110.300	6.506 / 6.598	6	270,000
66285WFB7	NORTH TEX TWY AUTH REV TAXABLE-SER B-BUILD AMER BDS-	6.718	01/01/2049	105.798 / 105.798	4.826	109.650 / 110.624	6.005 / 6.065	3	70,000
7335816F4	PORT AUTH N Y & N J CONS-131ST SER	4.750	06/15/2033	96.623 / 96.623	4.815	101.438 / 101.438	4.406 / 4.406	3	35,000
68607DKH7	OREGON ST DEPT TRANSN HWY USER SR LIEN-SER A	4.500	11/15/2032	101.750 / 101.750	4.811	105.500 / 106.561	3.450 / 3.614	4	25,000
74526QKX9	PUERTO RICO ELEC PWR AUTH PWR SER TT	5.000	07/01/2037	100.000 / 100.000	4.798	103.177 / 104.798	4.174 / 4.447	14	535,000
745190UQ9	PUERTO RICO COMWLTH HWY & REF-SER L	5.250	07/01/2038	100.769 / 100.769	4.786	105.555 / 105.555	4.882 / 4.882	2	15,000
556752LX9	MADISON CNTY ALA BRD ED CAP TAX ANTIC WTS	5.125	09/01/2034	104.540 / 104.540	4.779	107.540 / 109.319	3.750 / 4.001	3	30,000
57586C7T6	MASSACHUSETTS ST HEALTH & EDL BOSTON MED CTR-SER B	5.250	07/01/2038	95.975 / 95.975	4.775	100.750 / 100.750	5.130 / 5.130	2	40,000
59333PVZ8	MIAMI-DADE CNTY FLA AVIATION MIAMI INTL ARPT-SER A	5.500	10/01/2041	103.330 / 103.330	4.757	108.087 / 108.087	4.400 / 4.400	2	90,000
491875AL4	KEOKUK IOWA URBAN RENEWAL TAX ANNUAL APPROPRIATION-CAP LN NT	6.000	06/01/2028	100.000 / 100.000	4.750	104.750 / 104.750	5.145 / 5.145	2	600,000
54559PAM8	LOS OSOS CALIF CMNTY SVCS IMPT	5.000	09/02/2033	97.000 / 97.000	4.729	97.250 / 101.729	4.233 / 5.207	8	225,000
574217MW2	MARYLAND ST HEALTH & HIGHER REF-MEDSTAR HEALTH	5.500	08/15/2033	101.000 / 101.000	4.725	104.775 / 105.725	3.884 / 4.145	4	60,000
672325TB3	OAKLAND CALIF UNI SCH DIST REF-FGIC-FSA-CR	5.000	08/01/2021	103.994 / 103.994	4.708	108.702 / 108.702	3.550 / 3.550	2	80,000
13063A7D0	CALIFORNIA ST TAXABLE-VAR PURP-BUILD AMER	7.300	10/01/2039	105.102 / 105.102	4.688	105.127 / 109.790	6.542 / 6.889	3	660,000
64966HL73	NEW YORK N Y UNREFUNDED BALANCE-SER D	5.250	06/01/2022	101.612 / 101.612	4.688	106.300 / 106.300	1.368 / 1.368	2	40,000
8987963X3	TUCSON ARIZ WTR REV REF-SYS	4.000	07/01/2018	104.055 / 104.055	4.661	106.582 / 108.716	2.364 / 2.750	3	45,000
59465EPT4	MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-DETROIT MEDICAL GRP-A	5.250	08/15/2027	94.250 / 94.250	4.641	98.346 / 98.891	5.350 / 5.400	7	95,000
74527EDR6	PUERTO RICO INDL TOURIST EDL REF-SAN LUCAS & CRISTO PJ-A	5.750	06/01/2019	80.875 / 80.875	4.625	85.500 / 85.500	8.114 / 8.114	2	8,000
64971PEB7	NEW YORK N Y CITY INDL DEV AGY QUEENS BASEBALL STADIUM-PILOT	5.000	01/01/2046	88.000 / 88.000	4.624	90.850 / 92.624	5.474 / 5.597	3	225,000
341535WX6	FLORIDA ST BRD ED PUB ED CAP OUTLAY-2002-SER E	5.000	06/01/2027	104.510 / 104.510	4.613	109.123 / 109.123	3.079 / 3.079	2	105,000
34681WDK7	FORT BEND CNTY TEX MUN UTIL	5.250	09/01/2035	96.459 / 96.459	4.609	101.068 / 101.068	5.000 / 5.000	2	100,000
13063A2E3	CALIFORNIA ST	4.500	08/01/2018	106.240 / 106.240	4.603	110.843 / 110.843	2.936 / 2.936	2	35,000
011908DE7	ALASKA INDL DEV & EXPT AUTH UNREFUNDED BAL-SNETTISHAM-1ST	5.000	01/01/2027	91.000 / 91.000	4.591	95.591 / 95.591	5.410 / 5.410	2	15,000

100 Worst Offer-Side Spreads for 10/05/2010

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 % / High %	# of Trades	Volume
118217AU2	BUCKEYE OHIO TOB SETTLEMENT ASSET-BKD-SR-TURBO-SER A-2	5.875	06/01/2047	73.125 / 73.125	73.037 / 82.500	9.463	7.242 / 8.210	23	1MM+
72202RAX3	PINAL CNTY ARIZ ELECTRICAL	4.500	12/01/2033	97.066 / 97.066	92.810 / 99.691	6.881	4.521 / 5.029	4	90,000
786005ND6	SACRAMENTO CALIF MUN UTIL DIST REF-SER U	5.000	08/15/2018	0.000 / 0.000	115.276 / 121.698	6.422	2.000 / 2.817	2	40,000
744387AD3	PUBLIC AUTH FOR COLO ENERGY	6.500	11/15/2038	119.085 / 119.085	114.216 / 119.927	5.711	5.150 / 5.500	6	1MM+
31200CAN6	FAU FIN CORP FLA CAP IMPT REV TAXABLE-INNOVATION VLG PJ-B	7.589	07/01/2037	109.336 / 109.336	106.260 / 111.875	5.615	5.961 / 6.700	4	60,000
167505KG0	CHICAGO ILL BRD ED TAXABLE-DEDICATED REVS-SER E	6.038	12/01/2029	99.484 / 99.484	103.276 / 108.650	5.374	5.312 / 5.752	6	1MM+
59259NZH9	METROPOLITAN TRANSN AUTH N Y TAXABLE-SER C-BUILD AMER BDS-	7.336	11/15/2039	0.000 / 0.000	119.350 / 124.491	5.141	5.617 / 5.931	3	35,000
13063A7D0	CALIFORNIA ST TAXABLE-VAR PURP-BUILD AMER	7.300	10/01/2039	105.102 / 105.102	105.127 / 109.790	4.663	6.542 / 6.889	3	660,000
5742165J2	MARYLAND ST HEALTH & HIGHER REF & PROJ-ROLAND PK PLACE	5.625	07/01/2024	84.150 / 84.150	87.500 / 92.120	4.620	6.500 / 7.060	4	30,000
250375DV1	DESERT CALIF CMNTY COLLEGE ELECTION 2004-SER C	5.000	08/01/2037	100.710 / 100.710	99.160 / 103.710	4.550	4.363 / 5.057	4	70,000
54559PAM8	LOS OSOS CALIF CMNTY SVCS IMPT	5.000	09/02/2033	97.000 / 97.000	97.250 / 101.729	4.479	4.233 / 5.207	8	225,000
709223ZZ7	PENNSYLVANIA ST TPK COMMN TPK TAXABLE-SER B-BUILD AMER	5.561	12/01/2049	99.754 / 99.754	99.504 / 103.962	4.458	5.319 / 5.592	6	1MM+
64971PFH3	NEW YORK N Y CITY INDL DEV AGY YANKEE STADIUM PJ-PILOT	5.000	03/01/2046	99.250 / 99.250	98.675 / 103.125	4.450	4.392 / 5.081	16	1MM+
64971PDY8	NEW YORK N Y CITY INDL DEV AGY QUEENS BASEBALL STADIUM-PILOT	5.000	01/01/2036	95.375 / 95.375	93.788 / 98.016	4.228	5.141 / 5.456	5	205,000
649902VZ3	NEW YORK ST DORM AUTH ST PERS SER A	5.250	02/15/2021	0.000 / 0.000	116.430 / 120.598	4.168	2.502 / 3.010	2	410,000
745220EZ2	PUERTO RICO COMWLTH SER B	5.000	07/01/2041	101.500 / 101.500	99.875 / 104.000	4.125	4.061 / 5.008	11	1MM+
13063A5E0	CALIFORNIA ST TAXABLE-VAR PURP	7.500	04/01/2034	108.851 / 108.851	109.070 / 113.094	4.024	6.413 / 6.726	10	665,000
561826AX6	MANASSAS VA INDL DEV AUTH HOSP PRINCE WILLIAM HOSP	5.250	04/01/2033	99.000 / 99.000	99.000 / 103.000	4.000	3.968 / 5.327	4	140,000
452152BW0	ILLINOIS ST REF-AGM	5.000	01/01/2019	106.618 / 106.618	108.410 / 112.390	3.980	3.270 / 3.800	3	130,000
882722VN8	TEXAS ST TAXABLE-TRANSN COMMN-HWY IMPT	4.681	04/01/2040	0.000 / 0.000	99.863 / 103.771	3.908	4.450 / 4.690	2	1MM+
646108HL7	NEW JERSEY ST HSG & MTG FIN TAXABLE-INSD-SER C	6.654	11/01/2044	102.000 / 102.000	101.125 / 105.000	3.875	5.960 / 6.493	8	1MM+
5760498C7	MASSACHUSETTS ST WTR RES AUTH REF-GEN-SER B-BHAC-CR	4.000	08/01/2040	98.500 / 98.500	97.850 / 101.651	3.801	3.681 / 4.126	8	400,000
88880NAU3	TOBACCO SETTLEMENT FING CORP SR SER B-1	5.000	06/01/2047	68.449 / 68.449	68.180 / 71.946	3.766	7.177 / 7.580	9	1MM+
373271AA3	GEORGIA LOC GOVT CTFS PARTN GRANTOR TR-SER A	4.750	06/01/2028	95.040 / 95.040	95.055 / 98.817	3.762	4.850 / 5.180	16	160,000
64970KYW1	NEW YORK N Y CITY MUN WTR FIN SER E	5.000	06/15/2038	0.000 / 0.000	104.957 / 108.711	3.754	1.669 / 3.062	11	510,000
93974CUR9	WASHINGTON ST REF-MOTOR VEHICLE FUEL-	3.500	07/01/2027	0.000 / 0.000	98.230 / 101.946	3.716	3.265 / 3.642	11	670,000
645918HU0	NEW JERSEY ECONOMIC DEV AUTH SCH FACS-SER U	5.000	09/01/2037	101.547 / 101.547	103.547 / 107.217	3.670	3.800 / 4.397	4	235,000
13062TH80	CALIFORNIA ST REF	4.250	08/01/2033	90.566 / 90.566	92.362 / 96.025	3.663	4.531 / 4.804	7	485,000
898526DA3	TSASC INC N Y REV SER 1	5.125	06/01/2042	0.000 / 0.000	81.000 / 84.658	3.658	6.242 / 6.556	2	30,000
52349MGL0	LEE CNTY FLA INDL DEV AUTH BONITA SPRINGS UTILS	3.500	11/01/2026	96.549 / 96.549	95.034 / 98.683	3.649	3.609 / 3.919	4	170,000
898526CZ9	TSASC INC N Y REV SER 1	5.000	06/01/2034	83.778 / 83.778	86.000 / 89.626	3.626	5.812 / 6.128	7	180,000
87638QBB4	TARRANT CNTY TEX CULTURAL ED SCOTT & WHITE MEM HOSP-SER A	5.000	08/15/2023	101.885 / 101.885	102.885 / 106.443	3.558	4.033 / 4.558	3	45,000
020213HS6	ALMA MICH PUB SCHS TAXABLE-QUALIFIED SCH CONSTR	5.250	05/01/2027	0.000 / 0.000	100.000 / 103.521	3.521	4.786 / 5.249	24	285,000
478271DV8	JOHNSON CITY TENN HEALTH & EDL REF-1ST MTG-MTN STATES HLTH-A	6.250	07/01/2015	0.000 / 0.000	114.230 / 117.750	3.520	2.270 / 3.000	2	105,000
13063BFV9	CALIFORNIA ST TAXABLE-VAR PURP	7.950	03/01/2036	0.000 / 0.000	106.950 / 110.438	3.488	6.450 / 6.930	24	1,340,000
13063BFS6	CALIFORNIA ST TAXABLE-VAR PURP	6.650	03/01/2022	110.297 / 110.297	110.502 / 113.990	3.488	5.022 / 5.403	5	1MM+
04780TAJ3	ATLANTA GA ARPT PASSENGER FAC SUB LIEN-GEN-SER J	5.000	01/01/2034	0.000 / 0.000	102.619 / 106.105	3.486	3.436 / 4.314	5	175,000
25476WBE0	DISTRICT COLUMBIA BALLPARK REV SER B-1	5.000	02/01/2035	99.000 / 99.000	99.031 / 102.500	3.469	4.459 / 5.069	12	1,115,000
717903A99	PHILADELPHIA PA HOSPS & HIGHER CHILDRENS HOSP PHILA PROJ-A	4.500	07/01/2037	98.025 / 98.025	99.500 / 102.965	3.465	3.992 / 4.532	28	1,100,000
546398UZ9	LOUISIANA PUB FACS AUTH REV OCHSNER CLINIC FNDTN PJ-SER A	5.250	05/15/2038	100.890 / 100.890	99.805 / 103.266	3.461	4.669 / 5.263	20	730,000
796253SR4	SAN ANTONIO TEX ELEC & GAS REV REF-SYS	5.375	02/01/2015	114.618 / 114.618	113.004 / 116.453	3.449	1.428 / 2.198	4	455,000
645916S57	NEW JERSEY ECONOMIC DEV AUTH CIGARETTE TAX	5.750	06/15/2029	97.000 / 97.000	99.064 / 102.488	3.424	5.000 / 5.832	5	95,000
341602YM6	FLORIDA ST DEPT MGMT SVCS DIV REF-FLA FACS POOL-SER A	5.000	09/01/2022	106.650 / 106.650	107.080 / 110.486	3.406	2.880 / 3.598	4	80,000
57582NUV5	MASSACHUSETTS ST REF-SER A	5.250	08/01/2021	0.000 / 0.000	119.114 / 122.500	3.386	2.821 / 3.150	2	140,000
64971MDY5	NEW YORK N Y CITY TRANSITIONAL SUB-FUTURE TAX SECD-SUBSER A-1	5.000	08/01/2019	116.859 / 116.859	113.625 / 116.984	3.359	1.900 / 2.469	6	165,000
64983XAN4	NEW YORK ST DORM AUTH REVS CATHOLIC HLTH SVCS-SER A	6.000	07/01/2030	0.000 / 0.000	100.499 / 103.850	3.351	-30.075 / 5.281	3	35,000
483233LY6	KALAMAZOO MICH HOSP FIN AUTH REF-BRONSON METHODIST HOSP	5.000	05/15/2036	0.000 / 0.000	97.750 / 101.100	3.350	4.854 / 5.159	33	380,000
724799BE0	PITTSBURGH & ALLEGHENY CNTY PA REF-REGL ASSET DIST	4.000	02/01/2025	0.000 / 0.000	99.656 / 103.003	3.347	3.633 / 4.031	7	150,000
04780TAE4	ATLANTA GA ARPT PASSENGER FAC GEN-SUB LIEN-SER C	5.000	01/01/2033	100.750 / 100.750	102.500 / 105.804	3.304	3.331 / 4.264	10	405,000
649451AX9	NEW YORK CONVENTION CTR DEV HOTEL UNIT FEE SECD	5.000	11/15/2044	97.250 / 97.250	102.000 / 105.271	3.271	3.851 / 4.555	4	75,000
626207YS7	MUNICIPAL ELEC AUTH GA TAXABLE-PLT VOGTLE UNITS 3&4	7.055	04/01/2057	96.423 / 96.423	98.201 / 101.448	3.247	6.950 / 7.189	19	265,000
38122NPA4	GOLDEN ST TOB SECURITIZATION ASSET-BKD-SR-SER A-1	5.750	06/01/2047	75.000 / 75.000	74.504 / 77.750	3.246	7.547 / 7.885	20	990,000
888808DB5	TOBACCO SETTLEMENT FING CORP N SR-SER 1A	4.500	06/01/2023	93.025 / 93.025	93.125 / 96.347	3.222	4.890 / 5.250	7	820,000
537428K52	LITTLE ROCK ARK SCH DIST REF	3.750	02/01/2031	0.000 / 0.000	96.548 / 99.750	3.202	3.767 / 4.000	8	215,000
574300GB9	MARYLAND ST TRANSN AUTH TRANSN	4.500	07/01/2041	0.000 / 0.000	102.000 / 105.179	3.179	3.625 / 4.155	3	40,000
71883MGJ7	PHOENIX ARIZ CIVIC IMPT CORP JR LIEN-SER A	4.125	07/01/2025	0.000 / 0.000	100.000 / 103.175	3.175	3.732 / 4.125	3	190,000
041042ND0	ARKANSAS ST WTR WASTE DISP POLLUTN FACS	4.600	07/01/2042	101.452 / 101.452	101.452 / 104.620	3.168	3.901 / 4.376	4	60,000
745190UP1	PUERTO RICO COMWLTH HWY & REF-SER L	5.250	07/01/2035	101.816 / 101.816	105.110 / 108.275	3.165	4.681 / 4.891	6	55,000
546589PH9	LOUISVILLE & JEFFERSON CNTY KY SER A	4.250	05/15/2038	100.444 / 100.444	100.000 / 103.160	3.160	3.768 / 4.249	5	395,000
34281PLC5	FLORIDA ST GOVERNMENTAL UTIL TAXABLE-REF-ALOHA UTIL-B-	5.720	10/01/2025	0.000 / 0.000	99.500 / 102.650	3.150	5.373 / 5.770	99	6,350,000
59259YBY4	METROPOLITAN TRANSN AUTH N Y TAXABLE-TRANSN-A-BUILD AMER	6.668	11/15/2039	0.000 / 0.000	108.836 / 111.979	3.143	5.809 / 6.020	4	170,000
723161FJ9	PINELLAS CNTY FLA EDL FACS ECKERD COLLEGE PROJ	5.250	10/01/2029	94.000 / 94.000	92.892 / 96.000	3.108	5.595 / 5.876	4	190,000
73358TEF4	PORT AUTH N Y & N J CONS-ONE HUNDRED THIRTY FIFTH	4.500	09/15/2035	99.000 / 99.000	102.400 / 105.500	3.100	3.078 / 4.004	3	20,000
64971PFG5	NEW YORK N Y CITY INDL DEV AGY YANKEE STADIUM PJ-PILOT	4.500	03/01/2039	90.500 / 90.500	94.379 / 97.479	3.100	4.661 / 4.867	8	250,000
914468CK7	UNIVERSITY MINN SPL PURP REV ST SUPPORTED-BIOMED SCIENCE	4.000	08/01/2027	0.000 / 0.000	102.467 / 105.566	3.099	3.330 / 3.697	4	50,000
544646BE1	LOS ANGELES CALIF UNI SCH DIST REF-SER B	5.000	07/01/2020	0.000 / 0.000	107.918 / 111.009	3.091	2.900 / 3.464	2	110,000
13062TYU2	CALIFORNIA ST VAR PURP	5.000	12/01/2026	0.000 / 0.000	104.234 / 107.272	3.038	3.667 / 4.210	14	900,000
16876QBG3	CHILDRENS TR FD P R TOB ASSET-BKD BDS	5.625	05/15/2043	0.000 / 0.000	93.003 / 96.032	3.029	5.900 / 6.123	2	70,000
562462LU3	MANCHESTER TWP N J	4.250	08/01/2041	0.000 / 0.000	100.625 / 103.625	3.000	3.836 / 4.177	13	490,000
810472GA2	SCOTTSDALE ARIZ INDL DEV AUTH SCOTTSDALE HLTHCARE-C-RMKT	5.000	09/01/2035	0.000 / 0.000	103.145 / 106.145	3.000	4.233 / 4.600	5	280,000
13063AG40	CALIFORNIA ST VAR PURP	5.250	03/01/2030	102.000 / 102.000	104.000 / 107.000	3.000	4.141 / 4.605	6	180,000
13063ACR3	CALIFORNIA ST VAR PURP	5.000	06/01/2037	100.953 / 100.953	101.007 / 103.998	2.991	4.301 / 4.820	15	1MM+
34281PKR3	FLORIDA ST GOVERNMENTAL UTIL TAXABLE-NORTH FORT MYERS-B	7.084	10/01/2040	103.800 / 103.800	105.822 / 108.802	2.980	5.904 / 6.289	4	135,000
464080HE3	IRVINGTON TWP N J REF-SER B	5.000	07/15/2033	0.000 / 0.000	101.765 / 104.730	2.965	3.200 / 4.314	6	130,000
118217AP3	BUCKEYE OHIO TOB SETTLEMENT ASSET-BKD-SR-TURBO-SER A-2	5.125	06/01/2024	86.134 / 86.134	86.047 / 89.000	2.953	6.340 / 6.700	12	1MM+
57582PQW3	MASSACHUSETTS ST CONS LN-SER A	5.000	03/01/2034	0.000 / 0.000	109.080 / 112.000	2.920	3.348 / 3.730	7	1,405,000
13063A5G5	CALIFORNIA ST TAXABLE-VAR PURP	7.550	04/01/2039	107.974 / 107.974	109.452 / 112.371	2.919	6.583 / 6.795	6	1MM+
574217CL7	MARYLAND ST HEALTH & HIGHER REF-JOHNS HOPKINS UNIV-SER B	5.000	07/01/2041	101.400 / 101.400	100.000 / 102.900	2.900	1.004 / 4.989	6	50,000
38122NHG0	GOLDEN ST TOB SECURITIZATION ENHANCED-ASSET BKD-A-AGC-ICC	5.000	06/01/2045	0.000 / 0.000	98.820 / 101.700	2.880	4.588 / 5.072	20	460,000
74526QVD1	PUERTO RICO ELEC PWR AUTH PWR SER WW	5.250	07/01/2033	0.000 / 0.000	103.196 / 106.075	2.879	4.316 / 4.750	2	30,000
717893ST9	PHILADELPHIA PA WTR & WASTEWTR REF-SER B	4.750	11/01/2031	0.000 / 0.000	103.020 / 105.898	2.878	3.790 / 4.250	4	150,000
148537MQ3	CASTLEBERRY TEX INDPT SCH DIST SCH BLDG	4.000	02/15/2036	0.000 / 0.000	97.506 / 100.375	2.869	3.940 / 4.160	14	1MM+
5446634X2	LOS ANGELES CNTY CALIF CTFS CAP APPREC-DISNEY PKG PROJ	0.000	09/01/2018	0.000 / 0.000	67.705 / 70.557	2.852	4.504 / 5.000	2	55,000
60528AAA2	MISSISSIPPI BUSINESS FIN CORP NORTHROP GRUMMAN SHIP SYS INC	4.550	12/01/2028	97.775 / 97.775	98.176 / 101.002	2.826	4.360 / 4.896	8	230,000
861395GE5	STOCKTON CALIF PUB FING AUTH TAXABLE-HSG PROJS-SER C	6.870	09/01/2037	0.000 / 0.000	85.180 / 88.000	2.820	7.957 / 8.248	2	375,000
646136QD6	NEW JERSEY ST TRANSN TR FD TRANSN SYS-SER A	4.750	12/15/2037	101.862 / 101.862	102.450 / 105.250	2.800	3.904 / 4.348	5	100,000
928109RS8	VIRGINIA ST	4.125	06/01/2025	0.000 / 0.000	106.491 / 109.291	2.800	2.768 / 3.162	2	30,000
948403BA7	WEBSTER TEX WTR & SWR SYS REV	4.500	09/15/2031	0.000 / 0.000	101.196 / 103.979	2.783	3.411 / 4.167	3	110,000
254764HB2	DISTRICT COLUMBIA HOSP REV CHILDRENS HOSP OBLIG GRP	5.250	07/15/2045	105.250 / 105.250	102.569 / 105.350	2.781	4.428 / 4.848	13	480,000
343246EB6	FLA WTR POLLUTION CTL FING WTR POLLUTN CTL-SER A	3.500	07/15/2024	100.790 / 100.790	100.097 / 102.863	2.766	3.182 / 3.489	5	185,000
62947YAF8	NEW YORK CNTYS TOB TR IV TAXABLE-SETTLEMENT PASS THRU-B	6.000	06/01/2027	0.000 / 0.000	90.247 / 93.000	2.753	6.703 / 7.000	5	270,000
717817JL5	PHILADELPHIA PA ARPT REV SER A	4.750	06/15/2035	96.500 / 96.500	100.000 / 102.750	2.750	4.098 / 4.748	3	25,000
927781BQ6	VIRGINIA COLLEGE BLDG AUTH VA REGENT UNIV PJ	5.000	06/01/2026	0.000 / 0.000	99.725 / 102.474	2.749	4.498 / 5.025	2	20,000
495289WK2	KING CNTY WASH SWR REV REF	4.250	01/01/2036	98.756 / 98.756	99.756 / 102.475	2.719	3.941 / 4.266	12	170,000
4212902E6	HAYWARD CALIF UNI SCH DIST TAXABLE-ELECTION 2008-SER B	7.350	08/01/2043	104.145 / 104.145	106.831 / 109.540	2.709	6.206 / 6.674	20	420,000
92817SHC5	VIRGINIA ST PUB SCH AUTH SCH FING-1997 RESOLUTION-SER A	4.500	08/01/2028	0.000 / 0.000	106.288 / 108.992	2.704	3.190 / 3.570	2	45,000
13063A4V3	CALIFORNIA ST VAR PURP	5.750	04/01/2031	105.398 / 105.398	107.285 / 109.989	2.704	4.330 / 4.698	4	275,000
29514PAT9	ERIE CNTY OHIO HOSP FACS REV FIRELANDS REGL MED CTR PROJ-A	5.000	08/15/2036	93.792 / 93.792	91.750 / 94.453	2.703	5.400 / 5.608	3	1MM+
914367CL9	UNIVERSITY KANS HOSP AUTH REF & IMPT-KU HEALTH SYS	5.000	09/01/2036	0.000 / 0.000	102.500 / 105.203	2.703	4.000 / 4.512	4	60,000
84247PEP2	SOUTHERN CALIF PUB PWR AUTH TAXABLE-LINDEN WIND ENERGY-B	5.921	07/01/2035	0.000 / 0.000	102.500 / 105.200	2.700	5.532 / 5.729	3	20,000

100 Worst Bid-Side Spreads for 10/05/2010

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 % / High %	# of Trades	Volume
59333PSZ2	MIAMI-DADE CNTY FLA AVIATION REF-AMT-MIAMI-E-RMKT 03/17/08	5.125	10/01/2024	96.600 / 102.650	6.050	0.000 / 0.000	0.000 / 0.000	2	30,000
422341AU1	HEARTLAND CONSUMERS PWR DIST	6.375	01/01/2016	107.181 / 112.700	5.519	0.000 / 0.000	0.000 / 0.000	2	100,000
717813LS6	PHILADELPHIA PA REF-SER A	5.000	08/01/2023	106.460 / 111.899	5.439	0.000 / 0.000	0.000 / 0.000	3	100,000
672440AU8	OAKLAND CNTY MICH CTFS PARTN TAXABLE-RETIREE MED BENEFITS	6.250	04/01/2026	97.114 / 101.870	4.756	0.000 / 0.000	0.000 / 0.000	2	15,000
402682CC0	GULFPORT MISS HOSP FAC REV MEM HOSP AT GULFPORT PROJ-A	5.750	07/01/2031	96.614 / 101.202	4.588	0.000 / 0.000	0.000 / 0.000	2	110,000
542690D58	LONG ISLAND PWR AUTH N Y ELEC GEN-SER F	5.000	05/01/2019	105.250 / 109.790	4.540	0.000 / 0.000	0.000 / 0.000	2	275,000
914811NL4	UNIVERSITY P R UNIV REVS REF-SYS-SER P	5.000	06/01/2019	101.963 / 106.215	4.252	0.000 / 0.000	0.000 / 0.000	2	115,000
64966GAL6	NEW YORK N Y SER D	5.000	02/01/2018	111.055 / 114.800	3.745	0.000 / 0.000	0.000 / 0.000	3	330,000
64579FXZ1	NEW JERSEY HEALTH CARE FACS VIRTUA HEALTH-SER A	5.500	07/01/2038	103.903 / 107.531	3.628	0.000 / 0.000	0.000 / 0.000	2	70,000
59333MUY9	MIAMI-DADE CNTY FLA SCH BRD SER B	5.250	05/01/2027	105.250 / 108.700	3.450	0.000 / 0.000	0.000 / 0.000	2	60,000
64971PEA9	NEW YORK N Y CITY INDL DEV AGY QUEENS BASEBALL STADIUM-PILOT	4.750	01/01/2042	84.063 / 87.500	3.437	0.000 / 0.000	0.000 / 0.000	2	220,000
64972FTY2	NEW YORK N Y CITY MUN WTR FIN SECOND GEN RESOLUTION-SER DD	4.625	06/15/2031	101.500 / 104.824	3.324	0.000 / 0.000	0.000 / 0.000	2	75,000
14915YGC8	CATHEDRAL CITY CALIF PUB FING TAX ALLOC-REDEV PROJ-SER A	5.000	08/01/2033	93.781 / 96.880	3.099	0.000 / 0.000	0.000 / 0.000	2	55,000
745145ZB1	PUERTO RICO COMWLTH REF-PUB IMPT-SER A	5.500	07/01/2020	106.000 / 109.000	3.000	0.000 / 0.000	0.000 / 0.000	2	115,000
158843VU3	CHANDLER ARIZ	4.250	07/01/2027	100.198 / 103.163	2.965	0.000 / 0.000	0.000 / 0.000	2	110,000
630361V26	NAPA VALLEY CALIF UNI SCH DIST ELECTION 2006	4.000	08/01/2020	104.317 / 106.951	2.634	0.000 / 0.000	0.000 / 0.000	2	125,000
499530KR3	KNOX CNTY TENN INDL DEV BRD ADJ-REF-DEV-STATION 82-4-B	0.000	02/01/2016	86.340 / 88.814	2.474	0.000 / 0.000	0.000 / 0.000	3	110,000
745190ZN1	PUERTO RICO COMWLTH HWY & REF-SER N	5.250	07/01/2031	102.355 / 104.685	2.330	0.000 / 0.000	0.000 / 0.000	3	60,000
64966GZB1	NEW YORK N Y SER E	5.000	08/01/2018	111.363 / 113.650	2.287	0.000 / 0.000	0.000 / 0.000	2	125,000
13062PPU0	CALIFORNIA ST	5.000	02/01/2033	111.035 / 113.305	2.270	0.000 / 0.000	0.000 / 0.000	2	510,000
56036YEE1	MAIN STR NAT GAS INC GA GAS SER A	6.000	07/15/2022	53.000 / 55.000	2.000	0.000 / 0.000	0.000 / 0.000	2	30,000
592597X52	METROPOLITAN TRANSN AUTH N Y REF-SER A	5.000	07/01/2025	101.506 / 103.439	1.933	0.000 / 0.000	0.000 / 0.000	2	65,000
420510FG9	HAWTHORNE CALIF CMNTY REDEV TAX ALLOC-PROJ AREA NO 2	5.250	09/01/2036	96.000 / 97.915	1.915	0.000 / 0.000	0.000 / 0.000	2	50,000
594610T64	MICHIGAN ST GRANT ANTIC BDS	5.250	09/15/2023	105.828 / 107.691	1.863	0.000 / 0.000	0.000 / 0.000	2	35,000
785846CL8	SACRAMENTO CALIF CITY FING CAL EPA BLDG-SER A	4.750	05/01/2023	97.500 / 99.306	1.806	0.000 / 0.000	0.000 / 0.000	2	50,000
888809AB6	TOBACCO SETTLEMENT FING CORP ASSET BKD-SER A	6.125	06/01/2032	96.129 / 97.750	1.621	0.000 / 0.000	0.000 / 0.000	2	110,000
702845HC5	PASSAIC VALLEY N J WTR COMMN BUILD AMER BD-SER B-	7.820	12/15/2039	106.750 / 108.358	1.608	0.000 / 0.000	0.000 / 0.000	2	75,000
13067JLH2	CALIFORNIA ST ECONOMIC PREREFUNDED-SER A	5.000	07/01/2015	112.004 / 113.609	1.605	0.000 / 0.000	0.000 / 0.000	2	30,000
745235K34	PUERTO RICO PUB BLDGS AUTH REV REF-GOVT FACS-M-3 CONV 9/18/08	6.000	07/01/2025	110.437 / 112.000	1.563	0.000 / 0.000	0.000 / 0.000	4	320,000
094149EY3	BLOOMFIELD TWP MICH LIBR	4.125	05/01/2021	98.471 / 100.032	1.561	0.000 / 0.000	0.000 / 0.000	2	20,000
64972FBZ8	NEW YORK N Y CITY MUN WTR FIN SER D	4.750	06/15/2038	99.250 / 100.760	1.510	0.000 / 0.000	0.000 / 0.000	2	90,000
658268BY2	NORTH CAROLINA ST GRANT ANTIC VEHICLE	5.250	03/01/2020	115.497 / 116.971	1.474	0.000 / 0.000	0.000 / 0.000	2	120,000
93974AGP3	WASHINGTON ST SER B	5.000	01/01/2027	103.481 / 104.922	1.441	0.000 / 0.000	0.000 / 0.000	8	180,000
1610345B5	CHARLOTTE N C SER A	4.600	07/01/2025	101.495 / 102.900	1.405	0.000 / 0.000	0.000 / 0.000	2	35,000
658196PP9	NORTH CAROLINA EASTN MUN PWR REF-SER B	6.000	01/01/2022	112.709 / 114.104	1.395	0.000 / 0.000	0.000 / 0.000	2	45,000
795677AG8	SALT LAKE CNTY UTAH HOSP REV IHC HEALTH SVCS	5.125	02/15/2033	103.777 / 105.166	1.389	0.000 / 0.000	0.000 / 0.000	2	65,000
9277804V5	VIRGINIA COLLEGE BLDG AUTH VA PUB HIGHER ED FING PG-A	4.750	09/01/2035	99.683 / 101.065	1.382	0.000 / 0.000	0.000 / 0.000	2	25,000
970191EY4	WILLIAMSPORT PA MUN WTR AUTH	3.850	01/01/2017	100.000 / 101.320	1.320	0.000 / 0.000	0.000 / 0.000	2	45,000
72177LAW9	PIMA CNTY ARIZ INDL DEV AUTH CLARK CNTY DETENTION FAC PROJ	4.750	09/01/2030	96.870 / 98.180	1.310	0.000 / 0.000	0.000 / 0.000	2	35,000
73358TM40	PORT AUTH N Y & N J CONS-ONE HUNDRED FORTY-NINTH	4.500	11/15/2034	99.515 / 100.806	1.291	0.000 / 0.000	0.000 / 0.000	2	55,000
745235G21	PUERTO RICO PUB BLDGS AUTH REV UNREFUNDED BAL-REF-GOVT FACS-C	5.500	07/01/2012	104.420 / 105.684	1.264	0.000 / 0.000	0.000 / 0.000	2	300,000
864768ND4	SUFFOLK CNTY N Y INDL DEV AGY DOWLING COLLEGE-SER A	5.000	06/01/2036	72.250 / 73.500	1.250	0.000 / 0.000	0.000 / 0.000	2	40,000
64966HGX2	NEW YORK N Y SUBSER H-1	5.125	03/01/2024	109.706 / 110.847	1.141	0.000 / 0.000	0.000 / 0.000	2	120,000
162042FX8	CHATHAM CNTY GA SCH DIST REF	5.250	08/01/2016	115.751 / 116.853	1.102	0.000 / 0.000	0.000 / 0.000	2	330,000
251237WV1	DETROIT MICH SEW DISP REV SECOND LIEN-SER B	5.500	07/01/2029	104.600 / 105.656	1.056	0.000 / 0.000	0.000 / 0.000	2	310,000
80483BAX1	SAVANNAH GA ECONOMIC DEV AUTH REF-INTL PAPER CO PROJS-SER A	5.100	08/01/2014	104.450 / 105.500	1.050	0.000 / 0.000	0.000 / 0.000	2	45,000
280785QP4	EDINBURG TEX CONS INDPT SCH SCH BLDG-SER B	5.000	02/15/2038	104.638 / 105.658	1.020	0.000 / 0.000	0.000 / 0.000	2	55,000
797355YZ1	SAN DIEGO CALIF UNI SCH DIST REF-ELECTION 1998-SER F-1	4.500	07/01/2029	99.330 / 100.350	1.020	0.000 / 0.000	0.000 / 0.000	2	75,000
939830HN8	WASHINGTON ST PUB PWR SUPPLY CAP APPREC-REF-SER B	0.000	07/01/2011	98.099 / 99.104	1.005	0.000 / 0.000	0.000 / 0.000	2	120,000
378294DM1	GLENDALE ARIZ MUN PPTY CORP TAXABLE-SER B	6.157	07/01/2033	100.672 / 101.672	1.000	0.000 / 0.000	0.000 / 0.000	2	2,000,000
296335JG8	ESCONDIDO CALIF ELECTION 2004-SER A-BHAC NICO	4.750	09/01/2036	99.183 / 100.183	1.000	0.000 / 0.000	0.000 / 0.000	2	55,000
181012BN4	CLARK CNTY NEV SALES & EXCISE TAXABLE-IMPT-SER C-BUILD	6.000	07/01/2028	101.900 / 102.900	1.000	0.000 / 0.000	0.000 / 0.000	2	1MM+
771902EY5	ROCHESTER MINN HEALTH CARE MAYO CLINIC	5.000	11/15/2036	102.750 / 103.750	1.000	0.000 / 0.000	0.000 / 0.000	2	40,000
463777SY9	IRVING TEX CTFS OBLIG-HOTEL OCCUPANCY	5.000	08/15/2039	104.642 / 105.642	1.000	0.000 / 0.000	0.000 / 0.000	2	30,000
745190ZS0	PUERTO RICO COMWLTH HWY & REF-SER N	5.250	07/01/2036	104.220 / 105.220	1.000	0.000 / 0.000	0.000 / 0.000	2	25,000
454354FV8	INDIAN RIV CENT SCH DIST N Y SER C	3.250	06/01/2011	99.132 / 100.127	0.995	0.000 / 0.000	0.000 / 0.000	2	15,000
13062TYW8	CALIFORNIA ST VAR PURP	3.250	12/01/2028	84.150 / 85.125	0.975	0.000 / 0.000	0.000 / 0.000	2	115,000
7976527Z1	SAN FRANCISCO CALIF CITY & SEC SER-ISSUE 21	4.500	05/01/2026	98.025 / 99.000	0.975	0.000 / 0.000	0.000 / 0.000	2	25,000
13063ACP7	CALIFORNIA ST VAR PURP	5.000	06/01/2032	99.840 / 100.790	0.950	0.000 / 0.000	0.000 / 0.000	2	105,000
130795R66	CALIFORNIA STATEWIDE CMNTYS PROP 1A RECEIVABLES PG	5.000	06/15/2013	108.014 / 108.940	0.926	0.000 / 0.000	0.000 / 0.000	2	215,000
93265PAY5	WALNUT CALIF ENERGY CTR AUTH SER A	5.000	01/01/2029	98.650 / 99.533	0.883	0.000 / 0.000	0.000 / 0.000	2	55,000
584002FA2	MECKLENBURG CNTY N C PUB IMPT-SER A	4.250	02/01/2017	105.543 / 106.400	0.857	0.000 / 0.000	0.000 / 0.000	2	40,000
745190ZT8	PUERTO RICO COMWLTH HWY & REF-SER N	5.250	07/01/2039	100.601 / 101.425	0.824	0.000 / 0.000	0.000 / 0.000	2	125,000
1301743Y9	CALIFORNIA EDL FACS AUTH REV REF-STANFORD UNIV-SER O	5.125	01/01/2031	98.250 / 99.056	0.806	0.000 / 0.000	0.000 / 0.000	2	50,000
709223WY3	PENNSYLVANIA ST TPK COMMN TPK SUB-SER B	5.250	06/01/2039	102.272 / 103.000	0.728	0.000 / 0.000	0.000 / 0.000	3	40,000
13062RRC4	CALIFORNIA ST VAR PURP	4.500	08/01/2034	94.080 / 94.768	0.688	0.000 / 0.000	0.000 / 0.000	2	185,000
13062RFZ6	CALIFORNIA ST REF	5.000	05/01/2025	102.500 / 103.180	0.680	0.000 / 0.000	0.000 / 0.000	2	50,000
60535NBM8	MISSISSIPPI HOME CORP HSG-GNMA-MADONNA MANOR APTS-3	5.250	01/20/2038	88.425 / 89.100	0.675	0.000 / 0.000	0.000 / 0.000	2	30,000
738855RN7	POWAY CALIF UNI SCH DIST SPL CMNTY FACS DIST NO 14-AREA A	5.250	09/01/2036	83.500 / 84.150	0.650	0.000 / 0.000	0.000 / 0.000	3	150,000
604129FL5	MINNESOTA ST	5.000	08/01/2019	114.340 / 114.968	0.628	0.000 / 0.000	0.000 / 0.000	2	25,000
64972HNE8	NEW YORK N Y CITY TRANSITIONAL FISCAL 2009-SER S-4	5.500	01/15/2039	109.375 / 110.002	0.627	0.000 / 0.000	0.000 / 0.000	3	105,000
7335814Z2	PORT AUTH N Y & N J CONS-130TH SER	3.750	04/15/2015	106.628 / 107.230	0.602	0.000 / 0.000	0.000 / 0.000	2	50,000
13063A4Q4	CALIFORNIA ST VAR PURP	5.625	04/01/2025	110.303 / 110.903	0.600	0.000 / 0.000	0.000 / 0.000	2	150,000
454623QQ5	INDIANA BD BK REV ST REVOLVING FD PROG-SER A	5.500	08/01/2011	103.455 / 104.015	0.560	0.000 / 0.000	0.000 / 0.000	3	800,000
392274SV9	GREATER ORLANDO AVIATION AUTH AMT-SER B	5.250	10/01/2032	98.250 / 98.788	0.538	0.000 / 0.000	0.000 / 0.000	2	40,000
6845035M3	ORANGE CNTY FLA HEALTH FACS HOSP-ORLANDO REG HEALTHCARE-B	5.250	12/01/2029	103.490 / 104.000	0.510	0.000 / 0.000	0.000 / 0.000	2	75,000
249174FY4	DENVER COLO CITY & CNTY SCH	4.500	12/01/2028	100.720 / 101.227	0.507	0.000 / 0.000	0.000 / 0.000	2	35,000
59334PAM9	MIAMI-DADE CNTY FLA TRAN SYS	5.000	07/01/2018	107.328 / 107.828	0.500	0.000 / 0.000	0.000 / 0.000	2	120,000
196696KT4	COLORADO ST BRD CMNTY COLLEGES TAXABLE-SYSTEMWIDE-SER B-2	6.100	11/01/2041	99.500 / 100.000	0.500	0.000 / 0.000	0.000 / 0.000	2	15,000
040506GV3	ARIZONA HEALTH FACS AUTH HOSP NORTHERN ARIZ HEALTHCARE SYS	4.750	10/01/2018	98.010 / 98.507	0.497	0.000 / 0.000	0.000 / 0.000	2	50,000
57585J8P9	MASSACHUSETTS ST HEALTH & EDL UMASS MEM ISSUE-SER A	5.000	07/01/2028	97.512 / 98.000	0.488	0.000 / 0.000	0.000 / 0.000	2	35,000
295542HK3	ERIE PA WTR AUTH WTR REV	5.000	12/01/2043	100.875 / 101.360	0.485	0.000 / 0.000	0.000 / 0.000	3	150,000
882722CK5	TEXAS ST WTR FINL ASSISTANCE-SUB-SER A	5.000	08/01/2017	116.325 / 116.761	0.436	0.000 / 0.000	0.000 / 0.000	2	60,000
914258BM9	UNIVERSITY ENTERPRISES INC REF-TAXABLE-AUXILARY ORG-B	5.370	10/01/2025	85.750 / 86.130	0.380	0.000 / 0.000	0.000 / 0.000	2	150,000
546456BE3	LOUISIANA ST CITIZENS PPTY SER B	5.000	06/01/2022	101.000 / 101.379	0.379	0.000 / 0.000	0.000 / 0.000	2	40,000
91523NBZ8	UNIVERSITY WASH UNIV REVS REF-HSG & DINING SYS	5.375	12/01/2031	108.669 / 109.046	0.377	0.000 / 0.000	0.000 / 0.000	2	115,000
2352184Q4	DALLAS TEX REF & IMPT	4.500	02/15/2027	103.547 / 103.923	0.376	0.000 / 0.000	0.000 / 0.000	2	20,000
021501DU2	ALTMAR-PARISH-WILLIAMSTOWN N Y REF	4.000	06/15/2019	105.843 / 106.178	0.335	0.000 / 0.000	0.000 / 0.000	2	90,000
341535B84	FLORIDA ST BRD ED PUB ED CAP OUTLAY-SER D	5.000	06/01/2028	107.196 / 107.496	0.300	0.000 / 0.000	0.000 / 0.000	2	400,000
241559HN6	DE SOTO CNTY MISS SCH DIST LTD TAXNTS	4.300	04/01/2014	105.500 / 105.763	0.263	0.000 / 0.000	0.000 / 0.000	2	65,000
010652BN4	ALABAMA 21ST CENTY AUTH TOB	5.750	12/01/2019	101.050 / 101.308	0.258	0.000 / 0.000	0.000 / 0.000	2	45,000
59455TRZ7	MICHIGAN MUN BD AUTH REV LOC GOVT LN PG-SER B-GROUP A	5.000	12/01/2034	81.561 / 81.809	0.248	0.000 / 0.000	0.000 / 0.000	2	340,000
928825BV9	VOLUSIA CNTY FLA	4.000	10/01/2016	105.250 / 105.491	0.241	0.000 / 0.000	0.000 / 0.000	2	70,000
75728MBN3	REDDING CALIF ELEC SYS REV REG LINKED SAVRS & RIBS	6.368	07/08/2022	119.750 / 119.964	0.214	0.000 / 0.000	0.000 / 0.000	2	110,000
254764HD8	DISTRICT COLUMBIA HOSP REV CHILDRENS HOSP OBLIG-SUBSER 2	5.450	07/15/2035	103.165 / 103.365	0.200	0.000 / 0.000	0.000 / 0.000	2	55,000
733581RY0	PORT AUTH N Y & N J CONS-ONE HUNDRED SIXTEENTH SER	4.375	10/01/2033	97.400 / 97.600	0.200	0.000 / 0.000	0.000 / 0.000	2	20,000
927781DL5	VIRGINIA COLLEGE BLDG AUTH VA PUB HIGHER ED FING PROG-SER A	3.500	09/01/2025	98.500 / 98.672	0.172	0.000 / 0.000	0.000 / 0.000	2	60,000
743810JB0	PROVIDENCE R I PUB BLDG AUTH SCH & PUB FACS PROJS-SER A	5.250	12/15/2015	100.584 / 100.726	0.142	0.000 / 0.000	0.000 / 0.000	2	40,000
98267TAA6	WYANDOTTE CNTY/KANS CITY KANS REF-GENERAL MOTORS CORP PROJ	6.000	06/01/2025	90.000 / 90.130	0.130	0.000 / 0.000	0.000 / 0.000	2	20,000
096588AV0	BOARD MANAGERS JT GUADALUPE GUADALUPE REGL MED CTR PROJ	5.375	08/15/2027	107.114 / 107.239	0.125	0.000 / 0.000	0.000 / 0.000	25	2,140,000