FUND HOLDINGS as of 2/7/12	Export
NAME	WEIGHTING
CIT GROUP INC 7.000% 05/02/2017 DD 06/15/11	2.19 %
SPRINT NEXTEL CORP 144A 9.000% 11/15/2018 DD 11/09/11	2.10 %
CCO HLDGS LLC/CAP CORP 6.5 4/30/2021	1.98 %
Harrah's Operating Co., Inc., 10.000%, 12/15/18	1.91 %
FIRST DATA CORP 12.625% 01/15/2021 DD 07/15/11	1.87 %
INTERNATIONAL LEASE FINANCE CO 8.750% 03/15/2017 DD 03/15/11	1.80 %
AVAYA INC 7 4/1/2019	1.68 %
OFFSHORE GROUP INVST LTD 11.5 8/1/2015	1.57 %
DISH DBS CORP 6.750% 06/01/2021 DD 05/05/11	1.54 %
ICAHN ENTERPRISES LP / ICAHN E 8.000% 01/15/2018 DD 07/15/10	1.47 %
COMMSCOPE INC 8.25 1/15/2019	1.47 %
GRIFOLS INC 8.250% 02/01/2018 DD 08/01/11	1.37 %
NIELSEN FINANCE LLC / NIELSEN 7.750% 10/15/2018 DD 04/15/11	1.33 %
ROUSE COMPANY 6.75 11/9/2015	1.31 %
AMERICAN AIRLINES INC 7.500% 03/15/2016 DD 03/15/11	1.29 %
MCCLATCHY CO/THE 11.500% 02/15/2017 DD 08/15/10	1.27 %
TENET HEALTHCARE CORP 8.8750% 7/01/2019	1.23 %
RITE AID CORP 8.000% 08/15/2020 DD 08/16/10	1.23 %
FRONTIER COMMUNICATIONS CORP 8.500% 04/15/2020 DD 04/12/10	1.21 %
ENERGY TRANSFER EQUITY LP 7.500% 10/15/2020 DD 09/20/10	1.19 %
SANDRIDGE ENERGY INC 7.500% 03/15/2021 DD 09/15/11	1.18 %
INTELSAT JACKSON HOLDINGS SA 7.250% 04/01/2019 DD 10/01/11	1.15 %
WARNER CHILCOTT CO LLC 7.750% 09/15/2018 DD 08/20/11	1.14 %
TOYS R US PROPERTY CO I LLC 10.750% 07/15/2017 DD 01/15/10	1.14 %
SEARS HOLDINGS CORP 6.625% 10/15/2018 DD 04/15/11	1.10 %
AES CORPORATION 7.375 7/1/2021	1.06 %
CASE NEW HOLLAND INC 7.875% 12/01/2017	1.05 %
VULCAN MATERIALS CO 7.500% 06/15/2021 DD 06/14/11	1.04 %
FORD MOTOR CREDIT CO LLC 7.000% 04/15/2015 DD 04/09/10	1.03 %
SEAGATE HDD CAYMAN 7.75 12/15/2018	1.03 %
WIND ACQUISITION FINANCE SA 11.750% 07/15/2017 DD 07/13/09	1.02 %
DEL MONTE CORP 7.625 2/15/2019	1.01 %
HCA INC 6.500% 02/15/2020 DD 08/01/11	1.00 %
WYNN LAS VEGAS LLC/CORP 7.75 8/15/2020	1.00 %
INTELSAT BERMUDA 11.25% 2/4/2017	0.94 %
GOODYEAR TIRE + RUBBER CO/THE 8.2500% 8/15/2020	0.93 %
PEABODY ENERGY CORP 6.500% 09/15/2020 DD 08/25/10	0.93 %
CLEARWIRE COMMUNICATIONS 144A 12.000% 12/01/2015 DD 11/24/09	0.92 %
NRG ENERGY INC 7.875% 05/15/2021 DD 05/24/11	0.92 %
CABLEVISION SYSTEMS CORP 8.625% 09/15/2017 DD 03/15/10	0.88 %
HCA HOLDINGS INC 7.750% 05/15/2021 DD 11/15/11	0.86 %
MGM RESORTS INTERNATIONAL 11.125% 11/15/2017 DD 05/19/09	0.86 %
APRIA HEALTHCARE GROUP I 11.25 11/1/2014	0.82 %
EH HOLDING CORP 6.5% 6/15/2019	0.82 %
CHESAPEAKE ENERGY CORP 6.625% 08/15/2020 DD 08/17/10	0.79 %
CIT GROUP INC 7.000% 05/01/2017 DD 12/10/09	0.78 %
CALPINE CORP 7.500% 02/15/2021 DD 10/22/10	0.78 %
UNITED STATES STEEL CORP 7.375% 04/01/2020 DD 03/19/10	0.74 %
WPX ENERGY INC 144A 6.000% 01/15/2022 DD 11/14/11	0.72 %
BE AEROSPACE INC 6.875% 10/01/2020 DD 09/16/10	0.71 %
CONTINENTAL AIRLINES INC 6.750% 09/15/2015 DD 08/18/10	0.71 %
CHIRON MERGER SUB INC 10.500% 11/01/2018 DD 11/04/11	0.70 %
SUPERVALU INC 8.000% 05/01/2016 DD 05/07/09	0.69 %
SIRIUS XM RADIO INC 8.750% 04/01/2015 DD 03/17/10	0.67 %
CDW LLC / CDW FINANCE CORP 8.500% 04/01/2019 DD 10/01/11	0.67 %
LIMITED BRANDS INC 6.625 4/1/2021	0.66 %
CEQUEL COMMUNICATIONS HOLDINGS 8.625% 11/15/2017 DD 11/04/09	0.63 %
BUMBLE BEE ACQUISITON CO 9 12/15/2017	0.63 %
CHC HELICOPTER SA 9.250% 10/15/2020 DD 10/04/10	0.62 %
CHRYSLER GP/CG CO-ISSUER 8.25 6/15/2021	0.62 %
CLEAR CHANNEL WORLDWIDE 9.25% 12/15/2017 Ser B	0.62 %
ALLY FINANCIAL INC 8.000% 11/01/2031 DD 12/31/08	0.60 %
CRICKET COMMUNICATIONS INC 7.750% 10/15/2020 DD 11/19/10	0.60 %
GENON ENERGY INC 9.500% 10/15/2018 DD 04/15/11	0.60 %
WINDSTREAM CORP 7.875% 11/01/2017 DD 10/08/09	0.60 %
SABINE PASS LNG LP 7.500% 11/30/2016 DD 05/30/07	0.59 %
SPRINT NEXTEL CORP 8.375% 08/15/2017 DD 08/13/09	0.59 %
QUICKSILVER RESOURCES INC 11.750% 01/01/2016 DD 06/25/09	0.59 %
CONSOL ENERGY INC 8.000% 04/01/2017 DD 10/01/10	0.58 %
DUBAI ELECTRICITY & WATER AUTH 7.375% 10/21/2020 DD 10/21/10	0.57 %
SEALED AIR CORP 8.375 9/15/2021	0.54 %
VIRGIN MEDIA FINANCE PLC 9.5000% 8/15/2016	0.53 %
IASIS HEALTHCARE/CAP CRP 8.375 5/15/2019	0.53 %
BURGER KING CORP 9.875% 10/15/2018 DD 10/19/10	0.53 %
TRANSDIGM INC 7.750% 12/15/2018 DD 06/15/11	0.52 %
CCH II LLC / CCH II CAPITAL CO 13.500% 11/30/2016 DD 11/30/09	0.52 %
FREESCALE SEMICONDUCTOR INC 9.250% 04/15/2018 DD 04/13/10	0.52 %
FORD MOTOR CREDIT CO LLC 5.875% 08/02/2021 DD 08/01/11	0.51 %
ENERGY FUTURE INTERMEDIATE HOL 10.000% 12/01/2020 DD 08/17/10	0.51 %
LEVEL 3 FINANCING INC 10.000% 02/01/2018 DD 01/20/10	0.51 %
NEWFIELD EXPLORATION CO 5.750% 01/30/2022 DD 09/30/11	0.50 %
HEALTH MANAGEMENT ASSOC 144A 7.375% 01/15/2020 DD 11/18/11	0.49 %
ARAMARK HOLDINGS CORP 8.625% 05/01/2016 DD 04/18/11	0.48 %
REYNOLDS GROUP ISSUER INC / RE 9.000% 04/15/2019 DD 10/15/10	0.47 %
UNIVISION COMMUNICATIONS 8.5 5/15/2021	0.46 %
K HOVNANIAN ENTERPRISES INC 10.625% 10/15/2016 DD 10/20/09	0.45 %
NOVELIS INC/GA 8.750% 12/15/2020 DD 12/17/10	0.42 %
ATLANTIC FINANCE LTD STEP 05/27/2014 DD 05/27/09	0.41 %
FMG RESOURCES AUGUST 2006 PTY 7.000% 11/01/2015 DD 10/29/10	0.41 %
PETROBAKKEN ENERGY LTD 8.625% 02/01/2020 DD 01/30/12	0.40 %
EXPRO FINANCE LUXEMBOURG SCA 8.500% 12/15/2016 DD 12/21/09	0.40 %
CF INDUSTRIES INC 7.125% 5/1/2020	0.39 %
LINN ENERGY LLC/LINN ENERGY FI 8.625% 04/15/2020 DD 04/06/10	0.39 %
SMITHFIELD FOODS INC 10.000% 07/15/2014 DD 07/02/09	0.38 %
AES CORP/THE 8.0000% 6/01/2020	0.36 %
SPX CORP 6.875% 09/01/2017 DD 08/16/10	0.35 %
CROWN AMERICAS LLC / CROWN AME 6.250% 02/01/2021 DD 08/01/11	0.35 %
HUNTSMAN INTERNATIONAL LLC 5.500% 06/30/2016 DD 06/23/09	0.34 %
PLAINS EXPLORATION & PRO 6.75 2/1/2022	0.34 %
ENERGY FUTURE HOLDINGS CORP 10.250% 01/15/2020 DD 01/15/11	0.34 %
TELESAT CANADA / TELESAT LLC 11.000% 11/01/2015 DD 05/01/09	0.34 %
AMERISTAR CASINOS INC 7.500% 04/15/2021 DD 10/15/11	0.33 %
MBIA INSURANCE CORP VAR RT 01/15/2033 DD 01/16/08	0.33 %
HERTZ CORP/THE 6.750% 04/15/2019 DD 04/15/11	0.33 %
EMERGENCY MEDICAL SERVIC 8.125 6/1/2019	0.33 %
KINDER MORGAN FINANCE CO LLC 6.000% 01/15/2018 DD 12/20/10	0.33 %
SPDR BARCLAYS CAPITAL HIGH YIE .	0.32 %
NRG ENERGY INC 7.625% 01/15/2018 DD 07/15/11	0.31 %
TOMLINS LLC/TOMKINS INS VAR RT 10/01/2018 DD 10/01/11	0.31 %
AMC ENTERTAINMENT INC 9.750% 12/01/2020 DD 06/01/11	0.31 %
DISH DBS CORP 7.875% 09/01/2019 DD 08/17/09	0.31 %
GXS WORLDWIDE INC 9.75 6/15/2015	0.31 %
ABENGOA FINANCE SAU 8.875% 11/01/2017 DD 10/28/10	0.31 %
PLY GEM INDS INC 8.250% 02/15/2018 DD 02/11/11	0.31 %
NARA CABLE FUNDING ONOSM 8.875% 12/01/2018 DD 02/02/12	0.30 %
COUNTRY GARDEN HOLDINGS CO 11.125% 02/23/2018 DD 02/23/11	0.30 %
REALOGY CORP 7.875% 02/15/2019 DD 02/03/11	0.30 %
HANESBRANDS INC 6.375% 12/15/2020 DD 11/09/10	0.30 %
RR DONNELLEY & SONS CO 7.250% 05/15/2018 DD 06/01/11	0.30 %
DENBURY RESOURCES INC 8.250% 02/15/2020 DD 02/10/10	0.29 %
SANDRIDGE ENERGY INC 144A 8.000% 06/01/2018 DD 05/20/08	0.26 %
LYONDELL CHEMICAL COMPANY 05/01/2018 11%	0.26 %
CHS/COMMUNITY HEALTH SYS 8.000% 11/15/2019 DD 11/22/11	0.24 %
CINCINNATI BELL INC 8.750% 03/15/2018 DD 03/15/10	0.24 %
DINEEQUITY INC 9.500% 10/30/2018 DD 04/30/11	0.24 %
LEVEL 3 ESCROW INC 8.125% 07/01/2019 DD 06/09/11	0.24 %
VANGUARD HEALTH HOLDING CO II 8.000% 02/01/2018 DD 01/29/10	0.23 %
NRG ENERGY INC 8.250% 09/01/2020 DD 03/01/11	0.22 %
INERGY LP/INERGY FINANCE CORP 6.875% 08/01/2021 DD 08/01/11	0.22 %
AMC NETWORKS INC 7.750% 07/15/2021 DD 06/30/11	0.21 %
FIRST DATA CORP 10.550% 09/24/2015 DD 03/31/09	0.21 %
SALLY HOLDINGS/SALLY CAP 6.875% 11/15/2019 DD 11/08/11	0.20 %
CONCHO RESOURCES INC/MIDLAND T 7.000% 01/15/2021 DD 12/14/10	0.20 %
ELAN FINANCE PLC / ELAN FINANC 8.750% 10/15/2016 DD 10/02/09	0.20 %
PETROHAWK ENERGY CORP 7.25 8/15/2018	0.18 %
OWENS-BROCKWAY GLASS CONTAINER 7.375% 05/15/2016 DD 08/01/09	0.18 %
PLAINS EXPLORATION & PRODUCTIO 6.625% 05/01/2021 DD 03/29/11	0.17 %
BUILDING MATERIALS CORP OF AME 6.750% 05/01/2021 DD 04/29/11	0.17 %
DAVITA INC 6.625% 11/01/2020 DD 10/20/10	0.17 %
RBS GLOBAL INC / REXNORD LLC 8.500% 05/01/2018 DD 04/28/10	0.17 %
WEST CORP 7.875% 01/15/2019 DD 05/15/11	0.17 %
METROPCS WIRELESS INC 7.875% 09/01/2018 DD 09/21/10	0.17 %
HUNTINGTON INGALLS INDUSTRIES 7.125% 03/15/2021 DD 03/11/11	0.17 %
RSC EQUIPMENT RENTAL INC/RSC H 8.250% 02/01/2021 DD 01/19/11	0.16 %
UNITED RENTALS NORTH AMERICA I 8.375% 09/15/2020 DD 10/26/10	0.16 %
CINCINNATI BELL INC 8.375% 10/15/2020 DD 10/13/10	0.16 %
UPCB FINANCE III LTD 6.625% 07/01/2020 DD 02/16/11	0.16 %
VALEANT PHARMACEUTICALS INTERN 6.875% 12/01/2018 DD 11/23/10	0.16 %
ARCH COAL INC 144A 7.250% 06/15/2021 DD 06/14/11	0.16 %
CEVA GROUP PLC 11.500% 04/01/2018 DD 03/24/10	0.16 %
MCJUNKIN RED MAN CORP 9.500% 12/15/2016 DD 06/15/11	0.15 %
MOMENTIVE PERFORMANCE MATERIAL 9.000% 01/15/2021 DD 01/15/11	0.15 %
MYLAN INC/PA 7.875% 07/15/2020 DD 05/19/10	0.14 %
EXCO RESOURCES INC 7.500% 09/15/2018 DD 09/15/10	0.14 %
CROSSTEX ENERGY LP/CROSS 8.875% 2/15/2018	0.14 %
DELTA AIR LINES INC 9.500% 09/15/2014 DD 09/28/09	0.14 %
BERRY PLASTICS CORP 9.750% 01/15/2021 DD 11/19/10	0.13 %
ABI ESCROW CORP 10.25 10/15/2018	0.12 %
NXP BV / NXP FUNDING LLC 9.750% 08/01/2018 DD 07/20/10	0.11 %
EQUINIX INC 8.125% 03/01/2018 DD 03/03/10	0.11 %
INTERACTIVE DATA CORP 10.250% 08/01/2018 DD 02/01/11	0.10 %
MANITOWOC CO INC/THE 8.500% 11/01/2020 DD 10/18/10	0.10 %
CROWN CASTLE INTERNATIONAL CORP 9.0000% 1/15/2015	0.10 %
WMG ACQUISITION CORP 9.5% 6/15/2016	0.10 %
QEP RESOURCES INC 6.875% 03/01/2021 DD 08/16/10	0.10 %
RESIDENTIAL CAPITAL LLC 9.625% 05/15/2015 DD 05/15/09	0.10 %
MICHAELS STORES INC 7.750% 11/01/2018 DD 05/01/11	0.10 %
ATP OIL & GAS CORP/UNITED STAT 11.875% 05/01/2015 DD 11/01/10	0.10 %
CROWN AMERICAS LLC / CROWN AME 7.625% 05/15/2017 DD 05/15/10	0.10 %
CKE RESTAURANTS INC 11.375 7/15/2018	0.10 %
HEXION US FINANCE CORP / HEXIO 8.875% 02/01/2018 DD 01/29/10	0.10 %
NAVISTAR INTERNATIONAL CORP 8.250% 11/01/2021 DD 10/28/09	0.09 %
PAETEC HOLDING CORP 8.875% 06/30/2017 DD 06/29/09	0.09 %
PHILLIPS-VAN HEUSEN CORP 7.375% 05/15/2020 DD 05/06/10	0.07 %
UNITYMEDIA HESSEN GMBH & CO KG 8.125% 12/01/2017 DD 11/20/09	0.03 %
GCB US ONCOLOGY INC ESCROW 9.125% 08/15/2017 DD 12/07/09	0.00 %

Initially, in order to obtain exposure to the performance of the Index, the Claymore Advantaged High Yield Bond ETF (the “ETF”) will invest the net proceeds of its continuous offerings in a portfolio of common shares of Canadian public companies listed on the TSX that qualify as “Canadian securities” for purpose of the Tax Act (the “Canadian Share Portfolio”). The ETF will enter into one or more forward purchase and sale agreements (collectively, the “Forward”) with a Canadian chartered bank or an affiliate thereof (the “Counterparty”) pursuant to which the ETF will agree to sell securities in the Canadian Share Portfolio to the Counterparty from time to time in exchange for a purchase price determined by reference to the Canadian dollar value (the “Forward Amount”) of the performance of Index. However, neither the ETF nor its Unitholders by virtue of their investment in Units will have any ownership interest in the Index or any other financial instrument, if any, the Counterparty chooses to hedge its exposure under the Forward.