FUND HOLDINGS as of 5/18/12	Export
Name	Weighting
ICAHN ENTERPRISES LP / ICAHN E 8.000% 01/15/2018 DD 07/15/10	1.93 %
TOYS R US PROPERTY CO I LLC 10.750% 07/15/2017 DD 01/15/10	1.87 %
HUGHES SATELITE SYSTEMS 6.500% 06/15/2019 DD 12/15/11	1.82 %
SPRINT NEXTEL CORP 144A 9.000% 11/15/2018 DD 11/09/11	1.67 %
SEALED AIR CORP 8.375% 09/15/2021 DD 10/03/11	1.66 %
OFFSHORE GROUP INVESTMENTS LTD 11.500% 08/01/2015 DD 02/01/11	1.64 %
CAESARS ENTERTAINMENT OPERATIN 10.000% 12/15/2018 DD 12/15/09	1.62 %
INTERNATIONAL LEASE FINANCE CO 8.750% 03/15/2017 DD 03/15/11	1.44 %
COMMSCOPE INC 8.250% 01/15/2019 DD 01/14/11	1.42 %
INTELSAT JACKSON HOLDINGS SA 7.250% 04/01/2019 DD 10/01/11	1.40 %
FIRST DATA CORP 12.625% 01/15/2021 DD 07/15/11	1.35 %
CLEARWIRE COMMUNICATIONS 144A 12.000% 12/01/2015 DD 11/24/09	1.35 %
WARNER CHILCOTT CO LLC 7.750% 09/15/2018 DD 08/20/11	1.31 %
MGM RESORTS INTL 7.750% 03/15/2022 DD 03/22/12	1.30 %
AVAYA INC 7.000% 04/01/2019 DD 02/11/11	1.24 %
CABLEVISION SYSTEMS CORP 8.625% 09/15/2017 DD 03/15/10	1.22 %
FRONTIER COMMUNICATIONS CORP 8.500% 04/15/2020 DD 04/12/10	1.20 %
DISH DBS CORP 6.750% 06/01/2021 DD 05/05/11	1.18 %
CCO HOLDINGS LLC / CCO HOLDING 6.500% 04/30/2021 DD 05/10/11	1.15 %
SEARS HOLDINGS CORP 6.625% 10/15/2018 DD 04/15/11	1.14 %
GOODYEAR TIRE & RUBBER CO/THE 8.250% 08/15/2020 DD 08/13/10	1.10 %
MCCLATCHY CO/THE 11.500% 02/15/2017 DD 08/15/10	1.10 %
UNITED STATES STEEL CORP 7.375% 04/01/2020 DD 03/19/10	1.09 %
GRIFOLS INC 8.250% 02/01/2018 DD 08/01/11	1.08 %
RR DONNELLEY & SONS CO 7.250% 05/15/2018 DD 06/01/11	1.06 %
ROUSE CO LP/THE 6.750% 11/09/2015 DD 11/09/10	1.05 %
HCA INC 6.500% 02/15/2020 DD 08/01/11	1.05 %
WYNN LAS VEGAS LLC / WYNN LAS 7.750% 08/15/2020 DD 08/04/10	1.04 %
NIELSEN FINANCE LLC / NIELSEN 7.750% 10/15/2018 DD 04/15/11	1.03 %
BERRY PETROLEUM CO 6.375% 09/15/2022 DD 03/09/12	1.03 %
RITE AID CORP 8.000% 08/15/2020 DD 08/16/10	1.00 %
FORD MOTOR CREDIT CO LLC 5.875% 08/02/2021 DD 08/01/11	0.97 %
NRG ENERGY INC 7.875% 05/15/2021 DD 11/15/11	0.97 %
TENET HEALTHCARE CORP 8.875% 07/01/2019 DD 06/15/09	0.97 %
SIRIUS XM RADIO INC 8.750% 04/01/2015 DD 03/17/10	0.96 %
ENERGY TRANSFER EQUITY LP 7.500% 10/15/2020 DD 09/20/10	0.94 %
DISH DBS CORP 7.875% 09/01/2019 DD 08/17/09	0.93 %
SANDRIDGE ENERGY INC 7.500% 03/15/2021 DD 09/15/11	0.91 %
HEALTH MANAGEMENT ASSOC 144A 7.375% 01/15/2020 DD 11/18/11	0.90 %
SAMSON INVESTMENT CO 144A 9.750% 02/15/2020 DD 02/08/12	0.88 %
SUPERVALU INC 8.000% 05/01/2016 DD 05/07/09	0.85 %
GENON ENERGY INC 9.500% 10/15/2018 DD 04/15/11	0.85 %
CASE NEW HOLLAND INC 7.875% 12/01/2017 DD 06/01/11	0.84 %
AES CORP/THE 144A 7.375% 07/01/2021 DD 06/15/11	0.83 %
FORD MOTOR CREDIT CO LLC 7.000% 04/15/2015 DD 04/09/10	0.83 %
SEAGATE HDD CAYMAN 7.750% 12/15/2018 DD 12/14/10	0.81 %
VULCAN MATERIALS CO 7.500% 06/15/2021 DD 06/14/11	0.81 %
DEL MONTE CORP 7.625% 02/15/2019 DD 08/15/11	0.80 %
EVEREST ACQ LLC/FINANCE 144A 9.375% 05/01/2020 DD 04/24/12	0.77 %
BALL CORP 5.000% 03/15/2022 DD 03/09/12	0.76 %
WPX ENERGY INC 144A 6.000% 01/15/2022 DD 11/14/11	0.75 %
INTELSAT LUXEMBOURG SA 11.250% 02/04/2017 DD 08/15/09	0.74 %
WIND ACQUISITION FINANCE SA 11.750% 07/15/2017 DD 07/13/09	0.73 %
WINDSTREAM CORP 7.875% 11/01/2017 DD 10/08/09	0.72 %
PEABODY ENERGY CORP 6.500% 09/15/2020 DD 08/25/10	0.71 %
LTD BRANDS INC 6.625% 04/01/2021 DD 03/25/11	0.70 %
MGM RESORTS INTERNATIONAL 11.125% 11/15/2017 DD 05/19/09	0.68 %
HCA HOLDINGS INC 7.750% 05/15/2021 DD 11/15/11	0.67 %
KINDER MORGAN FINANCE CO LLC 6.000% 01/15/2018 DD 12/20/10	0.66 %
APRIA HEALTHCARE GROUP INC 11.250% 11/01/2014 DD 05/01/10	0.65 %
CALPINE CORP 7.500% 02/15/2021 DD 10/22/10	0.62 %
CHRYSLER GROUP LLC/CG CO-ISSUE 8.250% 06/15/2021 DD 12/15/11	0.61 %
CHESAPEAKE ENERGY CORP 6.625% 08/15/2020 DD 08/17/10	0.57 %
BE AEROSPACE INC 6.875% 10/01/2020 DD 09/16/10	0.57 %
CONTINENTAL AIRLINES INC 6.750% 09/15/2015 DD 08/18/10	0.56 %
CHIRON MERGER SUB INC 10.500% 11/01/2018 DD 11/04/11	0.55 %
SPX CORP 6.875% 09/01/2017 DD 08/16/10	0.55 %
MCJUNKIN RED MAN CORP 9.500% 12/15/2016 DD 06/15/11	0.53 %
NEWFIELD EXPLORATION CO 5.750% 01/30/2022 DD 09/30/11	0.53 %
CDW LLC / CDW FINANCE CORP 8.500% 04/01/2019 DD 10/01/11	0.53 %
ALLY FINANCIAL INC 8.000% 11/01/2031 DD 12/31/08	0.51 %
CEQUEL COMMUNICATIONS HOLDINGS 8.625% 11/15/2017 DD 11/04/09	0.50 %
RANGE RESOURCES CORP 5.000% 08/15/2022 DD 03/09/12	0.50 %
CHC HELICOPTER SA 9.250% 10/15/2020 DD 10/04/10	0.49 %
CLEAR CHANNEL COMMUNICATIONS I 9.000% 03/01/2021 DD 02/23/11	0.49 %
LINN ENERGY LLC/FIN CORP 144A 6.250% 11/01/2019 DD 03/02/12	0.48 %
CLEAR CHANNEL WORLDWIDE HOLDIN 9.250% 12/15/2017 DD 06/15/10	0.48 %
SABINE PASS LNG LP 7.500% 11/30/2016 DD 05/30/07	0.48 %
BUMBLE BEE ACQUISITION CORP 9.000% 12/15/2017 DD 12/15/10	0.48 %
SPRINT NEXTEL CORP 8.375% 08/15/2017 DD 08/13/09	0.47 %
QUICKSILVER RESOURCES INC 11.750% 01/01/2016 DD 06/25/09	0.47 %
DUBAI ELECTRICITY & WATER AUTH 7.375% 10/21/2020 DD 10/21/10	0.46 %
CRICKET COMMUNICATIONS INC 7.750% 10/15/2020 DD 11/19/10	0.45 %
CIT GROUP INC 7.000% 05/02/2017 DD 06/15/11	0.44 %
CONSOL ENERGY INC 8.000% 04/01/2017 DD 10/01/10	0.44 %
NII CAPITAL CORP 7.625% 04/01/2021 DD 03/29/11	0.43 %
IASIS HEALTHCARE LLC / IASIS C 8.375% 05/15/2019 DD 11/15/11	0.43 %
BURGER KING CORP 9.875% 10/15/2018 DD 10/19/10	0.43 %
ENERGY FUTURE INTERMEDIATE HOL 10.000% 12/01/2020 DD 08/17/10	0.41 %
LEVEL 3 FINANCING INC 10.000% 02/01/2018 DD 01/20/10	0.41 %
FREESCALE SEMICONDUCTOR INC 9.250% 04/15/2018 DD 04/13/10	0.40 %
CCH II LLC / CCH II CAPITAL CO 13.500% 11/30/2016 DD 11/30/09	0.40 %
TRANSDIGM INC 7.750% 12/15/2018 DD 06/15/11	0.40 %
SUNGARD DATA SYSTEMS INC 7.375% 11/15/2018 DD 11/16/10	0.39 %
UR FINANCING ESCROW CORP 7.625% 04/15/2022 DD 03/09/12	0.39 %
ARAMARK HOLDINGS CORP 8.625% 05/01/2016 DD 04/18/11	0.38 %
POST HOLDINGS INC 7.375% 02/15/2022 DD 02/03/12	0.38 %
UPCB FINANCE III LTD 6.625% 07/01/2020 DD 02/16/11	0.37 %
UNIVISION COMMUNICATIONS INC 8.500% 05/15/2021 DD 11/23/10	0.36 %
LEVEL 3 FINANCING INC 8.125% 07/01/2019 DD 01/01/12	0.36 %
REYNOLDS GROUP ISSUER INC / RE 9.000% 04/15/2019 DD 10/15/10	0.35 %
QEP RESOURCES INC 6.875% 03/01/2021 DD 08/16/10	0.35 %
K HOVNANIAN ENTERPRISES INC 10.625% 10/15/2016 DD 10/20/09	0.35 %
EXPRO FINANCE LUXEMBOURG SCA 8.500% 12/15/2016 DD 12/21/09	0.35 %
ROCKIES EXPRESS PIPELINE LLC 5.625% 04/15/2020 DD 03/22/10	0.34 %
ATLANTIC FINANCE LTD STEP 05/27/2014 DD 05/27/09	0.33 %
ARCH COAL INC 144A 7.250% 06/15/2021 DD 06/14/11	0.33 %
NOVELIS INC/GA 8.750% 12/15/2020 DD 12/17/10	0.32 %
PETROBAKKEN ENERGY LTD 8.625% 02/01/2020 DD 01/30/12	0.32 %
JMC STEEL GROUP 8.250% 03/15/2018 DD 03/11/11	0.32 %
FMG RESOURCES AUGUST 2006 PTY 7.000% 11/01/2015 DD 10/29/10	0.31 %
LINN ENERGY LLC/LINN ENERGY FI 8.625% 04/15/2020 DD 04/06/10	0.30 %
SMITHFIELD FOODS INC 10.000% 07/15/2014 DD 07/02/09	0.30 %
AES CORP/THE 8.000% 06/01/2020 DD 12/01/08	0.29 %
OWENS-BROCKWAY GLASS CONTAINER 7.375% 05/15/2016 DD 08/01/09	0.28 %
HUNTSMAN INTERNATIONAL LLC 5.500% 06/30/2016 DD 06/23/09	0.28 %
CROWN AMERICAS LLC / CROWN AME 6.250% 02/01/2021 DD 08/01/11	0.27 %
ENERGY FUTURE HOLDINGS CORP 10.250% 01/15/2020 DD 01/15/11	0.27 %
CONSTELLATION BRANDS INC 6.000% 05/01/2022 DD 04/17/12	0.26 %
AMERISTAR CASINOS INC 7.500% 04/15/2021 DD 10/15/11	0.26 %
HERTZ CORP/THE 6.750% 04/15/2019 DD 04/15/11	0.26 %
LAWSON SOFTWARE 144A 9.375% 04/01/2019 DD 04/05/12	0.26 %
HD SUPPLY INC 144A 8.125% 04/15/2019 DD 04/12/12	0.26 %
AMC ENTERTAINMENT INC 9.750% 12/01/2020 DD 06/01/11	0.26 %
LYONDELLBASELL IND NV 144A 5.000% 04/15/2019 DD 04/09/12	0.26 %
EMERGENCY MEDICAL SERVICES COR 8.125% 06/01/2019 DD 05/25/11	0.25 %
PLAINS EXPLORATION & PRO 6.750% 02/01/2022 DD 11/21/11	0.25 %
NRG ENERGY INC 7.625% 01/15/2018 DD 07/15/11	0.25 %
SPDR BARCLAYS CAPITAL HIGH YIE .	0.25 %
TOMKINS LLC/TOMKINS INS VAR RT 10/01/2018 DD 10/01/11	0.25 %
PLY GEM INDS INC 8.250% 02/15/2018 DD 02/11/11	0.25 %
GXS WORLDWIDE INC 9.750% 06/15/2015 DD 06/15/10	0.24 %
REALOGY CORP 7.875% 02/15/2019 DD 02/03/11	0.24 %
COUNTRY GARDEN HOLDINGS CO 11.125% 02/23/2018 DD 02/23/11	0.24 %
ABENGOA FINANCE SAU 8.875% 11/01/2017 DD 10/28/10	0.23 %
HANESBRANDS INC 6.375% 12/15/2020 DD 11/09/10	0.23 %
CHESAPEAKE ENERGY CORP 6.775% 03/15/2019 DD 02/16/12	0.23 %
NARA CABLE FUNDING ONOSM 8.875% 12/01/2018 DD 02/02/12	0.22 %
DENBURY RESOURCES INC 8.250% 02/15/2020 DD 02/10/10	0.22 %
INEOS FINANCE PLC 8.375% 02/15/2019 DD 02/10/12	0.21 %
EDP FINANCE BV 4.900% 10/01/2019 DD 09/29/09	0.21 %
SANDRIDGE ENERGY INC 144A 8.000% 06/01/2018 DD 05/20/08	0.20 %
DINEEQUITY INC 9.500% 10/30/2018 DD 04/30/11	0.19 %
CHS/COMMUNITY HEALTH SYS 8.000% 11/15/2019 DD 11/22/11	0.19 %
CINCINNATI BELL INC 8.750% 03/15/2018 DD 03/15/10	0.19 %
INERGY LP/INERGY FINANCE CORP 6.875% 08/01/2021 DD 08/01/11	0.18 %
VANGUARD HEALTH HOLDING CO II 8.000% 02/01/2018 DD 01/29/10	0.18 %
NRG ENERGY INC 8.250% 09/01/2020 DD 03/01/11	0.17 %
VIRGIN MEDIA FINANCE PLC 9.500% 08/15/2016 DD 06/03/09	0.17 %
AMC NETWORKS INC 7.750% 07/15/2021 DD 06/30/11	0.17 %
FIRST DATA CORP 10.550% 09/24/2015 DD 03/31/09	0.16 %
SALLY HOLDINGS/SALLY CAP 6.875% 11/15/2019 DD 11/08/11	0.16 %
ELAN FINANCE PLC / ELAN FINANC 8.750% 10/15/2016 DD 10/02/09	0.16 %
CONCHO RESOURCES INC/MIDLAND T 7.000% 01/15/2021 DD 12/14/10	0.16 %
RBS GLOBAL INC / REXNORD LLC 8.500% 05/01/2018 DD 04/28/10	0.13 %
RSC EQUIPMENT RENTAL INC/RSC H 8.250% 02/01/2021 DD 01/19/11	0.13 %
DAVITA INC 6.625% 11/01/2020 DD 10/20/10	0.13 %
HUNTINGTON INGALLS INDUSTRIES 7.125% 03/15/2021 DD 09/15/11	0.13 %
WEST CORP 7.875% 01/15/2019 DD 05/15/11	0.13 %
UNITED RENTALS NORTH AMERICA I 8.375% 09/15/2020 DD 10/26/10	0.13 %
BUILDING MATERIALS CORP OF AME 6.750% 05/01/2021 DD 04/29/11	0.13 %
METROPCS WIRELESS INC 7.875% 09/01/2018 DD 09/21/10	0.13 %
PLAINS EXPLORATION & PRODUCTIO 6.625% 05/01/2021 DD 03/29/11	0.13 %
VALEANT PHARMACEUTICALS INTERN 6.875% 12/01/2018 DD 11/23/10	0.12 %
CINCINNATI BELL INC 8.375% 10/15/2020 DD 10/13/10	0.12 %
CEVA GROUP PLC 11.500% 04/01/2018 DD 03/24/10	0.12 %
VIDEOTRON LTEE 144A 5.000% 07/15/2022 DD 03/14/12	0.12 %
MYLAN INC/PA 7.875% 07/15/2020 DD 05/19/10	0.11 %
BERRY PLASTICS CORP 9.750% 01/15/2021 DD 11/19/10	0.11 %
CROSSTEX ENERGY LP / CROSSTEX 8.875% 02/15/2018 DD 02/10/10	0.11 %
EXCO RESOURCES INC 7.500% 09/15/2018 DD 09/15/10	0.11 %
DELTA AIR LINES INC 9.500% 09/15/2014 DD 09/28/09	0.11 %
ABITIBIBOWATER INC 10.250% 10/15/2018 DD 10/04/11	0.10 %
MOMENTIVE PERFORMANCE MATERIAL 9.000% 01/15/2021 DD 01/15/11	0.10 %
RESIDENTIAL CAPITAL LLC 9.625% 05/15/2015 DD 05/15/09	0.09 %
NXP BV / NXP FUNDING LLC 9.750% 08/01/2018 DD 07/20/10	0.09 %
INTERACTIVE DATA CORP 10.250% 08/01/2018 DD 02/01/11	0.08 %
CROWN CASTLE INTERNATIONAL COR 9.000% 01/15/2015 DD 01/27/09	0.08 %
EQUINIX INC 8.125% 03/01/2018 DD 03/03/10	0.08 %
MANITOWOC CO INC/THE 8.500% 11/01/2020 DD 10/18/10	0.08 %
WMG ACQUISITION CORP 9.500% 06/15/2016 DD 05/28/09	0.08 %
MICHAELS STORES INC 7.750% 11/01/2018 DD 05/01/11	0.08 %
CKE RESTAURANTS INC 11.375% 07/15/2018 DD 07/12/10	0.08 %
CROWN AMERICAS LLC / CROWN AME 7.625% 05/15/2017 DD 05/15/10	0.08 %
HEXION US FINANCE CORP / HEXIO 8.875% 02/01/2018 DD 01/29/10	0.08 %
ATP OIL & GAS CORP/UNITED STAT 11.875% 05/01/2015 DD 11/01/10	0.08 %
NAVISTAR INTERNATIONAL CORP 8.250% 11/01/2021 DD 10/28/09	0.07 %
PAETEC HOLDING CORP 8.875% 06/30/2017 DD 06/29/09	0.07 %
PHILLIPS-VAN HEUSEN CORP 7.375% 05/15/2020 DD 05/06/10	0.06 %
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 iShares Advantaged U.S. High Yield Bond Index Fund (CAD-Hedged) (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.