Guggenheim Funds

Guggenheim Funds ETFs 2011 Capital Gains and Year-End Distributions

Only three of Guggenheim Funds' 44 ETFs are paying long-term capital gains in 2011, consistent with the tax-efficient structure that ETFs generally provide investors. To learn more about the tax-efficient nature of ETFs, view Accounting for Taxes: Turning to ETFs to Help Manage Your Bottom Line.

View 2010 Capital Gains | View 2009 Capital Gains | View 2008 Capital Gains

Guggenheim Funds Fixed Income ETFs 2012 Monthly Distributions

Ticker January 2012 Monthly Distributions Total Rate per Share Ex-Date Record Date Payable Date
BSCC Guggenheim BulletShares 2012 Corporate Bond ETF $0.015 12/28/11 12/30/11 1/3/12
BSCD Guggenheim BulletShares 2013 Corporate Bond ETF $0.023 12/28/11 12/30/11 1/3/12
BSCE Guggenheim BulletShares 2014 Corporate Bond ETF $0.030 12/28/11 12/30/11 1/3/12
BSCF Guggenheim BulletShares 2015 Corporate Bond ETF $0.039 12/28/11 12/30/11 1/3/12
BSCG Guggenheim BulletShares 2016 Corporate Bond ETF $0.042 12/28/11 12/30/11 1/3/12
BSCH Guggenheim BulletShares 2017 Corporate Bond ETF $0.048 12/28/11 12/30/11 1/3/12
BSJC Guggenheim BulletShares 2012 High Yield Corporate Bond ETF $0.065 12/28/11 12/30/11 1/3/12
BSJD Guggenheim BulletShares 2013 High Yield Corporate Bond ETF $0.089 12/28/11 12/30/11 1/3/12
BSJE Guggenheim BulletShares 2014 High Yield Corporate Bond ETF $0.103 12/28/11 12/30/11 1/3/12
BSJF Guggenheim BulletShares 2015 High Yield Corporate Bond ETF $0.117 12/28/11 12/30/11 1/3/12
GIY Guggenheim Enhanced Core Bond ETF1 $0.097 12/28/11 12/30/11 1/3/12
GSY Guggenheim Enhanced Short Duration Bond ETF2 $0.023 12/28/11 12/30/11 1/3/12
RMB Guggenheim Yuan Bond ETF $0.021 12/28/11 12/30/11 1/3/12

Guggenheim Funds 2011 Fixed Income ETF Supplemental Distributions

Ticker 2011 Supplemental Distributions Supplemental Income Distribution Short-Term Capital Gain Long-Term Capital Gain Total Distribution Ex-Date Record Date Payable Date
BSCC Guggenheim BulletShares 2012 Corporate Bond ETF $0.002 $0.002 12/28/11 12/30/11 1/3/12
BSCD Guggenheim BulletShares 2013 Corporate Bond ETF $0.004 $0.004 12/28/11 12/30/11 1/3/12
BSCE Guggenheim BulletShares 2014 Corporate Bond ETF $0.010 $0.010 12/28/11 12/30/11 1/3/12
BSCF Guggenheim BulletShares 2015 Corporate Bond ETF $0.013 $0.013 12/28/11 12/30/11 1/3/12
BSCG Guggenheim BulletShares 2016 Corporate Bond ETF $0.014 $0.014 12/28/11 12/30/11 1/3/12
BSCH Guggenheim BulletShares 2017 Corporate Bond ETF $0.010 $0.010 12/28/11 12/30/11 1/3/12
BSJC Guggenheim BulletShares 2012 High Yield Corporate Bond ETF $0.012 $0.012 12/28/11 12/30/11 1/3/12
BSJD Guggenheim BulletShares 2013 High Yield Corporate Bond ETF $0.021 $0.001 $0.022 12/28/11 12/30/11 1/3/12
BSJE Guggenheim BulletShares 2014 High Yield Corporate Bond ETF $0.026 $0.026 12/28/11 12/30/11 1/3/12
BSJF Guggenheim BulletShares 2015 High Yield Corporate Bond ETF $0.033 $0.033 12/28/11 12/30/11 1/3/12
GIY Guggenheim Enhanced Core Bond ETF $0.043 $1.357 $1.551 $2.951 12/28/11 12/30/11 1/3/12
GSY Guggenheim Enhanced Short Duration Bond ETF $0.004 $0.012 $0.016 12/28/11 12/30/11 1/3/12
RMB Guggenheim Yuan Bond ETF - 12/28/11 12/30/11 1/3/12

Guggenheim Funds Equity ETFs Distributions

Ticker Monthly/Quarterly Distributions Rate Supplemental Income
Distribution
Short-Term
Capital Gain
Long-Term
Capital
Gain
Total
Distribution
Ex-Date Record Date Payable Date
ABCS Guggenheim ABC High Dividend ETF $0.190 $0.190 12/23/11 12/28/11 12/30/11
CVY Guggenheim Multi-Asset Income ETF $0.277 $0.277 12/23/11 12/28/11 12/30/11
ENY Guggenheim Canadian Energy Income ETF $0.141 $0.086 $0.227 12/23/11 12/28/11 12/30/11
HGI Guggenheim International Multi-Asset Income ETF $0.113 $0.113 12/23/11 12/28/11 12/30/11
LVL Guggenheim S&P Global Dividend Opportunities Index ETF $0.134 $0.134 12/23/11 12/28/11 12/30/11
SEA Guggenheim Shipping ETF3 $0.092 $0.092 12/23/11 12/28/11 12/30/11
WREI Wilshire US REIT ETF $0.340 $0.340 12/23/11 12/28/11 12/30/11
Ticker Annual Distributions Rate Supplemental Income
Distribution
Short-Term
Capital Gain
Long-Term
Capital
Gain
Total
Distribution
Ex-Date Record Date Payable Date
CGW Guggenheim S&P Global Water Index ETF $0.411 $0.411 12/23/11 12/28/11 12/30/11
CQQQ Guggenheim China Technology ETF $0.565 $0.565 12/23/11 12/28/11 12/30/11
CSD Guggenheim Spin-Off ETF $0.112 $0.112 12/23/11 12/28/11 12/30/11
CUT Guggenheim Timber ETF $0.387 $0.387 12/23/11 12/28/11 12/30/11
CZA Guggenheim Mid-Cap Core ETF $0.070 $0.070 12/23/11 12/28/11 12/30/11
DEF Guggenheim Defensive Equity ETF $0.375 $0.375 12/23/11 12/28/11 12/30/11
EEB Guggenheim BRIC ETF $1.384 $1.384 12/23/11 12/28/11 12/30/11
EEN Guggenheim EW Euro-Pacific LDRs ETF $0.575 $0.575 12/23/11 12/28/11 12/30/11
FAA Guggenheim Airline ETF $0.305 $0.305 12/23/11 12/28/11 12/30/11
FRN Guggenheim Frontier Markets ETF $0.824 $0.824 12/23/11 12/28/11 12/30/11
HAO Guggenheim China Small Cap ETF $0.620 $0.620 12/23/11 12/28/11 12/30/11
NFO Guggenheim Insider Sentiment ETF $0.543 $0.543 12/23/11 12/28/11 12/30/11
OTP Guggenheim Ocean Tomo Patent ETF $0.245 $0.245 12/23/11 12/28/11 12/30/11
OTR Guggenheim Ocean Tomo Growth Index ETF $0.146 $0.146 12/23/11 12/28/11 12/30/11
RYJ Guggenheim Raymond James SB-1 Equity ETF $0.029 $0.029 12/23/11 12/28/11 12/30/11
TAN Guggenheim Solar ETF $0.211 $0.211 12/23/11 12/28/11 12/30/11
TAO Guggenheim China Real Estate ETF $0.193 $0.193 12/23/11 12/28/11 12/30/11
WFVK Wilshire 5000 Total Market ETF $0.470 $0.006 $0.476 12/23/11 12/28/11 12/30/11
WMCR Wilshire Micro-Cap ETF $0.650 $0.650 12/23/11 12/28/11 12/30/11
WXSP Wilshire 4500 Completion ETF $0.258 $0.035 $0.005 $0.298 12/23/11 12/28/11 12/30/11
XGC Guggenheim International Small Cap LDRs ETF $0.610 $0.610 12/23/11 12/28/11 12/30/11
XRO Guggenheim Sector Rotation ETF $0.100 $0.100 12/23/11 12/28/11 12/30/11
YAO Guggenheim China All-Cap ETF $0.580 $0.580 12/23/11 12/28/11 12/30/11

1 On June 1, 2011, the name of this Fund changed to Guggenheim Enhanced Core Bond ETF and the Fund's ticker symbol changed to GIY. The Fund's investment objective changed. The Guggenheim Enhanced Core Bond ETF's investment objective seeks total return, comprised of income and capital appreciation. The Fund no longer operates as an index-based ETF, but as an actively managed ETF. Prior to June 1, 2011, the Fund's name was Claymore U.S. Capital Markets Bond ETF and the Fund sought to replicate an index called The Capital Markets Bond Index℠ . Performance is based on a passively managed strategy and may vary under the actively managed strategy.

2 Prior to December 5, 2011, the Fund's name was Guggenheim Enhanced Ultra-Short Bond ETF. On June 1, 2011, the name of this Fund changed to Guggenheim Enhanced Ultra-Short Bond ETF and the Fund's ticker symbol changed to GSY. The Fund's investment objective changed. The Guggenheim Enhanced Ultra-Short Bond ETF's investment objective seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund no longer operates as an index-based ETF, but as an actively managed ETF. Prior to June 1, 2011, the Fund's name was Claymore U.S. Capital Markets Micro-Term Income ETF and the Fund sought to replicate an index called The Capital Markets Liquidity Index℠. Performance is based on a passively managed strategy and may vary under the actively managed strategy.

3 Prior to July 27, 2011, the Fund sought to replicate an index called the Delta Global Shipping Index. The Performance information prior to July 27, 2011 is based upon the performance and operating expenses of the Delta Global Shipping Index.

Past performance is not indicative of future performance. To the extent any portion of the distribution is estimated to be sourced from something other than income, such as return of capital, the source would be disclosed on a Section 19(a)-1 letter located on the Fund's website under the "Literature" tab. A distribution rate that is largely comprised of sources other than income may not be reflective of the Fund's performance.

There can be no assurance that the Funds will achieve their investment objectives. An investment in a Guggenheim Funds ETF is subject to certain risks and other considerations, including the loss of principal. Some general risks and considerations associated with investing in an ETF may include: Credit/Default Risk, Asset Class Risk, Call Risk/Prepayment Risk, Extension Risk, Liquidity Risk, Foreign Issuers Risk, Declining Yield Risk, Fluctuation of Yield and Liquidation Amount Risk, Derivative Risk, Investment Risk, Equity Risk, Foreign Investment Risk, Income Risk, Non-Correlation Risk, Small Company Risk, Emerging Markets Risk, Industry/Sector Risk, Replication Management Risk, Issuer-Specific Changes, Non-Diversified Fund Risk. ULQ is not a money market fund and thus does not seek to maintain a stable net asset value of $1.00 per share. Please refer to the ETFs' prospectuses for a more detailed discussion of Fund-specific risks and considerations.

Guggenheim Funds Distributors, Inc. does not offer tax advice. The tax information contained herein is general and is not exhaustive by nature. It was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Federal and state tax laws are complex and constantly changing. Please consult your tax professional or financial adviser for more information regarding your tax situation.

Member FINRA/SIPC
(2011)

Investors should carefully consider the investment objectives and policies, risk considerations, charges and ongoing expenses of any investment product before investing. The prospectus contains this and other relevant information. Please read the prospectus carefully before you invest. To obtain a prospectus, please contact a securities representative or Guggenheim Funds Distributors, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999, or download one by accessing the Literature section of this web site.

NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE