Guggenheim Funds

SEA – Guggenheim Shipping ETF

Fund Holdings

as of 2/3/12

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Ticker Name Shares / Par Value Market Value Weighting
9104 MITSUI OSK LINES LTD 1,206,000 $5,102,096 10.92 %
9101 NIPPON YUSEN KK 1,728,000 $4,805,954 10.29 %
SMM SEMBCORP MARINE LTD 878,000 $3,426,927 7.34 %
1199 COSCO PACIFIC LTD 1,836,000 $2,722,631 5.83 %
ALEX ALEXANDER & BALDWIN INC . 51,998 $2,503,704 5.36 %
TGP TEEKAY LNG PARTNERS LP 64,277 $2,388,533 5.11 %
9107 KAWASAKI KISEN KAISHA LTD 1,022,000 $2,081,765 4.46 %
NOL NEPTUNE ORIENT LINES LTD/SINGAPORE 1,504,000 $1,730,822 3.71 %
TOO TEEKAY OFFSHORE PARTNERS LP 58,753 $1,714,413 3.67 %
TK TEEKAY CORPORATION COM . 62,671 $1,692,744 3.62 %
SSW SEASPAN CORP 104,435 $1,631,275 3.49 %
NAT NORDIC AMER TANKER SHIPPING . 107,457 $1,519,442 3.25 %
2343 PACIFIC BASIN SHIPPING LTD 3,092,000 $1,515,100 3.24 %
NMM NAVIOS MARITIME PARTNERS 81,196 $1,343,794 2.88 %
DNORD D/S NORDEN 49,140 $1,334,907 2.86 %
FRO FRONTLINE LTD 259,810 $1,270,090 2.72 %
OSG OVERSEAS SHIPHOLDING GROUP INC . 97,074 $1,254,196 2.69 %
CPLP CAPITAL PRODUCT PARTNERS LP 155,785 $1,207,334 2.58 %
SFL SHIP FINANCE INTL LTD SHS . 98,612 $1,194,191 2.56 %
TNK TEEKAY TANKERS LTD CLASS A . 242,472 $1,115,371 2.39 %
TNP TSAKOS ENERGY NAVIGATOIN LTD SHS 163,273 $1,115,155 2.39 %
GOGL GOLDEN OCEAN GROUP LTD 1,235,525 $1,079,237 2.31 %
CMRE COSTAMARE INC 68,398 $1,038,966 2.22 %
VLCCF KNIGHTSBRIDGE TANKERS LTD COM . 65,769 $985,220 2.11 %
NM NAVIOS MARITIME HOLDINGS INC 253,434 $937,706 2.01 %
JAPANESE YEN -100 ($1) 0.00 %
EURO -411 ($539) 0.00 %

All data is provided by Guggenheim Funds Distributors, Inc. or Morningstar. Data is subject to change on a daily basis and represents a percentage of the Fund’s holdings, excluding cash. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.

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