Guggenheim Funds

CLAYMORE/GUGGENHEIM BUILD AMERICA BONDS TRUST Series 1

PORTFOLIO HOLDINGS

as of 2/10/12

Ticker symbols provided for securities traded on U.S. Exchanges only.
SYMBOL BONDS (as of deposit date) INTEREST RATE (%) MATURITY
DETROIT MICH CITY SCH DIST GO INSN 7.747 % 5/1/2039
PORT SEATTLE WASH REV REV INSN 7.000 % 5/1/2036
CHICAGO ILL GO INSN 6.257 % 1/1/2040
ORLANDO FLA CMNTY REDEV AGY TAX INCREMENT REV REV INSN 7.784 % 9/1/2040
ILLINOIS ST GO INSN 5.100 % 6/1/2033
KING CNTY WASH PUB HOSP DIST NO 001 HOSP FACS REV REV INSN 8.000 % 6/15/2040
DALLAS TEX CONVENTION CTR HOTEL DEV CORP HOTEL REV REV INSN 7.088 % 1/1/2042
METROPOLITAN TRANSN AUTH N Y REV REV INSN 6.548 % 11/15/2031
TANGIPAHOA PARISH LA HOSP SVC DIST NO 1 HOSP REV REV INSN 7.200 % 2/1/2042
NEW YORK N Y GO INSN 5.968 % 3/1/2036
COOK CNTY ILL GO INSN 6.229 % 11/15/2034
CHICAGO ILL GO INSN 6.207 % 1/1/2036
LOS ANGELES CALIF UNI SCH DIST GO INSN 6.758 % 7/1/2034
METROPOLITAN TRANSN AUTH N Y REV REV INSN 6.687 % 11/15/2040
KLEIN TEX INDPT SCH DIST GO INSN 5.910 % 8/1/2035
CLARK CNTY NEV ARPT REV REV INSN 6.881 % 7/1/2042
NEW YORK ST URBAN DEV CORP REV REV INSN 5.770 % 3/15/2039
CALIFORNIA ST GO INSN 7.500 % 4/1/2034
CALIFORNIA ST GO INSN 7.950 % 3/1/2036
UNIVERSITY TEX UNIV REVS REV INSN 6.276 % 8/15/2041
BAY AREA TOLL AUTH CALIF TOLL BRDG REV REV INSN 6.793 % 4/1/2030
UTAH CNTY UTAH EXCISE TAX REV REV INSN 7.130 % 12/1/2039

Trust holdings are provided for information purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown. The holdings percentages for the Trust are based on invested assets and do not include any cash component of the portfolio.

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 website.

NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE