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Ticker Symbol
Security Description
 
ABN/PE
ABN Amro Capital Funding Trust V, 5.9%, Non Cumulative Preferred
Earliest Call Date:  7/3/2008                 
Offering Prospectus
 
ABN/PF
ABN Amro Capital Funding Trust VI, 6.25%, Non Cumulative Preferred
Earliest Call Date:  9/30/2008              
 Offering Prospectus
 
ABN/PG
ABN Amro Capital Funding Trust VII, 6.08%, Non Cumulative Preferred
Earliest Call Date:  2/18/2009              
 Offering Prospectus
 
BAC/PW
BAC Capital Trust I, 7%, Cumulative Preferred
Earliest Call Date: 12/15/2006               
Offering Prospectus
 
BAC/PV
BAC Capital Trust II, 7%, Cumulative Preferred
Earlier Call Date: 12/15/2006               
Offering Prospectus
 
BAC/PX
BAC Capital Trust III, 7%, Cumulative Preferred
Earliest Call Date:12/15/2006               
 Offering Prospectus
 
BAC/PU
BAC Capital Trust IV, 5 7/8%, Cumulative Preferred
Earliest Call Date:12/15/2006               
 Offering Prospectus
 
BAC/PY
BAC Capital Trust V, 6%, Cumulative Preferred
Earliest Call Date:12/15/2006                
Offering Prospectus
 
BAC/PZ
BAC Capital Trust VIII, 6%, Cumulative Preferred
Earliest Call Date:12/15/2006                
Offering Prospectus
 
BAC/PB
BAC Capital Trust X, 6 1/4%, Cumulative Preferred
Earliest Call Date:12/15/2006               
 Offering Prospectus
 
BAC/PC
BAC Capital Trust XII, 6 7/8%, Cumulative Preferred
Earliest Call Date:12/15/2006                
Offering Prospectus
 
BXS/PA
Bankcorp South Capital Trust I, 8.15%, Cumulative Preferred
Earliest Call Date:1/28/2007                 
 Offering Prospectus
 
ONE/PW
Bankone Capital Trust VI, 7.2%, Cumulative Preferred
Earlier Call Date: 10/16/2006               
Offering Prospectus
 
BBT/PA
BB&T Capital Trust V, 8.95%, Cumulative Preferred
Earlier Call Date: 9/15/2013                 
Offering Prospectus
 
BGE/PB
BGE Capital Trust II, 6.2%, Cumulative Preferred
Earlier Call Date:11/21/2008                
Offering Prospectus
 
BK/PE
BNY Capital Trust IV, 6 7/8%,  Cumulative Preferred
Earlier Call Date: 1/25/2004                 
Offering Prospectus
 
BK/PF
BNY Capital Trust V, 5.95%, Cumulative Preferred
Earlier Call Date: 5/01/2008                 
Offering Prospectus
 
COF/PB
Capital One Capital Trust II, 7.5%, Cumulative Preferred
Earlier Call Date: 6/15/2011                 
Offering Prospectus
 
CBC/PA
Capital Trust I, 6.5%, Cumulative Preferred
Earlier Call Date: 12/31/2002              
 Offering Prospectus
 
CBC/PB
Capital Trust XII, 10.5%, Cumulative Preferred
Earlier Call Date:  9/30/2013                
Offering Prospectus
 
C/PS
Citigroup Capital Trust IX, 6 %, Cumulative Preferred
Earlier Call Date:  2/13/2008               
 Offering Prospectus
 
C/PR
Citigroup Capital Trust X, 6.1%, Cumulative Preferred
Earlier Call Date:  9/30/2008                
Offering Prospectus
 
C/PG
Citigroup Capital Trust XX, 7 7/8 %, Cumulative Preferred
Earlier Call Date:  12/15/2012              
 Offering Prospectus
 
C/PZ
Citigroup Capital Trust VIII, 6.95 %, Cumulative Preferred
Earlier Call Date:  9/17/2006               
 Offering Prospectus
 
C/PV
Citigroup Capital Trust VII, 7 1/8 %, Cumulative Preferred
Earlier Call Date:  7/31/2006               
 Offering Prospectus
 
C/PE
Citigroup Capital Trust XVII, 6.35 %, Cumulative Preferred
Earlier Call Date:  3/15/2012                
Offering Prospectus
 
C/PW
Citigroup Capital Trust XVI, 6.45 %, Cumulative Preferred
Earlier Call Date:  12/31/2011              
Offering Prospectus
 
C/PU
Citigroup Capital Trust XV, 6.5 %, Cumulative Preferred
Earlier Call Date:  9/15/2011                
Offering Prospectus
 
C/PF
Citigroup Capital Trust XIX, 7.25 %, Cumulative Preferred
Earlier Call Date:  8/15/2012                
Offering Prospectus
 
C/PG
Citigroup Capital Trust XX, 7 7/8 %, Cumulative Preferred
Earlier Call Date:  12/15/2012             
 Offering Prospectus
 
C/PO
Citigroup Capital Trust XIV, 6.7/8 %, Cumulative Preferred
Earlier Call Date:  6/30/2011                
Offering Prospectus
 
CTZ/PA
Citizens Funding Trust I , 7 1/2 %, Cumulative Preferred
Earlier Call Date:  9/15/2011                
Offering Prospectus
 
CNB/PB
Colonial Capital Trust IV,   7 7/8%, Cumulative Preferred
Earlier Call Date:  10/1/2008                
Offering Prospectus
 
CFC/PA
Countrywide Capital IV,  6 3/4%, Cumulative Preferred
Earlier Call Date:  4/11/2008               
 Offering Prospectus
 
CFC/PB
Countrywide Capital V,   7%, Cumulative Preferred
Earlier Call Date:  10/11/2011                
Offering Prospectus
 
DTT
Deutsche Bank Capital Trust IX,  6 5/8%, NON Cumulative Preferred
Earlier Call Date:  8/20/2012                 
Offering Prospectus
 
DUA
Deutsche Bank Capital Trust VIII,  6 3/8%, NON Cumulative Preferred
Earlier Call Date:  10/18/2011               
Offering Prospectus
 
DCE
Deutsche Bank Capital Trust X,  7.35%, NON Cumulative Preferred
Earliest Call Date:  12/15/2012                
 Offering Prospectus
 
DXB
Deutsche Bank Capital Trust II,  6.55%, Cumulative Preferred
Earliest Call Date:  5/26/2017                 
Offering Prospectus
 
DTK
Deutsche Bank Capital Trust III,  7.6%,  Cumulative Preferred
Earliest Call Date:  2/20/2018                 
Offering Prospectus
 
DKT
Deutsche Bank Capital Trust V,  8.05%, Cumulative Preferred
Earliest Call Date:  6/30/2018                 
Offering Prospectus
 
DDT
Dillards Capital Trust I,  7.5%,  Cumulative Preferred
Earliest Call Date:  8/12/2003                 
Offering Prospectus
 
DTE/PA
DTE Energy Trust I,  7.8%,     Cumulative Preferred
Earliest Call Date:  2/01/2007                
 Offering Prospectus
 
DTE/PC
DTE Energy Trust II,  7.5%,  Cumulative Preferred
Earliest Call Date:  6/01/2009                
 Offering Prospectus
 
EDE/PD
Empire District Electric Trust I, 8.5%, Cumulative Preferred
Earliest Call Date:  3/01/2006                 
Offering Prospectus
 
RE/PB
Everest RE Capital Trust II,  6.2%,  Cumulative Preferred
Earliest Call Date:  3/30/2009                
 Offering Prospectus
 
FTB/PA
Fifth Third  Capital Trust V,  7.25%, Cumulative Preferred
Earliest Call Date:  8/15/2012                
 Offering Prospectus
 
FTB/PB
Fifth Third  Capital Trust VI,  7.25%, Cumulative Preferred
Earliest Call Date:  11/15/2012                 
Offering Prospectus
 
FTB/PC
Fifth Third  Capital Trust VII,  8 7/8%, Cumulative Preferred
Earliest Call Date:  5/15/2013                 
Offering Prospectus
 
FBS/PA
First Preferred Capital Trust IV,  8.15%, Cumulative Preferred
Earliest Call Date:  6/30/2008                 
Offering Prospectus
 
Trust Preferred Shares

Trust preferred shares are shares issued by a trust which a corporation forms exclusively to purchase subordinated debt of the corporation.  It generally
works like this---the trust issues shares of preferred stock.  From the proceeds of the sale the trust purchases a debt issue from the forming corporation.  
The corporation thus pays the trust
interest payments which are passed onto you.  Thus one level of taxation is eliminated (the corporate taxes). The
payments are not eligible for the 15% tax rate.  

Most of the issues are $25.00 issues and generally are callable at $25.00  5 years from the date of issue.  Dividends are paid quarterly on most of these
issues.

Below are issues traded on the New York Stock Exchange
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