BWV - iPath CBOE S&P 500 BuyWrite Index ETN,,

Date,Index Level*,Note IV*
05/21/2007,827.110,50.00
05/22/2007,826.770,49.98
05/23/2007,822.920,49.74
05/24/2007,826.160,49.94
05/28/2007,827.370,50.01
05/29/2007,830.940,50.22
05/30/2007,831.120,50.23
05/31/2007,832.540,50.32
06/03/2007,833.280,50.36
06/04/2007,832.030,50.28
06/05/2007,829.150,50.11
06/06/2007,819.400,49.52
06/07/2007,827.720,50.02
06/10/2007,828.980,50.09
06/11/2007,821.850,49.66
06/12/2007,832.330,50.30
06/13/2007,835.980,50.51
06/14/2007,837.100,50.58
06/17/2007,837.460,50.60
06/18/2007,838.860,50.68
06/19/2007,831.670,50.25
06/20/2007,835.540,50.48
06/21/2007,827.240,49.98
06/24/2007,825.980,49.90
06/25/2007,823.680,49.76
06/26/2007,831.130,50.21
06/27/2007,831.180,50.21
06/28/2007,830.270,50.15
06/29/2007,830.270,50.15
07/01/2007,837.580,50.59
07/02/2007,840.380,50.76
07/04/2007,840.820,50.78
07/05/2007,843.300,50.93
07/08/2007,844.200,50.98
07/09/2007,835.480,50.46
07/10/2007,839.760,50.71
07/11/2007,848.720,51.25
07/12/2007,850.340,51.35
07/15/2007,850.820,51.38
07/16/2007,851.430,51.41
07/17/2007,851.630,51.42
07/18/2007,853.710,51.55
07/19/2007,845.370,51.04
07/22/2007,848.360,51.22
07/23/2007,837.590,50.57
07/24/2007,841.150,50.78
07/25/2007,825.380,49.83
07/26/2007,813.900,49.13
07/29/2007,822.810,49.67
07/30/2007,812.710,49.06
07/31/2007,818.600,49.41
08/01/2007,822.550,49.65
08/02/2007,801.100,48.35
08/05/2007,820.290,49.51
08/06/2007,825.420,49.82
08/07/2007,836.500,50.49
08/08/2007,812.420,49.03
08/09/2007,812.860,49.06
08/12/2007,812.830,49.05
08/13/2007,798.170,48.16
08/14/2007,787.320,47.51
08/15/2007,789.900,47.66
08/16/2007,806.600,48.67
08/19/2007,809.690,48.85
08/20/2007,811.010,48.93
08/21/2007,816.670,49.27
08/22/2007,816.470,49.26
08/23/2007,820.960,49.53
08/26/2007,818.880,49.40
08/27/2007,810.300,48.88
08/28/2007,819.240,49.42
08/29/2007,817.240,49.30
08/30/2007,821.760,49.57
09/03/2007,824.640,49.74
09/04/2007,822.690,49.62
09/05/2007,824.680,49.74
09/06/2007,820.660,49.50
09/09/2007,821.420,49.54
09/10/2007,826.010,49.82
09/11/2007,826.990,49.88
09/12/2007,828.610,49.97
09/13/2007,829.310,50.01
09/16/2007,829.370,50.02
09/17/2007,832.480,50.20
09/18/2007,832.540,50.20
09/19/2007,832.110,50.18
09/20/2007,829.510,50.02
09/23/2007,827.620,49.90
09/24/2007,828.290,49.94
09/25/2007,831.830,50.15
09/26/2007,834.080,50.29
09/27/2007,833.070,50.23
09/29/2007,833.070,50.23
09/30/2007,837.680,50.50
10/01/2007,838.200,50.53
10/02/2007,837.410,50.48
10/03/2007,838.620,50.56
10/04/2007,841.990,50.76
10/07/2007,841.650,50.74
10/08/2007,844.020,50.88
10/09/2007,844.830,50.93
10/10/2007,843.070,50.82
10/11/2007,845.170,50.94
10/14/2007,843.970,50.87
10/15/2007,843.370,50.83
10/16/2007,845.390,50.95
10/17/2007,847.180,51.06
10/18/2007,834.390,50.29
10/21/2007,838.200,50.51
10/22/2007,842.840,50.79
10/23/2007,842.000,50.74
10/24/2007,841.260,50.69
10/25/2007,847.610,51.08
10/28/2007,849.430,51.18
10/29/2007,847.040,51.04
10/30/2007,853.260,51.41
10/31/2007,841.480,50.70
11/01/2007,843.390,50.81
11/05/2007,842.080,50.73
11/06/2007,849.500,51.18
11/07/2007,831.670,50.10
11/08/2007,832.950,50.18
11/09/2007,822.610,49.55
11/10/2007,822.610,49.55
11/12/2007,814.670,49.07
11/13/2007,838.060,50.48
11/14/2007,832.270,50.13
11/15/2007,822.040,49.51
11/16/2007,825.800,49.74
11/17/2007,822.040,49.74
11/19/2007,819.860,49.38
11/20/2007,823.170,49.57
11/21/2007,815.090,49.08
11/23/2007,824.010,49.62
11/26/2007,811.600,48.87
11/27/2007,820.760,49.42
11/28/2007,832.650,50.14
11/29/2007,834.000,50.22
11/30/2007,837.410,50.42
12/03/2007,836.670,50.38
12/04/2007,835.370,50.30
12/05/2007,840.940,50.63
12/06/2007,844.730,50.86
12/07/2007,845.280,50.89
12/10/2007,846.370,50.96
12/11/2007,842.210,50.70
12/12/2007,844.980,50.87
12/13/2007,845.960,50.93
12/14/2007,843.970,50.81
12/17/2007,839.910,50.56
12/18/2007,845.010,50.87
12/19/2007,846.520,50.96
12/20/2007,849.450,51.13
12/21/2007,854.470,51.43
12/24/2007,858.680,51.69
12/26/2007,859.350,51.72
12/27/2007,854.350,51.42
12/28/2007,855.500,51.49
12/31/2007,852.880,51.33
01/02/2008,845.660,50.89
01/03/2008,846.400,50.93
01/04/2008,829.830,49.93
01/07/2008,832.960,50.12
01/08/2008,819.100,49.28
01/09/2008,830.030,49.94
01/10/2008,836.470,50.32
01/11/2008,825.680,49.67
01/14/2008,834.690,50.21
01/15/2008,814.040,48.96
01/16/2008,809.530,48.69
01/17/2008,786.080,47.27
01/18/2008,781.190,46.98
01/22/2008,776.060,46.66
01/23/2008,786.930,47.32
01/24/2008,791.830,47.61
01/25/2008,784.920,47.19
01/28/2008,793.180,47.69
01/29/2008,795.840,47.85
01/30/2008,795.410,47.82
01/31/2008,802.380,48.24
02/01/2008,804.570,48.37
02/04/2008,803.380,48.30
02/05/2008,793.250,47.69
02/06/2008,791.460,47.58
02/07/2008,796.530,47.88
02/08/2008,796.160,47.86
02/11/2008,800.980,48.15
02/12/2008,804.870,48.38
02/13/2008,810.300,48.71
02/14/2008,809.240,48.64
02/15/2008,809.860,48.68
02/19/2008,810.480,48.71
02/20/2008,814.930,48.98
02/21/2008,810.350,48.70
02/22/2008,814.450,48.95
02/25/2008,820.970,49.34
02/26/2008,823.700,49.51
02/27/2008,823.920,49.52
02/28/2008,821.450,49.37
02/29/2008,809.970,48.67
03/03/2008,811.550,48.77
03/04/2008,811.250,48.75
03/05/2008,815.010,48.97
03/06/2008,802.750,48.23
03/07/2008,798.780,47.99
03/09/2008,788.450,47.99
03/09/2008,788.450,47.36
03/10/2008,813.660,48.89
03/11/2008,808.880,48.60
03/12/2008,812.520,48.81
03/13/2008,796.500,47.84
03/16/2008,792.000,47.57
03/17/2008,823.060,49.45
03/18/2008,806.230,48.43
03/19/2008,819.350,49.22
03/23/2008,825.490,49.59
03/24/2008,826.780,49.66
03/25/2008,824.990,49.55
03/26/2008,821.800,49.36
03/27/2008,819.640,49.23
03/30/2008,823.410,49.45
03/31/2008,833.560,50.07
04/01/2008,833.830,50.08
04/02/2008,834.400,50.12
04/03/2008,835.360,50.17
04/06/2008,836.740,50.25
04/07/2008,836.720,50.25
04/08/2008,836.120,50.21
04/09/2008,838.120,50.33
04/10/2008,834.080,50.09
04/13/2008,834.850,50.13
04/14/2008,836.460,50.23
04/15/2008,841.340,50.52
04/16/2008,840.690,50.48
04/17/2008,839.810,50.43
04/20/2008,839.890,50.43
04/21/2008,836.090,50.20
04/22/2008,838.560,50.35
04/23/2008,841.890,50.55
04/24/2008,844.720,50.72
04/27/2008,845.390,50.75
04/28/2008,843.880,50.66
04/29/2008,843.240,50.62
04/30/2008,850.560,51.06
05/01/2008,852.880,51.20
05/04/2008,851.900,51.14
05/05/2008,854.170,51.28
05/06/2008,849.440,50.99
05/07/2008,851.860,51.13
05/08/2008,850.280,51.04
05/11/2008,855.550,51.35
05/12/2008,856.220,51.39
05/13/2008,857.810,51.49
05/14/2008,859.150,51.57
05/15/2008,857.090,51.44
05/18/2008,857.500,51.46
05/19/2008,853.460,51.22
05/20/2008,845.820,50.76
05/21/2008,848.310,50.90
05/22/2008,840.050,50.40
05/26/2008,845.170,50.71
05/27/2008,847.880,50.87
05/28/2008,851.980,51.12
05/29/2008,853.760,51.23
06/01/2008,847.200,50.83
06/02/2008,843.630,50.61
06/03/2008,843.650,50.61
06/04/2008,856.880,51.41
06/05/2008,835.130,50.09
06/08/2008,836.410,50.17
06/09/2008,834.840,50.07
06/10/2008,821.240,49.25
06/11/2008,824.100,49.42
06/12/2008,836.510,50.17
06/15/2008,836.640,50.17
06/16/2008,831.030,49.83
06/17/2008,823.000,49.35
06/18/2008,826.310,49.55
06/19/2008,814.210,48.81
06/22/2008,815.480,48.89
06/23/2008,814.700,48.84
06/24/2008,818.380,49.06
06/25/2008,802.340,48.09
06/26/2008,800.690,47.99
06/29/2008,802.620,48.10
06/30/2008,805.390,48.27
07/01/2008,792.660,47.50
07/02/2008,794.050,47.58
07/06/2008,788.350,47.23
07/07/2008,801.800,48.05
07/08/2008,784.170,46.98
07/09/2008,789.760,47.32
07/10/2008,781.010,46.79
07/13/2008,774.110,46.37
07/14/2008,765.780,45.86
07/15/2008,785.090,47.03
07/16/2008,794.580,47.47
07/17/2008,794.650,47.60
07/20/2008,796.100,47.69
07/21/2008,802.390,48.07
07/22/2008,803.640,48.14
07/23/2008,794.450,47.59
07/24/2008,797.640,47.78
07/27/2008,789.210,47.26
07/28/2008,801.610,48.01
07/29/2008,807.000,48.34
07/30/2008,802.950,48.09
07/31/2008,801.970,48.03
08/03/2008,798.460,47.82
08/04/2008,810.130,48.52
08/05/2008,811.740,48.62
08/06/2008,807.340,48.35
08/07/2008,813.840,48.74
08/10/2008,814.820,48.80
08/11/2008,813.550,48.72
08/12/2008,814.330,48.77
08/13/2008,815.690,48.85
08/14/2008,818.240,49.00
08/17/2008,811.150,48.57
08/18/2008,806.680,48.30
08/19/2008,811.050,48.56
08/20/2008,813.470,48.71
08/21/2008,819.830,49.09
08/24/2008,809.110,48.44
08/25/2008,811.990,48.61
08/26/2008,817.440,48.94
08/27/2008,824.930,49.39
08/28/2008,818.050,48.98
09/01/2008,815.990,48.85
09/02/2008,816.080,48.85
09/03/2008,795.240,47.59
09/04/2008,799.020,47.82
09/07/2008,813.140,48.67
09/08/2008,788.320,47.17
09/10/2008,803.990,48.11
09/11/2008,805.050,48.18
09/14/2008,768.720,45.98
09/15/2008,782.190,46.79
09/16/2008,745.440,44.57
09/17/2008,777.910,46.53
09/18/2008,808.600,48.38
09/21/2008,791.390,47.34
09/22/2008,783.060,46.84
09/23/2008,780.960,46.97
09/24/2008,792.080,47.38
09/25/2008,792.790,47.42
09/28/2008,735.090,43.93
09/29/2008,770.790,46.09
09/30/2008,769.920,46.03
10/01/2008,742.140,44.35
10/02/2008,734.370,43.88
10/05/2008,706.620,42.20
10/06/2008,666.780,39.79
10/07/2008,659.410,39.35
10/08/2008,609.410,36.32
10/09/2008,602.330,35.89
10/12/2008,672.200,40.12
10/13/2008,668.580,39.90
10/14/2008,608.290,36.25
10/15/2008,634.190,37.82
10/16/2008,632.960,37.74
10/19/2008,656.550,39.16
10/20/2008,648.400,38.67
10/21/2008,618.740,36.88
10/22/2008,625.130,37.26
10/23/2008,608.300,36.24
10/26/2008,598.240,35.63
10/27/2008,641.620,38.26
10/28/2008,636.650,37.95
10/29/2008,647.640,38.62
10/30/2008,655.080,39.07
11/03/2008,661.010,39.42
11/04/2008,672.740,40.13
11/05/2008,658.420,39.26
11/06/2008,636.550,37.94
11/07/2008,652.720,38.92
11/10/2008,649.500,38.72
11/11/2008,639.990,38.15
11/12/2008,612.850,36.49
11/13/2008,648.030,38.63
11/14/2008,627.210,37.37
11/17/2008,613.610,36.55
11/18/2008,620.550,36.97
11/19/2008,583.370,34.72
11/20/2008,544.390,32.36


*Past performance is not indicative of future results.