Avalon Capital Management’s BlackRock Taxable Municipal Bond Trust BBN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-26,889	Closed	-$544K	–	95
2014 Q1	$544K	Sell	26,889 -76,305	-74%	-$1.54M	0.44%	76
2013 Q4	$1.98M	Buy	103,194 +64,744	+168%	+$1.24M	1.67%	15
2013 Q3	$723K	Buy	+38,450	New	+$723K	0.71%	42