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    Bob Carey
Chief Investment Officer
Market Commentary & Analysis
    Brian Wesbury
Chief Economist
Economic Research and Advisory Information
    Jeff Margolin
Closed-End Fund Analyst
Closed-End Fund Commentary
Factoid of the Day Tuesday, March 9, 2010
According to Kiplinger, the average tax refund in 2009 was $2,800.  History suggests that 2010 refunds should be slightly higher.   This means, on average, taxpayers who are receiving refunds are letting the IRS take at least $233 more out of their paychecks than what the government is due. Kiplinger says a way to fix this problem would be to file a revised W-4 with your employer. Claiming more “allowances” on your W-4 leads to less tax being withheld from your paycheck.

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The Train Kept a Rolling

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Greater China, 21 3/9/2010
Senior Loan & Limited Duration Plus Closed-End, 3 3/9/2010
Strategic Income Advantage Select Closed-End, 20 3/9/2010
Corporate High Income, 2 3/10/2010
Global Agriculture, 12 3/11/2010
Global Commodities, 11 3/11/2010
Natural Gas, 5 3/11/2010
Weak Dollar Plus, 2 3/11/2010
Equity Income, 25 3/12/2010
Global Hard Assets, 3 3/12/2010
Strategic Income Plus Closed-End, 19 3/12/2010
New Jersey Municipal Income Closed-End, 23 3/16/2010
Preferred Income, 35 3/16/2010
Smartphone, 1 3/16/2010
Build America Bonds, 7 3/17/2010
Market Strength Allocation Plus, 2 3/19/2010
Technology Select, 35 3/19/2010
Balanced Income Select, 15 3/23/2010
Tax-Advantaged Municipal Closed-End, 9 3/23/2010
Convertible & Income Select Closed-End, 22 3/24/2010
Investment Grade Select Closed-End, 17 3/25/2010
Covered Call Select Closed-End, 19 3/26/2010
Municipal Income Plus Closed End, 7 3/26/2010
Dow® Target 10, April 2010 4/1/2010
Dow® Target 5, 2nd Qtr 2010 4/1/2010
Dow® Target Dividend, April 2010 4/1/2010
Global Target 15, 2nd Qtr 2010 4/1/2010
Income Allocation Closed-End, April 2010 4/1/2010
MSCI EAFE Target 20 , 2nd Qtr 2010 4/1/2010
Nasdaq® Target 15, 2nd Qtr 2010 4/1/2010
NYSE® International Target 25, 2nd Qtr 2010 4/1/2010
S&P Target 24, 2nd Qtr 2010 4/1/2010
S&P Target SMid 60, 2nd Qtr 2010 4/1/2010
Target 50/50, 2nd Qtr 2010 4/1/2010
Target Diversified Dividend, 2nd Qtr 2010 4/1/2010
Target Dividend Multi-Strategy, 2nd Qtr 2010 4/1/2010
Target Double Play, 2nd Qtr 2010 4/1/2010
Target Focus Five, 2nd Qtr 2010 4/1/2010
Target Focus Four, April 2010 4/1/2010
Target Growth, 2nd Qtr 2010 4/1/2010
Target Mega-Cap 2nd Qtr 2010 4/1/2010
Target Small-Cap, 2nd Qtr 2010 4/1/2010
Target Triad, April 2010 4/1/2010
Target VIP Conservative Equity, 2nd Qtr 2010 4/1/2010
Target VIP, April 2010 4/1/2010
Value Line® Diversified Target 40, 2nd Qtr 2010 4/1/2010
Value Line® Target 25, 2nd Qtr 2010 4/1/2010
International, 22 4/5/2010
Large-Cap, 22 4/5/2010
SMid-Cap, 5 4/5/2010
Municipal Income Closed-End, 35 4/6/2010
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