CHART KEY: Yield is updated on a daily basis. Average yields (as of 06/23/10, close) are as follows: Diversified Energy 4.5%, Energy Distribution 5.2%, Natural Resource 3.7%, Communications 4.8%, Ute Tech 0.3%, Water 3.5%, Foreign Communications 5.3% and Foreign Utilities 4.8%. Value Index is the expected price-to-earnings ratio for 2010 divided by the sum of the five-year growth rate and dividend yield. Lower numbers can indicate better values. Averages are as follows: Diversified Energy 1.31, Energy Distribution 1.55, Natural Resource 15.53, Communications 1.36, Utility Technology 1.17, Water 1.90, Foreign Communications 1.11 and Foreign Utilities 1.34. Fuel Cost Change, in percentage terms, is shown for Diversified Energy (1.8% average) and Energy Distribution (10.2% average). Production Growth is shown for Natural Resource (6.5% average). Revenue Generating Unit Growth is shown for Communications (24.2% average). Research and Development Growth as a percentage of revenue is shown for Ute Tech (34.5% average).  Water Expense Change, or growth in purchased water costs, is shown for Water (3.1% average). Operating Margin (operating income as a percent of revenue) is shown for Foreign Communications (22.2% average) and Foreign Utilities (19.3% average). Guidance shows whether a company is still meeting the expectations it stated at the beginning of 2010 (Same), has raised its earnings guidance (Higher) or reduced it (Lower). Most have either met or raised their guidance thus far. The UF Safety Rating is based on eight financial, operating and regulatory criteria: (1) payout ratio greater than 0 percent but less than 80 percent; (2) no dividend cuts in at least the last 10 years, showing ability to weather tough times; (3) less than 10 percent of earnings from unregulated operations, ensuring consistency of earnings despite economic ups and downs; (4) S&P bond rating of BBB- (stable) or higher, ensuring an investment grade balance sheet that’s likely to avoid a downgrade; (5) falling interest expense in last reporting period, showing a balance sheet that’s improving; (6) good regulatory relations, with diversity and/or demonstrated cooperation with officials in key states or federal agencies, (7) fuel cost exposure neutral or positive (for energy) and free cash flow positive for other groups; and (8) projected profit growth of at least 5 percent, enabling earnings and dividends to beat inflation and buck the worst of any future rise in interest rates. Criteria vary slightly from sector to sector to allow for differences in fundamentals. One point is awarded for each criterion met. To find the rating, add the number of criteria met. For example, a utility meeting five criteria has a “5” rating. “8” is highest (safest), “0” is lowest (riskiest). Type of Utility: “R” denotes companies whose businesses are all or nearly all regulated and are therefore steady in all environments in the way of traditional utilities. “D” indicates a diversified utility, which combines regulated with unregulated operations. “M” denotes a merchant utility, with all or almost all revenue coming from volatile unregulated businesses. “T” stands for transitioning utility, companies that are dumping their unregulated operations to refocus on regulated ones. M- and T-rated companies are generally riskiest. Comment: Major factor affecting earnings and dividends. Advice: What to do now. Investors can continue participating in DRIP plans of stocks rated hold provided their UF rating is at least 5.