Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - TELECOM HOLDRS TRUST | ss95456_8k-telecom.htm |
| PROSPECTUS SUPPLEMENT |
EXHIBIT 99.1
|
| (To Prospectus dated April 15, 2010) |
REGISTRATION NO. 333-95807
|
1,000,000,000 Depositary Receipts
Telecom HOLDRS (SM) Trust
This prospectus supplement supplements information contained in the prospectus dated April 15, 2010 relating to the sale of up to 1,000,000,000 depositary receipts by the Telecom HOLDRS Trust.
The share amounts specified in the table in the “Highlights of Telecom HOLDRS” section of the base prospectus shall be replaced with the following:
|
Name of Company
|
Ticker
|
Share
Amounts
|
Primary
Trading
Market
|
||||
|
AT&T Inc.
|
T | 50.7721 |
NYSE
|
||||
|
BCE Inc.
|
BCE
|
4.5750 |
NYSE
|
||||
|
CenturyLink, Inc.
|
CTL
|
2.1374 |
NYSE
|
||||
|
Cincinnati Bell Inc.
|
CBB
|
2.0000 |
NYSE
|
||||
|
Frontier Communications Corporation(1)
|
FTR
|
5.2233 |
NYSE
|
||||
|
Level 3 Communications, Inc.
|
LVLT
|
3.0000 |
NASDAQ GS
|
||||
|
Qwest Communications International Inc.
|
Q | 12.9173 |
NYSE
|
||||
|
Special Common Shares ‘TDS’
|
TDS.S
|
1.0000 |
NYSE
|
||||
|
Sprint Nextel Corporation
|
S | 16.6050 |
NYSE
|
||||
|
Telephone and Data Systems, Inc.
|
TDS
|
1.0000 |
NYSE
|
||||
|
Verizon Communications Inc.(1)
|
VZ
|
21.7600 |
NYSE
|
||||
|
Windstream Corporation
|
WIN
|
2.0800 |
NASDAQ GS
|
||||
(1) As a result of the spin-off of Frontier Communications Corporation from Verizon Communications Inc., a component of the Telecom HOLDRS Trust, Frontier Communications Corporation was added as an underlying security of the Telecom HOLDRS Trust effective July 8, 2010. Shareholders of Verizon Communications Inc. received 0.2400397313 shares of Frontier Communications Corporation. The Bank of New York Mellon received 5.22326455308 shares of Frontier Communications Corporation for the 21.76 shares of Verizon Communications Inc. per 100 share round-lot of Telecom HOLDRS. Effective July 8, 2010, 5.22326455308 shares of Frontier Communications Corporation will be required for creations/cancellations per 100 share round-lot of Telecom HOLDRS.
The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions.
The date of this prospectus supplement is July 9, 2010.