Closed-End National Municipal Portfolio Series 16

matured

Deposit Date: 11/2/2009
Non-Reoffered Date: 4/21/2010
Termination Date: 11/12/2014

Performance

as of 11/12/2014

Trust

Cumulative Total Return1 Average Annual Total Return2
Distributions Reinvested 3 Month 6 Month YTD Since Inception 1 Year 3 Year 5 Year Since Inception
With Transactional Sales Charge (18387G737) -2.16% -1.03% 11.22% 37.97% 12.72% 4.29% 6.88% 6.61%
Without Transactional Sales Charge (18387G752) 2.42% 3.61% 16.37% 44.40% 17.94% 5.89% 7.86% 7.58%
Distributions Received in Cash
With Transactional Sales Charge (18387G729) -2.18% -1.09% 10.98% 32.82% 12.30% 3.92% 6.07% 5.80%
Without Transactional Sales Charge (18387G745) 2.40% 3.54% 16.12% 39.00% 17.50% 5.52% 7.04% 6.77%

Benchmark

   
Barclays Capital Municipal Bond 1.26% 2.78% 8.06% 28.89% 8.14% 4.69% 5.20% 5.18%
to
Deposit Date: 11/2/2009
Non-Reoffered Date: 4/21/2010
Termination Date: 11/12/2014

Performance

between

Trust

Cumulative Total Return1 Average Annual Total Return2
Distributions Reinvested    
With Transactional Sales Charge (18387G737) 37.97% 6.61%
Without Transactional Sales Charge (18387G752) 44.40% 7.58%
Distributions Received in Cash    
With Transactional Sales Charge (18387G729) 32.82% 5.80%
Without Transactional Sales Charge (18387G745) 39.00% 6.77%

Benchmark

   
Barclays Capital Municipal Bond 28.89% 5.18%