Flaherty & Crumrine Preferred Portfolio Series 20

matured

Deposit Date: 10/9/2009
Non-Reoffered Date: 12/18/2009
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 (18387G612) 0.06% 0.85% 4.54% 38.03% 4.46% 4.41% 7.09% 6.53%
Without Transactional Sales Charge (18387G638) 2.01% 2.99% 8.21% 44.46% 8.14% 5.99% 8.07% 7.48%
Distributions Received in Cash
With Transactional Sales Charge (18387G604) 0.02% 0.71% 1.26% 22.21% 1.16% 1.61% 4.53% 4.01%
Without Transactional Sales Charge (18387G620) 1.96% 2.84% 4.82% 27.90% 4.72% 3.15% 5.48% 4.95%

Benchmark

   
ICE BofA Hybrid Preferred Securities 2.88% 4.21% 13.03% 49.69% 12.81% 7.03% 8.67% 8.24%
to
Deposit Date: 10/9/2009
Non-Reoffered Date: 12/18/2009
Termination Date: 11/12/2014

Performance

between

Trust

Cumulative Total Return1 Average Annual Total Return2
Distributions Reinvested    
With Transactional Sales Charge (18387G612) 38.03% 6.53%
Without Transactional Sales Charge (18387G638) 44.46% 7.48%
Distributions Received in Cash    
With Transactional Sales Charge (18387G604) 22.21% 4.01%
Without Transactional Sales Charge (18387G620) 27.90% 4.95%

Benchmark

   
ICE BofA Hybrid Preferred Securities 49.69% 8.24%