MBIA INC — Director's Dealing 2011

Oct 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RIVUS BOND FUND (BDF)
CIK: 0000030125
Period of Report: 2011-09-29

Reporting Person: MBIA INC (Parent of Inv. Adv. See Foot.1)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-29	Shares of Beneficial Interest	S	8504	$18.25	Disposed	253931	Direct
2011-09-29	Shares of Beneficial Interest	S	400	$18.255	Disposed	253531	Direct
2011-09-29	Shares of Beneficial Interest	S	1696	$18.26	Disposed	251835	Direct
2011-09-29	Shares of Beneficial Interest	S	100	$18.265	Disposed	251735	Direct
2011-09-29	Shares of Beneficial Interest	S	500	$18.3	Disposed	251235	Direct
2011-09-29	Shares of Beneficial Interest	S	100	$18.32	Disposed	251135	Direct
2011-09-29	Shares of Beneficial Interest	S	100	$18.34	Disposed	251035	Direct
2011-09-30	Shares of Beneficial Interest	S	5500	$18.25	Disposed	245535	Direct
2011-09-30	Shares of Beneficial Interest	S	100	$18.255	Disposed	245435	Direct
2011-09-30	Shares of Beneficial Interest	S	400	$18.26	Disposed	245035	Direct
2011-09-30	Shares of Beneficial Interest	S	500	$18.27	Disposed	244535	Direct
2011-09-30	Shares of Beneficial Interest	S	100	$18.275	Disposed	244435	Direct
2011-09-30	Shares of Beneficial Interest	S	3400	$18.28	Disposed	241035	Direct
2011-09-30	Shares of Beneficial Interest	S	800	$18.29	Disposed	240235	Direct
2011-09-30	Shares of Beneficial Interest	S	3450	$18.3	Disposed	236785	Direct
2011-09-30	Shares of Beneficial Interest	S	350	$18.305	Disposed	236435	Direct
2011-09-30	Shares of Beneficial Interest	S	600	$18.31	Disposed	235835	Direct
2011-09-30	Shares of Beneficial Interest	S	700	$18.33	Disposed	235135	Direct
2011-09-30	Shares of Beneficial Interest	S	100	$18.34	Disposed	235035	Direct
2011-10-03	Shares of Beneficial Interest	S	6873	$18.25	Disposed	228162	Direct
2011-10-03	Shares of Beneficial Interest	S	2500	$18.26	Disposed	225662	Direct
2011-10-03	Shares of Beneficial Interest	S	1100	$18.27	Disposed	224562	Direct
2011-10-03	Shares of Beneficial Interest	S	2827	$18.28	Disposed	221735	Direct
2011-10-03	Shares of Beneficial Interest	S	800	$18.285	Disposed	220935	Direct
2011-10-03	Shares of Beneficial Interest	S	1600	$18.29	Disposed	219335	Direct
2011-10-03	Shares of Beneficial Interest	S	100	$18.295	Disposed	219235	Direct
2011-10-03	Shares of Beneficial Interest	S	1400	$18.3	Disposed	217835	Direct
2011-10-03	Shares of Beneficial Interest	S	100	$18.32	Disposed	217735	Direct