MBIA INC - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RIVUS BOND FUND (BDF)
CIK: 0000030125
Period of Report: 2011-09-21

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-21	Shares of Beneficial Interest	S	1199	$18.45	Disposed	321606	Direct
2011-09-21	Shares of Beneficial Interest	S	1800	$18.46	Disposed	319806	Direct
2011-09-21	Shares of Beneficial Interest	S	2472	$18.47	Disposed	317334	Direct
2011-09-21	Shares of Beneficial Interest	S	100	$18.48	Disposed	317234	Direct
2011-09-21	Shares of Beneficial Interest	S	1400	$18.5	Disposed	315834	Direct
2011-09-21	Shares of Beneficial Interest	S	464	$18.505	Disposed	315370	Direct
2011-09-21	Shares of Beneficial Interest	S	100	$18.5075	Disposed	315270	Direct
2011-09-21	Shares of Beneficial Interest	S	746	$18.51	Disposed	314524	Direct
2011-09-21	Shares of Beneficial Interest	S	300	$18.515	Disposed	314224	Direct
2011-09-21	Shares of Beneficial Interest	S	2483	$18.53	Disposed	311741	Direct
2011-09-21	Shares of Beneficial Interest	S	1900	$18.54	Disposed	309841	Direct
2011-09-21	Shares of Beneficial Interest	S	136	$18.55	Disposed	309705	Direct
2011-09-22	Shares of Beneficial Interest	S	10370	$18.45	Disposed	299335	Direct
2011-09-22	Shares of Beneficial Interest	S	500	$18.4525	Disposed	298835	Direct
2011-09-22	Shares of Beneficial Interest	S	100	$18.455	Disposed	298735	Direct
2011-09-22	Shares of Beneficial Interest	S	100	$18.46	Disposed	298635	Direct
2011-09-23	Shares of Beneficial Interest	S	8000	$18.45	Disposed	290635	Direct