Guggenheim Funds Announces Election of Officers for Certain Closed-End Funds and Exchange-Traded Funds
15 Octobre 2010 - 3:45PM
Business Wire
The exchange-traded funds advised by Guggenheim Funds Investment
Advisors, LLC and certain closed-end funds advised by Guggenheim
Funds Investment Advisors, LLC or serviced by Guggenheim Funds
Distributors, Inc. (each a “Fund” and together the “Funds”)
announce the election by the respective boards of trustees of the
Funds of Mr. Kevin M. Robinson as the Chief Executive Officer of
each Fund and Mr. Bruce Albelda as the Interim Chief Financial
Officer, Interim Chief Accounting Officer and Interim Treasurer of
each Fund. Mr. Robinson succeeds Mr. J. Thomas Futrell, who
previously served as Chief Executive Officer of each Fund, and Mr.
Albelda succeeds Mr. Steven M. Hill, who previously served as Chief
Financial Officer, Chief Accounting Officer and Treasurer of each
Fund.
Mr. Robinson is Senior Managing Director, General Counsel and
Corporate Secretary of Guggenheim Funds Services Group, Inc. and
oversees the firm's legal, compliance and governance efforts. Prior
to joining Guggenheim Funds in 2007, he was most recently at NYSE
Euronext, Inc., from 2000 to 2007, where he served as Associate
General Counsel for its Corporate Practice Group. He previously
worked at ABN Amro Inc., where he was responsible for corporate and
regulatory matters, and he served as Senior Counsel in the
Enforcement Division of the U.S. Securities and Exchange
Commission. Mr. Robinson earned a J.D. from the University of Iowa
College of Law, and a B.A. from Coe College. He is a member of the
American Bar Association, the American Corporate Counsel
Association and the Society of Corporate Secretaries and Governance
Professionals. Mr. Robinson has served, and will continue to serve,
as Chief Legal Officer of the Funds. He also serves as a Trustee on
MZF.
Mr. Albelda is Senior Managing Director and Chief Financial
Officer of Guggenheim Funds Services Group, Inc. and Claymore
Investments, Inc. and oversees all aspects of the firm’s finances.
Prior to joining Guggenheim Funds in 2007, he was most recently a
Consultant for Concentric Equity Partners. He previously worked as
Chief Financial Officer for Cantata Technology from 2003 to 2006 as
well as Chief Financial Officer for Airslide Systems. from 2001 to
2003. He earned an M.B.A. in Finance from the Wharton School of
Business and graduated Cum Laude from Williams College with a B.A.
in Economics. Mr. Albelda is Series 27 licensed with FINRA.
The Funds include all exchange-traded funds in Claymore
Exchange-Traded Fund Trust and Claymore Exchange-Traded Fund Trust
2 and the following closed-end funds advised by Guggenheim Funds
Investment Advisors, LLC or serviced by Guggenheim Funds
Distributors, Inc.:
DCS Claymore Dividend & Income Fund
FMO Fiduciary/Claymore MLP Opportunity Fund
GOF Claymore/Guggenheim Strategic Opportunities Fund
GPM Guggenheim Enhanced Equity Income Fund
MCN Madison/Claymore Covered Call & Equity Strategy Fund
MZF Managed Duration Investment Grade Municipal Fund
TYW TS&W/Claymore Tax-Advantaged Balanced Fund
Guggenheim Funds Distributors, Inc. (“Guggenheim Funds
Distributors”) offers strategic investment solutions for financial
advisors and their valued clients. As an innovator in
exchange-traded funds (ETFs), unit investment trusts (UITs) and
closed-end funds (CEFs), Guggenheim Funds Distributors often leads
its peers with creative investment strategy solutions. Guggenheim
Funds Distributors and its affiliates provide supervision,
management or servicing of assets with a commitment to consistently
delivering exceptional service. Guggenheim Funds Distributors is a
wholly-owned subsidiary of Guggenheim Partners, LLC, a global,
diversified financial services firm with more than $100 billion in
assets under supervision. Guggenheim Partners, LLC, through its
affiliates, provides investment management, investment advisory,
insurance, investment banking, and capital markets services. The
firm is headquartered in Chicago and New York with a global network
of offices throughout the United States, Europe, and Asia.
This information does not represent an offer to sell securities
of the Funds and it is not soliciting an offer to buy securities of
the Funds. An investment in any investment product is subject to
certain risks and other considerations, including the possible loss
of the entire principal amount you invest. There can be no
assurance that any investment product will achieve its investment
objectives. An investment in non-U.S. issuers involves risks that
are in addition to the risks associated with domestic issuers; and
therefore, may be subject to additional currency, political,
economic, and market risks. The net asset value of the Funds will
fluctuate with the value of the underlying securities. It is
important to note that closed-end funds trade on their market
value, not net asset value, and closed-end funds often trade at a
discount to their net asset value.
Investors should carefully consider the investment objectives
and policies, risk considerations, charges and ongoing expenses of
any investment product before investing. The prospectus
contains this and other relevant information. Please read the
prospectus carefully before you invest. To obtain a prospectus,
please contact a securities representative Guggenheim Funds
Distributors, Inc., 2455 Corporate West Drive, Lisle, Illinois
60532, 800-345-7999.
Member FINRA/SIPC (10/10)
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