There can be no assurance that the Fund will achieve its investment objective. The value of the Fund will fluctuate with
the value of the underlying securities. Historically, closed-end funds often trade at a discount to their net asset value.

NOT FDIC-INSURED           NOT BANK-GUARANTEED           MAY LOSE VALUE

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not constitute a solicitation to buy, or an offer to sell securities. ©2007 Claymore Securities, Inc.