NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS
To be held on September 27, 2017
(a) | With Respect to each of AVK and AGC: To elect the following Trustee nominees named in the accompanying proxy statement: Mr. Daniel L. Black and Mr. Michael A. Smart, as Class II Trustees, to serve until the Trust’s 2020 annual meeting of shareholders or until their respective successors shall have been elected and qualified; |
(b) | With Respect to LCM: To elect the following Trustee nominees named in the accompanying proxy statement: Mr. Daniel L. Black and Mr. Michael A. Smart, as Class I Trustees, to serve until the Trust’s 2020 annual meeting of shareholders or until their respective successors shall have been elected and qualified. |
By order of the | |
Board of each Trust | |
Edward C. Delk, Secretary of each Trust |
August 24, 2017
PROXY STATEMENT
TO BE HELD ON SEPTEMBER 27, 2017
The Shares of each Trust are listed on the New York Stock Exchange (“NYSE”), and each Trust’s Agreement and Declaration of Trust and the rules of the NYSE require each Trust to hold an annual meeting of shareholders to elect Trustees each fiscal year. |
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• What proposal will be voted on?
To elect Trustees in the following manner: |
1. | With Respect to each of AVK and AGC: To elect the Trustee nominees named in this Proxy Statement: Mr. Daniel L. Black and Mr. Michael A. Smart, as Class II Trustees, to serve until the Trust’s 2020 annual meeting of shareholders or until their respective successors shall have been elected and qualified; and |
2. | With Respect to LCM: To elect the Trustee nominees named in this Proxy Statement: Mr. Daniel L. Black and Mr. Michael A. Smart, as Class I Trustees, to serve until the Trust’s 2020 annual meeting of shareholders or until their respective successors shall have been elected and qualified. |
Yes! Your vote is important and could make a difference in the governance of the Trust(s), no matter how many shares you own. |
The enclosed proxy card is solicited by the Board of each Trust for use at the Annual Meeting to be held on Wednesday, September 27, 2017, and, if the Annual Meeting is adjourned, postponed or delayed, at any later meetings, for the purposes stated in the Notice of Joint Annual Meeting. |
The Board unanimously recommends that you vote “FOR” each of the nominees of the Board of your Trust. |
The Board has reviewed the qualifications and backgrounds of the Board’s nominees for each Trust and believes that they are experienced in overseeing investment companies and are familiar with the Trusts, their investment strategies and operations and the investment advisor and investment manager of the Trusts. The Board has approved the nominees named in this Proxy Statement and believes their election is in your best interests as shareholders. |
Shareholders of record of each Trust at the close of business on August 15, 2017 (the “Record Date”) are entitled to be present and to postponements or delays thereof. Each Share is entitled |
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to one vote on the Proposal on which holders of those Shares are entitled to vote. Shares represented by duly executed proxies will be voted in accordance with your instructions. |
Whether or not you plan to attend the Annual Meeting, we urge you to complete, sign, date, and return the enclosed proxy card in the postage-paid envelope provided or vote via telephone or the Internet so your Shares will be represented at the Annual Meeting. Instructions regarding how to vote (via telephone or the Internet) are included on the enclosed proxy card. The required control number for Internet and telephone voting is printed on the enclosed proxy card. The control number is used to match proxy cards with shareholders’ respective accounts and to ensure that, if multiple proxy cards are executed, Shares are voted in accordance with the proxy card bearing the latest date. |
If you wish to attend the Annual Meeting and vote in person, you will be able to do so. If you intend to attend the Annual Meeting in person and you are a record holder of a Trust’s Shares, in order to gain admission you must show photographic identification, such as your driver’s license. If you intend to attend the Annual Meeting in person and you hold your Shares through a bank, broker or other custodian, in order to gain admission you must show photographic identification, such as your driver’s license, and satisfactory proof of ownership of Shares of a Trust, such as your voting instruction form (or a copy thereof) or broker’s statement indicating ownership as of a recent date. If you hold your Shares in a brokerage account or through a bank or other nominee, you will not be able to vote in person at the Annual Meeting unless you have previously requested and obtained a “legal proxy” from your broker, bank or other nominee and present it at the Annual Meeting. You may contact the Trusts at (800) 345-7999 to obtain directions to the site of the Annual Meeting. |
All Shares represented by properly executed proxies received prior to the Annual Meeting will be voted at the Annual Meeting in accordance with the instructions marked thereon or otherwise as provided therein. If you sign the proxy card, but don’t fill in a vote, your Shares will be voted in accordance with the Boards’ recommendation. If any other business is brought before the Annual Meeting, your Shares will be voted at the proxies’ discretion. |
Shareholders who execute proxy cards or record their voting instructions via telephone or the Internet may revoke them at any time before they are voted by filing with the Secretary of the Trusts a written notice of revocation, by delivering (including via telephone or |
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the Internet) a duly executed proxy bearing a later date or by attending the Annual Meeting and voting in person. Merely attending the Annual Meeting, however, will not revoke any previously submitted proxy. |
Broker-dealer firms holding Shares of a Trust in “street name” for the benefit of their customers and clients will request the instructions of such customers and clients on how to vote their Shares on the proposal before the Annual Meeting. The Trusts understand that, under the rules of the NYSE, such broker-dealer firms may for certain “routine” matters, without instructions from their customers and clients, grant discretionary authority to the proxies designated by the Board to vote if no instructions have been received prior to the date specified in the broker-dealer firm’s request for voting instructions. The proposal is a “routine” matter and beneficial owners who do not provide proxy instructions or who do not return a proxy card may have their Shares voted by broker dealer firms in favor of the proposal. A properly executed proxy card or other authorization by a beneficial owner of Shares that does not specify how the beneficial owner’s Shares should be voted on the proposal may be deemed an instruction to vote such Shares in favor of the proposal. Broker-dealers who are not members of the NYSE may be subject to other rules, which may or may not permit them to vote your Shares without instruction. We urge you to provide instructions to your broker or nominee so that your votes may be counted. |
The affirmative vote of a majority of the Shares present in person or represented by proxy and entitled to vote on the matter at the Annual Meeting at which a quorum is present is necessary to elect a Trustee nominee. |
The Trusts have similar proposals and it is cost-efficient to have a joint proxy statement and joint annual meeting. In the event that any shareholder present at the Annual Meeting objects to the holding of a joint meeting and moves for the adjournment of his or her Trust’s meeting to a time immediately after the Annual Meeting so that each Trust’s meeting may be held separately, the persons named as proxies will vote in favor of such adjournment. Shareholders of each Trust will vote separately on the respective proposal relating to their Trust. In any event, an unfavorable vote on any proposal by the shareholders of one Trust will not affect the implementation of such Proposal by another Trust if the proposal is approved by the shareholders of that Trust. |
At the close of business on August 15, 2017, the shares outstanding for each Trust were as follows: |
Name | Shares Outstanding | |
AVK | 23,580,877 | |
AGC | 32,196,876 | |
LCM | 9,182,041 |
(a) | With Respect to each of AVK and AGC: To elect the Trustee nominees named in this Proxy Statement: Mr. Daniel L. Black and Mr. Michael A. Smart, as Class II Trustees, to serve until the Trust’s 2020 annual meeting of shareholders or until their respective successor shall have been elected and qualified. |
(b) | With Respect to LCM: To elect the Trustee nominees named in this Proxy Statement: Mr. Daniel L. Black and Mr. Michael A. Smart, as Class I Trustees, to serve until the Trust’s 2020 annual meeting of shareholders or until their respective successors shall have been elected and qualified. |
AVK (www.guggenheiminvestments.com/avk),
AGC (www.guggenheiminvestments.com/agc) and
LCM (www.guggenheiminvestments.com/lcm).
Trustees | ||||
Other Public | ||||
Number of | Company or | |||
Portfolios in | Investment | |||
the Advent | Company | |||
Name, | Position | Fund Complex | Directorships Held | |
Address(1) and | Held with | Principal Occupation | Overseen by | During Past |
Year of Birth | Trust | During The Past Five Years | Trustee | Five Years |
INTERESTED TRUSTEE: | ||||
Tracy V. Maitland* | Trustee, | President and Chief Investment Officer | 3 | None. |
Year of birth: 1960 | Chairman, | of Advent Capital Management, LLC, | ||
President and | which he founded in June 2001. Prior to | |||
Chief | June 2001, President of Advent | |||
Executive | Capital Management, a division of | |||
Officer(2) | Utendahl Capital. | |||
INDEPENDENT TRUSTEES: | ||||
Derek Medina | Trustee(2) | Senior Vice President, Business | 3 | None. |
Year of birth: 1966 | Affairs at ABC News (2008-present). | |||
Vice President, Business Affairs and | ||||
News Planning at ABC News | ||||
(2003-2008). Formerly, Executive | ||||
Director, Office of the President at | ||||
ABC News (2000-2003). Former | ||||
Associate at Cleary Gottlieb Steen | ||||
& Hamilton (law firm) (1995-1998). | ||||
Former associate in Corporate Finance | ||||
at J.P. Morgan/Morgan Guaranty | ||||
(1988-1990). | ||||
Ronald A. Nyberg | Trustee(2) | Partner, Momkus McCluskey | 3 | Trustee, of funds in the |
Year of birth: 1953 | Roberts, LLC (2016-present). | Guggenheim Funds | ||
Formerly, Partner of Nyberg & | Fund Complex(4). | |||
Cassioppi, LLC, a law firm | Edward-Elmhurst | |||
specializing in corporate law, | Healthcare System | |||
estate planning and business | (2012 – present). | |||
transactions (2000-2016); | ||||
Executive Vice President, | ||||
General Counsel and Corporate | ||||
Secretary of Van Kampen | ||||
Investments (1982-1999). |
* | “Interested Person” of each Trust as defined in the 1940 Act. Mr. Maitland is an interested person due to his relationship with Advent. |
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(table continued from previous page) | ||||
Other Public | ||||
Number of | Company or | |||
Portfolios in | Investment | |||
the Advent | Company | |||
Name, | Position | Fund Complex | Directorships Held | |
Address(1) and | Held with | Principal Occupation | Overseen by | During Past |
Year of Birth | Trust | During The Past Five Years | Trustee | Five Years |
INDEPENDENT TRUSTEES: | ||||
Gerald L. Seizert | Trustee(2) | Chief Executive Officer of Seizert | 3 | Beaumont Hospital |
Year of birth: 1952 | Capital Partners, LLC (2000-present). | (2012-present). | ||
Trustee, University of Toledo | ||||
Endowment Fund (2013-present). | ||||
Formerly, Co-Chief Executive | ||||
(1998-1999) and a Managing Partner | ||||
and Chief Investment Officer-Equities | ||||
of Munder Capital Management, | ||||
LLC (1995-1999). Former Vice | ||||
President and Portfolio Manager of | ||||
Loomis, Sayles & Co., L.P. (asset | ||||
manager) (1984-1995). Former | ||||
Vice President and Portfolio | ||||
Manager at First of America Bank | ||||
(1978-1984). | ||||
Michael A. Smart | Trustee(2) | Managing Partner, CSW Private | 3 | President & Chairman, |
Year of birth: 1960 | Equity LLC (2003-present); Managing | Board of Directors, | ||
Partner, Herndon Equity | Berkshire Blanket | |||
Partners LLC (July 2014-July 2016). | Holdings, Inc. | |||
Formerly, Principal, First Atlantic | (2006-2016); President | |||
Capital Ltd., (2001-2004). | and Chairman, Board of | |||
Formerly, a Managing Director in | Directors, Sqwincher | |||
Investment Banking-The Private Equity | Holdings (2006-2016); | |||
Group (1995-2001) and a Vice President | Board of Directors, | |||
in Investment Banking-Corporate | Sprint Industrial | |||
Finance (1992-1995) at Merrill | Holdings (2007-present); | |||
Lynch & Co. Founding Partner of | Vice Chairman, Board of | |||
The Carpediem Group, a private | Directors, National | |||
placement firm (1991-1992). Former | Association of | |||
Associate at Dillon, Read and Co. | Investment Companies | |||
(investment bank) (1988-1990). | (“NAIC”) (2010- | |||
present). Trustee, New | ||||
Rochelle Police | ||||
Foundation | ||||
(2007-present). | ||||
Member, Investment | ||||
Advisory Group of the | ||||
Public Company | ||||
Accounting Oversight | ||||
Board (“PCAOB”) | ||||
(2016-present). | ||||
Daniel L. Black | Trustee(3) | Managing Partner, the Wicks Group | 3 | None |
Year of birth: 1960 | of Cos., LLC (2003-present). | |||
Formerly, Managing Director and | ||||
Co-head of the Merchant Banking | ||||
Group at BNY Capital Markets, a | ||||
division of BNY Mellon (1998-2003). |
(table continued from previous page) | ||||
Other Public | ||||
Number of | Company or | |||
Portfolios in | Investment | |||
the Advent | Company | |||
Name, | Position | Fund Complex | Directorships Held | |
Address(1) and | Held with | Principal Occupation | Overseen by | During Past |
Year of Birth | Trust | During The Past Five Years | Trustee | Five Years |
Randall C. Barnes | Trustee(3) | Private Investor (2001-present). | 3 | Trustee, of funds in the |
Year of birth: 1951 | Formerly, Senior Vice President, | Guggenheim Funds | ||
Treasurer, PepsiCo, Inc. | Fund Complex(5). | |||
(1993-1997). President, Pizza Hut | Trustee, Purpose | |||
International (1991-1993) and Senior | Investment Funds | |||
Vice President, Strategic Planning and | (2014-present). | |||
New Business Development of | ||||
PepsiCo, Inc. (1987-1990). |
(1) | The business address of each current Trustee is c/o Advent Capital Management, LLC, 888 Seventh Avenue, 31st Floor New York, NY 10019. |
(2) | Trustee since commencement of operation of each Trust. |
(3) | Trustee of LCM and AVK since September 20, 2005. Trustee of AGC since commencement of AGC’s operations. |
(4) | As of July 31, 2017, Mr. Nyberg oversees 98 portfolios in the Guggenheim Funds Fund Complex. The funds in the Guggenheim Funds Fund Complex are overseen by multiple boards of trustees. |
(5) | As of July 31, 2017, Mr. Barnes oversees 96 portfolios in the Guggenheim Funds Fund Complex. The funds in the Guggenheim Funds Fund Complex are overseen by multiple boards of trustees. |
Trustee Experiences, Qualifications, and Skills
Trustee | Experiences, Qualifications and Skills |
Tracy V. Maitland | Mr. Maitland’s service as a Trustee of each Trust and his experience as President and Chief Investment Officer of Advent Capital Management, LLC provides him with experience in financial, accounting, regulatory, governance and investment matters, with particular experience and practical business knowledge in the investment management industry. |
Derek Medina | Mr. Medina’s service as a Trustee of each Trust, his experience as Senior Vice President at ABC News, and his professional training and prior experience as an attorney at a law firm and a financial services firm provides him with experience in financial, regulatory, investment, legal and governance matters. |
Ronald A. Nyberg | Mr. Nyberg’s service as a Trustee of each Trust, and his professional training and experience as an attorney and partner of a law firm and at an asset management firm provides him with experience in financial, regulatory, legal, investment management and governance matters. |
Gerald L. Seizert | Mr. Seizert’s service as a Trustee of each Trust, and his service at various asset management firms, including serving as CEO and as a board member, provides him with experience in financial, accounting, regulatory, governance, capital markets and investment matters. |
Michael A. Smart | Mr. Smart’s service as a Trustee of each Trust, and as a board member, managing partner and employee of various financial and operating companies provides him with experience in financial, accounting, regulatory, governance, investment banking, private equity and investment matters. |
Daniel L. Black | Mr. Black’s service as a Trustee and as a past board member for a variety of organizations including information, education and media businesses and his long career of holding leadership positions in general management, commercial banking and credit, investment banking, private equity and mezzanine investing provides him with experience in financial, accounting, regulatory, governance and investment matters. |
Randall C. Barnes | Mr. Barnes’s service as a Trustee of each Trust, his executive employment experience at various global food and beverage companies, and his personal investment experience, provides him with experience in financial, accounting, regulatory, governance and investment matters. |
Term of | |||
Position | Office(2) and | ||
Name, Address(1) | Held | Length | |
and Year | with | of Time | Principal Occupation |
of Birth | The Trusts | Served | During the Past Five Years |
Edward C. Delk | Chief | Since 2012 | General Counsel and Chief Compliance Officer, |
Year of birth: | Compliance | Advent Capital Management, LLC (2012-present). | |
1968 | Officer | Formerly, Assistant General Counsel and Chief | |
and | Compliance Officer, Insight Venture Management, | ||
Secretary | LLC (2009-2012). Associate General Counsel, | ||
TIAA-CREF (2008-2009). Principal, Legal | |||
Department, The Vanguard Group, Inc. | |||
(2000-2008). | |||
Tony Huang | Vice | Since 2014 | Current: Vice President, Co-Portfolio Manager and |
Year of birth: | President | Analyst, Advent Capital Management, LLC (2007- | |
1976 | and | present). Formerly, Senior Vice President, | |
Assistant | Portfolio Manager and Analyst, Essex Investment | ||
Secretary | Management (2001-2006); Vice President, | ||
Analyst, Abacus Investments (2001); Vice | |||
President, Portfolio Manager, M/C Venture | |||
Partners (2000-2001); Associate, Fidelity | |||
Investments (1996-2000). | |||
Robert White | Chief | Since 2005 | Chief Financial Officer, Advent Capital |
Year of birth: | Financial | Management, LLC (2005-present). Previously, | |
1967 | Officer and | Vice President, Client Service Manager, Goldman | |
Treasurer | Sachs Prime Brokerage (1997-2005). |
(1) | The business address of each officer of the Fund is c/o Advent Capital Management, LLC, 888 Seventh Avenue, 31st Floor New York, NY 10019. |
(2) | Officers serve at the pleasure of the Board and until his or her successor is appointed and qualified or until his or her earlier resignation or removal. |
Board Committees
- | The name of the shareholder and evidence of the person’s ownership of shares of the applicable Trust(s), including the number of shares owned and the length of time of ownership; and |
- | The name of the recommended candidate, the candidate’s resume or a listing of his or her qualifications to be a Trustee of the Trust(s) and the person’s consent to be named as a Trustee if selected by the Nominating and Governance Committee and nominated by the Board. |
Aggregate | |||||||
Dollar | |||||||
Range of | |||||||
Equity | |||||||
Securities | |||||||
Beneficially | |||||||
Owned by | |||||||
Dollar | Dollar | Dollar | Trustees | ||||
Range of | Range of | Range of | in the | ||||
Common | Equity | Common | Equity | Common | Equity | Advent | |
Name of Trustee or | Shares of | Securities | Shares of | Securities | Shares of | Securities | Fund |
Trustee Nominee | AVK Owned | In AVK | AGC Owned | In AGC | LCM Owned | In LCM | Complex |
INTERESTED TRUSTEE: | |||||||
Over | Over | Over | Over | ||||
Tracy V. Maitland(3) | 16,137 | $100,000 | 570,000 | $100,000 | 50,000 | $100,000 | $100,000 |
INDEPENDENT TRUSTEES: | |||||||
$10,001- | $10,001- | $10,001- | $50,001- | ||||
Randall C. Barnes | 2,381 | $50,000 | 5,700 | $50,000 | 3,828 | $50,000 | $100,000(1) |
$50,001- | $10,001- | $10,001- | Over | ||||
Daniel Black | 4,235 | $100,000 | 6,789 | $50,000 | 4,567 | $50,000 | $100,000 |
$10,001- | $10,001- | $10,001- | $50,001- | ||||
Derek Medina | 1,150 | $50,000 | 2,370 | $50,000 | 1,800 | $50,000 | $100,000 |
$10,001- | $10,001- | $10,001- | Over | ||||
Ronald A. Nyberg | 2,147 | $50,000 | 4,841 | $50,000 | 3,980 | $50,000 | $100,000(2) |
Over | Over | Over | Over | ||||
Gerald L. Seizert | 54,487 | $100,000 | 98,453 | $100,000 | 53,252 | $100,000 | $100,000 |
$10,001- | $10,001- | $10,001- | $50,001- | ||||
Michael A. Smart | 1,250 | $50,000 | 3,200 | $50,000 | 2,500 | $50,000 | $100,000 |
(1) | The aggregate dollar range of equity securities overseen by Mr. Barnes in the Guggenheim Funds Fund Complex (including the Trusts) as of July 31, 2017 was over $100,000. |
(2) | The aggregate dollar range of equity securities overseen by Mr. Nyberg in the Guggenheim Funds Fund Complex (including the Trusts) as of July 31, 2017 was over $100,000. |
(3) | Includes Shares owned by Advent. Mr. Maitland may be deemed to indirectly beneficially own Shares owned by Advent by virtue of his control of Advent. |
As of July 31, 2017, the Trusts’ officers beneficially owned equity securities of the Trusts in the following amounts:
Common | Common | Common | |
Shares of | Shares of | Shares of | |
Name of Officer | AVK Owned | AGC Owned | LCM Owned |
Edward C. Delk | 0 | 0 | 0 |
Tony Huang | 100 | 10,000 | 5,000 |
Robert White | 0 | 0 | 0 |
Total | ||||
Compensation | ||||
Name of | Compensation | Compensation | Compensation | From the Advent |
Board Member | From AVK | From AGC | From LCM | Fund Complex |
INTERESTED TRUSTEE: | ||||
Tracy V. Maitland | $0 | $0 | $0 | $0 |
INDEPENDENT TRUSTEES: | ||||
Derek Medina | $27,500 | $27,500 | $27,500 | $82,500 |
Ronald A. Nyberg | $29,000 | $29,000 | $29,000 | $87,000(1) |
Gerald L. Seizert | $29,000 | $29,000 | $29,000 | $87,000 |
Michael A. Smart | $27,500 | $27,500 | $27,500 | $82,500 |
Daniel L. Black | $31,500 | $31,500 | $31,500 | $94,500 |
Randall C. Barnes | $27,500 | $27,500 | $27,500 | $82,500(2) |
(1) | Mr. Nyberg’s total compensation from the Guggenheim Funds Fund Complex (including the Trusts) was $444,000 during the Trusts’ most recently completed fiscal year. |
(2) | Mr. Barnes’s total compensation from the Guggenheim Funds Fund Complex (including the Trusts) was $364,000 during the Trusts’ most recently completed fiscal year. |
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AVK | |||
Shareholder Name | |||
& Address | Class of Shares | Share Holdings | Percentage Owned |
First Trust Portfolios L.P.(1) | Common | 1,596,156 | 6.77% |
First Trust Advisors L.P. | |||
The Charger Corporation | |||
120 E. Liberty Drive | |||
Wheaton, IL 60187 | |||
Saba Capital Management, L.P.(2) | Common | 2,625,329 | 11.1% |
405 Lexington Ave., 58th Floor | |||
New York, NY 10174 | |||
RiverNorth Capital Management, LLC (3) | Common | 1,835,716 | 5.70% |
325 N. LaSalle Street, Suite 645 | |||
Chicago, IL 60654 |
(1) | Based on information obtained from a Schedule 13G/A filed with the U.S. Securities & Exchange Commission on January 23, 2017. |
(2) | Based on information obtained from Schedule 13D/A filed with the U.S. Securities & Exchange Commission on May 2, 2017. |
(3) | Based on information obtained from a Schedule 13D/A filed with the U.S. Securities & Exchange Commission on February 14, 2017. |
AGC
Shareholder Name | |||
& Address | Class of Shares | Share Holdings | Percentage Owned |
Saba Capital Management, L.P.(4) | Common | 5,192,780 | 16.1% |
405 Lexington Ave., 58th Floor | |||
New York, NY 10174 | |||
First Trust Portfolios L.P.(5) | Common | 1,933,024 | 6.00% |
First Trust Advisors L.P. | |||
The Charger Corporation | |||
120 E. Liberty Drive | |||
Wheaton, IL 60187 |
(4) | Based on information obtained from Schedule 13D/A filed with the U.S. Securities & Exchange Commission on May 2, 2017. |
(5) | Based on information obtained from a Schedule 13G/A filed with the U.S. Securities & Exchange Commission on January 24, 2017. |
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LCM | |||
Shareholder Name | |||
& Address | Class of Shares | Share Holdings | Percentage Owned |
Saba Capital Management, L.P.(6) | Common | 468,641 | 5.10% |
405 Lexington Ave., 58th Floor | |||
New York, NY 10174 | |||
Western Investment LLC(7) | Common | 760,408 | 5.6% |
Western Investment Hedged | |||
Partners L.P. | |||
Western Investment Total Return | |||
Partners L.P | |||
Benchmark Plus Institutional | |||
Partners, L.L.C. | |||
Benchmark Plus Management, L.L.C. | |||
P.O. Box 71279 | |||
Salt Lake City, UT 84171 | |||
RiverNorth Capital Management, LLC(8) | Common | 681,375 | 5.01% |
325 N. LaSalle Street, Suite 645 | |||
Chicago, IL 60654 |
(6) | Based on information obtained from Schedule 13D filed with the U.S. Securities & Exchange Commission on July 20, 2017. |
(7) | Based on information obtained from Schedule 13D/A filed with the U.S. Securities & Exchange Commission on May 15, 2017. |
(8) | Based on information obtained from Schedule 13G filed with the U.S. Securities & Exchange Commission on February 14, 2017. |
Section 16(a) Beneficial Ownership Reporting Compliance
IT IS IMPORTANT THAT PROXIES BE VOTED PROMPTLY. | |
EVERY SHAREHOLDER'S VOTE IS IMPORTANT. | |
PROXY TABULATOR | |
P.O. BOX 9112 | To vote by Internet |
FARMINGDALE, NY 11735 | |
1) Read the Proxy Statement and have the proxy card below at hand. | |
2) Go to website www.proxyvote.com | |
3) Follow the instructions provided on the website. | |
To vote by Telephone | |
1) Read the Proxy Statement and have the proxy card below at hand. | |
2) Call 1-800-690-6903 | |
3) Follow the instructions. | |
To vote by Mail | |
1) Read the Proxy Statement. | |
2) Check the appropriate boxes on the proxy card below. | |
3) Sign and date the proxy card. | |
4) Return the proxy card in the envelope provided. | |
IF CONVENIENT, PLEASE UTILIZE ONE OF THE VOTING OPTIONS | |
ABOVE SO THAT YOUR VOTE WILL BE RECEIVED BEFORE | |
SEPTEMBER 27, 2017. |
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: | ||
E32194-P96459 | KEEP THIS PORTION FOR YOUR RECORDS | |
DETACH AND RETURN THIS PORTION ONLY |
ADVENT CLAYMORE CONVERTIBLE SECURITIES AND INCOME FUND II | ||||||
1. | Election of Trustees: | |||||
Class II Nominees: | ||||||
For | Against | Abstain | ||||
1a. | Mr. Daniel L. Black | ☐ | ☐ | ☐ | ||
1b. | Mr. Michael A. Smart | ☐ | ☐ | ☐ | ||
2. | To transact such other business as may properly come before the Annual Meeting or any adjournments, postponements, or delays thereof. | |||||
Please complete, sign and date hereon and promptly return the proxy in the enclosed envelope. Please date and sign here exactly as your name appears in the records of the Fund. If the shares are held jointly, each holder should sign. When signing as an attorney, executor, administrator, trustee, guardian, officer of a corporation or other entity or in any other representative capacity, please give the full title under signature(s). |
Signature [PLEASE SIGN WITHIN BOX] | Date | Signature [Joint Owners] | Date |
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting:
The Proxy Statement is available at www.proxyvote.com.
E32195-P96459
The annual meeting of shareholders of Advent Claymore Convertible Securities and Income Fund II (the "Fund") will be held at the offices of the Fund's counsel, Skadden, Arps, Slate, Meagher & Flom LLP, 4 Times Square, 38th Floor, New York, New York 10036, on Wednesday, September 27, 2017 at 10:00 a.m. Eastern time (the "Annual Meeting"). The undersigned hereby appoints each of Edward C. Delk, Robert White, and Mark E. Mathiasen and each of them or their respective designees, with full power of substitution and revocation, as proxies to represent and to vote all shares of the undersigned at the Annual Meeting and all adjournments, postponements, or delays thereof, with all powers the undersigned would possess if personally present, upon the matters specified on the reverse side. SHARES REPRESENTED BY THIS PROXY WILL BE VOTED AS DIRECTED. IF NO DIRECTION IS INDICATED AS TO THE PROPOSAL, THE PROXIES SHALL VOTE FOR SUCH PROPOSAL. THE PROXIES MAY VOTE AT THEIR DISCRETION ON ANY OTHER MATTER WHICH MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS, POSTPONEMENTS, OR DELAYS THEREOF. PLEASE SIGN AND DATE ON THE REVERSE SIDE. |
IT IS IMPORTANT THAT PROXIES BE VOTED PROMPTLY. | |
EVERY SHAREHOLDER'S VOTE IS IMPORTANT. | |
PROXY TABULATOR | |
P.O. BOX 9112 | To vote by Internet |
FARMINGDALE, NY 11735 | |
1) Read the Proxy Statement and have the proxy card below at hand. | |
2) Go to website www.proxyvote.com | |
3) Follow the instructions provided on the website. | |
To vote by Telephone | |
1) Read the Proxy Statement and have the proxy card below at hand. | |
2) Call 1-800-690-6903 | |
3) Follow the instructions. | |
To vote by Mail | |
1) Read the Proxy Statement. | |
2) Check the appropriate boxes on the proxy card below. | |
3) Sign and date the proxy card. | |
4) Return the proxy card in the envelope provided. | |
IF CONVENIENT, PLEASE UTILIZE ONE OF THE VOTING OPTIONS | |
ABOVE SO THAT YOUR VOTE WILL BE RECEIVED BEFORE | |
SEPTEMBER 27, 2017. |
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: | ||
E32196-P96459 | KEEP THIS PORTION FOR YOUR RECORDS | |
DETACH AND RETURN THIS PORTION ONLY |
ADVENT CLAYMORE CONVERTIBLE SECURITIES AND INCOME FUND | ||||||
1. | Election of Trustees: | |||||
Class II Nominees: | ||||||
For | Against | Abstain | ||||
1a. | Mr. Daniel L. Black | ☐ | ☐ | ☐ | ||
1b. | Mr. Michael A. Smart | ☐ | ☐ | ☐ | ||
2. | To transact such other business as may properly come before the Annual Meeting or any adjournments, postponements, or delays thereof. | |||||
Please complete, sign and date hereon and promptly return the proxy in the enclosed envelope. Please date and sign here exactly as your name appears in the records of the Fund. If the shares are held jointly, each holder should sign. When signing as an attorney, executor, administrator, trustee, guardian, officer of a corporation or other entity or in any other representative capacity, please give the full title under signature(s). |
Signature [PLEASE SIGN WITHIN BOX] | Date | Signature [Joint Owners] | Date |
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting:
The Proxy Statement is available at www.proxyvote.com.
E32197-P96459
The annual meeting of shareholders of Advent Claymore Convertible Securities and Income Fund (the "Fund") will be held at the offices of the Fund's counsel, Skadden, Arps, Slate, Meagher & Flom LLP, 4 Times Square, 38th Floor, New York, New York 10036, on Wednesday, September 27, 2017 at 10:00 a.m. Eastern time (the "Annual Meeting"). The undersigned hereby appoints each of Edward C. Delk, Robert White, and Mark E. Mathiasen and each of them or their respective designees, with full power of substitution and revocation, as proxies to represent and to vote all shares of the undersigned at the Annual Meeting and all adjournments, postponements, or delays thereof, with all powers the undersigned would possess if personally present, upon the matters specified on the reverse side. SHARES REPRESENTED BY THIS PROXY WILL BE VOTED AS DIRECTED. IF NO DIRECTION IS INDICATED AS TO THE PROPOSAL, THE PROXIES SHALL VOTE FOR SUCH PROPOSAL. THE PROXIES MAY VOTE AT THEIR DISCRETION ON ANY OTHER MATTER WHICH MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS, POSTPONEMENTS, OR DELAYS THEREOF. PLEASE SIGN AND DATE ON THE REVERSE SIDE. |
IT IS IMPORTANT THAT PROXIES BE VOTED PROMPTLY. | |
EVERY SHAREHOLDER'S VOTE IS IMPORTANT. | |
PROXY TABULATOR | |
P.O. BOX 9112 | To vote by Internet |
FARMINGDALE, NY 11735 | |
1) Read the Proxy Statement and have the proxy card below at hand. | |
2) Go to website www.proxyvote.com | |
3) Follow the instructions provided on the website. | |
To vote by Telephone | |
1) Read the Proxy Statement and have the proxy card below at hand. | |
2) Call 1-800-690-6903 | |
3) Follow the instructions. | |
To vote by Mail | |
1) Read the Proxy Statement. | |
2) Check the appropriate boxes on the proxy card below. | |
3) Sign and date the proxy card. | |
4) Return the proxy card in the envelope provided. | |
IF CONVENIENT, PLEASE UTILIZE ONE OF THE VOTING OPTIONS | |
ABOVE SO THAT YOUR VOTE WILL BE RECEIVED BEFORE | |
SEPTEMBER 27, 2017. |
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: | ||
E32198-P96459 | KEEP THIS PORTION FOR YOUR RECORDS | |
DETACH AND RETURN THIS PORTION ONLY |
ADVENT/CLAYMORE ENHANCED GROWTH & INCOME FUND | ||||||
1. | Election of Trustees: | |||||
Class I Nominees: | ||||||
For | Against | Abstain | ||||
1a. | Mr. Daniel L. Black | ☐ | ☐ | ☐ | ||
1b. | Mr. Michael A. Smart | ☐ | ☐ | ☐ | ||
2. | To transact such other business as may properly come before the Annual Meeting or any adjournments, postponements, or delays thereof. | |||||
Please complete, sign and date hereon and promptly return the proxy in the enclosed envelope. Please date and sign here exactly as your name appears in the records of the Fund. If the shares are held jointly, each holder should sign. When signing as an attorney, executor, administrator, trustee, guardian, officer of a corporation or other entity or in any other representative capacity, please give the full title under signature(s). |
Signature [PLEASE SIGN WITHIN BOX] | Date | Signature [Joint Owners] | Date |
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting:
The Proxy Statement is available at www.proxyvote.com.
E32199-P96459
The annual meeting of shareholders of Advent/Claymore Enhanced Growth & Income Fund (the "Fund") will be held at the offices of the Fund's counsel, Skadden, Arps, Slate, Meagher & Flom LLP, 4 Times Square, 38th Floor, New York, New York 10036, on Wednesday, September 27, 2017 at 10:00 a.m. Eastern time (the "Annual Meeting"). The undersigned hereby appoints each of Edward C. Delk, Robert White, and Mark E. Mathiasen and each of them or their respective designees, with full power of substitution and revocation, as proxies to represent and to vote all shares of the undersigned at the Annual Meeting and all adjournments, postponements, or delays thereof, with all powers the undersigned would possess if personally present, upon the matters specified on the reverse side. SHARES REPRESENTED BY THIS PROXY WILL BE VOTED AS DIRECTED. IF NO DIRECTION IS INDICATED AS TO THE PROPOSAL, THE PROXIES SHALL VOTE FOR SUCH PROPOSAL. THE PROXIES MAY VOTE AT THEIR DISCRETION ON ANY OTHER MATTER WHICH MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS, POSTPONEMENTS, OR DELAYS THEREOF. PLEASE SIGN AND DATE ON THE REVERSE SIDE. |