SCHEDULE 14A

          Proxy Statement Pursuant to Section 14(a) of the Securities
                             Exchange Act of 1934

Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]

Check the appropriate box:
[ ]    Preliminary Proxy Statement.
[ ]    Confidential, for use of the Commission Only (as permitted by Rule
       14a-6(e)(2)).
[ ]    Definitive Proxy Statement.
[X]    Definitive Additional Materials.
[ ]    Soliciting Material Pursuant to sec. 240.14a-12.

     MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund

              (Name of Registrant as Specified in its Charter)


     -----------------------------------------------------------------------
    (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment Of Filing Fee (Check the appropriate box):
[X]    No fee required.
[ ]    Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

       1)     Title of each class of securities to which transaction
              applies:

       2)     Aggregate number of securities to which transaction applies:

       3)     Per unit price or other underlying value of transaction
              computed pursuant to Exchange Act Rule 0-11 (set forth the
              amount on which the filing fee is calculated and state how
              it was determined):

       4)     Proposed maximum aggregate value of transaction:

       5)     Total fee paid:

[ ]    Fee paid previously with preliminary materials.

[ ]    Check box if any part of the fee is offset as provided by Exchange
       Act Rule 0-11(a)(2) and identify the filing for which the offsetting
       fee was paid previously. Identify the previous filing by registration
       statement number, or the form or schedule and the date of its filing.

       1) Amount Previously Paid:

       2) Form, Schedule or Registration Statement No.:




                                                                            2

       3) Filing Party:

       4) Date Filed:





[COMPANY LOGO GRAPHIC OMITTED]

January 3, 2006


Shareholder Name
Shareholder Address



         RE:  Annual Meeting of MBIA Capital/Claymore Managed Duration
              Investment Grade Municipal Fund (NYSE: MZF) (the "Fund")
              --------------------------------------------------------


Dear Shareholder:

As you may know, the Fund has adjourned its annual meeting of shareholders to
January 17, 2006 for the purpose of allowing shareholders to further consider
the proposals up for vote by shareholders. According to the Fund's records,
you have yet to vote your shares, and as such, the Fund has sent to you the
enclosed proxy materials to facilitate your vote. In addition, a
representative from the Fund's servicing agent, Claymore Securities, Inc.,
will be calling you on the Fund's behalf to discuss the Fund's annual meeting
of shareholders and the proposals up for vote.

Your vote is very important and the Fund encourages you to vote your shares.
In addition, the Fund's Board of Trustees unanimously recommends that you vote
FOR all proposals described in the proxy statement for the annual meeting.

Please do not hesitate to contact either MIS, the Fund's proxy solicitor, at
877-256-6069 or Claymore Securities, Inc., the Fund's servicing agent, at
866-819-5301 with any questions you may have related to the Fund's annual
meeting or the proposals up for vote. We look forward to speaking with you.

Claymore Securities, Inc.