Advent Capital Management, LLC
Advent Capital Management, LLC ("Advent") is a registered investment advisor, based in New York, which specializes in convertible and high-yield securities for institutional and individual investors. The firm was established in 1995 by a former Director in the Convertible Securities Sales & Trading division of Merrill Lynch. Advent's investment discipline is credit-driven and risk-averse while seeking to maximize total return. Additional information can be found at adventcap.com.
CLAYMORE INVESTMENT OPTIONS
Closed-End Funds
Cutwater Asset Management
Cutwater Asset Management (“Cutwater”), is based in Armonk, New York and was created in 1991 to provide fixed-income investment products and services to institutional and retail clients. The firm specializes in the management of fixed-income securities and provides expertise in investment-grade municipal bond investing. Cutwater is a wholly-owned subsidiary of MBIA, Inc., which is listed on the New York Stock Exchange and is a component stock of the S&P 500 Index. Additional information can be found at cutwater.com.
CLAYMORE INVESTMENT OPTIONS
Closed-End Funds
Fiduciary Asset Management, LLC
Fiduciary Asset Management, LLC ("FAMCO") manages a wide range of equity, hedged equity (covered call portfolios), Master Limited Partnerships (MLPs) and fixed-income portfolios. FAMCO manages client assets for public and corporate pension plans, endowments and foundations, Taft-Hartley plans, closed-end funds and private wealth individuals. FAMCO is 100% owned by Piper Jaffray Investment Management, Inc. (PJIM), a wholly owned subsidiary of Piper Jaffray Companies. Additional information can be found at fiduciaryasset.com.
CLAYMORE INVESTMENT OPTIONS
Closed-End Funds
Flaherty & Crumrine Incorporated
Flaherty & Crumrine Incorporated ("Flaherty & Crumrine") was formed in 1983 with the express intention of managing portfolios of preferred securities for institutional investors. The firm has experience dating back to 1991 in managing leveraged and hedged preferred securities funds. Through its experience in the preferred securities markets, Flaherty & Crumrine has developed the expertise necessary to implement the portfolio and interest rate management strategies necessary in seeking to obtain the highest sustainable income. Additional information can be found at flaherty-crumrine.com.
CLAYMORE INVESTMENT OPTIONS
Unit Investment Trusts
Closed-End Funds
Guggenheim Partners Asset Management, LLC
Guggenheim Partners Asset Management, LLC is a wholly owned subsidiary of Guggenheim Partners, LLC, a diversified financial services firm. The firm provides capital markets services, portfolio and risk management expertise, wealth management, investment advisory and family office services. Clients are an elite mix of individuals, family offices, endowments, foundations, insurance companies and other institutions that have entrusted Guggenheim with the supervision of more than $100 billion of assets. The firm provides clients service from a global network of offices throughout the Americas, Europe, and Asia. More info can be found at guggenheimpartners.com.
CLAYMORE INVESTMENT OPTIONS
Closed-End Funds
Madison Investment Advisors
Madison Asset Management LLC is a subsidiary of Madison Investment Advisors, Inc. Since 1974, Madison Investment Advisors, Inc. has served investment management clients with a sound blend of investment philosophy and process, disciplined thinking and a spirit of independence. Madison and its subsidiaries manage fixed-income portfolios, risk-sensitive equity accounts and personalized balanced portfolios. Madison Investment Advisors, Inc. is a 100% employee-owned firm, with offices in Madison, Wisconsin and Scottsdale, Arizona. Madison's Mosaic Family of Mutual Funds features six equity and seven fixed-income funds, as well as another closed-end fund, the Madison Strategic Sector Premium Fund. In 2003 Concord Asset Management of Chicago joined the Madison Investment Advisors family. Concord specializes in custom-tailored separate account management for high-net worth and institutional investors in the greater Chicago area. In 2009, Madison Asset Management became the investment advisor to the MEMBERS Mutual Fund family of approximately 15 funds and Ultra Series Fund family of approximately 19 funds that serve as funding vehicles to variable annuity products. CUNA Mutual Insurance Society acquired a non-voting interest in Madison Asset Management, LLC on July 1, 2009.
CLAYMORE INVESTMENT OPTIONS
Closed-End Funds