Business & Finance
Business and Finance
Business and Finance
Tue, August 3, 2010
Mon, August 2, 2010 
LISLE, Ill.--([ BUSINESS WIRE ])--[ TS&W/Claymore Tax-Advantaged Balanced Fund ] (aTYWa or the aFunda) (NYSE: [ TYW ]) a closed-end management investment company, announced that it is increasing its quarterly dividend by 11.11% to $0.20 per share, effective with its September 2010 dividend. The increased dividend compares to the $0.18 per share for the last quarterly dividend and represents a distribution rate of 7.79% based upon the closing market price of $10.27 on July 30, 2010.
The Funda™s tax-advantaged distribution rate on closing market price, as of July 30, 2010, was 11.28%. The tax-advantaged distribution rate is calculated based upon the 35% federal income tax bracket and assumes the 2009 tax characterization of dividends. There can be no assurance that this characterization is indicative of future allocations nor that this distribution rate will be achieved in the future.
| Average Annual Return (as of 6/30/10) | 1-Year | 3-Year | 5-Year | ||||||||||||
| TYW Market Price | 29.39 | % | -5.28 | % | 1.12 | % | |||||||||
| TYW NAV | 24.13 | % | -6.57 | % | 0.08 | % | |||||||||
| S&P 500 Index1 | 14.43 | % | -9.79 | % | -0.79 | % | |||||||||
The aforementioned returns assume reinvestment of dividends. Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. The investment return and principal value of an investment will fluctuate with changes in market conditions and other factors so that an investor's shares, when sold, may be worth more or less than their original cost. All returns for periods longer than one year are annualized.1S&P 500 Index - Standard and Poora™s 500 Index is a capitalization-weighted index of 500 stocks. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries and is not intended to represent the Funda™s benchmark. It is not possible to invest directly in an index.
The September 2010 dividend will be paid on September 30, 2010 to shareholders of record as of September 15, 2010 with an ex-dividend date of September 13, 2010.
For additional commentary, news, portfolio holdings and other regularly updated information, please visit the Funda™s website at [ www.claymore.com/TYW ].
Claymore Advisors, LLC (an affiliate of [ Claymore Securities, Inc. ]) serves as Investment Adviser to the Fund. [ Claymore Securities, Inc. ] 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), Claymore often leads its peers with creative investment strategy solutions. In total, Claymore entities provide supervision, management, or servicing on approximately $15.3 billion in assets as of June 30, 2010. Claymore Securities, Inc. 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, 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.
SMC Fixed Income Management, LP serves as an Investment Sub-Adviser to the Fund andis responsible for the day-to-day management of the municipal securities portion of the Fund. SMC uses both bottom-up and top-down analysis in constructing portfolios.
[ Thompson, Siegel & Walmsley LLC ] (aTS&Wa) serves as an Investment Sub-Adviser to the Fund and is responsible for the day-to-day management of the equity and income securities portion of the Fund. TS&W was founded in 1969 and provides investment management services to corporations, pension and profit-sharing plans, 401(k) and thrift plans, trusts, estates and other institutions and individuals. As of March 31, 2010, TS&W had approximately $7.9 billion in assets under management.
This information does not represent an offer to sell securities of the Fund and it is not soliciting an offer to buy securities of the Fund. There can be no assurance that the Fund will achieve its investment objectives. The net asset value of the Fund 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. Past performance is not indicative of future performance. An investment in the Fund is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to: Investment Risk, Market Discount Risk, Interest Rate Risk, Credit Risk, Lower-Grade and Unrated Securities Risk, Leverage Risk, Issuer Risk, Country Risk, Prepayment Risk, Reinvestment Risk, Derivatives Risk, Inflation/Deflation Risk, Management Risk, Turnover Risk, Anti-Takeover Provisions, Smaller Company Risk, and Market Disruption, Geopolitical Risk and AMPS Risk.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.
Member FINRA/SIPC (8/10)
NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE
