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Guggenheim Gets DCS Sub-Advisor Mandate
Claymore Dividend & Income Fund board of trustees has appointed Guggenheim Partners Asset Management as a new investment sub-adviser.
Claymore Dividend & Income Fund (DCS) board of trustees has appointed Guggenheim Partners Asset Management (GPAM) as a new investment sub-adviser. The affiliate of Guggenheim Funds Investment Advisors (GFIA) will replace Manning & Napier Advisors.
The fund will seek to achieve its investment objective by utilizing an enhanced equity option strategy developed by GPAM. The board of trustees has also approved a new sub-advisory agreement between the fund, GFIA and GPAM.
Click here for the release from Business Wire.