Claymore Securities, Inc. announces the availability of its quarterly Closed-End Fund Market Update for the second quarter of 2009. This update, along with information regarding all of Claymore's closed-end funds, can be obtained at www.claymore.com/cef.

This information does not represent an offer to sell any of Claymore's closed-end funds and it is not soliciting an offer to buy said securities. There can be no assurance that any of Claymore's closed-end funds will achieve its investment objective. The net asset value of a 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.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of each Fund carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, IL 60532, 800-345-7999.

Member FINRA/SIPC 7/09

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

Press and Analyst Inquiries: William T. Korver Claymore Securities, Inc. cefs@claymore.com 630-505-3700

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