From Nuveen

Phyllis G. Thomas, CFA

Senior Managing Director
Chair. Investment Oversight Committee
Portfolio Manager

Prior to joining NWQ in 1990, Phyllis held the position of Vice President and Senior Portfolio Manager with The Boston Company where she managed institutional portfolios for three years. Previous to this, she spent seven years at Beneficial Standard Investment Management Company as a Senior Portfolio Manager for the company’s equity funds and outside advisory accounts.

Phyllis graduated from Northern Illinois University and received her M.B.A. from the University of California at Los Angeles. She earned the designation of Chartered Financial Analyst in 1979. Phyllis is a past president of the Los Angeles Society of Financial Analysts, co-chairman of the FIM-West Conference and past chairman of the Long Range Planning Committee. She is also a member of the CFA Institute.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information does not take into account the specific objectives or circumstances of any investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her advisors. All investments involve risk and there is no assurance that an investment will provide positive performance over any period of time. There is no assurance that downside protection will be achieved.

NWQ Investment Management Company, LLC

2049 Century Park East, Suite 1600 Los Angeles, CA, 90067

(310) 712-4000
(310) 712-4100 (fax)