From Nuveen

Sean M. Renkly

Managing Director

Prior to joining NWQ in 2005, Sean spent five years as Head Trader for a traditional hedge fund called CapitalWorks Investment Partners. Prior to this he was a trader at a global value manager called Brandes Investment Partners and a global growth advisor of Nicholas-Applegate Capital Management in San Diego.

Sean received his B.S. in Finance and Marketing through the Carlson School of Management at the University of Minnesota, Minneapolis.

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)