Nuveen Investments Inc.

Mr. Schwertfeger has been Chairman and Chief Executive of the Company and its various subsidiaries since 1996. He also serves as Chairman of the Nuveen Investments Funds.

Michael G. Mayfield, President - Chief Investment Officer joined Santa Barbara Asset Management in 1995 from NatWest Markets in New York, where he led the structuring and initial funding for The Scudder Latin American Trust for Independent Power, now known as Latin Power. Mr. Mayfield also was with Drexel Burnham Lambert where he founded and managed Drexel's Special Equity Transaction Department. He earned a BS in Business Administration/Finance & Business Economics from the University of Southern California in 1984.

Mr. Stenwall is responsible for managing all investment related activities for the institutional fixed income team. The team consists of portfolio managers that specialize in investment-grade, high-yield, mortgage, asset-backed, global fixed-income, and currency markets. Prior to joining Nuveen Asset Management in 2004, Mr. Stenwall served as the Fixed Income CIO for Banc of America Capital Management where he supervised a team of 80 investment professionals that managed over $170 billion in fixed income assets. From 1995 through 1997, Mr. Stenwall worked for Lazard Freres Asset Management as a senior portfolio manager. Mr. Stenwall's earlier experience includes tenure with Lehman Brothers Global Asset Management as a senior portfolio manager, and Lehman Brothers as Vice President of mortgage portfolio strategies. Mr. Stenwall earned his MBA from the Anderson Graduate School of Management at UCLA and a bachelor's degree in aeronautical engineering from Rensselaer Polytechnic Institute.

Mr. Miller supervises Nuveen’s municipal fixed-income investment activities. He also has direct responsibility for managing the Nuveen High Yield Municipal Bond Fund and other high-yield municipal funds and institutional accounts. He joined Nuveen in 1996 as a municipal credit analyst and moved into portfolio management in 2000. Mr. Miller became a managing director and head of the portfolio managers in 2006, and he became NAM’s CIO in 2007. Mr. Miller earned his B.A. in economics and political science from Duke University, an M.A. in economics from Northwestern University, and an M.B.A. with honors in finance from the University of Chicago.

John P. Waterman, Chief Investment Officer, leads the firm's investment team and portfolio management team. Prior to joining Rittenhouse Asset Management in 1993, John was Senior Vice President and Director, Advisory Services for Howard Lawson & Co. John graduated from Williams College, received his MA from the Fletcher School of Law & Diplomacy at Tufts University, and earned his MBA from the Wharton School of the University of Pennsylvania. He also studied at Doshisha University in Kyoto, Japan and Keio University in Tokyo, Japan. John is a CFA Charterholder.

Ms. Crouse joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, she served as the Chief Investment Officer; she was a member of the investment team and shared responsibility for the firm’s equity portfolio management. Prior to joining Rittenhouse, Ms. Crouse was a Portfolio Manager and Senior Vice President at Delaware Investment Advisers and a Portfolio Manager, Analyst, and Vice President at CoreStates Investment Advisers. Ms. Crouse holds a BA from Lafayette College and a MBA from the University of Pittsburgh Graduate School of Business. Ms. Crouse holds the CFA Institute Chartered Financial Analyst designation.

Stephen Ban is Chief Marketing Officer of Nuveen Investments, Inc., a global investment management firm serving the needs of individuals, financial intermediaries, investment advisors, and institutions in the US and around the world. Prior to joining Nuveen, Stephen was Vice President of Corporate Marketing for Baltimore-based T. Rowe Price. Has also served as Vice President, Director of Marketing and Communications for Aon Corporation, a Fortune 250 global integrated insurance brokerage and human resources consulting firm, Chief Marketing Officer and Director of thebizbank.com, a startup online financial resource center focused exclusively on serving the small and micro business community and as Chief Marketing Officer and Director of Investor Relations for Heller Financial, a global commercial finance company. Stephen began his marketing career in brand management at The Quaker Oats Company, then became Director of the National Features Service of The American Comedy Network, a Bridgeport, CT-based producer and syndicator of short-form radio comedy for morning radio shows. He subsequently joined Ogilvy & Mather, one of the world's largest and most respected advertising firms, where he worked in a variety of account management and creative roles. Stephen is a 1984 graduate of Princeton University with an A.B. in Economics. He is a championship singles and doubles squash player, an Ironman triathlon finisher and a competitive age group triathlete. He is also an avid musician he was a founding member of Chicago a cappella comedy group Guys In Ties, and played keyboards and guitar in Chicago rock band Dive Dive Dive. Ban's marketing experience spans in a wide variety of industries including:

Mr. Spencer joined Santa Barbara Asset Management in 2005. He was most recently a managing member of a private equity group that focused on distressed manufacturing companies. Prior to that he was a research analyst for Ocean Fund Advisors, LLC, a Santa Monica-based hedge fund, where his responsibilities included both public and private equity investments. Immediately following business school, Mr. Spencer served as a Management Consultant with KPMG Peat Marwick. He earned a BA in Political Science from Amherst College and a MS in Management from the MIT Sloan School of Management.

David Dunton is responsible for marketing Nuveen's investment solutions to advisors and their clients, which include institutional investors as well as ultra-high net worth individuals. He focuses regionally on Ohio and Michigan, and is the divisional director for the central region. Prior to joining Nuveen in 1992, Dave was a bank officer for PNC Financial Services Group. Dave earned his bachelor of arts degree in economics from The Ohio State University. He is a member of the Investment Management Consultants Association and has earned the Certified Investment Management Analyst designation through the Investment Management Consultants Association in conjunction with the Wharton School of the University of Pennsylvania.

Johanna Vogel is responsible for Nuveen's defined contribution distribution effort. Previous to this role, Johanna served as the director of managed accounts marketing, overseeing the marketing initiatives for all Nuveen subsidiaries. Prior to joining Nuveen in 2001, Johanna was a vice president and relationship manager with Morgan Stanley Dean Witter Investment Management. She served as a senior consultant at Miller Anderson & Sherrerd prior to its acquisition by Morgan Stanley. Johanna earned her bachelor of arts degree in Russian studies from the University of Pennsylvania, and her master of arts degree in government from Lehigh University.

Mr. Healey, Senior Vice President of Nuveen Investments Institutional Services Group, serves as a Sales Manager for the Registered Investment Advisor (RIA) Team. Prior to joining Nuveen in 2001, Mr. Healey held similar positions at Dresdner RCM and Ivy Mackenzie. He has over 17 years of investment industry experience, 12 of which has been dedicated to servicing the RIA market segment. Mr. Healey graduated from Northeastern University with a BS in Economics and has received a Certified Investment Management Associate (CIMA) designation from the Wharton Business School.

Ronald Macleod leads Nuveen’s relationships among family offices with assets of more than $100 million, ensuring the delivery of appropriate strategies and informational services. He joined Nuveen in 2008 after serving as managing partner of a private family office, where he specialized in real estate holdings management, family succession planning and investment policy statement development. In a prior position as senior vice president of the US Trust Family Wealth Group, Ron lead a team of specialists offering institutional asset management, alternative investments, structured products, estate services and trust services. He has also held senior positions at other leading financial institutions including Mellon Institutional, Merrill Lynch and Drexel Burnham. Ron attended the University of California at Los Angeles, and his NASD registrations include the Series 7 and 63. In addition, he is a member of the Financial Planning Association, Family Office Exchange and the Institute for Private Investors, and is a board member of Dream Foundation.

Mr. House joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, he was a Research Analyst covering the technology sector. Prior to joining Rittenhouse, he was an Analyst at Gardner Lewis Asset Management and Federated Investors. Mr. House also served as an Investment Manager and Analyst at several other financial advisory companies. Mr. House holds a BA in History from Southern Methodist University and a MBA from Duke University’s Fuqua School of Business.

Brian Engel is responsible for Nuveen’s defined contribution distribution effort. Previous to this role, Brian worked with consultants and wealth advisors providing investment manager analysis as well as client service and sales support. Prior to joining Nuveen in 2003, Brian served as an investor relations associate with Heller Financial in Chicago. Brian earned his bachelor of science degree in finance and accounting from Indiana University. He received a Certified Investment Management Analyst designation through the Investment Management Consultants Association in conjunction with the Wharton School of the University of Pennsylvania.

Ms. Steeves serves as a portfolio manager for Nuveen’s state-specific open-end municipal bond funds in the northeast and mid-Atlantic region. In addition, she manages several of Nuveen’s closed-end exchange-traded funds. She joined Nuveen in 1996 and worked as a senior analyst analyzing hospitals, nursing homes and continuing care retirement facilities. Ms. Steeves earned her undergraduate degree from Wake Forest University and her M.A., M.Phil. and Ph.D. from Columbia University.

Mr. Lopez, Assistant Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) and Financial Consultant marketplace in the Southwestern United States. Prior to joining Nuveen in 2006, Mr. Lopez worked in the Private Client Services group at Trust Company of the West (TCW) in Los Angeles. Mr. Lopez also has experience with CIBC World Markets and Morgan Stanley. Mr. Lopez earned his Bachelor of Arts degree in Economics from the University of California Los Angeles. In addition, Mr. Lopez received the Certified Investment Management Analyst (CIMA) designation from the Investment Management Consultants Association.

Mr. Leonard joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, he was a Research Analyst concentrating on the healthcare sector. Prior to joining Rittenhouse, Mr. Leonard previously worked as an Analyst at Chesapeake Partners, where he covered a number of sectors including healthcare, retail, energy and software. He also was a Healthcare Analyst at T. Rowe Price and a Research Associate covering biotechnology at Morgan Stanley and Paine Webber. Mr. Leonard earned a BS in Commerce from the University of Virginia. Mr. Leonard holds the CFA Institute Chartered Financial Analyst designation.

Mr. Fama manages separate accounts in the Southeast and co-manages the national portfolio. He also sits on the Nuveen Asset Management Investment Committee. He joined Nuveen in 1992 as a general obligation research analyst. He was subsequently promoted to senior analyst and sector manager before moving to portfolio management. Before joining Nuveen, Mr. Fama was a senior analyst at the Center for Research in Security Prices (CRSP). While with CRSP, he developed a historical database of OTC market trade and volume data as a companion to existing AMEX and NYSE databases. Mr. Fama earned his B.A. in economics at the University of Illinois and received his M.B.A. in finance and statistics from the University of Chicago.

Dimitrios Stathopoulos leads the distribution effort focusing on corporate, public and non-profit institutions and their consultants in the midwestern United States. Prior to joining the firm in 2007, Dimitri was a partner at Harris Investment Management responsible for client service and sales. Before that role, he filled similar client service and sales positions with Brinson Partners and Charles Schwab. Dimitri earned his bachelor of business administration degree as well as an MBA in finance from Loyola University Chicago. His FINRA registrations include the Series 7 and 63.

Dr. Baker received a BS from Eastern Illinois University and a BS, MS and PhD in Mechanical Engineering from the University of Illinois. He has published several papers on modeling the thermodynamic behavior of internal combustion engines and has done engine research under fixed price contracts for General Motors, Ford, AVL North America, McLaren Engines, Baker Engineering, Walt Disney World, University of Michigan, Dept. of Energy (Oak Ridge National Laboratories), and Dept. of Defense (Tank Automotive Research, Development and Engineering Center and Naval Air Warfare Research Command). He has developed and validated many proprietary software tools for doing this analysis. Doug has worked on engines since his childhood on a farm in Illinois. In 1990, he served as director over all mechanical and automotive resources of a district in Papua New Guinea. In this position, he was responsible for keeping all automotive resources operating, a challenging assignment with the minimal support services available. Dr. Baker's background combines the analytical rigor and depth of a PhD with an extensive hands-on background and the intuitive 'feel' for engines such experience provides.

Eileen J. Paul, Vice President, Client Services, Institutional group, shares responsibility for the investing, monitoring and reporting for institutional accounts. Her duties also include managing the Rittenhouse Growth Fund. She has over 13 years of experience in the investment industry. Prior to joining Rittenhouse, Eileen worked for Prudential Securities and Credit Suisse First Boston in Institutional Fixed Income Sales. She is a graduate of Muhlenberg College.

Mr. Kallberg manages separate accounts primarily in the Western states and sits on the Nuveen Asset Management Investment Committee. He joined Nuveen as a corporate accountant in 1986 and transferred to Research in 1993, gaining experience in a variety of municipal sectors. His five years of research experience provided a firm foundation for his transition to the NAM portfolio group in July 1998. Mr. Kallberg earned his B.S. in accounting and business administration from the University of Kansas and his M.B.A. in finance from DePaul University in Chicago. He is a member of the CFA Institute and the CFA Society of Chicago.

Mr. Cristiano is responsible for overseeing institutional client relationships and managing Nuveen’s institutional and separate account business. He was with Flagship Financial from 1992 until its merger with Nuveen. Prior to that he served as a financial analyst for Huffy Corporation. Mr. Cristiano received his bachelor’s degree in finance from Miami University in Ohio, and he earned his M.B.A. from the University of Dayton.

Mr. Anderson is responsible for credit analysis of tax-backed securities in the Northeast, as well as tobacco securitization bonds. He joined Nuveen in 1983 as a municipal credit analyst in the Research Department. He was named supervisor of that group in 1986 and was responsible for managing and training the analysts. From 1991 to 2002, he was a portfolio manager for Nuveen’s fixed-income unit trusts, purchasing approximately $8 billion of securities. Mr. Anderson earned his B.A. from Loyola University of Chicago and his M.B.A. in finance from DePaul University.

Mr. Gomez joined Santa Barbara Asset Management in 2006. Mr. Gomez was most recently a relationship manager with ING Investment Management's Institutional Group. Prior to that, he held positions with Oppenheimer & Co., Alliance Bernstein, and John Nuveen & Company. He is a member of the Investment Management Consultants Association. Mr. Gomez received his BA in Finance, and MBA in Financial Derivatives from Loyola University Chicago.

John Brogan is responsible for marketing Nuveen's investment solutions to advisors and their clients, which include institutional investors as well as ultra-high net worth individuals. John also works actively with family offices. He focuses regionally on the Southeastern United States and is based in Atlanta, GA. Before joining Nuveen in 2001, John served as Vice President and Director of Consulting Services with Dean Investment Associates. Prior to that role, he was a commercial loan officer with PNC Bank’s private banking division. John earned his Bachelor of Science degree in Finance from Miami University (Oxford, OH). He is a member of the Investment Management Consultants Association and has earned the Certified Investment Management Analyst designation through the Wharton School of the University of Pennsylvania. He has also earned the Accredited Investment Fiduciary professional designation and is a Level III candidate in the Chartered Financial Analyst program.

Mr. Wilhelm serves as portfolio manager of the Nuveen All American Municipal Bond Fund and co-portfolio manager for Nuveen’s high yield municipal bond funds. Prior to assuming portfolio management duties, Mr. Wilhelm led a team of five credit analysts who research industrial development bonds, utilities and real estate-backed financings. Prior to joining Nuveen in 1999, he was a senior credit analyst in the Van Kampen mutual funds and unit investment trusts where he specialized in the health care, electric utility, chemicals and paper and forest product sectors. Mr. Wilhelm earned his B.S. in business from Miami University in Ohio and his J.D. from DePaul University.

Ms. Davern oversees Nuveen Asset Management’s trading operations. She joined Nuveen Investments in 1980 and has been with Nuveen Asset Management since 1991 as a portfolio manager for various state and national money market funds. Ms. Davern earned her bachelor’s degree in business management from the University of Phoenix. She is a member of the Chicago Municipal Analysts Society.

Mr. Murphy joined Santa Barbara Asset Management in 2001. Previously he was responsible for business development, client service and asset allocation for a Pension Consulting firm. Most recently, Mr. Murphy directed the west coast institutional sales effort for a financial service start up. Mr. Murphy has a BS from California Polytechnic San Luis Obispo and an MBA in Finance from the University of Southern California. Mr. Murphy is a member of the Los Angeles Society of Financial Analysts, and has earned the AIMR Chartered Financial Analyst designation.

Mr. DeVaul joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, Mr. DeVaul was a Research Analyst covered the consumer staples and retail sectors. Prior to joining Rittenhouse, Mr. DeVaul worked as an Associate Analyst in the Equity Research Department at Salomon Smith Barney, where he focused on the food and drug retail industry. Prior to graduate school, he worked in public accounting. Mr. DeVaul earned a BS in Accounting from Liberty University in Virginia and his MBA from the University of Notre Dame. Mr. DeVaul holds the CFA Institute Chartered Financial Analyst designation and the Certified Public Accountant designation.

Mr. Hackett joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, he was a Research Analyst covering the financial and industrial sectors. Prior to joining Rittenhouse, he worked at The Vanguard Group as a Research Associate in the Fixed Income Department. Mr. Hackett earned a BS in Finance from the University of Richmond. Mr. Hackett holds the CFA Institute Chartered Financial Analyst designation.

Ms. Peterson is responsible for business development within Nuveen’s RIA Consulting Group. Prior to joining Nuveen in 2004, Ms. Peterson served as Principal in the Institutional Sales and Marketing Group at State Street Global Advisors where she was responsible for developing relationships with corporate defined benefit plans, endowments and foundations. Ms. Peterson graduated from Brown University with Bachelor of Arts degrees in Business Economics and International Relations. She is a member of the CFA Institute, the CFA Society of Chicago and has earned the Chartered Financial Analyst designation.

Michael Henderson oversees marketing efforts directed to consultants and institutional investors in Canada for Nuveen Investments Canada Co. Prior to this Institutional Services Group role, Michael managed broker/dealer, banking and sub-advisory relationships in Canada on behalf of Nuveen. Before joining the firm in 2001, Michael had senior sales and marketing roles with Merrill Lynch Canada, its predecessor firm Midland Walwyn Capital and BMO Nesbitt Burns. Michael earned his bachelor’s degree in English and philosophy from St. Michael’s College at the University of Toronto. He received a Certified Investment Management Analyst designation through the Investment Management Consultants Association in conjunction with the Wharton School of the University of Pennsylvania.

Mr. Sindici, Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) marketplace in the Northeast United States. Prior to joining Nuveen in 2005, he was a Special Agent in the Federal Bureau of Investigation (FBI) where he investigated white collar crimes to include securities, commodities and corporate fraud. Before the FBI, Mr. Sindici was a Vice President at TCW Investment Management Company where he served in a client service and marketing capacity. Mr. Sindici graduated from the University of Michigan at Ann Arbor with a Bachelor of Arts in Economics. He is a member of The CFA Institute, the CFA Society of Chicago and has earned the right to use the Chartered Financial Analyst designation.

Mr. Sheyker is responsible for managing separate accounts in the Northeast and Mid-Atlantic states and is a member of the Nuveen Asset Management Investment Committee. He has been with Nuveen since 1988 and joined the portfolio management team in 2004. Prior to this, he was a senior research analyst for three years, serving as lead analyst for the transportation and public power sectors. He also held assignments as an equity analyst and Manager of the Asset Pricing Analysis Group. Mr. Sheyker received his B.S. in finance from Illinois State University and an M.B.A. from Northern Illinois University. He maintains professional memberships in the CFA Institute and the CFA Society of Chicago.

As Director of Trading, Mike oversees trading at HydePark in addition to serving as a portfolio manager. Prior to his current role at HydePark, Mike was a Principal and Senior Quantitative Research Analyst at Harris Investment Management. During his 20 years of investment research management experience with the Harris Bank, he was involved in the development of quantitative risk models, portfolio construction, portfolio management, equity and fixed income analytical systems, and asset allocation strategies. Prior to this position, Mike was responsible for investment accounting systems at Chicago Title & Trust Company. Mike earned a bachelors degree in economics and accounting from Augustana College, and an MA in economics from Northwestern University. Mike received an MBA from the University of Chicago. He is currently serving as Immediate Past President of the CFA Society of Chicago.

Mr. Davern serves as one of Nuveen’s chief spokesmen for municipal bond investments, bringing a unique perspective as a long-time manager of municipal bond investments. With more than 23 years of investment experience, he began his municipal bond career at Fuji Bank and then Van Kampen Merritt as a senior credit analyst. He joined Nuveen as the head of Credit Research of Flagship Resources in 1992. Mr. Davern earned his undergraduate degree from Illinois Benedictine University and his master’s degree in finance from the University of Illinois. He is a member of the Chicago Municipal Analysts Society and the CFA Institute.

Michael Wolpert supports all aspects of institutional product development and management, including portfolio strategy positioning and portfolio analysis. He also assists with the development and implementation of specific strategies and products. Prior to joining Nuveen, Mike was a domestic equity consultant in the Global Manager Research Group of Callan Associates, where he was involved in the selection and due diligence of investment management firms. Mike earned a bachelor of science degree in business administration from California Polytechnic State University, San Luis Obispo.

Mieke Holkeboer supports all aspects of institutional product development and management. She is involved with developing new strategies, as well as positioning and supporting existing strategies through analysis and marketing. Prior to joining the Institutional Services Group, Mieke was a bond analyst with Nuveen's municipal team, covering high yield portfolios in higher education, charter schools and California real estate. Mieke earned a bachelor of arts degree in religion from Wellesley College, masters degrees from Yale University and University of Cape Town and a doctorate from the University of Chicago.

Mr. Rosenthal is currently the Director of Research for NAM. Prior to that, he had been head of the health care and higher education group. He has been with Nuveen since 1982 and a member of the Nuveen Asset Management team since 1986, primarily specializing in health care credit analysis. He has served as a member of the Board of the Chicago Municipal Analysts Society and as an active member of the National Federation of Municipal Analysts disclosure subcommittee on health care. Mr. Rosenthal earned his bachelor’s degree in finance from the University of Illinois and an M.B.A. in finance from Northern Illinois University.

Nyomi Cassan supports all aspects of institutional product development and management. She is involved with supporting the development of specific institutional product strategies, product materials and website content. Prior to joining the Institutional Services Group, Nyomi focused on Nuveen's recruiting efforts in Los Angeles. Nyomi earned her bachelor of arts degree in sociology, with a minor in business, from California State University, Northridge.

Mr. Brennan manages several national municipal exchange-traded closed-end funds and sits on the Nuveen Asset Management Investment Management Committee. He began his investment career in 1991 as a municipal credit analyst, then became a portfolio manager in 1994. He was with Flagship Financial when it merged with Nuveen. Prior to joining Flagship, he audited mutual funds and investments advisors as a member of Deloitte & Touche’s audit group. Mr. Brennan earned his B.S. in accountancy and finance from Wright State University. He is a member of the CFA Institute and the American Institute of Certified Public Accountants. He has been quoted in many media outlets including The Bond Buyer, Bloomberg News, Dow Jones, The Wall Street Journal, Reuters and CNBC.

Mr. Kuhn joined Santa Barbara Asset Management in 1997. His responsibilities include business development and client service for the firm. Prior to Santa Barbara Asset Management, Mr. Kuhn owned and operated a retail and wholesale business. He has also owned and operated a commercial fishing business. Mr. Kuhn attended University of California Santa Barbara and Pepperdine where he studied Business and Economics.

As Vice President and Advisor Consultant, Paul works to develop and manage sales relationships by offering consultative solutions to advisors in the Chicago and Western Suburban market. During his 13-year career with Nuveen, Paul has also served as a Wholesaler and Inside Wholesaler. Since early 2008 he assumed additional responsibilities as a member of our Institutional Private Client Group working to cultivate partnerships and build assets in the Ultra High Net Worth space. Paul received a BA in Finance from the University of Iowa and is Series 7, 63 and 65 licensed. He also holds his CIMA designation.

Ms. Carpentier supports Nuveen’s managed account program by analyzing performance and communicating about NAM’s investment process and strategy. She works closely with portfolio managers, marketing personnel, advisor consultants and financial advisors to help clients understand the complexities of the municipal bond market. Ms. Carpentier is a member of the Nuveen Asset Management Investment Committee. Prior to working in NAM, she served as an Advisor Consultant for the Western Michigan and Indiana areas. She joined Nuveen in 1999 as an Internal Advisor Services representative. Ms. Carpentier earned her bachelor’s degree in Chemical Engineering from the University of Michigan. She received her Certified Investment Management Analyst designation in 2005 and is a member of the Investment Management Consultants Association

Mr. Shah joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, he was a Research Analyst covering the energy, consumer discretionary (media and consumer services) and basic materials sectors. Prior to joining Rittenhouse, Mr. Shah was a Research Analyst at Oppenheimer Funds as part of their growth equity team. He also co-founded Lydstrom, a consumer electronics company, served as a Chief Corporate Development Officer for an informatics company and worked as a Management Consultant at Monitor Company. Mr. Shah earned a BS in Management Science from the Massachusetts Institute of Technology (MIT) and his MBA from the University of Michigan.

Mr. Norton joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, he was a Portfolio Manager and Quantitative Analyst. Prior to joining Rittenhouse, Mr. Norton was a Vice President for Delaware Investment Advisers, serving in the investment department. He began his career with Fidelity Investments and also worked for CoreStates Financial Corporation. Mr. Norton holds a BA in Economics from Union College. Mr. Norton holds the CFA Institute Chartered Financial Analyst designation.

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Mr. Marks, Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) and Financial Consultant marketplace in the Northwestern United States. Prior to joining Nuveen in 2006, Mr. Marks worked as an analyst with the Managed Account Research Center for Charles Schwab & Co. in San Francisco. Mr. Marks also has experience as a financial consultant with both Schwab and Morgan Stanley. Mr. Marks earned his Bachelor of Science degree in Finance from the California State University, Chico. In addition, Mr. Marks received the Certified Investment Management Analyst (CIMA) designation from the Investment Management Consultants Association.

Shannon Lambo is responsible for marketing Nuveen's mutual fund solutions to institutional and high net worth broker consultants. While with Nuveen, Shannon has worked with consultants and wealth advisors providing investment manager analysis, and has also supported marketing campaigns and sales efforts focused on high net worth individuals. Prior to joining Nuveen in 2002, Shannon was a sales associate with Harris Associates in West Palm Beach, Florida. Shannon earned a bachelor of science degree in economics and business administration from the University of Florida. She received a Certified Investment Management Analyst designation through the Investment Management Consultants Association in conjunction with the Wharton School of the University of Pennsylvania.

Suzanne M. Cunningham, Vice President, Portfolio Manager, Institutional group, has over 15 years of experience in the investment industry. Prior to joining Rittenhouse, Suzanne was a Vice President in The Global Securities Lending Group at Marshall & Ilsley and a Senior Consultant for Capital Resource Advisors (formerly SEI Corp.). Suzanne is a graduate of Trinity College, received her M.B.A. from Temple University and serves as Treasurer of the Leeway Foundation, Philadelphia, Pennsylvania.

Mr. Trim is responsible for research support in the single-family housing, bank, finance and insurance sectors. He joined Flagship Resources in 1992 and has been active in investment research since 1972. In 1974 at AMBAC, he aided in developing insurance capital requirements, rates, underwriting criteria and provided underwriting support for the industry in its formative years. At Van Kampen, he conceived and led the development team that developed the CRS municipal credit research data base, now used industry wide under the trade name CreditScope by Investortools. Mr. Trim earned his bachelor’s degree and M.B.A., both in finance, from Western Michigan University. He has been involved in leadership of both the Chicago Municipal Analysts Society and the National Federation of Municipal Analysts and is also an active member of the CFA Society of Chicago. He has taught classes on Public Finance at Harvard University, University of Chicago and Wright State University.

Mr. Berry covers corporate and utility credits. He has been with Nuveen since 1997. He joined Nuveen Asset Management in April 2001 after serving as a fixed-income analyst in the Defined Portfolio Investment Management Group. Mr. Berry earned his B.A., as well as a B.S. in business management, from Quincy University, and an M.B.A. in finance and economics from the University of Chicago.

Mr. Spalding has investment responsibility for municipal bond assets in national uninsured closed-end funds. He joined Nuveen in 1976 as assistant portfolio manager and has been the portfolio manager of the Nuveen Municipal Value Fund, Nuveen’s first closed-end exchange-traded fund, since inception in 1987. Mr. Spalding earned his undergraduate degree and M.B.A. from the University of Michigan. An authority on municipal bonds and bond fund investing, he has been invited to speak before audiences for organizations such as The Bond Buyer, Institutional Investor, Morningstar, Institute for International finance, Strategic Research Institute, Chicago Municipal Analysts Society and many more. He previously served on the Endowment Fund Board of Trustees for the American Red Cross.

Mr. McCarthy joined Santa Barbara Asset Management in 2003. Mr. McCarthy most recently was the managing partner of Capital Partners, LLC., an investment counseling firm located in Pasadena, California. Prior to that he was a senior vice president and partner with Van Deventer & Hoch for 14 years. He has also held the position of registered principal with Dean Witter Reynolds. He is also a member of the Los Angeles Society of Financial Analysts and the CFA Institute. Mr. McCarthy has a BS in Business Administration from the University of Redlands.

Todd Keating supports all aspects of institutional product development and management. He is involved with strategy analysis and market positioning, as well as the implementation of new strategies. Prior to joining the Institutional Services Group, Todd was responsible for quantitative analysis at the Nuveen subsidiary of Rittenhouse Asset Management. Todd earned a bachelor of mechanical engineering degree from Villanova University and an MBA in finance from Drexel University.

Mr. Folland covers corporate-backed holdings (which include the airline, forest/paper products and basic material sectors) as well as U.S. airports, investor-owned utilities in the southern United States, and special assessment and tax districts in the central, southern and northeast United States. He joined Nuveen in 1995 as a mutual fund accountant and has been with Nuveen Asset Management since 1999. Prior to joining Nuveen he spent two years as a financial planner for Waddell & Reed and worked as an assistant to the CFO of start-up Tech Company in Portland Oregon. Mr. Folland earned his B.A. in economics from Lewis & Clark College in Portland and an M.B.A. in finance from Loyola University, Chicago.

J. Thomas Futrell, CFA is Managing Director of Nuveen Asset Management's Credit Research Team. He is also a senior portfolio manager of the Nuveen All-American Fund. Tom has been in the investment business since 1983 when he joined Nuveen as a research analyst, and then became a portfolio manager in 1986. He is a board member of the Chicago Municipal Analysts Society and a member of the Municipal Bond Buyers Association. Tom earned his undergraduate degree from Wheaton College and his master's degree in business from the Northern Illinois University. He is a Chartered Financial Analyst.

John Gambla has served as a portfolio manager for HydePark since 2007. Together with Rob Guttschow, John helps oversee HydePark’s derivative-based investment strategies. John transitioned to this role from HydePark affiliate Nuveen Asset Management (NAM), where he was a senior trader and quantitative specialist. During his 16-year tenure at NAM he was responsible for trading, portfolio management, product development and fundamental and quantitative research. Prior to his career with Nuveen, he was a financial analyst with Abbott Laboratories. John earned a Bachelor of Science degree in genetics and developmental biology and a bachelor's degree in finance from the University of Illinois, as well as an MBA from the University of Chicago's Graduate School of Business. He is a Chartered Financial Analyst, Certified Financial Risk Manager, Phi Beta Kappa and is Series 7, 63 and 65-licensed.

Mary Keefe is a Managing Director and Director of Compliance for Nuveen Investments, Inc., a leading provider of diversified investment services. She was the Director of the Midwest Regional Office of the Securities and Exchange Commission for ten years from 1994 to 2003 where she managed the enforcement and examination programs with a staff of more than 200 for the SEC's office which covered the nine Midwest states. Before becoming Director, Keefe was the Associate Director, Enforcement and the Associate Director, Regulation. While at the SEC, Keefe received the SEC Chairman's Award for Excellence, the Meritorious Executive Award - a Presidential Rank Award, the Distinguished Service Award and the Supervisory Excellence Award. Keefe earned her law degree at DePaul University College of Law and her undergraduate degree at Northern Illinois University. Keefe is a member of the Chicago Finance Exchange, and served as a board member from 2001 to 2003.

Ranjit Sufi leads the institutional distribution effort focusing on corporate, public, and non-profit institutions and their consultants in the western United States. Prior to joining Nuveen, Ranjit served as a managing director at Nicholas Applegate, leading the firm's institutional client service, sales, marketing, and consultant relations efforts globally. Previous to that role, he was a principal and senior client relationship officer with Barclays Global Investors, U.S. Institutional Group. His earlier experiences include serving as director of investment management with AirTouch Communications and manager of corporate finance and capital markets with Pacific Telesis Group. Ranjit earned his bachelor of science degree in electrical engineering from California State University, Fresno, and holds an MBA in international business and finance from Pepperdine University. His FINRA registrations include the Series 7 and 63.

Mr. Boutin joined Santa Barbara Asset Management in 1996. Prior to that Mr. Boutin was employed by Centinela Hospital as director of sales and marketing of a Senior PGA Tour event which benefited a Los Angeles hospital children's foundation. Preceding this, Mr. Boutin worked in the commercial real estate field for eight years, with Coldwell Banker Commerical (now BC Richard Ellis) and Faulkner Companu, representing national retail tenants exclusively in the Los Angeles market. Mr. Boutin attended the University of Southern California with an emphasis in Urban Design & Planning.

Rob Guttschow has served as a portfolio manager for HydePark since 2007. Together with John Gambla, Rob helps oversee HydePark’s derivative-based investment strategies. Prior to transitioning to HydePark, Rob was a managing director and portfolio manager for HydePark affiliate Nuveen Asset Management (NAM) for 4 years, and was responsible for developing and implementing derivatives-based investment strategies. Prior to joining NAM, for 10 years Rob served as a managing director and senior portfolio manager at Lotsoff Capital Management, where he managed a variety of taxable fixed income portfolios and enhanced equity index products. Rob earned a Bachelor of Science degree in engineering and an MBA from the University of Illinois at Urbana-Champaign. He is a Chartered Financial Analyst (CFA) and is a member of the CFA Society of Chicago.

Mr. Sternal, Managing Director of Nuveen Investments Institutional Services Group, heads the Taft-Hartley marketing and sales effort. Prior to transitioning into his role within Institutional Services, Mr. Sternal spent 12 years managing the Taft-Hartley business for NWQ. Previously, Mr. Sternal managed a private hedge fund. He also spent four years with Morison Asset Management as Vice President of Marketing. Prior to this Mr. Sternal was with Control Data Corporation were at various times his responsibilities included: Manager of Super Computer Marketing, District Sales Manager, Branch Sales Manager and Federal Government Computer Services Sales Representative. Mr. Sternal graduated from the University of Colorado with a Bachelor of Arts and attended graduate school in computer sciences at American University, Washington, D.C. In addition, he earned the designation of Certified Investment Management Analyst (CIMA) from the Wharton Business School at the University of Pennsylvania. He is a member of the Investment Management Consultants Association. Mr. Sternal also serves as a Managing Director of NWQ Investment Management Company, LLC.

Scott Draper heads Nuveen’s institutional distribution effort directed to corporate, public, and non-profit institutions and their consultants globally. Prior to joining Nuveen in 2003, Scott was a senior client advisor at JPMorgan Asset Management where he marketed global investment strategies to large plan sponsors in the western United States. He previously filled similar senior marketing roles, all serving the needs of the institutional market, with Mellon Financial Corporation, Bank of America, and Security Pacific. Scott earned his bachelor’s degree in business economics and psychology from the University of California at Santa Barbara. His FINRA registrations include the Series 7 and 63.

Thomas Burt leads the Global Private Client Group which is responsible for marketing Nuveen's investment solutions to advisors and their clients, which include institutional investors, ultra-high net worth individuals and retail investors. Tom also works actively with family offices. Before joining Nuveen in 1997, Tom was an investment officer and analyst at Philadelphia International Investment Corporation, a subsidiary of CoreStates Financial Corporation. Tom earned his bachelor of science degree in international relations from the University of Virginia. He is a member of the Philadelphia Society of Financial Analysts and the CFA Institute and is a CFA charterholder. Tom earned the Certified Investment Management Analyst designation through the Investment Management Consultants Association in conjunction with the Wharton School of the University of Pennsylvania. Tom has also earned the Accredited Investment Fiduciary professional designation.

Anthony Mayorkas is responsible for marketing Nuveen's investment solutions to advisors and their clients, which include institutional investors as well as ultra-high net worth individuals. Tony also works actively with family offices. He focuses regionally on the southwestern United States and Asia. Tony joined Nuveen in 2006, having previously served in a relationship management and client service role as a vice president with Wilshire Associates. Before that position, Tony spent more than five years at J.P. Morgan & Co. in New York, including four years as an investment specialist with the firm’s private bank. He began his career as a mutual fund analyst at Morningstar, Inc., and then worked at Goldman Sachs Asset Management. Tony earned a bachelor of arts degree with honors in English language and literature and an MBA in economics and finance from the University of Chicago, and is a CFA charterholder.

Daniel Linehan is responsible for marketing Nuveen's investment solutions to advisors and their clients, which include institutional investors as well as ultra-high net worth individuals. Dan also works actively with family offices. He focuses regionally on the northwestern United States and Alaska. Before joining Nuveen in 2001, Dan was a managing director and national sales manager at UAM Investment Services, a subsidiary of United Asset Management. Previous to those roles, Dan served as a financial consultant with Merrill Lynch in San Francisco. Dan earned his bachelor of business administration degree in accounting from the University of San Francisco.

Eric C. Olson, CFA - As Director of International Equity Strategies Eric is responsible for coordinating portfolio management, trading and research for Symphonys international strategies. Eric is lead portfolio manager of the Symphony international long-only and market neutral strategies. When he joined Symphony in 1998, Eric was responsible for research and development of domestic and international quantitative strategies. Prior to joining Symphony, he was a member of the Active Strategies Group at Barclays Global Investors working on domestic and international quantitative stock selection operations. Eric has over 19 years of analysis experience in finance and science. He received his BS in Mathematics and Physics from St. Lawrence University, New York. He has received the Chartered Financial Analyst designation and is a member of the CFA Society of San Francisco.

George M. Tharakan, CFA, Director of Research - Portfolio Manager joined Santa Barbara Asset Management in 2003. George was previously a Senior Vice President at Vantis Capital, and prior to that he was a Senior Vice President at Roxbury Capital Management, and a Senior Design Engineer for Intel Corporation. Mr. Tharakan is an Honors graduate of the Indian Institute of Technology, has an M.S. in Computer Engineering from the University of Illinois, and received an MBA in Finance with Honors from the Anderson School of Business (UCLA).

Mr. Anderson has over 30 years of investment experience. He was a partner and portfolio manager at the investment management firm Stein Roe & Farnham. Additionally, he was a president and director-portfolio manager with Leuthold & Anderson. Mr. Anderson joined Santa Barbara Asset Management in 1997 as a Managing Director and Portfolio Manager. His educational background includes a BS in Business from the University of Minnesota and an MBA in Business from the University of Chicago.

Britton C. Smith, CFA Research Analyst - Portfolio Manager joined Santa Barbara Asset Management in 2001 from Peritus Asset Management where he was a Senior Research Analyst. Prior to that he was employed as a Project Scientist for Larry Walker Associates and as a Research Assistant at the UC Toxic Substances Research & Teaching Program. Mr. Britton has a BA from Amherst College and a MESM in Biogeochemistry from the University of California Santa Barbara. Mr. Smith has earned the Chartered Financial Analyst designation.

Mr. Hicks has served as research analyst with Nuveen since 1980. He has written extensively on tax policy municipal bonds, affecting attribution analysis, financial planning, and credit issues. He is a past president of the Chicago Municipal Analysts Society and a former Board member of the National Federation of Municipal Analysts. He also served on an advisory committee of the Governmental Accounting Standards Board. Mr. Hicks holds a Ph.D. from Northwestern University, an M.A. from the University of Chicago and an undergraduate degree from Wheaton College.

Mr. Roarty joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, he was a member of the investment team and shared responsibility for the firm’s equity portfolio management. Prior to joining Rittenhouse, Mr. Roarty was a Vice President in the Equity Department of Morgan Stanley Asset Management and a Financial Analyst in the Investment Research Department of Goldman Sachs & Co. He earned a BS in Finance from Fairfield University and a MBA from the Wharton School of the University of Pennsylvania. Mr. Roarty holds the CFA Institute Chartered Financial Analyst designation.

Mr. Jolinger joined the Santa Barbara Asset Management team in January of 2009 when Rittenhouse Asset Management combined with SBAM2. At Rittenhouse, Mr. Jolinger shared responsibility for the firm’s equity portfolio management and was the Director of Research and a Portfolio Manager. Prior to joining Rittenhouse Asset Management, he worked as an Analyst, Portfolio Manager, and Director of Research for Morgan Stanley Investment Management, and Oppenheimer Capital in New York City. Mr. Jolinger earned a BA in Economics from Vassar College and his MBA in Finance from New York University’s Stern School of Business.

James R. Boothe, CFA, Portfolio Manager joined Santa Barbara Asset Management in 2002 with over 20 years of investment management experience. He was a portfolio manager with USAA Investment Management. Prior to that Mr. Boothe was a portfolio manager / analyst at San Juan Asset Management. He has a BBA from Kent State University and a MBA in finance from Loyola Marymount University. Mr. Boothe has earned the AIMR Chartered Financial Analyst designation.

Mr. Dore, joined Santa Barbara Asset Management in 2008 from Credit Suisse, where he advised clients in all aspects of wealth management. Previously, he served as general partner for Conception Capital where he focused on investing in public companies, and as a portfolio manager at Investment Group of Santa Barbara, an investment firm engaged in private and public equity investments. Prior to that, Mr. Dore held strategy and business development positions at both Wells Fargo and Kinko's Copies. He graduated with a BS in Agricultural Engineering from California Polytechnic and an MBA from Stanford.

William L. Conrad, Managing Director, Portfolio Manager, is a senior member of the investment team and shares responsibility for the firm's fixed income portfolio management. William also oversees the firm's Institutional Group. Prior to joining Rittenhouse Asset Management in 1991, William worked for Kidder, Peabody and Co., Inc. and CoreStates Financial Corporation. William is also a member of the Investment Committee for the Clareth Fund, an education-oriented endowment fund. He is a graduate of Georgetown University.

Mr. Brunette joined Santa Barbara Asset Management in 2002. He was the Trader at Santa Barbara Asset Management for 3 years and was previously employed at Peritus Asset Management as a Research Analyst. Mr. Brunette has a B.A. in Economics & Business from Westmont College and completed the Series 65 Examination. Recently, Mr. Brunette has been accepted to California Lutheran University's MBA Program in Finance.

Prior to joining NWQ in 1998, Andy spent three years with InterGlobal Financial Corporation, a boutique futures dealer, where he headed research and trading strategies. Previous to this, Andy spent two years as a Senior Account Executive for individual futures clients. Andy graduated from the University of California, Los Angeles with a B.A. in Economics/International Area Studies, and received his M.B.A. in Finance at the Marshall School of Business at the University of Southern California.

Mr. Joyce joined Santa Barbara Asset Management in 2005. Prior to that, Mr. Joyce worked as an accountant for Pacific Sunwear, Coldwell Banker, & Fidelity National Financial. Most recently at Fidelity, Mr. Joyce worked as a senior investment accountant for a $4 billion investment portfolio. Previously at Fidelity, he managed the Regulatory Accounting Department for three years. Chris earned a BA in accounting from Chapman University in Orange, California.

Prior to joining NWQ in 2003, Darren spent five years at Putnam Investments in the Equity Research Group. He first served as an Investment Associate covering health care and waste management stocks, and later as an Analyst covering the pulp and paper stocks. Most recently, Darren served as Putnam's Energy Analyst. Prior to this, he was in the corporate finance division of RBC Dominion Securities in Toronto for six months. Darren graduated from Dartmouth College with a B.A. in Economics, and received his M.B.A. from the Tuck School of Business at Dartmouth.

Prior to joining NWQ in 2000, David spent the previous two years as Principal of Rocky Mountain Investment Advisors, a small cap value manager and investment advisor in Albuquerque, New Mexico. Prior to this, he spent nearly nine years with NM Capital Management, Inc., where he was a Senior Portfolio Manager and Research Analyst. At NM Capital, David was responsible for managing a significant portion of the firm’s assets. Prior to joining NM Capital, he spent six years as a Financial Consultant in the Los Angeles area. David graduated from the University of Phoenix with a B.S.B.A., and received his Masters degree in Finance, cum laude, from Webster University. David received the Chartered Financial Analyst designation in 1997, and is an active member of the CFA Institute. He is a founding member, and past President, of the New Mexico Society of Financial Analysts. He also holds the Certified Financial Planner designation, which he received in 1988.

Prior to joining NWQ in 2001, Gregg spent two years at Sturdivant & Company, a value-oriented institutional money manager. Previous to this, he held the position of Vice President and Senior Analyst at Federated Investors, where he also served as Director of Equity Research. Prior to that, he was a Senior Analyst at First Chicago Investment Management Company. Gregg received his A.B. in Economics and Psychology from Duke University and his M.B.A. with high distinction from the University of Michigan. In addition, he earned the designation of Chartered Financial Analyst in 1998.

Gregory Padilla Mr. Padilla joined Tradewinds in 2006 as a research analyst covering the global utility sector and currently covers the global energy sector. Prior to joining Tradewinds, he was a student at USC's Marshall School of Business, where he received an MBA with honors in investments and financial markets.

Mr. Vu serves as an equity analyst focusing on the Financial, Technology and Telecommunication sectors. Prior to joining Santa Barbara in 2007, Mr. Vu was a vice president and equity analyst at Jefferies & Co., following a universe of banks, thrifts, market makers and traders. Previously, he worked as a fixed income quantitative analyst at Western Asset Management. Mr. Vu received a BS in Mathematics from California State Hayward and earned a Ph.D. in Applied Mathematics from UCLA. He also holds the CFA Institute Chartered Financial Analyst designation.

Mr. Jewell joined Santa Barbara Asset Management in 2002. Mr. Jewell previously worked at Evli Investment Management in San Francisco as a junior telecommunication research analyst. Mr. Jewell holds a BA from Princeton University.

Jeremy Siegel, currently the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania, has written and lectured extensively about the economy and financial markets.

Prior to joining NWQ in 2002, Kirk held the position of Senior Equity Trader with CapitalWorks Investment Partners where he was in charge of implementing trading strategy for the firm's traditional hedge product, as well as a small-cap and mid-cap growth product. Previous to this, he spent 3 years at Brandes Investment Partners as the Institutional Trading Manager where he was responsible for the firm's global execution facility with additional oversight of the retail private client, wrap-fee and foreign exchange trading desks. Before joining Brandes, he was a trader of both domestic and international equities with Nicholas|Applegate Capital Management. Prior to that, he was an investment analyst for Triad Financial Group, a commercial real estate investment firm, and also previously was an associate research analyst with Lehman Brothers. Kirk graduated from San Diego State University with a B.S. in Finance.

Prior to joining NWQ in 2001, Mark held the position of Director and Portfolio Manager with Merrill Lynch Investment Managers where he managed value-oriented institutional portfolios for three years. Previous to this, he spent seven years at Trust Company of the West as a Senior Vice President and Analyst, covering primarily technology companies. Previously, he was Vice President at Hanifen Imhoff Inc., where he served as the firm's Technology Analyst. Before entering the investment business, Mark held positions in the computer design field with NCR and Gould Electronics. Mark earned his Bachelor of Science degree in Computer Science from California State University, Chico. He received his Master of Science degree in Electrical & Computer Engineering from the University of California, Santa Barbara, and his M.B.A. from the University of San Diego.

Mr. Griffin joined Santa Barbara Asset Management in 2006. Most recently, he worked at Alcoa, Inc. as manager of Financial Analysis in an Aerospace division and at the corporate level. Previously, he was a research associate at Morgan Stanley covering the Paper and Forest Products industry. He also worked as an associate at Cambridge Associates, an institutional consulting firm. Mr. Griffin earned a BA in Economics from Colby College and an MBA from the Wharton School at the University of Pennsylvania. Mr. Griffin holds the CFA Institute Chartered Financial Analyst designation.

Prior to joining NWQ in 1997, Mark spent six years at U.S. Bancorp, where he last served as Vice President of Investor Relations. Mark graduated cum laude from Linfield in Oregon, B.S., and received his M.B.A. with academic honors from The Anderson School at the University of California, Los Angeles. In addition, Mark earned the designation of Chartered Financial Analyst in 2000.

Prior to joining NWQ in 1985, Marty spent close to five years with First Manhattan Company in New York where he was a member of a group managing portfolios for high net-worth individuals, as well as ERISA and endowment funds. Marty graduated from Yeshiva University in New York and received his M.B.A. from Barnard Baruch College of the City University of New York.

Mr. Graveline, Assistant Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) and Financial Consultant marketplace in the Eastern United States. Mr. Graveline has been with Nuveen Investments for six years and has served in various capacities. Prior to joining the Institutional Services Group in 2004, he served as a performance analyst and due diligence analyst within the Nuveen Portfolio Management group, where he worked on conducting performance and attribution analysis on both open and closed end funds, as well as separately managed accounts. Mr. Graveline earned his Bachelor of Arts degree in Political Science from Miami University in Oxford, OH and serves on the board of the Metropolitan Family Services of Chicago (Metro Board).

Prior to joining NWQ in 2002, Mike managed institutional, private client fixed income and balanced portfolios for over 15 years. During this time, he held assignments as Director of Global Fixed Income at ING Aeltus, as Chief Investment Officer of a Phoenix Home Life affiliate and was a Principal at Stanford Asset Management. Mike graduated from the University of Massachusetts with a B.B.A. degree in Finance and received his M.B.A. from Harvard University. He earned the designation of Chartered Financial Analyst in 1989. He is a member of the Los Angeles Society of Financial Analysts.

Mr. Streit joined Santa Barbara Asset Management in 2007. Previously, he worked in the equity research groups at Williams Capital, UBS, and Dean Witter Reynolds covering the Insurance sector. Mr. Streit received a BS in Finance with concentrations in Investments and Mathematics from the University of Illinois.

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.

Anne Thurston supports the development of Nuveen's international distribution efforts by implementing insights from her relationships with offshore investors and private clients. Previous to this role, Anne worked with wealth advisors providing investment manager analysis as well as client service and sales support. Prior to joining Nuveen in 2003, Anne held similar product development and client relationship roles at Van Kampen Funds and ING Financial Advisers. Anne earned her bachelor of science degree from the University of Illinois at Urbana-Champaign, and is a CERTIFIED FINANCIAL PLANNER™ professional.

Mr. Coumas, Assistant Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) marketplace in the Midwest United States. Prior to joining Nuveen in 2006, Mr. Coumas was a Consultant with Ibbotson Associates, where he was responsible for developing asset allocation strategies, portfolio construction and manager due diligence for U.S. and International Institutional clients. Before joining Ibbotson, Mr. Coumas was an Investment Analyst with a wealth management firm in the Chicago area, and started his career as an advisor with Smith Barney. Mr. Coumas graduated from Miami University in Oxford, OH, with a Bachelor of Science in Accounting. He is a CERTIFIED FINANCIAL PLANNER™ professional and is currently pursuing his MBA at DePaul University.

Edward M. Magnus, Vice President - B.B.A., University of Michigan; M.B.A., Harvard Graduate School of Business Administration. Prior to joining MDP, Mr. Magnus was with Donaldson, Lufkin, & Jenrette in the financial institutions group and with MDP as an Associate for two years.

Mr. Horsman, Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) and Financial Consultant marketplace in the Southeastern United States. Prior to joining Nuveen in 2002, Mr. Horsman spent nine years at Schwab Institutional, serving as the Regional Manager focusing on RIA firms in the Southeast. Mr. Horseman has over 20 years experience in the financial services industry. Prior to joining Schwab, he served as Vice President with Citibank and Neuberger Berman, also focusing on RIA firms. Mr. Horsman earned his Bachelor of Science degree from Tusculum College.

Mr. McAuley, Assistant Vice President of Nuveen Investments Institutional Services Group, is responsible for client service and new business development for the Registered Investment Advisor (RIA) marketplace in the Southeastern United States. Prior to joining Nuveen in 2007, he worked with institutional clients at MTB Investment Advisors. Mr. McAuley graduated from Dickinson College. He is a CERTIFIED FINANCIAL PLANNER professional. He is a member of The CFA Institute, the CFA Society of Atlanta and has earned the right to use the Chartered Financial Analyst designation.

Jeffrey Rosser is responsible for marketing Nuveen's investment solutions to advisors and their clients, which include institutional investors as well as ultra-high net worth individuals. Jeff also works actively with family offices. He focuses regionally on the northeastern United States. Before joining Nuveen in 2001, Jeff served as a financial consultant with the private client group of Brick & Kyle Associates, Inc., a Registered Investment Advisor. Jeff earned a bachelor of science degree in finance from Syracuse University. He is a CERTIFIED FINANCIAL PLANNER™ professional and has earned the Certified Investment Management Analyst designation through the Investment Management Consultants Association in conjunction with the Wharton School of the University of Pennsylvania. Additionally, Jeff is an Accredited Investment Fiduciary, a board member of the Financial Planning Association and an active member of the Investment Management Consultants Association. His FINRA registrations include the Series 7, 63, 65 and 24.

Array

Roderick A. Palmore Executive Vice President, General Counsel, Chief Compliance and Risk Management Officer Rick Palmore has overall responsibility for the company's global legal activities, corporate ethics and compliance, and corporate security. He is chair of the company’s Enterprise Risk Management Committee. Rick joined General Mills in 2008. In his previous position at Sara Lee, he served as executive vice president and general counsel. He had joined Sara Lee in 1996 as deputy general counsel. Rick was promoted to senior vice president, general counsel, and secretary in 1999, and was named an executive vice president in 2004. Rick has made a broad impact on the legal profession through his leadership of “Call To Action,” an initiative he helped to launch with his peers to improve minority representation and mobility within law firms that provide services to major corporations. Earlier in his career, Rick was a partner with two major Chicago law firms, where he focused on business litigation. He joined Wildman, Harrold, Allen, and Dixon in 1983 as an associate and was elected a partner in 1986. He subsequently moved to Sonnenschein, Nath, and Rosenthal as a partner in 1993. Previous to that, Rick spent three years as assistant U.S. attorney for the Northern District of Illinois. Rick earned his undergraduate degree in economics from Yale University and his law degree from the University of Chicago. He is currently on the boards of both the Chicago Board Options Exchange and the Chicago Symphony Orchestra.

Sarah Bannon supports Nuveen's institutional sales, marketing and consultant relations effort in the eastern and central United States, as well as globally. Prior to joining Nuveen in 2008, Sarah served in a sales position with Compass Bank marketing correspondent banking services directly to independent community banks. Before that role, she was responsible for providing advisory services support to Financial Advisors. Sarah earned a bachelor's degree in business administration in marketing from the College of William and Mary. She holds the FINRA Series 7 registration.

Vahe A. Dombalagian, Director - B.S., Georgetown University; M.B.A., Harvard Graduate School of Business Administration. Prior to joining MDP, Mr. Dombalagian was with Texas Pacific Group and Bear, Stearns & Co. Inc. Mr. Dombalagian concentrates on investments in the financial services and basic industries sectors and currently serves on the Boards of Directors of Cinemark, Inc. and Outsourcing Solutions Inc.