Cutwater - Asset Management
Main Content
MBIA Capital/Claymore Managed Duration
Investment Grade Municipal Fund
- Portfolio seeks to generate high tax-exempt income for shareholders
- Derivatives may be utilized to hedge against moves in interest rates
- Leverage may be used to enhance income for shareholders
- Portfolio may use lower quality bonds to enhance return
objective
The MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund is registered as a diversified, closed-end management investment company under the Investment Company Act of 1940, as amended and organized as a Delaware statutory trust. Its investment objective is to provide common shareholders with high current income exempt from regular Federal income tax while seeking to protect the value of the Fund's assets during periods of interest rate volatility. Under normal market conditions, the Fund seeks to achieve its objective by investing at least 80% of its total assets in municipal bonds of investment-grade quality and will normally invest substantially all of its total assets in securities of investment-grade quality. There can be no assurance that the Fund's investment objective will be realized.
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sector allocation
as of 6/30/2010
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statistics
as of 6/30/2010
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Top 10 Holdings
as of 6/30/2010
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quality
Past performance does not guarantee future results. All portfolio data is subject to change daily. For more current information, please visit www.claymore.com/mzf. The above summaries are provided for informational purposes only and should not be viewed as recommendations. Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. Please consider this information carefully before you invest.