Publications

Ziegler Capital Management, an asset management firm with approximately $10.5 billion total adjusted AUM (approximately
$1.9 billion of fixed income assets are excluded from the deal).

TorreyCove Capital Partners LLC, an investment advisory firm with more than $75 billion in assets under advisement.

StoneCastle Asset Management, the external investment adviser to StoneCastle Financial Corp., a registered, non-diversified, closed-end investment company.

Vector Wealth Management, a management firm with approximately $1.1 billion AUM.

Hogan Financial Management LLC, a registered investment adviser with approximately $300 million AUM.

Athena Capital Advisers, LLC, a registered investment adviser with approximately $6 billion in AUM.

THL Credit Advisors LLC, an alternative investment manager with approximately $16.8 billion AUM.

Chiron Investment Management, an investment management firm with approximately $1.8 billion in assets.

Perennial Pension and Wealth, an independent financial services company.

Pennybacker Capital Management, LLC, an alternative investment manager with more than $1.9 billion in AUM.

C.S. McKee, L.P., an investment management firm with more than
$8 billion in AUM.

National Investment Services, a fixed income and equity strategies manager with approximately
$8.6 billion in AUM.

Rembert Pendleton Jackson, an investment and financial advisory firm with more than $1.3 billion in AUM.

TD Ameritrade, a financial services firm with approximately $1.3 trillion in assets.

The Fund’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Fund will seek to achieve its investment objective by investing across the capital structure in companies across a broad range of industries and technologies positioned to benefit from the evolution and disruptive power of artificial intelligence and other new technologies. The Fund will seek to achieve its investment objective by investing in a combination of convertible securities, equity securities, and debt and other income-producing instruments. Through a combination of these asset classes and strategies, the Fund attempts to simultaneously capture equity market exposure and current income utilizing a disciplined, fundamental, bottom-up research process combined with traditional credit analysis. The Fund attempts to reduce the risk of capital loss through, among other things, independent credit analysis focused on downgrade and default risks and the implementation of a clearly defined sell discipline strategy. The Fund will normally not invest more than 20% of its managed assets in income producing securities (such limit does not apply to convertible securities).

BofA Securities, Inc., Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC

The Trust’s investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. Under normal market conditions, the Trust will invest at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries. As part of its investment strategy, the Trust intends to employ a strategy of writing (selling) covered call options on a portion of the common stocks in its portfolio, writing (selling) other call and put options on individual common stocks, and, to a lesser extent, writing (selling) call and put options on indices of securities and sectors of securities. This options writing strategy is intended to generate current gains from options premiums and to enhance the Trust’s risk-adjusted returns. The Trust may invest up to 20% of its total assets in other investments, including equity securities issued by companies that are not principally engaged in the health sciences group of industries and debt securities issued by any issuer, including non-investment grade debt securities.

Morgan Stanley & Co. LLC, BofA Securities, Inc., UBS Securities LLC, Raymond James & Associates, Inc. and Wells Fargo Securities, LLC

The Fund will invest, under normal circumstances, at least 80% of its managed assets in a globally diversified portfolio comprised of equity securities which are defined to include common stock, preferred stock, convertible securities and exchange-traded funds (the “Equity Sleeve”), as well as long and short equity positions managed pursuant to a long/short equity strategy (the “Long/Short Component”). The Long/Short Component will comprise at least 50% of the Fund’s managed assets with a focus on absolute returns in a risk-managed format. The Fund may invest up to 20% of its managed assets opportunistically in globally diversified income-producing securities including high-yield and investment grade corporate securities, leveraged loans, distressed debt securities, securitized products, U.S. Treasuries and sovereign debt issued by foreign governments (the “Fixed Income Sleeve”). Under current market conditions, it is anticipated that the Fund will initially invest 80% of its managed assets in equities, of which 60% will be invested in the Long/Short Component and 20% of its managed assets in the Fixed Income Sleeve.

UBS Securities LLC, Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC and
RBC Capital Markets, LLC

The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income. Under normal market conditions, the Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income. The Fund may invest in debt securities and other income-producing investments of issuers anywhere in the world, including in emerging markets, and may invest in investments of any credit quality. The Fund expects initially, and may thereafter continue, to invest substantially in debt instruments of below investment grade quality (including debt securities commonly referred to as “high yield” securities or “junk bonds”) and unrated instruments. The Fund may invest in securities of any or no maturity or negative duration, and there are no limits on the duration of the Fund’s portfolio. The Fund’s investment adviser allocates the Fund’s assets among sectors of the debt market, and among investments within those sectors, in an attempt to construct a portfolio providing the potential for a high level of total return, with an emphasis on current income, consistent with what the adviser considers an appropriate level of risk in light of market conditions prevailing at the time.

UBS Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC

The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds. The Fund will seek to allocate its assets among two principal investment strategies. The Tactical Municipal Closed-End Fund Strategy (allocated 25-65% of managed assets) will seek to (i) generate returns through investments in closed-end funds, exchange-traded funds and other investment companies that invest least 80% of their net assets in Municipal Bonds, and (ii) derive value from the discount and premium spreads associated with closed-end funds that invest at least 80% of their net assets in Municipal Bonds. The Municipal Bond Income Strategy (allocated 35-75% of managed assets) seeks to capitalize on inefficiencies in the tax-exempt and tax-advantaged securities markets through investments in Municipal Bonds. Under normal market conditions, the Fund may not directly invest more than 25% of the managed assets allocated to this strategy in Municipal Bonds in any one industry or in any one state of origin, and the Fund may not directly invest more than 5% of the Managed Assets allocated to this strategy in the Municipal Bonds of any one issuer. The Fund may invest up to 30% of the managed assets allocated to this strategy in Municipal Bonds that pay interest that may be includable in taxable income for purposes of the Federal alternative minimum tax. The Fund will generally invest in Municipal Bonds that have a maturity of five years or longer at the time of purchase.

McKay Shields LLC