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CLAYMORE INDICES: ANOTHER FIRST
The Claymore CEF IndexSM (“Index”) is a 100% rules-based
index that is designed to track the performance of a weighted basket of closed-end
funds selected based on liquidity, income distribution and market valuation, among
other factors. The Index follows a modified liquidity weighting methodology developed
by Claymore Securities, Inc., and the reconstitution and rebalancing takes place
every 367 days*. The distributions garnered from the underlying component funds
are not reinvested into the Index components — the notional shares of the underlying
funds will not be increased due to dividends or capital gains distribution. Distributions
from each underlying fund are added to the Index value as of the close of business
on the applicable ex-dividend dates, and the distributions accumulated are subtracted
from the Index value quarterly.
The Index has been licensed to GS Finance Corp. to serve as the basis for the Claymore CEF Index-Linked GS Connect Exchange Traded Notes.
How to Access Index
Bloomberg:
<CLMRCEF><INDEX>
INDEX PROFILE
as of
11/20/2009
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INDEX
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TICKER
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VALUE
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VALUE CHANGE
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REBALANCE FREQUENCY
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FACT SHEET
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Claymore CEF Index
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CLMRCEF
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82.65
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-0.13
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Every 367 Days*
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*The Claymore CEF Index rebalanced on
3/17/09.
View new constituents now.
Claymore CEF Index’s Value and Value Change in the above Index Profile table are
the Index’s daily market “price” and “price change” as of the date noted. Figures
are based on market close.
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