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Advent Claymore Closed-End Funds Announce Investment Policy Changes

LISLE, Ill.--(BUSINESS WIRE)--Advent/Claymore Global Convertible Securities & Income Fund (NYSE: AGC), Advent Claymore Convertible Securities and Income Fund (NYSE: AVK) and Advent/Claymore Enhanced Growth & Income Fund (NYSE: LCM) (together the “Funds”) announced today that the Board of Trustees of the Funds recently approved changes to certain non-fundamental investment policies for each of the Funds. These modifications were designed to expand the portfolio management flexibility of the Funds and may provide an opportunity to enhance shareholder value through the investment manager’s expanded investment capabilities and ability to manage risk.