OLA Declares Quarterly Dividend

Since the Fund's inception on August 25, 2005 through August 31,2007 the Fund generated an average annual total return, includingreinvestment of dividends, of 5.29% based on Net Asset Value (NAV) and0.41% based on market price. The Fund's one year total return, as ofAugust 31, 2007, was 5.15% based on NAV and 5.13% based on marketprice.

Dividends will be paid on September 28, 2007 to shareholders ofrecord as of September 14, 2007. The ex-dividend date will beSeptember 12, 2007. If it is determined that a notification isrequired, pursuant to Section 19a-1 of the Investment Company Act of1940, such notice will be posted to the Fund's website after the closeof business three business days prior to the payable date.

Claymore Advisors, LLC (an affiliate of Claymore Securities, Inc.)serves as the Fund's Investment Adviser. Based in Lisle, Illinois,Claymore Securities, Inc. is a privately-held financial servicescompany offering unique investment solutions for financial advisorsand their valued clients. Claymore entities have provided supervision,management, servicing or distribution on approximately $17 billion inassets, as of July 31, 2007, through closed-end funds, unit investmenttrusts and exchange-traded funds. Additional information on Claymore'sclosed-end funds is available at . Registeredinvestment products are sold by prospectus only and investors shouldread the prospectus carefully before investing.

With over $10.4 billion in assets under management as of April 30,2007, Analytic Investors provides quantitatively-driven investmentmanagement services to mutual funds, corporations, public funds,foundations, endowments, and other institutional investors. 100% ofAnalytic's business is derived from asset management services. Sinceits founding in 1970, the firm's mission has been to fulfill clients'objectives through rational, systematic identification of marketopportunities, while minimizing the impact of human emotions thatoften dominate investment decision making.

This information does not represent an offer to sell securities ofthe Fund and it is not soliciting an offer to buy securities of theFund. There can be no assurance that the Fund will achieve itsinvestment objectives. The net asset value of the Fund will fluctuatewith the value of the underlying securities. It is important to notethat closed-end funds trade on their market value, not net assetvalue, and closed-end funds often trade at a discount to their netasset value. Past performance is not indicative of future performance.An investment in the Fund is subject to certain risks and otherconsiderations. Such risks and considerations include, but are notlimited to: Investment Risk, Market Discount Risk, Interest Rate Risk,Credit Risk, Lower-Grade and Unrated Securities Risk, Leverage Risk,Issuer Risk, Country Risk, Prepayment Risk, Reinvestment Risk,Derivatives Risk, Inflation/Deflation Risk, Management Risk, TurnoverRisk, Anti-Takeover Provisions, Smaller Company Risk, and MarketDisruption and Geopolitical Risk.

Investors should consider the investment objectives and policies,risk considerations, charges and expenses of the Fund carefully beforethey invest. For this and more information, please contact asecurities representative or Claymore Securities, Inc., 2455 CorporateWest Drive, Lisle, Illinois 60532, 800-345-7999.

Member FINRA/SIPC

09/07

NOT FDIC-INSURED - NOT BANK-GUARANTEED - MAY LOSE VALUE