Claymore Closed-End Fund Distributions – June 2010

Claymore Securities, Inc. and its affiliate Claymore Advisors, LLC (“Claymore”) are announcing that certain closed-end funds have declared their monthly or quarterly distributions. The table below summarizes the distribution schedule for each closed-end fund.

The following dates apply to these distributions:

Record Date - June 15, 2010

Ex-Dividend Date - June 11, 2010

Payable Date - June 30, 2010

NYSE Ticker		Fund Name		Distribution Amount Per Share		Change From Previous Distribution		Frequency
AGC		Advent/Claymore Global Convertible Securities & Income Fund		$0.0664		-		Monthly
AVK		Advent Claymore Convertible Securities and Income Fund		$0.0939		-		Monthly
GOF		Claymore/Guggenheim Strategic Opportunities Fund		$0.1540		-		Monthly
MZF		MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund		$0.0825 1		-		Monthly
OLA		Old Mutual/Claymore Long-Short Fund		$0.2400		-		Quarterly
TYW		TS&W/Claymore Tax-Advantaged Balanced Fund		$0.1800		-		Quarterly
WIA		Western Asset/Claymore Inflation-Linked Securities & Income Fund		$0.0380		-		Monthly
WIW		Western Asset/Claymore Inflation-Linked Opportunities & Income Fund		$0.0400		-		Monthly

¹MZF declared its June 2010 distribution on May 3, 2010. For further information, please visit www.claymore.com/mzf.

Past performance is not indicative of future performance. If it is determined that a notification is required, pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to such Fund’s website after the close of business three business days prior to the payable date. If a distribution rate is largely comprised of sources other than income, it may not be reflective of that Fund’s performance.

For further information regarding changes to previous distributions, if any, please refer to the “Frequently Asked Questions” section of the Fund’s dedicated website, accessible via www.claymore.com/CEF.

Claymore Advisors, LLC serves as Investment Adviser for AGC, GOF, OLA, TYW and WIW. Claymore Securities, Inc. serves as Servicing Agent for AVK, MZF and WIA. Claymore Securities, Inc. offers strategic investment solutions for financial advisors and their valued clients. As an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), Claymore often leads its peers with creative investment strategy solutions. In total, Claymore entities provide supervision, management, or servicing on approximately $15.9 billion in assets as of March 31, 2010. Claymore Securities, Inc. is a wholly-owned subsidiary of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $100 billion in assets under supervision. Guggenheim, through its affiliates, provides investment management, investment advisory, insurance, investment banking, and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe, and Asia.

The Investment Advisers for AVK, MZF and WIA are Advent Capital Management, LLC, Cutwater Asset Management Corp. and Western Asset Management Company, respectively.