Alberding, Hartstein and Quinn join the board as independent directors. The funds’ board is now comprised of 11 directors, 10 of whom are considered independent under applicable securities laws.The Funds are diversified, closed-end investment management companies managed by Prudential Investments LLC. The Funds are sub-advised by Prudential Fixed Income, a business unit of Prudential Investment Management Inc., and an affiliate of the investment manager. Prudential Investments offers mutual funds across a range of asset classes and sectors, including equity, fixed income, real estate, and specialty securities. Please visit http://www.prudentialfunds.com for more information. Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2013, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com. These Funds invest in high yield (“junk”) bonds, which are subject to greater credit and market risks; derivative securities, which may carry market, credit, and liquidity risks; foreign securities, which are subject to currency fluctuation and political uncertainty; and emerging markets securities, which are subject to greater volatility and price declines. Fixed income investments are subject to interest rate risk, where their value will decline as interest rates rise. There are fees and expenses involved with investing in these Funds. An investment in a closed-end fund’s common stock may be speculative in that it involves a high degree of risk, should not constitute a complete investment program, and may result in loss of principal. Each closed-end fund will have its own unique investment strategy, risks, charges and expenses that need to be considered before investing. Prudential Fixed Income is a unit of Prudential Investment Management Inc., which is a registered investment advisor and Prudential Financial company. Prudential Investments, Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.