The Ibero-America Fund, Inc. (NYSE: SNF) (the "Fund") today released its monthly portfolio update as of June 30, 2010.

    
           
    Top 10 Equity Holdings                     Portfolio %  Sector
    
                                                            Telecommunication
    1) Telefonica SA                           14.41%        Services
    
    2) Banco Santander SA                      12.47%       Financials
    
                                                            Consumer
    3) Inditex SA                              6.38%         Discretionary
    
    4) Banco Bilbao Vizcaya Argentaria SA      5.92%        Financials
    
                                                            Telecommunication
    5) America Movil SAB de CV                 5.28%         Services
    
    6) Repsol YPF SA                           4.91%        Energy
    
    7) Ebro Puleva SA                          2.86%        Consumer Staples
    
    8) Obrascon Huarte Lain SA                 2.72%        Industrials
    
    9) Iberdrola SA                            2.67%        Utilities
    
    10) Usinas Siderurgicas de Minas 
        Gerais SA – Class A 
       (Preference Shares)                     2.66%        Materials
    
    
    
    Sector/Industry Breakdown                         Portfolio %
                                                          
    Financials
        Commercial Banks                                  21.93%
        Diversified Financial Services                     5.80%
        Consumer Finance                                   1.73%
        Insurance                                          1.55%
        Real Estate Management & Development               0.95%
        SUBTOTAL                                          31.96%
    Telecommunication Services
        Diversified Telecommunication Services            14.41%
        Wireless Telecommunication Services                5.28%
        SUBTOTAL                                          19.69%
    Consumer Staples
        Food Products                                      6.43%
        Food & Staples Retailing                           2.16%
        Beverages                                          1.49%
        SUBTOTAL                                          10.08%
    Consumer Discretionary
        Specialty Retail                                   6.38%
        Multiline Retail                                   1.10%
        Diversified Consumer Services                      1.00%
        Household Durables                                 0.95%
        SUBTOTAL                                           9.43%
    Utilities
        Electric Utilities                                 3.44%
        Gas Utilities                                      2.78%
        Independent Power Producers & Energy Traders       1.23%
        SUBTOTAL                                           7.45%
    Energy
        Oil, Gas & Consumable Fuels                        4.91%
        Energy Equipment & Services                        2.39%
        SUBTOTAL                                           7.30%
    Industrials
        Construction & Engineering                         2.72%
        Commercial Services & Supplies                     2.19%
        Transportation Infrastructure                      1.33%
        SUBTOTAL                                           6.24%
    Materials
        Metals & Mining                                    5.00%
        Paper & Forest Products                            0.90%
        SUBTOTAL                                           5.90%
    Health Care
        Health Care Providers & Services                   1.18%
        SUBTOTAL                                           1.18%
    Information Technology
        IT Services                                        0.72%
        SUBTOTAL                                           0.72%
    
    Short-Term Investments                                 0.05%
    
    Total                                                100.00%
    
    
    
    Security Type Breakdown                               Portfolio%
    
         Common Stocks:
            Foreign                                           99.95%
         Short-Term Investments                                         
            Investment Companies                               0.05%
         Total                                               100.00%
    
    Country Breakdown                                      Portfolio%
    
                                              
                Spain                                          72.63%
                Brazil                                         14.99%
                Mexico                                         11.22%
                Portugal                                        0.66%
                Chile                                           0.45%
                Short-Term                                      0.05%
                Total                                         100.00%
    
    
    Portfolio Statistics
      Total Net Assets:       $53.1 Million
      Net Asset Value:        $5.96
      Number of Holdings:     44

The foregoing portfolio characteristics are as of the date indicated and can be expected to change.  The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.

SOURCE The Ibero-America Fund, Inc.

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Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS) today announced important information concerning its distribution declared in July 2010.  This press release is issued as required by the Fund's managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission.  The Board of Trustees has approved the implementation of the Plan to make monthly cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the July distribution.  It is not determinative of the tax character of the Fund's distributions for the 2010 calendar year. Shareholders should note that the Fund's total regular distribution amount is subject to change as a result of market conditions or other factors.

The amounts and sources of distributions reported in this notice are estimates, are not being provided for tax reporting purposes and the distribution may later be determined to be from other sources including realized short-term gains, long-term gains, to the extent permitted by law, and return of capital. The actual amounts and sources for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.  The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table sets forth an estimate of the sources of the Fund's July distribution and its cumulative distributions paid this fiscal year to date.  Amounts are expressed on a per common share basis and as a percentage of the distribution amount.

IMPORTANT DISCLOSURE:  You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Plan.  The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income.'  The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.  The actual amounts and sources of the amounts for accounting and/or tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Set forth in the table below is information relating to the Fund's performance based on its net asset value (NAV) for certain periods.    

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) today announced earnings for the six-month period ended May 31, 2010.  Established in 2002, the funds seek to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country.

For the six-month period, FMN had net investment income of $3.25 million or $0.53 per common share.  From this amount, FMN paid dividends on preferred shares of $0.04 million, resulting in net investment income after the preferred dividends of $3.21 million or $0.52 per common share.  Net realized and unrealized gains were $3.8 million or $0.61 per common share.  At May 31, 2010, FMN had an undistributed income reserve of $0.101 per common share, down from $0.109 per common share at Nov. 30, 2009.  Total managed assets of FMN were $121.8 million and the net asset value per common share was $13.85.  

For the six-month period, FPT had net investment income of $3.01 million or $0.43 per common share.  From this amount, FPT paid dividends on preferred shares of $0.04 million, resulting in net investment income after the preferred dividends of $2.97 million or $0.42 per common share.  Net realized and unrealized gains were $1.7 million or $0.25 per common share.  At May 31, 2010, FPT had an undistributed income reserve of $0.045 per common share, down from $0.066 per common share at Nov. 30, 2009.  Total managed assets of FPT were $137.2 million and the net asset value per common share was $13.68.

Both FMN and FPT have paid monthly tax-free dividends since their first dividend declaration in February 2003.  In March 2010, the funds reduced their respective monthly common dividends with FMN's dividend declining to $0.087 per share from $0.090 and FPT's dividend declining to $0.070 per share from $0.079.  The dividend reductions reflect a drop in income as the current yields on portfolio assets are lower than the levels that prevailed during the prior fiscal year, reflecting lower yields generally available in the market.

Fund composition and performance data for the funds as of June 30, 2010 is available in the Products section of http://FederatedInvestors.com.  Data is updated on the website approximately 15 days following each month-end and full portfolio listings are updated approximately 30 days following each calendar quarter-end.  To order hard copies or to be placed on a mailing list, call 1-800-245-0242 x8079, email CEinfo@federatedinv.com or write to Federated Investors, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.

The joint annual shareholder meeting for both common and preferred shareholders of the closed-end municipal funds will be held on Sept. 17, 2010 at 2 p.m. Eastern at Federated Investors' offices located at 4000 Ericsson Drive, Warrendale, Pennsylvania 15086-7561.  The purpose of the meeting is the election of trustees.  Shareholders of record at the close of business on July 8, 2010 are entitled to vote at the meeting.

Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $336.8 billion in assets as of June 30, 2010.  With 135 funds and a variety of separately managed account options, Federated provides comprehensive investment management worldwide to approximately 5,200 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.  For more information, visit http://FederatedInvestors.com.  

SOURCE Federated Investors, Inc.

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Eaton Vance Ohio Municipal Income Trust (NYSE Amex: EVO) (the "Trust"), a closed-end management investment company, today announced the earnings of the Trust for the three and six-month periods ended May 31, 2010.  The Trust's fiscal year ends on November 30, 2010.

For the three months ended May 31, 2010, the Trust had net investment income of $641,393 ($0.226 per common share).  From this amount, the Trust paid dividends on preferred shares of $24,012 (equal to $0.009 for each common share), resulting in net investment income after the preferred dividends of $617,381, or $0.217 per common share. The Trust's net investment income for the six months ended May 31, 2010 was $1,281,395 ($0.452 per common share, before deduction of the preferred share dividends totaling $0.016 per common share), resulting in net investment income after the preferred dividends of $0.436 per common share. In comparison, for the three months ended May 31, 2009, the Trust had net investment income of $681,212 ($0.241 per common share).  From this amount, the Trust paid dividends on preferred shares of $41,362 (equal to $0.015 for each common share), resulting in net investment income after the preferred dividends of $639,850, or $0.226 per common share. The Trust's net investment income for the six months ended May 31, 2009 was $1,363,198 ($0.482 per common share, before deduction of the preferred share dividends totaling $0.036 per common share), resulting in net investment income after the preferred dividends of $0.446 per common share.

Net realized and unrealized gains for the three months ended May 31, 2010 were $112,662 ($0.038 per common share). The Trust's net realized and unrealized gains for the six months ended May 31, 2010 were $855,712 ($0.300 per common share). In comparison, net realized and unrealized gains for the three months ended May 31, 2009 were $2,569,664 ($0.909 per common share). The Trust's net realized and unrealized gains for the six months ended May 31, 2009 were $5,711,935 ($2.020 per common share).

On May 31, 2010, net assets of the Trust applicable to common shares were $39,189,322.  The net asset value per common share on May 31, 2010 was $13.81 based on 2,837,697 common shares outstanding. In comparison, on May 31, 2009, net assets of the Trust applicable to common shares were $35,503,192. The net asset value per common share on May 31, 2009 was $12.55 based on 2,829,304 common shares outstanding.

The Trust is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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Eaton Vance California Municipal Income Trust (NYSE Amex: CEV) (the "Trust"), a closed-end management investment company, today announced the earnings of the Trust for the three and six-month periods ended May 31, 2010.  The Trust's fiscal year ends on November 30, 2010.

For the three months ended May 31, 2010, the Trust had net investment income of $1,739,209 ($0.242 per common share).  From this amount, the Trust paid dividends on preferred shares of $53,273 (equal to $0.008 for each common share), resulting in net investment income after the preferred dividends of $1,685,936, or $0.234 per common share. The Trust's net investment income for the six months ended May 31, 2010 was $3,447,752 ($0.479 per common share, before deduction of the preferred share dividends totaling $0.014 per common share), resulting in net investment income after the preferred dividends of $0.465 per common share. In comparison, for the three months ended May 31, 2009, the Trust had net investment income of $1,715,696 ($0.238 per common share).  From this amount, the Trust paid dividends on preferred shares of $92,488 (equal to $0.013 for each common share), resulting in net investment income after the preferred dividends of $1,623,208, or $0.225 per common share. The Trust's net investment income for the six months ended May 31, 2009 was $3,366,226 ($0.468 per common share, before deduction of the preferred share dividends totaling $0.031 per common share), resulting in net investment income after the preferred dividends of $0.437 per common share.

Net realized and unrealized gains for the three months ended May 31, 2010 were $1,709,311 ($0.239 per common share). The Trust's net realized and unrealized gains for the six months ended May 31, 2010 were $4,345,630 ($0.605 per common share). In comparison, net realized and unrealized gains for the three months ended May 31, 2009 were $5,512,135 ($0.771 per common share). The Trust's net realized and unrealized gains for the six months ended May 31, 2009 were $12,874,075 ($1.796 per common share).

On May 31, 2010, net assets of the Trust applicable to common shares were $93,252,012.  The net asset value per common share on May 31, 2010 was $12.96 based on 7,195,830 common shares outstanding.  In comparison, on May 31, 2009, net assets of the Trust applicable to common shares were $84,477,433. The net asset value per common share on May 31, 2009 was $11.76 based on 7,185,509 common shares outstanding.

The Trust is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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Senior financial executives and tax directors say they lack formal policies and procedures to manage the IRS exam process effectively, despite reporting a noticeable uptick in IRS corporate audit activity over 2008 levels, according to a recent survey by KPMG LLP, the audit, tax, and advisory firm.

In the KPMG survey, 40 percent of the more than 270 senior executives and tax directors polled said that their companies did not have a formal policy or procedure in place to manage the IRS exam process, yet 40 percent said their companies were involved with more IRS corporate audit activity such as exams and appeals than two years ago.  Nearly half (49 percent) of respondents said the level of their audit involvement was unchanged from 2008.

"As jurisdictions face budget deficits and seek new sources of revenue, companies will find that being unprepared can make the audit process extremely time-consuming and strain resources," said Sharon Katz-Pearlman, principal-in-charge of KPMG LLP's Tax Controversy Services practice.

High Priority for Companies, Boards

"The increased likelihood of an audit by taxing authorities can be a significant tax risk that should be high on the priority list of tax directors, CFOs, and corporate boards," Katz-Pearlman said.  "Companies of every size should regularly review their accounting methods, tax returns, risk assessments, and the like and develop or review policies and procedures so they are ready if they receive an audit notification."

Although many survey respondents reported that they did not have formal procedures or processes in place to manage the IRS exam process, many do conduct the necessary due diligence related to tax filing reviews.  For example, the majority (72 percent) of respondents in the KPMG survey say they proactively review their tax filings to help identify potential issues that might arise during an IRS examination.

"It also is important that companies identify the documents, people, time and resources that might be needed to handle a potential tax audit," added Katz-Pearlman.

Furthermore, when asked about their processes for handling an IRS exam specifically, 68 percent of the respondents indicated they designate a single point of contact to interact directly with the IRS agent.

"Designating a single point of contact who deals with the tax authority directly during the audit can help smooth the process," said Katz-Pearlman.  "It also is critical to be diligent about providing the exam team with all of the information they need in a timely fashion, which can sometimes be difficult for audits related to transfer pricing and international tax issues.  For this reason, developing robust information gathering processes before an audit occurs is important."

Post-Audit Considerations

"If all issues are not resolved during the examination, there are many options available to resolve the case at a higher level of review," added Katz-Pearlman.  "Therefore, it is critical that companies understand their choices -- appeals, mediation, and early referral to name a few -- and the necessary procedural steps for each of the options.

"Companies also may uncover new insights during the audit process that can help refine their information gathering and reporting processes and identify areas of potential concern.  They should use these new-found insights to both help enhance future compliance and pave the way for a smoother examination in the next cycle."

The KPMG survey of more than 270 senior financial executives and tax directors was conducted on June 29 in conjunction with a KPMG TaxWatch event series covering tax controversy issues and trends.  For more information, please visit: http://www.kpmginstitutes.com/taxwatch.

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (http://www.us.kpmg.com), is the U.S. member firm of KPMG International Cooperative ("KPMG International").  KPMG International's member firms have 140,000 professionals, including more than 7,900 partners, in 146 countries.

The views and opinions expressed in the survey results are based on the responses of the survey participants and do not necessarily represent the views and opinions of KPMG LLP.

SOURCE KPMG LLP

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MKM Partners today announced that Aaron Schwartz, CFA, has joined as Executive Director in its Equity Research department to cover enterprise software companies.  He will be based in MKM's Stamford headquarters.  Mr. Schwartz has covered the software industry as an equity research analyst for 10 years. He has a wide range of industry knowledge, with previous company coverage across a range of subsectors, including virtualization, network and systems management, storage and security software.  Aaron was most recently a Senior Vice President at Ladenburg Thalmann.  Prior to that, he spent 10 years at J.P. Morgan, where he served as a Senior Equity Research Analyst covering the software industry. Aaron holds a B.A. from Rollins College and is a CFA charterholder.

"I am excited about joining the proven and growing team at MKM Partners," Aaron remarked.  "I look forward to providing the high-quality and insightful research that MKM's research team is known for."

"Aaron brings a combination of bulge-bracket research experience and high-touch, independent thinking to MKM's highly regarded institutional equity research franchise," MKM Partners CEO Richard R. Castellano said.  "This maps directly onto MKM's client-facing strategy."

ABOUT MKM PARTNERS

MKM Partners is an institutional equity research, sales and trading firm.  Headquartered in Stamford, Connecticut, with offices in New York City, Boston and across the U.S., MKM provides clients with actionable and unbiased economic, technical, derivative, event-driven and fundamental research and has trade execution abilities in U.S. and foreign equity markets and in U.S. options markets.  In addition to offering timely access to its traders and analysts, MKM focuses on delivering exceptional service to institutional clients across its trading and research platforms.  More information about MKM Partners can be accessed at www.mkmpartners.com.

SOURCE MKM Partners LLC

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AllianceBernstein Income Fund, Inc. (NYSE: ACG), a closedend management investment company, declared on this date, July 27, 2010, a monthly distribution of $0.04 per share of Common Stock, payable August 20, 2010 to shareholders of record at the close of business on August 6, 2010.  Ex date will be August 4, 2010.

AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Income Fund, Inc.

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Unified Fund Services, a leading provider of fund administration and accounting, distribution, and transfer agency services, will adopt the new name "Huntington Asset Services" on August 1, 2010. Unified Fund Services is a wholly owned subsidiary of Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com).

"Unified has been part of Huntington since 2006 and it makes perfect sense to align the name and brand with that of the parent and partner that provides integrated custody services," said Daniel B. Benhase, senior executive vice president of Huntington Bank.

"This is more than changing the name on the door," added Brian L. Blomquist, president of the newly renamed Huntington Asset Services and director of Huntington Institutional Custody. "I believe the name change demonstrates our commitment to invest in and dramatically grow our business."

Blomquist explained that through the company's strategic planning process, Huntington Asset Services will expand its services for registered investment advisors, enhance service for collective investment trusts, and provide administration of municipal pooled funds.

Unified Fund Services, Inc. and Unified Financial Securities, Inc. are wholly owned subsidiaries of Huntington Bancshares Incorporated, a $52 billion regional bank holding company headquartered in Columbus, Ohio. Unified Financial Securities, Inc., which provides statutory underwriting and distribution services to its mutual fund clients, will retain its current name.

On August 1, the company's website, www.ufsonline.com, will change to www.HuntingtonAssetServices.com.

About Huntington Asset Services

Based in Indianapolis, Huntington Asset Services has been providing mutual fund service solutions for more than 40 years. Huntington's fully integrated services include fund administration, accounting, transfer agency, compliance, distribution and custody for clients with combined assets of more than $40 billion. Huntington's comprehensive solutions support both standalone and series trust structures. Huntington Asset Services, Inc. and Unified Financial Securities, Inc. are wholly owned subsidiaries of Huntington Bancshares Incorporated (Nasdaq: HBAN), a $52 billion regional bank holding company headquartered in Columbus, Ohio. More information is available at www.ufsonline.com.

About Huntington

Huntington Bancshares Incorporated is a $52 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has been providing a full range of financial services including checking, loans, savings, insurance and investment services to customers for 144 years. Huntington has more than 600 banking offices. Huntington also offers retail and commercial financial services online at huntington.com; through its telephone bank; and through its network of over 1,300 ATMs.

Huntington® is a federally registered service mark of Huntington Bancshares Incorporated.  

SOURCE Huntington Bancshares Incorporated

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Founders Fund, the venture backer of companies including Facebook, Spotify, and SpaceX, has closed its third venture fund.  The Founders Fund III LP and its parallel funds were oversubscribed, reaching the firm's cap of $250 million in commitments, making the Fund III suite the firm's largest yet.  The substantial majority of commitments came from limited partners of the firm's prior funds, joined by a small number of new investors.

Founders Fund is managed by Peter Thiel, Ken Howery, Luke Nosek, and Sean Parker, all of whom were company founders before becoming venture capitalists.   Founders Fund seeks to eliminate the traditional tensions between venture capitalists and start-ups through a unique, founder-friendly approach.  "Our goal is to provide as much support for a company as it requires, without interfering with an entrepreneur's vision for that company," said Peter Thiel.  "In our experience that leads to the best returns for our investors."  "Founders Fund has been an incredible partner for Quantcast; they've offered outstanding advice and guidance while giving us the freedom to grow the business in the ways we think best.  Quantcast's tremendous growth testifies to the effectiveness of that model," said Konrad Feldman, CEO of Quantcast, the audience insights and targeting company backed by Founders Fund.  

Fund III intends to leverage the firm's experience in consumer-internet, as well as to expand its investments in companies pursuing revolutionary solutions to major science and engineering problems.  "As companies like Spotify make clear, consumer internet continues to present tremendous opportunities," said managing partner Sean Parker, who previously served as the founding president of Facebook and co-founder of Causes (both Founders Fund investments), and who also co-founded Napster and Plaxo. "And as the launch of SpaceX's Falcon 9 demonstrates, ambitious engineering projects can also generate terrific value," said Luke Nosek, a Founders Fund managing partner and a director of SpaceX.  

According to Ken Howery, "Despite years of cynicism and low returns in the industry, our companies show that there are compelling opportunities in several categories for bold investors."  "I worked with the partners of Founders Fund when I was at PayPal, and their expertise in consumer internet is second to none.  Having worked with them at Palantir and now at RoboteX, I can say that they are the rare VC that understands both consumer-side and hard engineering and that they invest with conviction," said Nathan Gettings, CEO of RoboteX, which makes multi-purpose robots used by police agencies, SWAT teams, and civilian users.  Gettings is also CTO of Founders Fund portfolio company Palantir, the analytical software firm that helped track down the perpetrators of the attacks on the Dalai Lama's computers.  

"We're delighted that our limited partners have backed us for a third fund," said Howery, "and we'll use that fund to continue supporting transformational companies."    

ABOUT FOUNDERS FUND

Founders Fund is managed by seasoned entrepreneurs Peter Thiel, Ken Howery, Luke Nosek (co-founders, PayPal) and Sean Parker (founding president, Facebook; co-founder Plaxo, Causes, Napster) to support early-stage companies.  Founders Fund has made early investments in some of the most prominent ventures of the past decade, including Facebook, Causes, Palantir Technologies, Quantcast, and SpaceX.  The firm, headquartered in San Francisco, pursues a founder-friendly investment strategy that provides maximum support and minimum interference to world-class entrepreneurs.  

SOURCE Founders Fund

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Underscoring the stock market's volatility in the second quarter, online brokerage Folio Investing today announced that each of its Top 5 performing Ready-to-Go Folios for the quarter were either bear market or bond Folios.

Folio Investing's Ready-to-Go Folios are professionally designed model portfolios that investors can purchase in a single transaction.  Using RTGs as building blocks, an investor can quickly assemble a complete and diversified portfolio.  Various RTGs represent market indices, industry sectors, geographic regions, investment styles, target date investments and other categories.

The Bear Market 2X Folio was Folio Investing's No. 1-performing Ready-to-Go Folio for the second quarter, with a return of 15.16 percent. The Bear Market 2X Folio is designed to be negatively or inversely correlated with the performance of the overall market on a daily basis.  This Folio is designed to provide a short-term hedge during market downturns or periods of significant volatility.  It is not designed to be used as part of a long-term strategy.

Two other similarly designed Bear Market Folios, along with two ETF-based Bond Folios, round out the Top 5 for the second quarter.  In contrast, the Top 5 RTG Folios for the first quarter consisted of a mix of industry and strategy Folios (See April press release.)

Folio Investing's Top Five Ready-to-Go Folios

Second Quarter 2010

Comparatively, the overall stock market, as represented by the Standard & Poor's 500 Index, fell 11.43 percent in the second quarter.

For quarterly performance data on all 150 RTG Folios, along with information on their holdings and methodologies, go to: www.FolioInvesting.com/rtg/.

About Folio Investing

Folio Investing, a division of FOLIOfn Investments Inc., is an online brokerage that enables investors to manage stocks, ETFs, and mutual funds as integrated investment portfolios called "Folios" that deliver better control, greater transparency, and lower cost. Investors can create their own Folios, much like creating personalized ETFs or mutual funds, or invest in over 150 Ready-to-Go Folios representing market indices, industry sectors, geographical regions, target dates, and more. The Folio Unlimited Plan features unlimited commission-free trading in twice-daily windows for only $29 a month or $290 a year. More information is available at: www.FolioInvesting.com.

Ready-to-Go Folios can be managed or unmanaged, are not registered investment companies, and are offered by FOLIOfn Investments Inc., a registered broker-dealer. FOLIOfn Investments Inc. does not provide investment, tax, or legal advice. FOLIOfn Investments Inc. is a member of FINRA/SIPC.

Past performance of RTG Folios is not indicative of future results.

SOURCE Folio Investing

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NICE Actimize, a NICE Systems (NASDAQ: NICE) company and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, today announced that Caja Madrid, one of the largest savings banks in Spain, has deployed its Market Abuse solution to comply with strict requirements imposed by the Spanish regulator Comision Nacional del Mercado de Valores (CNMV) and to better align with the EU market abuse directive. Caja Madrid has implemented NICE Actimize's Market Abuse solution to help it monitor and prevent market manipulation and insider dealing.

Caja Madrid is one of the first savings banks in Spain to adopt this type of solution. The Savings bank has assets of over 191 billion Euros under management. Working alongside Deloitte Espana, NICE Actimize deployed the first phase of its Market Abuse solution, including the bank's high priority models, within three months, and later phased in the full market abuse package to provide Caja Madrid with a complete overview of trading activities with the ability to identify and report suspicious transactions.

"The Actimize Market Abuse solution is a highly flexible and fully scalable product," explained D. Manuel Fernandez Navarro, Director del Area de Cumplimiento Normativo at Caja Madrid. "We set an aggressive deployment timeline and are proud that the first production phase of our compliance program was completed within three months. We were satisfied with the solution and NICE Actimize's deep domain expertise within the brokerage compliance space."

The Actimize Market Abuse solution helps large to mid-sized firms comply with regulatory requirements from all European regulators by monitoring and detecting suspicious transactions and automatically distributing alerts directly to relevant users within an intuitive case management workflow environment. It increases firms' insight into suspicious behaviour and improves risk management and compliance performance.

The Actimize Market Abuse solution uses several analytical methods to assign pnriority scores to alerts, thus improving the efficiency of regulators, trading managers and compliance staff. NICE Actimize's solutions are all built on a single technology platform, which provides lower total cost of ownership (TCO) as compared to siloed solutions and gives firms the flexibility to incrementally add new solutions over time.

"The EU Market Abuse Directive is very detailed, but it is up to each member country to interpret and to take the appropriate steps to adhere to the guidelines, and the Actimize Market Abuse solution has set the standard in Europe, being leveraged by firms and regulators alike," said Bruno Piers de Raveschoot, vice president, Head of Europe and Asia Pacific of NICE Actimize. "Caja Madrid is leading the way in Spain, by using our Market Abuse solution. Working across Europe, NICE Actimize helps its clients comply with the broader EU rules and local interpretations."

About Caja Madrid

Caja Madrid heads up the fourth largest financial group in Spain, with a 2009 year end assets of EUR 191,904 million, over 7 million customers and a market share in both loans and customer funds of over 7%. It follows a universal banking model, offering a wide array of products and services in retail, investment and private banking throughout its 2,179 branch network in Spain. At the end of 2009 it employed 15,259 people Caja Madrid group holds four branches abroad: Miami, Lisbon, Dublin and Vienna.

Caja Madrid is the leader and the most ancient entity concerning "Social Action", engagement and volume of applied resources.

About NICE Actimize

NICE Actimize, a NICE Systems (NASDAQ: NICE) company, is the world's largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry. NICE Actimize empowers its clients to prevent financial crime, mitigate risk, reduce operational costs, minimize losses and improve compliance. The company provides real-time and cross-channel fraud prevention, anti-money laundering, enterprise investigations, risk management and trading surveillance solutions built upon the Actimize Core Platform which has been enhanced by the company's acquisitions of Syfact and Fortent (Searchspace) analytics and technology. With offices across North America, Europe, and Asia, NICE Actimize serves more than 200 clients globally including all of the world's 10 largest financial institutions. http://www.actimize.com.

About NICE Systems

NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions solutions and value-added services, powered by advanced analytics of unstructured multimedia content - from telephony, web, radio and video communications. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including more than 80 of the Fortune 100 companies. More information is available at http://www.nice.com.

Trademark Note: ACTIMIZE, Actimize logo, Insight from Interactions, NICE and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks are trademarks of their respective owners. For a full list of NICE Systems's marks, please see: http://www.nice.com/NICETrademarks.html.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Messer Piers, are based on the current expectations of the management of NICE-Systems Ltd. (the Company) only, and are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company's customer base (particularly financial services firms) and the resulting uncertainties; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; pressure on pricing resulting from competition; and inability to maintain certain marketing and distribution arrangements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

    Press Contact:

    Jonathan Stotts
    NICE Actimize
    +1-212-994-3865
    jonathan.stotts@actimize.com

    Investors:

    Daphna Golden
    NICE Systems Ltd.
    +1-877-245-7449
    daphna.golden@nice.com

SOURCE NICE Systems

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MKM Partners today announced that Aaron Schwartz, CFA, has joined as Executive Director in its Equity Research department to cover enterprise software companies.  He will be based in MKM's Stamford headquarters.  Mr. Schwartz has covered the software industry as an equity research analyst for 10 years. He has a wide range of industry knowledge, with previous company coverage across a range of subsectors, including virtualization, network and systems management, storage and security software.  Aaron was most recently a Senior Vice President at Ladenburg Thalmann.  Prior to that, he spent 10 years at J.P. Morgan, where he served as a Senior Equity Research Analyst covering the software industry. Aaron holds a B.A. from Rollins College and is a CFA charterholder.

"I am excited about joining the proven and growing team at MKM Partners," Aaron remarked.  "I look forward to providing the high-quality and insightful research that MKM's research team is known for."

"Aaron brings a combination of bulge-bracket research experience and high-touch, independent thinking to MKM's highly regarded institutional equity research franchise," MKM Partners CEO Richard R. Castellano said.  "This maps directly onto MKM's client-facing strategy."

ABOUT MKM PARTNERS

MKM Partners is an institutional equity research, sales and trading firm.  Headquartered in Stamford, Connecticut, with offices in New York City, Boston and across the U.S., MKM provides clients with actionable and unbiased economic, technical, derivative, event-driven and fundamental research and has trade execution abilities in U.S. and foreign equity markets and in U.S. options markets.  In addition to offering timely access to its traders and analysts, MKM focuses on delivering exceptional service to institutional clients across its trading and research platforms.  More information about MKM Partners can be accessed at www.mkmpartners.com.

SOURCE MKM Partners LLC

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Brownstone Investment Group ("Brownstone"), a fixed income investment firm, today announced that Sean Richter has joined as a Director in its Investment Grade Department.  Richter joins Brownstone from Stifel Nicolaus, where he spent two years as co-head of the Investment Grade Corporate Desk.

"We are thrilled to have Sean on board," said Douglas Lowey, President and CEO of Brownstone.  "We have branched out from our high yield roots by adding a top-notch investment grade operation over the past three years.  Bringing on Sean positions us to continue our successful expansion and diversification effort."

Brownstone began expanding into investment grade products in 2007, bringing on Michael Catalano and, a year later, Christie Morse.  Richter's hire solidifies the firm's disciplined growth strategy, which includes adding strategic professionals within its principal trading operation and developing synergistic new business lines.

"This is an exciting time to join Brownstone," said Richter.  "They have a long standing history, deep relationships, and a solid reputation on the Street."

Prior to his executive role at Stifel Nicolaus, Richter was a Senior Vice President at Jefferies & Company.  He held Vice President positions at Spear, Leeds & Kellogg from 2002-2005, and Pershing from 2001-02.  Richter began his career in corporate bond trading at Legg Mason Wood Walker in 1996, and holds a bachelor's degree in business administration from Loyola College in Baltimore.

For more information, please visit www.brownstone.com.

About Brownstone Investment Group

Founded in 1998, New York-based Brownstone Investment Group LLC ("Brownstone") is a dynamic, technology-driven fixed income investment firm.  The firm's multiple business lines center around its expertise within the high yield and investment grade credit markets.  Brownstone is one of the leading and oldest independently held firms operating in its niche.

SOURCE Brownstone Investment Group

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Arlington Asset Investment Corp. (NYSE: AI) (the "Company") announced today that the Company will release results for the second quarter of 2010 after the market closes on Wednesday, July 28, 2010, and will hold a conference call for investors at 9:00 A.M. ET on Thursday, July 29, 2010 to discuss the results.

Investors wishing to listen to the earnings call at 9:00 A.M. ET, Thursday, July 29, 2010, may do so via the Web at:  http://www.arlingtonasset.com/index.php?s=19

Replays of the earnings call will be available via webcast two hours after the call ends.

Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that invests primarily in mortgage-related assets. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com.

SOURCE Arlington Asset Investment Corp.

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In his latest quarterly commentary, Max Bublitz, chief strategist and portfolio manager at SCM Advisors LLC, an affiliated investment manager of Virtus Investment Partners (Nasdaq: VRTS), likens the recent financial tumult to a critical moment in the 1975 thriller "Jaws" when Police Chief Martin Brody first realizes the enormity of the great white shark terrorizing the beaches of Amity.  "You're gonna need a bigger boat," a wide-eyed Brody tells the captain of the ship that's hunting the shark.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090105/NEM020LOGO )

(Logo:  http://photos.prnewswire.com/prnh/20090105/NEM020LOGO )

"We get the distinct impression that many policymakers today are staggering around with their Chief Brody face on, realizing that a bigger boat may indeed be needed," Bublitz writes.

He notes that while there has been both an economic and market bounce from government efforts to respond to the 2008-2009 recession, the recovery has been extremely fragile and significantly weaker than what many expect.  Money and credit growth is nonexistent, the labor markets have been slow to respond, and most important, debt – the root cause of the crisis – has not been meaningfully reduced," says Bublitz.

Now, we must hope for a successful handoff from the government to the private sector.  That will be the point when the economic recovery is sustained enough for private sector earnings to help offset the effects of deleveraging, leaving the government to go about the business of putting its fiscal house in order.

Bublitz doesn't expect any Fed rate hikes until well into 2011, and is actually expecting to see another round of easing from the Fed. "(Fed Chairman Ben) Bernanke can't and won't tolerate a double-dip recession out of fear of creating a cut and paste version of the 1930s. Like Amity's mayor, he knows full well the impact of closing the economic beaches."

Economic growth for this cycle has likely peaked, both in the U.S. and abroad, and Bublitz forecasts slower growth in the second half of 2010 with domestic GDP falling below 2 percent. He also believes that neither the housing nor labor market has hit the bottom of their cycles.  On the positive side, while inflation is nearing its trough, the timeframe for it to become a concern for the economy can now be measured in years, not months.

The financial system now finds itself in the next phase of the crisis, an "echo crisis," which, Bublitz says, has led to an echo in volatility.  "We continue to view the rally off the March 2009 lows as a cyclical bounce within the secular bear market that began in 2000. The major indexes are retesting their lows for the year for the fourth time, and we're left with many more questions than we have answers."

Policymakers will need to keep their eye on a number of trends – such as consumer and business confidence, money and credit trends, the jobs picture, and the direction of the dollar – to help them decide on a course of action. "But however they respond, we're definitely in the middle of one hell of a lab experiment," Bublitz says. "No doubt, these are highly uncertain and likely very volatile times."

About SCM Advisors LLC

SCM Advisors LLC, an affiliated investment manager of Virtus Investment Partners, is an independently-managed investment firm, based in San Francisco, CA, that provides asset management services to corporate, government and multi-employer pension funds, as well as foundations, endowments and high net worth private clients. SCM Advisors specializes in fixed income and equity strategies for its diversified client base. Visit SCM Advisors at www.scmadv.com.

About Virtus Investment Partners, Inc.

Virtus Investment Partners (Nasdaq: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Additional information can be found at www.virtus.com.

Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed, and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.

SOURCE Virtus Investment Partners, Inc.

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SmartGrowth® Mutual Funds, a family of mutual funds designed to address the diverse objectives, time horizons and risk profiles of investors across the risk/reward spectrum, is pleased to announce that two of its mutual funds rank in the top 2 percent of their category for three-year returns as of June 30, 2010, according to Lipper. The Funds, which incorporate exchange-traded funds (ETFs) and asset allocation, seek to produce superior risk-adjusted returns for long-term investors.

"We are proud to reach the three-year milestone with a record of relative outperformance in one of the most difficult market periods in our country's history," said Kevin Mahn, Portfolio Manager for the SmartGrowth Mutual Funds. "Our funds deliver diversification and risk-return profiles that are distinctive among current investment opportunities and we look forward to their continued success."

The SmartGrowth family of funds consists of a series of three target-risk mutual funds. SmartGrowth® Lipper Optimal Conservative Index Fund (LPCAX) and SmartGrowth® Lipper Optimal Moderate Index Fund (LPMAX) both rank in the top 2% of their category, out of 714 funds, according to Lipper. In addition, SmartGrowth® Lipper Optimal Growth Index Fund (LPGAX) reached its three-year anniversary ranking in the top 5% of its category, out of 714 funds. Three year returns for the funds are: -2.18% (LPCAX); -4.24% (LPGAX) and -2.52% (LPMAX).  The three year return for the S&P 500 is -9.81%.  

Launched June 1, 2007, each target risk fund is benchmarked to one of Lipper's proprietary Optimal Target Risk Indices and offers investors three risk/reward options ranging from conservative to growth portfolios. Designed to provide investors with an investment solution that helps take the guesswork out of choosing the right blend of ETFs and exchange-traded notes (ETNs), the SmartGrowth Mutual Funds attempt to track the Target Risk Indices' carefully selected ETFs and ETNs whose historical returns, liquidity, correlations and expenses are analyzed to identify the appropriate mix for each index's risk/reward profile.

"The SmarthGrowth Funds were born out of the difficulty in building a properly allocated portfolio," said Bill Walsh, Partner of Hennion & Walsh, which serves as the investment advisor to SmartGrowth Mutual Funds.

"Our mission is to help individuals invest in accordance with their unique risk-return needs and objectives, with disciplined strategies that have the potential to provide superior long-term results," said Rich Hennion, Partner of Hennion & Walsh.  

To request more information or to speak to Mssrs. Mahn and Walsh, please contact Katrine Winther-Olesen at 973-400-1341 or katrine@jcprinc.com.

About SmartGrowth Mutual Funds

Hennion and Walsh Asset Management serves as the Investment Advisor for the SmartGrowth® Mutual Funds.

The Adviser is an affiliate of full-service broker/dealer Hennion & Walsh, Inc. Founded by Richard Hennion and William Walsh, Hennion & Walsh, Inc. has been serving clients as a full-service securities firm, specializing in municipal bonds since 1990. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime. The firm currently offers 11 unit investment trust ("UITs") under the SmartTrust® brand, as well as managed money portfolios to both individuals and retirement plans. As of March 31, 2010, the adviser had $218 million in assets under management or supervision.

Additional information about the SmartGrowth® Mutual Funds is available at www.smartgrowthfunds.com.

Mutual fund investing involves risk, including loss of principal. There is no guarantee that a Fund will meet its objective.

Please carefully consider a Fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-888-465-5722. Read carefully before investing.

Performance through 6/30/2010 is: LPGAX: 4.16% (one year) and -4.70% (since inception); LPMAX: 1.21% (one year) and -3.22% (since inception); LPCAX: 0.19% (one year) and -2.99% (since inception).  Inception date is 6/1/2007.  The performance data quoted represents past performance.  Past performance does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.  For performance data current to most recent month end, call 1-888-465-5722 or visit the website at www.smartgrowthfunds.com.

Performance for the S&P 500 Index through 6/30/2010 is: 14.43% (one year); -9.81% (three years) and -10.16% (since inception, 6/1/2007).  Index returns are for illustrative purposes only. The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general.  You cannot invest directly in an index.

Net expense ratio for each fund is 1.50%.  The advisor has contractually agreed to waive fees and reimburse expenses until May 31, 2011.  In the absence of current fee waivers, total return would be reduced.  The funds impose a 4.75% sales charge on purchases, and impose a 2% redemption fee on redemptions of shares held less than 7 days.

For the one year ending 6/30/2010, Lipper rankings for the funds in the Multi-Cap Core Funds category are:  LPCAX: 828/830; LPGAX: 814/830 and LPMAX: 826/830.

The SmartGrowth® Mutual Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Hennion & Walsh Asset Management or Lipper (a ThomsonReuters Company).

SOURCE SmartGrowth Mutual Funds

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Calvert Asset Management Company, Inc. and the Connecticut Retirement Plans and Trust Funds (CRPTF) today announced the successful resolution of their joint shareholder proposal on board diversity filed with Netflix (NFLX), the world's largest subscription entertainment service.  The company has named its first female director Ann Mathers, an entertainment industry veteran who has served in senior finance roles at Pixar Animation Studios, The Walt Disney Company and Paramount Pictures.  Ms. Mathers joined the Netflix Board on July 1, 2010.

Calvert and the CRPTF filed their resolution on December 1, 2009, asking Netflix to take every reasonable step to ensure that women and minority candidates are in the pool from which Board nominees are chosen and to publicly commit itself to a policy of board inclusiveness. In March 2010, Netflix incorporated language in its corporate governance and nominating committee charter making gender and race a factor in considering board candidates.  The firm announced it would add Ms. Mathers to the board on June 16th.  

"We applaud Netflix's decision to increase the diversity of its board and its discernment in naming such a strong, experienced director," said Barbara J. Krumsiek, President & CEO of Calvert Group, Ltd.  "Netflix has affirmed Calvert's belief that shareholder value and corporate bottom lines are enhanced by an independent and diverse board."

Connecticut State Treasurer Denise L. Nappier, principal fiduciary of the $23 billion CRPTF, said, "In this economic climate, boards should take every reasonable step to preserve and enhance long-term financial performance. Given the compelling business case for board diversity, the addition of a woman to Netflix's board of directors is an important and strategically sound step in the right direction."

Both Calvert and the CRPTF have made significant commitments to shareholder advocacy on the issue of board diversity.  

Calvert began its board diversity initiative in 2002, after new listing requirements mandated an increased number of independent directors.  In 2003, Calvert introduced a model nominating committee charter for corporate boards as a means to institutionalize their commitment to a diverse and inclusive board. In December 2009, Calvert commented on and contributed to the Securities and Exchange Commission (SEC)'s new requirements for disclosing board diversity guidelines and procedures.   Since 2002, Calvert has filed 51 shareholder resolutions related to diversity and successfully withdrawn 43 of them.  

On behalf of the CRPTF, Connecticut State Treasurer Denise L. Nappier has spearheaded Connecticut's initiative to increase the participation of women and minorities as members of Boards of Directors of corporations in which the pension fund invests.  Since 2001, Treasurer Nappier has filed over a dozen shareholder resolutions on corporate board diversity at a number of companies, including Danaher Corporation and Apple.  In accordance with the State of Connecticut's investment policy and the recognition that companies and firms that demonstrate a commitment to diversity are more likely to succeed in an increasingly global marketplace, Treasurer Nappier also continues to support firms that demonstrate a commitment to diversity in the workplace and encourages providers of investment advisory services to utilize Connecticut-based, minority, women and emerging broker-dealers in trading of CRPTF's securities.

About Connecticut Retirement Plans and Trust Funds

As principal fiduciary for $23 billion Connecticut Retirement Plans and Trust Funds (CRPTF), which consists of six State pension plans and eight trust funds, Connecticut State Treasurer Denise L. Nappier is responsible for prudently managing the retirement funds for approximately 160,000 teachers, state, and municipal employees who are pension plan participants and beneficiaries. More information about the CRPTF can be found at www.state.ct.us/ott.

About Calvert

Calvert Investments is an investment management company that offers mutual funds and separate account strategies to institutional and retail investors, retirement plans, financial intermediaries and their clients. By combining rigorous analysis with independent thinking, our disciplined approach to money management goes beyond traditional factors in order to manage risk and to identify investment opportunities with greater long-term potential. We offer more than 50 equity, bond, cash, and asset allocation investment strategies, a number of which feature integrated corporate sustainability and responsibility research. Founded in 1976 and based in Bethesda, Maryland, Calvert Investments managed assets of more than $14 billion as of July 14, 2010.

A leader in Sustainable and Responsible Investments (SRI), Calvert Investments offers investors among the widest choice of SRI strategies of any investment management company in the United States. Each SRI strategy employs one of three proprietary approaches. Calvert Signature™ Strategies integrate two distinct research frameworks: a rigorous review of financial performance plus a thorough assessment of environmental, social and governance performance. Only when a company meets Calvert standards for both frameworks will we consider investing. Calvert Solution™ Strategies selectively invest in companies that produce products and services designed to solve some of today's most pressing sustainability challenges. Calvert SAGE™ Strategies emphasize strategic engagement to advance environmental, social and governance performance in companies that may not meet Calvert standards today, but have the potential to improve. More information on Calvert SRI strategies is available at www.Calvert.com/SRI.

For more information on any Calvert fund, please contact your financial advisor, call Calvert at 800.368.2748 or visit www.calvert.com for a free summary prospectus and/or prospectus. An institutional investor should call Calvert at 800.327.2109. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The summary prospectus and prospectus contain this and other information. Read them carefully before you invest or send money.

Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., member FINRA, a subsidiary of Calvert Group, Ltd. (#10278,7/10)

SOURCE Calvert, Bethesda, MD

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American Capital Ltd. (Nasdaq: ACAS) announced today it will report second quarter 2010 earnings after market close on August 3, 2010.  Shareholders, prospective shareholders and analysts may listen to the shareholder call on August 4, 2010 at 11:00 am ET.  The call can be accessed through a live webcast, free of charge, at www.AmericanCapital.com or by dialing (877) 569-8701(U.S. domestic) or (574) 941-7382 (international). Please provide the operator with the conference ID number 88487445.  If you do not plan on asking a question on the call and have access to the internet, please take advantage of the webcast.  

A slide presentation will accompany the shareholder call and will be available at www.AmericanCapital.com.  Select the Q2 2010 Earnings Presentation link to download and print the presentation in advance of the shareholder call.

An archived audio of the call combined with the slide presentation will be made available on our website after the call on August 4.  In addition, there will be a phone recording available from 4:00 pm August 4 until 11:59 pm August 18.  If you are interested in hearing the recording of the presentation, please access it for free on our website or dial (800) 642-1687 (U.S. domestic) or (706) 645-9291 (international).  The access code for both domestic and international callers is 88487445.

For further information, please contact Investor Relations at (301) 951-5917 or IR@AmericanCapital.com.

ABOUT AMERICAN CAPITAL

American Capital is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate and structured products. Founded in 1986, American Capital has $14 billion in capital resources under management and eight offices in the U.S., Europe and Asia. American Capital and its affiliates will consider investment opportunities from $5 million to $100 million. For further information, please refer to www.AmericanCapital.com.

This press release contains forward-looking statements. The statements regarding expected results of American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions or changes in the conditions of the industries in which American Capital has made investments.

SOURCE American Capital Ltd.

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Investment Technology Group, Inc. (NYSE: ITG), a leading agency broker and financial technology firm, today announced the hiring of Jamie Selway as a Managing Director in its New York office.  Mr. Selway will contribute to ITG's business strategy and provide ITG clients with analysis of market structure and potential developments in the regulatory environment.

Prior to joining ITG, Mr. Selway was Managing Director at White Cap Trading, an institutional agency brokerage that he co-founded in 2003.  He previously served as Chief Economist at Archipelago and worked in equity derivatives research at Goldman Sachs.  Mr. Selway holds a B.A. from Washington & Lee University and an M.S. from the University of Chicago.

ITG today also announced the hiring of Mr. Selway's three partners at White Cap Trading: William D'Arbanville, Jamie Petraglia and Tim Love.  Mr. D'Arbanville and Mr. Petraglia will join ITG's New York trading desk while Mr. Love will join the Boston trading desk.

Commenting on the hires, ITG's CEO and President, Bob Gasser, said, "Jamie Selway is universally recognized as a key player in the evolution of US market structure.  Over the past several years he has become a valued advisor to the buy side trading community and a respected industry voice on regulatory issues that directly affect our business.  The addition of Jamie and his White Cap colleagues to our team affirms ITG's commitment to developing a differentiated portfolio of content offerings to complement our world-class trading analytics and execution capabilities."

"ITG has a storied past of innovation and is respected throughout the marketplace for its deep client relationships and expert knowledge of the trading process," said Mr. Selway. "My partners and I look forward to contributing to ITG's future."

About ITG

Investment Technology Group, Inc., is an independent agency broker and financial technology firm that partners with asset managers globally to improve performance throughout the investment process. A leader in electronic trading since launching the POSIT® crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional liquidity and market-leading execution services, measurement tools, and proprietary data. Asset managers rely on ITG's independence, experience, and intellectual capital to help mitigate risk, improve performance, and navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, Europe, and the Asia Pacific region. For more information on ITG, please visit www.itg.com.

SOURCE Investment Technology Group, Inc.

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MassMutual Retirement Services Division has appointed Michael Reilly to the post of divisional sales manager for the South/Central Region. As the newest member of MassMutual's sales management team, he is responsible for managing the Chicago field office and the territory encompassing Ala., Fla., Ga., Ill., Ind., Ky., Md., N.C., Puerto Rico, S.C., Tenn., Va., Washington, D.C. and eastern and central Wisconsin. He reports to Hugh O'Toole, senior vice president of sales and client management for MassMutual's Retirement Services Division.

Reilly brings over 15 years of retirement services experience to MassMutual, having held various management roles across sales and operations in the financial services industry. He joins MassMutual from JPMorgan Chase & Co. where he most recently served as institutional sales director. Prior to JP Morgan Chase, he held numerous leadership positions at Putnam Investments.

"We look forward to tapping Mike's deep industry experience and strong leadership capabilities in support of retirement plan advisors and their business development efforts in the South/Central Region," says O'Toole. "Once again, MassMutual's reputation for delivering excellent service to retirement plan advisors has enabled us to attract top industry talent of Mike's caliber. We look forward to continued growth in Mike's territory and in the retirement services marketplace at large."

Reilly is based in Charlotte, N.C., and can be reached at (704) 724-3507 or michaelreilly@massmutual.com. For more information about MassMutual Retirement Services, please contact your retirement plan representative or call MassMutual at 1-888-626-4911.

About MassMutual

MassMutual's Retirement Services Division has been serving retirement plans for more than 60 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately one million participants.

Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders.  The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) [of which Retirement Services is a division] and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, Inc., member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.

For more information, visit massmutual.com.

SOURCE MassMutual Retirement Services Division

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Founders Fund, the venture backer of companies including Facebook, Spotify, and SpaceX, has closed its third venture fund.  The Founders Fund III LP and its parallel funds were oversubscribed, reaching the firm's cap of $250 million in commitments, making the Fund III suite the firm's largest yet.  The substantial majority of commitments came from limited partners of the firm's prior funds, joined by a small number of new investors.

Founders Fund is managed by Peter Thiel, Ken Howery, Luke Nosek, and Sean Parker, all of whom were company founders before becoming venture capitalists.   Founders Fund seeks to eliminate the traditional tensions between venture capitalists and start-ups through a unique, founder-friendly approach.  "Our goal is to provide as much support for a company as it requires, without interfering with an entrepreneur's vision for that company," said Peter Thiel.  "In our experience that leads to the best returns for our investors."  "Founders Fund has been an incredible partner for Quantcast; they've offered outstanding advice and guidance while giving us the freedom to grow the business in the ways we think best.  Quantcast's tremendous growth testifies to the effectiveness of that model," said Konrad Feldman, CEO of Quantcast, the audience insights and targeting company backed by Founders Fund.  

Fund III intends to leverage the firm's experience in consumer-internet, as well as to expand its investments in companies pursuing revolutionary solutions to major science and engineering problems.  "As companies like Spotify make clear, consumer internet continues to present tremendous opportunities," said managing partner Sean Parker, who previously served as the founding president of Facebook and co-founder of Causes (both Founders Fund investments), and who also co-founded Napster and Plaxo. "And as the launch of SpaceX's Falcon 9 demonstrates, ambitious engineering projects can also generate terrific value," said Luke Nosek, a Founders Fund managing partner and a director of SpaceX.  

According to Ken Howery, "Despite years of cynicism and low returns in the industry, our companies show that there are compelling opportunities in several categories for bold investors."  "I worked with the partners of Founders Fund when I was at PayPal, and their expertise in consumer internet is second to none.  Having worked with them at Palantir and now at RoboteX, I can say that they are the rare VC that understands both consumer-side and hard engineering and that they invest with conviction," said Nathan Gettings, CEO of RoboteX, which makes multi-purpose robots used by police agencies, SWAT teams, and civilian users.  Gettings is also CTO of Founders Fund portfolio company Palantir, the analytical software firm that helped track down the perpetrators of the attacks on the Dalai Lama's computers.  

"We're delighted that our limited partners have backed us for a third fund," said Howery, "and we'll use that fund to continue supporting transformational companies."    

ABOUT FOUNDERS FUND

Founders Fund is managed by seasoned entrepreneurs Peter Thiel, Ken Howery, Luke Nosek (co-founders, PayPal) and Sean Parker (founding president, Facebook; co-founder Plaxo, Causes, Napster) to support early-stage companies.  Founders Fund has made early investments in some of the most prominent ventures of the past decade, including Facebook, Causes, Palantir Technologies, Quantcast, and SpaceX.  The firm, headquartered in San Francisco, pursues a founder-friendly investment strategy that provides maximum support and minimum interference to world-class entrepreneurs.  

SOURCE Founders Fund

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At a meeting held on July 23, 2010, shareholders of Eaton Vance Enhanced Equity Income Fund (the "Fund") (NYSE: EOI), a closed-end investment company, voted to elect Helen Frame Peters, Lynn A. Stout and Ralph F. Verni as Class III Trustees of the Fund, each for a three-year term.  The Fund's Class I and Class II Trustees, who serve staggered terms, were not up for election and remain in office.  

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924.  Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.   The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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At a meeting held on July 23, 2010, shareholders of Eaton Vance California Municipal Bond Fund (NYSE Amex: EVM), Eaton Vance California Municipal Bond Fund II (NYSE Amex: EIA), Eaton Vance Massachusetts Municipal Bond Fund (NYSE Amex: MAB), Eaton Vance Michigan Municipal Bond Fund (NYSE Amex: MIW), Eaton Vance Municipal Bond Fund (NYSE Amex: EIM), Eaton Vance Municipal Bond Fund II (NYSE Amex: EIV), Eaton Vance New Jersey Municipal Bond Fund (NYSE Amex: EMJ), Eaton Vance New York Municipal Bond Fund (NYSE Amex: ENX), Eaton Vance New York Municipal Bond Fund II (NYSE Amex: NYH), Eaton Vance Ohio Municipal Bond Fund (NYSE Amex: EIO) and Eaton Vance Pennsylvania Municipal Bond Fund (NYSE Amex: EIP), each a closed-end investment company, voted to elect Thomas E. Faust Jr. and Allen R. Freedman as Class II Trustees of each Fund and Benjamin C. Esty elected solely by holders of Auction Preferred Shares (APS)  as Class II APS Trustee of each Fund, each for a three-year term. The Class I and Class III Trustees of each Fund, who serve staggered terms, were not up for election and remain in office.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924.  Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.   The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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American Capital Ltd. (Nasdaq: ACAS) announced today it will report second quarter 2010 earnings after market close on August 3, 2010.  Shareholders, prospective shareholders and analysts may listen to the shareholder call on August 4, 2010 at 11:00 am ET.  The call can be accessed through a live webcast, free of charge, at www.AmericanCapital.com or by dialing (877) 569-8701(U.S. domestic) or (574) 941-7382 (international). Please provide the operator with the conference ID number 88487445.  If you do not plan on asking a question on the call and have access to the internet, please take advantage of the webcast.  

A slide presentation will accompany the shareholder call and will be available at www.AmericanCapital.com.  Select the Q2 2010 Earnings Presentation link to download and print the presentation in advance of the shareholder call.

An archived audio of the call combined with the slide presentation will be made available on our website after the call on August 4.  In addition, there will be a phone recording available from 4:00 pm August 4 until 11:59 pm August 18.  If you are interested in hearing the recording of the presentation, please access it for free on our website or dial (800) 642-1687 (U.S. domestic) or (706) 645-9291 (international).  The access code for both domestic and international callers is 88487445.

For further information, please contact Investor Relations at (301) 951-5917 or IR@AmericanCapital.com.

ABOUT AMERICAN CAPITAL

American Capital is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate and structured products. Founded in 1986, American Capital has $14 billion in capital resources under management and eight offices in the U.S., Europe and Asia. American Capital and its affiliates will consider investment opportunities from $5 million to $100 million. For further information, please refer to www.AmericanCapital.com.

This press release contains forward-looking statements. The statements regarding expected results of American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions or changes in the conditions of the industries in which American Capital has made investments.

SOURCE American Capital Ltd.

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eMoney Advisor, a leading provider of advanced wealth and goal planning solutions for financial advisors, announces a new integrated service for advisors, eMoney for Outlook.  The new add-in, released with Version 7.0, brings important and up-to-date eMoney client data where advisors reside most -- in Microsoft Outlook®.

With eMoney for Outlook, when an advisor receives an email, a panel containing valuable, up-to-date financial information appears.  This information includes a summary of the client's financials, investments and insurance products.  Also visible, the client's ranking based on their net worth, investable assets and AUM.  The advisor can even access valuable eMoney reports including assets, liabilities, balance sheet, cash flow, asset allocation and more.

"eMoney for Outlook saves advisors valuable time and eliminates the frustration of having to jump between their two most valuable software resources, eMoney and Outlook," explains Edmond J. Walters, CEO and founder, eMoney Advisor, LLC.  "With eMoney for Outlook advisors now have the information they need, where they need it.  This enables them to quickly respond to clients and prioritize their activities."

eMoney for Outlook is the latest addition to the eMoney Everywhere program.  The eMoney Everywhere program integrates CRM, wireless, office and popular advisor tools with eMoney's award winning web-based applications creating the ultimate advisor desktop.  eMoney Everywhere leverages web services, common architectures, and industry standard file formats to allow for data integration between eMoney 360 and 360 Pro with other tools.  The flexibility and timesaving benefits of the eMoney Everywhere program provides advisors with a full financial desktop translating into better workflow and the delivery of enhanced client service.

About eMoney Advisor:

eMoney Advisor, based in Conshohocken, Pennsylvania, provides a suite of award-winning, web-based wealth-planning tools that offer an aggregated, comprehensive view of a client's financial portfolio, as well as features and functions that enable more complete planning and better servicing of a client's needs.  eMoney's suite of tools are used by leading financial services firms around the country, including such well-known names as The Guardian Life Insurance Company of America, LPL Financial, MassMutual Financial Group, MetLife, TD Bank, New York Life, RBC, Northern Trust, PricewaterhouseCoopers, Securian Financial Services, and over 50 of the top independent broker dealers and RIA firms in the country.  For more information, please visit our website at www.emoneyadvisor.com or contact us at 1-888-362-4612.

SOURCE eMoney Advisor

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Calvert Asset Management Company, Inc. and the Connecticut Retirement Plans and Trust Funds (CRPTF) today announced the successful resolution of their joint shareholder proposal on board diversity filed with Netflix (NFLX), the world's largest subscription entertainment service.  The company has named its first female director Ann Mathers, an entertainment industry veteran who has served in senior finance roles at Pixar Animation Studios, The Walt Disney Company and Paramount Pictures.  Ms. Mathers joined the Netflix Board on July 1, 2010.

Calvert and the CRPTF filed their resolution on December 1, 2009, asking Netflix to take every reasonable step to ensure that women and minority candidates are in the pool from which Board nominees are chosen and to publicly commit itself to a policy of board inclusiveness. In March 2010, Netflix incorporated language in its corporate governance and nominating committee charter making gender and race a factor in considering board candidates.  The firm announced it would add Ms. Mathers to the board on June 16th.  

"We applaud Netflix's decision to increase the diversity of its board and its discernment in naming such a strong, experienced director," said Barbara J. Krumsiek, President & CEO of Calvert Group, Ltd.  "Netflix has affirmed Calvert's belief that shareholder value and corporate bottom lines are enhanced by an independent and diverse board."

Connecticut State Treasurer Denise L. Nappier, principal fiduciary of the $23 billion CRPTF, said, "In this economic climate, boards should take every reasonable step to preserve and enhance long-term financial performance. Given the compelling business case for board diversity, the addition of a woman to Netflix's board of directors is an important and strategically sound step in the right direction."

Both Calvert and the CRPTF have made significant commitments to shareholder advocacy on the issue of board diversity.  

Calvert began its board diversity initiative in 2002, after new listing requirements mandated an increased number of independent directors.  In 2003, Calvert introduced a model nominating committee charter for corporate boards as a means to institutionalize their commitment to a diverse and inclusive board. In December 2009, Calvert commented on and contributed to the Securities and Exchange Commission (SEC)'s new requirements for disclosing board diversity guidelines and procedures.   Since 2002, Calvert has filed 51 shareholder resolutions related to diversity and successfully withdrawn 43 of them.  

On behalf of the CRPTF, Connecticut State Treasurer Denise L. Nappier has spearheaded Connecticut's initiative to increase the participation of women and minorities as members of Boards of Directors of corporations in which the pension fund invests.  Since 2001, Treasurer Nappier has filed over a dozen shareholder resolutions on corporate board diversity at a number of companies, including Danaher Corporation and Apple.  In accordance with the State of Connecticut's investment policy and the recognition that companies and firms that demonstrate a commitment to diversity are more likely to succeed in an increasingly global marketplace, Treasurer Nappier also continues to support firms that demonstrate a commitment to diversity in the workplace and encourages providers of investment advisory services to utilize Connecticut-based, minority, women and emerging broker-dealers in trading of CRPTF's securities.

About Connecticut Retirement Plans and Trust Funds

As principal fiduciary for $23 billion Connecticut Retirement Plans and Trust Funds (CRPTF), which consists of six State pension plans and eight trust funds, Connecticut State Treasurer Denise L. Nappier is responsible for prudently managing the retirement funds for approximately 160,000 teachers, state, and municipal employees who are pension plan participants and beneficiaries. More information about the CRPTF can be found at www.state.ct.us/ott.

About Calvert

Calvert Investments is an investment management company that offers mutual funds and separate account strategies to institutional and retail investors, retirement plans, financial intermediaries and their clients. By combining rigorous analysis with independent thinking, our disciplined approach to money management goes beyond traditional factors in order to manage risk and to identify investment opportunities with greater long-term potential. We offer more than 50 equity, bond, cash, and asset allocation investment strategies, a number of which feature integrated corporate sustainability and responsibility research. Founded in 1976 and based in Bethesda, Maryland, Calvert Investments managed assets of more than $14 billion as of July 14, 2010.

A leader in Sustainable and Responsible Investments (SRI), Calvert Investments offers investors among the widest choice of SRI strategies of any investment management company in the United States. Each SRI strategy employs one of three proprietary approaches. Calvert Signature™ Strategies integrate two distinct research frameworks: a rigorous review of financial performance plus a thorough assessment of environmental, social and governance performance. Only when a company meets Calvert standards for both frameworks will we consider investing. Calvert Solution™ Strategies selectively invest in companies that produce products and services designed to solve some of today's most pressing sustainability challenges. Calvert SAGE™ Strategies emphasize strategic engagement to advance environmental, social and governance performance in companies that may not meet Calvert standards today, but have the potential to improve. More information on Calvert SRI strategies is available at www.Calvert.com/SRI.

For more information on any Calvert fund, please contact your financial advisor, call Calvert at 800.368.2748 or visit www.calvert.com for a free summary prospectus and/or prospectus. An institutional investor should call Calvert at 800.327.2109. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The summary prospectus and prospectus contain this and other information. Read them carefully before you invest or send money.

Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., member FINRA, a subsidiary of Calvert Group, Ltd. (#10278,7/10)

SOURCE Calvert, Bethesda, MD

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SunTrust Banks, Inc. (NYSE: STI) today announced the completion of the strategic review of its RidgeWorth Capital Management subsidiary, and that the Company has reached a definitive agreement for Federated Investors, Inc. (Federated) (NYSE: FII) to acquire approximately $17 billion in managed liquidity assets.  SunTrust will retain RidgeWorth's long-term asset management business.

Under the agreement, approximately $17 billion in money market mutual fund assets currently managed in nine RidgeWorth money market mutual funds will transition to six existing Federated money market mutual funds with similar investment objectives.  The transactions are subject to receipt of the customary approvals and the companies expect the migration to the Federated Funds will be completed by year end.  SunTrust will continue to offer a variety of liquidity options and money market solutions for its institutional and individual clients.

"These actions reflect SunTrust's ongoing efforts to ensure its business mix maximizes client satisfaction and shareholder value," said William H. Rogers, Jr., president of SunTrust Banks, Inc.  "Federated shares SunTrust's focus on providing outstanding client service, and we are dedicated to ensuring a smooth transition for our managed liquidity clients.  Furthermore, we believe RidgeWorth's long-term asset management business offers attractive growth opportunities for us, and we look forward to driving its continued success."  

RidgeWorth's strong investment performance has been recognized by the industry and it continues to grow its assets under management.  In March, Lipper awarded RidgeWorth its Small Company "Overall" and "Mixed-Asset" Awards for the highest consistent return among qualifying small companies over the three-year period ending December 31, 2009.  In addition, at the end of the first quarter, Morningstar had awarded four or five star Overall ratings to 23 of RidgeWorth's 41 I-share class mutual funds.  This strong investment performance has enabled RidgeWorth and its boutiques to gather over $10.6 billion in new, non-trust client assets over the last 18 months.  

RidgeWorth and its boutiques collectively managed $65.1 billion in assets as of March 31, 2010.  SunTrust had more than $211 billion in assets under advisement, including $122.7 billion in assets under management as of March 31, 2010.    

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients.  As of March 31, 2010, SunTrust had total assets of $171.8 billion and total deposits of $118.8 billion.  The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels.  The Company also serves clients in selected markets nationally.  Its primary businesses include deposit, credit, trust and investment services.  Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services.  SunTrust's Internet address is suntrust.com

SOURCE SunTrust Banks, Inc.

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Aberdeen Global Income Fund, Inc. (NYSE Amex: FCO) (the "Fund"), a closed-end bond fund, announced today that it will pay a monthly distribution of US 7.0 cents per share on August 13, 2010 to all shareholders of record as of July 30, 2010 (ex-dividend date July 28, 2010).

The Board's policy is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital. This policy is subject to regular review at the Board's quarterly meetings unless market conditions require an earlier evaluation. The next review is scheduled to take place in September 2010.

For the 12 months to June 30, 2010, the Fund has paid total distributions amounting to US $0.84 per share. The composition of distributions paid by the Fund since the beginning of the Fund's fiscal year, November 1, 2009, will be estimated through the payment date, and announced at the time of payment of the distribution.  

The Fund is managed by Aberdeen Asset Management Asia Limited, advised by Aberdeen Asset Management Limited and sub-advised by Aberdeen Asset Management Investment Services Limited. The Fund's shares trade on the NYSE AMEX under the symbol "FCO".

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

www.aberdeenfco.com

Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered investment advisers under the Investment Advisers Act of 1940.

SOURCE Aberdeen Global Income Fund, Inc.

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ING Investments, LLC announced the monthly distributions on the common shares of two of its closed-end funds: ING Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) and ING International High Dividend Equity Income Fund (NYSE: IID) (each a "Fund" and collectively, the "Funds"). With respect to each Fund, the distribution will be paid on August 16, 2010, to shareholders of record on August 4, 2010. The ex-dividend date is August 2, 2010. The distribution per share for each Fund is as follows:

Each Fund intends to make regular monthly distributions based on the past and projected performance of the Fund. The amount of monthly distributions may vary, depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the common shares may change.  There can be no assurance that a Fund will be able to declare a distribution in each period.

The tax treatment and characterization of a Fund's distributions may vary significantly from time to time depending on the net investment income of the Fund and whether the Fund has realized gains or losses from its options strategy versus gain or loss realizations in the equity securities in the portfolio. Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.

The portion of each Fund's monthly distributions estimated to come from the Fund's option strategy, for tax purposes, may be treated as a combination of long-term and short-term capital gains, and/or a return of capital. The tax character of each Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio. Under certain conditions, federal tax regulations may also cause some or all of the return of capital to be taxed as ordinary income. The final tax characteristics of the distributions cannot be determined with certainty until after the end of the calendar year, and will be reported to shareholders at that time.

IGD estimates that for the current fiscal year as of June 30, 2010, approximately 28% of each distribution is characterized as net investment income, 68% characterized as short-term capital gain and 4% characterized as return of capital.

IID estimates that for the current fiscal year as of June 30, 2010, approximately 23% of each distribution is characterized as net investment income and 77% characterized as short-term capital gain.

Certain statements made on behalf of the Funds in this release are forward- looking statements. The Funds actual future results may differ significantly from those anticipated in any forward-looking statements due to numerous factors, including but not limited to a decline in value in equity markets in general or the Funds investments specifically. Neither the Funds nor ING undertake any responsibility to update publicly or revise any forward-looking statement.

ING Investments, LLC, the manager of the Funds, is part of ING, a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of about 125,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

SOURCE ING

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Founders Fund, the venture backer of companies including Facebook, Spotify, and SpaceX, has closed its third venture fund.  The Founders Fund III LP and its parallel funds were oversubscribed, reaching the firm's cap of $250 million in commitments, making the Fund III suite the firm's largest yet.  The substantial majority of commitments came from limited partners of the firm's prior funds, joined by a small number of new investors.

Founders Fund is managed by Peter Thiel, Ken Howery, Luke Nosek, and Sean Parker, all of whom were company founders before becoming venture capitalists.   Founders Fund seeks to eliminate the traditional tensions between venture capitalists and start-ups through a unique, founder-friendly approach.  "Our goal is to provide as much support for a company as it requires, without interfering with an entrepreneur's vision for that company," said Peter Thiel.  "In our experience that leads to the best returns for our investors."  "Founders Fund has been an incredible partner for Quantcast; they've offered outstanding advice and guidance while giving us the freedom to grow the business in the ways we think best.  Quantcast's tremendous growth testifies to the effectiveness of that model," said Konrad Feldman, CEO of Quantcast, the audience insights and targeting company backed by Founders Fund.  

Fund III intends to leverage the firm's experience in consumer-internet, as well as to expand its investments in companies pursuing revolutionary solutions to major science and engineering problems.  "As companies like Spotify make clear, consumer internet continues to present tremendous opportunities," said managing partner Sean Parker, who previously served as the founding president of Facebook and co-founder of Causes (both Founders Fund investments), and who also co-founded Napster and Plaxo. "And as the launch of SpaceX's Falcon 9 demonstrates, ambitious engineering projects can also generate terrific value," said Luke Nosek, a Founders Fund managing partner and a director of SpaceX.  

According to Ken Howery, "Despite years of cynicism and low returns in the industry, our companies show that there are compelling opportunities in several categories for bold investors."  "I worked with the partners of Founders Fund when I was at PayPal, and their expertise in consumer internet is second to none.  Having worked with them at Palantir and now at RoboteX, I can say that they are the rare VC that understands both consumer-side and hard engineering and that they invest with conviction," said Nathan Gettings, CEO of RoboteX, which makes multi-purpose robots used by police agencies, SWAT teams, and civilian users.  Gettings is also CTO of Founders Fund portfolio company Palantir, the analytical software firm that helped track down the perpetrators of the attacks on the Dalai Lama's computers.  

"We're delighted that our limited partners have backed us for a third fund," said Howery, "and we'll use that fund to continue supporting transformational companies."    

ABOUT FOUNDERS FUND

Founders Fund is managed by seasoned entrepreneurs Peter Thiel, Ken Howery, Luke Nosek (co-founders, PayPal) and Sean Parker (founding president, Facebook; co-founder Plaxo, Causes, Napster) to support early-stage companies.  Founders Fund has made early investments in some of the most prominent ventures of the past decade, including Facebook, Causes, Palantir Technologies, Quantcast, and SpaceX.  The firm, headquartered in San Francisco, pursues a founder-friendly investment strategy that provides maximum support and minimum interference to world-class entrepreneurs.  

SOURCE Founders Fund

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Eaton Vance Management, the Boston-based investment adviser, today announced the quarterly distributions declared on the common shares of two of its closed-end equity funds (the "Funds"). The record date for the distributions is July 23, 2010, and the payable date is July 30, 2010. The ex- date is July 21, 2010.  The distribution per share for each Fund is as follows:

At this time the Funds believe that a portion of the July distribution may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at http://individuals.eatonvance.com.  The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders. As portfolio and market conditions change, the rate of distributions on the Funds' shares could be further changed.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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ING Investments, LLC announced the monthly distributions on the common shares of two of its closed-end funds: ING Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) and ING International High Dividend Equity Income Fund (NYSE: IID) (each a "Fund" and collectively, the "Funds"). With respect to each Fund, the distribution will be paid on August 16, 2010, to shareholders of record on August 4, 2010. The ex-dividend date is August 2, 2010. The distribution per share for each Fund is as follows:

Each Fund intends to make regular monthly distributions based on the past and projected performance of the Fund. The amount of monthly distributions may vary, depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the common shares may change.  There can be no assurance that a Fund will be able to declare a distribution in each period.

The tax treatment and characterization of a Fund's distributions may vary significantly from time to time depending on the net investment income of the Fund and whether the Fund has realized gains or losses from its options strategy versus gain or loss realizations in the equity securities in the portfolio. Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.

The portion of each Fund's monthly distributions estimated to come from the Fund's option strategy, for tax purposes, may be treated as a combination of long-term and short-term capital gains, and/or a return of capital. The tax character of each Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio. Under certain conditions, federal tax regulations may also cause some or all of the return of capital to be taxed as ordinary income. The final tax characteristics of the distributions cannot be determined with certainty until after the end of the calendar year, and will be reported to shareholders at that time.

IGD estimates that for the current fiscal year as of June 30, 2010, approximately 28% of each distribution is characterized as net investment income, 68% characterized as short-term capital gain and 4% characterized as return of capital.

IID estimates that for the current fiscal year as of June 30, 2010, approximately 23% of each distribution is characterized as net investment income and 77% characterized as short-term capital gain.

Certain statements made on behalf of the Funds in this release are forward- looking statements. The Funds actual future results may differ significantly from those anticipated in any forward-looking statements due to numerous factors, including but not limited to a decline in value in equity markets in general or the Funds investments specifically. Neither the Funds nor ING undertake any responsibility to update publicly or revise any forward-looking statement.

ING Investments, LLC, the manager of the Funds, is part of ING, a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of about 125,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

SOURCE ING

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Aberdeen Australia Equity Fund, Inc. (NYSE Amex: IAF) (the "Fund"), a closed-end equity fund, today announced that it paid on July 16, 2010, a quarterly distribution of US 27 cents per share to all shareholders of record as of June 30, 2010.    

Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each fiscal year can be finally determined only as of the end of the Fund's fiscal year. However, under Section 19 of the Investment Company Act of 1940, as amended (the "1940 Act") and related Rules, the Fund may be required to indicate to shareholders the source of certain distributions to shareholders.

The following table sets forth the estimated amounts of the sources of the distribution for purposes of Section 19 of the 1940 Act and the Rules adopted thereunder. The table includes estimated amounts and percentages for this distribution and for the cumulative distributions paid year to date, from the following sources: net investment income; net realized short-term capital gains; net realized long-term capital gains; and return of capital.  The estimated composition of the distributions may vary from quarter to quarter because the estimated composition may be impacted by future income, expenses and realized gains and losses on securities.

The Fund may estimate that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield," "income" or "profit."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The final determination of the source of all distributions in 2010 will be made after year-end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to change based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides information regarding the Fund's total return performance based on net asset value (NAV) over various time periods as well as the Fund's annualized and cumulative distribution rates.

While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of the Fund's current distributions or from the terms of the distribution policy (the "Distribution Policy"), which is to provide investors with a stable quarterly distribution.

Pursuant to an exemptive order granted to the Fund by the Securities and Exchange Commission on March 30, 2010, the Fund may distribute any long-term capital gains more frequently than the limits provided in Section 19(b) under the 1940 Act and Rule 19b-1 thereunder.  Therefore, distributions paid by the Fund during the year may include net income, short-term capital gains, long-term capital gains and/or a return of capital.  Net income dividends and short-term capital gain dividends, while generally taxable at ordinary income rates, may be eligible, to the extent of qualified dividend income earned by the Fund, to be taxed at a lower long-term capital gains rate.  If the total distributions made in any calendar year exceed investment company taxable income and net capital gain, such excess distributed amount would be treated as ordinary income to the extent of the Fund's current and accumulated earnings and profits.  Distributions in excess of the earnings and profits would first be a tax-free return of capital to the extent of the adjusted tax basis in the shares.  After such adjusted tax basis is reduced to zero, the distribution would constitute capital gain (assuming the shares are held as capital assets).  

The payment of distributions in accordance with the Distribution Policy may result in a decrease in the Fund's net assets. A decrease in the Fund's net assets may cause an increase in the Fund's annual operating expenses and a decrease in the Fund's market price per share to the extent the market price correlates closely to the Fund's net asset value per share.  The Distribution Policy may also negatively affect the Fund's investment activities to the extent that the Fund is required to hold larger cash positions than it typically would hold or to the extent that the Fund must liquidate securities that it would not have sold or hold securities that it would liquidate, for the purpose of paying the distribution.  The Distribution Policy may, under certain circumstances, cause the amounts of taxable distributions to exceed the levels required to be distributed under the Code (i.e., to the extent the Fund has capital losses in any taxable year, such losses may be carried forward to reduce the amount of capital gains required to be distributed in future years; if distributions in a year exceed the amount minimally required to be distributed under the tax rules, such excess will be taxable as ordinary income to the extent loss carryforwards reduce the required amount of capital gains distributions in that year).  The Fund's Board of Directors has the right to amend, suspend or terminate the Distribution Policy at any time. The amendment, suspension or termination of the Distribution Policy may affect the Fund's market price per share.  Investors should consult their tax advisor regarding federal, state and local tax considerations that may be applicable in their particular circumstances.

Circular 230 disclosure:  To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

www.aberdeeniaf.com

Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered investment advisers under the Investment Advisers Act of 1940.

SOURCE Aberdeen Australia Equity Fund, Inc.

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Today RidgeWorth Investments published its latest white paper in a series of educational resources and tools that help advisors add value for their clients.  This latest white paper entitled, The Case for Bank Loans in a Rising Rate Environment details why now may be an opportune time to make an allocation to Bank Loans. Specifically, the paper describes that Bank Loans, also known as floating rate loans, have offered a hedge against rising interest rates, low correlation relative to other fixed income sectors, downside protection because of their seniority in the capital structure and lower relative high yield risk.

"We are optimistic about the outlook for Bank Loans as we anticipate that interest rates will rise as the economy continues to grow – albeit slowly," asserts George Goudelias, Managing Director at Seix Investment Advisors and Portfolio Manager of the RidgeWorth Seix Floating Rate High Income Fund. "History shows that they have performed well relative to other fixed income asset classes in previous rising rate environments and we believe the relationship should hold in the future."

Advisors can access the white paper by visiting www.ridgeworth.com/bank-loans.

About RidgeWorth Investments

RidgeWorth Investments serves as a holding company that owns interests in eight investment boutiques with approximately $65.5 billion of assets under management as of March 31, 2010. RidgeWorth's investment boutiques manage a wide variety of investment disciplines across the fixed income, equity, and liquidity management asset classes. Our boutiques provide investment management services to a growing client base that includes endowments, foundations, corporations, healthcare organizations, municipalities, public funds, associations, insurance companies, labor unions and high net worth individuals. In addition, RidgeWorth serves as the investment adviser to the RidgeWorth Funds mutual fund family. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc., an investment adviser registered with the SEC headquartered in Atlanta. For more information about RidgeWorth, visit www.ridgeworth.com.

About Seix Investment Advisors

Seix Investment Advisors LLC, a wholly-owned investment boutique of RidgeWorth Capital Management, Inc., is one of the leading institutional fixed income managers in the country with over $25.0 billion in assets under management as of March 31, 2010. The firm provides core, core plus, high yield, and customized fixed income solutions to institutional clients. Seix Investment Advisors is an investment adviser registered with the SEC headquartered in Upper Saddle River, New Jersey. For more information about Seix, visit www.seixadvisors.com.

An investor should consider the fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the RidgeWorth Funds can be found in the fund's prospectus. To obtain a prospectus, please call 888-784-3863 or visit www.ridgeworth.com. Please read the prospectus carefully before investing.

Past performance does not guarantee future results. Mutual fund investing involves risk, including possible loss of principal. Bond investors should anticipate fluctuations in price, especially for longer-term issues and in environments of rising interest rates. Indexes are unmanaged and investors cannot invest directly in an index. Intermediate-term, higher-quality bonds generally offer less risk than longer-term bonds and a lower rate of return. Floating rate loans are typically senior and secured, in contrast to other below-investment grade securities. However, there is no guarantee that the value of the collateral will not decline, causing a loan to be substantially unsecured. Loans generally are subject to restrictions on resale. Certain types of loans may limit the ability of a fund to enforce its rights and may involve assuming additional credit risks. Although a fund's yield may be higher than that of fixed income funds that purchase higher-rated securities, the potentially higher yield is a function of the greater risk that the fund's share price will decline. Investments in lower rated bonds are subject to greater credit risk and may experience greater volatility than higher rated securities. A bank loan fund may buy and sell securities frequently, which may result in higher transaction costs and lower performance, and will be more likely to generate short-term capital gains (which are generally taxed at ordinary income tax rates). Rating agencies such as Standard & Poor's, rates securities from AAA (highest quality) to C (lowest quality) with BBB and above being called investment grade securities. BB and below are considered below investment grade (speculative) securities.

®2010 RidgeWorth Funds. RidgeWorth Funds are distributed by RidgeWorth Distributors LLC. RidgeWorth Investments is the trade name for RidgeWorth Capital Management, Inc., the adviser to the RidgeWorth Funds, and is not affiliated with the distributor.

SOURCE RidgeWorth Investments

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Aberdeen Global Income Fund, Inc. (NYSE Amex: FCO) (the "Fund"), a closed-end bond fund, announced today that it will pay a monthly distribution of US 7.0 cents per share on August 13, 2010 to all shareholders of record as of July 30, 2010 (ex-dividend date July 28, 2010).

The Board's policy is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital. This policy is subject to regular review at the Board's quarterly meetings unless market conditions require an earlier evaluation. The next review is scheduled to take place in September 2010.

For the 12 months to June 30, 2010, the Fund has paid total distributions amounting to US $0.84 per share. The composition of distributions paid by the Fund since the beginning of the Fund's fiscal year, November 1, 2009, will be estimated through the payment date, and announced at the time of payment of the distribution.  

The Fund is managed by Aberdeen Asset Management Asia Limited, advised by Aberdeen Asset Management Limited and sub-advised by Aberdeen Asset Management Investment Services Limited. The Fund's shares trade on the NYSE AMEX under the symbol "FCO".

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

www.aberdeenfco.com

Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered investment advisers under the Investment Advisers Act of 1940.

SOURCE Aberdeen Global Income Fund, Inc.

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SEI Investments Company (Nasdaq: SEIC) announced today that it intends to release second-quarter earnings on Wednesday, July 21, 2010, before the markets open.  The company will also hold a conference call to discuss these financial results beginning at 2:00 p.m. EDT.

The public is invited to listen to the call at www.seic.com/investors or at www.earnings.com, a service of Thomson StreetEvents. The live webcast may also be accessed at numerous financial services sections of websites such as AOL and Yahoo Finance.

Replays will be available shortly after the end of the call at the above websites and also at (USA) 800-475-6701; (International) 320-365-3844; Access Code: 165205.

About SEI

SEI (Nasdaq: SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of March 31, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $394 billion in mutual fund and pooled assets and manages $162 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.

SOURCE SEI

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SunTrust Banks, Inc. (NYSE: STI) today announced the completion of the strategic review of its RidgeWorth Capital Management subsidiary, and that the Company has reached a definitive agreement for Federated Investors, Inc. (Federated) (NYSE: FII) to acquire approximately $17 billion in managed liquidity assets.  SunTrust will retain RidgeWorth's long-term asset management business.

Under the agreement, approximately $17 billion in money market mutual fund assets currently managed in nine RidgeWorth money market mutual funds will transition to six existing Federated money market mutual funds with similar investment objectives.  The transactions are subject to receipt of the customary approvals and the companies expect the migration to the Federated Funds will be completed by year end.  SunTrust will continue to offer a variety of liquidity options and money market solutions for its institutional and individual clients.

"These actions reflect SunTrust's ongoing efforts to ensure its business mix maximizes client satisfaction and shareholder value," said William H. Rogers, Jr., president of SunTrust Banks, Inc.  "Federated shares SunTrust's focus on providing outstanding client service, and we are dedicated to ensuring a smooth transition for our managed liquidity clients.  Furthermore, we believe RidgeWorth's long-term asset management business offers attractive growth opportunities for us, and we look forward to driving its continued success."  

RidgeWorth's strong investment performance has been recognized by the industry and it continues to grow its assets under management.  In March, Lipper awarded RidgeWorth its Small Company "Overall" and "Mixed-Asset" Awards for the highest consistent return among qualifying small companies over the three-year period ending December 31, 2009.  In addition, at the end of the first quarter, Morningstar had awarded four or five star Overall ratings to 23 of RidgeWorth's 41 I-share class mutual funds.  This strong investment performance has enabled RidgeWorth and its boutiques to gather over $10.6 billion in new, non-trust client assets over the last 18 months.  

RidgeWorth and its boutiques collectively managed $65.1 billion in assets as of March 31, 2010.  SunTrust had more than $211 billion in assets under advisement, including $122.7 billion in assets under management as of March 31, 2010.    

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients.  As of March 31, 2010, SunTrust had total assets of $171.8 billion and total deposits of $118.8 billion.  The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels.  The Company also serves clients in selected markets nationally.  Its primary businesses include deposit, credit, trust and investment services.  Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services.  SunTrust's Internet address is suntrust.com

SOURCE SunTrust Banks, Inc.

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Proceeds from a recent New York City Housing Development Corporation (HDC) bond deal are financing much-needed capital improvements to New York City affordable rental housing units. The innovative transaction is one of the nation's largest tax credit bond deals and incorporates a mixture of public and private financing sources.  This includes federal funds allocated to the New York City Housing Authority (NYCHA), the current owner of the units, under the American Recovery and Reinvestment Act (ARRA). The effort also enables the Department of Housing and Urban Development (HUD) to include the buildings in a federal subsidy program.

(Logo:  http://photos.prnewswire.com/prnh/20090915/FL72153LOGO )

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090915/FL72153LOGO )

The CRA Qualified Investment Fund (Ticker: CRAIX), a market-rate, community development bond fund, purchased the sole taxable series of the deal. Signature Bank in New York City was allocated the investment as part of its commitment to help low-income communities and families under the Community Reinvestment Act.

"This agreement is meaningful because it positively impacts New York City by significantly advancing public housing efforts and by creating jobs," said Michael Schwartz, Vice President, and Director of Community Development for Signature Bank. "Through the CRA Qualified Investment Fund, we are making a direct improvement right in our own community."

The transaction is expected to generate more than $400 million for 21 public housing developments and will enable NYCHA to access subsidies from HUD. The outcome provides significant benefits to the public housing authorities' fiscal health and to protect New York City's affordable rental housing stock. It represents a great illustration of the public and private sector working together towards a common goal.

"We are so proud of this transaction and HDC's ability to access capital to strengthen our communities and to finance the creation and preservation of affordable housing within the five boroughs of New York City," said Richard Froehlich, Executive Vice President for Capital Markets & General Counsel, New York City Housing Development Corporation. "We greatly appreciate the efforts of all the participants, partners and investors who played a role in the execution of this epic endeavor."

"We are thrilled to have participated in this extraordinary deal," said Barbara VanScoy, Senior Portfolio Manager of the CRA Qualified Investment Fund. "These improvements will make a dramatic impact for the residing family's long term quality of life."

About Community Capital Management and the CRA Qualified Investment Fund

Community Capital Management is a Fort Lauderdale-based SEC-registered investment adviser.  The firm was founded in 1998 by Barbara VanScoy and Todd Cohen to provide fixed income investment services to institutional investors.  Its clients include public funds, foundations, financial institutions, faith-based investors, and mission-related investors.  The CRA Qualified Investment Fund was launched in 1999 and has grown to include investments from more than 300 banks/thrifts and other types of investors interested in its community development strategy. Community Capital Management manages over $1 billion in assets and offers institutional investors its investment strategy via a separate account or a mutual fund.  For additional information, please contact Jamie Horwitz at 877.272.1977 or visit www.ccmfixedincome.com.

Investing involves risk including the loss of principal.  Carefully consider the risks, investment objectives, charges and expenses of the Fund before investing. The prospectus contains this and other important information. Call 866-202-3573 for a prospectus. Please read the prospectus carefully before investing. As of 6/30/10, the New York City Housing Development Corporation Multi-Family Housing Revenue Bonds represented 0.21% of the fund's assets.

The CRA Qualified Investment Fund is distributed by SEI Investments Distribution Co. (SIDCO) which is not affiliated with Community Capital Management or any other affiliate.

About Signature Bank

Signature Bank, member FDIC, is a New York-based full-service commercial bank with 23 private client offices located in the New York metropolitan area, serving the needs of privately owned businesses, their owners and senior managers through dozens of private client groups. The Bank offers a wide variety of business and personal banking products and services as well as investment, brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC. Signature Bank's 23 offices are located throughout the metropolitan New York area. For more information, please visit www.signatureny.com.

About New York City Housing Development Corporation

The New York City Housing Development Corporation (HDC) provides a variety of financing programs for the creation and preservation of multi-family affordable housing throughout the five boroughs of New York City.  Our programs are designed to meet the wide-range of affordable housing needs of the City's economically diverse population.

About New York City Housing Authority

The New York City Housing Authority (NYCHA) provides decent and affordable housing in a safe and secure living environment for low and moderate-income residents throughout the five boroughs.  To fulfill this mission, NYCHA must preserve its aging housing stock through timely maintenance and modernization of its developments. 

SOURCE Community Capital Management

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Eaton Vance Management, the Boston-based investment adviser, today announced the quarterly distributions declared on the common shares of two of its closed-end equity funds (the "Funds"). The record date for the distributions is July 23, 2010, and the payable date is July 30, 2010. The ex- date is July 21, 2010.  The distribution per share for each Fund is as follows:

At this time the Funds believe that a portion of the July distribution may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at http://individuals.eatonvance.com.  The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders. As portfolio and market conditions change, the rate of distributions on the Funds' shares could be further changed.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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H.D. Vest Advisors Anthony DeFranco and Nelson Couto of West Orange recently attended the 24th annual National Conference of H.D. Vest Financial Services®. The National Conference was held at the Sheraton New Orleans and Marriott New Orleans hotels in New Orleans, LA, June 7-10, 2010. At the conference, DeFranco and Couto chose from customized courses and sessions by top experts, including breakout sessions, and general sessions as well as exhibits and special events. Anthony and Nelson gathered new ideas for helping their clients work toward their financial goals.

"H.D. Vest Advisors who attend National Conference always learn new ways to support their clients," said Roger Ochs, H.D. Vest president. "This year's National Conference provided Advisors with the tools and knowledge to help their clients and network with other Advisors and solution providers."

DeFranco and Couto heard from informative keynote speakers this year, including H.D. Vest President Roger Ochs, Director of Investment Strategy and Asset Allocation with Wells Fargo's Wealth Management Group Ron Florance, and International Performing Artist and Communications Catalyst Victoria Labalme.

Anthony DeFranco and Nelson Couto have been Advisors with H.D. Vest since 1996. They have been founding partners of Couto DeFranco, P.A., in West Orange, NJ since 1992.

Anthony DeFranco and Nelson Couto serve the needs of individuals, corporations, partnerships, trusts, estates and foundations providing traditional brokerage accounts, fee-based managed accounts, private money management, individual and business retirement plans, education planning, stocks, bonds, mutual funds, life, disability and long-term-care insurance, variable and fixed annuities, multi-generational estate planning, comprehensive tax reporting, account consolidation and systematic investment plans.

For more information, please visit www.accountants-nj.com.  

About H.D. Vest, Inc.

Based in Irving, Texas, H.D. Vest Financial Services supports an independent network of tax and non-tax professionals who provide comprehensive financial planning solutions, including securities, insurance, money management services and Wells Fargo banking products. Approximately 5,200 independent contractors manage over $26 billion in assets for some 1.8 million individuals, families and small businesses in all 50 states. H.D. Vest became a non-bank subsidiary of Wells Fargo & Company in July 2001.

Securities offered through H.D. Vest Investment Services(SM), Member SIPC, Advisory services offered through H.D. Vest Advisory Services(SM), non-bank subsidiaries of Wells Fargo & Company, 6333 N. State Highway 161, Suite 400, Irving, TX 75038 (972) 870-6000.

SOURCE Couto DeFranco, P. A.

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ING Financial Solutions CEO Lynne Ford will deliver the keynote speech at the Insured Retirement Institute's (IRI) Operations & Technology Conference in Boston today. IRI's annual Operations & Technology Conference is designed for the retirement industry's technology and operations professionals and focuses on the strategies the industry should collectively pursue in order to help distribution partners and customers effectively prepare for their retirement years.

Ford's speech is titled: The Future of Retirement – Why the Insurance Industry Has Never Been More Important to Americans Planning Their Retirement. Ford will focus on how insurance companies need to evolve with rapidly changing customer needs and behaviors, including the importance of utilizing technology, to become the most customer-focused segment of the financial services industry.

Ford states: "A lot has changed in the past 20 years. One thing is certain – there will be more change in the next 20 years than there was in the previous 20 years. All of this change has brought us to a watershed moment in the financial services industry – provided we maximize the potential of technology. If we can truly harness that potential, the insurance industry can reach yet-to-be-tapped potential for helping Americans prepare for retirement."

Ford sits on the board of directors for the IRI. IRI is a not-for-profit organization and is the authoritative source of all things pertaining to annuities, insured retirement strategies and retirement planning. IRI exists to vigorously promote consumer confidence in the value and viability of insured retirement strategies, bringing together the interests of the industry, financial advisors and consumers under one umbrella.

About ING

ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries. With a diverse workforce of over 107,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING (NYSE: ING) family of companies offers a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits and financial planning. ING holds top-tier rankings in key U.S. markets and serves nearly 30 million customers across the nation.

SOURCE ING

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Grubb & Ellis Alesco Global Advisors today announced that Grubb & Ellis AGA Realty Income Fund (NSDQ: GBEIX) paid a dividend of $0.135 per share on June 30, 2010 to shareholders of record as of June 29, 2010.

Grubb & Ellis AGA Realty Income Fund is managed by an experienced portfolio team with public and private market real estate experience, as well as long-standing industry relationships. The fund is distributed by Quasar Distributors, LLC.

Grubb & Ellis Alesco Global Advisors is a subsidiary of Grubb & Ellis Company (NYSE: GBE), one of the largest commercial real estate services and investment management firms. This relationship affords them access to a nationwide network of real estate brokers and researchers, providing market insights and understanding on virtually every real estate market and product type in the country.

For more information regarding Grubb & Ellis AGA Realty Income Fund, please visit the fund's Web site at www.gbemutualfunds.com.

About Grubb & Ellis Company

Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

Important notes

Past performance does not guarantee future results.

Mutual fund investing involves risk, including the potential loss of principal.

Investors should be aware of the risks involved with investing in a fund concentrating in REITs and real estate securities, such as declines in the value of real estate and increased susceptibility to adverse economic or regulatory developments. Investments in asset backed and mortgage backed securities include additional risks that investors should be aware of, such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Investing in small and medium-sized companies involves greater risks than those associated with investing in large company stocks, such as business risk, significant stock price fluctuations and illiquidity. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Diversification does not assure a profit or protect against a loss in a declining market.

To determine if this fund is an appropriate investment for you, carefully consider the fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the fund's prospectus, which may be obtained by visiting www.gbemutualfunds.com or calling 877.404.7822. Read the prospectus carefully before investing.

SOURCE Grubb & Ellis

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Federated Enhanced Treasury Income Fund (NYSE: FTT) declared its monthly dividend.  The fund employs an integrated U.S. Treasury-based strategy with option writing and a duration management overlay in order to provide investors with the potential for current income and total return.  

The fund's distribution may include sources other than net investment income, including a return of capital (which is not a distribution from income or gains of the fund).  If a distribution does not consist solely of net investment income, a notice with the estimated components of the distribution will be (i) provided to shareholders at the time of payment; and (ii) posted to the fund's website at FederatedInvestors.com. Investors should use the Form 1099-DIV sent after calendar year end, and not the notice, to prepare tax returns.

Investors can view additional portfolio information in the Products section of FederatedInvestors.com.  

Senior Portfolio Manager Donald Ellenberger and Dix Hills Managing Partner Joseph Baggett will discuss the fund, including performance and key management points, at 2 p.m. Eastern on Monday, July 19, 2010.  Investors are invited to listen by calling 1-800-894-5910.  A replay will be available after 4 p.m. and until Aug. 9, 2010 by calling 1-800-839-1246.

Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing nearly $350 billion in assets as of March 31, 2010.  With 137 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to nearly 5,300 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.  For more information, visit FederatedInvestors.com.  

SOURCE Federated Investors, Inc.

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Stewart Capital Advisors, LLC announces the following Webcast:

What:  Second Quarter 2010 Market Update & Outlook

When:  July 20, 2010 @ 10:00 AM Eastern

Where:  http://www.investorcalendar.com/ClientPage.asp?ID=159612

How:  Live over the Internet -- Simply log on to the web at the address above.

Contact:  Tim McKee, 724-465-4457, tim.mckee@stbank.net

If you are unable to participate during the live webcast, the call will be available for replay at http://www.investorcalendar.com/ClientPage.asp?ID=159612 or http://www.investorcalendar.com/

Stewart Capital Advisors' portfolio management team will host the webcast and will review the economic and market environment and discuss what impact Europe's problems may have on investment portfolios.

"This quarter's webcast will provide a brief background on Europe, the problems they face, potential solutions, and resulting investment opportunities and risks," said Malcolm Polley, chief investment officer. "Tune in to the webcast and find out those issues."

About Stewart Capital Advisors, LLC

Stewart Capital Advisors, LLC, a subsidiary of S&T Bank, manages the Stewart Capital Mid Cap Fund and private accounts for individuals and institutions and has approximately $900 million in assets under management. For more information, please call 800.446.0246 or visit stewartcap.com.

About S&T Bank

S&T Bank is the primary subsidiary of S&T Bancorp, Inc., which operates 55 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. S&T Bancorp has assets of $4.3 billion, and its stock trades on the NASDAQ Global Select Market under the symbol STBA. For more information, visit stbank.com.

NOT FDIC INSURED  NO BANK GUARANTEE  MAY LOSE VALUE

You should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. For a prospectus, that contains this and other information about the Fund, please call 877.420.4440 or visit stewartcap.com. Please read the prospectus carefully before investing.

Stewart Capital Mutual Funds are distributed by Grand Distribution Services, LLC.

SOURCE Stewart Capital Advisors, LLC

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Virtus Investment Partners (Nasdaq: VRTS), which operates a multi-manager asset management business, has launched the Virtus Premium AlphaSector Fund (Class A: VAPAX), an extension of Virtus' AlphaSector™ product suite that is subadvised by quantitatively-based investment firm F-Squared Investments, Inc.

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Similar to the Virtus AlphaSector Allocation Fund  (Class A: PSWAX) and the AlphaSector Rotation Fund (Class A: PWBAX), introduced by Virtus in late 2009, the Virtus Premium AlphaSector Fund is constructed exclusively from the nine Select Sector SPDR exchange-traded funds plus a short-term Treasury ETF.  The principal distinction between the strategies is that the Premium AlphaSector Fund has the ability to reallocate weekly, rather than monthly.

"Financial advisors recognize that our AlphaSector strategies provide clients what they are looking for in a post-2008 investment era – the flexibility to allocate to cash in downward trending markets while remaining invested in upward trending markets," said Frank Waltman, Virtus' executive vice president, product management.

"The Premium AlphaSector Fund offers advisors a way to better manage the impact of down markets which, in turn, increases the likelihood their clients can achieve their retirement or investment goals."

The Premium AlphaSector Fund's weekly reallocation signals are generated by F-Squared's proprietary quantitative model that identifies which sector(s) may weigh down future performance. Those sectors are then omitted from the portfolio and the assets are allocated equally to the remaining sectors.  When three or fewer sectors are represented, the portfolio will begin building a position in cash equivalents, up to 100% of the portfolio.

"The introduction of the Virtus AlphaSector Funds last year proved the power and importance of a strategy that is designed to avoid significant losses, yet is still able to participate and even outperform when the market is heading up," said F-Squared's president and chief executive officer, Howard Present.  "With the launch of the Premium AlphaSector Fund, we are able to offer financial advisors a more dynamic approach to managing market volatility with the objective of outperforming the S&P 500®."

About F-Squared Investments, Inc.

F-Squared Investments is an SEC-registered investment advisor. The firm creates investment solutions with the goal of generating repeatable, consistently high investment value-add. For more information, visit www.f-squaredinvestments.com.

About Virtus Investment Partners, Inc.

Virtus Investment Partners (Nasdaq: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company, which had $25.6 billion under management as of March 31, 2010, provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Additional information can be found at www.virtus.com.

Investors should carefully consider the investment objectives, risks, charges and expenses of any Virtus Mutual Fund before investing. The prospectus contains this and other information about a fund. Please contact your financial representative, call 1-800-243-4361, or visit www.virtus.com to obtain a current prospectus. You should read the prospectus carefully before you invest or send money.

Lack of liquidity in an ETF could result in its value being more volatile than the underlying portfolio of securities. There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio, or that diversification among different asset classes reduces risk. Because the funds hold a limited number of securities, they will be impacted by each security's performance more than funds with larger numbers of holdings. The guarantee on U.S. government securities applies only to the underlying securities of the fund's portfolio, and not to the value of the fund's shares.

Active Index Solutions, LLC is the source and owner of the trademarks, service marks and copyrights related to the AlphaSector Index. AlphaSector is a trademark of Active Index Solutions, LLC.

Mutual Funds distributed by VP Distributors, Inc.

SOURCE Virtus Investment Partners, Inc.

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Eaton Vance Management, the Boston-based investment adviser, today announced the quarterly distributions declared on the common shares of two of its closed-end equity funds (the "Funds"). The record date for the distributions is July 23, 2010, and the payable date is July 30, 2010. The ex- date is July 21, 2010.  The distribution per share for each Fund is as follows:

At this time the Funds believe that a portion of the July distribution may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at http://individuals.eatonvance.com.  The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders. As portfolio and market conditions change, the rate of distributions on the Funds' shares could be further changed.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $165.4 billion in assets as of June 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index ("the Index") will experience negative performance in June, with a -0.88% decrease for the month (based on 77% of assets reporting).

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Key highlights for the month:

• Estimates indicate that hedge funds generated negative performance for the month of June. The Dow Jones Credit Suisse Hedge Fund Index is estimated to have finished down 0.88%, bringing year-to-date performance to 0.59%. In contrast, global equity markets, as represented by the MSCI World index, returned -3.56% in June and -10.88% in the first half of the year.
• Global Macro Sub-Index was one of the positive performers this month, with an estimated increase of 0.53% in June and 4.15% year-to-date. Macro managers have largely avoided market volatility due to their bearish outlooks and low equity market exposures. The majority of gains in the space were generated by currency investments.  
• Event Driven Sub-Index funds were down an estimated 1.97% in June with managers experiencing mixed performance for the month.  Although some managers generated profits by capitalizing on special situation investments and opportunities in distressed credit, equity related losses detracted from gains and only the Risk Arbitrage Sub-Index produced positive returns for the month.  
• Long/Short Equity Sub-Index funds finished down an estimated 2.30% in June as equity market sell-offs continued to hurt returns. Conversely, Dedicated Short Bias was the top performing strategy last month, finishing up an estimated 4.84%.

Strategy Estimates

Estimates are based on 77% of assets of the hedge fund index components reporting; final June performance will be published July 15th on Bloomberg and online at www.hedgeindex.com. For a complete description of the Dow Jones Credit Suisse Hedge Fund Index, please see the index rules available at www.hedgeindex.com.

About Dow Jones Indexes

Dow Jones Indexes (www.djindexes.com) is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is the marketing name of CME Group Index Services LLC, a joint venture company which is owned 90 percent by CME Group Inc. (www.cmegroup.com) and 10 percent by Dow Jones & Company (www.dowjones.com), a News Corporation company (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV; www.newscorp.com).

About Credit Suisse AG

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 48,300 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Asset Management

In its Asset Management business, Credit Suisse offers products across a broad spectrum of investment classes, including hedge funds, credit, index, real estate, commodities and private equity products, as well as multi-asset class solutions, which include equities and fixed income products. Credit Suisse's Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 19 countries, Credit Suisse's Asset Management business is operated as a globally integrated network to deliver the bank's best investment ideas and capabilities to clients around the world.

All businesses of Credit Suisse are subject to distinct regulatory requirements; certain products and services may not be available in all jurisdictions or to all client types.

Certain information contained in this document constitutes "Forward-Looking Statements" (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target", "project", "estimate", "intend", "continue" or "believe", or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.

This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not a guide or indicator to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

"Dow Jones®", "The Dow Jones Credit Suisse Hedge Fund Indexes" and "Dow Jones Indexes" are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and Credit Suisse Group AG, as the case may be, and have been licensed for use by Credit Suisse Index Co., Inc. and CME Group Index Services LLC ("CME Indexes"). Investment products based on the Dow Jones Credit Suisse Hedge Fund Indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products.  Inclusion of a hedge fund in any of the Dow Jones Credit Suisse Hedge Fund Indexes does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such fund. None of Dow Jones, CME Indexes or any of their respective affiliates is providing investment advice in connection with these indexes.

SOURCE Credit Suisse AG

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The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.16 per share on its common stock.  The dividend is payable August 13, 2010 to shareholders of record on July 30, 2010.  

Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating back to 1924.  Eaton Vance and its affiliates managed $176.2 billion in assets as of April 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Corp.

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John Hancock Advisers, LLC announced today that portfolio information, such as performance, top-ten holdings and sector and industry weightings, as of June 30, 2010 is available for John Hancock closed-end funds. This information is available on John Hancock Funds' web site at www.jhfunds.com by clicking on "Closed-End Funds" under "Funds & Performance" tab.

John Hancock Patriot Premium Dividend Fund II (NYSE: PDT)

John Hancock Preferred Income Fund (NYSE: HPI)

John Hancock Preferred Income Fund II (NYSE: HPF)

John Hancock Preferred Income Fund III (NYSE: HPS)

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD)

John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY)

John Hancock Investors Trust (NYSE: JHI)

John Hancock Income Securities Trust (NYSE: JHS)

John Hancock Bank and Thrift Opportunity Fund (NYSE: BTO)

About John Hancock Funds

The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds, manages more than $57.9 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at March 31, 2010.

About John Hancock Financial and Manulife Financial Corporation

John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$446 billion (US$440 billion) at March 31, 2010.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.

SOURCE John Hancock Funds

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John Hancock Advisers, LLC announced that John Hancock Patriot Premium Dividend Fund II (the "Fund"), a leveraged John Hancock closed-end fund, received a demand letter from a law firm on behalf of a putative common shareholder of the Fund.

The demand letter alleges that John Hancock Advisers, LLC, the Fund's adviser, certain of the Trustees and executive officers of the Fund, and certain other individuals breached their fiduciary duties to the Fund related to the redemption at par of the Fund's Dutch Auction Rate Transferable Securities Preferred Stock (DARTS), and demands that the Fund's Board of Trustees take action to remedy those alleged breaches.  The Board of Trustees of the Fund is considering the demand letter at this time.

About John Hancock Funds

The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds, manages more than $57.9 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at March 31, 2010.

About John Hancock Financial and Manulife Financial Corporation

John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide.  Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners.  Funds under management by Manulife Financial and its subsidiaries were Cdn$446 billion (US$440 billion) at March 31, 2010.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK.  Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States.  John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance.  Additional information about John Hancock may be found at www.johnhancock.com.

SOURCE John Hancock Funds

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The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.16 per share on its common stock.  The dividend is payable August 13, 2010 to shareholders of record on July 30, 2010.  

Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating back to 1924.  Eaton Vance and its affiliates managed $176.2 billion in assets as of April 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Corp.

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http://www.eatonvance.com

John Hancock Advisers, LLC announced today that portfolio information, such as performance, top-ten holdings and sector and industry weightings, as of June 30, 2010 is available for John Hancock closed-end funds. This information is available on John Hancock Funds' web site at www.jhfunds.com by clicking on "Closed-End Funds" under "Funds & Performance" tab.

John Hancock Patriot Premium Dividend Fund II (NYSE: PDT)

John Hancock Preferred Income Fund (NYSE: HPI)

John Hancock Preferred Income Fund II (NYSE: HPF)

John Hancock Preferred Income Fund III (NYSE: HPS)

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD)

John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY)

John Hancock Investors Trust (NYSE: JHI)

John Hancock Income Securities Trust (NYSE: JHS)

John Hancock Bank and Thrift Opportunity Fund (NYSE: BTO)

About John Hancock Funds

The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds, manages more than $57.9 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at March 31, 2010.

About John Hancock Financial and Manulife Financial Corporation

John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$446 billion (US$440 billion) at March 31, 2010.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.

SOURCE John Hancock Funds

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The following table sets forth the estimated amounts of the current distribution, payable July 12, 2010, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source.  All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.

You should not necessarily draw any conclusions about the Fund's investment performance from the amount of this distribution.

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital.  A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.  A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.  The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations.  The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company.  The Fund's primary investment objectives are current income and long-term growth of income.  The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.  For more information, visit the Fund's website at www.dnpselectincome.com or call the Fund at (800) 864-0629.

*Simple arithmetic average of each of the past five annual returns.

SOURCE DNP Select Income Fund Inc.

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Investment Technology Group, Inc. (NYSE: ITG), a leading agency broker and financial technology firm, plans to announce second quarter 2010 financial results on Thursday, July 29, 2010, in a press release that will be issued before the opening of the market.  The press release will also be available on the firm's web site at http://www.itg.com.

A conference call to discuss the firm's results will be held at 11:00 am ET on July 29, 2010.  Those wishing to listen to the call should dial 866-783-2139 (1-857-350-1598 outside the US) and enter the passcode 45567619 at least 10 minutes prior to the start of the call to ensure connection.  The webcast and accompanying slideshow presentation can be downloaded from ITG's web site at http://www.itg.com.  For those unable to listen to the live broadcast of the call, a replay will be available for one week by dialing 888-286-8010 (1-617-801-6888 outside the US) and entering the pass code 12665032. The replay will be available starting approximately two hours after the completion of the conference call.

About ITG

Investment Technology Group, Inc., is a specialized agency brokerage and financial technology firm that partners with asset managers globally to provide innovative solutions spanning the investment continuum. A leader in electronic trading since launching POSIT in 1987, ITG's integrated approach now includes a range of products from portfolio management and pre-trade analysis to trade execution and post-trade evaluation. Asset managers rely on ITG's independence, experience, and agility to help mitigate risk, improve performance and navigate increasingly complex markets.  The firm is headquartered in New York with offices in North America, Europe and the Asia Pacific regions. For more information on ITG, please visit www.itg.co