out the mutual fund and should be read carefully before investing. As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: © 2012 Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, in

on or redistribution of Upper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Upper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Past performance Is no guarantee

ut the mutual fund and should be read carefully before investing. As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: O 2011 Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, i

ut the mutual fund and should be read carefully before investing. As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: O 2011 Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, i

out the mutual fund and should be read carefully before investing As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: 03013 Reuters. All rights reserved. My copying. republication or redistribution of Lipper content. in

e Prodded by tipper, a Reuters company. abject to the following: 02012 Reuters. All rights reserved. Anycopying, republicarten or redistribution of Lipper content including by cashing. framing a skean mean, le expressly prohibitedwithout the prior written consent of Upper. Upper shall not be Fable for

ut the mutual fund and should be read carefully before investing. As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: 0 2009 Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content,

ormation may be peoldedbi upper, a lieut0.1 company, onion to the falonIng 02012 kneel. All Art rezoned. Any coop% republication or recilstribaonot Lipper content, including by caching framing of simaat means. is expressly prohibtted without the prior written consent of Lipper. Lipper shag not be liabl

out the mutual fund and should be read carefully before investing As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: 0 2012 Rettters. All rights reserved. My copying. republication or redistribution of Lipper content.

ut the mutual fund and should be read carefully before investing. As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: O 2011 Reuters. All rights reserved. My copying, republication or redistribution of Lipper content, in

out the mutual fund and should be road carefully before investing As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: 02012 Reuters. All rights reserved. My copying. revitalisation or redistribution of Lipper content in

in 1991. In 1997, Mr. Tananbaum formed and was lead portfolio manager for its hedge fund area. MacKay Shields high yield mutual funds were rated by Lipper in the top 5% of all high yield mutual funds during the period June 1, 1991 through December 31, 1999. Prior to joining MacKay Shields, Mr. Tananbau

ut the mutual fund and should be read carefully before investing. As applicable. portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: 2009 Reuters. All rights reserved. Any copying. republication or redistribution of Lipper content, i

ut the mutual fund and should be read carefully before investing. As applicable, portions of mutual fund performance information may be provided by Lipper, a Reuters company, subject to the following: O 2011 Reuters. All rights reserved. Any copying, republication or redistribution of Upper content, i

about the mutual fund and should be read carefully before merlons. As applicable. pogrom of mutual fund pet lenront• info/matron may Lei worded by Lipper. a Reuters company. wheat to the FOTO/Org 0 2012 Reuters All rights resented Any new. republication redgribidon of UPPer <orient including by cach

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