Alex L. Vallecillo

Formerly National City Investment Management Co., Allegiant Asset Management Co. (AAM) is a multi-style registered investment advisor. Headquartered in Cleveland, Ohio, the firm is a wholly owned subsidiary of National City Corp. (NYSE: NCC) AAM is focused on the investment and service requirements of institutional clients, including corporate, public, Taft-Hartley, foundation, endowments and mutual funds. The firm was formed following the merger between National City and First of America Bank Corp. in 1985. AAM manages the Armada/Allegiant fund family out of Cleveland, while private client portfolios are managed out of offices in Cleveland, Pittsburgh, Grand Rapids, Michigan and Fort Wayne, Indiana. National City maintains separate trading desks for the Armada fund family and private client portfolios.

Part of BlackRock, Inc., Merrill Lynch Investment Managers LP is a private company that provides investment advisory services. The company is based in Plainsboro, NJ.

PNC Capital Advisors LLC (PCA) is a SEC-registered investment advisor headquartered in Baltimore, Maryland. The firm is a wholly-owned direct subsidiary of PNC Bank, NA, which is wholly-owned by The PNC Financial Services Group, Inc. (NYSE: PNC), a financial holding company. The firm was founded in 2009 from the business combination of PNC Capital Advisors, Inc. and Allegiant Asset Management Co. following the acquisition of National City Corp., the parent of Allegiant, by PNC. PCA provides taxable fixed income discretionary investment advisory services to institutional accounts.