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The ensuing material is not an offering to purchase or sell securities.  Investing involves risk, including possible loss of principal. Data quoted represents past performance and includes our views of investment opportunities, which may not be come to fruition. Some of the securities listed are holdings in our portfolios. Please contact us for more information. There is no guarantee of future results. The views and opinions in the preceding commentary are as of the date of publication and are subject to change without notice. This material represents an assessment of a security and/or the market environment at a specific point in time, should not be relied upon as research or investment advice, is not intended to predict or depict performance of any investment and does not constitute a recommendation to buy, hold, or sell any security. We consider the information in this announcement to be accurate, but we do not represent that it is complete or should be relied upon as the sole source of suitability for any investment purpose.