DCS Announces New Lead Portfolio Manager

Dreman/Claymore Dividend & Income Fund, a non-diversified closed-end management investment company, announces the appointment of a new lead portfolio manager. In addition, the Fund announces a partial at-par redemption of its outstanding auction market preferred shares (“AMPS”), liquidation preference $25,000 per share.

Mr. Hoover also has experience from Credit Lyonnais where he was responsible for the financial analysis and client servicing of a $5 billion diversified corporate portfolio, involving various debt instruments and equity investments.

Mr. Hoover graduated from Texas Tech University in 1984 with his BBA in Finance. He then went on to complete his MS in Finance at Texas Tech the following year.

Read the rest of the story at Baltimore Business Journal