WestEnd Advisors Competitors

Delaware Investments National Municipal Income Fund is a diversified closed-end management investment company. The investment objective of the Fund is to provide current income exempt from federal income tax, consistent with the preservation of capital. The Fund invests approximately 80% of its net assets in securities the income from, which is exempt from federal income tax. The Fund will be able to invest over 20% of its net assets in municipal bonds with an investment rating of Ba/BB or lower, or that are unrated but judged to be of comparable quality by the Fund's investment advisor. It invests in corporate-backed revenue bonds, education revenue bonds, electric revenue bonds, healthcare revenue bonds, lease revenue bonds, local general obligation bonds, pre-refunded/escrowed to maturity bonds, special tax revenue bonds, state general obligation bonds, transportation revenue bonds, and water and sewer revenue bonds. The Fund's investment manager is Delaware Management Company.

Richard Bernstein Advisors (RBA) specializes in longer-term, top-down, macro-driven strategies that blend macroeconomic research with quantitatively guided portfolio construction. Founded in 2009 and led by renowned strategist Richard Bernstein, RBA provides clients with tailored asset allocation solutions and thematic strategies focused on long-term structural shifts, all embedded with their intellectual capital. Richard Bernstein Advisors LLC is an investment adviser and a wholly-owned subsidiary of Janus Henderson US (Holdings) Inc. Janus Henderson® and any other trademarks used herein are trademarks of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.

AdvisorShares is an investment management firm designed to offer actively managed ETFs. ETFs are one of the fastest growing investment products due to their ease of accessibility, and their operational and tax efficient structure. AdvisorShares offers a variety of investment products designed to help investors reach their financial goals. ----------------------------------------------------------- THE FUNDS' INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES SHOULD BE CONSIDERED BEFORE INVESTING. THE PROSPECTUSES CONTAINS THIS AND OTHER IMPORTANT INFORMATION, AND MAY BE OBTAINED BY GOING TO ADVISORSHARES.COM. READ IT CAREFULLY BEFORE INVESTING. AdvisorShares ETFs are distributed by Foreside Fund Services, LLC.