1.
|
To
elect fourteen trustees of the Fund to serve until the annual meeting
of
shareholders or until their successors are elected and qualified
as
outlined below; the terms for Class 1, Class 2 and Class 3 trustees
expiring in 2009, 2007 and 2008,
respectively:
|
a.
|
Five
Class 1 trustees, Faith Colish, C. Anne Harvey, Cornelius T. Ryan,
Peter
E. Sundman and Peter P. Trapp, three Class 2 trustees, John Cannon,
Jack
L. Rivkin and Tom D. Seip, and four Class 3 trustees, Robert A. Kavesh,
Edward I. O’Brien, William E. Rulon and Candace L. Straight, to be elected
by the holders of common shares (the “Common Shares”) and Money Market
Cumulative Preferred Shares (“MMP Shares”), voting together as a single
class; and
|
b.
|
One
Class 2 trustee, Barry Hirsch, and one Class 3 trustee, Howard A.
Mileaf,
to be elected by the holders of MMP Shares only, voting separately
as a
single class.
|
Registration
|
Valid
Signature
|
Corporate
Accounts
|
|
(1)
ABC Corp. ................................................
(2)
ABC Corp. ................................................
(3)
ABC Corp.
c/o
John Doe, Treasurer.............................
(4)
ABC Corp. Profit Sharing Plan......……...
|
ABC
Corp.
John
Doe, Treasurer
John
Doe
John
Doe, Trustee
|
Trust
Accounts
(1)
ABC Trust ................................................
(2)
Jane B. Doe, Trustee u/t/d 12/28/78.........
|
Jane
B. Doe, Trustee
Jane
B. Doe
|
Custodian
or Estate Accounts
(1)
John B. Smith, Cust. f/b/o
John B. Smith, Jr. UGMA
.................................................
(2)
John B. Smith ...........................................
|
John
B. Smith
John
B. Smith, Jr., Executor
|
1.
|
To
elect fourteen trustees of the Fund to serve until the annual meeting
of
shareholders or until their successors are elected and qualified
as
outlined below; the terms for Class 1, Class 2 and Class 3 trustees
expiring in 2009, 2007 and 2008,
respectively:
|
a.
|
Five
Class 1 trustees, Faith Colish, C. Anne Harvey, Cornelius T. Ryan,
Peter
E. Sundman and Peter P. Trapp, three Class 2 trustees, John Cannon,
Jack
L. Rivkin and Tom D. Seip, and four Class 3 trustees, Robert A. Kavesh,
Edward I. O’Brien, William E. Rulon and Candace L. Straight, to be elected
by the holders of common shares (the “Common Shares”) and Money Market
Cumulative Preferred Shares (“MMP Shares”), voting together as a single
class; and
|
b.
|
One
Class 2 trustee, Barry Hirsch, and one Class 3 trustee, Howard A.
Mileaf,
to be elected by the holders of MMP Shares only, voting separately
as a
single class.
|
2. |
|
To
transact such other business as may properly come before the meeting
or
any adjournment thereof.
|
Nominee
|
Common
Shares
|
MMP
Shares
|
Mr.
Cannon
|
X
|
X
|
Ms.
Colish
|
X
|
X
|
Ms.
Harvey
|
X
|
X
|
Mr.
Hirsch
|
X
|
|
Dr.
Kavesh
|
X
|
X
|
Mr.
Mileaf
|
X
|
|
Mr.
O’Brien
|
X
|
X
|
Mr.
Rivkin
|
X
|
X
|
Mr.
Rulon
|
X
|
X
|
Mr.
Ryan
|
X
|
X
|
Mr.
Seip
|
X
|
X
|
Ms.
Straight
|
X
|
X
|
Mr.
Sundman
|
X
|
X
|
Mr.
Trapp
|
X
|
X
|
Name,
Address* and Age
|
Position
to be Held with Fund if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
Independent
Nominees
|
|||||
Class
1 Nominees
|
|||||
Faith
Colish
(70)
|
Trustee
|
Candidate
for Election
|
Counsel,
Carter Ledyard & Milburn LLP (law firm) since October 2002;
formerly, Attorney-at-Law and President, Faith Colish, A Professional
Corporation, 1980 to 2002.
|
48
|
Advisory
Director, ABA Retirement Funds (formerly, American Bar Retirement
Association (ABRA)) since 1997 (not-for-profit membership
association).
|
C.
Anne Harvey
(68)
|
Trustee
|
Candidate
for Election
|
President,
C.A. Harvey Associates since October 2001; formerly, Director, AARP,
1978 to December 2001.
|
48
|
Formerly,
President, Board of Associates to National Rehabilitation Hospital’s Board
of Directors, 2001 to 2002; formerly, Member, Individual Investors
Advisory Committee to the New York Stock Exchange Board of Directors,
1998
to June 2002.
|
Name,
Address* and Age
|
Position
to be Held with Fund if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
Cornelius
T. Ryan
(74)
|
Trustee
|
Candidate
for Election
|
Founding
General Partner, Oxford Bioscience Partners (venture capital investing)
and President, Oxford Venture Corporation since 1981.
|
48
|
None.
|
Peter
P. Trapp
(61)
|
Trustee
|
Candidate
for Election
|
Regional
Manager for Mid-Southern Region, Ford Motor Credit Company, since
September 1997; formerly, President, Ford Life Insurance Company,
April
1995 to August 1997.
|
48
|
None.
|
Class
2 Nominees
|
|||||
John
Cannon (76)
|
Trustee
|
Candidate
for Election
|
Consultant.
Formerly, Chairman, CDC Investment Advisers (registered investment
adviser), 1993 to January 1999; formerly, President and Chief Executive
Officer, AMA Investment Advisors, an affiliate of the American Medical
Association.
|
48
|
Trustee
of three series of Oppenheimer Funds: Limited Term New York Municipal
Fund, Rochester Fund Municipals, and Oppenheimer Convertible Securities
Fund since 1992.
|
Barry
Hirsch
(72)
|
Trustee
|
Candidate
for Election
|
Attorney-at-Law.
Formerly, Senior Counsel, Loews Corporation (diversified financial
corporation), May 2002 to April 2003; formerly, Senior Vice President,
Secretary and General Counsel, Loews Corporation.
|
48
|
None.
|
Name,
Address* and Age
|
Position
to be Held with Fund if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
Tom
D. Seip
(56)
|
Lead
Trustee
|
Candidate
for Election
|
General
Partner, Seip Investments LP (a private investment partnership);
formerly,
President and CEO, Westaff, Inc. (temporary staffing), May 2001 to
January
2002; formerly, Senior Executive at the Charles Schwab Corporation
from
1983 to 1999, including Chief Executive Officer, Charles Schwab Investment
Management, Inc. and Trustee, Schwab Family of Funds and Schwab
Investments from 1997 to 1998; and Executive Vice President-Retail
Brokerage, Charles Schwab Investment Management from 1994 to
1997.
|
48
|
Director,
H&R Block, Inc. (financial services company) since May 2001; Director,
America One Foundation since 1998; formerly, Director, Forward Management,
Inc. (asset management), 1999 - 2006; formerly, Independent Director,
E-Bay Zoological Society, 1999 - 2003; formerly, Director, General
Magic
(voice recognition software), 2001 to 2002; formerly, Director, E-Finance
Corporation (credit decisioning services), 1999 to 2003; formerly,
Director, Save-Daily.com (micro investing services), 1999 to
2003.
|
Class
3 Nominees
|
|||||
Robert
A. Kavesh
(78)
|
Trustee
|
Candidate
for Election
|
Marcus
Nadler Professor Emeritus of Finance and Economics, New York University
Stern School of Business; formerly, Executive Secretary - Treasurer,
American Finance Association, 1961 to 1979.
|
48
|
Director,
The Caring Community (not-for-profit); formerly, Director, DEL
Laboratories, Inc. (cosmetics and pharmaceuticals), 1978 to 2004;
formerly, Director, Apple Bank for Savings, 1979 to 1990; formerly,
Director, Western Pacific Industries, Inc., 1972 to 1986 (public
company).
|
Name,
Address* and Age
|
Position
to be Held with Fund
if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
Howard
A. Mileaf (69)
|
Trustee
|
Candidate
for Election
|
Retired.
Formerly, Vice President and General Counsel, WHX Corporation
(holding company), 1993 to 2001.
|
48
|
Consultant
and Director, WHX Corporation (holding company) since January 2002;
Director, Webfinancial Corporation (holding company) since December
2002;
Director, State Theatre of New Jersey (not-for-profit theater) since
2000;
formerly, Director, Kevlin Corporation (manufacturer of microwave
and
other products).
|
Edward
I. O’Brien
(77)
|
Trustee
|
Candidate
for Election
|
Formerly;
Member, Investment Policy Committee, Edward Jones, 1993 to 2001;
President, Securities Industry Association (SIA) (securities industry’s
representative in government relations and regulatory matters at
the
federal and state levels), 1974 to 1992; Adviser to SIA, November
1992 to
November 1993.
|
48
|
Director,
Legg Mason, Inc. (financial services holding company), since 1993;
formerly, Director, Boston Financial Group (real estate and tax shelters),
1993 to 1999.
|
William
E. Rulon (73)
|
Trustee
|
Candidate
for Election
|
Retired.
Formerly, Senior Vice President, Foodmaker, Inc. (operator and franchiser
of restaurants) until January 1997.
|
48
|
Formerly,
Director, Pro-Kids Golf and Learning Academy (teach golf and computer
usage to “at risk” children), 1998 to January 2006; formerly, Director,
Prandium, Inc. (restaurants), from March 2001 until July
2002.
|
Name,
Address* and Age
|
Position
to be Held with Fund if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
Candace
L. Straight
(58)
|
Trustee
|
Candidate
for Election
|
Private
investor and consultant specializing in the insurance industry; formerly,
Advisory Director, Securitas Capital LLC (a global private equity
investment firm dedicated to making investments in the insurance
sector),
1998 to 2003.
|
48
|
Director,
National Atlantic Holdings Corporation, (property and casualty insurance
company) since 2004; Director, The Proformance Insurance Company
(personal
lines property and casualty insurance company), since March 2004;
Director, Providence Washington Insurance Company (property and casualty
insurance company), since December 1998; formerly, Director, Summit
Global
Partners (insurance brokerage firm), 2000 - 2005.
|
Name,
Address* and Age
|
Position
to be Held with Fund if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
Interested
Nominees**
|
|||||
Class
1
Nominee**
|
|||||
Peter
E. Sundman (46)
|
Trustee
|
Candidate
for Election
|
Executive
Vice President, Neuberger Berman Inc. (holding company) since 1999;
Head
of Neuberger Berman Inc.’s Mutual Funds Business (since 1999) and
Institutional Business (from 1999 to October 2005); responsible for
Managed Accounts Business and intermediary distribution since October
1999; President and Director, NB Management since 1999; Managing
Director,
Neuberger Berman since 2005; formerly, Executive Vice President,
Neuberger
Berman from 1999 to December 2005; formerly, Principal, Neuberger
Berman
from 1997 to 1999; formerly, Senior Vice President, NB Management
from
1996 to 1999.
|
48
|
Director
and Vice President, Neuberger & Berman Agency, Inc., since 2000;
formerly, Director, Neuberger Berman Inc. (holding company), October
1999
through March 2003; trustee, Frost Valley YMCA; Trustee, College
of
Wooster.
|
Name,
Address* and Age
|
Position
to be Held with Fund if
Elected
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Nominee
|
Other
Directorships Held by this Nominee
|
|
Class
2
Nominee**
|
||||||
Jack
L. Rivkin
(65)
|
Trustee
|
Candidate
for Election
|
Executive
Vice President and Chief Investment Officer, Neuberger Berman Inc.
(holding company), since 2002 and 2003, respectively; Managing Director
and Chief Investment Officer, Neuberger Berman, since December 2005
and
2003, respectively; formerly, Executive Vice President, Neuberger
Berman,
December 2002 to 2005; Director and Chairman, NB Management, since
December 2002; Executive Vice President, Citigroup Investments, Inc.,
from
September 1995 to February 2002; Executive Vice President, Citigroup
Inc.,
September 1995 to February 2002.
|
48
|
Director,
Dale Carnegie and Associates, Inc. (private company), since 1998;
Director, Solbright, Inc. (private company), since
1998.
|
|
*
|
The
business address for each nominee is Neuberger Berman, 605 Third
Avenue,
New York, New York 10158.
|
|||||
**
|
Indicates
a trustee who is an "interested person" as such term is defined by
the
1940 Act. Mr. Sundman and Mr. Rivkin are interested persons of the
NB
Family of Funds by virtue of the fact that they are officers and/or
directors of Neuberger Berman and Managing Directors of Neuberger
Berman,
LLC.
|
Name
of Nominee
|
Dollar
Range of Equity Securities Owned in Fund
|
Aggregate
Dollar Range of Equity
Securities
in All Registered
Investment
Companies Overseen or
to
be Overseen by Nominee for Trustee in Family
of
Investment Companies *+
|
||
Independent
Nominees
|
||||
John
Cannon
|
None
|
Over
$100,000
|
||
Faith
Colish
|
None
|
Over
$100,000
|
||
C.
Anne Harvey
|
None
|
$50,001-$100,000
|
||
Barry
Hirsch
|
None
|
Over
$100,000
|
||
Robert
A. Kavesh
|
None
|
$10,001-50,000
|
||
Howard
A. Mileaf
|
None
|
Over
$100,000
|
||
Edward
I. O’Brien
|
None
|
Over
$100,000
|
||
William
E. Rulon
|
None
|
$1-$10,000
|
||
Cornelius
T. Ryan
|
None
|
Over
$100,000
|
||
Tom
D. Seip
|
None
|
Over
$100,000
|
||
Candace
L. Straight
|
None
|
Over
$100,000
|
||
Peter
P. Trapp
|
None
|
Over
$100,000
|
||
Interested
Nominees
|
||||
Jack
L. Rivkin
|
None
|
None
|
||
Peter
E. Sundman
|
None
|
Over
$100,000
|
||
*
Valuation as of February 3, 2006
+
Includes Neuberger Berman Funds
|
Name
of Nominee for Independent Trustee
|
Total
Compensation from Registered Investment Companies in the Neuberger
Berman
Fund Complex Paid to Nominees for Calendar Year Ended December 31,
2005
|
John
Cannon
|
$92,785
|
Faith
Colish
|
$85,877
|
C.
Anne Harvey
|
$85,877
|
Barry
Hirsch
|
$85,877
|
Robert
A. Kavesh
|
$85,877
|
Howard
A. Mileaf
|
$88,809
|
Edward
I. O’Brien
|
$85,877
|
William
E. Rulon
|
$85,877
|
Cornelius
T. Ryan
|
$97,698
|
Tom
D. Seip
|
$90,808
|
Candace
L. Straight
|
$85,877
|
Peter
P. Trapp
|
$92,785
|
·
|
An
annual retainer equal to $15,000;
|
·
|
Annual
compensation equal to $2,000 for service on Audit Committee (the
Chairman
of the Audit committee receives additional compensation of
$1,000);
|
·
|
For
Nominating Committee meetings (whether attendance is in-person or
by
telephone), a per-meeting fee of $1,000; provided,
however,
that no such per-meeting fee shall be paid if the meeting is held
on the
same day as a meeting of the Fund's full
Board;
|
·
|
in-person
meetings of the Board or Audit Committee (even if attendance is
telephonic): $1,000 per meeting
|
·
|
telephonic
meetings of the Board or Audit Committee (even if attendance is in
person): $500 per meeting; and
|
·
|
Such
annual retainer and fees shall be earned and paid quarterly in arrears
to
each Independent Trustee, provided,
however,
that compensation for the last quarter shall not be paid if such
Independent Trustee fails to attend, in person or by telephone, 75%
of the
Board and committee meetings held during the
year.
|
Name
of Trustee
|
Aggregate
Compensation
from
Fund
|
Pension
or Retirement Benefits Accrued as Part of Fund
Expenses
|
Total
Compensation from
Fund
Paid
to Trustees
|
||||||
Margaret
M. Eisen
|
$
18,000
|
N/A
|
$
18,000
|
||||||
Eugene
A. Matthews
|
$
17,000
|
N/A
|
$
17,000
|
||||||
General
James E. Dalton
|
$
18,500
|
N/A
|
$
18,500
|
||||||
Michael
M. Knetter
|
$
18,500
|
N/A
|
$
18,500
|
||||||
George
W. Morriss
|
$
19,500
|
N/A
|
$
19,500
|
||||||
Total
paid to Independent Trustees
|
$
91,500
|
|
N/A
|
$
91,500
|
Name,
Address* and Date of Birth
|
Position
Held with Fund
|
Length
of Time Served
|
Principal
Occupations(s) During Past Five Years
|
|
Bradley
Tank
9/29/1957
|
President
|
Since
June 2003
|
Chief
Executive Officer of Lehman Brothers Asset Management Inc.; Managing
Director and Global Head of Fixed income Asset Management for Lehman
Brothers, since 2002; Chief Executive Officer and Managing Director
of
Lehman Brothers Asset Management LLC; formerly, Director of Fixed
Income
for Strong Capital Management in Menomonee Falls, Wisconsin,
1990-2002.
|
|
Edward
Grieb
9/22/1961
|
Treasurer
|
Since
June 2003
|
Chief
Financial Officer of Lehman Brothers Asset Management Inc.; Managing
Director, since 2003, and Assistant Controller for Lehman Brothers,
since
1997.
|
|
Stephanie
E. Dolan
4/4/1963
|
Assistant
Treasurer
|
Since
June 2003
|
Managing
Director of Lehman Brothers Inc., since January 2006; Senior Vice
President of Lehman Brothers Inc., 2000-2006; Controller of Lehman
Brothers Asset Management Inc., since 2003.
|
|
Jonathan
Morris
3/1/1956
|
Secretary
|
Since
June 2003
|
Senior
Vice President of Lehman Brothers Asset Management Inc.; Senior Vice
President and General Counsel for Lehman Brother’s Investment Management
Division, which includes Lehman Brothers private investment management
business and asset management and investment advisory business, since
1997.
|
|
Chamaine
Williams
1/29/1971
|
Chief
Compliance Officer
|
Since
2005
|
Vice
President, Lehman Brothers Inc., since 2003; Chief Compliance Officer,
fifteen registered investment companies for which Neuberger Berman
acts as
investment manager and administrator, since 2005; Chief Compliance
Officer, Lehman Brothers Asset Management Inc., since 2003; Chief
Compliance Officer, Lehman Brothers Alternative Investment Management
LLC,
since 2003; formerly, Vice President, UBS Global Asset Management
(U.S.)
Inc. (formerly, Mitchell Hutchins Asset Management, a wholly-owned
subsidiary of Paine Webber Inc.), 1997-2003.
|
|
*
|
The
business address of each officer, with the exception of Mr. Grieb
and Ms.
Williams, is Lehman Brothers Asset Management Inc., 399 Park Avenue,
New
York, New York 10022. The business address of Mr. Grieb is Lehman
Brothers
Inc., 745 Seventh Avenue, New York, New York 10019. The business
address
of Ms. Williams is 605 3rd
Avenue, 21st
Floor, New York, NY 10158.
|
Name,
Address* and Date of Birth
|
Position(s)
Held with Fund
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Trustee
|
Other
Directorships Held by this Trustee
|
Independent
Trustees
|
|||||
General
James E. Dalton, Retired
10/17/1930
|
Trustee
|
Since
June 2003
|
Formerly
Vice President of Logicon Inc., a wholly-owned subsidiary of Northrop
Grumman , 1985-1998; formerly General Manager of Logicon’s Defense
Technology Group, 1995-1998.
|
1
|
Director
of Defense Group, Inc., a defense business, 1999 - 2005; Director,
Chair
of the Audit Committee at William Lyon Homes, a home building business,
1991-2005; Director of Finance America, a mortgage business,
2002-2004.
|
Margaret
M. Eisen
6/19/1953
|
Trustee
|
Since
June 2003
|
Managing
Director of Marketing, CFA Institute, since 2005; formerly, Managing
Director and Chief Investment Officer of EAM International, LLC,
an
investment banking and asset management firm, 2003-2005; formerly,
Managing Director of DeGuardiola Advisors, an investment bank, 2001-2002;
formerly, Managing Director of North American Equities of General
Motors
Investment Management Corporation, 1995-2001.
|
1
|
Director,
and Member of the Audit Committee of Antigenics Corporation, a
bio-pharmaceutical company, since 2003; Trustee of Columbia Acorn
family
of mutual funds of Wanger Asset Management (six portfolios under
management), since 2002.
|
Name,
Address* and Date of Birth
|
Position(s)
Held with Fund
|
Length
of Time Served and Term of Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Trustee
|
Other
Directorships Held by this Trustee
|
Michael
M. Knetter
4/8/1960
|
Trustee
|
Since
June 2003
|
Dean
of the University of Wisconsin-Madison School of Business, since
2002;
formerly, Professor of International Economics and Associate Dean
at the
Amos Tuck School of Business, Dartmouth College,
1997-2002.
|
1
|
Director,
Wausau Paper, since 2005; Director, Great Wolf Resorts, since
2004.
|
Eugene
A.
Matthews
11/19/1958
|
Trustee
|
Since
June 2003
|
President
of Nintai, Incorporated, an investment advisory firm, since 1997;
formerly, Senior Fellow of Asia Studies of the Council of Foreign
Relations, 2001-2003; formerly, Asia Studies Project Director for
the
Japan Economic Task Force and Leader of Asia Roundtables, 2001-2003;
Founding and General Partner of Apax-Globis Japan, Inc., a private
equity
investment firm, since 1998; formerly, Founder/President of Ashta
International, a Vietnamese investment firm, 1989-1997.
|
1
|
None
|
George
W. Morriss
9/24/1947
|
Trustee
|
Since
June 2003
|
Formerly,
Executive Vice President and Chief Financial Officer of People’s Bank, a
financial services company, 1991-2001.
|
1
|
None
|
Interested
Trustees**
|
|||||
Stephanie
E. Dolan
4/4/1963
|
Trustee
|
Since
June 2003
|
Managing
Director of Lehman Brothers Inc., since January 2006; Senior Vice
President of Lehman Brothers Inc., 2000-2006; Controller of Lehman
Brothers Asset Management Inc., since 2003.
|
1
|
None
|
Scott
Hall
1/12/1957
|
Trustee
|
Since
June 2003
|
Managing
Director of First Trust Advisors L.P. and First Trust Portfolios
L.P.,
since 1991.
|
1
|
None
|
Name,
Address* and Date of Birth
|
Position(s)
Held with Fund
|
Length
of Time Served and Term of
Office
|
Principal
Occupations(s) During Past 5 Years
|
Number
of Portfolios in Fund Complex Overseen by Trustee
|
Other
Directorships Held by this Trustee
|
|
Kurt
A. Locher
5/9/1966
|
Trustee
|
Since
June 2003
|
Managing
Director of Lehman Brothers Inc., since 1998; Managing Director of
Lehman
Brothers Asset Management Inc., since 2003; Managing Director of
Lehman
Brothers Asset Management LLC, since 2003; formerly, Director of
BNC
Mortgage Inc., 2000-2004, Finance America LLC, 1999-2004; Director
TrueLink Inc., 1999-2004; President of Lehman Brothers Bank, F.S.B.,
1999-2000; Senior Vice President of Lehman Brothers Inc.,
1995-1998.
|
1
|
None
|
|
*
|
The
business address for each nominee and trustee is Lehman Brothers
Asset
Management Inc., 399 Park Avenue, New York, New York
10022.
|
|||||
**
|
Stephanie
E. Dolan and Kurt A. Locher are “interested persons” of the Fund, as such
term is defined by the 1940 Act, by virtue of their officerships
with
Lehman Brothers Asset Management Inc., the investment adviser to
the Fund
(“Lehman Brothers” or the “Adviser”). Scott Hall is an “interested person”
of the Fund, as such term is defined by the 1940 Act, by virtue of
his
employment with First Trust Portfolios LP, the Fund’s servicing agent and
distribution and marketing agent.
|
Name
of Current Trustees
|
Dollar
Range of Equity Securities in the Fund
|
Aggregate
Dollar Range of Equity
Securities
in All Registered
Investment
Companies Overseen or
to
be Overseen by Trustee in Family
of
Investment Companies+
|
|||
Interested
Trustees
|
|||||
Stephanie
E. Dolan
|
None
|
None
|
|||
Scott
Hall
|
$1-10,000
|
$1-10,000
|
|||
Kurt
A. Locher
|
$10,001-50,000
|
$10,001-50,000
|
|||
Independent
Trustees
|
|||||
Margaret
M. Eisen
|
None
|
None
|
|||
Eugene
A. Matthews
|
None
|
None
|
|||
General
James E. Dalton
|
None
|
None
|
|||
Michael
M. Knetter
|
None
|
None
|
|||
George
W. Morriss
|
$10,001-50,000
|
$10,001-50,000
|
|||
+
|
Does
not include the Neuberger Berman
Funds.
|