1 As of 9/30/08 for KYN and KYE, and 8/31/08 for KED
2 Effective December 1, 2007, KED elected not to be treated as a Regulated Investment Company (“RIC”) for tax purposes. KED’s election to be a taxable corporation will impact the character of its dividends and distributions for periods after fiscal 2007. KED expects a larger portion of its dividends and distributions to be tax deferred as a return of capital, and under current tax law, any portion of its dividends and distributions that is not a return of capital will be qualified income taxable at the 15% tax rate.
3 Regulated Investment Company

This material shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer or sale is not permitted. An investment in any of the funds could suffer loss. Before making an investment in a fund, you should consider the investment objective, risks, charges and expenses of the fund, which together with other important information are included in the fund’s most recent prospectus and other filings with the SEC. There can be no assurance that the investment objectives of any fund will be attained. Leverage creates risks which may adversely affect return, including the likelihood of greater volatility of net asset value and market price of common shares, and fluctuations in dividend rates on any preferred shares. NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE.