0001462180-11-000045.txt : 20110729
0001462180-11-000045.hdr.sgml : 20110729
20110729141614
ACCESSION NUMBER: 0001462180-11-000045
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20110729
DATE AS OF CHANGE: 20110729
GROUP MEMBERS: ANDREW DAKOS
GROUP MEMBERS: BROOKLYN CAPITAL MANAGEMENT
GROUP MEMBERS: BULLDOG INVESTORS
GROUP MEMBERS: PHILLIP GOLDSTEIN
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: TS&W / CLAYMORE TAX-ADVANTAGED BALANCED FUND
CENTRAL INDEX KEY: 0001280226
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-84468
FILM NUMBER: 11996863
BUSINESS ADDRESS:
STREET 1: 2455 CORPORATE WEST DRIVE
CITY: LISLE
STATE: IL
ZIP: 60532
BUSINESS PHONE: 630-505-3700
MAIL ADDRESS:
STREET 1: 2455 CORPORATE WEST DRIVE
CITY: LISLE
STATE: IL
ZIP: 60532
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Bulldog Investors
CENTRAL INDEX KEY: 0001462180
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: PARK 80 WEST PLAZA TWO
STREET 2: SUITE 750
CITY: SADDLE BROOK
STATE: NJ
ZIP: 07663
BUSINESS PHONE: 201 556-0092
MAIL ADDRESS:
STREET 1: PARK 80 WEST PLAZA TWO
STREET 2: SUITE 750
CITY: SADDLE BROOK
STATE: NJ
ZIP: 07663
SC 13D
1
third.txt
SCHEDULE 13D
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
7/20/11
1. NAME OF REPORTING PERSON
Bulldog Investors, Brooklyn Capital Management,
Phillip Goldstein and Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
664,909
8. SHARED VOTING POWER
212,030
9. SOLE DISPOSITIVE POWER
876,939
_______________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
876,939
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.69%
14. TYPE OF REPORTING PERSON
IA
_______________________________________________________
Item 1. SECURITY AND ISSUER
This Schedule 13D relates to the shares of Common Stock
of TS&W/Claymore Tax Advantage Balanced Fund
("TYW" or the "Issuer").
The principal executive offices of TYW are located at
2455 Corporate West Drive
Lisle, IL 60532
Item 2. IDENTITY AND BACKGROUND
This statement is filed on behalf of Bulldog Investors,
Brooklyn Capital Mangement, Phillip Goldstein,
60 Heritage Drive Pleasantville, NY 10570 a principal of Bulldog Investors
and Andrew Dakos, Park 80 West,Saddle Brook, NJ 07663, also a principal
of Bulldog Investors. Mr.Goldstein and Mr. Dakos are self-employed
investment advisors.
On January 31, 2007 the Acting Director of the Securities Division of the
Massachusetts Secretary of State filed a complaint against Bulldog Investors,
Messrs. Goldstein, Dakos and Samuels and certain related parties
(the Bulldog Parties) alleging that they violated Massachusetts law by
operating a website containing information about certain unregistered
investments and by sending an e-mail about such investments to an individual
who requested it. On March 23, 2007 the Bulldog Parties filed a lawsuit in
the Massachusetts Superior Court against the Secretary alleging that his
enforcement action violated 42 U.S.C. ss 1983 because, among other things,
it violated their First Amendment rights. On October 17, 2007 the Secretary
issued an "obey the law" cease and desist order (the Order) and fined the
Bulldog Parties $25,000. On November 15, 2007 the Bulldog Parties filed
an appeal of the Order in the Massachusetts Superior Court which subsequently
upheld the Order. The Bulldog Parties further appealed the Order to the
Massachusetts Appeals Court. On October 21, 2009 the Massachusetts Supreme
Judicial Court (the SJC) unilaterally transferred the case to itself and on
July 2, 2010 upheld the Order except for the Bulldog Parties' First
Amendment claim which it ruled must be decided in the appeal of the
aforementioned ss 1983 lawsuit. In the ss 1983 lawsuit, the Secretary
stipulated that the website and email in question did not concern an illegal
transaction and were not misleading. Nevertheless, on September 26, 2009,
the Superior Court ruled that the Secretary's enforcement action did not
violate the Bulldog Parties' First Amendment rights. The Bulldog Parties
filed an appeal of the Superior Court's ruling in the Massachusetts Appeals
Court. On July 23, 2010, the SJC unilaterally transferred the appeal of
the ss 1983 lawsuit to itself. Oral argument was held in the SJC on January 6,
2011 and a decision is pending.
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS
Shares of the Issuer have been accumulated on behalf of managed
accounts.
ITEM 4. PURPOSE OF TRANSACTION
The filing persons have discussed the issuer's options with at least one
shareholder of the issuer. However, the filing persons have no plan at this
time to take any action with respect to the issuer.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As per the N-CSR filed on March 9th, 2011 there were 15,407,000 shares of
common stock outstanding as of 12/31/2010 The percentage set forth in item 5
was derived using such number. Bulldog Investors, Brooklyn Capital Management,
Phillip Goldstein and Andrew Dakos beneficially own an aggregate of 876,939
shares of TYW or 5.69% of the outstanding shares.Power to dispose of and vote
securities resides either with Mr. Goldstein, Mr. Dakos or with clients.
c) During the past 60 days the following shares of TYW were purchased:
Date: Shares: Price:
05/31/11 8,200 11.6000
06/01/11 26,200 11.6048
06/02/11 25,856 11.5558
06/03/11 12,500 11.5000
06/06/11 2,390 11.4500
06/20/11 4,198 11.2430
06/22/11 300 11.3000
06/24/11 800 11.2400
07/05/11 4,498 11.5000
07/07/11 5,695 11.5796
07/11/11 15,973 11.5200
07/12/11 1,700 11.4400
07/13/11 6,300 11.4800
07/14/11 3,022 11.4500
07/15/11 5,000 11.2400
07/15/11 5,094 11.4600
07/18/11 13,500 11.3993
07/19/11 20,326 11.4320
07/20/11 21,945 11.4603
07/21/11 8,891 11.4964
07/22/11 25,859 11.4862
07/25/11 20,963 11.4826
07/26/11 24,894 11.4887
07/27/11 8,989 11.4500
07/28/11 11,006 11.4498
d) Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.
e) NA
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 7/29/2011
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos