Effective February 1, 2011, Chartwell Investment Partners, LP no longer serves as the investment manager to Chartwell Dividend and Income Fund, Inc. (the “Fund”). The Fund is now managed by Bexil Advisers LLC and has been renamed Dividend and Income Fund. The Fund continues to be listed on the New York Stock Exchange under the ticker symbol NYSE:DNI. Please use the following link to obtain more information: www.dividendandincomefund.com .