The investment seeks long-term growth of capital.
The fund invests primarily in a diversified portfolio of equity securities with relatively smaller capitalizations as compared to the overall U.S. market. It normally invests at least 80% of its net assets in the equity securities of small- and mid-capitalization companies. The fund may invest in foreign securities. It invests up to 20% of total assets in rights and warrants. The fund invests in approximately 60-120 stocks broadly diversified by sector.