The investment seeks long-term growth of capital.
The fund invests primarily in equity securities of mid-capitalization issuers. The fund's managers consider an issuer to be a mid-capitalization issuer if it has a market capitalization, at the time of purchase, within the range of the largest and smallest capitalized issuers included in the Russell Midcap® Growth Index. It invests primarily in securities that are considered by the fund's portfolio managers to have potential for earnings or revenue growth. The fund may invest up to 25% of its total assets in foreign securities.