The investment seeks long-term growth of capital.
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of small- and medium-sized companies. These equity securities generally include common stocks and may also include real estate investment trusts. Small- and medium-sized companies are those whose market capitalizations at the time of purchase fall within the market capitalization range of the Russell 2500 Value Index. The fund may also invest up to 20% of its net assets in equity securities of companies that have market capitalizations outside the range of the index.