The investment seeks capital appreciation.
The fund normally invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities of small-cap and mid-cap domestic and foreign issuers. It focuses on stocks of U.S. issuers having a market capitalization up to $13 billion. The fund considers small cap stocks to be stocks of issuers having a market capitalization under $3 billion and mid cap stocks to be stocks of issuers having a market capitalization between $3 billion and $13 billion. It has no fixed ratio for small cap and mid cap stocks in its portfolio.