Strategy. Under normal market conditions, the Fund invests at least 80% of its net assets in investments of small-capitalization (small-cap) and mid-capitalization (mid-cap) companies. For purposes of this investment policy, the Fund considers small- and mid-cap companies as companies with a market capitalization (share price times the number of shares of common stock outstanding) not exceeding the higher of: 1) the highest market capitalization in the Russell 2500 Index; or 2) the 12-month average of the highest market capitalization in the Russell 2500 Index, at the time of purchase. As of December 31, 2025, the highest market capitalization in the Russell 2500 Index was $40.47 billion and the 12-month average of the highest market capitalization in the Russell 2500 Index was … Show more… Under normal market conditions, the Fund invests at least 80% of its net assets in investments of small-capitalization (small-cap) and mid-capitalization (mid-cap) companies. For purposes of this investment policy, the Fund considers small- and mid-cap companies as companies with a market capitalization (share price times the number of shares of common stock outstanding) not exceeding the higher of: 1) the highest market capitalization in the Russell 2500 Index; or 2) the 12-month average of the highest market capitalization in the Russell 2500 Index, at the time of purchase. As of December 31, 2025, the highest market capitalization in the Russell 2500 Index was $40.47 billion and the 12-month average of the highest market capitalization in the Russell 2500 Index was $41.56 billion. The Fund generally invests in equity securities of companies that the Funds investment manager believes are undervalued at the time of purchase and have the potential for capital appreciation. The Fund invests predominantly in common stocks. A stock price is undervalued when it trades at less than the price at which the investment manager believes it would trade if the market reflected all factors relating to the companys worth. The Fund may also invest in real estate investment trusts (REITs). The types of companies the Fund may invest in include, among other things, those that may be considered out of favor due to actual or perceived cyclical or secular challenges, or are experiencing temporary setbacks, diminished expectations, mismanagement or undermanagement, or are financially stressed. The Fund may invest up to 25% of its total assets in foreign securities. The Fund, from time to time, may have significant positions in particular sectors, such as industrials, financial services companies, consumer discretionary and technology. Show less