Strategy. The Fund mainly invests in common stocks of U.S. companies of different capitalization ranges. The Fund currently focuses on larger capitalization issuers. The Fund considers a larger-capitalization issuer to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the issuers included in the Russell 1000 Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. An issuers market capitalization is the value of its outstanding stock. The portfolio managers use fundamental research to select securities for the Funds portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, … Show more… The Fund mainly invests in common stocks of U.S. companies of different capitalization ranges. The Fund currently focuses on larger capitalization issuers. The Fund considers a larger-capitalization issuer to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the issuers included in the Russell 1000 Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. An issuers market capitalization is the value of its outstanding stock. The portfolio managers use fundamental research to select securities for the Funds portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a companys financial performance, competitive strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered. The Fund aims to maintain a broadly diversified portfolio across major economic sectors. In constructing the portfolio, the Fund seeks to limit exposure to so-called top-down or macro risks, such as overall stock market movements, economic cycles, and interest rate or currency fluctuations. Instead, the portfolio managers seek to add value by selecting individual securities that they believe have superior company-specific fundamental attributes or relative valuations that they expect to outperform their industry and sector peers. This is commonly referred to as a bottom-up approach to portfolio construction. The portfolio managers consider stock rankings, benchmark weightings and capitalization outlooks in determining security weightings for individual issuers. The portfolio managers use the following sell criteria: the stock price is approaching its target, deterioration in the companys competitive position, poor execution by the companys management, or identification of more attractive alternative investment ideas. Show less