Strategy. Channing Capital Management, LLC (the Sub-Adviser) serves as the Funds sub-adviser. The Sub-Adviser is responsible for the day-to-day management of the Funds assets. The Fund pursues its objective by investing primarily in the stocks of small-cap companies. The Fund, under normal circumstances, invests at least 80% of its assets in securities of small-cap companies with market capitalizations that fall within the range of companies in the Russell 2000 Value Index. The Russell 2000 Value Index is an unmanaged index that measures the performance of the Russell 2000 Index companies with lower price-to-book ratios and lower forecasted growth values. (The Russell 2000 Index is a small-cap market index comprised of the smallest 2,000 stocks in the Russell 3000 Index, which is … Show more… Channing Capital Management, LLC (the Sub-Adviser) serves as the Funds sub-adviser. The Sub-Adviser is responsible for the day-to-day management of the Funds assets. The Fund pursues its objective by investing primarily in the stocks of small-cap companies. The Fund, under normal circumstances, invests at least 80% of its assets in securities of small-cap companies with market capitalizations that fall within the range of companies in the Russell 2000 Value Index. The Russell 2000 Value Index is an unmanaged index that measures the performance of the Russell 2000 Index companies with lower price-to-book ratios and lower forecasted growth values. (The Russell 2000 Index is a small-cap market index comprised of the smallest 2,000 stocks in the Russell 3000 Index, which is the 3,000 largest U.S. companies based on total market capitalization). As of March 31, 2025, the market capitalization range of the Russell 2000 Index was $8.27 million to $15.15 billion. The Fund primarily invests in common stocks, but it also may invest in securities of small-cap companies issued by real estate investment trusts (REITs), including stocks purchased in initial public offerings (IPOs) or shortly thereafter. REITs are pooled investment vehicles that invest primarily in income-producing real estate or loans related to real estate. The Fund also may invest in exchange-traded funds (ETFs) to provide exposure to certain equity markets. The Funds portfolio is selected utilizing the Sub-Advisers fundamental, bottom-up value investment philosophy that focuses on making concentrated investments in undervalued and neglected small cap-companies that are broadly diversified across many market sectors. The Fund anticipates that it will hold approximately 35-50 securities. The Funds holdings may be above or below these amounts, however, the Fund will not purchase or sell holdings solely to stay within that range. The Sub-Adviser may sell a security in accordance with its defined sell discipline, which includes selling a security based on changes in stock price, valuation, company fundamentals, and/or performance expectations. Show less