Fund Description

The fund uses factor-based analysis and, under normal market circumstances, invests at least 80% of net assets (including borrowings for investment purposes) in equity securities such as common stocks of large-cap companies tied economically to the U.S. and considered growth companies. U.S.-tied companies are those organized or principally operating in the U.S., traded principally in the U.S., or included at the time of purchase in a U.S. equity index managed by S&P Global Ratings or FTSE Russell (Russell). Large-cap is based on the Russell 1000 Index range at purchase; growth companies are those in the Russell 1000 Growth Index. Proprietary multi-factor models rank stocks on valuation, profitability, earnings measures, and material sustainability-related criteria; sustainability is one factor and generally not solely determinative. The fund may actively trade securities.