Fund Description

The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in investments tied to mid-capitalization companies within the capitalization range of the Russell Midcap Growth Index. It normally targets companies believed to have above-average growth prospects, using quantitative screens and fundamental security analysis to identify business momentum, relative price strength, and perceived value not reflected in current price, and to assess revenue and earnings growth and earnings estimate revisions. The fund may use derivatives, invest in foreign and real estate-related securities (including REITs), invest in other investment companies (including ETFs), consider ESG factors among many inputs, and lend securities up to 33% of total assets.