From October 2019 to April 2020, Zacks Investment Research inadvertently labeled, in articles entitled "Mutual Fund Misfires", last published April 3, 2020, the BTS Tactical Fixed Income Fund as a "misfire" based on a review of inaccurate 5-year annualized return data.

The 5-year annualized return of the BTS Tactical Fixed Income Fund was understated in each "misfires" article. Its actual 5-year returns were higher than the expense ratio and this fund was therefore not a "misfire". The Fund follows a tactical asset allocation strategy under which it seeks to invest, both long and short, in a broad range of fixed income securities. Under normal circumstances, the Fund will invest at least 80% in fixed income securities.

We apologize for the errors relating to the BTS Tactical Fixed Income Fund.

Please contact us at support@zacks.com if you have any questions.

The Zacks Data Team

June 3, 2020