Performance data quoted represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate; an investor's shares, when redeemed, may be worth more or less than their original cost. The Adviser has reimbursed certain Fund expenses and the Fund's transfer agency expenses may be reduced by expense offsets from an unaffiliated transfer agent, without which performance would have been lower. Current performance may be lower or higher than the performance data quoted above. For performance information current to the most recent month end, click on Total Returns By Month tab above.
*Based on the fiscal year ended 9/30/2015, restated to reflect current fees, the gross expense ratio of the Fund’s Retail Shares is 1.12%, but the net expense ratio is 1.10 (net of Adviser's fee waivers).
Definitions (provided by BAMCO, Inc.): The indexes are unmanaged. The S&P 500 Index measures the performance of 500 widely held large-cap U.S. companies. The Russell 1000® Growth Index measures the performance of large-sized U.S. companies that are classified as growth. The indexes and the Fund are with dividends, which positively impact the performance results. The Morningstar Large Growth Average is not weighted and represents the straight average of annualized returns of each of the funds in the Large Growth category. The Fund's Retail Shares have been included in the category since inception and the Fund's Institutional Shares since 5/29/2009. As of 6/30/13, the category consisted of 1774, 1756, 1698, 1488, and 1308 funds for the 3-month, year-to-date, 1-, 3-, and 5-year periods. © 2014 Morningstar, Inc. All Rights Reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.