*As of fiscal year ended 9/30/2015, the expense ratio of the Fund’s Institutional Shares was 1.04%.
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 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
Performance for the Institutional Shares prior to 5/29/2009 is based on the performance of the Retail Shares, which have a distribution fee. The Institutional Shares do not have a distribution fee. If the annual returns for the Institutional Shares prior to 5/29/2009 did not reflect this fee, the returns would be higher.
Definitions (provided by BAMCO, Inc.): The indexes are unmanaged. The Russell Midcap® Growth Index
measures the performance of medium-sized U.S. companies that are classified as growth, and the S&P 500 Index
of 500 widely held large-cap U.S. companies. The indexes and the Fund are with dividends, which positively impact the performance results. Russell Investment Group is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell is a trademark of Russell Investment Group. The Morningstar US OE Mid-Cap Growth Average
is not weighted and represents the straight average of annualized returns of each of the funds in the Mid-Cap Growth category. The Fund’s Retail Shares have been included in the category since 4/1/99 and the Fund’s Institutional Shares since 5/29/09. © 2015 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.