certain qualified deferred compensation plans; and (viii) purchases of Class
A shares and Class V shares in Direct-at-Fund Accounts (as defined below) that don’t have a financial intermediary assigned to them. For a more complete description of these eligible transactions, see Appendix S to the SAI.
The rest of the section remains the same.
(7) For Large Cap Growth Fund
(Class E) The paragraph under the heading “Front-End Sales Charge Waivers” under the “About Class E Shares – Reductions/Waivers of Sales Charges” section is hereby superseded and replaced with the following:
There are no front-end sales charges on reinvested Fund
distributions. The Distributor may waive front-end sales charges on purchases of Class E shares of the Funds by certain categories of investors, including Direct-at-Fund Accounts (as defined below) that don’t have a financial intermediary
assigned to them, Board members, certain employees of financial intermediaries, Fund portfolio managers, certain partners and employees of outside legal counsel to the Funds or the Board, separate accounts of an insurance company exempt from
registration as an investment company under Section 3(c)(11) of the 1940 Act, registered broker-dealer firms that have an agreement with the Distributor that are purchasing Fund shares for their investment account only (see Appendix S to the SAI for
details). For a more complete description of categories of investors who may purchase Class E shares of the Fund at NAV, and certain additional types of purchases of Class E shares which may also be made at NAV, without payment of any
front-end sales charge that would otherwise apply, see Appendix S to the SAI.
The rest of the section remains the same.
(8) For each Fund except
Large Cap Growth Fund (Class E) The first paragraph under the heading “CDSC Waivers – Class A, Class C and Class V” under the “Choosing a Share Class – Reductions/Waivers of Sales Charges” section is hereby superseded and replaced
with the following:
You may be able to avoid an
otherwise applicable CDSC when you sell Class A, Class C or Class V shares of the Fund. This could happen because of the way in which you originally invested in the Fund, because of your relationship with the Funds or for other reasons. For example,
the CDSC will be waived on redemptions of shares: in the event of the shareholder’s death; for which no sales commission or transaction fee was paid to an authorized financial intermediary at the time of purchase; purchased through reinvestment of
dividends and capital gain distributions; that result from required minimum distributions taken from retirement accounts due to the shareholder reaching the qualified age based on applicable IRS regulations; that result from returns of excess
contributions made to retirement plans or individual retirement accounts (subject to certain conditions); initially purchased by an employee benefit plan (for Class A shares) and that are not connected with a plan level termination (for Class
C or Class V shares); in connection with the Fund’s Small Account Policy (which is described in Buying, Selling and Exchanging Shares — Transaction Rules and Policies); held within Direct-at-Fund
Accounts that do not have a financial intermediary assigned to them; and by certain other investors and in certain other types of transactions or situations. Restrictions may apply to certain accounts and certain transactions. The Distributor may,
in its sole discretion, authorize the waiver of the CDSC for additional classes of investors. The Fund may change or cancel these terms at any time. Any change or cancellation applies only to future purchases. For a more complete description of the
available waivers of the CDSC on redemptions of Class A, Class C or Class V shares, see Appendix S to the SAI.
The rest of the section remains the same.
(9) For Large Cap Growth Fund
(Class E) The paragraph under the heading “CDSC Waivers” under the “About Class E Shares – Reductions/Waivers of Sales Charges” section is hereby superseded and replaced with the following:
You may be able to avoid an otherwise applicable CDSC when you
sell Class E shares of the Fund. This could happen because of the way in which you originally invested in the Fund, because of your relationship with the Funds or for other reasons. For example, the CDSC will be waived on redemptions of shares:
in the event of the shareholder’s death; for which no sales commission or transaction fee was paid to an authorized financial intermediary at the time of purchase; purchased through reinvestment of dividends and capital gain distributions; held
within Direct-at-Fund Accounts that do not have a financial intermediary assigned to them; and by certain other investors and in certain other types of transactions. Restrictions may apply to certain accounts and certain transactions. The
Distributor may, in its sole discretion, authorize the waiver of the CDSC for additional classes of investors. The Fund may change or cancel these terms at any time. Any change or cancellation applies only to future purchases. For a more complete
description of the available waivers of the CDSC on redemptions of Class E shares, see Appendix S to the SAI.
The rest of the section remains the same.
(10) For each Fund except
Large Cap Growth Fund (Class E) The paragraph under “Order Processing” in the “Buying, Selling and Exchanging Shares – Transaction Rules and Policies” section is hereby superseded and replaced with the following:
Orders to buy, sell or exchange Fund shares are processed on
business days. Depending upon the class of shares, orders can be made by mail, by telephone or online. Orders received in “good form” by the Transfer Agent or your financial intermediary before the end of a business day are priced at the
NAV per share (plus any applicable sales charge) of the Fund’s applicable share class on that day. Orders received after the end of a business day will receive the next business day’s NAV per share (plus any applicable sales charge). For
Direct-at-Fund Accounts (as defined below), when a written order to buy, sell or exchange shares is sent to the Transfer Agent, the share price used to fill