The fund's objective is to provide long-term capital growth. Income is a secondary objective.
Larry J. Puglia has managed this fund since 06/30/1993.
Because growth stocks have higher valuations and lower dividend yields than slower-growth or cyclical companies, the share price volatility may be higher. As such, fund prices could decline further in market downturns than non-growth-oriented funds.
Individuals seeking capital appreciation who can accept the price declines inherent in common stock investing. Appropriate for both regular and tax-deferred accounts, such as IRAs.
|Inception Date||June 30, 1993|
|Expense Ratio as of 12/31/2014||0.72%|