Performance of the Fund for the period prior to its inception on 4/09/98 is that of a predecessor common trust fund. The common trust was not registered under the 1940 Act and therefore not subject to investment restrictions that may have adversely affected performance. Performance of the common trust is separate and distinct from the Fund, and does not represent past performance of the Fund. Total returns reflect reinvestment of dividends, capital gains and deduction of applicable sales charges, operating expenses and fees. Returns also reflect a voluntary fee waiver of .15%. Without such a fee waiver, performance of the Fund would have been lower. Inception dates for Class A, B and C shares are 6/22/98, 1/28/99 and 2/24/00 respectively. All performance shown for each share class prior to each respective inception date is based on the performance of Class I shares, adjusted to reflect each share class’s fees, expenses and maximum sales charges.