The Russell 3000 Growth Index measures the performance of those Russell 3000 companies with higher price-to-book ratios and higher forecasted growth values. Please note an investor cannot invest directly in an index.

Source: Lipper, Inc. Lipper rankings are based on cumulative total returns and do not take into account sales charges. If they had, the return would be lower.

Gross operating expenses, Class A: 1.66%; Class C: 2.32%; Class W: 1.48%. Net operating expenses, Class A: 1.66%; Class C: 2.32%; Class W: 1.48% after contractual waiver of fees and/or reimbursement of expenses which will continue indefinitely subject to termination by the Board. The net expense ratio includes the contractual expense cap (which is 1.72%, 2.37% and 1.52%, for Class A, C and W, respectively) and other management fee waivers, as more fully described in the Fund’s prospectus, and it also reflects any acquired fund fees and expenses (“AFFEs”). AFFEs are not subject to the contractual expense cap, which is why the net expense ratio may exceed the contractual expense cap of 1.72%, 2.37% and 1.52%, for Class A, C and W, respectively.  Waivers and/or reimbursements are subject to recoupment within 2 years.

Performance data quoted represents past performance and is not a guarantee of future results. The data assumes reinvestment of all distributions at net asset value. Maximum sales charge (Class A): 5.75%. The Fund’s daily net asset value is not guaranteed and shares are not insured by the FDIC, the Federal Reserve Board or any other agency. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be higher or lower than the original cost. Current performance may be higher or lower than that shown.

*Inception date of closed-end fund 7/28/05

The Fund is newly organized. The Fund acquired the assets and assumed the liabilities of the SunAmerica Focused Alpha Growth Fund, Inc. (the “Predecessor Fund”), a closed-end investment company, in a reorganization that occurred on January 23, 2012 (the “Reorganization”). The performance of Class A shares of the Fund reflects the performance of the Predecessor Fund. As a closed-end investment company, the Predecessor Fund was not subject to the cash flow fluctuations of an open-end fund. The Fund’s past performance may have been different if it had been an open-end fund during the period covered in the chart and table.

The performance figures above for the period prior to the Reorganization were calculated using the actual operating expenses of the Predecessor Fund, which were lower than those of the Fund. If the Fund’s higher operating expenses were applied to the performance for the period prior to the Reorganization, the performance figures (as of 10/31/18 with Maximum Sales Charge) would have been as follows: 1-Year: -0.38%; 3-Year: 10.67%; 5-Year: 9.64%; 10-Year: 13.99%; Since Inception: 9.41%.