Fund Performance Summary

Fixed income investments entail interest rate risk, the risk of issuer default, issuer credit risk, and price volatility risk. Funds investing in bonds can lose their value as interest rates rise and an investor can lose principal.

The Strategic Income Fund may, from time to time, invest in a limited number of issuers, which may result in the Fund being more susceptible to a single economic, political or regulatory event than a diversified fund.

The SEC yield is the average annualized net investment income per share for the 30-day period ended on the last day of the month.

About the Index or Indices
BofA Merrill Lynch 1-Year U.S. Treasury Index - Is an unmanaged index comprised of a single issue purchased at the beginning of the month and held for a full month. The issue selected at each month-end rebalancing is the outstanding two-year Treasury Note Bill that matures closest to, but, not beyond one year from the rebalancing date.

BofA Merrill Lynch 1-3 Year U.S. Treasury Index - Is a subset of The Bank of America Merrill Lynch US Treasury Index including all securities with a remaining term to final maturity less than 3 months.

Barclays Capital Intermediate U.S. Government/Credit Index - Is a subset of the Barclays Capital Gov't/Credit Index including all securities with over 1 year but less than 10 years left until maturity. The Barclays Capital Gov't/Credit Index is an unmanaged index composed of securities from the Barclays Capital US Treasury Index, Barclays Capital US Government Related Index and the Barclays US Corporate Index.

Barclays Capital U.S. Aggregate Bond Index - Is an unmanaged index composed of securities from the Barclays Capital Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities Index, ERISA Eligible CMBS Index. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. Indices are rebalanced monthly by market capitalization.

Barclays U.S. Corporate High Yield Index - 2% Issuer Cap - Is an unmanaged index that covers the USD - denominated, non-investment grade, fixed-rate, taxable corporate bond market. The index limits exposures to a specific issuer to a maximum 2% by market value.

S&P 500 Index - A capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.

BofA Merrill Lynch 3-Month U.S. Treasury Bill Index - Is an unmanaged index comprised of a single issue purchased at the beginning of the month and held for a full month. The issue selected at each month-end rebalancing is the outstanding Treasury Bill that matures closest to, but, not beyond three months from the rebalancing date.

The indices listed are not available for direct investment; therefore its performance does not reflect a reduction for fees or expenses incurred in managing a portfolio. The securities in the index may be substantially different from those in the Fund.