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InFocus | April 13, 2010 |
Update: Key Information About Van Kampen, Morgan Stanley Retail Asset Management Merger Proposals
In October 2009, Van Kampen and Morgan Stanley retail asset management announced they had agreed to join forces with Invesco, one of the world’s premier investment-management firms.
This edition of In Focus is part of a series of communications we will issue in an effort to keep financial advisors and their clients informed of our progress in combining the Van Kampen, Morgan Stanley retail asset management, and Invesco product lines.
This In Focus update contains greater detail around the previously announced fund mergers, including proposed fund names, symbols and Cusips that (assuming shareholder approval) will go into effect post-merger. In some cases, this includes the introduction of new share classes. Please keep in mind, the post-merger symbol information (for new share classes only) shown on the following pages represents preliminary information that is still pending final Nasdaq approval and, therefore, is subject to change.
It is important to note:The transfer of assets to Invesco is subject to the successful completion of the sale of Van Kampen and portions of Morgan Stanley’s retail asset management business to Invesco (the “transaction”), which is currently expected to occur on or about June 1, 2010. All proposed mergers are subject to shareholder approval as well as the closing of the overall transaction. Shareholder meetings are currently scheduled to occur on April 16, May 10 and May 11, as noted.
Section I: Merger of Approximately 90 Funds Proposed
As we previously communicated, for each of the Van Kampen and Morgan Stanley funds listed below, Invesco has created a corresponding shell fund. Should shareholders approve the merger of a Van Kampen or Morgan Stanley fund’s assets into the corresponding Invesco shell fund and the transaction closes, the merger of assets is expected to occur on or about June 1, 2010.
It is our intention that the Van Kampen and Morgan Stanley funds will continue to be managed by their current portfolio management teams, in a manner consistent with each fund’s stated investment objective and strategy, prior to the consummation of the proposed mergers.
Table of Contents
Section I: | ||||
Merger of Approximately 90 Funds Proposed | 2 | |||
Same Funds, Same Teams | ||||
Same Funds, New Team Members | ||||
Same Funds, New Teams | ||||
Section II: | ||||
Van Kampen Retirement Strategy Funds Merger Proposal | 11 | |||
Section III: | ||||
Van Kampen Money Market Funds Merger Proposal | 13 | |||
Section IV: | ||||
Van Kampen Proposes Merger of Three Funds Into MSIF, Inc.Portfolios | 13 | |||
Section V: | ||||
Proposal to Change Investment Advisory Agreement for 2 Funds | 14 | |||
Questions? | ||||
Contact Us | 15 |
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC.
NOT FDIC INSURED | OFFER NO BANK GUARANTEE | MAY LOSE VALUE | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | NOT A DEPOSIT |
It is important to note:In most cases, a fund’s symbols will not change, but its Cusips will change. In some instances, Invesco may choose to realign share classes at merger. Please refer to the legend below for more information.
Post-Merger Share Class Realignment
Van Kampen | Invesco | Morgan Stanley | Invesco | |||
Share Class | Share Class | Share Class | Share Class | |||
A | A | A | A | |||
B | B | B | B | |||
IB | IB | C | C | |||
C | C | R | R | |||
IC | IC | I | Y | |||
R | R | H | A | |||
I | Y | L | A | |||
LIT I | V.I. Series I | P | A | |||
LIT II | V.I. Series II | Investment | Y | |||
W | A | |||||
Select Dimensions X | V.I. Series I | |||||
Select Dimensions Y | V.I. Series II | |||||
VIS X | V.I. Series I | |||||
VIS Y | V.I. Series II | |||||
UIF I | V.I. Series I | |||||
UIF II | V.I. Series II |
Important Dates1
February 2010 | Proxies began mailing | |
May 11, 2010 | Shareholder meetings | |
June 1, 2010 | Projected merger of assets (assumes shareholder approval on 5/11/10) |
1 | Information and dates subject to change. | |
2 | Team members may change from time to time, without notice. |
Proposed Mergers — Same Funds, Same Teams2
Should shareholders approve these mergers and should the transaction close, it is anticipated members of the current portfolio management team (or, in certain cases, one or more members) will remain in place and will continue to manage these funds post-merger.Note:Information shown in bold below represents a change to a fund’s name, symbol and/or the introduction of a share class that does not correspond to a current Van Kampen or Morgan Stanley share class.
Van Kampen Funds
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
American Value Fund | Invesco Van Kampen American Value Fund | |||||||||||
Class A | MSAVX | 921133401 | Class A | MSAVX | 00143M844 | Copper, Roeder, | ||||||
Class B | MGAVX | 921133500 | Class B | MGAVX | 00143M836 | Mazanec, Laskin, | ||||||
Class C | MSVCX | 921133609 | Class C | MSVCX | 00143M828 | Maly, Marcheli, | ||||||
Class I | MSAIX | 921133310 | Class Y | MSAIX | 00143M794 | Bastian | ||||||
Class R | MSARX | 921133237 | Class R | MSARX | 00143M810 | |||||||
Institutional | MSAJX | 00143M786 | ||||||||||
California Insured Tax Free Fund | Invesco Van Kampen California Insured Tax Free Fund | |||||||||||
Class A | VKCIX | 921125100 | Class A | VKCIX | 001419738 | Byron, Stryker, | ||||||
Class B | VCIBX | 921125209 | Class B | VCIBX | 001419720 | Wimmel | ||||||
Class C | VCICX | 921125308 | Class C | VCICX | 001419712 | |||||||
Class I | VCIIX | 921125506 | Class Y | VCIIX | 001419696 | |||||||
Comstock Fund | Invesco Van Kampen Comstock Fund | |||||||||||
Class A | ACSTX | 92112D103 | Class A | ACSTX | 00143M711 | Holt, Leder, | ||||||
Class B | ACSWX | 92112D202 | Class B | ACSWX | 00143M695 | Warwick, Armstrong | ||||||
Class C | ACSYX | 92112D301 | Class C | ACSYX | 00143M687 | |||||||
Class I | ACSDX | 92112D509 | Class Y | ACSDX | 00143M661 | |||||||
Class R | ACSRX | 92112D400 | Class R | ACSRX | 00143M679 | |||||||
Institutional | ACSHX | 00143M653 | ||||||||||
Core Equity Fund | Invesco Van Kampen Core Equity Fund | |||||||||||
Class A | VCEAX | 92113A454 | Class A | VCEAX | 00142J537 | Lai, Pelensky, | ||||||
Class B | VCEBX | 92113A447 | Class B | VCEBX | 00142J529 | Petrino, Floriani | ||||||
Class C | VCECX | 92113A439 | Class C | VCECX | 00142J511 | |||||||
Class I | VCEIX | 92113A421 | Class Y | VCEIX | 00142J495 | |||||||
Class R | VCERX | 92113A413 | Class R | VCERX | 00142J487 |
2 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
Equity Premium Income Fund | Inveco Van Kampen Equity Premium Income Fund | |||||||||||
Class A | VEPAX | 92114U764 | Class A | VEPAX | 00142J412 | Yaghoobi, Abasov | ||||||
Class B | VEPBX | 92114U756 | Class B | VEPBX | 00142J396 | |||||||
Class C | VEPCX | 92114U749 | Class C | VEPCX | 00142J388 | |||||||
Class I | VEPIX | 92114U731 | Class Y | VEPIX | 00142J370 | |||||||
Growth and Income Fund | Invesco Van Kampen Growth and Income Fund | |||||||||||
Class A | ACGIX | 92113H103 | Class A | ACGIX | 00142J362 | Bastian, Roeder, | ||||||
Class B | ACGJX | 92113H202 | Class B | ACGJX | 00142J354 | Laskin, Maly, | ||||||
Class C | ACGKX | 92113H301 | Class C | ACGKX | 00142J347 | Marcheli | ||||||
Class I | ACGMX | 92113H509 | Class Y | ACGMX | 00142J339 | |||||||
Class R | ACGLX | 92113H400 | Class R | ACGLX | 00142J313 | |||||||
Institutional | ACGQX | 00142J321 | ||||||||||
Harbor Fund | Invesco Van Kampen Harbor Fund | |||||||||||
Class A | ACHBX | 92113J109 | Class A | ACHBX | 00888W767 | Gold, Nashed | ||||||
Class B | ACHAX | 92113J208 | Class B | ACHAX | 00888W759 | |||||||
Class C | ACHCX | 92113J307 | Class C | ACHCX | 00888W742 | |||||||
Class I | ACHIX | 92113J406 | Class Y | ACHIX | 00888W734 | |||||||
Institutional | ACHJX | 00888W726 | ||||||||||
High Yield Fund | Invesco Van Kampen High Yield Fund | |||||||||||
Class A | ACHYX | 92113K106 | Class A | ACHYX | 001421742 | Findling | ||||||
Class B | ACHZX | 92113K205 | Class B | ACHZX | 001421734 | |||||||
Class C | ACHWX | 92113K304 | Class C | ACHWX | 001421726 | |||||||
Class I | ACHVX | 92113K403 | Class Y | ACHVX | 001421718 | |||||||
Institutional | ACHNX | 001421692 | ||||||||||
High Yield Municipal Fund | Invesco Van Kampen High Yield Municipal Fund | |||||||||||
Class A | ACTHX | 92113R101 | Class A | ACTHX | 001419688 | Black, Paris, Phillips | ||||||
Class B | ACTGX | 92113R200 | Class B | ACTGX | 001419670 | |||||||
Class C | ACTFX | 92113R309 | Class C | ACTFX | 001419662 | |||||||
Class I | ACTDX | 92113R705 | Class Y | ACTDX | 001419654 | |||||||
Insured Tax Free Income Fund | Invesco Van Kampen Insured Tax Free Income Fund | |||||||||||
Class A | VKMTX | 921127106 | Class A | VKMTX | 001419647 | Byron, Stryker, | ||||||
Class B | VMTBX | 921127205 | Class B | VMTBX | 001419639 | Wimmel | ||||||
Class C | VMTCX | 921127304 | Class C | VMTCX | 001419621 | |||||||
Class I | VMTIX | 921127502 | Class Y | VMTIX | 001419613 | |||||||
Intermediate Term Municipal Income Fund | Invesco Van Kampen Intermediate Term Municipal Income Fund | |||||||||||
Class A | VKLMX | 920940301 | Class A | VKLMX | 001419597 | Byron, Stryker, | ||||||
Class B | VKLBX | 920940400 | Class B | VKLBX | 001419589 | Wimmel | ||||||
Class C | VKLCX | 920940509 | Class C | VKLCX | 001419571 | |||||||
Class I | VKLIX | 920940681 | Class Y | VKLIX | 001419563 | |||||||
International Advantage Fund | Invesco Van Kampen International Advantage Fund | |||||||||||
Class A | VKIAX | 92114U707 | Class A | VKIAX | 00142R828 | Ramos, | ||||||
Class B | VKIBX | 92114U806 | Class B | VKIBX | 00142R810 | Garcia-Tunon, Glatt | ||||||
Class C | VKICX | 92114U889 | Class C | VKICX | 00142R794 | |||||||
Class I | VKIIX | 92114U871 | Class Y | VKIIX | 00142R786 | |||||||
Municipal Income Fund | Invesco Van Kampen Municipal Income Fund | |||||||||||
Class A | VKMMX | 920917101 | Class A | VKMMX | 001419555 | Byron, Stryker, | ||||||
Class B | VMIBX | 920917200 | Class B | VMIBX | 001419548 | Wimmel | ||||||
Class C | VMICX | 920917309 | Class C | VMICX | 001419530 | |||||||
Class I | VMIIX | 920917507 | Class Y | VMIIX | 001419522 | |||||||
New York Tax Free Income Fund | Invesco Van Kampen New York Tax Free Income Fund | |||||||||||
Class A | VNYAX | 920940889 | Class A | VNYAX | 001419514 | Paris, Williams, | ||||||
Class B | VBNYX | 920940871 | Class B | VBNYX | 001419498 | Stryker | ||||||
Class C | VNYCX | 920940863 | Class C | VNYCX | 001419480 | |||||||
Class Y | VNYYX | 001419472 | ||||||||||
Pennsylvania Tax Free Income Fund | Invesco Van Kampen Pennsylvania Tax Free Income Fund | |||||||||||
Class A | VKMPX | 920902103 | Class A | VKMPX | 00142J255 | Paris, Williams, | ||||||
Class B | VKPAX | 920902202 | Class B | VKPAX | 00142J248 | Wimmel | ||||||
Class C | VKPCX | 920902301 | Class C | VKPCX | 00142J230 | |||||||
Class Y | VKPYX | 00142J222 | ||||||||||
Small Cap Growth Fund | Invesco Van Kampen Small Cap Growth Fund | |||||||||||
Class A | VASCX | 92114P708 | Class A | VASCX | 00142J214 | Hart, Speer | ||||||
Class B | VBSCX | 92114P807 | Class B | VBSCX | 00142J198 | |||||||
Class C | VCSCX | 92114P880 | Class C | VCSCX | 00142J180 | |||||||
Class I | VISCX | 92114P823 | Class Y | VISCX | 00142J172 |
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. | 3 |
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||||
Small Cap Value Fund | �� | Invesco Van Kampen Small Cap Value Fund | ||||||||||||
Class A | VSCAX | 92114P104 | Class A | VSCAX | 00143M539 | Glass, Yaggy | ||||||||
Class B | VSMBX | 92114P203 | Class B | VSMBX | 00143M521 | |||||||||
Class C | VSMCX | 92114P302 | Class C | VSMCX | 00143M513 | |||||||||
Class I | VSMIX | 92114P831 | Class Y | VSMIX | 00143M497 | |||||||||
Technology Fund | Invesco Van Kampen Technology Fund | |||||||||||||
Class A | VTFAX | 92114U103 | Class A | VTFAX | 00143M489 | Nolan, Robb, | ||||||||
Class B | VTFBX | 92114U202 | Class B | VTFBX | 00143M471 | Krause | ||||||||
Class C | VTFCX | 92114U301 | Class C | VTFCX | 00143M463 | |||||||||
Class Y | VTFIX | 00143M455 | ||||||||||||
Utility Fund | Invesco Van Kampen Utility Fund | |||||||||||||
Class A | VKUAX | 920946100 | Class A | VKUAX | 00143M448 | Nolan, Robb, | ||||||||
Class B | VKUBX | 920946209 | Class B | VKUBX | 00143M430 | Krause | ||||||||
Class C | VKUCX | 920946308 | Class C | VKUCX | 00143M422 | |||||||||
Class I | VKUIX | 920946506 | Class Y | VKUIX | 00143M414 | |||||||||
Value Opportunities Fund | Invesco Van Kampen Value Opportunities Fund | |||||||||||||
Class A | VVOAX | 92113A793 | Class A | VVOAX | 00143M398 | Holt, Leder, | ||||||||
Class B | VVOBX | 92113A785 | Class B | VVOBX | 00143M380 | Warwick, Armstrong | ||||||||
Class C | VVOCX | 92113A777 | Class C | VVOCX | 00143M372 | |||||||||
Class I | VVOIX | 92113A751 | Class Y | VVOIX | 00143M364 |
Morgan Stanley Funds
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||||
California Tax-Free Income Fund | Invesco California Tax-Free Income Fund | |||||||||||||
Class A | CLFAX | 616972105 | Class A | CLFAX | 00142J800 | Byron, Stryker, | ||||||||
Class B | CLFBX | 616972204 | Class B | CLFBX | 00142J883 | Wimmel | ||||||||
Class C | CLFCX | 616972303 | Class C | CLFCX | 00142J875 | |||||||||
Class I | CLFDX | 616972402 | Class Y | CLFDX | 00142J867 | |||||||||
Commodities Alpha Fund | Invesco CommoditiesStrategyFund | |||||||||||||
Class A | COAAX | 61755X882 | Class A | COAAX | 00141V622 | Simpson, Callan, | ||||||||
Class B | COABX | 61755X668 | Class B | COAHX | 00141V614 | Linnecar, Madeiros | ||||||||
Class C | COACX | 61755X874 | Class C | COACX | 00141V598 | |||||||||
Class I | COAIX | 61755X866 | Class Y | COAIX | 00141V572 | |||||||||
Class R | COARX | 61755X858 | Class R | COARX | 00141V580 | |||||||||
Class W | COAWX | 61755X841 | Class A | COARX | 00141V622 | |||||||||
Institutional | COAJX | 00141V564 | ||||||||||||
Convertible Securities Trust Fund | Invesco Convertible Securities Fund | |||||||||||||
Class A | CNSAX | 616960100 | Class A | CNSAX | 00888W403 | Gold, Nashed | ||||||||
Class B | CNSBX | 616960209 | Class B | CNSBX | 00888W502 | |||||||||
Class C | CNSCX | 616960308 | Class C | CNSCX | 00888W601 | |||||||||
Class I | CNSDX | 616960407 | Class Y | CNSDX | 00888W700 | |||||||||
Dividend Growth Securities Fund | Invesco Dividend Growth Securities Fund | |||||||||||||
Class A | DIVAX | 616938106 | Class A | DIVAX | 00142J859 | Lai, Floriani, | ||||||||
Class B | DIVBX | 616938205 | Class B | DIVBX | 00142J842 | Petrino, Pelensky | ||||||||
Class C | DIVCX | 616938304 | Class C | DIVCX | 00142J834 | |||||||||
Class I | DIVDX | 616938403 | Class Y | DIVDX | 00142J826 | |||||||||
Equally-Weighted S&P 500 Fund | Invesco Equally-Weighted S&P 500 Fund | |||||||||||||
Class A | VADAX | 616957106 | Class A | VADAX | 00142J818 | Yaghoobi, Abasov | ||||||||
Class B | VADBX | 616957205 | Class B | VADBX | 00142J792 | |||||||||
Class C | VADCX | 616957304 | Class C | VADCX | 00142J784 | |||||||||
Class I | VADDX | 616957403 | Class Y | VADDX | 00142J776 | |||||||||
Class R | VADRX | 616957502 | Class R | VADRX | 00142J768 | |||||||||
Class W | VADWX | 616957601 | Class A | VADAX | 00142J818 | |||||||||
Fundamental Value Fund | Invesco Fundamental Value Fund | |||||||||||||
Class A | FVFAX | 61746L104 | Class A | FVFAX | 00142J750 | Bastian, Roeder, | ||||||||
Class B | FVFBX | 61746L203 | Class B | FVFBX | 00142J743 | Laskin, Maly, | ||||||||
Class C | FVFCX | 61746L302 | Class C | FVFCX | 00142J735 | Marcheli | ||||||||
Class I | FVFDX | 61746L401 | Class Y | FVFDX | 00142J727 |
4 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
FX Alpha Plus Strategy Fund | Invesco FX Alpha Plus Strategy Fund | |||||||||||
Class A | FXPAX | 617479506 | Class A | FXPAX | 00141V556 | Simpson, Callan, | ||||||
Class C | FXPCX | 617479605 | Class C | FXPCX | 00141V549 | Mukherjee | ||||||
Class I | FXPDX | 617479704 | Class Y | FXPDX | 00141V523 | |||||||
Class R | FXPRX | 617479878 | Class R | FXPRX | 00141V531 | |||||||
Class W | FXPWX | 617479860 | Class A | FXPAX | 00141V556 | |||||||
Institutional | FXPIX | 00141V515 | ||||||||||
FX Alpha Strategy Fund | Invesco FX Alpha Strategy Fund | |||||||||||
Class A | FXAAX | 617479100 | Class A | FXAAX | 00141V499 | Simpson, Callan, | ||||||
Class C | FXACX | 617479308 | Class C | FXACX | 00141V481 | Mukherjee | ||||||
Class I | FXADX | 617479407 | Class Y | FXADX | 00141V465 | |||||||
Class R | FXARX | 617479803 | Class R | FXARX | 00141V473 | |||||||
Class W | FXAWX | 617479886 | Class A | FXAAX | 00141V499 | |||||||
Institutional | FXAIX | 00141V457 | ||||||||||
Global Advantage Fund | Invesco Global Advantage Fund | |||||||||||
Class A | GADAX | 61746A108 | Class A | GADAX | 00141V440 | Ramos, | ||||||
Class B | GADBX | 61746A116 | Class B | GADBX | 00141V432 | Garcia-Tunon, Glatt | ||||||
Class C | GADCX | 61746A124 | Class C | GADCX | 00141V424 | |||||||
Class I | GADDX | 61746A132 | Class Y | GADDX | 00141V416 | |||||||
Global Dividend Growth Securities Fund | Invesco Global Dividend Growth Securities Fund | |||||||||||
Class A | GLBAX | 616941100 | Class A | GLBAX | 00141V390 | Degans, Beaubois | ||||||
Class B | GLBBX | 616941209 | Class B | GLBBX | 00141V382 | |||||||
Class C | GLBCX | 616941308 | Class C | GLBCX | 00141V374 | |||||||
Class I | GLBDX | 616941407 | Class Y | GLBDX | 00141V366 | |||||||
Health Sciences Trust | Invesco Health Sciences Fund | |||||||||||
Class A | HCRAX | 616943106 | Class A | HCRAX | 00141V358 | Nolan, Robb, | ||||||
Class B | HCRBX | 616943205 | Class B | HCRBX | 00141V341 | Krause | ||||||
Class C | HCRCX | 616943304 | Class C | HCRCX | 00141V333 | |||||||
Class I | HCRDX | 616943403 | Class Y | HCRDX | 00141V325 | |||||||
High Yield Securities Fund | Invesco High Yield Securities Fund | |||||||||||
Class A | HYLAX | 616964102 | Class A | HYLAX | 001421403 | Findling | ||||||
Class B | HYLBX | 616964201 | Class B | HYLBX | 001421502 | |||||||
Class C | HYLCX | 616964300 | Class C | HYLCX | 001421601 | |||||||
Class I | HYLDX | 616964409 | Class Y | HYLDX | 001421700 | |||||||
Mid-Cap Value Fund | Invesco Mid-Cap Value Fund | |||||||||||
Class A | MDFAX | 61747J108 | Class A | MDFAX | 00142F394 | Copper, Roeder, | ||||||
Class B | MDFBX | 61747J207 | Class B | MDFBX | 00142F386 | Mazanec, Laskin, | ||||||
Class C | MDFCX | 61747J306 | Class C | MDFCX | 00142F378 | Maly, Marcheli, | ||||||
Class I | MDFDX | 61747J405 | Class Y | MDFDX | 00142F360 | Bastian | ||||||
New York Tax-Free Income Fund | Invesco New York Tax Free Income Fund | |||||||||||
Class A | NYFAX | 616975108 | Class A | NYFAX | 00142J669 | Paris, Stryker, | ||||||
Class B | NYFBX | 616975207 | Class B | NYFBX | 00142J651 | Williams | ||||||
Class C | NYFCX | 616975306 | Class C | NYFCX | 00142J644 | |||||||
Class I | NYFDX | 616975405 | Class Y | NYFDX | 00142J636 | |||||||
S&P 500 Index Fund | Invesco S&P 500 Index Fund | |||||||||||
Class A | SPIAX | 616953105 | Class A | SPIAX | 00142J628 | Yaghoobi, Abasov | ||||||
Class B | SPIBX | 616953204 | Class B | SPIBX | 00142J610 | |||||||
Class C | SPICX | 616953303 | Class C | SPICX | 00142J594 | |||||||
Class I | SPIDX | 616953402 | Class Y | SPIDX | 00142J586 | |||||||
Small-Mid Special Value Fund | Invesco Small-Mid Special Value Fund | |||||||||||
Class A | JBJAX | 61747V101 | Class A | JBJAX | 00142F352 | Glass, Yaggy | ||||||
Class B | JBJBX | 61747V200 | Class B | JBJBX | 00142F345 | |||||||
Class C | JBJCX | 61747V309 | Class C | JBJCX | 00142F337 | |||||||
Class I | JBJDX | 61747V408 | Class Y | JBJDX | 00142F329 | |||||||
Special Value Fund | Invesco Special Value Fund | |||||||||||
Class A | SVFAX | 616954103 | Class A | SVFAX | 00142F311 | Glass, Yaggy | ||||||
Class B | SVFBX | 616954202 | Class B | SVFBX | 00142F295 | |||||||
Class C | SVFCX | 616954301 | Class C | SVFCX | 00142F287 | |||||||
Class I | SVFDX | 616954400 | Class Y | SVFDX | 00142F279 |
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. | 5 |
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
Tax-Exempt Securities Trust | Invesco Tax-Exempt Securities Fund | |||||||||||
Class A | TAXAX | 616977104 | Class A | TAXAX | 001419779 | Byron, Stryker, | ||||||
Class B | TAXBX | 616977203 | Class B | TAXBX | 001419761 | Wimmel | ||||||
Class C | TAXCX | 616977302 | Class C | TAXCX | 001419753 | |||||||
Class I | TAXDX | 616977401 | Class Y | TAXDX | 001419746 | |||||||
Technology Fund | Invesco TechnologySectorFund | |||||||||||
Class A | IFOAX | 616945101 | Class A | IFOAX | 00142F261 | Nolan, Robb, | ||||||
Class B | IFOBX | 616945200 | Class B | IFOBX | 00142F253 | Krause | ||||||
Class C | IFOCX | 616945309 | Class C | IFOCX | 00142F246 | |||||||
Class I | IFODX | 616945408 | Class Y | IFODX | 00142F238 | |||||||
Value Fund | Invesco Value Fund | |||||||||||
Class A | VLUAX | 61745Y107 | Class A | VLUAX | 00143M505 | Holt, Leder, | ||||||
Class B | VLUBX | 61745Y206 | Class B | VLUBX | 00143M604 | Warwick, Armstrong | ||||||
Class C | VLUCX | 61745Y305 | Class C | VLUCX | 00143M703 | |||||||
Class I | VLUDX | 61745Y404 | Class Y | VLUDX | 00143M802 |
MSIF/MSIFT Portfolios | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Fund) | (Target PortfoliosOnly) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
MSIF Large Cap Relative Value Portfolio | Invesco Large Cap Relative Value Fund | |||||||||||
Class P | IVABX | 61744J440 | Class A | IVABX | 00142J719 | Bastian, Roeder, | ||||||
Class B | IVAHX | 00142J693 | Laskin, Maly, | |||||||||
Class C | IVAKX | 00142J685 | Marcheli | |||||||||
Class I | MSIVX | 61744J705 | Class Y | MSIVX | 00142J677 | |||||||
MSIFT Municipal Portfolio | Invesco Municipal Fund | |||||||||||
Class L | MIMLX | 617440268 | Class A | MIMLX | 001419829 | Byron, Stryker, | ||||||
Class B | IMUGX | 001419811 | Wimmel | |||||||||
Class C | IMUHX | 001419795 | ||||||||||
Class I | MPMFX | 617440847 | Class Y | MPMFX | 001419787 | |||||||
Class H | MSMHX | 617440318 | Class A | MIMLX | 001419829 | |||||||
Class P | MSMPX | 617440441 | Class A | MIMLX | 001419829 | |||||||
MSIFT U.S. Mid Cap Value Portfolio | Invesco U.S. Mid Cap Value Fund | |||||||||||
Class P | MMCAX | 617440540 | Class A | MMCAX | 00142F220 | Copper, Roeder, | ||||||
Class B | MMCDX | 00142F212 | Mazanec, Laskin, | |||||||||
Class C | MMCCX | 00142F196 | Maly, Marcheli, | |||||||||
Class I | MPMVX | 617440771 | Class Y | MPMVX | 00142F188 | Bastian | ||||||
Class INV | MPMIX | 617440664 | Class Y | MPMVX | 00142F188 | |||||||
MSIFT U.S. Small Cap Value Portfolio | Invesco U.S. Small Cap Value Fund | |||||||||||
Class P | MCVAX | 617440532 | Class A | MCVAX | 00142F170 | Glass, Yaggy | ||||||
Class B | MCVGX | 00142F162 | ||||||||||
Class C | MCVQX | 00142F154 | ||||||||||
Class I | MPSCX | 617440409 | Class Y | MPSCX | 00142F147 | |||||||
MSIFT U.S. Small/Mid Cap Value Portfolio | Invesco U.S. Small/Mid Cap Value Fund | |||||||||||
Class P | MSMMX | 61756E206 | Class A | MSMMX | 00143M109 | Glass, Yaggy | ||||||
Class B | MSMGX | 00143M208 | ||||||||||
Class C | MSMQX | 00143M307 | ||||||||||
Class I | MSMDX | 61756E107 | Class Y | MSMDX | 00143M406 | |||||||
MSIFT Value Portfolio | Invesco Value II Fund | |||||||||||
Class P | MPVAX | 617440615 | Class A | MPVAX | 00143M885 | Holt, Leder, | ||||||
Class B | MCVEX | 00143M877 | Warwick, Armstrong | |||||||||
Class C | MCVFX | 00143M869 | ||||||||||
Class I | MPVLX | 617440201 | Class Y | MPVLX | 00143M851 |
Insurance Trust Portfolios
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
LIT Comstock Portfolio | Invesco Van Kampen V.I. Comstock Fund | |||||||||||
Class I | 92113L864 | Series I | N/A | 00888X773 | Holt, Leder, | |||||||
Class II | 92113L849 | Series II | N/A | 00888X765 | Warwick, Armstrong |
6 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
Insurance Trust Portfolios | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Portfolios) | (Target Portfolios Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
LIT Growth and Income Portfolio | Invesco Van Kampen V.I. Growth and Income Fund | |||||||||||
Class I | 92113L880 | Series I | N/A | 00888X666 | Bastian, Roeder, | |||||||
Class II | 92113L773 | Series II | N/A | 00888X658 | Laskin, Maly, | |||||||
Marcheli | ||||||||||||
UIF Global Value Equity Portfolio | Invesco Van Kampen V.I. Global Value Equity Fund | |||||||||||
Class I | UGEPX | 91359U778 | Series I | N/A | 00888X716 | Degans, Beaubois | ||||||
Series II | N/A | 00888X690 | ||||||||||
UIF High Yield Portfolio | Invesco Van Kampen V.I. High Yield Fund | |||||||||||
Class I | UHYPX | 91359U729 | Series I | N/A | 00888X641 | Findling | ||||||
Series II | N/A | 00888X633 | ||||||||||
UIF U.S. Mid Cap Value Portfolio | Invesco Van Kampen V.I. Mid Cap Value Portfolio | |||||||||||
Class I | UMCVX | 91359U752 | Series I | N/A | 00888X575 | Copper, Roeder, | ||||||
Class II | UMCCX | 91359U307 | Series II | N/A | 00888X567 | Mazanec, Laskin, | ||||||
Maly, Marcheli, | ||||||||||||
Bastian | ||||||||||||
UIF Value Portfolio | Invesco Van Kampen V.I. Value Fund | |||||||||||
Class I | UVAPX | 91359U737 | Series I | N/A | 00888X559 | Holt, Leder, | ||||||
Series II | N/A | 00888X542 | Warwick, | |||||||||
Armstrong | ||||||||||||
Select Dimensions — Dividend Growth Portfolio | Invesco V.I. Select Dimensions Dividend Growth Fund | |||||||||||
Class X | 61747X867 | Series I | N/A | 00888X849 | Lai, Floriani, | |||||||
Class Y | 61747X859 | Series II | N/A | 00888X831 | Petrino, Pelensky | |||||||
Select Dimensions — Equally-Weighted S&P 500 Portfolio | Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund | |||||||||||
Class X | 61747X750 | Series I | N/A | 00888X823 | Yaghoobi, Abasov | |||||||
Class Y | 61747X743 | Series II | N/A | 00888X815 | ||||||||
Variable Investment Series — Dividend Growth Portfolio | Invesco V.I. Dividend Growth Fund | |||||||||||
Class X | 61748Q309 | Series I | N/A | 00888X104 | Lai, Floriani, | |||||||
Class Y | 61748Q408 | Series II | N/A | 00888X203 | Petrino, Pelensky | |||||||
Variable Investment Series — Global Dividend Growth Portfolio | Invesco V.I. Global Dividend Growth Fund | |||||||||||
Class X | 61748Q861 | Series I | N/A | 00888X302 | Degans, Beaubois | |||||||
Class Y | 61748Q853 | Series II | N/A | 00888X401 | ||||||||
Variable Investment Series — High Yield Portfolio | Invesco V.I. Hight Yiled Securities Fund | |||||||||||
Class X | 61748Q846 | Series I | N/A | 00888X500 | Findling | |||||||
Class Y | 61748Q838 | Series II | N/A | 00888X609 | ||||||||
Variable Investment Series — Income Builder Portfolio | Invesco V.I. Income Builder Fund | |||||||||||
Class X | 61748Q820 | Series I | N/A | 00888X708 | Bastian, Maly, | |||||||
Class Y | 61748Q812 | Series II | N/A | 00888X807 | Gold, Roeder, | |||||||
Laskin, Marcheli | ||||||||||||
Variable Investment Series — S&P 500 Index Portfolio | Invesco V.I. S&P 500 Index Fund | |||||||||||
Class X | 61748Q663 | Series I | N/A | 00888X880 | Yaghoobi, Abasov | |||||||
Class Y | 61748Q655 | Series II | N/A | 00888X872 |
Proposed Mergers — Same Funds, New Team Members2
Should shareholders approve these fund mergers and should the transaction close, members of the current portfolio management teams are expected to be joined, post-merger, by fellow portfolio managers from Invesco.Note:Information shown in bold below represents a change to a fund’s name, symbol and/or the introduction of a share class that does not correspond to a current Van Kampen or Morgan Stanley share class.
Van Kampen Funds
Team Post-Merger | ||||||||||||
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Members) | ||||||||
Equity and Income Fund | Invesco Van Kampen Equity and Income Fund | |||||||||||
Class A | ACEIX | 92113D102 | Class A | ACEIX | 00142J479 | Bastian, Maly, | ||||||
Class B | ACEQX | 92113D201 | Class B | ACEQX | 00142J461 | Roeder, Laskin, | ||||||
Class C | ACERX | 92113D300 | Class C | ACERX | 00142J453 | Marcheli, Brien, | ||||||
Class I | ACETX | 92113D508 | Class Y | ACETX | 00142J446 | Burge | ||||||
Class R | ACESX | 92113D409 | Class R | ACESX | 00142J420 | |||||||
Institutional | ACEKX | 00142J438 |
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. | 7 |
Morgan Stanley Funds
Team Post-Merger | ||||||||||||||
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Team Members) | ||||||||||
Balanced Fund | Invesco Balanced Fund | |||||||||||||
Class A | BGRAX | 616934105 | Class A | BGRAX | 00142J404 | Bastian, Maly, | ||||||||
Class B | BGRBX | 616934204 | Class B | BGRBX | 00142J503 | Roeder, Laskin, | ||||||||
Class C | BGRCX | 616934303 | Class C | BGRCX | 00142J602 | Marcheli, Brien, | ||||||||
Class I | BGRDX | 616934402 | Class Y | BGRDX | 00142J701 | Burge | ||||||||
Pacific Growth | Invesco Pacific Growth | |||||||||||||
Class A | TGRAX | 616951109 | Class A | TGRAX | 00141V267 | Sugio, Chan | ||||||||
Class B | TGRBX | 616951208 | Class B | TGRBX | 00141V259 | |||||||||
Class C | TGRCX | 616951307 | Class C | TGRCX | 00141V242 | |||||||||
Class I | TGRDX | 616951406 | Class Y | TGRDX | 00141V226 | |||||||||
Class R | TGRRX | 616951505 | Class R | TGRRX | 00141V234 |
Insurance Trust Portfolios
Team Post-Merger | ||||||||||||
Insurance Trust Portfolios | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Portfolios) | (Target Portfolios) | (Acquiring Fund) | (Acquiring Fund) | Team Members) | ||||||||
UIF Equity and Income Portfolio | Invesco Van Kampen V.I. Equity and Income Fund | |||||||||||
UEIIX | 91359U885 | Series I | N/A | 00888X757 | Bastian, Maly, | |||||||
Class II | Series II | N/A | 00888X740 | Roeder, Laskin, | ||||||||
Marcheli, Brien, Burge | ||||||||||||
Select Dimensions — Balanced Portfolio | Invesco V.I. Select Dimensions Balanced Fund | |||||||||||
Class X | 61747X305 | Series I | N/A | 00888X864 | Bastian, Maly, | |||||||
Class Y | 61747X404 | Series II | N/A | 00888X856 | Roeder, Laskin, | |||||||
Marcheli, Brien, Burge |
Proposed Mergers — Same Funds, New Teams2
Should shareholders approve these fund mergers and should the transaction close, the funds are expected to be managed, post merger, by teams of experienced asset managers from Invesco.Note:Information shown in bold below represents a change to a fund’s name, symbol and/or the introduction of a share class that does not correspond to a current Van Kampen or Morgan Stanley share class.
Van Kampen Funds
Team Post-Merger | ||||||||||||
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Investment Teams) | ||||||||
American Franchise Fund | Invesco Van Kampen American Franchise Fund | |||||||||||
Class A | VAFAX | 92114U855 | Class A | VAFAX | 00142J578 | Lloyd, Amerman | ||||||
Class B | VAFBX | 92114U848 | Class B | VAFBX | 00142J560 | |||||||
Class C | VAFCX | 92114U830 | Class C | VAFCX | 00142J552 | |||||||
Class I | VAFIX | 92114U822 | Class Y | VAFIX | 00142J545 | |||||||
Asset Allocation Conservative Fund | Invesco Van Kampen Asset Allocation Conservative Fund | |||||||||||
Class A | VACAX | 92113A645 | Class A | VACAX | 00888W809 | Wolle, Hixon, | ||||||
Class B | VACBX | 92113A637 | Class B | VACBX | 00888W882 | Ahnrud, Devine, | ||||||
Class C | VACCX | 92113A629 | Class C | VACCX | 00888W874 | Ulrich | ||||||
Class I | VACIX | 92113A611 | Class Y | VACIX | 00888W866 | |||||||
Asset Allocation Growth Fund | Invesco Van Kampen Asset Allocation Growth Fund | |||||||||||
Class A | VKAAX | 92113A553 | Class A | VKAAX | 00888W858 | Wolle, Hixon, | ||||||
Class B | VKABX | 92113A546 | Class B | VKABX | 00888W841 | Ahnrud, Devine, | ||||||
Class C | VKACX | 92113A538 | Class C | VKACX | 00888W833 | Ulrich | ||||||
Class I | VKAIX | 92113A520 | Class Y | VKAIX | 00888W825 |
8 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
Team Post-Merger | ||||||||||||
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Investment Teams) | ||||||||
Asset Allocation Moderate Fund | Invesco Van Kampen Asset Allocation Moderate Fund | |||||||||||
Class A | VAMAX | 92113A595 | Class A | VAMAX | 00888W817 | Wolle, Hixon, | ||||||
Class B | VAMBX | 92113A587 | Class B | VAMBX | 00888W791 | Ahnrud, Devine, | ||||||
Class C | VAMCX | 92113A579 | Class C | VAMCX | 00888W783 | Ulrich | ||||||
Class I | VAMIX | 92113A561 | Class Y | VAMIX | 00888W775 | |||||||
Capital Growth Fund | Invesco Van Kampen Capital Growth Fund | |||||||||||
Class A | ACPAX | 92113N100 | Class A | ACPAX | 00143M778 | Lloyd, Amerman | ||||||
Class B | ACPBX | 92113N209 | Class B | ACPBX | 00143M760 | |||||||
Class C | ACPCX | 92113N308 | Class C | ACPCX | 00143M752 | |||||||
Class I | ACPDX | 92113N407 | Class Y | ACPDX | 00143M737 | |||||||
Class R | ACPRX | 92113N506 | Class R | ACPRX | 00143M745 | |||||||
Institutional | ACPJX | 00143M729 | ||||||||||
Core Plus Fixed Income Fund | Invesco Van Kampen Core Plus Fixed Income Fund | |||||||||||
Class A | VCPAX | 921160107 | Class A | VCPAX | 001421809 | Brien, Burge, | ||||||
Class B | VCPBX | 921160206 | Class B | VCPBX | 001421882 | Calich, Ehret | ||||||
Class C | VCPCX | 921160305 | Class C | VCPCX | 001421874 | |||||||
Class I | VCPIX | 921160404 | Class Y | VCPIX | 001421866 | |||||||
Corporate Bond Fund | Invesco Van Kampen Corporate Bond Fund | |||||||||||
Class A | ACCBX | 92112U105 | Class A | ACCBX | 001421858 | Brien, Burge | ||||||
Class B | ACCDX | 92112U204 | Class B | ACCDX | 001421841 | |||||||
Class C | ACCEX | 92112U303 | Class C | ACCEX | 001421833 | |||||||
Class I | ACCHX | 92112U402 | Class Y | ACCHX | 001421825 | |||||||
Institutional | ACCLX | 001421817 | ||||||||||
Emerging Markets Fund | Invesco Van Kampen Emerging Markets Fund | |||||||||||
Class A | MSRAX | 921133872 | Class A | MSRAX | 00141V218 | Cao, Endresen, | ||||||
Class B | MSRBX | 921133864 | Class B | MSRBX | 00141V192 | Jason | ||||||
Class C | MSRCX | 921133856 | Class C | MSRCX | 00141V184 | |||||||
Class I | MSRIX | 921133294 | Class Y | MSRIX | 00141V176 | |||||||
Institutional | MSRJX | 00141V168 | ||||||||||
Enterprise Fund3 | Invesco Van Kampen Enterprise Fund | |||||||||||
Class A | ACENX | 92113C104 | Class A | ACENX | 00143M646 | Lloyd, Amerman | ||||||
Class B | ACEOX | 92113C203 | Class B | ACEOX | 00143M638 | |||||||
Class C | ACEPX | 92113C302 | Class C | ACEPX | 00143M620 | |||||||
Class I | ACEUX | 92113C500 | Class Y | ACEUX | 00143M612 | |||||||
Global Bond Fund | Invesco Van Kampen Global Bond Fund | |||||||||||
Class A | VGBAX | 92117L605 | Class A | VGBAX | 00141V150 | Matthews, Nash | ||||||
Class B | VGBBX | 92117L704 | Class B | VGBBX | 00141V143 | |||||||
Class C | VGBCX | 92117L803 | Class C | VGBCX | 00141V135 | |||||||
Class I | VGBIX | 92117L886 | Class Y | VGBIX | 00141V119 | |||||||
Class R | VGBRX | 92117L878 | Class R | VGBRX | 00141V127 | |||||||
Global Equity Allocation Fund | Invesco Van Kampen Global Equity Allocation Fund | |||||||||||
Class A | MSGAX | 921133815 | Class A | MSGAX | 00142R109 | Granade, Baker, | ||||||
Class B | MSGBX | 921133799 | Class B | MSGBX | 00142R208 | Davidson, | ||||||
Class C | MSGCX | 921133781 | Class C | MSGCX | 00142R307 | McGowan, Singha | ||||||
Class I | MSGDX | 921133260 | Class Y | MSGDX | 00142R406 | |||||||
Global Franchise Fund | Invesco Van Kampen Global Franchise Fund | |||||||||||
Class A | VGFAX | 921133344 | Class A | VGFAX | 00142R505 | Granade, Baker, | ||||||
Class B | VGFBX | 921133336 | Class B | VGFBX | 00142R604 | Davidson, | ||||||
Class C | VGFCX | 921133328 | Class C | VGFCX | 00142R703 | McGowan, Singha | ||||||
Class I | VGFIX | 921133252 | Class Y | VGFIX | 00142R802 | |||||||
Global Tactical Asset Allocation Fund | Invesco Van Kampen Global Tactical Asset Allocation Fund | |||||||||||
Class A | VGTAX | 92117L100 | Class A | VGTAX | 00142R885 | Wolle, Hixon, | ||||||
Class B | VGTBX | 92117L209 | Class B | VGTBX | 00142R877 | Ahnrud, Devine, | ||||||
Class C | VGTCX | 92117L308 | Class C | VGTCX | 00142R869 | Ulrich | ||||||
Class I | VGTIX | 92117L407 | Class Y | VGTIX | 00142R844 | |||||||
Class R | VGTRX | 92117L506 | Class R | VGTRX | 00142R851 | |||||||
Institutional | VGTJX | 00142R836 |
3 | Closed to new investors. |
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. | 9 |
Team Post-Merger | ||||||||||||
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Investment Teams) | ||||||||
Government Securities Fund | Invesco Van Kampen Government Securities Fund | |||||||||||
Class A | ACGVX | 92113F107 | Class A | ACGVX | 001421791 | Dudley, Schneider | ||||||
Class B | ACGTX | 92113F206 | Class B | ACGTX | 001421783 | |||||||
Class C | ACGSX | 92113F305 | Class C | ACGSX | 001421775 | |||||||
Class I | ACGUX | 92113F404 | Class Y | ACGUX | 001421767 | |||||||
Institutional | ACGWX | 001421759 | ||||||||||
International Growth Fund | Invesco Van Kampen International Growth Fund | |||||||||||
Class A | VIFAX | 92114U814 | Class A | VIFAX | 00142R778 | Olsson, Sides, Cao, | ||||||
Class B | VIFBX | 92114U798 | Class B | VIFBX | 00142R760 | Dennis, Holzer | ||||||
Class C | VIFCX | 92114U780 | Class C | VIFCX | 00142R752 | |||||||
Class I | VIFIX | 92114U772 | Class Y | VIFIX | 00142R737 | |||||||
Class R | VIFRX | 92114U723 | Class R | VIFRX | 00142R745 | |||||||
Institutional | VIFJX | 00142R729 | ||||||||||
Leaders Fund | Invesco Van Kampen Leaders Fund | |||||||||||
Class A | VLFAX | 92113A736 | Class A | VLFAX | 00888W718 | Wolle, Hixon, | ||||||
Class B | VLFBX | 92113A728 | Class B | VLFBX | 00888W692 | Ahnrud, Devine, | ||||||
Class C | VLFCX | 92113A710 | Class C | VLFCX | 00888W684 | Ulrich | ||||||
Class I | VLFIX | 92113A694 | Class Y | VLFIX | 00888W676 | |||||||
Limited Duration Fund | Invesco Van Kampen Limited Duration Fund | |||||||||||
Class A | ACFMX | 92113G105 | Class A | ACFMX | 001421684 | Brien, Burge | ||||||
Class B | ACFTX | 92113G204 | Class B | ACFTX | 001421676 | |||||||
Class C | ACFWX | 92113G303 | Class C | ACFWX | 001421668 | |||||||
Class I | ACFYX | 92113G402 | Class Y | ACFYX | 001421650 | |||||||
Institutional | ACFJX | 001421643 | ||||||||||
Mid Cap Growth Fund | Invesco Van Kampen Mid Cap Growth Fund | |||||||||||
Class A | VGRAX | 92113A702 | Class A | VGRAX | 00143M596 | Rasplicka, Lium | ||||||
Class B | VGRBX | 92113A801 | Class B | VGRBX | 00143M588 | |||||||
Class C | VGRCX | 92113A884 | Class C | VGRCX | 00143M570 | |||||||
Class I | VGRDX | 92113A769 | Class Y | VGRDX | 00143M554 | |||||||
Class R | VGRRX | 92113A397 | Class R | VGRRX | 00143M562 | |||||||
Institutional | VGRJX | 00143M547 | ||||||||||
Real Estate Securities Fund | Invesco Van Kampen Real Estate Securities Fund | |||||||||||
Class A | ACREX | 92113P105 | Class A | ACREX | 00888W668 | Rodriguez, | ||||||
Class B | ACRBX | 92113P204 | Class B | ACRBX | 00888W650 | Blackburn, Curbo, | ||||||
Class C | ACRCX | 92113P303 | Class C | ACRCX | 00888W643 | Trowbridge | ||||||
Class I | ACRDX | 92113P402 | Class Y | ACRDX | 00888W635 | |||||||
Institutional | ACRJX | 00888W627 | ||||||||||
U.S. Mortgage Fund | Invesco Van Kampen U.S. Mortgage Fund | |||||||||||
Class A | VKMGX | 921129102 | Class A | VKMGX | 00888W619 | Dudley, Marshall | ||||||
Class B | VUSBX | 921129201 | Class B | VUSBX | 00888W593 | |||||||
Class C | VUSCX | 921129300 | Class C | VUSCX | 00888W585 | |||||||
Class I | VUSIX | 921129508 | Class Y | VUSIX | 00888W577 | |||||||
Institutional | VUSJX | 00888W569 |
Morgan Stanley Funds
Team Post-Merger | ||||||||||||
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Investment Teams) | ||||||||
Alternative Opportunities Fund | Invesco Alternative Opportunities Fund | |||||||||||
Class A | MAOAX | 61755X783 | Class A | MAOAX | 00141V671 | Wolle, Hixon, | ||||||
Class C | MAOCX | 61755X775 | Class C | MAOCX | 00141V663 | Ahnrud, Devine, | ||||||
Class I | MAOIX | 61755X767 | Class Y | MAOIX | 00141V655 | Ulrich | ||||||
Class R | MAORX | 61755X759 | Class R | MAORX | 00141V648 | |||||||
Class W | MAOWX | 61755X742 | Class A | MAOAX | 00141V671 | |||||||
Institutional | MAOJX | 00141V630 |
10 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
MSIF/MSIFT Portfolios | Symbols/Cusips | Invesco Fund | Symbols/Cusips | |||||||||
(Target Portfolios) | (Target Portfolios Only) | (Acquiring Fund) | (Acquiring Fund) | Team Post-Merger | ||||||||
MSIF International Growth Equity Portfolio | Invesco International Growth Equity Fund | |||||||||||
Class P | MNWBX | 61744J242 | Class A | MNWBX | 00141V317 | Olsson, Sides, Cao, | ||||||
Class B | MNBBX | 00141V291 | Dennis, Holzer | |||||||||
Class C | MNWQX | 00141V283 | ||||||||||
Class I | MNWAX | 61744J259 | Class Y | MNWAX | 00141V275 |
Insurance Trusts
Team Post-Merger | ||||||||||||
Insurance Trusts | Symbols/Cusips | Invesco Fund | Symbols/Cusips | (Includes New | ||||||||
(Target Portfolio) | (Target Portfolio Only) | (Acquiring Fund) | (Acquiring Fund) | Investment Teams) | ||||||||
LIT Capital Growth Portfolio | Invesco Van Kampen V.I. Capital Growth Fund | |||||||||||
Class I | 92113L302 | Series I | N/A | 00888X799 | Lloyd, Amerman | |||||||
Class II | 92113L823 | Series II | N/A | 00888X781 | ||||||||
LIT Global Tactical Asset Allocation Portfolio | Invesco Van Kampen V.I. Global Tactical Asset Allocation Fund | |||||||||||
Class I | 92113L690 | Series I | N/A | 00888X732 | Wolle, Hixon, | |||||||
Class II | 92113L682 | Series II | N/A | 00888X724 | Ahnrud, Devine, | |||||||
Ulrich | ||||||||||||
LIT Government Portfolio | Invesco Van Kampen V.I. Government Fund | |||||||||||
Class I | 92113L500 | Series I | N/A | 00888X682 | Dudley, Schneider | |||||||
Class II | 92113L781 | Series II | N/A | 00888X674 | ||||||||
LIT Mid Cap Growth Portfolio | Invesco Van Kampen V.I. Mid Cap Growth Fund | |||||||||||
92113L732 | Series I | N/A | 00888X591 | Rasplicka, Lium | ||||||||
Class II | Series II | N/A | 00888X583 | |||||||||
UIF International Growth Equity | Invesco Van Kampen V.I. International Growth Equity Fund | |||||||||||
UIETX | 91359U679 | Series I | N/A | 00888X625 | Olsson, Sides, Cao, | |||||||
Class II | Series II | N/A | 00888X617 | Dennis, Holzer |
Section II: Retirement Strategy Funds—The Merger Proposal
The Board of Trustees of the Van Kampen Retirement Strategies Funds approved a plan to merge the funds into the AIM Balanced-Risk Retirement Funds. The proposed mergers are subject to shareholder approval. The funds are currently open to all investments, including fee-based and employee-sponsored retirement plan platforms.
It is important to note:Should shareholders approve the merger proposal at the May 11, 2010, shareholder meeting, the funds will remain open to all investments—including fee-based and employee-sponsored retirement plan platforms. Assuming approval is received at the shareholder meeting on May 11, 2010, and the transaction closes the merger of assets would occur at the end of business on or about June 1, 2010.
Important Dates1
February 2010 | Proxies began mailing | |
May 11, 2010 | Shareholder meetings | |
June 1, 2010 | Projected merger of assets (assumes shareholder approval on 5/11/10) |
1 Information and dates subject to change.
Post-Merger Share Class Realignment
Van Kampen Share Class | Invesco Share Class | |
A | A5 | |
C | C5 | |
I | Y | |
R | R5 |
Information shown in bold in the table below represents a change to a fund’s name, symbol and/or the introduction of a share class that does not correspond to a current Van Kampen or Morgan Stanley share class.
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. | 11 |
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | Team | ||||||||
(Target Fund) | (Target Fund) | (Acquiring Fund) | (Acquiring Fund) | Post-Merger2 | ||||||||
2050 Retirement Strategy Fund | Invesco Balanced-Risk Retirement 2050 Fund | |||||||||||
Class A | VRIAX | 92117J576 | Class A5 | VRIAX | 00888U282 | All Invesco Balanced-Risk Retirement Funds are managed by the Invesco Global Asset Allocation Team: Scott Wolle, Scott Hixon, Mark Ahnrud, Chris Devine, Christian Ulrich | ||||||
Class C | VRICX | 92117J568 | Class C5 | VRICX | 00888U274 | |||||||
Class I | VRIIX | 92117J550 | Class Y | TNEYX | 00888U530 | |||||||
Class R | VRIRX | 92117J543 | Class R5 | VRIRX | 00888U266 | |||||||
2045 Retirement Strategy Fund | Invesco Balanced-Risk Retirement2040Fund | |||||||||||
Class A | VRHAX | 92117J626 | Class A5 | VRGAX | 00888U324 | |||||||
Class C | VRHCX | 92117J618 | Class C5 | VRGCX | 00888U316 | |||||||
Class I | VRHIX | 92117J592 | Class Y | TNDYX | 00888U548 | |||||||
Class R | VRHRX | 92117J584 | Class R5 | VRGRX | 00888U290 | |||||||
2040 Retirement Strategy Fund | Invesco Balanced-Risk Retirement 2040 Fund | |||||||||||
Class A | VRGAX | 92117J667 | Class A5 | VRGAX | 00888U324 | |||||||
Class C | VRGCX | 92117J659 | Class C5 | VRGCX | 00888U316 | |||||||
Class I | VRGIX | 92117J642 | Class Y | TNDYX | 00888U548 | |||||||
Class R | VRGRX | 92117J634 | Class R5 | VRGRX | 00888U290 | |||||||
2035 Retirement Strategy Fund | Invesco Balanced-Risk Retirement2030Fund | |||||||||||
Class A | VRFAX | 92117J717 | Class A5 | VREAX | 00888U357 | |||||||
Class C | VRFCX | 92117J691 | Class C5 | VRECX | 00888U340 | |||||||
Class I | VRFIX | 92117J683 | Class Y | TNAYX | 00888U555 | |||||||
Class R | VRFRX | 92117J675 | Class R5 | VRERX | 00888U332 | |||||||
2030 Retirement Strategy Fund | Invesco Balanced-Risk Retirement 2030 Fund | |||||||||||
Class A | VREAX | 92117J758 | Class A5 | VREAX | 00888U357 | |||||||
Class C | VRECX | 92117J741 | Class C5 | VRECX | 00888U340 | |||||||
Class I | VREIX | 92117J733 | Class Y | TNAYX | 00888U555 | |||||||
Class R | VRERX | 92117J725 | Class R5 | VRERX | 00888U332 | |||||||
2025 Retirement Strategy Fund | Invesco Balanced-Risk Retirement2020Fund | |||||||||||
Class A | VRDAX | 92117J790 | Class A5 | VRCAX | 00888U381 | |||||||
Class C | VRDCX | 92117J782 | Class C5 | VRCCX | 00888U373 | |||||||
Class I | VRDIX | 92117J774 | Class Y | AFTYX | 00888U563 | |||||||
Class R | VRDRX | 92117J766 | Class R5 | VRCRX | 00888U365 | |||||||
2020 Retirement Strategy Fund | Invesco Balanced-Risk Retirement 2020 Fund | |||||||||||
Class A | VRCAX | 92117J840 | Class A5 | VRCAX | 00888U381 | |||||||
Class C | �� | VRCCX | 92117J832 | Class C5 | VRCCX | 00888U373 | ||||||
Class I | VRCIX | 92117J824 | Class Y | AFTYX | 00888U563 | |||||||
Class R | VRCRX | 92117J816 | Class R5 | VRCRX | 00888U365 | |||||||
2015 Retirement Strategy Fund | Invesco Balanced-Risk Retirement2010Fund | |||||||||||
Class A | VRBAX | 92117J881 | Class A5 | VRAAX | 00888U423 | |||||||
Class C | VRBCX | 92117J873 | Class C5 | VRACX | 00888U415 | |||||||
Class I | VRBIX | 92117J865 | Class Y | INJYX | 00888U571 | |||||||
Class R | VRBRX | 92117J857 | Class R5 | VRARX | 00888U399 | |||||||
2010 Retirement Strategy Fund | Invesco Balanced-Risk Retirement 2010 Fund | |||||||||||
Class A | VRAAX | 92117J501 | Class A5 | VRAAX | 00888U423 | |||||||
Class C | VRACX | 92117J600 | Class C5 | VRACX | 00888U415 | |||||||
Class I | VRAIX | 92117J709 | Class Y | INJYX | 00888U571 | |||||||
Class R | VRARX | 92117J808 | Class R5 | VRARX | 00888U399 | |||||||
In Retirement Strategy Fund | Invesco Balanced-Risk Retirement Now Fund | |||||||||||
Class A | VIRAX | 92117J105 | Class A5 | VIRAX | 00888U456 | |||||||
Class C | VIRCX | 92117J204 | Class C5 | VIRCX | 00888U449 | |||||||
Class I | VIRIX | 92117J303 | Class Y | IANYX | 00888U589 | |||||||
Class R | VIRRX | 92117J402 | Class R5 | VIRRX | 00888U431 |
12 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
Section III: Van Kampen Money Market Funds—The Merger Proposal
The Board of Trustees of Van Kampen Money Market Fund and Van Kampen Tax Free Money Fund approved a plan to merge the funds into AIM Money Market Fund and AIM Tax Exempt Cash Fund, respectively. The proposed mergers are subject to shareholder approval.
It is important to note:Both the Van Kampen Money Market and the Tax Free Money Funds remain open to new investors. Should shareholders approve the proposed merger during the May 11, 2010 shareholder meeting and the transaction closes, we anticipate the merger of assets will occur in on or about June 4, 2010.
Important Dates1
February 2010 | Proxies begin mailing | |
May 2010 | Shareholder meetings | |
June 4, 2010 | Projected merger of assets (assumes shareholder approval on 5/11/10) |
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | Team | ||||||||
(Target Fund) | (Target Fund only) | (Acquiring Fund) | (Acquiring Fund) | Post-Merger2 | ||||||||
Money Market Fund | Invesco Money Market | |||||||||||
Class A | ACZXX | 92113Q103 | Class A5 | ACZXX | 001421106 | Invesco AIM Cash Management Team | ||||||
Class B | ACYXX | 92113Q202 | Class B5 | ACYXX | 001421304 | |||||||
Class C | ACXXX | 92113Q301 | Class C5 | ACXXX | 001421205 | |||||||
Tax Free Money Fund | Invesco Tax Exempt Cash | |||||||||||
Class A | VTFXX | 920906104 | Class A | ACSXX | 001419209 | |||||||
Class Y | ATFYX | 001419845 | ||||||||||
Investor Class | TEIXX | 001419886 |
Section IV: Van Kampen Proposes Merger of Three Funds Into Morgan Stanley Institutional Fund, Inc. Portfolios
Consistent with the agreement between Van Kampen and Invesco, certain Van Kampen Funds will not be part of the Invesco transaction. As a result, each funds’ Board of Directors/Trustees has approved the merger proposals described below.
The three funds noted below are not anticipated to move to Invesco and, subject to shareholder approval of the proposed mergers, will continue to be managed by their current investment team(s) at Morgan Stanley Investment Management on the Morgan Stanley institutional platform. Assuming shareholder approval at the May 10, 2010 shareholder meeting, the merger of assets will occur on or about May 21, 2010, at the close of business.
It is important to note:Shareholders who currently hold Van Kampen shares merging into one of the MSIF Portfolios will not be required to increase their investment at the time of merger in order to meet the minimums outlined in the table below. However, should shareholders wish to exchange their MSIF shares for another MSIF product at a future date, they must meet the minimum investment amount at that time. Moreover, investors who open new accounts in any of these three funds after the merger will need to meet the new minimum investment amounts.
Important Dates1
March 2010 | Proxies began mailing | |
May 10, 2010 | Shareholder meetings | |
May 21, 2010 | Projected merger of assets (assumes shareholder approval on 5/10/10) |
1 | Information and dates subject to change. | |
2 | Team members may change from time to time, without notice. | |
3 | Closed to new investors. | |
4 | Currently closed to new investors, with limited exceptions. The fund will continue to offer its shares to existing shareholders. | |
5 | Van Kampen Class R shares will be liquidated prior to the proposed merger. |
If a shareholder holds | Post-merger, a shareholder | MSIF Investment | ||||
Van Kampen:5 | will hold MSIF | Minimums | ||||
Class A | Class H | $25,000 | ||||
Class B | Class H | $25,000 | ||||
Class C | Class L | $25,000 | ||||
Class I | Class I | $5 million | ||||
Class P | $1 million |
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. | 13 |
Van Kampen Fund | Symbols/Cusips | MSIF Fund | Symbols/Cusips | Team | ||||||||||
(Target Fund) | (Target Fund only) | (Acquiring Fund) | (Acquiring Fund) | Post-Merger2 | ||||||||||
Core Growth4 | MSIF Advantage Portfolio | |||||||||||||
Class A | VCOAX | 92114U715 | Class H | MAPHX | 61756E776 | Lynch, Cohen, | ||||||||
Class B | VCOBX | 92114U699 | Class H | MAPHX | 61756E776 | Chainani, | ||||||||
Class C | VCOCX | 92114U681 | Class L | MAPLX | 61756E784 | Norton, | ||||||||
Class I | VCOIX | 92114U673 | Class I | MPAIX | 61756E750 | Nash, Yeung | ||||||||
Class R5 | VCORX | 92114U665 | ||||||||||||
Class P | MAPPX | 61756E768 | ||||||||||||
Equity Growth | MSIF Equity Growth Portfolio | |||||||||||||
Class A | VEGAX | 921133542 | Class H | MEGHX | 61756E727 | Heugh, | ||||||||
Class B | VEGBX | 921133534 | Class H | MEGHX | 61756E727 | Umansky | ||||||||
Class C | VEGCX | 921133526 | Class L | MGELX | 61756E719 | |||||||||
Class I | VEGIX | 921133278 | Class I | MGEIX | 61756E743 | |||||||||
Class P | MEGPX | 61756E735 | ||||||||||||
Global Growth | MSIF Global Growth Portfolio | |||||||||||||
Class A | VGGAX | 92113A389 | Class H | MGGHX | 61756E677 | Heugh, | ||||||||
Class B | VGGBX | 92113A371 | Class H | MGGHX | 61756E677 | Umansky | ||||||||
Class C | VGGCX | 92113A363 | Class L | MGGLX | 61756E669 | |||||||||
Class I | VGGIX | 92113A355 | Class I | MGGIX | 61756E693 | |||||||||
Class R5 | VGGRX | 92113A348 | ||||||||||||
Class P | MGGPX | 61756E685 |
Section V: Proposal to Change Investment Advisory Agreement for Senior Loan Fund, Prime Income Trust
After careful consideration, the Boards of Trustees of Van Kampen Senior Loan Fund and Morgan Stanley Prime Income Trust (the “funds”) approved a plan to seek shareholder approval of new investment advisory and sub-advisory agreements for the funds, establishing Invesco Advisers, Inc., a subsidiary of Invesco Ltd., as the funds’ investment adviser. In addition, Prime Income Trust shareholders will be asked to consider approval of a new Board of Trustees for the fund.
Should shareholders approve the proposals during the upcoming April 16, 2010, shareholder meetings and the transaction closes, each funds’ investment advisory agreement will change. No changes to the funds’ portfolio management teams, investment objectives or strategies are anticipated. It is anticipated that the current portfolio management teams will continue to manage the funds in accordance with the funds’ stated investment objectives and strategies.
Important Dates1
March 2010 | Proxies began mailing | |
April 16, 2010 | Shareholder meetings | |
Mid-2010 | Updated investment advisory agreement becomes effective (assuming shareholder approval) |
1 | Information and dates subject to change. | |
2 | Team members may change from time to time, without notice. | |
3 | Closed to new investors. | |
4 | Currently closed to new investors, with limited exceptions. The fund will continue to offer its shares to existing shareholders. | |
5 | Van Kampen Class R shares will be liquidated prior to the proposed merger. | |
6 | Cusip information for Prime Income Trust will be available prior to the transaction close. | |
7 | Class IB and IC shares are not continuously offered. |
Van Kampen Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | Team | ||||||||||
(Target Fund) | (Target Fund) | (Acquiring Fund) | (Acquiring Fund) | Post-Merger2 | ||||||||||
Van Kampen Senior Loan Fund | Invesco Van Kampen Senior Loan Fund | |||||||||||||
Class A | VSLAX | 920914306 | Class A | VSLAX | 46131G109 | Yarrow, Fogarty, | ||||||||
Class B | VSLBX | 920914405 | Class B | VSLBX | 46131G208 | Scott | ||||||||
Class C | VSLCX | 920914504 | Class C | VSLCX | 46131G307 | |||||||||
Class IB7 | XPRTX | 920914108 | Class IB | XPRTX | 46131G406 | |||||||||
Class IC7 | XSLCX | 920914207 | Class IC | XSLCX | 46131G505 |
Morgan Stanley Fund | Symbols/Cusips | Invesco Fund | Symbols/Cusips | Team | ||||||||||
(Target Fund) | (Target Fund Only) | (Acquiring Fund) | (Acquiring Fund) | Post-Merger2 | ||||||||||
Morgan Stanley Prime Income Trust | Invesco Prime Income Trust | |||||||||||||
XPITX | 616971107 | PRIME | —6 | Kim, Rabinowitz |
14 | FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC. |
Questions?
For additional information, or to view the prospectuses, visit vankampen.com or morganstanley.com/im, as applicable.
Van Kampen Funds | Morgan Stanley Funds | |||||
National Account Management | 800-225-2222 | Financial Advisors contact: | ||||
Morgan Stanley Fund Sales | 888-880-MSIM (6746) | |||||
VA and DC Home Office contact: | Morgan Stanley Wealth Advisory Group | 800-409-5412 | ||||
Your relationship manager | ||||||
Financial Advisors contact: | ||||||
National Broker/Dealer Division | 800-826-5267 | |||||
Financial Institutions Division | 800-852-2656 | |||||
Financial Advisors Division | 800-421-7571 |
Risk Considerations:There is no assurance that a mutual fund will achieve its investment objective. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of an investment at $1.00 per share, if it is unable to do so, it is possible to lose money by investing in the fund.
Van Kampen Funds Inc. is the distributor for the Van Kampen funds and the Life Investment Trusts. Morgan Stanley Distributors Inc. is the distributor for the Morgan Stanley Investment Adviser Funds and the Morgan Stanley Select Dimensions Investment Series. Morgan Stanley Distribution, Inc. is the distributor for Morgan Stanley Institutional Funds Inc., Morgan Stanley Institutional Fund Trust and Universal Institutional Funds. Invesco Aim Distributors, Inc. is Invesco Ltd.’s U.S. distributor for retail mutual funds, exchange-traded funds and institutional money market funds.
FOR FINANCIAL PROFESSIONAL USE ONLY AND MAY NOT BE USED WITH THE GENERAL PUBLIC.
Please ask your clients to consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus and, if available, the summary prospectus contain this and other information about the fund and can be obtained by contacting you, the financial professional, or by downloading one at morganstanley.com/im for Morgan Stanley funds, vankampen.com for Van Kampen funds and invescoaim.com for Invesco funds. Encourage them to read the prospectus and/or summary prospectus carefully before investing.
Morgan Stanley Investment Management |