Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index - The Index is composed of high quality, small- and mid-capitalization companies with a history of raising their dividends while exhibiting the characteristics to continue to do so in the future.
Russell 2000® Index - The Index is comprised of the smallest 2000 companies in the Russell 3000 Index.
Russell 3000® Index - The Index is comprised of the 3000 largest and most liquid stocks based and traded in the U.S.
There is no guarantee that the fund’s distribution target will be achieved. The fund does not seek to achieve any specific level of total return performance compared with the total return performance of the Index or the S&P 500® Index. Capital appreciation on the securities held by the fund may be less than the capital appreciation of the Index and the S&P 500® Index, and the total return performance of the fund may be less than the total return performance of the Index and the S&P 500® Index.
An option is a contractual obligation between a buyer and a seller. There are two types of options known as “calls” and “puts.” The buyer of a call option has the right, but not the obligation, to purchase an agreed upon quantity of an underlying asset from the writer (seller) of the option at a predetermined price (the strike price) within a certain window of time (until the option’s expiration), creating a long position.