Supplement dated September 24, 2026 to the
Statement of Additional Information (“SAI”), dated May 1, 2026,
as may be revised or supplemented from time to time, for
the following funds:
VAUGHAN NELSON MID CAP FUND
VAUGHAN NELSON SMALL CAP FUND
(each, a “Fund”, together, the “Funds”)
Effective immediately, the table under the third paragraph in the section “Portfolio Holdings Information” of the SAI is hereby amended to include the following:
| Entity | Fund(s) | Type | Frequency | Purpose |
| Ridgeline, Inc. | Certain Funds | Full portfolio holdings | Daily |
Hosting of Portfolio Accounting and Trade Order Management and Compliance Systems; Corporate Actions; Trade Settlements; Pricing, and Reconciliations |