August 4, 2011 (New York, NY)
Burnham Fund Class A shares were upgraded to an overall Five-Star ranking by Morningstar as of August 2, 2011. The Burnham Fund is ranked in the Large Cap Blend category, which is comprised of 1855 funds (As of July 31, 2011).
Congratulations to Portfolio Manager Jon M. Burnham.
Burnham Fund Class A shares average annualized returns for one-year, three-years, five-years and since inception for the period ended June 30, 2011 are 32.07%, 4.47% and 5.94%, and 10.37% respectively. Including the maximum 5% sales charge, and all fees, performance was 25.47%, 2.7% and 4.86%, and 10.22% respectively. The Fund’s operating expense ratio gross of fee waivers or expense reimbursements is 1.54% for Class A.
The performance data quoted represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate, so that those shares, when redeemed, may be worth more or less than their original cost. All returns reflect reinvested dividends, but do not reflect the deduction of taxes that an investor would pay on distributions or redemptions. Current performance may be lower or higher than the data quoted due to market volatility.
For more complete information about either fund, including a free prospectus and performance current to the most recent month-end, please contact Burnham Securities Inc. at 800-874-FUND, or visit the website at www.burnhamfunds.com
. The prospectus contains important information about the funds, including investment objectives, risks, management fees, sales charges, and other expenses which you should consider carefully. Please read the prospectus carefully before you invest or send money. Owning mutual fund shares involves investment risk, including possible loss of principal.
Morningstar Inc. is an independent monitor of fund performance and has no relationship with Burnham Securities Inc. Morningstar rates mutual funds from one to five stars based on how well they've performed (after adjusting for risk and accounting for all sales charges) in comparison to similar funds. Within each Morningstar Category, the top 10% of funds receive five stars, the next 22.5% four stars, the middle 35% three stars, the next 22.5% two stars, and the bottom 10% receive one star. Funds are rated for up to three time periods -- three-, five-, and 10 years -- and these ratings are combined to produce an overall rating. Funds with less than three years of history are not rated. Ratings are objective, based entirely on a mathematical evaluation of past performance. They're a useful tool for identifying funds worthy of further research, but shouldn't be considered buy or sell recommendations.
Burnham Securities Inc. (Principal Distributor) has no relationship with Morningstar.
Shares of the fund are offered by Burnham Securities Inc., Principal Distributor, 1325 Avenue of the Americas, New York, NY 10019; 800-874-FUND; www.burnhamfunds.com.