Eagle Capital Appreciation, Growth & Income funds up sales concession

By Toni Weeks

San Diego, Dec. 2 - The Eagle Capital Appreciation Fund and the Eagle Growth & Income Fund announced a change to their sales concessions for class A shares, according to a 497 filing with the Securities and Exchange Commission.

Effective immediately, Eagle, the distributor or affiliates may pay a one-time up-front sales concession from its own resources to broker-dealers and financial intermediaries for new purchases of at least $1 million of class A shares. The concession will be 0.8% of purchases between $1 million and $2.5 million, 0.6% of purchases between $2.5 million and $5 million, 0.35% of purchases between $5 million and $8 million, 0.25% of purchases between $8 million and $15 million and 0.15% of purchases over $15 million.

Previously, the fee was 0.75% of purchases between $1 million and $1,999,999.99, 0.5% of purchases between $2 million and $4,999,999.99 and 0.25% of amounts $5 million or higher.

The funds' investment adviser is St. Petersburg, Fla.-based Eagle Asset Management, Inc.

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