Strategy And Objective

The Carillon Eagle Growth & Income Fund ( Growth & Income Fund or the fund ) primarily seeks long-term capital appreciation and, secondarily, seeks current income. During normal market conditions, the Growth & Income Fund seeks to achieve its objective by investing primarily in domestic equity securities (predominantly common stocks) that the portfolio managers believe are high-quality, financially strong companies that pay above-market dividends, have cash resources (i.e. free cash flow) and a history of raising dividends. The portfolio managers select companies based in part upon their belief that those companies have the following characteristics: (1) yield or dividend growth at or above the S&P 500 Index; (2) potential for growth; and (3) stock price below its estimated intrinsic value. The fund generally sells securities when their price appreciations reach or exceed sustainable levels, a company s fundamentals deteriorate, or a more attractive investment opportunity develops. Equity securities purchased by the fund typically include common stocks, convertible securities, preferred stocks, and real estate investment trusts ( REITs ). In addition, the fund generally invests in mid and large-capitalization companies that are diversified across different industries and sectors. From time to time, the fund s portfolio may include the stocks of fewer companies than other diversified funds. The fund also may own a variety of other securities that, in the opinion of the fund s portfolio managers, offer prospects for meeting the fund s investment goals. These securities may include equity securities of companies economically tied to countries outside of the U.S. The fund may lend its securities to broker-dealers and other financial institutions to earn additional income.