Click here to go to www.aquilafunds.com/literature.html Click here to send a message to info@aquilafunds.com Alternative Purchase Plans on page 47 of the Fund's Prospectus Alternative Purchase Plans on page 47 of the Fund's Prospectus What are the sales charges for purchases of Class A Shares on page 48 of the Prospectus Reduced Sales Charges for Certain Purchases of Class A Shares on page 50 of the Prospectus Reduced Sales Charges for Certain Purchases of Class A Shares on page 50 of the Prospectus Purchase, Redemption, and Pricing of Shares on page 72 of the Statement of Additional Information (the SAI) Purchase, Redemption, and Pricing of Shares on page 72 of the Statement of Additional Information (the SAI)

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