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 23 of the Trust's Prospectus What are the sales charges for purchases of Class A Shares on page 25 of the Prospectus What are the sales charges for purchases of Class A Shares on page 25 of the Prospectus Reduced Sales Charges for Certain Purchases of Class A Shares on page 27 of the Prospectus Reduced Sales Charges for Certain Purchases of Class A Shares on page 27 of the Prospectus Purchase, Redemption, and Pricing of Shares on page 36 of the Statement of Additional Information (the SAI) Purchase, Redemption, and Pricing of Shares on page 36 of the Statement of Additional Information (the SAI)

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