<?xml version="1.0" encoding="us-ascii"?><InstanceReport xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema"><Version>2.2.0.25</Version><hasSegments>true</hasSegments><hasScenarios>false</hasScenarios><ReportLongName>040000 - Disclosure - Risk/Return Detail Data {Elements}</ReportLongName><DisplayLabelColumn>true</DisplayLabelColumn><ShowElementNames>true</ShowElementNames><RoundingOption /><HasEmbeddedReports>false</HasEmbeddedReports><Columns><Column><Id>1</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelColumn>false</LabelColumn><CurrencyCode /><FootnoteIndexer /><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios><MCU><KeyName>2/28/2011 - 2/28/2011
</KeyName><CurrencySymbol /><contextRef><ContextID>Duration_2_28_2011_To_2_28_20112</ContextID><EntitySchema>http://www.sec.gov/CIK</EntitySchema><EntityValue>0000895430</EntityValue><PeriodDisplayName /><PeriodType>duration</PeriodType><PeriodStartDate>2011-02-28T00:00:00</PeriodStartDate><PeriodEndDate>2011-02-28T00:00:00</PeriodEndDate><Segments /><Scenarios /></contextRef><UPS /><CurrencyCode /><OriginalCurrencyCode /></MCU><CurrencySymbol /><Labels><Label Id="2" Label="Feb. 28, 2011" /></Labels></Column></Columns><Rows><Row><Id>2</Id><IsAbstractGroupTitle>true</IsAbstractGroupTitle><Level>0</Level><ElementName>rr_RiskReturnAbstract</ElementName><ElementPrefix>rr</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:stringItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>No definition available.</ElementDefenition><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Risk/Return:</Label></Row><Row><Id>3</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_DocumentType</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>Other</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:SECReportItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type should be limited to the same value as the supporting SEC submission type. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, NCSR, N-Q, and Other.</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Document Type</Label></Row><Row><Id>4</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_DocumentPeriodEndDate</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>2010-10-31</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>true</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:dateItemType</ElementDataType><SimpleDataType>date</SimpleDataType><ElementDefenition>The end date of the period reflected on the cover page if a periodic report.  For all other reports and registration statements this will be the filing date. The format of the date is CCYY-MM-DD.</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Document Period End Date</Label></Row><Row><Id>5</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_EntityRegistrantName</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>ING MUTUAL FUNDS</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:normalizedStringItemType</ElementDataType><SimpleDataType>normalizedstring</SimpleDataType><ElementDefenition>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher SEC
 -Name Regulation 12B
 -Number 240
 -Section 12b
 -Subsection 1

</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Registrant Name</Label></Row><Row><Id>6</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_EntityCentralIndexKey</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>0000895430</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:centralIndexKeyItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher SEC
 -Name Regulation 12B
 -Number 240
 -Section 12b
 -Subsection 1

</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Central Index Key</Label></Row><Row><Id>7</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_AmendmentFlag</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>false</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:booleanItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>If the value is true, then the document as an amendment to previously-filed/accepted document.</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Amendment Flag</Label></Row><Row><Id>8</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_DocumentCreationDate</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>2011-03-18</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>true</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:dateItemType</ElementDataType><SimpleDataType>date</SimpleDataType><ElementDefenition>The date the document was made available and submitted, in CCYY-MM-DD format. The date of submission, date of acceptance by the recipient, and the document effective date are all potentially different.</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Document Creation Date</Label></Row><Row><Id>9</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>dei_DocumentEffectiveDate</ElementName><ElementPrefix>dei</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>2011-03-18</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>true</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:dateItemType</ElementDataType><SimpleDataType>date</SimpleDataType><ElementDefenition>The date when a document, upon receipt and acceptance, becomes officially effective, in CCYY-MM-DD format. Usually it is a system-assigned date time value, but it may be declared by the submitter in some cases.</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Document Effective Date</Label></Row><Row><Id>10</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>rr_ProspectusDate</ElementName><ElementPrefix>rr</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>2011-02-28</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>true</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:dateItemType</ElementDataType><SimpleDataType>date</SimpleDataType><ElementDefenition>The date of the prospectus.</ElementDefenition><ElementReferences>Reference 1: 1
 -Publisher SEC
 -Name Form
 -Number N-1A
 -Chapter A
 -Section 1
 -Paragraph 3
 -Subsection a

</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Prospectus Date</Label></Row><Row><Id>11</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName /><ElementPrefix>na</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>na</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>true</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>http://xbrl.sec.gov/rr/role/riskreturndetaildata</PreferredLabelRole><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns><Columns><Id>2</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelColumn>false</LabelColumn><CurrencyCode /><FootnoteIndexer /><hasSegments>true</hasSegments><hasScenarios>false</hasScenarios><MCU><KeyName>{dei_LegalEntityAxis} : S000031148 Member
2/28/2011 - 2/28/2011
</KeyName><CurrencySymbol /><contextRef><ContextID>Duration_2_28_2011_To_2_28_2011</ContextID><EntitySchema>http://www.sec.gov/CIK</EntitySchema><EntityValue>0000895430</EntityValue><PeriodDisplayName /><PeriodType>duration</PeriodType><PeriodStartDate>2011-02-28T00:00:00</PeriodStartDate><PeriodEndDate>2011-02-28T00:00:00</PeriodEndDate><Segments><anyType xsi:type="Segment"><IsDefaultForEntity>false</IsDefaultForEntity><Name /><IsFromEntityGroup>false</IsFromEntityGroup><ValueName>International Core Fund</ValueName><ValueType>dei_LegalEntityAxis</ValueType><Namespace>xbrldi</Namespace><Schema>http://xbrl.org/2006/xbrldi</Schema><DimensionInfo><Id>cik000895430_S000031148Member</Id><dimensionId>dei_LegalEntityAxis</dimensionId><type>explicitMember</type></DimensionInfo></anyType></Segments><Scenarios /></contextRef><UPS /><CurrencyCode /><OriginalCurrencyCode /></MCU><CurrencySymbol /><Labels><Label Id="1" Label="International Core Fund" /><Label Id="2" Label="2/28/2011 - 2/28/2011" /></Labels></Columns></OriginalInstanceReportColumns><Unit>Other</Unit><ElementDataType /><SimpleDataType>na</SimpleDataType><ElementDefenition>No definition available.</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>International Core Fund</Label></Row><Row><Id>12</Id><IsAbstractGroupTitle>true</IsAbstractGroupTitle><Level>0</Level><ElementName>rr_RiskReturnAbstract</ElementName><ElementPrefix>rr</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>xbrli:stringItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>No definition available.</ElementDefenition><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Risk/Return:</Label></Row><Row><Id>13</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>cik000895430_SupplementTextBlock</ElementName><ElementPrefix>cik000895430</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>Supplement [Text Block]</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;div&gt;
&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;ING Mutual Funds&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;ING International Core Fund ("Fund")&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Supplement dated March&amp;nbsp;18, 2011&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;to the Fund's Class&amp;nbsp;I Prospectus ("Prospectus")&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dated February&amp;nbsp;28, 2011&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;On March&amp;nbsp;3, 2011, the Board of Trustees of ING Mutual Funds approved a change with respect to the Fund's investment strategies, effective March&amp;nbsp;3, 2011.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;div class="MetaData"&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;1.&lt;/font&gt;&lt;font style="font-size: 3pt;" class="_mt" size="1"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The section entitled "Principal Investment Strategies" of the summary section of the Fund's Prospectus is hereby deleted in its entirety and replaced with the following due to the revision of the Fund's investment strategies to allow for investment in derivatives:&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Under normal market conditions, the Fund invests at least 65% of its total assets in equity securities of companies located in a number of different countries other than the United States. The Fund may invest in countries with emerging securities markets. The Fund may also invest in depositary receipts of foreign issuers.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The Fund may use derivatives, including futures, options, swaps, and forward contracts typically for hedging purposes to reduce risk, such as interest rate risk, currency risk and price risk.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The Fund may invest in other investment companies, including exchange-traded funds, to the extent permitted under the Investment Company Act of 1940, as amended, and the rules, regulations and exemptive orders thereunder ("1940 Act").&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg Investment Management,&amp;nbsp;Inc. ("Thornburg") and Wellington Management Company, LLP ("Wellington Management"), (each a "Sub-Adviser" and collectively the "Sub-Advisers") provide day-to-day management of the Fund.&amp;nbsp; The Sub-Advisers act independently of each other and use their own methodology for selecting investments. ING Investments, LLC, the Fund's&amp;nbsp;investment adviser,&amp;nbsp;determines the amount of Fund assets allocated to Thornburg&amp;nbsp;and Wellington Management.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Thornburg Investment Management,&amp;nbsp;Inc.&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg intends to invest on an opportunistic basis, where it believes there is intrinsic value. Thornburg typically invests in basic value stocks and stocks that, in Thornburg's opinion, provide value in a broader or different context, including the stocks of companies with consistent earnings characteristics and those of emerging franchises, when these issues are value priced.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg primarily uses individual issuer and industry analysis to make investment decisions. Value, for purposes of Thornburg's selection criteria, relates both to current measures and to projected measures. Among the specific factors considered by Thornburg in identifying undervalued securities for inclusion are:&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; price/earnings ratio&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;price/book value&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;price/cash flow ratio&lt;/font&gt;&lt;/p&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;debt/capital ratio&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dividend yield&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dividend history&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;security&amp;nbsp;&amp;amp; consistency of revenue stream&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;enterprise value/EBITDA (earnings before interest, taxes, depreciation and amortization)&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;undervalued assets&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;relative earnings growth potential&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;industry growth potential&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;industry leadership&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dividend growth potential&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;franchise value&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;potential for favorable developments&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;EBIT (earnings before interest and taxes)/interest expenses&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg typically makes equity investments in the following three types of companies:&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Basic Value&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; companies are companies which, in Thornburg's opinion, are financially sound companies with well established businesses whose stock is selling at low valuations relative to the companies' net assets or potential earning power.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Consistent Earner&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; companies are typically companies that are selling at valuations below historic norms. &amp;nbsp;Stocks in this category sometimes sell at premium valuations and sometimes at discount valuations. &amp;nbsp;Generally they have shown steady earnings growth, dividend growth, or both. &amp;nbsp;There are no assurances that these trends will continue in the future.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Emerging Franchises&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; are value-priced companies that, in Thornburg's opinion, are in the process of establishing a leading position in a product, service or market and which Thornburg expects will grow, or continue to grow, at an above average rate. Under normal conditions, the proportion invested in companies of this type will be less than the proportions invested in basic value or consistent earner companies.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Debt obligations will be considered for investment when Thornburg believes them to be more attractive than equity alternatives and may purchase debt obligations of any maturity and of any quality.&lt;/font&gt;&lt;/p&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Wellington Management Company, LLP&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Wellington Management&amp;nbsp;conducts fundamental research on individual companies to identify securities for purchase or sale. Fundamental analysis of a company involves the assessment of such factors as its business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends, and other related measures and indicators of value. Wellington Management seeks to invest in companies with underappreciated assets, improving and/or sustainable return on capital, and/or stocks that it believes are mispriced by the market due to short-term issues. This proprietary research takes into account each company's long-term history as well as Wellington Management's analysts' forward-looking estimates, and allows for a comparison of the intrinsic value of stocks on a global basis focusing on return on invested capital in conjunction with other valuation metrics. Portfolio construction is driven primarily by bottom-up stock selection, with region, country and sector weightings being secondary factors.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Wellington Management's emerging market exposure will generally not be greater than 10% above the emerging markets exposure of the Morgan Stanley Capital International All Country World ex U.S. Index. Emerging markets will be defined as countries that are included in the Morgan Stanley Capital International Emerging Markets Index.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Each Sub-Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising, among others.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The Fund also may lend portfolio securities on a short-term or long-term basis, up to 33 1/3% of its assets.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;2.&lt;/font&gt;&lt;font style="font-size: 3pt;" class="_mt" size="1"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The section entitled "Principal Risks" in the summary section of the Fund's Prospectus is hereby deleted in its entirety and replaced with the following due to the addition of the "Derivative Instruments" risk:&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;div class="MetaData"&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Call&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;During periods of falling interest rates, a bond issuer may "call" or repay its high-yielding bond before the bond's maturity date. If forced to invest the unanticipated proceeds at lower interest rates, the Fund would experience a decline in income.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Company&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The price of a given company's stocks could decline or underperform for&amp;nbsp;many reasons including, among others,&amp;nbsp;poor management, financial problems, or business challenges. If a company declares bankruptcy or becomes insolvent, its stocks could become worthless.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Credit&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Prices of bonds and other debt securities can fall if the issuer's actual or perceived financial health deteriorates, whether because of broad economic or issuer-specific reasons. In severe cases, the issuer could be late in paying interest or principal, or could fail to pay altogether.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Currency&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;To the extent that the&amp;nbsp;Fund&amp;nbsp;invests directly in foreign currencies or in securities denominated in, or that trade in, foreign (non-U.S.) currencies, it is&amp;nbsp;subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency being hedged.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Derivative Instruments&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Derivative instruments are subject to a number of risks, including the risk of changes in the market price of the underlying securities, credit risk with respect to the counterparty, risk of loss due to changes in interest rates and liquidity risk. The use of certain derivatives may also have a leveraging effect which may increase the volatility of the Fund and reduce its returns.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Foreign Investments/Developing and Emerging Markets&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;nbsp;Investing&amp;nbsp;in foreign (non-U.S.) securities may result in the Fund experiencing more rapid and extreme changes in value than a fund that invests exclusively in securities of U.S. companies, due to smaller markets, differing reporting, accounting and auditing standards, and nationalization, expropriation or confiscatory taxation, foreign currency fluctuations, currency blockage, or political changes or diplomatic developments. Foreign investment risks typically are greater in developing and emerging markets than in developed markets.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;High-Yield Securities&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Investments rated below investment-grade (or of&amp;nbsp;similar&amp;nbsp;quality if unrated) are&amp;nbsp;known as "high-yield securities" or&amp;nbsp;"junk bonds."&amp;nbsp; High-yield securities are subject to greater levels of credit and liquidity risks. High-yield securities are considered primarily speculative with respect to the issuer's continuing ability to make principal and interest payments.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Interest Rate&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;With bonds and other debt securities, a rise in interest rates generally causes values to fall; conversely, values generally rise as interest rates fall.&amp;nbsp;The higher the credit quality of the security, and the longer its maturity or duration, the more sensitive it is likely to be to interest rate risk.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Liquidity&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;If a security is illiquid, the Fund&amp;nbsp;might be unable to sell the security at a time when the Fund's manager might wish to sell, and the security could have the effect of decreasing the overall level of the Fund's liquidity. Further, the lack of an established secondary market may make it more difficult to value illiquid securities, which could vary from the amount the Fund could realize upon disposition.&amp;nbsp; The Fund may make investments that become less liquid in response to market developments or adverse investor perception.&amp;nbsp; The Fund could lose money if it cannot sell a security at the time and price that would be most beneficial to the Fund.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Market&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Stock prices are volatile and are affected by the real or perceived impacts of such factors as economic conditions and political events. The stock market tends to be cyclical, with periods when stock prices generally rise and periods when stock prices generally decline. Any given stock market segment may remain out of favor with investors for a short or long period of time, and stocks as an asset class may underperform bonds or other asset classes during some periods. From time to time, the stock market may not favor the&amp;nbsp;value-oriented securities in which the Fund&amp;nbsp;invests. Rather, the market could favor&amp;nbsp;growth-oriented securities or may not favor equities at all.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Market Capitalization&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Stocks fall into three broad market capitalization categories - large, mid and small.&amp;nbsp; Investing primarily in one category carries the risk that, due to current market conditions, that category may be out of favor with investors.&amp;nbsp; If valuations of large-capitalization companies appear to be greatly out of proportion to the valuations of mid- or small-capitalization companies, investors may migrate to the stocks of mid- and small-sized companies causing the Fund that invests in these companies to increase in value more rapidly than a fund that invests in larger, fully-valued companies.&amp;nbsp; Investing in mid- and small-capitalization companies may be subject to special risks associated with narrower product lines, more limited financial resources, smaller management groups, and a more limited trading market for their stocks as compared with larger companies.&amp;nbsp; As a result, stocks of mid- and small-capitalization companies may decline significantly in market downturns.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Other Investment Companies&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; The main risk of investing in other investment companies, including exchange-traded funds,&amp;nbsp;is the risk that the value of the&amp;nbsp;securities underlying an investment company might decrease. Because the Fund may invest in other investment companies, you will pay a proportionate share of the expenses of that other investment company (including management fees, administration fees and custodial fees) in addition to the expenses of the Fund.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Securities Lending&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Securities lending involves two primary risks:&amp;nbsp;"investment risk" and "borrower default risk." Investment risk is the risk that the Fund will lose money from the investment of the cash collateral received from the borrower.&amp;nbsp;Borrower default risk is the risk that the Fund will lose money due to the failure of a borrower to return a borrowed security in a timely manner.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-align: center; margin: 0in 0in 0pt;" align="center"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;

&lt;div&gt; &lt;/div&gt;

&lt;div&gt; &lt;/div&gt; &lt;/div&gt;</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:textBlockItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>Supplement [Text Block]</ElementDefenition><ElementReferences>No authoritative reference available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Supplement [Text Block]</Label></Row><Row><Id>14</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>rr_StrategyNarrativeTextBlock</ElementName><ElementPrefix>rr</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;div&gt; &lt;div class="MetaData"&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;1.&lt;/font&gt;&lt;font style="font-size: 3pt;" class="_mt" size="1"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The section entitled "Principal Investment Strategies" of the summary section of the Fund's Prospectus is hereby deleted in its entirety and replaced with the following due to the revision of the Fund's investment strategies to allow for investment in derivatives:&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Under normal market conditions, the Fund invests at least 65% of its total assets in equity securities of companies located in a number of different countries other than the United States. The Fund may invest in countries with emerging securities markets. The Fund may also invest in depositary receipts of foreign issuers.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The Fund may use derivatives, including futures, options, swaps, and forward contracts typically for hedging purposes to reduce risk, such as interest rate risk, currency risk and price risk.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The Fund may invest in other investment companies, including exchange-traded funds, to the extent permitted under the Investment Company Act of 1940, as amended, and the rules, regulations and exemptive orders thereunder ("1940 Act").&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg Investment Management,&amp;nbsp;Inc. ("Thornburg") and Wellington Management Company, LLP ("Wellington Management"), (each a "Sub-Adviser" and collectively the "Sub-Advisers") provide day-to-day management of the Fund.&amp;nbsp; The Sub-Advisers act independently of each other and use their own methodology for selecting investments. ING Investments, LLC, the Fund's&amp;nbsp;investment adviser,&amp;nbsp;determines the amount of Fund assets allocated to Thornburg&amp;nbsp;and Wellington Management.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Thornburg Investment Management,&amp;nbsp;Inc.&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg intends to invest on an opportunistic basis, where it believes there is intrinsic value. Thornburg typically invests in basic value stocks and stocks that, in Thornburg's opinion, provide value in a broader or different context, including the stocks of companies with consistent earnings characteristics and those of emerging franchises, when these issues are value priced.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg primarily uses individual issuer and industry analysis to make investment decisions. Value, for purposes of Thornburg's selection criteria, relates both to current measures and to projected measures. Among the specific factors considered by Thornburg in identifying undervalued securities for inclusion are:&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; price/earnings ratio&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;price/book value&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;price/cash flow ratio&lt;/font&gt;&lt;/p&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;debt/capital ratio&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dividend yield&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dividend history&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;security&amp;nbsp;&amp;amp; consistency of revenue stream&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;enterprise value/EBITDA (earnings before interest, taxes, depreciation and amortization)&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;undervalued assets&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;relative earnings growth potential&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;industry growth potential&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;industry leadership&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;dividend growth potential&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;franchise value&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;potential for favorable developments&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in; font-size: 12pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;#183;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;EBIT (earnings before interest and taxes)/interest expenses&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Thornburg typically makes equity investments in the following three types of companies:&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Basic Value&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; companies are companies which, in Thornburg's opinion, are financially sound companies with well established businesses whose stock is selling at low valuations relative to the companies' net assets or potential earning power.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Consistent Earner&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; companies are typically companies that are selling at valuations below historic norms. &amp;nbsp;Stocks in this category sometimes sell at premium valuations and sometimes at discount valuations. &amp;nbsp;Generally they have shown steady earnings growth, dividend growth, or both. &amp;nbsp;There are no assurances that these trends will continue in the future.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Emerging Franchises&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; are value-priced companies that, in Thornburg's opinion, are in the process of establishing a leading position in a product, service or market and which Thornburg expects will grow, or continue to grow, at an above average rate. Under normal conditions, the proportion invested in companies of this type will be less than the proportions invested in basic value or consistent earner companies.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Debt obligations will be considered for investment when Thornburg believes them to be more attractive than equity alternatives and may purchase debt obligations of any maturity and of any quality.&lt;/font&gt;&lt;/p&gt;

&lt;div style="font-family: Times New Roman;"&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Wellington Management Company, LLP&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="text-indent: 0.5in; margin: 0in 0in 0pt 0.5in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Wellington Management&amp;nbsp;conducts fundamental research on individual companies to identify securities for purchase or sale. Fundamental analysis of a company involves the assessment of such factors as its business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends, and other related measures and indicators of value. Wellington Management seeks to invest in companies with underappreciated assets, improving and/or sustainable return on capital, and/or stocks that it believes are mispriced by the market due to short-term issues. This proprietary research takes into account each company's long-term history as well as Wellington Management's analysts' forward-looking estimates, and allows for a comparison of the intrinsic value of stocks on a global basis focusing on return on invested capital in conjunction with other valuation metrics. Portfolio construction is driven primarily by bottom-up stock selection, with region, country and sector weightings being secondary factors.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Wellington Management's emerging market exposure will generally not be greater than 10% above the emerging markets exposure of the Morgan Stanley Capital International All Country World ex U.S. Index. Emerging markets will be defined as countries that are included in the Morgan Stanley Capital International Emerging Markets Index.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Each Sub-Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising, among others.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The Fund also may lend portfolio securities on a short-term or long-term basis, up to 33 1/3% of its assets.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:textBlockItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.</ElementDefenition><ElementReferences>Reference 1: 1
 -Publisher SEC
 -Name Form
 -Number N-1A
 -Chapter A
 -Section 4
 -Subsection a

</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Strategy Narrative [Text Block]</Label></Row><Row><Id>15</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><Level>0</Level><ElementName>rr_RiskNarrativeTextBlock</ElementName><ElementPrefix>rr</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><ShortDefinition>No definition available.</ShortDefinition><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsSubReportEnd>false</IsSubReportEnd><IsCalendarTitle>false</IsCalendarTitle><IsTuple>false</IsTuple><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole /><FootnoteIndexer /><Cells><Cell><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;div&gt; &lt;div class="MetaData"&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Call&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;During periods of falling interest rates, a bond issuer may "call" or repay its high-yielding bond before the bond's maturity date. If forced to invest the unanticipated proceeds at lower interest rates, the Fund would experience a decline in income.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Company&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;The price of a given company's stocks could decline or underperform for&amp;nbsp;many reasons including, among others,&amp;nbsp;poor management, financial problems, or business challenges. If a company declares bankruptcy or becomes insolvent, its stocks could become worthless.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Credit&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Prices of bonds and other debt securities can fall if the issuer's actual or perceived financial health deteriorates, whether because of broad economic or issuer-specific reasons. In severe cases, the issuer could be late in paying interest or principal, or could fail to pay altogether.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Currency&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;To the extent that the&amp;nbsp;Fund&amp;nbsp;invests directly in foreign currencies or in securities denominated in, or that trade in, foreign (non-U.S.) currencies, it is&amp;nbsp;subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency being hedged.&lt;/font&gt;&lt;/p&gt;

&lt;p style="text-indent: -0.5in; margin: 0in 0in 0pt 1in;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Derivative Instruments&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Derivative instruments are subject to a number of risks, including the risk of changes in the market price of the underlying securities, credit risk with respect to the counterparty, risk of loss due to changes in interest rates and liquidity risk. The use of certain derivatives may also have a leveraging effect which may increase the volatility of the Fund and reduce its returns.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Foreign Investments/Developing and Emerging Markets&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;&amp;nbsp;Investing&amp;nbsp;in foreign (non-U.S.) securities may result in the Fund experiencing more rapid and extreme changes in value than a fund that invests exclusively in securities of U.S. companies, due to smaller markets, differing reporting, accounting and auditing standards, and nationalization, expropriation or confiscatory taxation, foreign currency fluctuations, currency blockage, or political changes or diplomatic developments. Foreign investment risks typically are greater in developing and emerging markets than in developed markets.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;High-Yield Securities&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Investments rated below investment-grade (or of&amp;nbsp;similar&amp;nbsp;quality if unrated) are&amp;nbsp;known as "high-yield securities" or&amp;nbsp;"junk bonds."&amp;nbsp; High-yield securities are subject to greater levels of credit and liquidity risks. High-yield securities are considered primarily speculative with respect to the issuer's continuing ability to make principal and interest payments.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Interest Rate&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;With bonds and other debt securities, a rise in interest rates generally causes values to fall; conversely, values generally rise as interest rates fall.&amp;nbsp;The higher the credit quality of the security, and the longer its maturity or duration, the more sensitive it is likely to be to interest rate risk.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Liquidity&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;If a security is illiquid, the Fund&amp;nbsp;might be unable to sell the security at a time when the Fund's manager might wish to sell, and the security could have the effect of decreasing the overall level of the Fund's liquidity. Further, the lack of an established secondary market may make it more difficult to value illiquid securities, which could vary from the amount the Fund could realize upon disposition.&amp;nbsp; The Fund may make investments that become less liquid in response to market developments or adverse investor perception.&amp;nbsp; The Fund could lose money if it cannot sell a security at the time and price that would be most beneficial to the Fund.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Market&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Stock prices are volatile and are affected by the real or perceived impacts of such factors as economic conditions and political events. The stock market tends to be cyclical, with periods when stock prices generally rise and periods when stock prices generally decline. Any given stock market segment may remain out of favor with investors for a short or long period of time, and stocks as an asset class may underperform bonds or other asset classes during some periods. From time to time, the stock market may not favor the&amp;nbsp;value-oriented securities in which the Fund&amp;nbsp;invests. Rather, the market could favor&amp;nbsp;growth-oriented securities or may not favor equities at all.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Market Capitalization&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Stocks fall into three broad market capitalization categories - large, mid and small.&amp;nbsp; Investing primarily in one category carries the risk that, due to current market conditions, that category may be out of favor with investors.&amp;nbsp; If valuations of large-capitalization companies appear to be greatly out of proportion to the valuations of mid- or small-capitalization companies, investors may migrate to the stocks of mid- and small-sized companies causing the Fund that invests in these companies to increase in value more rapidly than a fund that invests in larger, fully-valued companies.&amp;nbsp; Investing in mid- and small-capitalization companies may be subject to special risks associated with narrower product lines, more limited financial resources, smaller management groups, and a more limited trading market for their stocks as compared with larger companies.&amp;nbsp; As a result, stocks of mid- and small-capitalization companies may decline significantly in market downturns.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Other Investment Companies&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; The main risk of investing in other investment companies, including exchange-traded funds,&amp;nbsp;is the risk that the value of the&amp;nbsp;securities underlying an investment company might decrease. Because the Fund may invest in other investment companies, you will pay a proportionate share of the expenses of that other investment company (including management fees, administration fees and custodial fees) in addition to the expenses of the Fund.&lt;/font&gt;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt;"&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&amp;nbsp;&lt;/p&gt;

&lt;p style="margin: 0in 0in 0pt 1in;"&gt;&lt;b&gt;&lt;font style="font-size: 10pt; font-weight: bold;" class="_mt" size="2"&gt;Securities Lending&lt;/font&gt;&lt;/b&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt; &lt;/font&gt;&lt;font style="font-size: 10pt;" class="_mt" size="2"&gt;Securities lending involves two primary risks:&amp;nbsp;"investment risk" and "borrower default risk." Investment risk is the risk that the Fund will lose money from the investment of the cash collateral received from the borrower.&amp;nbsp;Borrower default risk is the risk that the Fund will lose money due to the failure of a borrower to return a borrowed security in a timely manner.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><NonNumericTextHeader /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:textBlockItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>Narrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.</ElementDefenition><ElementReferences>Reference 1: 1
 -Publisher SEC
 -Name Form
 -Number N-1A
 -Chapter A
 -Section 4
 -Paragraph 1
 -Subparagraph i
 -Clause instruction
 -Subsection b

</ElementReferences><IsTotalLabel>false</IsTotalLabel><IsEPS>false</IsEPS><Label>Risk Narrative [Text Block]</Label></Row></Rows><Footnotes /><NumberOfCols>1</NumberOfCols><NumberOfRows>14</NumberOfRows><ReportName>Risk/Return Detail Data</ReportName><MonetaryRoundingLevel>UnKnown</MonetaryRoundingLevel><SharesRoundingLevel>UnKnown</SharesRoundingLevel><PerShareRoundingLevel>UnKnown</PerShareRoundingLevel><ExchangeRateRoundingLevel>UnKnown</ExchangeRateRoundingLevel><HasCustomUnits>false</HasCustomUnits><SharesShouldBeRounded>true</SharesShouldBeRounded></InstanceReport>
