Van Kampen Equity and Income Fund

Three Reasons to Consider Equity and Income Fund Competitive Long-term Performance* Experienced Management Team** A proven strategy that seeks to manage risk A Fund to Consider in Today’s Market At Van Kampen, we understand that economic uncertainty can be unsettling. We encourage you to discuss the following information with your financial advisor to determine if Equity and Income Fund may aid you in navigating today’s volatile markets. Invests a portion of the portfolio in high-quality shorter duration bonds that may minimize credit and interest-rate risk and help mitigate volatility Invests a portion of portfolio in convertible securities; providing a combination of both upside equity participation along with the ability to mitigate downside risk in weaker markets Outperformed 95% of its Morningstar peers over the 10-year period ended 12/31/07. See below for complete fund rankings Currently overweight defensive sectors such as healthcare and consumer staples which have tended to outperform when market volatility increases and underweight sectors which have tended to underperform as volatility rises such as utilities and energy * Past performance is no guarantee of future results. Percentile ranks based on returns calculated at NAV and do not include sales charges. If sales charges were included, performance would be lower and rank may be lower. In the Moderate Allocation category, Class A shares of the fund ranked 741 out of 1,103 funds for the 1-year, 291 out of 894 funds for the 3-year, 156 out of 698 funds for the 5-year and 17 out of 396 funds for the 10-year periods that ended December 31, 2007. ** Team members may change without notice from time to time.

Risk Considerations

There is no assurance that a mutual fund will achieve its investment objective. Funds are subject to market risk, which is the possibility that the market values of securities owned by the fund will decline and that the value of fund shares may therefore be less than what you paid for them. Accordingly, you can lose money investing in this fund. Please be aware that this fund may be subject to certain additional risks. Fixed-income securities. Subject to credit and interest-rate risk. Credit risk refers to the ability of an issuer to make timely payments of interest and principal. Interest-rate risk refers to fluctuations in the value of a fixed-income security resulting from changes in the general level of interest rates. In a declining interest-rate environment, the portfolio may generate less income. In a rising interest-rate environment, bond prices fall. Foreign and emerging markets. Investments in foreign markets entail special risks such as currency, political, economic, and market risks. The risks of investing in emerging-market countries are greater than the risks generally associated with foreign investments. Convertible securities. In addition to the risks associated with common stocks, investments in convertible securities are subject to the risks associated with fixed-income securities, namely credit, price and interest-rate risks. Other risks associated with investing in the fund include REITS. In addition to the general risks associated with real-estate investment, investing entails other risks, such as credit and interest-rate risk.