• SPECIALTY
• INTERNATIONAL
• SMALL COMPANY
• MEDIUM COMPANY
• LARGE COMPANY
• BALANCED
• REAL ESTATE SECURITIES
• INCOME
• Seligman High-Yield Fund
• Seligman Core Fixed Income Fund
• Seligman U.S. Government Securities Fund
• MUNICIPAL INCOME
• MONEY MARKET
• ASSET ALLOCATION
• VARIABLE ANNUITY
• CLOSED END
• NON-US FUNDS

This style analysis is the opinion of Seligman only and has not been provided by any third party.

Fact Sheet Prospectus Shareholder Report Statement of Additional Information

Past performance is no guarantee or indication of future results. The rate of return will vary and the principal value of an investment will fluctuate. Shares, if redeemed, may be worth more or less than their original cost. Performance does not reflect the effect of sales charges, fees, or taxes. If such charges were included, performance would be lower. Return figures reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any.

Through at least January 31, 2009, Seligman has contractually agreed to waive its management fee and/or to reimburse the Fund’s expenses to the extent that the Fund’s “other expenses” (i.e., those expenses other than management fees, 12b-1 fees, interest on borrowings, and extraordinary expenses, including litigation expenses) exceed 0.50% per annum of the Fund’s average daily net assets. Similar fee waiver/expense reimbursement arrangements were in effect since the Fund commenced investment operations on October 1, 2001. Absent such management fee waiver/expense reimbursements, the Fund’s returns would have been lower.

IMPORTANT PERFORMANCE INFORMATION

Performance data quoted herein represents past performance. Past performance does not guarantee or indicate future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Total returns of the Fund as of the most recent month-end will be made available atCurrent Fund Returns by the seventh business day following that month-end.

Return figures reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any. Average annual total return figures for Class A shares are calculated without and with the effect of the initial maximum sales charge. The average annual total returns (with sales charges) for all periods presented for Class A shares reflect the maximum initial sales charge of 4.50% that went into effect January 7, 2008. Although the Fund’s Class A share returns reflect the 4.50% maximum initial sales charge, the actual returns for periods prior to January 7, 2008, would have been lower if the 4.75% maximum initial sales charge then in effect was incurred. Effective June 4, 2007, there is no initial sales charge on purchases of Class C shares. The chart and tables do not reflect the performance of Class B, C, or R shares, which would differ due to different sales charges, fees and expenses. Return information on Class B, C, and R shares are available here.

A WORD ABOUT RISK

Investment grade fixed-income securities are subject to interest rate risk, credit risk, prepayment risk, and market risk. Highyield securities are subject to a greater risk of loss of principal and interests than higher-rated, investment grade fixed-income securities. US government bonds that are guaranteed by the US government and, if held to maturity, offer both a fixed rate of return and fixed principal value. An investment in the Fund is not insured or guaranteed by the US government. There is no guarantee that the Fund’s investment goals/objectives will be met, and you could lose money.

On November 7, 2008, RiverSource Investments, LLC (“RiverSource Investments”) completed its acquisition of J. & W. Seligman & Co. Incorporated. In addition, at special meetings held earlier in November 2008, the shareholders of each Seligman Mutual Fund approved a new investment management services agreement between each such Fund and RiverSource Investments and, if applicable, new subadvisory and delegation agreements. With the completion of the acquisition and the approval of these new agreements by shareholders of each Seligman Mutual Fund, RiverSource Investments is the new investment manager of the Seligman Mutual Funds effective November 7, 2008.

FOOTNOTES
1 Quality composition excludes short-term instruments, and is shown as a percentage of long-term holdings.
2 Portfolio composition excludes short-term instruments, and is shown as a percentage of long-term holdings.
3 Top 10 holdings exclude short-term instruments, and are shown as a percentage of total net assets. The Fund is actively managed and holdings are subject to change. There can be no assurance that the securities listed above have remained or will remain in the Fund’s portfolio. Holdings should not be construed as a recommendation to buy or sell any security, an indication that any security is suitable for a particular investor or that any of the securities listed were or will be profitable. Click the link for additional Portfolio holdings information.

Seligman Core Fixed Income Fund

AVERAGE ANNUAL TOTAL RETURNS
As of September 30, 2008

		1 Year %	3 Year %	5 Year %	Since Inception* %
	CLASS A without sales charges	(1.24)	1.76	1.57	2.87
	CLASS A with sales charges	(5.68)	0.20	0.65	2.19
*Inception: 10/1/01

GROWTH of $10,000
Class A Without Sales Charges: 10/1/01 (Inception) - 9/30/08

CALENDAR YEAR TOTAL RETURNS
As of September 30, 2007

* Since Inception: 10/1/01.

Performance does not reflect the effect of sales charges. If such charges were included, performance would be lower. The graph does not reflect the performance of Class B, C, or R shares, which would differ due to different sales charges, fees and expenses. Return figures reflect any change in price per share, and assume the reinvestment of dividends and capital gains, if any. See Important Performance Information.

Annual Fund Operating Expenses
(Expenses that are deducted from Fund assets)

	(As of percent of Net Assets)	Class A Shares	Class B Shares	Class C Shares	Class R Shares
	Total Gross Operating Expenses	2.20%	2.95%	2.93%	2.45%
	Less: Contractual Fee Waiver/Expense Reimbursement4	0.95	0.95	0.95	0.95
	Net Operating Expenses(after Fee Waiver/Expense Reimbursement)	1.25	2.00	1.98	1.50
4Through at least January 31, 2009, Seligman has contractually agreed to waive its management fee and/or to reimburse the Fund’s expenses to the extent that the Fund’s “other expenses” (i.e., those expenses other than management fees, 12b-1 fees, interest on borrowings, and extraordinary expenses, including litigation expenses) exceed 0.50% per annum of the Fund’s average daily net assets. Similar fee waiver/expense reimbursement arrangements were in effect since the Fund commenced investment operations on October 1, 2001. Absent such management fee waiver/expense reimbursements, the Fund’s returns would have been lower.