Seligman US Government Securities Fund Fact Sheet

Current Fund Returns

SELIGMAN'S STYLE ANALYSIS

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

FUND MATERIALS

Factsheet

Prospectus

Statement of Additional Information

Shareholder Report

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.

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 at Current 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 a 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

US government securities owned by Seligman U.S. Government Securities Fund are subject to interest rate risk, prepayment risk, credit risk, and market risk. The Fund may invest in securities that are not guaranteed by the U.S. Government. These securities may have increased credit risk, including, but not limited to, the risk of non-payment of principal or interest.

There is no guarantee that the Fund’s investment goals/objectives will be met, and you could lose money.

An investment in the Fund is not insured or guarantee by the Federal Deposit Insurance Corporation or any other government agency.

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 Composition is 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.
2 Portfolio composition is shown as a percentage of portfolio and includes short-term instruments.

Seligman U.S. Government Securities Fund

FUND OBJECTIVE:
Seeks a high level of current income consistent with prudent investment risk.

PORTFOLIO MANAGEMENT

Portfolio Manager:

FUND STATISTICS
As of September 30, 2008
Inception March 11,1985
Total Net Assets $70 million
Number of Holdings 55
Duration* 4.2 years

^*Duration is the average amount of time that it takes to receive the interest and principal of a bond or portfolio of bonds. The duration formula is based on a formula that calculates the weighted average of the cash flows (interest and principal payments) of the bond, discounted to present time.

COMPOSITION OF NET ASSETS¹
As of September 30, 2008

Fannie Mae

32.9%

US Treasury Notes and Bonds

31.1

Freddie Mac

25.3

Other US Agency Obligations

4.3

Ginnie Mae

3.0

US Treasury STRIPS Principal

1.2

Other Mortgage-Backed Securities

0.8

Other Assets Less Liabilities

1.4

PORTFOLIO COMPOSITION²
As of September 30, 2008

Obligations Backed by US Full Faith and Credit

36.4%

Obligations Not Backed by US Full Faith and Credit

46.3%

Other

17.3%

QUALITY COMPOSITION
As of September 30, 2008

Moody's Ratings

Aaa-Aa-A/AAA-AA-A

100.0%

Nonrated

0.0

Quality Composition is shown as a percentage of net assets.

AVERAGE ANNUAL TOTAL RETURNS
As of September 30, 2008


	1 Year %	3 Year %	5 Year %	10 Year %

CLASS A without sales charges	5.90	3.84	2.20	3.69

CLASS A with sales charges	1.14	2.24	1.26	3.21

GROWTH of $10,000
(Class A Without Sales Charges: 9/30/88 - 9/30/08)

The chart does not reflect the performance of Class B, C, or R shares, which would differ due to different sales charges, fees and expenses. See Important Performance Information.

CALENDAR YEAR TOTAL RETURNS
As of September 30, 2008

Class A Without Sales Charges

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/C Shares	Class R Shares

Total Annual Operating Expenses	1.52%	2.28%	1.78%

NOT FDIC INSURED . NOT BANK GUARANTEED . MAY LOSE VALUE

This information is authorized for use only in the case of concurrent or prior delivery of the offering prospectus of the Fund. You should consider the investment objectives, risks, charges, and expenses of a Fund carefully before investing. A prospectus containing information about a Fund (including its investment objectives, risks, charges, expenses, and other information about the Fund) may be obtained here. The prospectus should be read carefully before investing in a Fund.

Effective November 7, 2008, J. & W. Seligman Co. Incorporated ("Seligman") was acquired by and became a wholly-owned subsidiary of RiverSource Investments, LLC, which is a subsidiary of Ameriprise Financial, Inc. As a result of the acquisition, Seligman's investment advisory contracts were transferred to RiverSource Investments and Seligman Advisors, Inc., a subsidiary of Seligman, was added as a principal underwriter and distributor of the RiverSource mutual funds.

Seligman mutual funds are distributed by Seligman Advisors, Inc., member FINRA, and managed by RiverSource Investments, LLC. Seligman Services, Inc. provides services to fund shareholders. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of RiverSource Investments, LLC. These companies are part of Ameriprise Financial, Inc.