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PNC News

Allegiant Funds Merger Letter to Shareholders

PNC Funds - Merger Letter to Shareholders

PNC Funds - New Tickers and Cusips as of 2/8/10

Fund Reorganization Announcement

2009 Capital Gains

2/08/2010 Press Release - Allegiant Funds and PNC Funds Merger Completed

B Shares to A Shares Conversion Letter

NOT FDIC INSURED  |  NO BANK OR FEDERAL GOVERNMENT GUARANTEE  |  MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the PNC Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863). Please read it carefully before you invest or send money.

PNC Capital Advisors, LLC, a subsidiary of The PNC Financial Services Group Inc., serves as investment adviser and co-administrator to PNC Funds and receives fees for its services. Shares of PNC Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with PNC and is not a bank.

©2010 The PNC Financial Services Group, Inc. All rights reserved.