Investment Objective |
Fees and Expenses of the Fund |
|
Class A |
Class C |
Institutional |
Investor |
Class R |
Class R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
5.50% |
None |
None |
None |
None |
None |
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds)1
|
None |
1.00% |
None |
None |
None |
None |
|
Class A |
Class C |
Institutional |
Investor |
Class R |
Class R6 |
Management Fees |
0.63% |
0.63% |
0.63% |
0.63% |
0.63% |
0.63% |
Distribution and/or Service (12b-1) Fees |
0.25% |
0.75% |
0.00% |
0.00% |
0.50% |
0.00% |
Other Expenses |
0.20% |
0.45% |
0.08% |
0.20% |
0.20% |
0.07% |
Service Fees |
0.00% |
0.25% |
0.00% |
0.00% |
0.00% |
0.00% |
All Other Expenses |
0.20% |
0.20% |
0.08% |
0.20% |
0.20% |
0.07% |
Acquired Fund Fees and Expenses |
0.11% |
0.11% |
0.11% |
0.11% |
0.11% |
0.11% |
Total Annual Fund Operating Expenses2 |
1.19% |
1.94% |
0.82% |
0.94% |
1.44% |
0.81% |
Fee Waiver and Expense Limitation3
|
(0.10%) |
(0.10%) |
(0.10%) |
(0.10%) |
(0.10%) |
(0.10%) |
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation |
1.09% |
1.84% |
0.72% |
0.84% |
1.34% |
0.71% |
Expense Example |
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A Shares |
$655 |
$898 |
$1,159 |
$1,905 |
Class C Shares |
$287 |
$600 |
$1,038 |
$2,256 |
Institutional Shares |
$74 |
$252 |
$445 |
$1,004 |
Investor Shares |
$86 |
$290 |
$510 |
$1,146 |
Class R Shares |
$136 |
$446 |
$777 |
$1,716 |
Class R6 Shares |
$73 |
$249 |
$440 |
$992 |
Class C Shares – Assuming no redemption |
$187 |
$600 |
$1,038 |
$2,256 |
Portfolio Turnover |
Principal Strategy |
Principal Risks of the Fund |
Performance |
During the periods shown in the chart above:
|
Returns |
Quarter ended |
Best Quarter Return |
6.57% |
December 31, 2020 |
Worst Quarter Return |
-9.75% |
March 31, 2020 |
AVERAGE ANNUAL TOTAL RETURN For the period ended
December 31, 2022 |
|
|
|
|
1 Year |
5 Years |
10 Years |
Inception
Date | |
Class A Shares |
|
|
|
5/30/2008 |
Returns Before Taxes |
-11.78% |
0.74% |
2.27% |
|
Returns After Taxes on Distributions |
-13.43% |
-0.71% |
1.03% |
|
Returns After Taxes on Distributions and Sale of Fund Shares |
-6.89% |
0.07% |
1.33% |
|
Class C Shares |
|
|
|
5/30/2008 |
Returns Before Taxes |
-8.21% |
1.14% |
2.08%*
|
|
Institutional Shares |
|
|
|
5/30/2008 |
Returns Before Taxes |
-6.27% |
2.26% |
3.25% |
|
Investor Shares |
|
|
|
5/30/2008 |
Returns Before Taxes |
-6.37% |
2.14% |
3.11% |
|
Class R Shares |
|
|
|
5/30/2008 |
Returns |
-6.79% |
1.61% |
2.58% |
|
Class R6 Shares |
|
|
|
7/31/2015 |
Returns Before Taxes |
-6.17% |
2.28% |
3.25%**
|
|
ICE BofAML Three-Month U.S. Treasury Bill Index |
1.47% |
1.26% |
0.76% |
|
Portfolio Management |
Buying and Selling Fund Shares |
Tax Information |
Payments to Broker-Dealers and Other Financial Intermediaries |
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