Summary Prospectus |
February 28, 2024 |
Class: |
A |
C |
R |
Y |
R5 |
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 original purchase price or redemption proceeds, whichever is less) |
None1
|
1.00
% |
None |
None |
None |
None |
|
Class: |
A |
C |
R |
Y |
R5 |
R6 |
Management Fees |
0.49 % |
0.49 % |
0.49 % |
0.49 % |
0.49 % |
0.49 % |
| ||||||
Distribution and/or Service (12b-1) Fees |
0.24 |
1.00 |
0.50 |
None |
None |
None |
| ||||||
Other Expenses |
1.10 |
1.10 |
1.10 |
1.10 |
0.93 |
0.93 |
| ||||||
Acquired Fund Fees and Expenses |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
| ||||||
Total Annual Fund Operating Expenses |
1.86 |
2.62 |
2.12 |
1.62 |
1.45 |
1.45 |
| ||||||
Fee Waiver and/or Expense Reimbursement2
|
0.67 |
0.68 |
0.68 |
0.68 |
0.51 |
0.51 |
| ||||||
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement |
1.19 |
1.94 |
1.44 |
0.94 |
0.94 |
0.94 |
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
$665 |
$1,041 |
$1,442 |
$2,558 |
| ||||
Class C |
$297 |
$750 |
$1,330 |
$2,718 |
| ||||
Class R |
$147 |
$598 |
$1,077 |
$2,398 |
| ||||
Class Y |
$96 |
$445 |
$817 |
$1,865 |
| ||||
Class R5 |
$96 |
$408 |
$744 |
$1,691 |
| ||||
Class R6 |
$96 |
$408 |
$744 |
$1,691 |
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
$665 |
$1,041 |
$1,442 |
$2,558 |
| ||||
Class C |
$197 |
$750 |
$1,330 |
$2,718 |
| ||||
Class R |
$147 |
$598 |
$1,077 |
$2,398 |
| ||||
Class Y |
$96 |
$445 |
$817 |
$1,865 |
| ||||
Class R5 |
$96 |
$408 |
$744 |
$1,691 |
| ||||
Class R6 |
$96 |
$408 |
$744 |
$1,691 |
|
Class A |
Period Ended |
Returns |
Best Quarter |
December 31, 2020 |
15.00% |
Worst Quarter |
March 31, 2020 |
-18.72% |
|
Inception Date |
1 Year |
5 Years |
Since
Inception |
Class A |
|
|
|
|
Return Before Taxes |
8/27/2015 |
-1.76 % |
4.56 % |
3.77 % |
Return After Taxes on Distributions |
|
-3.19 |
3.39 |
2.58 |
Return After Taxes on Distributions and Sale of Fund Shares |
|
-0.46 |
3.29 |
2.64 |
| ||||
Class C |
8/27/2015 |
2.19 |
4.96 |
3.74 |
| ||||
Class R |
8/27/2015 |
3.79 |
5.49 |
4.23 |
| ||||
Class Y |
8/27/2015 |
4.17 |
5.97 |
4.68 |
| ||||
Class R5 |
5/24/2019 |
4.29 |
6.01 1 |
4.63 1 |
| ||||
Class R6 |
8/27/2015 |
4.26 |
6.03 |
4.75 |
| ||||
MSCI ACWI ex USA® Index (Net) (reflects reinvested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
|
15.62 |
7.08 |
5.69 2 |
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Mark Ahnrud, CFA |
Portfolio Manager |
2019 |
| ||
John Burrello, CFA |
Portfolio Manager |
2019 |
| ||
Chris Devine, CFA |
Portfolio Manager |
2019 |
| ||
Scott Hixon, CFA |
Portfolio Manager |
2019 |
| ||
Christian Ulrich, CFA |
Portfolio Manager |
2019 |
| ||
Scott Wolle, CFA |
Portfolio Manager |
2019 |
|
Type of Account |
Initial
Investment Per Fund |
Additional
Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|